According to the Logic of Proportional Reduction of Error (PRE),if

question 14

Multiple Choice

According to the logic of proportional reduction of error (PRE) ,if two variables are associated,then information about the independent variable

• A)eliminates errors in the prediction of the dependent variable.
• B)reduces the number of errors in predicting the dependent variable.
• C)has no effect on the ability to predict the dependent variable.
• D)decreases errors of prediction for negative relationships and increases errors for positive relationships.

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Definitions:

Bought Deal

An agreement where an underwriter commits to buying the entire issuance of a new security and then reselling it to investors.

Underwriter

An entity or person that evaluates and assumes the risk of another entity's offerings, like securities in an IPO, insurance policies, or loans.

Financial Responsibility

Financial responsibility involves managing money in a way that allows an individual or organization to meet their obligations and prepare for future financial needs.

Ex Rights

Period when stock is selling without a recently declared right, normally beginning two business days before the holder-of-record date.