Which of the Following Statements Is Correct

question 10

Multiple Choice

Which of the following statements is correct?

• A) Standardized regression coefficients (betas) indicate the direction of a relationship.
• B) A nominal variable with three or more categories can be the dependent variable in regression.
• C) Both "a" and "b" are correct.
• D) None of the above is correct.

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Definitions:

Residual Value

The projected worth of an asset upon the completion of its lifespan.

Composite Depreciation

A method of depreciation where a single depreciation rate is applied to the aggregate cost of multiple assets with similar characteristics and useful lives.

Heterogeneous Assets

Assets that are dissimilar in nature and cannot be easily substituted by or compared with each other within a market or industry.

Residual Value

The estimated value of an asset at the end of its useful life, often considered in leasing and depreciation calculations.