If Using the Regression Tool for Two-Group Discriminant Analysis, in the Regression

question 111

Multiple Choice

If using the regression tool for two-group discriminant analysis, in the regression dialog box, the Input Y-Range entry corresponds to

• A) the Group values.
• B) the independent variable values.
• C) the predictor variable values.
• D) (b) and (c) are both correct

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Definitions:

Prepaid Rent

An asset account that represents payment for rent that covers a future period, reflecting rent expense that has not yet been incurred.

Adjusting Entry

A journal entry made at the end of an accounting period to record unrecognized income or expenses in order to maintain accrual accounting accuracy.

Rent Expense

The cost incurred for using a property or space for business or residential purposes.

Contra Asset Account

An account that offsets or reduces the balance of a related asset account, used to record reductions or allowances, like accumulated depreciation.