The ____________ Tells Us Whether or Not Predictor Variable Has

question 28

Multiple Choice

The ____________ tells us whether or not predictor variable has a "significant" (statistically speaking) relationship with the dependent variable.

• A) a-ratio
• B) b-ratio
• C) t-ratio
• D) m-ratio
• E) n-ratio

---

Definitions:

Fixed Costs

Expenses that do not change with the level of production or sales in the short term, such as rent, salaries, and equipment leases.

Variable Costs

Expenses that fluctuate in direct proportion to the volume of production or amount of output.

Fixed Costs

Expenses that do not change in total regardless of the level of production or sales activity, such as rent or salaries.

Variable Costs

Costs that vary directly with the level of production or sales volume.