A Random Sample of 79 Companies from the Forbes 500

question 31

Multiple Choice

A random sample of 79 companies from the Forbes 500 list (which actually consists of nearly 800 companies) was selected,and the relationship between sales (in hundreds of thousands of dollars) and profits (in hundreds of thousands of dollars) was investigated by regression.The following results were obtained from statistical software. The following (partial) ANOVA table was obtained from statistical software. What are the degrees of freedom for SSE,the error sum of squares?

• A)2
• B)77
• C)78
• D)79

---

Definitions:

Gift Revoked

The act of withdrawing or cancelling a gift before it has been transferred to or accepted by the intended recipient.

Immediate Death

Death that occurs instantly or very shortly after an event, such as an accident or attack, without any significant intervening time.

Statute Of Frauds

State-level legislation that addresses the enforceability of contracts that fail to meet the requirements set forth in the statute; serves to protect promisors from poorly considered oral contracts by requiring that certain contracts be in writing.

Bailment

The legal relationship established when possession, but not ownership, of personal property is transferred from one person to another under an agreement.