Test Bank For Financial Algebra Advanced Algebra with Financial Applications 2nd Edition Robert Gerver Richard J Sgroi

$15.00

By: Robert Gerver Richard J Sgroi

Edition: 2nd Edition

Format: Downloadable ZIP Fille

Resource Type: Test bank

Duration: Unlimited downloads

Delivery: Instant Download

Test Bank For Financial Algebra Advanced Algebra with Financial Applications 2nd Edition

1. Your income before all taxes are deducted is your disposable income.

	a.	True
	b.	False

ANSWER:	False
RATIONALE:	Your income before all taxes are deducted is your gross income.
POINTS:	1
QUESTION TYPE:	True / False
HAS VARIABLES:	False
DATE CREATED:	1/23/2017 11:46 PM
DATE MODIFIED:	2/8/2017 5:54 AM

2. A discretionary expense is one that can’t be eliminated from your day-to-day life.

	a.	True
	b.	False

ANSWER:	False
RATIONALE:	An essential expense is one that can’t be eliminated from your day-to-day life.
POINTS:	1
QUESTION TYPE:	True / False
HAS VARIABLES:	False
DATE CREATED:	1/23/2017 11:50 PM
DATE MODIFIED:	2/7/2017 5:46 AM

3. When considering measures of central tendency, the presence of outliers would indicate that the mean may not be a good representation.

	a.	True
	b.	False

4. When a correlation coefficient is near 1, there is little or no correlation between corresponding variables.

	a.	True
	b.	False

ANSWER:	False
RATIONALE:	A correlation coefficient near 1 is a strong correlation; a value near 0 indicates little or no correlation.
POINTS:	1
QUESTION TYPE:	True / False
HAS VARIABLES:	False
DATE CREATED:	1/24/2017 12:14 AM
DATE MODIFIED:	2/7/2017 5:46 AM

Test Bank For Financial Algebra Advanced Algebra with Financial Applications 2nd Edition Robert Gerver Richard J Sgroi