What is a lurking variable?
a. a lurking variable is a quantitative variable that has an inf...
Business, 16.09.2019 17:30 JordynElizabeth11306
What is a lurking variable?
a. a lurking variable is a quantitative variable that has an infinite number of possible values that are not countable. in addition, lurking variables are typically very large numbers that make them difficult, if not impossible, to include in a study.
b. a lurking variable is a response variable that was not considered in a study, but is also affected by the casual relationship of the explanatory variables in the study. in addition, lurking variables are typically related to response variables in the study.
c. a lurking variable is a quantitative variable that has either a finite number of possible values or a countable number of possible values. in addition, lurking variables are typically equal to zero, or almost equal to zero.
d. a lurking variable is an explanatory variable that was not considered in a study, but that affects the value of the response variable in the study. in addition, lurking variables are typically related to explanatory variables in the study.
Answers: 3
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Salge inc. bases its manufacturing overhead budget on budgeted direct labor-hours. the variable overhead rate is $8.10 per direct labor-hour. the company's budgeted fixed manufacturing overhead is $74,730 per month, which includes depreciation of $20,670. all other fixed manufacturing overhead costs represent current cash flows. the direct labor budget indicates that 5,300 direct labor-hours will be required in september. the company recomputes its predetermined overhead rate every month. the predetermined overhead rate for september should be:
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