Get 2022 Updated Free HBX CORe Exam Questions & Answer [Q43-Q67]

NEW QUESTION 43

The data below represent the top 25 U.S. newspapers by average daily circulation (in thousands) in 2013. Based on the output, what is the standard deviation of this sample?

NEW QUESTION 44

The partial regression output table below describes the relationship between point differential per game and winning percentage for all 30 National Basketball Association teams for the last five seasons. (For a team, the point differential per game is the difference between average points scored and average points allowed per game.) Based on this information, a decrease in point differential of one point per game would have what effect, on average, on a team’s winning percentage?

NEW QUESTION 45
A company collected $10,000 from a customer in payment for goods sold to the customer a month ago on credit. How would the collection impact the accounting equation?

NEW QUESTION 46
Current and quick ratio formulas are similar, except that for the quick ratio an analyst will subtract which account from the numerator (current assets)?

NEW QUESTION 47
Which of the following measures can reduce multicollinearity in multiple regression? (Select all that apply.)

NEW QUESTION 48
A coal burning power plant in upstate New York has been the only provider of power in the region for many years. Recently, a plant that uses wind to create energy was built nearby. The wind plant produces less energy than the coal plant but at a lower cost. Will the coal plant be able to remain competitive in this new market environment?

NEW QUESTION 49
Company B has the following summarized Statement of Cash Flows for the year. Company B is MOST likely in what stage of the business life-cycle?

NEW QUESTION 50
Which of the following pieces of information can be determined by looking at an income statement?

NEW QUESTION 51
A market research team conducted a pilot test for its new product. The team observed 50 volunteers and recorded their response scores. Using the sample mean and standard deviation, ahypothesis test was performed to see if the average response score was greater than 90. The team calculated a p-value of 0.0477. Which of the following statements is correct?

NEW QUESTION 52
A company reported pretax financial statement income of $420,000 for Year 1. Taxable income for Year 1 was $300,000 due to a temporary timing difference in depreciation expenses. The income tax rate is 30 percent. In its Year 1 balance sheet, the company should record a deferred tax:

NEW QUESTION 53
A company owns an empty office building and is deciding how to use it next year. It would cost $100,000 to staff the office and $15,000 for equipment. The revenues would be $160,000. Meanwhile, it could rent the office to another company for $75,000 in revenues. In both cases, the company must pay $5,000 for the building’s electricity. If the company is seeking to maximize its economic profit, which course should it pursue and what is the outcome?

NEW QUESTION 54
Exhibit: Based on the histogram below of 28 nations’ performances in the Winter Olympic games, in which bin would the median be located?

NEW QUESTION 55
Which of the following options would MOST likely be considered a variable cost?

NEW QUESTION 56
When a company declares and pays dividends to its shareholders, which of the following options is affected?

NEW QUESTION 57
A study is conducted to determine what factors drive used car prices. The study initially examined two variables: the make of the car and the number of miles driven on the car. Not surprisingly, the group commissioning the study found that there was a strong relationship between these two variables and price. In an attempt to explain more of the variation in price the researcher added a thirdvariable:the car’s age (in years).A prior study had shown that age was a significant factor in explaining used car selling prices. When added to the new model, however, the group found that although adding age explained more of the variation in price, age was no longer significant when combined with the car’s make and miles. This problem is an example of:

NEW QUESTION 58
Company A has been profitable for the past five years but the Retained Earnings reported on the financial statements has not grown. Which of the following statements could explain the situation?

NEW QUESTION 59
In an automobile manufacturing factory, selected cars are subjected to a crash test to ensure they meet baseline safety requirements. The null hypothesis of the crash test is that all cars are safe. The manufacturer aims to guarantee that all cars it sells meet the safety requirements. Which type of error is MORE serious for the automobile manufacturer?

NEW QUESTION 60
Which of the following items can be found in the “Operating Section” of an indirect method cash flow statement? (Select all that apply.)

NEW QUESTION 61
A pharmaceutical company was recently awarded a 20 year patent for a new medicine it has developed. Which of the following results could be a consequence of this patent? (Select all that apply.)

NEW QUESTION 62
A company’s main product has not been selling as well as in the past. A manager is tasked with understanding the decreased sales and decides to conduct a focus group of current customers. Is this a good strategy?

NEW QUESTION 63
Although they may vary, cash flows from financing activities in a mature company are usually:

NEW QUESTION 64
A computer software company with market power is about to release two new products. The company knows that there is high variability in consumers’ willingness to pay (WTP) for each individual product, but a customer with a low WTP for one good is likely to have a high WTPfor the other. If the marginal cost of software is $0, what pricing structure is MOST likely to maximize profits for the computer software firm?

NEW QUESTION 65
The standard deviation of a given population is 3.5 with a mean of 26. Assuming the population follows a normal distribution, approximately what percentage of the population will fall between 15.5 and 36.5?

NEW QUESTION 66
A music executive is trying to determine the effect that advertising expenditures (in dollars) have on digital music sales. After gathering sales data from the previous 12 quarters, the executive finds the effect that advertising expenditures have on digital music sales can be described by the following equation:
Digital music sales = 9,500 + 0.15*(advertising expenditures)
Based on this equation, which of the statements below is correct?

NEW QUESTION 67
An on-demand taxi service guarantees that it can provide a taxi in five minutes or less. If the service has a fixed number of taxis, how can it most cheaply guarantee “five minutes or less” during busy periods?