In simple linear regression analysis, which of the following is NOT true?
a. The F test and the t test yield the same results.
b. The F test and the t test may or may not yield the same results.
c. The relationship between x and y is represented by means of a straight line.
d. The value of F = t2.
Question 2
A firm that is presently using the Economic Order Quantity model and is planning to switch to the Economic Production Lot-Size model can expect
a. the Q to increase
b. the maximum inventory level to increase.
c. the order cycle to decrease.
d. annual holding cost to be less than annual setup cost.