Easily To Pass New HBX CORe Dumps with 265 Questions
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What is the duration, language, and format of the HBX CORe Exam
Length of Examination: 120 minutes
Number of Questions: 60
Type of Questions: Single and Multiple Choice.
Language: English
Passing score: 70%
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NEW QUESTION 151
In the figure below, what do the two red lines represent?
- A. The residual sum of squares
- B. The total sum of squares
- C. A prediction interval
- D. A point forecast
Answer: C
NEW QUESTION 152
A ski coach is interested in estimating the 68% confidence interval around the mean time (in seconds) of all the gold medal winners in Olympic downhill skiing. The coach collects the data, presented below, for all of the winners from 1948 to 2014. The mean of the sample is 122.5 seconds, with a standard deviation of 23 seconds. Which Excel function below is the BEST option for determining the 68% confidence interval?
Please note that the Excel functions for confidence intervals are =CONFIDENCE.NORM(alpha, standard_dev, size) and =CONFIDENCE.T(alpha, standard_dev, size).
- A. = 122.5 +- CONFIDENCE.NORM(0.68,23,18)
- B. = 122.5 +- CONFIDENCE.T(0.32,23,18)
- C. = 122.5 +- CONFIDENCE.T(0.68,23,18)
- D. = 122.5 +- CONFIDENCE.NORM(0.32,23,18)
Answer: B
NEW QUESTION 153
A company that does business in two neighboring countries is considering setting different prices for its product in each market. Which of the following factors should it NOT consider when trying to predict whether this pricing structure will be effective?
- A. Whether the product can be ordered online
- B. Whether the product is available in digital form
- C. Whether customers' willingness to pay is correlated with geography
- D. Whether there are tax holidays in the two countries
Answer: D
NEW QUESTION 154
A nutritional study is released that touts the benefits of eating cereal for breakfast. Concurrently, a new type of grain is invented that reduces the input costs in producing cereal. What will happen to the equilibrium price and the quantity consumed of bananas, a complement to breakfast cereal?
- A. The quantity consumed of bananas will increase, and the effect on price cannot be determined.
- B. The price of bananas will increase, and the quantity consumed will decrease.
- C. The price and quantity consumed of bananas will not change.
- D. Both the price of bananas and the quantity consumed will decrease.
Answer: A
NEW QUESTION 155
Based on the histogram below, order the mean, median, and mode of the data from smallest to largest.
- A. Mode, Median, Mean
- B. Mean, Mode, Median
- C. Mode, Mean, Median
- D. Median, Mode, Mean
Answer: A
NEW QUESTION 156
A company's Balance Sheet for the year ended Dec. 31, 2013 is as follows:
(In millions)
The company is MOST likely in which of the following industries?
- A. Pharmaceutical
- B. Retailing
- C. Commercial banking
- D. Civil aviation
Answer: B
NEW QUESTION 157
A student suspects that this January has been much colder than in years past. The student decides to test this belief by looking at the daily mean temperatures for that month. The historical mean daily temperature for January was 29(O)F. The student's data show that the average daily mean temperature for this January was 27(O)F. Based on the student's theory and the information above, what is the correct alternative hypothesis?
- A. HA. u>27
- B. H u>29
- C. HA. u<29
- D. HA. u<27
Answer: C
NEW QUESTION 158
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?
- A. Each additional $1.00 spent on advertising increases digital music sales by $0.15 on average.
- B. Each additional $1,000 spent on advertising increases digital music sales by $0.15 on average.
- C. Each additional $0.15 spent on advertising increases digital music sales by $1.00 on average.
- D. Each additional $1.00 spent on advertising increases digital music sales by 9,500 units on average.
Answer: A
NEW QUESTION 159
A city concerned about its youth unemployment rate decided to offer a new vocational training program in the hopes of decreasing youth unemployment. Before the program began, the youth unemployment rate was 18%. Four years after the program began, the rate had fallen to 14%.
What is the correct null and alternative hypothesis pair for this situation?
- A. Ho: <18% HA. 18%
- B. Ho: 14% HA. <14%
- C. Ho: <14% H 14%
- D. Ho: 18% HA. <18%
Answer: D
NEW QUESTION 160
Which of the following items would be considered a relevant cash flow for capital budgeting purposes?
- A. Research expenses incurred during the previous three years
- B. Intangible and qualitative factors
- C. Fixed operating expenses that will be incurred no matter which alternative is chosen
- D. Incremental investment in working capital as the sales revenue increases
Answer: D
NEW QUESTION 161
Company B sold a service contract that covers a two-year period for $10,000. The service period commenced on July 1, Year 1. Service revenue is recognized evenly throughout the contract period. What amount should Company B report as deferred revenue from this service contract on its balance sheet on December 31, Year 1?
- A. $5,000
- B. $2,500
- C. $7,500
- D. $10,000
Answer: C
NEW QUESTION 162
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?
- A. Sell each product for a minimal price, since the marginal costs of software are extremely low
- B. Sell the products together as a bundle
- C. Sell the products at a high price but offer a discount to students
- D. Sell each product at consumers' average willingness to pay
Answer: B
NEW QUESTION 163
A dance club earns revenues by charging an entry fee and then selling drinks to attendees. This pricing scheme is MOST similar to:
- A. A movie theater providing a discount to college students.
- B. Selling a computer and word processing software as a package.
- C. A grocery store that is open only to paying members.
- D. Offering a rebate on a new television.
Answer: C
NEW QUESTION 164 
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?
- A. An increase in winning percentage of 0.03
- B. An increase in winning percentage of 0.50
- C. A decrease in winning percentage of 0.03
- D. A decrease in winning percentage of 0.50
Answer: C
NEW QUESTION 165
During a prolonged recession, a hotel chain sees reservations at one of its locations decline by five percent. The chain soon decides to close that location. Why would a small change in capacity utilization have this effect?
- A. The consumers most affected by the recession are generally those with lower willingness to pay.
- B. Closing the location will allow the hotel chain to recover some of its sunk costs.
- C. Demand for hotel rooms in this location is extremely elastic.
- D. Fixed costs are too high for the hotel to remain profitable at this decreased quantity.
Answer: D
NEW QUESTION 166
After a new report concludes that airplane exhaust has a negative impact on the environment, a government regulation is introduced which reduces the number of flights airlines can make in a day by 10 percent. To comply with this regulation, a certain airline halves the frequency of flights on several of its routes but maintains its original fleet of airplanes. What happens to the costs for the airline?
- A. Total costs for the airline will increase.
- B. Average cost per flight will increase.
- C. Total costs will fall by 10 percent.
- D. Cost for each additional flight will increase.
Answer: B
NEW QUESTION 167
Why would an entrepreneur want to operate a mobile food truck instead of a restaurant?
- A. In the short-run restaurants make zero economic profit.
- B. A mobile food truck invites a wider variety of customers than a restaurant.
- C. A mobile food truck has lower fixed costs than a restaurant.
- D. In the long-run restaurants make zero economic profit.
Answer: C
NEW QUESTION 168
Many people argue that giving patents for medicines is unfair, because it prevents many people from accessing the products they need to live a healthy life. Why do governments allow patents for medicines?
- A. Governments hope to earn tax revenues on monopoly profits.
- B. Patents protect consumers from counterfeit medicines.
- C. Patents help promote innovation through easier recovery of fixed costs.
- D. Patents increase consumers' willingness to pay for medicines.
Answer: C
NEW QUESTION 169
Topic 1, Business Analytic
Exhibit:
Based on the scatterplot below, which of the following correlation coefficients BEST describes the relationship between undergraduate GPA and beginning annual salary?
- A. 0.2
- B. 0.9
- C. -0.2
- D. -0.9
Answer: B
NEW QUESTION 170
An individual interviews 15 people under the age of 40 and asks each for their age and salary. The resulting scatter plot is shown below.
Based on this graph, the correlation between age and salary appears to be approximately:
- A. -0.3
- B. 0.7
- C. -0.7
- D. 0.3
Answer: B
NEW QUESTION 171
With normally distributed data, approximately 95% of all observations fall within how many standard deviations from the mean?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: D
NEW QUESTION 172
In calculating cash flows, which of the following scenarios would lead to a decrease in net working capital?
- A. A decrease in current liabilities greater than a decrease in current assets
- B. An increase in current assets greater than an increase in current liabilities
- C. An increase in current liabilities greater than an increase in current assets
- D. A decrease in net operating fixed assets
Answer: C
NEW QUESTION 173
On the way to purchase a shirt, a consumer realizes that the shirt is on sale for 20 percent off its original price. What is an outcome of this scenario?
- A. The customer's willingness to pay for the shirt will fall.
- B. The customer will buy more shirts.
- C. The supplier will price the shirt below its willingness to sell.
- D. The customer will capture more value from the purchase.
Answer: D
NEW QUESTION 174
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