Indicate whether each phrase is more descriptive of financial accounting or managerial accounting.

(a) May be subjective

Financial accounting

Managerial accounting

(b) Often used to obtain financing

Financial accounting

Managerial accounting

(c) Typically prepared quarterly or annually

Financial accounting

Managerial accounting

(d) May measure time or customer satisfaction

Financial accounting

Managerial accounting

(e) Future oriented

Financial accounting

Managerial accounting

(f) Has a greater emphasis on cost-benefit analysis

Financial accounting

Managerial accounting

(g) Keeps records of assets and liabilities

Financial accounting

Managerial accounting

(h) Highly aggregated statements

Financial accounting

Managerial accounting

(i) Must conform to external standards

Financial accounting

Managerial accounting

(j) Special-purpose reports

Financial accounting

Managerial accounting

(k) Decision-making tool

Financial accounting

Managerial accounting

(l) Income statement, balance sheet, and statement of cash flows

Financial accounting

Managerial accounting

14.bivariate distributions 1: Problem 1 ite ons Previous Problem Problem List Next Problem (1 point) igs The bivariate distribution of X and Y is described below: X Y 1 2 ms 1 0.25 0.47 2 0.1 0.18 1 1 A. Find the marginal probability distribution of X. n 2 n 3 m 4 2 B. Find the marginal probability distribution of Y. C. Compute the mean and variance of X. Mean = Variance - C. Compute the mean and variance of Y. Mean = Variance . Note: You can earn partial credit on this problem. Proview My Answers Submit Answers You have attempted this problem 0 times You have unlimited attempts remaining.2) Bivariate data analysis The scatterplot below shows the relative deviation of the surface tempera- ture on earth measured in the Northern Hemisphere in dependence of the amount of carbon dioxide (CO2) in the atmosphere. The table displays 7 values that were taken out of the plotted data. CO2 in ppm rel.temp in C 321.38 -0.04 330.18 -0.14 310 win COyin ppm 341.45 0.07 Fid temperature daviation inc Hel. temperature deviationin 354.39 0.65 366.70 0.99 381.90 1.02 398.65 1.13 310 360 10 COjim ppm a) Make a scatterplot of the two data sets shown in the table in the empty coordinate system above. Is it reasonable to take this set for investigating the association of the measured data sets? b) Determine the mean values of the two sets. c) Determine the standard deviations of the two sets. d) Determine the covariance and the correlation coefficent. e) Determine the equation of the linear regression line. f) What are the meanings of intercept and slope? g) Make a quantitative assessment of the quality of your fit