ETS MFT Business Exam Version 1 Newest 2025/ 2026
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What is the measure that indicates how precise a
prediction of Y is based on X or, conversely, how
inaccurate the prediction might be?
a) Regression equation
b) Slope of the line
c) Standard error of estimate
d) Least squares principle - ANSWER-C
An example of an unfair trade practice is:
a) EU Government policy prohibiting imports of U.S. Beef
b) EU prohibitions of Latin American bananas
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c) US tariffs on European steel
d) All of the above - ANSWER-D
The channels of distribution create all of the following
utilities EXCEPT
a) time
b) place
c) form
d) possession - ANSWER-C
Routine physical examinations are conducted annually as
part of a health service program for the employees. It was
discovered that 8% of the employees needed corrective
shoes, 15% needed major dental work and 3% needed
both corrective shoes and major dental work. What is the
probability that an employee selected at random will need
either corrective shoes or major dental work?
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a) 0.20
b) 0.25
c) 0.50
d) 1.00
e) None of the above - ANSWER-A
Sessler Manufacturers made two announcements
concerning its common stock today. First, the company
announced that the next annual dividend will be $1.75 a
share. Secondly, all dividends after that will decrease by
1.5 percent annually. What is the maximum amount you
should pay to purchase a share of this stock today if you
require a 14 percent rate of return?
a) $11.29
b) $12.64
c) $13.27
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d) $14.00
e) $14.21 - ANSWER-A
In ___________, provincial governments play a
substantial role in trade and investment regulation
a) China
b) Norway
c) Indonesia
d) Canada - ANSWER-D
The two international treaties that govern patent protection
are
a) Paris Convention and Patent Cooperation Treaty
b) International Patent Patrol and Patent Treaty