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BlackZzzverrR [31]
2 years ago
14

A researcher in Alaska measured the age (in months) and the weight (in pounds) of a random sample of adolescent moose. When the

least-squares regression analysis was performed, the correlation was 0.59. Which of the following is the correct way to label the correlation?
a. 0.59 months per pound
b. 0.59 pounds per month
c. 0.59
d. 0.59 months times pounds
e. 0.59 month pounds
Business
1 answer:
FinnZ [79.3K]2 years ago
7 0

Answer:

c. 0.59

Explanation:

Correlation co-efficient  refers to a statistical measure that computes the strength of a relationship between two variables. It does not have a unit like meter per second or months per pound. A correlation co-efficient of 1 means that there is a strong and positive relationship or direct relationship, while a negative correlation means an inverse relationship.

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Sage Corporation manufactures two products with the following characteristics. Unit Contribution Margin Machine Hours Required f
gizmo_the_mogwai [7]

Answer:

It should prioritize Product 2 as his contribution per machine hour is greater.

Explanation:

\left[\begin{array}{ccc}$Concept&$Product 1&$Product 2\\$CM&44.25&35.5\\$Constrain resource&0.15&0.1\\$CM per MH&295&355\\\end{array}\right]

We will divide the contribution per unit over the amount of machine hours used to produced.

This will provide us by the contribution per Machine Hour

As Product 2 has a higher contribution per machine hoursi s better to produced with preference over Product 1

8 0
2 years ago
A company has a $20 million portfolio with a beta of 1.2. It would like to use futures contracts on a stock index to hedge its r
11111nata11111 [884]

Answer: 88.89 or 89

Explanation: Futures contract refers to a legal binding which obligates a buyer and seller to transact about a commodity, good, security or services at a predetermined price but goods are delivered or paid for in the future.

Given the following ;

Portfolio value(p) = $20million

Portfolio Beta (b) = 1.2

Index price (i) = 1080

Multiplier = 250

Future value(A) = index price × multiplier

Future value(A) = 1080 × 250 = 270000

Number of contracts (N) = (portfolio value × portfolio Beta) ÷ future value

N = ($20,000,000×1.2)÷270000

N = 24000000 ÷×270000

N = 88.8888=88.89

N = 89 (NEAREST whole number)

7 0
2 years ago
Your company works with freelance writers, and Jake, your colleague, is responsible for processing the freelancers' invoices. La
trapecia [35]

Answer:

The sentence uses an active voice

In this case active voice is not appropriate

Explanation:

Mode of expression can be passive or active.

Passive voice is one that emphasises the subject or person that is receiving an action.

An active voice describes a person that is performing an action.

In this scenario Jake accidentally input $560 instead of $650 on one of the invoices. The writer hasn't contacted you about the error yet.

So the email sent should just focus on what has happened to the writer and also to proffer a solution to the problem.

Since the writer did not complain or request for information on who made the mistake, stating that it was Jake that made the error is inappropriate.

A better statement would have been - An error was made on your invoice where the figure was inputted as $560 instead of $650. This however has been rectified and the invoice forwarded to you.

4 0
2 years ago
____ is the price a firm paid to acquire an asset.
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B. Market Value
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8 0
2 years ago
Tracing the path of the organizational chart of a company that shows who answers to whom is said to be following the _______ cha
Zinaida [17]
The answer is formal. hope that helped
4 0
2 years ago
Read 2 more answers
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