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Iteru [2.4K]
2 years ago
5

An online investment blogger advises investing in mutual funds that have performed badly the past year because 'regression to th

e mean tells us that they will do well next year.'
Is he correct?
Business
1 answer:
Kipish [7]2 years ago
7 0

Answer:

The correct answer is: No, he is not correct.

Explanation:

Regression to the mean is a statistical phrase that tries to explains that is something happened at the first attempt, it is likely to happen again at a second attempt and if it happens at the second attempt it is because it almost happened at the first attempt.

Then, following the concept of regression to the mean,<em> if a mutual fund performed badly on the last period, it is likely to perform even worse in the current period</em>. Thus, the online investment blogger is wrong.

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Which of the following is a fundamental goal of CRM systems? a. To produce and deliver a product or service at the time the cust
frutty [35]

Answer:

The correct answer is letter "C": To manage and track customer interactions.

Explanation:

Customer Relationship Management (CRM) is a managerial approach that uses Information Technology (IT) to store, analyze, and use customer information to find out trends in consumption and generate a better relationship with clients. CRM is a key component in the pursuit of engaging customers with a brand that allows corporations to maintain steady sales levels or increase it.

CRM allows sharing and maximizing the knowledge of clients to understand their needs and anticipate them.

5 0
2 years ago
The Green Carpet has current liabilities of $72,100 and accounts receivable of $107,800. The firm has total assets of $443,500 a
quester [9]

Answer:

The answer is: $47,700

Explanation:

To determine net working capital we use the following formula:

Net working capital = total current assets - total current liabilities

  • Current assets: assets that can be converted to cash within a on year period (e.g. cash, account receivables, inventory, etc.)
  • Current liabilities: debts that should be paid within a one year period (e.g. accounts payable, wages, taxes, etc.)

Net working capital = $119,800 (current assets = total assets - net fixed assets) - $72,100 (current liabilities)

Net working capital = $47,700

6 0
2 years ago
Lassen Corporation sold a machine to a machine dealer for $24,000. Lassen bought the machine for $52,000 and has claimed $20,500
tangare [24]

Answer:

Gain/loss= $7,500 loss

Explanation:

Giving the following information:

Selling price= $24,000.

Lassen bought the machine for $52,000 and has claimed $20,500 of depreciation expense on the machine

First, we need to calculate the book value:

Book value= original price - accumulated depreciation

Book value= 52,000 - 20,500= $31,500

If the selling price is higher than the book value, the company gain from the sale.

Gain/loss= 24,000 - 31,500= $7,500 loss

8 0
2 years ago
​Moe's Pizza Shop sells a large pizza for​ $12.00. Unit variable expenses total​ $8.00. The breakeven sales in units is​ 7,000 a
spayn [35]

Answer:

$12,000

Explanation:

Margin of safety = Current sales level - Break even point

=(8,000 ×12) - (7,000 × 12)

= 96,000 - 84,000

= $12,000

7 0
2 years ago
A 480 item pencil and paper standardized test of 20 personality dimensions used in selecting managers, sales associates and lead
11111nata11111 [884]

Answer:

Hogan Personality Inventory

Explanation:

The Hogan Personality Inventory (HPI) is commonly used to predict job performance by measuring normal personality dimensions. It is specially used to measure certain specific traits and abilities: leadership and planning. It is based on the Five-Factor Model and was specifically developed for working adults in the business industry.  

It is part of the Hogan Assessment tests used to predict job performance.

6 0
2 years ago
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