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1 year ago

In general, a larger R-squared tends to suggest that

Business

2 answers:

VARVARA [1.3K]1 year ago

7 0

Answer:

the answer for what A larger R-squared suggests is option A) the estimated sample regression function explains a greater percentage of the explained variation in y.

Explanation:

R-squared is the coefficient of determination. It is the statistical standard that shows how close the data are to the regression line.

It analyses the relationship between two variables and the scores could suggest a low R-squared value or a larger R-squared value.

70 percent is the bar line. below 70% is slow and above 70% is high.

Therefore a larger R-squared suggests that the estimated sample regression function explains a greater percentage of the total variation in Y.

Scilla [17]1 year ago

5 0

Answer:

d. the estimated slope coefficient is more likely to equal the population slope coefficient.

Explanation:

R squared is a statistical measure that measures the closliness of data from regression line. in general a large r squared tends to suggest that the estimated slope coefficient is more likely to equal the population slope coefficient.

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Chris was the business manager for a real estate firm earning an annual salary of $40,000. Then Chris decided to become a consul

Reptile [31]

Answer:

The answer is: $40,000

Explanation:

Chris's opportunity cost of working as a consultant instead of working as a business manager (her old job) is $40,000. So in order for Chris to earn normal profit, the difference between his revenue and his combined explicit (e.g. rent, assistant's salary) and implicit costs (opportunity cost) is zero.

7 0

2 years ago

Globalization has been driven by five major factors: political, technological, market, cost, and competitive. Business has fuele

maria [59]

Answer:

Competitive Drivers 

Description

Explosive growth in international business

Implication for Business

Intense competition in world markets

Globalization has led to an explosive growth in international.business which has led to increased competition amongst companies because they now have to compete on a global scale against numerous companies in various locales.

Political Drivers 

Description

Preferential trading arrangements and privatization of industries

Implications for Business

Increased opportunities for trade and investment

Some Countries offer great trading agreements this enabling companies to trade in other countries. This opportunity means that there are increased opportunities for trade by companies in the countries involved in the agreement.

Cost Drivers

Description

Exporting or producing Overseas

Implications for Business

Lower Cost of Goods sold

Globalization has enabled companies to be able to produce in cheaper markets for labor such as in Asia and Africa. This has led to a lower cost of goods sold and therefore higher profits.

Technological Drivers 

Description

Explosive growth of high-power, low-cost computing

Implications for Business

Growth in Services.

Driving Globalization is an increased use of technology by human beings. The world is now connected by mere seconds which has enabled companies to derived clients all over the world this enabling them to offer more services.

Market Drivers

Description

Emergence of Global Customers

Implications for Business

New Opportunities and New Markets.

Another factor driving Globalization is the availability of new markets to sell their goods in in different territories. Companies can therefore have an increased demand base which will mean more Profitability.

5 0

2 years ago

During 2022, Splish Brothers Inc. had $156000 in cash sales and $1224000 in credit sales. The accounts receivable balances were

Anika [276]

Answer:

Total Cash collected from all customers during 2022 is $1,341,600

Explanation:

Items Amount

Credit sales $1,224,000

Add: Accounts Receivable Dec 31,2021 $216,000

Less: Accounts Receivable Dec 31,2022 ($254,400)

Cash collected from credit sales $1,185,600

Cash sales $156,000

Cash collected from credit sales $1,185,600

Total Cash collected from all customers $1,341,600

3 0

2 years ago

You are planning for retirement 33 years from now. You plan to invest $3,500 per year for the first 6 years, $8,800 per year for

lianna [129]

Answer:

Total FV= $3,433,859.29

Explanation:

First, we will calculate the future value of each equal annual deposit. Then, the ending value in 33 years of investment as a whole.

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV1= {3,500*[(1.137^6) - 1]} / 0.137= $29,648.89

FV2= {8,800*[(1.137^11) - 1]} /0.137= $199,476.80

FV3= {14,400*[(1.137^16) - 1]} /0.137= $714,882.03

Now, the total future value:

FV= PV*(1+i)^n

FV1= 29,648.89*(1.137^27)= 949,600.61

FV2= 199,476.80*(1.137^17)= 1,769,376.65

FV3= 714,882.03

Total FV= $3,433,859.29

8 0

1 year ago

Leon Georges works in the warehouse for a manufacturer of air-purification systems. He is responsible for the transportation of

Volgvan

Answer:

3. Distribution

Explanation:

Distribution refers to making a product available to customers for purchase by transferring it from the source of manufacture to the retailers. Distribution is one of the essential components of marketing mix.

Channels to distribution are whole sellers, retailers, brokers and middlemen, and direct sales. Distribution entails all activities relating to supply of finished products to customers.

In the given case, Leon's work involves transportation of metal components as well as efficient movement of the finished systems from manufacturing unit to the warehouses and subsequently to distribution trucks. These represent activities of distribution.

7 0

1 year ago