All categories

2 years ago

Consider the following data for two variables, x and y.

Business

1 answer:

Firdavs [7]2 years ago

5 0

There appear to be an influential observations in these data as the mean of the leverage value is 0.75.

<h3>How to calculate the mean?</h3>

From the data points given, the influential observation is observation 8. Here, the mean of the leverage value will be:

= 3 × 0.25 = 0.75

Also, the scatter diagram indicates influential observations as it's extreme to the x values.

Learn more about mean on:

brainly.com/question/447169

You might be interested in

Why is the safety of principal the primary consideration in a savings plan?

gulaghasi [49]

Answer:

In simple words, When it comes to conserving money, the most crucial factor to remember is the protection principle. When you save enough money beyond what you'll need for short-term objectives and emergencies, you'll have money to invest. Professionals advise saving one to two years' worth of account value in a contingency savings.

Thus, protecting principal is the core focus of the managers in savings plan.

3 0

3 years ago

The Meyers CPA firm has the following overhead budget for the year: Overhead Indirect materials $ 370,000 Indirect labor 1,705,0

Veseljchak [2.6K]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Total manufacturing overhead= $ 2,986,000

The firm estimates total direct labor cost for the year to be $1,866,250.

The firm uses direct labor cost as the cost driver to apply overhead to clients.

1) Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base= 2986000/1866250= $1.6 per direct labor $

2) the firm worked for many clients; data for two of them follow: Gargus account Direct labor $ 3,200

Feller account Direct labor $ 9,200

Allocated MOH= Actual amount of allocation base*Estimated manufacturing overhead rate

Gargus overhead= 3200*1.6= 5120

Feller= 9200*1.6= 14720

3) Total cost Gargus= 3200 + 5120= $8,320

TC Feller= 14720 + 9200= $23,920

4 0

3 years ago

Suppose that a country’s annual growth rates over a 10-year period are as follows: Year Growth Rate 1 5% 2 3 3 4 4 – 1 5 – 2 6 2

mamaluj [8]

Answer:

a. 2.7%

b. From 6 to 9 years

Explanation:

a. The country’s trend rate of growth over this period is computed below:

= Total of growth rate ÷ time period

where,

Total of growth rate is

= 5% + 3% + 4% -1% -2% +2% + 3% + 4% + 6% + 3%

= 27%

And, the time period is 10 years

So, the trend growth rate is

= 27% ÷ 10 years

= 2.7%

b. The expansionary phase of the business cycle is from 6 years to 9 years as the growth rate is increased over this time period plus the growth rate is positive

3 0

3 years ago

The objectives of labor unions frequently shift with social and economic trends. In the 1970s, the primary objective was additio

vovikov84 [41]

Answer:

The provision passed by the new state giving Edward the choice is called:

a. Open shop agreement.

Explanation:

The open shop agreement allows Edward but does not oblige him to be a union member before he can be hired in the new state. This means that the choice to belong to a union should be made by Edward and not his employer. It is not like a closed shop agreement, where Edward must be required to be a union member to be employed.

5 0

2 years ago

Which of the four major categories of quality costs is particularly hard to quantify?

zimovet [89]

Answer: External failure costs is one of the four major categories of quality costs that is particularly hard to quantify.

Explanation: Quality costs are costs that are associated with giving poor products or services. Since external failures are always changing and hard to clearly identify, it makes them harder to quantify as well.

6 0

3 years ago