Dummy or indicator variables typically are values of zero or one and are used to model the effects of different levels of qualitative variables. A qualitative variable, also referred to as a category variable, is a non-numerical variable. It describes information that can be categorized.
Examples include: Eye color (variables include: blue, green, brown, hazel). Qualitative variables, also referred to as category variables, are variables without a built-in notion of hierarchy. As a result, they are quantified using a numerical scale. A qualitative variable is, for example, hair color (Black, Brown, Gray, Red, Yellow). Numerical variables are the subject of quantitative data.
To learn more about qualitative variables, click here.
brainly.com/question/1978633
#SPJ4
Answer:
12j123j2 23j12n3jn2m3i 1j3n2ij3 1
Explanation:
213gh12oi 4n1j4noi4 12im4
Jean is a seller in Vernon smith's classroom experiment of the market model. She knows her own willingness to sell.
Not every salesperson is made the same. While others struggle to meet their quota, some surpass expectations while maximizing cross-sells, up-sells, and repeat business. The distinction between a good and a lousy salesperson typically boils down to particular personality attributes.
A good salesperson and a lousy salesperson are ultimately distinguished by their conduct. For instance, a poor salesperson will frequently impose their agenda on the prospect rather than learn about their requirements and goals in order to successfully assist them in solving their difficulties.
You must be prepared to hear your potential client out before you can expect him to pay attention to what you have to say. Giving your prospect time to speak does not imply active listening to what they have to say.
To learn more about salespeople refer to:
brainly.com/question/378584
#SPJ4
Answer:
Check the explanation
Explanation:
In this case option A is the correct option, i.e. Carolina will accept the new cosmetic line but Sanders will reject the new cosmetic line. This is because Carolina being the president of Deed Corporation would like to take the cosmetic line differently and with the expected rate of return of 12%, i.e. higher than the minimum required rate of return of 8%.
However, Sanders has achieved a 14% rate of return from his cosmetic division thus, being the manger he would not like his performance to go down with 12% return from the new cosmetic line. Thus, option A is the correct option.
Answer:
The answer is: NO
Explanation:
In order for a contract to exist, consideration must be present. Consideration is the benefit bargained between the two parties in a contract. Consideration is considered the main reason of why a contract exists.
Consideration doesn't exist in this case, since Frank didn't exchange anything in order to get the $500. His boss offered the money for his past performance, but past consideration doesn't create a new contract. In the past he sold cellphones and his boss already paid him for doing so.
