1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lelu [443]
2 years ago
11

question 3 fill in the blank: data involves creating new ways of modeling and understanding the unknown by using raw data.

Business
1 answer:
faltersainse [42]2 years ago
8 0

Data analysis involves creating new ways of modeling and understanding the unknown by using raw data.  

Working with data to extract relevant information that may be used to guide decisions is known as data analysis.

   What is data analysis?

  • Data analysis tools are software and programmers that gather and analyze data about a company, its clients, and its competitors in order to streamline operations and help decipher patterns so that decisions may be made using the data.
  • The process of inspecting, purifying, manipulating, and modelling data in order to find relevant information, support inferences, and help decision-making.
  • Data analysis is utilized in several fields of business, science, and social science and has many dimensions and methodologies.
  • It includes various techniques and goes by many different names. Data analysis contributes to more scientific decision-making and more efficient business operations in the modern business world.

To learn more about data analysis visit:brainly.com/question/18169335

#SPJ4

You might be interested in
A commercial bank buys a $50,000 government security from a securities dealer. the bank pays the dealer by increasing the dealer
stealth61 [152]

Answer:

Increased by $50,000

Explanation:

When the Federal Reserve or a any private bank buys government securities from another private company or investor, they "create" money in the same way as a loan creates money.

Therefore, when the commercial bank bought government securities worth $50,000 from a private securities dealer, the money supply increased by $50,000.

3 0
3 years ago
Gault Corporation had the following shares of stock outstanding on December 31, 2018:
Andreas93 [3]

Answer:

The total amounts payable to preferred stockholders and common stockholders, respectively, are: $480,000 and $320,000.

Explanation:

Cumulative preferred stock has the dominant right over common stocks in term of receiving cash dividend.

The dividend paid to preferred stock per year is: 100 x 20,000 x 8% = $160,000 and the company owed investor 03 years of dividend ( 2016,2017,2018) with the dividend payable amounted to 160,000 x 3 = $480,000.

The dividend paid to common stock is the left over, after paying to preferred stock holders, which is calculated as $800,000 - $480,000 = $320,000.

So, The total amounts payable to preferred stockholders and common stockholders, respectively, are: $480,000 and $320,000.

5 0
3 years ago
An economy is employing 2 units of capital, 5 units of raw materials, and 8 units of labour to produce its total output of 640 u
mart [117]

Answer:

Explanation:

1. To find the cost per unit of production, first we find the total cost. So we multiply the unit of each factor used times its cost.

capital: 2*$10=$20

raw materials: 5*$4=$20

labour: 8*$3=$24

Total cost: $20+$20+$24=$64

Then we divide the total cost over the total units produced:

Cost per unit: $64/640=$0,1 Answer is B

2. If the cost per unit of raw materials increases from $4 to 8$. Then the total cost of production will be:

capital: 2*$10=$20

raw materials: 5*$8=$40

labour: 8*$3=$24

Total cost: $20+$40+$24=$84

To find how much the cost per unit will rise, to find how much it rises

64$→100%

$84←x

x=($84*100%)/$64=131.2%

131.2%-100=31.2%. The answer is B

3. Because there is a change in raw materials, then there would be changes in the supply demand.  In this case, the total cost and the cost per unit increased, then it is a negative shock to the supply demand. This is represented as a shift to the left. The answer is D

4 0
4 years ago
Suppose labor productivity differences are the only determinants of comparative advantage, and Brazil and Chile both produce onl
o-na [289]

Answer:

The correct answer is letter "A": Brazil only.

Explanation:

Comparative advantage is the ability of an organization or individual to produce at lower opportunity costs. This is achieved by introducing efficient productivity strategies or achieving economies of scale.

For the case given, the comparative advantage of Brazil and Chile is based on labor productivity only. Then:

  • <em>The comparative advantage of Chile on sugar</em> = \frac{2 units of sugar}{5 units of coffee} = 0.4
  • <em>The comparative advantage of Brazil on sugar </em>= \frac{1 unit of sugar}{2 units of coffee} = 0.5

Thus, <em>Brazil has a comparative advantage over Chile on sugar.</em>

4 0
3 years ago
Please subscribe to my mom channel please
garri49 [273]

Answer:

ok broooooòoooooooooiiiiiiiiiiiiiiiiiiiii

7 0
3 years ago
Read 2 more answers
Other questions:
  • Alatan owns a building supply store in Russ County. His trade extends throughout River City, the largest city in Russ County, bu
    5·1 answer
  • A company has an investment project that would cost $10 million today and yield a payoff of $15 million in 4 years.
    12·1 answer
  • Hagos Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.84 direct labor-
    15·1 answer
  • On Jan 1,2016, the Allegheny corporation purchased machinery for115,000$. The estimated service life of the machinery is 10 year
    5·1 answer
  • Which of the following methodologies takes the list of desired customer attributes (CAs) generated by market research and turns
    7·1 answer
  • Which is a quality of an effective reward incentive?
    12·2 answers
  • Laila created a new piece of workout gear. She's calling it the Toned Tushie. Although she couldn't initially find potential inv
    13·2 answers
  • Amos, Inc. uses a standard cost system with the following labor standards for one unit of product: standard hours 0.2 and standa
    13·1 answer
  • How could the adoption of blockchain within a supply chain help the world become more sustainable and, in some cases, eco-friend
    14·1 answer
  • When a sales job is being filled by an untrained individual, the job specifications list will most likely include ________ as a
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!