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Andru [333]
1 year ago
14

The mechanism that filters large amounts of information about many consumers previous purchases that may be realted in some way

in order to predict consumer preferences is known as:________
Business
1 answer:
Alex17521 [72]1 year ago
6 0

Collaborative filtering is the mechanism that filters large amounts of information about many consumers previous purchases that may be realted in some way in order to predict consumer preferences.

Given that the mechanism filters large amounts of information about many consumers previous purchases that may be realted in some way in order to predict consumer preferences.

We are required to fill the blank with appropriate term which makes the sentence meaninful.

The term that can be used in the blank is collaborative filtering.

Collaborative filtering is basically a technique that can filter out items that a user might like on the basis of reactions by similar users.

Hence collaborative filtering is the mechanism that filters large amounts of information about many consumers previous purchases that may be realted in some way in order to predict consumer preferences.

Learn more about collaborative filtering at brainly.com/question/15726157

#SPJ4

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Jane is a very intelligent graduate of FIN 3601. As such, she knows she should will start contributing into her company's retire
labwork [276]

Answer:

The amount that Jane will have in her retirement account 30 years from now is $943,650.37.

Explanation:

Jane’s monthly savings = $250

Amount added monthly by Jane’s firm = Jane’s monthly savings * Amount added by Jane’s firm for every dollar = $250 * $0.50 = $125

Total monthly savings to Jane’s 401(k) = Jane’s monthly savings + Amount added monthly by Jane’s firm = $250 + 125 = $375

Since Jane decides to allocate $250 at the end of each month into her 401(k), this implies the relevant formula to use to calculate the amount Jane will have in her retirement account 30 years from now is the formula for calculating the Future Value (FV) of an Ordinary Annuity as follows:

FV = M * (((1 + r)^n - 1) / r) ................................. (1)

Where,

FV = Future value or the amount that Jane will have in her retirement account 30 years from now = ?

M = Total monthly savings to Jane’s 401(k) = $375

r = Average monthly interest rate = Average annual interest rate / 12 = 10.50% / 12 = 0.1050 / 12 = 0.00875

n = number of months = number of years * number of months in a year = 30 * 12 = 360

Substituting the values into equation (1), we have:

FV = $375 * (((1 +0.00875r)^360 - 1) / 0.00875) = $375 * 2,516.40 = $943,650.37

Therefore, the amount that Jane will have in her retirement account 30 years from now is $943,650.37.

5 0
3 years ago
Advice from most financial advisers states to spend no more than 28% of one's gross monthly income for one's mortgage payment, a
Lena [83]

Answer and Explanation:

The computation is shown below:

a. For the maximum amount that spend each month on mortgage payment is

= Gross annual income ÷ total number of months in a year × mortgage payment percentage

= $39,600 ÷ 12 months × 28%

= $924

b. . For the maximum amount that spend each month on total credit obligatons

= Gross annual income ÷ total number of months in a year × mortgage payment percentage

= $39,600 ÷ 12 months × 36%

= $1,188

c. Now the maximum amount spend for all other debt is

For monthly mortgage

= $924 × 70%

= $646.8

And, for mortgage debt

= $1,188 × 70%

= $831.60

4 0
3 years ago
Valerie has a summer job hand-dying shirts that will be sold on the boardwalk. she is paid $3.50 per shirt. this is an example o
lyudmila [28]

Answer: pay for performance

                                                                 

Explanation: In simple words, it refers to the concept under which an organisation tries to motivate its employees to work more by  offering them incentives on extra work. These incentives could be cash or related to some other service as such.

In the given case, Valerie  is earning from the summer job on the basis of production she do while on the job.

Hence the following case is an example of pay for performance.

3 0
3 years ago
Owen is a barista at a coffee shop. His manager has noticed that he has been showing up late for work, getting coffee orders wro
Dahasolnce [82]

Answer:

The correct way to act is to talk to the person and try to help him to resolve the problems, in the case he can not, then look for other actions. This process of talking and being comprehensive with the person gives a very good image of the company in the eyes of the other workers and the press.

Explanation:

To begin with, the proper action that the manager should take is to talk to Owen and nicely tell him about the situation that the manager noticed and ask him if there is a problem that could be fixed or if the manager could give him help in any way in order to let Owen do his job properly again as before. Moreover, if Owen states the problem then the next step will be to seek for posible solution to those problems, as well as given the employee encouragement and calmness regarding the fact that the company understands and wants Owen to resolve his problem so he can work correctly again. Finally, once done that, the final step will be to control the employee afterwards to see if he works normaly again and take new actions in the case that he is not.

8 0
3 years ago
Pat's Custom Tuxedo Shop maintains its records on the cash basis. During this past year Pat's collected $42,900 in tailoring fee
iris [78.8K]

Answer:

$31,350

Explanation:

Calculation for Pat's accrual-basis net income

Cash receipts$42,900

Less Cash disbursements(12,800)

Cash basis net income 30,100

Less depreciation expense(1,900)

Add increase in accounts receivable1,200

Add increase in supplies 3,600

Less increase in accrued liabilities(1,650)

Accrual-basis net income$31,350

7 0
3 years ago
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