Answer:
A. There is a moderately good fit between the regression line and the individual data points on the scatterplot.
Explanation:
A -.5 correlation coefficient indicates a moderate negative correlation, which means that as the x variable increases in value, the y value decreases in value, but only in around half of the situations.
In a scatter plot, this will look like a small cloud of data points that fit more or less well around the regression line. The regression line slopes downward because the variables are inversely proportional (hence the negative coefficient).
Answer:
The GDP will increase by $2,000 as a result of these transactions
Explanation:
When trying to calculate the increase in GDP caused by a series of transactions, we do not add all the transactions, instead we look at the price of the final good and that is the increase in GDP. In this case the final good is the necklace that the store department sells for $2,000 therefore we will only consider the final transaction. So the GDP will increase by $2,000 as a result of this series of transactions because the final good sold for $2,000.
Answer:
Financial advisor.
Explanation:
A financial advisor is an investment advisor at your local bank branch office. They are licensed professionals with the ultimate responsibility of providing financial guidance or expert advice around investments, tax planning etc for customers in a financial institution.
Answer:
S/n Account Title and Explanation Debit Credit
a. Bad Debt Expense $5,460
($182,000 sales x 3%)
Allowance for Doubtful Accounts $5,460
(To record bad debt expense)
b. Bad Debt Expense $5,460
($182,000 sales x 3%)
Allowance for Doubtful Accounts $5,460
(To record bad debt expense)
Answer:
team
Explanation:
Using a <em>team </em>of employees for tasks that are cross-department based is a better solution than letting each individual work on a task and just ask other departments for reference and help if needed. When working on important projects such as this one, the most efficient way is to put employees from the tackled departments into one team. This way, communication and collaboration is vastly improved.
