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kherson [118]
3 years ago
12

The managers at Harris Pizza in Boston have tracked the tips received by their drivers along with the total bill to the customer

. An appropriate chart for visualizing these data is ______.
Business
1 answer:
Marina86 [1]3 years ago
3 0

Answer:

Scatter Diagram.

Explanation:

Scatter Diagrams are convenient mathematical tools to study the correlation between two random variables. As the name suggests, they are a form of a sheet of paper upon which the data points corresponding to the variables of interest, are scattered.

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Suppose nominal GDP in the base year was $380 million. Five years later, nominal GDP was $480 billion and the GDP price index wa
Ostrovityanka [42]

Answer: increased by $20 billion

Explanation:

Real GDP is year of interest is:

= (Nominal GDP in year of interest/ GDP Price index in year of interest) * 100

= 480/120 * 100

= $400 billion

Nominal GDP is equal to Real GDP in base year so increase in real GDP is:

= 400 - 380

= $20 billion

6 0
3 years ago
While it sounds reasonable that companies should focus on making the products it knows how to make really well, one downside of
borishaifa [10]

Answer:

Customer may not want the product which the company is making well.

Explanation:

It is not necessary that market needs those products which the company is producing perfectly. It cannot enter into product differentiation and cannot meet customer demands and needs of specific or altered products. The company can achieve specialization and can be a niche player in the market but also on the other hand company’s business is limited to only few products at which it is perfect. It cannot allow customization to its products.

6 0
3 years ago
Although appealing to more refined tastes, art as a collectible has not always performed so profitably. Assume that in 2015, an
xenn [34]

Answer:

-3.41%

Explanation:

The computation of the annual rate of return is shown below;

We use the formula:

Future value = Present value × (1 + rate of interest)^number of years  

$10,710,500 = $12,738,500 × (1 + rate of interest)^5

($10,710,500 ÷ $12,738,500)^(1 ÷ 5) = (1 + rate of interest)

(1 + rate of interest) = 0.965913622

r = (0.965913622 - 1) × 100

= -3.41%

3 0
3 years ago
Refer to the following transactions.
Mashutka [201]

Answer:

1 a) + asset , + preferred stock

b) + asset , + preferred stock

c) + assets , + stockholder's equity

d) - and + Asset

e) + -Asset

f) - Equity , + liability

g) - Equity , - Asset

journal entry

a) Debit bank 700000 Credit Preferred stock 700000

b) debit land 420000 , credit preferred stock 420000

c) debit bank 768000 credit stockholder's equity 768000

d) Debit investment 270000 credit bank 270000

e) Debit bank 189000 , credit investment 189000

f) Debit dividend 19600 credit shareholders for dividends 19600

g) debit dividends 96000  credit bank 96000

Explanation:

dividends preferred = 7000 + 4200 = 11200 * 1 . 75 = 19600

dividends common stock = 48000 * 25 * 8 % = 96000

8 0
3 years ago
The application of quantitative techniques, such as statistics and computer simulations, to management is called _____ managemen
Dafna11 [192]

Answer:

quantitative management

Explanation:

Quantitative management -

It is the method by which mathematical and computer technologies are taken into consideration , in order to filter out the financial statistics to select the stocks , is referred to as quantitative management.

The model is very basic to use as once it is established can be used easily.

Hence, from the given statement of the question ,

The correct term is quantitative management.

5 0
4 years ago
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