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BlackZzzverrR [31]
3 years ago
14

A researcher in Alaska measured the age (in months) and the weight (in pounds) of a random sample of adolescent moose. When the

least-squares regression analysis was performed, the correlation was 0.59. Which of the following is the correct way to label the correlation?
a. 0.59 months per pound
b. 0.59 pounds per month
c. 0.59
d. 0.59 months times pounds
e. 0.59 month pounds
Business
1 answer:
FinnZ [79.3K]3 years ago
7 0

Answer:

c. 0.59

Explanation:

Correlation co-efficient  refers to a statistical measure that computes the strength of a relationship between two variables. It does not have a unit like meter per second or months per pound. A correlation co-efficient of 1 means that there is a strong and positive relationship or direct relationship, while a negative correlation means an inverse relationship.

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Answer:

d) He earned a lower interest rate than he expected

Explanation:

Data provided in the question

Invested amount ten years ago = $1,000

Expected amount = $1,800

Today amount = $1,680

Based on the above information,

Since the bond is based on the floating rate not the fixed rate that results in the value of the investment to $1,800

And, the today amount is $1,680 i.e. less than the expected amount so the internet rate should be less as compared with the expected rate

hence, correct option is d.

8 0
3 years ago
ESD wants to determine the best order size for 2x4x6 pressure treated pine lumber required for making custom cabinets. ESD's est
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Answer:

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Explanation:

The computation of the economic order quantity is shown below;

As we know that

Economic order quantity is

= √2 × √annual demand × √ordering cost ÷ √carrying cost

= (√2 × √6750 × √$225) ÷ (√4.25)

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= √7,14,705.88

= 845 units

Hence, the economic order quantity is 845 units

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3 years ago
Brief Exercise 22-07 Sunland Company classifies its selling and administrative expense budget into variable and fixed components
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Answer:

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Explanation:

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ZanzabumX [31]

Answer:

$730,000

Explanation:

In the given question, the building was purchased and it repairs also. Plus, annual taxes are applicable to the property. The current market value and the book value of the building is also given in the question

For including the amount in the initial cash flow for the building project we consider the current market value of the building i.e $730,000. No other cost should be recognized

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What are the process of microeconomics?
sammy [17]

Answer:

Microeconomics is the study of what is likely to happen (tendencies) when individuals make choices in response to changes in incentives, prices, resources, and/or methods of production. Individual actors are often grouped into microeconomic subgroups, such as buyers, sellers, and business owners.

Explanation:

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3 years ago
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