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RoseWind [281]
2 years ago
9

What is a residual explain when a residual is positive negative and zero?

Business
1 answer:
Sveta_85 [38]2 years ago
3 0
We can define residual as <span>the difference between the observed value and its associated predicted value.
we can calculate the residual value as;
</span>residual value = observed value - predicted value
When the residual value is negative it means that the observed value is less than the predicted value and when the residual value is positive it means that the observed value is greater than the predicted value. When the <span>correlation between two variables is equal to one, the value of the residuals is equal to zero and that is the ideal residual value.</span>


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Discuss the benefits of timely, appropriate, detailed information. How can a value be assigned to these characteristics?
bija089 [108]

Detailed information helps in making timely decision in an organization on what to do and how to do them.

What is information?

Information are those facts or findings about a subject that has been learned either through research about something or an individual.

Benefits of detailed information include;

It helps in making timely decision in an organization.

It helps to manage resources appropriately.

Value can be assigned based on how important this benefits are to the organization or individual.

Learn more on information and benefits here,

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6 0
2 years ago
G during february, $186,500 was paid to creditors on account, and purchases on account were $201,400. assuming the february 28 b
Rufina [12.5K]
<span>The balance on Feb 1 was $44,100. Find by solving for x, the account balance on Feb 1, knowing that $59,900 was the balance on Feb 28. Find by adding $201,400 of purchases and subtracting $186,500 paid to creditors:
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4 0
3 years ago
Which of the following is true about organizational change?
Pavel [41]

Change occurs more informally through social networks is  is true about organizational change, so option (d) is correct.

In terms of organisational change, which of the following is accurate?

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e. Organizations should avoid adopting viral change,

One who is alone is said to be in isolation or seclusion. One's customary friends may be cut off from them by choice or circumstance, or isolation may refer to a state of being apart from all other people. A few peaceful hours of seclusion and isolation highlight the tendency to unintentionally distance oneself from others.

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8 0
1 year ago
Select the correct answer. Which definition refers to visual merchandising? A. the art of presenting merchandise in a creative w
WITCHER [35]

Answer:

A

Explanation:

the art of presenting merchandise in a creative way that helps the store reach out to people

(if its not a, then its d)

6 0
2 years ago
Read 2 more answers
Lexington Company engaged in the following transactions during Year 1, its first year in operation: (Assume all transactions are
worty [1.4K]

Answer:

Retained Earnings Balance at end of Year 1 =  $360

Explanation:

First we need to determine the profit/loss for the year as part of the retained earnings calculation.

Lexington Company

Income Statement for the year ended - Year 1

Revenue Earned                                                $3,200

Less Expenses                                                  ($2,420)

Net Income / (Loss)                                               $780

Then we calculate the Retained Earnings Balance

Retained Earnings Statement

Beginning Retained Earnings Balance                  $ 0

Add Profit earned during the year                      $780

Less Dividends                                                   ($420)

Ending Retained Earnings Balance                    $360

5 0
2 years ago
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