A subtle form of racial discrimination in housing is "racial steering." racial steering occurs when real estate agents show pros
pective buyers homes only in neighborhoods already dominated by that family's race. this violates the fair housing act of 1968. according to an article in chance magazine (vol. 14, no. 2 [2001]), tenants at a large apartment complex recently filed a lawsuit alleging racial steering. the complex is divided into two parts, section a and section
b. the plaintiffs claimed that white potential renters were steered to section a, while african americans were steered to section
b. the table below shows the data that were presented in court to show the locations of recently rented apartments.
b. the plaintiffs claimed that white potential renters were steered to section a, while african americans were steered to section
b. the table below shows the data that were presented in court to show the locations of recently rented apartments.
1 answer:
The table represented below is how the people were divided in the household.
As you can see, the white people have more privileged to stay in the household. And the consistency of having the black people rented are of minimum. This violates the policy because of it's unfair system to the people and the division of the homes.
As you can see, the white people have more privileged to stay in the household. And the consistency of having the black people rented are of minimum. This violates the policy because of it's unfair system to the people and the division of the homes.
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Answer:
(1)
(2) The variable cost per unit produced is $7.60.
(3) The coefficient of determination is 0.96 or 96%.
(4) The estimated total cost is $5,046.67.
Explanation:
A regression analysis for the provided data is performed on Microsoft Excel.
The output is attached below.
(1)
The estimated regression equation that could be used to predict the total cost for a given production volume is:
(2)
The variable cost per unit produced is given by the slope of the line.
The slope of a regression line represent the value of the dependent variable for one unit of the independent variable.
So, the variable cost per unit produced is $7.60.
(3)
Consider the regression output attached.
The coefficient of determination is 0.96 or 96%.
This implies that the percentage of the variation in total cost that can be explained by production volume is 96%.
(4)
For Volume = 500 units predict the total cost as follows:
Thus, the estimated total cost is $5,046.67.
Answer:
9.43%
Explanation:
The computation of the internal rate of return is calculated by using the spreadsheet which is shown in the attachment
The internal rate of return is the return at which the net present value comes to zero i.e.
Net present value = 0
initial investment = Present value of cash flows after taking the discounting factor
After solving the given problem, the internal rate of return is 9.43%
