Answer: Forecasting is exclusively an objective prediction.
Explanation: In simple words, the process of predicting any future event by analyzing the past data is called the forecasting. The factors that an analyst takes from the past could be both qualitative and quantitative.
The forecasting process is done for a specified period and not for infinity. In other words, it is the study of trends and predicting how these trends could change in the future.
Hence from the above we can conclude that the correct option is B.
Answer:
C) raise her deductible from $250 to $1,000
Explanation:
If Donna starts to drop all her coverages, then she will not only pay less, she wouldn't any insurance to cover her.
If she really needs to lower her insurance costs, the best way to do it is to raise her deductible. That way she will still be covered, but she will need to put more money in case of an accident. To be honest, generally car accidents cost thousands, and increasing the deductible from by $750 is not really that much compared to what an insurance policy covers.
The deductible is the amount of the insurance claim that must be paid by the insured, the rest is paid by the insurance company.
Answer:
Reserve price = $55
Expected revenue with a reserve price = $55
Expected revenue without a reserve price = $55
Explanation:
The auctioneer should set the reserve price siguiente:
Reserve price = ($30x0.5) + ($80x0.5) = $15 + $40 = $55
In the case of the expected revenue with the reserve price, only the bidder who has set a $80 value will pay the reservation fee, then the expected revenue will be the reserve fee of $55.
In the case of the expected revenue without the reserve price, both of the bidders will enter the auction for the item. Since the values are equally probable the expected profit without the reservation fee is equally $55.
Hope this helps!
Answer:
a) alienation
Explanation:
Alienation refers to the state by which an individual or group of individuals is isolated from an activity or task to which they should be involved. Examples of alienation include a lack of staff involvement in basic decision making, a feeling of powerlessness by employees etc.
Answer: I would lose my job and have to use my savings to pay for my studies
Explanation:
I want to do a Ph.D. outside the country and I understand that leaving would involve taking many risks, one of which is leaving my current job. I have a good job and there would be no guarantee that after 4 years he will be there waiting for me. Another cost is the high price that would have to pay for the cost of the enrollment since it would be foreign and foreigners have to pay more.
It is a decision that I have to think well since if I leave and after 4 years I come back, it would be to a certain extent to start from scratch and it could be more difficult to re-enter the labor market.
