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spayn [35]
3 years ago
11

When a researcher is attempting to predict sales volume by using building permits, amount of advertising, and the income levels

of residents, the researcher is using _____?
Business
1 answer:
hammer [34]3 years ago
6 0
Multiple regression analysis
You might be interested in
Why should your business use Performance Planner?
klasskru [66]

Answer:

The answer is C.It makes recommendations that are validated using machine learning.

Explanation:

A performance planner is a tool used by Google Ads to devise plans in relation to how a business spends on advertising and how changes on advertisement campaigns will affect key metrics and the general performance. It is mostly used as a forecasting tool, with the use of machine learning to show the possibilities or potential outcomes in Google Ads campaigns. This implies that all the conclusions arrived at, are determined by machine learning.

7 0
3 years ago
g A speculator buys a call option for $3, with an exercise price of $50. The stock is currently priced at $49, and rises to $55
azamat

Answer:

$53

Explanation:

Call option is $3

Exercise price is $50

The stock is currently priced at $49

It rises to $55 on the expiration date

Therefore the cost price at which the speculator will break even can be calculated as follows

= ($50-$3)+($55-$49)

= $47 + $6

= $53

8 0
3 years ago
. The income elasticity of demand for medical care is 1.35. This implies that: a. if income decreases by 1%, the quantity demand
Andre45 [30]

Answer:

The correct answer is a).

Explanation:

The income elasticity of demand refers to the percentual variation of quantity demanded of a certaing good in response to a percentual variation in income.

If the income elasticity of demand for medical care is 1.35,

<em>a. if income decreases by 1%, the quantity demanded for medical care decreases by 1.35%.</em> TRUE, this is what the definition implies.

<em>b. if the price of medical care increases by 1%, the quantity demanded for medical care decreases by 1.35%. </em>FALSE. In this elasticity, the sign is relevant. This income elasticity implies that changes in income and medical care expenses have the same sign.

<em>c. if the income of the average consumer increases by 1 dollar, the quantity demanded for medical care will increase by 1.35 units of care.</em> FALSE. The elasticity relates percentual variations, not absolute value variations.

<em>d. if income increases by 1%, the quantity demanded for medical care decreases by 1.35%.</em> FALSE. The same as point b.

5 0
4 years ago
Ralph Waters owns forested land. The Department of the Interior has declared that a small fruitfly on his property is an endange
inn [45]

Answer:

c. can challenge the determination in court.

Explanation:

Ralph owns a forested land which he most likely purchased for the purpose of cutting timber. If the Department of the Interior has declared that a small fruitfly on his property is an endangered species and prevented the harvesting of trees, he can challenge this in court.

This is because the land is private property and the determination by the Department of the Interior will make the land useless to Ralph. Also the government only has the ability to enforce such directives on public property.

3 0
3 years ago
Will exchanges a building with a basis of $35,000, and subject to a liability of $30,000, for land with a FMV of $50,000 owned b
RideAnS [48]

Answer:

Option D. $80,000

Explanation:

The Fair Market Value that Jane has paid of land is $50,000. The liability of $30,000 is attached with this land which Jane has taken as a payment to Will. So the total payment that Will has received = $50,000 + $30,000 = $80,000.

So this $80,000 is the fair market value of land that will be realized.

8 0
3 years ago
Read 2 more answers
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