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Bas_tet [7]
3 years ago
10

A study of elementary school children, ages 6 to 11 , finds a high positive correlation between shoe size x and score y on a tes

t of reading comprehension. The observed correlation is most likely due to:
Business
1 answer:
Artemon [7]3 years ago
6 0

Answer: The observed correlation is most likely due to the effect of a lurking variable, such as age.

Explanation: A lurking variable is a variable that is not included as an explanatory or response variable in the analysis but can affect the interpretation of relationships between variables. A lurking variable can falsely identify a strong relationship between variables or it can hide the true relationship.

You might be interested in
Delish Foods sells jars of special spices used in Italian cooking. The variable cost is $2 per unit. Fixed costs are $9,000,000
Ymorist [56]

Answer:

$3.38 per unit

Explanation:

Total costs:

= Total fixed cost + Total variable cost

= $9,000,000 + (5,000,000 units × $2 per unit)

= $9,000,000 + $10,000,000

= $19,000,000

Target revenue:

= Total costs - Desired profit

= $19,000,000 - ($42,000,000 × 5%)

= $19,000,000 - $2,100,000

= $16,900,000

Sales price per unit = Target revenue ÷ Total units

                                = $16,900,000 ÷ 5,000,000

                                = $3.38 per unit

8 0
3 years ago
On January 2, 2009, L Co. issued at par $20,000 of 4% bonds convertible in total into 1,000 shares of L's common stock. No bonds
MrRissso [65]

Answer:

The correct answer is $1.2 per share.

Explanation:

According to the scenario, the computation of the given data are as follows:

Interest expense of Bonds = $20,000 × 4% = $800

Now, Interest expense of Bond, After tax = $800 × ( 1 - 50%) = $800 × 0.50

= $400

So, we can calculate the diluted earning by using following formula:

Diluted Earning = (Net income + Interest expense after tax) ÷ Total outstanding shares outstanding

Where, Total outstanding shares = 1,000 shares + 1,000 shares = 2,000 shares

By putting the value, we get

Diluted earning = ($2000 + $400 ) ÷ 2,000

= $1.2 per share

4 0
3 years ago
A market gap is which of the following?
nlexa [21]

Answer:

b

Explanation:

.......................................

5 0
3 years ago
What are queries usually used for?
solong [7]

Answer:

Queries can perform many different functions in a database. Their most common function is to retrieve specific data from the tables. The data you want to see is usually spread across several tables, and queries allow you to view it in a single data sheet.

4 0
3 years ago
What do you understand by the term trashing? a. Looking through a suspect’s garbage for possible evidence. b. Destroying hard co
iVinArrow [24]

Answer:

Looking through a suspect's garbage for possible evidence.

Explanation:

When an investigation is being carried out, looking through a suspect's trash is a good strategy.

People tend to discard relevant documents in am investigation through their trash, and looking through their garbage can uncover items that will give insights on cases.

For example if an individual commits a fraud in the process of concealment he may have torn up a document, and put it in the trash for disposal. People feel nobody goes through trash and that it is a good way of disposing evidence.

7 0
3 years ago
Read 2 more answers
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