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Setler [38]
3 years ago
15

A researcher measures driving distance from college and weekly cost of gas for a group of commuting college students. What kind

of correlation is likely to be obtained for these two variables?
Business
2 answers:
Elena-2011 [213]3 years ago
8 0

Answer:

The correct answer is: a positive correlation.

Explanation:

Correlation can say something about the relationship between variables. It is used to understand:

1. If the relationship is positive or negative

2. The strength of the relationship.

Correlation is a powerful tool that provides vital pieces of information.

In the case of family income and family spending, it is easy to see that both rise or fall together in the same direction. This is called a positive correlation.

In the case of price and demand, the change occurs in the opposite direction, so that the increase in one is accompanied by a decrease in the other. This is known as a negative correlation.

svp [43]3 years ago
5 0

Answer:

positive correlation

Explanation:

In statistics, positive correlation between two variables means that both variables will move in the same direction. For example, if one variable decreases, the other one should decrease also.

In this case, the researcher is measuring two variables:

  1. driving distance
  2. cost of gas

I can definitely assure you even without taking any measurements, that the more you drive, the more you spend on gas. The two variables are extremely positively correlated.

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Yuri [45]

Answer:

$155,000

Explanation:

Calculation to determine the book value of the investment that should be reported at year end by All Good Company

Initial investment (6,000* $10.00 per share) $60,000

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Ending balance of investment $155,000

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7 0
3 years ago
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Why do retailers offer credit?​
SpyIntel [72]

Answer:

Iam sorry

Explanation:

I don't know the answer

4 0
3 years ago
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Leyton Lumber Company has sales of $12 million per year, all on credit terms calling for payment within 30 days, and its account
s2008m [1.1K]

<u>Solution and Explanation:</u>

The following formula is used in order to calculate the days sales outstanding:

Days sales out standing = ( Accounts receivable divided by Sales )  multiply with 365

= $1.5 million divided by $12 million multiply with 365

After calculating we get, 45.625 days

<u>In order to calculate the capital released, the following formula is used: </u>

Capital released $=$ Sales $*$ (DSO - Credit period) $/ 365$

=\$ 12 \text { million } *(45.625-30) / 365

= 513699

Therefore, the capital released is $513699

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Answer:

A

Explanation:

if its wrong than forsure d

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