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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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g100num [7]

Historical returns have generally been higher for stocks of small firms as (than) for stocks of large firms.

<h3>What is stocks?</h3>

Stock in finance refers to the shares into which a corporation or company's ownership is divided. A single share of stock represents fractional ownership of the firm based on the total number of shares.

A stock is a type of instrument that implies the holder owns a share of the issuing firm and is typically traded on stock markets. Corporations issue stock in order to raise funds to run their enterprises. Stock is classified into two types: common and preferred.

Stocks are ownership stakes in a publicly traded corporation. When you purchase stock in a corporation, you become a part-owner of that company. If a corporation has 100,000 shares and you purchase 1,000 of them, you own 1% of the company.

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3 0
1 year ago
Consider a competitive market with a large number of identical firms. The firms in this market do not use any resources that are
lozanna [386]

Answer:

a. increase price in the short run but not in the long run.

Explanation:

The firms don't use resources that are available in limited quantities. So, as firm output increases, they can use resources in higher quantity but at the same price.

Therefore, as quantity demanded increases, the firms can supply higher quantity without any increase in resource cost. So, price  increase in short run but not in the long term.

4 0
3 years ago
The san francisco giants sell tickets based on​ ____________, where the prices often change based on demand and other variables.
pychu [463]
The San Francisco Giants sell tickets based on <u>dynamic pricing</u>, <span>where the prices often change based on demand and other variables.
This means that these tickets are based on how much a regular customer is willing to pay. There is an approximate price that seems reasonable for customers, and it can fluctuate, but still it is the best way to buy or sell something and profit after it. </span>
5 0
2 years ago
Did the realist theory develope in reaction to idealism
yaroslaw [1]
The answer is TRUE
 
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2 years ago
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xeze [42]
C publishing software
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3 years ago
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