Answer:
a. linear regression.
Explanation:
Based on the information provided within the question it can be said that in this scenario the best choice would be a linear regression model. That is because this type of approach deals with seeing to what extent there exists a relationship between two variables. Which in this case would be the quantitative data/prices and the square footage of the home.
Complete Question:
Outside the flight experience itself, airlines are generating revenue by charging fees for credit cards, frequent-flyer programs, and access to airport lounges. This serves to
Group of answer choices:
A. increase competition.
B. expand the profit pool.
C. provide better customer service.
D. satisfy regulators
Answer:
B. expand the profit pool.
Explanation:
Outside the flight experience itself, airlines are generating revenue by charging fees for credit cards, frequent-flyer programs, and access to airport lounges. This serves to expand the profit pool.
Generally, all business entities are typically set up to generate revenues by engaging or increasing the number of services being offered to potential customers and as a result of this, make more money or profits.
In this scenario, the airline company has diversified its portfolios through the provision of services centered around the transport or logistics business such as use of credit cards as a means of payment by the customers, use of airport lounges as relaxation spot, waiting area and use of frequent-flyer programs as a form of advert in the airport or on board.
Option answer:
c. Interest = $54 and Balance = $1254
Answer:
A = $1,254.00
I = A - P = $54.00
Equation:
A = P(1 + rt)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 3%/100 = 0.03 per year.
Solving our equation:
A = 1200(1 + (0.03 × 1.5)) = 1254
A = $1,254.00
The total amount accrued, principal plus interest, from simple interest on a principal of $1,200.00 at a rate of 3% per year for 1.5 years is $1,254.00.
Answer:
Number of times for production = 10 times
Explanation:
<em>Economic batch quantity (EBQ) i</em><em>s also known as economic production run, It is the optimum production run that a manufacturer should operate to minize set up cost and carrying cost. </em>
Carrying cost is the cost of keeping inventory while set up cost is cost of getting machines ready for production
The number of times the company should produce =
Annual demand / the economic production run(EBQ)
It is calculated as follows:
Economic batch quantity =√2× Co× D / Ch
Where ,
D - annual demand -320,000,
Ch -holding cost per unit per annum - $10
Co- set up cost - $160 ,
= √ (2 × 160× 320000/10)
= 3200
Number of times for production
= 320,000/3,200
= 10 times
Answer:
The correct answer is: Online transaction processing (OLTP).
Explanation:
The acronym OLTP stands for Online Transaction Processing. These procedures facilitate the management of transactional applications for data entry, recovery and processing. It is typical of operational databases, and the software packages used for these technologies are based on the client-server technique. These systems are often used by companies that enjoy a distributed computer network, such as the agents responsible for the supply chain, airlines, banks, industry, etc.
This system optimizes access to data, facilitating the tasks of reading, writing and analysis that are carried out frequently. OLTP procedures structure this data according to its level of application (custom management program, CRM or ERP implemented ...), in addition, they do not have to remain uniform in different departments due to the common lack of compatibility. Finally, they are characterized because the data history is limited to the present or to the most recent.
In this way, the systems of this technology record the business interactions that are produced throughout the daily operation of the organization, admitting the consultation of data for different interventions.