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3 years ago

Which graphical display shows marginal and conditional distributions at the same time?

1 answer:

5 0

Contingency tables are the most common way of showing both marginal and conditional distributions. Reading them is quite easy and intuitive, and often the graphical part of the analysis is left at that. Taking a step further, one can translate the table into a chart: it is advised to use a bar chart to effectively show the data

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Price of Quantity Quantity

hoa [83]

Answer:

d) 110; 180

Explanation:

Price ceilings is put in place to ensure a price does not rise above a particular level.

When a price ceiling is below the equilibrium price, the quantity demanded for will e greater than quantity supplied, and excess demand will arise.

original equilibrium of $12

180 units would be exchanged in a free market (when equilibrium price is $12), and 110 units would be exchanged with the price ceiling in effect.

5 0

3 years ago

Read 2 more answers

The owner of Mercury Appraisal Company held a ribbon-cutting event when he opened his new business. He invited city dignitaries,

cestrela7 [59]

Answer:

create awareness

Explanation:

Based on this scenario it can be said that the main goal of this promotion was to create awareness. This means grabbing the attention of as many individuals as possible in order to spread the company's reach. Doing so allows a wider population to get to know the company which in term leads to more clients doing business with Mercury Appraisal Company, and more business means more profits.

4 0

4 years ago

The simple circular flow model shows that A. total income received by households is less than the total value of goods and servi

mars1129 [50]

Answer:

The answer is B.

Explanation:

The simple circular flow model is also known as two-sector circular flow of income model and the the two sectors are firms and households. There is no government sector or foreign sector.

It assumes that households spend all their income on goods and services produced by firms while the firms spend their income on factors of production (labor, land etc.) which are owned by households.

Therefore, total income received by households will be equal to the dollar value of all goods and services produced.

7 0

3 years ago

Factory Overhead Cost Budget Budget that estimates the cost for each item of factory overhead needed to support budgeted product

Black_prince [1.1K]

Answer:

Factory Overhead Cost Budget

For the month ending August 31, 2016

Variable factory overhead costs:

Manufacturing supplies $14,000

Power and light $48,000

Production supervisor wages $135,000

Production control wages $32,000

Materials management wages $39,000

Total variable factory overhead costs $268,000

Fixed Factory Overhead Costs

Factory insurance $30,000

Factory depreciation $22,000

Total Fixed Factory Overhead Costs $52,000

Total factory overhead costs $320,000

Thus, the total factory overhead cost for the month of August, 2016 is $320,000.

4 0

4 years ago

Kornett Company during its first fiscal year ended December 31, 2016, Journalize the selected transactions, starting on page 21

weqwewe [10]

I'll answer number 2 and 3.

Bank Reconciliation:
Bank statement Balance: 283,000
Add: Deposit in Transit 29,500
Deduct: Checks Outstanding (68,540)
Adjusted Bank Statement Balance 243,960

Book Reconciliation:
Ledger Balance: 245,410
Deduct:
Bank debit memo for service charge (750)
Understatement of issued check (700)
Adjusted Book Statement Balance 243,960

3. Adjusting entries on Book reconciliation.
Miscellaneous Admin. Expense acct for bsc. 750
Cash in Bank 750

*Assuming that accounts payable was the account used in the set up of the invoice.
Cash in Bank 12,000
Accounts Payable 12,000

Accounts Payable 12,700
Cash in BAnk 12,700

3 0

4 years ago