1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
bagirrra123 [75]
4 years ago
14

A restaurant chain is working on improving the quality of its food and service. To track its progress it recruits customers who

agree to respond to customer satisfaction surveys once every three months over the next two years. What kind of data is the restaurant chain colleing?
a. panel data
b. focus group data
c. external secondary data
d. internal secondary data
e. scanner data
Business
1 answer:
Ksju [112]4 years ago
3 0

Answer: Option (a) is correct.

Explanation:

Correct Option: Panel data.

Panel data is a combination of cross sectional data and time series data. Panel data is mostly used for the regression analysis. In this type of data, one can observe multiple instances or scenarios at more than one time frame.

The information provided by this type of data can be categorized into parts:

(i) Cross-sectional Information

(ii) Time series Information

You might be interested in
Primara Corporation has a standard cost system in which it applies overhead to products based on the standard direct labor-hours
Gnoma [55]

Answer:

1. The fixed portion of the predetermined overhead rate for the year is $10,000 per direct labor hour.

2. The fixed overhead budget variance is $4,000 unfavourable and the fixed overhead volume variance is $10,000 favourable.

Explanation:

In order to calculate the the fixed portion of the predetermined overhead rate for the year we would have to use the following formula:

predetermined overhead rate for the year=<u>Total fixed overhead cost year</u>

                                                                          Budgeted direct labor-hours

                                                                     =$ 250,000/25,000

                                                                      =$10,000

1. The fixed portion of the predetermined overhead rate for the year is $10,000 per direct labor hour.

In order to calculate the fixed overhead budget variance, we use the following formula:

2. fixed overhead budget variance=Actual fixed overhead cost for the year- budgeted fixed overhead cost for the year

                                                     =$ 254,000-$ 250,000

                                                     =$4,000 unfavourable

In order to calculate the fixed overhead volume variance, we use the following formula:

fixed overhead volume variance=budgeted fixed overhead cost for the year-fixed overhead appliead to work in process

                                                     =$ 250,000-(26,000×10)

                                                     =$10,000 favourable

5 0
3 years ago
Sam’s favorite recipe for fruit punch requires 12% apple juice. how much pure apple juice should he add to 2 gallons of punch th
natulia [17]
He needs to add %4 more apple juice because %12 - %8 = %4
6 0
3 years ago
Goods are physical items produced in an economy, such as computers, phones, and lawn mowers,
blagie [28]

Answer:

Not 100% sure what the question is but this is a true statement :)

4 0
4 years ago
What are six steps in developing your brand's marketing message?
zmey [24]
               Six Steps In Developing Your Brand's Marketing Message
                        1. Understand your brand and communication strategy
                        2. Understand your resources
                        3. Identify goals
                        4. Identify specific tactics
                        5. Execute tactics
                        6. Measure & refine


3 0
3 years ago
Read 2 more answers
Assume that you have just purchased some shares in an investment company reporting $500 million in assets, $50 million in liabil
kiruha [24]

Answer:

B. $9

Explanation:

Assets value = $500 million

Liability value = $50 million

Use following formula to calculate NAV

Net Assets value = Assets value - Liability value

Net Assets value = $500 million - 50 million

Net Assets value = $450 million

Net Assets value = $450 million / 50 million

Net Assets value = $9 per share

So, the correct option is B. $9.

6 0
4 years ago
Other questions:
  • You have just calculated the acid-test ratio for Peak Performance Sporting Goods [acid test ratio = 1.0]. As a loan officer for
    9·1 answer
  • What could you do if your expenses each month continue to be more than your income ?
    11·1 answer
  • A management information system (MIS) typically provides standard reports generated with data and information from a transaction
    7·1 answer
  • A firm's bonds have a maturity of 10 years with a $1,000 face value, a 9 percent semiannual coupon, are callable in 5 years at $
    15·1 answer
  • a. If music lovers obtain music and video content via free music streaming services instead of buying it directly or paying for
    11·1 answer
  • Suppose that the risk-free rates in the United States and in the United Kingdom are 4% and 6%, respectively. The spot exchange r
    10·1 answer
  • Caitlin, Chris, and Molly are partners and share income and losses in a 3:4:3 ratio. The partnership’s capital balances are Cait
    14·1 answer
  • Write a short paragraph explaining the difference between the fastest growth and largest growth industries from a numerical pers
    12·2 answers
  • According to the circular flow model of the market system, when resource-owners' money income is rising, then the costs to busin
    5·1 answer
  • Accroding to lapena what is the importance of the oral tradition?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!