The line that is being constructed in the series of diagrams provided is perpendicular.
Convert mixed number to improper fraction:
0.22% shrinkage as a percent of sales.
To calculate shrinkage you subtract the physical inventory value from the book value.
245,000-237,000 = 800
The shrinkage was $800. To find the shrinkage as a percent of sales take the shrinkage value and divide it by the sales value to get shrinkage as a percentage of sales.
800 / 360,000 = 0.0022....
Multiply Decimal by 100 to get the percentage
100 * 0.0022.... = 0.22%
Answer:
Step-by-step explanation:
You need to assume that the slope between the dependent Varian and the numerical independent variable is zero.
In regression analysis, to find the effect of one independent variable on the dependent variable, there has to be no interference from the other independent variables whether they be categorical (dummy) or numerical independent variables.
A dummy variable is one which takes on the value of 0 or 1, to represent the absence or presence (respectively) of a given category which is expected to influence the dependent variable.
When a dummy independent variable is included in a regression model, to know the effect of that dummy or category (e.g. day =1, night =0) on the dependent variable, the influence of the numerical independent variable has to be removed temporarily.
In a regression equation,
Y=a+bX+cK
Y is the dependent variable
a is the intercept on the vertical axis on the graph
b is the slope between the dependent variable Y and the independent numerical variable X
c is the slope between the dependent variable Y and the dummy variable K
