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a_sh-v [17]
3 years ago
8

If the number of people working is 2 standard deviations above the mean, how many standard deviations above do you expect sales

to be?
What value of sales would that correspond to?






If the number of people working is 1 standard deviation below the mean, how many standard deviations above or below the mean do you expect sales to be?





What value of sales does that correspond to?







Find the slope estimate of b1.









What does b1 mean, in this context?





Find the intercept b0.







What does b0 mean, in this context?






Write the equation that predicts Sales from Number of Sales People Working





If 17 people are working, what Sales do you predict?







If sales are actually $26,000, what is the value of the residual?






Have the sales been overestimated or underestimated?









Calculate the residuals for the data set.









What are the units of the residuals?




Create a residual plot.













Which (if any) of the conditions are violated. (linearity, outlier, equal spread)





What is the value of R2




What does this value of R2 mean?
Business
1 answer:
artcher [175]3 years ago
8 0
R2 means the remainder of a certain number
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A company planned to sell 100 canoes for the month of April at an average sales price of $600. Midway through the month, the com
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Answer:

flexible budget amount for canoe sales revenue for April is $72000

Explanation:

given data

sell =  100 canoes

average sales price = $600

sold = 65

total sales = 130

canoes at an average price = $595

actual sales = 120 canoes

to find out

flexible budget amount for canoe sales revenue for April

solution

we know here for flexible budget april sale unit are = 120

and selling price is $600

so that April sales will be here = 120 × 600

April sales = 72000

so flexible budget amount for canoe sales revenue for April is $72000

3 0
3 years ago
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Answer:

false

His purchase left GDP unchanged

Consumption of non durables would increase.

Also, net export would decrease.

these effects would cancel out

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

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zubka84 [21]

Answer:

Cross functional teams

Explanation:

Cross functional teams is the term which is defined as the groups which are made up of the people from the different functional areas within the company or firm such as the human resources, marketing, sales, customer service and distribution.

Under this teams are effective as each member could address the business decision from different view points.  

Therefore, the cross functional teams are the one which compromise of the employees stating the various company functions.

7 0
3 years ago
How do you benefit from holding a job?
neonofarm [45]
If you hold a job for a long time, if or when you choose to leave that job your employer will put in a good word for your next job it will also look good for you that you are able to hold a job for a lnog period time so your next employer wont be scared that you would get up in leave after a month
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John, an American executive, learns that a foreign subsidiary hired a 12-year-old orphan girl to work on the factory floor. He k
tino4ka555 [31]

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An ethical dilemma is a situation where an individual is faced with making a decision between two options where if any option is chosen the individual might act against his/her moral principle. Like in the question, John is faced with the option of either complaining about child labor and then the child losses his/her source of income or allowing things to be as they already are.

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3 years ago
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