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3 years ago

Two variables have a correlation coefficient equal to -0.65 from a sample size of 10. Which one

Business

1 answer:

elixir [45]3 years ago

6 0

Answer:

Because the test statistic is less than the critical value, we can reject the null hypothesis and conclude that the population correlation coefficient is less than zero.

Explanation:

Because the question is based on the hypothesis test of the significance of the correlation coefficient to decide whether the linear relationship in the sample data is strong enough to use to model the relationship in the population. If the tests concludes that the correlation coefficient is not significantly different from zero, it means that the correlation coefficient is not significant.

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Develop an Excel worksheet simulation for the following problem. The management of Paragon Household Products is considering the

Alexxandr [17]

<h2>Disclamer:</h2>

As it ask to run simulations the values calculates will difer even if you follow the same step as I did.

Answer:

Mean Profit: $ 4,295

Probability of loss: 29.80%

As the product has a mean profit it will on average generate gains

but:

as the standard deviation of the simulation was $ 7,778.40

we should not invest on the product as it is to variable

Explanation:

We are going to use the =RAND() function of excel

which, generates a random number between 0 and 1

This will be done 1,000 times 500 for the variable cost

and 500 for the demand.

Then we copy and paste this numbers to get them fixed.

Then, we convert them into actual cost and demand in units considering their distribution

using excel dist.norm.inv

Now, with this values we solve for profit on each one.

FOr the complexity I attached the excel file as the plataform interface cannot handle large tables.

Download xlsx

6 0

3 years ago

Aromatic wines are known as ________, which generally are consumed before meals as a digestive stimulant.

IgorC [24]

Aromatic wines are known as Aperitif, which generally are consumed before meals as a digestive stimulant. Although this is about wine, there are other drinks typically alcoholic that are considered Aperitif's. These drinks are mild in taste and help clear and cleanse your pallet before a meal.

8 0

3 years ago

Select the correct answer. The word intestate means that a person has died with or without a will?

hjlf

It means that a person has died without a will.

8 0

3 years ago

Ancho Corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel-based cars. The company real

trasher [3.6K]

Answer:

A) leveraging new core competencies to improve current market position.

Explanation:

As is given in the scenario, the people that the company Ancho is trying to get are potential customers rather than existing, hence they cannot be said to be building new core competencies to protect and extend current market position. That would have been the case if they were trying to keep those that were already customers to the company.

Ancho cannot also be said to be redeploying existing core competencies to compete in future markets because they are actually acquiring new competencies in electric car manufacturing which was not their original line of business.

There is also no case of unlearning existing core competencies because Anchor has deployed existing competencies in developing a hybrid car rather than just an electric one.

Hence Anchor is trying to get new customers while keeping the old ones and has made a car that will appeal to both existing and potential customers to improve current market position.

8 0

3 years ago

Describe some strategic differences between these firms. What type of trade-off decisions have these firms made

Yuri [45]

Please find full question attached

Answer and Explanation:

I will use Apple and HP in this comparison.Here I would compare Apple's laptop to that of Hewlet Packard as this is where they meet in the industry. Apple employs a strategy of differentiation and standing out in competition through their products. They aim to create products that are quite different and unique/innovative from other products in the market, and yet what the customer wants. In doing this, Apple has a trade-off for cost as they charge alot higher for their products than their competitors. HP on the other hand focus on making the best possible products that get the job done/meet the needs of customers while also being affordable. HP is more focused on affordable devices for their market and therefore have a different market segment for laptops from that of Apple. There is a trade-off for cost and market segment in this comparison

4 0

3 years ago