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
djyliett [7]
3 years ago
12

After reviewing the existing data on seasonal spending by his company's customers, Marv decided he needed new information collec

ted to address his research questions. Marv will need __________ data to address the questions in his marketing research study.
Business
1 answer:
Akimi4 [234]3 years ago
3 0

Answer:

Primary data

Explanation:

There are two types of data streams; Primary data and secondary data. Secondary data is old user data and case studies; primary data is raw or new data. Marv, after carefully analysing the secondary data, decided that there is still some data missing, and he needs new information for his research. So, in this scenario, Marv wants to collect primary data for the research.

You might be interested in
Candy crunchers wants to see if their new candy is enjoyed more by high school or middle school students. they decide to visit o
lukranit [14]
The answer would be: all students who attend one middle school and one high school in Miami, FL. As the company, Candy Crunchers, only took surveys from one high school and one middle school only, that would be the sample of the population.
7 0
4 years ago
Read 2 more answers
You are considering taking out one of two loans. Loan R has a principal of $17,550, an interest rate of 5. 32% (compounded month
Evgesh-ka [11]

The difference between the monthly payment of R and S is equal to $48.53 by following the compound interest formula. Thus, Loan R's monthly loan amount is greater than Loan S.

<h3>What is a Compound interest loan?</h3>

Combined interest (or compound interest) is the loan interest or deposit calculated based on both the original interest and accrued interest from earlier periods.

\rm\,For\,R\\\\P = \$\,17,550\\r\,= 5.32\%\\Time\,= n= 7\,years\\Amount\,paid= [P(1+\dfrac{r}{100\times12})^{n\times12} ]\\=[ 17,550 (1+\dfrac{5.32}{100\times12})^{7\times12} ]\\= [ 17,550 (\dfrac{12.0532}{12})^{84} ]\\\\=  [ 17,550 (1.00443^{84} ]\\\\= \$ 25,440.48\\\\Total\,monthly\,payment = \rm\,\dfrac{25,440.48}{84}\\\\= \$\, $302.86\\\\

\rm\,For\,S =\\\\P=\,\$ 15,925\\r\,= 6.07\%\\T=n= 9\,years\\\\Amount\,paid\,= [P(1+\dfrac{r}{100\times12})^{n\times12} ]\\\\\= [15,925(1+\dfrac{0.0607}{12})^{9\times12} ]\\\\\\= [15,925(1+\dfrac{0.0607}{12})^{108} ]\\\\=[15,925(1.7247.84)} ]\\\\\= \$27,467.19\\\\Total\,monthly\,payment =\dfrac{\rm\,\$\,27,469.19}{108}\\\\= \$ 254.326\\\\

The difference between the monthly payment of R and S is equal to $48.53.

Hence, Loan R's monthly payment is greater than the loan's monthly payment by $48.53

To learn more about Compound interest, refer to the link:

brainly.com/question/14331235

5 0
3 years ago
Searls Corporation, a merchandising company, reported the following results for July: Number of units sold 2,700 units Selling p
melisa1 [442]

Answer:

$534,600

Explanation:

<em>Contribution margin = Sales - Variable Costs</em>

where :

Sales = 2,700 units x $664 = $1,792,800

Variable Costs = Costs of Goods Sold + Variable Selling Costs + Variable Administrative Cots

                        = 2,700 units x $405 + 2,700 units x $48 + 2,700 units x $13

                        = $1,258,200

therefore,

Contribution margin = $1,792,800 - $1,258,200 = $534,600

6 0
3 years ago
A company that produces baseball gloves is considering buying some new equipment that it expects will increase future profits. I
Gekata [30.6K]
Will increase/decrease per annum
8 0
4 years ago
Which of the following statements is TRUE?
Dahasolnce [82]

Answer:

Third one....The interest rate on your savings account will vary over time and be set by the government

Earn interest at a norminal rate.

7 0
3 years ago
Other questions:
  • In the expression of formulas, the products are obtained from the __________;and essence "change partners" – that is plus to ___
    6·1 answer
  • The Break-Even Point in your business is when
    12·1 answer
  • Which of the following terms is correct?
    15·1 answer
  • Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the be
    15·1 answer
  • Dorcan Corporation manufactures and sells T-shirts imprinted with college names and slogans. Last year, the shirts sold for $8.4
    6·1 answer
  • A 12-month insurance policy was purchased on Dec. 1 for $3,600 and the Prepaid insurance account was increased for the payment.
    7·1 answer
  • Knowledge Check 03 During January, Dream House Builders, Inc. incurred $550 of actual indirect materials costs, as supported by
    12·1 answer
  • Problem 8-12 (Algo) A firm uses a serial assembly system and needs answers to the following: a. An output of 800 units per shift
    5·1 answer
  • What part of the cover letter explains how the applicant’s qualifications meet the needs of the company?
    11·2 answers
  • A company purchased equipment for use in the business at a cost of $15,000, one-fourth was paid in cash, and the company signed
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!