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disa [49]
3 years ago
15

For use in a linear regression model, categorize which of the following variables should be represented as dummy variables and w

hich can be represented as quantitative variables.
ITEMS

TIME TO RUN A MARATHON

SHOE COLOR

HEIGHT

NUMBER ON AN ATHLETE'S JERSEY

GENDER

SIZE OF FLAT-SCREEN TELEVISION

HOURS SPENT STUDYING CORE

ICE CREAM FLAVOR

CALORIES IN DESSERTS

CATEGORY

Dummy Variables

Quantitative Variables
Business
1 answer:
Novay_Z [31]3 years ago
4 0

Answer:

DUMMY VARIABLES:

The items include;

Shoe color,

Number on an athlete's jersey,

Gender,

Ice cream flavor

QUANTITATIVE VARIABLES: Items include;

Time to run marathon,

Height,

Size of flat-screen television,

Hours spent studying core,

Calories in desserts.

Explanation:

Time to run a marathon, height, size of flat–screen television, hours spent studying core, and calories in desserts are quantitative variables.

Shoe color, number on an athlete’s jersey, gender, and ice cream flavor are categorical/qualitative variables and need to be transformed into dummy variables. Note that although athlete’s jerseys have numbers, those values cannot be interpreted as real numbers.

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The following information for "2019" pertains to Bartley Corporation: Capital contributions by shareholders $50,000 Realized los
Nadusha1986 [10]

Answer:

$13,500

Explanation:

Bartley's gross income should include only two items:

  1. income from rent paid directly to a bond holder
  2. income from rental property in a sinking fund

2019 gross income = $8,000 + $5,500 = $13,500

The net gains or losses associated to the selling or rebuying of stocks are considered capital gains or losses, and they are taxed differently than gross income.

7 0
3 years ago
Sản phẩm hữu hình và sản phẩm vô hình khác biệt như thế nào?
mr Goodwill [35]

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8 0
3 years ago
Uncle Tupelo's Gifts signs a three-month note payable to help finance increases in inventory for the Christmas shopping season.
ladessa [460]

Answer:

Interest expense --------$1,500

Interest payable-------------- $1,500

Explanation:

Given the following ;

Amount of note signed = $75,000

Annual interest rate = 12% = 0.12

Date signed = November 1

Calculate interest expense to be made in the adjusting entry by December 31 :

NOTE: No entries have been made previously for the interest expense

Monthly Interest = (Amount × rate) ÷ 12

Monthly interest = ($75,000 × 0.12) ÷ 12

Monthly interest = $9000 ÷ 12 = $750

November 1 to December 31 = 2 months

$750 × 2 = $1500

Interest expense = $1,500

3 0
3 years ago
A type of organization in which top management ensures that there is consensus about the direction in which the business is head
Arada [10]

Answer:

high-involvement organization

Explanation:

A high-involvement organization has a higher level of involvment from staff at all levels. The idea behind this approach is that higher staff involment increases performance and worker well being.

3 0
3 years ago
Suppose the following transactions occur during the current year:
Genrish500 [490]

Answer:These transactions combines will increase the Gross Domestic Products by +2500

Explanation:

Gross domestic product is the Value of all goods and service produced within the boarders of the country over a period of time. Gross domestic product is measured in monetary terms. Gross domestic product can also be calculated as a total of all expenditures on goods and services in the economy.

we will now sow how these Transactions affect the gross domestic product

1. 50 cases of beer from a dutch distributor at $40 per case

When Dmitri (assuming he is in the United States) Purchases a 50 cases of beer abroad, Imports increase by $2000 ($40 x 50 cases)

Imports have a negative impact on the Gross domestic product, Therefore the Gross domestic product will decrease by $2000

-$2000 imports = -2000 Gross Domestic Product. ceteris pa

2.US Company sells 200 Transistors to a Spanish company at $15 per case

Exports increase Gross domestic product. When a US Company sells 200 transistors to a Spanish Company at a price of $15 per transistor, Exports will increase by $3000. When export increase Gross domestic product will also increase by -$3000 ceteris par

+$3000 export = + 3000 Gross Domestic Product.

3. Jake US Citizen pays $1500 for a laptop he orders from microell (a US company)

This transaction will increase Consumer's domestic consumption which is represent by a Variable denoted by C in the Consumption equation. When Jake pays $1500, Consumption increases by $1500 which also increases Gross domestic Product by $1500 ceteris pa

+$1500 Consumption = + $1500 Gross domestic product

Combined effect of these Transactions

Consumption + Investment + government spending + (export - import)= GDP

+$1500 + 0 + 0 + 0 + ($3000 - $2000) = + $2500        

These transactions combines will increase the Gross Domestic Products by +2500

8 0
3 years ago
Read 2 more answers
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