The correct answer would be, Qualitative Analysis.
Qualitative Analysis involves using scales to suit circumstances and allows for quick identification of potential risks as well as vulnerable assets and resources.
Explanation:
There are two main types of analysis used in the research methodology. One is Quantitative Analysis and the other is Qualitative Analysis. Quantitative Analysis is concerned about mathematical and statistical analysis of the data in the research. Whereas, Qualitative Analysis is the analysis or the understanding of the facts and phenomenons in the research.
Qualitative Analysis help in predicting the potential risks associated in doing something, as well as the identification of vulnerable assets and resources.
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The answer is the 'A' option. That is the Lorenz curve.
A Lorenz curve is a graph that shows how wealth or income is distributed among a population.
Lorenz curves plot population percentiles against the total wealth or income of those who fall inside that percentile or above it.
For the purpose of assessing inequality within a population, Lorenz curves and the statistics derived from them are frequently utilized.
Lorenz curves are mathematical estimates for measuring true inequality since they are based on fitting a continuous curve to partial and discontinuous data.
Hence, The degree of inequality in the distribution of income in an economy is depicted in a Lorenz curve.
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Answer:
$2200
Explanation:
The accrual basis recognizes revenues and expenses when the event warranting the income or expenditure occurs. In this case, the expenditure to be recognized is for the 11 months of insurance coverage.
For 24 months, the premiums are $4800. premiums for one month will be
= $4800/24
=$200
Premiums for 11 months
= $200 x 11
=$2200
Answer:
The local city council passes a law that establishes a maximum rent for apartments in your city. Which of the following is likely to happen?
Demand for cheap apartments will increase
Explanation:
When there is maximum price set aside for a good or services, the demand for lower goods would be increased. From the analogy above, since the maximum rent as been set aside, then the demand for cheap apartments will increase as a result of the decision because people would prefer lower prices