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ira [324]
3 years ago
12

Based on the regression model, the expected daily production volume with 112 factory workers is 118,846 units. The human resourc

e department noted that 123,415 units were produced on the most recent day on which there were 112 factory workers. What is the residual of this data point?
Business
2 answers:
givi [52]3 years ago
4 0

Answer:

The residual would be 4569.

Explanation:

Residual is a difference between the observed value and the estimated value.

123,415 - 118,846 = 4569

lys-0071 [83]3 years ago
4 0

Answer:

4569 would be the residual.

Explanation:

The residual of the data point is the amount, or rather the difference in units between the expected or estimated quantity and the actual pbserved number, this is calculated by withdrawing from the observed amount the expected, and you could get a positive or negative number, this is often used to test if the estimations made were correct.

So in this case you should withdraw from the 123,415 units produced, the 118,846 units expected, and the difference of 4,569 is the residual.

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Officials argue that the government needs to reduce the national debt. Which actions are most likely to accomplish this goal?
Lapatulllka [165]
The correct answer should be <span>Increase taxation and decrease spending

This would be the most efficient way to do this since you would get more money from taxes and they would lose less money because of lack of spending. People would probably be dissatisfied, but it would help the budget.  </span>
5 0
3 years ago
When the Federal Reserve increases the discount rate as a part of a contractionary monetary​ policy, there​ is:
andreev551 [17]

Answer:

The correct answer is C)A decrease in the money supply and an increase in the interest rate.

Explanation:

The Discount Rate is the interest rate that the Fed charges to commercial banks for 24-hour or less loans. Commercial banks turn to the FED for these loans when they are in an emergency situation, and are about to lose all reserves, and suffer a bank failure. This is why the Discount Rate tends to be higher than the federal funds rate.

If the FED increases the discount rate in order to apply contractionary monetary policy, the effect will be first a decrease in the money supply because banks will have less incentive to loan, and if they loan less, they create less money (remember than in a fractional reserve banking system banks create money), and thus, the money supply falls.

Secondly, this policy results in a higher interest rate because the less money supply, the less available loans, and the higher the interest rate on those fewer loans.

4 0
3 years ago
Why is the notion of ethics particularly important in the criminal justice system?
Kamila [148]
It could be so that there is no punishments that are to cruel in result of the crime committed
8 0
3 years ago
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Which of the following gives suggestions for new product and also help to market new product.
Vlad1618 [11]

Answer:

A

Explanation:

8 0
3 years ago
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All of the following shift the demand curve for automobiles to the right except:
elena55 [62]

Answer:

b. a brand new automobile dealership opens in town

Explanation:

All of the following shift the demand curve for automobiles to the right except: "a brand new automobile dealership opens in town."

The above statement is true because when a shift in the demand curve moves to the right, there is an increase in the quantity demanded, which can be caused by some factors such as:

increase in income,

growth in the price of a substitute or decrease in the price of a complement.

Hence, considering the available options in the question, the correct answer is " a brand new automobile dealership opens in town."

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3 years ago
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