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
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.

You might be interested in
The motive of an intimate homicide is almost always anger/revenge or profit. True or False?
tester [92]

Answer: True

Explanation: An intimate homicide is a fatally violent attacked caused by someone who is in a deeply personal relationship with the victim. It is important to note that this can be a current relationship or a past one. The main motives of this type of murder are usually because of anger for whatever they feel the victim has done or made them feel, as revenge on the victim because they believe the victim has wronged them, or for some form of profitable gains such as claiming the victim's life insurance.

7 0
3 years ago
In 2019, Jamie earns $7,000 in net investment income and incurs $12,000 of investment interest expense. What is the maximum amou
Katen [24]

Answer:

nothing to be carried forward to next year $7,000 deductible this year;

Explanation:

Investment income is a return on the investment. Interest Expense is the amount of interest paid on the investment amount taken as a loan. The maximum amount to be adjusted as an expense against investment income is the amount of Investment income. Expenses no more than investment income will be adjusted. Nothing to be carried forward to next year.

8 0
3 years ago
A company's product sells at $12 per unit and has a $5 per unit variable cost. The company's total fixed costs are $98,000. The
lara31 [8.8K]

Answer:

The contribution margin per unit is $7

Explanation:

The contribution margin per unit can be defined as the difference between the selling price per unit and the variable cost per unit.

Contribution margin per unit = Selling price - Variable cost

Contribution margin per unit = $12 - $5

Contribution margin per unit = $7

The contribution margin per unit is $7

6 0
3 years ago
Is there a trade-off between standardization and innovation? how are the two related in most companies?
Dmitry_Shevchenko [17]
Standardization and innovation play critical roles in the development of goods and services. Standardization allows for a stabilized starting point in which to move forward and develop other goods and services which is related to innovation. Standardization provides stability, a known factor which can be relied upon, whereas innovation is riskier and may not come to be successful endeavor. However, like all risk, that is the payoff for the investment in innovation, for if the innovative good or service can be successfully brought to market, the dividends for a payout can be well worth it.
5 0
3 years ago
As part of your plan to lead the change effort to increase team productivity, you want to build momentum by generating short-ter
Murljashka [212]

Answer: Visible to senior leadership but not lower levels of the organization

Explanation:

Most short term wins are not visible to senior leadership, but are obvious to lower levels of the organization. The senior leadership wants results at the end of a business day and may not recognize the efforts that have been put in place by lower level of the organization for the progress that is noticeable so far.

3 0
3 years ago
Other questions:
  • I need help please ❤️
    11·1 answer
  • QUESTION 1
    13·1 answer
  • Which is an example of a long-term goal? Group of answer choices I will pay my cell phone bill on time this month. I will train
    12·1 answer
  • How many schools in plano
    15·1 answer
  • Adam smith suggested that increase competition will allow prices to be kept
    15·2 answers
  • Can someone pls answer this economics question? (ignore that i have b selected)
    12·1 answer
  • The balance sheet indicates what an organization owns or controls and the various sources of the funds used to pay for these ass
    8·1 answer
  • Test II. Mag-kompyut tayo.
    6·1 answer
  • Is computer assembly a good job for a teenager? What is his income?
    10·1 answer
  • Little LampLighter Inc has a book value of $10 million in debt; its bonds are trading at $900 and there are 11,000 outstanding.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!