The nation of alpha does not bring seriously the gathering and publishing of its economic statistics. This forms uncertainty about forecasts, causing business firms to invest less.
<h3>What is meant by Business Forecasts?</h3>
Business forecasting is the process of predicting future market circumstances by analyzing historical data using business intelligence tools and forecasting techniques. Forecasting in business can be qualitative or quantitative. The process of predicting changes in a firm, such as sales, expenses, profits, and losses, is known as business forecasting.
Business forecasting aims to create better plans based on these knowledgeable projections, assisting in the prevention of probable failure or losses. The gathering, processing, compilation, dissemination, and analysis of economic data are the topics of applied statistics and applied economics. It has a close connection to econometrics and business statistics.
Hence, The nation of alpha does not bring seriously the gathering and publishing of its economic statistics. This forms uncertainty about forecasts, causing business firms to invest less.
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Answer:
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Explanation:
Answer:
$200,000
Explanation:
Total cost = Fixed cost + variable cost
$200,000 = $100,000 + $100,000
Fixed cost is cost that do not vary with production. E.g. rent
If no production activity takes places, fixed cost would still be incurred.
Variable cost is cost that varies with production e.g. wages
If no production activity takes place, there would be no variable cost.
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Answer:
The best sampling protocol to be used here include <em><u>Random Sampling approach</u></em> to select sites on different reef types from several of the reef complexes.
Explanation:
Random sampling is a part of the sampling technique in which each sample has an equal probability of being chosen.
Simple random sampling is most appropriate when the entire population from which the sample is taken is homogeneous. The sample here is Oyster Density.
Another justification for the use of Random sampling is the size of the population. We are talking about nine reef complexes here. The advantages of a simple random sample include its ease of use and its accurate representation of the larger population.
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Answer:
The finance charge on the September 10 bill is $5.08.
Explanation:
Note: See the attached excel file for the calculation of the sum of total amount owed each day (in bold red color).
From the attached excel file, we have:
Sum of total amount owed each day = $11,675
Average daily balance = Sum of total amount owed each day / Number of days in the billing period = $11,675 / 31 = $376.61
Finance charge = Average daily balance * Interest rate per month = $376.61 * 1.35% = $5.08
Therefore, the finance charge on the September 10 bill is $5.08.