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Volgvan
3 years ago
11

If the coefficient of correlation is a positive value, then______________.

Business
1 answer:
Alex73 [517]3 years ago
3 0

Answer:

The correct answer is letter "E": None of these answers is correct.

Explanation:

The correlation coefficient (ρ) is a method to measure how strong is the relationship between variables. The relationship will fluctuate between numeric value (-1) and (1). If the correlation is greater than (0) the correlation is <em>positive </em>and when it is lower than (0) the correlation is <em>negative</em>. If the value equals (0) there is no correlation.

Plotted in a graph, <em>when a correlation is positive the slope of the regression is positive (shifts to the right). When the correlation is negative the slope of the regression is negative (shifts to the left).</em>

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Selected transactions for Sheridan Company are presented below in journal form (without explanations).
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5+55+125+15=555555555....

8 0
3 years ago
Which tool of monetary policy allows the Federal Reserve to increase the
Alexeev081 [22]

Answer:

C. Reducing the reserve requirement on banks

Explanation:

The Federal Reserve( Fed) expects commercial banks to maintain a percentage of customer deposits in their custody. The amount that the banks keep is known as reserves. The Fed sets the percentage of deposits to be held as reserves. The Fed may adjust this percentage in line with its monetary objectives.

By reducing the reserve requirements percentage, commercial banks remain with a bigger portion of deposits that they lend out. It means banks will issues out more loans to customers. An increase in lending adds more money to the economy. Reducing the reserve requirement increases the money supply in the country.

3 0
4 years ago
Assume that a​ firm's marginal cost is​ $10 and the elasticity of demand is minus2. We can conclude that the​ firm's profit-maxi
inysia [295]

Answer:

Option A. $20

Explanation:

Marginal cost be MC, marginal revenue be MR and . We know that

MR = ∆TR ÷ ∆Q

or

MR = (P∆Q+Q∆P) ÷ ∆Q

Here,

P is Profit-maximizing price

or

MR = (P∆Q ÷ ∆Q) + (Q∆P ÷ ∆Q)

or

MR = P + (Q∆P ÷ ∆Q)

we can also write the above equation as

MR = P + P(\frac{Q}{P})(\frac{\Delta P}{\Delta Q})

also,

Price elasticity of demand PED =  (\frac{Q}{P})(\frac{\Delta P}{\Delta Q})

or

MR = P + [ P ÷ (PED) ]

We know MR = MC

Therefore,

MC = P +  [ P ÷ (PED) ]

(P − MC) ÷ P = −1 ÷ PED

Substituting the values provided in the question

MC = $10

PED = -2

we get

P = [ PED ÷ (1 + PED)] × MC

P = ( -2 ÷ -1) × 10

or

P =$20

hence,

Option A. $20

7 0
3 years ago
Why is education base of an occupation? Explain.​
irga5000 [103]

Occupational education refers to a total program of education oriented to the world of work. Occupational education should be gin to take form in the elementary school with a basic introduction to the world of work in terms appropriate to the maturity level of the students.

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3 years ago
Suppose the government finds a major defect in one of a company's products and demands that the product be taken off the market.
Shkiper50 [21]

Answer:

a. demand for existing shares of the stock and the price will both fall.

Explanation:

The stock price is formed by the interaction of supply and demand of companies's shares and when a news like this is released is expected that the future cashflows of that company will drop. Being share buyers rational actors, the demand for the company's shares will drop, therefore the price of the company will drop as well.

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3 years ago
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