Dummy or indicator variables typically are values of zero or one and are used to model the effects of different levels of qualitative variables. A qualitative variable, also referred to as a category variable, is a non-numerical variable. It describes information that can be categorized.
Examples include: Eye color (variables include: blue, green, brown, hazel). Qualitative variables, also referred to as category variables, are variables without a built-in notion of hierarchy. As a result, they are quantified using a numerical scale. A qualitative variable is, for example, hair color (Black, Brown, Gray, Red, Yellow). Numerical variables are the subject of quantitative data.
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Answer:
Im not 100% sure but the answer is C
Explanation:
Nobody understands maths and if you do you were sent from heaven
The notable difference between the one-way (Linear), Interactive and Transactional models of the human communication process is as below:
The one-way communication model has the sender encoding a message to be sent via a channel to the receiver in the presence of noise but the model does not display the feedback which represents the continuous exchange of information. This communication is primarily representing mass communication.
In the case of the interactive model, there is the interaction between the sender and the receiver which is a key element of communication and is a two-way process.
Whereas in the case of the transactional model, the communication does not indicate a sender or a receiver. But the model labels the interlocutors as communicators A or B. This model is represented by face-to-face communication and both the sender and the receiver can work simultaneously in which messages can be sent back and forth between communicators.
The transaction model is the most complete form of communication as it
· Allows both sender and receiver to work simultaneously.
· Difficult to trace the origins of a message, so this implies that it does not show elements of sender-receiver
· It is more circular rather than linear or half a circle, since what is important in the cyclicality is the interpretation of the messages rather than the decoding of the messages. Both the sender and roles are swappable between the communicators as it represents the best form of face-to-face communication.
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Answer:
Decrease by $12,000.
Explanation:
Sales = $215,000
Variable expenses = $125,000
Contribution margin = $90,000
Fixed expenses = $130,000
Current net income = -40000
(loss)
Unavoidable fixed expense = 40% of Fixed expenses
= 130,000 × 40%
= $52,000
Net income = 0-52000= -52000
Change in net income = -52000 - (-40000)
= -12000
Therefore, the company’s net income will decrease by $12,000.