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
Margaret [11]
3 years ago
14

Each month a bank adjusts the initial interest rate it offers to customers who wish to open a new high-yield savings account. Th

e bank wants to determine if there is a relationship between the initial interest rate and the average daily number of new savings accounts. The bank plans to use the interest to predict the average number of new savings accounts opened in a month. Which one of the following statements is correct?
a. Both the interest rate and the average daily number of new accounts are explanatory variables.
b. Both the interest rate and the average daily number of new accounts are response variables.
c. Average daily number of new accounts is the response variable. Interest rate is the explanatory variable.
d. Interest rate is the response variable.
e. Average daily number of new accounts is the explanatory variable.
Business
1 answer:
Ilia_Sergeevich [38]3 years ago
5 0

Answer:

The corect option is C)

In the case study above, the Average daily number of new accounts is the reponse variable while the Interest rate is the explanatory variable.

Explanation:

Response variables are factors which are being observed to see how and whether or not they change. They are usually susceptible to "stimuli" or "stimulus".

Explanatory Variables, on the other hand, are the "stimuli" or "stimulus" in the equation. They are the factors in the equation which may or may not affect the response variable. When plotting graphs the former is situated on the Y-Axis and the latter on the X-Axis.

Cheers!

You might be interested in
An important marketing metric used to evaluate how well firms perform on the five service quality dimensions is the __________,
Pavlova-9 [17]

Answer:

<u>Zone of tolerance</u>

Explanation:

Zone of tolerance with respect to a service refers to, the acceptable range to a customer, that lies between the perceived desired level of service expected and the minimum level of service acceptable.

The service which the customer anticipates or expects to be delivered by a firm is referred to as predicted service.

Customer expectations do not depict a single level of expectation, rather they follows a range of expectations. This range is represented as zone of tolerance.

If the service received lies in the zone of tolerance, the customer would be satisfied. If it is higher than the desired level, the customer would consider it exceptional.

In case the service received falls below the minimum level of acceptance, the customer would be disappointed and feel deceived or tricked.

4 0
3 years ago
Vhich of the following is a description of a pullback device?
MrMuchimi

Answer:

Explanation:

A

8 0
3 years ago
Which of these types of buildings would not be found on the plaza principal?
scoundrel [369]

The Answer is 

"<span>family homes "

</span>

<span>“Family homes” would not be found on the plaza principal. However the other two types i.e. municipal building as well as cathedrals will be found on plaza principal. The common events or activities found at the plaza principal are fiestas or festivals and meeting with friends.</span>

3 0
3 years ago
Sole Purpose Shoe Company is owned and operated by Sarah Charles. The company manufactures casual shoes, with manufacturing faci
grandymaker [24]

Answer:

Sole Purpose Shoe Company

The reason for Sarah to want to use standard costs to compare with her actual costs is:

A) Management can evaluate the differences between standard costs and actual costs to focus on correcting the cost variances.

Explanation:

Standard costs provide a control technique for evaluating the Sole Purpose Shoe Company's performance at three levels: a standard performance level, a measure of actual performance, and a measure of the difference (variance) between standard and actual costs.  Sarah will use the variance resulting from the comparison of standard costs with actual costs to measure the non-financial performance of the entity.

7 0
3 years ago
What are the limitations of gdp and gnp
shutvik [7]

The limitations of GDP. GDP is a useful indicator of a nation's economic performance, and it is the most commonly used measure of well-being. However, it has some important limitations, including: The exclusion of non-market transactions.

7 0
4 years ago
Read 2 more answers
Other questions:
  • Which best describes the benefits of renting a home?
    9·1 answer
  • Choose five of the ethical behaviors (enthusiasm, quality, cooperation, productivity, and safety) and post five rules that you w
    6·1 answer
  • HELP ASAP!! What process includes sending rough drafts to the client for approval?
    14·1 answer
  • Kim works for a clothing manufacturer as a dress designer. She travels to New York City to attend five days of fashion shows and
    7·1 answer
  • The balance sheet of Indigo Company at December 31, 2019, includes the following. Notes receivable $54,600 Accounts receivable 1
    7·1 answer
  • Many economists believe that the market for wheat in the United States is an almost perfectly competitive market. If one firm di
    13·1 answer
  • ¿Creen que el empleador puede rebajarle el sueldo? ¿Por que?<br><br> Responder rápido plissss
    8·1 answer
  • What is the Total expected equity financing for Amazon’s purchase of Walmart, at the assumed 50-50% equity and debt financing de
    8·1 answer
  • Simone is the only provider of pumpkins for three cities. Because she has her own large garden, the marginal cost to produce an
    9·1 answer
  • The u.s. bureau of labor statistics has a website that can be of great help when researching careers. it contains many types of
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!