The most important question you should have after seeing this ad about a check cashing business is"
- Why Choose ACE to Cash Your Check?
- No credit check necessary?
- Can I get a written copy of all of the fees that you charge for your services?
<h3>Is a check cashing business considered a financial institution?</h3>
A money service business is one that is seen as a kind of a financial institution that is known to be involved with one or a lot of of the following entities such as:
- Check casher
- Foreign currency dealer, etc.
So, the most important question you should have after seeing this ad about a check cashing business is"
- Why Choose ACE to Cash Your Check?
- No credit check necessary?
- Can I get a written copy of all of the fees that you charge for your services?
Learn more about check cashing business from
brainly.com/question/14017700
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Answer:
The Correlation analysis “R” is measured to compute the strength of relationship among variables. Moreover, the value of correlation is calculated among -1 to +1. Which implies that if the computed value is near to -1 then there will be strong but negative relation and if near to +1 then it is strong but relation among the variable. However zero is consider as neutral point.
A. The computed value of correlation is - 0.772. The value identifies that that there is a strong but negative association among the variables (GDP and infant mortality rate).
B. The correlation analysis cannot computed among the variables continent and GDP because "continent" is a categorical variable not quantitative.
C. The computed value of correlation is higher than 1. Thus, the statement implies that there is a very strong relationship among life expectancy and GDP which is incorrect. As the association cannot be higher than 1.
D. There is a strong relationship among literacy rate and GDP as the relationship is nearer to 1. Furthermore, the association among literacy rate and GDP doesn’t suggest the causation.
E. The computed correlation among the variables is 0.90. Which indicated that the variables goes up. That is, when the GDP goes down the import is also decrease and when GDP increases the import increases Thus, the there is a positive correlation.
Answer and Explanation:
The computation is shown below:
1.
Selling Price = Sales ÷ Units Sold
Current Selling Price = $385,000 ÷ 5500
= $70
Now
Expected Selling Price per unit = $70 + ($70× 10%)
= $77
Now
Expected Sales = 5500 × $77
= $423,500
Now
Net Income = Sales - Variable Cost - Fixed Cost
= $423,500 - $250,000 - $94,000
2.
Sales = $385000
Variable cost = $385,000 × 56% = $215,600
Sales $385,000
Less: variable cost -$215,600
Contribution Margin $169,400
Les: fixed cost -$94,000
Net Income $75,400
As we can see that if there is an increase in Selling Price by 10% so it would produce highest Net Income.
<span>The optium pH level would be an average of these pHs, which is 7. 7 is also the mean, but the solutions of varying pH would eventually neutralize to 7.</span>
Below are the <span> two reasons why the data might not support the hypothesis:
</span><span>
1) The hypothesis was wrong
2) The data is wrong
A hypothesis is a proposed thought that may clarify a perception or marvels. It is confirmed by testing it. In the event that the information bolsters the theory, at that point, we view the speculation as checked and genuine. Assuming, be that as it may, the information does not bolster the speculation or discredits it, at that point the theory is in a bad position, and we need to concoct an alternate speculation to clarify the perceptions.
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