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
Ahat [919]
3 years ago
11

A researcher at a large company has collected data on the beginning salary and current salary of 48 randomly selected employees.

Business
1 answer:
alisha [4.7K]3 years ago
3 0

Answer:

$2252.7

Explanation:

Residual is calculated by taking the difference of observed and predicted value.

The regression equation is

y= - 2532.7 + 2.12 x.

Where, y is the current salary and x is the beginning salary.

Mrs. Kathy Jones beginning salary= $19,000.

Mrs. Kathy Jones observed current salary= $40,000.

Residual for Mrs. Kathy Jones=Mrs. Kathy Jones observed current salary-Mrs. Kathy Jones predicted current salary.

Mrs. Kathy Jones predicted current salary

y^=  - 2532.7 + 2.12 (19000)

y^=  - 2532.7 + 40280

y^=37747.3

Mrs. Kathy Jones predicted current salary =$37,747.3

Residual for Mrs. Kathy Jones= $40,000-$37,747.3

Residual for Mrs. Kathy Jones=$2252.7

The residual for Mrs. Kathy Jones is $2252.7.

You might be interested in
Suppose Alphonso’s town raised the price of bus tickets to $1 per trip (while the price of burgers stayed at $2 and his budget r
solong [7]

Answer:

(attached graph)

The increase in the ticket price makes the budget line slope to decrease. There will be less ticket available for Alphonso.

The increase in the bus tickets makes the opportunity cost of the hamburger to decrease as now, consuming an hamburger will make Alphonso renounce to a lesser amount of bus tickets. As the the opportunity cost is the goods or services we don't consume in favor for those we do.

Explanation:

4 0
3 years ago
What is Benartzi's solution to all of these behavioral challenges that effect personal finance? How does improved personal finan
prohojiy [21]
A leading behavioral economist shows how businesses can improve consumer thinking and decision making on screens. acclaimed behavioral economist shlomo bernatzi reveals a toolkit or interventions for the digital age. using provocative case studies and engaging reader exercises.
7 0
3 years ago
You and two partners start a company. However, your partners play no role in running the company. You spend all your time managi
GalinKa [24]

Answer:

The correct answer is letter "D": Opportunity cost.

Explanation:

Opportunity cost is described as the return of the choice selected over the potential return that could have been obtained from the choice left  behind. It represents the return of the option chosen compared to the choice forgone. Opportunity costs is also defined as the return of the best next available option.

4 0
3 years ago
Nirav just opened a savings account paying 2 percent interest, compounded annually. After four years, the savings account will b
nlexa [21]

Nirav recently opened a savings account offering 2% annual compound interest, this means that Nirav will earn the same amount of interest each year for four years.

<h3>What is a saving account?</h3>

An account at a retail bank is formally called as a savings account. This is a type of account that person granted a person that his money is safe in a particular bank. Refer to the image below for the complete question.

The given case tells about that <u>what would be the impact</u> of savings account offering 2% annual compound interest on Nirav, then he will earn the same amount of interest compounded each year for four years.

Learn more about the interest, refer to:

brainly.com/question/1040694

#SPJ1

3 0
1 year ago
What is a cash book used for?​
Alinara [238K]

Answer:

to keep track of all business transactions in case of an audit

8 0
2 years ago
Read 2 more answers
Other questions:
  • Easton Pump Company’s planned production for the year just ended was 19,300 units. This production level was achieved, and 20,60
    5·1 answer
  • How have airplanes changed the way the world does business/9768586/651e9934?utm_source=registration
    14·1 answer
  • The law of comparative advantage explains why a. specialization and exchange will make it possible for trading partners to expan
    9·1 answer
  • As the Choice and Consequence box on​ "Too Big to​ Fail" notes, bank regulators worry about the prospect of the failure of large
    13·1 answer
  • Sweet Corporation owns machinery that cost $22,000 when purchased on July 1, 2017. Depreciation has been recorded at a rate of $
    5·1 answer
  • Alex Meir recently won a lottery and has the option of receiving one of the following three prizes: (1) $94,000 cash immediately
    15·1 answer
  • The Federal Reserve buys $38.00 million in Treasury securities. If the required reserve ratio is 30.00%, and all currency is dep
    12·1 answer
  • Mini-Case Nolan and Sadie have just opened a new restaurant on the edge of town, Cajun Kitchen. They own the land and building a
    12·1 answer
  • What problems might arise from having the team organized in this structure?
    6·1 answer
  • Once the information is complete and conclusions are made, then management can make more confident business decisions. This is p
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!