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
What is the difference between important and determinant attributes in consumer purchase decision, especially when purchasing se
nasty-shy [4]

Answer:

Importance. Determinant attributes are important because consumers use them to determine from which competitor they make a purchase. ... However, they usually evaluate determinant attributes that are most important for a particular buying decision, whether its one or three attributes.

Explanation:

5 0
3 years ago
On November 1, 2015, Elli Company declared a dividend of $3.00 per share. Elli Company has 20,000 shares of common stock outstan
Artemon [7]

Answer:

Option (b) is correct.

Explanation:

The Journal entries are as follows:

(i) On November 1, 2015

Retained Earnings [$3 × 20,000] A/c    Dr. $60,000

To Dividend Payable                                                   $60,000

(To record the declaration of dividend)

(ii) On November 30, 2015

Dividend Payable  A/c     Dr. $60,000

To cash A/c                                             $60,000

(To record the payment of dividend)

3 0
3 years ago
8. most security threats come from inside an organization. (points : 2) true false
topjm [15]
True. Because they have access to the defense.
4 0
3 years ago
Read 2 more answers
If you invest $475 per month for a period of 30 years, earning 10.2% (annual), how much will you have at the end of the period?
hjlf

Answer:

idk

Explanation:

6 0
2 years ago
Suppose a plaintiff hires a lawyer to represent her in a court case. The lawyer will receive a share of the settlement if the pl
UNO [17]

Answer:

Answer B

Explanation:

Plaintiff attorney is the last resource for the damaged or injured party, that he/she can turn to. They usually represent those who suffered as a result of someone else's negligence and in the process cover all the costs and expenses of the trial. They cover all the financial costs in exchange of portion of Final verdict or settlement.

3 0
3 years ago
Other questions:
  • If the owner of a company withdrew 200 during a period the closing entry for the owner withdrew account would show a
    6·1 answer
  • Which of the following is not a basic consumer right?
    14·2 answers
  • Retained earnings:40)A)Generally consists of a company's cumulative net income less any net losses and dividends declared since
    8·1 answer
  • Abraham drinks Mountain Dew. He can buy as many cans of Mountain Dew as he wishes at a price of $0.55 per can. On a particular d
    11·1 answer
  • Mutual funds Group of answer choices provide diversification. Shareholders assume all of the risk associated with the mutual fun
    9·1 answer
  • ​KFC's "Buckets for the​ Cure" program, which donated​ $0.50 for every​ $5 "pink" bucket of fried chicken purchased over a​ one-
    13·1 answer
  • At the end of the month, you have only $10 left in your checking account. You deposit your $200 pay­check from your part-time wa
    6·1 answer
  • What is bad customer service ? with example​
    9·2 answers
  • How can business help in solving social problem​
    6·1 answer
  • In which situation would a savings account be the be investment to earn interest
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!