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san4es73 [151]
3 years ago
11

Mary used a sample of 68 large U.S. cities to estimate the relationship between Crime(annual property crimes per 100,000 persons

) and Income (median annual income per capita, in dollars). Her estimated regression equation was Crime = 428 + 0.050 Income. If Income decreases by 1000, we would expect that Crime will:
decrease by 50
Go up by 428
increase by 50
Remain unchanged
Business
1 answer:
Archy [21]3 years ago
3 0

Answer:

Decrease by 50.

Explanation:

Estimated regression equation was:

Crime = 428 + 0.050 Income

Above regression equation says that if there is an increase in the income level by $1 then as a result crime increases by 5% which shows that there is a direct relationship between the income level and crime level.

Hence, if Income decreases by 1000, then we would expect that Crime will decreases by:

= 0.050 × 1,000

= 50

Decrease by 50.

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Answer:

b) To the manufacturing sector exclusively.

Explanation:

Operations management

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The operations management team attempt to balance out the cost with the revenue in order to get the highest net operating profit possible .

It is exclusive to the manufacturing sector only .

4 0
3 years ago
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Marianna [84]

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Answer:

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Explanation:

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7 0
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A negative relationship between the quantity demanded and price is called the law of ________.
vlabodo [156]
Demand

I hope it helped you!
7 0
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Other things the same, an increase in the U.S. interest rate causes U.S. net capital outflow to a. rise, so supply in the market
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Answer:

b. rise, so demand in the market for foreign-currency exchange shifts right.

Explanation:

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