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kondaur [170]
3 years ago
5

Crime-related and demographic statistics for 47 US states were collected from government agencies, including the FBI's Uniform C

rime Report. One analysis of this data found a strong connection between education and crime indicating that higher levels of education in a community correspond to higher crime rates. Which of the potential problems with samples discussed below could explain this connection?
Business
1 answer:
Korolek [52]3 years ago
7 0

Answer:

The potential problem with samples that could explain this connection is:

Causality.

Explanation:

There are different problems with samples and sampling, including sampling bias, sample size, and explaining causality between two variables.  Sometimes, small sample sizes can be used to draw conclusions, but the larger the sample size, the better. Likewise, the elimination of sampling bias increases the accuracy of research conclusions.  Most importantly, while a relationship or correlation may exist between two variables, it does not necessarily imply or explain that one variable causes the other.

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Equipment purchased for $85,000 on January 1, 2010, was sold on July 1, 2013 for $30,000. The company uses the straight-line met
gregori [183]

Answer:

B) $59,500

Explanation:

The equipment was purchased for 85,000 and has no salvage value which means that all 85,000 will be depreciated over it lifetime. It has a life of 5 years and because it uses straight line method it means that it will depreciate equally each year. The equipment is bought on JAN 1 2010 and sold on July 1 2013 which means that the equipment is used for 3.5 years and in order to find its depreciation we will divide 3.5 by 5 and multiply it by 85,000.

3.5/5*85,000=59,500

4 0
3 years ago
A quantity of inventory that provides protection against lost sales caused by unfulfilled demands from customers is called:_____
s2008m [1.1K]

Answer:

e) Safety stock.

Explanation:

The term that describes this form of safety-net for companies is called safety stock. Companies tend to have this in order to be able to maintain their business flow as efficiently as possible in case there are unforeseen increases in demand. Otherwise, if demand drastically increases and they do not have this safety stock the company will run out of stock immediately and lose out on sales as they wait for more stock to arrive, which can also cause that stock to sell out immediately due to the backed-up demand, which can lead to the business buying backed up for months.

5 0
3 years ago
What is the formula managers use to calculate their other expense costper guest? other expense (x) number of guests served = oth
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other  expense cost per guest n</span>umber of guests served <span>(÷) other expense =</span>
5 0
4 years ago
One factor that influences demand is a consumer ability to buy a good. What is required for a consumer to have the ability to pu
Zinaida [17]
Motivation
The amount of income
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Needs and interest groups affect and tend to persuade the consumer to buy certain goods
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4 years ago
Once production is completed in all processing departments, production costs are transferred to ______.
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The answers is finished goods
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