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Brums [2.3K]
4 years ago
11

You have developed the following linear regression output from the promotion data on the left of the regression output. Your bos

s decides that a "Go big or go home" strategy is appropriate to penetrate the market. He asks the question "what kind of sales can we expect if we spend $900K on advertising and price our computers at $89
Business
1 answer:
Dima020 [189]4 years ago
6 0

Answer:

$16,977

Explanation:

For x1 = 900, x2 = 89:

Predicted value of sales = 46334.29 + 12.43411*900 - 455.596*89 = $16977

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What are some of the reasons that work teams have become more prevalent in todayâs organizations? How do they provide a competit
iris [78.8K]

Answer: working as a team sets up organizations for outstanding success and Improvement of team members

Explanation:

Working as a team has been a great help for most organizations. It's been realized that success experienced by many firms has been a result of what the teams accomplished when they worked together on a project, here are some reasons why they become prevalent;

1) Unity is being fostered within their activities, everyone is able to understand each other and know how to cooperate with the other

2) Productivity and efficiency is usually on the high as teams that work together put in a lot of energy to be productive in many efficient ways

3) There is an opportunity to learn from the group, thereby improving the skills of everyone on the group

They provide a competitive advantage when they work together, with everyone's effort, progress, success and achievement's are bound to occur.

3 0
4 years ago
An economy produces only 500,000 tables valued at $100 each. Of these, 100,000 are sold to consumers, 200,000 are sold to busine
torisob [31]

Answer:$ 50 million

Explanation:

We know GDP is calculated as the sum of consumption spending(C),Investment spending(I),Government spending(G) and net export(X).

Here

  • Consumption spending=100,000\times 100=\$10 million
  • investment spending=200,000\times 100=\$20 million
  • Government spending=100,000\times 100=\$10 million
  • $5 million worth tables are sold abroad
  • no tables are imported.

At the end of year

GDP=C+I+G+X-M

GDP=10+20+10+5-0=$45 million

and the remaining 50,000 table worth of $5 million in inventory goes to the investment made by private sector

thus value of GDP is $ 50 million.

4 0
3 years ago
How would potential customers most likely self-identify as your target customers?
umka21 [38]

Here are some tips to help you define your target market.
Look at your current customer base.
Check out your competition.
Analyze your product/service.
Choose specific demographics to target.
Consider the psychographics of your target.
Evaluate your decision.
Additional resources.
4 0
2 years ago
Eric enjoys making pizza. when he makes pizza for his friends, sometimes eric cares about how the pieces are distributed, and so
Tamiku [17]

To answer the question we can look at the definitions of both "efficiency". and equity", and decide which action falls under what category:<span>
Efficiency is the quality to successfully finish a job without wasting any time or resources, by this definition when Eric does not care about how the pieces are distributed, he is showing efficiency, not wasting time or energy to distribute, but finishing the distribution.
Equity means the ability to be partial or fair with all, when Eric cares about how the pieces are distributed, he is showing equity.</span>

3 0
3 years ago
A cafeteria serving line has a coffee urn from which customers serve themselves. arrivals at the urn follow a poisson distributi
nalin [4]

Answer:

The answer is 3 customer's per minute.

Explanation:

Arrival date = 3 per minute

Service rate = 11 seconds. = 5.45 seconds.

Average number in system = 3 ÷ (5.45-3)

=  1.3 customers per minute.

=

5 0
3 years ago
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