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telo118 [61]
3 years ago
14

For each additional room in the house, we estimate the appraised value to increase $74,800. For a house with 0 rooms, we estimat

e the appraised value to be $74,800. For each additional room in the house, we estimate the appraised value to increase $17,800. For each additional dollar of appraised value, we estimate the number of rooms in the house to increase by 17.80 rooms.
Business
1 answer:
nikklg [1K]3 years ago
4 0

Answer:

Answer is explained in the explanation section below.

Explanation:

Note: This question is incomplete and lacks necessary data to solve. Because, it contains only the options of the real question and the real question itself is missing. However I have found that real question. And will be choosing the right option from the given choices. And for your reference, I have attached the real question in the attachment below.

Solution:

The correct option for this question is:

For each additional room in the house, we estimate the appraised value to increase $17,800.

As this is the regression equation question.

y = βo + β1x

The intercept of the line βo = 17.80

Because the intercept of the regression model with the sample of n = 74 is 17.80, so the appraised value to increase is $17800.

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now i hope this helps you

3 0
2 years ago
TravelLite and FareLine compete as online travel agencies. Historically, TravelLite has focused more on flights, whereas FareLin
DENIUS [597]

Answer:

16.80% and 39.43%

Explanation:

The formula to compute the net profit margin is shown below:

Net profit margin = Net income ÷ Total revenues × 100

For Travel lite, the net profit margin is

= $1,080 ÷ $6,430 × 100

= 16.80%

And, for fare line, the net profit margin is

= $3,020 ÷ $7,660 × 100

= 39.43%

By dividing the net income or net profit by the total revenues we can get the net profit margin or we can say it is profit percentage that is earned by the company

It is always expressed in percentage

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