Answer: The manager should include 7 independent variables in her multiple regression analysis .
Explanation:
Given : The manager wants to forecast annual sales revenues of snekers of different categories.
The given categories are :-
Sports , color , gender.
Also when we have a categorical variable that assumes n different divisions then the number of dummy explanatory variable for multiple regression will be n-1.
Number of types of sports = 3
⇒ Number of dummy variables for types of sports = 3-1 =2
Number of types of color = 5
⇒ Number of dummy variables for types of color = 5-1 =4
Number of types of gender = 2
⇒ Number of dummy variables for gender = 2-1 =1
Now, the total number of independent variables = 
Hence, the manager should include 7 independent variables in her multiple regression analysis .
Answer:
$19.95
Explanation:
Breakeven is where when total Cost = Total Revenue,
Let Selling Price = X
Total Revenue = Total cost
X*800 = 10,600+6.70*800
800x = 15960
Hence, selling Price(X) = 15960/800 = $ 19.95
Answer: machines; new technologies
Explanation: A number of factors all coalesced into the great depression of 1929. This was a time followed by the swing era (1933 - 1947)— the period of time when big band swing music was the most popular music in the US. However, there were a variety of economic changes in great depression that helped Americans cope with the undue hardship caused by the depression and the war that followed. At this time of slow growth, American labor industries increasingly turned to machines and new technologies to enable the economy run more efficiently which helped saved time in producing goods or delivery of services, contributing to the overall profits of the American businesses. It also contributed to the efficiency of a business's output rate, allowing for larger quantities of products to be moved or of services to be rendered.
Answer:
The correct answer is letter "B": SWOT's focus on the external environment is too broad and integrative.
Explanation:
The SWOT analysis is a study of the internal and external factors that influence companies' operations and from which the entity can take advantage of or steps to control risks. The <em>internal factors</em> are the Strengths and Weaknesses while the <em>external components</em> are the Opportunities and Threats of the firm.
<em>The SWOT's focus on the external environment is broad and integrative but such characteristic represents an advantage not a limitation of this strategic study.</em>
Answer:
73 years
Explanation:
To solve this problem, we can use the formula for the annual compound interest, which is:
where:
A is the final amount after time t
P is the principal
r is the rate of interest
t is the time
In this problem, we have:
is the principal
is the interest rate (5.5%)
We want to find the time t at which the amount of money is
A = $100,000
Therefore, we can re-arrange the equation and solve for t:
So, it will take 73 years.
