<span> Before that, support for the elderly wasn't a federal concern - it mostly fell to states, towns and, of course, families.</span>
Answer:
C. This variable is categorical
Explanation:
A categorical or discrete variable is one that has two or more categories (values). There are two types of categorical variable, nominal and ordinal.
A nominal variable has no intrinsic ordering to its categories. For example, gender is a categorical variable having two categories (male and female) with no intrinsic ordering to the categories.
An ordinal variable has a clear ordering. For example, temperature as a variable with three orderly categories (low, medium and high).
Hence, the variables used in this scenario is an ordinal variable because it has a clear ordering.
Answer:
c. $45
Explanation:
Transfer price is the price charged for a product which is transferred to other department/ division / subsidiary of same company / group. The minimum selling price in the absence of any excess capacity is the price available in the market, because the company has demand for the product and it does not lost the sale if transfer not takes place. The product can be sold in the market. So the Transfer price should be $45.
1 million!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
