Answer:
C. What is the relationship between salary, measured in dollars, and age, measured in years?
Explanation:
Qualitative descriptive statistic will provide an enhanced presentation toward a certain occurrence, but the data is not measured by numbers.
When you see option A, frequencies and percentage is measured by numbers. So we can cross this out.
In option D, means and standard deviations is also measured in numbers.
This only leave us with option C.
Answer:
D. The GII decision style
Explanation:
This is the situation or technique whereby a leader calls his team together seeking ideas and input (brainstorming together) to find solutions to apparent problems facing them. The overall decision of the group brainstorming is what is accepted and used. This is based on the Vroom–Yetton contingency model is a situational leadership theory of industrial and organizational psychology. In the GII decision style, the final decision is no longer the leaders decision again. The leader allows free flow of discussion during the brainstorming session and doesn't impose his will. Here, Adeline calls her staff together to brainstorm a solution to the finished gas problem in front of them.
Answer:
the probability that it was started by a man is 69%
Explanation:
65% companies were started by men
24% of 65% had revenues above $100,000
24% x 65% = 15.6% of the total number of companies started last year had revenues of more than $100,000 and were started by men.
35% companies were started by women
20% of 35% had revenue above $100,000
20% x 35% = 7% of the total number of companies started last year had revenues of more than 100% and were started by women.
total percentage of companies that had revenues above $100,000 = 7% + 15.6% = 22.6%
15.6/22.6 = 69% started by men
7/22.6 = 31% started by women
Answer:
c.$87,400 $(15,700)
Explanation:
Equipment ($89,700- $2,300) $87,400
Cash $2,300
Loss ($105,400 – $89,700) $15,700
Land (book value)105,400
Therefore Assuming that the exchange has commercial substance, the company would record equipment and a gain/(loss) of $87,400 $(15,700)
Answer:
A
Explanation:
Price elasticity of supply measures the responsiveness of quantity supplied to changes in price of the good.
Price elasticity of supply = percentage change in quantity supplied / percentage change in price
If the absolute value of price elasticity is greater than one, it means supply is elastic. Elastic supply means that quantity supplied is sensitive to price changes.
Supply is inelastic if a small change in price has little or no effect on quantity supplied. The absolute value of elasticity would be less than one
The short run is a period where all factors of production are fixed. In the short run, a firm would continue to produce if price is above average variable cost. If this is not the case, it would shut down
The long run is a period where all factors of production are varied. It is known as the planning time for a company
Supply is more elastic in the long run than in the short run because the producer can make adjustments in the long run
