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Serga [27]
2 years ago
5

Assume that the relationship between test scores and the student-teacher ratio can be modeled as a linear function with an inter

cept of 698.9 and a slope of (-2.28). A decrease in the student teacher ratio by 2 will:A) reduce test scores by 2.28 on averageB) result in a test score of 698.9C) reduce test scores by 2.56 on averageD) reduce test scores by 4.56 for every school district
Business
1 answer:
lianna [129]2 years ago
5 0

Answer:

The correct option is D) reduce test scores by 4.56 for every school district.

Explanation:

Based on the information in the question, the relationship between test scores and the student-teacher ratio can be mathematically written as follows:

x = 698.9 - 2.28y .................... (1)

Where,

x = test scores

y = student-teacher ratio

The a slope of (-2.28) indicates the amount by which x will change whenever there is a change in y.

Therefore, when there is a decrease in the student teacher ratio by 2 (i.e. y = 2), we will have:

Change in x = -2.28 * 2 = -4.56

The negative sign therefore indicate that the test scores will reduce by 4.56 for every school district. Therefore, the correct option is D) reduce test scores by 4.56 for every school district.

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Ralph has worked as a model builder at Snowdrop Architects for 30 years. He gets laid off, and the firm then hires Charlotte, wh
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Answer: Ralph does not have a good claim against Snowdrop, because age was not the deciding factor in Snowdrop’s decision to lay off Ralph.

Explanation: The reason for the firm laying off Ralph is vague and not explicitly stated. Therefore Ralph cannot make a claim against Snowdrop for laying him off due to his age.

5 0
3 years ago
An increase in nominal GDP Group of answer choices is both per capita and absolute real economic growth. is per capita real econ
Anon25 [30]

Answer:

does not necessarily mean either absolute or per capita real economic growth.

Explanation:

Nominal GDP can increase due to high inflation, and that is not real growth since the purchasing power of individuals, businesses and the government doesn't grow. Real GDP growth would mean absolute economic growth.

The GDP per capita measures the GDP divided by the total population of a country, so the nominal GDP or real GDP could grow, but if that growth is less than the population's growth, then the nominal and real GDP per capita will still decrease.

7 0
3 years ago
Assume that you hold a well-diversified portfolio that has an expected return of 11.0% and a beta of 1.20. You are in the proces
sergey [27]

Answer:

The expected return and beta on the portfolio be after the purchase of the Alpha stock will be 11.20%; 1.23

Explanation:

Provided data;

90000 value portfolio with expected returns of 11% and beta of 1.20

($10 × 1000) = 10000 value Alpha Corp added with expected returns of 13% and beta of 1.50.

The new expected portfolio return =

rp = 0.1 × 13% + 0.9 × 11%

rp = 0.1 × 0.13 + 0.9 × 0.11

= 11.20%

The new expected portfolio beta =

bp = 0.1 × 1.50 + 0.9 × 1.20

bp = 1.23

7 0
3 years ago
A company uses 2,500 per year of a certain subassembly that has an annual holding cost of $40 per unit. Each order placed costs
garri49 [273]

Answer:

a. 136.93 units

b. $2,783.60

c. $2,783.63

d. 60 units

Explanation:

a. The computation of the economic order quantity is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

= \sqrt{\frac{2\times \text{2,500}\times \text{\$150}}{\text{\$40}}}

= 136.93 units

b. The annual holding cost is

= Economic order quantity ÷ 2  × holding cost per order

= 136.93 units ÷ 2 × $40

= $2,738.60

c. The annual ordering cost is

= Annual demand ÷ economic order quantity  × ordering cost per order

= $2,500 ÷ 136.93 units  × $150

= $2,738.63

d. The reorder point is

= Demand × lead time + safety stock

where, Demand equal to

= Expected demand ÷ total number of days in a year

= 2,500 ÷ 250 days

= 10

So, the reorder point would be  

= 10 × 6 + $0

= 60 units

We simply applied the above formulas

6 0
3 years ago
During the spring and summer of 2016, when gasoline prices were rising quickly, politicians in several countries proposed and a
vaieri [72.5K]

Answer:

consumers would find it cheaper to buy gasoline

Explanation:

In the short run a tax cut or tax suspension as we have In this question is able to increase demand because it increases peoples disposable income. This tax cut of $0.4 would remove burden on gasoline consumers. By removing the tax on gasoline the price of gasoline would become lower and consumers would find it easier and cheaper to purchase

5 0
3 years ago
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