Question 2 of 10

Global use of cell phones grew rapidly between 1989 and 2000. below is a scatterplot of the percentage of people in the world wh

Minchanka [31]

Answer:

Explanation:

A)

The regression equation is,

ln(Cell Phone Subscribers) = -820.894 + 0.411704 Year

or,

Percent of Cell Phone Subscribers = exp(--820.894 + 0.411704 Year)

For the year 2005,

Percent of Cell Phone Subscribers = exp(--820.894 + 0.411704 * 2005)

= 96.79%

B)

P-value for the significance of the slope is very low (0.000). Thus, the model is statistically significant and the prediction of the model is highly reliable.

5 0

4 years ago

A product enters the maturity phase of the life cycle, during which sales are strong but growth is slowing. What product managem

IrinaVladis [17]

Answer: Trying to improve the product’s performance

Explanation:

3 0

3 years ago

A management trainee rotates through four of her company's six divisions in a year. Her rotation is determined by random selecti

vlabodo [156]

The Mangement trainee is undergoing Job Rotation

Explanation:

Job Rotation is the process of Randomly selecting people and exposing them to the various departments of the organization.
This technique is adopted by various companies to deal with issues like job stagnation, Job Frustration,Randomness issues,High employee turnover rate .
This technique is also helpful to the organization as it helps in creation of a Talent base with Multi-Tasking Ability

3 0

3 years ago

Suppose you are committed to owning a $185,000 ferrari. if you believe your mutual fund can achieve an annual return of 10.5 per

Tresset [83]

Answer: I must invest $68,163.04 today to buy a Ferrari 10 years from now.

We can interpret the data in the question as follows.

We need $185000 after 10 years, so this is the Future Value of an investment made today. We have to calculate the amount to be invested.

We need to use the Present Value formula in order to find the amount to be invested.

The formula is :

$\mathbf{PV = \frac{FV}{(1+r)^{n}}}$

Substituting the values we get,

$\mathbf{PV = \frac{185000}{(1+0.105)^{10}}}$

$\mathbf{PV = \frac{185000}{2.714080847}}$

$\mathbf{PV = 68163.03952}$

5 0

3 years ago

What is meant by assessment? Activities that occur between two or more businesses. Provides services for connecting network reso

stiks02 [169]

Answer:Documenting rules, procedures, and guidelines to be tested against a system.

Explanation:

Assessment means to analyzing someone or something in respect of its quality, quantity and other such characteristics. Generally, assessment is done by comparing the actual results with some predetermined criteria .

Assessment is done by firms to know whether there is a problem, where it is and how it can be solved so that future losses could be saved.

Hence from the above we can conclude that the correct option is C .

6 0

3 years ago