The best way for andrea to build up a diversified portfolio of stocks is; by putting her money into dollar-cost averaging.
<h3>What is dollar-cost averaging?</h3>
Dollar-cost averaging is defined as an investment strategy in whereby the individual periodically purchases target assets or invests in a certain portion of funds in one security.
This therefore tells us that Dollar-cost averaging would reduce the risk tolerance associated with purchasing large stock securities.
Thus, we can recommend dollar cost averaging as the best way for andrea to build up a diversified portfolio of stocks.
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The code chunk that lets the analyst create the phone_number column is: unite(customers, "phone_number", area_code, phone_num, sep="-"
<h3>What is a data frame?</h3>
A data frame refers to a two-dimensional array-like structure or table that is made up of rows and columns, which is typically used for storing data in R Studio using the R programming language.
In Computer programming, a data frame is a list of vectors that are all equal in length, and each column consist of values of one variable while each row consist of a set of values from each column.
<h3>The executable code in R Studio.</h3>
In this scenario, the code chunk that would be used to create a data frame that combines the two columns into a single column (phone_number) is:
- unite(customers, "phone_number", area_code, phone_num, sep="-"
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The statement which describes what the Days' sales uncollected ratio assesses how to measure how quickly a company can convert its accounts receivables into cash.
<h3>
What is Sales uncollected ratio?</h3>
This helps measure the days the company will receive cash and is an important ratio for the company's investors and creditors.
This measures how fast a company will receive cash payment for its goods and services.
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Answer:
The formula for an average rate of return is derived by dividing the average annual net earnings after taxes or return on the investment by the original investment or the average investment during the life of the project and then expressed in terms of percentage.
