if we are interested in the normality assumption in the context of regression, should we be evaluating the unconditional distributions of y and log(y)? explain.

Answers

Answer 1

When evaluating the normality assumption in the context of regression, we should not focus on the unconditional distributions of y and log(y). Instead, we should examine the distribution of the residuals, which are the differences between the observed and predicted values.

In a linear regression model, the normality assumption refers to the assumption that the errors (residuals) follow a normal distribution with a mean of zero and constant variance. This is crucial because it affects the validity of hypothesis testing and the interpretation of the regression coefficients.

To check the normality assumption, follow these steps:

1. Fit the regression model to the data.
2. Calculate the residuals by subtracting the predicted values from the observed values.
3. Create a histogram or Q-Q plot of the residuals to visually assess their distribution.
4. Conduct a statistical test, such as the Shapiro-Wilk test or Kolmogorov-Smirnov test, to formally test for normality.

If the residuals appear to follow a normal distribution, it indicates that the normality assumption is met. If not, you may need to consider transformations (such as log-transforming y) or use a different regression model, like a generalized linear model, that does not rely on the normality assumption.

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Related Questions

The ____ price indicates how much the market maker will pay per share to buy a stated quantity of the stock, while the ____ price indicates the price per share at which it will sell the same stock. Ask; bid say on pay; spread spread; say on pay bid; ask

Answers

The Bid price indicates how much the market maker will pay per share to buy a stated quantity of the stock, while the Ask price indicates the price per share at which it will sell the same stock.

What is the bid and the ask price?

In the financial markets, the Bid price and Ask price are the two prices that are most commonly quoted for a security, such as a stock or a bond. The Bid price is the highest price that a buyer is willing to pay for the security, while the Ask price is the lowest price that a seller is willing to accept for the security.

Therefore, the correct answer is "Bid; Ask". The difference between the Bid and Ask price is called the Spread.

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Consumer wealth is defined as the total value of ______. Multiple choice question. assets minus the total value of liabilities all investments plus the money in the bank all investments plus the money in the bank minus debt total assets

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Answer:

Assets minus the total value of liabilities

Consumer wealth is defined as the total value of assets minus the total value of liabilities. Thus, the statement "assets minus the total value of liabilities" is the correct statement.

What is the wealth effect?

According to the wealth effect, a behavioral economic hypothesis, people spend more money as the value of their possessions increases. Consumers are supposed to feel more financially secure and wealthy as the value of their houses or investment portfolios rises. Even if their income and fixed costs remain the same as before, they are made to feel wealthier.

The wealth effect captures the psychological impact of growing asset prices, such as those that take place during a bull market, on consumer purchasing patterns. The idea focuses on how significant rises in the value of investment portfolios boost consumers' emotions of security, sometimes known as their level of confidence. Increased confidence results in more spending and lower saving rates.

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What state in the country has the highest percent of their credit economy with subprime credit scores?

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The state in the country has the highest percent of their credit economy with subprime credit scores is: Wisconsin.

What is credit economy?

Credit economy can be defined as the  way in the money is the means of exchange in an economy as people sell goods in exchange for money.

Based on this  Wisconsin has the highest percentage of their credit economy with subprime credit score followed by Vermont and then Washington.

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A certain drug treatment cures 90% of cases of hookworm in children. Suppose that 20 children suffering from hookworm are to be treated, and that the children can be regarded as a random sample from the population. Find the probability that:

a. all 20 will be cured
b. no more than 2 will be cured
c. at least 1 will be cured
d. more than 78% will be cured
e. What is the mean and standard deviation of the number of cured out of 20?
f. What is the mean and standard deviation of the proportion of cured out of 20 (Hint: if you define a variable to be the number cured out of 20, the proportion is).

Answers

Answer:

78% of 2.

Explanation:

Get a calculator. Press ON, then press 78 WITH PERCENT IF APPLICABLE. Times 2. Enter, thats your answer is what you get.

If the german automobile manufacturer, volkswagen, builds a new factory to produce volkswagens in pennsylvania, which component of gdp would be affected?

Answers

The component of GDP that includes net exports and business investment will be affected If the German manufacturer builds a new factory to produce volkswagens in pennsylvania.

What are components of gross domestic product?

In economics, the components of gross domestic product includes the personal consumption, business investment, government spending and net exports.

Hence, the component of GDP that includes net exports and business investment will be affected by the decision.

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what would cause the U.S dollar to depreciate?

Answers

Answer:

Monetary policies, inflation, demand for currency to name some

Explanation:

Give 2 advantages of a corporation?

Answers

2 advantages of a business corporation include...

personal liability protectionbusiness security and perpetuity

Hope this helps!! Good luck with your work :))

Brainliest? I'm trying to rank up please UvU

Answer:

Limited Liability

In a corporation, the owners of the company are only liable for the amount of money which they have invested through purchasing shares. This means that if the company goes bankrupt and has no money left to pay back the creditors and lenders, the money invested by its shareholders into the company (by purchasing its shares) will be used to pay back the creditors and lenders. Hence, the shareholders will lose the amount invested. Creditors and lenders, however, have no claim on the personal properties and assets of the owners. This is what limited liability means: limited up to the extent of the amount invested.

Easy Availability of Capital

In a corporation form of business organization, it is relatively easy to raise huge sums of capital through the public. Since the total money a company wishes to raise is divided into thousands and lakhs of shares, the price of each share comes out to be very small. A small price allows a number of people to purchase the shares of the company. Hence, it becomes easy to raise a big amount for a corporation by dividing it into smaller units.

Explanation:

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A stock currently sells for $25 per share and pays $0.24 per year in dividends. What is an investor's valuation of this stock if she expects it to be selling for $30 in one year and requires a 15 percent return on equity investments? Working out

Answers

Answer:

$26.30

Explanation:

Calculation to determine the investor's valuation of this stock

Using this formula

Investor's valuation of the stock = [Dividend / (1 + rate)] + [Selling price / (1 + rate)]

Let plug in the formula

Investor's valuation of the stock = [$0.24 / (1 + 0.15)] + [$30 / (1 + 0.15)]

Investor's valuation of the stock = $0.21 + $26.09

Investor's valuation of the stock = $26.30

Therefore the investor's valuation of this stock will be $26.30

The most basic form of ownership in a firm consists of:

Answers

The most basic form of ownership in a firm consists of: Common Stock

Where does change management play a major role in transforming a client business into a data-driven.

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Change management plays a major role in transforming a client business into a data-driven in its data culture and literacy aspect.

Change management is the approach to support, prepare, and help every elements within the company to achieve the desired organizational change.

When an company implementing change management, its employees are trained and taught to be data sensitive. This change also affecting the firm's client business.

For example, if there is changes in the information details needed by the firm, the client business has to some adjustment to meet the firm's standar data and information. This would inderictly push the client business to transform into a data-driven enterprise who can provide the standardized information needed.

On the other hand, the firm will also provide a more comprehensive data as a report to the client. The client would be able to get more detailed information.

By implementing data-driven relationship, both companies could be benefited by the provided "real-time" check on any change progress. The companies also able to leader engage in the change project much easily.

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definition of trade-offs?

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Answer:

Economics is all about tradeoffs. A tradeoff is loosely defined as any situation where making one choice means losing something else, usually forgoing a benefit or opportunity. We experience tradeoffs in zero-sum situations, when a plus in one area must be a negative in anothe

Explanation:

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tyler's trucking service was hired by a seafood restaurant chain to carry long billboards on the backs of their trucks and drive up and down the most popular roadways in the city. what type of advertising is the trucking company using?

Answers

Tyler's trucking service was hired by a seafood restaurant chain to carry long billboards on the backs of their trucks and drive up and down the most popular roadways in the city. type of advertising used by the trucking company is Mobile billboard

What is a Mobile billboard?

Generally,  Mobile billboards are a successful out-of-home (OOH) advertising medium. Traditionally, these billboards have been wrapped around the sides of vehicles to increase brand exposure and provide personalized messages to oncoming traffic, pedestrians, and everyday commuters.

A seafood restaurant business engaged Tyler's trucking firm to drive up and down the city's busiest streets with large billboards mounted on the backs of their trucks. Mobile billboards are one kind of advertising employed by the transportation firm.

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.Visit the website of one of your favourite brands. Think about who their target segment(s) is and
explain why you think this. Then try to outline the company’s marketing mix.

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Marketing mix- Apple is a prime example of a well-known brand. Apple typically caters to tech-savvy people who value quality and design. They serve people who will pay more for high-quality goods.

Consider their target audience(s) and provide support for your assumptions.

The product, price, place, and promotion strategies are all part of Apple's marketing mix. Apple's products are created to provide a seamless, simple-to-use user experience. The company bases its pricing strategy on the worth of its brand and the calibre of its goods. Although Apple's products are typically more expensive than those of its rivals, consumers are still willing to pay more for the superior quality and innovative designs of these products. Apple's place strategy calls for the company to sell its goods via authorised retailers, online retailers, and its own brick-and-mortar stores.  Millennials and younger generations with an interest in technology and innovation make up their core demographic.

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Organizing firm-specific resources and capabilities as a bundle:
A. Favors firms with strong complementary assets
B. Prevents having assets integrated as a system
C. Discourages using oversees
D. Is counterproductive
E. Occurs only in domestic markets

Answers

Organizing firm-specific resources and capabilities as a bundle favors firms with strong complementary assets.

What is Resource Bundling?

A resource bundle is a package of resources that are assembled and marketed together as a single unit. Resource bundling is a business strategy that involves grouping two or more existing products or services into a single offering in order to increase sales and revenue.Organizing firm-specific resources and capabilities as a bundle is an effective approach to generate a competitive advantage. It is an ideal method to create valuable and rare resources. As a result, the competitiveness of the firm is improved. Firms that have strong complementary assets are best suited for this strategy.

Therefore, option A is the correct answer.The company must decide which bundles are most likely to generate a competitive advantage in the marketplace while designing resource bundles. The resources included in each bundle must be of high quality and useful to the customers. They should provide unique value and advantages that are not available elsewhere. As a result, resource bundles can provide a competitive advantage to the company.

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write out two uses of oxygen​

Answers

Answer: Common uses of oxygen include production of steel, plastics and textiles, brazing, welding and cutting of steels and other metals, rocket propellant, oxygen therapy, and life support systems in aircraft,submarines, spaceflight and diving.

Explanation:

FarCry Industries, a maker of telecommunications equipment, has 26 million shares of common stock outstanding, 1 million shares of preferred stock outstanding, and 10 thousand bonds. If the common shares sell for $15 per share, the preferred shares sell for $114.50 per share, and the bonds sell for 101 percent of par ($1,000), what weight should you use for preferred stock in the computation of FarCry's WACC

Answers

Answer:

wP = 114.5 / 514.6   = 0.2225 or 22.25%

Explanation:

The WACC or weighted average cost of capital is the cost of a firm's capital structure. The capital structure of a firm can be made up of one or more of the following components namely debt, preferred stock and common equity. The WACC is normally calculated using the market value of these components. The formula for WACC is,

WACC = wD * rD * (1-tax rate)  +  wP * rP  +  wE * rE

Where,

wD, wP and wE represents the weight of debt, preferred stock and common equity in the capital structure based on the market valuerD, rP and rE are the cost of debt, preferred stock and common equity respectively.

To calculate the weight that should be assigned to the preferred stock in the calculation of WACC, we need to determine the market value of preferred stock and the market value of the capital structure.

Market Value - Debt = 10000 * 1000 * 1.01  =  $10.1 million

Market Value - Preferred stock = 1 * 114.50  = $114.5 million

Market Value - Common equity = 26 * 15  =  $390 million

Total MV of capital structure = 10.1 + 114.5 + 390  = $514.6

wP = 114.5 / 514.6   = 0.2225 or 22.25%

When units sold exceeds units producednet income under absorption costing equals net income under variable costing.net income under absorption costing is lower than net income under variable costing.net income under absorption costing is higher than net income under variable costing.the relationship between net income under absorption costing and net income under variable costing cannot be predicted.

Answers

When units sold exceeds units produced, net income under absorption costing can either be lower than or higher than net income under variable costing. The exact relationship between net income under absorption costing and net income under variable costing cannot be predicted.

Step-by-Step Explanation:
1. When units sold exceed units produced, absorption costing takes into account the cost of manufacturing that has been incurred, including fixed costs such as depreciation, in addition to variable costs.
2. Variable costing, on the other hand, only takes into account variable costs associated with production.
3. Therefore, depending on the difference in variable costs and fixed costs, net income under absorption costing may be lower than or higher than net income under variable costing.
4. It is not possible to predict the exact relationship between net income under absorption costing and net income under variable costing.

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Voided check – a check that cannot be processed because the maker has made it invalid.

Answers

True. A voided check is one that has been marked by the maker with the word "voided" and can no longer be used as a valid payment instrument. This means that the check.

cannot be cashed or deposited, and the funds will not be transferred from the account of the maker. Individuals and businesses frequently use voided checks to provide information to banks or other financial institutions, such as their account number and routing number, which are printed on the check. The check is not intended to be used as a form of payment, but rather as a document containing the information needed to set up electronic money transfers or direct deposit. Individuals and businesses frequently use voided checks to provide information to banks or other financial institutions,

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a(n) approach to staffing in multinational companies has the following advantages: (1) encourages mobility within the company, (2) helps build a strong, unified culture in the company.

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The global staffing approach in multinational companies encourages employee mobility and fosters a strong, unified culture. This approach allows employees to gain diverse experiences.

The approach to staffing in multinational companies that has the mentioned advantages is the "global staffing" approach. This approach involves selecting and placing employees from various countries in key positions across different locations within the company's global operations.

By encouraging mobility within the company, employees gain exposure to different cultures, work environments, and business practices, enhancing their skills and knowledge.

Additionally, the global staffing approach helps build a strong, unified culture by fostering a sense of shared values, goals, and experiences among employees from different countries, leading to better collaboration and cohesion within the organization.

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--The given question is incomplete, the complete question is given below " which a(n) approach to staffing in multinational companies has the following advantages (1) encourages mobility within the company, (2) helps build a strong, unified culture in the company ?  "--

Pola wants to transfer a check to Quin. The check is defective if it
a. has been previously dishonored.
b. has no irregularities on its face.
c. is not overdue.
d. is so complete that no element of negotiability is lacking.

Answers

A) Pola wants to transfer a check to Quin. The has been previously dishonored.

A check is considered defective if it has been previously dishonored, meaning that the bank has refused to accept it for payment due to insufficient funds, a closed account, or another issue with the payer's account. This defect may make the check non-negotiable or unreliable for Quin to accept as payment.

Option b, having no irregularities on its face, and option c, not being overdue, are both features of a valid check rather than a defective one. A check with no irregularities and not being overdue indicates that it is likely negotiable and safe for Quin to accept.

Option d, being so complete that no element of negotiability is lacking, is also a characteristic of a valid check. A check that is complete and has all the required elements for negotiability, such as the payer's signature, the payee's name, the amount, and the date, ensures that it is legally enforceable and can be safely transferred to Quin.

In summary, a defective check in this scenario is one that has been previously dishonored, making it unreliable for Quin to accept as payment.

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A plan for a career starting in two years:
a) Will give you less opportunities than a career starting right away
b) Means that no plans or training are necessary, since the goal is two years away
c) Cannot benefit from talking to a counselor or consulting a book
d) Will give you more opportunities than a career starting right away
It’s on knowledge matters for my business class !

Answers

Answer:a) Will give you less opportunities than a career starting right away

wrong

Explanation:

A plan for a career starting in two years d) Will give you more opportunities than a career starting right away.

How can this career give more opportunities ?

Choosing a plan for a career starting in two years can potentially provide more opportunities compared to starting a career right away.   Taking the time to plan for a career starting in two years allows for more preparation, skill development, and networking opportunities, which can ultimately lead to a wider range of career options.

You will have more time to research your options and find the right career for you. You will have more time to gain the necessary skills and experience. You will have more time to network with people in your field and build relationships.

In conclusion, option D is correct.

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an independent third-party with ample financial resources who has the capability to discharge the duties of the contractor either by completing the work of the contract or by paying the owner to have it completed:

Answers

An independent third-party with ample financial resources who has the capability to discharge the duties of the contractor either by completing the work of the contract or by paying the owner to have it completed is known as surety.

What is a Surety?

A surety is a party or individual who takes responsibility for the completion of a job or task. Sureties are commonly used in the construction business to ensure that contractors fulfill their contractual obligations.Sureties are frequently utilized to back up the financial resources of a contractor.

A surety firm will assume responsibility for the completion of the contract if the contractor fails to do so. In addition, a surety will guarantee that the owner of a project is paid in the event of non-payment by the contractor.

In short, a surety is an independent third-party that provides financial security to a contract and assures that the contractor will meet its commitments. A surety is an essential aspect of the construction industry since it provides a measure of financial security to all parties involved in a construction project.

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In general, how would your best friend describe you as a risk taker?
A real gambler
Willing to take risks after completing adequate research
Cautious
A real risk avoider

Answers

Answer:

answer is B.............

In general my best friend would describe me as the one who is willing to take risks after completing adequate research. Thus, option B is correct.

What are benefits of taking risk in business?

When initially considered, taking risk in business may seem somewhat perilous. Yet, how each entrepreneur perceives and approaches business matters. The initial one is malleable.

When one studies subject in depth or encounters a number of negative solutions while working in the field, perception can change. With time, the second is less likely to change. By taking risk, we can help our business expand by utilizing our perception and that of our team. We must establish the boundaries of risk-taking within various sections of the firm.

Therefore we can conclude that option B is correct.

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BRAINLIEST AND 20 PTS!!

Imagine finding out that one of the best-performing administrative professionals whom you manage has been stealing inexpensive office supplies. How would you use your problem solving and critical thinking skills to resolve the problem?

Answers

Answer: Evaluate whether it's actually favoritism. Take the time to review your work ethic and performance details in relation to the favored employee. ...

Speak directly with leadership. ...

Refrain from venting to other employees. ...

Speak up more than once.

Explanation:

The central concept in decentralization is that the people at the top of the organization should have the primary decision making role because they know what is best for the organization as a whole. This statement is.

Answers

The central concept in decentralization is that the people at the top of the organization should have the primary decision making role, The mentioned statement is False.

Give explanation of the concept decentralization

First off, the term "Decentralization" in the context of business and management refers to the complete opposite circumstance. Descentralization focuses on the idea of letting others make decisions, which means that decision-making initially occurs at higher levels of the organisation before descending to lower levels by allowing other employees or lower managers to modify the decision made from above to fit their own ideas about how to make the decision a reality. Therefore, in this concept, it is crucial to keep in mind that increasing the number of reliable individuals who can make the decision and being aware that this is a good strategy are both important considerations.

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What amount should Rubi classify as monetary assets in preparing constant dollar financial statements? a. $0 b. $ 20,000 c. $ 600,000 d. $ 620,000.

Answers

Rubi should classify $20,000 as monetary assets in preparing constant dollar financial statements, as loans to employees are considered monetary assets, while merchandise inventory is a non-monetary asset. Thus, option B is the answer.

Constant dollar financial statements are prepared in order to adjust financial results for the effects of inflation. In this case, Rubi Co. has merchandise inventory with a value of $600,000 and loans to employees with a value of $20,000.

However, when preparing constant dollar financial statements, only monetary assets are adjusted for inflation, as non-monetary assets, such as merchandise inventory, do not typically experience the same inflationary effects as monetary assets.

Therefore, in this case, only the loans to employees would be considered monetary assets and included in the calculation of Rubi's total monetary assets. Thus, Rubi should classify $20,000 as monetary assets in preparing constant dollar financial statements.

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What percentage of job opening are published?
a 10% 15%
C. 3096 - 359
d. 35% 40%
Please select the best answer from the choices provide

Answers

wait:( is there's no b because my answer on my own work is b

If the buyer, who has signed a buyer broker contract, finds a For Sale by owner, then?

Answers

Answer:

Then the buyer must tell the broker and have him set up an appointment and handle the negotiations.

Explanation:

If you sign for a buyer-broker contract, then you should know that the broker must be the essential 'lead' when it comes to, say, buying a house.

ISPs can investigate computer abuse committed by their customers. True or False.

Answers

True. Internet Service Providers (ISPs) have the ability to investigate computer abuse committed by their customers. ISPs have access to network traffic data and other information that can help identify the source of the abuse.

ISPs can also terminate the service of customers who violate their terms of service, including those who engage in computer abuse. However, ISPs must follow appropriate legal procedures and respect the privacy of their customers when conducting investigations. Internet Service Providers (ISPs) are responsible for providing customers with access to the internet. As part of their service, ISPs have access to network traffic data and other information that can help identify the source of computer abuse, such as spamming, hacking, and other forms of cybercrime. ISPs can also monitor and filter traffic to prevent malicious activities and protect their networks and customers from harm.

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how do you manage scarce resources?​

Answers

By setting the rations ahead of time and sticking to the intended plan as best as possible. Understand your limits to know how to measure the resources.

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Simplify 1/6(12x+24)+4x on the famous 18th hole at pebble beach, lionel forrest stands next to his ball on the fairway, 165 meters from the hole. his caddie hands him a golf club that will hit the ball at a 65 angle. the gravitational acceleration is 9.8 m/s2, and a stiff tailwind exactly cancels the effects of air resistance. how hard should lionel hit the ball to land it as close to the hole as possible? QuestionWhat was the purpose of the Dawes Act?ResponsesA. to offer government resources to Native AmericansB. to contribute to the well-being of Native AmericansC. to reduce Native American cultural lands and powerD. to provide Native Americans with money to start over Why do you think that propaganda at the time wanted to show women in factories as still being feminine? why was this considered a necessary part of the propaganda campaign? Use the region in the first quadrant bounded by x, y=2 and the y - axis to determine the area of the region. Evaluate the integral.A. 50.265B. 4/3C. 16D. 8E. 8F. 20/3G. 8/3E/ -16/3 Predict whether each of the following molecules is polar or nonpolar.a. NH3,b. CH3Br,c. GaH3,d. XeF4,e. CCl4,f. SF4 every department can now edit their own portion of the university's web site. the editing software prevents someone from editing another department's content and also permits authorized editors to edit only a portion of the department's pages. this kind of software is called what? AcellusWhat's the circumference of acircle with a diameter of 15 inches? Attempting to provoke change within society using tools such as educational activities, coalition building, lobbying and media communication is what is the best trip you have ever been on let s be the set of all vectors of the form [ 5 s 4 s ] . find a set of vectors in r 2 whose span is s . use as many of the answer boxes as needed, filling from left to right. leave unneeded boxes empty. What is the purpose of genetically modified crops?A. increasing the price of seeds. B. increasing the price of foodC. increasing food products. D. increasing the amount of farmland. Given the conversion factor 12 inches/ 1 foot, what is the line segment's length in feet? A. 8.6 feet B. 9.0 feet C. 1238.4 feet D. 91.2 feet X and Y are two independent exponential random variables with mean 1. Suppose W =Y/X. Determine the probability density function for W. fw(w). A) fw (w) = 1/(1+w)^2, w > 0 . B) fw (w) = 1/(1+w)^2, w > 1. C) fw (w) = 1/(1+w)^2, w > 2. D) fw (w) = 2/w^2, w > 0 . E) fw (w) = 2/w^2, w > 2 68. One responsibility of a human resource department is to plan for the unexpected vacancy in key positions. Such planning is known as:A. emergency planning.B. replacement planning.C. succession planning.D. resignation planning (though it can include employee departure due to death or retirement).E. insurance planning. Getting, managing, and using information about what customers want in order to improve business decision making, marketing operations, and finding out what will sell is called . Find a particular solution for the DE below by the method of undetermined coefficients. Use this to construct a general solution (i.e. y=y h+y p). y 16y=2e 4x what's the perimeter of the square of 5x+2 What is the length of side b round to the nearest hundredth You make a stock solution using 17.26 mg of a dye with a molar mass of 225.8 g/mol and you add water until you reach a volume of 500.0 mL. What is the concentration of the dye in the stock solution? Give your answer in all of the units requested (M, mM)