Multivariate regression can be defined as a statistical method of analyzing the relationship between multiple independent variables and a single dependent variable.
The multivariate regression analysis helps in studying the relationship between the dependent variable and more than one independent variable. It helps in developing a statistical model to predict the value of the dependent variable on the basis of multiple independent variables
For a multivariate regression analysis, we have to include more than one independent variable, unlike in simple regression analysis where we have only one independent variable. For this analysis, we have two independent variables, i.e., Advertising and Price. First, we have to fit the multiple regression model for the independent variables. The multiple regression equation is of the form: Y = a + b1x1 + b2x2 Where, Y is the dependent variable, a is the constant, b1 and b2 are the regression coefficients for the independent variables x1 and x2, respectively. Now, we can add the variable price, with values: 8, 7.5, 7.25, 7.25, 6, 6.75, 6, 5, 4.4, 5.2. After fitting the multiple regression model using advertising and price, the following equation can be estimated:
Y = 36.58 + 2.96 x Advertising - 3.91 x Price
Based on this equation, the estimated demand equation can be written as:
Qd = 36.58 + 2.96 x Advertising - 3.91 x Price
Thus, the estimated demand equation for the given multivariate regression analysis is Qd = 36.58 + 2.96 x Advertising - 3.91 x Price.
To know more about demand equation visit:
brainly.com/question/32871114
#SPJ11
1, xyz company cost function for the next four month is cost =500000+5Q A, find the BE dollar volume of sale is the selling price is birr 6/unit B, what would be the company cost is it decides to shutdown operation for the next four month
Answer:
Break Even point Q = 500000
Shut Down Point P < 5
Explanation:
Break Even point is where Total Revenue = Total Cost.
Total cost = 500000 + 5Q, price = 6 (Given) , Total revenue = Price x quantity
So, TR = TC implies : 500000 + 5Q = 6Q → 500000 = 6Q - 5Q
Q = 500000
Shut Down Point is where firm's Price is < its Average Variable Cost .
AVC is the variable cost on per unit output, is found out by average of variable component of cost function. C = 500000 + 5Q implies variable cost = 5Q , so AVC = 5Q / Q = 5
So, the firm would shut down if its price would go below AVC , ie if P < 5
Maria and Marisa are fixing up their basement. They need access to cash, so they visit their bank where they are pre-approved for $55,000. They can write checks for up to this amount, and they will repay this loan by making payments over time that include the amount borrowed and finance charges. Which type of credit are Maria and Marisa using? O A. a bank line of credit OB. an installment sales credit O C. an installment cash credit OD. a single lump-sum credit
Answer:
bank line of credit
Explanation:
i got it right
What is your idea of success?
Answer:
my idea of success is accomplishing all of one's goals.
Explain how the Fed's monetary policy affects the unemployment level. The Fed's monetary policy -Select- interest rates, which affect the cost of borrowing by households and businesses which in turn, -Select- the demand for products and services. The aggregate demand for products and services -Select- the number of people employed by businesses and therefore -Select- the unemployment level.
Answer:
17
Explanation:
When they use Internet ads, marketers get their audience involved by using
interactive content such as
A. links and surveys
B. unique selling propositions
C. scripts and storyboards
D. endcaps and kiosks
Answer:
A links and surveys
Explanation:
Marketers use interactive content such as links and surveys to get their audience involved in Internet ads.
What are Internet ads?Online advertising or Internet ads is a type of marketing and advertising that uses the Internet to promote products and services to audiences and platform users. Email marketing, social media marketing, various types of display advertising (including web banner advertising), and mobile advertising are all examples of online advertising.
While using Internet for advertisement or ads, marketers get their audience involved by using interactive content such as links in the social media platforms and conduct surveys using the internet.
Therefore, the correct answer is option A.
To know more about Internet ads, click here: https://brainly.com/question/19820083
#SPJ5
Which one earns higher interest?
A. Savings Account
B. CD (Certificate of Deposit)
Answer:
B
Explanation:
The specific interest rates offered by savings accounts and CDs can vary greatly depending on the financial institution, the amount deposited, and the length of the deposit term, so it's important to compare rates from different banks and credit unions to determine which one is the better option for a particular individual.
Select the correct answer.
Apex Bank lent a substantial amount of money to Polytech Inc. After reviewing the financial statements of Polytech, Apex Bank finds some
Inconsistencies. Which body can Apex Bank approach to verify Polytech's financial data?
ОА.
Chartered Financial Analysts
OB.
Financial Accounting Standards Board
ОС.
American Association of Public Accountants
OD
American Institute of Certified Public Accountants
Ο Ε.
Security and Exchange Commission
This is wrong do not use this
Answer:
E. Security and Exchange Commission
Explanation:
I'm not 100% sure but i looked through all of them and that one seems to fit best
Apex Bank lent a substantial amount of money to Polytech Inc. After reviewing the financial statements of Polytech, Apex Bank finds some Inconsistencies. Security and Exchange Commission body can Apex Bank's approach to verifying Polytech's financial data. The correct option is E.
Why does the SEC protect investors?In order to maintain a flexible and effective regulatory environment. Federal securities laws aim to support competitive, fair, and transparent markets that safeguard investors from hidden risk while promoting market access and innovation.
The Securities and Exchange Commission regulates stock exchanges, brokers and dealers in securities, investment advisers, and mutual funds in an effort to encourage ethical business practices, the public disclosure of crucial market information, and the avoidance of fraud.
Thus, the ideal selection is option E.
Learn more about The Securities and Exchange Commission here:
https://brainly.com/question/2596693
#SPJ5
You want to write a press release about a free new app you're offering. The app allows people to keep track of what they've eaten each day and reports on nutritional value and calories. It also creates customized recommendations for improving your diet. By emphasizing the cost-free nature of this useful tool in the press release, you are primarily relying on which principle of persuasion?
The principle of reciprocity is being used when emphasizing the free nature of the useful tool in the press release, as this principle generates a reciprocal response to individuals.
What is the principle of reciprocity?It corresponds to an approach developed by Cialdini, who states that reciprocity is the first principle of persuasion, as individuals are conditioned to reciprocate favors and concessions to others.
Therefore, by using the principle of reciprocity, emphasizing the free nature of the new app, the company hopes to generate more attention, use and positive response from the target audience as a form of retribution.
Find out more about persuasion here:
https://brainly.com/question/4692301
Which skill do the majority of top executives say is the most important skill needed in the workplace
According to a survey conducted by the National Association of Colleges and Employers, the majority of top executives believe that communication skills are the most important skills required in the workplace.
Communication abilities are essential qualities that enable individuals to effectively communicate, interact, and collaborate with others. They are the foundation of successful personal and professional relationships and essential to achieving business objectives.
Communication abilities include both verbal and nonverbal communication, as well as written and oral communication. They enable individuals to convey their ideas and thoughts in a clear and concise manner, as well as to listen actively and comprehend what others are saying.
They also allow individuals to work effectively in teams, resolve conflicts, and develop strong working relationships with their colleagues.
To know more about communication visit:
https://brainly.com/question/29811467
#SPJ11
what effect might use of outdated or incorrect information have on a business?
Answer:
it could misslead or make there buisness fail
Explanation:
How do economic growth, full employment, price stability, and inflation indicate a nation’s economic health?
Answer:
Kindly check explanation
Explanation:
The state of a nation's economy is usually evaluatwd based on certain metrics which relating to the well being of its citizens, behavior of its market, finances and resources. Those metrics may include ; level or rate of inflation, employment level, level of economic growth or decline and many others. A healthy economy is one In which economic factors are in a positive state and hence its positive effects is left by the citizens in ways including the increased level of production which economically fights inflation and also helps achieve stability in terms of prices of products and commodities. Reduction in level of unemployment and increased full time jobs. Generally, a healthy nation should experience a robust economic growth and improvement.
Hi i needa gf im 16 im a kind loving caring person anyone 13 through 17
Answer:
Hello, my names Harley and im 15. and im a red head with green eyes.
Explanation:
And im single lol...
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
OK I need to think of a name for my business. My business I want to make will have lip gloss,bath bombs, necklaces, rings and other things. I need a girly name but not to girly. Can you share some ideas? Please help I'll give u anything, like a 5 star or something.
Answer:
Halonia
Explanation:
Sounds very unique and different. Very eye catching. Sounds girly but not too girly.
Please read instructions all the way through, brainiest will be given and 50 pts. Explain the logistics of product delivery. Describe the ins-and-outs of importing and exporting your products. What are the most critical components of delivery and importing/exporting? (i know for a fact that you have to do research on latest distribution trends and i can give you a link to a possibly helpful website if you need, i mainly need pointers for starting off and maybe a little bit of guidance in creating a 2 page response)
Answer:
The logistics of product delivery could be described as all that's entailed in ensuring a goods or product gets to a customer's destination after it has been purchased from a particular destination.
Explanation:
The logistics of product delivery could be described as all that's entailed in ensuring a goods or product gets to a customer's destination after it has been purchased from a particular destination. It might include shipment or freight if the goods is coming from outside the desired clients location.
Ins-and-outs of importation;
- You'd have to decide the country you're buying from
- The next is to search for suppliers, those who sell the item in that particular country you've searched.
- You'll then need to search what their duty and taxes are, which you'd have to consider in the cost
- Finally, you'll need to find a reliable freight forwarder and customs broker who would handle the clearing of the goods when they get to your country.
Export has the same but there some changes as this time you'd have searched those who need your product and considered all that's needed to ship in your country and how it'll be cleared over your customers destination
am kandy but pls don't friends me...thank me or comment on this q anymore cz this is my school acc.
Thomas has a classic 1966 Ford Mustang, and Jeffrey would like to buy it. The Mustang has less than ten thousand (10,000) original miles, it is in pristine condition, and it was only the third Mustang to "roll off the Ford assembly line in Dearborn, Michigan in late 1965. Thomas and Jeff actually enter into a written contract for Jeff's purchase of the car for $75,000, but Thomas later backs out of the deal for sentimental reasons (his late mother gave Thomas the car for his sixteenth birthday.) Jeff has already paid Thomas the $75,000 purchase price. In a breach of contract action against Thomas, which of the following is the likely remedy that Jeff will request and that the court will likely award him? Multiple Choice a. Substantial performance b. Specific performance c. Substantial performance and $75,000 d. Specific performance and $75,000 e. Substantial performance and $300,000 (representing $75,000 in compensatory damages and $225,000 in statutory punitive damages)
The likely remedy that Jeff will request and that the court will likely award him in a breach of contract action against Thomas is- d. specific performance and $75,000.
What does it entail?Specific performance means that the court orders Thomas to fulfill his obligation under the contract and sell the Mustang to Jeff as agreed upon.
Since the Mustang is a unique and rare item, monetary damages may not be sufficient to compensate Jeff for the breach.
Therefore, specific performance is the appropriate remedy in this case. Additionally, Jeff would also request the return of his $75,000 purchase price.
It is important to note that punitive damages are not typically awarded in breach of contract cases unless there is evidence of fraud or other egregious behavior.
Hence, option d. is correct.
To know more on contract visit:
https://brainly.com/question/2669219
#SPJ11
What is the relationship between insurance and successful financial management? Why is insurance important?
\( \pink{\boxed{{\colorbox{white}{Answer}}}} \)
Insurance is an important aspect of risk management in business. Insurance is related to successful financial management because when a business is insured, it can weather times of loss and unforeseen occurrences without losing its strength. Insurance is important because it helps businesses to mitigate loss.
Insurance is an aspect of risk management in business where a policyholder pays an agreed sum to the insurer, with the intent of lightening any unforeseen losses they may encounter in the future. Insurance is important because businesses come with risks that could be sudden and unexpected.The pool of funds generated by the insurance company from other insurers will be used to attenuate the loss that the business will face.Conclusively, if businesses will thrive for a long time, insurance is very beneficial.Learn more here:
https://brainly.com/question/13769098
\( \pink{\boxed{{\colorbox{white}{ - \:MsTiyana}}}} \)
Now that Amazon does collect sales tax in most states, what other loopholes has Amazon found to evade other taxes?
(In depth response)
Another area in which Amazon has found another tax loophole in order to evade taxes is:
They make use of foreign based companies to receive payments from customers in another country.What is a Tax Loophole?This refers to the legal clauses which the rich people and corporations exploit in order to evade paying tax or paying as much as other people.
One tax loophole which is being used by Amazon to evade tax is the use of foreign based companies to receive payments from customers in another country and bypass HMRC.
Read more about tax loopholes here:
https://brainly.com/question/10248969
he proper level of government intervention is unclear when dealing with a monopoly. a. true b. false
It is completely inappropriate to mention that the proper level of government intervention is unclear when dealing with a monopoly enterprise. Therefore, the statement given above is false.
A monopoly can be referred to or considered as a form of an enterprise which owns a dominating position in the industry that it belongs, because there is less to zero competition for such a firm in the economy. The government might intervene in the operations of a monopoly enterprise with respect to the regulations being updated from time to time.
Learn more about a monopoly here:
https://brainly.com/question/29765560
#SPJ4
Toni Nicolet's
checking account balance on Monday, April 13, is $540; her savings balance is $980. On
Tuesday, April 14, she made an ATM withdrawal from checking of $86. On April 15, Toni plans to make
these online payments: income tax bill, $823, utility bill, $98, and charge account bill, $127. How much
money, if any, will Toni have to transfer into her checking account from savings to cover the online
payments and leave a balance of $50 in the checking account?
Answer:
$644
Explanation:
Toni has a balance of $540 on her checking account
She made an ATM withdrawal of $86
The balance on her checking account after withdrawal is
= $540 - $86
=$454
Toni intended to pay online payments on Arpril 15. The total of the payments
=$823 + $98 + $127
=$1048
It means Toni has a deficit of
=$454- $1048
=($594)
If Toni desires a balance of $50 after payments, she must withdraw 594+50 from the savings account.
=596 + 50
=$644
An article in a newspaper explains that a new business is about to open.
Answer:
So what's the question......??????
This software application can be used to organize, analyze, and illustrate data.
Answer:
its Excel :)
Explanation:
I learned abt it
Answer:
person above me
Explanation:
i gtg see ya all HAhahaahahahahaah
.-.
uhhhh................
*triggered*
Answer:
byeee
Explanation:
True or False In recent years, the economies of the world's nation-states have become less intertwined as a result of international trade.
The given statement, In recent years, the economies of the world's nation-states have become less intertwined as a result of international trade is False.
Because Globalization has allowed the free flow of goods, services, capital, and labor across borders, which has led to increased economic interdependence among the world's nations. International trade has been the major driver of economic integration, as it has enabled countries to specialize in the production of certain goods, while relying on imports for others.
This has allowed for greater efficiency and productivity, as well as lower prices for consumers. Additionally, the increased interconnectedness of the world economy has opened up new opportunities for trade, investment, and technological transfer, further integrating the global economy. The result of this increased economic interdependence is that the world's economies are now more tightly linked than ever before.
know more about Globalization here
https://brainly.com/question/30331929#
#SPJ11
A leftward shift of the market demand curve, ceteris paribus, causes equilibrium:
a. Price to increase and quantity exchanged to decrease.
b. Price to increase and quantity exchanged to increase.
c. Price to decrease and quantity exchanged to decrease.
d. Price to decrease and quantity exchanged to increase.
The leftward shift of the market demand curve, ceteris paribus, causes equilibrium to decrease the price and the quantity exchanged.
When we talk about ceteris paribus, it means that all other factors influencing the demand for the good or service remains constant. Therefore, when there is a leftward shift in the market demand curve, it means that the demand has decreased and that there is less willingness to buy the goods or services at the given prices.
Since there are fewer buyers in the market, there is no need to produce the same quantity of goods or services as the previous equilibrium. It results in less demand, and the equilibrium point will move to a lower quantity at a lower price than the previous equilibrium point.
To know more about leftward visit:-
https://brainly.com/question/13789856
#SPJ11
The costs per equivalent unit of direct materials and conversion in the rolling department of oak ridge steel company are 180 and 62
Answer:
Equivalent units of direct materials= $180 per tons
Equivalent units of conversion =$62 per tons
Explanation:
Calculation to Determine the direct materials and conversion costs per equivalent unit.
Using this formula
Equivalent units of direct materials=Cost of direct materials transferred/Total equivalent units for direct materials
Let plug in the formula
Equivalent units of direct materials= $432,000/2,400
Equivalent units of direct materials= $180 per tons
Therefore the direct materials cost per equivalent unit will be $180 per tons.
Calculation for Equivalent units of conversion using this formula
Equivalent units of conversion=Conversion cost /Total equivalent units for Conversion
Let plug in the formula
Equivalent units of conversion=$144,150/2,325
Equivalent units of conversion= $62 per tons
Therefore the conversion cost per equivalent unit will be $62 per tons.
Why has college become so expensive? (Hint: tell me about WHAT has driven up the demand for college) 2. Will we run out of oil one day? (Hint: tell me about what declining supply of oil does to price and then, what that price does to the demand for oil) 3. Why is there traffic? (Hint: tell me about what the price to drive "freeways" does to the demand to drive on them OR what the price to build "freeways" does to the supply of "freeways" OR what the supply of homes near one's job does to the demand "freeways") 4. What happens to the wage of low-skilled workers when you add more low-skilled workers to the labor market? (Hint: tell me about what an increase in supply does to price)
The wage of low-skilled workers decreases when you add more low-skilled workers to the labor market. An increase in the supply of workers means that employers have more options to choose from when filling low-skilled jobs, so they don't have to offer high wages to attract workers. This leads to a decrease in the wage of low-skilled workers.
1. College has become so expensive due to the increasing demand for higher education. As more and more people seek a college degree, universities and colleges have been able to increase their tuition fees, as students are willing to pay more to receive a degree. Additionally, colleges have also increased their spending on new facilities, research, and faculty salaries, which have driven up the cost of tuition.2. Yes, we will run out of oil one day. As the supply of oil declines, the price of oil increases due to scarcity. The higher the price, the less demand there is for oil because people will turn to other sources of energy, which can lead to a decrease in demand for oil.3. Traffic is caused by the price to drive on freeways. If the price to drive on freeways is too high, then fewer people will use them, leading to less traffic. Alternatively, if the supply of homes near one's job is limited, then the demand for freeways will increase, leading to more traffic.4.
learn more about decreases here:
https://brainly.com/question/29669406
#SPJ11
Spell all words correctly.
Identify the marketing research technique implied in the scenario.
A sports beverage company has created a new ad for their product to alr on television. After the ad alrs, they intend to show the ad to a certain
number of customers and then ask them for their feedback regarding the ad. This company is engaging in the
market research technique.
The marketing research technique implied in the scenario is "advertising research."
What is marketing research?Generally, Marketing research is the process of gathering and analyzing information about consumers, competitors, and the market environment to inform a company's marketing strategy and decisions. It typically involves collecting data through surveys, focus groups, interviews, and other methods, and then analyzing the data to gain insights about customer preferences and behaviors.
Correct! The marketing research technique implied in the scenario is advertising research, specifically pre-testing an advertisement before it airs to a larger audience.
This helps companies ensure that their advertising messages are effective and resonate with their target audience.
Read more about marketing research
https://brainly.com/question/18723483
#SPJ1
the blending of advertising, sales promotion, publicity, and personal selling is referred to as the .
The blending of advertising, sales promotion, publicity, and personal selling is referred to as the Marketing Communications Mix or Promotional Mix.
This concept represents a combination of various tools and strategies that businesses use to communicate their value propositions and key messages to their target audience. The goal is to create awareness, build interest, and ultimately drive sales for products or services.
Advertising involves creating and delivering paid messages through various media channels such as television, radio, print, and online platforms. It is a powerful way to reach a large audience, create brand awareness, and influence consumer perceptions.
Sales promotion encompasses various short-term incentives, offers, and discounts that aim to stimulate customer interest, increase product demand, and encourage purchases. Examples include coupons, contests, and product samples.
Publicity refers to unpaid media exposure and coverage that a company receives, which can have a significant impact on brand image and consumer perception. Public relations activities, such as press releases and event sponsorships, are used to generate positive publicity and maintain a strong relationship with the media.
Personal selling is a direct, one-to-one approach where sales representatives engage with potential customers, build rapport, and provide personalized information to help persuade them to make a purchase. This method is particularly effective in B2B transactions and high-value products or services.
In conclusion, the Marketing Communications Mix is a strategic blend of advertising, sales promotion, publicity, and personal selling techniques used to communicate with target audiences effectively. By employing the right mix of these strategies, businesses can achieve their marketing goals and create a positive impact on consumers.
To learn more about Promotional Mix refer here:
https://brainly.com/question/20879094
#SPJ11
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
learn more about managers here
https://brainly.com/question/32150882
#SPJ11