4:20 1.ll 4G( Kartik Bro Template (GECO5113(5...•..good X.b) What is the relationship between:i) Goods X and Y?ii) Goods X and Z?c) If you are the producer of good x and you want toincreases your total revenue would you increase the priceof RM3 per unit to RM4 per unit? Why? ( use theconcepts of elasticity in your answer)?.Question 2:Accountants at the Renong and Khalid Accountant Companybelieved that several traveling executives were submittingunusually high travel vouchers when they returned frombusiness trips. First, they took a sample of 200 voucherssubmitted from the past year. Then they developed thefollowing multiple-regression equation relating expectedtravel cost (Y) to number of days on the road (X,) anddistance traveled (X,) in miles:Y = 90.00 + 48.50X, +0.40X,Here is additional information concerning the regressionmodel:Sb, = 0.038Sb, =0.019R?0.68Se1.63F-Statistic32.123Durbin-Watson (d) statistic = 0.5436a) Which of the independent variables appear to bestatistically significant (at the 0.05 significant level)in explaining theaccountants?. Explain.b) (Mr. Ghazali returns from a 200-mile trip that tookhim out of town for 5 days), what is the expectedexpected travelcostforamount of his claim.c) What proportion of the total variation in expectedtravel cost is explained by the regression equation?Explain.d) In your opinion, should there any other variables beincluded? Explain.

Answered: Image /qna-images/answer/9097e086-79e5-4f7d-8434-1a54f12303bd.jpg

Answered: Question 2: Accountants at the Renong…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Assuming an M/M/1 system setup with a service rate of 25 entities per hour and an idling ratioof 4% Define the system’s birth rate. Define at least two ways of arriving at the number of entities in the system. Define the ratio of the time an entity spends waiting and the time the entity spends in thesystem?
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