The maximum discount value of the Entertainments card for the Tine Dining" section for various pages is given in the table below. Page number Maximum value (S) 4. 17 14 20 25 14 32 37 43 19 57 14 72 16 85 16 90 16 Let page number be the independent vanable and maximum value be the dependent variable.
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- Give an example of removable discountiniutyClassify the following variables as quantitative or qualitative variables. If the variable is quantitative, identify whether it is discrete or continuous._______________ _______________ 1. The type of payment used by customers_______________ _______________ 2. The evaluation rating of instructors_______________ _______________ 3. The classification of employees in company _______________ _______________ 4. The weekly allowance of students_______________ _______________ 5. The length of telephone calls made by students to their parentsPoverty thresholds are determined by the U.S. Census Bureau. A poverty threshold represents the minimum annual household income for a family not to be considered poor. In 2004, the poverty threshold for a familyof four with two children under the age of 18 years was $19,157. In 2014, the poverty threshold for a family of four with two children under the age of 18 years was $24,008. Assuming poverty thresholds increase in a straight-line fashion, use the midpoint formula to estimate the povertythreshold of a family of four with two children under the age of 18 in 2009. How does your result compare to the actual poverty threshold in 2009 of $21,756?
- Acompanysellinglicensesofnewe-commercesoftwareadvertisedthatfirmsusingthissoftware could obtain, on average during the first year, a minimum yield (in cost savings) of 20 percent on average on their software investment. To disprove the claim, we checked with 10 different firms which used the software. These firms reported the following cost-saving yields (in percent) during the first year of their operations: {17.0, 19.2, 21.5, 18.6, 22.1, 14.9, 18.4, 20.1, 19.4, 18.9}. Do we have significant evidence to show that the software company’s claim of a minimum of 20 percent in cost savings was not valid? Test using α = 0.05. Compute a 95% confidence interval for the average cost-saving yield estimate.Determine and explain why the following is discrete or continuous variable1. income of a teacher 2. mean scores of 50 students in an examThe Majoring in Money study by Sallie Mae from December 2015 showed that most college students manage their credit cards in a reasonable way. It showed that almost two-thirds of students pay their credit card balance in full every month and 25% of students who own credit cards make partial payments that exceed the minimum amount due. You are curious to find out if credit card payment behavior of students has changed since 2015 and collect data from a random sample of 370 students. You find that 71 students are making partial payments on their credit cards that exceed the minimum amount due. Using α=0.01, complete parts a and b below.
- A corporate agricultural organization has three separate farms which are to be used during the coming year. Each farm has unique characteristics which make it most suitable for raising one crop only. Table below indicates the crop selected for each farm, the annual cost of planting 1 acre of the crop, the expected revenue to be derived from each acre, and the fixed costs associated with operating each farm. In addition to the fixed costs associated with operating each farm, there are annual fixed costs of $75,000 for the corporation as a whole. Farm Crop Cost/Acre (cj) Revenue/Acre (rj) Fixed Cost (Fj) 1 Soya beans $900 $1,300 $150,000 2 Corn $1,100 $1,650 $175,000 3 Potatoes $750 $1,200 $125,000 Determine the profit function for the three-farm operation. What are the expected profits for the program if the board of directors has voted on the following planting program for the coming year; 1,000 acres will be planted at farm 1,…Suggest at least one consumer good or service for which in the last 10 to 15 years consumers preference has actually increased, and still, the price has decreased. Than discuss the possible reasons for the decrease in the price of the suggested good or service.According to the picture attached of the resdiual plot, pelase select the statement that is true. All the assumptions are met. There is problem of heteroscedasticity. There is problem of collinearity. We should include higher order terms.
- ratio of directed line segmentdetermine the seasonal pattern with the ratio to moving average methodA researcher claims that the average monthly expenditure of single persons employed in urban centers in the country is at least Php9,500. The null hypothesis for the test isA. The average monthly expenditure of single persons employed in urban centers in the country is not Php9,500.B. The average monthly expenditure of single persons employed in urban centers in the country is at most Php9,500.C. The average monthly expenditure of single persons employed in urban centers in the country is less than Php9,500.D. The average monthly expenditure of single persons employed in urban centers in the country is at least Php9,500.