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- discussion board contribution by individuals exploring the following key issues: 1. Primary interest in data analysis is usually in relationships between variables 2. Uncertainty and risk are sometimes used interchangeably, but they are not really the same, please discuss?Which of the following takes place when a company sets its standards by comparing data from other companies and similar industries to its own?Choose one answer.a. Balancing b. Benchmarking c. Standard deviation d. Performance appraisalWhen a consumer household buys shares in a Canadian business, this counts as investment spending. Select one: True False
- Ampomah Group is a large is large Ghanaian consumer products company with origin in Nkawkaw in the Eastern Region. The company primarily specializes in Shampoo, Diapers, Baby food and Cold medicine. Ampomah Group has business operations in over 50 cities in Ghana. The Company has been following the economic trends since 2020 and has found that after the COVID-19 pandemic, low income households have been growing two times as quickly as other consumer segments. The preliminary report of the recent 2021 Population and Housing Census indicates a further extension of this trend in the next decade. Low income is defined as families with income at the poverty level or below.Ampomah Group has always had a premium product strategy. It sells its products in grocery stores, convenience stores, mass retailers, etc., but its products are always priced at the high-end of their respective categories. It has never targeted the low income segment before and doesn’t have a low income strategy, but given…A local college is deciding whether to conduct a campus beautification initiative that would involve various projects, such as planting trees and remodeling buildings, to make the campus more aesthetically pleasing. For the students of the college, the visual appearance of the campus is and . Thus, the visual appearance would be classified as a public good. Suppose the college administrators estimate that the beautification initiative will cost $66,120. To decide whether the initiative should be undertaken, administrators conduct a survey of the college's 1,820 students, asking each of them their willingness to pay for the beautification project. The average willingness to pay, as revealed by the survey, is $28. The benefit of the beautification initiative, as suggested by the survey, is . Because the estimated benefit is than the cost, the college administrators undertake the beautification initiative. The calculation of the benefit of the beautification…A local college is deciding whether to conduct a campus beautification initiative that would involve various projects, such as planting trees and remodeling buildings, to make the campus more aesthetically pleasing. For the students of the college, the visual appearance of the campus is and . Thus, the visual appearance would be classified as a public good. Suppose the college administrators estimate that the beautification initiative will cost $3,900. To decide whether the initiative should be undertaken, administrators conduct a survey of the college's 370 students, asking each of them their willingness to pay for the beautification project. The average willingness to pay, as revealed by the survey, is $13. The benefit of the beautification initiative, as suggested by the survey, is . Because the estimated benefit is than the cost, the college administrators undertake the beautification initiative. The calculation of the benefit of the beautification…
- You are a manager for Company ABC and decide to compile data and analyze your employees’ level of satisifaction. You create a survey to ask each employee to rate their level of satisfaction working at Company ABC. Table 1 shows data of 15 people employees that responded to your survey. Each of the employees have the same job title: Sales Representative. The data set includes variables regarding an employee ID, gender, ethnicity, region, pay rate, employee satisfaction rating. Each employee was asked to rate their level of satisfaction working at Company ABC. A composite score from 0 (lowest) to 5 (highest) is shown as the data variable employee satisfaction. Table 1: Employee Data on 15 Sales Representatives at Company ABCInvestment (I) includes: Group of answer choices the amount spent on building a new public school. the amount spent on college tuition. the amount spent on new factories and machinery the amount spent on stocks and bondsEconometrics (forecasting) topic: Explain the difference between a nested and a non-nested model? Provideexamples.
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