subject
Business, 14.04.2020 17:18 afletcher2000

Evaluate the regression line using the criteria of economic plausibility, goodness of fit, and slope of the regression line by choosing the correct statement to go with each of the evaluation criteria listed below. Economic plausibility: Promotional costs appear to be a plausible cost driver of ticket revenues. Sporting events frequently use promotional items to promote attendance and increase their patronage. Promotional costs appear to not be a plausible cost driver of ticket revenues. Sporting events tend to rely on word of mouth to promote business (and thus revenues) and less on promotions. Goodness of fit: The vertical differences between actual and predicted revenues appears to be quite large. This indicates that promotional costs are not related to ticket revenues. The vertical differences between actual and predicted revenues appears to be reasonably small. This indicates that promotional costs are related to ticket revenues. Slope of regression line: The slope of the regression line appears to be relatively steep indicating that, on average, ticket revenues increase with spending on promotions. The slope of the regression line appears to be almost flat indicating that, on average, ticket revenues do not vary with spending on promotions.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 17:10
Suppose you have just been hired as the chief diversity officer of a large company. previous mentoring programs at this company have not been successful. after inquiring about previous efforts, you discover that most mentor pairs met just a few times, but very few lasting or meaningful mentoring relationships were created. there were also a significant number of employees that did not even attempt to seek out a mentor relationship. which of the following may be a reason why prior mentoring programs at your company failed? check all that apply.a) minorities and women are much less likely to develop mentoring relationships than white malesb) mentoring is not an effective way for organizations to develop female and minority employeesc) due to specific laws governing appropriate workplace behavior, senior-level male executives were reluctant to cultivate mentoring relationships with female employees, fearing negative repercussionsd) fear of creating a future competitor within the company, senior-level female executives were hesitant to mentor other female employees
Answers: 3
question
Business, 21.06.2019 20:20
Molander corporation is a distributor of a sun umbrella used at resort hotels. data concerning the next month’s budget appear below: selling price per unit $ 29 variable expense per unit $ 14 fixed expense per month $ 12,450 unit sales per month 980 required: 1. what is the company’s margin of safety? (do not round intermediate calculations.) 2. what is the company’s margin of safety as a percentage of its sales? (round your percentage answer to 2 decimal places (i.e. 0.1234 should be entered as 12.
Answers: 3
question
Business, 21.06.2019 22:50
He taylor company sells music systems. each music system costs the company $100 and will be sold to the public for $250. in year one, the company sells 100 gift cards to customers for $250 each ($25,000 in total). these cards are valid for just one year, and company officials expect them to all be redeemed. in year two, only 96 of the cards are returned. what amount of net income does the company report for year two in connection with these cards? a. $15,000b. $15,400c. $15,500d. $15,800
Answers: 1
question
Business, 22.06.2019 16:50
Slow ride corp. is evaluating a project with the following cash flows: year cash flow 0 –$12,000 1 5,800 2 6,500 3 6,200 4 5,100 5 –4,300 the company uses a 11 percent discount rate and an 8 percent reinvestment rate on all of its projects. calculate the mirr of the project using all three methods using these interest rates.
Answers: 2
You know the right answer?
Evaluate the regression line using the criteria of economic plausibility, goodness of fit, and slope...
Questions
question
Mathematics, 21.09.2019 19:20
Questions on the website: 13722367