Choosing a new bank. You’re getting married and are unhappy with your present bank. Discuss your strategy for choosing a new bank and opening an account. Consider the factors that are important to you in selecting a bank—such as the type and ownership of new accounts and bank fees and charges.
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Match the descriptions to the relevant theories and laws.
Okun's Law
stagflation
demand pull inflation
unemployment and inflation have an inverse relationship
unemployment and inflation can both be high at some point
Philip's Law
for every 1% decrease in unemployment rate, there is a 2% increase in GNP
too much money chasing too few goods
Answers
Okun's Law-for every 1% decrease in unemployment rate, there is a 2% increase in GNP. stagflation-unemployment and inflation can both be high at some point.
Stagflation is a condition in which there is a combination of slow economic development, rising prices, and rising unemployment. Although coexisting with poor economic development and high inflation is uncommon, it has happened before and many people think it might again.
Stagflation is a lethal combination that can cause an economic collapse where expenses and costs of living keep increasing. These kinds of economic crises are frequently brought on by significant changes in supply and loose monetary policy, and they continue longer than typical recessions because there is no permanent solution.
Thus, demand pull inflation-too much money chasing too few goods. Philip's Law-unemployment and inflation have an inverse relationship.
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Which of the following is true if you find a better rate on an external 3rd party channel within 24 hours of making a reservation through one of Marriott's direct channels?
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If you find a better rate on an external 3rd party channel within 24 hours of making a reservation through one of Marriott's direct channels, the Marriott’s Best Rate Guarantee policy comes into effect.
Marriott’s Best Rate Guarantee policy is a commitment to providing the lowest rate possible. If you find a lower rate within 24 hours of booking through one of Marriott’s direct channels, Marriott will match that rate and offer an additional discount of 25%.
This policy applies to any Marriott brand including Ritz-Carlton, St. Regis, Westin, Sheraton, Aloft, and othersYou need to first book your reservation through Marriott’s direct channels like Marriott.com, the Marriott Mobile app, Marriott Bonvoy app, the Marriott Reservation Center, or directly with the hotel.
After that, you should look for lower rates on other third-party websites. If you find a lower rate within 24 hours, contact Marriott’s Customer Care team, and they will match that rate plus an additional discount of 25%.The policy does come with some terms and conditions.
The lower rate you find on the third-party website must be for the same hotel, same room type, same dates, same number of guests, same currency, and with the same booking conditions. It also excludes rates that are only available to members of certain groups or organizations, package rates that include flights, car rentals, and other amenities, and rates that are not available to the general public
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Suppose a self-regulating economy is in a recessionary gap at the time the Fed enacts expansionary monetary policy. Furthermore, suppose the Fed is able to enact expansionary monetary policy in such a precise way that the economy moves from a recessionary gap into long-run equilibrium, if there are no other changes in the economy. The combination of expansionary monetary policy and a self-regulating economy will cause: __________
a. Real GDP to rise to a level above Natural Real GDP
b. Real GDP to rise to a level below Natural Real GDP
c. Real GDP to rise to a level dqual to Natural Real GDP.
d. a recessionary gap to turn into an inflationary gap.
Answers
Considering the situation described above, the combination of expansionary monetary policy and a self-regulating economy will cause "Real GDP to rise to a level equal to Natural Real GDP."
This is because when Real GDP rises to a level equal to Natural Real GDP, that means the economy has adjusted such that the economy moves from a recessionary gap into long-run equilibrium.
Generally, the Real GDP shows the actual production level of a country, and as such, when there is neither inflation nor deflation, Real GDP equals Natural Real GDP.
Hence, in this case, it is concluded that the correct answer is option C. "Real GDP to rise to a level equal to Natural Real GDP."
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Donald had purchased a life insurance policy (premiums totaled $158,000) that paid $388,000 in the event of accidental death. The proceeds were payable to Darlene, who elected to receive installment payments as an annuity of $25,000 each year for a 25-year period. She received her first installment this year.
Life Insurance proceeds, annuity:
Amount Received = $25,000
Amount Taxable = _______
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A life insurance policy is a contract between an insurance provider and a policyholder in which the latter makes a one-time or recurring payment to the former in exchange for an indemnity.
Life insurance: What Is It?A policy owner and a life insurance company enter into a contract for life insurance. In exchange for premiums paid by the policyholder during their lifetime, a life insurance policy guarantees that the insurer will pay a sum of money to one or more named beneficiaries when the insured person passes away.
Which three main kinds of life insurance are there?The following are typical types of life insurance: term life insurance. Insurance for the whole life Insurance that covers everyone.
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Suppose in 2016 , the cost of a market basket of goods was $1 ,958 . In 2018 , the cost of the same market basket of goods was $2,107 . Calculate the price index for 2018 , using the price index formula, assume 2016 is the base year. nothing
Answers
Answer:
107.60
Explanation:
The formula for calculating the price index is as below
price index = current market price/ base year price x 100%
price index = $2107/$1958 x 100
price index = 1.076098059 x 100
price index = 107.6098059
One year ago, James Sirlank bought Dell Computer common stock for $20 per share. Today the stock is selling for $19 per share. During the year, James received four dividend payments, each in the amount of $0.20per share. (a) What rate of return did James earn during the year? (b) What were the (1) dividend yield and (2) the capital gains yield associated with the stock for the year?
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Tthe price of the share is down in the year so there will be no Capital gain (*5.26%) for the year but dividend of the the share received so there will be return (-1.05%) and dividend yield (4.21%) .
What will be the return and yield for the year ?Given in the question
Price = $ 20
Selling Price = $ 19
Dividend payment = $ 0.20 per share
As per question
(a) Rate of Return =
\(Total return = (Purchase price - (Sale price + dividend payment))/Purchase price \\ = (20-(19+(0.2*4))/19\\ = -1.05%\)
(b) (1) Dividend yield
\(Dividend Yield = Dividend payment / purchase \\ 0.2*4 / 19\\ = 4.21%\)
(2)
Capital Gain yield
\(Capital gain Yield = (Sale price- purchase price)/Purchase price\\ = (19-20)/20\\ = *5.25%\)
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QS 9-2 (Algo) Reporting current portion of long-term debt LO C1 The liabilities of Organic Foods are made up of $79,000 in notes payable as of its December 31 year-end. For those notes payable, $4,900 is due within the next year. Prepare the liabilities section of Organic Foods’s December 31 year-end balance sheet.
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The amount of an obligation's principal that has to be paid off within a year after the balance sheet date. For instance, if a business has a $50,000 bank loan that needs monthly interest and principle payments, the following 12 months' worth of principal payments will represent the remaining balance on the loan.
What is long term portion of debt?
Debt with a maturity of more than a year is considered long-term debt. The duration of this might range from two to five to ten to even thirty years. The amount of principle and interest of the total debt that is required to be paid within one year is the current share of long-term debt.
A long-term debt has a maturity date that is more than a year out from the balance sheet date. Yet, under the current liabilities part of the balance sheet, any sum that is due within the next 12 months is categorized as the current portion of long-term debt.
Some of the most popular long-term debt instruments utilized by businesses are credit lines, bank loans, and bonds with obligations and maturities longer than one year. A corporation receives cash from all debt instruments, which is classified as a current asset.
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Answer:
Explanation:
The liabilities of Organic Foods are made up of $60,000 in notes payable as of its December 31 year-end. For those notes payable, $3,000 is due within the next yearPrepare the liabilities section of Organic Foods's December 31 year-end balance sheet .
The US Senate overwhelmingly passed the 2022 Defense Authorization Act. The $768 billion "Defense Authorization Act" not only exceeds the defense spending proposed by the Biden administration by $25 billion, but also increases the US defense budget by about 5% compared to last year.
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The US Senate passed the 2022 Defense Authorization Act, a $768 billion bill that surpasses the Biden administration's defense spending proposal by $25 billion and represents a 5% increase in the US defense budget compared to the previous year.
1. The US Senate passed the 2022 Defense Authorization Act.
2. The Defense Authorization Act is a bill that determines the budget and expenditures for the US defense sector.
3. The total amount allocated for the Defense Authorization Act is $768 billion.
4. The defense spending proposed by the Biden administration was exceeded by $25 billion in this Act.
5. The Act represents a 5% increase in the US defense budget when compared to the previous year.
6. This increase in the defense budget indicates a commitment to strengthening the country's defense capabilities.
7. The Act was passed overwhelmingly, indicating strong support from the Senate.
8. The Defense Authorization Act is an essential piece of legislation that ensures the funding and resources necessary for the US military to carry out its operations effectively.
9. The Act covers various aspects of defense spending, including military personnel, equipment, research and development, and strategic initiatives.
10. By passing the Defense Authorization Act, the US Senate has demonstrated its commitment to national security and defense preparedness.
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In one paragraph, describe two ways in which the Credit Card Accountability Responsibility and Disclosure Act (CARD Act) helps customers.
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A consumer protection law called the Credit Card Accountability Responsibility and Disclosure Act of 2009 was passed to protect consumers from unfair business practices by credit card issuers. Increased disclosure of credit card terms and conditions, as well as limitations on associated fees and interest rates, are required to achieve this.
What is a Credit card?A bank or other financial institution issues a small, rectangular piece of plastic or metal known as a credit card, which allows its owner to borrow money in order to pay for goods and services at establishments that accept credit cards.
To protect the customers against unfair practice The Credit Card Accountability Responsibility and Disclosure Act (CARD Act) were passed.
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Prepare Cash Budget For 3 Months Brewster Corporation expects the following cash receipts and disbursements during the first quarter of 2016 (receipts exclude new borrowings and disbursements exclude interest payments on borrowings since January 1, 2016)
January February March
Cash receipts $280,000 $300,000 $270,000
Cash disbursements 260,000 340,000 280,000
The expected cash balance at January 1, 2016, is $62,000. Brewster wants to maintain a cash balance at the end of each month of at least $60,000. Short-term borrowings at 1% interest per month will be used to accomplish this, if necessary. Borrowings (in multiples of $1,000) will be made at the beginning of the month in which they are needed, with interest for that month paid at the end of the month. Prepare a cash budget for the quarter ended March 31, 2016.
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Brewster Corporation's Cash Budget for the three months will be prepared as follows:
Cash Budget
January February March
Beginning balance $62,000 $82,000 $60,810
Cash receipts $280,000 $300,000 $270,000
Borrowings 19,000 10,000
Total cash available $342,000 $401,000 $340,810
Cash disbursements 260,000 340,000 280,000
Interest payment on loan (190) (290)
Ending balance $82,000 $60,810 $60,520
Minimum cash balance $60,000 $60,000 $60,000
Data and Calculations:
January February March
Beginning balance $62,000 $82,000 $60,810
Cash receipts $280,000 $300,000 $270,000
Borrowings in February and March = $19,000 and $10,000
Interest payment on loans (February) = $190 ($19,000 x 1%)
Interest payment on loans (March) = $290 ($29,000 x 1%)
Required minimum monthly cash balance = $60,000
Thus, Brewster Corporation's cash budget for the first quarter of 2016 shows a cash balance of $60,520 with a loan of $29,000.
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Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $19.00 per direct labor-hour and $15.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $21.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 375 $ 39 Direct labor $ 168 $ 84 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate calculations.) 2. If Job N-60 consists of 10 units, what is the unit product cost for this job?
Answers
The total manufacturing cost assigned to Job N-60 is $ 696. If Job N-60 consists of 10 units, the unit product cost for this job is $111.00.
How to find the manufacturing costs ?Direct materials (Assembly + Testing & Packaging) = $375 + $39
= $414
Direct labor (Assembly + Testing & Packaging) = $168 + $84
= $252
Overhead applied (Assembly + Testing & Packaging) = $19 * 168 + $15 * 84 = $316 + $126
= $442
Total manufacturing cost = $414 + $252 + $442
= $1110
Unit product cost = Total manufacturing cost / Number of units
= $1110 / 10
= $111.00
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Think of a time when effective or ineffective communication affected your success at home, school, or work.
In paragraph 1, describe what happened, in detail.
In paragraph 2, explain how strong communication contributed to or could have improved the situation’s outcome. Be specific.
Answers
Answer:
Ineffective communication affected my success when I wanted to sell my skincare product to an Asian who did not really have a full grasp of the English language.
Explanation:
I experienced ineffective communication which was caused by a language barrier between me and an Asian woman to whom I wanted to sell a skincare cream. I tried explaining the benefits of the cream to her, but she seemed not to understand what I was saying. At the end of the day, she did not purchase the cream.
In order to sell skincare creams, a person must communicate the full benefits of such cream to a potential buyer since he/she might already have had something he uses before. If the woman had a strong grasp of the English language, it would have been easier for me to convince her to buy the cream as I would have employed persuasive terminologies that would appeal to her.
An example of ineffective communication was when I went to France for vacation and I tried communicating with someone in English but he didn't understand me.
Ineffective communication simply means a form of communication where the receiver can't understand the message and therefore the message wasn't conveyed properly.
An example of ineffective communication was when I went to France for vacation and I tried communicating with someone in English but he didn't understand me.
The communication was ineffective because we were both speaking different languages. It'll have been effective if we spoke the same language.
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If the amount of gasoline purchased per car at a large service station has a population of $15 and a population standard deviation of$4 then 99.73% of all cars will purchase between $3 and $27
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The range between $3 and $27 is three standard deviations away from the mean.
Since we know that 99.73% of the data falls within three standard deviations of the mean, we can estimate that 99.73% of all cars will purchase gasoline between $3 and $27.
According to the given information, the population mean is $15, and the population standard deviation is $4.
This means that 99.73% of all cars will purchase gasoline within three standard deviations of the mean, using the empirical rule.
Therefore, we can use the empirical rule to estimate the percentage of cars that will purchase gasoline between $3 and $27.
The empirical rule is also known as the 68-95-99.7 rule, which states that:Approximately 68% of the data falls within one standard deviation of the meanApproximately 95% of the data falls within two standard deviations of the meanApproximately 99.7% of the data falls within three standard deviations of the mean.
To find the number of standard deviations that correspond to $3 and $27, we need to calculate the z-scores.
The z-score formula is given as:z = (x - μ) / σwhere z is the standard score, x is the value of the variable, μ is the population mean, and σ is the population standard deviation.
To find the z-score for $3, we plug in the values:z = (3 - 15) / 4z = -3To find the z-score for $27, we plug in the values:z = (27 - 15) / 4z = 3.
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Give a minimum of three reasons why cover letters are important.
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Answer:
1. Cover letters can prove that you're a serious candidate for the job.
2. It can showcase how your unique skills and experience meet the key requirements of the job description.
3. It gives more of a background knowledge of who you are.
Explanation:
Answer:
- Demonstrates professionalism and initiative
- Expands upon the main idea in the résumé
- Goes in-depth about experiences and skills
- Shows employer a glimpse of the applicant’s personality
- Opportunity to show company and industry knowledge
- Provides a sample of written communication skills
Explanation:
got it right on edg22
Instruction Prepare entries for these transactions. on July 1,aron englard discounts at the bank: customer 's 6-month ,$ 14,000 note dated march 1 and bearing interest at 10% per annum .the bank accepts the note with recourse and discounts it at 12 % Instruction (a) Determine note under consideration prepare journal entries for the accrued interest at july 1,the discounting on that date ,and the bank collection on September 1. Assume the following two cases: Case I: the discounting is to be treated as sale. Case II: the discounting is be treated as a borrowing.
Answers
(a) Journal Entries:
Case I: Discounts are regarded as sales.
What are the Journal Entries?On July 1, record the interest that had been paid:
700 Notes Receivable in Interest and Receivable in Interest and Interest Income
To record the sale of the note on July 1: Interest = $14,000 x 10% x (5/12) = $583.33 Interest Receivable = $583.33 x (1/2) = $291.67 Notes Receivable = $14,000 - $291.67 = $13,308.33
Cash | 11,704.71 Discount on Notes Receivable | 1,295.83 Notes Receivable | 13,00
To record the bank collection on September 1: Discount = $14,000 x 12% x (6/12) = $840 Proceeds = $14,000 - $840 = $13,160 Discount on Notes Receivable = $840 x (1/2) = $420 Cash = $13,160 - $420 = $11,704.17
Cash | 14,000 Receivables | 700 Interest Income | 595.83 Discount on Receivable Notes | 98.33
Discount Amortization = $840 minus $420 = $420 Discount on Notes Receivable = $420 minus (2/2) = $420 Interest Income = $700 minus $291.67 = $408.33 Cash = $14,000 minus $420 minus $408.33 = $13,171.67 Case II: Discounting is considered a loan.
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Type the correct answer in the box. Spell all words correctly.
Complete the sentence using the correct term.
Heavy industrialization is polluting a natural lake in a certain area. The lake is a habitat for various natural flora and fauna. The local government is looking for ways to improve the condition of the lake and make it a tourist attraction. They should seek the help of a(n)
Answers
Answer:
(i know this is late) im taking the test on plato and I think it's a hydrologist
Explanation:
On June 25, Obermayer Repair Service extended an offer of $127,000 for land that had been priced for sale at $145,000. On July 9, Obermayer Repair Service accepted the seller's counteroffer of $138,000. On October 1, the land was assessed at a value of $207,000 for property tax purposes. On December 22, Obermayer Repair Service was offered $221,000 for the land by a national retail chain.
At what value should the land be recorded in Obermayer Repair Service's records?
$fill in the blank 1
Answers
Answer:
$138,000
Explanation:
Based on the information given the value at which the land should be recorded is 138,000 reason been that we were told that the repairer which is Obermayer Repair Service accepted the seller's counteroffer of the amount of $138,000 and based on accounting principle of COST CONCEPT the land should be recorded at the value or amount of $138,000 which is the seller's counteroffer amount that was accepted by Gallatin Repair Service.
Holloway Company earned $6,800 of service revenue on account during Year 1. The company collected $5,780 cash from accounts receivable during Year 1. Required Based on this information alone, determine the following for Holloway Company. (Hint: Record the events in general ledger accounts under an accounting equation before satisfying the requirements.) (Enter any decreases to account balances with a minus sign.) a. The balance of the accounts receivable that would be reported on the December 31, Year 1, balance sheet. b. The amount of net income that would be reported on the Year 1 income statement. c. The amount of net cash flow from operating activities that would be reported on the Year 1 statement of cash flows. d. The amount of retained earnings that would be reported on the Year 1 balance sheet.
Answers
The further discussion can be defined as follows:
For point A:Calculated to use this formulation is the account receivable
reported on the balance sheets
Using formula:
Admissible Accounts
For point B:The reported net income is revenue from services of \(\$18,000\)
For point C:The reported net cash flow from operations is \(\$14,000\) in
cash from accounts receivables in 1 year.
For point D:Reclaimed revenues are \(\$18,000\) representing the amount of net
income transferred to the retained income account.
So, the final answer is "$4,000, $18,000, $14,000, and $18,000".
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50 POINTS!! :) The graph shows the marginal cost of producing soccer cleats for Sabrina’s Soccer.
At which level of production does the company make the most profit?
the first pair of cleats
the second pair of cleats
the third pair of cleats
the fourth pair of cleats
Answers
Answer:
pretty sure the 1st pair because on the graph it shows thay make $7 and yeh rest make like no more than 5 dolars
Explanation:
Production is termed as the manufacturing of the raw materials in the machines or the advanced technology in order to produce products and services for the demand fulfillment of the customers.
The correct answer analyzing the graph is the first pair of cleats.
The marginal cost is the cost that is incurred at the change in the total cost at the situation when the production of the goods and services increases and the quantity demanded changes. This is computed by dividing the change in cost by the change in the quantity of the goods and services produced for the consumption of the customers.
In the graph shown here, the cleats are the metal material that has been utilized for the curve showing the level of production in the graph of the soccer cleats. In the graph shown here, the cleats are the metal material that has been utilized for the curve showing the level of production in the graph of the soccer cleats.
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What is one
disadvantage of bartering over using currency to
purchase goods?
Answers
Answer:
Explanation:
Disadvantages are that bartering frequently requires much time and hassle and that goods are often not readily divisible, meaning that swapped goods have to be basically equal in value if a trade is to occur. ... Money that has intrinsic value can be used for purposes other than for use as money.
How do i get as much mony as bill gates todey?
Answers
Answer:
be very famous
Explanation:
why do i need to have 20 letters
d. the expectation that the equilibrium price of auto tires will be lower in the future than it is now: (click to select) .
Answers
In the hopes that the equilibrium price of auto tires would drop in the future, businesses are selling their inventory now while the price is still high.
What is supply?The amount of a resource that businesses, producers, workers, providers of financial assets, or other economic agents are willing and able to offer to the market or to a specific person is known as supply in economics.
Supply can refer to manufactured items, labor hours, raw resources, or any other in-demand or pricey item.
Supply is frequently represented graphically as a supply curve, with the amount supplied as a function of price on the horizontal axis and price per unit on the vertical axis.
It is sad yet a common practice to reverse the dependent and independent variables from their customary positions.
So, in the given situation, the supply increases.
Businesses sell their inventories now while the price is still high in the hopes that the equilibrium price of auto tires would decrease in the future.
Therefore, in the hopes that the equilibrium price of auto tires would drop in the future, businesses are selling their inventory now while the price is still high.
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Correct question:
The expectation that the equilibrium price of auto tires will be lower in the future than it is now: Supply _____
When the economy is doing well, the financial market is also guaranteed to do well.
True
False
Answers
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disadvantages of starting a business as an entrepreneur ?
Answers
What are examples of Information Technology careers?
Answers
Answer:
web developer
information security analyst
product safety engineer
computer user support specialist
computer programmer
some careers in information technology are listed below;
Computer TechnicianComputer EngineerWeb MasterProgrammerData ArtchiterComputer DesignerSoftware EngineerSoftware TrainerInformation technology TeacherIT ManagerAdvise the management of ABC Ltd.
about the various groups that can
be created in an organisation
= Effective group, Formal group, Informal group
Answers
Explanation:
Effective group, Formal group, Informal group is the correct answer
The management of ABC Ltd. can create various groups in an organization like Effective group, Formal group, Informal group .
What is an organization?An organization refers to a collection of people, who are involved and work together in pursuing or achieving a defined objectives. It is a type of social system which comprises human relationships in a forma manner.
In organization there is division of work among employees and the tasks are given so that the ultimate goal of the company or an organization can be achieved.
An organization has a proper hierarchy of people and follow a proper formal structure to achieve the goals of the organization.
The management of ABC Ltd. can create various groups in an organization like Effective group, Formal group, Informal group .
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Volunteer Corporation reported taxable income of $490,000 from operations this year. The company paid federal income taxes of $102,900 on this taxable income. During the year, the company made a distribution of land to its sole shareholder, Rocky Topp. The land’s fair market value was $120,500 and its tax and E&P basis to Volunteer was $55,500. Rocky assumed a mortgage attached to the land of $24,100. The company had accumulated E&P of $934,000 at the beginning of the year.
a. Compute Volunteer’s taxable income and federal income tax.
b. Compute Volunteer's current E&P before the distribution.
c. Compute Volunteer’s accumulated E&P at the beginning of next year.
d. What amount of dividend income does Rocky report as a result of the distribution?
e. What is Rocky’s income tax basis in the land received from Volunteer?
Answers
From the information given,
Federal Income Tax = $138,750 Current E& P for the year = $ 416,250Accumulated E&P at the beginning of the next year = $ 1,253,850Rocky’s Dividend Income Reported = $ 96,400Rocky’s Income Tax basis = $ 120,500The calculations are given as followsFederal Income Tax:
Taxable income from operations $490,000
Add: Gain on the distribution of land
($120,500 - 55,500) = 65,000
Total taxable income $555,000
Federal Income Tax ($555,000 * 25%) = $138,750
Volunteers current E&P
Taxable income $555,000
Subtract: Federal Income Tax $138,750
Adjustment for gain on distribution Of land $ 0
Current E&P before distribution $416,250
Volunteers E&P at the beginning of Next Year
Current E&P $ 416,250
Subtract: Fair market value of land distributed
in the previous year $120,500
Add: Mortgage assumed by rocky $24,100
CE &P after distribution $319,850
Accumulated E&P, beginning of current Year $934,000
Accumulated E&P, beginning of Nex Year $1,253,850
Rocky reports a dividend income given as:
Fair Market Value of Land (-) Liability
That is: 120,500 - $24,100
Dividend income = $ 96,400
($124,500) income tax basis in the land equals its fair market value
Income Tax basis = Fair Market Value of Land = $ 120,500
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Can you name me 2 commercial products that donate to nonprofit organization?
Answers
Two commercial products that donate to nonprofit organizations are Netflix and Amazon.
What are nonprofit organizations?Nonprofit organizations or non-profit organizations, also known as non-business entities, not-for-profit organizations, or nonprofit institutions, is a legal entities organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties.
An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs etc.
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The following model is a simplified version of the multiple regression model used by
Biddle and Hamermesh (1990) to study the trade-off between time spent on sleeping and working
and to look at other factors affecting sleep:
Where sleep and totwrk (total work) are measured in minutes per week and educ and age are
measured in years.
A. If adults trade off sleep for work, what is the sign of ?
B. What signs do you think and will have?
Using the data we estimated the equation and obtained (the standard errors in brackets):
Sleep = 3.638.25 - 0.148 totwrk - 11.13 educ + 2.20age
(112.28) (0.017) (5.88) (1.45)
n = 706 R2 = 0.113
C. Is either educ or age individually significant at the 5% level against a two-sided
alternative?
Dropping educ and age from the equation gives
Sleep = 3.586.38 - 0.151 totwrk
(38.91) (0.017)
n = 706 R
2
= 0.103
Are educ and age jointly significant in the original equation at the 5% level?
D. Does including educ and age in the model greatly affect the estimated trade-off between
sleeping and working?
E. Suppose that the sleep equation contains heteroskedasticity. What does it mean about the
tests computed in B and D
Answers
Answer:
A. If adults trade off sleep for work, the sign of should be negative, because an increase in the amount of work would be expected to result in a decrease in the amount of sleep.
B. It is expected that and will be negative, because an increase in education and age would be expected to result in a decrease in the amount of sleep.
C. Based on the estimated equation, educ is individually significant at the 5% level against a two-sided alternative, because the p-value of 0.000 is less than 0.05. Age is not individually significant at the 5% level, because the p-value of 0.139 is greater than 0.05.
D. Educ and age are jointly significant in the original equation at the 5% level, because the p-value of 0.000 is less than 0.05.
E. If the sleep equation contains heteroskedasticity, it means that the variance of the errors is not constant across different values of the independent variables. This can affect the tests computed in parts B and D, because the assumption of constant variance is often used in statistical tests. Heteroskedasticity can lead to biased and inconsistent estimators and can also result in incorrect p-values and confidence intervals.
Explanation:
WHAT IS Segmentation,
Answers
Answer:
Segmentation is to divide something into separate parts or sections