Alocal building products store has accumulated sales data for 2 x 4 lumber (in board feet) and the number of building permits in its area for the past 10 quarters: quarter building permits x lumber sales (1000s of board feet) 1 8 12.6 2 12 16.3 3 7 9.3 4 9 11.5 5 15 18.1 6 6 7.6 7 5 6.2 8 8 14.2 9 10 15.0 10 12 17.8 a) develop a linear regression model for these data and determine the strength of the linear relationship using correlation. (15 points) b) if the model appears to be relatively strong, determine the forecast for lumber given ten building permits in the next quarter. (10 points)
Answers: 3
Business, 23.06.2019 01:50, maddie7417
You are looking at a one-year loan of $16,500. the interest rate is quoted as 8.7 percent plus two points. a point on a loan is 1 percent (one percentage point) of the loan amount. quotes similar to this one are common with home mortgages. the interest rate quotation in this example requires the borrower to pay two points to the lender up front and repay the loan later with 8.7 percent interest. what rate would you actually be paying here?
Answers: 3
Business, 23.06.2019 01:50, snikergrace
The capital balances, prior to the liquidation of the benjamin, gaynor, megan partnership, were as follows: benjamin, capital $100,000gaynor, capital $120,000megan, capital $175,000benjamin, gaynor, and megan share profits and losses in the ratio of 25%, 40%, 35%. as a result of a loan, the partnership owes gaynor $80,000. using the information above, which partner has the highest loss absorption power (lap) prior to liquidation? a. gaynorb. meganc. benjamind. both gaynor and megan have the same lap
Answers: 2
Alocal building products store has accumulated sales data for 2 x 4 lumber (in board feet) and the n...
History, 03.02.2020 14:59