Business, 15.10.2019 05:00 chrisraptorofficial

Abank developed a model for predicting the average checking and savings account balance as balance= - $17,732 +367 x age + $1300 x years education +0.116 x household wealth.
a. explain how to interpret the numbers in this model
b. using excel input a customer 32 years old, is a college graduate (16 years of education) and has a household wealth of $150,000. what is predicted bank balance using excel

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 05:20, RichardKing2376

What are the general categories of capital budget scenarios? describe the overall decision-making context for each.

Answers: 3

continue

Business, 22.06.2019 10:40, meillsss

Parks corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. the investment would provide cash inflows of $2,000 per year for six years. the working capital would be released for use elsewhere when the project is completed. if the company's discount rate is 10%, the investment's net present value is closest to (ignore income taxes) ?

Answers: 1

continue

Business, 22.06.2019 14:00, gcristhian8863

Which of the following would be an accurate statement about achieving a balanced budget

Answers: 1

continue

Business, 22.06.2019 22:50, chrisraptorofficial

Wendy made her career planning timeline in 2010. in what year should wendy's timeline start? a. 2013 o b. 2012 oc. 2010 o d. 2011

Answers: 2

continue

You know the right answer?

Abank developed a model for predicting the average checking and savings account balance as balance=...