If the exchange rate between the euro and the dollar is €1.00 = $1.10, and an American tourist in France is buying a product whose price is €50, how much in U. S. dollars would the tourist have to pay for the product?

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.

Providing a great shopping experience to customers is one of the important objectives of purple fashions inc., a clothing store. to achieve this objective, the company has a team of committed customer service professionals whose job is to ensure that customers get exactly what they want. this scenario illustrates that purple fashions is trying to achieve

The third program provides families with $50 in food stamps each week, redeemable for both perishable and nonperishable food. the fourth policy instead provides a family with a box of nonperishable foods each week, worth $50. use two graphs to illustrate that a family may be indifferent between the two programs, but will never prefer the $50 box of nonperishable foods over the $50 in food stamps. state your answer and use a consumer choice model for perishable food and nonperishable food to graphically justify your choice.