As a sales manager for GooGooLi Corporation, you have asked your sales analytics team to provide you with a predictive model of the factors that can help you predict the sales for the next quarter. In the report, your sales analytics experts have developed a new regression model that can explain the variation in quarterly sales better than the previous model. You decide to verify this by comparing the results of the new model (that explains sales variation better) with the older model. You expect to see the ________ for new model to be _________ than the old model.

Answers

Answer 1

Answer:

As a sales manager for GooGooLi Corporation, you have asked your sales analytics team to provide you with a predictive model of the factors that can help you predict the sales for the next quarter. In the report, your sales analytics experts have developed a new regression model that can explain the variation in quarterly sales better than the previous model. You decide to verify this by comparing the results of the new model (that explains sales variation better) with the older model. You expect to see the R-square for new model to be higher than the old model.

Explanation:

As the R square is the coefficient of the variation and it determines the percentage of explained variability of the data. It should be higher as the new model is the best fit to the data.


Related Questions

Why is it important that your resume, cover letter, and job application all contain the same information?

Answers

Answer:

A cover letter is an important way to showcase how your unique combination of skills and experience meet the key requirements of the job description. It is your chance to show a clear link between your knowledge, experience and abilities and the needs of the employer.

Explanation:

helppppp due in 1 minute!!!!
A bush pilot was asked to fly the perimeter of a state park to look for black bears. The state park is a rectangular shape 20 miles wide and 32 miles long. What is the perimeter of the state park?
A 52 miles
B 104 miles
C 320 miles
D 640 miles

Answers

B
2(32+20)
= 104
hope this helps

Answer:

It is B

Explanation:

20x2 + 32x2 = 104

Which is B

Hope this helped :)

During which stage of the product life cycle does a company typically expand its product mix?

A. introduction stage

B. growth stage

C. maturity stage

D. decline stage

Answers

Answer:Growth Stage

Explanation:

Jeannine and Ryan, have both been working full-time jobs for many years. They are about to adopt three siblings and are trying to decide if they are both going to keep working. What disadvantage will they likely experience if they choose a single income option?

A.
They will have higher costs for childcare.

B.
They will have a greater amount of financial income.

C.
They will have less time to spend with their new baby.

D.
They will have less disposable income.

Answers

Answer: D

Explanation:

Answer: They will have less disposable income.

by wr
workbook:
1.1 Assets minus Owner's Equity
A. Current liabilities
B. Capital
C. Liabilities
D. Current assets​

Answers

Answer:

C. Liabilities

Explanation:

Financial accounting can be defined as the field of accounting involving specific processes such as recording, summarizing, analysis and reporting of financial transactions with respect to business operations over a specific period of time.

Owner's equity is simply what a person owns outrightly and it is also referred to as net worth. It ​can be defined as the value of financial and non-financial assets owned by a person minus the total outstanding liabilities or debts of that person. Simply stated, owner's equity refers to the difference between the amount a person own (asset) and the amount owed (liability).

Mathematically, net worth is given by the formula;

[tex] Owner's \; equity = Total \; assets - Total \; liabilities[/tex]

Making liabilities the subject of formula, we have;

[tex] Total \; liabilities = Total \; assets - Owner's \; equity [/tex]

In Financial accounting, liability can be defined as the amount of money being owed by an individual or organization to another.

Simply stated, liability is a debt being owed and as such it usually has "payable" in its account title on the balance sheet.

Generally, liabilities are recorded on the right side of the balance sheet and it comprises of financial informations such as warranties, bonds, loans, deferred revenues, mortgages, account payable etc.

Hence, Assets minus Owner's Equity is equal to Liabilities.

Suppose Jon is Kayla's boss. Thus, in this relationship, Kayla is the agent. In the course of her employment, Jon gives Kayla unlawful instructions to commit tax fraud for the company's finances. In this situation, _______________________. multiple choice the agent is required to follow the instruction due to the duty of obedience the agent is required to notify the EPA about the principal the agent is required to follow this instruction due to the duty of accounting the agent is not required to follow this instruction the agent is required to follow the instruction due to the duty of loyalty

Answers

Answer:

the agent is not required to follow this instruction

Explanation:

Agency in this context is simply defined as the relationship that exist usually between a principal and an agent.

An Agent is simply an individual who has been licensed or authorized to act for and on behalf of a principal.

A Principal is an individual who hires an agent to stand in place or represent him or her.

Fiduciary

This is the duty of an individual with a duty to act in place or primarily for another person's benefit.

An agent who makes an unauthorized agreement has failed to meet the duty of obedience. When the principal gives unlawful or unethical instructions, the agent is not bound or required to behave in accordance with them. A principal-agent relationship comes to play when an employer hires an employee to enter into contracts on behalf of the employer usually the more basic type of agency relationship.

An Unauthorized acts

This is defined as an acts go beyond the range of the agent's authority.

Suppose all firms follow similar financing policies, face similar risks, have equal access to capital, and operate in competitive product and capital markets. However, firms face different operating conditions because, for example, the grocery store industry is different from the airline industry. Under these conditions, firms with high profit margins will tend to have high asset turnover ratios, and firms with low profit margins will tend to have low turnover ratios.

a. True

b. False

Answers

The answer is false!
i am just answering for points

When is the only time to abbreviate on a job application? Question 3 options: In the Personal Information section In the Position & Availability section Only when space is limited Signature section

Answers

Answer:

Availability Section

Explanation:

All the information in a job application needs to be very detailed and with little to no room for interpretation. This is because a job application is a one-time deal meaning you do not get to redo it once you turn it in. If the hiring manager does not understand something in the job application they will simply throw it away and pass on to the next application on the list, they will not waste time on it. Therefore, the only thing that can be abbreviated would be the Availability Section when dealing with days of the week. Instead of spelling out every day you can say any of the following...

Mon, Tue, Wed, Thu, Fri, Sat, Sun

Sat-Sun

Mon-Fri

What is it called when someone doesn't have enough money in an account to cover a charge?

a. Insufficient founds

b. Compound interest

c. Pending charge

d. Negative balance

Answers

a. insufficient funds

It is called (a.) Insufficient funds, when someone doesn't have enough money to cover a charge.

The terms with following points are as follows,

Insufficient funds, when there's not enough balance for payment.Compound interest, it is a type of interest which counts as persons earning.Pending charge, This is a charge which is to be deducted from account.Negative balance, This shows minus(-) or negative balance in a account.

Learn more: brainly.com/question/4557688

Help me please... help

Answers

Mate your answer is B

Hope my answer helps you

Answer:

A

Explanation:

by having lower prices there may be a chance of selling more and therefore gathering more money. if that makes any sense ?

parking costs are incurred regardless of how well an event does.

Answers

Answer:

Fixed

Explanation:

The Answer is Fixed Parking because is depending on how the event changes on increasing or decreasing ticket pricing after the service revenue sold

The fixed parking costs are incurred regardless of how well an event does.

What is fixed packing cost?

The cost of packing that occurred either any product is made or not is called as the fixed cost. This cost occurred if any product is generated from the product.

Regardless matter how well an event performs, the set parking charges must be paid. This type of cost is incurred on the packing of any product that is going to be marketed.

Therefore, sometimes the fixed packing cost incurred if product is not made.

Learn more about the fixed packing, refer to;

https://brainly.com/question/14084984

#SPJ2

Economic justice was not a mainstream concept before the Great Depression. The predominant economic theory advocated a laissez-faire market philosophy in which markets would fix themselves through unregulated cycles. With the development of industrialization, business cycles became more and more extreme with dire consequences for ordinary people. With the Great Depression, some began to advocate for a change in philosophy.
Match the following advocates with the policy for which they advocated.

Advocates:
John Maynard Keynes
Upton Sinclair
the U.S. Supreme Court
Huey Long

Policies:
"Share the Wealth" movement
large-scale government spending
cooperative ventures

Answers

Answer:

1) "Share the Wealth" movement:

[Huey Long]

2)large-scale government spending:

[John Maynard Keynes]

3) cooperative ventures:

[Upton Sinclair]

Explanation:

The Great Depression which was at its peak arround 1930s was regarded as

severe worldwide economic depression which started from United States. In some other countries it started arround 1929. Some advocates advocated some policy for change in philosophy after this, some of the advocates are;

1) Huey Long that as advocates for "Share the Wealth" movement" which started in the year 1934, Huey Long was governor in U.S, and he later became a Senator at Louisiana, his policy was that economy must be stimulated and stressed that there should be massive federal spending as well as wealth redistribution.

2)John Maynard Keynes : in his movement arround

year 1934 call the state for utilization of idle factories as well as land that cooperative ventures has to support the economy

Promotion to consumers is called

Answers

Sales promotion

Sale promotion targeted at retailers and wholesale are called trade sale promotion

The County Commission of Benton County adopted its General Fund budget for the year ending June 30,comprising estimated revenues of $3,200,000 and appropriations of $2,900,000.Benton County utilizes the budgetary accounts required by GASB standards.The journal entry to record budgeted appropriations will include
A) A credit to Appropriations,$2,900,000.
B) A credit to Encumbrances,$2,900,000.
C) A debit to Estimated Expenditures,$2,900,000.
D) A credit to Budgetary Fund Balance,$2,900,000.

Answers

D is the correct answer

i need help with this problem
thank you in advanced

Answers

Answer:

Price will decrease when supply increases. Supply will increase when. Quantity exchanged will increase when supply decreases

convert the following temperature to Celsius scale (a) 450 k, (b) 273 k, (c) 73 k.​

Answers

Answer: See explanation

Explanation:

To convert to Celcius scale from Kelvin, the formula to use is:

Temperature in Celcius = Temperature in Kelvin - 273

a. 450k

Temperature in Celcius = Temperature in Kelvin - 273

= 450 - 273

= 177°Celcius

(b) 273 k

Temperature in Celcius = Temperature in Kelvin - 273

= 273 - 273

= 0°C

(c) 73 k

Temperature in Celcius = Temperature in Kelvin - 273

= 73 - 273

= -200°C

If the forecast called for the temperature to drop to 35 degrees for two weeks, what would
happen to the supply and demand for lemons?

Answers

Answer:

Well the lemons would overall stop growing. Cause they would get to cold and say brrrr! So naturally the fruit stop growing cause it's trying to stay warm. The overall product would slow down then. Also if the coldness was imediate then it would out the lemons into shock.

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the supply and demand would increase due to the hot weather and the sudden rate of things such as lemonade stands. this would mean that the weather would act as an extension strategy for any lemonade businesses, and also for the supermarkets in which they’re bought from.

Which of the following laws limits the hours and types of duties in which teens can work​

Answers

Fair Labor Standards Act

pls can someone buy me the upgrade i beg youuu :(

Answers

what upgrade are you talking about

Answer:

no

Explanation:

why is it important to start with temporary investments that lead to permanent investments

Answers

These investments are commonly used when a business has a short-term excess of funds on which it wants to earn interest, but which will be needed to fund operations within the near future. These types of investments are usually very safe, but also have quite a low rate of return.

discuss the impact of discriminating behaviour the individual and society​

Answers

Discriminating behaviour has the following impact on the individual and society:

It can lead to conflict and unrest in the society.It can lead to low self esteem and depression.

What is discrimination?

Discrimination is when a person is treated unfairly and differently from other people based on age, gender, religion or race.  For example, a person of colour might be denied entry into a restaurant based on her skin colour.

To learn more about discrimination, please check: https://brainly.com/question/22843559

Aleisha wants to buy a condominium. She has the choice of buying it now or renting it with the option to buy at the end of 4 years. If she rents now, she must pay a deposit of $1,500 and pay rent of $865 per month. If she buys, she would need closing costs and her mortgage payment would be $844 a month for 4 years. How much would her closing costs need to be in order for the cost to buy to be the same as the cost to rent

Answers

Answer:correct option is b. $2,508Step-by-step explanation:given datafor rent deposit = $1,500rent = $865 per monthtime = 4 yearmortgage payment = $844to find outHow much would her closing costs need to order for the cost to buy to same as cost to rentsolutionfirst we get here Total payment by monthly payment for 4 year rent isTotal payment = $865 × 4 year × 12 monthsTotal payment for rent = $41520and so the total amount pay in rent istotal amount pay in rent = Amount deposited + Total payment   ..............1total amount pay in rent = $1500 + $41520total amount pay in rent = $43020andnow we get total payment by monthly payment for 4 year when buytotal payment =  $844 × 4 year × 12 monthstotal payment for buy = $40512and now we consider here closing costs for buying =  xsototal amount pay in buy = total payment + closing costs   ..............2total amount pay in buy = $40512 + xso here cost to buy to be same as cost to rent so$40512 + x = $43020x = $2508so here closing costs will be $2508so correct option is b. $2,508:

Question 4 of 40
A factory would be considered what type of economic resource?
A. Labor
B. Entrepreneurship
C. Capital
D. Land
SUBMIT

Answers

Answer:

C. Capital

Explanation:

An economic resource can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.

The four (4) fundamental economic resources are;

I. Land: this refers to the natural resources and raw materials extracted from the ground or grown in the soil e.g oil, gold, rubber, cocoa, etc.

II. Labor (working): this is the human capital or workers who are saddled with the responsibility of overseeing and managing all the aspects of production.

III. Entrepreneurship: it is intellectual capacity required to drive a business and the skills to develop an idea into a money making venture (business).

IV. Capital: it includes the physical assets used for production of goods and services such as equipment, money, plant or factory, etc.

Hence, a factory would be considered as a capital type of economic resource.

Answer:

C. Capital

Explanation:

Hope this helps!!

PM Industries has two service departments (Administration and Maintenance) and two operating departments. Departmental costs before allocations are $950,000 for Administration and $1,650,000 for Maintenance. Maintenance costs are allocated on the basis of the number of LPM employees. Administration has 450 employees; Maintenance has 750 employees; Operating Department 1 has 1,350 employees and Operating Department 2 has 1,200 employees. Using the step-down method, how much of the cost from the Maintenance Department will be allocated to Administration

Answers

Answer:

The answer is " 873,529.412"

Explanation:

Following are the equation which the administration would be responsible for the costs of the maintenance departments:

[tex]\to 1,650,000 \times \frac{1,350}{(1,350+1,200)}\\\\\to 1,650,000 \times \frac{1,350}{2,550}\\\\\to 1,650,000 \times \frac{135}{255}\\\\\to 1,650,000 \times \frac{27}{51}\\\\\to 1,650,000 \times \frac{9}{17}\\\\\to \frac{14,850,000}{17}\\\\\to 873,529.412[/tex]

Select the correct answers.
Goods Ltd. is an FMCQ goods manufacturer. It plans to introduce new products in the market within its existing product category. Which of
these terms describes the company's action?
O A. category extension
OB
line extension
OC.
line pruning
OD
line stretching

Answers

Answer: line extension

Explanation:

The action whereby the company plans to introduce new products in the market within its existing product category is referred to as line extension.

Line extension occurs when the brand name for an established product is used for a new item that is in same product category. This can be in form of added ingredients, colors, new flavors etc. An example is a manufacturer of soft drink who adds "apple flavor"manufacturer to its existing "orange flavor"

Payroll deductions are the same for all employees.

Answers

Answer:

no it depends the age and how good u are at your job.

Explanation:

The business cycle affects output and employment in capital and durable goods industries more severely than in industries producing non-durable goods because, ______. Multiple choice question. during a boom, business investment in new capital goods and consumer spending on new durable goods decline sharply during a recession, business and consumer spending on nondurable goods decline sharply during a recession, business investment in new capital goods and consumer spending on new durable goods rise sharply during a recession, business investment in new capital goods and consumer spending on new durable goods can be postponed

Answers

Answer:

During a recession business investment in new capital goods and consumer spending on new durable goods can be postponed

Explanation:

The business cycle are simply cycles or series of cycles of economic expansion and contraction.

An Economic expansion is simply defined as an increase in the level of economic activity, goods and services available. It is a period of economic growth usually measured by a rise in real GDP.

Economic growth

Economic growth is an increase in the capacity of an economy to produce goods and services, usuallycompared from one period of time to another time.

The four phases of the business cycle are;

1. Peak

2.Recession

3. Trough

4. Expansion

The length of a complete cycle usually varies from 2-3 years to 15 years.

Who knows about the College called.. IAP ?

Would you guys recommend it, or not?

Because right now, I’m in high school but I’m almost going to graduate. And there’s so many ppl that I know that want to go to community colleges and so I don’t know what to do because what I want to do, you don’t need a degree and the college that I want to go to, you are there part time, either online or in person but the problem is .. how do I know if it’s a scam or not? Because the answer is I don’t. I’ve been wanting to go here because you can get whatever course you want done fast and they help you get the job that you want ASAP, which it’s like 6-12 weeks to complete your courses. And the other reason why I want to go here is because it’s a fair price for each course you want to take. It makes sense though I guess because all of those courses for that college, you don’t need a degree but they help you get the job that you want after you take those courses, and I think that’s cool but.. like I said, I don’t know if it’s a scam or not. That’s why I’m asking on here (lol) because people that I know, family, and my friends, no one knows about this college and I don’t want to get my hopes up knowing if it’s a scam, why even try getting into this college. If I make sense. Hope you guys can help me out. It’ll mean a lot, thank you :) .

Also, I give Brainliest for whoever wants it!

Please no links

Answers

i do not know about the college called IAP

neither because i have not read any reviews

i’m up for brainliest

Zero Zone,Inc.manufactures and sells display refrigeration and freezer units to supermarkets.The manufacturer is successful because it is able to keep the promises it makes.All customers know that Zero Zone's salespeople and its products live up to all the promises made.This is an illustration of which factor necessary for mutual trust to develop?
A) Dependability
B) Sales orientation
C) Likability
D) Spontaneity
E) Profitability

Answers

It is A Dependability

30 points please help!
The incredible Ice cream company wants to preserve their secret recipes for their ice cream products. They require all employees to sign a document stating they will not work for a competing ice cream company or open their own ice cream business. Which type of document do employees sign?

a. non-compete agreement
b. partnership agreement
c. confidentiality agreement

Answers

Answer:

B.

Explanation:

Answer:

i believe is A. non compete agreement

Explanation:

is easy i did it

if it was helpfully pls give me points and a heart

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A statement of opinion that needs to be proven in order to show that it is true Select one:subjectClaimEvidenceFact How do virus cause disease Two chords, AC and DE, intersect inside of circle O at point X. AX=15 cm, CX= 12 cm, and EX= 21 cm. Find DE Which of these sentences uses an appositive correctly? My teacher, Ms. Smith, is very smart and funny. My teacher, Ms. Smith is very smart and funny. My teacher Ms. Smith is very, smart and, funny. My teacher, Ms. Smith is very smart, and funny. Decide if the following sentence is grammatically CORRECT or INCORRECT.Der Hund beit den Mann.correctincorrect Which of the following happened first?a.Peasant Crusaders attacked Jews in Germany.b.Saladin successfully defended Jerusalem against King Richard I.c.Crusaders attacked Constantinople.d.Pope Urban II called on Christians to fight the Muslim Turks.Please select the best answer from the choices providedABCD guys help this makes no sense you will get lots of points for a real answer imperfect or preterite question. picture attatched. Whos the protagonist of the strangers that came to town In animals, glucose is absorbed from the gut into intestinal cells against its concentration of gradient. This one-way process requires energy to work. Which of the following best describes how glucose is absorbed into intestinal cells?A. By osmosisB. By diffusionC. By a bufferD. By active transport does altitude has an effect on weight, yes or no The net force of a vehicle that is accelerating at a rate of 1.5 m/s2 is 1,800 newtons. What is the mass of the vehicle to the nearest kilogram? Which of the following units is most likely to be used to measure thelength of a tennis court?A. millimetersC. feetB. centimetersD. kilograms How many grams of glycerine, C3H8O3, are needed to make 100. mL of 2.60 M solution? x + 8 > 10 plss help What does Egypt look like in the map The length of one rectangle is 3 1/2 mm with a width of 2 4/5 mm . What is the area of the rectangle? 6. Putthe verbs into correct formNisha always_____(speaks)English, This is my question for now Find the mean for the scores: 3.850; 5,300: 8,540; 4.300; 5,360.