A researcher is interested in the size of the current balance of credit card holders. To estimate this, he obtains the size of the current balance of a random sample of 25 credit card holders. A 90% confidence interval for the mean current balance of credit card holders is found to be $662.72 +or- $44.70. Which of the following would produce a confidence interval with a smaller margin of error than this 90% confidence interval?a) Obtain the balances of only five credit card holders rather than 25, because five are likely to be more uniform than 25b) Obtain the balances of 100 credit card holders rather than 25c) Compute a 99% confidence interval rather than a 90% confidence interval. The increase in confidence indicates that we have a better interval.d) None of the above

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Answer 1

To produce a confidence interval with a smaller margin of error than the given 90% confidence interval Obtain the balances of 100 credit card holders rather than 25. The correct answer is option b.

The margin of error of a confidence interval is affected by several factors, including the sample size, the level of confidence, and the variability of the data.

To produce a confidence interval with a smaller margin of error than the given 90% confidence interval, we need to increase the sample size or decrease the level of confidence.

Increasing the sample size will generally decrease the margin of error, assuming the variability of the data remains constant. Therefore, this option is likely to produce a confidence interval with a smaller margin of error than the given 90% confidence interval.

Option (a) suggests obtaining the balances of only five credit card holders rather than 25. Decreasing the sample size is likely to increase the margin of error, making this option less desirable.

Option (c) suggests computing a 99% confidence interval rather than a 90% confidence interval. Increasing the level of confidence will increase the margin of error, making this option less desirable.

Therefore, the correct answer is (b) Obtain the balances of 100 credit card holders rather than 25, because increasing the sample size will generally decrease the margin of error.

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Related Questions

_____ refers to Federal Reserve decisions that shape the economy by influencing interest rates and the supply of cash.

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Monetary policy refers to Federal Reserve decisions that shape the economy by influencing interest rates and the supply of cash.

What is an Economy?

This refers to the production, distribution, trade, and consumption of these goods in a given region.

Hence, we can see that monetary policy has to do with the decision that the Federal Reserve takes in order to change the economy and influences the demand, supply, price of money, and credit to meet a nation's economic objectives.

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following distance (the distance between the taxi and the lead car) was recorded. The sample mean following distance was 3.50 meters and the sample standard deviation was 1.13 meters. ( )m Interpret the interval. (b) What assumption must be made in order to generalize this confidence interval to the population of all taxi drivers in Greece? We need to assume that taxi drivers used in the study are all drive the same make and model car. We need to assume that taxi drivers used in the study are representative of all taxi drivers in Greece. We need to assume that taxi drivers used in the study are representative of all drivers who have used the simular We need to assume that taxi drivers used in the study are representative of all drivers in Greece. We need to assume that taxi drivers used in the study are all using the same mobile phone.

Answers

a) Interpretation of the interval is as follows: There is a 95% chance that the true average following distance of all the taxi drivers in Greece lies between 3.17 meters and 3.83 meters.

The following interval is obtained by using the formula for a confidence interval where the sample mean following distance is 3.50 meters, the sample standard deviation is 1.13 meters, sample size is 100, degrees of freedom (df) is 99, and t (value for 95% confidence interval) is 1.984 (obtained using t-distribution table). Thus, the interval is calculated as follows: $$(\bar{x}-t_{\alpha/2}\frac{s}{\sqrt{n}},\bar{x}+t_{\alpha/2}\frac{s}{\sqrt{n}})$$$$=(3.50-1.984\frac{1.13}{\sqrt{100}},3.50+1.984\frac{1.13}{\sqrt{100}})$$$$=(3.17,3.83)$$b)

The assumption that must be made in order to generalize this confidence interval to the population of all taxi drivers in Greece is that the taxi drivers used in the study are representative of all taxi drivers in Greece. Therefore, option B is correct. It is important to have a random sample of taxi drivers to ensure that the results of the study can be generalized to the population of all taxi drivers in Greece. If the sample is not random and representative, the results of the study cannot be applied to the population and it would not be valid to generalize the findings.

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you can make a positive impact on command policies

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You can make a positive impact on command policies through proactive communication, collaboration, and constructive feedback.


First, proactive communication is essential in expressing your thoughts and ideas on existing command policies. By engaging in open dialogues with your superiors and colleagues, you can contribute to the identification of potential areas for improvement and offer possible solutions to enhance the effectiveness of these policies.Second, collaboration with team members helps ensure that different perspectives are taken into consideration when shaping command policies.

Finally, providing constructive feedback on command policies is crucial for their continuous improvement. As you observe the effects of current policies, take note of any unintended consequences, inefficiencies, or other issues that may arise. Share your observations and recommendations with the appropriate personnel, and be open to receiving feedback as well. This iterative process will facilitate the development of more effective and robust command policies over time.

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Complete Question : You can make a positive impact on command policies through?

Kubin Company's relevant range of production is 20,000 to 23,000 units.

When it produces and sells 21,500 units, its average costs per unit are as follows:

Amount per Unit

Direct materials $ 8. 00

Direct labor $ 5. 00

Variable manufacturing overhead $ 2. 50

Fixed manufacturing overhead $ 4. 00

Fixed selling expense $ 4. 50

Fixed administrative expense $ 3. 50

Sales commissions $ 2. 00

Variable administrative expense $ 1. 50

Required:

1. If 20,000 units are produced and sold, what is the variable cost per unit produced and sold?

2. If 23,000 units are produced and sold, what is the variable cost per unit produced and sold?

3. If 20,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?

4. If 23,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?

5. If 20,000 units are produced, what is the average fixed manufacturing cost per unit produced?

6. If 23,000 units are produced, what is the average fixed manufacturing cost per unit produced?

7. If 20,000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production?

8. If 23,000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production?

(Round per unit values to 2 decimal places)

Answers

The fixed manufacturing overhead incurred to support 20,000 units of production can be calculated using the high-low method. so the answer is $23,400.

This method considers the total manufacturing overhead costs incurred during the highest and lowest levels of production within the relevant range.Using this method, we can find the variable manufacturing overhead cost per unit, and the total fixed manufacturing overhead costs. Then we can use the variable overhead cost per unit to determine the fixed overhead cost per unit. Here are the steps to calculate the fixed manufacturing overhead incurred to support 20,000 units of production:Step 1: Find the variable manufacturing overhead cost per unit.

Variable manufacturing overhead cost per unit = (Total manufacturing overhead costs during high activity level – Total manufacturing overhead costs during low activity level) ÷ (High activity level – Low activity level)Variable manufacturing overhead cost

per unit = (($76,000 - $66,000) / (23,000 - 20,000))

Variable manufacturing overhead cost per unit = $3Step 2: Calculate the total fixed manufacturing overhead costs using the high-low method:

Total manufacturing overhead costs = Fixed manufacturing overhead costs + (Variable manufacturing overhead cost per unit x Number of units produced)Using the high activity level of 23,000 units and total manufacturing overhead cost of $76,000: $76,000 = Fixed manufacturing overhead costs + ($3 x 23,000)Fixed manufacturing overhead costs = $27,000Step 3: Find the fixed manufacturing overhead cost per unit.Fixed manufacturing overhead cost per unit = Total fixed manufacturing overhead costs ÷ Number of units producedFixed manufacturing overhead cost per unit = $27,000 ÷ 23,000Fixed manufacturing overhead cost per unit = $1.17Therefore, if 20,000 units are produced, the total amount of fixed manufacturing overhead incurred to support this level of production is:

Fixed manufacturing overhead cost per unit x Number of units produced = $1.17 x 20,000 = $23,400. Therefore, the answer is $23,400.

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Coastal industries purchased a computer, which is a 5 year asset under macrs, for $2,400. what is first year depreciation?

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If the cost of the computer is $2400 and number of years is 5 then the first year depreciation is $480.

Given that the cost of the computer is $2400 and number of years is 5.

We are required to find the depreciation for the first year.

Depreciation is the gradual or permanent decrease in the value of an asset due to passage of time , climatic factors or many more reasons. It can be calculated through various methods such as straight line method,written down value method,block of years method, sum of years method,etc.

Depreciation per annum=Cost of asset/ Number of years

Depreciation for the first year=2400/5

Depreciation for the first year=$480

Hence if the cost of the computer is $2400 and number of years is 5 then the first year depreciation is $480.

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A customer's ________ allows a company to predict whether that customer will generate the most profit over a long period of time.

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A customer's lifetime value allows a company to predict whether that customer will generate the most profit over a long period of time. Lifetime value refers to the net profit expected from the total future relationship with a customer.

It helps companies to develop a strategic focus on the most profitable customer segments and to develop specific marketing strategies and tactics to increase the profitability of each segment.

Lifetime value can also be used to determine the relative value of different customers and to identify high-value customers that can be retained and developed over time. The lifetime value of a customer can be calculated in different ways.

One approach is to estimate the total amount that the customer will spend on a company's products or services over the course of their lifetime. Another approach is to estimate the total profits that the company will generate from the customer over their lifetime.

This includes both the direct profits from sales and the indirect profits from referrals and other benefits that the customer provides to the company. The concept of lifetime value is essential for companies that are looking to grow and sustain their business over the long term.

By focusing on the most profitable customers and developing strategies to retain and develop them, companies can increase their profitability and grow their customer base over time.

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Give three components that a person should always include in a cover letter.

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Answer:

The introduction, the body, and the closure are the three primary sections of a well-written, employer-focused cover letter (which ends with a compelling action or request).

Explanation:

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You are a representative from one of the software companies you
recommended in the recommendation proposal assignment. You got a
lead that Access Mortgage Company responded for more information
about

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As a representative of the software company, it is important to provide additional information about the product and services that we offer.

Access Mortgage Company's interest in our product indicates their need for a reliable software solution to manage their business.

Our software provides a comprehensive platform for mortgage companies to streamline their operations, manage customer information, and improve communication between departments.

Our user-friendly interface and customizable features make it easy for companies to tailor the software to their specific needs. Our team also provides training and support to ensure a smooth transition to our software.

We look forward to working with Access Mortgage Company to provide them with a solution that meets their needs and helps their business succeed.

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Error in amortization schedule 乌ி LO14-3 Nakano Food Products, Inc., acquired a packaging machine from Lawrence Specialists Corporation. - Lawrence completed construction of the machine on January 1, 2022. - In payment for the machine Nakano issued a threeyear installment note to be paid in three equal payments at the end of each year. - The payments include interest at the rate of 10%. - Lawrence made a conceptual error in preparing the amortization schedule, which Nakano failed to discover until 2024. - The error had caused Nakano to understate interest expense by $45,000 in 2022 and $40,000 in 2023. Required: I. Determine which accounts are incorrect as a result of these errors at January 1. 2024, before any adjustments. Explain your answer. (Ignore income taxes.) 2. Prepare a journal entry to correct the error. 3. What other step(s) would be taken in connection with the error?

Answers

1. Accounts affected by the errors at January 1, 2024, before any adjustments need to be determined.(2.) A journal entry should be prepared to correct the error.(3.) Additional steps may be required to address the error.

1. Accounts affected by the errors: The errors in the amortization schedule caused Nakano to understate interest expense by $45,000 in 2022 and $40,000 in 2023. As a result, the interest expense account for both years would be understated. The notes payable account would also be affected because the correct amount of interest expense should have been included in the note payable balance. Therefore, at January 1, 2024, before any adjustments, the interest expense and notes payable accounts would be incorrect due to the errors.

2. Journal entry to correct the error: To rectify the errors, a correcting journal entry needs to be made. The entry would involve increasing the interest expense account by $45,000 for 2022 and $40,000 for 2023, as these amounts were previously understated. Additionally, the notes payable account should be adjusted by the same amounts to reflect the correct balances. The journal entry would debit the interest expense account and credit the notes payable account.

3. Other steps in connection with the error: Apart from the journal entry, further steps may be taken to address the error. This may include notifying external parties, such as auditors or stakeholders, about the correction made to the financial statements. It is important to ensure that the corrected financial statements are properly communicated and any necessary disclosures or adjustments are made to prevent future misstatements. Internal controls and review processes may also be evaluated or strengthened to minimize the chances of similar errors occurring in the future.

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Samantha puts an initial $500 into a savings account. The account has a 4% annual compound interest rate. What is the equation that best represents Samantha's account

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500x4%= 20+500=520x4%= 540.8x4%= 562.4.

how can a reduction in taxation be used to influence aggregate demand​

Answers

Answer:

shifting the aggregate demand curve to the right.

Explanation:

Which phrase best describes the purpose of a slide master? Check all that apply.
A. to determine the layout for each individual slide in a presentation
B. to allow users to give each slide in a presentation a unique look and feel
C. to establish the layout of all slides, or a group of slides, in a presentation
D. to determine the theme of all slides, or a group of slides, in a presentation
E. to set the thematic characteristics of each individual slide in a presentation
F. to allow users to apply changes in layout or theme to an entire presentation

Answers

Answer: to establish the layout of all slides, or a group of slides, in a presentation.

to determine the theme of all slides, or a group of slides, in a presentation.

to allow users to apply changes in layout or theme to an entire presentation.

Explanation:

It should be noted that the Slide Master refers to the top slide which controls the information regarding the background, fonts, theme, layout, and color of all the slides in Microsoft PowerPoint.

The phrase best describes the purpose of a slide master include:

• to establish the layout of all slides, or a group of slides, in a presentation.

• to determine the theme of all slides, or a group of slides, in a presentation.

• to allow users to apply changes in layout or theme to an entire presentation.

Therefore, the correct options are C, D and F.

Answer:

C

D

F

Explanation:

edge

merkel corporation issues $200,000 face amount bonds with a stated interest rate of 6%. if the market interest rate is 6%, the bonds will issue at

Answers

Merkel corporation issues $200,000 face amount bonds with a stated interest rate of 6%. if the market interest rate is 6%, the bonds will issue at a discount.

What is the discount?

Generally, A decrease in the regular selling price of a product or service that takes the form of either a monetary amount or a percentage may be referred to as a discount.

The term "discount pricing" may apply to a number of different pricing techniques, all of which include lowering the price of a product or service in order to generate interest in the offering, get rid of surplus inventory, or increase sales.

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merkel corporation issues $200,000 face amount bonds with a stated interest rate of 6%. if the market interest rate is 6%, the bonds will issue at____

There are many similarities and differences between Platonic and Aristotelian metaphysics. Select the statement about metaphysics with which only Aristotle would agree.

Answers

Answer:

"Option b" would be the right choice.

Explanation:

Throughout the given question, options are not given. Please find attachment of the rest of the options.

Besides Plato, it would've been necessary for research and theory, as well as logic, should "demonstrate" a notion or determine a material's characteristics, whereas Aristotle often favors scientific understanding but rather an observation. Plato claimed in two different perspectives, primarily the real world as well as the globe of shapes, although for Aristotle, the human mind is just once philosophy.Plato seems to be a moral relativist, either the unquantifiable consciousness, as well as the brain, generates exist because it is the individual that recognizes humanoid form.

Other decisions aren't linked to the information stated. So that the response above is appropriate.

There are many similarities and differences between Platonic and Aristotelian metaphysics. Select the

Sandhill Company issued common stock for proceeds of $22,100 during 2022. The company paid dividends of $7,100. The company also issued a long-term note payable for $37,100 in exchange for equipment during the year. The company sold treasury stock that had a cost of $5,100 for $11,100. Compute net cash flows from financing activities. Net cash flows from financing activities_____

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Sandhill Company issued common stock for proceeds of $22,100, paid dividends of $7,100, issued a long-term note payable for $37,100 in exchange for equipment, and sold treasury stock that had a cost of $5,100 for $11,100. We are supposed to calculate the net cash flows from financing activities.

Financing activities, one of the three main financial activities in accounting, involves transactions involving a company's long-term liabilities and equity. Issuing bonds or shares, repurchasing stock, and paying out dividends are all examples of activities that fall under this category. We can find the net cash flows from financing activities using the following equation: Cash inflows from financing activities - Cash outflows from financing activities = Net cash flows from financing activities For Sandhill Company, during the year 2022, the proceeds from the issuance of common stock were $22,100, while the dividends paid were $7,100. The company also issued a long-term note payable for $37,100 in exchange for equipment during the year. The company sold treasury stock that had a cost of $5,100 for $11,100. As a result, the net cash inflows from financing activities for the company can be calculated as:

Proceeds from issuing common stock = $22,100

Dividends paid = -$7,100

Proceeds from issuance of long-term note payable = $37,100

Proceeds from the sale of treasury stock = $11,100

Cost of treasury stock sold = -$5,100

Net cash inflow from financing activities = $22,100 - $7,100 + $37,100 + $11,100 - $5,100 = $58,100

Therefore, the net cash flows from financing activities for Sandhill Company were $58,100.

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Guntion Inc. bonds have a 10-year maturity, a 9% coupon paid semiannually, and a par value of $1,000. If your required rate of return is 12% what is the intrinsic value of the bond? Round to two decimal places (Ex. $000.00)

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The intrinsic value of a bond can be calculated by discounting its future cash flows to present value. In this case, the bond has a 10-year maturity and a 9% coupon rate paid semiannually, with a par value of $1,000.

The required rate of return is 12%. Using the present value formula for an ordinary annuity, we can calculate the present value of the coupon payments: PV(coupon payments) = Coupon payment × [1 - (1 + r)^(-n)] / r

PV(coupon payments) = $45 × [1 - (1 + 0.06)^(-20)] / 0.06 = $673.85

Next, we calculate the present value of the bond's par value at maturity:

PV(par value) = Par value / (1 + r)^n

PV(par value) = $1,000 / (1 + 0.06)^20 = $311.80. Finally, we add the present value of the coupon payments and the present value of the par value to get the intrinsic value of the bond: Intrinsic value = PV(coupon payments) + PV(par value) = $673.85 + $311.80 = $985.65. Therefore, the intrinsic value of the bond is $985.65.

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Nadia Company expects to have a cash balance of $45,300 on January 1, 2020. Nadia has budgeted the following for the first two months of the year 2020:
1. Collections from customers: January $90,900; February $109,600.
2. Payments to suppliers: January $40,000; February $49,800.
3. Direct labour: January $30,300; February $35,200. Wages are paid in the month they are incurred.
4. Manufacturing overhead: January $25,200; February $30,300. Overhead costs are paid as incurred.
5. Selling and administrative expenses: January $15,800; February $22,100. These costs do not include depreciation and they are paid as incurred.
6. Sales of investments in January are expected to realize $10,100 in cash. Nadia Company wants to keep a minimum monthly cash balance of $20,000.

Prepare a cash budget for January and February.

Answers

The cash budget for January and February shows a projected ending cash balance of $59,700 for January and $54,200 for February.

January:

Beginning Cash Balance: $45,300

Collections from customers: $90,900

Sales of investments: $10,100

Total Cash Inflows: $146,300

Payments to suppliers: $40,000

Direct labor: $30,300

Manufacturing overhead: $25,200

Selling and administrative expenses: $15,800

Total Cash Outflows: $111,300

Net Cash Flow: $35,000

Ending Cash Balance: $80,300

February:

Beginning Cash Balance: $80,300

Collections from customers: $109,600

Total Cash Inflows: $109,600

Payments to suppliers: $49,800

Direct labor: $35,200

Manufacturing overhead: $30,300

Selling and administrative expenses: $22,100

Total Cash Outflows: $137,400

Net Cash Flow: ($27,800)

Ending Cash Balance: $52,500

To prepare the cash budget for January and February, we start with the beginning cash balance of $45,300 on January 1. We then take into account the collections from customers, payments to suppliers, direct labor, manufacturing overhead, selling and administrative expenses, and sales of investments.

In January, collections from customers are $90,900, while payments to suppliers are $40,000. Direct labor is $30,300, manufacturing overhead is $25,200, and selling and administrative expenses amount to $15,800. Sales of investments generate an additional $10,100 in cash.

After subtracting the cash outflows from the cash inflows, we find that the ending cash balance for January is projected to be $59,700.

For February, collections from customers increase to $109,600, while payments to suppliers increase to $49,800. Direct labor is $35,200, manufacturing overhead is $30,300, and selling and administrative expenses increase to $22,100. There are no sales of investments in February.

After considering the cash inflows and outflows for February, the projected ending cash balance is $54,200.

By preparing a cash budget, Nadia Company can effectively manage its cash flow, ensure it maintains a minimum monthly cash balance of $20,000, and make informed decisions to meet its financial obligations and pursue business growth.

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Which one of the following statements is TRUE about different types of attribution models?
First touch attribution requires less data than other attributions.
Multi-touch attribution explicitly recognizes upper funnel marketing efforts.
Last touch attribution heavily depends on third party cookies.
Customized attribution is easier to be implemented comparing with other attribution models.

Answers

The statement that is TRUE about different types of attribution models is: "Multi-touch attribution explicitly recognizes upper funnel marketing efforts." First touch attribution assigns all the credit to the first touchpoint the customer encountered.  In multi-touch attribution models, the customer's journey and interaction with various marketing touchpoints are taken into account Last touch attribution assigns all the credit to the last touchpoint the customer interacted with before the conversion

In multi-touch attribution models, the customer's journey and interaction with various marketing touchpoints are taken into account. Unlike other attribution models, multi-touch attribution recognizes that multiple touchpoints influence a customer's decision-making process, including those in the upper funnel (awareness and consideration stages). This means that all marketing efforts, from initial brand awareness to final conversion, are considered and assigned value in the attribution model. This approach provides a more comprehensive and holistic view of the customer journey, giving credit to all the touchpoints that contribute to the final conversion.

Attribution models are used in marketing to assign credit or value to various touchpoints in a customer's journey, helping marketers understand the effectiveness of their marketing efforts. Different attribution models have different approaches and consider different factors when assigning credit.

First touch attribution assigns all the credit to the first touchpoint the customer encountered. While it may require less data since it focuses only on the initial touchpoint, it oversimplifies the customer journey by ignoring the impact of other touchpoints along the way.

Last touch attribution assigns all the credit to the last touchpoint the customer interacted with before the conversion. It heavily depends on the assumption that the final touchpoint is the most influential in the customer's decision-making process. However, it does not consider the contributions of other touchpoints that may have influenced the customer's decision earlier in the journey. Regarding third-party cookies, last touch attribution does not specifically depend on them. However, since last touch attribution focuses on the final touchpoint, it may indirectly rely on third-party cookies if the final touchpoint uses them for tracking.

Customized attribution models can be tailored to specific business needs, but they may require more effort and resources to implement. Customized attribution models allow marketers to create a model that aligns with their specific goals and strategies, incorporating unique factors and considerations. While customization provides flexibility, it can be more complex to implement compared to pre-defined attribution models.

Multi-touch attribution is a more advanced approach that explicitly recognizes and gives credit to multiple touchpoints throughout the customer journey. It acknowledges the influence of upper funnel marketing efforts, such as brand awareness campaigns, content marketing, and early engagement touchpoints. By considering the contributions of various touchpoints, multi-touch attribution provides a more comprehensive and accurate understanding of the customer journey and the impact of marketing efforts at different stages.

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1. The Industrial Revolution began primarily because of.

A) Larger numbers of people unable to find work
B) The growth of corporations in the U.S.
C) The invitation of machines allowing the faster processing of raw materials.
D) Managers using practices to improve productivity of employees.

2. The first effort to apply scientific study to the management of businesses was?

A) Behavioral management
B) Classical management
C) Quality management
D) administrative management​

Answers

The Industrial Revolution began primarily because of the invitation of machines allowing the faster processing of raw materials. The Option C is correct.

What led to Industrial Revolution in Europe?

The Industrial Revolution transformed the economy from an agrarian to a manufacturing economy in which products were no longer made solely by hand but also by machines. This resulted in increased output and efficiency, lower prices, more goods, higher wages, and a shift from rural to urban areas.

The first Industrial Revolution began in Great Britain in the mid-to-late 1700s, when innovation led to large-scale production of goods through machine manufacturing. This spread around the world, and the Second Industrial Revolution began in the late 1800s in the United States, with further technological advancements leading to greater efficiency.

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in order to assist in revenue realization, a(n) ________ allocates resources throughout the firm.

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In order to assist in revenue realization, Budgeting allocates resources throughout the firm.

What is revenue?

Revenue is the overall profit an organization makes through its primary activities, such as the sale of goods or services, the rental of real estate, repayments, the interest on loans, etc.

Assigning the available resources to fulfill the increased business aim of maximizing shareholder returns is the act of forecasting. Providing capital for investments, purchases, or commercial endeavors is the practice of financing.

Although they are not equivalent, sales and net profit are both helpful in assessing a company's financial standing.

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Acme Manufacturing, Inc. Was originally a family owned operation that has been in business for several
generations. It has grown steadily and is now listed on the stock exchange with family members still owning a
substantial portion of the shares. Over the years, the company has acquired a reputation for exceptional quality
and has won awards from major customers.

Answers

Acme Manufacturing, Inc. was originally a family-owned operation that has been in business for several generations. Over the years, the company has gained a reputation for exceptional quality and has won awards from major customers.

The company has grown steadily, and it is now listed on the stock exchange with family members still owning a substantial portion of the shares.The first-generation family owners laid the groundwork for the company's success. The second generation ran the business and expanded it further, establishing the foundation for the current, larger company.

The third generation, which still holds a substantial portion of the company's shares, is currently in control of Acme Manufacturing, Inc. Family businesses are a vital part of the economy.

They generate employment opportunities, and they're more inclined to contribute to local communities than other organizations. According to recent studies, family-run businesses account for over 60% of all US employment.

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mention the 7 functions of marketing

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The seven functions of marketing are product/service management, pricing, promotion, distribution, market research, customer service, and sales.

The 7 functions of marketing are as follows: Product/Service Management: This function involves overseeing the design, creation, and development of products and services that meet the needs and wants of customers, Distribution: This function involves getting products and services to the right place at the right time for customers to buy them, Pricing: This function involves determining how much to charge for products and services in order to make a profit, Promotion: This function involves communicating with potential customers about the products and services available and persuading them to buy them.

Selling: This function involves the actual exchange of goods or services for money between the seller and the buyer, Marketing Information Management: This function involves gathering, analyzing, and using information about customers, competitors, and the market in general to make better marketing decisions, Financing: This function involves obtaining the necessary funds to operate the business and to support the other marketing functions.

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Creation of an advertising campaign for tony's pizza that will appeal to 6- to 12-year-olds is best described as what part of the final step in the marketing research approach, to take marketing actions? multiple choice question. Make action recommendations forecast the results implement the action recommendations evaluate the decision

Answers

The ultimate step within the promoting inquire about approach is to require showcasing activities based on the discoveries of the inquiry. This step includes executing the activity recommendations that have been created based on the investigate discoveries.

Within the case of Tony's Pizza, the showcasing inquire about may have uncovered that there's a critical advertise section of 6- to 12-year-olds who are fascinated by pizza. Based on this finding, the promoting group may have created an activity proposal to form an publicizing campaign that particularly targets this age bunch.

By and large, the usage of activity proposals may be a basic step within the showcasing investigative approach since it empowers the organization to put its investigative discoveries into activity and accomplish its showcasing goals. 

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The partnership agreement of Owens, Gehrig, and Nagurski provides for the following income ratio: (a) Owens, the managing partner, receives a salary allowance of $18,000, (b) each partner receives 15% interest on average capital investment, and (c) remaining net income or loss is divided equally. The average capital investments for the year were: Owens $100,000, Gehrig $200,000, and Nagurski $300,000. If partnership net income is $90,000, the amount distributed to Owens should be

Answers

Answer:

Owens will get $18,000 + $12,000 = $30,000

Explanation:

average capital investments:

Owens $100,000Gehrig $200,000Nagurski $300,000

Net income = $90,000

Owens received a $18,000 salary

Remaining income = $72,000

interest on capital investment = $600,000 x 15% = $90,000

since $90,000 ≥ $72,000, profits must be allocated proportionally:

Owens = $72,000 x 1/6 = $12,000

Gehrig = $72,000 x 2/6 = $24,000

Nagurski = $72,000 x 3/6 = $36,000

A study showed that 47 percent of entrepreneurs were under age 35 when they started their businesses. The same study showed 16 percent were
under the age of 25. If there were 1,855 total entrepreneurs, how many were under the age of 35 when they started their businesses?

Answers

Answer:

872 entrepreneurs

Explanation:

Total number of entrepreneurs was 1855. 47 % were under 35 years. 25% were under 25. the age bracket of under 35 includes people under 25 years.

Entrepreneurs under the age of 35 were 47 percent of 1855

=47/100 x 1855

=0.47 x 1855

=871.85

=872 entrepreneurs

If productivity increases significantly and demand is not very elastic, what is likely to happen?
A
B. Fewer workers will be needed.
C. Division of labor will decrease.
D. Demand will increase.
The number of consumers will increase.
Please select the best answer from the choices provided
A
OB
D

Answers

Answer:

B. Fewer workers will be needed.

Explanation:

Elastic demand refers to a flexible demand. It is a demand that can increases or decreases due to several factors. If demand is not elastic, it implies it is constant. An increase or decrease in output or price will not affect the quantity demanded.

An increase in productivity means an increase in output per worker. It is the increase in the number of units produced, per hour, per worker. An increase in productivity results in more output in a given period than previously.

If the demand is constant and there is an increase in productivity, only a few workers will be required. The output from the few workers will be high to meet the constant demand.

Answer:

B

Explanation:

donna is a hotel revenue manager preparing next year’s rooms forecast. donna knows that in november of next year a new hotel is opening near her own. as a result, she is considering reducing her rooms forecast for that month. if she does so, what data type will she be primarily using to make her decision?

Answers

Donna will definitely need Future data to facilitate her decision making.

Future data does not connote its name, but rather, it is a kind of data which seems to predict something that might or not affect one in future.

Future data allows for predictive analysis, forecasting and enables companies to drive innovation.

Therefore, the type of data that will need to facilitate her decision making is called Future data.

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A swot analysis plays an important role in the marketing plan

Answers

Yes, a SWOT analysis does play an important role in the marketing plan

With what skills do you struggle the most? List two. For each one, explain a situation in which there was a negative outcome because you lacked these skills.

:) I will give the branliest!

Answers

Public speaking- The negative outcome was that I couldn’t do it in proficiently and a formal way.

Critical thinking- sometimes I make bad decisions, without a doubt.

Those are some examples

Brainly pls

Type the correct answer in the box. Spell all words correctly. The demand curve has what kind of slope?

Answers

Answer:

Usually slopes downwards

Explanation:

in a negative association

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