Jim's Widgets creates mechanical tools that are used in factories. Use the table and the drop-down menus to answer these questio

Answer:

Explanation:

(a). By plotting the data on an Excel spreadsheet, the uploaded image below represents our findings

(b) The sample correlation coefficient is calculated using the Excel Correlation function as follows;

Admission Rate (%) 4-Year Graduation Rate (%)

 44      73

 71      62

 29      89

 39      86

 66      55

 28      73

 54      63

 10      88

 26      84

 43      77

 76      71

 67      68

 6      86

 66      59

 81      66

 18       88

 31       71

 9       84

 15       86  

 8        88

 17        84

 56         62

 51         79  

 54         68

 75         50

 13         86

 40          70

 67          68

 41          47

 68          71

∴ The calculated value of the sample correlation coefficient is = -0.76

This indicates that the two variables exhibit a moderately linear inverse correlation.

Cheers, I hope this is useful.

Answer:

B

Explanation:

Answer:

Details on Costs and Revenue associated with the new CD

e. None of the alternatives given

Explanation:

a) Data and Calculations:

Variable expenses:

Direct materials and labor:    $2.50/CD

Royalties for songwriters:          $0.70/CD

Royalties for recording artists: $2.00/CD

Overall variable cost                     $5.20/CD

Price for CD Distributor: $10.00/CD

Contribution margin                       $4.80/CD

Fixed Costs:

Costs for advertising & promotion:           $380,000

Overhead for Sony Records Inc.: $300,000

Total fixed expenses                         $680,000

To find the break-even point = Total fixed costs/Contribution per unit

= $680,000/$4.8 = 142,000 CDs

Given that they have sold 100,000 CDs

The increase is 42,000 (142,000 - 100,000)

This growth represents a 42% change = (42,000/100,000 * 100)

The shift in sales from 100,000 to 142,000 CDs required to reach break-even is a 42% increase.  None of the available choices from a to d provide the correct answer.

Although I can't create a graph in this dialog box, I will describe the long-run equilibrium for Transnet. In economics, long-run equilibrium is concerned with the timeframe during which resources are still obtainable, as well as the associated costs and production volumes. 

Answer: The normative decision model by Vroom and Yetton.

Explanation:

The Vroom–Yetton normative decision model represents a situational leadership theory based in industrial and organizational psychology established by Victor Vroom, alongside Phillip Yetton and later with Arthur Jago. This theory posits that the optimal leadership style depends on the context.

In terms of decision-making, the Vroom-Yetton model highlights the necessity of sometimes being autocratic, seeking counsel, considering various approaches prior to making a decision, informing a group about an issue, and allowing that group to devise a solution without imposing one’s ideas.