On March 28, 2020, a U.S. company issues a purchase order to buy merchandise for NZ$100,000. The company will pay the supplier o

Answer:

d. If processed further, the company stands to gain $12 for each unit.

Explanation:

To make the decision, we begin by evaluating the costs and profits associated with each option on a per unit basis.

Profit from the unassembled product is calculated as follows:

Profit = 135 - 60 = $75 for each unit

Profit from the assembled product totals:

Profit = 174 - 60 - 27 = $87 for each unit

Thus, the difference in profit stands at 87 - 75 = $12/unit once assembled.

Accordingly, the company should continue processing further, resulting in an added $12 gain for every unit sold.

Hope that helps.

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:

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