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Q. British Columbia Tourist Association distributes s pamphlets, maps, and other tourist-related information to people who call a toll-free number and request information. The marketing manager decided to develop a multiple regression model to predict the number of calls that will be received in the coming week. A random sample of 20 weeks is selected. The collected data are summarized in the attached Excel spreadsheet bcta1.xls (see the side menu bar of this PDF). a. Specify a suitable multiple regression equation to estimate with the data. b. What percentage of the total variation in the number of calls is explained by the regression model? c. Is the overall multiple regression equation statistically significant? Explain. d. Which, if any, of the independent variables is statistically significant? Test using a significance level of 0.05.
To one side maximizing profits evaluate the factors which managers must consider when making judgment to outsource or integrate forwards/backwards considering which factor would be mainly significant for decision-making.
Describe how a developing - emerging economy can benefit from trade with a wealthy country even if it has no absolute advantages.
Assuming migration is unimpeded and costless, which of the following statements is most accurate about the effect of immigration on wages in both the origin and destination nations?
Study by the National Park Service revealed that 50 percent of vacationers going to the Rocky Mountain region visited Yellowstone Park, 40 percent visit the Tetons, and 35 percent visit both.
Remaining group did not have jobs, except all said they would like one. 5 of this group had not looked actively for work for 3 months.
Evaluate the financial performance of the company using the information providedin scenario. Consider all the key drivers of performance, such as company profit or loss.
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James earned $10,000 in income in his new job in Nova Scotia after the move and his employer paid him $1,000 specifically to cover the cost of the move, but doesn't specify what it can be used for.
Coke could have followed the price per unit down, but it didn't. Total soft drink demand increased, and Pepsi took a larger share of the demand.
When Betsy goes to make her list for tomorrow she is upset that she didn't get everything done. In a well-written paragraph explain the economics behind her inability.
Assume the current market price of candles is such that there is a surplus.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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