subject
Business, 07.11.2019 04:31 samanthashade3434

Abank developed a model for predicting the average checking and savings account balance as balance= - $17,732 +367 x age + $1300 x years education +0.116 x household wealth.
a. explain how to interpret the numbers in this model
b. using excel input a customer 32 years old, is a college graduate (16 years of education) and has a household wealth of $150,000. what is predicted bank balance using excel

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 07:10
Vulcan flyovers offers scenic overflights of mount st. helens, the volcano in washington state that explosively erupted in 1982. data concerning the company’s operations in july appear below: vulcan flyovers operating data for the month ended july 31 actual results flexible budget planning budget flights (q) 56 56 54 revenue ($350.00q) $ 16,500 $ 19,600 $ 18,900 expenses: wages and salaries ($3,300 + $91.00q) 8,354 8,396 8,214 fuel ($31.00q) 1,904 1,736 1,674 airport fees ($870 + $35.00q) 2,730 2,830 2,760 aircraft depreciation ($11.00q) 616 616 594 office expenses ($240 + $1.00q) 464 296 294 total expense 14,068 13,874 13,536 net operating income $ 2,432 $ 5,726 $ 5,364 the company measures its activity in terms of flights. customers can buy individual tickets for overflights or hire an entire plane for an overflight at a discount. required: 1. prepare a flexible budget performance report for july that includes revenue and spending variances and activity variances.
Answers: 1
question
Business, 22.06.2019 17:30
What is the sequence of events that could lead to trade surplus
Answers: 3
question
Business, 22.06.2019 20:00
Which of the following is a competitive benefit experienced by the first mover firm in an industry? a. the first mover will be able to achieve a less steep learning curve. b. the first mover will be able to reduce the switching costs. c. the first mover will not have to patent its products or technology. d. the first mover will be able to reduce costs through economies of scale.
Answers: 3
question
Business, 22.06.2019 20:00
River corp's total assets at the end of last year were $415,000 and its net income was $32,750. what was its return on total assets? a. 7.89%b. 8.29%c. 8.70%d. 9.14%e. 9.59%
Answers: 3
You know the right answer?
Abank developed a model for predicting the average checking and savings account balance as balance=...
Questions
question
Social Studies, 29.06.2019 11:30
question
Mathematics, 29.06.2019 11:30
Questions on the website: 13722361