Trend of decreasing difference in age

Assignment Help Accounting Basics
Reference no: EM131008138

Ages of couples 2007, part 2. Has the trend of decreasing difference in age at first marriage seen in Exercise 40 gotten stronger recently? Here are the scatterplot and residual plot for the data from 1975 through 2007, along with a regression for just those years.

a) Why is R2 higher for the first model (in Exercise 40)?

b) Is this linear model appropriate for the post-1975 data? Explain.

c) What does the slope say about marriage ages since 1975?

d) Explain why it's not safe to interpret the y-intercept.

Reference no: EM131008138

Questions Cloud

Wilson foods corporation leased a commercial food processor : What would be the pretax amounts related to the lease that Wilson would report in its statement of cash flows for the year ended December 31,2011?
What is your estimate of the density of the earth based : Present these measurements graphically by either a stemplot or a histogram and explain the reason for your choice. Then brie?y discuss the main features of the distribution. In particular, what is your estimate of the density of the earth based on..
Future costs as well as future payments have present values : Future costs as well as future payments have present values. For example, some researchers say that global warming could cost $1 trillion per year in 100 years. Using the present value formula and an interest rate r = 5%, one researcher (William Nord..
Differently with regard to the financial crisis : What, if anything, do you think should have been done differently with regard to the financial crisis of 2007–2009? Your response may focus on the mortgage industry, the Federal Reserve, the regulatory agencies, or a combination of the three. You may..
Trend of decreasing difference in age : Ages of couples 2007, part 2. Has the trend of decreasing difference in age at first marriage seen in Exercise 40 gotten stronger recently? Here are the scatterplot and residual plot for the data from 1975 through 2007, along with a regression for..
Production possibility frintier-production possibility curve : Production Possibility Frintier and Production Possibility Curve (PPC) are the same thing. Suppose that Jeffrey can produce a maximum of 50 units of corn, 20 units of grapes, or some linear combination of these extremes. Likewise, Sarah can produce a..
Question regarding the e-trust : Online retailers want customers to trust their websites and want to alleviate any concerns potential customers may have about privacy and security. In a study investigating the factors that affect e-trust, participants were randomly assigned to ca..
What is the price paid by each customer : A monopoly's demand curve is P = 200 – 3Q and its MC = $20. How many customers should this company serve? What is the price paid by each customer? What will be the company’s gross revenue in this venture?
How should the reaction be carried out to produce : Product C is produced catalytically. Raw materials are pure A and B. Undesired co-products also formed include BO and BA -  How should the reaction be carried out to produce 100 kmol of C per day?

Reviews

Write a Review

 

Accounting Basics Questions & Answers

  Compute the break-even point

In August, Gold Company sold 770 units of their only product. For the month, fixed costs were $10,400, variable costs were 57% of sales, and the average sales price was $62.

  Nestle company makes rubber cement data for nestles mixing

nike company produces an artificial cherry flavoring that passes through two production processes. nike uses the

  Explain to amaya the generally accepted accounting principle

Prepare a correct income statement for the quarter ended March 31, 2012. Explain to Amaya the generally accepted accounting principles that she did not recognize in preparing her income statement and their effect on her results.

  Develop an argument supporting use of flexible-budget

develop an argument supporting the use of flexible-budget variance analysis to control the costs of activity areas in

  Northwick company dividend revenue

The following January, Shaver announced a $100,000 net income for 2011 and declared a cash dividend of $.50 per share on its 100,000 shares of outstanding common stock. The Northwick Company dividend revenue from Shaver Corp. in January 2011 would..

  Accrual basis of accounting

Question 1: Most corporations use the accrual basis of accounting.

  Discussing the ethical dilemma

Discussing the following ethical dilemma.

  If the first payment into the fund occurs today what

sally medavoy will invest 7470 a year for 20 years in a fund that will earn 10 annual interest. if the first payment

  Cape horn company purchased a building on march 1 1988 at

cape horn company purchased a building on march 1 1988 at acost of 4186000. for financial reporting purposes the

  Erlanger company uses a job order cost accounting system

erlanger company uses a job order cost accounting system. on november 1 15000 of direct materials and 3500of indirect

  Mr wayne cfo provides you with the following information

chester amp wayne is a regional food distribution company. mr. chester ceo has asked your assistance in preparing

  Tax rates latesha a single taxpayer had the following

tax rates latesha a single taxpayer had the following income and deductions for the year 2012. income salary 60000

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd