Denger P 5-6 (LO 5.1, 5.4) The cost of a car battery is a major component...The cost of a car battery is a major component of the cost of an electric car.Required:Which confirmatory analytics techniques (including prescriptive analytics and predictive analytics) should a business analyst use toanswer the following questions?Example of Analyticsa. What is a battery manufacturer's break-even level of sales, based onthe falling prices of car batteries?b. Should the cost of a car battery be a fixed cost or a variable cost atTesla?c. How do profit margins change at differing levels of car battery prices atRivian, an electric truck manufacturer (and a competitor to Tesla in theelectric car space)?Confirmatory Analytics Techniques

The solution to transforming massive amounts of data into knowledge-rich resources is business…

Answered: P 5-6 (LO 5.1, 5.4) The cost of a car…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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3. To understand the attitude toward luxury online purchase, you did a comprehensive literature review, and found that a model showing three predictors (materialism, exclusivity and product quality) is good to predict attitude toward online luxury purchase. You want to use the measurement items, but yet need to check whether they are good to be used or not. Discuss how to decide, which measurement item(s) are good to be used, or not. Explain the following things: a. Definitions of reliability and validity b. Elaborate different types of reliability and validity c. Which types of reliability and validity that you are going to use, if you are going to analyze the data using PLS? d. What are the expected values for each of the test criteria, for measurement items to be considered reliable and valid?
Explanation it correctly Q)Which of the following factors can be a source of market power? Group of answer choicesThere are a large number of competitors in the market.There exist economies of scale in production that prevent competitorsfrom coexisting.The firm's Lerner index is equal to zero.The government prosecutes firms found to be colluding
14) Why would competitors want to see another company's financial statements? Select an answer: to help determine the strengths and weaknesses of the company's finances to determine whether the company is eligible for a loan to decide whether or not to make an investment in the company's stock to provide background information on a competitor's market
31. Who are the people important in the buying decision? (give 3)
$ To the Internal Revenue Service (IRS), the reasonableness of total itemized deductions depends on the taxpayer's adjusted gross income. Large deductions, which include charity and medical deductions, are more reasonable for taxpayers with large adjusted gross incomes. If a taxpayer claims larger than average itemized deductions for a given level of income, the chances of an IRS audit are increased. Data (in thousands of dollars) on adjusted gross income and the average or reasonable amount of itemized deductions follow. Adjusted Gross Income Itemized Deductions ($1,000s) 22 ($1,000s) 9.6 27 9.6 32 10.1 48 11.1 65 11.5 85 19.7 120 25.5 (a) Develop a scatter diagram for these data with adjusted gross income as the independent variable. 30- 25 20 15 Itemized Deductions ($1,000s) 10 5- 0 20 40 60 80 100 120 140 Adjusted Gross Income ($1,000s) thousand Itemized Deductions ($1,000s) 30 25 20 15 10 · . 5 0 20 40 60 80 100 120 140 Adjusted Gross Income ($1,000s) Itemized Deductions ($1,000s)…
Explain it correctly and In details Q)You are a manager of an advertising company. The company is running short of funds, so you decide to increase revenue. Should you increase or decrease the price of running ads? Explain your answer.
Financial systems create exception reports that are used to find what type of transactions? Group of answer choices consistent fraudulent profitable legal
Which of the following statements about the University of Michigan consumer sentiment survey is not true? Question 5 options: It tracks the percentage of people that are optimistic about current and future economic conditions. It surveys are only sent to households within the 48 states in the continental U.S. It surveys 500 households each month. It includes consumer attitude data about current and future economic conditions.
________ involves the use of lead indicators to predict possible political dangers. Select one: a. Computer modeling system b. PRISM c. Composite ranking d. Early warning system
One plus is a smart phone company that is currently developing a phone for lower segment of the market. It needs to know habits and trends of consumers. It believes it can use secondary data to learn all it needs to know before it tries to sell the ideas currently in development. Question: Discuss different types/sources of secondary-data, that can be used by One plus?
Please Answer for attached questions. Thank you
What can accurately be said about projecting operating expenses (OPEX)? Select an answer: there are fewer surprises in OPEX than in other P&L elements you have less control over OPEX than other P&L elements OPEX are more difficult to project than gross margin projections OPEX are more difficult to project than revenue expenses

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