Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Based on the calculations in Question 1, what conclusions can you make about the Percent Gross Profit, Gross Sales, and Gross Profit columns? How might

Based on the calculations in Question 1, what conclusions can you make about the Percent Gross Profit, Gross Sales, and Gross Profit columns?

How might the airline use these results to create prediction models?

Customer Percent Gross Profit Gross Sales Gross Profit Industry Code Competitive Rating*
1 51.0% $170.00 $86.70 1 2
2 32.0% $181.00 $57.92 3 4
3 20.0% $203.00 $40.60 2 2
4 22.0% $249.00 $54.78 5 1
5 21.0% $476.00 $99.96 5 1
6 21.0% $476.00 $99.96 5 4
7 22.0% $635.00 $139.70 2 3
8 34.0% $856.00 $291.04 3 3
9 26.0% $1,062.00 $276.12 4 2
10 16.6% $1,110.00 $183.71 7 3
11 20.0% $1,153.00 $230.60 7 3
12 36.0% $1,392.00 $501.12 4 2
13 18.0% $1,743.00 $313.74 4 2
14 20.0% $2,307.00 $461.40 7 3
15 5.0% $2,534.00 $126.70 4 5
16 29.0% $2,683.00 $778.07 7 2
17 10.0% $2,780.00 $278.00 2 3
18 37.0% $3,272.00 $1,210.64 5 3
19 60.0% $3,864.00 $2,318.40 7 1
20 24.0% $3,988.00 $957.12 6 3
21 9.0% $4,072.00 $366.48 7 3
22 50.0% $4,190.00 $2,095.00 5 3
23 17.0% $4,219.00 $717.23 3 4
24 32.0% $4,711.00 $1,507.52 7 1
25 15.0% $4,824.00 $723.60 6 3
26 10.0% $4,878.00 $487.80 7 4
27 13.0% $5,157.00 $670.41 7 2
28 22.0% $5,552.00 $1,221.44 2 3
29 17.0% $5,876.00 $998.92 1 3
30 19.0% $5,888.00 $1,118.72 6 4
31 6.0% $7,632.00 $457.92 5 4
32 23.0% $8,058.00 $1,853.34 3 3
33 23.0% $12,056.00 $2,772.88 7 2
34 14.0% $12,981.00 $1,817.34 2 4
35 22.0% $13,406.00 $2,949.32 2 3
36 14.0% $15,882.00 $2,223.48 7 3
37 28.0% $16,343.00 $4,576.04 3 3
38 27.0% $19,985.00 $5,395.95 5 3
39 3.0% $20,160.00 $604.80 5 5
40 46.0% $26,616.00 $12,243.36 5 2
41 26.0% $28,018.00 $7,284.68 5 3
42 11.0% $28,950.00 $3,184.50 4 4
43 18.0% $29,646.00 $5,336.28 4 3
44 37.0% $31,019.00 $11,477.03 6 1
45 20.0% $31,305.00 $6,261.00 2 3
46 21.0% $34,769.00 $7,301.49 7 1
47 10.0% $34,817.00 $3,481.70 4 3
48 14.0% $38,609.00 $5,405.26 1 3
49 9.0% $38,923.00 $3,503.07 2 5
50 16.0% $40,536.00 $6,485.76 4 3
51 22.0% $54,851.00 $12,067.22 6 2
52 21.0% $54,861.00 $11,520.81 7 2
53 17.0% $58,063.00 $9,870.71 5 4
54 11.0% $62,862.00 $6,914.82 4 5
55 7.0% $78,574.00 $5,500.18 3 5
56 14.0% $92,776.00 $12,988.64 4 3
57 15.0% $112,837.00 $16,925.55 1 4
58 13.0% $115,999.00 $15,079.87 4 5
59 21.0% $120,854.00 $25,379.34 5 4
60 14.0% $179,101.00 $25,074.14 6 3

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contemporary Islamic Finance

Authors: Karen Hunt-Ahmed

1st Edition

1118180909, 978-1118180907

Students also viewed these Finance questions

Question

1. Define the nature of interviews

Answered: 1 week ago

Question

2. Outline the different types of interviews

Answered: 1 week ago