Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If there is a 30,000 average cost increase in marketing services, with a contract completion rate of 70%, with 60% of clients paying for services

image text in transcribed

image text in transcribed

If there is a 30,000 average cost increase in marketing services, with a contract completion rate of 70%, with 60% of clients paying for services upfront, the predicted annual earnings for the firm are: Intercept Service Cost Cost Increase Payment City Coefficients 9,991.2965 0.4247 175.5221 144.7878 2,797.8435 Standard Error 7,586.6163 0.111 68.9657 116.545 1,096.633 t Stat 1.317 3.840 2.545 1.242 2.551 p-value 0.191 0.0002 0.0123 0.2167 0.012 Multiple Choice O $43,706.11 Oo O $35,018.84 O $33,851.11 $46,503.96 If there is a 30,000 average cost increase in marketing services, with a contract completion rate of 70%, with 60% of clients paying for services upfront, the predicted annual earnings for the firm are: Intercept Service Cost Cost Increase Payment City Coefficients 9,991.2965 0.4247 175.5221 144.7878 2,797.8435 Standard Error 7,586.6163 0.111 68.9657 116.545 1,096.633 t Stat 1.317 3.840 2.545 1.242 2.551 p-value 0.191 0.0002 0.0123 0.2167 0.012 Multiple Choice O $43,706.11 Oo O $35,018.84 O $33,851.11 $46,503.96

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

Accounting The Ultimate Guide To Accounting For Beginners

Authors: Greg Shields

1st Edition

1546332820, 978-1546332824

More Books

Students also viewed these Accounting questions

Question

Draw a labelled diagram of the Dicot stem.

Answered: 1 week ago