Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Todd's Direct, a major TV sales chain headquartered in New Orleans, is about to open its first outlet in Mobile, Alabama, and wants to select

image text in transcribed
image text in transcribed
Todd's Direct, a major TV sales chain headquartered in New Orleans, is about to open its first outlet in Mobile, Alabama, and wants to select a site that will place the new outlet in the center of Mobile's population base Todd examines the seven census tracts in Mobile, plots the coordinates of the center of each from a map, and looks up the population base in each to use as a weighting. The information gathered appears in the following table Census Population in Census Tract Tract 101 1,800 102 4,800 103 10,000 104 7,200 105 10,400 106 18,000 107 14.000 x, YMap Coordinates (26.45) (26.26) (5745) (48 22) (76,50) (70.18) (96.28) a) The center-of-gravity coordinates for the location of the proposed outlet in Mobile, Alabama should be: (round your response to two decimal places). y=(round your response to two decimal places). b) Census tracts 103 and 105 are each projected to grow by 20% in the next year. The new center-of-gravity coordinates for the location of the proposed outlet in Mobile, Alabama should be: x=(round your response to two decimal places). (round your response to two decimal places). y

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

GEN COMBO LOOSELEAF FINANCIAL ACCOUNTING CONNECT ACCESS CARD

Authors: Robert Libby ,Patricia Libby ,Frank Hodge

9th Edition

1259912310, 978-1259912313

More Books

Students also viewed these Accounting questions