Ask Advanced Statistics Expert

1. Would you please show us the calculation of following problem for breakeven point below? Suppose that a company has fixed costs of $150,000 and variable costs of $7.5 per unit. What is the break-even point if the selling price is $12.5 per unit?

2. Would you please state what is the distinction between studying math's and statistics. Why do you need to study math first to enroll a statistics course

3. Why do you need to make a distinction between independent and dependent variables? When do you think that the distinction is particularly relevant? Please consider a business related example to discuss the above questions.

4. The operating break-even point of a business can be defined in the level of sales (either units or dollars). Would you please tell us in details the formula for estimating the operating break-even point of a company in units level.

5. Different MBA programs may have different course syllabus. In such cases, how valuable is an MBA degree without the ability to identify and calculate the cost of a company's capital, its return on investment, gross margin percentage, break-even point, or what percent of a population would be willing to buy its product? Please explain in details the importance of understanding these economic terms for a MBA student.

6. The weight of a cut of beef (independent variable = w [for weight]) may affect the overall price (dependent variable = p [for price]).

So, for example, while independent variable p may be $2 per pound, w will influence the total value of p

1. When W = 4.0 lbs, thus p = $8

2. When W = 3.0 lbs, p will equal $6

How the meat size and price can be considered as independent and dependent measures?

Advanced Statistics, Statistics

  • Category:- Advanced Statistics
  • Reference No.:- M9395190

Have any Question?


Related Questions in Advanced Statistics

Question 1before beginning a study investigating the

QUESTION 1 Before beginning a study investigating the ability of a drug to lower cholesterol, baseline values of total serum cholesterol were measured for a sample of 30 healthy controls thought not to be at risk forcard ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As