subject
Business, 27.02.2020 05:09 isabelsmhl

A bank developed a model for predicting the average checking and savings accuont balance as balance = -17,732 + 367 x age + 1,300 x years education + 0.116 x household wealth. a. Explain how to interpret the numbers in this model. b. Suppose that a customer is 32 years old, is a college graduate (so that years educaiton = 16) and has a household wealth of $150,000. What is the predicted bank balance?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 20:40
Maria am corporation uses the weighted-average method in its process costing system. the baking department is one of the processing departments in its strudel manufacturing facility. in june in the baking department, the cost of beginning work in process inventory was $4,880, the cost of ending work in process inventory was $1,150, and the cost added to production was $25,200. required: prepare a cost reconciliation report for the baking department for june.
Answers: 2
question
Business, 22.06.2019 12:50
There is a small, family-owned store that sells food and household goods in a small town. the owners have good relations with the community, especially with local farmers who supply much of the food. the farmers aren't organized into a cooperative or union, and the store deals with each individually. suppose the store wanted to buy some farms to control the supply of certain vegetables. how would you classify this strategic move? select one: a. horizontal integration b. forward integration c. backward integration d. concentric integration
Answers: 2
question
Business, 22.06.2019 13:50
Which one of the following statements is true? ddt does not prevent disease from passing from agricultural animals to humans. cost was a major factor in the united states government's decision to ban ddt. many african governments concluded that the potential long-term health effects of ddt were not as serious as the immediate problem of insect control. ddt cannot accumulate in the fat of animals. the ddt ban in the united states has made it very difficult to control agricultural insect pests.
Answers: 3
question
Business, 22.06.2019 20:00
The master manufacturing company has just announced a tender offer for its own common stock. master is offering to buy up to 100% of the company's stock at $20 per share contingent on at least 64% of the outstanding shares being tendered. after the announcement of the offer, the stock closed on the nyse up 2.50 at $18.75. a customer has 100 shares of master stock in his cash account. the customer tells you that he wishes to "cash out" his position. you should recommend that the customer:
Answers: 2
You know the right answer?
A bank developed a model for predicting the average checking and savings accuont balance as balance...
Questions
question
Mathematics, 22.04.2020 18:08
question
Mathematics, 22.04.2020 18:09
question
Mathematics, 22.04.2020 18:09
Questions on the website: 13722360