Question

3. Stores that experience extremely low sales in one sales period will typically perform better in...

3. Stores that experience extremely low sales in one sales period will typically perform better in the next sales period due to:

Select one:

a. expected utility theory

b. contrast effect

c. regression to the mean

d. simulation effect

e. perseverance effect

Business   Operations-Management   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Option B. Contrast effect gives magnification of impact due to previous exposure to less demand or less quality.

whereas,

Expected Utility theory deals with anaylsis of situtions where individuals are required to take decisions with knowing the outcome.

Regeression is forecasting using the Trend, Intercepts and Mean parameter of the situation/case.

Simulation effect is reprodocing the entire sitution through randomly decided states.

Perseverance effect is a psychological phenomenon where an individual holds on to his/her belief even when proved incorrect.

Please Like & Provide your reviews in comments. :-)

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
QUESTION 31 A company's Sales Revenue for an accounting period would be included in: Select one:...
QUESTION 31 A company's Sales Revenue for an accounting period would be included in: Select one: a. Comprehensive Income b. Other Comprehensive Income c. Both Comprehensive Income and Other Comprehensive Income d. Neither Comprehensive Income nor Other Comprehensive Income Question 32 The disclosure of income tax effects based on the item causing the tax effect is named: Select one: a. Cost Principle b. Matching Principle c. Intra-period tax allocation d. Inter-period tax allocation e. Full Disclosure Principle Question 33 Which...
Which of the following statements is CORRECT? Select one: a. The days sales outstanding ratio tells...
Which of the following statements is CORRECT? Select one: a. The days sales outstanding ratio tells us how long it takes, on average, to collect after a sale is made. The account collection period (ACP) can be compared with the firm's credit terms to get an idea of whether customers are paying on time. Last year Harrington Inc. had sales of $325,000 and a net income of $19,000, and its year-end assets were $250,000. The firm's total-debt-to-total-assets ratio was 67.5%....
Jobs and productivity! How do retail stores rate? One way to answer this question is to...
Jobs and productivity! How do retail stores rate? One way to answer this question is to examine annual profits per employee. The following data give annual profits per employee (in units of 1 thousand dollars per employee) for companies in retail sales. Assume σ ≈ 4.2 thousand dollars. 3.5 6.7 3.6 8.1 7.6 5.7 8.8 6.0 2.6 2.9 8.1 −1.9 11.9 8.2 6.4 4.7 5.5 4.8 3.0 4.3 −6.0 1.5 2.9 4.8 −1.7 9.4 5.5 5.8 4.7 6.2 15.0 4.1...
A firm has been experiencing low profitability in recent years. Perform an analysis of the firm's...
A firm has been experiencing low profitability in recent years. Perform an analysis of the firm's financial position using the DuPont equation. The firm has no lease payments but has a $3 million sinking fund payment on its debt. The most recent industry average ratios and the firm's financial statements are as follows: Industry Average Ratios Current ratio 3.21x Fixed assets turnover 5.38x Debt-to-capital ratio 19.99% Total assets turnover 2.87x Times interest earned 2.92x Profit margin 2.07% EBITDA coverage 4.03x...
Jobs and productivity! How do retail stores rate? One way to answer this question is to...
Jobs and productivity! How do retail stores rate? One way to answer this question is to examine annual profits per employee. The following data give annual profits per employee (in units of one thousand dollars per employee) for companies in retail sales. Assume ? ? 3.6 thousand dollars. 3.7 6.9 3.6 8.0 7.5 5.4 8.8 5.5 2.6 2.9 8.1 ?1.9 11.9 8.2 6.4 4.7 5.5 4.8 3.0 4.3 ?6.0 1.5 2.9 4.8 ?1.7 9.4 5.5 5.8 4.7 6.2 15.0 4.1...
Jobs and productivity! How do retail stores rate? One way to answer this question is to...
Jobs and productivity! How do retail stores rate? One way to answer this question is to examine annual profits per employee. The following data give annual profits per employee (in units of 1 thousand dollars per employee) for companies in retail sales. Assume ? ? 3.7 thousand dollars. 4.5 6.2 4.3 8.7 8.1 5.7 9.0 6.4 2.6 2.9 8.1 ?1.9 11.9 8.2 6.4 4.7 5.5 4.8 3.0 4.3 ?6.0 1.5 2.9 4.8 ?1.7 9.4 5.5 5.8 4.7 6.2 15.0 4.1...
Which one of the following statements is true? Select one: a. Traditional Keynesian analysis indicates that...
Which one of the following statements is true? Select one: a. Traditional Keynesian analysis indicates that increases in government purchases are a more potent tool than decreases in taxes. b. According to Keynesians, fiscal policy is the first line of defense against economic downturns. c. Advocates of sacrifice ration claim that a zero-inflation target imposes only small costs on society. d. Sacrifice ration implies that a credible commitment to reducing inflation can lower the costs of disinflation by inducing a...
Which of the following statements is CORRECT? Select one: a. Collections Inc. is in the business...
Which of the following statements is CORRECT? Select one: a. Collections Inc. is in the business of collecting past-due accounts for other companies, i.e., it is a collection agency. Collections' revenues, profits, and stock price tend to rise during recessions. This suggests that Collections Inc.'s beta should be quite high, say 2.0, because it does so much better than most other companies when the economy is weak. b. Suppose the returns on two stocks are negatively correlated. One has a...
(1) A Chi-squared test is typically used to test for any of the following except which...
(1) A Chi-squared test is typically used to test for any of the following except which of the following? (A) If a mathematical model accurately predicts our observed frequencies of data values. (B) If a mathematical model accurately predicts the total number of observed data values. (C) If a mathematical model accurately predicts the pattern of our observed data values. (D) Whether two factors present in a population are independent of one another. (E) Whether a series of populations experience...
QUESTION 1 According to Malthus, exogenous increases in income would result in: People marrying for the...
QUESTION 1 According to Malthus, exogenous increases in income would result in: People marrying for the first time at younger ages. Lower mortality. People postponing when they first get married. Increase their use of contraceptives to achieve lower family size. QUESTION 2 According to the Malthusian model an improvement in technology that shifts out the production function will permanently raise income per capita. will not raise income per capita in the long-run. will result in increased population growth (at least...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT