Sage test 3 qa 2023 - Study guides, Class notes & Summaries

Which r value indicates a strong, positive correlation? - Answer- The closer an r value is to 1 indicates a strong, positive correlation. An r value close to 0 indicates no relation and an r value of -1 indicates a strong, negative correlation. Using the information below, how many tofu banh mi sandwiches must a cafe sell to break-even? Sales price: $6.99 Fixed costs: $200 Variable costs: $2.53 - Answer- BE units= FC/SP-VC BE units= 200/6.99-2.53 200/4.46 = 45 The operation must make 45 s...