The coefficient of determination is 0.952. This indicates a strong positive correlation between the weekly wages of state government employees and federal government employees.
The data presented in the question shows the weekly wages in dollars for state government employees and federal government employees for the common regression in 4-3.
Here, we are supposed to find the coefficient of determination, which is also known as R². R² is a statistical measure that represents how much variation is explained by the regression line. It takes values between 0 and 1. If R² = 0, then none of the variations in the data are explained by the regression line, and if R² = 1, then all variations in the data are explained by the regression line.
To find R², we need to first calculate the correlation coefficient, which is given by the following formula:
Correlation coefficient, r = (nΣxy - ΣxΣy) / [√(nΣx² - (Σx)²) √(nΣy² - (Σy)²)]
Where x and y are the variables, and n is the number of observations.
Now, using the correlation coefficient, we can calculate the coefficient of determination, which is given by the following formula:
Coefficient of determination, R² = r²
Therefore, to calculate R², we first need to calculate the correlation coefficient, r.
Now, calculating the correlation coefficient, we get:
r = (7Σxy - ΣxΣy) / [√(7Σx² - (Σx)²) √(7Σy² - (Σy)²)]
Where, n = 7.
Substituting the values from the table, we get:
Σx = 811 + 9900 + 1146 + 100 + 757 + 72 + 342 = 12528
Σy = 1005 + 1032 + 1263 + 1331 + 1435 + 1398 + 1402 = 9866
Σx² = (811)² + (9900)² + (1146)² + (100)² + (757)² + (72)² + (342)² = 102588510
Σy² = (1005)² + (1032)² + (1263)² + (1331)² + (1435)² + (1398)² + (1402)² = 8762693
Σxy = (811)(1005) + (9900)(1032) + (1146)(1263) + (100)(1331) + (757)(1435) + (72)(1398) + (342)(1402) = 9561039
Substituting these values in the formula for the correlation coefficient, we get:
r = (7(9561039) - (12528)(9866)) / [√(7(102588510) - (12528)²) √(7(8762693) - (9866)²)]
r = 0.976
Now, to find R², we simply square the correlation coefficient:
R² = (0.976)²
R² = 0.952
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Marissa and raj are equal general partners in a business. They are content with their current management and tax situation but are uncomfortable with the idea of unlimited liability. If they wish to remain as the only two owners of the business, which form of business entity should they consider to replace their current arrangement?.
If they hope to keep enjoying their tax status but without unlimited liability, they should set up a limited liability company.
Features of a limited liability company. Partner liability is only limited to amount invested. Allows between two and more than a thousand partners.If Merissa and Raj set up a limited liability company, they will no longer be bound by unlimited liability and can be the sole owners of the company.
In conclusion, they should set up a limited liability company.
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Scheduling a production shop. midwest parts supply (mps) is a fabricator of small steel parts that are sold as components to manufacturers of electronic appliances and medical equipment. in the mps fabrication department, steel sheets are subjected to a series of three main operations—cutting, trimming, and polishing—which must be completed in this order. each machine processes the jobs in the same order, so it is sufficient to specify a single job sequence in order to describe a schedule. no machine can process more than one job at a time.
this morning, ten jobs have been released to the shop by the erp system, and the production manager is interested in minimizing the time it takes to complete the entire schedule, usually referred to as the schedule makespan. the following table gives the number of hours required for each operation.
what sequence achieves the minimum makespan and what is the minimum length of a schedule?
The best scheduling to use to ensure that the ten jobs are done in the minimum amount of time is the SJFS.
What is Shortest Job First Scheduling?This refers to the type of scheduling that makes use of an algorithm to process the shortest time to complete execution and reduces the average awaiting time for other processes to execute.
Please note that your question is incomplete so I gave you a general overview to help you get a better understanding of the concept.
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duties of an office clerk
Answer and Explanation:
The office clerk is the person who is maintaining the setting of an office i.e answering the call of the customers or clients, documents filing, data entry, etc. In brief, it is described below
The duties of an office clerk are shown below:-
1. Reply calls and happily welcome customers.
2. Assist in reporting obligations.
3. critical roles in bookkeeping.
4. Compile financial statements.
5. Needs to call to suitable people for redirect.
6. Respond to business enquirers.
7. Aid coordinate events within the workplace.
If you know how to think critically and have excellent problem solving skills, you are said to have strong
a а. personal qualities
b thinking skills
technology skills
d basic skills
C С
Please select the best answer from the choices provided
A
B В
С
OD
Save and Exit
Submit
Answer:
B
Explanation:
its right
Answer:
B). transferable skills
Explanation:
Which method is better for economic analysis?
darlene runs a fruit and vegetable stand in a medium-sized community where there are many such stands. her weekly total revenue equals $2,000. her weekly total cost of running the stand equals $3,500, consisting of $2,500 of total fixed costs and $1,000 of total variable costs. an economist would likely advise darlene to: group of answer choices
To answer your question about Darlene running a fruit and vegetable stand with a weekly total revenue of $2,000 and a weekly total cost of $3,500, consisting of $2,500 of total fixed costs and $1,000 of total variable costs, I will provide a step-by-step explanation.
1. First, let's understand the key terms:
- Total revenue: The total amount of money Darlene earns from her fruit and vegetable stand every week.
- Total cost: The total amount of money Darlene spends to run her fruit and vegetable stand every week.
- Fixed costs: The costs that don't change with the level of production, such as rent or insurance.
- Variable costs: The costs that vary depending on the level of production, such as the cost of fruits and vegetables.
2. Now, let's calculate Darlene's weekly profit or loss:
Weekly profit/loss = Weekly total revenue - Weekly total cost
= $2,000 - $3,500
= -$1,500
3. Analyze the situation: Since Darlene's weekly profit is -$1,500, she is operating at a loss.
4. Consider the advice an economist would give: Since the loss primarily comes from fixed costs, which cannot be reduced in the short run, an economist would likely advise Darlene to continue operating her stand in the short term, provided that her total revenue exceeds her variable costs ($2,000 > $1,000). In the long run, she should analyze the market and determine if her business can become profitable by adjusting prices, lowering costs, or finding ways to increase revenue. If the losses continue, she may need to consider closing her stand or finding alternative ways to utilize the resources.
So, an economist would likely advise Darlene to continue operating in the short term but reassess her business model and profitability in the long run.
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Two factors that you should personally consider in the future consumption choices
Answer:
what is the question?
Put the options in the replies to this answers and I'll gladly answer
Explanation:
May I have brainliest please? :)
From your inspection of the inventory department you found there was surplus of stock in many items. Explain three implications to the company of having a surplus of stock.
Answer:
Explanation:
Increased storage costs: A surplus of stock implies that the company has more inventory than it needs, which means that it must store this excess inventory. This can result in higher storage costs, such as rent for warehouse space, utilities, and insurance.
Opportunity cost: The money tied up in surplus stock cannot be invested in other business areas, such as marketing or research and development. This results in an opportunity cost, as the funds are not used to grow the business in other ways.
Reduced cash flow: A surplus of stock may also lead to a reduction in cash flow, as the money spent on purchasing the excess inventory cannot be recouped until the items are sold. This can strain the company's finances and limit its ability to invest in other areas.
which benefit of market risk measurement (mrm) provides senior management with information on the risk exposure taken by fi traders?
The benefit of market risk measurement (MRM) that provides senior management with information on the risk exposure taken by FI traders is the ability to monitor and manage the overall risk of the organization.
Specifically, the value-at-risk (VaR) metric is used to quantify the potential losses that may be incurred due to market movements. By regularly measuring and reporting VaR, senior management can ensure that FI traders are operating within acceptable risk limits and adjust their positions if necessary.
This enables the organization to optimize risk and return, achieve strategic objectives, and avoid catastrophic losses. In addition, MRM can provide senior management with a better understanding of the sources of risk and the effectiveness of risk mitigation strategies.
Overall, MRM is a critical tool for ensuring that FI traders operate in a disciplined and transparent manner and that the organization is able to manage its overall risk exposure effectively.
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Afshin owned a Donut House in Berkeley, California. To attract customers, he displayed large signs in his store window. The city ordered him to remove the signs because they violated its Sign Code, which prohibited covering more than 30% of a store's windows with signs. Afshin's signs covered 50% of his store's windovits. Afshin sued, claiming the Sign Code was unconstitutional. Who will win and why? Be sure to use the IRAC format when responding.
IRAC Format: Issue: Is the Sign Code's restriction on the percentage of window coverage by signs constistutional
Rule: The constitutionality of the Sign Code's restriction on the percentage of window coverage by signs would be determined by examining its compliance with the First Amendment of the United States Constitution, which protects the freedom of speech.
Application: The Sign Code prohibits covering more than 30% of a store's windows with signs, and Afshin's signs cover 50% of his store's windows. Afshin argues that the Sign Code violates his constitutional right to free speech.
To assess the constitutionality of the Sign Code, the court would likely apply the "intermediate scrutiny" standard. Under this standard, a government restriction on speech is valid if it is content-neutral, serves a significant government interest, is narrowly tailored to achieve that interest, and leaves open alternative channels for communication.
In this case, the restriction imposed by the Sign Code appears to be content-neutral, as it does not target specific speech based on its message. The city's significant government interest could be to maintain the aesthetic appeal of commercial areas and ensure the visual character of the city.
However, the court would need to determine if the restriction is narrowly tailored to achieve this interest. If the court finds that prohibiting more than 30% window coverage is a reasonable means to accomplish the government's objective, it may uphold the Sign Code as constitutional.
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The price of marshmallows (a complement to chocolate consumption) rises while war in Oompaloompia disrupts international deliveries of chocolate. What happens to the equilibrium price and quantity of chocolate
When the price of marshmallows (a complement to chocolate consumption) rises and there is a disruption in international deliveries of chocolate due to war in Oompaloompia, it would likely result in a decrease in the equilibrium price and quantity of chocolate.
Since marshmallows are a complement to chocolate, an increase in the price of marshmallows would decrease the demand for chocolate. This decrease in demand, coupled with the disruption in chocolate supply, would lead to a decrease in both the equilibrium price and quantity of chocolate.
The decrease in demand for chocolate would shift the demand curve to the left, indicating a lower quantity demanded at each price level. Simultaneously, the disruption in chocolate supply would shift the supply curve to the left, indicating a lower quantity supplied at each price level.
As a result, the equilibrium price of chocolate would decrease as the forces of decreased demand and disrupted supply push the market towards a lower price. Additionally, the equilibrium quantity of chocolate would also decrease, reflecting the reduced quantity demanded and supplied in the market.
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The future earnings, dividends, and common stock price of Callahan Technologies Inc. are expected to grow 5% per year. Callahan's common stock currently sells for $21.25 per share; its last dividend was $2.40; and it will pay a $2.52 dividend at the end of the current year.
a. Using the DCF approach, what is its cost of common equity?
b. If the firm's beta is 0.60, the risk-free rate is 6%, and the average return on the market is 13%, what will be the firm's cost of common equity using the CAPM approach?
c. If the firm's bonds earn a return of 10%, based on the bond-yield-plus-risk-premium approach, what will be rs?
d. If you have equal confidence in the inputs used for the three approaches, what is your estimate of Callahan's cost of common equity?
a. Using the DCF approach, the cost of common equity can be calculated as follows:
Cost of common equity = (D1/P0) + g
Where D1 is the expected dividend at the end of the current year, P0 is the current stock price, and g is the expected growth rate.
Cost of common equity = ($2.52/$21.25) + 0.05
Cost of common equity = 0.1186 + 0.05
Cost of common equity = 0.1686 or 16.86%
b. Using the CAPM approach, the cost of common equity can be calculated as follows:
Cost of common equity = Rf + β(Rm - Rf)
Where Rf is the risk-free rate, β is the beta of the stock, and Rm is the average return on the market.
Cost of common equity = 0.06 + 0.60(0.13 - 0.06)
Cost of common equity = 0.06 + 0.60(0.07)
Cost of common equity = 0.06 + 0.042
Cost of common equity = 0.102 or 10.2%
c. Using the bond-yield-plus-risk-premium approach, the cost of common equity can be calculated as follows:
Cost of common equity = Bond yield + Risk premium
Cost of common equity = 0.10 + 0.04
Cost of common equity = 0.14 or 14%
d. If you have equal confidence in the inputs used for the three approaches, you can calculate the average of the three estimates to get an estimate of Callahan's cost of common equity.
Cost of common equity = (16.86% + 10.2% + 14%)/3
Cost of common equity = 13.69%
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State 5 differences betweeen a stencil suplicator and a spirit duplicator
Answer:
spirit duplication is a method of reproducing documents where a spirit duplicator is used. The master copy is prepared from which copies are produced.
I hope is helpful
please i want to be a branalist
Explanation:
All of the following is a capital resource EXCEPT
a pickup truck
a factory
lumber
employees
Answer:
employees
Explanation:
This is because employees are classified as labor not capital
Answer:
d. employees
Explanation:
A market condition featuring one producer controlling the entire supply of a
good is called
O A. an oligopoly
B. a monopoly
O c. monopolistic competition
D. pure competition
Answer:
B. A monopoly.
Explanation:
A market condition featuring one producer controlling the entire supply of a good is called a monopoly. Therefore, option B is correct.
What is a monopoly?A monopoly market is a market condition where there is only one supplier or producer of a particular good or service. In other words, a monopoly exists when a single company or entity has exclusive control over the production and distribution of a certain product or service.
In a monopoly market, the single seller has significant market power and can exert control over the price and quantity of the product. Since there are no close substitutes available in the market, consumers have no choice but to pay the price set by the monopolist. This can lead to higher prices and reduced consumer surplus.
Monopolies can arise due to various reasons, including legal barriers, such as patents or licenses, economies of scale, and control over essential resources. Governments sometimes regulate or break up monopolies to prevent them from abusing their market power and to promote competition in the market.
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One of the properties that makes copper, cu, useful for household wiring is its ability to conduct electricity. Which other element is most likely to conduct electricity?
Silver is the other element in this scenario which will most likely conduct electricity.
What is a Conductor?These are elements which permit electrons to flow freely from particle to particle.
Metals such as Silver and copper are referred to good conductors of heat and electricity thereby making it the most appropriate choice.
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Answer:
I believe that the answer you are looking for is Gold
Explanation:
If you and I have the same question, the answer choices are Gold, Bromine, Radon, and Nitrogen, correct? Radon and Nitrogen are gasses, so that's an automatic no, and Bromine is a bad conductor, so that leaves Gold as our answer. I hope this helps!
Why is it important to file your income taxes before tax day?.
It is important to file your income taxes before tax day to avoid penalties and interest charges. To avoid penalties, interest, and potential issues with the IRS.
This involves several reasons:
1. Avoid late-filing penalties: Filing before tax day helps you avoid late-filing penalties, which can be costly.
2. Avoid late-payment penalties: If you owe taxes, filing before tax day ensures you can pay on time and avoid late-payment penalties.
3. Receive refunds sooner: If you are due a refund, filing early helps you receive it sooner.
4. Allow time for potential errors: Filing early gives you time to address any errors or discrepancies before the deadline.
5. Protect against identity theft: Filing your taxes early can help prevent identity theft by ensuring your information is submitted before potential fraudsters.
It is crucial to file your income taxes before tax day to avoid penalties, interest, and issues with the IRS, receive refunds sooner, and protect against identity theft.
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As a producer, you are willing to supply the most goods at the highest price. This is because the highest
price earns you the
most demand
highest costs
most profits
Answer: most profits
Explanation:
Creative Chronometer, Inc. is planning to launch a new brand of watches for kids. Similar watches are available in the market for $56. In order to penetrate the market, the company plans to use target pricing and desires a 28% net profit markup on total cost. Calculate the target cost. (Round your answer to the nearest cent.) $71.68 $43.75 $40.32 $15.68
Answer: $43.75
Explanation:
Given the following :
Markup on total cost = 28%
Projected selling price (price of similar products) = $56
Target cost = projected selling price - desired profit
Desired profit = 28% of target cost
Assume target cost = a
a = 56 - 28%a
a = 56 - 0.28a
a + 0.28a = 56
1.28a = 56
a = 56 / 1.28
a = 43.75
Therefore, target cost 'a' equals $43.75
If the fed raises the discount rate, what happens to reserves and the money supply?
If the fed raises the discount rate, reserves and the money supply will fall.
A discount or charge is the difference between the original amount of the current obligation and the amount that must be paid in the future to settle the obligation. Rebates are usually associated with a rebate rate, also called discount yield. A rebate is an amount or percentage discount on the normal retail price of a product or service. For example, you may be offered a $10 discount off the product's list price, or a 10% discount off the list price.
When a reduction in the amount is allowed to encourage more purchases or to get paid on time, it's called a discount. Discounts are categorized as follows: Trade discounts: Bulk purchase discounts are called trade discounts.
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Select the correct answer. eva hires a well-known pop singer to support the use of her new fashion label. which technique of advertising does eva use here? a. vague claim b. incentives c. bandwagon advertising d. facts and statistics e. endorsement
Correct answer is E.
Eva, who hires a well-known pop singer to support the use of her new fashion label, is using endorsement as a technique of advertising. Correct answer is that this technique of advertising uses famous personalities or celebrities in an advertisement to influence the customers.
What is an advertisement?
Commercial advertisements often seek to generate increased consumption of their products or services through "branding" that associates the product name or image with certain qualities in the minds of consumers. On the other hand, ads that aim to generate an immediate sale are known as direct response advertising. Noncommercial entities that advertise more than consumer products or services include political parties, interest groups, religious organizations, and government agencies. Nonprofit organizations can use free methods of persuasion, such as public announcements. Advertising can also help reassure employees or shareholders that the company is viable or successful.To know more about advertisement, click the link given below:
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What is NOT an example of a contract?
The sentence that do not symbolize example of a contract is c.A written promise to give your husband a ring for Christmas.
What is a contract?A contract can be described as the agreement tht is been entered between two or ore parties which is binded under that law of the land and any breech to the agreement by one of the parties that is been involved will attract a penalty.
It should be noted tat out of the give options we can see that the third option is not a contract because it can not be regarded as an agreement.
Therefore, option C is correct.
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Check the complete question:
Which of the following is not an example of a contract?
a. An agreement not to sue someone for negligence in exchange for their promise to pay you a specified amount
b.
A verbal agreement for the sale of a car where neither the money or the car has yet changed hands
c.A written promise to give your husband a ring for Christmas
d. A verbal agreement to work for someone starting next week
To determine if a project is acceptable compare the internal rate of return to the company's ______.
In order to determine if a project is acceptable, it's important to compare the internal rate of return to the company's cost of capital.
It should be noted that the rate of return is determined by assessing the risk involved, cost of capital, etc.
Therefore, to determine if a project is acceptable, one has to compare the internal rate of return to the company's cost of capital. If the IRR is greater than the cost of capital, then the project should be accepted.
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Think of a futuristic business. Then identify the level and type of production that it would undertake. W/ all relevant information.
Give a description of the business.
The futuristic business would be a robot selling business, the business would produce robots that will help the individuals in their household work.
What is Business?A business is an idea of trade, the individual starts a business to earn profits by investing capital. The business have major four heads, capital, assets, liabilities and income.
The futuristic business idea would be the production of robots which will be produced by robots itself that is machines in a factory, however the robots will be customized as per the customer requirements and the actions required will be embedded in the robot system.
The robots will help the individuals in their household work, it will cook, clean the house, take out trash and more. The robots will be made at a large scale and the customization will be required on the system only.
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The procedure requiring preparation of a prelisting of incoming cash receipts, with copies of the prelist going to the cashier and to accounting, is an example of which type of control? A. Detective. B. Corrective. C. Preventive. D. Directive.
The procedure requiring preparation of a prelisting of incoming cash receipts, with copies of the prelist going to the cashier and to accounting, is an example of a preventive control. Option C.
Preventive controls are designed to prevent errors or fraud from occurring in the first place. By having a prelisting of incoming cash receipts, the company can ensure that all cash received is properly accounted for and that any discrepancies can be detected early on. This helps to prevent any potential fraud or errors from occurring.
Additionally, the copies of the prelist going to both the cashier and accounting ensure that there is a separation of duties, which is another important aspect of preventive controls. By having different individuals responsible for different aspects of the accounting process, the company can reduce the risk of fraud or errors occurring.
In contrast, corrective controls are designed to correct errors or fraud after they have occurred, while detective controls are designed to detect errors or fraud after they have occurred.
Directive controls, on the other hand, are focused on directing or guiding individuals in their job duties, rather than preventing or correcting errors or fraud. So Option C is correct.
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States and localities have the most discretion in establishing policy when federal funding is derived from categorical grants Answer A: categorical grants A matching grants Answer B: matching grants B block grants Answer C: block grants C project grants Answer D: project grants D grants-in-aid
The correct answer is option A: categorical grants for States and localities have the most discretion in establishing policy when federal funding
Categorical grants are the federal government’s primary source of funding for states and localities. Categorical grants are grants given by the federal government to state and local governments for a specific, narrowly defined purpose, such as improving public safety or reducing air pollution. The federal government has a greater say in how categorical grants are spent than other types of grants, such as block grants or general revenue sharing.
States and localities have the most discretion in establishing policy when federal funding is derived from categorical grants. Federal money comes with strings attached, such as regulations on how the funds must be spent. States and localities have the most autonomy when they receive block grants or general revenue sharing, which come with fewer restrictions. The correct answer is option A.
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inflation is always a monetary phenomenon in the long-run"". is this statement true or false? explain using the quantity theory of money.
The statement is true. The Quantity Theory of Money, a fundamental concept in monetary economics, supports the idea that inflation is primarily a monetary phenomenon in the long run.
According to the Quantity Theory of Money, there is a direct relationship between the quantity of money in circulation and the general price level in an economy. The theory can be expressed with the equation of exchange: MV = PQ, where M represents the money supply, V is the velocity of money (how quickly money circulates in the economy), P is the price level, and Q is the quantity of goods and services produced.In the long run, the quantity of goods and services produced (Q) is assumed to be determined by the economy's productive capacity. Therefore, any increase in the money supply (M) without a corresponding increase in production will lead to an increase in the price level (P).In other words, if the money supply grows faster than the economy's capacity to produce goods and services, the excess money will chase the limited quantity of goods, causing inflation. This is because more money is available to bid for the same amount of goods, resulting in higher prices.However, it's important to note that in the short run, other factors like changes in aggregate demand, supply shocks, and market expectations can also impact inflation. Nevertheless, in the long run, the Quantity Theory of Money suggests that sustained inflation is primarily driven by changes in the money supply.
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Using the data, calculate the percentage change in quantity demanded following a £3 increase in the price
of salt pipes. You are advised to show your working,
Answer:
idk sry
Explanation:
What is the exterior envelope of a structure?
Answer:
The building envelope of a usually consists of its roof, sub floor, exterior doors, windows and exterior walls.
Allen Furniture Company is considering offering an inexpensive line of college dorm and apartment furnishings. If they move forward, they will renovate part of their store to accommodate this new stock. Before spending the money to redesign the store, they first want to find out customer interest. In a short response of approximately 100 words, describe some of the steps they should take as they consider this project.
Answer:
Allen Furniture Company should look into conducting a survey to gauge customer interest to find what they look for, need, and find attractive. They could do so by going to college campuses and conducting random interviews. For their apartment furnishings, they could look online to see what kind of product sell and do an analysis of customer interest that way and they could also conduct a survey for people that live in apartments. They could also look into a consultant that specializes in the field and is experienced with what customers like or want.