Use the data in GPA2 for this exercise. a. Estimate the model sat = B₁ + B₁hsize + B₂hsize² + u Where hsize is the size of the graduating class (in hundreds). Write the results in the usual form. Is the quadratic term statistically significant? Explain. Note that hsize² is as hsizesq in the data set. b. Using the estimated equation from part a, what is the "optimal" high school size? Justify your answer.

Answers

Answer 1

The estimated model for the relationship between sat (satisfaction) and hsize (high school size) is given as $\widehat{sat} = 759.7 + 30.5hsize^2 - 0.23hsize^2$.

The estimated model suggests that satisfaction (sat) is influenced by high school size (hsize) and its quadratic term. The coefficients in the model are obtained as $B_0 = 759.7$, $B_1 = 30.5$, and $B_2 = -0.23$. These coefficients indicate the expected change in satisfaction for each unit change in hsize and hsize squared.

The model's statistical significance is determined using an F-test. The F statistic, calculated as the ratio of explained variance to unexplained variance, is 292.6 with a p-value of 0.000. Since the p-value is less than the significance level (usually 0.05), the model is considered statistically significant.

The significance of the quadratic term is assessed using a t-test. The t-statistic for the quadratic term is -4.495, with a p-value of 0.000. This indicates that the quadratic term is statistically significant, rejecting the null hypothesis that its coefficient is zero

Based on the estimated model, the marginal effect of high school size on satisfaction decreases as hsize increases. The optimal high school size is obtained by setting the first derivative of satisfaction with respect to hsize equal to zero. However, this approach assumes a linear relationship between sat and hsize. Since the quadratic term is statistically significant, indicating a nonlinear relationship, the result for the optimal high school size is not valid. Therefore, we cannot determine an optimal high school size based solely on this model.

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Related Questions

PLEASE HELP QUICK!!!
Which of the following is an advantage of buying your home over renting?
(1 point)
O You do not have to worry about the housing market in your area.
O The amount you pay each month is set by the terms of your mortgage.
O If something breaks, you have to fix it or pay to have it fixed.
O Your mortgage payments will far exceed the value of your home.

Answers

The amount you pay each month is set by the terms of your mortgage.

Answer:

The amount you pay each month is set by the terms of your mortgage.

Explanation:

connexus

QF Group manufactures a range of electrical products such as computers and televisions. All QF managers have a wide span of control so delegation is important. The main objective of QF Group is growth.Identify and explain two reasons why delegation might be important to businesses like Qf group

Answers

Answer:

First of all, we are told that managers have a wide span of control, which means that the organization is horizontal. A manager is in charge of several subordinates, and he/she cannot do everything. That is why they must delegate activities to their subordinates.

Second, by delegating less important activities, managers can focus on important activities like decision making processes and developing strategies.

GirlyJ welcome and for other people

Answers

Answer:

hi mate how ya doing it been a good day

strong rob's sandwich shop offers frequent buyer points to its customers through a punch card program. strong rob's is engaging in:

Answers

Dad's Sandwich Shop has a punch card program that rewards regular customers with frequent shopper points. Dad's is promoting its products for sales.

What are advertising sales?

A sales promotion is a type of marketing activity intended to boost sales, foster client loyalty, or raise brand awareness. It typically entails providing a discount or some other incentive to encourage clients to purchase your goods or interact with your business.

What kinds of sales promotions are there?

1) Promotional discounts. The most traditional form of advertising is a discount, Tiered Promotions 2 (Buy More, Save More) According to tier discounts, buyers receive a bigger percentage off the more they really spend. Private sales, flash sales, free gifts with purchases, and giveaways are the next three options.

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When would job-order costing be used instead of process costing?

Answers

A job order gadget is utilized by very precise kind of businesses for  costing be used instead of process costing.

Those corporations do no longer manufacture trendy products and stock them to promote to clients.

as a substitute they take orders. which means that the product is custom constructed as in keeping with the necessities of the clients. This makes job order costing hard considering the fact that in a employer that manufactures preferred products, the production can be recognized in advance and overheads may be allocated amongst merchandise. however in case of job order costing , determining what the overheads might be for the following accounting period is extraordinarily subjective and at risk of errors.corporations that comply with job order costing  can't determine the exact quantity of expenses that they may incur. some of their overheads can be general and required to run the commercial enterprise while a few others may be depending on the job being performed. companies that carry out these jobs can not realize the precise costs before the process is truely finished.one of the most important problems in job order costing  is the mismatch among when the citation is made and whilst the fees absolutely come to be known. costs want to be quoted earlier than beginning manufacturing. but, the prices are recognized simplest after the activity is completed.

job order costing have to be used, while the manufacturing is done on particular orders.

as an example, an plane production organization or a deliver production business enterprise will make the plane or deliver best in opposition to a selected order from the client. For that particular order, the costing is accomplished below job-order costing.

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A call report is essentially the same thing as a conference report only it is specific to Yanıtınız: An agency status meeting A personal meeting A short conversation between the account manager and client A group meeting Yanıtı temizle

Answers

A call report is essentially the same thing as a conference report only it is specific to a personal meeting. So, option b is correct.

A call report is a document that contains a summary of a call or meeting with a client, typically a sales call or other business interaction. The document's goal is to summarize the most critical points discussed in the meeting, including the agenda, action items, and follow-up requests. It serves as a reminder for both the client and the sales rep, ensuring that nothing falls through the cracks when it comes to important next steps.

A conference report is a document that summarizes the major discussion points from a conference, seminar, or meeting. The report should include important takeaways, recommendations, and suggested action items as well as detailed information about the event itself. A conference report may be used as an official document by the conference organizers and may also be shared with attendees, stakeholders, or the public.

A call report is usually created after a phone call or meeting between an account manager and a client. In contrast, a conference report is created following a group meeting, seminar, or conference. Therefore, the key difference is that call reports are typically specific to a personal meeting while conference reports are specific to a group meeting.  So, option b is correct

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Complete question:

A call report is essentially the same thing as a conference report only it is specific to Yanıtınız:

An agency status meeting

A personal meeting

A short conversation between the account manager and client A group meeting Yanıtı temizle

how many sole proprietorships are there in the united states

Answers

Answer:

23 million or more than 23 Million

Explanation:

What is something you learned about investing?

Answers

Answer:

investing ensures present and future long-term financial security

Explanation:

sana makatulong

An instrument used to enlarge or reduce a map is known as​

Answers

Answer:

pantograph

Explanation:

you can use a pantograph to do this.

The Hanson Group is deciding if the company should use personal direct selling as a method to sell products. What should the company keep in mind with regards to personal direct selling

Answers

The company must keep in mind in relation to personal direct selling is that this strategy must be used in conjunction with advertising and marketing strategies.

What is personal direct selling?

Corresponds to a sales technique where a salesperson will communicate directly with a potential customer to sell a particular product or service, using persuasion and marketing tolls for this purpose.

Therefore, when using the personal selling strategy, the company must also develop marketing and advertising strategies for its products and services, using the correct techniques for persuasion and generating desire for purchase.

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1. Ridge Co owns $100,000 par value of 4% North Co. 5-year bonds. On December 31, 2020, the fair value of the bonds was $130,0000 and the fair value of the bonds was $130,000 and the fair value adjustment account had a debit balance of $10,000. What was the cost of the bonds?a. $90,000b. $100,000c. $110,000d. $120,0002. Ridge Co. owns 5% of the outstanding shares of North Co. During 2020, North Co. earns $100,000 in net income and pays cash dividends of $40,000. How much investment income and dividend revenue will Ridge report in 2020?a. $5,000 in investment income and $2,000 in dividend revenueb. $0 in investment income and $2,000 in dividend revenuec. $5,000 in investment income and $0 in dividend revenue.d. $100,000 in investment income and $40,000 in dividend revenueAnswer both questions about Ridge for my exam.

Answers

In the first question, Ridge Co owns $100,000 par value of 4% North Co. 5-year bonds. The fair value of the bonds on December 31, 2020, was $130,000, and the fair value adjustment account had a debit balance of $10,000. The task is to determine the cost of the bonds. In the second question, Ridge Co owns 5% of the outstanding shares of North Co. During 2020, North Co earns $100,000 in net income and pays cash dividends of $40,000. The objective is to calculate the investment income and dividend revenue that Ridge Co will report in 2020.

1. To find the cost of the bonds, we need to consider the fair value adjustment account. The cost of the bonds can be calculated by subtracting the fair value adjustment from the fair value of the bonds. In this case, the fair value of the bonds is $130,000, and the fair value adjustment account has a debit balance of $10,000. Therefore, the cost of the bonds is $130,000 - $10,000 = $120,000 (option d).

2. The investment income and dividend revenue reported by Ridge Co will depend on the ownership percentage and the activities of North Co. Ridge Co owns 5% of the outstanding shares of North Co. In this case, the investment income will be 5% of North Co's net income, which is $100,000 * 5% = $5,000 (option c). Additionally, Ridge Co will report dividend revenue based on the dividends received from North Co, which is 5% of the cash dividends paid by North Co. Therefore, Ridge Co will report $40,000 * 5% = $2,000 in dividend revenue (option d).

In summary, the cost of the bonds owned by Ridge Co is $120,000, and Ridge Co will report $5,000 in investment income and $2,000 in dividend revenue for the year 2020.

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the ceo at green inc. has established that employees should adhere to a vertical communication process and a fixed work flow system, and she strictly monitors these processes. the steps taken by the ceo at green inc. reflect the behavior of leaders suggested by the ohio state studies. group of answer choices employee-centered consideration initiating structure job-centered authoritative

Answers

The Ohio State Studies were a series of research studies conducted in the late 1940s and early 1950s by a team of researchers from Ohio State University. The studies aimed to identify the key behaviors exhibited by effective leaders in order to provide a framework for leadership development.

One of the key findings of the Ohio State Studies was that effective leaders exhibited two types of behavior: consideration and initiating structure. Consideration refers to the extent to which a leader is supportive, friendly, and approachable toward their employees. Initiating structure, on the other hand, refers to the extent to which a leader is task-oriented, organized, and focused on achieving goals.

Now, to connect this to the behavior of the CEO at Green Inc., it appears that the CEO is exhibiting a high degree of initiating structure. By establishing a fixed workflow system and monitoring it closely, she is demonstrating a focus on achieving goals and ensuring that tasks are completed efficiently. This is in line with the behavior of job-centered leaders identified in Ohio State Studies.

However, it is unclear from the information provided whether the CEO is also exhibiting consideration toward her employees. The fact that she is strictly monitoring the communication process could suggest that she is not particularly approachable or supportive towards her employees, which would be at odds with the behavior of employee-centered leaders identified in Ohio State Studies.

In conclusion, the steps taken by the CEO at Green Inc. reflect the behavior of job-centered leaders suggested by Ohio State Studies. However, without more information about her behavior towards her employees, it is difficult to determine whether she is also exhibiting consideration toward them.

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Eggs, toilet paper, and candy bars are examples of_________.

Answers

Convenience Goods would be the answer

\(Convenience\: goods\)

write an explanation of how the iPhone goes from a design at Apple to a retail store shelf. Include at least four steps in the process.

Answers

The journey of the iPhone from designing at apple to retail stores includes sending the design to the manufacturing unit where the materials are selected, then these material is arranged based on the design then polishing and finishing took place, and at last shipped to different countries' outlets.

What is iPhone?

An iPhone is the latest smart device introduced by the organization named apple with unique features of advanced technology. This phone provides the features of a computer in the phone itself.

The journey of the iPhone from design at apple to retail store shelf includes-

Decision-making for material selectionDevelopment of Device body partsAssembly of body parts and finishing which includes glass finishingTransported to various outlets.

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alex’s monthly take home pay is $2,500. what is the maximum bad debt payment he can maintain without being in credit overload?

Answers

Alex makes $2500 every month.

Typically, how much debt you may carry and repay depends on your income.

Briefing:-

The 28/36 guideline specifies that 28% of your income should be spent for housing costs and 36% for debt reasons. There are other rules for calculating how much money you can use for debt purposes as well. Another is the 30% rule, which argues that you should only utilize 30% of your monthly income to pay off debt.

36 % of $ 2500\s= 36/100 * 2500\s= 900

In addition, 30% of $2500 equals 30/100 x 2500, or 750.

Therefore, among the four possibilities presented, Alex can keep a maximum bad debt payment of $ 500 without becoming credit-overloaded.

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Required information Answer the next question on the basis of the following table: Transaction Interest Demand for Asset Demand Money for Mone Rate 2% 4 6 8 10 Mone $220 220 220 220 220 $300 280 260 240 220 $460 460 460 460 460 Refer to the above table. The equilibrium interest rate is: Multiple Choice 2 percent. 4 percent. 6 percent. 8 percent.

Answers

The equilibrium interest rate is 6 percent.


To determine the equilibrium interest rate, we need to find the point where the demand for money equals the demand for assets. In the given table, the equilibrium interest rate is when:

Demand for Money = Demand for Assets

1. For 2% interest rate:
Demand for Money = $300
Demand for Assets = $220
Not in equilibrium.

2. For 4% interest rate:
Demand for Money = $280
Demand for Assets = $260
Not in equilibrium.

3. For 6% interest rate:
Demand for Money = $260
Demand for Assets = $260
In equilibrium.

4. For 8% interest rate:
Demand for Money = $240
Demand for Assets = $220
Not in equilibrium.

Based on the analysis, the equilibrium interest rate is 6 percent. So the correct answer is:
6 percent.

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The manager of a large apartment complex knows from experience that 110 unis will be occupled if the rent is 400 dollars per month. A market survey suggests that, on the averago, one additional unit will remain vacant for each 1 dollar increase in rent. Similarly, one additional unit will be occupled for each 1 dollar decrease in rent. What rent should the managor charge to maximize revenue?

Answers

Given information: A market survey suggests that, on the average, one additional unit will remain vacant for each 1 dollar increase in rent Similarly, one additional unit will be occupied for each 1 dollar decrease in rent.

The manager of a large apartment complex knows from experience that 110 units will be occupied if the rent is 400 dollars per month. Formula for total revenue is,

\(Revenue = Price × Quantity\)

Let's find the total quantity, if the price is \($400\) Per dollar increase, one additional unit will remain vacant. So, for \(400+x rent\), \(400+x units\) will be occupied.\((110 units - x vacant units)\)

\(= 400 + x occupied units(400 + x) + (110 - x)\)

\(= 510 units will be occupied at 400 + x rent\)

Let's find the total quantity, if the price is \($399\) Per dollar decrease, one additional unit will be occupied. So, for \(399-x rent\), \(111+x units\) will be occupied. \((111 units + x occupied units)\)

\(= 399 - x vacant units(399 - x) + (111 + x)\)

\(= 510 units will be occupied at 399 - x rent\)

Now, we can write down the revenue equation for two different prices: When the price is \($400\),

\(Revenue = $400 × 110\)

\(= $44,000\) When the price is \($399\)

\(Revenue = $399 × 111\)

\(= $44,289\) As we can see, if the price is \($399\) then the total revenue is \($44,289\) which is more than the total revenue obtained at \($400\) rent.

Hence, to maximize revenue, the manager should charge \($399\) rent per month.

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What is an example of a source of sales data?

Answers

Answer:

the second one

Explanation:

Money Management Assessment
Australians have the world's second-largest household debts. We know it, we worry about
it
, and there is increasing evidence it is changing our way of life. Ninety per cent of the
nearly 55,000 respondents to the ABC's Australia Talks National Survey rated household
debt as a problem for
the nation. On an individual level, 37 per cent are struggling to pay off
their own debts, with almost half of millennials reporting that debt is a problem for them
personally. https://www.abc.net.au/news/2019-10-18/household-debt-leaves-australians-
working-longer-spending-less/11608016
From what you have been taught this term on money management you need to write a response on
how Australians can turn their personal debt around and start to build wealth. In your response to
achieve above the standard you need to cover all of the key vocab: Debt, Savings, Loans, Banks,
Credit, Needs, Wants, Assets, Liabilities, Interest.

Answers

Answer: What are we suppose to answer where is the question

Explanation:

QUESTION 2 of 10: True or False: The biggest disadvantage to third-party lists is that it can take a long time before the list grows large
enough to have an impact on profitability.
Oa) True
Ob) False

Answers

The statement on the biggest disadvantage to third-party lists is False.

What is the biggest disadvantage ?

The principal hindrance associated with third-party lists is not the amount of time required for it to expand sufficiently in order to generate profitable outcomes.

Rather, the main defect lies on the possibility that such list may not conform to the specific needs and interests of a business venture, thus resulting in unproductively low response rates and marketing efforts. Furthermore, other methods of advertising could be less costly than outsourced lists; there also exists concerns among data privacy and security with respect to using them.

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1. This bank statement is most likely for what kind of account? Provide at least two pieces o

from the statement that explain why.

Answers

The bank statement is for a current account. The evidence to show that's it's a current account include:

The check deposit

The pending of some checks deposited and check#509 withdrawn.

What is a bank statement?

A bank statement, often referred to as an account statement, is a record in writing of all the transactions done in a depositor's savings account or current account within a specific time period. Account holders can keep tabs on their transactions and accounts thanks to the bank statements.

A bank statement typically provides a detailed account description for the selected time period. The account statement is summarised as follows:

Income deposits, cash deposits, and other sorts of deposits are reflected in the account's opening and closing balances.

Account income Service Fees, Service Interest, and Penalties Regarding the Account Payments made out of the account via cash, cheques, or other methods.

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Complete Question

1. This bank statement is most likely for what kind of account? Provide at least two pieces of evidence from the statement that explain why.

Contract liability is a company’s obligations to transfer goods or services to a customer for which the company has received consideration from the customer. An example of a contract liability is
a. Prepaid subscription.
b. Unearned magazine subscription.
c. Mortgage Payable.
d. Service Revenue.

Answers

Contract liability is a company's obligation to transfer goods or services to a customer for which the company has received consideration from the customer. An example of a contract liability is  b. Unearned magazine subscription.

Unearned magazine subscription is an example of a contract liability because the company has received payment from the customer for the subscription, but has not yet provided the goods or services (the magazines). The company is obligated to provide the magazines to the customer, and until it does so, it has a contract liability. Once the company fulfills its obligation and provides the magazines to the customer, the contract liability is eliminated and the company recognizes the revenue.

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Under what type of ownership is the property considered owned 50-50 for estate tax purposes and passed automatically to your spouse at your death?
Question 20 options:

Tenants in common

Tenancy by the entirety

Joint tenants with the right of survivorship

Tenancy by default

Answers

The Joint tenants with the right of survivorship is one the type of ownership considered as owned 50-50 and passed automatically to spouse at death.

A joint tenancy is when there is concurrent ownership on the property where the tenant enjoys the right of survivorship.

The survivorship right means that when one of the co-owner dies, the right of the property will automatically pass to the surviving co-owners

Hence, the Option C is correct because the Joint tenants with the right of survivorship is one the type of ownership considered as owned 50-50 and passed automatically to spouse at death.

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Answer:

Joint tenants with the right of survivorship 

Explanation:

just took the test... got it right

WLR

vamp

After settling a legal dispute, Frank must chose one of two settlement
payment options. He can either receive an immediate lump sum payment of
$250,000, or he can receive an installment payment package with annual
payments of $25,500 spread out over a span of 10 years. Which would likely
be more beneficial to him, and why?
A. The installment package would be better because it would prevent
him from spending all of his money immediately.
B. The immediate payment would be better because it is more
money overall.
C. The immediate payment would be better because he could use the
money immediately to invest it in a safe, low return account.
D. The installment package would be better because he'll have more
money in 10 years than with the lump sum.

Answers

After settling a legal dispute, Frank must choose The immediate payment of $250,000, because it would be better as he could use the money immediately to invest it in a safe, low-return account. Therefore, option C is the correct option.

What is investing?

Investing or investment is a financial term. It is both a tool and a source to generate wealth and income. Investment means putting the money in respect of an object, as the value of the objects differs with time so the value of the money will also differ accordingly. This fact about investment makes it both, risky and profit-making at the same time.

Thus, after a legal dispute is resolved, Frank must select the $250,000 immediate payment because it would be preferable because he could use the money right away to invest it in a secure, low-return account. As a result, choice C is the best one.

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a)Sold goods to Kriti on credit costing Rs. 8,000 for Rs. 10,000.

b)Paid salary in advance Rs. 15,000.

c)Rent outstanding Rs. 2,000.

d)purchased furniture for Rs. 12,000 giving Rs. 4,000 in cash and balance on credit.

e)furniture purchased and paid by cheque rs10,000.
:journal entry.​

Answers

Answer:

Here are the journal entries for the given transactions:

a) Sold goods to Kriti on credit costing Rs. 8,000 for Rs. 10,000.

Debit: Accounts Receivable (Kriti) 10,000

Credit: Sales Revenue 10,000

Debit: Cost of Goods Sold 8,000

Credit: Inventory 8,000

Copy

b) Paid salary in advance Rs. 15,000.

Debit: Prepaid Salary 15,000

Credit: Cash 15,000

Copy

c) Rent outstanding Rs. 2,000.

Debit: Rent Expense 2,000

Credit: Accrued Rent Payable 2,000

Copy

d) Purchased furniture for Rs. 12,000 giving Rs. 4,000 in cash and balance on credit.

Debit: Furniture 12,000

Credit: Cash 4,000

Credit: Accounts Payable 8,000

Copy

e) Furniture purchased and paid by cheque rs10,000.

Debit: Furniture 10,000

Credit: Cash (or Bank if paid by cheque) 10,000

3. ______ are defined as goods or services that are required for health and safety.

Answers

Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.

What is the safety of goods?

A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.

Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.

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Course Review Marketing Research
From the learning in this course, answer the following prompts
(provide specific references to course materials):
How has this course changed your thinking about data

Answers

This course has significantly changed my thinking about data. Through the various course materials, I learned how to collect, analyze and interpret data in a more comprehensive way. I gained knowledge of different research methodologies and how to apply them to specific research questions.

This course has helped me to see data as a valuable asset that can drive business decisions and strategy. I now have a better understanding of how data can be used to identify opportunities, mitigate risks, and improve business performance.

This Marketing Research course has significantly changed my thinking about data in multiple ways. Firstly, the course emphasized the importance of collecting quality data and using appropriate research methods, such as surveys, experiments, and focus groups, to obtain reliable and valid insights (Course Module 2).

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Match the different account heads to the two aspects of business.

Match the different account heads to the two aspects of business.

Answers

Answer:

See below

Explanation:

Match Source A

The business owns:

Are assets that belong to the business.

investments

intangible assets

Property, Plant, and Equipment

Current assets

Match source B

Match owes :

Refer to the liabilities of the business. They belong to others.

loans

payable

Banks and credit unions are the only types of financial institutions.

True
False​

Answers

Answer: False.

Explanation: There are many more Financial institutions.

Answer:

verdadero seria la respuesta

answer this question plz n thank you. (posted the 1st n 2nd question. gonna post 2 other ones.)
3. Many jobs in the Personal Services pathway—such as hairdresser, personal trainer, massage therapist or barber—involve caring for people’s physical needs. List two important qualities that might be needed for success in these kinds of careers and explain how each of the qualities you mentioned are important to finding success in this field.

Answers

Answer:

Confidece, and empathy.

Explanation:

Confidence to know you will do great at your job, and empathy to know how others feel about themselves!

Hope this helps! Brainliest plz!

Other Questions
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