Question

In: Statistics and Probability

Suppose a committee wants to decide the service award for last year. There are a total...

Suppose a committee wants to decide the service award for last year. There are a total of 6 candidates, Alice, Brigitte, Chris, Dave, Emma, and Frank. Among the six candidates, Alice, Brigitte, and Emma are females and the rest three are males. The committee must decide exactly three people to be awarded, and the nominations must meet all of the following criteria. At least one female must be nominated; Chris and Emma cannot be both nominated; Since Alice and Brigitte work together all the time last year, if one of them is nominated, so is the other; Exactly one of the two people Chris and Dave will be nominated; The nomination cannot be a list containing exactly Alice, Brigitte, and Chris; If Chris cannot get the nomination, neither can Brigitte. Now, as the chair of the committee, how do you decide the nominations?

Solutions

Expert Solution


Related Solutions

Suppose a hospital unit wants to offer a new service. The service has a fixed cost...
Suppose a hospital unit wants to offer a new service. The service has a fixed cost of $200,000. The service has three DRGs. The number of patients for a specific DRG, their average variable costs per unit, and their average price per unit are given in the table below. No. of Patients Variable cost Rate $ Price Rate $ DRG1 200 300 450 DRG2 400 1200 1500 DRG3 350 900 1150              Find the break-even volume. What is the assumption...
GROSSING-UP. Cotter Company wants to award a $4,000 bonus to Donna D'Amico. In addition, it wants...
GROSSING-UP. Cotter Company wants to award a $4,000 bonus to Donna D'Amico. In addition, it wants the net bonus payment to equal $4,000. Assuming D'Amico is still under the OASDI/FICA limit, the calculation would be: A. $4,000 1 – 0.22 (Supplemental W/H rate) – 0.062 (OASDI) – 0.0145 (HI) B. $4,000 = $5,685.86 grossed-up bonus 0.7035 C. Gross bonus amount $5,685.85* Federal income tax withheld 1,250.89 OASDI tax withheld 352.52 HI tax withheld 82.44 Take-home bonus check $4,000.00 If state...
GROSSING-UP. Cotter Company wants to award a $4,000 bonus to Donna D'Amico. In addition, it wants...
GROSSING-UP. Cotter Company wants to award a $4,000 bonus to Donna D'Amico. In addition, it wants the net bonus payment to equal $4,000. Assuming D'Amico is still under the OASDI/FICA limit, the calculation would be: A. $4,000 1 – 0.22 (Supplemental W/H rate) – 0.062 (OASDI) – 0.0145 (HI) B. $4,000 = $5,685.86 grossed-up bonus 0.7035 C. Gross bonus amount $5,685.85* Federal income tax withheld 1,250.89 OASDI tax withheld 352.52 HI tax withheld 82.44 Take-home bonus check $4,000.00 If state...
Award 1: $40,263 at the end of year 5 Award 2: An annuity of $4,500 over...
Award 1: $40,263 at the end of year 5 Award 2: An annuity of $4,500 over 5 consecutive years that begins at the end of year 5 Award 3: $104,431 at the end of year 15 If the interest rate should rise from 10% to 11%, then the present value of Option 3 at 11% interest compared to the present value of Option 3 at 10% interest would be
Suppose a company wants to decide whether to lease or purchase an asset. Purchase: The capital...
Suppose a company wants to decide whether to lease or purchase an asset. Purchase: The capital cost required to purchase the asset is $1,000,000 (at time zero) with a salvage value of $500,000 at the end of the 5th year. The purchased asset can be depreciated based on MACRS 5-year life depreciation with the half year convention (table A-1 at IRS (https://www.irs.gov/publications/p946) over six years (from year 0 to year 5). Lease: The asset can be leased for 5 years...
Suppose the number of equipment sales and service contracts that a store sold during the last...
Suppose the number of equipment sales and service contracts that a store sold during the last six (6) months for treadmills and exercise bikes was as follows:                        Treadmill          Exercise Bike Total sold                   185                           123 Service contracts     67                             55 The store can only sell a service contract on a new piece of equipment. Of the 185 treadmills sold, 67 included a service contract and 118 did not. Complete the following questions in...
Suppose a researcher wants to perform an hypothesis test to decide whether the mean systolic blood...
Suppose a researcher wants to perform an hypothesis test to decide whether the mean systolic blood pressure for adults aged 20-29 is lower than the mean systolic blood pressure for adults aged 30-39. State the null and alternative hypothesis for the hypothesis test. Discuss the basic strategy for performing this hypothesis test, based on independent samples.
Oriole Service Shop started the year with total assets of $326000 and total liabilities of $241000....
Oriole Service Shop started the year with total assets of $326000 and total liabilities of $241000. During the year, the business recorded $629000 in revenues, $427000 in expenses, and owner drawings of $59400. The net income reported by Oriole Service Shop for the year was 142,600 227,600 241,000 202,000
Suppose that a car company wants to determine the importance to consumers for service like OnStar,...
Suppose that a car company wants to determine the importance to consumers for service like OnStar, which offers drivers a wifi connection (among other things). Small/preliminary studies have concluded that about 69% of people would like an wifi connection in there car. A) use the given preliminary estimate to determine the sanple size required to estimate the proportion of adult Americans who would like wifi capablities in their car to within .02 with 95% confidence. B) how would the interval...
DC's has been approached by a large grocery store chain that wants to sell their award...
DC's has been approached by a large grocery store chain that wants to sell their award winning BBQ sauce. Determine the selling price based on the following information: Fixed costs for production will be $400,000 of which $150,000 is for selling and admin expenses. Variable costs will be $15 per case. Variable selling expenses are $3 per case. Anticipated sales are 100,000 cases. DC's desires a $350,000 profit. What does the selling price per case need to be? After visiting...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT