| # of OpenLab visits | Final grade |
| 2 | 40 |
| 8 | 85 |
| 10 | 80 |
| 9 | 84 |
| 15 | 90 |
| 7 | 72 |
| 5 | 50 |
| 4 | 59 |
| 8 | 85 |
| 10 | 70 |
| 7 | 66 |
| 7 | 70 |
| 5 | 63 |
| 4 | 60 |
| 4 | 59 |
| 11 | 79 |
| 3 | 82 |
| 9 | 90 |
| 10 | 82 |
| 9 | 76 |
| 14 | 85 |
| 6 | 73 |
| 5 | 41 |
| 4 | 56 |
| 8 | 80 |
| 10 | 70 |
| 7 | 66 |
| 9 | 88 |
| 5 | 65 |
| 4 | 70 |
| 4 | 62 |
| 11 | 90 |
In what follows use any of the following tests/procedures: Regression, confidence intervals, one-sided t-test, or two-sided t-test. The procedures should be done with 5% P-value or 95% confidence interval.
Open Lab Visits data. Is it reasonable to claim that students with 8 or more visits to open lab sessions have average final grade higher than students with less than 8 visits?
1. What test/procedure did you perform? (5 points)
2. Why did you choose this test/procedure? Because… (5 points)
3. What is the P-value/margin of error? (5 points)
4. What is the Statistical interpretation? (5 points)
5. What is the conclusion? (5 points)
In: Statistics and Probability
5. In lab #2 we used LINEST (Excel function) to determine the slope and uncertainties of the slope. Imagine that you are performing the following measurements: X Y 1 2.2 2 3.1 3 4.5 4 6.3 5 7.5 6 8.3 7 9.7 8 10.5 9 11.2 10 12.5
5.a. Using LINEST, calculate the slope and uncertainty of the slope for given data. Hint: Set your y column as your dependent variable and x column as your independent variable.
5.b. Calculate the mean value x , the standard deviation V y ,and standard deviation of the mean σ y of your ‘measured’ quantity X over N trials (number of runs). Xi (units) 0 .65 0.68 0.62 0.7 0.67 0.63 0.61 0.6 0.66 0.64
PLEASE SHOW WORK
In: Physics
Perkins Company manufacturers a wide variety of products in its Dallas Division. The Dallas plant was created to be an efficient producerof standardized products made in long-production runs although both high and low volume products are now producted there . Annual volums range from severl thousand units for some products to fewer than 10 for others. In recent year, much of the Dallas plants usual business in high volume products ha been lost to competitiors who price aggressivley and who do not product a full product line. To better understand the costs of its products, the Dallas Division is considering changing its product costing system. The existing sstem accululates al over head in a signle cost pool and allocates it based on direct labor horus. Because of the very large number of products, the general manger has decided to focus initially on just two products: Product 321, which is representative of most of Dallas- high volume products and Product 333, a representative low volume product. The following information pertains to the most recent years operations of the Dalls plant; for brevity, details for products other than Product 321 and Product 333 are not shown, but totals for the entire divison are given in the las t column.
................................................................Total for Product 321.....Total Product 333........Total for Dallas
Direct material cost......................................$6,000.....................$150........................25,000
Direct labor cost.......................................30,000.....................600..........................100,000
Total direct cost..................................$36,000........................750............................125,000
Unit-lever overhead....................................................................................................140,000
Batch level overhead....................................................................................................240,000
Product-level overhead................................................................................................200,000
Plant-level overhead....................................................................................................220,000
Total overhead.............................................................................................................800,000
................................................................Total for Product 321.....Total Product 333........Total for Dallas
Units produced........................................2400...............................6............................6,000
Direct Materials pounds..........................36,000............................200...........................100,000
Material requisitions............................40.........................................5............................1,0000
Direct labor hours............................7,200...................................120............................20,000
machine hours........................3,800........................................30...................................10,000
setups...................................40...............................................4....................................1,600
Setup hours............................400..........................................36.....................................8,000
Design changes............................1..........................................4......................................40
Deisgn hours...................................320....................................200...................................2,000
Usual selling price...........................$150.....................................1500
Competitors price.............................$100....................................--------
Question:
Using the usual selling prices and the product costs reported by the ABC system, calculate the gross margin in dollars and as a percent of sales, to the nearest whole percent, on one unit of each product.
In: Accounting
Write a function ‘sort1’ that takes in an array of non-zero
positive integers as input and returns a second vector
that contains only the odd numbers. It will return zero if all
elements are even. Use error-traps to check against
probable errors in user input. In case of an error, it will return
NaN. You are allowed to use Matlab built-in function
round(). Check your code with the following arrays:
>> y1 = [18, -5, 89, -7, 4, 10, 12, 34, -2, 45];
>> y2 = [34, 67, 89, 0, 12, 87, 0, 5];
>> y3 = [ 8, 3, 11, 4, 7, 12, 19, 3, 5, 6]
>> z1 = sort1(y1)
z1 =
NaN
>> z2 = sort1(y2)
z2 =
NaN
>> z3 = sort(y3)
z3 =
3 11 7 19 3 5
** You cannot use any built in Matlab functions other than round(). I don't need all the test runs. I'm just stuck halfway through the code and can't finish it.
In: Computer Science
EZ-Seat, Inc., manufactures two types of reclining chairs, Standard and Ergo. Ergo provides support for the body through a complex set of sensors and requires great care in manufacturing to avoid damage to the material and frame. Standard is a conventional recliner, uses standard materials, and is simpler to manufacture. EZ-Seat’s results for the last fiscal year are shown in the statement below.
|
EZ-SEAT, INC. Income Statement |
|||||||||
| Ergo | Standard | Total | |||||||
| Sales revenue | $ | 2,000,000 | $ | 5,000,000 | $ | 7,000,000 | |||
| Direct materials | 600,000 | 1,500,000 | 2,100,000 | ||||||
| Direct labor | 400,000 | 500,000 | 900,000 | ||||||
| Overhead costs | |||||||||
| Administration | 540,000 | ||||||||
| Production setup | 465,000 | ||||||||
| Quality control | 270,000 | ||||||||
| Distribution | 800,000 | ||||||||
| Operating profit | $ | 1,925,000 | |||||||
EZ-Seat currently uses labor costs to allocate all overhead, but management is considering implementing an activity-based costing system. After interviewing the sales and production staff, management decides to allocate administrative costs on the basis of direct labor costs but to use the following bases to allocate the remaining costs:
| Activity Level | |||
| Activity Base | Cost Driver | Ergo | Standard |
| Setting up | Number of production runs | 50 | 100 |
| Performing quality control | Number of inspections | 180 | 180 |
| Distribution | Number of units shipped | 1,700 | 6,300 |
Required:
a. Complete the income statement using the preceding activity bases. (Do not round intermediate calculations.)
c. Restate the income statement for EZ-Seat using direct labor costs as the only overhead allocation base. (Do not round intermediate calculations.)
In: Accounting
EZ-Seat, Inc., manufactures two types of reclining chairs,
Standard and Ergo. Ergo provides support for the body through a
complex set of sensors and requires great care in manufacturing to
avoid damage to the material and frame. Standard is a conventional
recliner, uses standard materials, and is simpler to manufacture.
EZ-Seat's results for the last fiscal year are shown in the
statement below.
| EZ-SEAT, INC. Income Statement |
|||||||||
| Ergo | Standard | Total | |||||||
| Sales revenue | $ | 2,925,000 | $ | 2,760,000 | $ | 5,685,000 | |||
| Direct materials | 550,000 | 500,000 | 1,050,000 | ||||||
| Direct labor | 400,000 | 200,000 | 600,000 | ||||||
| Overhead costs | |||||||||
| Administration | 468,000 | ||||||||
| Production setup | 1,080,000 | ||||||||
| Quality control | 720,000 | ||||||||
| Distribution | 1,440,000 | ||||||||
| Operating profit | $ | 327,000 | |||||||
EZ-Seat currently uses labor costs to allocate all overhead, but
management is considering implementing an activity-based costing
system. After interviewing the sales and production staff,
management decides to allocate administrative costs on the basis of
direct labor costs but to use the following bases to allocate the
remaining costs:
| Activity Level | |||
| Activity Base | Cost Driver | Ergo | Standard |
| Setting up | Number of production runs | 50 | 100 |
| Performing quality control | Number of inspections | 200 | 200 |
| Distribution | Number of units shipped | 1,500 | 6,000 |
Required:
a. Complete the income statement using the preceding activity bases. (Do not round intermediate calculations.)
c. Restate the income statement for EZ-Seat using direct labor costs as the only overhead allocation base. (Do not round intermediate calculations.)
In: Accounting
Flower unlimited is considering purchasing an additional delivery truck that will have seven-year useful life. The new truck will cost $42,000. Cost savings with this truck are expected to be $12,800 for the first two years, $8,900fo the following two years, and $5000 for the last three years of the truck’s useful life. What is the payback period for this project? What is discounted payback period for this project with a discount rate of 10 percent?
please provide formula
In: Finance
Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $910. Selected data for the company’s operations last year follow:
| Units in beginning inventory | 0 | |
| Units produced | 310 | |
| Units sold | 280 | |
| Units in ending inventory | 30 | |
| Variable costs per unit: | ||
| Direct materials | $ | 130 |
| Direct labor | $ | 350 |
| Variable manufacturing overhead | $ | 50 |
| Variable selling and administrative | $ | 40 |
| Fixed costs: | ||
| Fixed manufacturing overhead | $ | 62,000 |
| Fixed selling and administrative | $ | 26,000 |
The absorption costing income statement prepared by the company’s accountant for last year appears below:
| Sales | $ | 254,800 |
| Cost of goods sold | 204,400 | |
| Gross margin | 50,400 | |
| Selling and administrative expense | 37,200 | |
| Net operating income | $ | 13,200 |
Required:
1. Under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year?
2. Prepare an income statement for last year using variable costing.
In: Accounting
Which of the following is true?
The higher the cost associated with deposit outflows, the fewer excess reserves banks will want to hold.
One of the least costly ways for a bank to meet withdrawals if it runs short of funds, is to sell loans.
If a bank has sufficient excess reserves, deposit withdrawals will require no other changes in its balance sheet.
An increase in excess reserves reduces liquidity risk and raises a bank's return on its assets.
In: Economics
Write a java program that will take a line of input and go
through and print out that line again with all
the word numbers swapped with their corresponding numeric
representations (only deal with numbers
from one to nine). Sample runs might look like this:
Please enter a line of input to process:
My four Grandparents had five grandchildren
My 4 grandparents had 5 grandchildren
without array and methods.
In: Computer Science