Questions
Consider the following Data: Year Tea (L per person) Coffee (L per person) 1994 42.4 95.85...

Consider the following Data:

Year

Tea
(L per person)

Coffee
(L per person)

1994

42.4

95.85

1995

42.12

97.28

1996

47.61

87.62

1997

60.86

92.04

1998

55.58

99.21

1999

50.61

95.63

2000

49.89

97.42

2001

56.77

93.93

2002

62.53

95.67

2003

68.31

99.25

2004

69.88

101.31

2005

72.99

101.68

2006

71.36

104.02

2007

90.78

106.09

2008

74.7

105.8

2009

67.15

102.15

2010

67.03

101.15

2011

87.83

104.05

2012

93.4

102.7

2013

78.9

105.28

2014

111.32

106.3

2015

98.39

104.96

2016

105.25

103.57

  1. Calculate measures of central tendency and spread for coffee and tea.
  2. Create Histograms and Box-Plots for both coffee and tea, displaying the number of years in each interval of consumption in L/person.
  3. Create scatter plots for Coffee vs. Year and Tea vs. Year and Coffee vs. Tea.  
  4. Create and record the lines of best fit for each and the correlation coefficient.

In: Statistics and Probability

Automotive: The following table presents a portion of the annual returns for Fidelity's Select Automotive Fund...

Automotive: The following table presents a portion of the annual returns for Fidelity's Select Automotive Fund (in percent). This mutual fund invests primarily in companies engaged in the manufacturing, marketing, or the sales of automobiles, trucks, specialty vehicles, parts, tires, and related services.

Year Automotive Fund
1987 6.54
1988 20.06
1989 4.1
1990 -6.72
1991 37.33
1992 41.61
1993 35.38
1994 -12.75
1995 13.43
1996 16.07
1997 16.78
1998 4.94
1999 -13.47
2000 -7.24
2001 22.82
2002 -6.48
2003 43.53
2004 7.11
2005 -1.75
2006 13.33
2007 0.01
2008 -61.2
2009 122.28
2010 46.18
2011 -26.16
2012 26.17
2013 46.67

1.State the null and the alternative hypothesis in order to test whether the standard deviation is greater than 35%.

2.What assumption regarding the population is necessary to implement this step?

3. Calculate the value of the test statistics.

4. Find the p-value.

5.At a=0.05, what is your conclusion?

In: Statistics and Probability

View 3 Seneca Courses Inc. Employee Forms All employee information for SCI is maintained on file...

View 3

Seneca Courses Inc.

Employee Forms

All employee information for SCI is maintained on file forms. The following are sample employee information forms:

EMP_ID

7839

EMP_ID

7654

EMP_NAME

JOHN CHIU

EMP_NAME

ANDRE MARTIN

SOC_INS

123-234-345

SOC_INS

678-345-123

POSITION

MANAGER

POSITION

SALES

SUPERVISOR

SUPERVISOR

JOHN CHIU

HIREDATE

November 13, 1999

HIREDATE

September 24, 1999

EMP_ID

7434

EMP_ID

7435

EMP_NAME

PARVEZ RAI

EMP_NAME

DANIEL CHOY

SOC_INS

234-123-432

SOC_INS

345-312-234

POSITION

SALES

POSITION

CLERK

SUPERVISOR

JOHN CHIU

SUPERVISOR

HIREDATE

June 24, 1980

HIREDATE

August 4, 1998

Business Rules:

1. SOC_INS must always be different for each employee.

2. EMP_NAME must always have a value.

Normalize the above user view. Document all steps including UNF, 1NF, Dependencies, 2NF, and 3NF and explain or list the primary key and foreign

In: Computer Science

Which of the following statement does NOT correctly characterize a monopoly market? Options: There are many...

Which of the following statement does NOT correctly characterize a monopoly market?

Options:

There are many buyers and only on seller.

Market price is set to be equal to the average revenue.

The average revenue is equal to the marginal revenue.

The seller has the pricing power

In: Economics

The most recent FASB-IASB convergence projects include: a. Leases, Research and Development, Revenue Recognition, and Fair...

The most recent FASB-IASB convergence projects include:

a. Leases, Research and Development, Revenue Recognition, and Fair Value Measurement.

b. Leases, Revenue Recognition, Fair Value Measurement, and Joint Ventures.

c. Insurance Contracts, Post-Employment Benefits, Income Taxes and Impairment

d. Insurance Contracts, Income Taxes, Leases, and Revenue Recognition.

e. Revenue Recognition, Leases, Insurance Contracts, and Income Taxes.

In: Accounting

The total revenue​ (in hundreds of​ dollars) from the sale of x spas and y solar...

The total revenue​ (in hundreds of​ dollars) from the sale of x spas and y solar heaters is approximated by

R(x,y) = 11+196x+218y−8x^2−7y^2−4xy.

Find the number of each that should be sold to produce maximum revenue. Find the maximum revenue.

Find the derivatives Rxx​, Ryy​, and Rxy.

Rxx=​____

Ryy=​____

Rxy=____

Selling spas _____ and _____solar heaters gives the maximum revenue of $_____.

In: Math

Using out two-team model, graphically demonstrate that the marginal revenue (MR) from hiring talent is equal...

Using out two-team model, graphically demonstrate that the marginal revenue (MR) from hiring talent is equal across large and small revenue markets in equilibrium. In the same graph, show and clearly label revenue imbalance, competitive imbalance and payroll imbalance.

Hint: You should use a two-team model (one large revenue team and one small revenue team and assume that their winning percentages sum to 1.00)

MRL = 100 – 120 WL

MRS = 60 – 80 WS

Solve for both winning percents and the MR in equilibrium. Show this on your graph.

In: Operations Management

Forecast the advertising revenue for each quarter in 2011 using seasonal dummy variables and a best...

Forecast the advertising revenue for each quarter in 2011 using seasonal dummy variables and a best subsets regression.​ (Let the first dummy variable be equal to 1 for Quarter 2 and so​ on, following the order of the seasonal categories in the given​ table.

2008

1 540
2 516
3 488
4 500

2009

quarter Rev. in Millions
1 433
2 407
3 402
4 460

2010

quarters rev. in millions
1 347
2 297
3 292
4 332

A) The revenue forecast for the first quarter in 2011 is?

The revenue forecast for the second quarter in 2011 is?

The revenue forecast for the third quarter in 2011 is?

The revenue forecast for the fourth quarter is?

B.) quarter 4 has an average revenue that is ___ above that for quarter !

C.) Calculate the MAD for the forecast.

In: Math

-The demand for low-priced goods is relatively _________, and the demand for high priced goods is...

-The demand for low-priced goods is relatively _________, and the demand for high priced goods is relatively __________.

-The more time you have to adjust to a price change, the _________ (more/less) elastic is your response, because time allows consumers to seek out available substitutes.

-For elastic, an increase in price leads to ________ in total revenue, and decrease in price leads to _______ in total revenue.

-For inelastic, increase in price leads to _______ in total revenue, and decrease in price leads to _____ in total revenue.

-For unitary elastic, increase in price leads to _______ in total revenue, and decrease in price leads to _____ in total revenue.

-Consider the market for bicycles. If a dealer cuts price by 20 percent and sells 10 percent more bikes, then demand for bicycles is:

A. Inelastic, and total revenue will increase.

B. Elastic, and total revenue will increase.

C. Inelastic, and total revenue will decrease.

D. Elastic, and total revenue will decrease.

- If popcorn sales declined 20% when the candy price dropped 10%, the cross-price elasticity of demand for popcorn = __________, a relatively elastic response.

If popcorn sales declined 20% when the movie admission price increased 10%, the cross-price elasticity of popcorn is _____, a relatively elastic response.

- When goods are substitutes, cross-price elasticity is _______. When goods are complements, cross-price elasticity is ______.

- Your income rises by 10%. You go to the movies more and buy 20% more popcorn. Income elasticity of demand for popcorn is ______.

-When a good is a normal good, income elasticity is ________. When a good is an inferior good, income elasticity is _______.

-Income elasticity of demand = 3.29 =>popcorn is an (a) ____ good b/c the income elasticity of demand is __________.

In: Economics

Vertical Analysis of Income Statement The following comparative income statement (in thousands of dollars) for the...

Vertical Analysis of Income Statement

The following comparative income statement (in thousands of dollars) for the two recent fiscal years was adapted from the annual report of Calvin Motorsports, Inc., owner and operator of several major motor speedways, such as the Atlanta, Texas, and Las Vegas Motor Speedways.

Current Year Previous Year
Revenues:
Admissions $92,316 $104,544
Event-related revenue 135,648 131,648
NASCAR broadcasting revenue 179,922 170,368
Other operating revenue 63,114 77,440
Total revenue $471,000 $484,000
Expenses and other:
Direct expense of events $91,374 $98,252
NASCAR purse and sanction fees 121,518 120,032
Other direct expenses 24,492 25,168
General and administrative 177,567 220,704
Total expenses and other $414,951 $464,156
Income from continuing operations $56,049 $19,844

a. Prepare a comparative income statement for these two years in vertical form, stating each item as a percent of revenues. Round to one decimal place. Enter all amounts as positive numbers.

Calvin Motorsports, Inc.
Comparative Income Statement (in thousands of dollars)
For the Years Ended December 31
Current Year Amount Current Year Percent Prior Year Amount Prior Year Percent
Revenues:
Admissions $92,316 % $104,544 %
Event-related revenue 135,648 % 131,648 %
NASCAR broadcasting revenue 179,922 % 170,368 %
Other operating revenue 63,114 % 77,440 %
Total revenue $471,000 % $484,000 %
Expenses and other:
Direct expense of events $91,374 % $98,252 %
NASCAR purse and sanction fees 121,518 % 120,032 %
Other direct expenses 24,492 % 25,168 %
General and administrative 177,567 % 220,704 %
Total expenses and other $414,951 % $464,156 %
Income from continuing operations $56,049 % $19,844 %

Feedback

a. For each year, show each item as a percentage of total revenues.

b. While overall revenue decreased some between the two years, the overall mix of revenue sources did change somewhat. The NASCAR broadcasting revenue increased as a percent of total revenue by 3 percentage points, while the percent of admissions revenue to total revenue decreased by 2 percentage points. Overall, it appears that income from continuing operations has significantly improved because of aggressive cost cutting .

In: Accounting