Questions
Please assist with the following question: A home theater in a box is the easiest and...

Please assist with the following question:

A home theater in a box is the easiest and cheapest way to provide surround sound for a home entertainment center. A sample of prices is shown here (Consumer Reports Buying Guide, 2004). The prices are for models with a DVD player and for models with a DVD player.

Existing Homes

315.5

202.5

140.2

181.3

470.2

169.9

112.8

230.0

177.5

New Homes

275.9

350.2

195.8

525.0

225.3

215.5

175.0

149.5

1

Models with DVD Player

Price

Models without DVD Player

Price

Sony HT-1800DP

$450

Pioneer HTP-230

$300

Pioneer HTD-330DV

300

Sony HT-DDW750

300

Sony HT-C800DP

400

Kenwood HTB-306

360

Panasonic SC-HT900

500

RCA RT-2600

290

Panasonic SC-MTI

400

Kenwood HTB-206

300

  1. Compute the mean price for models with a DVD player and the mean price for models without a DVD player. What is the additional price paid to have a DVD player included in a home theater unit?

  2. Compute the range, variance, and standard deviation for the two samples. What does this information tell you about the prices for models with and without a DVD player?

MLB Salaries:

Player Phillies Dodgers Rays Red Sox
1 14250 19000 6000 14000
2 10000 15730 5375 13000
3 8583 15217 3898 12500
4 8000 14727 3785 10442
5 7958 10000 2875 10167
6 7786 9517 2750 9250
7 6350 9250 2400 8333
8 6000 9000 2300 8000
9 5500 8000 2250 6000
10 5000 7500 1600 5083
11 3250 7433 1275 4000
12 3000 2000 1000 3850
13 2400 1925 800 3000
14 1700 1115 417 3000
15 900 600 413 2000
16 900 500 412 1275
17 600 454 412 840
18 500 425 405 835
19 480 415 401 800
20 445 411 401 775
21 440 406 400 457
22 425 400 398 422
23 420 393 397 421
24 415 393 396 406
25 395 392 396 405
26 393 390 396 403
27 390 390 392 400
28 390 390 390 396

In: Economics

A movie theater company wants to see if there is a difference in the average movie...

A movie theater company wants to see if there is a difference in the average movie ticket sales in San Diego and Portland per week. They sample 20 sales from San Diego and 20 sales from Portland over a week. Test the claim using a 5% level of significance. Assume the variances are unequal and that movie sales are normally distributed.

San Diego

Portland

234

211

221

214

202

228

214

222

228

218

244

216

182

222

245

220

215

228

233

224

227

234

217

219

219

226

234

226

255

219

235

228

211

212

248

216

232

217

233

214

Choose the correct decision and summary based on the p-value.

  • A.

    Do not reject H0. There is evidence that the average movie ticket sales in San Diego and Portland per week differ.

  • B.

    Reject H0. There is no evidence that the average movie ticket sales in San Diego and Portland per week differ.

  • C.

    Reject H0. There is evidence that the average movie ticket sales in San Diego and Portland per week differ.

  • D.

    Do not reject H0. There is no evidence that the average movie ticket sales in San Diego and Portland per week differ.

In: Statistics and Probability

Question 1:- A potential investor collected attendance data over a period of 49 days at the...

Question 1:- A potential investor collected attendance data over a period of 49 days at the North Mall and South Mall theaters in order to determine the difference between the average daily attendances. The North Mall Theater averaged 720 patrons per day with a variance of 100, while the South Mall Theater averaged 700 patrons per day with a variance of 96. Develop an interval estimate for the difference between the average daily attendances at the two theaters. Use a confidence coefficient of 0.95.

Question 2:-Zip, Inc. manufactures Zip drives on two different manufacturing processes. Because the management of this company is interested in determining if process 1 takes less manufacturing time, they selected independent random samples from each process. The results of the samples are shown below. (20 points)

                                          Process 1          Process 2

Sample size                               27               22

Sample mean (in minutes) 10              14

Sample variance                 16             25

  1. State the null and alternative hypotheses.
  1. Determine the degrees of freedom for the t-test.
  1. Compute the test statistic
  1. At 95% confidence, test to determine if there is sufficient evidence to indicate that process 1 takes a significantly shorter time to manufacture the Zip drives.

Question 3:-  

Shown below is a portion of computer output for a regression analysis relating to Y (dependent variable) and X (independent variable). (20 points)

ANOVA     

                  df SS

Regression   1 115.064

Residual 13   82.936

Total    

     

            Coefficients Standard Error

Intercept 15.532                 1.457

x              -1.106               0.261

a. Perform a t-test using the p-value approach and determine whether x and y are related. Let α = .05.

b. Using the p-value approach, perform an F test, and determine whether x and y are related.

c. Compute the coefficient of determination and fully interpret its meaning. Be specific.

In: Statistics and Probability

Question 1:- A potential investor collected attendance data over a period of 49 days at the...

Question 1:- A potential investor collected attendance data over a period of 49 days at the North Mall and South Mall theaters in order to determine the difference between the average daily attendances. The North Mall Theater averaged 720 patrons per day with a variance of 100, while the South Mall Theater averaged 700 patrons per day with a variance of 96. Develop an interval estimate for the difference between the average daily attendances at the two theaters. Use a confidence coefficient of 0.95.

Question 2:-Zip, Inc. manufactures Zip drives on two different manufacturing processes. Because the management of this company is interested in determining if process 1 takes less manufacturing time, they selected independent random samples from each process. The results of the samples are shown below. (20 points)

                                          Process 1          Process 2

Sample size                               27               22

Sample mean (in minutes) 10              14

Sample variance                 16             25

  1. State the null and alternative hypotheses.
  1. Determine the degrees of freedom for the t-test.
  1. Compute the test statistic
  1. At 95% confidence, test to determine if there is sufficient evidence to indicate that process 1 takes a significantly shorter time to manufacture the Zip drives.

Question 3:-  

Shown below is a portion of computer output for a regression analysis relating to Y (dependent variable) and X (independent variable). (20 points)

ANOVA     

                  df SS

Regression   1 115.064

Residual 13   82.936

Total    

     

            Coefficients Standard Error

Intercept 15.532                 1.457

x              -1.106               0.261

a. Perform a t-test using the p-value approach and determine whether x and y are related. Let α = .05.

b. Using the p-value approach, perform an F test, and determine whether x and y are related.

c. Compute the coefficient of determination and fully interpret its meaning. Be specific.

In: Statistics and Probability

Value Invest inc is considering purchasing a parcel of wilderness land near a popular historic site.

 

1. Value Invest inc is considering purchasing a parcel of wilderness land near a popular historic site. Although this land will cost Value Invest $400,000 today, Value Invest expects to make $35,000 at the end of each year indefinitely by renting out wilderness campsites on this land. If the appropriate discount rate is 8%, then the NPV of this new wilderness land project is closest to: A) $50,000 B) -$37,500 C) -$50,000 D) $37,500

2. Consider stocks and corporate bonds of Selfie Inc. Selfie's stock and bond price were equal to €30 and €70 at the start of 2017 and increased in value to €50 (Selfie stock) and €75 (Selfie bond) at the end of 2017. Selfie paid a coupon of €5 over 2017 and a dividend of €10. Which statement is TRUE? A) Selfie's total stock return falls below Selfie's total bond return over 2017. B) The stock's capital gain rate exceeds the bond's capital gain rate over 2017. C) Selfie's dividend yield is equal to 40%. D) The bond's yield to maturity increased over 2017.

In: Finance

An online retailer of small gifts orders products from a number of suppliers, stores them, packs...

An online retailer of small gifts orders products from a number of suppliers, stores them, packs them to customers’ orders, and then dispatches them using a distribution company. Although broadly successful, the business is very keen to reduce its operating costs. A number of suggestions have been made to do this. There are as follows:

  • Quality: Make each packer responsible for his or her own quality. This could potentially reduce the percentage of mis-packed items from 0.5% to near zero. Repacking an item that has been mis-packed costs RM1 per item.
  • Speed: Negotiate with suppliers to ensure that they respond to delivery requests faster. It is estimated that this would cut the value of inventories held by the retailer by RM200,000.
  • Dependability: Institute a simple control system that would give early warning if the total number of orders that should be dispatched by the end of the day actually is dispatched in time. Currently 2% of orders is not packed by the end of the day and therefore has to be sent by express courier the following day. This costs an extra RM1 per item.

If the online retailer dispatches two million items every year and if the cost of holding inventory is 9% of its value, how much cost will each suggestion save the company? State the total savings.

In: Operations Management

An online retailer of small gifts orders products from a number of suppliers, stores them, packs...

An online retailer of small gifts orders products from a number of suppliers, stores them, packs them to customers’ orders, and then dispatches them using a distribution company. Although broadly successful, the business is very keen to reduce its operating costs. A number of suggestions have been made to do this. There are as follows:

 Quality: Make each packer responsible for his or her own quality. This could potentially reduce the percentage of mis-packed items from 0.5% to near zero. Repacking an item that has been mis-packed costs RM1 per item.

 Speed: Negotiate with suppliers to ensure that they respond to delivery requests faster. It is estimated that this would cut the value of inventories held by the retailer by RM200,000.

 Dependability: Institute a simple control system that would give early warning if the total number of orders that should be dispatched by the end of the day actually is dispatched in time. Currently 2% of orders is not packed by the end of the day and therefore has to be sent by express courier the following day. This costs an extra RM1 per item.

If the online retailer dispatches two million items every year and if the cost of holding inventory is 9% of its value, how much cost will each suggestion save the company? State the total savings

In: Operations Management

Distinguish between the remote and near environments. How do each support the strategic planning process? Distinguish...

Distinguish between the remote and near environments. How do each support the strategic planning process?

Distinguish between the remote and near environments. How do each support the strategic planning process?

In: Economics

Lincoln Park Zoo in Chicago is considering a renovation that will improve some physical facilities at...

Lincoln Park Zoo in Chicago is considering a renovation that will improve some physical facilities at a cost of $1,800,000. Addition of new species will cost another $310,000. Additional maintenance, food, and animal care and replacement will cost $145,000 in the 1st year, increasing by 3 % each year thereafter. The zoo has been in operation since 1868 and is expected to continue indefinitely; however, it is common to use a 20-year planning horizon on all new investments. Salvage value on facilities after 20 years will be 40 % of initial cost. Interest is 7 %. An estimated 1.5 million visits per year are made to the zoo, and the cost remains free year-round. How much additional benefit per visit, on average, must the visitors perceive to justify the renovation? ..............$

Carry all interim calculations to 5 decimal places and then round your final answer to 2 decimal places. The tolerance is ±0.01.

In: Economics

1. PepsiCo, near the top of Table 2-5 in the chapter, is a company that provides...

1. PepsiCo, near the top of Table 2-5 in the chapter, is a company that provides
comprehensive financial statements. Go to finance.yahoo.com. In the box next to
“Get Quotes,” type in its ticker symbol PEP and click.


2. Scroll all the way down to “Financials” and click on “Income Statement.” Compute
the annual percentage change between the three years for the following:
a. Total revenue.(PLEASE SHOW ALL WORK AS TO HOW YOU ARRIVED AT THE ANSWER)
b. Net income applicable to common shares.(PLEASE SHOW ALL WORK AS TO HOW YOU ARRIVED AT THE ANSWER)


3. Now click on “Balance Sheet” and compute the annual percentage change
between the three years for the following: (PLEASE SHOW ALL WORK AS TO HOW YOU ARRIVED AT THE ANSWER)
a. Total assets.(PLEASE SHOW ALL WORK AS TO HOW YOU ARRIVED AT THE ANSWER)
b. Total liabilities.(PLEASE SHOW ALL WORK AS TO HOW YOU ARRIVED AT THE ANSWER)

4. Write a one-paragraph summary of how the company is doing.

TO FIND THE DATA:

1. PepsiCo, near the top of Table 2-5 in the chapter, is a company that provides
comprehensive financial statements. Go to finance.yahoo.com. In the box next to
“Get Quotes,” type in its ticker symbol PEP and click.


2. Scroll all the way down to “Financials” and click on “Income Statement.” Compute
the annual percentage change between the three years for the following:

In: Finance