Questions
Chapter 7 - Sampling Distribution 6. A normal population has a = 50 and = 8....

Chapter 7 - Sampling Distribution
6. A normal population has a = 50 and = 8. A random sample is taken form this population (n = 16) and has its own M = 54. What is the z score for this sample mean (M)? (Distribution of sample means)
Chapter 8 – Introduction to Hypothesis Testing
7. Identify the four steps of hypothesis test as presented in this chapter.
8. Define the alpha level and the critical region for a hypothesis test.
9. Define Type I and Type II errors.
10. A university president believes that, over the past few years, the average age of students attending his university has changed. To test this hypothesis, an experiment is conducted in which the age of 150 students who have been randomly sampled from the student body is measured. The mean age is 23.5 years. A complete census taken at the university a few years before the experiment showed a mean age of 22.4 years, with a standard deviation of 7.6.
(Hypothesis test statistic for a single sample; population known – z scores)

In: Statistics and Probability

7. A BCD stock pays an 8% continuous dividend. The current price is $50 and the...

7. A BCD stock pays an 8% continuous dividend. The current price is $50 and the continuously compounded risk-free rate is 6%. What is the price of a prepaid forward contract that expires 1 year from today? What is the price of a forward contract that expires at the same time?

In: Finance

X Company is planning to stop the production and sale of Product Q, which lost $12,000...

X Company is planning to stop the production and sale of Product Q, which lost $12,000 last year. If Product Q is dropped, two things will happen in each of the next four years: 1) last year's loss will be avoided, and 2) sales of Product R will be increased, contributing $12,000 to annual profits. In addition, if Product Q is dropped, the company will be able to sell some equipment immediately for $17,000. Assuming a discount rate of 4%, what is the net present value of stopping the production and sale of Product Q?

In: Accounting

X Company is planning to stop the production and sale of Product Q, which lost $8,000...

X Company is planning to stop the production and sale of Product Q, which lost $8,000 last year. If Product Q is dropped, two things will happen in each of the next three years: 1) last year's loss will be avoided, and 2) sales of Product R will be increased, contributing $10,000 to annual profits. In addition, if Product Q is dropped, the company will be able to sell some equipment immediately for $14,000. Assuming a discount rate of 4%, what is the net present value of stopping the production and sale of Product Q?

In: Accounting

Software Inc. is considering a replacement of its air conditioner system. The company has two systems...

Software Inc. is considering a replacement of its air conditioner system. The company has two systems to choose:
-   Matsu-Cool models cost $40,000 to purchase, result in electricity bills of $15,000 per year, and last for 5 years.
-   Tuba-Air models cost $60,000 to purchase, result in electricity bills of $10,000 per year, and last for 7 years.
Both systems are fully depreciated straight line. Assume that the company will replace the air conditioner when it wears out. The tax rate is 40%. The discount rate is 15%.
Which model should the company choose? Why?
(Excel format)

In: Finance

1) If a firm lowers the price of its product and as a result total revenue...

1) If a firm lowers the price of its product and as a result total revenue falls, we can conclude that

  1. the product's price is above the midpoint of its demand curve
  2. other things constant, the firm's profits will increase
  3. a demand is elastic in this price range
  4. the product is inferior goods
  5. demand is inelastic in this price range

2) According to Table below, what is the price elasticity of demand (using Midpoint method) when price rises from $8.50 to $9?

  1. 1.26
  2. 15/35
  3. -1.26
  4. 7/3
  5. -2.058

Price Per Unit

Quantity Demanded Per Week

$10.00

25

$9.50

30

$9.00

35

$8.50

40

$8.00

45

$7.50

50

$7.00

55

$6.50

60

$6.00

65

$5.50

70

$5.00

75

3) According to Table below, what is the price elasticity of demand if price falls from $8.50 to $8.00? (Use % change equation only)

  1. -17/9
  2. -17/8
  3. 17/8
  4. 9/17
  5. 17/9

Price Per Unit

Quantity Demanded Per Week

$10.00

25

$9.50

30

$9.00

35

$8.50

40

$8.00

45

$7.50

50

$7.00

55

$6.50

60

$6.00

65

$5.50

70

$5.00

75

4) According to Table below, Michelle's utility schedule is characterized by

  1. diminishing total utility
  2. constant marginal utility
  3. total utility that increases at a decreasing rate
  4. increasing marginal utility
  5. exponential marginal utility

Quantity per Week

Michelle

Robert

David

Lauren

0

0

0

0

0

1

5.0

1,000

60

60

2

9.9

1,900

120

130

3

14.7

2,700

180

220

4

19.4

3,400

240

310

5

24.0

4,000

300

425

6

28.5

4,500

360

575

7

32.9

4,900

420

900

8

37.2

5.200

480

1,275

9

41.4

5,400

540

1,770

In: Economics

Exercise 2: A new IS project has been proposed that is expected to produce not only...

Exercise 2: A new IS project has been proposed that is expected to produce not only cost savings but also an increase in revenue. The initial capital cost to establish the system is estimated to be $500,000. The remaining cash flow data is presented in Table 2.10. Using a spreadsheet program, calculate the payback period, internal rate of return, and net present value for this project. Assume that the cost of capital is 7% and the effective tax rate is 40% How would the payback, internal rate of return, and net present value change if the capital cost for the project was $750,000 and the cost saving and increased revenue were decreased by 25% each year. Table:(1 2 3 4 5 6) = years Capital 500,000 Incresed Revenue $50 $75 $100 $115 $130 Cost Savings 110 125 125 125 125 Depreciation expense 150 125 100 75 50 Operating and maintenance epanse 75 50 50 50 50 all amounts are in hundreds and thousands Years are 2-6 values. Year 1 is starting with 500,000.

In: Finance

For one of the final projects, you will individually or in partners demonstrate that you can...

For one of the final projects, you will individually or in partners demonstrate that you can connect statistics topics in a short but coherent presentation. Your project's data set will need at least four variables - at least two categorical and at least two quantitative. For example, you might consider the following variables for American participants in a survey: birth month (categorical), state of birth (categorical), average number of bowls of cereal eaten per week (quantitative), and amount spent on groceries (quantitative).

(a) First, formulate a research question relating to two of your quantitative variables along the lines of "how does *quantitative variable 1* relate to *quantitative variable 2*?" For example, you might ask "Does the average height for students relate to the average number of hours slept by students?" Include the question in your Word document.

(b) Create a least-squares regression line that answers the research question posed in part (a). Your answer here will be graded on the following: (i) an appropriate scatterplot related to the two variables (ii) correlation coefficient "r" and coefficient of determination "r2" between the two variables, (iii) a determination of whether the correlation coefficient is significant and (iv) whether your line is correct (with slope and intercept) based on the data provided!

Hours of sleep Height (inches)
4 62
5 65
6 65
6 62
7 63
7 67
7 60
7 74
7 64
7 63
8 73
8 62
8 66
8 70
8 72
8 69
8 63
9 60
9 67
10 73

In: Statistics and Probability

SIX quick question! thankyou SO MUCH 1. A plastic rod, initially uncharged, is rubbed with wool...

SIX quick question! thankyou SO MUCH

1.

A plastic rod, initially uncharged, is rubbed with wool that is also uncharged and obtains a charge of -10 C. What is the charge on the wool after rubbing?

A.

Unable to be determined.

B.

-10 C

C.

0 C

D.

10 C

2.

You observe a vibrating string that is anchored between two walls to have seven modes. How many antinodes does the string have?

A.

6

B.

8

C.

7

D.

None. The mode of a wave does not correspond to antinodes.

3

What is alike when the term "two like charges" is used?

A.

The particles have the same size.

B.

The particles have the same charge.

C.

The particles have the same mass.

D.

The particles have the same weight.

4

How do two differently signed charges interact?

A.

They repel one another.

B.

Depends on the distance between them.

C.

Depends on their magnitudes.

D.

They attract one another.

5Two sources produce identical sound waves. If one of the sources produced sound that is completely out of phase with the other, what would be the beat frequency you hear?

A.

Depends on the path length difference between the two sources.

B.

You would not hear any beats.

C.

Depends on the distance between the two sources.

D.

Depends on the speed of the sound.

6

For an infinite sheet of positive charge, the electric field lines:

A.

are parallel to the sheet of charge and point right.

B.

are parallel to the sheet of charge and point left.

C.

are perpendicular to the sheet of charge and point away from the sheet.

D.

are perpendicular to the sheet of charge and point toward the sheet.

In: Physics

A person’s muscle mass is expected to be associated with age. Some people also thought exercise...

A person’s muscle mass is expected to be associated with age. Some people also thought exercise time would be associated with the muscle mass. To explore the potential relationships between muscle mass and age, muscle mass and exercise time, a nutritionist randomly selected 20 women from a population of women with age ranging from 40 to 80 years old, and measured their muscle mass (a score without unit) and exercise time (hours per month)

Patient

Age

MuscleMass

ExcerciseTime

1

43

106

23

2

41

106

24

3

47

97

26

4

76

56

21

5

72

70

23

6

76

74

19

7

42

105

22

8

49

97

17

9

53

92

14

10

44

103

21

11

63

80

25

12

55

90

16

13

66

77

25

14

58

86

19

15

70

72

18

16

57

87

22

17

71

71

21

18

46

100

18

19

61

83

27

20

68

74

20

21

44

105

21

22

53

94

19

23

60

82

23

24

72

78

21

What do the two regression parameters (b0 and b1) mean?

In: Math