Current Age and Age First Diagnosed
1. What is the correlation coefficient (rounded to two decimal places) between Current Age and the Age First Diagnosed?
2. Is the relationship between Current Age and Age First Diagnosed positive or negative?
3. Is the relationship between Current Age and Age First Diagnosed weak, moderate, or strong?
| Current Age | Age First Diagnosed |
| 39 | 25 |
| 38 | 30 |
| 38 | 32 |
| 51 | 29 |
| 53 | 45 |
| 49 | 32 |
| 36 | 18 |
| 44 | 22 |
| 42 | 40 |
| 54 | 21 |
| 46 | 23 |
| 47 | 19 |
| 44 | 36 |
| 43 | 19 |
| 34 | 22 |
| 15 | 14 |
| 32 | 18 |
| 18 | 17 |
| 49 | 33 |
| 16 | 14 |
| 52 | 25 |
| 28 | 12 |
| 40 | 38 |
| 40 | 25 |
| 41 | 35 |
| 15 | 12 |
| 18 | 15 |
| 18 | 18 |
| 16 | 13 |
In: Statistics and Probability
The partially completed inventory record for the driveshaft subassembly in the table below shows gross? requirements, scheduled? receipts, lead? time, and current? on-hand inventory.
a. Complete the last three rows of the record for an FOQ of
50
units. ?(Enter your responses as integers. A response of? "0" is equivalent to being not? applicable.)
|
?Item: Driveshaft subassembly |
Lot? Size:
FOQequals=50 units |
||||||||
|
Lead? Time: 3 weeks |
|||||||||
|
Week |
|||||||||
|
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
||
|
Gross requirements |
30 |
25 |
20 |
15 |
30 |
30 |
50 |
50 |
|
|
Scheduled receipts |
75 |
||||||||
|
Projected? on-hand inventory |
10 |
||||||||
|
Planned receipts b. Complete the last three rows of the record by using the L4L? lot-sizing rule. c. Complete the last three rows of the record by using the POQ? lot-sizing rule, with Pequals=4. |
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In: Operations Management
The comparative statements of financial position for 2023 and 2022 are given below for Surmise Company. Net profit for 2023 was $50 million.
| SURMISE COMPANY Comparative Statements of Financial Position December 31, 2023 and 2022 ($ in millions) |
||||||||
| 2023 | 2022 | |||||||
| Assets | ||||||||
| Cash | $ | 36 | $ | 40 | ||||
| Accounts receivable | 92 | 96 | ||||||
| Less: Allowance for uncollectible accounts | (12 | ) | (4 | ) | ||||
| Prepaid expenses | 8 | 5 | ||||||
| Inventory | 145 | 130 | ||||||
| Long-term investment | 80 | 40 | ||||||
| Land | 100 | 100 | ||||||
| Buildings and equipment | 420 | 300 | ||||||
| Less: Accumulated depreciation | (142 | ) | (120 | ) | ||||
| Patent | 16 | 17 | ||||||
| $ | 743 | $ | 604 | |||||
| Liabilities | ||||||||
| Accounts payable | $ | 13 | $ | 32 | ||||
| Accrued liabilities | 2 | 10 | ||||||
| Notes payable | 35 | 0 | ||||||
| Lease liability | 111 | 0 | ||||||
| Bonds payable | 65 | 125 | ||||||
| Shareholders’ Equity | ||||||||
| Ordinary share capital | 60 | 50 | ||||||
| Additional issued capital | 245 | 205 | ||||||
| Retained earnings | 212 | 182 | ||||||
| $ | 743 | $ | 604 | |||||
Required:
Prepare the statement of cash flows of Surmise Company for the year
ended December 31, 2023, assuming Surmise classifies interest paid,
interest received, and dividends received as operating activities
and dividends paid as a financing activity. Use the indirect method
to present cash flows from operating activities because you do not
have sufficient information to use the direct method. You will need
to make reasonable assumptions concerning the reasons for changes
in some account balances. A spreadsheet or T-account analysis will
be helpful. (Hint: The right to use a building was acquired with a
seven-year lease agreement. Annual lease payments of $9 million are
paid on January 1 of each year starting in 2023.) (Enter
your answers in millions (i.e., 10,000,000 should be entered as
10.). Amounts to be deducted should be indicated with a minus
sign.)
In: Accounting
Question 1: (1 point)
Identify the independent and dependent variables in each example below.
Environmentalists have a theory that as smoke-stack and tailpipe emissions have increased over the past centuries, global warming has occurred.
An educational researcher is interested in effects of nutrition on school performance. She classifies students as breakfast eaters and non-breakfast eaters. She measures school performance by recording school attendance rate.
Question 2: (2points)
At what level of measurement is the following data and what type of graph can be used?
SAT scores of students collected from a sample of students in Berkeley College.
A meteorologist classifies cities in the US as having winter weather as dreary, not dreary.
A kindergarten teacher classifies students as readers, incipient readers, nonreaders.
A housing developer advertises his houses as being fully carpeted, partially carpeted or not carpeted
Question 3: (2 points)
The college registrar is asked to count the number of usable chairs in different classrooms at her university to determine how many students can be seated in each class. These are number of usable chairs in the different classrooms:
7, 12, 26, 18, 20, 33, 34, 17, 20, 35, 46, 50, 28, 29, 33, 18, 45, 53, 30, 37, 45, 58, 43, 42, 10, 34, 28, 35, 36, 50, 60, 55, 45, 52, 54, 28, 34, 25, 35, 40, 45, 44, 40, 23, 38, 39, 40, 50, 60, 45, 36, 28, 40, 54, 62, 44, 24, 28, 30, 60, 38, 58, 24.
At what level of measurement is this data & what type of graph is appropriate?
Make steam-and-leaf display
Describe modality & symmetry (skewness) of this data
In: Statistics and Probability
A paint booth operation runs 5 days per week. As the production supervisor, you track the number of errors produced by the paint booth by week. Errors can be of any type (over spray, inadequate coverage, etc.), may occur on one or more pieces of equipment, and the number and type of equipment painted varies greatly. Ten weeks of data were collected and the number of errors identified are found in the following table. Construct a control chart with 3-sigma control limits to determine if the process is in control. Week Number of errors 1 5 2 4 3 5 4 4 5 4 6 3 7 0 8 2 9 0 10 3 1. What are the CL, UCL, and LCL? 2. Draw the control chart and plot the 10-weeks of data? 3. Does the control chart suggest that the paint booth operation may be out-of-control? Explain. 4. After investigating, you determine that there is a special cause. The paint booth had become wore and was overhauled after Week 5. What, if anything, should you do to continue monitoring the paint booth operation? Please demonstrate what should be done.
In: Operations Management
Probability Stock A Stock B Stock C
.30 9% 35% 3%
.30 15% 28% 9%
.40 7% 21% 15%
6) Find the expected return of the portfolio with 50% invested in stock A and 50% invested in stock B. (Round your answer to 2 decimal places)
7) Find the expected return of the portfolio with 40% invested in stock A, 20% invested in stock B, and 40% invested in stock C. (Round your answer to 2 decimal Places)
8) Find the portfolio 1 Variance (answer 1) and standard Deviation
(answer 2). (round to 2 decimal places)
9) Find the portfolio variance (answer 1) and standard deviation
(answer 2) for portfolio 2. (round your answer to 2 decimal
places.
In: Finance
: Independent Samples t Test Criterion: Identify IV, DV, and hypotheses and evaluate the null hypothesis for an independent samples t test. Data:
Complete the following:
a. Identify the IV and DV in the study.
b. State the null hypothesis and the directional (one-tailed) alternative hypothesis.
c. Can you reject the null hypothesis at α = .05? Explain why or why not.
In: Statistics and Probability
In: Statistics and Probability
Take 5 cards from a 52 card deck without replacement.
a) Use the multiplication principle reason out the number of ways to get 1 pair
and 3 other non-paired cards
(Hint: Fill in the number of ways to choose: 1 card type, 1 matching card,
1 card that doesn’t match, 1 card that doesn’t match any of the previous 3, 1 card that doesn’t match any of the previous.
b) How many ways can you draw out a set of 5 cards?
c) What’s the probability of exactly one pair?
d) How many times would you expect to exactly one pair in 50 trials?
e) Run 50 trails (shuffle each time if you’re using a real deck of cards)
How many times did you get exactly one pair?
Is this consistent with what’d you expect from part (d)?
In: Statistics and Probability
A property has first year NOI of $1.5 million. NOI grows at 7% during the next two years. In year four, NOI goes drops 50% due to a lost tenant. You are very lucky and replace the tenant. Year five NOI is 4X year four. (continues below…)
continue…You have a $10 million mortgage on this property, at 5% interest, amortization of twenty years. There are two partners who have invested $3 million total in the property. Partner A is the operator and has invested 20%. Partner B, the finance partner has invested 80%. The partners share the cash flow in the following manner:
8% minimum return, pro rata to the amount of investment. The finance partner has a preference. In return for giving the finance partner a preference, the operating partner is entitled to twice their pro rata share of any excess cashflow.
Extra credit
Assume that the finance partner can clawback from the operating partner to meet the minimum return.
In: Finance