Please use exact data provided here in this question.. An amusement park studied methods for decreasing the waiting time (minutes) for rides by loading and unloading riders more efficiently. Two alternative loading/unloading methods have been proposed. To account for potential differences due to the type of ride and the possible interaction between the method of loading and unloading and the type of ride, a factorial experiment was designed. Use the following data to test for any significant effect due to the loading and unloading method, the type of ride, and interaction. Use = .05. Factor A is method of loading and unloading; Factor B is the type of ride. Type of Ride Roller Coaster Screaming Demon Long Flume Method 1 48 55 49 50 47 45 Method 2 48 45 50 50 41 46 Set up the ANOVA table (to 2 decimal, if necessary). Round p-value to four decimal places. Source of Variation Sum of Squares Degrees of Freedom Mean Square F p-value Factor A Factor B Interaction Error Total The p-value for Factor A is What is your conclusion with respect to Factor A? The p-value for Factor B is What is your conclusion with respect to Factor B? The p-value for the interaction of factors A and B is What is your conclusion with respect to the interaction of Factors A and B? What is your recommendation to the amusement park?
In: Statistics and Probability
An amusement park studied methods for decreasing the waiting time (minutes) for rides by loading and unloading riders more efficiently. Two alternative loading/unloading methods have been proposed. To account for potential differences due to the type of ride and the possible interaction between the method of loading and unloading and the type of ride, a factorial experiment was designed. Use the following data to test for any significant effect due to the loading and unloading method, the type of ride, and interaction. Use = .05. Factor A is method of loading and unloading; Factor B is the type of ride. Type of Ride Roller Coaster Screaming Demon Long Flume Method 1 45 55 53 47 47 49 Method 2 52 55 51 54 51 47 Set up the ANOVA table (to 2 decimal, if necessary). Round p-value to four decimal places. Source of Variation Sum of Squares Degrees of Freedom Mean Square F p-value Factor A Factor B Interaction Error Total The p-value for Factor A is What is your conclusion with respect to Factor A? The p-value for Factor B is What is your conclusion with respect to Factor B? The p-value for the interaction of factors A and B is What is your conclusion with respect to the interaction of Factors A and B? What is your recommendation to the amusement park?
In: Statistics and Probability
Economics: Supply and Demand
USF issues parking permits to allow students to park on campus. The price of the permit is set by college administrators at their discretion, they do not consider market conditions. At the current price, some students complain that there aren’t enough spaces for them to park.
A) Describe this situation in economic terms and describe what this implies about the market equilibrium and the price of a parking permit.
B) Should the price of a parking permit be raised or lowered to fix this problem? Why? Explain.
C) Use the supply and demand model to describe how a graph of the market for parking permits would be affected by a change in price. You must include a graph and describe the graph.
PLEASE HELP !
In: Economics
A survey found that women's heights are normally distributed with mean 63.1 in. and standard deviation 2.3 in. The survey also found that men's heights are normally distributed with mean 69.6 in. and standard deviation 3.4 in. Most of the live characters employed at an amusement park have height requirements of a minimum of 57 in. and a maximum of 62 in. Complete parts (a) and (b) below.
a. Find the percentage of men meeting the height requirement. What does the result suggest about the genders of the people who are employed as characters at the amusement park?
b. If the height requirements are changed to exclude only the tallest 50% of men and the shortest 5% of men, what are the new height requirements? The new height requirements are a minimum of ? in. and a maximum of ? in.
In: Statistics and Probability
The Dow Jones Travel Index reported what business travelers pay for hotel rooms per night in major U.S. cities. The average hotel room rates for 20 cities are recorded.
|
163 |
177 |
166 |
126 |
123 |
120 |
144 |
173 |
160 |
192 |
|
125 |
167 |
245 |
146 |
139 |
134 |
167 |
162 |
145 |
207 |
(e) Which measure of the spread (interquartile range & standard deviation) is better to use here? Briefly justify your answer with a graph generated with StatGraphics. [3]
(f) Determine if there is/are any outlier(s) in the data using the IQR approach. Make sure show all your work. [3]
In: Statistics and Probability
Analyse the relationship between bond prices and interest rates during recession. (4m) (250 words)
An investor estimates that next year’s net income for Hilary Pullman Hotel would be RM 8 million. The company has 0.5 million shares outstanding and decided to pay RM 0.5 million to the preferred stockholders from its net income. Listed companies similar to Hilary Pullman Hotel have been recently reported to have an average price/earnings ratio of 4 times. Given the information, calculate the expected price of the stock and evaluate the problems in using Price/earnings ratio method of valuing the shares of a company. (6m)
In: Finance
1. A 2009 sample of New York hotel room prices had an average of $273. Assume this was from a sample of 48 hotels with a sample standard deviation of $72. Construct a 95% confidence interval and report the lower bound for the interval. (Answer to one decimal place and do not include a $ sign).
2.A 2009 sample of New York hotel room prices had an average of $273. Assume this was from a sample of 48 hotels with a sample standard deviation of $72. Construct a 95% confidence interval and report the upper bound for the interval. Your number should be larger than for the previous problem. (Answer to one decimal place and do not include a $ sign).
In: Statistics and Probability
| date | activities | units | cost | total | units sold | retail price | total |
| aug 1 | beginning inventory | 150 | $8.00 | $1,200.00 | |||
| aug 10 | sales | 70 | $80.00 | $5,600.00 | |||
| aug 20 | purchases | 50 | $9.00 | $450.00 | |||
| aug 25 | sales | 100 | $80.00 | $8,000.00 | |||
| aug 31 | purchases | 50 | $9.25 | $475.00 | |||
| totals | 250 | $2125.00 | 170 |
Corey Church is a seller of designer sunglasses. Following is a summary of Corey Church’s purchases and sales for the month of August, 2020. Calculate the cost of the ending inventory under the A) FIFO and B) LIFO methods. Show your answer on the following tables.
In: Accounting
PRODUCTION UNITS 100
END INV UNITS 20
TOTAL PRODUCTION COST 20000 EUROS
TOTAL FIXED MOH 1000 EUROS
a. Data is missing
b. Full Costing OPINC 200 EUROS higher than VC OPINC
C. Full Costing OPINC =VC OPINC
d. Full Costing OPINC 200 euros lower than VC OPINC
In: Accounting
|
Date |
Transaction |
Units In |
Unit Cost |
Total |
Units Sold |
Sales Price |
Total |
|
7/1 |
Balance |
100 |
4.10 |
410 |
|||
|
7/6 |
Purchase |
800 |
4.20 |
3,360 |
|||
|
7/7 |
Sale |
300 |
7.00 |
2,100 |
|||
|
7/10 |
Sale |
300 |
7.30 |
2,190 |
|||
|
7/12 |
Purchase |
400 |
4.50 |
1,800 |
|||
|
7/15 |
Sale |
200 |
7.40 |
1,480 |
|||
|
7/18 |
Purchase |
300 |
4.60 |
1,380 |
|||
|
7/22 |
Sale |
400 |
7.40 |
2,960 |
|||
|
7/25 |
Purchase |
500 |
4.58 |
2,290 |
|||
|
7/30 |
Sale |
200 |
7.50 |
1,500 |
|||
|
Totals |
2,100 |
9,240 |
1,400 |
10,230 |
Compute FIFO, LIFO, Average for the perpetual inventory system. Be sure to do a summary table and a partial income statement through gross profit for the inventory valuation method and inventory system.
In: Accounting