Let x be a random variable that represents the weights in kilograms (kg) of healthy adult female deer (does) in December in a national park. Then x has a distribution that is approximately normal with mean μ = 60.0 kg and standard deviation σ = 8.0 kg. Suppose a doe that weighs less than 51 kg is considered undernourished.
(a) What is the probability that a single doe captured (weighed
and released) at random in December is undernourished? (Round your
answer to four decimal places.)
(b) If the park has about 2500 does, what number do you expect to
be undernourished in December? (Round your answer to the nearest
whole number.)
does
(c) To estimate the health of the December doe population, park
rangers use the rule that the average weight of n = 60
does should be more than 57 kg. If the average weight is less than
57 kg, it is thought that the entire population of does might be
undernourished. What is the probability that the average weight
x
for a random sample of 60 does is less than 57 kg (assuming a
healthy population)? (Round your answer to four decimal
places.)
(d) Compute the probability that
x
< 61.2 kg for 60 does (assume a healthy population). (Round
your answer to four decimal places.)
Suppose park rangers captured, weighed, and released 60 does in
December, and the average weight was
x
= 61.2 kg. Do you think the doe population is undernourished or not? Explain.
Since the sample average is below the mean, it is quite likely that the doe population is undernourished. Since the sample average is above the mean, it is quite likely that the doe population is undernourished. Since the sample average is below the mean, it is quite unlikely that the doe population is undernourished. Since the sample average is above the mean, it is quite unlikely that the doe population is undernourished.
In: Math
An article in the Wall Street Journal on the parking problems at Tesla's Fremont, California factory notes that: "Tesla has tried to encourage alternatives to driving, such as biking, public transportation and the shuttle buses provided from around the Bay Area ..."
If Tesla auctioned off the right to park in its lot, would the firm need to provide other encouragement for employees to use alternative means of transportation? Briefly explain.
A.
Yes, it would remain necessary to provide alternatives to driving because the price of parking spaces would rise.
B.
No, it would not be necessary because the spaces would be allocated to those most willing to pay for them.
C.
No, encouraging the use of transportation alternatives would not be necessary due to a shortage of spaces.
D.
Yes, encouraging driving alternatives would still be necessary because the supply of spaces would be unchanged.
Is the most economically efficient allocation of parking spaces in Tesla's lot likely to result from auctioning off the right to park or from keeping parking free while encouraging employees to use alternative means of getting to work? Briefly explain.
A.
Keeping parking free, because no one has to pay anything for parking.
B.
Keeping parking free, because those with less income may get a parking space.
C.
Auctioning off the right to park, because the people who get the parking spaces would be determined randomly.
D.
Auctioning off the right to park, because those who benefit the most from the parking spaces would receive them.
Given your answer above, why hasn't Tesla considered charging employees for parking in its lot?
A.
Employees may consider this method to be unfair.
B.
Tesla workers are not rational.
C.
Managers may believe that they should not be charged for parking.
D.
Charging employees for parking is too time-consuming.
In: Economics
Pyridine is a conjugate base which reacts with H+ (such as HCl) to form pyridine hydrochloride. The pyridine hydrochloride dissociates to yield H+ with a pKa of 5.36. Describe the preparation of 1.0 liter of a 0.2 M pyridine buffer at pH 5.2 starting with 1.0 M pyridine and 0.5 M HCl.
In: Chemistry
In: Physics
Albert's utility function is U(I) = 100I2 , where I is income.
Stock I generates net-payoffs of $80 with probability 0.3, $100 with probability 0.4; and $120 with probability 0.3. Stock II generates net-payoffs of $80 with probability 0.1, $100 with probability 0.8; and $120 with probability 0.1.
(i) Which stock should Albert select, I or II?
(ii) What general point about risk-loving preferences have your illustrated?
In: Economics
A Food Marketing Institute found that 28% of households spend
more than $125 a week on groceries. Assume the population
proportion is 0.28 and a simple random sample of 436 households is
selected from the population. What is the probability that the
sample proportion of households spending more than $125 a week is
less than 0.3?
There is a probability that the sample proportion of
households spending more than $125 a week is less than 0.3.
Round the answer to 4 decimal
places.to find answer
In: Statistics and Probability
|
Securities |
Weight |
Beta |
Expected return |
Variance of return |
|
1 |
0.3 |
0.6 |
0.7 |
0.06 |
|
2 |
0.4 |
0.8 |
0.9 |
0.08 |
|
3 |
0.3 |
1.1 |
1 |
0.13 |
Variance of market portfolio return = 0.07
Given the assumption of a single factor model, calculate the following:
In: Finance
QUESTION PART A: You want to obtain a sample to estimate a
population proportion. At this point in time, you have no
reasonable estimate for the population proportion. You would like
to be 99.9% confident that you esimate is within 1.5% of the true
population proportion. How large of a sample size is
required?
n =
QUESTION PART B: If n = 300 and ˆp (p-hat) = 0.3, construct a
90% confidence interval.
Give your answers to three decimals
_____< p < _____
QUESTION PART C: Many investors and financial analysts believe
the Dow Jones Industrial Average (DJIA) gives a good barometer of
the overall stock market. On January 31, 2006, 9 of the 30 stocks
making up the DJIA increased in price (The Wall Street Journal,
February 1, 2006). On the basis of this fact, a financial analyst
claims we can assume that 30% of the stocks traded on the New York
Stock Exchange (NYSE) went up the same day.
A sample of 53 stocks traded on the NYSE that day showed that 26
went up.
You are conducting a study to see if the proportion of stocks that
went up is is significantly more than 0.3. You use a significance
level of α=0.02α=0.02.
What is the test statistic for this sample? (Report answer accurate
to three decimal places.)
test statistic =
What is the p-value for this sample? (Report answer accurate to
four decimal places.)
p-value =
The p-value is...
This test statistic leads to a decision to...
As such, the final conclusion is that...
In: Statistics and Probability
One of the major problems with front office accounting at the Royal Crest Hotel is monitoring guest and non-guest accounts using their manual system. Management has always extended local businesses and government officials charge privileges, the idea being that, with the convenience of deferred payments, local patrons would be more likely to dine and/or host clients at the hotel. This program has proved to be highly successful. The volume of purchases charged to such non-guest accounts now approximates the level of sales incurred by registered guests. Unsure if this is a good or bad situation, Mr. Osei, the front office manager, requests the front office accounting staff to study the problem and to report its findings at next week's front office meeting. At the weekly front office meeting, the hotel's accountant, Ms. Pokua, reports that there are at least three problems related to the hotel's non- guest charge purchasing policies: its impact on the daily hotel audit, the billing procedures to collect payment, and the number of applications for additional non-guest accounts. When asked to be more specific, she begins with a review of the daily hotel audit. She states that since the front office receives charge vouchers from the hotel's revenue centers, it is the front desk agent's responsibility to separate guest from non-guest accounts. Since registered guest charges are posted by room number, one would think it easy to sort those charges from the others. Unfortunately, both the hotel's guest account numbers and the non-guest account numbers are three digits, thereby making the sorting more time-consuming. Mr. Osei asks if it is really necessary to separate the charges. Ms. Pokua explains that it is, since the hotel must maintain accurate guest folio Page 2 of 1 G. N. Baah balances. She further states that the non-guest vouchers are accumulated and posted on Saturday afternoons, when the hotel's business is less hectic. The billing procedures to collect non-guest account balances are tricky, Ms. Pokua said. Since the hotel bills non-guest accounts on the last day of each month, some charges occurring in a particular month may not be posted in time to appear on that month's bill. In addition, non-guest accounts usually are not paid in time. In fact, 47 percent of last month's non-guest account balances remain unpaid and tomorrow is the date of the next billing cycle. Mr. Osei explains that the local customers are important to the hotel and suggests that maybe Ms. Pokua is over-sensitive to the billing problems. Lastly, Ms. Pokua relates the fact that there are at least ten new applications for non-guest accounts. She has instructed her staff not to authorize any new non-guest accounts without her written approval. She further states that she is reluctant to authorize any additional non-guest accounts, and looks to Mr. Osei for advice. Convinced of the positive aspects of such business, Mr. Osei directs her to approve the requests and to assign account numbers effective the first day of next month.
1). State four things that could be done to improve collection of outstanding balances? .
2). What are the two (2) advantages and two (2) disadvantages to having a high volume of non- guest accounts? NOTE; PLEASE I NEED DIFFERENT ANSWERS.
In: Operations Management
CAN YOU MAKE IT SHORT RESEARCH PAPER OF THIS ARTICAL ?
I AM MAKING PROJECT ON HOMELESSNESS THIS IS SOLUTION OF THAT PROJECT
AND I HAVE TO MAKE SHORT RESEARCH PAPER TO SUBMIT BEFORE I SUBMIT FINAL PROJECT.
IN THIS PROJECT WE ARE A NON PROFIT ORGANIZATION WHICH HELP THOSE HOMELESS PEOPLE GET SHELTER SO WE MADE A CONTRACT WITH A MOTEL OR HOTEL WHICH ALLOW US TO FIND FIND HOMELESS AND SEND THEM TO OUR MOTEL OR HOTEL DURING CRITICAL SITUATION LIKE HEAVY FLOOD, RAIN,OR STORM.
I JUST WANT YOU TO MAKE A SHORT RESEARCH PAPER OF THIS ARTICAL ?
Our role: as a non-profit organization, the Coalition for the Homeless in NYC.
Focus area: Mott Haven, Bronx
Partner: Comfort Inn & Suites in Bronx, Family Shelter in Bronx, Government
Solution:
We’re partnering with Comfort Inn & Suites in Bronx to give a room for homeless people that we have data and information to stay on one of the room.
Group of homeless that priority: family with children, single mom with children, elderly (60+), disability people.
We’re asking Comfort Inn & Suites to give us at least 15 rooms (out of 84) during the low season and 7 rooms during the high season. Each room can accomodate 2 to 3 people. So we can put at least 45 homeless people for one night.
Asking special rate: Normal rate is around $142 → $49 on low season and $99 on high season (for us)
Who pay: we will pay monthly and ask government to subsidize our program at least half of the total cost. Asking local religious institution such as churches, synagogues or mosques to participate in our program.
How we select homeless?
We work together with Family Shelter Bronx to get the information of homeless people who still sleep outside the shelter
Working closely with HOME-STAT to have information for people that need immediate place to rest such as homeless with medical issue or disability.
Before we send the homeless people, at the shelter, we will give them food, ask them to shower and change clothes and check their health.
After that, we send them to the Comfort Inn & Suites to stay there for 1 week
During 1 week period, our staff will help them to find shelters in Bronx area or NYC’s area
We will help the homeless people to apply job, SOTA, or affordable housing in the NYC’s area.
If we can’t put them in the shelter within 1 week period, we will continue to pay their hotel fee for another week.
How the process in the hotel?
We will send the information first to the hotel of how many homeless will stay and give them their informations.
Each homeless that we selected need to give their ID in the reception.
The front desk will give the key to homeless on the assign room.
In case, there is a damage in the hotel room, our organization will pay the damage.
Every day, our staff will check their conditions and also follow up the plan
We will take care of them till worst condition
Current Services:
Initially hotel will be providing shelter
Provision of basic necessities
Free meals
Health check up
A better and safe environments
Future Services:
Education assistance for children under 18 and disabled.
Health care assistance.
Job opportunity
Facilities:
Safety and screening of every individual
Free meals
Health check up
Counselings
In: Operations Management