Questions
(Please answer sub parts: A, B) The student population at the state college consists of 55%...

(Please answer sub parts: A, B)

The student population at the state college consists of 55% females and 45% males.

A. The college theater department recently staged a production of a modern musical. A researcher
recorded the gender of each student entering the theater and found a total of 385 females and 215 males. Is the gender distribution for theater goers significantly different from the distribution for the general college? (Test at the .05 significance level using CV = 3.84).

B. The same researcher also recorded the gender of each student watching a men’s basketball game in the college gym and found a total of 83 females and 97 males. Is the gender distribution for basketball fans significantly different from the distribution for the general college? (Test at the .05 significance level
using CV = 3.84).

In: Statistics and Probability

1. Due to the pandemic, the demand for movies in cinemas has fallen. AMC and Cinemark...

1. Due to the pandemic, the demand for movies in cinemas has fallen. AMC and Cinemark must both close half of their theaters in Lewis and Corinth counties over the next month.

a. Why would it be less profitable for both to close half the theaters in both counties versus one closing Lewis county theaters and the other closing Corinth county theaters?

b. Model a simultaneous game in which AMC and Cinemark choose either Lewis or Corinth to close. What is the equilibrium of this game?

c. What is the equilibrium if AMC was able to make a theater closure decision before Cinemark?

d. You are an economist hired to advise AMC on which theaters to close. Should you ask for time to all the theater traffic data or ask them to announce theater closures today?

In: Economics

ABC Theater runs multiple shows each month. Each of the 5 theaters has 100 seats. The...

ABC Theater runs multiple shows each month. Each of the 5 theaters has 100 seats. The selling price for each ticket is $10, no matter which show or time of day. Adults, Seniors and Children admissions are all $10 each.

Given the following financial data:

  • ABC Theaters pays $8,000 rent for the theater equipment each month
  • ABC Theaters owns the building and records depreciation of $1,500 each month
  • The management has determined that there is a variable cost of $2 per admission that accounts for maintenance and supplies.
  • The movie house managers salary is $36,000 per year or $3,000 per month. The manager also receives a $1 bonus for each paid admission to the theater
  • Finally, the ABC Theaters wants to achieve a $10,000 profit at the end of each month.

* Compute the number of ticket admissions required to be sold each month to achieve break even, including the profit goal of $10,000 each month.

* If ABC Theater had an exceptional month and sold 4,000 tickets at their normal price, how much extra profit would they earn beyond their monthly goal of $10,000; assuming the same data as above?

In: Accounting

Read the following case. Apply your knowledge of the five components of the 2013 COSO IC...

Read the following case. Apply your knowledge of the five components of the 2013 COSO IC framework as well as risk, internal controls, and any other Chapter 6 [Parts 1 & 2] topics to speculate whether or not Ron has a chance of carrying out his idea successfully, without being caught, and explain in detail why or why not?

Ron Mitchell is currently working his first day as a ticket seller and cashier at the First Run Movie Theater. When a customer walks up to the ticket booth, Ron collects the required admission charge and issues the movie patron a ticket. To be admitted into the theater, the customer then presents his or her ticket to the theater manager, who is stationed at the entrance. The manager tears the ticket in half, keeping one half for himself and giving the other half to the customer.

While Ron was sitting in the ticket booth waiting for additional customers, he had a "brilliant" idea for stealing some of the cash from ticket sales. He reasoned that if he merely pocketed some of the cash collections from the sale of tickets, no one would ever know. Because approximately 300 customers attend each performance, Ron believed that it would be difficult for the theater manager to keep a running count of the actual customers entering the theater. To further support his reasoning, Ron noticed that the manager often has lengthy conversations with patrons at the door, and appears to make no attempt to count the actual number of people going into the movie house.

In: Finance

1. A researcher claims that the mean rate of Infant mortality in the City of Chicago...

1. A researcher claims that the mean rate of Infant mortality in the City of Chicago is below 9.3 %. Based on the data represented for the years 2005 – 2011, perform a hypothesis test to test his claim using a significance level of α= 0.10.

2.Would your conclusion change for question 1 if you used a significance level of α= 0.05? Explain.

Data:

community Area Name Infant Mortality Rate
Rogers Park 6.4
West Ridge 5.1
Uptown 6.5
Lincoln Square 3.8
North Center 2.7
Lake View 2.2
Lincoln park 2.4
Near North Side 6.5
Edison Park 4.6
Norwood Park 4.4
Jefferson Park 8.3
Forest Glen 3.8
North Park 5.4
Albany Park 4.9
Portage Park 4.7
Irving Park 5.3
Dunning 4.9
Montclaire 4.6
Belmont Cragin 5.6
Hermosa 9.3
Avondale 5.7
Logan Square 4.3
Humboldt Park 9.8
West town 5.1
Austin 13.3
West Garfield Park 19
East Garfield Park 11
Near West side 9.1
North Lawndale 14.1
South Lawndale 5.9
Lower West Side 5.4
Loop 5.7
Near South Side 4.8
Armour Square 1.5
Douglas 13.4
Oakland 8.2
Fuller Park 22.6
Grand Boulevard 12.1
Kenwood 8.9
Washington Park 19.3
Hyde Park 10.4
Woodlawn 11.5
South Shore 11.4
Chatham 10.9
Avalon Park 11.4
South Chicago 17.7
Burnside 13
Calumet Heights 13.9
Roseland 9.6
Pullman 13.6
South Deering 11.8
East Side 3.7
West Pullman 11.9
Riverdale 8.7
Hegewisch 8.4
Garfield Ridge 4.5
Archer Heights 5.2
Brighton Park 5.9
McKinley Park 7.3
Bridgeport 8
New City 7.9
West Elsdon 8.1
Gage Park 5.4
Clearing 6.7
West Lawn 8.4
Chicago Lawn 11.1
West Englewood 13.3
Englewood 13.4
Greater Grand Crossing 14.2
Ashburn 10.2
Auburn Gresham 15.6
Beverly 10
Washington Heights 11.2
Mount Greenwood 3.3
Morgan Park 13.1
O'Hare 2
Edgewater 6.9

Please show work. Thank you :)

In: Statistics and Probability

Melissa recently paid $610 for round-trip airfare to San Francisco to attend a business conference for...

Melissa recently paid $610 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa also paid the following expenses: $385 fee to register for the conference, $335 per night for three nights’ lodging, $300 for meals, and $175 for cab fare.

a. What amount of the travel costs can Melissa deduct as business expenses?

b. Suppose that while Melissa was on the coast, she also spent two days sightseeing the national parks in the area. To do the sightseeing, she paid $1,660 for transportation, $910 for lodging, and $375 for meals during this part of her trip, which she considers personal in nature. What amount of the travel costs can Melissa deduct as business expenses?

c. Suppose that Melissa’s permanent residence and business was located in San Francisco. She attended the conference in San Francisco and paid $385 for the registration fee. She drove 75 miles over the course of three days and paid $170 for parking at the conference hotel. In addition, she spent $475 for breakfast and dinner over the three days of the conference. She bought breakfast on the way to the conference hotel and she bought dinner on her way home each night from the conference. What amount of these costs can Melissa deduct as business expenses?

In: Accounting

An amateur astronomer is researching statistical properties of known stars using a variety of databases. They...

An amateur astronomer is researching statistical properties of known stars using a variety of databases. They collect the color index, or B−V index, and distance (in light years) from Earth for 30 stars. The color index of a star is the difference in the light absorption measured from the star using two different light filters (a B and a V filter). This then allows the scientist to know the star's temperature and a negative value means a hot blue star. A light year is the distance light can travel in 1 year, which is approximately 5.9 trillion miles. The data is provided below. Use Excel to calculate the correlation coefficient r between the two data sets, rounding to two decimal places.

B-V index   Distance (ly)
1.1   1380
0.4   556
1.0   771
0.5   304
1.4   532
1.0   751
0.5   267
0.8   229
0.5   552
0.2   896
1.5   1819
0.5   381
0.5   257
1.1   541
0.7   133
0.5   300
0.0   985
0.4   525
1.0   408
1.1   1367
1.07   2848
1.1   128.9
1.12   1766.2
0.64   186.5
0.87   8269.2
0.19   828.9
1.03   153
0.55   223.6
1.39   963.9
0.89   91.7

In: Math

An amateur astronomer is researching statistical properties of known stars using a variety of databases. They...

An amateur astronomer is researching statistical properties of known stars using a variety of databases. They collect the color index, or B−V index, and distance (in light years) from Earth for 30 stars. The color index of a star is the difference in the light absorption measured from the star using two different light filters (a B and a V filter). This then allows the scientist to know the star's temperature and a negative value means a hot blue star. A light year is the distance light can travel in 1 year, which is approximately 5.9 trillion miles. The data is provided below. Use Excel to calculate the correlation coefficient r between the two data sets, rounding to two decimal places.

B-V index   Distance (ly)
1.1   1380
0.4   556
1.0   771
0.5   304
1.4   532
1.0   751
0.5   267
0.8   229
0.5   552
0.2   896
1.5   1819
0.5   381
0.5   257
1.1   541
0.7   133
0.5   300
0.0   985
0.4   525
1.0   408
1.1   1367
1.07   2848
1.1   128.9
1.12   1766.2
0.64   186.5
0.87   8269.2
0.19   828.9
1.03   153
0.55   223.6
1.39   963.9
0.89   91.7

R=

In: Math

Evans Park Evans Park is a small amusement park that provides a variety of rides for...

Evans Park

Evans Park is a small amusement park that provides a variety of rides for children and teens.   In a typical summer season, the park sells twice as many child tickets as adult tickets.   Adult ticket prices are $18 and the children’s price is $10.   Revenue from food and beverage concessions is estimated to be $60,000, and souvenir revenue is expected to be $25,000.   Variable costs per person (child or adult) are $3.25.   Fixed costs amount to $150,000.   Build a model to show the profitability of this park based on these facts.  

REQUIRED: Show the model with adult sales at the break-even point.

HINT: The EvansPark sheet gives a starting point.   After entering labels and formulas for your model, use Goal Seeking to find where to adjust adult ticket sales so that profit equals zero.   “Goal Seek” is found under the “What-If Analysis” button of the “Data” ribbon.

In: Accounting

Write a hotel blog about a hotel that you visited recently. Remember that you need to...

Write a hotel blog about a hotel that you visited recently. Remember that you need to write the text in perfect tense. Please write minimum 30, maximum 40 sentences. Also specify which hotel category suits your hotel.

In: Operations Management