In: Economics
The data show systolic and diastolic blood pressure of certain
people. Find the regression equation, letting the systolic reading
be the independent (x) variable. Find the best predicted diastolic
pressure for a person with a systolic reading of 150. Is the
predicted value close to 66.2, which was the actual diastolic
reading? Use a significance level of 0.05.
Systolic
139
118
145
133
141
138
139
136
Diastolic
101
61
82
74
104
79
74
74
LOADING... Click the icon to view the critical values of the
Pearson correlation coefficient r.
In: Statistics and Probability
Refer to the accompanying data set and construct a 95% confidence interval estimate of the mean pulse rate of adult females; then do the same for adult males. Compare the results.
Males Females
84 78
71 95
49 56
63 64
53 54
61 82
51 81
75 88
54 89
62 57
69 36
59 65
62 86
78 74
80 75
65 64
65 68
94 77
45 61
86 61
71 82
63 83
74 68
74 71
54 84
68 90
56 87
77 89
71 91
66 91
63 71
93 91
57 80
63 79
56 74
57 56
71 101
69 76
81 78
56 75
In: Statistics and Probability
Required – Calculate annual depreciation for the five year life of the van using each of the following methods – (round to nearest dollar):
In: Accounting
imagine a small business that you would like to open (Gym). Give a comprehensive overview of the opportunities and challenges facing the business. This might include (but not limited to) discussions of your business's customers, revenue sources, business model, competition, operating environment, marketing efforts, information technology, management structure, etc., etc. s. Be creative. Be concise.
In: Operations Management
Please finish the following assignment in Excel.
| Year | Quarter | Units | Competitor Price | My Price |
| 2006 | 1 | 453.4041 | 4.05 | 4.74 |
| 2006 | 2 | 454.8513 | 4.81 | 5.28 |
| 2006 | 3 | 523.9836 | 5.42 | 4.43 |
| 2006 | 4 | 578.7019 | 4.31 | 5.02 |
| 2007 | 1 | 608.5591 | 4.71 | 4.11 |
| 2007 | 2 | 577.5938 | 4.88 | 4.52 |
| 2007 | 3 | 571.9 | 5.81 | 4.41 |
| 2007 | 4 | 660.0556 | 4.14 | 4.87 |
| 2008 | 1 | 443.501 | 4.58 | 5.3 |
| 2008 | 2 | 390.6668 | 4.2 | 5.07 |
| 2008 | 3 | 429.6064 | 4.24 | 5.14 |
| 2008 | 4 | 788.3224 | 5.89 | 4.66 |
| 2009 | 1 | 581.585 | 5.2 | 4.52 |
| 2009 | 2 | 503.9166 | 5 | 4.86 |
| 2009 | 3 | 499.7705 | 4.5 | 4.63 |
| 2009 | 4 | 936.1867 | 5.05 | 4.25 |
| 2010 | 1 | 459.4822 | 5.42 | 4.94 |
| 2010 | 2 | 470.638 | 4.57 | 4.58 |
| 2010 | 3 | 349.4878 | 5.06 | 5.78 |
| 2010 | 4 | 912.5367 | 5.28 | 4.16 |
| 2011 | 1 | 400.3611 | 4.93 | 5.5 |
| 2011 | 2 | 528.4768 | 4.34 | 4.33 |
| 2011 | 3 | 605.8438 | 5.23 | 4.46 |
| 2011 | 4 | 574.5326 | 5.62 | 5.53 |
In: Statistics and Probability
|
Stevens Textile: Balance Sheet as of December 31, 2006 (Thousands of Dollars) |
||||
|
Cash |
$ 1,080 |
Accounts Payable |
$ 4,320 |
|
|
Receivables |
6,480 |
Accruals |
2,880 |
|
|
Inventories |
9,000 |
Notes payable |
2,100 |
|
|
Total current assets |
$16,560 |
Total current liabilities |
$ 9,300 |
|
|
Net fixed assets |
12,600 |
Mortgage bonds |
3,500 |
|
|
Common stock |
3,500 |
|||
|
Retained earnings |
12,860 |
|||
|
Total assets |
$29,160 |
Total liabilities and equity |
$29,160 |
|
|
Stevens Textile: Income Statement as of December 31, 2006 (Thousands of Dollars) |
|||
|
Sales |
$36,000 |
||
|
Operating costs |
32,440 |
||
|
Earnings before interest and taxes |
$ 3,560 |
||
|
Interest |
460 |
||
|
Earnings before taxes |
$ 3,100 |
||
|
Taxes (40%) |
1,240 |
||
|
Net income |
$ 1,860 |
||
|
Dividends (45%) |
$ 837 |
||
|
Addition to retained earnings |
$ 1,023 |
||
Suppose 2007 sales are projected to increase by 12.5 percent over 2006 sales. Determine the additional funds needed. Assume that the company was operating with plenty of excess capacity in 2006, that it cannot sell off any of its fixed assets, and that any required financing will be borrowed as notes payable. Also, assume that assets, spontaneous liabilities, and operating costs are expected to increase by the same percentage as sales. Use the percent of sales method to develop a pro forma balance sheet and income statement for December 31, 2007. Use an interest rate of 8 percent on the balance of debt at the beginning of the year to compute interest (cash pays no interest). Use the pro forma income statements to determine the addition to retained earnings.
In: Finance
The amount of time that customers stay in a certain restaurant for lunch is normally distributed with a standard deviation of 14 minutes. A random sample of 15 lunch customers was taken at this restaurant. Construct a 99%confidence interval for the true average amount of time customers spend in the restaurant for lunch. Round your answers to three decimal places and use ascending order.
time 36, 79, 55, 42, 80, 44, 98, 10, 69, 84, 59, 43, 55, 65, 55
In: Statistics and Probability
Excess revenue (total revenue minus operating expenditures) in the nonprofit sector are normally distributed with a mean of $1.5 million and a standard deviation of $1 million.
(a) What is the probability that a randomly selected nonprofit has negative excess revenues?
(b) What is the probability that a randomly selected nonprofit has excess revenue between $1 million and $2 million?
(c) If 10% of nonprofits are expected to exceed a certain excess revenue level, what is that revenue level?
In: Math
Determine the effect of the following errors on a company's total revenue, total expenses, and net income. Indicate the effect by selecting Overstated (too much), Understated (too little),or Not Affected.
| Transactions | Total Revenue | Total Expenses | Net Income |
| Example: A check for $325 was written to pay on account. The accountant debited Rent Expense for $325 and credited Cash for $325. | Not Affected | Overstated | Understated |
| a. $615 was received on account from customers. The accountant debited Cash for $615 and credited Professional Fees for $615. | |||
| b. The owner withdrew $1,500 for personal use. The accountant debited Salary Expense for $1,500 and credited Cash for $1,500. | |||
| c. A check was written for $1,265 to pay the rent. The accountant debited Rent Expense for $1,625 and credited Cash for $1,625. | |||
| d. $2,100 was received on account from customers. The accountant debited Cash for $2,100 and credited the Capital account for $2,100. | |||
| e. A check was written for $525 to pay the phone bill received and recorded earlier in the month. The accountant debited Phone Expense for $525 and credited Cash for $525. | |||
In: Accounting