1. Bowl A contains three red and two white chips, and bowl B contains four red and three white chips. A chip is drawn at random from bowl A and transferred to bowl B. Compute the probability of then drawing a red chip from bowl B.

2. Let P(A)=0.3P(A)=0.3 and P(B)=0.6P(B)=0.6. Find P(A∪B)P(A∪B) when AA and BB are indepdenent.

3. Let P(A)=0.3P(A)=0.3 and P(B)=0.6P(B)=0.6. Find P(A|B)P(A|B) when AA and BB are mutually exclusive.

5. In order to financially stimulate the nation, the Federal government injected $900 billion dollars into the economy. However, the results were less than spectacular. One reason could have been a failure to understand the marginal propensity to consume. Assume the marginal propensity to consume (MPC) was only 0.3. How much of that $900 billion went to increased consumption? Where did the rest of the money go?

Increased consumption: ________________________

Where did the rest go? _________________________

Using MPC = 0.3, what is the multiplier (the actual numerical value please):

___________________

What was the total change in spending as a result of the stimulus package?

__________________

A block with mass m =7.5 kg is hung from a vertical spring. When the mass hangs in equilibrium, the spring stretches x = 0.25 m. While at this equilibrium position, the mass is then given an initial push downward at v = 4.1 m/s. The block oscillates on the spring without friction.

After t = 0.3 s what is the speed of the block?

What is the magnitude of the maximum acceleration of the block?

At t = 0.3 s what is the magnitude of the net force on the block?

Where is the potential energy of the system the greatest?

At the highest point of the oscillation.

At the new equilibrium position of the oscillation.

At the lowest point of the oscillation.

The market and Stock J have the following probability distributions:

Calculate the expected rate of return for the market. Round your answer to two decimal places.

Calculate the expected rate of return for Stock J. Round your answer to two decimal places.

Calculate the standard deviation for the market. Do not round intermediate calculations. Round your answer to two decimal places.

Calculate the standard deviation for Stock J. Do not round intermediate calculations. Round your answer to two decimal places.

1. The owner of Showtime Movie Theaters, Inc. would like to estimate weekly gross revenue as a function of advertising expenditures. Historical data for a sample of eight weeks follow.

1. Develop an estimated regression equation in Excel with the amount of television advertising as the independent variable
2. Develop an estimated regression equation in Excel with both television advertising and newspaper advertising as the independent variables
3. Develop an estimated regression equation in Excel with all three independent variables: television advertising, newspaper advertising, and radio advertising
4. Is the estimated regression equation coefficient for television advertising expenditures the same in par a), in part b) and in part c)? Interpret the coefficient in each case
5. Obtain and compare the multiple coefficient of determination and the adjusted multiple coefficient of determination for parts a), b) and c). How does the coefficient of determination changes as a result of adding more independent variables in the equation?
6. What is the estimate of the weekly gross revenue for a week when $3500 is spent on television advertising, $1800 is spent on newspaper advertising, and $350 in radio advertising?

I ONLY need help with D through F. Please show how to do in Excel. Thank you!!

1.Aggregate demand curve of an economy is given by AD = 51 - 0.2P, the long-run aggregate supply, LRAS, is 30 and the short-run aggregate supply is given by SRAS = 0.3 P (all output measures are in US$ billions and the price level is given as an index number). What is the output gap as a percentage?

2.Aggregate demand curve of an economy is given by AD = 51 - 0.2P, the long-run aggregate supply, LRAS, is 30 and the short-run aggregate supply is given by SRAS = 0.3 P (all output measures are in US$ billions and the price level is given as an index number). What could be the unemployment rate if the natural rate of unemployment is 4%?

3. Aggregate demand curve of an economy is given by AD = 51 - 0.2P, the long-run aggregate supply, LRAS, is 30 and the short-run aggregate supply is given by SRAS = 0.3 P (all output measures are in US$ billions and the price level is given as an index number). Assume that the present status of the economy is the result of a demand shock. What should be the original price level when the economy was in equilibrium?

4.Aggregate demand curve of an economy is given by AD = 51 - 0.2P, the long-run aggregate supply, LRAS, is 30 and the short-run aggregate supply is given by SRAS = 0.3 P (all output measures are in US$ billions and the price level is given as an index number). Assume that the present status of the economy is the result of a demand shock. What should be the price level when the labor market adjusts and the economy will be in an equilibrium?

Flaming Foliage Sky Tours is a small sightseeing tour company in New Hampshire. The firm specializes in aerial tours of the New England countryside during September and October, when the fall color is at its peak. Until recently, the company had not had an accounting department. Routine bookkeeping tasks, such as billing, had been handled by an individual who had little formal training in accounting. As the business began to grow, however, the owner recognized the need for more formal accounting procedures. Jacqueline Frost has recently been hired as the new controller, and she will have the authority to hire an assistant.

During her first week on the job, Frost was given the following performance report. The report was prepared by Red Leif, the company’s manager of aircraft operations, who was planning to present it to the owner the next morning. “Look at these favorable variances for fuel and so forth,” Leif pointed out, as he showed the report to Frost. “My operations people are really doing a great job.” Later that day, Frost looked at the performance report more carefully. She immediately realized that it was improperly prepared and would be misleading to the company’s owner.

Required:

1. Prepare a columnar flexible budget for Flaming Foliage Sky Tours’ expenses, using air miles as the cost driver at the following activity levels: 39,000 air miles, 41,000 air miles, and 44,000 air miles.

Prepare a columnar flexible budget for Flaming Foliage Sky Tours’ expenses, using air miles as the cost driver at the following activity levels: 39,000 air miles, 41,000 air miles, and 44,000 air miles.

In spite of several favorable expense variances shown on the report above, the company’s September operating income was only about two-thirds of the expected level. Identify some of the possible reasons.

Prepare a revised expense variance report for September, which is based on the flexible budget prepared in part (1).(Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "0" for no effect (i.e., zero variance). Round "per air mile" answers to 2 decimal places.)

Jacqueline Frost presented the revised expense report to Leif along with the memo explaining why the original performance report was misleading. Leif did not take it well. He complained of Frost’s “interference” and pointed out that the company had been doing just fine without her. “I’m taking my report to the owner tomorrow,” Leif insisted. “Yours just makes us look bad.” What are Frost’s ethical obligations in this matter? (Select which of the following statements (is) are true by selecting an "X".)

Please read the An Inside Look at Policy article titled “Airbnb Customers to Pay Hotel Taxes” on pages 132-133. Then, provide your answer to the second “Thinking Critically” question posed. Support your responses based on what you learned in your reading assignment.

30. A popular resort hotel has 300 rooms and is usually fully booked. About 7% of the time a reservation is canceled before the 6:00 p.m. deadline with no penalty. What is the probability that at least 285 rooms will be occupied? Use the binomial distribution to find the exact value.