Questions
The general fund budget (in billions of dollars) for a U.S. state for 1988 (period 1)...

The general fund budget (in billions of dollars) for a U.S. state for 1988 (period 1) to 2011 (period 24) follows.

Year Period Budget
($ billions)
1988 1 3.03
1989 2 3.29
1990 3 3.56
1991 4 4.31
1992 5 4.46
1993 6 4.61
1994 7 4.65
1995 8 5.15
1996 9 5.34
1997 10 5.66
1998 11 6.11
1999 12 6.20
2000 13 6.58
2001 14 6.75
2002 15 6.56
2003 16 6.88
2004 17 7.08
2005 18 7.65
2006 19 8.38
2007 20 8.57
2008 21 8.76
2009 22 8.43
2010 23 8.33
2011 24 8.76

(b)Develop a linear trend equation for this time series to forecast the budget (in billions of dollars). (Round your numerical values to three decimal places.)

Tt = ____?______

(c)What is the forecast (in billions of dollars) for period 25? (Round your answer to two decimal places.)

$___?_____ billion

In: Statistics and Probability

An agent for a real estate company wanted to predict the monthly rent for apartments based...

An agent for a real estate company wanted to predict the monthly rent for apartments based on the size of the apartment. The data for a sample of 25 apartments is available below. Perform a t test for the slope to determine if a significant linear relationship between the size and the rent exists. a. At the 0.05 level of​ significance, is there evidence of a linear relationship between the size of the apartment and the monthly​ rent? b. Construct a​ 95% confidence interval estimate of the population​ slope, beta1.

Size_(sq._ft)   Rent_($)
850   1925
1460   2600
1075   2200
1222   2475
708   1925
1495   2675
1146   2650
726   1925
710   1875
966   2125
1100   2375
1285   2650
1995   3325
1369   2775
1185   2400
1235   2425
1255   2075
1249   2725
1140   2175
896   2125
1351   2600
1050   2650
765   2175
1010   1800
1200   2750

a. Determine hypothesis

b. t stat = ?

c. p value =

d. reach a decision to reject or not and with sufficient or insufficient evidence

e. Develop 95% confidence interval

In: Statistics and Probability

6. ​Recently, fixed mortgage rates have been at historical lows due to the housing slowdown. The...

6. ​Recently, fixed mortgage rates have been at historical lows due to the housing slowdown. The data table linked below shows the​ 30-year fixed average mortgage rate for the month of December every year between 1987 and 2010.

Year   Rate_(%)
1987   11.09
1988   11.04
1989   10.17
1990   9.93
1991   8.57
1992   8.3
1993   7.25
1994   9.04
1995   7.21
1996   7.06
1997   7.07
1998   6.84
1999   7.65
2000   7.74
2001   7.07
2002   6.84
2003   6.94
2004   6.79
2005   7.02
2006   6.82
2007   6.63
2008   5.88
2009   5.64
2010   5.4

b. Forecast the average December mortgage rate in 2011 using a trend projection ​(Round to two decimal places as​ needed.)

c. Calculate the MAD for this forecast. ​(Round to two decimal places as​ needed.)

d. Determine the Durbin–Watson statistic (Round to two decimal places as​ needed.)

e. Identify the critical values. ​(Round to two decimal places as​ needed.)

In: Statistics and Probability

1. Imagine you inherited $50,000 and you want to invest it to meet two financial goals:...

1. Imagine you inherited $50,000 and you want to invest it to meet two financial goals: (a) to save for your wedding, which you plan to have in two years, and (b) to save for your retirement a few decades from now. How would you invest the money? Explain your answer.

2. If you were considering investing in the bond market, how could information provided by Standard Y Poor’s and Moody’s Investor’s Service help you?

3. You invest 6,000 dollars in 1995 in a 401K account. In 2012, the 401K is worth 400,000 dollars. This is an example of the law of compounding. Explain how compounding works and why it's important to start investing when you're young.

4. Why do companies like callable bonds? Why do investors generally dislike them?

5. If you were thinking about investing in the securities market, would you prefer individual stocks, bonds, mutual funds, or ETFs? Explain your choice by comparing the advantages and disadvantages of each.

In: Finance

6. ​Recently, fixed mortgage rates have been at historical lows due to the housing slowdown. The...

6. ​Recently, fixed mortgage rates have been at historical lows due to the housing slowdown. The data table linked below shows the​30-year fixed average mortgage rate for the month of December every year between 1987 and 2010.

Year   Rate_(%)
1987   11.09
1988   11.04
1989   10.17
1990   9.93
1991   8.57
1992   8.3
1993   7.25
1994   9.04
1995   7.21
1996   7.06
1997   7.07
1998   6.84
1999   7.65
2000   7.74
2001   7.07
2002   6.84
2003   6.94
2004   6.79
2005   7.02
2006   6.82
2007   6.63
2008   5.88
2009   5.64
2010   5.4

b. Forecast the average December mortgage rate in 2011 using a trend projection ​(Round to two decimal places as​ needed.)

c. Calculate the MAD for this forecast. ​(Round to two decimal places as​ needed.)

d. Determine the Durbin–Watson statistic (Round to two decimal places as​ needed.)

e. Identify the critical values. ​(Round to two decimal places as​ needed.)

In: Statistics and Probability

Consider the following Data: Year Tea (L per person) Coffee (L per person) 1994 42.4 95.85...

Consider the following Data:

Year

Tea
(L per person)

Coffee
(L per person)

1994

42.4

95.85

1995

42.12

97.28

1996

47.61

87.62

1997

60.86

92.04

1998

55.58

99.21

1999

50.61

95.63

2000

49.89

97.42

2001

56.77

93.93

2002

62.53

95.67

2003

68.31

99.25

2004

69.88

101.31

2005

72.99

101.68

2006

71.36

104.02

2007

90.78

106.09

2008

74.7

105.8

2009

67.15

102.15

2010

67.03

101.15

2011

87.83

104.05

2012

93.4

102.7

2013

78.9

105.28

2014

111.32

106.3

2015

98.39

104.96

2016

105.25

103.57

  1. Calculate measures of central tendency and spread for coffee and tea.
  2. Create Histograms and Box-Plots for both coffee and tea, displaying the number of years in each interval of consumption in L/person.
  3. Create scatter plots for Coffee vs. Year and Tea vs. Year and Coffee vs. Tea.  
  4. Create and record the lines of best fit for each and the correlation coefficient.

In: Statistics and Probability

Automotive: The following table presents a portion of the annual returns for Fidelity's Select Automotive Fund...

Automotive: The following table presents a portion of the annual returns for Fidelity's Select Automotive Fund (in percent). This mutual fund invests primarily in companies engaged in the manufacturing, marketing, or the sales of automobiles, trucks, specialty vehicles, parts, tires, and related services.

Year Automotive Fund
1987 6.54
1988 20.06
1989 4.1
1990 -6.72
1991 37.33
1992 41.61
1993 35.38
1994 -12.75
1995 13.43
1996 16.07
1997 16.78
1998 4.94
1999 -13.47
2000 -7.24
2001 22.82
2002 -6.48
2003 43.53
2004 7.11
2005 -1.75
2006 13.33
2007 0.01
2008 -61.2
2009 122.28
2010 46.18
2011 -26.16
2012 26.17
2013 46.67

1.State the null and the alternative hypothesis in order to test whether the standard deviation is greater than 35%.

2.What assumption regarding the population is necessary to implement this step?

3. Calculate the value of the test statistics.

4. Find the p-value.

5.At a=0.05, what is your conclusion?

In: Statistics and Probability

Calculate the following for each of the years listed A. Debt/ Equity ratio B. Debt/asset ratio...

Calculate the following for each of the years listed

A. Debt/ Equity ratio

B. Debt/asset ratio

C.Profit Margin (as a %)

D. Gross Margin (as a %)

E. Calculate the change in profit margin over each year

Exhibit 1: Iggy’s Financial Statements, 1994-1999

1994

1995

1996

1997

1998

1999

Income Statement Data

Net revenue

1,000,000

2,500,000

3,000,000

4,000,000

4,500,000

6,000,000

Cost of goods sold

Labor Other

570,000

220,000

350,000

1,700,000

900,000

800,000

1,920,000

1,080,000

840,000

2,520,000

1,480,000

1,040,000

3,195,000

1,890,000

1,305,000

4,000,000

2,340,000

1,740,000

Gross margin

430,000

800,000

1,080,000

1,480,000

1,305,000

2,000,000

Profit after taxes (PAT)

190,000

375,000

480,000

150,000

25,000

140,000

Balance Sheet Data

Current Assets

N/A

200,000

250,000

500,000

500,000

700,000

Net PP&E

N/A

350,000

300,000

300,000

3,000,000

3,000,000

Total Assets

N/A

550,000

500,000

850,000

3,000,000

3,700,000

Long term debt

0

10,000

15,000

20,000

1,500,000

2,000,000

In: Finance

HI please answer all parts of my question. Thank you so much! I will rate you!...

HI please answer all parts of my question. Thank you so much! I will rate you!

Why do we call cardiac muscle to be a syncytium of many individual muscle cells? What is the name of membranes that connect longitudinally adjacent muscle cells?

As you know the mechanism of organophosphates involves irreversible inhibitors of AChE. Organophosphates have been used in several murders (VX used to kill the half-brother of North Korean dictator Kim Jong Un; Sarin gas used to kill 12 people on the Tokyo subway by the Japanese cult Aum Shinrikyo in 1995).The death of a victim is associated with difficulty of breathing and irregular heart rate. Please discuss the physiological mechanisms of organophosphates action on the lungs and on the heart.

An overweight 75 year old male with a history of coronary artery disease and shortness of breath on exertion celebrates his granddaughter’s wedding. He goes for several fast dances with the bride, after which he collapses on the floor, turns blue, and dies within minutes. What is the reason for his death?

In: Anatomy and Physiology

In 1990, the town of Ham Harbor had a more-or-less free market in taxi services. Any...

In 1990, the town of Ham Harbor had a more-or-less free market in taxi services. Any respectable firm could provide taxi service as long as the drivers and cabs satisfied certain safety standards. Let us suppose that the constant marginal cost per trip of a taxi ride is $5, and that the average taxi has a capacity of 20 trips per day. Let the demand function for taxi rides be given by D(P)1200 − 20P where demand is measured in rides per day, and price is measured in dollars. Assume that the industry is perfectly competitive. • What is the competitive equilibrium price per ride? What is the equilibrium number of rides per day? How many taxicabs will there be in equilibrium? • In 1995 costs had not changed, but the demand curve for taxicab rides had become D(P) = 1220 − 20P. If the taxi operated every day, what was the profit per taxicab license per year? • If the interest rate was 10% and costs, demand, and the number of licenses were expected to remain constant forever, what would be the market price of a taxicab license?

In: Economics