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.)
$___?_____ billion
In: Statistics and Probability
An agent for a real estate company wanted to predict the monthly rent for apartments based on the size of the apartment. The data for a sample of 25 apartments is available below. Perform a t test for the slope to determine if a significant linear relationship between the size and the rent exists. a. At the 0.05 level of significance, is there evidence of a linear relationship between the size of the apartment and the monthly rent? b. Construct a 95% confidence interval estimate of the population slope, beta1.
Size_(sq._ft) Rent_($)
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 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: (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 data table linked below shows the30-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 |
Coffee |
|---|---|---|
|
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 |
In: Statistics and Probability
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
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!
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 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