Questions
I flip a coin 20 times and record the results as follows: T T H H...

I flip a coin 20 times and record the results as follows: T T H H H T H H T T H H H T T T T T T H. Use the runs test for randomness at a significance level of 0.05 to test this sequence of coin flips for randomness.

In: Statistics and Probability

The consequences of climate change on the economy is a popular topic in the media. Suppose...

The consequences of climate change on the economy is a popular topic in the media. Suppose that a series of wildfires destroys crops in the western states at the same time a hurricane destroys refineries on the Gulf Coast. a) Using aggregate demand and supply analysis, explain how output and the inflation rate would be affected in the short and long runs. b) Show your answer graphically.

In: Economics

Tina runs a timber business that harvests mature pine trees and saws them into utility poles....

Tina runs a timber business that harvests mature pine trees and saws them into utility poles. In a few sentences, describe the difference between how Tina's business will contribute to the traditional measure of GDP and how it would contribute to a measure of Green GDP. Include a statement on which measure makes her company's contribution to GDP larger.

In: Economics

Jack and Jill, married couple, have taxable income of $395,000. Jack owns 100% of a S...

Jack and Jill, married couple, have taxable income of $395,000. Jack owns 100% of a S Corporation, which runs a successful burger restaurant. The S Corp has the following activity.  How much is the IRC 199A deduction:

  • Ordinary Income of $500,000
  • W-2 Wages paid of $120,000
  • Original cost of qualified property of $400,000

In: Accounting

During a pandemic, private sector financial behaviour becomes more risk-averse would like to move into surplus....

During a pandemic, private sector financial behaviour becomes more risk-averse would like to move into surplus. Suppose that the foreign sector also runs a surplus. What does this imply for the government financial balance? Under what circumstances is it possible for a country to run a government surplus and a domestic private sector surplus at the same time?

In: Economics

During a pandemic, private sector financial behaviour becomes more risk-averse would like to move into surplus....

During a pandemic, private sector financial behaviour becomes more risk-averse would like to move into surplus. Suppose that the foreign sector also runs a surplus. What does this imply for the government financial balance? Under what circumstances is it possible for a country to run a government surplus and a domestic private sector surplus at the same time?

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In: Finance

‏1. The impeller in a centrifugal pump has inner diameter as 125 mm and outer diameter...

‏1. The impeller in a centrifugal pump has inner diameter as 125 mm and outer diameter as 270 mm. The pump runs at 1400 rpm. The vane angles of impeller at inlet and outlet are 17° and 30° respectively. The water enters the impeller radially and velocity of flow is constant. Determine the work done by impeller per unit weight of water.



In: Mechanical Engineering

Write a shell script of the following: “A Multiple Choice Question that contains 5 questions and...

Write a shell script of the following: “A Multiple Choice Question that contains 5 questions and each question carries 2 options. Choice will be given by the students. A record file is created each time the script runs to store the answers along with the total marks obtained. The record filename that has date and timing information as well as the student name.

In: Computer Science

Below is an example of a classic prisoners’ dilemma game. In Westeros (see Game of Thrones)...

  1. Below is an example of a classic prisoners’ dilemma game.

In Westeros (see Game of Thrones) the dead are coming with winter. Which outcome has the best overall consequences and the best chance of surviving for Cersei and Daenerys?

Cersei fights (cooperates)

Cersei runs (defects)

Daenerys fights (cooperates)

Each has 70% chance of surviving and 30% chance of being slaughtered

Cersei has 10% chance of being slaughtered, 90% chance of escaping
Daenerys is completely screwed and has 95% chance of being slaughtered, only 5% chance of surviving

Daenerys runs (defects)

Daenerys has 10% chance of being slaughtered, 90% chance of escaping
Cersei is completely screwed (and deserves it because she is evil) and has 95% chance of being slaughtered, only 5% chance of surviving

Each has 20% chance of surviving and 80% chance of being slaughtered

What is the best option for each queen thinking only of themselves?

What is the outcome for all participants if each queen pursues her best option?

In: Economics

Paul's Medical Equipment Company manufactures hospital beds. Its most popular model, Deluxe, sells for $5,000. It...

Paul's Medical Equipment Company manufactures hospital beds. Its most popular model, Deluxe, sells for $5,000. It has variable costs totaling $2,800 and fixed costs of $1,000 per unit, based on an average production run of 5,000 units. It normally has four production runs a year, with $500,000 in setup costs each time. Plant capacity can handle up to six runs a year for a total of 30,000 beds. A competitor is introducing a new hospital bed similar to Deluxe that will sell for $4,000. Management believes it must lower the price to compete. Marketing believes that the new price will increase sales by 25% a year. The plant manager thinks that production can increase by 25% with the same level of fixed costs. The company sells all the Deluxe beds it can produce. Question 1: What is the annual operating income from Deluxe at the price of $5,000? Question 2: What is the annual operating income from Deluxe if the price is reduced to $4,000 and sales in units increase by 25%?

In: Accounting