Questions
1. The health of the bear population in Yellowstone National Park is monitored by periodic measurements...

1. The health of the bear population in Yellowstone National Park is monitored by periodic measurements taken from anesthetized bears. A sample of n = 54 bears has a mean weight of ¯x = 182.9 lb and standard deviation of s = 121.8 lb. 86

(a) Calculate and interpret a 95% confidence interval estimate of the population mean µ bear weight.

(b) Find the length of the confidence interval constructed in part (a).

2. Hemoglobin levels in 11-year-old boys are normally distributed with unknown mean µ and standard deviation = 1.2 g/dL.

(a) Determine the sample size n needed to estimate population mean hemoglobin level with 95% confidence so that the margin of error E = 0.5 g/dL?

(b) Determine the sample size n needed to estimate population mean hemoglobin level with margin of error E = 0.5 g/dL with 99% confidence?

3.  A hospital administrator wished to estimate the average number of days µ
required for treatment of patients between the ages of 25 and 34. A random
sample of n = 35 hospital patients between these ages produced a sample mean
x¯ = 5.4 days and sample standard deviation s = 3.1 days.
(a) Calculate and interpret a 95% confidence interval for the mean length of stay µ for the population of patients from which the sample was drawn.
(b) Determine the length of the interval from part (a).
(c) Calculate and interpret a 99% confidence interval for the mean length of stay µ for the population of patients from which the sample was drawn.
(d) Determine the length of the interval from part (c).
(e) Why is the interval obtained in part (c) wider than that obtained in part (a)?

In: Statistics and Probability

Buckeye Creek Amusement Park is open from the beginning of May to the end of October....

Buckeye Creek Amusement Park is open from the beginning of May to the end of October. Buckeye Creek relies heavily on the sale of season passes. The sale of season passes brings in significant revenue prior to the park opening each season, and season pass holders con- tribute a substantial portion of the food, beverage, and novelty sales in the park. Greg Ross, director of marketing at Buckeye Creek, has been asked to develop a targeted marketing campaign to increase season pass sales. Greg has data for last season that show the number of season pass holders for each zip code within 50 miles of Buckeye Creek. he has also obtained the total population of each zip code from the U.S. Census bureau website. Greg thinks it may be possible to use regression analysis to predict the number of season pass holders in a zip code given the total population of a zip code. If this is possible, he could then conduct a direct mail campaign that would target zip codes that have fewer than the expected number of season pass holders. *I only need help with #5,6,7 thank you

Managerial Report

1. Compute descriptive statistics and construct a scatter diagram for the data. Discuss your findings.

2. Using simple linear regression, develop an estimated regression equation that could be used to predict the number of season pass holders in a zip code given the total population of the zip code.

3. Test for a significant relationship at the .05 level of significance.

4. Did the estimated regression equation provide a good fit?

5. Use residual analysis to determine whether the assumed regression model is appropriate.

6. Discuss if/how the estimated regression equation should be used to guide the marketing campaign.

7. What other data might be useful to predict the number of season pass holders in a zip code?

ZIP Code Population Season Pass Holders
45220 14171 224
45219 17576 42
45225 13437 15
45217 5731 78
45214 9952 19
45232 6913 28
45223 13349 83
45229 15713 75
45206 11353 69
45202 15105 83
45203 3411 9
45207 8233 8
41074 5566 36
41073 6193 63
45224 21043 207
41071 21596 133
45205 21683 102
45204 6642 36
41016 5603 42
45216 9028 55
45212 22356 207
41011 25849 193
41014 7913 41
45237 21137 86
45208 18236 424
45211 33968 342
45239 26485 269
41075 15868 236
45209 8941 111
45226 5029 84
45238 42737 564
45231 39939 361
45213 11683 153
45215 28915 308
45218 3917 54
41017 40218 493
41076 14779 176
45251 22887 205
45227 18431 215
45247 20372 357
41015 22298 189
45248 22880 380
45236 21823 310
45240 27033 142
45246 13522 100
45230 25763 423
45233 14175 244
45252 4799 58
41018 29001 244
45243 14755 303
45241 25623 299
45014 44178 307
45242 20015 377
45244 26316 448
41059 2266 22
41048 12597 214
41051 18730 323
45255 22552 307
45174 2072 52
41042 50429 440
45002 13298 184
45015 12504 47
45069 46264 561
45052 3770 52
45249 13432 154
41001 16982 164
41005 20892 209
45011 62303 496
45245 17701 189
41091 17372 226
45013 51730 286
45150 31179 316
41094 9748 106
45030 16386 192
45140 52874 657
41063 3662 19
45040 51183 549
45102 22009 217
45039 21398 278
41007 3215 26
45053 3441 25
45157 10312 72
45050 6988 80
41080 2114 11
45067 12507 62
45034 1227 11
45103 29874 267
47025 21986 154
45044 49621 322
41030 7280 35
41092 3198 18
45065 5194 35
41033 1712 11
47060 6910 38
41006 4835 19
45122 12550 59
45042 28821 91
45056 28811 88
45036 36066 225
45064 2376 9
47040 5242 10
45153 2132 10
45152 9686 101
47022 2740 17
47001 10370 36
45162 2900 11
45005 31944 93
41035 9671 54
45106 12675 61
45176 8485 47
45311 7381 10
41043 2968 7
45327 7961 13
41040 7249 14
45066 23119 129
41097 6854 22
45054 1730 12
41095 4218 11
45120 3774 20
45342 31929 55
47032 3628 10
45107 9608 40
47012 10579 23
45130 4202 17
45118 4239 23
41086 1602 5
47018 4435 12
45458 26281 75
45449 19237 15
45068 11293 28
47041 5544 18
45113 4118 16
45154 8093 41
45320 15282 8
45459 26744 39
47031 5179 12
41004 4311 9
41003 2397 5
41010 3321 5
41002 2104 6
45429 25537 39
45305 11159 16
45409 13554 9
45419 15782 33
45121 8919 26
45440 19463 25
45420 24393 20
45410 17025 7
45430 7137 7
45403 16794 8
45142 4973 10

In: Statistics and Probability

An amusement park studied methods for decreasing the waiting time (minutes) for rides by loading and...

An amusement park studied methods for decreasing the waiting time (minutes) for rides by loading and unloading riders more efficiently. Two alternative loading/unloading methods have been proposed. To account for potential differences due to the type of ride and the possible interaction between the method of loading and unloading and the type of ride, a factorial experiment was designed. Use the following data to test for any significant effect due to the loading and unloading method, the type of ride, and interaction. Use . Factor A is method of loading and unloading; Factor B is the type of ride.

Type of Ride
Roller Coaster Screaming Demon Long Flume
Method 1 46 54 50
48 46 46
Method 2 45 54 48
47 50 44

Set up the ANOVA table (to whole number, but -value to 2 decimals and  value to 1 decimal, if necessary).

Source of Variation Sum of Squares Degrees of Freedom Mean Square -value
Factor A
Factor B
Interaction
Error
Total

The -value for Factor A is - Select your answer -less than .01between .01 and .025between .025 and .05between .05 and .10greater than .10Item 21

What is your conclusion with respect to Factor A?

- Select your answer -Factor A is significantFactor A is not significantItem 22

The -value for Factor B is - Select your answer -less than .01between .01 and .025between .025 and .05between .05 and .10greater than .10Item 23

What is your conclusion with respect to Factor B?

- Select your answer -Factor B is significantFactor B is not significantItem 24

The -value for the interaction of factors A and B is - Select your answer -less than .01between .01 and .025between .025 and .05between .05 and .10greater than .10Item 25

What is your conclusion with respect to the interaction of Factors A and B?

- Select your answer -The interaction of factors A and B is significantThe interaction of factors A and B is not significantItem 26

What is your recommendation to the amusement park?

- Select your answer -Use method 1; it has a lower sample mean waiting time and is the best methodWithhold judgment; take a larger sample before making a final decisionSince method is not a significant factor, use either loading and unloading methodItem 27


In: Statistics and Probability

Suppose a carnival director in a certain city imposes a height limit on an amusement park...

Suppose a carnival director in a certain city imposes a height limit on an amusement park ride called Terror Mountain, due to safety concerns. Patrons must be at least 4 feet tall to ride Terror Mountain. Suppose patrons’ heights in this city follow a Normal distribution with a mean of 4.5 feet and a standard deviation of 0.8 feet (patrons are mostly children). Make sure to show all of your work in this question. Show the distribution that your random variable follows; state the probability you are asked to calculate; show any tricks you use; show how you standardize, and state your found value from Table A4.

a) [5 marks] What is the probability that a randomly selected patron would be tall enough to ride Terror Mountain?

b) [5 marks] A group of 3 friends want to ride Terror Mountain. What is the probability that their mean height is greater than 4.5 feet?

c) [7 marks] Another group of 5 friends wants to ride Terror Mountain. What is the probability that their mean height is between 4 and 4.25 feet, inclusive?

In: Statistics and Probability

An amusement park studied methods for decreasing the waiting time (minutes) for rides by loading and...

An amusement park studied methods for decreasing the waiting time (minutes) for rides by loading and unloading riders more efficiently. Two alternative loading/unloading methods have been proposed. To account for potential differences due to the type of ride and the possible interaction between the method of loading and unloading and the type of ride, a factorial experiment was designed. Use the following data to test for any significant effect due to the loading and unloading method, the type of ride, and interaction. Use . Factor A is method of loading and unloading; Factor B is the type of ride.


Type of Ride
Roller Coaster Screaming Demon Long Flume
Method 1 41 50 53
43 42 49
Method 2 48 51 50
50 47 46

Set up the ANOVA table (to whole number, but p-value to 2 decimals and F value to 1 decimal, if necessary).

Source of Variation Sum of Squares Degrees of Freedom Mean Square F p-value
Factor A
Factor B
Interaction
Error N/A
Total

In: Statistics and Probability

Jorge was at the park playing with friends. He found a typical die with 6 sides...

Jorge was at the park playing with friends. He found a typical die with 6 sides on the ground. He took it home and rolled it 100 times and recorded the results (found in the table below). He wanted to see if the die was a 'fair die' or if it was weighted on one side so somone could cheat when playing games!

Is this a 'fair die' or has it been tampered with? Test at the α=0.05 level of significance.

Which would be correct hypotheses for this test?

H0:μ1=μ2

; H1:μ1≠μ2
H0:
The die is a fair die; H1:
The die has been tampered with
H0:p1=p2
; H1:p1≠p2
H0:
The die has been tampered with; H1:

The die is a fair die

Roll count:

Rolled   Count
1   1
2   5
3   4
4   6
5   9
6   75


Test Statistic:

Give the P-value:

Which is the correct result:

Reject the Null Hypothesis
Do not Reject the Null Hypothesis

Which would be the appropriate conclusion?

There is enough evidence to suggest that the die has been tampered with.
There is not enough evidence to suggest that the die has been tampered with.

In: Statistics and Probability

Adjusted WACC. ​ Hollydale's is a clothing store in East Park. It paid an annual dividend...

Adjusted WACC. ​ Hollydale's is a clothing store in East Park. It paid an annual dividend of ​$1.20 last year to its shareholders and plans to increase the dividend annually at 3.0​%. It has 590 comma 000 shares outstanding. The shares currently sell for ​$17.37 per share. ​ Hollydale's has 11 comma 000 semiannual bonds outstanding with a coupon rate of 6​%, a maturity of 24 ​years, and a par value of ​$1 comma 000. The bonds are currently selling for ​$638.46 per bond. What is the adjusted WACC for​ Hollydale's if the corporate tax rate is 40​%?

In: Finance

A new roller coaster at an amusement park requires individuals to be at least​ 4' 8"...

A new roller coaster at an amusement park requires individuals to be at least​ 4' 8"

​(56 inches) tall to ride. It is estimated that the heights of​ 10-year-old boys are normally distributed with

mu equals μ=55.0 inches and sigma equals σ=4 inches.

a. What proportion of​ 10-year-old boys is tall enough to ride the​ coaster?

b. A smaller coaster has a height requirement of

50 inches to ride. What proportion of​ 10-year-old boys is tall enough to ride this​ coaster?

c. What proportion of​ 10-year-old boys is tall enough to ride the coaster in part b but not tall enough to ride the coaster in part​ a?

In: Math

A pair of bumper cars in an amusement park ride collide elastically as one approaches the...

A pair of bumper cars in an amusement park ride collide elastically as one approaches the other directly from the rear, as seen in part (a) of the figure below. ((a) before collision, (b) after collision) One has a mass of m1 = 462 kg and the other m2 = 546 kg, owing to differences in passenger mass. If the lighter one approaches at v1 = 4.48 m/s and the other is moving at v2 = 3.63 m/s, calculate the velocity of the lighter car after the collision.

Calculate the velocity of the heavier car after the collision.

Calculate the change in momentum of the lighter car.

Calculate the change in momentum of the heavier car.

In: Physics

(a) Have you ever visited an amusement park and taken a ride on a parachute drop...

(a) Have you ever visited an amusement park and taken a ride on a parachute drop ride? These types of rides take the passengers to a great height, and then drop them in free fall. Before they hit the ground, the ride is slowed using a Lenz’s law mechanism thus avoiding certain death. For this discussion, first locate a photo of one of these rides (either one you’ve personally experienced or one you might like to try someday), and in your initial post, upload the photo and respond to the following:

  • Explain how Lenz’s law applies to this situation.
  • Why is the Lenz’s law mechanism ideal for such a use?
  • What other mechanisms can be used to slow the descent? Compare and contrast these options with the Lenz’s law mechanism.

(b) As you have learned, an electromagnet is a magnet that is produced by electric current. Think about how electromagnets are used and what you have seen or heard of them being used for. In your initial discussion post, respond to the following:

  • Which of the principles or laws discussed in this module explain how an electromagnet works?
  • Describe in detail two modern applications of electromagnets. Do these electromagnets draw a large amount of current or a little? How do you know? What supplies that current?
  • Why do you think electromagnets are used in these different ways?
  • What is the advantage of using an electromagnet rather than a permanent magnet?

In: Physics