Questions
PLEASE ANSWER ALL QUESTIONS! 1. A manager is reviewing the number of time share tours given...

PLEASE ANSWER ALL QUESTIONS!

1. A manager is reviewing the number of time share tours given by employees at a sales office. She knows the standard deviation of the number of tours given is 10.5. A sample of 64 sales associates finds an average of 49.29 tours given per month. What is the standard error?

Select one:

a. 0.16

b. 1.31

c. 19.75

d. 6.16

e. 1.50

2. You are designing a study to find the average number of hotel rooms booked during bike week. If the standard deviation is estimated to be 15.8, how many samples must be taken to get an answer within 0.9 hotel rooms with 80% confidence?

Select one:

a. 503

b. 504

c. 505

d. 506

e. 507

In: Statistics and Probability

According to national data, 20.7% of burglaries are cleared with arrests. A new detective is assigned...

According to national data, 20.7% of burglaries are cleared with arrests. A new detective is assigned to six different burglaries. What is the probability that at least one of them is cleared with an arrest?

Consider 4 species of plants in Point of Rocks Park where there are 160 White Pines, 80 Hackberries, 300 Pin Oaks, and 60 Tulip Poplars. What is the probability, and explain how you go about finding the probability, of randomly picking a Pin Oak out of this park.

The probability is . To get the probability, divide  by .

Dr. Baum is analyzing the distribution of two genus of trees, Acer and Quercus.  In the forest you are currently studying with her, there are 11 species in the genus Acer, while there are 87 species of the genus Quercus. How many possible combinations, consisting of one member from each genus, are possible?

In: Statistics and Probability

. You are working on a bid to build two city parks a year for the...

. You are working on a bid to build two city parks a year for the next three years. This project requires the purchase of $180,000 of equipment that will be depreciated using straight-line depreciation to a zero book value over the 3-year project life. The equipment can be sold at the end of the project for $34,000. You will also need $20,000 in net working capital for the duration of the project. The fixed costs will be $16,000 a year and the variable costs will be $168,000 per park. Your required rate of return is 15 percent and your tax rate is 34 percent. What is the minimal amount you should bid per park?

A. $72,500
B. $128,600
C. $154,300
D. $189,100
E. $217,600

Please give detailed explanation about how to get each value

In: Finance

What are the different white-collar crimes? Representatives of hotels, restaurants, hotel and restaurant supply companies, and...

What are the different white-collar crimes? Representatives of hotels, restaurants, hotel and restaurant supply companies, and other businesses located in Portland, Oregon, organized an association to attract conventions to their city. Members were asked to make contributions equal to 1 percent of their sales to finance the association. To aid collections, hotel members, including Hilton Hotels Corporation, agreed to give preferential treatment to suppliers who paid their assessments and to curtail purchases from those who did not. This agreement violated federal antitrust laws. The United States sued the members of the association, including Hilton Hotels, for the crime of violating federal antitrust laws. Can a corporation be held criminally liable for the acts of its representatives? If so, what criminal penalties can be assessed against the corporation?

In: Economics

A study of the career paths of hotel general managers sent questionnaires to an SRS of...

A study of the career paths of hotel general managers sent questionnaires to an SRS of 250 hotels belonging to major U.S. hotel chains. There were 127 responses. The average time these 127 general managers had spent with their current company was 8.92 years. (Take it as known that the standard deviation of time with the company for all general managers is 2.8 years.)

(a) Find the margin of error for a 90% confidence interval to estimate the mean time a general manager had spent with their current company: years

(b) Find the margin of error for a 99% confidence interval to estimate the mean time a general manager had spent with their current company: years

(c) In general, increasing the confidence level the margin of error (width) of the confidence interval. (Enter: ''DECREASES'', ''DOES NOT CHANGE'' or ''INCREASES'', without the quotes.)

In: Math

A study of the career paths of hotel general managers sent questionnaires to an SRS of...

A study of the career paths of hotel general managers sent questionnaires to an SRS of 240 hotels belonging to major U.S. hotel chains. There were 133 responses. The average time these 133 general managers had spent with their current company was 12.37 years. (Take it as known that the standard deviation of time with the company for all general managers is 1.5 years.) (a) Find the margin of error for a 90% confidence interval to estimate the mean time a general manager had spent with their current company: years (b) Find the margin of error for a 99% confidence interval to estimate the mean time a general manager had spent with their current company: years (c) In general, increasing the confidence level the margin of error (width) of the confidence interval. (Enter: ''DECREASES'', ''DOES NOT CHANGE'' or ''INCREASES'', without the quotes.)

In: Math

A biologist must make a medium to grow a type of bacteria. The percentage of salt...

A biologist must make a medium to grow a type of bacteria. The percentage of salt in the medium is given by S=0.01x2y2zS=0.01x2y2z , where SS is the percentage expressed as a decimal. And where xx, yy, and zz are the amounts in liters of 3 different nutrients mixed together to create the medium. The ideal salt percentage for this type of bacteria is 34.7%. The costs of the xx, yy, and zz nutrient solutions are respectively 10 , 4, and 10 dollars per liter. Determine the minimum cost that can be achieved.

(Round your answers to the nearest 4 decimal places.)

In: Advanced Math

Scott Walker Company reported the following data for the past​ year: Net sales $ 470,000 Purchases...

Scott Walker Company reported the following data for the past​ year: Net sales $ 470,000 Purchases $ 220,000 Beginning Inventory $ 110,000 Ending Inventory $ 170,000 Cost of Goods Sold $ 290,000 Industry Averages available​ are: Inventory Turnover 5.00 Gross Profit Percentage ​50% How do the inventory turnover and gross profit percentage for Scott Walker Company compare to the industry averages for the same​ ratios? (Round inventory turnover to two decimal places. Round gross profit percentage to the nearest​ percent.)

In: Accounting

Greenwood Company manufactures two products—14,000 units of Product Y and 6,000 units of Product Z. The...

Greenwood Company manufactures two products—14,000 units of Product Y and 6,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z:

  

Activity Cost Pool Activity Measure Estimated Overhead Cost Expected Activity
  Machining Machine-hours $ 192,000    10,000 MHs
  Machine setups Number of setups $ 50,400    120 setups
  Production design Number of products $ 76,000    2 products
  General factory Direct labor-hours $ 387,200    16,000 DLHs
Activity Measure Product Y Product Z
  Machining 6,200 3,800
  Number of setups 50 70
  Number of products 1 1
  Direct labor-hours 7,200 8,800  

Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? (Round your intermediate calculations to 2 decimal places and final answer to the nearest dollar amount.)

Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? (Round your intermediate calculations to 2 decimal places and final answer to the nearest dollar amount.)

Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z? (Round your answers to 2 decimal places.)

Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z? (Round your answers to 2 decimal places.)

Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z? (Round your answers to 2 decimal places.)

Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z? (Round your answers to 2 decimal places.)

Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z? (Round your answers to 2 decimal places.)

In: Accounting

Greenwood Company manufactures two products—13,000 units of Product Y and 5,000 units of Product Z. The...

Greenwood Company manufactures two products—13,000 units of Product Y and 5,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z: Activity Cost Pool Activity Measure Estimated Overhead Cost Expected Activity Machining Machine-hours $ 231,600 12,000 MHs Machine setups Number of setups $ 55,900 130 setups Production design Number of products $ 77,000 2 products General factory Direct labor-hours $ 364,500 15,000 DLHs Activity Measure Product Y Product Z Machining 6,300 5,700 Number of setups 40 90 Number of products 1 1 Direct labor-hours 7,300 7,700

9.

Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? (Round your intermediate calculations to 2 decimal places and final answer to the nearest dollar amount.)

10.

Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? (Round your intermediate calculations to 2 decimal places and final answer to the nearest dollar amount.)

11. Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z? (Round your answers to 2 decimal places.)

12. Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z? (Round your answers to 2 decimal places.)

13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z? (Round your answers to 2 decimal places.)

14.

Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z? (Round your answers to 2 decimal places.)

15.

Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z? (Round your answers to 2 decimal places.)

In: Accounting