Despite the growth in digital entertainment, the nation’s 400 amusement parks have managed to hold on to visitors. A manager collects data on the number of visitors (in millions) to amusement parks in the United States. A portion of the data is shown in the accompanying table.
| Year | Visitors |
| 2000 | 329 |
| 2001 | 319 |
| ⋮ | ⋮ |
| 2007 | 333 |
SOURCE: International Association of Amusement Parks and
Attractions.
Click here for the Excel Data File
| Year | Visitors |
| 2000 | 329 |
| 2001 | 319 |
| 2002 | 308 |
| 2003 | 302 |
| 2004 | 308 |
| 2005 | 319 |
| 2006 | 357 |
| 2007 | 333 |
a. Estimate the linear trend model to make forecasts for 2008. (Round your answers to 2 decimal places.)
yˆ =
b. Estimate the exponential trend model to make
forecasts for 2008. (Round your answers to 2 decimal
places.)
yˆ =
In: Statistics and Probability
Consider the following realized annual returns:
|
Year End |
Market Realized Return |
Stock B Realized Return |
|
2000 |
21.2% |
88.3% |
|
2001 |
30.3% |
56.4% |
|
2002 |
22.3% |
114.6% |
|
2003 |
25.3% |
68.4% |
|
2004 |
-11.0% |
-62.8% |
|
2005 |
-11.3% |
52.7% |
|
2006 |
-20.8% |
-22.0% |
|
2007 |
33.1% |
6.9% |
|
2008 |
13.0% |
9.2% |
|
2009 |
7.3% |
-0.9% |
Q1 : Suppose that you want to use the 10 year historical average return on the Market to forecast the expected future return on the Market. Calculate the 95% confidence interval for your estimate of the expect return. Q2 : Using the data provided in the table, calculate the average annual return, the variance of the annual returns, and the standard deviation of the average returns for Stock B from 2000 to 2009.
In: Finance
|
Year |
Pi(cm) |
Year |
Pi(cm) |
|
1999 |
44.2 |
2010 |
39.2 |
|
2000 |
47.6 |
2011 |
38.3 |
|
2001 |
38.5 |
2012 |
46.1 |
|
2003 |
35.8 |
2013 |
33.1 |
|
2004 |
40.2 |
2014 |
35.0 |
|
2005 |
41.2 |
2015 |
39.3 |
|
2006 |
39.8 |
2016 |
42.0 |
|
2007 |
39.7 |
2017 |
41.7 |
|
2008 |
40.5 |
2018 |
37.7 |
|
2009 |
42.5 |
2019 |
36.6 |
Please clarify each step of the solution.
In: Civil Engineering
|
Year |
Pi(cm) |
Year |
Pi(cm) |
|
1999 |
44.2 |
2010 |
39.2 |
|
2000 |
47.6 |
2011 |
38.3 |
|
2001 |
38.5 |
2012 |
46.1 |
|
2003 |
35.8 |
2013 |
33.1 |
|
2004 |
40.2 |
2014 |
35.0 |
|
2005 |
41.2 |
2015 |
39.3 |
|
2006 |
39.8 |
2016 |
42.0 |
|
2007 |
39.7 |
2017 |
41.7 |
|
2008 |
40.5 |
2018 |
37.7 |
|
2009 |
42.5 |
2019 |
36.6 |
Please clarify each step of the solution.
In: Civil Engineering
The following table provides the project annual budget, total number of projects, and total number of people working on the projects for City of Killingcovid annually:
|
Year |
Annual Budget (in millions) |
Number of Projects |
Number of People Working on the Projects |
|
1997 |
9.93 |
2 |
6 |
|
1998 |
7.34 |
8 |
47 |
|
1999 |
6.82 |
4 |
134 |
|
2000 |
7 |
2 |
291 |
|
2001 |
7.31 |
7 |
279 |
|
2002 |
7.86 |
6 |
82 |
|
2003 |
8.44 |
4 |
65 |
|
2004 |
7.61 |
5 |
34 |
|
2005 |
7.8 |
1 |
14 |
|
2006 |
8.6 |
4 |
249 |
|
2007 |
8.25 |
2 |
174 |
|
2008 |
8.7 |
3 |
346 |
|
2009 |
10.89 |
2 |
3 |
|
2010 |
10.53 |
1 |
8 |
|
2011 |
11.77 |
2 |
13 |
|
2012 |
11.44 |
4 |
24 |
|
2013 |
10.95 |
6 |
534 |
|
2014 |
11.12 |
2 |
6 |
|
2015 |
10.73 |
2 |
28 |
|
2016 |
11.39 |
1 |
18 |
|
2017 |
11.3 |
3 |
25 |
|
2018 |
11.27 |
2 |
54 |
For A to F, use the data between Yr 2006 and Yr 2015 to calculate the following:
A. The mean of the
Number of People Working on the Project.
B. The median of the Budget.
C. The range of Budget.
D. The variance (3 significant figures) of Number of
Projects.
E. The standard deviation (nearest integer) of Number of People
Working on the Project.
F. The 20% trimmed mean of Number of Projects.
G. Draw a dot plot
comparing the Number of People Working on the Project from Yr 1997
to Yr 2006 and those from Yr 2009 to Yr 2018.
H. Using the data for Annual Budget from Yr 2001 to Yr 2017, draw a double stem leaf plot, then calculate the relative frequency.
In: Economics
1. Generally, the _______ the uncertainty about an asset's future benefits, the _______ the discount rate investors will apply when discounting those benefits to the present.
a. greater; lower
b. smaller; higher
c. greater; more uncertain will be
d. greater; higher
2. When valuing asset adjustments for risk are made by adjusting:
a. the asset's required return
b. the asset's expected cash flows
c. the number of time periods
d. the asset's terminal value
3. The internal rate of return (IRR) on a project:
a. is the compound annual return on the project, given its up-front costs and subsequent cash
flows
b. is the discount rate that causes the NPV of the project to equal initial outlay
c. is analogous to a bond's yield to maturity (YTM)
d. all of the above
4. The primary goal of a publicly-owned corporation should be to:
a. maximize total corporate revenue
b. maximize shareholder wealth
c. minimize the chance of losses
d. maximize earnings per share
5. On December 31, 2005, XYZ had a stock price of $50. Calculate the return for XYZ Corp. over th
previous year if the stock paid a dividend of $3 today (December 31, 2006), and the current stock
$58.
a. 22.00%
b. 18.04%
c. 21.78%
d. 19.58%
6. _______ activities allow corporations to raise capital by selling stock to investors.
a. NYSE
b. Secondary market
c. Primary market
d. Money market
In: Operations Management
Alternative-Fueled Vehicles The table shows the numbers (in thousands) of alternative-fueled
vehicles A in use in the United States from 1995 to 2011. (Source: U.S. Energy Information Administration)
|
Year |
Number of vehicles, A |
|
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 |
246.9 265.0 280.2 295.0 322.3 394.7 425.5 471.1 534.0 565.5 592.1 634.6 695.8 775.7 826.3 938.6 1191.8 |
(a) Use a graphing utility to plot the data. Let t represent the year, with t = 5 corresponding to 1995. (b) A model for the data is
4615.36t − 8726.7
1 + 15.01t − 0.542t2, 5 ≤ t ≤ 21
where t = 5 corresponds to 1995. Use the model to estimate the numbers of alternative-fueled vehicles in 1996, 2006, and 2011. How do your answers compare to the original data?
(f ) Use the model to predict the numbers of alternative-fueled vehicles in 2016 and 2017
* Need help to understand F . Should I be using a particular formula
In: Advanced Math
Identify a publicly traded company, and explain three ways that this company might use managerial accounting information. Do not select a company on which one of your classmates has already posted. Participate in discussion by suggesting additional ways that companies could use managerial accounting information.
A MINIMUM OF 150 WORDS PLEASE.
In: Accounting
The issues surrounding the levels and structure of executive compensation have gained added prominence in the wake of the financial crisis that erupted in the fall of 2008. Based on the 2006 compensation data obtained from the Securities and Exchange Commission (SEC) website, it was determined that the mean and the standard error of compensation for the 582 highest paid CEOs in publicly traded U.S. companies are $12.01 million and $11.38 million, respectively. An analyst randomly chooses 31 CEO compensations for 2006 a. Is it necessary to apply the finite population correction factor? b. Is the sampling distribution of the sample mean approximately normally distributed? c. Calculate the expected value and the standard error of the sample mean. d. What is the probability that the sample mean is more than $17 million?
a. Is it necessary to apply the finite population correction factor?
b. Is the sampling distribution of the sample mean approximately normally distributed?
c. Calculate the expected value and the standard error of the sample mean.
d. What is the probability that the sample mean is more than $17 million?
In: Statistics and Probability
Research Sarbanes-Oxley. How has it changed the responsibility of people involved in companies whose stock is publicly traded? Can accounting firms still audit and accept consulting fees? How about directors and company officers—are their duties different now?
In: Finance