The accompanying data file shows the square footage and associated property taxes for 20 homes in an affluent suburb 30 miles outside of New York City. Estimate a home’s property taxes as a linear function of its square footage. At the 5% significance level, is square footage significant in explaining property taxes? Show the relevant steps of the test.
Please use Minitab and explain the various steps involved.
| Property Taxes | Square Footage |
| 21928 | 2449 |
| 17339 | 2479 |
| 18229 | 1890 |
| 15693 | 1000 |
| 43988 | 5665 |
| 33684 | 2573 |
| 15187 | 2200 |
| 16706 | 1964 |
| 18225 | 2092 |
| 16073 | 1380 |
| 15187 | 1330 |
| 36006 | 3016 |
| 31043 | 2876 |
| 42007 | 3334 |
| 14398 | 1566 |
| 38968 | 4000 |
| 25362 | 4011 |
| 22907 | 2400 |
| 16200 | 3565 |
| 29235 | 2864 |
In: Math
A client needs to fill and compact a trench that has the following dimensions 150 x 50 x 1.5 ft. The sub is going to use a dump truck that can carry 12 CY, and travels at an average speed of 40 mph. The borrow pit is located 45 miles from the construction site. The truck driver makes $50/hr and works 8 hours per day. Loading time for the truck is 30 minutes and unloading time is 5 minutes. The sub has to rent the truck at $500 per day + a driver @ $50/hour. The cost of soil $20 per BCY. The soil has a swell factor of 18% and a compaction factor of 12%. What will it cost to backfill this trench if the sheeps foot operator make the same as the driver and fuel cost $1,250.00?
In: Civil Engineering
Arrays Assignment in Java
1. Suppose you are doing a report on speeding. You have the data from 10 different people who were speeding and would like to find out some statistics on them. Write a program that will input the speed they were going. You may assume that the speed limit was 55. Your program should output the highest speed, the average speed, the number of people who were between 0-10 miles over, the number between 10 and 20, and the number over 20. Your program should print out these results.
2. Create a list of 100 randomly generated numbers (between 1 and 100). Print the list out in order, print the list out in reverse order, print out how many of each number was generated.
In: Computer Science
Umbrella Corporation maintains computer equipment and provides consulting services in 10 states and 15 countries. The corporation has a fleet of 4 Corporate jets and 3 Helicoptors and employs 6 full time pilots who receive salary and benefits. The most appropriate way to allocate the total cost of the corporate jets, helicopters, and pilots to individual user departments who travel worldwide to provide consulting service to clients would be:
a. number of employees in each department
b. number of trips taken by each department
c. number of miles flown by each department
d. sales revenue generated by each user department.
Comments:
- Can you explain why Answer C would be the correct answer? I would appreciate it.
- This is a created example that complies with Chegg's honor code.
In: Accounting
7. In an area of the Great Plains, records were kept
on the relationship between the rainfall (in inches)
and the yield of wheat (bushels per acre).
|
Rainfall (in inches) x |
Yield (Bushels per acre) y |
|
10.5 |
50.5 |
|
8.8 |
46.2 |
|
13.4 |
58.8 |
|
12.5 |
59.0 |
|
7.0 |
31.9 |
|
16.0 |
78.8 |
7a. Using the linear
regression feature on your calculator,
find a linear equation that models the
miles per gallon as the respone
variable (y) and the engine size in
liters as the explanatory variable (x). (Use 2 decimal places in
the regression equation.)
7b. Using the line you obtained in 7a. above, compute the sum of
the squared
residuals of the least squares line for the given data. (Use 2
decimal places and show your
calculations, by hand!)
In: Math
In each of the projects that follow, you should write a program that contains an introductory docstring. This documentation should describe what the program will do (analysis) and how it will do it (design the program in the form of a pseudocode algorithm). Include suitable prompts for all inputs, and label all outputs appropri- ately. After you have coded a program, be sure to test it with a reasonable set of legitimate inputs.
Q. Write a program that takes as input a number of kilometers and prints the corresponding number of nautical miles. Use the following approximations: - A kilometer represents 1/10,000 of the distance between the North Pole and the equator. - There are 90 degrees, containing 60 minutes of arc each, between the North Pole and the equator. - A nautical mile is 1 minute of an arc.
*please use IDLE( python 3.7)
In: Computer Science
Imagine you are tasked with conducting a counseling intake interview with a 19 year old college student who is feeling sad, unmotivated, and worried about his grades. It is the student’s first semester at school, and he is finding that he has gone from being an A student in high school to a B- student in college. He has also moved 500 miles away from his hometown to attend school.
a number of counseling approaches (cognitive, humanistic, psychodynamic, and behavioral), that can be used to guide and understand an interview.
Which approach would you use to guide this intake interview? Explain why you think this approach is a good choice for this particular interview also, develop at least 5 questions for your interview and explain how the questions fit with the approach you chose.
In: Psychology
At the point you will engage in fieldwork as a researcher, you will probably ask yourself: ‘How will I decide what is important, and what is not so important?’ Or ‘what should I take notes about?’ The literature recommends starting with a broad focus and narrow it later, initially taking notes on as many aspects of the scene as possible.
In: Economics
a) Rachel has a bicycle valued at £100. If Rachel locks the
bicycle up everywhere she goes, it
still has a probability of being stolen of 20%. What does it mean
to say that Rachel is risk
natural? If Rachel is risk neutral, what is the expected value to
her of owning the bicycle?
b) If Rachel buys a bike insurance policy for £25 that will
reimburse her for the value of the
bike if stolen, she eliminates the risk of owning a bike. Then the
expected value of the insured
bike is 0.8*(£100-£25) + 0.2*(£100-£25) = £75. Under what
circumstances would Rachel be
prepared to buy the insurance policy?
c) Calculate the expected profit of offering insurance on the
bicycle, given the values stated
above.
d) Now assume that Rachel is part of a ‘low risk group’ of
customers, each of whose probability
of having their bike stolen is 0.2. Assume that there is also a
high risk group whose probability
of having their bike stolen is 0.4. Assume that while the low risk
group are prepared to buy an
insurance contract for £25 or less, the high risk group are just
prepared to buy the contract for
£45 or less. What happens if the firm tries to sell insurance at a
price of £35? Who buys the
contract and what is the profit on the contract? What problem does
this outcome illustrate?
In: Economics
1.Caro Manufacturing has two production departments, Machining and Assembly, and two service departments, Maintenance and Cafeteria. Direct costs for each department and the proportion of service costs used by the various departments for the month of August follow:
| Proportion of Services Used by | |||||||||||
| Department | Direct Costs | Maintenance | Cafeteria | Machining | Assembly | ||||||
| Machining | $ | 95,000 | |||||||||
| Assembly | 68,400 | ||||||||||
| Maintenance | 42,400 | — | 0.2 | 0.6 | 0.2 | ||||||
| Cafeteria | 34,000 | 0.8 | — | 0.1 | 0.1 | ||||||
Compute the allocation of service department costs to producing departments using the direct method
Machine
Assembly
2. Assume that both Machining and Assembly work on just two jobs during the month of August: CM-22 and CM-23. Costs are allocated to jobs based on machine-hours in Machining and labor-hours in Assembly. The number of labor- and machine-hours worked in each department are as follows:
| Machining | Assembly | ||||
| Job CM-22: | Machine-hours | 280 | 50 | ||
| Labor-hours | 60 | 40 | |||
| Job CM-23: | Machine-hours | 20 | 20 | ||
| Labor-hours | 30 | 310 | |||
Required:
How much of the service department costs allocated to Machining and
Assembly in the direct method should be allocated to Job CM-22? How
much should be allocated to Job CM-23?
Machine
Assembly
In: Accounting