1. The waiting times (in minutes) of a random sample of 21 people at a bank have a sample standard deviation of 3.5 minutes. Construct a confidence interval for the population variance sigma squared and the population standard deviation sigma. Use a 99 % level of confidence. Assume the sample is from a normally distributed population. What is the confidence interval for the population variance sigma squared?
2.You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. If convenient, use technology to construct the confidence intervals. A random sample of 55 home theater systems has a mean price of $113.00. Assume the population standard deviation is $15.20.
In: Math
a construction company that you work for asked you to perform an economic study to determine if it would be desirable to purchase a new road master scraper . you have assembled the following information . a new road master will cost $40000 and will have a service life of 20 years if a good maintenance plan is followed. maintenace operating cost wil amount to $12000 for year one and will increase $6000 each year that is in use .the market for used scrapers is shot and yu cannot plan to sell the road master for more than $0 whenever you decide to retire it ( if you do decide to purchase it ). use a value of 12% for marr and determine the number of years you should use for the economic life of the road master in your economic study
In: Accounting
(Proforma balance sheet construction)Use the following industry-average ratios to construct a pro forma balance sheet for Karen's Beauty Products, Inc
Total asset turnover 1.5 times
Average collection period (assume 365-day year) 16 days
Fixed asset turnover 6 times
Inventory turnover (based on cost of goods sold) 2 times
Current ratio 1.8 times
Sales (all on credit) 3,000,000
Cost of goods sold 75% of sales
Debt ratio 50%
Fill in the assets section of the pro forma balance sheet. (Round all items to the nearest dollar.)
|
Cash |
$nothing |
|
|
Accounts receivable |
nothing |
|
|
Inventories |
nothing |
|
|
Net fixed assets |
nothing |
|
|
Total assets |
$nothing |
In: Finance
Question 1:- A potential investor collected attendance data over a period of 49 days at the North Mall and South Mall theaters in order to determine the difference between the average daily attendances. The North Mall Theater averaged 720 patrons per day with a variance of 100, while the South Mall Theater averaged 700 patrons per day with a variance of 96. Develop an interval estimate for the difference between the average daily attendances at the two theaters. Use a confidence coefficient of 0.95.
Question 2:-Zip, Inc. manufactures Zip drives on two different manufacturing processes. Because the management of this company is interested in determining if process 1 takes less manufacturing time, they selected independent random samples from each process. The results of the samples are shown below. (20 points)
Process 1 Process 2
Sample size 27 22
Sample mean (in minutes) 10 14
Sample variance 16 25
Question 3:-
Shown below is a portion of computer output for a regression analysis relating to Y (dependent variable) and X (independent variable). (20 points)
ANOVA
df SS
Regression 1 115.064
Residual 13 82.936
Total
Coefficients Standard Error
Intercept 15.532 1.457
x -1.106 0.261
a. Perform a t-test using the p-value approach and determine whether x and y are related. Let α = .05.
b. Using the p-value approach, perform an F test, and determine whether x and y are related.
c. Compute the coefficient of determination and fully interpret its meaning. Be specific.
In: Statistics and Probability
Question 1:- A potential investor collected attendance data over a period of 49 days at the North Mall and South Mall theaters in order to determine the difference between the average daily attendances. The North Mall Theater averaged 720 patrons per day with a variance of 100, while the South Mall Theater averaged 700 patrons per day with a variance of 96. Develop an interval estimate for the difference between the average daily attendances at the two theaters. Use a confidence coefficient of 0.95.
Question 2:-Zip, Inc. manufactures Zip drives on two different manufacturing processes. Because the management of this company is interested in determining if process 1 takes less manufacturing time, they selected independent random samples from each process. The results of the samples are shown below. (20 points)
Process 1 Process 2
Sample size 27 22
Sample mean (in minutes) 10 14
Sample variance 16 25
Question 3:-
Shown below is a portion of computer output for a regression analysis relating to Y (dependent variable) and X (independent variable). (20 points)
ANOVA
df SS
Regression 1 115.064
Residual 13 82.936
Total
Coefficients Standard Error
Intercept 15.532 1.457
x -1.106 0.261
a. Perform a t-test using the p-value approach and determine whether x and y are related. Let α = .05.
b. Using the p-value approach, perform an F test, and determine whether x and y are related.
c. Compute the coefficient of determination and fully interpret its meaning. Be specific.
In: Statistics and Probability
1) Due to the construction of a building, 150 kPa vertical stress increment takes place in a clay layer. The thickness of clay layer is 8m and there are a very thin sand layer above and a thick sand layer below it. If the final settlement is 0.08m, calculate the followings:
a) Required time in terms of month for 0.04m consolidation settlement
b) Amount of settlement in terms of meter, after 4 months of construction
c) During the construction, a machine is intended to be placed in to the building. However, the machine is sensitive to the settlement and amount of the settlement should not exceed 0.02m after placing this machine. Calculate the required time to satisfy the prerequisite in terms of months.
d) k value of the clay layer
mv = 1*10-4, cv = 0.4 m/month
In: Civil Engineering
Topic 1 (Note: Briefly in your own words 1 paragraph minimum, use and attach reference.)
Accounting Practices:
Using reading and research, locate a scholarly article that discusses accounting practices or the role of accounting in construction.
1.) Give a brief summary of what you learned and discuss how you will use this knowledge in your future career in construction management, what are the most common methods and programs used.
Discussion Topic 2 (Note: Briefly in your own words 1 paragraph minimum.)
Depreciation:
1. What impact do you think depreciation has on a construction company from a financial standpoint?
2. Why do you think we need to depreciate some assets but not others?
In: Accounting
Using the Issue, Rule, Analysis, Conclusion outline, I'm having trouble creating the IRAC for this situation....Happy City opened bidding for an airport construction project, by the usual process of advertising a request for bids. Crafty Construction submitted the lowest responsive bid. When the Happy City Council met to review the bid the Council members discovered the bid exceeded the budget for the project and discussed the possibility of negotiating a bid reduction. The city manager told the Council that Chris Crafty, owner of Crafty Construction, objected to further negotiations until Happy City formally awarded the contract to Crafty Construction, taking the position Happy City should award the contract in the amount of the original bid and afterward negotiate reductions in the scope of the work and/or contract price by submitting “work change orders” authorized by the contract. The City Council decided to award the contract to Crafty Construction “on the condition that the parties negotiate the work and price to bring it within the City’s budget;” adding that if Crafty would not participate in the negotiations, the City would rebid the project. Thereafter the City’s public works director suggested changes to Chris Crafty that would cut $100,000 from the project price to bring it within budget. Chris Crafty stated she felt she could do the reduction but was not prepared to discuss specifics. The next day Chris informed the public works director that she was confident that the price reduction of $100,000 could be accomplished based upon something like the suggested changes once a contract was signed. No further discussions occurred, and nothing was signed. Happy City eventually announced it would reject all bids, including Crafty Construction’s, as over-budget and rebid the project. Subsequently, Crafty Construction claimed it had a contract for the project, which Happy City breached by rebidding it. Happy City claims no contract ever existed. Who wins and why?
In: Accounting
You estimate that the property will cost $20 million to complete (including all costs) and that you should be able to complete it within ten months if you commence construction immediately. You believe that you can obtain a construction cost guarantee that should guarantee costs will not exceed $20.5 million. You believe that you will be able to obtain a $14 million to $15 million, seven-year, 25-year amortization loan, at a fixed interest rate of 8%, and a 50 basis point fee. You believe that you can close this loan in six to eight weeks from now.
You believe that your company can access approximately $8 million in equity, assuming that you can successfully tap into appreciated equity positions in three existing properties without triggering capital gains taxes on these positions. Your company will receive a development fee of roughly 3% of project costs (this cost is included in your $20 million cost estimate).
Finally, vacancy rates in the market are approximately 4%, gross rents in the market run $7-9 psf, with operating expenses and taxes running $2-$4 psf. Negotiations are over and it is time to make a decision.
Should you agree to develop the property? Give your reasons.
In: Finance
Assume an employee with the following terms and
conditions
Basic Pay K15, 000
Housing Allowance 20% of the basic Pay
Overtime allowance K1, 800
Transport Allowance 10% of basic pay
Required:
i. Prepare a pay slip for this employee taking into account the
necessary statutory deductions. (Note: for PAYE use the 2018 rates)
ii. Show how the above will be recorded in the books of accounts
for the company.
A. Write short notes on the following: (1 MARK EACH)
i. Issued Share Capital
ii. Subscribed Share capital
iii. Authorized share capital
iv. Paid up Share Capital
Before Manny went into a Sole Proprietorship, he was in Partnership
with Papa who decided to venture into fish farming, the following
is their Liquidation information
Cash k100, 000
Non- Cash Assts k1, 000,000
Non- Cash Assets Sales k600, 000
Liabilities k200, 000
Manny’s Capital k400, 000
Papa’s Capital k500, 000
Income and Losses are shared equally
Required: Prepare the statement of Partnership Liquidation
QUESTION TWO.
The costs incurred by Noriega Company to acquire land and construct
a building were as follows:
i. Land k150,000
ii. Construction insurance k3,500
iii. Delinquent tax paid on the land k 5,000
iv. Building construction contract k 220,000
v. Architect Fees k2,000,
vi. Street and side Walk installation k4,000
vii. Excavation Costs k3,100
viii. Property Tax on land (pro to construction) k1,600
ix. Interest cost on loan to pay contract k2,600
Requirements:
a. Determine the cost of land
b. Determine the cost of the building ( 3 MARKS)
c. Assuming the residue value of the building is K60,000 and that
the economic life is 10 years, compute Noriega LTD Company’s
depreciation expense for Year 1, Year 2, Year 3 under the following
methods
i. Straight line Method
ii. Double Declining Method
d. At the beginning of Year 4, Noriega LTD Company incurred an
additional Cost of K10, 000 in order to add a new wing to the
building; as a result the salvage value of the building is
increased by k5, 000 and also increased the remaining life of the
building by 2 years. Re- Calculate the depreciation for the next
two years using the straight line method. ( 3 MARKS)
e. Show how the methods of depreciation used in C. will affect the
profits
f. Write a short note on accounting for natural resources and how
it differs with normal accounting for Non- Current Assets
Need answers ASAP
In: Accounting