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 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 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 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"
(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 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 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:
(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:
In: Physics
a) A child slides down a water slide at an amusement park from an initial height h. The slide can be considered frictionless because of the water flowing down it. Can the equation for conservation of mechanical energy be used on the child?
YesNo
(b) Is the mass of the child a factor in determining his speed at
the bottom of the slide?
YesNo
(c) The child drops straight down rather than following the curved
ramp of the slide. In which case will he be traveling faster at
ground level?
following the curved rampdropping straight down same speed in either case
(d) If friction is present, how would the conservation-of-energy
equation be modified?
(e) Find the maximum speed of the child when the slide is
frictionless if the initial height of the slide is 13.5 m. (Assume
the child is initially at rest.)
m/s
In: Physics
1. In 1975 the price of a new house was $50,000.
In 2015 the price of a new house is $300,000.
How much has the price of housing increased over the entire 40 years in percentage terms?
| A.5.00% |
| B.600% |
| C.4.58% |
|
D.500% 2. The current cost of tuition is $12,000 per year.
|
In: Finance
Raleigh Department Store uses the conventional retail method for the year ended December 31, 2019. Available information follows:
| Cost | Retail | |||||
| Gross purchases | $ | 333,900 | $ | 540,000 | ||
| Purchase returns | 6,400 | 15,000 | ||||
| Purchase discounts | 5,500 | |||||
| Gross sales | 500,000 | |||||
| Sales returns | 8,000 | |||||
| Employee discounts | 5,500 | |||||
| Freight-in | 29,000 | |||||
| Net markups | 30,000 | |||||
| Net markdowns | 15,000 | |||||
Sales to employees are recorded net of discounts.
Required:
3. Assume Raleigh Department Store adopts the dollar-value
LIFO retail method on January 1, 2020. Estimating ending inventory
for 2020 and 2021.
|
In: Accounting