In a test of the effectiveness of garlic for lowering cholesterol,
45
subjects were treated with garlic in a processed tablet form. Cholesterol levels were measured before and after the treatment. The changes
(beforeminus−after)
in their levels of LDL cholesterol (in mg/dL) have a mean of
5.2
and a standard deviation of
15.8.
Construct a 95%
confidence interval estimate of the mean net change in LDL cholesterol after the garlic treatment. What does the confidence interval suggest about the effectiveness of garlic in reducing LDL cholesterol?
In: Math
In a test of the effectiveness of garlic for lowering cholesterol, 45 subjects were treated with garlic in a processed tablet form. Cholesterol levels were measured before and after the treatment. The changes (beforeminusafter) in their levels of LDL cholesterol (in mg/dL) have a mean of 3.2 and a standard deviation of 17.3. Construct a 90% confidence interval estimate of the mean net change in LDL cholesterol after the garlic treatment. What does the confidence interval suggest about the effectiveness of garlic in reducing LDL cholesterol?
In: Math
How the gender pay gap happened and where it stands today. Include strategies on how the gap can be closed.
In: Economics
Initially, only H2S is present at a pressure of 0.245 atm in a closed container. What is the total pressure in the container at equilibrium?
In: Chemistry
Research and Identify the advantages and disadvantages of
Measuring Level using
differential pressure transmitters for both closed and open
tanks.
In: Physics
Why might including more than 1 Closed Feedwater Heater increase the efficency of an Ideal Rankine Cycle?
In: Physics
Describe the process of national income determination and demonstrate for an economy with government, income tax, but a closed economy (no exports or imports).
In: Economics
What is the purpose of closing entries?What is the effect on the
financial statements
if closing entries are not made? What accounts are closed?
In: Accounting
Describe the complete cardiac cycle and include which valves are closed at which time. What makes the heart sounds?
In: Anatomy and Physiology
24. Stock Value and Leverage. Green Manufacturing, Inc.,plans to announce that it will issue $1.6 million of perpetual debt and use the proceeds to repurchase common stock. The bonds will sell at par with an annual coupon rate of 6 percent. The company is currently an all-equity firm worth $7.7 million with 260,000 shares of common stock outstanding. After the sale of the bonds, the company will maintain the new capital structure indefinitely. The company currently generates annual pretax earnings of $1.86 million. This level of earnings is expected to remain constant in perpetuity. The corporate tax rate is 40 percent.
a. Whatis the expected return on equity before the announcement of the debt issue?
b. Construct the market value balance sheet before the announcement of the debt issue. What is the price per share of the firm's equity?
c. Construct the market value balance sheet immediately after the announcement of the debt issue.
d. What is the stock price per share immediately after the repurchase announcement?
e. How many shares will the company repurchase as a result of the debt issue? How many shares of common stock will remain after the repurchase?
f. Construct the market value balance sheet after the restructuring.
g. What is the required return on the company's equity after the restructuring?
In: Finance