It appears that the imports of carbon black have been increasing by about 10% annually.
| Imports of | |||
| Carbon Black | |||
| Year | (thousands of tons) | ||
| 2010 | 94 | ||
| 2011 | 109 | ||
| 2012 | 111 | ||
| 2013 | 127 | ||
| 2014 | 132 | ||
| 2015 | 145 | ||
| 2016 | 162 | ||
| 2017 | 178 | ||
Determine the logarithmic trend equation. (Round your answers to 4 decimal places.)
|
By what percent did imports increase, on the average, during the period? (Round your answer to 2 decimal places.)
Imports increased, on average: %
Estimate imports for the year 2023. (Round your intermediate calculations. Round your answer to 2 decimal places.)
Estimated Imports=
In: Statistics and Probability
It appears that the imports of carbon black have been increasing by about 10% annually.
| Imports of | |||
| Carbon Black | |||
| Year | (thousands of tons) | ||
| 2010 | 94 | ||
| 2011 | 109 | ||
| 2012 | 111 | ||
| 2013 | 127 | ||
| 2014 | 132 | ||
| 2015 | 145 | ||
| 2016 | 162 | ||
| 2017 | 178 | ||
Determine the logarithmic trend equation. (Round your answers to 4 decimal places.)
|
By what percent did imports increase, on the average, during the period? (Round your answer to 2 decimal places.)
Imports increased, on average: %
Estimate imports for the year 2023. (Round your intermediate calculations. Round your answer to 2 decimal places.)
Estimated Imports=
In: Statistics and Probability
Analyze the time-series data of Balance of Payment of China (Since 2010). Discuss the trend of changes in current, capital and financial accounts. Based on your observation, with other external economic information, what shall the policymakers do in responding to these changes?
You required to do.
1. Find the current account, financial account, and capital account of china.
2. Describe thier trends of changes from 2010 to 2019 with evidence
3. Explain why their were such changes.with evidence.
4. Advice policymakers about what shall be done based on the observation.
5. Discuss the balance of Payment detaily.
6 discuss the implications on setting external economic policies and concepts
(Use 1500 words)
In: Economics
Suppose that a simple economy produces only four goods and services: shoes, DVDs, tomatoes, and catsup in 2010. Assume one half of the tomatoes are used in making the catsup and the other half of tomatoes are purchased by households.
|
Product |
Quantity |
Price ($) |
|
Shoes |
40 |
50 |
|
DVDs |
100 |
25 |
|
Tomatoes |
2000 |
1 |
|
Catsup |
300 |
5 |
.What is the nominal GDP in 2010 for this simple economy?b.In 2011, suppose that the whole tomatoes products were used in making the catsup and atthe same time the price of shoes, DVDs, Tomatoes, Catsup increased three-fold each andtheir respective quantities also increased twice. Calculate Real GDP, GDP deflator and rat eof inflation in 2011?
In: Economics
Researchers suspect that myopia, or nearsightedness, is becoming more common over time. A study from the year 2010 showed 123 cases of myopia in 400 randomly selected people. Another study from the year 2019 showed 228 cases in 600 randomly selected people. We are going to do a hypothesis test to see if p1 = the proportion of people who have myopia in 2019 is equal to p2 = proportion of people who have myopia in 2010 at the 0.05 significance level.
Set up the null and alternative hypothesis
Calculate the test statistic.
What is the critical value?
Should we reject or fail to reject the test under 0.05 level?
What is the correct conclusion based on the test?
In: Statistics and Probability
KLM Ltd purchased new equipment on 1st January 2010, at a cost of $420 000 net of GST. The company estimated that the equipment had a useful life of 5 years and a residual value of $45 000. Required Assuming a financial year ending 30th June, calculate the amount of depreciation expense for each year ending 30th June 2010 through to 30th June 2015, with each of the following methods: (a) straight line 2 marks (b) sum-of-years-digits 4 marks (c) diminishing balance using the formula 1-(r/c)1/n 4 marks 1- 5 420 000 45 000 = 1 - .64 = 36%
In: Accounting
The accompanying data table show the percentage of tax returns filed electronically in a city from 2000 to 2009. Complete parts a through e below.
Year Percentage
2000 25
2001 33
2002 37
2003 38
2004 48
2005 50
2006 55
2007 59
2008 62
2009 64
a) Forecast the percentage of tax returns that will be electronically filed for 2010 using exponential smoothing with alpha= 0.1.
b) Calculate the MAD for the forecast in part a.
c) Forecast the percentage of tax returns that will be electronically filed for 2010 using exponential smoothing with trend adjustment. Set alpha= 0.3 and beta= 0.4.
d) Calculate the MAD for the forecast in part c.
In: Statistics and Probability
Balance payment of china.
Analyze the time-series data of Balance of Payment of China (Since 2010). Discuss the trend of changes in current, capital and financial accounts. Based on your observation, with other external economic information, what shall the policymakers do in responding to these changes?
You required to do.
1. Find the current, capital and financial accounts of china.
2. Describe thier trends of changes from 2010 to 2019.
3. Explain why there were such changes.
4. Advice to the policymakers about what shall be done based on the observations.
5. Discuss the balance of Payments in greater details. With evidence.
6. Discuss the implications on setting external economic policies.
(1000 words).
In: Economics
On January 1, 2005 Able Company purchased all of the stock of Baker Company. On January 1, 2010, Able purchased a piece of equipment for $50,000. This equipment is expected to last 8 years with a 2000 salvage. On January 1, 2011 Able sold the equipment to Baker for $50,000. Baker believes the asset has 7 years of life remaining and a $1,000 salvage. On January 1, 2013 Baker sold the equipment to Cat Company for $30,000.
REQUIRED:
A) PREPARE ALL THE JOURNAL ENTRIES FOR ABLE CONNECTED WITH THIS EQUIPMENT
B) PREPARE ALL THE JOURNAL ENTRIES Baker makes connected with this equipment
C) Make all the necessary worksheet entries for 2010; 2011, 2012 and 2013 connected with this equipment
In: Accounting
Suppose the table gives the number N(t), measured in thousands, of minimally invasive cosmetic surgery procedures performed in the United States for various years t.
t N(t)(thousands)
| 2000 | 5,510 |
| 2002 | 4,892 |
| 2004 | 7,465 |
| 2006 | 9,128 |
| 2008 | 10,882 |
| 2010 | 11,561 |
| 2012 | 13,040 |
(b) Construct a table of estimated values for N'(t). (Use a one-sided difference quotient with an adjacent point for the first and last values, and the average of two difference quotients with adjacent points for all other values. Round your answers to two decimal places.)
| 2000 | x |
| 2002 | x |
| 2004 | x |
| 2006 | x |
| 2008 | x |
| 2010 | x |
| 2012 | x |
In: Advanced Math