Direct mail advertisers send solicitations ("junk mail") to thousands of potential customers in the hope that some will buy the company's product. The response rate is usually quite low. Suppose a company wants to test the response to a new flyer and sends it to 1110 people randomly selected from their mailing list of over 200,000 people. They get orders from 108 of the recipients.
Create a 90% confidence interval for the percentage of people the company contacts who may buy something.
( __ % __ % )
(Round to one decimal place as needed.)
In: Math
Western State University (WSU) is preparing its master budget for the upcoming academic year. Currently, 16,500 students are enrolled on campus; however, the admissions office is forecasting a 8 percent growth in the student body despite a tuition hike to $85 per credit hour. The following additional information has been gathered from an examination of university records and conversations with university officials:
1.Prepare a tuition revenue budget for the upcoming academic year.
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2.Determine the number of faculty members needed to cover classes.
3. Assume there is a shortage of full-time faculty members. Select at least five actions that WSU might take to accommodate the growing student body by selecting an "X" next to the action.
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4.You have been requested by the university’s
administrative vice president (AVP) to construct budgets for other
areas of operation (e.g., the library, grounds, dormitories, and
maintenance). The AVP noted: “The most important resource of the
university is its faculty. Now that you know the number of faculty
needed, you can prepare the other budgets. Faculty members are
indeed the key driver—without them we don’t operate.” Are faculty
members a key driver in preparing budgets? Yes or
No?
In: Accounting
5. Cash flows
"Cash Is King" for all businesses
You can determine a company's cash situation by analyzing the cash flow statement. The cash flow statement also helps determine whether the company (1) is generating enough cash from its operations to make new investments and pay dividends or (2) will need to generate cash by issuing new debt or selling its assets.
Which of the following is true for the statement of cash flows?
It reflects revenues when earned
It reflects cash generated and used during the reporting period
Three categories of activities (operating, investing, and financing) generate or use the cash flow in a company. In the following table, identify which type of activity is described by each statement.
The Yum chain of restaurants conducts an initial public offering to raise funds for expansion.
A company reports a 10% increase in its accounts payable from the last month.
D and W Co. sells its last season's inventory to a discount store
A company buys some common stock in its supplier's firm with its extra cash
Global Satellite Corp. reported net sales of $350 million last year and generated a net income of $77 million. Last year's accounts receivable increased by $29 million. What is the maximum amount of cash that Global Satellite Corp received from sales last year?
$106 million
$241 million
$161 million
$321 million

In: Finance
Who should decide when a healthcare procedure is medically necessary: the doctor who is treating the patient, or the health insurance company who is paying the bill? What are the moral and ethical issues concerning the insurance company making these decisions, which are driven by cutting healthcare costs and making a profit?
In: Operations Management
Who should decide when a healthcare procedure is medically necessary: the doctor who is treating the patient, or the health insurance company who is paying the bill? What are the moral and ethical issues concerning the insurance company making these decisions, which are driven by cutting healthcare costs and making a profit?
In: Nursing
Chapter 10
6. Test H0: 8 versus HA: > 8, given =
0.01, n = 25, = 8.13 and s = 0.3. Assume the sample is selected
from a normally distributed population.
7. Test H0: π = 0.25 versus HA: π 0.25 with p = 0.33 and n = 100 at alpha = 0.05 and 0.10.
8. Test at α = 0.01 the hypothesis that a majority (more than 50%) of students favor the plus/minus grading system at a university if in a random sample of 500 students, 285 favor the system?
9. Test whether the sample evidence indicates that the average time an employee stays with a company in their current positions is less than 3 years when a random sample of 64 employees yielded a mean of 2.76 years and s = 0.8. Use = 0.01. Assume normal distribution.
In: Statistics and Probability
Chapter 10
6. Test H0: 8 versus HA: > 8, given =
0.01, n = 25, = 8.13 and s = 0.3. Assume the sample is selected
from a normally distributed population.
7. Test H0: π = 0.25 versus HA: π 0.25 with p = 0.33 and n = 100 at alpha = 0.05 and 0.10.
8. Test at α = 0.01 the hypothesis that a majority (more than 50%) of students favor the plus/minus grading system at a university if in a random sample of 500 students, 285 favor the system?
9. Test whether the sample evidence indicates that the average time an employee stays with a company in their current positions is less than 3 years when a random sample of 64 employees yielded a mean of 2.76 years and s = 0.8. Use = 0.01. Assume normal distribution.
In: Statistics and Probability
University Printers has two service departments (Maintenance and Personnel) and two operating departments (Printing and Developing). Management has decided to allocate maintenance costs on the basis of machine-hours in each department and personnel costs on the basis of labor-hours worked by the employees in each.
The following data appear in the company records for the current period:
| Maintenance | Personnel | Printing | Developing | |||||||||
| Machine-hours | − | 504 | 648 | 2,448 | ||||||||
| Labor-hours | 360 | − | 252 | 1,188 | ||||||||
| Department direct costs | $ | 12,000 | $ | 27,000 | $ | 27,000 | $ | 18,000 | ||||
Required:
Allocate the service department costs using the reciprocal method. (Matrix algebra is not required because there are only two service departments.)
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In: Accounting
Find and analyze an article (first published in the last 28 days) about some topic dealing with nutrition and/or exercise addressing a hypothesis. This can come from a newspaper, magazine or other periodical.Analyze the article and address the following:
1. What hypothesis was tested?
2. How was it tested?
3. Was the hypothesis supported or rejected?
4. Is the sponsor of the science mentioned? This could be a university where research was conducted, a company that supplied funding, etc. Do you think the sponsor may have influenced the science? By that I mean do you think the source of funding could lead to a conflict of interest?
5. What are some implications of this research?
6. What could you do if you wanted to find out more about the topic? Be more specific.
In: Biology
A square foundation 1.5? × 1.5? is founded at a depth
of 1.5 m below the ground surface in
sand soil having a cohesion ?
′ = 0 ?? ?2 ⁄ and angle of shearing resistance∅
′ = 33°
. The water
table is at a depth of 6 m below ground level. The unit weight of
soil above the water table is
? = 18 ?? ?3 ⁄ and the saturated unit weight of the soil ???? = 19
?? ?3 ⁄ .Use the General
Bearing Capacity Equation. Determine the net allowable bearing
pressure for a factor of safety
of 3.
In: Civil Engineering