Kyle’s Shoe Stores Inc. is considering opening an additional suburban outlet. An aftertax expected cash flow of $120 per week is anticipated from two stores that are being evaluated. Both stores have positive net present values.

a. Compute the coefficient of variation for each site. (Do not round intermediate calculations. Round your answers to 3 decimal places.)

b. Which store site would you select based on the distribution of these cash flows? Use the coefficient of variation as your measure of risk.

• Site A

• Site B

Lake Company bought a used delivery truck on January 1, 2017, for $20,000. The delivery truck was expected to remain in service 4 years (50,000 miles). Lake's accountant estimated that the truck’s residual value would be $2,000 at the end of its useful life. The truck traveled 14,000 miles the first year and 18,000 miles the second year. Calculate depreciation expense for the truck for 2017 and 2018 using the

• Straight-line method.

• Double-declining balance method

• Units of Production method.

I'm not sure if I am able to do these in excel, but if so what are the functions for them?

1. (2 pts) The weights of 8-week-old French Bulldog puppies follow a normal distribution. What percent of puppies weigh more than 2.35 standard deviations below the mean?

2. (4 pts) If a Chevy Trailblazer lasts for an average of 170,000 miles and a standard deviation of 25,000 miles, assuming mileage follows a normal distribution, what is the probability that the Trailblazer will last at least 180,000 miles?

The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to be driven next year. The miles driven during the past 5 years are as​ follows:

Year   1   2   3   4   5
Mileage   3,000   3,950   3,450   3,800   3,750

​a) Using a​ 2-year moving​ average, the forecast for year 6​ =

3775 miles ​(round your response to the nearest whole​ number).

​b) If a​ 2-year moving average is used to make the​ forecast, the MAD based on this​ = 83.3 miles ​(round your response to one decimal​ place). ​ (Hint: You will have only 3 years of matched​ data.)

​c) The forecast for year 6 using a weighted​ 2-year moving average with weights of 0.45 and 0.55 ​(the weight of 0.55 is for the most recent​ period) = 3773 miles ​(round your response to the nearest whole​ number).

The MAD for the forecast developed using a weighted​ 2-year moving average with weights of 0.45 and 0.55 = 102 miles ​(round your response to one decimal​ place).  ​(Hint: You will have only 3 years of matched​ data.)

​d) Using exponential smoothing with alpha α​ = 0.40 and the forecast for year 1 being 3,000​, the forecast for year 6​ =________________ miles ​(round your response to the nearest whole​ number).

Question 1:

A binomial distribution has p = 0.21 and n = 94. Use the normal approximation to the binomial distribution to answer parts (a) through (d) below. Round to four decimal places as needed.)

a. What are the mean and standard deviation for this distribution?

b. What is the probability of exactly 15 successes?

c. What is the probability of 13 to 21 successes?

d. What is the probability of 9 to 17 successes?

Question 2:

The average number of miles driven on a full tank of gas in a certain model car before its low-fuel light comes on is 331. Assume this mileage follows the normal distribution with a standard deviation of 44 miles. Complete parts a through d below. (Round to four decimal places as needed.)

1. What is the probability that, before the low-fuel light comes on, the car will travel less than 361 miles on the next tank of gas?
2. What is the probability that, before the low-fuel light comes on, the car will travel more than 280 miles on the next tank of gas?
3. What is the probability that, before the low-fuel light comes on, the car will travel between 301 and 321 miles on the next tank of gas?
4. What is the probability that, before the low-fuel light comes on, the car will travel exactly 353 miles on the next tank of gas?

The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to be driven next year. The miles driven during the past 5 years are as​ follows:

​a) Using a​ 2-year moving​ average, the forecast for year 6​ = ? miles ​(round your response to the nearest whole​ number).

​b) If a​ 2-year moving average is used to make the​ forecast, the MAD based on this​ = ? miles ​(round your response to one decimal​ place). ​ (Hint: You will have only 3 years of matched​ data.)

c) The forecast for year 6 using a weighted 2-year moving average with weights of 0.40 and 0.60 (the weight of 0.60 is for the most recent period) = ? miles (round your response to the nearest whole number)

The MAD for the forecast developed using a weighted 2-year moving average with weights of 0.40 and 0.60 = ? miles (round your response to one decimal place) (Hint: You will have only 3 years matched data.)

d) Using exponential smoothing with α = 0.20 and the forecast for year 1 being 3,000 the forecast for year 6 = ? miles (round your response to the nearest whole number)

The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to be driven next year. The miles driven during the past 5 years are as​ follows:

​a) Using a​ 2-year moving​ average, the forecast for year 6​ =

miles ​(round your response to the nearest whole​ number).

​b) If a​ 2-year moving average is used to make the​ forecast, the MAD based on this​ =

miles ​(round your response to one decimal​ place). ​ (Hint: You will have only 3 years of matched​ data.)

​c) The forecast for year 6 using a weighted​ 2-year moving average with weights of 0.45 and 0.55 ​(the weight of 0.55 is for the most recent​ period) =

miles ​(round your response to the nearest whole​ number).

The MAD for the forecast developed using a weighted​ 2-year moving average with weights of 0.45 and 0.55 ​=

miles ​(round your response to one decimal​ place).  ​(Hint: You will have only 3 years of matched​ data.)

​d) Using exponential smoothing with α = 0.30 and the forecast for year 1 being 3,050​, the forecast for year 6​ =

miles ​(round your response to the nearest whole​ number).

1 Objective The purpose of this assignment is to test your familiarity with Java I/O, and if-else statements. Please submit your file as ”Shipping.java”

2 The Backstory Amazon.com wants to try out it’s new ‘Delivery by Drone” service and has recruited you to write a Java console application to calculate the shipping cost. They are going to charge the customer based on various criteria, as shown below:

Amazon Prime members get a 10% discount.

3 Specifications

• First, ask for the weight of the package (in kilograms). The user can enter this as a decimal number, so use type double. Values of 0 or less are invalid (i.e. a package has to weigh something). Do not accept weights of more than 20 Kg either, as this is the maximum weight the company will ship).

• If the user enters an invalid choice, print an appropriate error message and abort the program. (See sample outputs for error messages).

• Now ask the user to enter the distance to ship the package (in miles). This will be entered as an integer. 0 miles or less is considered invalid (must be a positive distance to ship). Also, do not accept distances of more than 3000 miles - consider 3000 miles to be the company’s maximum shipping distance.

• If the user enters an invalid choice, print an appropriate error message and abort the program. (See sample outputs for error messages).

• For a valid weight and distance, compute the shipping charges according to the chart above, noting that ”rate per 50 miles shipped” means that anything up to 50 miles is at the 50 mile rate, anything above 50 up to 100 miles is at the 100 mile rate, and so on.

• Ask if the user is an Amazon Prime member. If the user says Yes, give them a 10% discount.

• Print out the following results: – The package weight (default format), in kilograms. – The shipping rate for this package, to 2 decimal places, (money format). – The number of miles chosen. – The calculated shipping cost, to 2 decimal places (money format).

• See the Sample Runs below for expected output messages and numerical output formats.

• Also note: The System library has a method called exit(), which will cause a program to terminate immediately. It requires a parameter - usually, it is sufficient to just pass in the value 0

4 Sample Runs

Sample Run 1:

Welcome to Amazon Shipping Calculator

Please enter the weight of the package, in Kg: 19.4

Please enter the distance to be shipped (in miles): 2318 Are you an Amazon Prime member? (Yes/No): No

Package weight = 19.4 Kg Shipping rate = $40.60 per 50 miles Number of miles = 2318

Total shipping charges = $ 1908.20

Goodbye

Sample Run 2:

Welcome to Amazon Shipping Calculator

Please enter the weight of the package, in Kg: 8.4 Please enter the distance to be shipped (in miles): 134

Are you an Amazon Prime member? (Yes/No): Yes

Package weight = 8.4 Kg Shipping rate = $22.43 per 50 miles Number of miles = 134

Total shipping charges = $ 60.56

Goodbye

Sample Run 3 (error case): Welcome to Amazon Shipping Calculator

Please enter the weight of the package, in Kg: -5 Invalid package weight. Program aborted

Sample Run 4 (error case): Welcome to Amazon Shipping Calculator

Please enter the weight of the package, in Kg: 21.8 Cannot accept packages over 20 Kg. Program aborted

A project under evaluation has a first cost of $35,000. The firm’s MARR is 15%. Assume the probability distributions for annual benefit and life are unrelated and statistically independent. Calculate the expected value for the Present Worth.

X_n is a Markov Chain with state-space E = {0, 1, 2}, and transition matrix

0.4 0.2 0.4

P = 0.6 0.3 0.1

0.5 0.3 0.2

And initial probability vector a = [0.2, 0.3, 0.5]

For the Markov Chain with state-space, initial vector, and transition matrix discuss how we would calculate the follow; explain in words how to calculate the question below.

a) P(X₁ = 0, X₂ = 0, X₃ = 1, X₄ = 2|X₀ = 2)

b) P(X₂ = 2, X₄ = 0, X₅ = 1