Listed below are the numbers of hurricanes that occurred in each year in a certain region. The data are listed in order by year. Find the range, variance, and standard deviation for the given sample data. Include appropriate units in the results. What important feature of the data is not revealed by any of the measures of variation? 11, 6, 10, 10, 8, 10, 17, 8, 1, 10, 7, 5, 19, 15
The range of the sample data is ___ (plus one of the following)
hurricanes squared .hurricanes2.
years squared .years2.
years.years.
hurricanes.hurricanes.
(Round to one decimal place as needed.)
The standard deviation of the sample data is ____ (plus one of the following)
a. hurricanes.hurricanes.
b. years squared .years2.
c. hurricanes squared .hurricanes2.
d. years.years.
(Round to one decimal place as needed.)
The variance of the sample data is______? (plus one of the following)
a. years.years.
b. hurricanes squared .hurricanes2.
c. hurricanes.hurricanes.
d.years squared .years2.
(Round to one decimal place as needed.)
What important feature of the data is not revealed through the different measures of variation?
A. The measures of variation do not reveal the difference between the largest number of hurricanes and the smallest number of hurricanes in the data.
B. The measures of variation reveal no information about the scale of the data.
C. The measures of variation reveal nothing about the pattern over time.
D.The measures of variation reveal nothing about how the numbers of hurricanes are spread.
In: Statistics and Probability
1. In 2012 the price index was calculated at 157.6 with 2009 as the base year. In 2013 the price index increased to 168.3. What was the inflation from 2008-2009?
A. 6.8%
B. 6.4%
C. 10.7%
2. In the fictional country of Alpha-land the economics statistics department has been busy calculating the price index for a basket of goods from 2013 to 2017. January 2013 is the standardized price index, at 100, for a basket of consumer goods in the country. The price index increased in 2014 to 105.7, in 2015 to 110.3, in 2016 to 114.1, and in 2017 it increased to 121.2. You have been called to the country to help establish the rate of inflation for those years. What is the inflation rate in Alpha-land for 2014 to 2015?
A. 5.7%
B. 4.4%
C. 14.1%
3. In the fictional country of Beta-land the economics statistics department has been busy calculating the price index for a basket of goods from 2009 to 2013. January 2009 is the standardized price index, at 100, for a basket of consumer goods in the country. The price index increased in 2010 to 110.3, in 2011 to 115.7, in 2012 to 120.5, and in 2013 it increased to 125.7. You have been called to the country to help establish the rate of inflation for those years. What is the inflation rate in Beta-land for 2012 to 2013?
A. 4.1%
B. 4.9%
C. 4.3%
In: Economics
If inflation grows continuously at a rate of 9 % per year, how long will it take for $ 2 to lose half its value? It will take approximately nothing years for $ 2 to lose half its value. (Do not round until the final answer. Then round to the nearest tenth as needed.)
In: Math
A car was valued at $36,000 in the year 2009. By 2013, the car value had depreciated to $15,000. If the car's value continues to drop by the same percentage, what will it be worth in 2020? Round to the nearest dollar.
In: Math
At the beginning of the school year, Craig Kovar decided to prepare a cash budget for the months of September, October, November, and December. The budget must plan for enough cash on December 31 to pay the spring semester tuition, which is the same as the fall tuition. The following information relates to the budget:
| Cash balance, September 1 (from a summer job) | $6,470 |
| Purchase season football tickets in September | 90 |
| Additional entertainment for each month | 220 |
| Pay fall semester tuition in September | 3,500 |
| Pay rent at the beginning of each month | 310 |
| Pay for food each month | 180 |
| Pay apartment deposit on September 2 (to be returned December 15) | 400 |
| Part-time job earnings each month (net of taxes) | 800 |
a. Prepare a cash budget for September, October, November, and December. Use the minus sign to indicate cash outflows, a decrease in cash or cash payments.
| Craig Kovar | ||||
| Cash Budget | ||||
| For the Four Months Ending December 31 | ||||
| September | October | November | December | |
| Estimated cash receipts from: | ||||
| Part-time job | $ | $ | $ | $ |
| Deposit | ||||
| Total cash receipts | $ | $ | $ | $ |
| Less estimated cash payments for: | ||||
| Season football tickets | $ | |||
| Additional entertainment | $ | $ | $ | |
| Tuition | ||||
| Rent | ||||
| Food | ||||
| Deposit | ||||
| Total cash payments | $ | $ | $ | $ |
| Cash increase (decrease) | $ | $ | $ | $ |
| Plus cash balance at beginning of month | ||||
| Cash balance at end of month | $ | $ | $ | $ |
b. What are the budget implications for Craig Kovar?
Craig can see that his present plan will not provide sufficient cash. If Craig did not budget but went ahead with the original plan, he would be $_____ short at the end of December, with no time left to adjust.
In: Accounting
A company started the year with a normal balance of $77,000 in the inventory account. During the year, debits totaling $49,500 and credits totaling $64,000 were posted to the inventory account. Which of the following about the inventory account is correct?
A) The inventory account is decreased by debits
B) After these amounts are posted, the balance in the inventory account is a credit balance of $62,500.
C) The normal balance of the inventory account is a credit balance.
D) the debits and credits posted to the inventory account caused it to decrease by $14,500
In: Accounting
The annual National No Spying Day is celebrated at KAOS headquarters this year. There are 8 Control agents and 18 KAOS agents attending.
How many ways can we choose a team of 7 agents if 2 team members need to be from Control and 5 from KAOS?
How many ways can we choose a team of 7 agents if at least 1 team member needs to be from Control?
In: Advanced Math
The average age in the senior year is 22, with an SD of 0.7. The z-score of my age is z=1.98. My age is age=______. The z-score of your age is z=-0.03. Your age is age=_______. The z-score of my friend’s age is z=-2.23. My friend’s age is age=_______. The z-score of someone’s age is z=3.02. That person’s age is age=________. The probability that a randomly chosen observation fall between z=-1 and z=1 is __________. The probability that a randomly chosen observation fall between z=-2 and z=2 is __________. The probability that a randomly chosen observation fall between z=-3 and z=3 is __________.
In: Statistics and Probability
You are the nurse manager on a pediatric unit. For the next fiscal year you will be adding 4 intermediate care beds in addition to the 15 acute-care beds that you already have. Your occupancy level runs close to 90%. You calculate that you will need to add TWO FTE RN positions per 8-hour shift to cover the additional beds. Calculate the number of FTE’s you will need to provide full time coverage for 2 FTE’s per 8-hour shift. Be sure to take in to consideration that you are a 24/7 operation and that your staff will need to take vacation, sick and other time away from work. Each FTE will get paid for the following : Holidays 9 Sick days 7 Vacation days 7 Education days 2 You need to calculate the Net Paid Days for each new FTE to be able to determine the total number of FTE’s needed to provide 24/7 coverage as you add the new beds. Show your calculations. Assume that the cost of a Registered nurse salary is $50,000 and benefits are $15,000. Compute the total annual cost of the additional staff. Show your calculations.
In: Nursing
Suppose the Consumer Price Index in 2016 is 127.1 with 2002 as the base year
a. What is the purchasing power of the dollar compared to 2002
b. What is the real income relative to 2002 of the person whose income was $72500
In: Economics