Questions
Consider the following hypothesis test. H0: μ ≤ 50 Ha: μ > 50 A sample of...

Consider the following hypothesis test.

H0: μ ≤ 50
Ha: μ > 50

A sample of 60 is used and the population standard deviation is 8. Use the critical value approach to state your conclusion for each of the following sample results. Use α = 0.05.

(Round your answers to two decimal places.)

(a) x = 52.7 Find the value of the test statistic.

State the critical values for the rejection rule. (If the test is one-tailed, enter NONE for the unused tail.)

test statistic ≤_______

test statistic ≥_______

State your conclusion.

Reject H0. There is insufficient evidence to conclude that μ > 50.

Do not reject H0. There is sufficient evidence to conclude that μ > 50.     

Do not reject H0. There is insufficient evidence to conclude that μ > 50.

Reject H0. There is sufficient evidence to conclude that μ > 50.

(b) x = 51

Find the value of the test statistic. _____

State the critical values for the rejection rule. (If the test is one-tailed, enter NONE for the unused tail.)

test statistic ≤ _____

test statistic ≥ _____

State your conclusion.

Reject H0. There is insufficient evidence to conclude that μ > 50.

Do not reject H0. There is sufficient evidence to conclude that μ > 50.     

Do not reject H0. There is insufficient evidence to conclude that μ > 50.

Reject H0. There is sufficient evidence to conclude that μ > 50.

(c) x = 51.9

Find the value of the test statistic.

State the critical values for the rejection rule. (If the test is one-tailed, enter NONE for the unused tail.)

test statistic ≤ _____

test statistic ≥ _____

State your conclusion.

Reject H0. There is insufficient evidence to conclude that μ > 50.

Do not reject H0. There is sufficient evidence to conclude that μ > 50.     

Do not reject H0. There is insufficient evidence to conclude that μ > 50.

Reject H0. There is sufficient evidence to conclude that μ > 50.

In: Statistics and Probability

You may need to use the appropriate appendix table or technology to answer this question. Consider...

You may need to use the appropriate appendix table or technology to answer this question.

Consider the following hypothesis test.

H0: μ ≤ 50
Ha: μ > 50

A sample of 60 is used and the population standard deviation is 8. Use the critical value approach to state your conclusion for each of the following sample results. Use

α = 0.05.

(Round your answers to two decimal places.)

(a)

x = 52.4

Find the value of the test statistic.

State the critical values for the rejection rule. (If the test is one-tailed, enter NONE for the unused tail.)

test statistic≤test statistic≥

State your conclusion.

Reject H0. There is insufficient evidence to conclude that μ > 50.Do not reject H0. There is insufficient evidence to conclude that μ > 50.    Reject H0. There is sufficient evidence to conclude that μ > 50.Do not reject H0. There is sufficient evidence to conclude that μ > 50.

(b)

x = 51

Find the value of the test statistic.

State the critical values for the rejection rule. (If the test is one-tailed, enter NONE for the unused tail.)

test statistic≤test statistic≥

State your conclusion.

Reject H0. There is insufficient evidence to conclude that μ > 50.Do not reject H0. There is insufficient evidence to conclude that μ > 50.    Reject H0. There is sufficient evidence to conclude that μ > 50.Do not reject H0. There is sufficient evidence to conclude that μ > 50.

(c)

x = 51.8

Find the value of the test statistic.

State the critical values for the rejection rule. (If the test is one-tailed, enter NONE for the unused tail.)

test statistic≤test statistic≥

State your conclusion.

Reject H0. There is insufficient evidence to conclude that μ > 50.Do not reject H0. There is insufficient evidence to conclude that μ > 50.    Reject H0. There is sufficient evidence to conclude that μ > 50.Do not reject H0. There is sufficient evidence to conclude that μ > 50.

In: Statistics and Probability

An industrial coal-fired boiler for process steam is equipped with a 10-year-old electrostatic precipitator (ESP). Changes...

An industrial coal-fired boiler for process steam is equipped with a 10-year-old electrostatic precipitator (ESP). Changes in coal quality have caused stack emissions to be in noncompliance with federal standards for particulate. Two mutually exclusive alternatives have been proposed to rectify this problem (doing nothing is not an option). New Baghouse: Capital investment $1,140,000, Annual operating expenses $73,200. New ESP: Capital Investment $992,500, Annual operating expenses $115,500. The life of both alternatives is 10 years, the effective tax rate is 40% and the after-tax MARR is 9%. Both alternatives qualify as seven-year MACRS (GDS) equipment. Make a recommendation regarding which alternative to select based on after-tax analysis using NPV.

In: Mechanical Engineering

7.   __________________ representation of a binary number uses the bit following (after)       the most significant...

7.   __________________ representation of a binary number uses the bit following (after)

      the most significant bit as the sign bit, making it possible to determine whether an

      integer is negative or positive.

      A). 2’s complement

      B). 1’s complement

      C). bitwise complement

      D). bitwise negation

8. To obtain the 2’s complement of a binary number, it is necessary to flip (reverse) the

      bits and ___________________________.

      A). subtract 1

      B). divide by 1

      C). complement by 1

      D). add 1

9.   An overflow condition in signed numbers has occurred when ___________________.

     A). the carry into the sign bit is different from the carry out of the sign bit

      B). the carry into the sign bit equals the carry out of the sign bit

      C). the carry into the sign bit is a multiple of 10 of the bit value on the carry out of the

            sign bit

      D). the carry into the sign bit is a negative value

10. Expresed as a series of 8 bits, the binary number that results from the addition of the

     decimal (base 10) numbers 120 and –132 is ___________________________.

      A). 00010100

      B). 01010000

      C). 11110100

      D). 00000011

11. The hexadecimal (base 16) equivalent of the binary (base 2) number 110111110111

       is _________________________.

       A). FE7

       B). DF7

       C). D0E

       D). EAD

12. In the EBCDIC collating sequence, lower case alphabetic characters ‘a’ thru ‘z’ are

      considered to _____________ in value than upper case alphabetic characters A

      thru Z.

      A). be lower

    B). be higher

      C). be equal

      D). have more precision

13. One of the inherent problems with migrating code from EBCDIC-based systems to

      ASCII-based systems is that ____________________________________________.

      A). the executable code will run slower on an ASCII-based system than on an

            EBCDIC-based system

      B). output results from sort routines and SQL queries may differ between the two

            systems depending on the specific database values being processed

      C). system performance bottlenecks will occur when the executable code runs on the

            ASCII-based system that did not exist when the executable code ran on the

            EBCDIC-based system

      D). executable code running on EBDCIC-based systems cannot be optimized to run

            faster.

14. Three common Boolean operators are _________________________________.

       A). ADD, SUBTRACT, and DIVIDE

       B). NOT, DIVIDE, and EXCLUSIVE OR

       C). NOT AND, NOT OR, and EXCLUSIVE OR

       D). AND, OR and NOT

15. When the Boolean operator __________ is applied to a Boolean expression, the result

      is the complement of the expression.

      A). NOT

      B). OR

      C). AND

      D). bitwise complement

16. The basic physical component of a computer is the __________________; the basic

       logic element is the _______________.

       A). motherboard, transistor

       B). transistor, multiplexer

       C). transistor, gate

       D). gate, transistor

17. The rules of precedence of Boolean operations are __________________________.

       A). the OR operator has highest precedence, followed by the NOT operator, then the

             AND operator

       B). the NOT operator has highest precedence, followed by the AND operator, then

             the OR operator

       C). the AND operator has the highest precedence, followed by the OR operator, then

             the NOT operator

       D). the NOT operator has highest precedence only when followed by the OR

             operator

18. A(n) ______________ is an electronic device that produces a result based on two or

      more input values.

      A). gate

      B). arithmetic logic unit

      C). transistor

      D). central processing unit

19. The output of the ________________ Boolean operation is true only when the values

      of the inputs differ.

      A). NOT AND (NAND)

      B). NOT OR (NOR)

      C). EXCLUSIVE OR (XOR)

      D). ANDOR (AOR)

In: Computer Science

A. σ = 0.4, r = 0.1, Δt = 1/52, S0 = 40. Construct a binomial...


A. σ = 0.4, r = 0.1,
Δt = 1/52, S0 = 40. Construct a binomial tree with three periods (i.e., periods 0,1 and 2. Assume that each time period is one week.) [Answer with two decimal points! i.e., 40.36]

B. Price a two week European Put option with a 41 strike by hand

In: Math

A researcher wants to study the relationship between salary and gender. She randomly selects 384 individuals...

A researcher wants to study the relationship between salary and gender. She randomly selects 384 individuals and determines their salary and gender. Can the researcher conclude that salary and gender are dependent?

Step 1 of 8: State the null and alternative hypothesis.

Step 2 of 8: Find the expected value for the number of men with an income below $25,000. Round your answer to one decimal place.

Step 3 of 8:

Find the expected value for the number of women with an income above $75,000. Round your answer to one decimal place.

Step 4 of 8:

Find the value of the test statistic. Round your answer to three decimal places.

Step 5 of 8: Find the degrees of freedom associated with the test statistic for this problem.

Step 6 of 8:

Find the critical value of the test at the 0.05 level of significance. Round your answer to three decimal places.

Step 7 of 8:

Make the decision to reject or fail to reject the null hypothesis at the 0.05 level of significance.

Step 8 of 8: State the conclusion of the hypothesis test at the 0.05 level of significance.

Income Male Female Total
Below $25,000 31 84 115
$⁢25,000-$50,000 59 45 104
$⁢50,000-$75,000 30 20 50
Above $75,000 65 50 115
Total 185 199 384

In: Statistics and Probability

The monthly value of sales for the first 3 years of a restaurant’s operation is shown...

The monthly value of sales for the first 3 years of a restaurant’s operation is shown below (values are in 1,000 USD).

Use a multiple linear regression model with dummy variables to develop an equation to account for seasonal effect in the data. (data below) ---- SHOW IN EXCEL

Month Sales
1 242
2 235
3 232
4 178
5 184
6 140
7 145
8 152
9 110
10 130
11 152
12 206
13 263
14 238
15 247
16 193
17 193
18 149
19 157
20 161
21 122
22 130
23 167
24 230
25 282
26 255
27 265
28 205
29 210
30 160
31 166
32 174
33 126
34 148
35 173

In: Statistics and Probability

Twenty laboratory mice were randomly divided into two groups of 10. Each group was fed according...

Twenty laboratory mice were randomly divided into two groups of 10. Each group was fed according to a prescribed diet. At the end of 3 weeks, the weight gained by each animal was recorded. Do the data in the following table justify the conclusion that the mean weight gained on diet B was greater than the mean weight gained on diet A, at the α = 0.05 level of significance? Assume normality. (Use Diet B - Diet A.)

Diet A 7 8 9 6 10 8 13 5 7 7
Diet B 9 13 8 21 19 8 12 7 22 12


(a) Find t. (Give your answer correct to two decimal places.)


(ii) Find the p-value. (Give your answer correct to four decimal places.)

(b) State the appropriate conclusion.

Reject the null hypothesis, there is significant evidence that diet B had a greater weight gain. Reject the null hypothesis, there is not significant evidence that diet B had a greater weight gain.     Fail to reject the null hypothesis, there is significant evidence that diet B had a greater weight gain. Fail to reject the null hypothesis, there is not significant evidence that diet B had a greater weight gain.

In: Statistics and Probability

1. Suppose a raffle costs $4 to buy a ticket. there are 100 tickets and you buy one ticket. what is your expected winning if the following prizes are awarded:

 

1. Suppose a raffle costs $4 to buy a ticket. there are 100 tickets and you buy one ticket. what is your expected winning if the following prizes are awarded: one first prize: $80 two second prizes of $40 twenty third prizes of $8

2. a student estimates that for each question of a ten question true/false test, he has about a 75% chance of getting the answer right. what are his chances of passing the test with a grade of 80 or better? Show the calculator input for your answer.

3. Mary is looking for someone with a change of $1. she estimates that each person she asks has a 25 probability of having the right change. what is the probability that Mary will have to ask at least four people in order to find one with the right change?

In: Statistics and Probability

3. LAMA Corporation, one of the largest defense contractors in the U.S., reported EBITDA of $1290...

3. LAMA Corporation, one of the largest defense contractors in the U.S., reported EBITDA of $1290 million in 1993, prior to interest expenses of $215 million and depreciation charges of $400 million. Capital Expenditures in 1993 amounted to $450 million, and working capital was 7% of revenues (which were $13,500 million). The firm had debt outstanding of $3.068 billion (in book value terms), trading at a market value of $3.2 billion, and yielding a pre-tax interest rate of 8%. There were 62 million shares outstanding, trading at $64 per share, and the most recent beta is 1.10. The tax rate for the firm is 40%. (The treasury bond rate is 7%.)
The firm expects revenues, earnings, capital expenditures and depreciation to grow at 9.5% a year from 1994 to 1998, after which the growth rate is expected to drop to 4%. (Capital spending will offset depreciation in the steady state period.) The company also plans to lower its debt/equity ratio to 50% for the steady state (which will result in the pre-tax interest rate dropping to 7.5%.)
A. Estimate the value of the firm.
B. Estimate the value of the equity in the firm and the value per share.

In: Finance