Questions
10) A random sample of 13 students were asked how long it took them to complete...

10) A random sample of 13 students were asked how long it took them to complete a certain exam. The mean length of time was 120.1 minutes, with a standard deviation of 84.0 minutes. Find the lower bound of the 90% confidence interval for the true mean length of time it would take for all students to complete the exam.

Round to one decimal place (for example: 108.1). Write only a number as your answer. Do not write any units.

11) For a population of people who completed their GED, the average age at completion was 31.8 and the standard deviation was 4.6. The distributions of ages was approximately bell-shaped. Compute the z-score for an individual who completed their GED at the age of 20 .

Write only a number as your answer. Round your answer to two decimal places (for example: 3.15).

In: Statistics and Probability

A starting lineup in basketball consists of two guards, two forwards, and a center. (a) A...

A starting lineup in basketball consists of two guards, two forwards, and a center. (a) A certain college team has on its roster three centers, five guards, three forwards, and one individual (X) who can play either guard or forward. How many different starting lineups can be created? [Hint: Consider lineups without X, then lineups with X as guard, then lineups with X as forward.] Correct: Your answer is correct. lineups (b) Now suppose the roster has 3 guards, 5 forwards, 3 centers, and 2 "swing players" (X and Y) who can play either guard or forward. If 5 of the 13 players are randomly selected, what is the probability that they constitute a legitimate starting lineup? (Round your answer to three decimal places.)

In: Math

Umbrella Corporation maintains computer equipment and provides consulting services in 10 states and 15 countries. The...

Umbrella Corporation maintains computer equipment and provides consulting services in 10 states and 15 countries. The corporation has a fleet of 4 Corporate jets and 3 Helicoptors and employs 6 full time pilots who receive salary and benefits. The most appropriate way to allocate the total cost of the corporate jets, helicopters, and pilots to individual user departments who travel worldwide to provide consulting service to clients would be:

a. number of employees in each department

b. number of trips taken by each department

c. number of miles flown by each department

d. sales revenue generated by each user department.

Comments:

- Can you explain why Answer C would be the correct answer? I would appreciate it.

- This is a created example that complies with Chegg's honor code.

In: Accounting

2.3) A starting lineup in basketball consists of two guards, two forwards, and a center. (a)...

2.3) A starting lineup in basketball consists of two guards, two forwards, and a center.

(a) A certain college team has on its roster four centers, four guards, three forwards, and one individual (X) who can play either guard or forward. How many different starting lineups can be created? [Hint: Consider lineups without X, then lineups with X as guard, then lineups with X as forward.]

(b) Now suppose the roster has 4 guards, 5 forwards, 4 centers, and 2 "swing players" (X and Y) who can play either guard or forward. If 5 of the 15 players are randomly selected, what is the probability that they constitute a legitimate starting lineup? (Round your answer to three decimal places.)

In: Math

17. Height of Men and Women in the U.S. Women: μ= 64 inches , σ =...

17. Height of Men and Women in the U.S. Women: μ= 64 inches , σ = 3.5 Men: μ= 70 inches , σ = 4

a. calculate the z score that corresponds to a women height of 68 inches.

b. state the percentile ranking for that score.

c. for both women and men in the US, calculate the z score and raw score (in inches) that separates the tallest 2.5% from the 97.5% of scores below.  

d. for both women and men in the US, calculate the z score and raw score in inches, that separates the shortest 2.5% of the population from the other 97.5%

f. What percent of women and men in the US have heights between the two z scores you calculated to answer questions c and d ?

In: Statistics and Probability

A 25 year old unmarried female reports having a positive home pregnancy test and estimates that...

A 25 year old unmarried female reports having a positive home pregnancy test and estimates that it has been approximately twelve weeks since her last menstrual period. She and her family work in the agricultural industry and much of her time is spent in the greenhouse or in the fields, where she uses pesticides and fertilizers. This individual is 5’7 and weighs 165lbs; blood pressure is 140/80 mmHg. She has a family history of diabetes and pre eclampsia. She holds a guest worker (H2A) visa for the state of Florida and has health insurance through the Affordable Care Act. She reported her pregnancy to her supervisor and asked to be moved to another area of the farm, away from the use of chemicals. Her supervisor refused to relocate her, indicating he had no other openings on the farm. She is a devout Muslim who has declined to inform the potential father, a devout Catholic, of the pregnancy. No other members of her family (her mother, father and younger sister) are aware of her condition.

1. What social challenges does this individual face?

2.What are her religious obligations in regards to her pregnancy and does she have a moral obligation to notify the potential father?

3. If the pregnancy is unwanted, what choices does she have?

4. What areas of social support might she access?

In: Nursing

true or false ‏____ 5. One key value of limited liability is that it lowers owners'...

true or false
‏____ 5. One key value of limited liability is that it lowers owners' risks and thereby enhances a firm's value.
‏____ 6. If a firm's goal is to maximize its earnings per share, this is the best way to maximize the price of the common stock and thus shareholders' wealth.
‏____ 7. If Firm A's business is to obtain savings from individuals and then invest them in financial assets issued by other firms or individuals, Firm A is a financial intermediary.
‏____ 8. If an individual investor buys or sells a currently outstanding stock through a broker, this is a primary market transaction.
‏____ 9. Recently, Hale Corporation announced the sale of 2.5 million newly issued shares of its stock at a price of $21 per share. Hale sold the stock to an investment banker, who in turn sold it to individual and institutional investors. This is a primary market transaction.
‏____ 10. One of the functions of NYSE specialists is to facilitate trading by keeping an inventory of shares of the stocks in which they specialize, buying when investors want to sell and selling when they want to buy. They change the bid and ask prices of the securities so as to keep supply and demand in balance.
‏____ 11. The disadvantages associated with a proprietorship are similar to those under a partnership. One exception relates to the more formal nature of the partnership agreement and the commitment of all partners' personal assets. As a result, partnerships do not have difficulty raising large amounts of capital.
‏____ 12. The facts that a proprietorship, as a business, pays no corporate income tax, and that it is easily and inexpensivel

In: Finance

ABC Limited is a family owned business that has been in operation for the past ten...

ABC Limited is a family owned business that has been in operation for the past ten years. The
company based in Kabwe manufactures one product: desks.
ABC limited Managing Director, Mr. Aubrey Bwalwa Chuungu has been away on a business trip
to China for the past three months. He is worried that the current outbreak of the Corona virus
and the subsequent restrictions imposed on commerce by the Zambian government may have had
adverse financial consequences for the company.
You are the Management Accountant of ABC Limited.
On his return, Mr. Chuungu , who is a non-finance specialist, has requested a financial review of
the company’s financial performance for the last month , May 2020 in order to put his fears to
rest.
You have just received an email from Mr. Chuungu to conduct a financial performance analysis
for the month May, 2020.
You have retrieved the following computer printout from the company’s management accounts
for the month of May, 2020:
Actual Budget
Sales volume 4,900 units 5,000 units
Selling price per unit K11.00 K10.00
Production volume 5,400 units 5,000 units
Direct materials:
Quantity 10,600 kg 10,000 kg
Price per kg K0.60 K0.50
Direct labour:
Hours 2,970 2,500
Rate per hour K3.80 K4.00
3
Fixed overheads:
Production K10, 300 K10, 000
Administration K3,100 K3,000
ABC Limited uses a standard absorption costing system, absorbing overheads into products
using labour hours.
There was no opening or closing work-in-progress for the month of May,2020.
Required:
(a) Prepare a statement that reconciles the budgeted profit with the actual profit for the
month of May, 2020, showing individual variances in as much detail as possible.

In: Accounting

There is much concern raised today regarding the level of national debt in the US. Considering...

There is much concern raised today regarding the level of national debt in the US. Considering this, and the continuing use of fiscal policy, is the US at risk for hyperinflation? What are the implications for the macro-economy? For industry? How might globalization and global conflict contribute or ease the potential impacts?

please refer from the textbook MACROECONOMICS by N Gregory Mankiw

In: Economics

Problem 2: Jonah and the Whale Jonah, Inc. has two operating divisions in a decentralized structure....

Problem 2: Jonah and the Whale

Jonah, Inc. has two operating divisions in a decentralized structure. Division X is located in the US and produces the Xwater, which is an input to Division Y’s WhaleY. Division Y is located in the South of France. Division X uses idle capacity to produce Xwater. Xwater has a US domestic market price of $60. Its variable costs are $25 per unit. Jonah’s US tax rate is 40% of income. In addition to the transfer price for each Xwater received from Division X, Division Y also pays a shipping fee of $15 per unit ofXwater to get the Xwater from the US to France. The WhaleY costs an additional $10 to produce and sells for an equivalent of $115. Division Y could purchase Xwater from a Paris supplier for $50 per unit with no shipping cost. The company’s French tax rate is 70% of income. Assume French tax laws permit transferring at either variable cost or market price.

Assuming you have two choices – Variable and Market Price – what transfer price is economically optimal for Jonah, Inc.?

In: Accounting