Recall from Example 1 that whenever Suzan sees a bag of marbles, she grabs a handful at random. She has seen a bag containing three red marbles, five green ones, two white ones, and two purple ones. She grabs seven of them. Find the probability of the following event, expressing it as a fraction in lowest terms. HINT [See Example 1.]
She has all the red ones.
Recall from Example 1 that whenever Suzan sees a bag of marbles, she grabs a handful at random. She has seen a bag containing three red marbles, three green ones, four white ones, and three purple ones. She grabs eight of them. Find the probability of the following event, expressing it as a fraction in lowest terms. HINT [See Example 1.]
She has at least one green one
Recall from Example 1 that whenever Suzan sees a bag of marbles, she grabs a handful at random. She has seen a bag containing four red marbles, three green ones, four white ones, and two purple ones. She grabs five of them. Find the probability of the following event, expressing it as a fraction in lowest terms. HINT [See Example 1.]
She has two red ones and one of each of the other colors.
In: Advanced Math
Forty architecture students were each asked to judge 5
different building structures. The response variable of
interest
is the judge's overall satisfaction (SAT), where a higher
score
is better. We wish to compare the mean satisfaction rating
across
the five buildings, so the factor of interest is BLDG.
USE R OR SAS TO SOLVE THE PROBLEMS. PLEASE INCLUDE YOUR CODE TO GET THE ANSWER.
I am not sure how the data is not understandable. Literally take the data plug it into r or sas to get the answers. SUBJ - this is one of the fourty testers. BLDG - this is what building model they rated. SAT - is there rating of said building.
(a) Why does it make sense to use the judge (denoted SUBJ in
the
data set) as a blocking variable? Why should we treat this
block
as a random effect?
(b) Analyze the data as a RBD, where SAT is the response, BLDG
is
the treatment factor, and SUBJ is the block. Based on the
appropriate
F-test, is there a significant difference in mean satisfaction
rating
across the five buildings? NOTE: Use a 0.10 significance level.
(c) Based on the appropriate F-test, is there significant
variation
among the judges? NOTE: Use a 0.10 significance level.
(d) Of particular interest to the investigators is whether the
mean
satisfaction for building 1 differs significantly from the mean
satisfaction
for the other four buildings. Use an ESTIMATE statement to test
the
appropriate contrast here. NOTE: Use a 0.10 significance level.
data buildings; input SUBJ BLDG SAT; cards; 1 1 2 1 2 5 1 3 6 1 4 5 1 5 7 2 1 5 2 2 6 2 3 6 2 4 7 2 5 4 3 1 4 3 2 7 3 3 3 3 4 6 3 5 7 4 1 6 4 2 4 4 3 7 4 4 5 4 5 7 5 1 2 5 2 6 5 3 4 5 4 7 5 5 5 6 1 4 6 2 6 6 3 7 6 4 5 6 5 3 7 1 7 7 2 5 7 3 5 7 4 7 7 5 4 8 1 3 8 2 7 8 3 6 8 4 7 8 5 6 9 1 6 9 2 7 9 3 8 9 4 6 9 5 3 10 1 5 10 2 3 10 3 3 10 4 5 10 5 6 11 1 3 11 2 6 11 3 4 11 4 4 11 5 3 12 1 3 12 2 6 12 3 7 12 4 5 12 5 3 13 1 4 13 2 1 13 3 7 13 4 1 13 5 6 14 1 4 14 2 6 14 3 8 14 4 5 14 5 1 15 1 4 15 2 4 15 3 4 15 4 5 15 5 5 16 1 8 16 2 5 16 3 9 16 4 9 16 5 5 17 1 5 17 2 5 17 3 6 17 4 7 17 5 5 18 1 5 18 2 4 18 3 6 18 4 6 18 5 6 19 1 2 19 2 5 19 3 6 19 4 2 19 5 8 20 1 2 20 2 8 20 3 7 20 4 8 20 5 2 21 1 8 21 2 8 21 3 8 21 4 8 21 5 3 22 1 5 22 2 4 22 3 4 22 4 3 22 5 5 23 1 6 23 2 6 23 3 6 23 4 6 23 5 4 24 1 3 24 2 5 24 3 8 24 4 5 24 5 6 25 1 6 25 2 2 25 3 5 25 4 7 25 5 6 26 1 2 26 2 7 26 3 4 26 4 7 26 5 2 27 1 7 27 2 7 27 3 7 27 4 7 27 5 7 28 1 8 28 2 5 28 3 5 28 4 6 28 5 3 29 1 2 29 2 6 29 3 7 29 4 4 29 5 5 30 1 1 30 2 5 30 3 5 30 4 6 30 5 6 31 1 9 31 2 7 31 3 8 31 4 2 31 5 8 32 1 6 32 2 9 32 3 1 32 4 8 32 5 4 33 1 2 33 2 6 33 3 8 33 4 9 33 5 8 34 1 8 34 2 4 34 3 3 34 4 3 34 5 9 35 1 2 35 2 7 35 3 2 35 4 9 35 5 2 36 1 2 36 2 9 36 3 1 36 4 8 36 5 3 37 1 7 37 2 2 37 3 3 37 4 3 37 5 6 38 1 3 38 2 7 38 3 3 38 4 2 38 5 2 39 1 3 39 2 3 39 3 5 39 4 3 39 5 3 40 1 9 40 2 5 40 3 8 40 4 7 40 5 8 ; run;
In: Statistics and Probability
Beckman Engineering and Associates (BEA) is considering a change in its capital structure. BEA currently has $20 million in debt carrying a rate of 7%, and its stock price is $40 per share with 2 million shares outstanding. BEA is a zero growth firm and pays out all of its earnings as dividends. The firm's EBIT is $15.368 million, and it faces a 40% federal-plus-state tax rate. The market risk premium is 4%, and the risk-free rate is 5%. BEA is considering increasing its debt level to a capital structure with 35% debt, based on market values, and repurchasing shares with the extra money that it borrows. BEA will have to retire the old debt in order to issue new debt, and the rate on the new debt will be 8%. BEA has a beta of 1.0.
| Beta | |
| Cost of equity | % |
In: Finance
1. The Governmental Accounting Standards Board has established rules for determining when a government should include another entity in its financial statements.
2. Distinguish between a primary government and a component unit. Include one example of each.
3. GASB permits two methods of reporting component units in the financial reporting entity. Describe the two methods and indicate when each should be used.
4. The City of X is deciding whether or not to include a transit system in its financial report and how the transit system would be reported if a positive decision were made. The transit system is a legally separate entity, has its own governing board, not appointed by the city, has a different auditor, and issues its own financial report. The city has signed an agreement that, for the next ten years (the life of a bond issue related to transit operations), it will make up the deficit of the transit system. During the last two years, the deficit has been $10 million, approximately 50% of the amount reported as a profit of its other enterprise operations. Make recommendations to the city, including whether or not to include the transit system and, if so, how to report it.
list references
In: Accounting
Provide complete answers to the following on Governmental Reporting Entities:
1) The Governmental Accounting Standards Board has established rules for determining when a government should include another entity in its financial statements.
2) Distinguish between a primary government and a component unit. Include one example of each.
3) GASB permits two methods of reporting component units in the financial reporting entity. Describe the two methods and indicate when each should be used.
4) The City of X is deciding whether or not to include a transit system in its financial report and how the transit system would be reported if a positive decision were made. The transit system is a legally separate entity, has its own governing board, not appointed by the city, has a different auditor, and issues its own financial report. The city has signed an agreement that, for the next ten years (the life of a bond issue related to transit operations), it will make up the deficit of the transit system. During the last two years, the deficit has been $10 million, approximately 50% of the amount reported as a profit of its other enterprise operations. Make recommendations to the city, including whether or not to include the transit system and, if so, how to report it.
In: Accounting
Option #2: Governmental Reporting Entities
Instructions:
Provide complete answers to the following:
The Governmental Accounting Standards Board has established rules for determining when a government should include another entity in its financial statements.
Distinguish between a primary government and a component unit. Include one example of each.
GASB permits two methods of reporting component units in the financial reporting entity. Describe the two methods and indicate when each should be used.
The City of X is deciding whether or not to include a transit system in its financial report and how the transit system would be reported if a positive decision were made. The transit system is a legally separate entity, has its own governing board, not appointed by the city, has a different auditor, and issues its own financial report. The city has signed an agreement that, for the next ten years (the life of a bond issue related to transit operations), it will make up the deficit of the transit system. During the last two years, the deficit has been $10 million, approximately 50% of the amount reported as a profit of its other enterprise operations. Make recommendations to the city, including whether or not to include the transit system and, if so, how to report it.
In: Accounting
You want to quantitatively match the suspect car colour to car paints from different car manufacturers. You have visually matched two samples from a range of “touch-up” colours at an auto supply store.
(iv) Discuss the spectroscopic method you will use to compare the colours of the two paint samples. What experimental parameters are essential to keep consistent when performing a comparative quantitative test? (Graduate Capabilities - Chemistry knowledge & skills; Inquiry /Research)
In: Chemistry
A project with an up-front cost at t=0 of $1500 is being considered by Nationwide Pharmaceutical Corporation (NPC). (All dollars in this problem are in thousands.) The project’s subsequent cash flows are critically dependent on whether a competitor’s product that is now under development is approved by the Food and Drug Administration. If the FDA rejects the competitive product upon the completion of its development, NPC’s product will have high sales and cash flows, but if the competitive product is approved, that will negatively impact NPC. There is a 75% chance that the competitive product will be rejected, in which case NPC’s expected cash flows will be $550 at the end of each of the next seven years (t = 1 to 7). There is a 25% chance that the competitor’s product will be approved, in which case the expected cash flows will be only $20 at the end of each of the next seven years (t = 1 to 7). NPC will know only sometime later whether the competitor’s product is going to be approved.
NPC will proceed with the investment today to take advantage of the untapped market potential and at the end of the project’s life, after finding out about the FDA’s decision about the demand for competitor’s product, they will decide whether or not to renew the patent and rerun the project. The project rerun’s up- front cost (at t = 7) will remain at $1,500, and the subsequent cash flows will remain unchanged and will be received for seven additional years (t = 8 ... 14). They will only rerun the project if the rerun of the project adds value.
Assuming that all cash flows are discounted at 10%, what is the NPV of the project with and without the growth option?
In: Finance
2. A project with an up-front cost at t=0 of $1500 is being considered by Nationwide Pharmaceutical Corporation (NPC). (All dollars in this problem are in thousands.) The project’s subsequent cash flows are critically dependent on whether a competitor’s product that is now under development is approved by the Food and Drug Administration. If the FDA rejects the competitive product upon the completion of its development, NPC’s product will have high sales and cash flows, but if the competitive product is approved, that will negatively impact NPC. There is a 75% chance that the competitive product will be rejected, in which case NPC’s expected cash flows will be $550 at the end of each of the next seven years (t = 1 to 7). There is a 25% chance that the competitor’s product will be approved, in which case the expected cash flows will be only $20 at the end of each of the next seven years (t = 1 to 7). NPC will know only sometime later whether the competitor’s product is going to be approved.
NPC will proceed with the investment today to take advantage of the untapped market potential and at the end of the project’s life, after finding out about the FDA’s decision about the demand for competitor’s product, they will decide whether or not to renew the patent and rerun the project. The project rerun’s upfront cost (at t = 7) will remain at $1,500, and the subsequent cash flows will remain unchanged and will be received for seven additional years (t = 8 ... 14). They will only rerun the project if the rerun of the project adds value.
Assuming that all cash flows are discounted at 10%, what is the NPV of the project with and without the growth option?
In: Finance
The following data for Throwback Industries Inc. relate to the payroll for the week ended December 9, 2016: Employee Hours Worked Hourly Rate Weekly Salary Federal Income Tax U.S. Savings Bonds Aaron 43 $70 $689.44 $120 Cobb 43 58 539.92 130 Clemente 45 64 668.44 140 DiMaggio 39 52 377.80 0 Griffey, Jr. 48 64 749.08 150 Mantle $1,700 317.45 140 Robinson 38 53 387.32 150 Williams 2,100 426.24 145 Vaughn 48 64 770.08 60 Employees Mantle and Williams are office staff, and all of the other employees are sales personnel. All sales personnel are paid 1½ times the regular rate for all hours in excess of 40 hours per week. The social security tax rate is 6.0%, and Medicare tax is 1.5% of each employee’s annual earnings. The next payroll check to be used is No. 901. Required: 1. Prepare a payroll register for Throwback Industries Inc. for the week ended December 9, 2016. Assume the normal working hours in a week are 40 hours. Enter amounts as positive numbers and round your intermediate calculations and final answers to the nearest whole cent (two decimal places). 2. Journalize the entry to record the payroll for the week. If required, round your answers to two decimal places. Refer to the Chart of Accounts for exact wording of account titles.
In: Accounting