Suppose a certain magazine evaluates products for consumers. The following table contains data for 15 compact sports utility vehicles (SUVs) from a certain year.
| Vehicle | Overall Score |
Recommended | Owner Satisfaction |
Overall Miles Per Gallon |
Acceleration (0–60) Sec |
|---|---|---|---|---|---|
| SUV 1 | 82 | Yes | + | 25 | 8.9 |
| SUV 2 | 81 | Yes | ++ | 26 | 8.8 |
| SUV 3 | 79 | Yes | ++ | 23 | 9.5 |
| SUV 4 | 71 | Yes | ++ | 23 | 9.7 |
| SUV 5 | 69 | Yes | ++ | 23 | 8.8 |
| SUV 6 | 69 | Yes | + | 22 | 9.8 |
| SUV 7 | 67 | Yes | 0 | 22 | 10.3 |
| SUV 8 | 65 | No | − | 20 | 8.7 |
| SUV 9 | 63 | No | + | 24 | 10.5 |
| SUV 10 | 61 | No | 0 | 23 | 10.2 |
| SUV 11 | 61 | No | 0 | 30 | 10.3 |
| SUV 12 | 55 | No | 0 | 25 | 8.6 |
| SUV 13 | 55 | No | 0 | 21 | 7.4 |
| SUV 14 | 53 | No | − | 21 | 10.9 |
| SUV 15 | 48 | No | 0 | 23 | 10 |
(a) How many variables are in the data set?
(b) Which of the variables are categorical? (Select all that apply.)
Overall Score
Recommended
Owner Satisfaction
Overall Miles Per Gallon
Acceleration (0–60) Sec
Which of the variables are quantitative? (Select all that apply.)
Overall Score
Recommended
Owner Satisfaction
Overall Miles Per Gallon
Acceleration (0–60) Sec
(c) What percentage of these 15 vehicles are recommended? (Round your answer to the nearest percent.)
%
(d) What is the average of the overall miles per gallon across all 15 vehicles? (Round your answer to one decimal place.)
miles per gallon
(e) For owner satisfaction, construct a bar chart showing the percentage frequency for each of the owner satisfaction ratings.
A.
A graph has a horizontal axis labeled "Owner Satisfaction" and a vertical axis labeled "Percent Frequency" with values from 0 to 50. The bar graph has 5 bars. Each bar is associated with a label and an approximate value as listed below.
B.
A graph has a horizontal axis labeled "Owner Satisfaction" and a vertical axis labeled "Percent Frequency" with values from 0 to 50. The bar graph has 5 bars. Each bar is associated with a label and an approximate value as listed below.
C.
A graph has a horizontal axis labeled "Owner Satisfaction" and a vertical axis labeled "Percent Frequency" with values from 0 to 50. The bar graph has 5 bars. Each bar is associated with a label and an approximate value as listed below.
D.
A graph has a horizontal axis labeled "Owner Satisfaction" and a vertical axis labeled "Percent Frequency" with values from 0 to 50. The bar graph has 5 bars. Each bar is associated with a label and an approximate value as listed below.
(f) Show the frequency distribution for acceleration using the following intervals: 7.0–7.9, 8.0–8.9, 9.0–9.9, and 10.0–10.9. Construct a histogram showing the frequencies of each interval.
A.
A graph has a horizontal axis labeled "Acceleration (0-60) Sec" and a vertical axis labeled "Frequency" with values from 1 to 7. The bar graph has 4 bars. Each bar is associated with a label and an approximate value as listed below.
B.
A graph has a horizontal axis labeled "Acceleration (0-60) Sec" and a vertical axis labeled "Frequency" with values from 1 to 7. The bar graph has 4 bars. Each bar is associated with a label and an approximate value as listed below.
C.
A graph has a horizontal axis labeled "Acceleration (0-60) Sec" and a vertical axis labeled "Frequency" with values from 1 to 7. The bar graph has 4 bars. Each bar is associated with a label and an approximate value as listed below.
D.
A graph has a horizontal axis labeled "Acceleration (0-60) Sec" and a vertical axis labeled "Frequency" with values from 1 to 7. The bar graph has 4 bars. Each bar is associated with a label and an approximate value as listed below.
In: Statistics and Probability
In 1955, Life Magazine reported that a 25-year-old
mother of three worked, on average, an 80 hour week. Recently, many
groups have been studying whether or not the women's movement has,
in fact, resulted in an increase in the average work week for women
(combining employment and at-home work). Suppose a study was done
to determine if the mean work week has increased. 80women were
surveyed with the following results. The sample mean was 83; the
sample standard deviation was 10. Does it appear that the mean work
week has increased for women at the 5% level?
Note: If you are using a Student's t-distribution for the
problem, you may assume that the underlying population is normally
distributed. (In general, you must first prove that assumption,
though.)
1. What is the test statistic? (If using the z distribution round your answers to two decimal places, and if using the t distribution round your answers to three decimal places.)
2. What is the p-value?
p-value < 0.0100.010 < p-value < 0.050 0.050 < p-value < 0.100p-value > 0.100
Explain what the p-value means for this problem. If H0 is false, then there is a chance equal to the p-value that the average number of hours women work each week is 83 hours. or more. If
H0 is false, then there is a chance equal to the p-value that the average number of hours women work each week is not 83 hours or more. If H0 is true, then there is a chance equal to the p-value that the average number of hours women work each week is not 83 hours or more. If H0 is true, then there is a chance equal to the p-value that the average number of hours women work each week is 83 hours or more.
3. Sketch a picture of this situation. Label and scale the horizontal axis and shade the region(s) corresponding to the p-value.
4. Indicate the correct decision ("reject" or "do not reject" the null hypothesis), the reason for it, and write an appropriate conclusion.
(i) Alpha (Enter an exact number as an integer, fraction, or
decimal.)
α =
(ii) Decision:
reject the null hypothesisdo not reject the null hypothesis
(iii) Reason for decision:
Since α < p-value, we reject the null hypothesis.Since α > p-value, we do not reject the null hypothesis. Since α < p-value, we do not reject the null hypothesis.Since α > p-value, we reject the null hypothesis.
(iv) Conclusion:
There is sufficient evidence to conclude that the average number of hours women work each week is more than 80 hours.There is not sufficient evidence to conclude that the average number of hours women work each week is more than 80 hours
4. Construct a 95% confidence interval for the true mean. Sketch the graph of the situation. Label the point estimate and the lower and upper bounds of the confidence interval. (Round your lower and upper bounds to two decimal places.)
In: Statistics and Probability
A magazine subscriber study asked, "In the past 12 months, when traveling for business, what type of airline ticket did you purchase most often?" A second question asked if the type of airline ticket purchased most often was for domestic or international travel. Sample data obtained are shown in the following table.
| Type of Ticket | Type of Flight | |
|---|---|---|
| Domestic | International | |
| First class | 26 | 19 |
| Business class | 98 | 124 |
| Economy class | 518 | 135 |
(a)
Using a 0.05 level of significance, is the type of ticket purchased independent of the type of flight?
State the null and alternative hypotheses.
H0: The type of ticket purchased is not
independent of the type of flight.
Ha: The type of ticket purchased is independent
of the type of flight.
H0: The type of ticket purchased is not
mutually exclusive from the type of flight.
Ha: The type of ticket purchased is mutually
exclusive from the type of flight.
H0: The type of ticket purchased is
independent of the type of flight.
Ha: The type of ticket purchased is not
independent of the type of flight.
H0: The type of ticket purchased is mutually
exclusive from the type of flight.
Ha: The type of ticket purchased is not
mutually exclusive from the type of flight.
Find the value of the test statistic. (Round your answer to three decimal places.)
I came up with 100.484 but this is incorrect
Find the p-value. (Round your answer to four decimal places.)
p-value =
State your conclusion.
Do not reject H0. We cannot conclude that the type of ticket purchased and the type of flight are independent.
Reject H0. We conclude that the type of ticket purchased is independent of the type of flight.
Do not reject H0. We cannot conclude that the type of ticket purchased and the type of flight are not independent.
Reject H0. We conclude that the the type of ticket purchased is not independent of the type of flight.
(b)
Discuss any dependence that exists between the type of ticket and type of flight.
A higher percentage of first class and business class tickets are purchased for international flights compared to domestic flights. Economy class tickets are purchased more for domestic flights.
A lower percentage of economy class tickets are purchased for domestic flights compared to international flights. First class and business class tickets are purchased more for domestic flights.
A higher percentage of first class and business class tickets are purchased for domestic flights compared to international flights. Economy class tickets are purchased more for international flights.
The type of ticket purchased is independent of the type of flight.
In: Statistics and Probability
Three media options are available to Kernan Services Corporation: radio, TV, and magazine. The following table provides the important information.
| Medium Cost/ad | Exposure Value/ad | Min Units | Max Units | |
| Radio | $500 | 2000 | 0 | 15 |
| TV | $2000 | 4000 | 10 | no max |
| Magazines | $250 | 2700 | 6 | 23 |
The exposure value is the measure of the number of people exposed to the advertisement and is derived from market research studies. The company would like to achieve a total exposure value of at least 90,000. Note that advertisements must be bought in whole numbers. What is the minimum cost that can achieve this goal?
In: Operations Management
A magazine subscriber study asked, "In the past 12 months, when traveling for business, what type of airline ticket did you purchase most often?" A second question asked if the type of airline ticket purchased most often was for domestic or international travel. Sample data obtained are shown in the following table.
| Type of Ticket | Type of Flight | |
|---|---|---|
| Domestic | International | |
| First class | 29 | 22 |
| Business class | 93 | 119 |
| Economy class | 520 | 137 |
(a)Using a 0.05 level of significance, is the type of ticket purchased independent of the type of flight?
State the null and alternative hypotheses.
H0: The type of ticket purchased is not
independent of the type of flight.
Ha: The type of ticket purchased is independent
of the type of flight.H0: The type of ticket
purchased is not mutually exclusive from the type of flight.
Ha: The type of ticket purchased is mutually
exclusive from the type of
flight. H0: The type of
ticket purchased is independent of the type of flight.
Ha: The type of ticket purchased is not
independent of the type of flight.H0: The type
of ticket purchased is mutually exclusive from the type of
flight.
Ha: The type of ticket purchased is not
mutually exclusive from the type of flight.
Find the value of the test statistic. (Round your answer to three decimal places.)
Please explain how to get test statistic on excel and by hand.
Find the p-value. (Round your answer to four decimal places.)
Please explain how to get test statistic on excel or by hand.
p-value =
State your conclusion.
Reject H0. We conclude that the type of ticket purchased is independent of the type of flight.
Do not reject H0. We cannot conclude that the type of ticket purchased and the type of flight are independent.
Do not reject H0. We cannot conclude that the type of ticket purchased and the type of flight are not independent.
Reject H0. We conclude that the the type of ticket purchased is not independent of the type of flight.
(b)
Discuss any dependence that exists between the type of ticket and type of flight.
The type of ticket purchased is independent of the type of flight.
A higher percentage of first class and business class tickets are purchased for international flights compared to domestic flights. Economy class tickets are purchased more for domestic flights.
A higher percentage of first class and business class tickets are purchased for domestic flights compared to international flights. Economy class tickets are purchased more for international flights.
A lower percentage of economy class tickets are purchased for domestic flights compared to international flights. First class and business class tickets are purchased more for domestic flights.
In: Math
A magazine subscriber study asked, "In the past 12 months, when traveling for business, what type of airline ticket did you purchase most often?" A second question asked if the type of airline ticket purchased most often was for domestic or international travel. Sample data obtained are shown in the following table.
| Type of Ticket | Type of Flight | |
|---|---|---|
| Domestic | International | |
| First class | 29 | 22 |
| Business class | 97 | 123 |
| Economy class | 516 | 133 |
(a)
Using a 0.05 level of significance, is the type of ticket purchased independent of the type of flight?
State the null and alternative hypotheses.
H0: The type of ticket purchased is not
independent of the type of flight.
Ha: The type of ticket purchased is independent
of the type of flight.
H0: The type of ticket purchased is
independent of the type of flight.
Ha: The type of ticket purchased is not
independent of the type of
flight.
H0: The type of ticket purchased is not
mutually exclusive from the type of flight.
Ha: The type of ticket purchased is mutually
exclusive from the type of flight.
H0: The type of ticket purchased is mutually
exclusive from the type of flight.
Ha: The type of ticket purchased is not
mutually exclusive from the type of flight.
Find the value of the test statistic. (Round your answer to three decimal places.)
Find the p-value. (Round your answer to four decimal places.)
p-value =
State your conclusion.
Reject H0. We conclude that the the type of ticket purchased is not independent of the type of flight.
Do not reject H0. We cannot conclude that the type of ticket purchased and the type of flight are not independent.
Do not reject H0. We cannot conclude that the type of ticket purchased and the type of flight are independent.
Reject H0. We conclude that the type of ticket purchased is independent of the type of flight.
(b)
Discuss any dependence that exists between the type of ticket and type of flight.
A higher percentage of first class and business class tickets are purchased for domestic flights compared to international flights. Economy class tickets are purchased more for international flights.
The type of ticket purchased is independent of the type of flight.
A higher percentage of first class and business class tickets are purchased for international flights compared to domestic flights. Economy class tickets are purchased more for domestic flights.
A lower percentage of economy class tickets are purchased for domestic flights compared to international flights. First class and business class tickets are purchased more for domestic flights.
In: Math
Research newspaper or magazine articles related to crime using the print or online news media.
Select two articles or news stories and apply at least two theories from the biological, psychological, and/or sociological perspectives to each article or news story.
Write an analysis of each article or news story addressing the following:
What is the purpose of the story as you perceive it?
How is crime or criminal justice portrayed?
What feelings or reactions are evoked in you by the article?
How would you explain the reported criminal behavior using the two theories you selected? Explain your choice of theory.
Give complete citation for the selected article and include a digital copy if possible.
In: Psychology
2)The Spurling Group is considering using magazine outlets to advertise their online Web site. The company has identified seven publishers. Each publisher breaks down its subscriber base into a number of groups based on demographics and location. These data are shown in the following table:
|
Publisher |
Group |
Subscribers/Group |
Cost/Group |
|
A |
5 |
460,000 |
$ 1,560.00 |
|
B |
10 |
50,000 |
$ 290.00 |
|
C |
4 |
225,000 |
$ 1,200.00 |
|
D |
20 |
24,000 |
$ 130.00 |
|
E |
5 |
1,120,000 |
$ 2,500.00 |
|
F |
1 |
1,700,000 |
$ 7,000.00 |
|
G |
2 |
406,000 |
$ 1,700.00 |
The company has set a budget of $25,000 for advertising and wants to maximize the number of subscribers exposed to their ads. However, publishers B and D are competitors and only one of these may be chosen. A similar situation exists with publishers C and G.
Formulate and solve an integer optimization model to determine which publishers to select and how many groups to purchase for each publisher.
In: Operations Management
|
Sales of People magazine are compared over a 5-week period at four Borders outlets in Chicago. |
| Weekly Sales | |||
| Store 1 | Store 2 | Store 3 | Store 4 |
| 103 | 98 | 89 | 105 |
| 104 | 77 | 94 | 117 |
| 105 | 83 | 75 | 86 |
| 112 | 82 | 104 | 104 |
| 114 | 98 | 91 | 98 |
|
Fill in the missing data. (Round your p-value to 4 decimal places, mean values to 1 decimal place, and other answers to 3 decimal places.) |
| Treatment | Mean | n | Std. Dev |
| Store 1 | |||
| Store 2 | |||
| Store 3 | |||
| Store 4 | |||
| Total | |||
| One-Factor ANOVA | |||||
| Source | SS | df | MS | F | p-value |
| Treatment | |||||
| Error | |||||
| Total | |||||
| (a) | Based on the given hypotheses choose the correct option. |
| H0: μ1 = μ2 = μ3 = μ4 | |
| H1: Not all the means are equal | |
| α = 0.05 | |
| |
|
|
| (b) | Determine the value of F. (Round your answer to 2 decimal places.) |
| F-value |
| (c) |
On the basis of the above-determined values, choose the correct decision from below. |
|
| (d) | Determine the p-value. (Round your answer to 4 decimal places.) |
| p-value |
In: Math
ACC1111- homework
Read chapters 6 and 7. Answer the illustrative problem on page 316,
only answer part 1 and omit the entry for May 25th.
Illustrative problem page 316
The following transactions were completed by Montrose
Company during May of the current year. Montrose Company uses a
perpetual inventory system.
May
3.Purchased merchandise on account from Floyd Co., $4,000, terms
FOB shipping point, 2/10, n/30, with prepaid freight of $120 added
to the invoice.
4. Purchased merchandise on account from Kramer Co., $8,500, terms FOB destination, 1/10, n/30.
5. Sold merchandise on account to C. F. Howell Co., list price $4,000, trade discount 30%, terms 2/10, n/30. The cost of the merchandise sold was $1,125.
8. Purchased office supplies for cash, $150.
10. Returned merchandise purchased on May 5 from Kramer Co., $1,300.
13. Paid Floyd Co. on accouthe nt for purchase of May 3.
14. Purchased merchandise for cash, $10,500.
15. Paid Kramer Co. on accouthe for purchase of May 5, less return of May 10.
16. Received cash on account from sale of May 6 to C. F. Howell Co.
19. Sold merchandise on MasterCard credit cards, $2,450. The cost merchandisen- dise sold was $980.
22. Sold merchandise for cash to Comer Co., $3,480. The cost of the merchandise sold was $1,400.
24. Sold merchandise on account to Smith Co., $4,350, terms n/30. The cost of the merchandise sold was $1,750.
25. Refunded Comer Co. $1,480 for returned merchandise from sale on May 22. The cost of the returned merchandise was $600.
31. Paid a service processing fee of $140 for MasterCard sales.
Instructions
1. Journalize the preceding transactions.
2. Journalize the adjusting entry for merchandise inventory shrinkage, $3,750.
3. Journalize the adjusting entries for estimated
customer refunds and returns. Assume that sales of $3,000 are
estimated to be refunded and inventory costing $1,800 is estimated
to be returned.
In: Accounting