(Compound value) Stanford Simmons, who recently sold his
Porsche, placed $8,400 in a savings account paying annual compound
interest of 7 percent.
a. Calculate the amount of money that will have accrued if he
leaves the money in the bank for 2, 5, and 15 years.
b. If he moves his money into an account that pays 9 percent or one
that pays 11 percent, rework part (a) using these new interest
rates.
c. What conclusions can you draw about the relationship between
interest rates, time, and future sums from the calculations you
have completed in this problem?
(Future value) Giancarlo Stanton hit 3434 home runs in 2014. If his home-run output grew at a rate of 1313 percent per year, what would it have been over the following 5 years?
a. Giancarlo Stanton hit 3434 home runs in 2014. If his home-run output grew at a rate of 1313 percent per year, what would it have been in 2015?
In: Finance
The given data values below are a sample of times (in hours) that Mickey runs to train for a half marathon. 2.47 0.51 1.33 0.75 2.29 1.80 2.00
What is the variance? Round to three decimal places.
What is the median? Give answer to two decimal places.
What is the standard deviation? Round to three decimal places.
What is the minimum?
What is the mean? Round to three decimal places.
What is the third quartile (Q3)? Give answer to two decimal places.
What is the interquartile range (IQR)? Give answer to two decimal places.
What is the maximum?
What is the sample size?
What is the first quartile (Q1)? Give answer to two decimal places.
What is the range? Give answer to two decimal places.
In: Statistics and Probability
A market researcher believes that brand perception of one of the company's products may vary between different groups. After interviewing 214 persons, the following data was compiled. Can we conclude that brand perception is dependent on age?
Age Favorable Unfavorable Neutral Total
18-30 45 17 15 77
30-45 40 13 15 68
Over 45 40 14 15 69
Total 125 44 45 214
Step 6 of 8 :
Find the critical value of the test at the 0.01 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 0.01 level of significance.
Step 8 of 8: State the conclusion of the hypothesis test at the 0.01 level of significance.
In: Statistics and Probability
| Sales (Y) | Calls (X1) | Time (X2) | Years (X3) | Type |
| 20 | 210 | 8.0 | 1 | NONE |
| 32 | 139 | 16.9 | 4 | NONE |
| 44 | 165 | 15.7 | 3 | ONLINE |
| 47 | 186 | 13.5 | 3 | ONLINE |
| 41 | 180 | 14.0 | 2 | ONLINE |
| 35 | 150 | 13.0 | 4 | ONLINE |
| 32 | 120 | 19.9 | 3 | NONE |
| 46 | 172 | 14.7 | 3 | GROUP |
| 42 | 161 | 13.2 | 1 | GROUP |
| 33 | 143 | 15.4 | 3 | NONE |
| 42 | 181 | 11.5 | 4 | ONLINE |
| 55 | 160 | 17.0 | 3 | NONE |
| 42 | 140 | 17.5 | 2 | GROUP |
| 41 | 198 | 13.2 | 2 | ONLINE |
| 41 | 149 | 17.3 | 0 | ONLINE |
| 44 | 168 | 11.0 | 5 | ONLINE |
| 36 | 121 | 18.0 | 2 | NONE |
| 30 | 125 | 11.0 | 5 | ONLINE |
| 38 | 135 | 18.5 | 1 | GROUP |
| 21 | 185 | 18.9 | 2 | ONLINE |
| 67 | 155 | 17.9 | 1 | NONE |
| 45 | 149 | 13.5 | 1 | ONLINE |
| 52 | 193 | 13.7 | 5 | ONLINE |
| 37 | 159 | 18.1 | 0 | NONE |
| 33 | 152 | 15.0 | 3 | GROUP |
| 31 | 170 | 14.3 | 4 | GROUP |
| 44 | 192 | 16.7 | 1 | GROUP |
| 44 | 165 | 12.4 | 3 | ONLINE |
| 39 | 150 | 15.3 | 3 | GROUP |
| 43 | 174 | 12.7 | 2 | ONLINE |
| 42 | 168 | 16.4 | 0 | ONLINE |
| 49 | 178 | 15.1 | 3 | ONLINE |
| 41 | 164 | 17.8 | 3 | GROUP |
| 40 | 191 | 19.0 | 5 | ONLINE |
| 37 | 132 | 10.0 | 0 | NONE |
| 36 | 140 | 15.7 | 1 | NONE |
| 46 | 171 | 14.9 | 5 | ONLINE |
| 41 | 170 | 12.3 | 0 | ONLINE |
| 49 | 153 | 19.0 | 3 | GROUP |
| 42 | 154 | 14.3 | 2 | GROUP |
| 37 | 142 | 13.9 | 3 | NONE |
| 37 | 130 | 16.9 | 2 | NONE |
| 21 | 177 | 17.0 | 0 | ONLINE |
| 39 | 160 | 14.3 | 4 | NONE |
| 44 | 134 | 19.4 | 5 | GROUP |
| 49 | 131 | 14.6 | 1 | GROUP |
| 35 | 130 | 19.4 | 4 | NONE |
| 46 | 183 | 15.4 | 4 | ONLINE |
| 43 | 169 | 14.0 | 5 | GROUP |
| 41 | 155 | 16.0 | 2 | ONLINE |
| 48 | 182 | 13.0 | 2 | ONLINE |
| 39 | 140 | 12.4 | 1 | NONE |
| 40 | 157 | 15.4 | 1 | ONLINE |
| 48 | 167 | 14.8 | 3 | ONLINE |
| 50 | 144 | 15.8 | 2 | NONE |
| 44 | 168 | 12.4 | 2 | GROUP |
| 43 | 175 | 13.6 | 5 | GROUP |
| 33 | 150 | 14.9 | 2 | GROUP |
| 32 | 155 | 17.9 | 1 | GROUP |
| 46 | 163 | 16.6 | 2 | ONLINE |
| 48 | 162 | 14.5 | 4 | GROUP |
| 56 | 189 | 15.0 | 3 | ONLINE |
| 44 | 153 | 15.3 | 2 | ONLINE |
| 34 | 158 | 14.2 | 3 | ONLINE |
| 43 | 160 | 10.9 | 4 | ONLINE |
| 33 | 173 | 17.5 | 1 | ONLINE |
| 49 | 178 | 18.3 | 2 | GROUP |
| 50 | 189 | 14.3 | 1 | ONLINE |
| 52 | 184 | 11.4 | 4 | ONLINE |
| 45 | 174 | 13.6 | 2 | ONLINE |
| 48 | 188 | 13.6 | 0 | ONLINE |
| 35 | 149 | 15.6 | 1 | GROUP |
| 44 | 159 | 14.6 | 2 | GROUP |
| 44 | 160 | 14.8 | 2 | ONLINE |
| 67 | 166 | 18.9 | 1 | GROUP |
| 51 | 178 | 16.5 | 1 | ONLINE |
| 41 | 178 | 13.4 | 2 | ONLINE |
| 40 | 176 | 12.6 | 1 | ONLINE |
| 45 | 138 | 15.3 | 2 | NONE |
| 41 | 159 | 18.8 | 2 | ONLINE |
| 40 | 145 | 14.7 | 2 | NONE |
| 47 | 151 | 16.6 | 2 | GROUP |
| 48 | 186 | 14.2 | 1 | ONLINE |
| 42 | 194 | 13.6 | 2 | ONLINE |
| 41 | 152 | 14.5 | 4 | GROUP |
| 29 | 145 | 19.0 | 2 | NONE |
| 48 | 188 | 11.3 | 2 | ONLINE |
| 33 | 139 | 19.3 | 3 | GROUP |
| 48 | 201 | 12.5 | 1 | ONLINE |
| 45 | 156 | 13.2 | 3 | GROUP |
| 36 | 131 | 18.5 | 2 | NONE |
| 43 | 161 | 17.3 | 3 | ONLINE |
| 42 | 152 | 14.6 | 1 | ONLINE |
| 49 | 178 | 16.4 | 2 | ONLINE |
| 50 | 157 | 15.9 | 3 | GROUP |
| 42 | 154 | 15.3 | 1 | GROUP |
| 44 | 156 | 20.0 | 0 | ONLINE |
| 45 | 170 | 14.2 | 1 | ONLINE |
| 48 | 170 | 17.4 | 5 | ONLINE |
| 39 | 144 | 17.7 | 3 | NONE |
From the variable analysis above, provide the analysis and interpretation for three individual variables. This would include no more than 1 graph for each, one or two measures of central tendency and variability (as appropriate), the shapes of the distributions for quantitative variables, and two or three sentences of interpretation.
For the 10 pairings, identify and report only on three of the pairings, again using graphical and numerical summary (as appropriate), with interpretations. Please note that at least one pairing must include a qualitative variable and at least one pairing must not include a qualitative variable.
Format for report:
Brief Introduction
Discuss 1st individual variable, using graphical, numerical summary and interpretation
Discuss 2nd individual variable, using graphical, numerical summary and interpretation
Discuss 3rd individual variable, using graphical, numerical summary and interpretation
Discuss 1st pairing of variables, using graphical, numerical summary and interpretation
Discuss 2nd pairing of variables, using graphical, numerical summary and interpretation
Discuss 3rd pairing of variables, using graphical, numerical summary and interpretation
Conclusion
In: Statistics and Probability
John runs a computer software store. Yesterday he counted 139 people who walked by the store, 62 of whom came into the store. Of the 62, only 22 bought something in the store.
(a) Estimate the probability that a person who walks by the
store will enter the store. (Round your answer to two decimal
places.)
(b) Estimate the probability that a person who walks into the store
will buy something. (Round your answer to two decimal
places.)
(c) Estimate the probability that a person who walks by the store
will come in and buy something. (Round your answer to two
decimal places.)
(d) Estimate the probability that a person who comes into the store
will buy nothing. (Round your answer to two decimal places.)
In: Statistics and Probability

In: Chemistry
College Supply Company (CSC) makes three types of drinking glasses: short, medium, and tall. It presently applies overhead using a predetermined rate based on direct labor-hours. A group of company employees recommended that CSC switch to activity-based costing and identified the following activities, cost drivers, estimated costs, and estimated cost driver units for Year 5 for each activity center.
| Activity |
Recommended Cost Driver |
Estimated Cost |
Estimated Cost Driver Units |
||||
| Setting up production | Number of production runs | $ | 24,000 | 80 | runs | ||
| Processing orders | Number of orders | 48,000 | 200 | orders | |||
| Handling materials | Pounds of materials | 18,000 | 9,000 | pounds | |||
| Using machines | Machine-hours | 66,000 | 11,000 | hours | |||
| Providing quality management | Number of inspections | 48,000 | 40 | inspections | |||
| Packing and shipping | Units shipped | 40,000 | 20,000 | units | |||
| $ | 244,000 | ||||||
In addition, management estimated 2,000 direct labor-hours for year 5.
Assume that the following cost driver volumes occurred in February, year 5:
| Short | Medium | Tall | |||||||
| Number of units produced | 900 | 400 | 400 | ||||||
| Direct materials costs | $ | 3,000 | $ | 3,000 | $ | 2,500 | |||
| Direct labor-hours | 90 | 100 | 90 | ||||||
| Number of orders | 7 | 8 | 4 | ||||||
| Number of production runs | 2 | 4 | 8 | ||||||
| Pounds of material | 300 | 900 | 300 | ||||||
| Machine-hours | 600 | 300 | 200 | ||||||
| Number of inspections | 1 | 3 | 2 | ||||||
| Units shipped | 900 | 400 | 300 | ||||||
|
Required: a. Compute a predetermined overhead rate for year 5 for each cost driver recommended by the employees. Also compute a predetermined rate using direct labor-hours as the allocation base. (Round your answers to 2 decimal places.) c. Compute the production costs for each product for February using the cost drivers recommended by the employees and the predetermined rates computed in requirement (Note: Do not assume that total overhead applied to products in February will be the same for activity-based costing as it was for the labor-hour-based allocation.) (Do not round intermediate calculations.) |
|||||||||
Direct labor costs were $18 per hour.
|
In: Accounting
Simulation Project
Design a Seven Segment Decoder to decode and display CS and the last 2 numbers of your #900 number (Student ID). Assume the corresponding inputs for the letters and numbers.
Example: If your #900 number is 900123456 take last 2 numbers that is 56 and display 'CS56'
Inputs Assumptions
00- for C
01-for S
10— Last number (6 in the given example)
11— Last but one number (5 in the given example)
What to turn in:
In: Computer Science
The Archer family raises cattle on their farm in West Midlands. They also have a large garden in which they grow ingredients for making two types of relish - SauceA and SauceB. These they sell at local stores.
The profit per kilogram of SauceA is £4 and the profit per kilogram of SauceB is £4. The ingredients in each relish are cabbage, tomatoes, onions, and oil. One kilogram of SauceA must contain at least 65% but no more than 73% cabbage, and at least 6% onion, and at least 8% oil. One kilogram of SauceB must contain at least 60% but no more than 75% tomatoes, and at least 7% onion, and at least 7% oil. Both relishes contain no more than 11% onion and no more than 10% oil.
The family has enough time to make no more than 870 kilograms of relish. They know also that they will sell at least 40% more SauceA than SauceB. They will have this year 390 kilograms of cabbage, 370 kilograms of tomatoes, and 130 kilograms of onion. They can use any amount of oil needed.
What is the maximal profit that the family can gain by producing and selling the relish?
In: Finance
. Gentry Can Company’s (GCC) latest annual dividend of $1.25 a share was paid yesterday as the company maintained its historic 7% annual rate of dividend growth. The current market price is based on the belief that the 7% growth rate will be maintained forever. However, you believe that the dividend growth rate will increase by 8% for the next three years and that in three year’s time the stock price will be $40. You and other investors require a 12% rate of return.
a) What do you believe is the current intrinsic value of GCC stock?
b) Assuming that you were right about the dividends growing at 8% forever and that the market incorporates that at t=3 in the share price. What will the price be at t=3?
c) The company Econ305 Inc, just announced yesterday that its 4th-quarter earnings were 50% higher than last year's 4th quarter. But the Econ305 share price dropped by 2.2% yesterday! Give at least two reasons why this may have happened, even though the market was, and still is, informationally efficient.
In: Accounting