A group of 49 randomly selected construction workers has a mean
age of 22.4 years with
a standard deviation of 3.8. According to a recent survey, the mean
age should be μ =
21.9 years. Test this hypothesis at the 0.02 level of significance
to determine if there is
enough evidence to support the claim..
?0 = ___________________________________
?? = ___________________________________
Test Statistic = __________________________
Alpha (?) level of significance= __________________
Classical Critical Value = ____________________
?-value = _______________________________
________Conclusion: A) reject ?0 B) fail to reject ?0
________Interpretation:
A) There is sufficient evidence to support the claim.
B) There is insufficient evidence to support the claim.
In: Statistics and Probability
Use the Wilcoxon matched-pairs signed rank test to determine
whether there is a significant difference between the related
populations represented by the data below. Assume a 5% level of
significance and (differences = before - after).
Before After
5.6 6.4
1.3 1.5
4.7 4.6
3.8 4.3
2.4 2.1
5.5 6.0
5.1 5.2
4.6 4.5
3.7 4.5
What is the value of T-?
What is the value of T+?
What is the test statistic, T?
Using the table of Critical Values, what is the critical value for
this study?
In: Statistics and Probability
Carbon monoxide (CO) emissions for a certain kind of car vary with mean 3.704 g/mi and standard deviation 0.7 g/mi. A company has 70 of these cars in its fleet. Let y overbary represent the mean CO level for the company's fleet. a) What's the approximate model for the distribution of y overbary? Explain. b) Estimate the probability that y overbary is between 3.8 and 3.9g/mi. c) There is only a 11% chance that the fleet's mean CO level is greater than what value?
In: Statistics and Probability
|
Distance |
3.4 |
1.8 |
4.6 |
2.3 |
3.1 |
5.5 |
0.7 |
3.0 |
|
Damage |
26.2 |
17.8 |
31.3 |
23.1 |
27.5 |
36.0 |
14.1 |
22.3 |
|
Distance |
2.6 |
4.3 |
2.1 |
1.1 |
6.1 |
4.8 |
3.8 |
|
|
Damage |
19.6 |
31.3 |
24.0 |
17.3 |
43.2 |
36.4 |
26.1 |
Does the y-intercept for this regression model have practical meaning in this context? If so, interpret it. Otherwise, explain why not. Recall, the value of the explanatory variable is 0 for the y-intercept. See page 195 in the course text.
In: Math
11. You are responsible for the Demand Forecasting group at a mid-size company. Six weeks into the fiscal year, you are called to a meeting with two days of notice with the vice-president of sales, one of the finance directors and the company president. This is in reference to an email from executive leadership that the sales goals and plans are mis-aligned with your fiscal year forecast. It seems that your forecasts are 3.8% below sales plans and 3.5% below sales goals. How will you approach this meeting and what information will you use for the meeting?
In: Operations Management
1,You plan to invest $50,000 at the end of year 2019, $60,000 at the end of year 2020 and $90,000 at the end of year 2021. If you earn 3.8% annual rate of return, how much will you have at the end of 2021? Round to the nearest whole dollar.
2. An investment will pay you $240,000 at the end of 10 years. At an annual rate of 15% (compounded semi-annually), what is the price of this investment today? Round to the nearest whole dollar.
a.2,446,678
b. 59,324
c. 116,447
d. 56,499
In: Finance
|
Conrad Industries has a new project available that requires an initial investment of $5.1 million. The project will provide unlevered cash flows of $843,000 per year for the next 20 years. The company will finance the project with a debt-value ratio of .4. The company’s bonds have a YTM of 6.4 percent. The companies with operations comparable to this project have unlevered betas of 1.23, 1.16, 1.38, and 1.33. The risk-free rate is 3.8 percent and the market risk premium is 7 percent. The tax rate is 23 percent. |
|
What is the NPV of this project? |
In: Finance
Part 1: The mean daily production of a herd of
cows is assumed to be normally distributed with a mean of 32
liters, and standard deviation of 9 liters.
A) What is the probability that daily production is
between 24.8 and 30.9 liters? Do not round until
you get your your final answer.
Part 2: The mean daily production of a herd of
cows is assumed to be normally distributed with a mean of 31
liters, and standard deviation of 9.8 liters.
A) What is the probability that daily production is
less than 58.7 liters?
Answer= (Round your answer to 4 decimal places.)
B) What is the probability that daily production is
more than 12.7 liters?
Answer= (Round your answer to 4 decimal places.)
Part 3 Company XYZ know that replacement times
for the DVD players it produces are normally distributed with a
mean of 7.7 years and a standard deviation of 1.5 years.
Find the probability that a randomly selected DVD player will have
a replacement time less than 3.8 years?
P(X < 3.8 years) =
Enter your answer accurate to 4 decimal places. Answers obtained
using exact z-scores or z-scores rounded to 3
decimal places are accepted.
If the company wants to provide a warranty so that only 3.2% of the
DVD players will be replaced before the warranty expires, what is
the time length of the warranty?
warranty = years
In: Statistics and Probability
In the sport of diving, seven judges award a score between 0 and 10, where each score may be a floating-value. The highest and lowest scores are thrown out and the remaining scores are added together. The sum is then multiplied by the degree of difficulty for that drive. The degree of difficulty ranges from 1.2 to 3.8 points. The total is then multiplied by 0.6 to determine the diver’s score.
Write a program that inputs a degree of difficulty and then input seven judges’ scores using a loop and outputs the overall score for that dive.
You are required to check whether a judge’s score is indeed between 0 and 10. You also have to check whether the difficulty is between 1.2 and 3.8. When the user enters a number that is not in the range, ask the user to enter it again.
Example: To ask the user to enter a score between 0 and 100
do{
cout<<”Enter a number between 0 and 100”;
cin>>score;
}while(score<0 || score>100);
Hint: You should use a loop to find total score, highest score, and lowest score. You then subtract total from highest and lowest. Multiply result by difficulty and 0.6 to get the final score. If the user enters difficulty as 2 and seven judges give score as 1, 2, 3, 4, 5, 6, and 7. Then the final score should be 24
do it in C++
In: Computer Science
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Problem Set 4: One-Way Repeated Measures ANOVA (7 pts) Research Scenario: A savvy business owner wanted to assess whether the type of fragrance influenced the amount of money spent. He tried peppermint, lavender, male cologne, and a floral perfume in his four stores. Amount of money spent (in hundreds) is reported for each type of fragrance. Conduct a one-way repeated measures ANOVA to determine whether fragrance influences total amount of money spent.
|
In: Statistics and Probability