The data worksheet entitled "FUELCON4" contains the following variables for all 50 states plus the District of Columbia.

Run the regression analysis with FUELCON as the dependent variable and the other four variables as independent variables and obtain the appropriate model diagnostic statistics: Use the Shapiro-Wilk teststatistic to test the assumption of the normality of the model residuals.

(a) What is being tested here? (Choose one)

The assumption of linearity.The assumption of normally-distributed disturbances.    Whether there is a linear relationship between x and y.The assumption of constant variance.The assumption of independence.Whether all of the x variables are important in predicting y.

(b) Which hypotheses are being tested? (Choose one)

H₀: β₁ = 1.0
H_a: β₁ ≠ 1.0H₀: All of the x variables in the model are not important
H_a: Atleast one of the x variables is important    H₀: The model variance is constant
H_a: The model variance is not constantH₀: Disturbances are normal
H_a: Disturbances are non-normalH₀: β₁ = 0
H_a: β₁ ≠ 0

(c) State the decision rule.

Reject H₀ if p < 0.10.
Do not reject H₀ if p ≥ 0.10.Reject H₀ if p > 0.10.
Do not reject H₀ if p ≤ 0.10.    Reject H₀ if p < 0.05.
Do not reject H₀ if p ≥ 0.05.Reject H₀ if p > 0.05.
Do not reject H₀ if p ≤ 0.05.

(d) What is the name of the test statistic? (Choose one)

Anderson-Darling's A²Shapiro-Wilk's W    Test of Constant VarianceKolmogorov-Smirnov's DThe Partial F TestTest of Independence

(e) State the appropriate test statistic name, test statistic value, and the associated p-value (Enter the test statistic value to three decimal places, and the p-value to four decimal places).

---Select--- z A D F t W =  , p  ---Select--- < ≥ ≤ > =  

(f) What conclusion can be drawn from the test result?

Do not reject H₀.The assumption of normally-distributed disturbances has been met.Do not reject H₀. The assumption of independence has been met.    Reject H₀. There is a linear relationship between x and y.Reject H₀. The assumption of independence has not been met.Do not reject H₀. There is not a linear relationship between x and y.Reject H₀. The assumption of constant variance has not been met.Do not reject H₀. The assumption of constant variance has been met.Reject H₀. The assumption of normally-distributed disturbances has not been met.

In order to buy a new car, you finance $23,000 with no down payment for a term of five years at an APR of 6%. After you have the car for one year, you are in an accident. No one is injured, but the car is totaled. The insurance company says that before the accident, the value of the car had decreased by 25% over the time you owned it, and the company pays you that depreciated amount after subtracting your $500 deductible. How much equity have you built up after one year? Suggestion: Use the following formula for the equity built up after k monthly payments. (Round your answer to the nearest cent.) Equity = Amount borrowed × ((1 + r)k − 1) ((1 + r)t − 1)

Tombro Industries is in the process of automating one of its plants and developing a flexible manufacturing system. The company is finding it necessary to make many changes in operating procedures. Progress has been slow, particularly in trying to develop new performance measures for the factory.

In an effort to evaluate performance and determine where improvements can be made, management has gathered the following data relating to activities over the last four months:

The president has read in industry journals that throughput time, MCE, and delivery cycle time are important measures of performance, but no one is sure how they are computed. You have been asked to assist the company, and you have gathered the following data relating to these measures:

Required:

1-a. Compute the throughput time for each month.

1-b. Compute the manufacturing cycle efficiency (MCE) for each month.

1-c. Compute the delivery cycle time for each month.

3-a. Refer to the inspection time, process time, and so forth, given for month 4. Assume that in month 5 the inspection time, process time, and so forth, are the same as for month 4, except that the company is able to completely eliminate the queue time during production using Lean Production. Compute the new throughput time and MCE.

3-b. Refer to the inspection time, process time, and so forth, given for month 4. Assume that in month 6 the inspection time, process time, and so forth, are the same as in month 4, except that the company is able to eliminate both the queue time during production and the inspection time using Lean Production. Compute the new throughput time and MCE.

Complete this question by entering your answers in the tabs below.

• Required 1
• Required 3

1-a. Compute the throughput time for each month.

1-b. Compute the manufacturing cycle efficiency (MCE) for each month.

1-c. Compute the delivery cycle time for each month.

(Round your answers to 1 decimal place.)

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Complete this question by entering your answers in the tabs below.

• Required 1
• Required 3

3-a. (Month 5) Refer to the inspection time, process time, and so forth, given for month 4. Assume that in month 5 the inspection time, process time, and so forth, are the same as for month 4, except that the company is able to completely eliminate the queue time during production using Lean Production. Compute the new throughput time and MCE.

3-b. (Month 6) Refer to the inspection time, process time, and so forth, given for month 4. Assume that in month 6 the inspection time, process time, and so forth, are the same as in month 4, except that the company is able to eliminate both the queue time during production and the inspection time using Lean Production. Compute the new throughput time and MCE.

(Round your answers to 1 decimal place.)

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Consider the data set:

For this data we do not know how T depends on L. We hope that T is proportional to some power of L. Transform data by taking Logarithms and do linear regression. Upon computing the regression round to one decimal.

1.What is the slope?

2.What is R²? Use two decimals

3.Predict the value of T when L = 4.7 Use one decimal

You want to create a portfolio as risky as the market with $500,000 to invest. Fill in the following table:

Asset      Investment BETA

stock A       $85,000      0.8

stock B $165,000   1.15   

stock C    ----------      1.4

Riskfree asset _______ ------

Please fill in the blanks and show all work

Macroeconomic BED1201

The following information relates to a hypothetical country called Dark Islands.
C=5,000 + 0.8 Yd
I=200
G=1000
T=300 (where T is tax)

Required:
i. Compute Y, C and S
ii. Compute the multiplier

Test whether the sample evidence indicates that the average time an employee stays with a company in their current positions is less than 3 years when a random sample of 64 employees yielded a mean of 2.765 years and s = 0.8. Use a = 0.01. Assume normal distribution.

company A has a market value of debt equal to 50m and value of equity 50m. assume the SML holds and has a risk premium of 6% and rf = 5%. company A has a beta of 0.8. The interest paid on debt is 15% . calculate the WACC (Appropriate discount rate)

A student is taking an exam. Suppose that the probability that the student finishes the exam in less than x hours is x/2 for x∈[0,2]. Show that the conditional probability that the student does not finish the exam in one hour given that they are still working after 45 minutes is 0.8.