A researcher wishes to estimate the percentage of Americans who support abolishing the penny. What size sample should be obtained if he wishes to estimate to be within 4 percentage points with 98% confidence if
a) he uses a 2006 estimate of 14% obtained from another poll?
b) he does not use any prior estimate?
In: Statistics and Probability
The following selected transactions were completed by Capers Company during October of the current year:
| Oct. | 1 | Purchased merchandise from UK Imports Co., $14,448, terms FOB destination, n/30. |
| 3 | Purchased merchandise from Hoagie Co., $9,950, terms FOB shipping point, 2/10, n/eom. Prepaid freight of $220 was added to the invoice. | |
| 4 | Purchased merchandise from Taco Co., $13,650, terms FOB destination, 2/10, n/30. | |
| 6 | Issued debit memo to Taco Co. for $4,550 of merchandise returned from purchase on October 4. | |
| 13 | Paid Hoagie Co. for invoice of October 3. | |
| 14 | Paid Taco Co. for invoice of October 4, less debit memo of October 6. | |
| 19 | Purchased merchandise from Veggie Co., $27,300, terms FOB shipping point, n/eom. | |
| 19 | Paid freight of $400 on October 19 purchase from Veggie Co. | |
| 20 | Purchased merchandise from Caesar Salad Co., $22,000, terms FOB destination, 1/10, n/30. | |
| 30 | Paid Caesar Salad Co. for invoice of October 20. | |
| 31 | Paid UK Imports Co. for invoice of October 1. | |
| 31 | Paid Veggie Co. for invoice of October 19. |
Journalize the entries to record the transactions of Capers Company for October. Refer to the Chart of Accounts for exact wording of account titles.
Chart of Accounts
| CHART OF ACCOUNTS | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capers Company | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| General Ledger | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Journal
Journalize the entries to record the transactions of Capers Company for October. Refer to the Chart of Accounts for exact wording of account titles.
PAGE 10
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In: Accounting
|
No Exercise |
Exercise |
Total |
|
|
Campus Dormitory |
32 |
58 |
90 |
|
On-Campus Apartment |
74 |
106 |
180 |
|
Off –Campus Apartment |
110 |
40 |
150 |
|
At Home |
39 |
11 |
50 |
|
Total |
255 |
215 |
470 |
Chi Square Test
1. State null and alternative hypothesis
2. Determine a= using a=.05
3. Using the table above, compute x2 to determine if there
is a difference in living arrangement and exercise status.
4. Find the critical value
5. Reject or fail to reject
6. State conclusion
In: Statistics and Probability
When interbreeding two strains of roses, we expect the hybrid to appear in three genetic classes in the ratio 1:3:4. If the results of an experiment yield 74 hybrids of the first type, 345 of the second type, and 379 of the third type, do we have sufficient evidence to reject the hypothesized genetic ratio at the .05 level of significance? (a) Find the test statistic. (Give your answer correct to two decimal places.) (ii) Find the p-value. (Give your answer bounds exactly.)
In: Statistics and Probability
2 large retail companies (W and T) are compared on a Census variable, percent of people who own their home within 3 square miles of the store. The percent that own their home for W is:
84, 79, 73, 81, 74, 77, 64, 78, 78, 78, 61
Percent for T is:
58, 61, 57, 62, 61, 59, 56, 64, 61, 70
- Try the jackknife bootstrap and find the estimate of difference in percentage owning their home between the two companies as to central tendency. Use lambda=.05
In: Statistics and Probability
2 large retail companies (W and T) are compared on a Census variable, percent of people who own their home within 3 square miles of the store. The percent that own their home for W is:
84, 79, 73, 81, 74, 77, 64, 78, 78, 78, 61
Percent for T is:
58, 61, 57, 62, 61, 59, 56, 64, 61, 70
- Try the jackknife bootstrap and find the estimate of difference in percentage owning their home between the two companies as to central tendency. Use lambda=.05
In: Statistics and Probability
Using the Data below a) Prepare FIFO, LIFO, average valueto ending inventory. b) Prepare all entries for either FIFO or LIFO – including closing entries Use periodic inventory March 1 – Had 2,200 liters at $.63 each March 3 – Purchased 2,550 liters at .70 each March 5 SOLD 2,400 at $1.10 March 11 Purchased 4,100 liters at .74 each March 20 Purchased 2,600 liters at .80 each March 30 Sold 5,500 liters for $1.25
In: Accounting
Using the SQL for Dummies textbook in the CSU Online Library, refer to Table 3-4 “Types of Protection” on page 74 to create three scenarios in which the use of protection operations are used to secure a database. Describe the scenario, select which protection operations users should use in the scenario, and then explain your selection.
Your paper should be three pages in length. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations, and cited per APA guidelines.
In: Computer Science
1. Many investors and financial analysts believe the Dow Jones
Industrial Average (DJIA) gives a good barometer of the overall
stock market. On January 31, 2006, 9 of the 30 stocks making up the
DJIA increased in price (The Wall Street Journal, February 1,
2006). On the basis of this fact, a financial analyst claims we can
assume that 30% of the stocks traded on the New York Stock Exchange
(NYSE) went up the same day.
A sample of 65 stocks traded on the NYSE that day showed that 28
went up.
You are conducting a study to see if the proportion of stocks that
went up is is significantly more than 0.3. You use a significance
level of α=0.01α=0.01.
What is the test statistic for this sample? (Report answer accurate
to three decimal places.)
test statistic =
What is the p-value for this sample? (Report answer accurate to
four decimal places.)
p-value =
The p-value is...
This test statistic leads to a decision to...
As such, the final conclusion is that...
2. You are concerned that nausea may be a side effect of
Tamiflu, but you cannot just give Tamiflu to patients with the flu
and say that nausea is a side effect if people become nauseous.
This is because nausea is common for people who have the flu. From
past studies you know that about 30% of people who get the flu
experience nausea. You collected data on 1685 patients who were
taking Tamiflu to relieve symtoms of the flu, and found that 553
experienced nausea. Use a 0.01 significance level to test the claim
that the percentage of people who take Tamiflu for the relief of
flu symtoms and experience nausea is greater than
30%.
a) Identify the null and alternative
hypotheses?
H0 Select an answer p = p ≠ p < p > p ≤ p ≥ μ = μ ≠ μ < μ
> μ ≤ μ ≥
H1: Select an answer p = p ≠ p < p > p ≤ p ≥ μ = μ
≠ μ < μ > μ ≤ μ ≥
b) What type of hypothesis test should you conduct
(left-, right-, or two-tailed)?
c) Identify the appropriate significance
level.
d) Calculate your test statistic. Write the result
below, and be sure to round your final answer to two decimal
places.
e) Calculate your p-value. Write the result below,
and be sure to round your final answer to four decimal
places.
f) Do you reject the null hypothesis?
g) Select the statement below that best represents
the conclusion that can be made.
h) Can we conclude that nausea a side effect of
Tamiflu?
In: Statistics and Probability
1. Many investors and financial analysts believe the Dow Jones
Industrial Average (DJIA) gives a good barometer of the overall
stock market. On January 31, 2006, 9 of the 30 stocks making up the
DJIA increased in price (The Wall Street Journal, February 1,
2006). On the basis of this fact, a financial analyst claims we can
assume that 30% of the stocks traded on the New York Stock Exchange
(NYSE) went up the same day.
A sample of 65 stocks traded on the NYSE that day showed that 28
went up.
You are conducting a study to see if the proportion of stocks that
went up is is significantly more than 0.3. You use a significance
level of α=0.01α=0.01.
What is the test statistic for this sample? (Report answer accurate
to three decimal places.)
test statistic =
What is the p-value for this sample? (Report answer accurate to
four decimal places.)
p-value =
The p-value is...
This test statistic leads to a decision to...
As such, the final conclusion is that...
2. You are concerned that nausea may be a side effect of
Tamiflu, but you cannot just give Tamiflu to patients with the flu
and say that nausea is a side effect if people become nauseous.
This is because nausea is common for people who have the flu. From
past studies you know that about 30% of people who get the flu
experience nausea. You collected data on 1685 patients who were
taking Tamiflu to relieve symtoms of the flu, and found that 553
experienced nausea. Use a 0.01 significance level to test the claim
that the percentage of people who take Tamiflu for the relief of
flu symtoms and experience nausea is greater than
30%.
a) Identify the null and alternative
hypotheses?
H0 Select an answer p = p ≠ p < p > p ≤ p ≥ μ = μ ≠ μ < μ
> μ ≤ μ ≥
H1: Select an answer p = p ≠ p < p > p ≤ p ≥ μ = μ
≠ μ < μ > μ ≤ μ ≥
b) What type of hypothesis test should you conduct
(left-, right-, or two-tailed)?
c) Identify the appropriate significance
level.
d) Calculate your test statistic. Write the result
below, and be sure to round your final answer to two decimal
places.
e) Calculate your p-value. Write the result below,
and be sure to round your final answer to four decimal
places.
f) Do you reject the null hypothesis?
g) Select the statement below that best represents
the conclusion that can be made.
h) Can we conclude that nausea a side effect of
Tamiflu?
In: Statistics and Probability