Questions
A researcher wishes to estimate the percentage of Americans who support abolishing the penny. What size...

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....

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
ASSETS
110 Cash
120 Accounts Receivable
125 Notes Receivable
130 Merchandise Inventory
131 Estimated Returns Inventory
140 Office Supplies
141 Store Supplies
142 Prepaid Insurance
180 Land
192 Store Equipment
193 Accumulated Depreciation-Store Equipment
194 Office Equipment
195 Accumulated Depreciation-Office Equipment
LIABILITIES
211 Accounts Payable-Caesar Salad Co.
212 Accounts Payable-Hoagie Co.
213 Accounts Payable-Taco Co.
214 Accounts Payable-UK Imports Co.
215 Accounts Payable-Veggie Co.
216 Salaries Payable
218 Sales Tax Payable
219 Customers Refunds Payable
221 Notes Payable
EQUITY
310 Owner, Capital
311 Owner, Drawing
312 Income Summary
REVENUE
410 Sales
610 Interest Revenue
EXPENSES
510 Cost of Merchandise Sold
521 Delivery Expense
522 Advertising Expense
524 Depreciation Expense-Store Equipment
525 Depreciation Expense-Office Equipment
526 Salaries Expense
531 Rent Expense
533 Insurance Expense
534 Store Supplies Expense
535 Office Supplies Expense
536 Credit Card Expense
539 Miscellaneous Expense
710 Interest Expense

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

JOURNAL

DATE DESCRIPTION POST. REF. DEBIT CREDIT

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

In: Accounting

No Exercise Exercise Total Campus Dormitory 32 58 90 On-Campus Apartment 74 106 180 Off –Campus...

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...

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.

 

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.

 

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...

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...

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...

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...

  • less than (or equal to) αα
  • greater than αα



This test statistic leads to a decision to...

  • reject the null
  • accept the null
  • fail to reject the null


As such, the final conclusion is that...

  • There is sufficient evidence to warrant rejection of the claim that the proportion of stocks that went up is is more than 0.3.
  • There is not sufficient evidence to warrant rejection of the claim that the proportion of stocks that went up is is more than 0.3.
  • The sample data support the claim that the proportion of stocks that went up is is more than 0.3.
  • There is not sufficient sample evidence to support the claim that the proportion of stocks that went up is is more than 0.3.

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)?

  • left-tailed
  • right-tailed
  • 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?

  • We reject the null hypothesis, since the p-value is less than the significance level.
  • We reject the null hypothesis, since the p-value is not less than the significance level.
  • We fail to reject the null hypothesis, since the p-value is less than the significance level.
  • We fail to reject the null hypothesis, since the p-value is not less than the significance level.


g) Select the statement below that best represents the conclusion that can be made.

  • There is sufficient evidence to warrant rejection of the claim that the percentage of people who experience nausea is greater than 30%.
  • There is not sufficient evidence to warrant rejection of the claim that the percentage of people who experience nausea is greater than 30%.
  • The sample data support the claim that the percentage of people who experience nausea is greater than 30%
  • There is not sufficient sample evidence to support the claim that the percentage of people who experience nausea is greater than 30%


h) Can we conclude that nausea a side effect of Tamiflu?

  • Yes
  • No

In: Statistics and Probability

1. Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good...

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...

  • less than (or equal to) αα
  • greater than αα



This test statistic leads to a decision to...

  • reject the null
  • accept the null
  • fail to reject the null


As such, the final conclusion is that...

  • There is sufficient evidence to warrant rejection of the claim that the proportion of stocks that went up is is more than 0.3.
  • There is not sufficient evidence to warrant rejection of the claim that the proportion of stocks that went up is is more than 0.3.
  • The sample data support the claim that the proportion of stocks that went up is is more than 0.3.
  • There is not sufficient sample evidence to support the claim that the proportion of stocks that went up is is more than 0.3.

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)?

  • left-tailed
  • right-tailed
  • 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?

  • We reject the null hypothesis, since the p-value is less than the significance level.
  • We reject the null hypothesis, since the p-value is not less than the significance level.
  • We fail to reject the null hypothesis, since the p-value is less than the significance level.
  • We fail to reject the null hypothesis, since the p-value is not less than the significance level.


g) Select the statement below that best represents the conclusion that can be made.

  • There is sufficient evidence to warrant rejection of the claim that the percentage of people who experience nausea is greater than 30%.
  • There is not sufficient evidence to warrant rejection of the claim that the percentage of people who experience nausea is greater than 30%.
  • The sample data support the claim that the percentage of people who experience nausea is greater than 30%
  • There is not sufficient sample evidence to support the claim that the percentage of people who experience nausea is greater than 30%


h) Can we conclude that nausea a side effect of Tamiflu?

  • Yes
  • No

In: Statistics and Probability