This project is assigned to give you the chance to apply the knowledge that you have acquired in statistics to our Global Society. The following data has been collected for you and you are going to look at the possible relationships and make some decisions that might impact your life based on the outcomes.

Use the following data in this project. The data represents the Total Number of Alternative-Fueled Vehicles in use in the United States (source:  US Department of Energy:  http://tonto.eia.doe.gov/aer/)

A.) Construct a scatter diagram of year (x) vs number of Alternative-fueled vehicles in US (y). Do these variables appear to have a relationship? Write 2 or 3 sentences describing the relationship or lack of a relationship. Explain your reasoning. (9 points for graph and 9 points for description of relationship or lack of relationship)

B.)

Description of the relationship of data:_____________________________________

C.) Find the correlation and regression lines for the data above.

r= _______________________ (5 points)

= _______________ x+ _______________ (5 points)

D.) Do the variables have significant correlation? For full credit, you must show each step of the hypothesis test. Use the 0.05 significance.  (18 points total)

E.) In 2008, the price of gas dropped drastically and hit a low average of $1.59 for the nation.  What effect do you think this will have on the alternative-fuel car sales, if any?  Do you think that this would affect the number of alternative-fueled vehicles used in the United States? Do you think that it would follow the same pattern as before 2008? Write 2 or 3 sentences explaining how you think the new vehicles will affect the number of alternative-fueled vehicles in the United States. (18 points)

F.) Use your regression equation to predict the number of alternative-fueled vehicles used in the United States in 2010. Assume that the pattern remains the same after the introduction of the electric-gas vehicles. Show your work. (18 points)

G.) Search online to find some evidence for or against your opinion in part e. Give the information that you found and state the URL to the data. Was your prediction correct or incorrect? Why do you think that happened? Write 2 or 3 sentences summarizing the information that you found and explain why you think that happened. Be sure to answer each question. (18 points)

This project is assigned to give you the chance to apply the knowledge that you have acquired in statistics to our Global Society. The following data has been collected for you and you are going to look at the possible relationships and make some decisions that might impact your life based on the outcomes.

Use the following data in this project. The data represents the Total Number of Alternative-Fueled Vehicles in use in the United States (source:  US Department of Energy:  http://tonto.eia.doe.gov/aer/)

A.) Construct a scatter diagram of year (x) vs number of Alternative-fueled vehicles in US (y). Do these variables appear to have a relationship? Write 2 or 3 sentences describing the relationship or lack of a relationship. Explain your reasoning. (9 points for graph and 9 points for description of relationship or lack of relationship)

B.)

Description of the relationship of data:_____________________________________

C.) Find the correlation and regression lines for the data above.

r= _______________________ (5 points)

= _______________ x+ _______________ (5 points)

D.) Do the variables have significant correlation? For full credit, you must show each step of the hypothesis test. Use the 0.05 significance.  (18 points total)

E.) In 2008, the price of gas dropped drastically and hit a low average of $1.59 for the nation.  What effect do you think this will have on the alternative-fuel car sales, if any?  Do you think that this would affect the number of alternative-fueled vehicles used in the United States? Do you think that it would follow the same pattern as before 2008? Write 2 or 3 sentences explaining how you think the new vehicles will affect the number of alternative-fueled vehicles in the United States. (18 points)

F.) Use your regression equation to predict the number of alternative-fueled vehicles used in the United States in 2010. Assume that the pattern remains the same after the introduction of the electric-gas vehicles. Show your work. (18 points)

G.) Search online to find some evidence for or against your opinion in part e. Give the information that you found and state the URL to the data. Was your prediction correct or incorrect? Why do you think that happened? Write 2 or 3 sentences summarizing the information that you found and explain why you think that happened. Be sure to answer each question. (18 points)

1. Under the Articles of Confederation, the

1. Armed forces of the United States consisted of states militias
2. President was elected to four-year terms.
3. States were prevented from discriminating against each other in the competition for foreign commerce.
4. Continental congress had the power to lay taxes on citizens.

4. Problems and Applications Q4

Consider trade relations between the United States and Mexico. Assume that the leaders of the two countries believe the payoffs to alternative trade policies are shown in the following payoff matrix:

The dominant strategy for the United States is to always choose 9 LOR or HIGH )  tariffs. The dominant strategy for Mexico is to always choose ( LOW or HIGH )  tariffs.

True or False: The Nash equilibrium outcome for trade policy is for the United States to have low tariffs and Mexico to have high tarriffs.

True

False

In 1993, the U.S. Congress ratified the North American Free Trade Agreement, in which the United States and Mexico agreed to reduce trade barriers simultaneously.

True or False: Given the trade strategy decisions in the table, the United States is worse off and Mexico is better off with this new trade policy.

True

False

Based on your understanding of the gains from trade (discussed in Chapters 3 and 9), which of the following statements accurately characterize how well the payoffs indicated for the four possible outcomes actually reflect a nation’s welfare? Check all that apply.

______The payoffs in the upper right and lower left corners of the matrix do not reflect a nation’s welfare because tariffs hurt overall total surplus, so both countries’ welfare should decline regardless of who charges the high and low tariffs.

______The payoffs in the upper right and lower left corners of the matrix reflect a nation’s welfare because the nation with lower tariffs is better off, since that nation is more open to trade.

______The payoffs in the upper left and lower right corners of the matrix reflect a nation’s welfare because they show that trade is beneficial and tariffs are a barrier to trade.

According to the U.S. Census Bureau, 69% of children under the age of 18 years in the United States lived with two parents in 2009. Suppose that in a recent sample of 2000 children, 1267 were living with two parents. a. Using the critical value approach and test whether the current percentage of all children under the age of 18 years in the United States who live with two parents is different from 69%. Round your answer for z to two decimal places. zobserved =Enter your answer; z_observed zcritical left =Enter your answer; z_critical left zcritical right =Enter your answer; z_critical right We Choose your answer; We the null hypothesis. We conclude that the current percentage of all children under the age of 18 years in the United States who live with two parents is Choose your answer; We conclude that the current percentage of all children under the age of 18 years in the United States who live with two parents is 69%. b. How do you explain the Type I error in part a? What is the probability of making this error in part a? The Type I error occurs when we conclude that the current percentage of all children under the age of 18 years in the United States who live with two parents is Choose your answer; The Type I error occurs when we conclude that the current percentage of all children under the age of 18 years in the United States who live with two parents is 69%, when it is Choose your answer; when it is 69%. P(Type I error) =Enter you answer; P(Type I error) c. Calculate the p-value for the test of part a. What is your conclusion if Round your answer for the p-value to four decimal places. p-value =Enter you answer; p-value For we Choose your answer; For alpha=0.06, we

Smoking remains more common in much of Europe than in the United States. In the United States, there is a strong relationship between education and smoking: well-educated people are less likely to smoke. Does a similar relationship hold in France? Here is a two-way table of the level of education and smoking status (nonsmoker, former smoker, moderate smoker, heavy smoker) of a sample of 467 French men aged 20 to 60 years. The subjects are a random sample of men who visited a health center for a routine checkup. We are willing to consider them an SRS of men from their region of France.

The null hypothesis states that there is no relationship between these variables. That is, the distribution of smoking is the same for all three levels of education.

(a) Find the expected counts for each smoking status among men with a university education. This is one row of the two-way table of expected counts. Find the row total and verify that it agrees with the row total for the observed counts.

Use two decimals for the expected counts and a whole number for the total.

Leigh of New York sells its products to customers in the United States and the United Kingdom. On December 16, 2017, Leigh sold merchandise on credit to Bronson Ltd. of London at a price of 18,000 pounds. The exchange rate on that day for £1 was $2.0235. On December 31, 2017, when Leigh prepared its financial statements, the rate was £1 for $2.0174. Bronson paid its bill in full on January 15, 2018, at which time the exchange rate was £1 for $2.0195. Leigh immediately exchanged the 18,000 pounds for U.S. dollars. Prepare Leigh’s journal entries on December 16, December 31, and January 15. (Round your intermediate calculations and final answers to the nearest whole dollar amount.)

1. A closer look - Food insecurity in the United States

According to the United Nations Food and Agriculture Organization, approximately 795 million people are chronically undernourished worldwide. Undernutrition means that a person consumes insufficient energy to meet his or her metabolic needs. Many food security organizations set this minimum at 2,000 kcal/day for a person to be well nourished.

Examine the figure depicting the food security status of U.S. households and then answer the question that follows.

1. According to the definitions used by the USDA Economic Resource Service, what percentage of U.S. households had access, at all times, to enough food for an active, healthy life for all members?

86%

5.6%

8.4%

14%

2. According to the U.S. Department of Agriculture, a rib eye steak has an energy density of approximately 2,650 kcal/kg. A person could conceivably consume 730,000 kcal/year simply by eating 275.5 kg of steak over the course of a year, or 26.5 oz every day. Would a person who did this be likely to be properly nourished, and why or why not?

No; 730,000 kcal/year is not enough food to avoid undernutrition.

No; beef is too fattening. The person would probably suffer from overnutrition.

Yes; 730,000 kcal/year is a reasonable minimum level of consumption to avoid undernutrition.

No; beef lacks some essential nutrients. The person would probably suffer from malnutrition.

3. There are many federal and local programs in the United States that aim to prevent or relieve malnutrition or undernutrition, thereby reducing the prevalence of food insecurity. Match the programs below with their major role in promoting adequate nutrition and increasing the prevalence of food security in the United States.

4. The following two images show maps of the United States: The map on the left depicts prevalence of food insecurity relative to the U.S. average from 2012–2014; the map on the right depicts poverty rates throughout the United States from 2014.

5. Which region of the United States has the highest prevalence of food insecurity?

South

Southwest

Northwest

Northeast

6. Which region of the United States has the highest level of poverty?

Northwest

Southwest

South

Northeast

7. After analyzing the maps, one can conclude that higher poverty levels are linked with:

Higher levels of food security

Have no effect on food security

Lower levels of food security

Six Key Financial Assumptions

• Startup cost – $350,000
  • $150,000 to purchase building
  • $10,000 for renovations
  • $75,000 for supplies
  • $115,000 for additional expenses
• Sales and Revenue - $600,000
  • $50,000 in sales per month
  • Based on 50 jobs at $250 per job

• Operating costs - $156,000
  • $13,000 per month
  • Based on supplies, utilities, and staff
• Borrowing - $350,000
  • Based on money needed for startup cost
  • Interest owed to bank 6%

• Equity returns – 2% compounding annually
  • Based on 2% real estate growth assumption
• Company value ???

Balance sheet

31-Dec-2020

Assets

Cash :                                                  $000,000

Accounts Receivable:                          $000,000

Long Term Assets:                              $000,000

Total:                                                   $000,000

Liabilities & Equity

Accounts Payable:                              $000,000

Borrowing:                                          $000,000

Retained Earnings:                              $000,000

(First year so no retained earnings from first year)

Earnings:                                             $000,000

Total:                                                   $000,000

Using the information from the key assumptions please solve the company value portion as well as the balance sheet for the first year of the start up company.

Your firm designs, manufactures, and markets children’s toys for sale in the U.S. Almost90% of your production is done in China. During the 1990s, U.S. relations with China improved.Even though there were many disagreements between the two countries, the United Statesgranted normal trade status to China and supported China’s membership in the WTO in 2001.Your firm invested heavily in China during that time. You have developed close ties to Chinesesuppliers and have come to depend greatly on inexpensive Chinese labor and the lower costs ofdoing business therYou are now concerned about increasing political tension between China and the United Statesover a variety of issues: China’s s treatment of the Tibetan people, reports about the use of prisonlabor to manufacture goods for export, China’s population policies, and differences over relationswith communist North Korea. The United States has also accused China of corporate and industrial
espionage in the United States to obtain scientific, industrial, and trade secrets, and of hackinginto corporate and government computer networks. There are also disagreements over China’s
censorship of Internet search providers, and over the protection of U.S. intellectual property rightsin China. The United States is also concerned with China’s tax policies, which are said to discriminate against imported goods, and also with China’s state subsidies to domestic industry.
The U.S. accuses China of currency manipulations of the yuan, making Chinese goods unfairly cheap in foreign markets and imports into China artificially expensive. Most worrisome is the potential for conflict over Taiwan, with which the United States has had a mutual defense pact for 60 years. China claims Taiwan under its “One China” reunification policy, while accusing the United
States of fostering “independence” there. Despite the issues, both countries recognize their deep economic reliance on each other
Provide a conclusion about us and China trade issues by analysing the above statements and provide suitable recommendations for avoiding them? provide answer with 1 academic reference?