Question 12 pts

(CO 1) A survey of 1272 pre-owned vehicle shoppers found that 8% bought the extended warranties. What is the population and what is the sample?

Group of answer choices

Population: pre-owned vehicle shoppers; Sample: the 8% that bought extended warranties

Population: 1272 pre-owned vehicle shoppers; Sample: the 8% that bought extended warranties

Population: pre-owned vehicle shoppers; Sample: 1272 pre-owned vehicle shoppers

Population: 1272 pre-owned vehicle shoppers; Sample: pre-owned vehicle shoppers

Question 22 pts

(CO 1) A survey of 481 of your customers shows that 79% of them like the recent changes to the product. Is this percentage a parameter or a statistic and why?

Group of answer choices

Parameter as it represents the population

Statistic as it represents the sample

Parameter as it represents the sample

Statistic as it represents the population

Question 32 pts

(CO 1) Classify the data of the number of customers at a restaurant.

Group of answer choices

Quantitative

Qualitative

Statistics

Classical

Question 42 pts

(CO 1) The data set that lists the temperatures in Albany, NY each day in the month of February would be classified as what type of data?

Group of answer choices

Ratio

Interval

Nominal

Ordinal

Question 52 pts

(CO 1) A data set that includes the number of products that were produced within each hour by a company would be classified as what type of data?

Group of answer choices

Ratio

Ordinal

Interval

Nominal

Question 62 pts

(CO 1) What type of data collection might be best to estimate the impact of exercise on longevity?

Group of answer choices

Observational

Experiment

Simulation

Survey

Question 72 pts

(CO 1) What type of data collection might be best to study how voters might decide an upcoming ballot issue?

Group of answer choices

Observational

Simulation

Survey

Experiment

Question 82 pts

(CO 1) You need to study the satisfaction of customers of a specific restaurant. You decide to randomly select a few tables and talk to everyone at those selected tables. This would most closely describe which type of sampling technique?

Group of answer choices

Stratified

Random

Systematic

Cluster

Question 92 pts

(CO 2) Which of the following graphs would be a line graph?

Group of answer choices

a

b

c

d

Question 102 pts

(CO 1) In a normally distributed data set of how long customers stay in your store, the mean is 44.8 minutes and the standard deviation is 2.6 minutes. Within what range would you expect 95% of your customers to stay in your store?

Group of answer choices

37.0-52.6

2.6-44.8

39.6-50.0

42.2-47.4

Question 112 pts

(CO 1) Which of the following graphs would be considered a uniform distribution?

Group of answer choices

a

b

c

d

Question 122 pts

(CO 1) In a normally distributed data set with a mean of 19 and a standard deviation of 2.6, what percentage of the data would be between 13.8 and 24.2?

Group of answer choices

68% based on the Empirical Rule

95% based on the Empirical Rule

68% based on the histogram

95% based on the histogram

Question 132 pts

(CO 1) Which of the following would be the standard deviation for this sample data set: 5, 7, 6, 9, 6, 4, 4, 6, 5, 9, 3?

Group of answer choices

1.94

2.91

1.85

5.82

Question 142 pts

(CO 1) What would be the mean of this data set: 8, 9, 7, 508, 7, 1, 5, 8, 1?

Group of answer choices

61.6

50.8

33.8

5.8

Question 152 pts

(CO 1) A researcher wants to study the effects of playing video games 24-7 for a week. What type of study would be best suited to make this determination?

Group of answer choices

Experimental

Simulation

Survey

Observational

Question 162 pts

(CO 1) To gather information on customer satisfaction, a researcher goes into several stores and interviews randomly selected customers. This sampling technique is called:

Group of answer choices

Convenience

Stratified

Random

Cluster

Question 172 pts

(CO 1) What is the standard deviation and its meaning given this population of customer ages? 45, 76, 30, 22, 24, 40, 63, 66, 27

Group of answer choices

18.1 which means that many of the ages will be within this value of the average age

19.2 which means that many of the ages will be within this value of the average age

19.2 which means that many of the ages will be around the square of this value

18.1 which means that many of the ages will be around this value

Question 182 pts

(CO 1) What is the mode of the following data set?

2, 2, 3, 3, 4, 4, 5, 5, 6, 6, 7, 7, 8, 8

Group of answer choices

no mode

2, 3, 4, 5, 6, 7, and 8

2

2, 4, 5, and 7

abulous is a retail company that sells specialized gardening products. The company is considering opening a new store on October 1, Year1. As budget coordinator, you have been asked to prepare a master budget for the first 3 months of the company’s operation. You have gathered the following information:

October sales are estimated to be $500000 of which 45 percent will be cash and the remainder will be on credit. The company expects all sales to increase at the rate of 10 percent per month for November and December. Sales in January Year 2 are expected to be $400000.

The company expects to collect 100 percent of the accounts receivable generated by credit sales in the month following the sale.

Prepare a sales budget and a schedule of cash receipts using these facts and your excel template. Check your answers here before moving to the next part, by completing the cells requested in the chart below.

The cost of goods sold is 80 percent of sales. The company desires to maintain a minimum ending inventory equal to 30 percent of the next month’s cost of goods sold. (Ending inventory for December is based on budgeted January Year2 sales.)

Assume that all inventory purchases are made on account (on credit). The company pays 40 percent of accounts payable in the month of purchase and the remaining amount in the following month.

In excel, prepare an inventory purchases budget and a cash payments budget for inventory purchases. Use the check figures below before you continue.

Budgeted selling and administrative expenses per month follow.

Salary expense (fixed): $ 38400

Sales commissions:  5 percent of Sales

Supplies expense:   2 percent of Sales

Utilities (fixed): $3200              

Depreciation on store equipment (fixed)*:   You compute    

Rent (fixed) $ 12000          

Miscellaneous (fixed): $ 2000      

*The capital expenditures budget indicates that the company will spend $900000 on October 1 for store fixtures, which are expected to have a $24000 residual value and a 96 month useful life.

Utilities and sales commissions are paid the month after they are incurred; all other expenses are paid in the month in which they are incurred.

In excel, prepare the selling and administrative expenses budget and the cash payments budget for selling and administrative expenses. Check the key figures below.

Fabulous issued common stock for $600000 on October 5.

A dividend of $2600 was paid on December 15.

The company borrows and repays funds in increments of $1,000 on the last day of the month. The company also pays its vendors on the last day of the month. It pays interest of 1 percent per month in cash on the last day of the month. To be prudent, the company desires to maintain a $40000 cash cushion.   

Prepare a cash budget on your excel template. Check key figure below.

Given the following, calculate cost of goods manufactured:

Direct material purchases $4,200

Direct labor $3,000

Manufacturing overhead $5,000

Given the following, calculate cost of goods sold:

Direct material purchases $4,200

Direct labor $3,000

Manufacturing overhead $5,000

Mr. Mohammed has a big service company called Intaj in Ma’abila. He hired an accountant at the rate of 350 OMR per a week. The person is to start work on May 1st. Explain if the business has a liability in respect of the accountant’s salary as at May 1st

What is your opinion of the US health care system? What is effective? What is ineffective? What are the strengths and weaknesses of the system? In your opinion, what should be the "end goal" of the US health care system? Are we, as a nation, achieving this goal? ( 350 words)

Answer the following, citing relevant legislation and case law in your answer: a) What is the parol evidence rule, and what is the court’s reasoning in applying the rule? (Maximum 100 words) b) List and explain the exceptions to the parol evidence rule. (Maximum 350 words)

Write any One compare and contrast essay of about 350 – 400 words. Underline thesis statement in the introduction and topic sentence in each body paragraph.

Two teachers you’ve had
Two jobs you’d held
Two restaurants you’ve eaten in

Use the sample data and confidence level to construct the confidence interval estimate of the population proportion p. n equals 500 comma x equals 350 comma 95 % confidence nothingless thanpless than nothing ​(Round to three decimal places as​ needed.)

Suppose X is a normal random variable with μ = 600 and σ = 89. Find the values of the following probabilities. (Round your answers to four decimal places.)

(a) P(X < 700)

(b) P(X > 350)

(c) P(300 < X < 900)