Questions
9A A personnel researcher has designed a questionnaire and she would like to estimate the average...

9A A personnel researcher has designed a questionnaire and she would like to estimate the average time to complete the questionnaire. Suppose she samples 100 employees and finds that the mean time to take the test is 27 minutes with a standard deviation of 4 minutes. Construct a 90% confidence interval for the mean time to complete the questionnaire. Also, write a short explanation about the findings to the human resources director of your company summarizing the results. – Use Excel for this analysis.

9B. For the problem in part A, the human resources director wants to know whether these is sufficient sample evidence to conclude that the average time to complete the questionnaire is not 27 minutes. Set up the hypotheses (in statistical terms) and, based only on the confidence interval you have constructed in part A, what would you conclude regarding the hypotheses?

H0 :

H1 :

In: Math

Which of the following statements is true? Multiple Choice The global bond market is about half...

Which of the following statements is true?

Multiple Choice

  • The global bond market is about half the size of the global stock market.

  • Bonds are a common form of equity financing.

  • Bonds are generally traded “under-the-table.”

  • The U.S. Treasury is the largest issuer of bonds.

In: Finance

Which one of the following foreign bonds is the actual name of bonds that are traded...

Which one of the following foreign bonds is the actual name of bonds that are traded in the U.S.?

a Bulldog bond

b Shogun bond

c Take-your-money-and-run bond

d Yankee bond

e All of the above

f None of the above

In: Finance

How does the concept of specialization determined by comparative advantage based on constant or increasing opportunity...

How does the concept of specialization determined by comparative advantage based on constant or increasing opportunity costs compare to the concept of specialization with increasing returns to scale? What do these differences imply about the types of products that are be traded and the types of countries that participate in trade?

In: Economics

Will improving customer service result in higher stock prices for the companies providing the better service?...

Will improving customer service result in higher stock prices for the companies providing the better service? "When a company's satisfaction score has improved over the prior year's results and is above the national average (currently 75.7), studies show its shares have a good chance of outperforming the broad stock market in the long run." The following satisfaction scores of three companies for the 4th quarters of two previous years were obtained from the American Customer Satisfaction Index. Assume that the scores are based on a poll of 68 customers from each company. Because the polling has been done for several years, the standard deviation can be assumed to equal 8 points in each case.

Company Year 1 Score Year 2 Score

Rite Aid 74 78

Expedia 78 81

J.C. Penney 72 80

a. For Rite Aid, is the increase in the satisfaction score from year 1 to year 2 statistically significant? Use x= 0.05 and null hypothesis is h0: u1-u2 <=0 . What can you conclude?

z value (to 2 decimals)

p-value (to 4 decimals)

b. Can you conclude that the year 2 score for Rite Aid is above the national average of 75.7? Use x=0.05 and null hypothesis is . Enter negative value as negative number.

z value (to 2 decimals)

p-value (to 4 decimals)

c. For Expedia, is the increase from year 1 to year 2 statistically significant? Use and null hypothesis is .

z value (to 2 decimals)

p-value (to 4 decimals)

d. When conducting a hypothesis test with the values given for the standard deviation, sample size, and , how large must the increase from Year 1 to Year 2 be for it to be statistically significant? (to 2 decimals)

e. Use the result of part (d) to state whether the increase for J.C. Penney from year 1 to year 2 is statistically significant.

The increase () statistically significant.

In: Statistics and Probability

On October 31, 2021, Blossom Company had a cash balance per books of $8,967. The bank...

On October 31, 2021, Blossom Company had a cash balance per books of $8,967. The bank statement on that date showed a balance of $10,150. A comparison of the statement with the Cash account revealed the following:

When the accountant of Pharoah Company prepared the bank reconciliation on May 31, 2021, there were three outstanding cheques: #690 for $306, #693 for $176, and #694 for $266. There were no deposits in transit as at May 31, 2021. The bank balance at May 31 was $17,664. The balance in the Cash account on the May 31, 2021, adjusted trial balance was $16,916. The following is selected information from the June bank statement:
Cheques Cleared
Date Cheque No. Amount
June 1 690 $306
5 709 3,256
6 693 176
13 710 1,486
20 712 2,133
23 119 466
24 711 1,786
Other Bank Account Transactions
Date Amount Transaction
June 3 $3,316 Deposit
10 5,376 Deposit
17 2,170 Deposit
24 2,137 Deposit
25 -182 NSF cheque
27 -496 EFT insurance payment
30 -22 Service charge
30 41 Interest

The NSF cheque was originally received from a customer, Massif Co., in payment of its account of $161. The bank included a $21 service charge for a total of $182. Information from the company’s accounting records follows:
Cash Receipts
Date Amount
June 2 $3,316
9 5,376
16 2,710
23 2,137
30 3,116
Cash Payments
Date Cheque No. Amount
June 5 708 $2,906
5 709 3,256
19 711 1,786
19 712 2,313
27 713 3,056
27 714 3,856

Investigation reveals that cheque #712 was issued to purchase equipment and cheque #710 was issued to pay an account payable. All deposits are for collections of accounts receivable. The bank made one error: cheque #119 for Pharoah Co. Ltd. was charged to Pharoah’s bank account. The company’s policy is to pass on all NSF service charges to the customer.

Calculate the balance per bank statement at June 30 and the unadjusted Cash balance per company records at June 30.
A) Prepare a bank reconciliation at June 30.

B) Prepare the necessary adjusting entries at June 30.

C) What balance would Pharoah Company report as cash in the current assets section of its balance sheet on June 30, 2021?

In: Accounting

Question 3 [14] Consider the following prices and quantities: Price (per kg)                             &nb

Question 3 [14] Consider the following prices and quantities:

Price (per kg)                            

            Quantities produced

          

2010

2012

2015

2010

2012

2015

Beans

3.95

3.89

4.13

675

717

436

Onions

61.50

62.20

59.70

117

115

115

Carrots

34.80

35.40

38.90

77

74

82

1. Compute and interpret the Paasche’s Quantity Index number for the year 2012 with 2010 as the base year.                                                                                                           (7)

2. Compute and interpret the Laspeyres Price Index number for the year 2015 with 2012 as the base year

In: Statistics and Probability

Using the Black/Scholes Option Pricing Model, calculate the value of the call option given: S= 74;  ...

Using the Black/Scholes Option Pricing Model, calculate the value of the call option given:

S= 74;               X=70;               T=6 months;                   =.50;             Rf =10%

What is the intrinsic value of the call?

What stock price is necessary to break-even?

If volatility were to decrease, the value of the call would ___________?

If the exercise price would increase, the value of the call would ___________?

If the time to maturity were 3-months, the value of the call would ___________?

If the stock price were $62, the value of the call would _________?

What is the maximum value that a call can take? Why?

In: Finance

6. The heights of women are normally distributed with a mean of 65 in. and a...

6. The heights of women are normally distributed with a mean of 65 in. and a standard deviation of 2.5 in. The heights of men are normally distributed with a mean of 70 in. and a standard deviation of 3.0 in. Relative to their peers, who would be considered taller: A 68 in. woman or a 74 in. man?

7. The lengths of adult blue whales are normally distributed with a mean of 30 meters and a standard deviation of 6 meters. What is the probability that a randomly selected adult blue whale would have a length that differs from the population mean by less than 3 meters?

Thank you for answering!!!

In: Statistics and Probability

The following accounts, among others, appeared on ZZ Company's balance sheet at January 1, 2020 and...

The following accounts, among others, appeared on ZZ Company's balance
sheet at January 1, 2020 and December 31, 2020:

                  January 1, 2020       December 31, 2020

Accounts receivable    48,000                63,000
Utilities payable      20,000                26,000
Notes payable          71,000                80,000
Common stock           30,000                90,000
Retained earnings      22,000                78,000

The following information was taken from ZZ Company's 2020 income
statement:

Sales revenue                   $500,000
Cost of goods sold               280,000
Other expenses                   120,000
Net income                      $100,000

Calculate the amount of cash collected from customers during 2020.

In: Accounting