Perform a linear regression on this data set
| Assessed Value | Heating Area | Age |
| 184400 | 2000 | 3.42 |
| 177400 | 1710 | 11.50 |
| 175700 | 1450 | 8.33 |
| 185900 | 1760 | 0.00 |
| 179100 | 1930 | 7.42 |
| 170400 | 1200 | 32.00 |
| 175800 | 1550 | 16.00 |
| 185900 | 1930 | 2.00 |
| 178500 | 1590 | 1.75 |
| 179200 | 1500 | 2.75 |
| 186700 | 1900 | 0.00 |
| 179300 | 1390 | 0.00 |
| 174500 | 1540 | 12.58 |
| 183800 | 1890 | 2.75 |
| 176800 | 1590 | 7.17 |
Be sure to plot the data and plot and include various graphs that would help determine if the data is normally distributed (which is an assumption of ordinary least squared regression).
At the 0.05 significance level is there evidence of a relation between assessed value and heated area of house?
In: Statistics and Probability
The following information was provided by Paul’s Guitar Shop
•Net Income $12,950
•Depreciation Expense $2000
•Increase Accounts receivable $300
•Increase Inventory $3,800
•Increase Prepaid expenses $1,000
•Decrease Accounts payable $9,000
•Increase Accrued expenses and unearned revenues $1,450
•Purchase of property and equipment $101,000
•
•Using the indirect method, calculate the net cash provided by operating activities
|
Paul’s Guitar Shop Statement of Cash Flows For year ended December 31, 2019 |
||
|
Cash flows from operating activities |
$ |
$ |
|
Adjustments to reconcile net income to net cash provided by operating activities: Income statement items not affecting cash |
||
|
Depreciation expense |
||
|
Changes in current assets and liabilities |
||
|
Net Cash provided by operating activities |
||
In: Accounting
Your company plans to sell 2000 ounces of silver next week decides to use silver futures contracts to create a minimum variance hedge. Each futures contract has 125 ounces of silver attached. The spot and futures prices for silver the day your company opened its position were $16/ounce and $20/ounce, respectively. The table below shows both spot and futures price changes over a three day period.
|
Spot Price Change |
Futures Price Change |
|
|
Day 1 |
-.03 |
-.06 |
|
Day 2 |
.04 |
.08 |
|
Day 3 |
.05 |
.01 |
1. Find the standard deviation of change in the spot price. Round intermediate steps to four decimals.
2.Find the covariance between changes in the spot price and changes in the futures price. Round intermediate steps and your final answer to four decimals. Enter your answer in decimal format (EX: .XXXX).
3.Find the correlation coefficient between the spot and futures price changes. Round intermediate steps to four decimals.
4. How many futures contracts will you need to minimize your portfolio's risk? Round your final answer to the nearest whole number. Do not use words when entering your response.
I want to know how to solve this step by step please! :)
In: Finance
1. You deposit $2000 in an account earning 8% interest compounded monthly. How much will you have in the account in 15 years?
2. Find the time required for an investment of
5000 dollars to grow to 9000 dollars at an interest rate of 7.5
percent per year, compounded quarterly.
Round your answer to two decimal places
___t years.
3. You deposit $3000 in an account earning 5% interest compounded monthly. How much will you have in the account in 5 years?
In: Finance
Prior to graduation high-school class 0f 2000 was surveyed about their plans. The table below displays the results for white and minority students. (The “minority” group includes African-American, Asian, Hispanic, and Native-American students).
|
4-year college |
2-tear college |
Military |
Employment |
Other |
||
|
White Minority |
198 54 |
36 6 |
4 1 |
14 3 |
16 3 |
In: Statistics and Probability
1.
Financial information is presented below:
| Operating expenses | $ 40000 |
| Sales returns and allowances | 2000 |
| Sales discounts | 6000 |
| Sales revenue | 166000 |
| Cost of goods sold | 86000 |
The amount of net sales on the income statement would be
$160000.
$166000.
$158000.
$164000.
2.
Financial information is presented below:
| Operating expenses | $ 60000 |
| Sales returns and allowances | 2000 |
| Sales discounts | 6000 |
| Sales revenue | 140000 |
| Cost of goods sold | 106000 |
Gross Profit would be
$36000.
$32000.
$34000.
$26000.
3.
Novak has the following inventory data:
| Nov. 1 | Inventory | 37 units @ $7.30 each | ||
| 8 | Purchase | 146 units @ $7.85 each | ||
| 17 | Purchase | 73 units @ $7.70 each | ||
| 25 | Purchase | 110 units @ $8.10 each |
A physical count of merchandise inventory on November 30 reveals
that there are 122 units on hand. Ending inventory under FIFO
is
$1932.
$937.
$1886.
$983.
4.
Pharoah Company had the following inventory transactions occur during 2022:
|
Units |
Cost/unit |
|||||
|---|---|---|---|---|---|---|
|
Feb. 1, 2022 |
Purchase |
134 | $56 | |||
|
Mar. 14, 2022 |
Purchase |
231 | $58 | |||
|
May 1, 2022 |
Purchase |
164 | $61 |
The company sold 379 units at $78 each and has a tax rate of 30%.
Assuming that a periodic inventory system is used, and operating
expenses of $2232, what is the company’s after-tax income using
LIFO?
$4856.00
$3901.80
$3399.20
$5574.00
In: Accounting
AV 2000 Inc. has developed a laser disc and a compact disc which have become popular among young adults. Last year's cost and operating data for the two audio-visual products are presented below:
______Per Unit_______
Laser Compact
Disc Disc
Selling price………………………………. $50 $10
Contribution Margin ratio……………….. 60% 20%
______Per Year_______
Sales volume in units……………………. 5,000 15,000
Fixed costs……………...……………….. $99,000
Required:
1. Prepare last year's contribution income statement showing both amount and percent columns for each product and for the company as a whole.
2. Compute the company’s break-even point in dollars using the company's overall CM ratio.
3. Compute each product break-even point in dollars and in units based on the company’s overall CM ratio. Specify amount and units for each product.
In: Accounting
In the early 2000’s, DHL expanded its worldwide air express package delivery service to the US market in direct competition with UPS and FedEx. After several years and more than one billion dollars in losses, DHL admitted defeat in 2008 withdrawing from most US markets while shedding some 15,000 US jobs.
Think back to DHL announcement of its intention to enter the US market. Various stakeholders would greet the prospect of increased competition differently.
In this discussion forum, address the following:
Choose two of the following stakeholder groups, preferably with opposing views, and explain from their perspective why you oppose or support the entry of DHL in the US domestic market:
In: Economics
From historical data, the annual rates of return of S&P 500 stocks from 1985 to 2000 are roughly normally distributed. The mean is 9.4%, and the standard deviation is 18.25%. Treating the next 10 years as a simple random sample. What is the probability that the mean annual rate of return is greater than 3% (the current inflation rate)? Round to 3 decimal places
In: Statistics and Probability
Do questions A-D
Feeding behavior of black bream fish. In Brain and Behavior Evolution (April 2000), Zoologists conducted a study of the feeding behavior of black bream fish. The zoologists recorded the number of aggressive strikes of two black bream fish feeding at the bottom of an aquarium in the 10-minute period following the addition of food. The next table lists the weekly number of strikes and age of the fish (in days).
Week ? ? ? ? ? ? ? ? ?
Number of Strikes ?? ?? ?? ?? ?? ?? ?? ?? ??
Age of Fish (days) ??? ??? ??? ??? ??? ??? ??? ??? ???
We want to fit a straight-line model relating number of strikes(y) to age of fish (x).
a. Find ???? , ???? ??? ???? .
b. Find the least squares estimators ?̂ 0 and ?̂ 1 and give the least squares prediction equation.
c. Give a practical interpretation of the value of ?̂ 1.
d. Find ? 2 , the estimator of the variance ? 2 of the random error term ?.
e. Use the least squares model to estimate the mean number of strikes if the age of fish is 170 days.
f. List the assumptions required for the regression analysis.
g. Is there evidence that age of fish contributes information for the prediction of number of strikes? Conduct a hypothesis test using ? = 0.1.
h. Find a 97 % Confidence interval for ?1.
In: Statistics and Probability