A state's environmental agency worries that a larger percentage of cars may be violating clean air standards. In the past, the percentage of cars that violate clean air standards has been 10%. The agency hopes to check a sample of vehicles in order to estimate that percentage with a margin of error of 1% and with 99% confidence.
How many cars should be sampled? Show your work! Formula(s), substitutions, answer! Round your z or t value to 3 decimal places.
In: Statistics and Probability
In the following Table you are given information on Real GDP and Nominal GDP.
Compute the percentage change in Nominal GDP from 1970 to 1980 (15 points) and the percentage change in Real GDP (15 points) from 1970 to 1980.
|
Year |
Nominal GDP (In Current Prices) |
Real GDP (Base Year 2000 Prices) |
|
1970 |
4,000 |
2,000 |
|
1980 |
6,000 |
4,500 |
Where do you attribute the difference between the two percentage changes?
In: Economics
The body temperatures of a group of healthy adults have a bell-shaped distribution with a mean of
98.2198.21degrees°F
and a standard deviation of
0.540.54degrees°F.
Using the empirical rule, find each approximate percentage below.
|
a. |
What is the approximate percentage of healthy adults with body
temperatures within
11 standarddeviationdeviation of the mean, or between97.6797.67degrees°F and98.7598.75degrees°F? |
|
b. |
What is the approximate percentage of healthy adults with body
temperatures between
97.1397.13degrees°F and99.2999.29degrees°F? |
In: Statistics and Probability
In September 1963, the first issue of the comic book X-MEN was issued. The original price for that issue was $0.12.
By September 2019, 56 years later, the value of the near-mint copy of this comic book had risen to $55,000.
What annual rate of interest would you have earned if you had bought the comic in 1963 and sold it in 2019?
The annual rate of interest you would have earned is nothing %. (Round to two decimal places.)
In: Finance
Environmentalists concerned about the impact of high-frequency radio transmissions on birds found that there was no evidence of a higher mortality rate among hatchlings in nests near cell towers. They based this conclusion on a test using alpha=0.05. Would they have made the same decision at alpha=0.10? How about alpha=0.01? Explain. (Hint: It would help if you write the null and alternative hypotheses).
Please show all work. Typed work only. no handwritten.
In: Statistics and Probability
1.Describe the two different ways in which an ADI may be exposed to interest rate risk. What would it do – in respect of the two different aspects of interest rate risk – if it thought interest rates were going to increase in the near future and wanted to take advantage of this prediction? Explain how these actions will be of benefit if interest rates do increase as predicted?
2.Describe how a bank could use derivatives to hedge an exposure to decreasing interest rates.
In: Finance
Explain why each of the following actions would negatively impact the results of a recrystallization procedure. Answer each in two sentences or less.
i) After achieving proper dissolution, immediately cooling the solution in an ice bath.
ii) Dissolving all of the material at room temperature, then heating to near the solvent boiling point, followed by cooling to 0 °C.
iii) Upon collection of the recrystallized material on a filter, rinsing with 1-2 mL of room temperature solvent.
In: Chemistry
Let us say that you work for Starbucks!
Since college campuses are traditionally very attractive locations for Coffee-shops, your District manager is proposing to set up a coffee shop near at the junction of Broadway and 35th .
As a statistical consultant how would you explore this option?
Discuss what would be your population and variables, type of variables and how many?
Do you think some kind of secondary data would suffice in this case?
In: Statistics and Probability
Corporate management and the Board of Directors fulfil a vital role to ensure good corporate governance within a company. Which of the reasons, listed below, has been a major contributing factor to corporate governance scandals?
Question 23 options:
|
Changes to government regulations regarding public reporting and disclosure |
|
|
Unclear separation of ownership and management |
|
|
Maximizing current share holder value tends to focus on the value near term |
|
|
Shareholders have dumped the company's stock |
In: Finance
In: Economics