Questions
A psychologist wanted to know if students in her class were more likely to cheat if...

A psychologist wanted to know if students in her class were more likely to cheat if they were low achievers. She divided her 60 students into three groups (low, middle, and high) based on their mean course score on the previous three course-testings. She then asked them to rate how likely they were to cheat on an course-testings if the opportunity presented itself with very limited chance for consequences. The students rated their desire to cheat on a scale ranging from 1-100, with lower numbers indicating less desire to cheat.

  1. Before opening the data, what would you hypothesize about this research question?
  2. Achievement_Group Gender Cheat
    1 0 20
    1 0 40
    1 0 49
    1 0 50
    1 0 51
    1 0 51
    1 0 52
    1 0 53
    1 0 58
    1 1 42
    1 1 48
    1 1 48
    1 1 52
    1 1 55
    1 1 55
    1 1 56
    1 1 59
    1 1 67
    1 1 80
    1 1 79
    2 0 19
    2 0 25
    2 0 20
    2 0 29
    2 0 24
    2 0 32
    2 0 25
    2 0 27
    2 0 30
    2 0 55
    2 1 40
    2 1 25
    2 1 27
    2 1 35
    2 1 42
    2 1 30
    2 1 30
    2 1 34
    2 1 40
    2 0 27
    3 0 60
    3 0 65
    3 0 69
    3 0 78
    3 0 79
    3 0 80
    3 0 80
    3 0 90
    3 0 95
    3 0 50
    3 1 55
    3 1 55
    3 1 60
    3 1 69
    3 1 70
    3 1 70
    3 1 88
    3 1 90
    3 1 90
    3 1 91

In: Statistics and Probability

Two men, A and B, who usually commute to work together decide to conduct an experiment...

Two men, A and B, who usually commute to work together decide to conduct an experiment to see whether one route is faster than the other. The men feel that their driving habits are approximately the same, so each morning for two weeks one driver is assigned to route I and the other to route II. The times, recorded to the nearest minute, are shown in the following table. Using this data, find the 98%98%confidence interval for the true mean difference between the average travel time for route I and the average travel time for route II.

Let d=(route I travel time)−(route II travel time)d=(route I travel time)−(route II travel time). Assume that the populations of travel times are normally distributed for both routes.

Day M Tu W Th F M Tu W Th F
Route I 32 25 27 32 28 31 32 31 28 32
Route II 31 23 26 27 25 33 31 27 27 33

Copy Data

Step 1 of 4:

Find the mean of the paired differences, d‾‾d‾. Round your answer to one decimal place.

Step 2 of 4:

Find the critical value that should be used in constructing the confidence interval. Round your answer to three decimal places.

Step 3 of 4:

Find the standard deviation of the paired differences to be used in constructing the confidence interval. Round your answer to one decimal place.

Step 3 of 4:

Find the standard deviation of the paired differences to be used in constructing the confidence interval. Round your answer to one decimal place.

In: Statistics and Probability

Use the option quote information shown here to answer the questions that follow. The stock is...

Use the option quote information shown here to answer the questions that follow. The stock is currently selling for $44.

Calls Puts
Strike
  Option Expiration Price   Vol. Last    Vol. Last
  Macrosoft Feb 46 102 1.93 57 2.93
Mar 46 78 2.17 39 3.34
May 46 39 2.45 28 3.76
Aug 46 20 2.66 20 3.80
a.

Suppose you buy 27 contracts of the February 46 call option. How much will you pay, ignoring commissions?


   


Suppose you buy 27 contracts of the February 46 call option. Macrosoft stock is selling for $47 per share on the expiration date.

b-1. How much is your options investment worth?
b-2. What if the terminal stock price is $46?


     


Suppose you buy 27 contracts of the August 46 put option.
c-1. What is your maximum gain?
c-2. On the expiration date, Macrosoft is selling for $40 per share. How much is your options investment worth?
c-3. On the expiration date, Macrosoft is selling for $40 per share. What is your net gain?


    


Suppose you sell 27 of the August 46 put contracts.
d-1.

What is your net gain or loss if Macrosoft is selling for $41 at expiration? (Enter your answer as a positive value.)

d-2. What is your net gain or loss if Macrosoft is selling For $48 at expiration? (Enter your answer as a positive value.)
d-3. What is the break-even stock price? (Round your answer to 2 decimal places, e.g., 32.16.)

In: Finance

This is a written, statistical report, not simply a collection of different types of Excel output....

This is a written, statistical report, not simply a collection of different types of Excel output. It is not necessary to include the formulas you used or a copy of the dataset. When answering the questions, make sure to include any relevant statistics and/or the results of your calculations. Like any other written report, you will want to start with an introductory paragraph or problem statement and finish with a conclusion that summarizes the information presented.

1. Use descriptive statistics to summarize the data.

2. Develop a 95% confidence interval estimate of the mean age of unemployed individuals in Philadelphia.

3. Conduct a hypothesis test to determine whether the mean duration of unemployment in Philadelphia is greater than the national mean duration of 14.6 weeks. Use a .01 level of significance. What is your conclusion?

4. Is there a relationship between the age of an unemployed individual and the number of weeks of unemployment? Explain.

Age

Weeks

56

22

35

19

22

7

57

37

40

18

22

11

48

6

48

22

25

5

40

20

25

12

25

1

59

33

49

26

33

13

56

15

20

17

31

11

27

17

23

3

45

17

29

14

31

4

59

39

39

7

35

12

44

38

27

14

24

6

27

7

45

25

42

33

45

16

44

12

21

13

31

16

42

4

23

14

51

31

27

7

30

10

33

23

32

8

22

7

51

12

50

16

21

9

38

5

26

8

55

35

In: Math

The following data give the number of hours 5 students spent studying and their corresponding grades...

The following data give the number of hours 5 students spent studying and their corresponding grades on their midterm exams.

Hours Studying 1 1 3 5 6
Grades 74 86 87 96 98

Step 1 of 5 : Calculate the sum of squared errors (SSE). Use the values b0=76.2307b0=76.2307 and b1=3.7404b1=3.7404 for the calculations.

Step 2 of 5 : Calculate the estimated variance of errors, s^2e. .

Step 3 of 5 : Calculate the estimated variance of slope, s^2b1 .

Step 4 of 5 : Construct the 90% confidence interval for the slope. Lower point and Upper points

Step 5 of 5 : Construct the 99% confidence interval for the slope. Lower point and Upper point

In: Statistics and Probability

3-19 Multiproduct breakeven point (LO 5) Andrew Sinclair operates a lawn care business. He offers customers...

3-19 Multiproduct breakeven point (LO 5) Andrew Sinclair operates a lawn care business. He offers customers a choice of two services. The first service, basic lawn care, includes mowing and trimming of all lawn areas. Andrew bills these customers $30 per hour, and his variable cost for providing this service is $22 per hour. Andrew also offers deluxe lawn care services, which includes flower bed maintenance in addition to basic lawn care. He bills his customers $60 per hour for this service, and his variable cost for providing this service is $28 per hour. Andrew currently spends 1 hour of his time providing deluxe lawn care services for every 4 hours of basic lawn care services. Andrew also incurs $140,800 in fixed costs per year running his business.

Required

a.What is Andrew's profit equation?

b.How many hours of each service type must Andrew provide in a year to break even?

c.Andrew believes that with a little persuasion, he could convert many of his basic lawn care customers to the deluxe service. If he is able to convert enough customers so that he spends an equal amount of time providing basic and deluxe services, how many hours will he need to work to break even?

In: Accounting

What’s the difference between a commercial bank and an investment bank? List one example of each...

What’s the difference between a commercial bank and an investment bank? List one example of each and briefly describe its primary function.

What are some important differences between mutual funds, Exchange Traded Funds, and hedge funds? How are they similar? List one example for each.

In: Finance

How do I respond to this. -->When determining the market price of a bond that is...

How do I respond to this. -->When determining the market price of a bond that is trade-able there are a few things to consider.The amounts, currency and timing of the interest payments and capital repayment due, the quality of the bond, and available redemption yield of other comparable bonds which can be traded in the markets.

In: Finance

Westerville Company reported the following results from last year’s operations: Sales $ 1,400,000 Variable expenses 720,000...

Westerville Company reported the following results from last year’s operations:

Sales $ 1,400,000
Variable expenses 720,000
Contribution margin 680,000
Fixed expenses 470,000
Net operating income $ 210,000
Average operating assets $ 875,000

At the beginning of this year, the company has a $350,000 investment opportunity with the following cost and revenue characteristics:

Sales $ 560,000
Contribution margin ratio 70 % of sales
Fixed expenses $ 336,000

The company’s minimum required rate of return is 15%.

Required

1. What is the ROI related to this year’s investment opportunity?

2. If the company pursues the investment opportunity and otherwise performs the same as last year, what margin will it earn this year?

3. If the company pursues the investment opportunity and otherwise performs the same as last year, what turnover will it earn this year?

4. What is last year’s residual income?

5. If the company pursues the investment opportunity and otherwise performs the same as last year, what residual income will it earn this year?

In: Accounting

[The following information applies to the questions displayed below.] Three different companies each purchased trucks on...

[The following information applies to the questions displayed below.]

Three different companies each purchased trucks on January 1, Year 1, for $50,000. Each truck was expected to last four years or 200,000 miles. Salvage value was estimated to be $5,000. All three trucks were driven 66,000 miles in Year 1, 42,000 miles in Year 2, 40,000 miles in Year 3, and 60,000 miles in Year 4. Each of the three companies earned $40,000 of cash revenue during each of the four years. Company A uses straight-line depreciation, company B uses double-declining-balance depreciation, and company C uses units-of-production depreciation.

Answer each of the following questions. Ignore the effects of income taxes.

b-1. Calculate the net income for Year 4.
b-2. Which company will report the lowest amount of net income for Year 4?

Which company will report the lowest amount of net income for year 4?

In: Accounting