Questions
At a certain university, 50% of all entering freshmen planned to major in a STEM (science,...

At a certain university, 50% of all entering freshmen planned to major in a STEM (science, technology, engineering, mathematics) discipline. A sample of 36 freshmen is selected. What is the probability that the proportion of freshmen in the sample is between 0.482 and 0.580? Write the answer as a number to the 4th decimal (0.1234).

The intended steps are as follows:

Step 1: Check to see that the conditions np ≥ 10 and n(1− p) ≥ 10 are
both met. If so, it is appropriate to use the normal curve.
Step 2: Find the mean Up and standard deviation ap.
Step 3: Sketch a normal curve and shade in the area to be found.
Step 4: Find the area using the TI-84 PLUS.

In: Math

Employees of Harvin & Co. are divided among the three divisons: Management and Administration, Machine Operations,...

Employees of Harvin & Co. are divided among the three divisons: Management and Administration, Machine Operations, and Maintenance. The following table shows the number of employees in each division, classified by gender.

                                                    Female           Male           Total

Mgmt & Administration           20                   11                   31

Machine Operators                    75                 125                 200

Maintenance                                  4                   16                    20

Total                                            99                 152                  251

Let A = a randomly chosen employee is a female,

      B = a randomly chosen employee is a male,

      C = a randomly chosen employee works in Management & Administration,

      D = a randomly chosen employee is a machine operator.

What is the approximate probability that a randomly chosen employee is a machine operator given that this person is a female?   

In: Math

Walthman Industries Inc. employs seven salespersons to sell and distribute its product throughout the state. Data...

Walthman Industries Inc. employs seven salespersons to sell and distribute its product throughout the state. Data taken from reports received from the salespersons during the year ended December 31 are as follows:

Salesperson Total Sales Variable Cost of Goods Sold Variable Selling Expenses
Case $366,000 $161,040 $54,900
Dix 528,000 300,960 68,640
Johnson 581,000 313,740 92,960
LaFave 448,000 255,360 58,240
Orcas 389,000 140,040 62,240
Sussman 323,000 171,190 54,910
Willbond 422,000 143,480 75,960

Required:

1. Prepare a table indicating contribution margin, variable cost of goods sold as a percent of sales, variable selling expenses as a percent of sales, and contribution margin ratio by salesperson. Round percents to the nearest whole number. Enter all amounts as positive numbers.

Waltham Industries Inc.
Salespersons' Analysis
For the Year Ended December 31
Salesperson Contribution Margin Variable Cost of Goods
Sold as a Percent of Sales
Variable Selling Expenses
as a Percent of Sales
Contribution Margin
Ratio
Case $ % % %
Dix % % %
Johnson % % %
LaFave % % %
Orcas % % %
Sussman % % %
Willbond % % %

Feedback

Calculate:

Column 1: Contribution margin = Total sales – (Variable cost of goods sold + Variable selling expenses)

Column 2: Variable cost of goods sold as a percent of sales = Variable cost of goods sold/Total sales

Column 3: Variable selling expenses as a percent of sales = Variable selling expenses/Total sales

Column 4: Contribution margin ratio = Contribution margin/Total sales

2. Which salesperson generated the highest contribution margin ratio for the year?

Feedback

2. The salesperson who generated the highest contribution margin ratio for the year, probably sells a favorable mix of product that has high manufacturing margins as a percent of sales.

3. Identify the factors other than contribution margin that should be considered in evaluating the performance of salespersons.

  1. Rate of growth in sales for the current year compared with past years
  2. Years of experience for salespersons
  3. Size of sales territory
  4. Actual sales compared with budgeted sales
  5. All of the above

In: Accounting

Company X is trying to estimate future inspection fees based on prior experience. You (the accountant)...

Company X is trying to estimate future inspection fees based on prior experience. You (the accountant) requested and gathered from various managers the number of orders received each week,

the average weight of each order, and the average cost of each order. You then compared this data to the actual inspection fees incurred. The data is summarized below:

Week Inspection Fees # orders received Size of order (lbs) Cost of order
Week 1 $57,600 219,379 889,114 $25,847
Week 2 $36,500 126,965 320,181 $12,748
Week 3 $40,500 197,583 700,000 $43,910
Week 4 $47,200 231,072 539,044 $9,421
Week 5 $54,700 255,388 677,425 $20,382
Week 6 $56,500 142,072 396,396 $16,329
Week 7 $39,500 151,618 468,812 $11,097
Week 8 $30,400 90,306 267,177 $10,190
Week 9 $20,000 72,718 187,030 $6,082
Week 10 $50,000 123,008 466,636 $16,723
Week 11 $30,000 126,341 135,045 $2,932
Week 12 $20,000 41,988 204,808 $4,202
Week 13 $42,900 155,783 576,713 $9,420
Week 14 $55,300 266,358 603,139 $19,635
Week 15 $28,000 46,367 211,147 $9,319
Total $609,100 2,246,946 6,642,667 $218,237
Per Week 40607 149796 442844 $14,549

Regression

You take your estimate for Week 16 to the boss and he/she seemed skeptical of the results. The boss sends you back to do some more work. You decide to use regression.
Run regression analysis for the two most promising variables. Compare the coefficient of determination for each.
Which one has the highest coefficient of determination? Construct a cost equation.

Independent variable with the highest coefficient of determination is:

New Cost equation is:

Using your new cost equation developed above, redo your estimate for week 16 inspection fees.
Compare your results to your earlier answer using the high-low method.

New estimate for week 16 using new cost equation:

Compare results to earlier prediction using high/low method:

In: Statistics and Probability

Part A) Find the pressure in mmHg of a 0.124 g sample of helium gas in...

Part A) Find the pressure in mmHg of a 0.124 g sample of helium gas in a 649 mL container at 34 ∘C. Express the pressure to three significant figures and include the appropriate units.

Part B) xture with a total pressure of 770 mmHg contains each of the following gases at the indicated partial pressures: 140 mmHg CO2, 112 mmHg Ar, and 128 mmHg O2. The mixture also contains helium gas.

What is the partial pressure of the helium gas?

What mass of helium gas is present in a 23.0-L sample of this mixture at 263 K ?

Part C)  cylinder with a moveable piston contains 0.76 mol of gas and has a volume of 337 mL .

What is its volume after an additional 0.26 mol of gas is added to the cylinder? (Assume constant temperature and pressure.)

Express your answer to three significant figures.

Part D) A gas mixture with a total pressure of 770 mmHg contains each of the following gases at the indicated partial pressures: 140 mmHg CO2, 112 mmHg Ar, and 128 mmHg O2. The mixture also contains helium gas.

What mass of helium gas is present in a 23.0-L sample of this mixture at 263 K ?

Express your answer in grams.

In: Chemistry

3. a) Using only the following information:    • ∆H°f for NO (g) is +90.4 kJ/mol    •...

3. a) Using only the following information:   

• ∆H°f for NO (g) is +90.4 kJ/mol
   • ∆H° = –56.6 kJ/mol for the reaction: NO (g) + 1/2 O2 (g) à  NO2 (g)  

Determine ∆H°f for NO2 (g).

b) Using only your answer to (a) and the following information:    

•∆H° = –283.0 kJ/mol for the reaction: CO (g) + 1/2 O2 (g) à  CO2 (g)  Determine ∆H° for the reaction:   4 CO (g) + 2 NO2 (g) à  4 CO2 (g) + N2 (g)

c) A 10.0-L vessel contains 5.0 atm of CO and 3.0 atm of NO2 at 25°C. How much heat (in Joules) will be liberated if this is allowed to react to completion according to the reaction in part (b)?
d) In a separate experiment using a very large reaction vessel with a movable piston, 6.00 moles of CO2 (g) reacts completely with 3.00 moles of nitrogen gas according to the following equation at 25°C and with

a constant external pressure of 2.00 atm:

4 CO2 (g) + N2 (g) à  4 CO (g) + 2 NO2 (g)     
  This reaction proceeds to completion. Calculate ∆U, q, and w for this reaction under these conditions.

In: Chemistry

A commercial jet aircraft has two engines. Both engines have a reliability of 0.90, in other...

A commercial jet aircraft has two engines. Both engines have a reliability of 0.90, in other words the probability that a given engine will not fail is 0.90. Engines are assumed to operate independently from each other.

a. Do you think the following two events are mutually exclusive?

Event 1: Engine 1 will not fail
Event 2: Engine 2 will not fail

A) Yes, since they are independent

B) No

C) There is not enough information to determine if they are

D)Yes, since they are dependent   

b.What is the probability that both engines will fail?

c.Given that the second engine has failed, what is the probability that the first engine will fail?

d. Given that the first engine has failed, what is the probability that the second engine will fail?

e.What is the probability that neither engine will fail?

f.What is the probability that at least one of the engines will fail?

g.What is the probability that exactly one engine will fail?

In: Statistics and Probability

STAT 14_3: Ronit has a box with beads. The beads are opaque or transparent and available...

STAT 14_3:

Ronit has a box with beads. The beads are opaque or transparent and available in several colors.
The probability of a random bead being red is 0.3. The probability of a bead being transparent is 0.6.
Of the red beads - the probability of a random bead being transparent is 0.5.

a. Remove 8 beads from the box at random and upon return. What is the probability that exactly two of them will be red?

b. Take beads out of the box accidentally and on return until you first remove a transparent bead
i. What is the probability of getting more than 4 beads?
ii. The first two beads taken out were not transparent. What is the probability of getting 7 beads out of the box?

c. Remove 10 beads from the box at random and upon return. What is the probability that exactly three of them will be red and transparent, two opaque and red and 5 transparent and red?

In: Statistics and Probability

uestions 2, 3 and 4 relate to the following information. The administrative employees of Wyer Co...

uestions 2, 3 and 4 relate to the following information.

The administrative employees of Wyer Co Pty Ltd, can be classified according to the following table:

Salary Level p.a.

Branch
$20,000 - $30,000
$30,001 - $40,000
Albury

3,000

200

Bathurst

1,000

1,600

Wagga

900

2,100

2 The probability that an employee, selected at random, works at the Wagga branch is approximately:
A. 0.71
B. 0.54
C. 0.34
D. 0.18

3 The joint probability that an employee, selected at random, earns $30,001 - $40,000 and works at the Albury branch is approximately:
A. 0.80
B. 0.16
C. 0.05
D. none of the above.
4 The probability that an employee, selected at random, earns between $20,000 and $30,000, given that they work at the Wagga branch, would be an example of a:
A. marginal probability
B. probability that must be calculated in accordance with addition theorem
C. conditional probability
D. joint probability

In: Accounting

The reading speed of sixth-grade students is approximately normal with a mean speed of 125 words...

The reading speed of sixth-grade students is approximately normal with a mean speed of 125 words per minute and a standard deviation of 24 words per minute.
(Note: Labelled diagrams and proper notation are required for part a), b), c).)
a) What is the probability that a randomly selected student will read more than 130 words per minute? Interpret this probability.
b) What is the probability that the mean reading rate for a random sample of 12 sixth-grade students is more than 130 words per minute? Interpret this probability.
c) What is the probability that the mean reading rate for a random sample of 24 sixth-grade students is more than 130 words per minute? Interpret this probability.
d) Compare the probabilities in part b) and part c). What effect does increasing the sample size have on the probability?

In: Statistics and Probability