Please show all work, step by step:
a. The critical value
b. the error bound
c. The minimum and maximum numbers of the interval. On
interpretations include information about the specific problem.
1. As part of an environmental studies
class project, students measured the circumference of a random
sample of 45 blue spruce trees near Brainard Lake, Colorado. The
sample mean circumference was x = 29.8 inches. Assume that o is
known to be 7.2 inches.
a. Find a 90% confidence interval for the population mean
circumference of all blue spruce trees near this lake.
b. Interpret the meaning of the confidence interval in the context
of this problem.
2. James is self employed and sells cookware at home
parties. She wants to estimate the average amount a client spends
at each party. A random sample of 35 receipts gave a mean of x =
$34.70 with standard deviation s = $4.85.
a. Find a 99% confidence interval for the average amount spent by
all clients.
b. Interpret the meaning of the confidence interval in the context
of this problem.
3. How long does it take to commute from home to work?
It depends on several factors, including routes, traffic and time
of departure. The data below are results (in minutes) from a random
sample of eight trips.
27. 38. 30. 42. 24. 37. 30. 39.
a. What are the sample mean x and the sample standard deviation
s?
b. Use these data to create a 98% confidence interval for the population mean time of the commute.
A random sample of 19 rainbow trout caught at Brainard
Lake x = 11.9 inches with sample standard deviation o= 2.8
inches.
Find a 95% confidence interval for the population mean length of
all rainbow trout in this Lake.
b. Interpret the meaning of the confidence interval in the context of this problem.
5. A random sample of 78 students was interviewed, and 59 students said that they would vote for Stella Joh as student body president.
a. Let p represent the proportion of all students at
this college who will vote for Stella. Find a point estimate p for
p.
b. Find a 98% confidence interval for p.
6. A random sample of students was asked for the
number of semester hours they are taking this semester. The
standard deviation was found to be o = 4.7 semester hours.
a. How many students should be included in the sample to be 90%
sure that the sample mean x is within 1 semester hour of the
population mean u for all students at this college.?
What percentage of college students owns a cellular
phone? Let p be the proportion of college students that own a
cellular phone.
a. If no preliminary study is made to estimate p, how large a
sample a sample is needed to be 95% sure that a point estimate p
will be within a distance of 0.08 from p.
b. A preliminary study shows that approximately 38%of college students own cellular phones. How large a sample is needed to be 95% sure that a point estimate p will be within a distance of 0.08 from p.
In: Statistics and Probability
The pH of a white vinegar solution is 2.11. This vinegar is an aqueous solution of acetic acid with a density of 1.09 g/mL. What is the mass percentage of acetic acid in the solution? Ka (acetic acid)= 1.8 X10-5
Mass percentage =___________ %
In: Chemistry
In: Statistics and Probability
In 1898, the first Putting Green Championship was held. The winner’s prize money was $466. In 2002, the winner’s check was $1049361. What was the percentage increase per year in the winner’s check over this period? ( as a percentage and round to 2 decimal places)
In: Accounting
Pureform, Inc., uses the weighted-average method in its process costing system. It manufactures a product that passes through two departments. Data for a recent month for the first department follow:
| Units | Materials | Labor | Overhead | ||||
| Work in process inventory, beginning | 79,000 | $ | 99,000 | $ | 34,200 | $ | 46,700 |
| Units started in process | 749,000 | ||||||
| Units transferred out | 770,000 | ||||||
| Work in process inventory, ending | 58,000 | ||||||
| Cost added during the month | $ | 1,297,800 | $ | 523,355 | $ | 598,120 | |
The beginning work in process inventory was 80% complete with respect to materials and 65% complete with respect to labor and overhead. The ending work in process inventory was 60% complete with respect to materials and 50% complete with respect to labor and overhead.
Required:
Assume that the company uses the FIFO method in its process costing system.
1. Compute the first department's equivalent units of production for materials, labor, and overhead for the month.
2. Compute the first department's cost per equivalent unit for materials, labor, overhead, and in total for the month. (Round your answers to 2 decimal places.)
.
Madison Park Co-op, a whole foods grocery and gift shop, has provided the following data to be used in its service department cost allocations:
|
Service Departments |
Operating Departments |
||||||
| Administration | Janitorial | Groceries | Gifts | ||||
| Departmental costs before allocations | $200,000 | $60,000 | $3,820,000 | $340,000 | |||
| Employee-hours | 480 | 310 | 2,720 | 170 | |||
| Space occupied—square feet | 600 | 1,300 | 9,400 | 600 | |||
Required:
Using the step-down method, allocate the costs of the service departments to the two operating departments. Allocate Administration first on the basis of employee-hours and then Janitorial on the basis of space occupied. (Please enter allocations from a department as negative and allocations to a department as positive. The line should add across to zero. Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.)
In: Accounting
Bond J has a coupon rate of 5 percent. Bond K has a coupon rate of 9 percent. Both bonds have 9 years to maturity, make semiannual payments, and have a YTM of 7 percent.
If interest rates suddenly rise by 4 percent, what is the percentage price change of Bond J? -23.65% -21.67% -22.67% -23.67%
If interest rates suddenly rise by 4 percent, what is the percentage price change of Bond K? 31.98% -21.57% -19.59% -21.59%
If interest rates suddenly fall by 4 percent, what is the percentage price change of Bond J? 33.25% -33.74% 33.23% -23.69%
If interest rates suddenly fall by 4 percent, what is the percentage price change of Bond K? -21.61% 29.89% -10.25% 29.77%
In: Finance
Currently Delta's market capitalization is (approximately) $21.1 billion and beta is 1.3. What does this mean?
In: Economics
|
Both Bond Sam and Bond Dave have 9 percent coupons, make semiannual payments, and are priced at par value. Bond Sam has 2 years to maturity, whereas Bond Dave has 17 years to maturity. (Do not round your intermediate calculations.) |
| Requirement 1: |
| (a) | If interest rates suddenly rise by 2 percent, what is the percentage change in the price of Bond Sam? |
| (b) | If interest rates suddenly rise by 2 percent, what is the percentage change in the price of Bond Dave? |
| Requirement 2: |
| (a) |
If rates were to suddenly fall by 2 percent instead, what would the percentage change in the price of Bond Sam be then? |
| (b) |
If rates were to suddenly fall by 2 percent instead, what would the percentage change in the price of Bond Dave be then? |
In: Finance
Prepare 5 pages (max. ) brief description about Multiphase flow pumps that work at high gas volume fraction or percentage ( high GVF).
The report should address the following important points:
-Differences between multiphase flow pump (for gas and liquid mixture) and single phase flow pump (for liquid).
-Difference between multiphase (gas-liquid) flow pump at high gas percentage (say 80% and above gas) and a compressor.
-Differences in pump head, pump speed, design and stages should be addressed.
-How can we modify a single phase flow pump (liquid only) to handle gas-liquid flow
-How can we modify a gas-liquid flow pump to handle gas percentage rather than low percentage of gas
In: Mechanical Engineering
|
Bond J has a coupon rate of 6 percent. Bond K has a coupon rate of 10 percent. Both bonds have 10 years to maturity, make semiannual payments, and have a YTM of 7 percent. |
| If interest rates suddenly rise by 3 percent, what is the percentage price change of Bond J? | |
|
| If interest rates suddenly rise by 3 percent, what is the percentage price change of Bond K? | |
|
| If interest rates suddenly fall by 3 percent, what is the percentage price change of Bond J? | |
|
| If interest rates suddenly fall by 3 percent, what is the percentage price change of Bond K? | |
|
In: Finance