Indicate whether the following losses are covered under Section II of the homeowners policy. Assume there are no special endorsements and no deductible. Give reasons for your answers.

1. The named insured’s dog bites a neighbor’s child

2. The named insured's dog eats a neighbor's coat.

3. A neighbor’s child falls off a swing in the named insured’s yard and breaks an arm.

4. The named insured falls on his icy sidewalk and breaks a leg.

5. While driving to the supermarket, the named insured injures another motorist with the automobile.

6. The named insured paints houses for a living. A can of paint accidentally spills onto a customer’s roof and discolors it.

7. The named insured falls asleep while smoking a cigarette in a rented hotel room, and the room is badly damaged by the fire.

2. A travel agent wanted to know whether the price (in dollars) of Marriot, Hyatt, and Sheraton Hotels differed significantly. The following data represents the room rate for each hotel in 6 randomly selected cities.

1. What test is appropriate in this situation?

2. Do you think the price of Marriot, Hyatt, and Sheraton Hotels differed significantly based on the interaction plot below? Use 4 Cs analysis to justify your answer.

3. Determine which pairs differ significantly, if the price differs.

May use MiniTab for statistical analysis

You have been hired by a company that is designing a new slide (Chorrera) for an aquatic amusement park. In the conceptual design, a customer is expected to go down the curved end slide and then move horizontally across the bottom. At the end of the slide, the client grasps the end of a 16.0 m long vertical bar that can rotate around its center. After holding on to the bar, the client falls into a pool. When the bar moves (oscillates) to its maximum distance, the customer can drop it and fall into the water. Your task is to determine the height of the slide such that the maximum horizontal distance that the bar moves is 5.0 m, for a 60 kg person. The bar has five times the mass of a 60 kg person. From the physics book, you can find the moment of inertia of the bar under consideration.

. The Green Shingle purchased a parcel of land 6 years ago for $299,500. Since the firm wasn't ready to use the site itself at that time, it decided to lease the land for $28,000 a year. The Green Shingle is now considering building a hotel on the site. The current value of the land is $347,500. The firm has a mortgage secured by the property with $12,670 annual interest expenses, and would need to spend $64,000 to improve the land for construction. Which of the following is correct?

A. The purchase price of the parcel of land 6 years ago is a sunk cost for the project.
B. The current value of the land is an opportunity cost for the project.
C. The $12,670 annual interest expenses are a relevant cash flow for the project.
D. The $64,000 expense to improve the land is an irrelevant cash flow for the project.
E. A and B only.

F. A and C only.

1. A rock is thrown downward into a well that is 8.70 m deep.

If the splash is heard 1.10 seconds later, what was the initial speed of the rock? Take the speed of sound in the air to be 343 m/s.

2. A bird-watcher is hoping to add the white-throated sparrow to her "life list" of species. Person, only 1.00 m from the bird, hears the sound with an intensity of 2.68×10^?5 W/m² .

How far could she be from the bird and still be able to hear it? Assume no reflections or absorption of the sparrow's sound.

3. At Zion National Park a loud shout produces an echo 2.00 s later from a colorful sandstone cliff.

How far away is the cliff? Take the speed of sound in the air to be 343 m/s .

Pulau Penang Island Resort. Theresa Nunn is planning a​ 30-day vacation on Pulau​ Penang, Malaysia, one year from now. The present charge for a luxury suite plus meals in Malaysian ringgit​ (RM) is RM1,041​/day. The Malaysian ringgit presently trades at RM3.1350​/$. She determines that the dollar cost today for a​ 30-day stay would be $9,961.72. The hotel informs her that any increase in its room charges will be limited to any increase in the Malaysian cost of living. Malaysian inflation is expected to be 2.7397% annum, while U.S. inflation is expected to be 1.287​%.

a. How many dollars might Theresa expect to need one year hence to pay for her​ 30-day vacation?

b. By what percent will the dollar cost have gone​ up? Why?

Which of the following services should recover full cost? Why? Which of these should use block-rate or peak-period pricing? Why? For which services is partial cost pricing justified?

a. Public library

b. On-demand genealogy research services offered by public library

c. Public transportation (bus and rail)

d. Public swimming pool

e. Public water park with wave pool and slides

f. Senior citizens center

g. Space for senior citizens to exhibit and sell arts, crafts, and antiques

h. Toll bridge

i. Mosquito spraying to control West Nile virus

j. Public housing

k. Disaster shelters

l. Large item (refrigerators, sofas) disposal in landfill

m. Household hazardous-waste disposal