If a cell phone company conducted a telemarketing campaign to generate new clients, and the probability of successfully gaining a new customer was 0.05, what are the probabilities that contacting 25 potential new customers would result in at least 5 new customers?

A Health Club chain offers three physical fitness programs in two states, New York and New Jersey. A researcher has decided to test the club’s advertised claims of the benefits of these programs. The table below, shows the results (weight loss in pounds) of the researcher’s findings.

a) State the hypotheses for this experiment.

b) Using Excel, run the appropriate Data Analysis (Attach your Excel results)

c) Is there any significant interaction effect?

If there is any interaction effect? ___ Yes ___No. Explain why or, why: not.

d) Make your decision(s): (

e) Draw your conclusion(s) (in the context of the problem):

1. UCI is letting students choose a new UCInetID username. Under the new system, each username must

be exactly 8 characters long; available characters are lowercase letters (a-z, 26 possible choices) and

numerical digits (0-9, 10 possible choices).

UCI would like the first character and the last three characters to be numerical digits, and the middle

four characters to be letters.

(a) How many different UCInetID usernames are possible?

(b) How many different UCInetID usernames are possible if none of the numerical digits can be used

more than once?

(c) How many different UCInetID usernames are possible if no character (letters or numbers) can be

used more than once?

(d) You are trying to log in to Canvas, but you have forgotten your UCInetID username over the

winter break. You don’t remember the whole username, but you do remember that the first three

characters are ”3li.”

Using this information you take a guess. What is the probability that you guess correctly? Note:

the only restrictions are those from the original problem, not any previous sub-problems.

Mimi has seven new summer outfits. She plans to pack three of the new summer outfits in her trip to Tokyo.

(a) How many different ways can the three summer outfits be selected?

(b) Please describe the method used and the reason why it is appropriate for answering the question. Just the answer, without the description and reason, will receive no credit.

What role does new technology play in creating new applications? Cite real world applications.

Suppose a new standardized test is given to 97 randomly selected​ third-grade students in New Jersey. The sample average score Upper Y overbarY

on the test is 56 ​points and the sample standard​ deviation, s Subscript Upper YsY​, is 10 points. The authors plan to administer the test to all​ third-grade students in New Jersey.

1. The​ 95% confidence interval for the mean score of all New Jersey third graders is (round to two decimal places).

2. Suppose the same test is given to 190 randomly selected third graders from​ Iowa, producing a sample average of 66 points and sample standard deviation of

13 points.The​ 90% confidence interval for the difference in mean scores between Iowa and New Jersey is (round to two decimal places)

3. The p​-value of the test of no difference in means versus some difference is

The Transportation Revolution made possible many new business models. Identify, describe, and elaborate on one new business model created by the development of a network of railroads across America. Please, include cited references for bibliography APA style.

For a new 5-year project, your company is considering buying new machine costing $1,000,000. The expected salvage of the machine at the end of the project is $80,000. The marketing department has forecasted that the company will be able to sell 120,000 units of new product per year at $15 per unit. The production department has indicated that the variable cost per unit will be $6. The company has forecasted that the incremental fixed costs associated with the project are $100,000. The company believes that the project will require an initial investment in operating net working capital of $150,000. Thereafter, the investment in operating net working capital will be 10% of sales.

The CCA rate is 25%, the tax rate is 40%, and the required rate of return is 15%.

1) Using net present value (NPV) calculation to determine if the company should purchase the new machine. Show all work.

2) Figure out the break-even number of units that the company must sell each year.

3) Using sensitivity analysis to determine which input (units sold, price per unit, variable cost per unit, or fixed cost) has the greatest forecasting risk. Change the input forecast by +5% and -5% to determine the impact on the NPV of the project.

4) Complete scenario analysis: a pessimistic scenario and a very pessimistic scenario. The value of the inputs for each scenario are shown in the table below. Calculate the NPV under these two additional scenarios.

Jim and Noelle are both new powerlifters. Noelle told Jim about her new training routine and said she had a 20% increase in circumference around her upper thigh along with a 15% gain in leg strength after only a month on her new routine. Jim had been struggling with both size and strength improvements so excitedly adopted Noelle’s leg training plan. After 2 months, he had still only gained about 8% in size and 7% in strength. Assuming they have similar diets and started with similar body fat percentages, what is the most likely reason for the difference in their responses to the same training routine?

FINANCIAL FORECASTING Sue Wilson, the new financial manager of New World Chemicals (NWC), a

California producer of specialized chemicals for use in fruit orchards, must prepare a formal financial forecast

for 2017. NWC’s 2016 sales were $2 billion, and the marketing department is forecasting a 25% increase for

2017. Wilson thinks the company was operating at full capacity in 2016, but she is not sure. The first step in

her forecast was to assume that key ratios would remain unchanged and that it would be “business as usual”

at NWC. The 2016 financial statements, the 2017 initial forecast, and a ratio analysis for 2016 and the 2017

initial forecast are given in Table IC 16.1.

Assume that you were recently hired as Wilson’s assistant and that your first major task is to help her

develop the formal financial forecast. She asks you to begin by answering the following questions.

a. Assume (1) that NWC was operating at full capacity in 2016 with respect to all assets, (2) that all assets

must grow at the same rate as sales, (3) that accounts payable and accrued liabilities also will grow at

the same rate as sales, and (4) that the 2016 profit margin and dividend payout will be maintained.

Under those conditions, what would the AFN equation predict the company’s financial requirements to

be for the coming year?

b. Consultations with several key managers within NWC, including production, inventory, and receivable

managers, have yielded some very useful information.

1. NWC’s high DSO is largely due to one significant customer who battled through some hardships the

past 2 years but who appears to be financially healthy again and is generating strong cash flow. As a

result, NWC’s accounts receivable manager expects the firm to lower receivables enough for a

calculated DSO of 34 days without adversely affecting sales.

2. NWC was operating slightly below capacity; but its forecasted growth will require a new facility,

which is expected to increase NWC’s net fixed assets to $700 million.

3. Arelatively newinventorymanagement system(installed last year) has taken some time to catch on and

to operate efficiently.NWC’s inventory turnover improved slightly last year, but this yearNWC expects

even more improvement as inventories decrease and inventory turnover is expected to rise to 10 .

Incorporate that information into the 2017 initial forecast results, as these adjustments to the initial forecast

represent the final forecast for 2017. (Hint: Total assets do not change from the initial forecast.)

c. Calculate NWC’s forecasted ratios based on its final forecast and compare them with the company’s

2016 historical ratios, the 2017 initial forecast ratios, and the industry averages. How does NWC

compare with the average firm in its industry, and is the company’s financial position expected to

improve during the coming year? Explain.