Questions
A factory wants to determine the effectiveness of a new shop floor safety program that they...

A factory wants to determine the effectiveness of a new shop floor safety program that they recently implemented. The company implements the safety program at 12 of its factories and collects annual shop floor accident incidences both before and after the safety program was put into operation in these 12 factories.

1-Specify the competing Null and Alternate hypotheses that you will use to test the effectiveness of the shop floor safety program

Null Hypothesis

Alternative Hypothesis

2-Is this a one-tailed test or a two-tailed test? Explain why.

3-Is this test of “independent samples” or “dependent samples”? Explain why.

4-calculate the value of the t statistic and the appropriate p-value

5-At the 99% confidence level (alpha = 0.01), does the data support the success of the shop floor safety program? Explain how you came to this conclusion.

Factory # Accidents Before Accidents After
1 100 98
2 90 88
3 94 90
4 85 86
5 70 67
6 83 80
7 88 90
8 75 70
9 65 62
10 58 60
11 67 60
12 104 98


In: Statistics and Probability

A. Suppose that General Motors Acceptance Corporation issued a bond with 10 years until​ maturity, a...

A. Suppose that General Motors Acceptance Corporation issued a bond with 10 years until​ maturity, a face value of ​$1000, and a coupon rate of ​7.8% (annual payments). The yield to maturity on this bond when it was issued was 6.2%. Assuming the yield to maturity remains​ constant, what is the price of the bond immediately after it makes its first coupon​ payment? After the first coupon​ payment, the price of the bond will be ​$. (Round to the nearest​ cent.)

B. Suppose that General Motors Acceptance Corporation issued a bond with 10 years until​ maturity, a face value of ​$1000, and a coupon rate of 7.7% ​(annual payments). The yield to maturity on this bond when it was issued was 6.1%. Assuming the yield to maturity remains​ constant, what is the price of the bond immediately before it makes its first coupon​ payment? Before the first coupon​ payment, the price of the bond is ​$ (Round to the nearest​ cent.)

C. Suppose that General Motors Acceptance Corporation issued a bond with 10 years until​ maturity, a face value of $1000, and a coupon rate of 7.1% ​(annual payments). The yield to maturity on this bond when it was issued was 6.3%. What was the price of this bond when it was​ issued? When it was​ issued, the price of the bond was ​$ (Round to the nearest​ cent.)

In: Finance

4. Chapter 12: Using the attached dataset “Chapter 12 Data Set 1” to determine whether there...

4. Chapter 12: Using the attached dataset “Chapter 12 Data Set 1” to determine whether there was a change in tons of paper before vs. after a recycling program in these 25 districts. a. Is this a directional or non-directional hypothesis? b. Should you use a one-tailed or two-tailed test? c. Is a dependent samples t-test an appropriate way to analyze these data? d. Conduct the between groups t-test using Excel (either method). Use the .05 confidence level. What is your conclusion?

District   Before Recycling   After Recycling
District1   20   23
District2   6   8
District3   12   11
District4   34   35
District5   55   57
District6   43   76
District7   54   54
District8   24   26
District9   33   35
District10   21   26
District11   34   28
District12   33   31
District13   54   56
District14   23   22
District15   33   35
District16   44   41
District17   65   56
District18   43   34
District19   53   51
District20   22   21
District21   34   31
District22   32   33
District23   44   38
District24   17   15
District25   28   27

In: Statistics and Probability

The Clifford Corporation has announced a rights offer to raise $20 million for a new journal,...

The Clifford Corporation has announced a rights offer to raise $20 million for a new journal, the Journal of Financial Excess. This journal will review potential articles after the author pays a nonrefundable reviewing fee of $4,000 per page. The stock currently sells for $40 per share, and there are 1.5 million shares outstanding.

a.

What is the maximum possible subscription price? What is the minimum? (Leave no cells blank - be certain to enter "0" wherever required.)

b. If the subscription price is set at $32 per share, how many shares must be sold? How many rights will it take to buy one share? (Do not round intermediate calculations. Round your rights needed answer to 2 decimal places, e.g., 32.16.)
c. What is the ex-rights price? What is the value of a right? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
d. A shareholder with 1,000 shares before the offering has no desire (or money) to buy additional shares offered as rights. What is his portfolio value before and after the rights offer? (Do not round intermediate calculations and round your answers to nearest whole number, e.g., 32.)

In: Finance

Similar to the study described on Handout 11, investigators recorded PWV, a measure of vascular stiffness,...

Similar to the study described on Handout 11, investigators recorded PWV, a measure of vascular stiffness, in 18 children diagnosed with progeria. The objective was to test the effectiveness of the drug lonafarnib. PWV was measured on the 18 children before taking the drug, then re-measured on the same children after receiving a daily dose of the drug for two years. Please see HW3b data, where “untreated” = before taking the drug, and “treated” = after taking the drug for two years.

untreated treated
18.8 12.6
17.6 10.8
17.5 10.1
16 10.1
14.8 9.2
14.1 7.6
13.7 10.8
13.1 7.7
12.9 6.8
12.9 7.5
12.4 9.4
10.1 6.4
9.3 9
9.1 6.2
8.3 7.2
7.9 7.3
8.3 5.7
7.2 9.1

a. Report the null and alternate hypotheses

b. Check assumptions of the matched pairs T-Test with a dotplot or histogram and report if it is reasonable to conduct the test

c. Run the test and report the appropriate test statistic, df, and P value

d. Based on your results from part c, do you accept or reject the null hypothesis?

e. Report the 95% CI for the mean difference between untreated and treated and interpret what this means.

In: Statistics and Probability

A tire manufacturer warranties its tires to last at least 20 comma 000 miles or​ "you...

A tire manufacturer warranties its tires to last at least 20 comma 000 miles or​ "you get a new set of​ tires." In its​ experience, a set of these tires last on average 28 comma 000 miles with SD 5 comma 000 miles. Assume that the wear is normally distributed. The manufacturer profits ​$200 on each set​ sold, and replacing a set costs the manufacturer ​$400. Complete parts a through c.

​(a) What is the probability that a set of tires wears out before 20 comma 000 ​miles? The probability is nothing that a set of tires wears out before 20 comma 000 miles. ​(Round to four decimal places as​ needed.)

​(b) What is the probability that the manufacturer turns a profit on selling a set to one​ customer? The probability is nothing that the manufacturer turns a profit on selling a set to one customer. ​(Round to four decimal places as​ needed.)

​(c) If the manufacturer sells 500 sets of​ tires, what is the probability that it earns a profit after paying for any​ replacements? Assume that the purchases are made around the country and that the drivers experience independent amounts of wear. The probability is nothing that the manufacturer earns a profit after paying for any replacements on 500 sets of tires. ​(Round to four decimal places as​ needed.)

In: Statistics and Probability

Phoebe and Parker are equal members in Phoenix Investors, LLC. They are real estate investors who...

Phoebe and Parker are equal members in Phoenix Investors, LLC. They are real estate investors who formed the LLC several years ago with equal cash contributions. Phoenix then purchased a parcel of land.

On January 1 of the current year, to acquire a one-third interest in the entity, Reece contributed to the LLC some land she had held for investment. Reece purchased the land five years ago for $120,000; its fair market value at the contribution date was $90,000. No special allocation agreements were in effect before or after Reece was admitted to the LLC. Phoenix holds all land for investment.

Immediately before Reece’s property contribution, the balance sheet of Phoenix Investors LLC was as follows:

        Basis FMV

Land $30,000 $180,000

Phoebe, capital 15,000    90,000

Parker, capital 15,000    90,000

A few years later, Pheonix sold the land contributed by Reece for 84,000

A. How much is the recognized gain or loss? how is it allocated among the LLC members

B. Prepare a balance sheet reflecting basis and fair market value for the LLC immediately after the land sale. Also prepare schedules that support the basis and fair market value of each LLC members capital account.

In: Accounting

The Clifford Corporation has announced a rights offer to raise $21 million for a new journal,...

The Clifford Corporation has announced a rights offer to raise $21 million for a new journal, the Journal of Financial Excess. This journal will review potential articles after the author pays a nonrefundable reviewing fee of $5,000 per page. The stock currently sells for $69 per share, and there are 1.4 million shares outstanding.

a.

What is the maximum possible subscription price? What is the minimum? (Leave no cells blank - be certain to enter "0" wherever required.)

b. If the subscription price is set at $60 per share, how many shares must be sold? How many rights will it take to buy one share? (Do not round intermediate calculations. Round your rights needed answer to 2 decimal places, e.g., 32.16.)
c. What is the ex-rights price? What is the value of a right? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
d. A shareholder with 2,000 shares before the offering has no desire (or money) to buy additional shares offered as rights. What is his portfolio value before and after the rights offer? (Do not round intermediate calculations and round your answers to nearest whole number, e.g., 32.)

In: Finance

The Clifford Corporation has announced a rights offer to raise $36 million for a new journal,...

The Clifford Corporation has announced a rights offer to raise $36 million for a new journal, the Journal of Financial Excess. This journal will review potential articles after the author pays a nonrefundable reviewing fee of $5,000 per page. The stock currently sells for $36 per share, and there are 1.8 million shares outstanding.

ch15.2

a.

What is the maximum possible subscription price? What is the minimum? (Leave no cells blank - be certain to enter "0" wherever required.)

b. If the subscription price is set at $32 per share, how many shares must be sold? How many rights will it take to buy one share? (Do not round intermediate calculations. Round your rights needed answer to 2 decimal places, e.g., 32.16.)
c. What is the ex-rights price? What is the value of a right? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
d. A shareholder with 1,000 shares before the offering has no desire (or money) to buy additional shares offered as rights. What is his portfolio value before and after the rights offer? (Do not round intermediate calculations and round your answers to nearest whole number, e.g., 32.)

In: Finance

The Clifford Corporation has announced a rights offer to raise $15 million for a new journal,...

The Clifford Corporation has announced a rights offer to raise $15 million for a new journal, the Journal of Financial Excess. This journal will review potential articles after the author pays a nonrefundable reviewing fee of $3,000 per page. The stock currently sells for $30 per share, and there are 1.8 million shares outstanding.

a.

What is the maximum possible subscription price? What is the minimum? (Leave no cells blank - be certain to enter "0" wherever required.)

b. If the subscription price is set at $25 per share, how many shares must be sold? How many rights will it take to buy one share? (Do not round intermediate calculations. Round your rights needed answer to 2 decimal places, e.g., 32.16.)
c. What is the ex-rights price? What is the value of a right? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
d. A shareholder with 2,000 shares before the offering has no desire (or money) to buy additional shares offered as rights. What is his portfolio value before and after the rights offer? (Do not round intermediate calculations and round your answers to nearest whole number, e.g., 32.

In: Finance