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 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 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
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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, 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 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 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
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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
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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
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In: Finance