Questions
Monica has decided that she wants to build enough retirement wealth that, if invested at 10...

Monica has decided that she wants to build enough retirement wealth that, if invested at 10 percent per year, will provide her with $5,500 of monthly income for 25 years. To date, she has saved nothing, but she still has 30 years until she retires. How much money does she need to contribute per month to reach her goal

In: Finance

You wish to have $250,000 at the end of twenty years. In the last five years,...

You wish to have $250,000 at the end of twenty years. In the last five years, you withdraw $1,000 annually at a rate of 3.8% compounded quarterly. During the middle ten years, you contribute $500 monthly at a rate of 2.8% compounded semi-annually. Given this information, determine the initial deposit that has to be made at the start of the first five years at a rate of 4% compounded monthly?

In: Finance

My Values: In this section you will write about your values, such as whether you follow...

My Values: In this section you will write about your values, such as whether you follow individualistic or collective values or a combination of both. Explain some of these individualistic or collective values. Also in this section write about an issue that you are passionate about such as gender equality, climate change, education or any other issue that interests you and say what you can do to contribute positively to this issue.

In: Psychology

Why did the British and the French fail during the 1930s in their efforts to keep...

Why did the British and the French fail during the 1930s in their efforts to keep Hitler in check? Why did the British and Americans decide to focus on defeating Germany during World War II?

How did the Marshall Plan contribute to the rebuilding of Western Europe’s economy and how did this rebuilding help bring the spread of Communism in Europe to a halt? How was NATO supposed to stop the spread of communism?

In: Psychology

Researchers plan to study the weight gain of cows during a 3-month period. They wish to...

Researchers plan to study the weight gain of cows during a 3-month period. They wish to test at alpha = 0.01 if the mean weight gain exceeds 15 kg. Further, it is important for the researchers to detect if the mean weight gain is as large as 27 kg. An earlier study indicated that the standard deviation of the weight gains was around 14 kg. Since weight gains are normally distributed a t-test is to be used.

(a) If the researchers used a sample size of 22 what would be the power of the test in detecting if the mean weight gain is as large a 27 kg? Use R, showing the command you used and the result.

(b) Use Table 21 to determine the sample size required in order to have a power of 0.99 to detect if the mean weight gain is as large a 27 kg.

In: Statistics and Probability

4th Grade (Class 1) 4th Grade (Class 2) 12 10 15 12 21 16 21 17...

4th Grade (Class 1) 4th Grade (Class 2)
12 10
15 12
21 16
21 17
22 17
22 19
22 19
25 22
26 22
27 22
27 27
31 28
32 29
33 29
33 31
36 31
37 31
38 33
41 33
43 37
44 39
45 43
45 43
47 47
55 49
57 57

The collected data is from two 4th grade (All female classes - Age 10) Fitnessgram pacer tests. Once you have analyzed the data, please answer the following questions.

  1. What was the mean, median, and mode for each class?

In: Statistics and Probability

The postanesthesia care area (recovery room) at St. Luke’s Hospital in Maumee, Ohio, was recently enlarged....

The postanesthesia care area (recovery room) at St. Luke’s Hospital in Maumee, Ohio, was recently enlarged. The hope was that the change would increase the mean number of patients served per day to more than 25. A random sample of 15 days revealed the following numbers of patients.

25 27 25 26 25 28 28 27 24 26 25 29 25 27 24

At the 0.01 significance level, can we conclude that the mean number of patients per day is more than 25?

  Click here for the Excel Data File

  1. What is the decision rule? (Round your answer to 3 decimal places.)
  1. Compute the value of the test statistic. (Round your answer to 3 decimal places.)
  1. What is your decision regarding H0?
  1. Estimate the p-value.

In: Statistics and Probability

Age Weight (pounds) 56 156 35 110 22 80 57 91 40 90 22 150 48...

Age Weight (pounds)
56 156
35 110
22 80
57 91
40 90
22 150
48 165
48 99
25 189
40 178
25 123
25 190
59 255
49 112
33 155
56 134
20 117
31 91
27 100
23 80
45 190
29 255
31 112
59 200
39 134
35 110
44 99
27 110
24 180
27 150

  

  1. The data represents the age and weight (in pounds) of 30 Langley residents.   Create a model to predict the expected weight of an individual based on their age. Maintain a minimum of 4 decimal places for intermediate calculations.   

a) What is the expected weight of an individual that is 27 years old?

b) How much variability in weight is accounted for by an individual’s age?  

c) How much variability in weight is accounted for by factors other than age?

d) Assume alpha is 0.05 Is an individual’s weight a significant predictor of an individual’s age? Provide the specific statistical evidence from your Excel output to support your answer.

In: Statistics and Probability

Kaleta Company reports the following for the month of June. Date Explanation Units Unit Cost Total...

Kaleta Company reports the following for the month of June.

Date

Explanation

Units

Unit Cost

Total Cost

June 1 Inventory 332 $7 $2,324
12 Purchase 664 8 5,312
23 Purchase 498 9 4,482
30 Inventory 166


Assume a sale of 730 units occurred on June 15 for a selling price of $10 and a sale of 598 units on June 27 for $11.

Calculate cost of goods available for sale.  

The cost of goods available for sale

$12,118

Calculate Moving-Average unit cost for June 1, 12, 15, 23 & 27. (Round answers to 3 decimal places, e.g. 2.525.)

June 1 $

  

June 12 $
June 15 $
June 23 $
June 27 $

Calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. Assume a sale of 730 units occurred on June 15 for a selling price of $10 and a sale of 598 units on June 27 for $11. (Round answers to 0 decimal places, e.g. 1,250.)

FIFO

LIFO

Moving-Average Cost

The cost ending inventory $ $ $
The cost of goods sold $ $ $

In: Accounting

Kaleta Company reports the following for the month of June. Date Explanation Units Unit Cost Total...

Kaleta Company reports the following for the month of June.

Date

Explanation

Units

Unit Cost

Total Cost

June 1 Inventory 332 $7 $2,324
12 Purchase 664 8 5,312
23 Purchase 498 9 4,482
30 Inventory 166


Assume a sale of 730 units occurred on June 15 for a selling price of $10 and a sale of 598 units on June 27 for $11.

Calculate cost of goods available for sale.  

The cost of goods available for sale

$12,118

Calculate Moving-Average unit cost for June 1, 12, 15, 23 & 27. (Round answers to 3 decimal places, e.g. 2.525.)

June 1 $
June 12 $
June 15 $
June 23 $
June 27 $

Calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. Assume a sale of 730 units occurred on June 15 for a selling price of $10 and a sale of 598 units on June 27 for $11. (Round answers to 0 decimal places, e.g. 1,250.)

FIFO

LIFO

Moving-Average Cost

The cost ending inventory $ $ $
The cost of goods sold $ $ $

In: Accounting