Questions
1. How are percentage changes in a currency's value measured? Illustrate your answer numerically by assuming...

1. How are percentage changes in a currency's value measured? Illustrate your answer numerically by assuming a change in the Thai baht's value from a value of $.022 to $.026.

2. What are the basic factors that determine the value of a currency? In equilibrium, what is the relationship between these factors?

Address each question in at least 200 words each

In: Finance

Problem Set 1: Chi Square Goodness of Fit (7 pts) A teacher believes that the percentage...

Problem Set 1: Chi Square Goodness of Fit (7 pts)

A teacher believes that the percentage of students at her high school who go on to college is lower than the rate in the general population of high school students. The rate in the general population is 69.7% (BLS, 2017). In the most recent graduating class at her high school, the teacher found that of 104 who graduated, 61 of those went on to college.

  1. Complete the following chart (round to two decimal places when calculating the expected values). Show all work in the space provided beneath it. (1 pt per row = 2 pts total)

Frequencies

Went to college

Did not go on to college

Observed

Answer:

Answer:

Expected

Answer:

Answer:

WORK:

In: Statistics and Probability

The National Highway Traffic Safety Administration reported the percentage of traffic accidents occurring each day of...

The National Highway Traffic Safety Administration reported the percentage of traffic accidents occurring each day of the week. Assume that a sample of 420 accidents provided the following data.

Sunday Monday Tuesday Wednesday Thursday Friday Saturday
66 50 53 48 54 69 80

(a)

Conduct a hypothesis test to determine if the proportion of traffic accidents is the same for each day of the week. Use a 0.05 level of significance.

State the null and alternative hypotheses.

H0: pSun = pMon = pTue = pWed = pThu = pFri = pSat =

1
7


Ha: Not all proportions are equal.H0: Not all proportions are equal.
Ha: pSunpMonpTuepWedpThupFripSat

1
7

    H0: Not all proportions are equal.
Ha: pSun = pMon = pTue = pWed = pThu = pFri = pSat =

1
7

H0: pSunpMonpTuepWedpThupFripSat

1
7


Ha: All proportions are equal.

Find the value of the test statistic. (Round your answer to three decimal places.)

Find the p-value. (Round your answer to four decimal places.)

p-value =

State your conclusion.

Reject H0. We conclude that the proportion of traffic accidents is not the same for each day of the week.Do not reject H0. We conclude that the proportion of traffic accidents is the same for each day of the week.     Do not reject H0. We conclude that the proportion of traffic accidents is not the same for each day of the week.Reject H0. We conclude that the proportion of traffic accidents is the same for each day of the week.

(b)

Compute the percentage of traffic accidents occurring on each day of the week. (Round your answers to two decimal places.)

Sunday %Monday %Tuesday %Wednesday %Thursday %Friday %Saturday %

What day has the highest percentage of traffic accidents?

SundayMonday    TuesdayWednesdayThursdayFridaySaturday

In: Statistics and Probability

The National Highway Traffic Safety Administration reported the percentage of traffic accidents occurring each day of...

The National Highway Traffic Safety Administration reported the percentage of traffic accidents occurring each day of the week. Assume that a sample of 420 accidents provided the following data.

Sunday Monday Tuesday Wednesday Thursday Friday Saturday
67 50 53 47 55 68 80

Find the value of the test statistic. (Round your answer to three decimal places.)

Find the p-value. (Round your answer to four decimal places.)

p-value =

Compute the percentage of traffic accidents occurring on each day of the week. (Round your answers to two decimal places.)

Sunday______%

Monday _______%

Tuesday ________%

Wednesday ________%

Thursday ___________%

Friday___________%

Saturday ________%

In: Statistics and Probability

I can understand how the percentage of dark matter compared to ordinary matter is calculated, because...

I can understand how the percentage of dark matter compared to ordinary matter is calculated, because the amount of dark matter has a clear gravitational effect on the ordinary matter in a Galaxy.

However, calculating the percentage of dark energy in the universe seems less obvious. Is it something to do with the rate of expansion of space-time?

Please explain in lay-mans terms, I've never learnt any undergraduate level cosmology.

In: Physics

What laws and programs have been shown to reduce the percentage of women who marry before...

What laws and programs have been shown to reduce the percentage of women who marry before age 18? Provide a detailed discussion of the social environments in which early marriage is common, and describe how effective programs have operated in such environments.

In: Economics

For large U.S. companies, what percentage of their total income comes from foreign sales? A random...

For large U.S. companies, what percentage of their total income comes from foreign sales? A random sample of technology companies (IBM, Hewlett-Packard, Intel, and others) gave the following information.†

Technology companies, % foreign revenue: x1; n1 = 16
62.8 55.7 47.0 59.6 55.3 41.0 65.1 51.1
53.4 50.8 48.5 44.6 49.4 61.2 39.3 41.8

Another independent random sample of basic consumer product companies (Goodyear, Sarah Lee, H.J. Heinz, Toys 'R' Us) gave the following information.

Basic consumer product companies,% foreign revenue: x2; n2 = 17
28.0 30.5 34.2 50.3 11.1 28.8 40.0 44.9
40.7 60.1 23.1 21.3 42.8 18.0 36.9 28.0
32.5

Assume that the distributions of percentage foreign revenue are mound-shaped and symmetric for these two company types.

Let μ1 be the population mean for x1 and let μ2 be the population mean for x2. Find an 80% confidence interval for μ1μ2. (Round your answers to two decimal places.)

lower limit=

upper limit=

In: Statistics and Probability

Inventory Management: Presume you will implement Just-in-Time. Project the decrease in the percentage of inventory investment...

Inventory Management: Presume you will implement Just-in-Time. Project the decrease in the percentage of inventory investment that will be realized. Justify your answer.

The answer should be one page

In: Accounting

Which of the following methods of recognizing income is most recommended? a. Billings method b. Percentage-of-Completion...

Which of the following methods of recognizing income is most recommended? a. Billings method b. Percentage-of-Completion method

In: Accounting

1. Please use Excel. For each state and Washington DC, the percentage of people without health...

1. Please use Excel. For each state and Washington DC, the percentage of people without health insurance was determined. Given the data set below create the following using spreadsheet software. Use 5-20 classes with a "nice" class width when creating the distribution tables.


a. Grouped frequency distribution (table)

b. Grouped relative frequency distribution (table)

c. frequency histogram (graph)

d. relative frequency histogram (graph)

Percentage of people without health insurance for each state and Washington DC

15.2, 9.4, 25.4, 21.9, 20.8, 15.5, 18.9, 13.7, 13.5, 16.5, 21.1, 14, 9.3, 13.3, 22.9, 17.9, 24.5, 8.8, 20.9, 11.6, 11.8, 13.8, 7.1, 14, 10, 17.4, 14.6, 18.9, 21.2, 10.5, 10.4, 12.3, 17.9, 6.6, 10.2, 18.8, 27.7, 12.3, 10.5, 19.6, 12.2, 15.9, 13.3, 17.2, 8.9, 15.6, 9.2, 11.5, 10.1, 11.8, 11.8

2. A survey of 50 college students was conducted to determine how much weekly income they earned from employment. Using the data set below, complete the following.

a. Find the 5 number summary of the data set.

Min=

Q1=

Median=

Q3=

Max=

b. Create a box-plot for the data set using any software.

c. Identify any outliers. List the individual numbers that are outliers for this data set. If there are multiple outliers, separate them by commas.

d. Give a possible explanation as to why the individual (or individuals) from part c might have a number (or numbers) that are so high (or so low).

e. Interpret yourself as a percentile in the data set. First estimate your weekly income from employment (If you are not employed then use 0). Then find the percentile for your income using the sample data below. Then interpret the percentile using the definition and writing a complete sentence

Amount of money earned weekly from employment (Enter 0 if not employed)

0, 244, 1277, 83, 719, 479, 375, 0, 0,671, 262, 521, 567, 159, 0, 0, 347, 203, 454, 95, 0, 476, 310, 0, 367, 82, 331, 149, 67, 736, 635, 100, 527, 547, 316, 579, 281, 0, 389, 300, 0, 650, 0, 188, 0, 289, 628, 403, 0, 181

In: Statistics and Probability