Questions
In a survey of 2508 2508 adults in a recent​ year, 1395 1395 say they have...

In a survey of 2508 2508 adults in a recent​ year, 1395 1395 say they have made a New​ Year's resolution. Construct​ 90% and​ 95% confidence intervals for the population proportion. Interpret the results and compare the widths of the confidence intervals. The​ 90% confidence interval for the population proportion p is left parenthesis nothing comma nothing right parenthesis , . ​(Round to three decimal places as​ needed.) The​ 95% confidence interval for the population proportion p is left parenthesis nothing comma nothing right parenthesis , . ​(Round to three decimal places as​ needed.) With the given​ confidence, it can be said that the ▼ of adults who say they have made a New​ Year's resolution is ▼ between the endpoints less than the upper endpoint not between the endpoints greater than the lower endpoint of the given confidence interval. Compare the widths of the confidence intervals. Choose the correct answer below. A. The​ 90% confidence interval is wider. B. The​ 95% confidence interval is wider. C. The confidence intervals cannot be compared. D. The confidence intervals are the same width.

In: Statistics and Probability

Suppose that a study shows that an electric bike is driven 23,500 km/year on average and...

Suppose that a study shows that an electric bike is driven 23,500 km/year on average and has a standard deviation of 3900 km. Assume that the measurements’ distribution is approximately normal.

a) Calculate the 3rd quartile.

b) Solve for the probability that a randomly selected electric bike is driven at most 15,000 km per year, and then solve for the probability that a randomly selected electric bike is driven between 10,000 and 20,000 km per year.

c) If the average cost of leasing an electric bike is $300 per month with an SD of $110. You want to buy an electric bike so you randomly sample 20 people who are currently leasing. Solve for the probability that the sample mean, amongst the randomly selected 20 people, is less than $250.

d) Solve for the probability that the sample mean is greater than $300, amongst the randomly selected 20 people sampled in part c)

In: Statistics and Probability

In May of the current year, your employer received a PIER report from the CRA that...

In May of the current year, your employer received a PIER report from the CRA that identified Canada Pension Plan (CPP) contribution deficiencies for employees in the organization who:

  • turned 18 during the year
  • turned 70 during the year
  • had chosen to opt out of paying CPP by submitting a completed CPT30 form

To avoid a recurrence, the Payroll Manager, Sophie Beauchamp, has asked you to prepare a summary of the CPP reporting requirements on T4 information slips. The summary will be used to validate the current payroll setup to ensure that the T4s will be completed properly in future. Provide information on the CPP related boxes that must be completed, including how any amounts are calculated, for employees who:

  • are under 18 for the entire year
  • turn 18 during the year
  • are over 70 for the entire year
  • turn 70 during the year
  • submit a completed CPT30 form during the year, electing to stop contributing to the Canada Pension Plan
  • submit a completed CPT30 form during the year, revoking their previous election to stop contributing to the Canada Pension Plan

In: Accounting

Births are approximately Uniformly distributed between the 52 weeks of the year. They can be said...

Births are approximately Uniformly distributed between the 52 weeks of the year. They can be said to follow a Uniform distribution from 1 to 53 (a spread of 52 weeks). Round answers to 4 decimal places when possible.

  1. The mean of this distribution is
  2. The standard deviation is
  3. The probability that a person will be born at the exact moment that week 52 begins is P(x = 52) =
  4. The probability that a person will be born between weeks 20 and 34 is P(20<x<34)P(20<x<34) =
  5. The probability that a person will be born after week 14 is P(x > 14) =
  6. P(x > 6 | x < 19) =
  7. Find the 23rd percentile.
  8. Find the minimum for the upper quartile.

In: Statistics and Probability

6. Last year it was found that on average it took students 20 minutes to fill...

6. Last year it was found that on average it took students 20 minutes to fill out the forms required for graduation. This year the department has changed the form and asked graduating student to report how much time it took them to complete the forms. Of the students 22 replied with their time, the average time that they reported was 18.5 minutes, and the sample standard deviation was 5.2. Can we conclude that the new forms take less time to complete than the older forms? Use a 0.1 significance level (i.e., p-value). (Assume that the reported times follow a Gaussian distribution)

In: Statistics and Probability

Use the ERR method with   ? =%10 per year to solve a unique rate of return for...

Use the ERR method with   ? =%10 per year to solve a unique rate of return for the following cash flow diagram.

Year Cash Flow
0 -200
1 -100
2 +550
3 -820
4 +430
5 +340
6 -160

In: Accounting

Bruin Inc. will have earnings of $15 million next year and is projected to grow at...

Bruin Inc. will have earnings of $15 million next year and is projected to grow at a constant rate of 6 percent forever. All earnings are paid out as dividends to shareholders. The company plans to launch a new project three years from now that will cost $10 million. The project will increase the firm's annual earnings by a constant $8.3 million every year forever starting one year later (i.e. 4 years from now). What is the market value of the company stock? The discount rate is 10.3 percent

In: Finance

Court Casuals has 100,000 shares of common stock outstanding as of the beginning of the year...

Court Casuals has 100,000 shares of common stock outstanding as of the beginning of the year and has the following transactions affecting stockholders' equity during the year.

May 18 Issues 25,000 additional shares of $1 par value common stock for $35 per share.

May 31 Repurchases 6,000 shares of treasury stock for $44 per share.

July 1 Declares a cash dividend of $1 per share to all stockholders of record on July 15.

Hint: Dividends are not paid on treasury stock.

July 31 Pays the cash dividend declared on July 1.

August 10 Reissues 2,900 shares of treasury stock purchased on May 31 for $49 per share.

Record each of these transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

In: Accounting

the number of initial public offerings of stock issued in a 10-year period and the total...

the number of initial public offerings of stock issued in a 10-year period and the total proceeds of these offerings (in million) are shown in the table. Construct and interpret a 95% prediction interval for the proceeds when the number of issues is 576. The equation of the regression line is ý = 32.688x + 17,464.523.

Issues, x 412 458 700 483 483 392 52 75 176 170

proceeds 17,976   29,418 43,736 30,522 36,578 35,848 20,092, 11,034 31,749 28,865

construct and interpret a 95% prediction interval for the proceeds when the number of issues is 576.

select the correct choice below and fill in the answer boxes to complete your choice.
(round to the nearest million dollars as needed. type your answer in standard form where "3.12 million" means 3,120,000)

A. we can be 95% confident that when there are 576 issues, the proceeds will be between $____ and $_____

or
B. There is a 95% chance that the predicted proceeds given 576 issues is between $___ and $____

In: Statistics and Probability

Pearl Corp. is expected to have an EBIT of $2,600,000 next year. Depreciation, the increase in...

Pearl Corp. is expected to have an EBIT of $2,600,000 next year. Depreciation, the increase in net working capital, and capital spending are expected to be $160,000, $115,000, and $155,000, respectively. All are expected to grow at 16 percent per year for four years. The company currently has $13,500,000 in debt and 1,150,000 shares outstanding. After Year 5, the adjusted cash flow from assets is expected to grow at 3 percent indefinitely. The company’s WACC is 9.2 percent and the tax rate is 23 percent.

What is the price per share.

In: Finance