Questions
1. A sample of 100 results in 27 successes. a. Calculate the point estimate for the...

1. A sample of 100 results in 27 successes.
a. Calculate the point estimate for the population proportion of successes. (Do not round intermediate calculations. Round your answer to 3 decimal places.)  

b. Construct 95% and 90% confidence intervals for the population proportion. (Round intermediate calculations to at least 4 decimal places. Round "z" value and final answers to 3 decimal places.)

95% -

90%-

c. Can we conclude at 95% confidence that the population proportion differs from 0.330?  

  • No, since the confidence interval does not contain the value 0.330.

  • No, since the confidence interval contains the value 0.330.

  • Yes, since the confidence interval does not contain the value 0.330.

  • Yes, since the confidence interval contains the value 0.330.


d. Can we conclude at 90% confidence that the population proportion differs from 0.330?

  • No, since the confidence interval contains the value 0.330.

  • No, since the confidence interval does not contain the value 0.330.

  • Yes, since the confidence interval contains the value 0.330.

  • Yes, since the confidence interval does not contain the value 0.330.

In: Statistics and Probability

27) A pure public good is one that is A. rivalrous in consumption and nonexcludable B....

27) A pure public good is one that is

A. rivalrous in consumption and nonexcludable

B. none of the other answers is correct

C. nonrivalrous in consumption and excludable

D. nonrivalrous in consumption and nonexcludable

E. rivalrous in consumption and excludable

28) A key feature of government provision of a pure public good like national defense is that everyone must end up with the same amount of the good. What conclusion does the book come to about this situation?

A. There will be a broad consensus in favor of a particular amount of national defense.

B. The government will provide too little national defense.

C. Many people will end up being dissatisfied with the amount of national defense provided by the government.

D. The government will provide too much national defense.

29) Some goods may not be pure private or pure public goods. City streets during rush hour are

A. nonrivalrous and excludable

B. rivalrous and excludable

C. rivalrous and nonexcludable

D. nonrivalrous and nonexcludable

30) The “free rider problem” arises from the fact that a public good is

A. rivalrous

B. asymmetric

C. nonexcludable

D. nonrivalrous

E. excludable

31) Suppose that a person with auto insurance is less likely to be as careful about her driving than without the insurance. This is an example of

A. nonrival consumption

B. moral hazard

C. the free rider problem

D. a negative externality

E. adverse selection

In: Economics

BrookeBrooke Motors is a small car dealership. On​ average, it sells a car for $ 27...

BrookeBrooke

Motors is a small car dealership. On​ average, it sells a car for

$ 27 comma 000$27,000​,

which it purchases from the manufacturer for

$ 23 comma 000.$23,000.

Each​ month,

BrookeBrooke

Motors pays

$ 48 comma 200$48,200

in rent and utilities and

$ 68 comma 000$68,000

for​ salespeople's salaries. In addition to their​ salaries, salespeople are paid a commission of

$ 600$600

for each car they sell.

BrookeBrooke

Motors also spends

$ 13 comma 000$13,000

each month for local advertisements. Its tax rate is​ 40%.

Requirements

1.

How many cars must

BrookeBrooke

Motors sell each month to break​ even?

2.

BrookeBrooke

Motors has a target monthly net income of

$ 51 comma 000$51,000.

What is its targeted monthly operating​ income? How many cars must be sold each month to reach the target monthly net income of

$ 51 comma 000$51,000​?

Requirement 1. How many cars must

BrookeBrooke

Motors sell each month to break​ even

In: Accounting

Greg and Cindy Hana, 35 and 27, are the parents of two small children with a...

Greg and Cindy Hana, 35 and 27, are the parents of two small children with a third on the way. They are concerned about their financial future and are wondering if they're doing things right. Greg is the sole breadwinner and earns $66,000 annually. He works in a relatively dangerous occupation (city cop in Newark, NJ) and is eligible to receive a pension when he is only age 48, with 25 years of service.

The Hana's short-term financial goals are to replace their aging cars in a few years and begin an automatic mutual fund investment program. Longer term, they are concerned about college costs and retirement. They estimate (but are not sure) that their monthly expenses average $2,800, including a $1,300 mortgage payment on their $200,000 home.

Greg currently saves $350 per month in a deferred compensation plan offered by his employer. The couple also has $1,000 of stock and $2,000 in mutual funds. Other assets comprising their $74,500 net worth are a $3,000 CD, $2,000 in checking, $6,500 of life insurance cash value, their home, and two cars worth $2,000. The couple's two debts are a $141,000 mortgage balance and a $1,000 Visa card bill.

The Hanas own life insurance policies totaling $400,000 ($300,000 through work) on Greg and $77,500 on Cindy but lack disability coverage. Greg's employer provides health insurance for the entire family. The liability limits on their auto and homeowner's policies are $300,000.

Neither spouse has individual retirement accounts (IRAs). Greg will receive a traditional defined benefit pension based on his income and years of service. Since he will be relatively young when he is eligible to collect benefits, he plans to continue working in a related field through his 60s.

A glaring weakness in the Hana's financial planning is their lack of a will. "We do not know who to assign as guardians of our children," notes Greg. This is a common dilemma for parents of young children, who sometimes wait until their children are grown to draft a will so they don't have to deal with this issue.


Question

  1. describe the strengths and weaknesses of the individual or family’s financial situation

  2. Correction of any misinformation that the individual or family has about financial topics

In: Accounting

Study these 27 compounds and try to group them based on their similarities. There are nine...

Study these 27 compounds and try to group them based on their similarities. There are nine main types with three examples in each group. Organize these 27 into the following groups: Acid (binary or ternary); organic; molecular; hydrated salts; Ionic (binary and ternary) Should be in 7 groups and why are they in the group

Na3PO4⋅12H2O   sodium phosphate dodecahydrate

Ca2C                    Calcium Carbide                                       

Fe(OH)2                 iron(II) hydroxide

PCl3                     Phosphorus trichloride

CuSO4⋅5H2O        copper(II) sulfate pentahydrate

HgBr2           mercury (II) bromide

N2O5                 Dinitrogen Pentoxide

AlCl3⋅6H2O        aluminum chloride hexahydrate

NH4ClO2             Ammonium chlorite                      

HCl (aq)       hydrochloric acid

LiH                  Lithium hydride

Sn(Cr2O7)2       tin(IV) dichromate

H2CO3 (aq)       carbonic acid

Co(NO3)2⋅6H2O    cobalt(II) nitrate hexahydrate

KMnO4             Potassium permanganate

C5H10       pentene

Cu3N            Copper(I) Nitride

CCl4                  Carbon Tetrachloride

PbSO4                   lead(II) Sulfate

Mg(ClO3)2⋅6H2O magnesium chlorate hexahydrate

C8H18       octane

H2SO3 (aq)         sulfurous acid

Ba3P2                  Barium phosphide

LiCN                 Lithium Cyanide

PbO2       Lead (IV) oxide

C2H5OH       ethanol

CuCl2⋅2H2O             copper(II) chloride dihydrate

Develop a set of rules that help you identify ionic, acid, hydrated, molecular and organic compounds.   

In: Chemistry

27 If a firm adjusted their prices to be high enough to cover their Average Total...

27

If a firm adjusted their prices to be high enough to cover their Average Total Costs and if they were not concerned with MC=MR, then we could probably assume they are a nonprofit entity.        

True or False

28

Who will really end up paying for higher taxes on corporate profits if we assume the product that they sell is very inelastic?

Multiple Choice

  • The stockholders of the firm will pay this tax when they file their individual tax returns.

  • The retail consumer will pay these taxes through higher prices.

  • The state government pays these taxes to the federal government

    1. The senior executives actually pay these taxes when they file their individual tax returns.    

29

If we took an elastic demand curve and raised the price, then this would be the best pricing strategy to maximize total revenue.

                                               

True or False

30

The formula that describes human behavior is which of the following:

Multiple Choice

  • MB = MC

  • E > 1

  • E = 1

  • MC = MR

In: Economics

25 , 26 , 26 , 27 , 28 , 31 ,40 ,41 What is the...

25 , 26 , 26 , 27 , 28 , 31 ,40 ,41

What is the q1 and q3 of this data set

In: Statistics and Probability

The graph shows the average molecular speed of four gases a 27 °C.


The graph shows the average molecular speed of four gases a 27 °C. 

image.png

What, if any, relationship is observed between the average molecular speed and the molar mass of the gas? 

There is no relationship between the average molecular speed and the molar mass. 

The average molecular speed decreases as the molar mass of the gas increases. 

The average molecular speed increases as the molar mass of the gas increases. 

The average molecular speed decreases as the molar mass of the gas decreases. 

 Estimate the average molecular speed of helium at 27°C. 

average molecular speed of helium:

In: Chemistry

27. The nurse is caring for a client with a nursing diagnosis of impaired skin integrity...

27. The nurse is caring for a client with a nursing diagnosis of impaired skin integrity related to a stage III pressure ulcer. What would be the most important outcome for this client?

A. The client keeps the area clean and dry

B. The nurse turns the patient every two hours

C. The client does not exhibit any signs or symptoms of infection

D. The client is unaware of the prevention measures for pressure ulcers

In: Nursing

In Chapter 27 you are introduced to the basic operation of saving and loan institutions -...

In Chapter 27 you are introduced to the basic operation of saving and loan institutions - banks that take deposits and then loan a portion of those deposits out to borrowers.

In the 2000s these institutions significantly increase the number of subprime mortgages they offered. Note: subprime mortgages are loans to people who have not-so-good credit and/or ability to make loan payments for home purchases. After the 2008-09 recession, they became much less common.

Your assignment is to submit a paper, 1-2 pages, in which you argue that subprime mortgages are or are not good for the country and the individuals who take these mortgages. Whichever position you take (for or against), please consider how more (or less) of these loans could have positive and negative effects.

In: Economics