Questions
Conduct each hypothesis test below using both the critical value/rejection region and p-value methods (separate and...

Conduct each hypothesis test below using both the critical value/rejection region and p-value methods (separate and label each method) and showing each of the 5 steps explicitly. Do not round any table values. Round test statistics to the nearest hundredth, critical values to 3 decimal places, and p-values to 4 decimal values.

Many computer buyers have discovered that they can save a considerable amount by purchasing a personal computer from a mail-order company - an average of $900 by their estimates. In a test of this claim, a random sample of 19 customers who recently purchased a PC though a mail-order company were contacted and asked to estimate the amount that they had saved by purchasing by mail. The mean and standard deviation of these 19 estimates were $865 and $50 respectively. Is there sufficient evidence to indicate that the average savings differs from the $900 claimed by mail-order PC buyers at alpha = .05?

In: Statistics and Probability

Review the University of Wisconsin Logic Model. Discuss a situation that creates a barrier in the...

Review the University of Wisconsin Logic Model. Discuss a situation that creates a barrier in the improvement of health care. Provide one input, one output, and your expected outcomes.

In: Nursing

If you had to forecast changing student demand for programs of study at a college or...

If you had to forecast changing student demand for programs of study at a college or university for the next ten to twenty years, how would you go about doing that?

In: Economics

Facilitie Planning. Can you make an example. Develop a relationship chart for the relationships between you,...

Facilitie Planning. Can you make an example.

Develop a relationship chart for the relationships between you, your professor, department chair, college dean and university president.

In: Operations Management

Apply the Cognitive/Affective/Behavior Attitude model to a day to day personal life experience at work, home...

Apply the Cognitive/Affective/Behavior Attitude model to a day to day personal life experience at work, home or university. ASAP I GIVE ANSWER OF THIS QUESTION PLEASE

In: Psychology

1. Let X be a random variable with mean μ and variance σ . For a...

1. Let X be a random variable with mean μ and variance σ . For a ∈ R, consider the expectation E ((X − a)2)
a) Write E((X −a)2) in terms of a,μ and σ2
b) For which value a is E ((X − a)2) minimal?
c) For the value a from part (b), what is E ((X − a)2)?

2. Suppose I have a group containing the following first- and second-year university students from various countries. The first 3 are male, and the last 4 female:

Name Home country Year

Andrew   UK 1

Sebastian   Germany 1

Wei China 1

Fiona UK 1

Lea Germany 2

Ajitha UK 1

Sarah UK 2

I choose a student uniformly at random from the group. Events A = ” the student is male” and B = ” the student is from the UK”. What is P(A|B)?

In: Statistics and Probability

A university wants to study the experience of students enrolled in its big classes, defined asclasses...

A university wants to study the experience of students enrolled in its big classes, defined asclasses with enrollments of 500 or more. There are 20 such classes. From each of these classes,one enrolled student is chosen uniformly at random to take part in the university’s survey. Youcan assume that the selection from each class is performed independently of the selections inthe other classes. In this scenario: (T / F)

1. The method of sampling produces a probability sample of students enrolled in the big classes. (T / F)

2. The method of sampling produces a simple random sample of students enrolled in the big classes. (T / F)

3. Because a student is chosen from each class, all students in the big classes have the same chance of being selected. (T / F)

4. Because a student is chosen from each of 20 big classes, there will be 20 students in the sample. (T / F)

In: Statistics and Probability

Macy’s purchases model 505 straight-leg, blank ink denim jeans for women from Levis Straus & Co...

Macy’s purchases model 505 straight-leg, blank ink denim jeans for women from Levis Straus & Co and sells them to consumers in 185 store locations across 35 U.S. states. Levis Straus & Co’s cost-of-goods-sold for each pair of these model 505 straight-leg, blank ink denim jeans for women is $21.85. Levis Straus & Co sells these model 505 jeans to Macy’s for $34.50 each. Macy’s in-turn sells each pair of these jeans to consumers for a suggested retail price of $58.49.

What is Macy’s mark-up, is $US dollars and %, on each pair of model 505 straight-leg, blank ink denim jeans for women from Levis Straus & Co sold at the suggested retail price? Assume Macy’s includes model 505 straight-leg, blank ink denim jeans for women from Levis Straus & Co in the end-of-year sale (November 1st to December 31st) when every item in the store is discounted by 17.5% off the suggested retail price.

What is the discounted price Macy’s customers will pay for model 505 straight-leg, blank ink denim jeans for women from Levis Straus & Co? What is Macy's revised Mark-Up % after applying the 17.5% discount? Assume Macy’s sells-through a quantity of 21,333 model 505 straight-leg, blank ink denim jeans for women at the discounted price during the end-of-year sale.

What is the total revenue and, separately, gross margin in $US dollars, for Levis Straus & Co?

What is the total revenue and, separately, mark-up in $US dollars, for Macy’s?

In: Statistics and Probability

Bill Thompson is the new manager of a retail sporting goods store in Vermont that is...

Bill Thompson is the new manager of a retail sporting goods store in Vermont that is part of a national chain. Bill, who is 25 years old, has been working for the company for four years. Before his promotion, he was the assistant manager for two years at a company store in Delaware. Last week his boss, the regional manager, briefly introduced him to the employees. The profit performance of this store is below average for its location, and Bill is looking forward to the challenge of improving profits. When he was an assistant manager, he was given mostly minor administrative duties and paperwork, so this assignment will be his first opportunity to show he can be an effective manager. The company sets the base salaries of the 20 employees who work in Bill’s store, but appraisal ratings by the store manager influence the size of an employee’s annual merit raise. These recommendations must be justified to the regional manager, especially if they are not consistent with individual and department sales. Bill can suspend or fire employees with the approval of his boss, but in practice it is difficult to do so unless the recommendation is supported by a strong case. The headquarters office sets the store layout and most prices. However, the store manager can affect store performance to a limited extent. One way is to keep the cost of employees low is by making sure they are working efficiently and not taking excessive sick days. Another way is to ensure that employees are providing a high level of customer service so that customers will return to make other purchases rather than going to a different store next time. Customer service depends on knowing the products well, being polite, providing prompt service, and making sure that inventories of popular goods are maintained so that customers can find what they want. Pay is low for this type of retail selling job, turnover is high, and it takes a few months for a new employee to learn the merchandise well enough to be helpful to customers. Thus, it is also desirable to keep competent employees satisfied enough to stay with the company. Although it is only his first week on the job, Bill believes that he has already discovered some of the problems at this store. Among the various departments in the store, the ski department has the highest potential profits during the winter, because skiing and snowboarding are popular winter sports in Vermont. At the current time the department’s sales are about average for company stores in the Northeast region, with potential for considerable improvement. On several occasions Bill noticed a line of customers waited to be served in the ski department, and he overheard some of them grumbling about how long it takes to get served. One customer said he was leaving to go to another store that didn’t make him “wait all day to have the privilege of spending hundreds of dollars on ski equipment.” Bill observed that Sally Jorgenson, the department manager, spends a lot of time socializing with her salespeople and with customers, including friends who drop in to visit and talk about ski conditions, resorts, fashions, equipment, racing, and so forth. Bill, who doesn’t ski, cannot understand what they find so interesting to talk about. He wonders why anybody in their right mind would want to spend a small fortune and risk permanent injury to hurtle down a mountain in blizzard conditions, and then stand in long lines and ride up a freezing chairlift just to do it all over again! Questions

a. How much of each type of power does Bill have at this time?

b. What influence tactics could be used in this situation to influence Sally? Explain what you would actually say to Sally in the process of using each tactic.

c. What should Bill do to improve store performance?

In: Accounting

After a recent sale of your business, you decided to donate $1 million to your local...

After a recent sale of your business, you decided to donate $1 million to your local university to fund a scholarship fund. Assume the university can earn 6% interest rate on its investments. You want the scholarship to be paid out annually, and the first scholarship to be paid out in one year. You also want that the annual scholarship amount increases with inflation thereafter. The inflation is expected at 2%. What will be the amount of the first year scholarship and the second year scholarship?

Group of answer choices

$ 40,800; $ 42, 432

$ 40,000; $ 41,600

$60,000; $ 61,200

$ 40,000; $ 40,800

$ 40,800; $ 41,616

$ 40,000; $ 42,4000

In: Finance