Collecting Averages of Groups of Five Repeat steps one through
five (of the section titled Collect the Data) with one exception.
Instead of recording the change of 30 classmates, record the
average change of 30 groups of five. 1. Randomly survey 30groups of
fiveclassmates. 2. Record the values of the average of their
change.
Chapter 7 | The Central Limit Theorem 419
__________ __________ __________ __________ __________ __________
__________ __________ __________ __________ __________ __________
__________ __________ __________ __________ __________ __________
__________ __________ __________ __________ __________ __________
__________ __________ __________ __________ __________ __________
Table 7.3
3. Construct a histogram. Scale the axes using the same scaling you
used for the section titled Collect the Data. Sketch the graph
using a ruler and a pencil.
Figure 7.12
4. Calculate the following (n= 5; surveying five people at a time):
a. x ¯ = _______ b. s= _______ 5. Draw a smooth curve through tops
of the bars of the histogram. Use one to two complete sentences to
describe the general shape of the curve. Discussion Questions 1.
Why did the shape of the distribution of the data change, as n
changed? Use one to two complete sentences to explain what
happened. 2. In the section titled Collect the Data, what was the
approximate distribution of the data? X ~ _____(_____,_____) 3. In
the section titled Collecting Averages of Groups of Five, what was
the approximate distribution of the averages? X ¯ ~
_____(_____,_____) 4. In one to two complete sentences, explain any
differences in your answers to the previous two
questions.
In: Statistics and Probability
One hundred teachers attended a seminar on mathematical problem solving. The attitudes of representative sample of 12 of the teachers were measured before and after the seminar. A positive number for change in attitude indicates that a teacher's attitude toward math became more positive. The twelve change scores are as follows.
4; 7; −1; 1; 0; 5; −2; 2; −1; 6; 5; −3
1. What is the mean change score? (Round your answer to two decimal places.)
2. What is the standard deviation for this sample? (Round your answer to two decimal places.)
3. What is the median change score? (Round your answer to one decimal place.)
4. Find the change score that is 2.2 standard deviations below the mean. (Round your answer to one decimal place.)
_______________________________________________________________________________________________________________________________________
A sample of 100 clients of an exercise facility was selected. Let X = the number of days per week that a randomly selected client uses the exercise facility.
| X | Frequency |
|---|---|
| 0 | 3 |
| 1 | 14 |
| 2 | 31 |
| 3 | 28 |
| 4 | 10 |
| 5 | 7 |
| 6 | 7 |
1. Find the number that is 1.5 standard deviations BELOW the mean. (Round your answer to three decimal places.)
In: Statistics and Probability
FIFO Perpetual Inventory
The beginning inventory at Dunne Co. and data on purchases and sales for a three-month period ending June 30 are as follows:
| Date | Transaction | Number of Units |
Per Unit | Total | ||||
|---|---|---|---|---|---|---|---|---|
| Apr. 3 | Inventory | 60 | $225 | $13,500 | ||||
| 8 | Purchase | 120 | 270 | 32,400 | ||||
| 11 | Sale | 80 | 750 | 60,000 | ||||
| 30 | Sale | 50 | 750 | 37,500 | ||||
| May 8 | Purchase | 100 | 300 | 30,000 | ||||
| 10 | Sale | 60 | 750 | 45,000 | ||||
| 19 | Sale | 30 | 750 | 22,500 | ||||
| 28 | Purchase | 100 | 330 | 33,000 | ||||
| June 5 | Sale | 60 | 790 | 47,400 | ||||
| 16 | Sale | 80 | 790 | 63,200 | ||||
| 21 | Purchase | 180 | 360 | 64,800 | ||||
| 28 | Sale | 90 | 790 | 71,100 | ||||
Required:
1. Record the inventory, purchases, and cost of merchandise sold data in a perpetual inventory record similar to the one illustrated in Exhibit 3, using the first-in, first-out method. Under FIFO, if units are in inventory at two different costs, enter the units with the LOWER unit cost first in the Cost of Goods Sold Unit Cost column and in the Inventory Unit Cost column.
| Dunne Co. Schedule of Cost of Goods Sold FIFO Method For the Three Months Ended June 30 |
|||||||||
|---|---|---|---|---|---|---|---|---|---|
| Purchases | Cost of Goods Sold | Inventory | |||||||
| Date | Quantity | Unit Cost | Total Cost | Quantity | Unit Cost | Total Cost | Quantity | Unit Cost | Total Cost |
| Apr. 3 | $ | $ | |||||||
| Apr. 8 | $ | $ | |||||||
| Apr. 11 | $ | $ | |||||||
| Apr. 30 | |||||||||
| May 8 | |||||||||
| May 10 | |||||||||
| May 19 | |||||||||
| May 28 | |||||||||
| June 5 | |||||||||
| June 16 | |||||||||
| June 21 | |||||||||
| June 28 | |||||||||
| June 30 | Balances | $ | $ | ||||||
-- Determine the total sales and the total cost of goods sold for the period. Journalize the entries in the sales and cost of goods sold accounts. Assume that all sales were on account.
| Record sale | |||
| Record cost | |||
-- Determine the gross profit from sales for
the period.
$______
-- Determine the ending inventory cost as of
June 30.
$____________
-- Based upon the preceding data, would you expect the ending
inventory using the last-in, first-out method to be higher or
lower?
In: Accounting
You have been asked by an investor to value a restaurant using discounted cash flow valuation. For the current year, the restaurant earned pretax operating income of $750,000. Income has grown 2% annually during the last five years, and is expected to continue growing at that rate for the next two years. Net operating working capital increased by $60,000 during the current year and current year capital spending on long-lived assets exceeded depreciation by $75,000. Both working capital and the excess of capital spending over depreciation are projected to grow at the same rate as operating income. Subsequent to the second year, you believe the pretax operating income growth rate will increase to 3% per year and remain at that level into the foreseeable future. The 10-year Treasury bond rate is 2.5%, the equity risk premium is 5.5%, and the marginal federal, state, and local tax rate is 35%. The restaurant’s beta and its target debt-to-equity ratio are 1.74 and 0.67, respectively. Its pretax cost of borrowing, based on its recent borrowing activities, is 9%. (Show Work)
What is the restaurant’s enterprise free cash flow in year 1?
A)$352,500 B)$420,750 C)$427,500 D)$359,550 E)$436,050
What is the restaurant’s enterprise free cash flow in year 2?
A)$370,337 B)$359,550 C)$436,050 D)$366,741 E)$388,745
What is the restaurant’s cost of equity?
A)14.5% B)12.07% C)7.72% D)7.72% E)9.13%
What are the restaurant’s target capital structure weights?
|
A. 50% debt; 50% equity b. 60% debt / 40% equity c. 67%debt/ 33% equity d. 40%debt/60% equity E. 33%debt/67%equity What is the restaurant’s weighted average cost of capital? a. 11.04% b.7.82% c. 9.58% d.6.97% e.9.17% What is the restaurant’s enterprise value? a. $4,143,678 b. $5,398,701 c. $5,062,483 d. $5,740,779 e. $5,414,420 |
In: Finance
In: Accounting
Dr. Lillian Fok, a New Orleans psychologist, specializes in treating patients who are agoraphobic (i.e., afraid to leave their homes). The following table indicates how many patients Dr. Fok has seen each year for the past 10 years. It also indicates what the robbery rate was in New Orleans during the same year.
|
Year |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
|
Number of Patients |
37 |
34 |
40 |
41 |
41 |
54 |
60 |
53 |
58 |
62 |
|
Robbery Rate per 1,000 Population |
58.0 |
60.6 |
73.0 |
75.7 |
81.5 |
89.0 |
101.5 |
94.2 |
104.1 |
116.2 |
The simple linear regression equation that shows the best relationship between the number of patients and year is (round your responses to three decimal places):
ModifyingAbove y with carety =??????+??????x where
ModifyingAbove y with carety = Dependent Variable and x = Independent Variable.
Using linear regression, the number of patients Dr. Fok will see in year 11=????? patients (round your response to two decimal places).
Using linear regression, the number of patients Dr. Fok will see in year 12=???? patients (round your response to two decimal places).
The coefficient of determination for the linear regression model is 0.8621 This shows that there is a (strong) OR (not so strong) relationship between the "Number of Patients" and "Year."
In: Math
Meiosis without Independent Assortment:
1. Are the two cells formed at the end of meiosis I haploid or diploid? _________
2. Are the two cells formed at the end of meiosis I genetically identical? _______
3. Are the two cells formed at the end of meiosis I genetically equivalent (similar)? ______
4. Are the four cells formed at the end of meiosis II genetically equivalent?______
5. How many genetically distinct types of cells are formed by meiosis without independent assortment? ___________
Meiosis with Independent Assortment
6. Are the two cells formed at the end of meiosis I genetically identical?________
7. Are the two cells formed at the end of meiosis I genetically equivalent?_______
8. Are the four cells formed at the end of meiosis II genetically equivalent?______
9. How many genetically distinct types of cells are formed by meiosis with independent
assortment? __________
Meiosis with Crossing Over
10. Are the two cells formed at the end of meiosis I genetically identical?________
11. Are the two cells formed at the end of meiosis I genetically equivalent?_______
12. Are the four cells formed at the end of meiosis II genetically equivalent?______
13. How many genetically distinct cell types are formed by meiosis with a single crossing over event?__________
In: Biology
There are two parts to this activity. Before you write a Java program for this activity, write the pseudocode for this program. Turn in the pseudo code and Java program.
Create a program that prompts the user for an integer number. The program returns the factorial of the number. 0! = 1
In your program, answer the following question: What kind of loop are you using for this example? Counter-controlled loop or sentinel controlled loop? Explain.
Sample Input Enter a number: 8 Sample Output 8! = 8 * 7 * 6 * 5 * 4 * 3 * 2 * 1 = 40320
Sample Input Enter a number: 3 Sample Output 3! = 3 * 2 * 1 = 6
Sample Input Enter a number: 10 Sample Output 10! = 10 * 9 * 8 * 7 * 6 * 5 * 4 * 3 * 2 * 1 = 3628800
Sample Input Enter a number: 0 Sample Output 0! = 1
Sample Input Enter a number: 5 Sample Output 5! = 5 * 4 * 3 * 2 * 1 = 120
In: Computer Science
What was the age distribution of nurses in Great Britain at the
time of Florence Nightingale? Suppose we have the following
information. Note: In 1851 there were 25,466 nurses in
Great Britain. a) Find the probability that a British nurse
selected at random in 1851 would be 60 years of age or older.
(Round your answer to three decimal places.)____________
b)Compute the expected age μ of a British nurse
contemporary to Florence Nightingale. (Round your answer to two
decimal places.)___________
c) Compute the standard deviation σ for ages of nurses shown in the distribution. (Round your answer to two decimal places.)___________
| Age range (yr) | 20-29 | 30-39 | 40-49 | 50-59 | 60-69 | 70-79 | 80+ |
| Midpoint x | 24.5 | 34.5 | 44.5 | 54.5 | 64.5 | 74.5 | 84.5 |
| Percent of nurses | 5.8% | 9.5% | 19.2% | 29.4% | 25.5% | 9.0% | 1.6% |
In: Statistics and Probability
Edgerron Company is able to produce two products, G and B, with the same machine in its factory. The following information is available. Product G Product B Selling price per unit $ 50 $ 80 Variable costs per unit 10 48 Contribution margin per unit $ 40 $ 32 Machine hours to produce 1 unit 0.4 hours 1.0 hours Maximum unit sales per month 600 units 200 units The company presently operates the machine for a single eight-hour shift for 22 working days each month. Management is thinking about operating the machine for two shifts, which will increase its productivity by another eight hours per day for 22 days per month. This change would require $4,000 additional fixed costs per month. (Round hours per unit answers to 1 decimal place. Enter operating losses, if any, as negative values.)
In: Accounting