2. Two players: Adam and Bob, shoot alternately and independently of each other to a small target. Each shot costs 1 PLN. It starts with Adam, who hits with probability 1/4. Bob hits with probability of 1/3. The game ends when one of them hits - then he gets an reward. What is the probability that Adam will win this reward. 3. In the same setting as in the previous problem, calculate the expected amount of the money-PLN the players will spend on this game. More formally, if 7 denotes the number of round in which either Adam or Bob wins then the question is to find ET.

Answers

Answer 1

the expected amount of money the players will spend on this game is 4/9 PLN.

To calculate the probability that Adam will win the reward, we can analyze the possible scenarios and calculate the probability of each.

Let's consider the following cases:

1. Adam hits on his first turn: The probability of this happening is 1/4. In this case, Adam wins.

2. Adam misses on his first turn, but Bob also misses on his turn: The probability of this happening is (3/4) * (2/3) = 1/2. In this case, the game returns to Adam's turn.

3. Adam misses on his first turn, Bob hits on his turn: The probability of this happening is (3/4) * (1/3) = 1/4. In this case, Bob wins.

Now, considering case 2, we can break it down further:

2a. Adam misses on his second turn, and Bob misses on his second turn: The probability of this happening is (3/4) * (2/3) * (3/4) * (2/3) = 1/4. In this case, the game returns to Adam's turn.

2b. Adam misses on his second turn, but Bob hits on his second turn: The probability of this happening is (3/4) * (2/3) * (3/4) * (1/3) = 1/8. In this case, Bob wins.

Continuing this pattern, we can see that the game alternates between Adam and Bob, with the probabilities of Adam winning getting smaller each time.

By summing up the probabilities of all the cases where Adam eventually wins, we find:

P(Adam wins) = (1/4) + (1/2) * (1/4) + (1/2) * (1/4) * (1/4) + ...

This is an infinite geometric series with a common ratio of 1/4. The sum of an infinite geometric series is given by the formula:

Sum = a / (1 - r)

where a is the first term and r is the common ratio. In this case, a = 1/4 and r = 1/4.

Plugging in the values, we get:

P(Adam wins) = (1/4) / (1 - 1/4) = (1/4) / (3/4) = 1/3

Therefore, the probability that Adam will win the reward is 1/3.

Now, let's calculate the expected amount of money (in PLN) the players will spend on this game.

Let's define the random variable X as the amount of money spent on the game. We want to find E(X), the expected value of X.

We can break down the possible amounts spent on the game as follows:

- If Adam wins on his first turn, the amount spent is 1 PLN.

- If Adam wins on his second turn, the amount spent is 2 PLN.

- If Adam wins on his third turn, the amount spent is 3 PLN.

- And so on...

We can see that the amount spent is equal to the round number in which Adam wins.

Therefore, we need to calculate the expected value of the round number when Adam wins, denoted as E(7).

Using the probability calculated earlier, we have:

E(7) = 1 * P(Adam wins on his first turn) + 2 * P(Adam wins on his second turn) + 3 * P(Adam wins on his third turn) + ...

E(7) = 1 * (1/4) + 2 * (1/2) * (1/4) +

3 * (1/2) * (1/4) * (1/4) + ...

Again, this is an infinite geometric series with a common ratio of 1/4. The sum of this series is given by the formula:

Sum = a / (1 - r)^2

where a is the first term and r is the common ratio. In this case, a = 1/4 and r = 1/4.

Plugging in the values, we get:

E(7) =[tex](1/4) / (1 - 1/4)^2[/tex]

= (1/4) / [tex](3/4)^2[/tex]

= (1/4) / (9/16)

= 16/36

= 4/9

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Related Questions

In comparing the means of 2 groups, the null hypothesis could state: "the population mean of Group 1 is equal to the population mean of Group 2" (T/F)?

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We can say that the statement "the population mean of Group 1 is equal to the population mean of Group 2" is true.

In comparing the means of two groups, the null hypothesis could state that the population mean of Group 1 is equal to the population mean of Group 2, which is true. The null hypothesis is a statement that is tested in the hypothesis testing process. It is the hypothesis that there is no significant difference between the means of two populations. The null hypothesis (H0) for comparing the means of two groups can be stated as follows: "The population mean of Group 1 is equal to the population mean of Group 2."

Whereas the alternative hypothesis (H1) can be stated as: "The population mean of Group 1 is not equal to the population mean of Group 2."If the sample data supports the null hypothesis, then it is not rejected, which means there is no significant difference between the means of the two groups. However, if the sample data rejects the null hypothesis, then it is concluded that there is a significant difference between the means of the two groups, and the alternative hypothesis is accepted.

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Counting the occurrences of values in data yields:
a. An energy balance table
b. A frequency table
c. Both a and b
d. None of the above

Answers

b. A frequency table. the correct answer is option b, as counting occurrences in data yields a frequency table.

Counting the occurrences of values in data and organizing them into a table where each value is accompanied by its frequency of occurrence is known as a frequency table. It provides a summary of the distribution of values in a dataset by showing how frequently each value appears. This allows for a better understanding of the data and can be useful in various statistical analyses and decision-making processes. Therefore, the correct answer is option b, as counting occurrences in data yields a frequency table.

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a) If A = 10 3 then find A-¹. L2 1 3 b) Evaluate det(det(det(det(A) A²) A) A¹), where A is a square matrix of order 3 with det(A) = 3. [1 0 2 0-3] c) Let 0 1 50 2 be reduced row echelon form of the augmented matrix of linear Lo 0 0 1 -2] system AX = B. Explain! Why the system AX = C has a solution for any CE R³?

Answers

In part (a), we are given a matrix A and we need to find its inverse, A-¹. In part (b), we need to evaluate a determinant expression involving matrix A, where A is a square matrix of order 3 with a known determinant.

Finally, in part (c), we need to explain why the linear system AX = C has a solution for any vector C in R³, given the reduced row echelon form of the augmented matrix of the linear system.

(a) To find the inverse of matrix A, denoted as A-¹, we need to calculate the inverse using matrix operations. The inverse of A is the matrix that, when multiplied by A, gives the identity matrix.

(b) We are asked to evaluate the determinant of a complex expression involving matrix A. The determinant is a scalar value that can be calculated for square matrices. In this case, we are given that the determinant of matrix A is 3, and we need to use this information to compute the determinant of the given expression.

(c) The reduced row echelon form of the augmented matrix of the linear system AX = B is provided. From this form, we can infer certain properties of the system. In particular, if the last column of the augmented matrix contains a leading 1 (as indicated by the zeros above it), it means that the system has a solution for any vector B. This is because the system is consistent and the solution can be obtained by performing back substitution.

By addressing these steps, we can find the inverse of matrix A, evaluate the determinant expression, and explain why the linear system AX = C has a solution for any vector C in R³ based on the given reduced row echelon form of the augmented matrix.

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3. The point P(2, -1) lies on the curve y = 1/(1 − x). (a) If Q is the point (x, 1/(1 − x)), find the slope of the secant line PQ (correct to six decimal places) for the following values of x: (i) 1.5 (ii) 1.9 (iii) 1.99 (iv) 1.999 (v) 2.5 (vi) 2.1 (vii) 2.01 (viii) 2.001 (b) Using the results of part (a), guess the value of the slope of the tangent line to the curve at P(2, -1). (c) Using the slope from part (b), find an equation of the tangent line to the curve at P(2, − 1).

Answers

(a) To find the slope of the secant line PQ for different values of x, we need to determine the coordinates of point Q and then calculate the slope using the formula (change in y)/(change in x).

Given that Q is the point (x, 1/(1 − x)), the slope of the secant line PQ can be calculated as follows:

(i) x = 1.5

Point Q: (1.5, 1/(1 - 1.5))

Slope: (1/(1 - 1.5) - (-1))/(1.5 - 2)

(ii) x = 1.9

Point Q: (1.9, 1/(1 - 1.9))

Slope: (1/(1 - 1.9) - (-1))/(1.9 - 2)

(iii) x = 1.99

Point Q: (1.99, 1/(1 - 1.99))

Slope: (1/(1 - 1.99) - (-1))/(1.99 - 2)

(iv) x = 1.999

Point Q: (1.999, 1/(1 - 1.999))

Slope: (1/(1 - 1.999) - (-1))/(1.999 - 2)

(v) x = 2.5

Point Q: (2.5, 1/(1 - 2.5))

Slope: (1/(1 - 2.5) - (-1))/(2.5 - 2)

(vi) x = 2.1

Point Q: (2.1, 1/(1 - 2.1))

Slope: (1/(1 - 2.1) - (-1))/(2.1 - 2)

(vii) x = 2.01

Point Q: (2.01, 1/(1 - 2.01))

Slope: (1/(1 - 2.01) - (-1))/(2.01 - 2)

(viii) x = 2.001

Point Q: (2.001, 1/(1 - 2.001))

Slope: (1/(1 - 2.001) - (-1))/(2.001 - 2)

(b) By observing the values obtained for the slope in part (a) as x approaches 2 from both sides, we can make a guess for the slope of the tangent line at P(2, -1).

(c) Using the slope obtained in part (b) and the point P(2, -1), we can write the equation of the tangent line using the point-slope form:

y - y1 = m(x - x1)

Substituting the values y1 = -1, x1 = 2, and the slope from part (b), we can find the equation of the tangent line.

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researcher would like to determine the average reading ability of third-grade students in the local school district. A sample of n=5 students is selected and each student takes a standardized reading test. The average score for the sample means is = 72 with SS=2,400. What is the confidence interval for the population mean? a. Calculate the standard error (SE) Show your work. (Hint: You need to calculate the standard deviation first) b. Calculate the 99% confidence interval (show your work). Show your work . c. Interpretation

Answers

Therefore, the 99% confidence interval is (43.79, 100.21)

a. Calculation of Standard Error (SE)To calculate the standard error (SE), we need to calculate the standard deviation first. Standard deviation can be calculated as;

SD = sqrt (SS / df)

= sqrt (2400 / 4) = sqrt (600) = 24.5

Therefore, the standard deviation is 24.5

The formula for calculating the standard error is: SE = SD / sqrt (n)

= 24.5 / sqrt (5)

= 10.96

Thus, the standard error (SE) is 10.96.

b. Calculation of the 99% Confidence Interval The formula for calculating a confidence interval is:

CI = M ± Z (α/2) (SE)

where, M = sample meanα = 1 - confidence level or 0.01 for a 99% confidence level

SE = standard error Z (α/2)

= critical value of the standard normal distribution corresponding to the level of significance (α/2).

The Z (α/2) value can be calculated using a standard normal distribution table.

For a 99% confidence level, α/2 = 0.005 and the corresponding Z value is 2.576.

Since the sample mean is 72 and the standard error is 10.96, the 99% confidence interval for the population mean can be calculated as follows:

CI = 72 ± 2.576(10.96)

= 72 ± 28.21

Therefore, the 99% confidence interval is (43.79, 100.21).

c. Interpretation In a 99% confidence interval, we can say that if we take an infinite number of samples, then in 99% of the cases, the population mean will lie between (43.79, 100.21).

This means that we are 99% confident that the population mean will fall between these two values.

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A diaper manufacturing company wanted to investigate how the price of their machine depreciates with age. An audit department of the company took a sample of eight machines and collected the following information on their ages (in years) and prices (RM '000) of these machines. No Age (in years) Prices (RM'000)
1 8 550
2 3 910
3 6 740
4 9 350
5 2 1300
6 5 780
7 4 870
8 7 410
(i) Determine the least square regression equation that can be used to estimate the prices of the machine on the age of the machine. (ii) Find the correlation of coefficient and comment on the strength of correlation that exists between the two variables. Comment on your answer. (iii) Calculate the coefficient of determination of the data above and comment on your answer. (iv) Estimate the price of the machine at the age of 3.5 years. ( 2 marks)

Answers

A diaper manufacturing company wanted to investigate how the price of their machine depreciates with age. An audit department of company took a sample of eight machines and collected information on their ages.

1 8 550

2 3 910

3 6 740

4 9 350

5 2 1300

6 5 780

7 4 870

8 7 410

(i) Determine the least square regression equation that can be used to estimate the prices of the machine on the age of the machine. (ii) Find the correlation of coefficient and comment on the strength of correlation that exists between the two variables. Comment on your answer. (iii) Calculate the coefficient of determination of the data above and comment on your answer. (iv) Estimate the price of the machine at the age of 3.5 years. ( 2 marks)

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The amount of lateral expansion (mils) was determined for a sample of n = 10 pulsed-power gas metal arc welds used in LNG ship containment tanks. The resulting sample standard deviation was s = 2.82 mils. Assuming normality, derive a 95% CI for σ2 and for σ. (Round your answers to two decimal places.)

Answers

The amount of lateral expansion (mils) was determined for a sample of n = 10 pulsed-power gas metal arc welds used in LNG ship containment tanks. The resulting sample standard deviation was s = 2.82 mils. Assuming normality, a 95% confidence interval for σ² and for σ is (3.13, 29.78) mils² and   (1.77, 5.46) mils respectively.

To construct a confidence interval for the population variance (σ²) and standard deviation (σ), we can use the chi-square distribution. For a 95% confidence level, the critical values for the chi-square distribution with (n-1) degrees of freedom are found from the chi-square table.

Given:

Sample size: n = 10

Sample standard deviation: s = 2.82 mils

(a) Confidence interval for σ²:

The chi-square distribution depends on the degrees of freedom, which in this case is (n-1) = 9. For a 95% confidence level, we need to find the critical values of the chi-square distribution corresponding to α/2 = 0.025 and α/2 = 0.975 (since it is a two-tailed test).

From the chi-square table, the critical values for α/2 = 0.025 and degrees of freedom = 9 are approximately 2.70 and 19.02, respectively.

The confidence interval for σ² is calculated as:

CI = [(n-1)s²/ χ²(α/2), (n-1)s² / χ²(1-α/2)],

where χ²(α/2) and χ²(1-α/2) are the critical values from the chi-square distribution.

Plugging in the values, we have:

CI = [(9)(2.82²) / 19.02, (9)(2.82²) / 2.70] ≈ [3.13, 29.78].

The 95% confidence interval for σ² is approximately (3.13, 29.78) mils².

(b) Confidence interval for σ:

To find the confidence interval for σ, we take the square root of the endpoints of the confidence interval for σ²:

CI = [√(CI lower), √(CI upper)].

Plugging in the values, we have:

CI = [√(3.13), √(29.78)] ≈ [1.77, 5.46].

The 95% confidence interval for σ is approximately (1.77, 5.46) mils.

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3. There are 4 blue and 6 green balls in a bag. A ball is selected at random without replacement. A second ball is then selected at random. a) Draw a tree diagram to represent all of the possible outcomes. b) What is the probability of two blue balls being selected? Give your answer to 3 d.p. c) What is the probability that 1 blue and 1 green ball are selected, in any order? Give your answer to 3 d.p.

Answers

The probability of two blue balls being selected is approximately 0.133.

The probability of selecting 1 blue and 1 green ball, in any order, is approximately 0.267.

We have,

a) Here is a tree diagram representing all the possible outcomes:

         4/10 Blue

        /       \

  3/9 Blue    6/9 Green

    /   \       /     \

2/8 Blue  6/8 Green   4/8 Blue

  |          |           |

1/7 Blue  5/7 Green   3/7 Green

  |          |           |

0/6 Green  4/6 Green   2/6 Green

b) To calculate the probability of selecting two blue balls, we multiply the probabilities along the path that leads to two blue balls:

Probability of selecting a blue ball first: 4/10

Probability of selecting a blue ball second (without replacement): 3/9

Probability of two blue balls = (4/10) * (3/9) = 2/15 ≈ 0.133

c) To calculate the probability of selecting 1 blue and 1 green ball, in any order, we need to consider both possible outcomes:

Blue ball first, green ball second:

Probability of selecting a blue ball first: 4/10

Probability of selecting a green ball second: 6/9

Green ball first, blue ball second:

Probability of selecting a green ball first: 6/10

Probability of selecting a blue ball second: 4/9

Now, we add the probabilities of both outcomes:

Probability of 1 blue and 1 green ball

= (4/10) * (6/9) + (6/10) * (4/9)

= 4/15

≈ 0.267

Therefore,

The probability of two blue balls being selected is approximately 0.133.

The probability of selecting 1 blue and 1 green ball, in any order, is approximately 0.267.

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Many, many years ago your great, great, great, great grandmother left you $2 in a bank account that was just discovered. There is $150,000 in it today! Assuming a Quoted Rate, or Annual Percentage Rate (APR), of 5.5% (compounded weekly), approximately how many years ago did she bequeath this to you? 204.11 years ago. 204.56 years ago. 204.20 years ago. 209.66 years ago.

Answers

Approximately 204.11 years ago, your great, great, great, great grandmother left you $2 in a bank account that has grown to $150,000 today.

To calculate the number of years, we can use the compound interest formula:

[tex]A = P(1 + r/n)^ {nt}[/tex]

where A is the final amount, P is the principal amount, r is the annual interest rate (as a decimal), n is the number of times the interest is compounded per year, and t is the number of years.

Given that the principal amount is $2, the final amount is $150,000, the annual interest rate is 5.5% (0.055 as a decimal), and the interest is compounded weekly (n = 52), we can solve for t:

[tex]50,000 = 2(1 + 0.055/52)^{52t}[/tex]

Dividing both sides by $2 and isolating the exponent, we get:

[tex]75,000 = (1.0010576923076923)^{52t}[/tex]

Taking the logarithm of both sides, we have:

[tex]log(75,000) = log(1.0010576923076923)^{52t}[/tex]

Using logarithm properties, we can rewrite the equation as:

log(75,000) = 52t * log(1.0010576923076923)

Solving for t by dividing both sides by 52 * log(1.0010576923076923), we find:

t ≈ 204.11 years

Therefore, approximately 204.11 years ago, your great, great, great, great grandmother left you $2 in the bank account.

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Integrate f 1dx. 1+cos x

Answers

The integral of the function f(x) = 1/(1+cosx) w.r.t x is 2[x - 2ln|cos(x/2)|] + C, where C is the constant of integration.


The given function is f(x) = 1/(1+cosx)
The integration of f(x) is to be found out.
Using the formula 2cos²(x/2) = 1 + cosx, we get f(x) = 2cos(x/2)/(sin(x/2)+cos(x/2))
Integrating both sides w.r.t x, we get I = ∫f(x)dx = 2 ∫cos(x/2)/(sin(x/2)+cos(x/2)) dx
Now, substituting sin(x/2) + cos(x/2) = t and differentiating to get dt/dx, and then integrating, we obtain
I = 2[x - 2ln|cos(x/2)|] + C.

Therefore, the integral of the function f(x) = 1/(1+cosx) w.r.t x is 2[x - 2ln|cos(x/2)|] + C, where C is the constant of integration.

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Manny developed a study looking at the effect of diet on concentration. In the experiment, 86 subjects were placed on 6 possible diets. Use the following table to determine whether diet influenced concentration Be sure to fill in the table correctly to get the conclusion! Diet does not have a significant effect on Concentration at either the p<0.05 or p<0.01 levels There is not enough information to determine the effect. Diet has a significant effect on Concentration at the p<0.05 and p<0.01 levels Diet has a significant effect on Concentration at the p<0.05 level only Diet has a significant effect on Concentration at the p<0.01 level only

Answers

The correct answer remains: "There is not enough information to determine the effect." It is essential to conduct a thorough statistical analysis to establish any potential relationship between diet and concentration in Manny's study.

To determine whether diet influenced concentration in Manny's study, we would need additional information and statistical analysis. Without the specific data or the results of hypothesis testing, we cannot make a conclusive determination about the effect of diet on concentration. The table provided seems to suggest that we should fill in the cells with conclusions, but without any statistical evidence, it is impossible to accurately fill in those values.

In scientific studies, assessing the significance of an effect requires rigorous statistical analysis. Typically, researchers use statistical tests, such as analysis of variance (ANOVA) or t-tests, to examine the differences between groups and determine if those differences are statistically significant. The significance level, often denoted as alpha (α), represents the threshold below which a result is considered statistically significant. The most common levels used in research are p<0.05 and p<0.01, indicating a 5% and 1% chance of obtaining the observed result due to random chance, respectively.

In Manny's study, we would need to conduct statistical analyses to compare the concentration levels across the different diets. This would involve calculating means, standard deviations, and conducting appropriate statistical tests to determine if there are significant differences in concentration based on the diet groups.

Without these crucial statistical analyses or any mention of p-values or significance levels in the provided table, we cannot definitively conclude whether diet has a significant effect on concentration. We must emphasize that drawing conclusions about the effect of diet on concentration requires proper statistical analysis and reporting of results.

Therefore, the correct answer remains: "There is not enough information to determine the effect." It is essential to conduct a thorough statistical analysis to establish any potential relationship between diet and concentration in Manny's study.

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A man walks directly from paint A towards the foot of a tall building 240m away. After covering 180m, he observes that the angle of the top of the building is 45. (3 marks) Determine the angie of elevation of the top of the building from A.​

Answers

Using trigonometry, the angle of elevation of the top of the building from A is 36.87 degrees

What is the angle of elevation of the top of the building from A?

The angle of elevation of the building from A, we can apply the concept of trigonometry;

tan(θ) = opposite/adjacent

tan(θ) = height/180m

Since we're given that the angle of the top of the building is 45 degrees when the man is 180m away from point A, we can set up the equation:

tan(45°) = height/180m

The tangent of 45 degrees is 1, so the equation becomes:

1 = height/180m

Solving for the height:

height = 180m

Using the tangent of the angle;

tan(θ) = height/distance

tan(θ) = 180m/240m

Simplifying:

tan(θ) = 0.75

θ = tan⁻¹(0.75)

θ = 36.87 degrees

Therefore, the angle of elevation of the top of the building from point A is approximately 36.87 degrees.

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A starting lineup in basketball consists of two guards, two forwards, and a center. (a) A certain college team has on its roster four centers, four guards, five forwards, and one individual (X) who can play either guard or forward. How many different starting lineups can be created? [Hint: Consider lineups without X, then lineups with X as guard, then lineups with X as forward.] 520 lineups (b) Now suppose the roster has 4 guards, 5 forwards, 3 centers, and 2 "swing players" (X and Y) who can play either guard or forward. If 5 of the 14 players are randomly selected, what is the probability that they constitute a legitimate starting lineup? (Round your answer to three decimal places.)

Answers

The probability that a randomly selected group of 5 players constitutes a legitimate starting lineup is approximately 0.089.

The number of different starting lineups for the college team with the given roster is 520. In the first part, we need to consider lineups without the player X, lineups with X as a guard, and lineups with X as a forward. By considering these three cases separately, we can calculate the total number of possible lineups.

Without X, there are 4 possible choices for the center position, 4 choices for the first guard position, 3 choices for the second guard position, and 5 choices for each of the forward positions. This gives us a total of 4 x 4 x 3 x 5 x 5 = 1200 lineups.

When X is a guard, we have 4 choices for the center position, 3 choices for the second guard position, and 5 choices for each of the forward positions. This gives us a total of 4 x 3 x 5 x 5 = 300 lineups.

Similarly, when X is a forward, we have 4 choices for the center position, 4 choices for the first guard position, and 5 choices for each of the forward positions. This gives us a total of 4 x 4 x 5 x 5 = 400 lineups.

Adding up the lineups from the three cases, we get a total of 1200 + 300 + 400 = 1900 lineups. However, we need to subtract the overlap of lineups where X is either a guard or a forward, which is 400 lineups. Therefore, the final count of different starting lineups is 1900 - 400 = 1500 lineups.

In summary, the number of different starting lineups for the college team with the given roster is 1500.

To calculate the probability in part (b), we need to determine the total number of possible combinations of 5 players that can be selected from a pool of 14 players. The total number of combinations can be calculated using the formula for combinations, which is given by:

C(n, k) = n! / (k!(n - k)!)

Where n is the total number of players (14 in this case) and k is the number of players to be selected (5 in this case).

Plugging in the values, we have:

C(14, 5) = 14! / (5!(14 - 5)!) = 2002

Now, we need to determine the number of favorable outcomes where the selected players constitute a legitimate starting lineup. A legitimate starting lineup consists of 2 guards, 2 forwards, and 1 center. The number of ways to select 2 guards from 4 guards is C(4, 2) = 6. Similarly, the number of ways to select 2 forwards from 5 forwards is C(5, 2) = 10. Finally, the number of ways to select 1 center from 3 centers is C(3, 1) = 3.

To calculate the probability, we divide the number of favorable outcomes by the total number of possible outcomes:

Probability = (Number of favorable outcomes) / (Total number of possible outcomes) = (6 x 10 x 3) / 2002 ≈ 0.089 (rounded to three decimal places).

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A bin contains THREE (3) defective and SEVEN (7) non-defective batteries. Suppose TWO (2) batteries are selected at random without replacement. a) Construct a tree diagram. b) What is the probability that NONE is defective? c) What is the probability that at least ONE (1) is defective? QUESTION 2 (9 MARKS) Bifa is interested in buying pre-loved clothes distributed to orphanages and foster homes.

Answers

30

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Find the finite population correction factor for the sample size of 73 and the population size of 290 . Round your answer to two decimals. QUESTION 4 the sample proportion (standard error). Round your answer to four decimal places.

Answers

The finite population correction factor is 0.87

The sample proportion is 0.25, and the standard error is 0.05

How to find the finite population correction factor?

To calculate the finite population correction factor, we use the formula:

Correction Factor = √((N - n) / (N - 1))

Where:

N = Population size

n = Sample size

Given a sample size of 73 (n) and a population size of 290 (N), let's calculate the finite population correction factor:

Correction Factor =√((290 - 73) / (290 - 1))

= √(217 / 289)

≈ √(0.7509)

≈ 0.8669

Rounding to two decimal places, the finite population correction factor is approximately 0.87.

Amd the sample proportion is the quotient between the sample size and the population size, 73/290 = 0.25

And the standard error is:

Standard Error = √((0.25 * (1 - 0.25)) / 73) = 0.05

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The finite population correction factor is 0.0525

The formula for the finite population correction factor for the sample size of 73 and the population size of 290 is given by;

{eq}fpc = \sqrt{\dfrac{N - n}{N - 1}}\\fpc

            = \sqrt{\dfrac{290 - 73}{290 - 1}}\\fpc \approx 0.9716 {/eq}

Rounding the answer to two decimal places gives us the value of 0.97.

The sample proportion is given by;

p = 0.25, as this value is not given in the question, we will assume it to be 0.25.

{eq}SE_p = \sqrt{\dfrac{p(1-p)}{n}}\\

SE_p = \sqrt{\dfrac{0.25(1-0.25)}{73}}\\

SE_p \approx 0.0525 {/eq}

Rounding the answer to four decimal places gives us the value of 0.0525.

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Recent test scores on the Law School Admission Test (LSAT) are normally distributed with a mean of 162.4 and a standard deviation of 15.9. What is the probability that the mean of 8 randomly selected scores is less than 161?
O 0,535
O 0,620
O 0,380
O 0,465

Answers

The probability that the mean of the 8 randomly selected scores is less than 161 is given as follows:

0.405.

How to obtain the probability?

Using the Central Limit Theorem, the standard error is given as follows:

[tex]s = \frac{15.9}{\sqrt{8}}[/tex]

s = 5.62.

The mean is given as follows:

[tex]\mu = 162.4[/tex]

The z-score associated with a score of 161 is given as follows:

Z = (161 - 162.4)/5.62

Z = -0.25.

The probability is the p-value of Z = -0.25, hence it is given as follows:

0.405.

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Please Solve below A. Find the length and direction (when defined) of u x v. u=4i +2j+8k, v=-i-2j-2 k 0 180: 금 O i+ k 30 O 6√5; 2√5 + √5 k 5 180; 2√51+√√k i+ 6√5; 2√5;√k K B. Find the center and radius of the sphere. x² + y² + z 2 - 2x - 18y + 10z = -43 O C(1,9,-5), a = 8 O C(1, 9, 5), a = 8 O C(-1,-9, 5), a = 8 C(1,9,-5), a = 64

Answers

The center of the sphere is C(1, 9, -5), and the radius is a = √65.

A. To find the length and direction of the cross product u x v, we first need to calculate the cross product.

Given:

u = 4i + 2j + 8k

v = -i - 2j - 2k

The cross product u x v can be calculated as follows:

u x v = (4i + 2j + 8k) x (-i - 2j - 2k)

     = (2(8) - 8(-2))i - (4(8) - 8(-1))j + (4(-2) - 2(2))k

     = (16 + 16)i - (32 + 8)j + (-8 - 4)k

     = 32i - 40j - 12k

Now, let's find the length (magnitude) of the cross product:

|u x v| = √(32² + (-40)² + (-12)²)

       = √(1024 + 1600 + 144)

       = √(2768)

       = √(4 * 692)

       = 2√(692)

Therefore, the length of u x v is 2√(692).

To find the direction (unit vector) of u x v, we divide the cross product by its length:

Direction = (32i - 40j - 12k) / (2√(692))

         = (16/√(692))i - (20/√(692))j - (6/√(692))k

So, the direction of u x v is ((16/√(692))i - (20/√(692))j - (6/√(692))k).

B. To find the center and radius of the sphere given the equation x² + y² + z² - 2x - 18y + 10z = -43, we can rewrite the equation in the standard form of a sphere:

(x - h)² + (y - k)² + (z - l)² = r²

Comparing this form with the given equation, we have:

(x - 1)² + (y - 9)² + (z + 5)² = (-43 - (-2 + 81 + 25)) = 65

Therefore, the center of the sphere is C(1, 9, -5), and the radius is the square root of 65, denoted as a = √65.

So, the center of the sphere is C(1, 9, -5), and the radius is a = √65.

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State Farm company has a total of 500 male employees. Of them, 125 are single, 280 are married, 65 are either divorced or separated, and 30 are widowers. If one male employee is selected at random from this company, the probability that this employee is married or a widower is:

Answers

T he probability that a male employee selected at random from State Farm company is married or a widower is 0.62 or 62%.

To find the probability that a male employee selected at random from State Farm company is married or a widower, we need to add the number of married men and the number of widowers together and divide by the total number of male employees.

The number of married men is 280, and the number of widowers is 30. Therefore, the total number of male employees who are either married or widowed is:

280 + 30 = 310

Now, we can calculate the probability of selecting a male employee who is married or a widower by dividing the number of male employees who are married or widowed by the total number of male employees:

310 / 500 = 0.62

Therefore, the probability that a male employee selected at random from State Farm company is married or a widower is 0.62 or 62%.

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Obesity Obesity is defined as a body mass index (BMI) of 30 kg/m2 or more. A 90% confidence interval for the percentage of U.S. women aged 50 to 59 who were obese was found to be 29.6% to 31.0%.
What was the sample size? Round the intermediate calculations to four decimal places and round up your final answer to the next whole number. n=

Answers

The confidence interval and assuming a conservative estimate of the population standard deviation, the sample size (n) is calculated to be approximately 383 individuals. This sample size ensures a 90% confidence level with a margin of error of 0.7%.

To calculate the sample size, we need to consider the formula for the margin of error in a confidence interval. The margin of error is determined by the confidence level and the standard deviation of the population. However, in this case, the population standard deviation is unknown.

We can estimate the sample size by assuming a conservative estimate of the population standard deviation, which is 0.5. With a 90% confidence level, we can use the formula for the margin of error: Margin of Error = Z * sqrt((p * (1-p)) / n), where Z is the z-value corresponding to the confidence level, p is the midpoint of the confidence interval, and n is the sample size.

In this case, the midpoint of the confidence interval is (29.6% + 31.0%) / 2 = 30.3%. Using a z-value of 1.645 for a 90% confidence level, we can substitute these values into the formula and solve for n.

Margin of Error = 1.645 * sqrt((0.303 * (1-0.303)) / n)

Given that the margin of error is half the width of the confidence interval (31.0% - 29.6%) / 2 = 0.7%, we can set up the equation:

0.007 = 1.645 * sqrt((0.303 * (1-0.303)) / n)

By solving this equation, we find that the sample size (n) is approximately 383.

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Consider the two alternatives below. Use B/C analysis to recommend a choice. Include CFDs, calculation and conclusion in your words. Life Span =5 years, MARR =10%, Option A: First cost \$500 Annual Revenue $138.70 Option B: First Cost $200 Annual Revenue $58.30

Answers

The benefit-cost ratio (B/C) for Option A is 0.9085, while for Option B it is 0.9553. Since a B/C ratio greater than 1 indicates a favorable investment, Option B is recommended as it has a higher B/C ratio. Option A is recommended based on the B/C analysis.

Explanation:
To calculate the benefit-cost ratio (B/C) for both options, we need to consider the cash flow diagrams (CFDs) and the given data:
Option A:
First cost = $500
Annual revenue = $138.70
Option B:
First cost = $200
Annual revenue = $58.30

Step-by-step calculation:
1. Calculate the net present value (NPV) for each option:
NPV_A = Annual revenue * (1 - (1 + MARR)^(-life span)) / MARR
NPV_A = $138.70 * (1 - (1 + 0.10)^(-5)) / 0.10 = $454.26
NPV_B = $58.30 * (1 - (1 + 0.10)^(-5)) / 0.10 = $191.06
2. Calculate the benefit-cost ratio (B/C) for each option:
B/C_A = NPV_A / First cost_A
B/C_A = $454.26 / $500 = 0.9085
B/C_B = NPV_B / First cost_B
B/C_B = $191.06 / $200 = 0.9553

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SHOW ME IN THE GRAPH SLOPE OF THE LINE

Answers

Answer:

y = [tex]\frac{1}{2}[/tex]x+2

Step-by-step explanation:

y= mx+b

b = 2

m = slope = [tex]\frac{1}{2}[/tex]

y = [tex]\frac{1}{2}[/tex]x+2

Based on your conclusion in part 2), is the P-value less or greater than a? Explain your answer. You will not get credit if you find p-value. You should rely in your answer on part 2). a-There is no relationship between the conclusions between confidence interval and hypothesis testing for population proportion. b-Since the null is not rejected using the 95% confidence interval. We expect the p-value to be less than 0.05. We expect conclusions to be the same using the 95% confidence interval and hypothesis testing for one population proportion to be contradictory. c- Since the null is not rejected using the 95% confidence interval. We expect the p-value to be greater than 0.05. We expect conclusions to be the same using the 95% confidence interval and hypothesis testing for one population proportion at the same aipha level.

Answers

The expected relationship between the conclusions drawn from the confidence interval and hypothesis testing for population proportion is that the null hypothesis is not rejected using the 95% confidence interval.

We established that the null hypothesis was not rejected using the 95% confidence interval. This means that the confidence interval contains the null value, indicating that there is no statistically significant evidence to suggest a relationship between the variables being studied.

Since the null hypothesis was not rejected, it implies that the P-value, which represents the probability of observing a result as extreme as the one obtained under the null hypothesis, is greater than the predetermined significance level, denoted as 'a'.

When the P-value is greater than the significance level, it indicates that the observed data is not sufficiently inconsistent with the null hypothesis, supporting the conclusion that there is no significant relationship between the variables. This aligns with the expected relationship between the conclusions drawn from the confidence interval and hypothesis testing for population proportion, as stated in option (c).

Therefore, based on the conclusion from part 2), we can expect the P-value to be greater than 0.05, indicating that the null hypothesis is not rejected. Additionally, the expected conclusions using the 95% confidence interval and hypothesis testing for one population proportion are consistent at the same alpha level.

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The proportion of children who play sports is less than 53%.
Sample statistics include n = 1,336 subjects with 32% saying that
they play a sport. Find the value of the test
statistic.

Answers

Given that the sample consists of 1,336 subjects with 32% of them saying they play a sport, and the claim is that the proportion of children who play sports is less than 53%, we need to find the value of the test statistic.

To find the test statistic, we can use the z-test for proportions. The formula for the test statistic in this case is:

z = (P - p) / √((p * (1 - p)) / n)

Where:

P is the sample proportion (32% or 0.32 in decimal form),

p is the claimed proportion (53% or 0.53 in decimal form),

n is the sample size (1,336 in this case), and

√ represents the square root.

Substituting the given values into the formula, we have:

z = (0.32 - 0.53) / √((0.53 * (1 - 0.53)) / 1,336)

Simplifying the expression, we get:

z = (-0.21) / √((0.53 * 0.47) / 1,336)

Calculating the square root and further simplifying, we find:

z = -0.21 / √(0.2491 / 1,336)

Finally, evaluating the right-hand side of the equation using a calculator, we obtain the value of the test statistic. Please note that the provided word count includes the summary and the explanation.

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The least-squares regression line is y^​=−13.586+4.340x, where x represents the age of an elementary school student and y represents the score on a standardized test. The value of the slope is which interprets as: The y-intercept is which interprets as:

Answers

The slope of the least-squares regression line is 4.340, which represents the rate of change in the standardized test score (y) for each unit increase in the age of an elementary school student (x). The y-intercept is -13.586, which represents the estimated score on the standardized test when the age of the student is zero.

The least-squares regression line is a mathematical model that best fits the relationship between the age of an elementary school student (x) and their score on a standardized test (y). In this case, the slope of 4.340 indicates that for each additional year in age, the student's standardized test score is expected to increase by 4.340 points. This positive slope suggests a positive correlation between age and test performance, implying that older students tend to have higher scores.

On the other hand, the y-intercept of -13.586 indicates the estimated test score when the age of the student is zero. However, in practical terms, it may not have a meaningful interpretation since it is highly unlikely for an elementary school student to be aged zero. It is important to note that extrapolating beyond the range of available data can lead to unreliable predictions.

In conclusion, the slope of 4.340 signifies the rate of change in test scores per unit increase in age, while the y-intercept of -13.586 represents the estimated score when the student's age is zero, albeit this value may not hold practical significance in the context of elementary school students.

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Match the written mathematical operation to the equivalent symbolic form.
The quotient of 2 and g
The sum of 2 and 9
The difference of 2 and 9
The square of 9
The product of 2 and 9
2(9)
2/9
2-9
2 + 9
9

Answers

The written mathematical operations to their equivalent symbolic forms:

The quotient of 2 and 9: 2/9

The sum of 2 and 9: 2 + 9

The difference of 2 and 9: 2 - 9

The square of 9: 9^2 or 9²

The product of 2 and 9: 2(9)


Mathematical operations can be represented symbolically to express various computations. Let's break down each operation:

The quotient of 2 and 9: To find the quotient of 2 and 9, we divide 2 by 9, which is symbolized as 2/9.The sum of 2 and 9: To calculate the sum of 2 and 9, we add them together, resulting in 2 + 9.The difference of 2 and 9: When we want to find the difference between 2 and 9, we subtract 9 from 2, expressed as 2 - 9.The square of 9: The square of a number is obtained by multiplying the number by itself. Hence, the square of 9 is represented as 9^2 or 9².The product of 2 and 9: When we multiply 2 by 9, we obtain their product, denoted as 2(9).

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Consider an annuity that pays $10 per year continuously with payments beginning in ten years. This annuity has five years of payments. Find the present value of this annuity at 8 = 0.02. 39.74 39.35 38.67 39.44 39.03 47.11 48.06 38.96 38.57 47.58

Answers

The present value of the annuity with payments of $10 per year continuously for five years, beginning in ten years, at an interest rate of 8% (0.08), is approximately $39.74.

To calculate the present value of the annuity, we use the formula:

PV = PMT * (1 - e^(-rt)) / r,

where PV is the present value, PMT is the payment amount, r is the interest rate, and t is the number of years.

In this case, the payment amount is $10, the interest rate is 0.08, and the number of years is 5. Plugging these values into the formula, we get:

PV = 10 * (1 - e^(-0.08 * 5)) / 0.08 ≈ $39.74.

Therefore, the present value of the annuity is approximately $39.74. This means that if you were to receive a continuous payment of $10 per year for five years, beginning in ten years, and the interest rate is 8%, the current value of those future payments is approximately $39.74.

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(1 − 1.1B + .8B²)Z1 = (1 − 1.7B + .72B²)ap (a) Verify whether it is stationary, or invertible, or both. (b) Express the model in an MA representation if it exists. (c) Express the model in an AR representation if it exists.

Answers

a)   Both roots are outside the unit circle, which means that the model is not stationary and not invertible.

b)  The AR representation is: ap = Z1 + 1.7Z1B + 1.16Z1B^2 - 0.4889Z1B^3

(a) To determine whether the model is stationary or invertible, we need to check the roots of the characteristic polynomial:

1 - 1.1B + 0.8B^2 = 0

Using the quadratic formula, we get:

B = (1.1 ± sqrt(1.1^2 - 40.8)) / (20.8)

B = 0.625 or B = 1.25

Both roots are outside the unit circle, which means that the model is not stationary and not invertible.

(b) To express the model in an MA representation, we need to solve for Z1:

Z1 = [(1 - 1.7B + 0.72B^2) / (1 - 1.1B + 0.8B^2)] * ap

Expanding the fraction using long division, we get:

Z1 = ap - 0.6apB - 0.5apB^2 + 0.175apB^3

So the MA representation is:

Z1 = ap - 0.6apB - 0.5apB^2 + 0.175apB^3

(c) To express the model in an AR representation, we can rearrange the equation to solve for ap:

ap = [(1 - 1.1B + 0.8B^2) / (1 - 1.7B + 0.72B^2)] * Z1

Expanding the fraction using long division, we get:

ap = Z1 + 1.7Z1B + 1.16Z1B^2 - 0.4889Z1B^3

So the AR representation is:

ap = Z1 + 1.7Z1B + 1.16Z1B^2 - 0.4889Z1B^3

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Regression. A coach wants to see the relationship between the statistics of practice games and official games of a local soccer team. A sample of 25 players was used and the resulting (partial) Excel output is shown below. Assume both x and y form normal distributions. Regression Multiple R R Square Adjusted R Square Standard Error Observations A. 0.793 OB. 40.424 OC. 0.173 O D. 4.371 Statistics (a) The slope of the regression line is 0.70524 0.668395 8.703633 25 Coefficiente Standard (Stat Error (b) The correlation coefficient is OA. H₂ = 0 OB. Hp O OA. 0.8398 OB. -0.8398 OC. None of the other answers OD. 0.705 OC. H₂:00 OD. Hp 0 P-value Lower 95% A hypothesis test is done to determine whether the correlation coefficient is significantly different from zero. (c) The altemate hypothesis is Upper 95%
(d) The test statistic is A. 40.78 B. 0.362 C. None of the other answers D. 4.794 (e) The degrees of freedom are: A. 22 OB. 23 C. 25 D. 24 (f) At the 5% significance level it can be concluded that there is evidence to suggest the correlation coefficient is A. zero B. not zero C. positive D. negative

Answers

The slope of the regression line is 0.70524. The correlation coefficient is 0.8398. The alternate hypothesis is Upper 95%. The test statistic is 4.794. The degrees of freedom are 23. At the 5% significance level, there is evidence to suggest that the correlation coefficient is not zero as the calculated test statistic value is greater than the critical value.

Statistics:

The coach used regression to evaluate the relationship between the statistics of practice games and official games of a local soccer team. The regression analysis produced an R-squared value of 40.424, which indicates that 40.424% of the variation in the dependent variable can be explained by the independent variable, and the correlation coefficient is 0.8398.

Therefore, there is a strong positive correlation between the statistics of practice games and official games of a local soccer team.

The hypothesis test will help determine whether the correlation coefficient is significantly different from zero. The alternative hypothesis is that the correlation coefficient is not equal to zero (two-tailed test). The null hypothesis is that the correlation coefficient is equal to zero. The test statistic is 4.794 with 23 degrees of freedom. At the 5% significance level, the critical value is ±2.069.

Since the calculated test statistic value is greater than the critical value, it can be concluded that there is evidence to suggest that the correlation coefficient is not zero (that there is a significant relationship between the two variables). The correct option is B. not zero.

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Find ze²da. OA.xet +C OB. xe + e + C O C. e² + C O D. · ( ²² ) e ² + c C E.xet —et tC

Answers

To find ze²da, we can use the following steps:

Factor out the constant e².Use the power rule to integrate x.

Add an arbitrary constant C.An arbitrary constant is a symbol that can be assigned any value without affecting the validity of an equation or expression.

Arbitrary constants are often used to represent unknown quantities, such as the area under a curve or the volume of a solid.

Factoring out the constant e², we have:

∫ ze²da = ∫ e² da

Using the power rule to integrate x, we have:

∫ e² da = e²x + C

Adding an arbitrary constant C, we have:

∫ ze²da = xe² + C

Therefore, the answer is xe² + C.

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It has been conjectured by the U.S. Census Bureau that "approximately 60% of foreign-born people who live in the U.S. are not naturalized citizens". In a national random sample of 70 foreign-born people who live in the U.S., on average, how many people would you expect to get that are not naturalized citizens. Select the best answer below.
Choose one answer.
A. 28 people B. 42 people C. 4.10 people D. None of these.

Answers

The best answer is B. 42 people.To determine the expected number of people who are not naturalized citizens in a national random sample of 70 foreign-born individuals living in the U.S.

We can use the information provided by the U.S. Census Bureau that approximately 60% of foreign-born individuals are not naturalized citizens. The expected number can be calculated by multiplying the sample size (70) by the proportion of individuals who are not naturalized citizens (60%). Expected number = Sample size * Proportion = 70 * 0.60 = 42. Therefore, the best answer is B. 42 people.

This means that, on average, we would expect around 42 out of the 70 foreign-born individuals in the national random sample to be not naturalized citizens. However, it's important to note that this is an expected value based on the given proportion, and the actual number in any specific sample may vary.

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Part II ONLINE CLASS PARTICIPATION (10%) Discuss the following topic(s) in the forum and submit proof of your participation in the online discussions: 1) 2) 3) 4) E Discuss how accounting knowledge is valuable and can be applied in your workplace. Share your view of how accounting involves in your personal decision making. Discuss your understanding of internal and external users and provide examples of the accounting information needed. Assume you are thinking about investing in a company. In order to evaluate the company, you read the annual report. Then, explain to other potential investors, in your opinion, how the information in annual reports can help them make investment decisions. [Total: 10 marks] 1. a. Assume a city of 1,000,000 people, 60% of whom are willing to pay $1 maximum (each) to clean up pollution. The rest of the population is wealthier and is willing to pay $100 each to clean up pollution. The pollution clean-up cost is $2,000,000. It has been proposed that each person be taxed equally to pay for pollution clean-up. i) Demonstrate using the information provided whether the social choice mechanism is Pareto Efficient or Kaldor Hicks Efficient? ii) What would this society choose if it took a majority ruling action? What is the net benefit of a training program if the benefitsare $500,000 and the costs are $700,000?A) -$200,000B) $200,000C) -$1,200,000D) $1,200,000 Required information Use the following information for the Quick Study below. Nix'It Company's ledger on July 31, its fiscal year-end, includes the following selected accounts that have normal balances (Nix'It uses the perpetual inventory system). Merchandise inventory Retained earnings Dividends Sales Sales discounts 37,800 Sales returns and allowances $ 6,500 105,000 10,300 32, 500 5, 000 115,300 Cost of goods sold 7,000 Depreciation expense 160,200 Salaries expense 4,700 Miscellaneous expenses A physical count of its July 31 year-end inventory discloses that the cost of the merchandise inventory still available is $35,900. [The following information applies to the questions displayed below. QS 4-10 Closing entries LO P3 Prepare journal entries to close the balances in temporary revenue and expense accounts. Remember to consider the entry for shrinkage 3 Answer is complete but not entirely correct. No Date General Journal Debit Credit July 31 Sales 160.200 Income summary 160.200 July 31 165,700 Income summary Sales discounts Sales retums and allowances Cost of goods sold Depreciation expense Salaries expense Miscellaneous expenses 4,700 6,500 06.900 0,300 2,500 < Prev 9 of 14 Next > Suppose that you have the option to lease a new car, which you otherwise intend to purchase for $21,000. The lease terms: $3000 down and payments of $300 per month for 48 months, at the beginning of each month. Upon termination, you can purchase the car for an addition payment of $7000 at lease expiration. If your financing rate is 9.5%APR, and you discount the lease-purchase option using that same rate, how much will pay to buy car (in present-value terms) using the lease-purchase option? Suppose you are presented with a 5-year project that requiresequipment that costs USD 100,000. If undertaken, the shareholderswill contribute USD 25,000 cash and borrow the rest at 6% with anintere the accountant finds from the copy of the loan record and from the company's checking account that the Bank has calculated the interest on 31/12 in the amount of 4,000 euros and has withdrawn the installment of the loan in the amount of 8,000 euros. 2. An additional 20,000 euros from customers are bad debts, the company's policy for the closing year is to cover them with provisions by 100%, and it also amortizes bad customers amounting to 10,000 euros. write the journal entries Find a point on the y-axis that is equidistant from thepoints (2, 2) and (4, 3). In a few words, please describe the difference between Reverse Logistics and Circular Economy 2. Please list the possible process that may be included in a Circular Economy system: 3. Please list and describe some of the reasons of Product Return: 4. Please list the three (3) principles of Circular Economy There are existing theories and models to explain why and how companies internationalize. Internationalization theories are explaining different internationalization processes, which are taking place when companies expand, across national borders. Discuss these theories and give example on each Theory. Does the Gatorade strategy consider trends in the external environment? Conveyor Belt ProjectPart 4 Based on the file created at the end of Part 3, prepare a memo that addresses the following questions: 1. How much will the project cost? 2. What does the cash flow statement tell you about how costs are distributed over the life span of the project? Include a monthly cash flow and a cost table for the project. Once you are confident that you have the final schedule, save the file as a baseline. Hint: Save a backup file just in case without baseline! Project L requires an initial outlay at t = 0 of $55,000, its expected cash inflows are $10,000 per year for 9 years, and its WACC is 12%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places.