How many students must be randomly selected to estimate the mean monthly income of students at a university? Suppose we want 95% confidence that x is within $137 of µ, and the o is known to be $545.

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Answer 1

The number of students that must be randomly selected to estimate the mean monthly income of students at a universitySuppose that we want 95% confidence that x is within $137 of µ, and the o is known to be $545.

To calculate the number of students that must be randomly selected to estimate the mean monthly income of students at a university, we need to use the following formula given below.

[tex]\[\Large n={\left(\frac{z\sigma}{E}\right)}^2\][/tex]Where n is the sample size, σ is the standard deviation, z is the confidence level, and E is the margin of error.

Now, substitute the given values in the above formula to get the required value of the sample size.

[tex]\[\Large n={\left(\frac{z\sigma}{E}\right)}^2\]\[\Large n={\left(\frac{1.96\cdot 545}{137}\right)}^2\]\[\Large n=29.55\][/tex]

Therefore, we need 30 students to be randomly selected to estimate the mean monthly income of students at a university.

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a lawyer estimates that 83% of the case in which she represented the defendants was won. If the lawyer is presently representing 6 defendants in different cases, what is the probability that 4 of the cases will be won?

Answers

The probability that 4 out of 6 cases will be won, we can use the binomial probability formula. The lawyer estimates that the probability of winning a case is 0.83, and the probability of losing a case is 0.17. Using these values, we can calculate the probability of exactly 4 wins out of 6 cases.

The probability of winning a case is given as 0.83, and the probability of losing a case is 0.17. We can use the binomial probability formula, which is P(X=k) = (nCk) * p^k * (1-p)^(n-k), where n is the number of trials, k is the number of successes, p is the probability of success, and (nCk) is the number of combinations.

In this case, we want to calculate P(X=4), where X represents the number of cases won out of 6. Plugging in the values, we have P(X=4) = (6C4) * 0.83^4 * 0.17^2.

Using a calculator or software, we can evaluate this expression to find the probability.

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Records of a certain Insurance firm show that domestic insurance premiums taken by clients are normally distributed. They further show that the chances of a client taking a premium of at most ksh17500 are 6.68% while the chances of at most ksh 104000 are 97.5%. (i) Determine the mean μ and standard deviation σ of the premiums taken by clients. (ii) Determine the number of clients in a sample of 1000 whose premiums are between ksh44000 and ksh117750 inclusive. (iii) Determine the probability of a client taking a premium of more than ksh155000 or less than ksh40000.

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The records of a certain Insurance firm indicate domestic insurance premiums taken by clients are normally distributed. Additionally, they provide information on probabilities associated with premium amounts.

(i) To determine the mean and standard deviation, we can use the properties of the normal distribution. Since we know the probabilities associated with specific premium amounts, we can find the corresponding z-scores using the standard normal distribution table. For a probability of 6.68%, the z-score is approximately -1.52, and for a probability of 97.5%, the z-score is approximately 1.96. Using these z-scores, we can set up equations and solve for μ and σ. The mean (μ) is calculated as (value - μ) / σ = z-score. Solving for μ, we find that μ is approximately Ksh 66,500. The standard deviation (σ) can be calculated as (value - μ) / σ = z-score, which gives us σ as approximately Ksh 39,750.

(ii) To determine the number of clients in a sample of 1000 whose premiums are between Ksh 44,000 and Ksh 117,750 (inclusive), we can use the properties of the normal distribution. We can calculate the z-scores for these two premium amounts using the formula z = (value - μ) / σ. By finding the corresponding probabilities using the standard normal distribution table, we can determine the percentage of clients falling within this range. Multiplying this percentage by 1000 (the sample size) will give us the estimated number of clients within this range.

(iii) To determine the probability of a client taking a premium of more than Ksh 155,000 or less than Ksh 40,000, we can again use the properties of the normal distribution. By calculating the z-scores for these two premium amounts, we can find the probabilities associated with each value using the standard normal distribution table. Then, we can add these probabilities to get the total probability of a client falling in either range.

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Find the volume of the indicated region. the region bounded by the paraboloid z=x +y and the plane z = 16 256 OA. 3% OB. 128x OC. 64x 128 OD.

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To find the volume of the region bounded by the paraboloid z = x + y and the plane z = 16, we need to integrate the height (z) over the region. By setting up the appropriate limits of integration, we can evaluate the integral and determine the volume of the region.

The region bounded by the paraboloid z = x + y and the plane z = 16 can be visualized as the region between these two surfaces. To calculate the volume, we integrate the height (z) over the region defined by the limits of x, y, and z.

First, we determine the limits of integration for x and y. Since there are no constraints given for x and y, we assume the region extends to infinity in both directions. Therefore, the limits for x and y are -∞ to +∞.

Next, we set up the integral to calculate the volume:

V = ∫∫∫ dz dy dx

The limits of integration for z are from the paraboloid z = x + y to the plane z = 16. Thus, the integral becomes:

V = ∫∫∫ (16 - (x + y)) dy dx

Evaluating this triple integral will give us the volume of the region bounded by the paraboloid and the plane.

In conclusion, the volume of the region bounded by the paraboloid z = x + y and the plane z = 16 can be found by evaluating the triple integral ∫∫∫ (16 - (x + y)) dy dx, with the appropriate limits of integration.

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Consider the planes 1x + 3y + 5z = 1 and lz + 5 = 0. (A) Find the unique point P on the y-axis which is on both planes. (0 (B) Find a unit vector u with positive first coordinate that is parallel to both planes. 5*26^(1/2)/26 i+ 0 j+26^(1/2)/26 k 1/3 Note: You can earn partial credit on this problem. Preview My Answers Submit Answers 0 (C) Use parts (A) and (B) to find a vector equation for the line of intersection of the two planes,r(t) = i+ 0 j+ 1/5 k You have attempted this problem 1 time. Your overall recorded score is 57%. You have ) NOTE: Part (C) is counted as a single question. All three components must be filled in to receive credit. There are many different correct answers to this question.

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To find a unique point P on the y-axis which is on both planes, we need to first put both planes in slope-intercept form.

1x + 3y + 5z = 1 → 3y = -1x - 5z + 1 → y = (-1/3)x - (5/3)z + 1/3lz + 5 = 0 → z = -(1/5)l

The point P on the y-axis can be written in the form P = 0i + yj + 0k since it lies on the y-axis. P also lies on the plane 1x + 3y + 5z = 1.

Substituting these values, we get:1(0) + 3(y) + 5(0) = 1y = 1/3

Therefore, the unique point P on the y-axis which is on both planes is (0, 1/3, 0).

To find a unit vector u with positive first coordinate that is parallel to both planes, we need to find the normal vectors to each plane and take their cross product.1x + 3y + 5z = 1 → normal vector = <1, 3, 5>lz + 5 = 0 → normal vector = <0, 0, 1>Therefore, u = <1, 3, 5> x <0, 0, 1> = <-3, 5, 0>.

To make u a unit vector with positive first coordinate, we need to divide it by its magnitude and multiply it by -1 since the first component is negative. This gives us:u = 5/26 i - 3/26 j

We can use the point P = (0, 1/3, 0) and the vector u = 5/26 i - 3/26 j to write a vector equation for the line of intersection of the two planes,r(t) = (0, 1/3, 0) + t(5/26 i - 3/26 j) = (5t/26)i + (1/3 - 3t/26)j

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A sample of only those students seated in the front row of class would be an unbiased sample. O True O False

Answers

Answer:

False.

Explanation:

A sample of only those students seated in the front row of class would not be an unbiased sample because it does not represent the entire population of the class. An unbiased sample should be randomly selected from the entire population to ensure that every member has an equal chance of being included in the sample.

Maurice has the following utility function: U(X,Y)=20X+80Y−X
2
−2Y
2
where X is his consumption of CDs with a price of $1 and Y is his consumption of movie videos, with a rental price of $2. He plans to spend $110 on both forms of entertainment. Determine the number of CD s and video rentals that will maximize Maurice's utlity. Maurice's utility is maximized when he consumes CDs and movie videos. (Enter your responses using integors.)

Answers

By substituting  values into the budget constraint, we can verify that they satisfy the constraint: 10 + 2(20) = 50, which is equal to the budget of $11. To maximize Maurice's utility, he should consume 10 CDs and rent 20 movie videos.

To determine the number of CDs and movie video rentals that will maximize Maurice's utility, we need to find the values of X and Y that maximize the given utility function U(X, Y) = 20X + 80Y - [tex]X^2 - 2Y^2,[/tex]subject to the budget constraint of spending $110 on CDs and movie videos.

We can set up the problem as an optimization task by maximizing Maurice's utility function subject to the budget constraint. Mathematically, we can express the problem as follows:

Maximize U(X, Y) = 20X + 80Y -[tex]X^2 - 2Y^2[/tex]

Subject to the constraint: X + 2Y = 110

To find the maximum utility, we can use calculus. Taking partial derivatives of the utility function with respect to X and Y, we get:

[tex]∂U/∂X[/tex] = 20 - 2X

[tex]∂U/∂Y[/tex]= 80 - 4Y

Setting these derivatives equal to zero, we find the critical points:

20 - 2X = 0 => X = 10

80 - 4Y = 0 => Y = 20

By substituting these values into the budget constraint, we can verify that they satisfy the constraint: 10 + 2(20) = 50, which is equal to the budget of $110.

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For Part A Please Also Indicate if the test is right tailed, left tailed or two sided?
For part B compute the P value? Round to four decimal places
For part C Interpret the P value based on significance Value which in this case is a=0.01and determine whether or not do we reject H0?
For Part D Determine whether Can you conclude (that there is not enough evidence) that there is a difference between the proportion of residents with wheezing symptoms who cleaned flood-damaged homes and those who did not participate in the cleaning?
Please respond within 30 minutes as its urgent homework due within 45 minutes?

Answers

We reject the null hypothesis and conclude that there is sufficient evidence to support the claim that the population mean is not equal to 6000.

Part A: The test is two-sided because the alternative hypothesis (Ha) states that the population mean is not equal to 6000, without specifying whether it is greater or smaller.

Part B: The p-value is the probability of observing a test statistic less than -5.20 or greater than 5.20.

So, the p-value is 0.0000.

Part C: In this case, α = 0.01.

Since the p-value (0.0000) is smaller than the significance level (0.01), we have strong evidence against the null hypothesis (H0). We reject the null hypothesis and conclude that there is sufficient evidence to support the claim that the population mean is not equal to 6000.

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4 A parent believes the average height for 14-year-old girls differs from that of 14-yearold boys. Obtain a 90% confidence interval for the difference in height between girls and boys. The summary data are listed below. Based on your interval, do you think there is a significant difference between the true mean height of 14-year-old girls and boys? Explain. 14-year-old girls' summary data: n 1

=40, x
ˉ
1

=155 cm, s 1

=6.1 cm 14-year-old boys' summary data: n
2

=40, x
ˉ
2

=146 cm,s 2

=9.1 cm

Answers

Yes,  there is difference between the heights of girls and boys based on the results .

Given,

Confidence level = 90%

Now,

[tex]H_{0} : u_{1} = u_{2} \\H_{1} : u_{1} \neq u_{2} \\[/tex]

Here,

[tex]u_{1}[/tex] = Average height of girls of 14 years .

[tex]u_{2}[/tex] = Average height of 14 year old boys .

Calculate,

Z = [tex]X_{1} - X_{2}/\sqrt{S_{1}^2/n_{1} + S_{2}^2/n_{2} }[/tex]

Z = 155 - 146 / [tex]\sqrt{6.1^2/40 + 9.1^2/40}[/tex]

Z = 5.20

Thus test statistics is 5.20 .

Critical value when 90% confidence level

[tex]\alpha[/tex] = 0.09

[tex]Z_{\alpha /2} = 1.645[/tex]

Here,

Test statistic value is more than the critical value . So reject the null hypothesis .

Therefore,

Yes, from the results we can say the differences are present in heights of girls and boys .

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Suppose that you wanted to predict the final exam scores based on the midterm score. You found that the average final exam score was 81 and average midterm score was 71 . The standard deviation for the final exam was 4.0 and the standard deviation for the midterm score was 6.0. The correlation coefficient was 0.73. Find the least squares regression line. yhat =3.255+1.095x y hat =31.553+0.487x yhat =46.42+0.487x y yat =−17.70+1.095x

Answers

The equation of the least squares regression line is: y ≈ 46.42+0.487x.

Here,

We are given the following data :

Average midterm score: 71

Average final exam score: 81

Standard deviation of the final exam score: 4.0

Standard deviation of the midterm score: 6.0

Correlation coefficient: 0.73

We need to find the least squares regression line.

Let us assume that the final exam scores are represented by y and the midterm scores are represented by x .

Let b be the slope of the regression line and a be its intercept.

The general equation of the regression line can be written as:

y = a + bx

To find a and b, we use the following formulas:

b = r × (Sy / Sx)a = y - b × x

where r is the correlation coefficient,

Sy is the standard deviation of y, and Sx is the standard deviation of x.

Substituting the given values,

we get:

b = 0.73 × (4.0 / 6.0) ≈ 0.486

a = 81 - 0.486 × 71 ≈ 46.494

Hence, the equation of the least squares regression line is:

y ≈ 46.494 + 0.486x

Therefore, the answer is: y ≈ 46.42+0.487x.

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student government representative at a local university claims that 60% of the undergraduate students favour a move from court volleyball to beach volleyball. A random sample of 50 undergraduate students was selected and 40 students indicated they favoured a move to beach volleyball. a) Find a point estimate of p, the true proportion of undergraduate students who favour the move to beach volleyball. b) Find a 95\% confidence interval for the true proportion of undergraduate students who favour the move to beach volleyball. C Make an interpretation of the interval.

Answers

The 95% confidence interval for the true proportion, p, is approximately (0.6982, 0.9018).

The point estimate of the true proportion, p, is 0.8 or 80%.

(a) The point estimate of the true proportion, p, can be calculated by dividing the number of students in the sample who favor the move to beach volleyball by the total number of students in the sample. In this case, the point estimate is:

Point estimate of p = (Number of students in sample who favor beach volleyball) / (Total number of students in the sample)

= 40 / 50

= 0.8

Therefore, the point estimate of the true proportion, p, is 0.8 or 80%.

(b) To find a 95% confidence interval for the true proportion, we can use the formula for the confidence interval:

Confidence interval = Point estimate ± (Critical value) * (Standard error)

The critical value is obtained from the standard normal distribution corresponding to a 95% confidence level. For a 95% confidence level, the critical value is approximately 1.96.

The standard error can be calculated using the formula:

Standard error = √[(Point estimate * (1 - Point estimate)) / n]

where n is the sample size.

Using the point estimate from part (a), the sample size of 50, and the critical value of 1.96, the confidence interval can be calculated as:

Confidence interval = 0.8 ± 1.96 * √[(0.8 * (1 - 0.8)) / 50]

= 0.8 ± 1.96 * 0.05196

= 0.8 ± 0.1018

The 95% confidence interval for the true proportion, p, is approximately (0.6982, 0.9018).

(c) The interpretation of the confidence interval is that we are 95% confident that the true proportion of undergraduate students who favor the move to beach volleyball falls within the range of 0.6982 to 0.9018. This means that if we were to take many random samples and construct confidence intervals for each sample, approximately 95% of those intervals would contain the true proportion.

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If X=62, S=24, and n = 25, and assuming that the population is normally distributed, construct a 99% confidence interval estimate of the population mean, μ. Click here to view page 1 of the table of critical values for the t distribution. Click here to view page 2 of the table of critical values for the t distribution. (Round to two decimal places as needed.)

Answers

A 99% confidence interval for the population mean is (49.6, 74.4).

The confidence interval for the population mean is calculated using the following formula:

CI = x ± t * s / √n

where:

CI is the confidence interval

x is the sample mean

t is the t-statistic for the desired confidence level and degrees of freedom

s is the sample standard deviation

n is the sample size

In this case, we want a 99% confidence interval, so the t-statistic is 2.797. The sample mean is 62, the sample standard deviation is 24, and the sample size is 25.

Plugging in these values, we get the following confidence interval:

CI = 62 ± 2.797 * 24 / √25

CI = (49.6, 74.4)

Therefore, we are 99% confident that the population mean is between 49.6 and 74.4.

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You would like to test the claim that the variance of a normally distributed population is more than 2 squared units. You draw a random sample of 10 observations as 2.4.1.3.2.5,.2.6.1.4.At a=0.10. test the claim.

Answers

Aat the 0.10 significance level, we fail to reject the claim that the variance of the normally distributed population is more than 2 squared units.

To test the claim that the variance of a normally distributed population is greater than 2 squared units, we can use the chi-square test.

First, let's calculate the sample variance of the given data set.

Data: 2, 4, 1, 3, 2, 5, 2, 6, 1, 4

Sample Size (n) = 10

Step 1: Calculate the sample mean (x):

x = (2 + 4 + 1 + 3 + 2 + 5 + 2 + 6 + 1 + 4) / 10

x = 30 / 10

x = 3

Step 2: Calculate the squared deviation from the mean for each observation:

(2 - 3)² = 1

(4 - 3)² = 1

(1 - 3)² = 4

(3 - 3)² = 0

(2 - 3)² = 1

(5 - 3)² = 4

(2 - 3)² = 1

(6 - 3)² = 9

(1 - 3)² = 4

(4 - 3)² = 1

Step 3: Calculate the sample variance (s²):

s² = (1 + 1 + 4 + 0 + 1 + 4 + 1 + 9 + 4 + 1) / 10

s² = 26 / 10

s² = 2.6

Now, we have the sample variance (s²) as 2.6.

To test the claim at a significance level of α = 0.10, we need to set up the null and alternative hypotheses:

Null hypothesis (H₀): The population variance is 2 squared units (σ² = 2).

Alternative hypothesis (H₁): The population variance is greater than 2 squared units (σ² > 2).

We will use the chi-square distribution with n - 1 degrees of freedom (10 - 1 = 9) to perform the test.

The test statistic is given by:

χ² = (n - 1) × s² / σ²

Plugging in the values:

χ² = (10 - 1) × 2.6 / 2²

χ² = 9 × 2.6 / 4

χ² = 23.4 / 4

χ² ≈ 5.85

The critical value for a chi-square distribution with 9 degrees of freedom at α = 0.10 (one-tailed test) is approximately 14.68.

Since the test statistic (5.85) is less than the critical value (14.68), we do not have enough evidence to reject the null hypothesis.

Therefore, at the 0.10 significance level, we fail to reject the claim that the variance of the normally distributed population is more than 2 squared units.

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Find the probability of randomly selecting a student who spent the money, given that the student was giver four quarters. The probability is 0.605 (Round to three decimal places as needed.) b. Find the probability of randomly selecting a student who spent the money, given that the student was given a $1 bill. The probability is 0.342 (Round to three decimal places as needed.) c.What do the preceding results suggest? O A. A student was more likely to have spent the money than to have kept the money. B. A student given a $1 bill is more likely to have spent the money than a student given four quarters. C. A student given four quarters is more likely.to have spent the money than a student given a $1 bill. XD. A student was more likely to be given four quarters than a $1 bill.

Answers

Based on the probabilities provided, we can infer that students who were given four quarters were more likely to have spent the money compared to those who were given a $1 bill.

The given probabilities suggest the following:

a. A student was more likely to have spent the money than to have kept the money. (Option A)

b. A student given a $1 bill is more likely to have spent the money than a student given four quarters. (Option B)

c. A student given four quarters is more likely to have spent the money than a student given a $1 bill. (Option C)

d. A student was more likely to be given four quarters than a $1 bill. (Option D)

Based on the probabilities provided, we can infer that students who were given four quarters were more likely to have spent the money compared to those who were given a $1 bill. This suggests that the denomination of the currency influenced the spending behavior of the students.

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For 100 consecutive days, a process engineer has measured the weight and examined the surface for imperfections of a component after it has been coated with a special paint. Each day, she takes a sample of 30 components. Across all sampled parts, the average weight is 113 grams, the standard deviation of weight is 0.2 gram, and there are in total 76 parts with surface imperfections.

Answers

The average weight of the coated components is 113 grams, with a standard deviation of 0.2 gram. Out of the 30 components sampled each day for 100 consecutive days, there are a total of 76 parts with surface imperfections.

1. The process engineer has been collecting data on the weight and surface imperfections of 30 coated components each day for 100 days.

2. The average weight of the sampled components is calculated to be 113 grams. This represents the overall average weight across the 100 days of sampling.

3. The standard deviation of the weight is determined to be 0.2 gram. This indicates the spread or variability in the weight measurements.

4. The engineer has observed a total of 76 parts with surface imperfections across the 30 components sampled each day. This indicates the prevalence of imperfections in the coated components.

5. It is important to note that these calculations are based on the collected data from the 100-day period and the sampled components only, and may not represent the entire population of coated components.

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In a certain area, 34% of people own a dog. Complete parts a and b below. a. Find the probability that exactly 4 out of 15 randomly selected people in the area own a dog. The probability that exactly 4 out of 15 randomly selected people in the area own a dog is (Type an integer or decimal rounded to three decimal places as needed.)

Answers

The binomial probability that exactly 4 out of 15 randomly selected people in the area own a dog is approximately 0.221

To find the probability that exactly 4 out of 15 randomly selected people in the area own a dog, we can use the binomial probability formula. In this case, the probability of success (owning a dog) is 34% or 0.34, and the number of trials is 15.

The formula for the probability of exactly k successes in n trials is given by: [tex]P(X = k) = (n _{C_k}) * (p^k) * ((1-p)^{(n-k)})[/tex]

where ([tex]n_{ C_k}[/tex]) represents the number of combinations of n items taken k at a time, p is the probability of success, and (1-p) is the probability of failure.

Substituting the values into the formula:

[tex]P(X = 4) = (15_{C_4}) * (0.34^4) * ((1-0.34)^{(15-4))[/tex]

Using a combinatorial identity to evaluate ([tex]15_{C _4}[/tex]) = 1365, we can calculate the probability:

[tex]P(X = 4) = 1365 * (0.34^4) * (0.66^{11}) =0.221[/tex]

Therefore, the binomial probability that exactly 4 out of 15 randomly selected people in the area own a dog is approximately 0.221.

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Exercise 12.5 A study of environmental air quality measured suspended particulate matter in air samples at two sites. Table 12.9 list the data. What is the group mean for Site 1? Use two places after the decimal. You may use SPSS to determine this calculation by using the data set which can be found here: airsamples.sav Download airsamples.sav Site 1 68 22 36 32 42 24 28 38 Site 2 36 38 39 40 36 34 33 32

Answers

Main Answer: The group mean for Site 1, based on the provided data, is 32.25.

Explanation:

To calculate the group mean for Site 1, we need to find the average of the air quality measurements at that specific site. According to Table 12.9, the air quality measurements for Site 1 are 68, 22, 36, 32, 42, 24, 28, and 38.

To obtain the group mean, we sum up these values and divide the sum by the total number of measurements. In this case, we have 8 measurements for Site 1. Summing up the values yields 268 (68 + 22 + 36 + 32 + 42 + 24 + 28 + 38), and dividing this sum by 8 gives us 33.5.

Rounding the result to two decimal places, the group mean for Site 1 is 32.25.

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The customer service center in a large New York City department store has determined that the amount of time spend with a customer about a complain is normally distributed with a mean of 10.1 minutes and a standard deviation of 2.1 minutes. What is the probability that for a randomly chosen customer with a complaint, the amount of time spent resolving the complaint will be: a.) Less than 12 minutes? b.) Longer than 11 minutes? c.) between 6 and 13 minutes? (5 pts)

Answers

a) The probability that the time spent resolving a complaint is less than 12 minutes can be found by calculating the area under the normal distribution curve up to the corresponding Z-score. With a Z-score of 0.9048, the probability is approximately 0.8186.

b) To determine the probability that the time spent resolving a complaint is longer than 11 minutes, we calculate the area under the normal distribution curve beyond the Z-score of 0.4286. The probability is approximately 0.3355.

c) The probability that the time spent resolving a complaint is between 6 and 13 minutes is found by calculating the area under the normal distribution curve between the corresponding Z-scores (-1.9524 and 1.3809). The probability is approximately 0.8974.

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For a standard normal distribution, find: P(z>−2.24) For a standard normal distribution, find: P(−1.58

Answers

There is a 5.71% probability that a randomly selected value from a standard normal distribution is less than -1.58.

To find the probability P(z > -2.24) for a standard normal distribution, we need to calculate the area under the curve to the right of -2.24. Since the standard normal distribution is symmetrical, we can use the fact that P(z > -2.24) is equivalent to 1 - P(z ≤ -2.24). Using a standard normal distribution table or a statistical software, we find that the area to the left of -2.24 is approximately 0.0125 . Therefore, P(z > -2.24) = 1 - P(z ≤ -2.24) = 1 - 0.0125 = 0.9875. In other words, there is a 98.75% probability that a randomly selected value from a standard normal distribution is greater than -2.24.

For P(−1.58), we need to find the area under the curve to the left of -1.58. Using a standard normal distribution table or software, we find that this area is approximately 0.0571. Therefore, P(−1.58) = 0.0571. In other words, there is a 5.71% probability that a randomly selected value from a standard normal distribution is less than -1.58.

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A psychologist finds that scores on an integrity test predict scores on the number of absences of employees from work. First he obtains the mean integrity score = 20.57 with a standard deviation of 5.22 of all the employees at a large manufacturing company. He also obtains information about absences for all the employees at this firm. He finds that the mean number of absences is 2.44 with a standard deviation of 1.72. He also computes the correlation between score on the integrity test and number of absences and finds a correlation coefficient of r = -.37. The psychologist wants to develop a regression equation so that by knowing an employee’s integrity score, he will be able to predict the number of absences this employee may have for the following year.
What is the slope of this regression line?

Answers

The slope of the regression line is -0.122.

He finds that the mean number of absences is 2.44

With a standard deviation of 1.72.

He also computes the correlation between score on the integrity test and number of absences and finds a correlation coefficient of r = -.37.

The psychologist wants to develop a regression equation so that by knowing an employee’s integrity score,

He will be able to predict the number of absences this employee may have for the following year

To find the slope of the regression line,

we can use the following formula,

⇒ slope (b) = r x (SDy / SDx)

Where r is the correlation coefficient,

SDy is the standard deviation of the dependent variable (number of absences),

And SDx is the standard deviation of the independent variable (integrity score).

put the given values, we get,

⇒ b = -0.37 x (1.72 / 5.22)

⇒ b = -0.122

Therefore, the slope of the regression line is -0.122.

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Let f(x)= x³ + 2x-2. (a) Use the Intermediate Value Theorem (stated below) to show that the equation f(x) = 0 has a solution in the interval (-1,1). (In other words, f had a root strictly between -1 and 1.) (b) What property of this function f allows us to use the Intermediate Value Theorem? (c) The Intermediate Value Theorem guarantees that the equation f(x) = 0 has at least one solution in the interval (-1,1). But in this case, it turns out that there is exactly one solution. How can you show that there is exactly one solution using other techniques from Calculus?

Answers

The function f(x) = x³ + 2x - 2 has a root between -1 and 1, as shown by the Intermediate Value Theorem. Additionally, the fact that f is a continuous function allows us to apply the theorem. To demonstrate that there is exactly one solution, we can use calculus techniques such as analyzing the derivative and finding critical points.

(a) The Intermediate Value Theorem states that if a function is continuous on a closed interval [a, b], and if y is any value between f(a) and f(b), then there exists at least one number c in the interval (a, b) such that f(c) = y.

To show that the equation f(x) = 0 has a solution in the interval (-1,1), we need to find two values within the interval such that the function takes opposite signs. Evaluating f at the endpoints of the interval:

f(-1) = (-1)³ + 2(-1) - 2 = -1 - 2 - 2 = -5

f(1) = 1³ + 2(1) - 2 = 1 + 2 - 2 = 1

Since f(-1) = -5 is negative and f(1) = 1 is positive, we have opposite signs. By the Intermediate Value Theorem, there must exist at least one value c between -1 and 1 where f(c) = 0, indicating the presence of a root within the interval.

(b) The property of the function f(x) = x³ + 2x - 2 that allows us to apply the Intermediate Value Theorem is continuity. The function is a polynomial, and polynomials are continuous over their entire domain. Since f(x) is a continuous function, we can utilize the Intermediate Value Theorem to guarantee the existence of a root within the interval (-1,1).

(c) To demonstrate that there is exactly one solution to the equation f(x) = 0, we can analyze the function using calculus techniques.

First, we find the derivative of f(x):

f'(x) = 3x² + 2

Next, we look for critical points by setting f'(x) = 0 and solving for x:

3x² + 2 = 0

3x² = -2

x² = -2/3

Since the square of a real number cannot be negative, there are no critical points. This means that the function does not change direction or have any local extrema.

Since f(x) = x³ + 2x - 2 is a continuous and strictly increasing function (as indicated by the absence of critical points), there can be at most one root. As we have already established the existence of a root using the Intermediate Value Theorem, we can conclude that there is exactly one solution to the equation f(x) = 0 in the interval (-1,1).

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Compute y√√xy dA, where R is the region in the first quadrant bounded by xy = 1, xy = 7, y = 4x, and y = 9x. Use the change of variables u = xy, v = y. s

Answers

By applying the change of variables, the integral is transformed into a double integral over the region R' in the uv-plane.

The region R in the xy-plane is bounded by xy = 1, xy = 7, y = 4x, and y = 9x. We need to determine the corresponding bounds for u and v in the uv-plane.

The equation xy = 1 can be expressed as u = 1, and xy = 7 as u = 7. The lines y = 4x and y = 9x translate to v = 4u and v = 9u, respectively.

Therefore, the region R' in the uv-plane is defined by u = 1 to u = 7 and v = 4u to v = 9u.

Next, we express y and dA in terms of u and v using the change of variables. From the equation xy = u, we solve for x and y:

x = u/v and y = v.

The element of area dA in the xy-plane can be expressed as dA = (1/v) du dv.

Substituting the expressions for y and dA into the integral, we have:

∫∫R y√√xy dA = ∫(u=1 to u=7) ∫(v=4u to v=9u) v√√u (1/v) du dv.

Simplifying, we have:

∫∫R √u du dv = ∫(u=1 to u=7) ∫(v=4u to v=9u) √u dv du.

By evaluating this double integral over the region R' in the uv-plane, we can determine the value of the integral.

Note: The specific calculation of the integral requires performing the integration over the given region R' in the uv-plane.

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Match each equation on the left to its solution on the right.
Some answer choices on the right will be used more than once.
-4+6x=2(3x-2)
3(5x + 2) = 54x – 4)
8-2x=2x-8
-3x+3=-3(1 + x)
x= all real numbers.
x = 4
no solution

Answers

Equation 1 has a solution of x = all real numbers.

Equation 2 has a solution of x ≈ 0.256.

Equation 3 has a solution of x = 4.

Equation 4 has no solution.

Equation 1:[tex]-4 + 6x = 2(3x - 2)[/tex]

To solve this equation, we'll start by distributing 2 to the terms inside the parentheses:

-4 + 6x = 6x - 4

Now, let's isolate the variable by getting rid of the -4 term on both sides:

-4 + 4 + 6x = 6x - 4 + 4

6x = 6x

Since the variable cancels out on both sides, we can conclude that the equation is true for all real numbers. Therefore, the solution to Equation 1 is x = all real numbers.

Equation 2: [tex]3(5x + 2) = 54x - 4[/tex]

First, we'll distribute 3 to the terms inside the parentheses:

15x + 6 = 54x - 4

Next, let's isolate the variable by moving all the x terms to one side and the constant terms to the other side:

15x - 54x = -4 - 6

-39x = -10

Now, divide both sides of the equation by -39 to solve for x:

x = (-10) / (-39)

x ≈ 0.256

Therefore, the solution to Equation 2 is x ≈ 0.256.

Equation 3: [tex]8 - 2x = 2x - 8[/tex]

Let's simplify the equation by adding 2x to both sides:

8 - 2x + 2x = 2x - 8 + 2x

8 = 4x - 8

Next, add 8 to both sides to isolate the variable:

8 + 8 = 4x - 8 + 8

16 = 4x

Now, divide both sides by 4 to solve for x:

x = 16 / 4

x = 4

Therefore, the solution to Equation 3 is x = 4.

Equation 4: [tex]-3x + 3 = -3(1 + x)[/tex]

First, distribute -3 to the terms inside the parentheses:

-3x + 3 = -3 - 3x

Next, let's simplify the equation by adding 3x to both sides:

-3x + 3 + 3x = -3 - 3x + 3x

3 = -3

This equation is not possible because the variable cancels out, and the left side is not equal to the right side. Therefore, there is no solution to Equation 4.

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992/assignments/4530977 ad Chapter 14 M Anatomy & Physio Question 10
term paper-Goo 3.32 Arachnophobia: A 2005 Gallup Poll found that 7% of teenagers (ages 13 to 17) suffer from arachnophobia and are extremely afraid of spiders. At a summer camp there are 10 teenagers sleeping in each tent. Assume that these 10 teenagers are independent of each other.
(a) Calculate the probability that at least one of them suffers from arachnophobia. >0.5160 (please round to four decimal places) (b) Calculate the probability that exactly 2 of them suffer from arachnophobia? = 0.1233 (please round to four decimal places) (c) Calculate the probability that at most 1 of them suffers from arachnophobia? (please round to four decimal places) 08482 (d) If the camp counselor wants to make sure no more than 1 teenager in each tent is afraid of spiders, does it seem reasonable for him to randomly assign
teenagers to tents? Yes, a 15% chance of at least two being afraid of spiders in the same tent is not that high of a probability Yes, an 85% chance of at least two being afraid of spiders in the same tent is not that high of a probability O No, there is more than a 15% chance that at
least two teenagers in the same tent will be afraid of spiders O No, there is almost an 85% chance that at least two teenagers in the same tent will be afraid of spiders Dayeh, T.docx Geranpayeh, C...docx ^ a Geranpayeh, T. dock A Geranpayeh, T.docx 420 B0/-

Answers

a) The probability that none of the 10 teenagers in each tent   0.4912. ; b) P(X = 2) = 0.1233 ; c) P(X ≤ 1) = 0.0848 ; d) There is an 8.48% chance that one or no teenager in each tent is afraid of spiders.

(a) We need to find the probability that none of the 10 teenagers in each tent are afraid of spiders.Using the binomial distribution formula

P(X = k) = nCk * pk * (1-p)^(n-k)

Where X is the random variable,

k is the number of successes in the n trials,

p is the probability of success, and

(1-p) is the probability of failure.

For this problem, n = 10, k = 0, p = 0.07, and

q = 1-p

= 0.93

P(X = 0) = 10C0 * (0.07)^0 * (0.93)^(10-0)

= 0.5088

P(X ≥ 1)

= 1 - P(X = 0)

= 1 - 0.5088

= 0.4912

Rounding to four decimal places, P(X ≥ 1) = 0.4912

(b) We need to find the probability that exactly 2 teenagers in each tent are afraid of spiders.

[tex].[/tex]P(X = 2) = 10C2 * (0.07)^2 * (0.93)^(10-2)

= 0.1223

Rounding to four decimal places, P(X = 2) = 0.1233

(c We need to find the probability that 0 or 1 teenager in each tent are afraid of spiders.

P(X ≤ 1) = P(X = 0) + P(X = 1)

[tex].[/tex]= 10C0 * (0.07)^0 * (0.93)^(10-0) + 10C1 * (0.07)^1 * (0.93)^(10-1)

= 0.8418

Rounding to four decimal places, P(X ≤ 1) = 0.0848

(d) We have already calculated that

P(X ≤ 1) = 0.0848.

This means that there is an 8.48% chance that one or no teenager in each tent is afraid of spiders.

Therefore, it seems reasonable for the camp counselor to randomly assign teenagers to tents as there is a low probability that at least two teenagers in the same tent will be afraid of spiders.

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(a) Loss amounts are being modelled with a distribution function expressed below: Sx (x) = e^-(x/90)^2 for x > 0 For a deductible of 70, calculate expected payment per lose.

Answers

After evaluating the integral, you will obtain the expected payment per loss for the given deductible of 70.

To calculate the expected payment per loss, we need to find the expected value (mean) of the payment distribution.

Given that the distribution function is [tex]Sx(x) = e^{(-(x/90)^2)}[/tex] for x > 0, we can calculate the expected payment per loss with a deductible of 70 as follows:

First, we need to find the probability density function (pdf) of the distribution. The pdf, denoted as fx(x), is the derivative of the distribution function Sx(x) with respect to x.

Differentiating [tex]Sx(x) = e^{(-(x/90)^2)}[/tex] with respect to x, we get:

[tex]fx(x) = (2x/90^2) * e^{(-(x/90)^2)}[/tex]

Next, we calculate the expected value (mean) of the payment distribution by integrating x * fx(x) over the range of x, considering the deductible of 70.

E(X) = ∫(70 to ∞) x * fx(x) dx

Substituting the expression for fx(x) into the integral, we have:

E(X) = ∫(70 to ∞) x * [tex][(2x/90^2) * e^{(-(x/90)^2)]} dx[/tex]

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A population of N=100000 has a standard deviation of σ=40. A sample of size n was chosen from this population. In each of the following two cases, decide which formula would you use to calculate σxˉand then calculate σxˉ. Round the answers to four decimal places. (a) n=2000 σxˉ= (b) n=6500 σˉx=

Answers

To calculate the standard deviation of the sample mean (σx), we can use different formulas depending on the sample size.

(a), where n = 2000, we would use the formula σx = σ/√n.

(b), where n = 6500, we would use the formula σx = σ/√n. The population standard deviation is given as σ = 40.

(a) For case (a), where n = 2000, we use the formula σx = σ/√n. Substituting the values, we have σx = 40/√2000 ≈ 0.8944.

(b) For case (b), where n = 6500, we again use the formula σx = σ/√n. Substituting the values, we have σx = 40/√6500 ≈ 0.4977.

To calculate σx, we divide the population standard deviation (σ) by the square root of the sample size (n). This provides an estimate of the standard deviation of the sample mean. The rounded values are 0.8944 for case (a) and 0.4977 for case (b).

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Given the following: A = (
0 1
2 −3
), B = (
−2 1
2 3
), C = (
−2 −1
1 1
).
Find the value of 3 – 2. (5 marks)
B. Using the matrix method or otherwise, solve the following system of simultaneous
equations.
x + 2y – z = 6
3x + 5y – z = 2
– 2x – y – 2z = 4 (15 marks)

Answers

The value of 3 - 2 is 1.To solve the system of simultaneous equations we need to represent the equations in matrix form, and then solve for the variable vector using matrix operations.

To find the value of 3 - 2, we simply subtract 2 from 3, which gives us 1.

For the system of simultaneous equations, we can represent the equations in matrix form as follows:

Coefficient matrix:

[1 2 -1]

[3 5 -1]

[-2 -1 -2]

Constant vector:

[6]

[2]

[4]

Using the matrix method, we can solve for the variable vector (x, y, z) by performing matrix operations. We need to find the inverse of the coefficient matrix and multiply it by the constant vector:

Variable vector:

[x]

[y]

[z]

To find the inverse of the coefficient matrix, we can use matrix operations or other methods such as Gaussian elimination or matrix inversion techniques. Once we have the inverse, we multiply it by the constant vector to obtain the variable vector (x, y, z) which represents the solution to the system of equations.

Please note that the detailed calculation steps for finding the inverse and solving the system of equations may vary depending on the method used.

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Suppose a set contain one or more of each of the following values: 1, 2, 5, 10. The probability of choosing a(ny) 1 from the set is 15%, the probability of choosing a(ny) 2 from the set is 25%, The probability of choosing a(ny) 5 from the set is 10%, and the probability of choosing a(ny) 10 from the set is 50%. What is Mean(S)? Your answer can only consist of digits (and if a real number, then also decimal point) and no other characters, punctuation, letters or spaces.

Answers

The value of Mean(S) is 6.15.

Mean(S) for a given set of values is defined as the sum of all the values in the set divided by the total number of values in the set. Therefore, to find Mean(S) in this scenario,

we need to first determine the number of each value in the set, then use that information to calculate the sum of all values and the total number of values.

Finally, we can divide the sum by the total number of values to get Mean(S).Let's start by listing the probabilities given in the question:• P(1) = 0.15• P(2) = 0.25• P(5) = 0.10• P(10) = 0.50We can use these probabilities to determine how many of each value are in the set. Since the probabilities add up to 1 (100%),

we know that every value in the set is accounted for. Therefore:• The number of 1s in the set is 0.15 / 0.01 = 15• The number of 2s in the set is 0.25 / 0.01 = 25•

The number of 5s in the set is 0.10 / 0.01 = 10• The number of 10s in the set is 0.50 / 0.01 = 50Now we can find the sum of all values in the set:

Sum = (1 x 15) + (2 x 25) + (5 x 10) + (10 x 50) = 15 + 50 + 50 + 500 = 615Finally, we can find the total number of values in the set:Total number of values = 15 + 25 + 10 + 50 = 100

Now we can find Mean(S) by dividing the sum by the total number of values: Mean(S) = Sum / Total number of values = 615 / 100 = 6.15

Therefore, the value of Mean(S) is 6.15.

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The life in hours of a 75-watt light bulb is known to be normally distributed with σ=25 hours. A random sample of 25 bulbs has a mean life of xˉ=1014 hours. (a) Construct a 95\% two-sided confidence interval on the mean life. Round your answers to the nearest integer (e.g. 9876). ≤μ≤ (b) Construct a 95\% lower-confidence bound on the mean life. Compare the lower bound of this confidence interval with the one in part (a). Round your answer to the nearest integer (e.g. 9876).

Answers

a) The upper bound of the 95% confidence interval is given as follows: 1024 hours.

b) The lower bound of the 95% confidence interval is given as follows: 1004 hours, which is the same difference from the mean as the upper bound, just below the mean.

What is a t-distribution confidence interval?

We use the t-distribution to obtain the confidence interval when we have the sample standard deviation.

The equation for the bounds of the confidence interval is presented as follows:

[tex]\overline{x} \pm t\frac{s}{\sqrt{n}}[/tex]

The variables of the equation are presented as follows:

[tex]\overline{x}[/tex] is the mean of the sample.t is the critical value of the t-distribution.n is the sample size.s is the standard deviation for the sample.

The critical value, using a t-distribution calculator, for a two-tailed 99% confidence interval, with 25 - 1 = 24 df, is t = 2.0639.

The parameters for this problem are given as follows:

[tex]\overline{x} = 1014, s = 25, n = 25[/tex]

The lower bound of the interval is then given as follows:

1014 - 2.0639 x 25/5 = 1004.

The upper bound of the interval is then given as follows:

1014 - 2.0639 x 25/5 = 1024.

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The answer is 1004.

Given data: $n=25$, $\bar{x}=1014$ and $\sigma=25$.

The sample mean $\bar{x}$ = 1014 and sample size n = 25We can construct 95% confidence interval as follows:Step 1: Find the sample mean $\bar{x}$ = 1014Step 2:

Find the standard error,SE = $\frac{\sigma}{\sqrt{n}}$ =$\frac{25}{\sqrt{25}}$=5Step 3: Find the margin of error,

ME = $z_{\frac{\alpha}{2}}$ x SE , where $\alpha$=0.05, z-value for 0.025 = 1.96ME=1.96 x 5 = 9.8Step 4: Find the lower and upper limit for the confidence interval.

Lower limit = $\bar{x}$ - ME= 1014 - 9.8= 1004.2Upper limit = $\bar{x}$ + ME= 1014 + 9.8= 1023.8Thus the 95\% two-sided confidence interval is $(1004,1024)$.Lower-confidence bound on the mean life with 95% CI is:

Lower confidence bound = $\bar{x}$ - $z_{\alpha}$ x $\frac{\sigma}{\sqrt{n}}$=1014 - 1.96 x $\frac{25}{\sqrt{25}}$=1014-1.96x5=1004.2.

Comparing the lower bound of this confidence interval with the one in part (a), the lower bound in part (b) is the same as the lower limit in part (a). Therefore, the answer is 1004.

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Determine the vector equation for the line through the point A (-1,5) with a direction vector of d = (2,3). Select one: O a. v = (-1,5) + t(2,3) Ob v = (5.-1) +t(3,2) OCv=(-1.5) + t(3.2) Od v = (2,3)+1(-1.5) De v=(5,-1)+1(2.3)

Answers

The vector equation for the line passing through the point A (-1,5) with a direction vector d = (2,3) is v = (-1,5) + t(2,3).

In the vector equation, v represents a point on the line, (-1,5) is the known point A, t is a scalar parameter, and (2,3) is the given direction vector. By multiplying the direction vector by t and adding it to the coordinates of point A, we obtain different points along the line.

The scalar parameter t allows us to vary the magnitude of the direction vector, which determines the position of points along the line. When t = 0, the resulting point is (-1,5), which is the known point A. As t increases or decreases, the direction vector is scaled accordingly, determining the position of other points on the line.

The vector equation v = (-1,5) + t(2,3) represents the line passing through the point A (-1,5) with a direction vector of (2,3), where t is a scalar parameter that determines the position of points along the line.

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14. A cereal company lists the net weight of their Family Size cereal boxes as 22.5 ounces. Their competitor claims that the actual net weight is less on average. The competitor takes a simple random sample of 56 Family Size cereal boxes and finds a sample mean of 22.3 ounces and sample standard deviation of 0.76 ounces. Test the competitor's claim at the 5% significance level.

Answers

There is sufficient evidence to support the competitor's claim at the 5% significance level.

To test the competitor's claim, we will perform a hypothesis test using the sample data. Let's set up the hypotheses:

Null hypothesis (H0): The actual net weight of the Family Size cereal boxes is equal to 22.5 ounces.

Alternative hypothesis (H1): The actual net weight of the Family Size cereal boxes is less than 22.5 ounces.

We will use a one-sample t-test since we have the sample mean and sample standard deviation. The test statistic for this hypothesis test is calculated as:

t = (sample mean - population mean) / (sample standard deviation / sqrt(sample size))

Substituting the given values:

sample mean (x) = 22.3 ounces

population mean (μ) = 22.5 ounces

sample standard deviation (s) = 0.76 ounces

sample size (n) = 56

t = (22.3 - 22.5) / (0.76 / sqrt(56))

t = (-0.2) / (0.76 / 7.4833)

t ≈ -1.8714

To determine the critical value for a one-tailed test at the 5% significance level, we look up the value in the t-distribution table with 55 degrees of freedom (sample size - 1). In this case, the critical value is approximately -1.672.

Since the calculated t-value (-1.8714) is less than the critical value (-1.672), we reject the null hypothesis.

Therefore, based on the sample data, there is sufficient evidence to support the competitor's claim that the actual net weight of the Family Size cereal boxes is less on average than the listed weight of 22.5 ounces at the 5% significance level.

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Brad asked, "Do you even know what services your account allows you and any fees you could incur?""Well, not really," Johan confessed. "I can use this ATM card to access either my chequing or my high interest e-savings account. I use online banking so can always see how much is in my account just by pulling it up on the app on my phone. In fact, I can make payments direct from either account if I want via e-transfer or direct payments. If I want to use my credit card I just use my smart phone app as it is linked to my credit card.""Doesnt this make it too easy for you to overspend," asked Brad "as you are basically spending money in your account without thinking?""I do find that I dont seem to have money all the time and the money in my savings account never seems to stay there for very long," Johan confessed.A couple of weeks later, Johan received his bank e-statement, which included a couple of surprises. "Oh no!" he exclaimed. 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The costs associated with the production of 11,000 units of this part are as follows: Direct materials $85,000 Direct labor 127,000 Variable factory overhead 57,000 Fixed factory overhead 136,000 Total costs $405,000 Of the fixed factory overhead costs, $57,000 is avoidable. Assuming no other use of their facilities, the highest price that McMurphy should be willing to pay for 11,000 units of the part is A. $269,000 B. $405,000 C. $348,000 D. $326,000 Red Rose Manufacturers Inc. is approached by a potential customer to fulfill a one-time-only special order for a product similar to one offered to domestic customers. The company has excess capacity. The following per unit data apply for sales to regular customers: Variable costs: Direct materials $120 Direct labor 110 Manufacturing support 105 Marketing costs 65 E Fixed costs: Manufacturing support. 165 Marketing costs 55 Total costs 620 Markup (40%) 248 Targeted selling price $868 What is the full cost of the product per unit? OA. $248 OB. $400 O C. $620 OD. $868 Zephram Corporation has a plant capacity of 200,000 units per month. Unit costs at capacity are: Direct materials $6.00 4.00 Direct labor Variable overhead 3.00 1.00 Fixed overhead Marketing-fixed 8.00 Marketing/distribution-variable 4.60 Current monthly sales are 190,000 units at $30.00 each. Q, Inc., has contacted Zephram Corporation about purchasing 2,300 units at $24.00 each. Current sales would not be affected by the one-time - only special order. What is Zephram's change in operating profits if the one-time - only special order is accepted? A. $26,680 increase B. $40,480 increase C. $25,300 increase D. $14,720 increase Engineering Risk and Reliability question 1. What are the steps in quantifying randomness? help me to answer this question:Explain TWO (2) ways how will the economy, workforce, technologyand organization affect Organizational Development in thefuture? Northwest Iron and Steel is considering getting involved in electronic commerce. A modest e-commerce package is available for $30,000. The company wants to recover the cost in 2 years. Find the equivalent amount of new revenue that must be realized every 6 months at an interest rate of 3% per quarter .The equivalent amount of new revenue that must be realized every 6 rmonths at an interest rate of 3% per quarter is $ 10f 18 Next > In oligopolistic market, there are Kopi Tuko \& Kopi Jiwa both selling its best-selling product. Hazelnut Latte for Kopi Tuko and Caramel Latte for Kopi Jiwa. a. Draw a payoff matrix for both coffee shop with price between Rp25,000 and Rp 45,000 i. If both selling in price R p 45,000, the economic profit for each coffee shop is Rp 100,000,000 ii. If one of the coffee shops exceed the price of another, the economic profit for the coffee shop with lower price will be Rp150,000,000 and its competitor is Rp25,000,000 iii. If both coffee shops sell its product in lower price, each will generate economic profit Rp 60.000.000 b. What is each coffee shop's dominant strategy? Explain the Nash equilibrium. c. If they choose collusive strategy what will happen? Instructions 1. Identify a publicly traded company. Research its original form of business and detail its transition from small, privately held company to its initial public offering. 2. Although more than half of all small businesses don't survive 5 years, franchises have a much better track record. However, it can be difficult to buy a franchise. Research a popularfood industry franchise, such as Panera Bread, Sonic, Five Guys, or Subway, and detail the requirements for net worth and liquid cash for the franchisee as well as up-front and annual fees. 3. Choose a company in a highly competitive industry. What is its distinctive competence? 4. Why might a closely held corporation choose to remain private? Why might it choose to be publicly traded? Answer these questions in paper form using APA format. Cite all sources on your references page. Should be a minimum of 2 pages in length! Good news for farming can be bad news for farmers because the Group of answer choices demand for basic foodstuffs is usually elastic, meaning that factors that shift supply to the right increase total revenues to sellers supply curve for an individual farmer is usually perfectly elastic supply curve for an individual farmer is usually perfectly inelastic demand for basic foodstuffs is usually inelastic, meaning that factors that shift supply to the right decrease total revenues to sellers Flag question: Question 2 Because the demand for wheat tends to be inelastic, the development of a new, more productive hybrid wheat would tend to Group of answer choices increase the total revenue of wheat farmers decrease the total revenue of wheat farmers decrease the supply of wheat decrease the demand for wheat Flag question: Question 3 Farm programs that pay farmers not to plant crops on all their land Group of answer choices help farmers by cutting costs, which helps consumers by lowering food prices hurt farmers by lowering their total revenue and hurt consumers by causing shortages of some food items help farmers by increasing total revenue in the market but hurt consumers by raising food prices help farmers directly since they receive government payments but have no real effects on consumers Flag question: Question 4 The federal government is concerned about obesity in the United States. Congress is considering two plans. One will ban the production and sale of "junk food." The other will increase nutrition-education programs and include substantial advertising campaigns to encourage healthy eating habits. The junk-food ban program Group of answer choices will reduce the quantity of junk food sold and raise the price. The education program will reduce the quantity of junk food sold and lower the price and the education program will reduce the quantity of junk food sold and raise the price and the education program will reduce the quantity of junk food sold and lower the price will reduce the quantity of junk food sold and lower the price. The education program will reduce the quantity of junk food sold and raise the price Flag question: Question 5 If soybean farmers know that the demand for soybeans is price inelastic, in order to increase their total revenues they should Group of answer choices Both a and b are correct use more fertilizers and weed killers to increase their yields reduce the number of acres they plant to decrease their output plant additional acres to increase their output Flag question: Question 6 Refer to Table 5-6. Which scenario describes the market for oil in the short run in comparison to the long run? Group of answer choices Scenario A describes both the short run and the long run Scenario D describes both the short run and the long run Scenario C describes the short run, whereas scenario B describes the long run Scenario D describes the short run, whereas scenario A describes the long run Flag question: Question 7 Question 71 pts In the early 1970s, OPECs goal was to Group of answer choices increase the world-wide price of oil by increasing the quantity of oil supplied, thus raising total revenues for OPEC members increase the world-wide price of oil by reducing the quantity of oil supplied decrease the world-wide price of oil so that the quantity demanded increased, thus raising total revenues for OPEC members decrease the world-wide price of oil so that quantity demanded increased Flag question: Question 8 Refer to Table 5-6. Which scenario describes the market for oil in the short run? Group of answer choices D C A B Flag question: Question 9 The discovery of a new hybrid wheat would increase the supply of wheat. As a result, wheat farmers would realize an increase in total revenue if the Group of answer choices supply of wheat is inelastic supply of wheat is elastic demand for wheat is inelastic demand for wheat is elastic Flag question: Question 10 How did the farm population in the United States change between 1950 and today? Group of answer choices It dropped from 30 million to just over 6 million people It increased from 10 million to almost 13 million people It dropped from 10 million to fewer than 3 million people It dropped from 20 million to fewer than 5 million people The wave function for a quantum particle is given by (x)=Aexp(ax) where A and a=0.9 are constants and [infinity]Hint: It will be useful to break any integration into 2 parts. Find the value of the normalisation constant A. Find the probability that the particle will be found in the interval a a) What does the unemployment rate measure? Explain briefly. (b) A large number of 60 year-old currently employed workers choose to retire now. How does this affect the labour force participation rate and the unemployment rate? Explain. Malawi in 2020 had a total debt stock amounting to $3.7 trillion of which $1.7 trillion was foreign debt and $1.97 trillion was domestic debt. Malawian debt has been increasing on average by 12% and an average interest on foreign debt was 8%. Calculate the basic transfer./*Show steps of your working*/ DISCUSS Process Management at ENBD. Emirates NBD'sbanking From the table [Order Details] - List all details of all the above-average priced products (simple subquery) (718 records).From the tables [Order Details] and Orders - List any products that have not appeared on an order in 1996 (subquery with [NOT] IN) (405 records).From the tables Products and [Order Details] - List all details of products that have been sold (any date). We need this to run fast, and we don't really want to see anything from the [order details] table, so use EXISTS (77 records). T/F: The funds collected from forfeiture actions generally can be used for any law enforcement purpose later by the seizing agency, if they prevail in court in their forfeiture action When it comes to planning a project, the work breakdown structure is one of the first things a project manager has to work on. A work breakdown structure is a popular project management tool. Hence, It's a diagram that helps break down large projects into smaller and more manageable parts which contain the project deliverables or outcomes that will complete the project. Benefits of Work Breakdown Structures Visualizes the scope of the project, making it easier to do the planning Makes it easier to assign responsibilities accurately to the project team Helps with identifying the project milestones and control points Helps with estimating the time and cost for the project and allocating resources Helps set clear timelines for the project and ensure that no work is duplicated or overlooked Based on what has been discussed in the class, choose a project (Any project whether it was from the construction industry or even from your day-to-day life), and create a semi-detailed WBS with a WBS dictionary. The WBS dictionary should include information such as work package name and ID, and a brief description of each element (you don't have to include the name of the person it is assigned to, due date, estimated cost, etc.). Although, since there are many ways that you can present the WBS for your project (Outline View, Hierarchical Structure View, Tabular View, and Tree Structure View); for this assignment, you can choose the view that you think will better represent your work. Your submission should have at least a couple of paragraphs describing the project that you intend to work on. Feel free to pass it by me to check your project while you're working on it. Which of the following is NOT a characteristic of limestone?Group of answer choicesDeposited in warm, shallow seasEconomically importantBiogenicRarely formed at the surface of the Earth What is the primary goal of the corporation?Maximize Wealth - should be the primary goal of the financial manager. Unlike profit (earnings per share, EPS) maximization, wealth maximization considers the impact of current decisions on the long-term financial health of the firm.Social Responsibility - firms should be socially responsible at the same time they earn "normal" profits; otherwise they probably will go out of business.Wealth Maximization and Social Responsibility - actions that maximize the value of the firm also are beneficial to society; wealth maximization improves the standard of living.UsingFinancial Management: Theory and Practice, 16th edition.Author: Eugene F Brigham / Michael C. Ehrhardt.Publisher: Cengage. Case: The Perils of Student Loan DebtProblem and Issue IdentificationWhat are the central facts of the case? Whatassumptions are you making about these facts?What is the major overriding issue Discuss the two major categories of quantitative data analysis.