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Type: Posts; User: janemorales

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  1. Answers
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    2,563

    Popcorn confidence interval

    Is this correct?

    - Biting an unpopped kernel of popcorn hurts! As an experiment, a self-confessed connoisseur of cheap popcorn carefully counted 773 kernels and put them in a popper. After...
  2. Answers
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    465

    Actually I have to change my mind - this...

    Actually I have to change my mind - this statement is true. Also if a nonprobability method is used it could also be biased.

    Is this true or not?
  3. Question: Sample mean

    by janemorales
    Answers
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    1,891

    sample mean

    If 40 samples, each of size n=21, were selected from a population of 22,493, we would expect the mean of the sample means and the population mean to be close but not exactly equal.

    Is this...
  4. Answers
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    465

    nonprobability methods

    If nonprobability methods are used, not all items or people have a chance of being included in the sample.

    Is this statement true or false?
    I said it was false, is that correct?
  5. Answers
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    3,382

    More conficence intervals

    Are these correct?

    What sample statistic is used to estimate a population value?
    A) Parameter
    B) Sampling error
    C) Point estimate
    D) Interval estimate
    E) None of the...
  6. Answers
    2
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    9,785

    T/F Statistics Questions

    Did I answer these correctly?

    True 1.A simple random sample is formulated in such a manner that each item or person in the population has an equal chance of being included in the sample.
    ...
  7. Answers
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    1,629

    Can this problem be answered using Excel? If so,...

    Can this problem be answered using Excel? If so, how?
  8. Answers
    3
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    1,272

    Can this problem be answered using Excel? If so,...

    Can this problem be answered using Excel? If so, how?
  9. Answers
    3
    Views
    1,272

    driving probability

    I am struggling with understanding probabilities: Did I calculate this correctly. Can you help with the explanation?

    The probability is 1 in 4,000,000 that a single auto trip in the United States...
  10. Answers
    2
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    1,629

    independent probability

    Did I do this right?

    5.62 – A certain airplane has two independent alternators to provide electrical power. The probability that a given alternator will fail on a 1 – hour flight is .02. What is...
  11. Answers
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    1,825

    Empirical probability

    Did I do this right?

    Ninety students will graduate from Lima Shawnee High School this spring. Of the 90 students, 50 are planning to attend college. Two students are to be picked at random to...
  12. Answers
    5
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    1,658

    So if I do 9 x 8 x 7 x 6 x 5 x 4 x 3 x 2 x 1 =...

    So if I do 9 x 8 x 7 x 6 x 5 x 4 x 3 x 2 x 1 = 362,880

    this is correct?
  13. Answers
    4
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    2,433

    exterior/interior plans

    I am still having trouble - is this right? It seems to easy to be true.

    Reynolds Construction Company has agreed not to erect all “look-alike” homes in a new subdivision. Five exterior designs are...
  14. Answers
    5
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    1,658

    President probability

    Did I figure this correctly?

    A puzzle in the newspaper presents a matching problem. The names of 10 in one U.S. presidents are listed column, and their vice presidents are listed in random order...
  15. Answers
    4
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    2,418

    Conditional Probability

    I am having trouble with these probabilities. Did I do them correctly?

    2. A survey of undergraduate students in the School of Business at Northern University revealed the following regarding the...
  16. Answers
    2
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    8,615

    Statistics symbols

    Is this correct?

    Symbols Definitions
    1. S (Uppercase Sigma) _b___ a. Null hypothesis
    2. m (Mu) _h___ b. Summation
    3. s (Lowercase Sigma) _e___ ...
  17. Answers
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    2,245

    computing ratios

    Accounts Payable $ 1,800
    Accounts Receivable 5,475
    Building 40,000
    Cash 1,125
    Capital Stock 20,000
    Inventory 3,400
    Land 10,000
    Long-Term Notes Payable 27,000
    Market Value of Equity 90,000...
  18. Answers
    2
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    762

    ratio computations

    Accounts Payable $ 1,800
    Accounts Receivable 5,475
    Building 40,000
    Cash 1,125
    Capital Stock 20,000
    Inventory 3,400
    Land 10,000
    Long-Term Notes Payable 27,000
    Market Value of Equity 90,000...
  19. Question: Balance sheet

    by janemorales
    Answers
    3
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    1,068

    Balance sheet

    Correct the following balance sheet.

    Canfield Corporation Balance Sheet December 31, 2006
    Assets Liabilities and Owners' Equity
    Cash $...
  20. Answers
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    592

    Net income re-iteration

    Compute net income:

    CGS 30,000
    Interest expense 47,000
    Cash 4,500
    Retained earnnings 15,000
    Sales 150,000
    A/P 20,000
    Rent Revenue 1,000...
  21. Answers
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    1,780

    Classifying business activities

    Classify each of the following business activities as an operating, investing, or financing activity.

    Acquiring inventory for resale - OA
    Buying and selling stocks & bonds of other companies - IA...
  22. Answers
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    2,192

    Classify balance sheet & income statement

    Indicate for each of the following items whether it would appear on a balance sheet (BS) or an income statement (IS). If a balance sheet item, is it an asset (A), a liability (L), or an owners'...
  23. Answers
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    631

    Compute Cost of Goods Sold

    Inventory, Dec. 31 45,000
    Inventory, Jan. 1 52,000
    cash, Dec. 31 10,000
    purchases during the yr 255,000
    sales during the year 480,000

    Compute CGS

    CGS = Beg....
  24. Answers
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    622

    Payback period of investment

    A company paid 50,000 cash for a capital investment. The company expects the investment to generate net cash inflows of 8,400 per year. What is the payback period of this investment?

    I said about...
  25. Answers
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    621

    Net Income Computations

    Is this computation of net income correct?

    CGS 60,000
    Interest Expense 18,000
    cash 3,000
    Retained earnings 50,000
    sales 100,000
    A/P 12,000
    Rent Revenue 5,000
    machinery...
  26. Answers
    3
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    821

    Cash Flow Computations

    Please help with these cash flow computations!
    1. Net cash flow provided (used) by operating activities
    2. Net cash flow provided (used) by investing activities
    3. Net cash flow provided (used by...
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