The worksheet “Insurance” in the Excel workbook MATH302_Midterm.xls‚ which is attached‚ contains data on the percentage of people without health insurance coverage. These data are based on samples taken in 2004 for the fifty states and the District of Columbia. Use these data to answer questions 1 and 2.a. On average‚ what percentage of the people in the fifty states and the District of Columbia do not have health insurance? Mean: 14.15 Round your answer to 2 decimal places as necessary.b.
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0.30 3 0.40 4 0.15 1.00 a) Simulate the arrival of cars at the company for 20 arrivals‚ and compute the average time between arrivals. Random number: 39‚ 73‚ 72‚ 75‚ 37‚ 02‚ 87‚ 98‚ 10‚ 47‚ 93‚ 21‚ 95‚ 97‚ 69‚ 41‚ 91‚ 80‚ 67‚ 59. b) Simulate the arrival of cars at the service station for one hour‚ and compute the average time between arrivals. Random number: 65‚ 71‚ 20‚ 17‚ 48‚ 89‚ 18‚ 83‚ 08‚ 90‚ 05‚ 89‚ 18‚ 08‚ 26‚ 47‚ 94‚ 06‚ 72‚ 40‚ 62‚ 47‚ 68‚ 60. 2. The time between arrivals of
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per day‚ 7 days per week: Time Between Emergency Calls (hr.) Probability 1 0.05 2 0.10 3 0.30 4 0.30 5 0.20 6 0.05 1.00 a. Simulate the emergency calls for 3 days (note that this will require a “running”‚ or cumulative‚ hourly clock)‚ using the random number table. b. Compute the average time between calls and compare this value with the expected value of the time between calls from the probability distribution. Why are the results different? 2. The time between arrivals of cars at the Petroco
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TUI THOMAS J. COBB MAT 201 Module 1 – Case Assignment Dr. Alfred Basta Mat 201 Module 1-Case Assignment Thomas J. Cobb 1. Suppose you have 4 nickels‚ 6 dimes‚ and 4 quarters in your pocket. If you draw a coin randomly from your pocket‚ what is the probability that: a. You will draw a nickel? The probability of someone drawing a dime would be 4/11 or 36%. b. You will draw a dime? The probability of some drawing a nickel would be 6/11 or 54%
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Intro Variable stars are important in astronomy because they provide information on the properties of the stars. Variable stars vary in brightness over time and have periods ranging from a couple hours to hundreds of days. Moreover‚ pulsating stars are variable stars and have two types of pulsating stars‚ such as RR Lyrae and Cepheid. Additionally‚ the simulators in this lab gives individuals a visual model of how variable stars are determined and measured. Therefore‚ the simulators will give individuals
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simulation‚ the first toss has an H‚ which we can see because the proportion starts at 1.0. Following the first simulated toss‚ the proportion changes with each new toss depending on whether we got an H or a T. Answer 5 Each time that a new set of random numbers is generated‚ the graph changes accordingly. However‚ in all of these graphs we can
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Chapter 7 Variable Costing: A Tool for Management Solutions to Questions 7-1 The basic difference between absorption and variable costing is due to the handling of fixed manufacturing overhead. Under absorption costing‚ fixed manufacturing overhead is treated as a product cost and hence is an asset until products are sold. Under variable costing‚ fixed manufacturing overhead is treated as a period cost and is charged in full against the current period’s income. 7-2 Selling and administrative expenses
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Comparison of Di erent Neighbourhood Sizes in Simulated Annealing Xin Yao Department of Computer Science University College‚ University of New South Wales Australian Defence Force Academy Canberra‚ ACT‚ Australia 2600 Abstract Neighbourhood structure and size are important parameters in local search algorithms. This is also true for generalised local search algorithms like simulated annealing. It has been shown that the performance of simulated annealing can be improved by adopting a suitable
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ACC604 Final Exam Practice Questions – Series H 1. The Work in Process inventory account of a manufacturing company shows a balance of $18‚000 at the end of an accounting period. The job cost sheets of the two uncompleted jobs show charges of $6‚000 and $3‚000 for materials‚ and charges of $4‚000 and $2‚000 for direct labor. From this information‚ it appears that the company is using a predetermined overhead rate‚ as a percentage of direct labor costs‚ of: A. 50% B. 200% C. 300% D. 20%
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company ’s profitability. B. changes in variable costs on a company ’s profitability. C. changes in fixed costs on a company ’s profitability. D. changes in product sales mix on a company ’s profitability. E. All of these. 2. The break-even point is that level of activity where: A. total revenue equals total cost. B. variable cost equals fixed cost. C. total contribution margin equals the sum of variable cost plus fixed cost. D. sales revenue equals total variable cost. E. profit is greater than zero
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