EXERCISE IN STATISTICS Below are hypothetical data. (1) Organize them in bivariate tables to answer the problems below. Determine the statistics to use for each. 1. Are sex and occupation associated? 2. Are age and income correlated? 3. Are educational attainment and sex associated? 4. Are civil status and occupation associated? 5. Are occupation and income related N>E> you may use data transformation (from interval data to nominal data) Respondent No. Age Sex Civil Status Educational attainment
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TVM Exercises Be sure to use the following format for your answers: TVM Table (X%‚ Xn) Pmt (factor) Answer 1. You invest $5‚000 at 6% compounded annually for 10 years. How much will you have at the end of year 10? FV Table (6%‚ 10n) $5‚000 (1.791) $8‚955 2. You need $200‚000 10 years from now and know of an investment that pays a 10% return. How much do you need to invest today to achieve your goal? PV Table (10%‚ 10n) $200‚000 (0.386) $77‚200 3. You are required to
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Exercise 8: Range/Endurance Givens Conditions: Gross Weight for Beginning of Cruise = 300‚000 lbs Gross Weight at End of Cruise = 200‚000 lbs Altitude = FL350 Standard Conditions Wing Area = 3050 ft2 Wing Span = 156 ft Wing Efficiency = .75 CDp = 0.0119 Twin turbofan engines Figure 2.1 Figure 6.5 Figure 13.2 No need to take into account Temperature Ram Rise 1. Find Equivalent Airspeed‚ True Airspeed‚ and Mach for best range at FL350 and Sea Level at W = 300‚000 lb. (Use Figure 13.2 and Equations
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Inventory Exercises 1. At Dot Com‚ a large retailer of popular books‚ demand is constant at 32‚000 books per ear. The cost of placing an order to replenish stock is $10 and the annual cost of holding is $4 per book. Stock is received five working days after an order has been placed. No backordering is allowed. Assume 300 working days a year. a. What is Dot Com’s optimal order quantity (EOQ)? b. What is the optimal number of order per year? c. What is the optimal interval (in working days)
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Checkpoint Week One Exercise E9-2 E9-2 Trudy Company incurred the following costs. 1. Sales tax on factory machinery purchased $ 5‚000 2. Painting of and lettering on truck immediately upon purchase 700 3. Installation and testing of factory machinery 2‚000 4. Real estate broker’s commission on land purchased 3‚500 5. Insurance premium paid for first year’s insurance on new truck 880 6. Cost of landscaping on property purchased 7‚200 7. Cost of paving parking lot for
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Exercise 9 1. A farmer wanted to find the relationship between the amount of fertilizer used and the yield of corn. He selected seven acres of his land on which he used different amounts of fertilizer to grow corn. The following table gives the amount of fertilizer (in pounds) used and the yield of corn (in bushels)for each of the seven acres. Fertilizer Used (x) 120 80 100 70 88 75 110 Yield of Corn(y) 138 112 129 96 119 104 134 a. Find the least squares regression line. a. Calculate r and r2
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Assignment 1 – Writing Exercise Post my Bachelor’s degree‚ having completed about 4 years of work at Nokia‚ the time had come for me to consider joining a full-time M.B.A. program‚ to boost my career further. I felt that the time was right‚ and conducted my research on potential schools‚ globally. Going by information that I read online‚ an email I received from our HR team at Nokia‚ along with some very positive feedback I received from a close friend‚ who is currently enrolled in the E.M.B.A
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CASE EXERCISE (PAGE 263) THE PRODUCTION FUNCTION FOR WILSON COMPANY Economists at the Wilson Company are interested in developing a production function for fertilizer plants. They collected data o 15 different plants that produce fertilizer. Plant | Output(000 tons) | Capital($000) | Labor(000 Worker Hours) | 1 | 605.3 | 18‚891 | 700.2 | 2 | 566.1 | 19‚201 | 651.8 | 3 | 647.1 | 20‚655 | 822.9 | 4 | 523.7 | 15‚082 | 650.3 | 5 | 712.3 | 20‚300 | 859.0 | 6 | 487.5 | 16‚079 | 613
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The exercise provided a great sense of bad arguments and the various fallacies. The quiz gave examples of fallacious appeals such as questionable authority‚ common belief; two wrongs do not equal a right‚ common practice‚ wishful thinking and indirect consequences. Generally speaking the multiple choice answers were tricky as most of the choices were very similar in content and form. The trick to identifying the correct answer is found in previous reading and looking forward. Key words or the
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The Tryout for Strong and Brawny Glory Hitting the gym to get a fit and fine body is the preliminary goal of a person‚ but as they reach the initial goal the strategy changes and they think about adding more muscles and build size. Therefore‚ people train hard as a high volume workout helps build muscle size as it releases critical anabolic hormones responsible for muscle growth‚ but this is a very slow process and the results take time. So people turn to steroid for help and Super Anadrol is the
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