a. b. c. Make a table showing the average rate of change for each interval of values. value? Would you expect the value per MBF Scribner to have a limiting If you are selling timber from trees 12 inches in diameter, $25 per cord or $71 per MBF Scribner? which is the better price: the timber? What if you are buying
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- An author claimed that his annual book sales increased after the year 2000. Past data indicates that the average annual sales for his books are Php 200 M (200 million pesos). The data for the annual sales are normally distributed as shown (in million peso): 2000: 50 2001: 78 2006: 400 2011: 189 2016: 83 2002: 300 2007: 290 2012: 205 2017: 132 2003: 250 2008: 93 2013: 372 2018: 173 2004: 200 2009: 152 2014: 426 2019: 195 2005: 185 2010: 237 2015: 25 2020: 450 Are the author's words true at 98% confidence? In your complete solution, state the null and alternative hypothesis and the complete calculation of test statistic. True FalseThe following table shows the daily number of watches sold at a shop and the amount of money made from the sales. What is the average rate of change in revenue from w = 20 to w =25.Please, find the Geomatric Mean of the given data. ASAP Monthly rent less than (Rs.) 10 20 30 40 50 60 70 80 Number of families 03 08 16 26 37 50 56 60
- Answer the following questions using the data given below. Moviegoer Spending on Snacks (n = 10) Age (X) ($) Spent (Y) 30 6.85 50 10.50 34 5.50 12 10.35 37 10.20 33 10.75 36 7.60 26 10.10 18 12.35 46 8.35 (c) Calculate R2. (d) The percentage of variation in spending that is explained by a moviegoer’s age is? (Percent)John Kittle, an independent insurance agent, uses a five-year moving average to forecast the number of claims made in a single year for one of the large insurance companies he sells for. He has just discovered that a clerk in his employ incorrectly entered the number of claims made four years ago as 1,400 when it should have been 1,200.a. What adjustment should Mr. Kittle make in next year’s forecast to take into account the corrected value of the number of claims four years ago?b. Suppose that Mr. Kittle used simple exponential smoothing with a = .2instead of moving averages to determine his forecast. What adjustment is now required in next year’s forecast? (Note that you do not need to know the value of the forecast for next year in order to solve this problem.)The following data represent the muzzle velocity (in feet per second) of rounds fired from a 155-mm gun. For each round, two measurements of the velocity were recorded using two different measuring devices, resulting in the following data. Complete parts (a) through (d) below. Observation 1 2 3 4 5 6 A 790.2 790.2 793.3 793.3 791.6 791.6 793.9 793.9 794.7 794.7 793.1 793.1 B 794.8 794.8 789.0 789.0 796.2 796.2 793.5 793.5 802.9 802.9 791.3 791.3 (a) Why are these matched-pairs data? A. All the measurements came from rounds fired from the same gun. B. Two measurements (A and B) are taken on the same round. Your answer is correct. C. The measurements (A and B) are taken by the same instrument. D. The same round was fired in every trial. (b) Is there a difference in the measurement of the muzzle velocity between device A and device B at the alpha equals 0.01 α=0.01 level of significance? Note: A normal probability…
- The following table shows timber stumpage prices for pine pulpwood in two regions of the American South. Prices are in dollars per ton and were recorded at the start of the indicated year. Year Region 1 Region 2 2002 6.30 4.00 2005 7.50 6.70 2007 7.00 9.00 (a) For Region 2, what is the average rate of change per year in price from 2002 to 2005?(b) Use your answer to part (a) to estimate the price in Region 2 at the start of 2004. (The actual price was $6.40 per ton.)(c) For Region 1, what is the average rate of change per year in price from 2005 to 2007?(d) Use your answer to part (c) to estimate the price in Region 1 at the start of 2008.(e) For each region, find the percentage increase in price from 2002 to 2007. (Round your answers to one decimal place.) Region 1 % Region 2 % (f) On the basis of your answer to part (e), in the absence of other factors, would an investor in timber be better advised to choose Region 1 or Region 2? Region 1Region 2The table gives the population in a small coastal community for the period 1997 - 2006. Figures shown are for January 1 each year. Year Population 1997 624 1998 856 1999 1,336 2000 1,578 2001 1,591 2002 1,483 2003 994 2004 826 2005 801 2006 745 (a) What was the average rate of change of population between 1999 and 2002?(b) What was the average rate of change of population between 2003 and 2005?(c) For what period of time was the population increasing? The population was increasing from until . (d) For what period of time was the population decreasing? The population was decreasing from until .The table shows the rate of inflow of water, in cubic feet per second, as measured every morning at 7:30 AM by the US Army Corps of Engineers at a lake in Georgia. Use the Midpoint Rule to estimate the amount of water that flowed into this lake from July 18th, 2013 at 7:30 AM to July 26th at 7:30 AM. Day Inflow rate (ft3/s) July 18 5262 July 19 6411 July 20 2572 July 21 4258 July 22 3008 July 23 3826 July 24 2463 July 25 3618 July 26 3006
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