Find the missing quantities by first computing the markup on one base and then computing the markup on the other. % Markup on Selling Price Cost Price Markup Selling Price $130.00 48% ? The selling price is $. (Round to the nearest cent as needed.)
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Equations and Inequations
Equations and inequalities describe the relationship between two mathematical expressions.
Linear Functions
A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.
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- 10.1 Condé Nast Traveler conducts an annual survey in which readers rate their favorite cruise ship. All ships are rated on a 100-point scale, with higher values indicating better service. A sample of ships that carry fewer than 500 passengers and a sample of ships that carry 500 or more passengers is provided in the Microsoft Excel Online file below (Condé Nast Traveler, February 2008). Round your all answers to two decimal places. Smaller Ships Larger Ships 93.9 81 84.11 85.67 87.48 83.52 83.06 88.79 92.3 79.4 72.96 82.81 77.41 80.93 85.78 74.96 80.77 91.72 90.3 79.3 85.45 82.73 86.53 81.63 80.84 89.23 88.14 77.82 87.7 91.5 83.37 85.14 89.38 83.74 75.57 76.82 76.55 76.63 75.33 81.2 85.61 82.33 90.97 74.93 89.18 78.63 88.05 74.91 93.81 83.08 83.33 74.95 89.84 81.86 81.78 81.36 86.21 87.81 91.4 85.18 72.74 86.88 90.37 74.85 76.99 75.21 79.67 81.72 84.61 82.75 84.8 86.59 85.92 75.24 86.33 80.44…) Consider the following figures showing the situation of the Australian labourmarket in 2018 (figures are per thousand and in percentage).Employed persons ('000) 12 620.7Unemployed persons ('000) 711.9Unemployment rate (%) 5.4Participation rate (%) 65.6a. What is the labour force participation rate? Briefly checking some online sources is it lower or higherthan in other countries? Try to provide some explanation for the difference.b. Assume that the participation rate in Australia changes to 63%, but the adult population and the numberof employed remain unchanged (hint: if the adult population is not reported, you can calculate it easilyfrom the labour force and participation rate). What would be the labour force, the number ofunemployed, and the unemployment rate?c. Go to the latest LFS by the ABS at: www.abs.gov.au/ausstats/abs@.nsf/mf/6202.0. How does the currentsituation compare with 2018? Spend about 10 minutes going through the website and report at least oneobservation you find…The Fish and Game Department stocked a lake with fish in the following proportions: 30% catfish, 15% bass, 40% bluegill, and 15% pike. Five years later it sampled the lake to see if the distribution of fish had changed. It found that the 500 fish in the sample were distributed as follows. Catfish Bass Bluegill Pike 128 89 216 67 In the 5-year interval, did the distribution of fish change at the 0.05 level? (a) What is the level of significance? State the null and alternate hypotheses. H0: The distributions are the same. H1: The distributions are different.H0: The distributions are different. H1: The distributions are different. H0: The distributions are the same. H1: The distributions are the same.H0: The distributions are different. H1: The distributions are the same. (b) Find the value of the chi-square statistic for the sample. (Round your answer to three decimal places.) Are all the expected frequencies greater than 5? YesNo What sampling distribution…
- ***Only do this question using Minitab and be sure to show images and steps used*** Using Minitab and Interpreting Results cpafirm.csv (data for minitab): amount0.001.200.431.001.470.830.503.341.581.46-0.36-1.102.600.000.00-1.700.831.990.001.34 Medlin and Associates is a regional certified public accounting (CPA) firm located near Minneapolis. Recently, a team conducted an audit for a discount chain. One part of the audit involved developing anestimate for the mean dollar error in total charges that occurs during the checkout process. The firm wishes to develop a 95% confidence interval estimate for the population mean. The data cpaf irm.csvcan be read into Minitab. Note that positive values indicate that the customer was overcharged. Your statistics instructor claims that 60 percent of the students who take her Elementary Statistics class go through life feeling more enriched. For some reason that she can’t quite figure out, mostpeople don’t believe her. You decide to check this…A mining company finds that daily lost-work injuries average 1.2. If the local union contract has a clause requiring that the mine be shut down as soon as three workers incur lost-work injuries, on what percentage of the days will the mine be operational throughout the day?According to a 2006 survey conducted by the Center for Disease Control and Prevention (CDC), birth rates peak slightly between July and October each year. While a slight numerical increase in birth rates is often observed, this difference is assumed to be statistically non-significant. Thus, we would expect to see an equal number of people born during each month of the year in the United States. The "Birth Data.jasp" contains the birth months for 1380 babies (N = 1380) born during the year 2006 in the United States collected by the CDC. Conduct a Chi-Square Goodness of Fit Test at α = 0.05, to see if the number of babies born each month “fits” with the CDC’s assumptions about the population. Identify the correct alternative hypothesis A. H0: The number of babies born throughout the year is equal across all 12 months B. HA: The number of babies born in at least one month of the sample is equal to the number of babies born in at least one month of the population C. HA: The…
- According to a 2006 survey conducted by the Center for Disease Control and Prevention (CDC), birth rates peak slightly between July and October each year. While a slight numerical increase in birth rates is often observed, this difference is assumed to be statistically non-significant. Thus, we would expect to see an equal number of people born during each month of the year in the United States. The "Birth Data.jasp" contains the birth months for 1380 babies (N = 1380) born during the year 2006 in the United States collected by the CDC. Conduct a Chi-Square Goodness of Fit Test at α = 0.05, to see if the number of babies born each month “fits” with the CDC’s assumptions about the population. Identify the correct null hypothesis. A. H0: The number of babies born throughout the year is equal across all 12 months B. H0: The number of babies born during the summer months is greater than the number of babies born during the rest of the year C. HA: The number of babies born in…According to a 2006 survey conducted by the Center for Disease Control and Prevention (CDC), birth rates peak slightly between July and October each year. While a slight numerical increase in birth rates is often observed, this difference is assumed to be statistically non-significant. Thus, we would expect to see an equal number of people born during each month of the year in the United States. The "Birth Data.jasp" contains the birth months for 1380 babies (N = 1380) born during the year 2006 in the United States collected by the CDC. Conduct a Chi-Square Goodness of Fit Test at α = 0.05, to see if the number of babies born each month “fits” with the CDC’s assumptions about the population. What is the value of X2-crit? A. 5.72 B. 4.72 C. 19.68 D. 21.92According to a 2006 survey conducted by the Center for Disease Control and Prevention (CDC), birth rates peak slightly between July and October each year. While a slight numerical increase in birth rates is often observed, this difference is assumed to be statistically non-significant. Thus, we would expect to see an equal number of people born during each month of the year in the United States. The "Birth Data.jasp" contains the birth months for 1380 babies (N = 1380) born during the year 2006 in the United States collected by the CDC. Conduct a Chi-Square Goodness of Fit Test at α = 0.05, to see if the number of babies born each month “fits” with the CDC’s assumptions about the population. Identify the correct value for df. A. 5.72 B. 11 C. 107 D. 0.89
- 3. As part of the National Health and Nutrition Examination Survey, the Department of Health andHuman Services obtained self-reported heights and measured the heights for males aged 12-16. Allmeasurements are in inches. Is there a difference between the reported height vs. the measured height?Use a 0.05 level of significance.ReportedHeight68 71 63 71 71 60 65 64 54 63 66 72MeasuredHeight67.9 69.9 64.9 68.3 70.3 60.6 64.5 67.0 55.6 74.2 65.0 70.8DifferenceNull and alternative hypothesis (give both in symbolic form and sentence form):Test statistic and p-value (show the calculation or show what you entered into the calculator (screenshotsare ok here)):Technical conclusion, circle one: reject the null hypothesis or fail to reject the null hypothesisWhy did you choose to reject or fail to reject the null hypothesis?Nontechnical conclusion addressing the original claim:From 2007 to 2012, there was a substantial increase in obesity rates in the United States. The following information comes from an report on obesity: Results from a survey in 2007-2008, using measured heights and weights, indicate that an estimated 34.9% of U.S. adults aged 20 years and over are overweight, 32.4% are obese, and 8.7% are extremely obese. Use the information in the paragraph above to answer the following question: In 2007-2008, approximately out of 100 adults aged 20 years and older in the United States were obese. Round to the nearest adult.A report stated that based on observing a large number of vehicle occupants, the estimated percentage of drivers and passengers in a certain country who wear seatbelts is 83.2%. The report also gave information on seat belt use by sex and by whether the vehicle is traveling in an urban or rural area. The information in the following table is consistent with summary values given in the report. Urban Areas Rural Areas Male Female Male Female Seat belt 851 908 750 817 No Seat belt 149 92 250 183 Assume that these data are representative of drivers and passengers in the country. Consider the following conclusion. Females are more likely to wear seat belts than males in both urban and rural areas. The difference in the percentage of females and the percentage of males who wear seat belts is greater for rural areas than for urban areas. Provide a justification for this conclusion. Use the information in the table to calculate relevant probabilities. The differences in the proportions for…