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- The following data were taken from the annual reports of Big Bang Inc., a manufacturer of fireworks, and Orange Inc., a manufacturer of computers. Big Bang, Inc. Orange, Inc. Cost of goods sold $830,000 $11,540,000 Inventory, end of year 190,000 320,000 Inventory, beginning of year 240,000 290,000 What is the inventory turnover for Big Bang and Orange. a. Big Bang, Inc.: 3.86Orange, Inc.: 37.84 b. Big Bang, Inc.: 3.86Orange, Inc.: 9.65 c. Big Bang, Inc.: 94.55Orange, Inc.: 37.84 d. Big Bang, Inc.: 94.55Orange, Inc.: 9.65The emergence of giant multinational corporations is said to have altered the very nature of international economic activity. In what ways do these MNCs affect the structure and pattern of trading relationships between the developed world and the developing world?1. A company needs to locate a distribution facility somewhere between the source of raw materials in Los Angeles, CA and the market for the product in Chicago, IL. Using Hoover's Transport Curves Theory and the information below, which city should the ditribution center be located in? Inbound costs Outbound costs Las Vegas, NV $ 3,000,000 $ 39,000,000 Denver, CO $ 15,000,000 $ 34,000,000 Des Moines, IA $ 22,000,000 $ 18,000,000 Rockford, IL $ 37,000,000 $ 6,000,000 A. Las Vegas, NV B. Des Moines, IA C. Rockford, IL D. Denver, CO
- Dave Fletcher, the general manager of North Carolina Engineering Corporation (NCEC), thinks that his firm’s engineer-ing services contracted to highway construction firms are directly related to the volume of highway construction business contractedwith companies in his geographic area. He wonders if this is reallyso, and if it is, can this information help him plan his operationsbetter by forecasting the quantity of his engineering servicesrequired by construction firms in each quarter of the year? Thefollowing table presents the sales of his services and total amountsof contracts for highway construction over the past eight quarters: a) Using this data, develop a regression equation for predictingthe level of demand of NCEC’s services. b) Determine the coefficient of correlation and the standard errorof the estimate.3.6 With the increase in the mobility of the population in the United States and with the increasein home-based employment, there is an inclination to assume that the personal income in theUnited States will become fairly uniform across the country. The following table provides the percapita personal income for each of the 50 states and the District of Columbia.Income(thousands of dollars) Number of States22.0–24.9 525.0–27 .9 1328.0–30.9 1631.0–33.9 934.0–36.9 437 .0–39.9 240.0–42.9 2 Total 51 a. Construct a relative frequency histogram for the income data.b. Describe the shape of the histogram using the standard terminology ofhistograms.c. Would you describe per capita income as being fairly homogenous across…(3.2 #16c) Most Expensive Colleges Listed below are the annual costs (dollars) of tuition and fees at the ten most expensive colleges in the United States for a recent year (based on data from U.S. News & World Report). The colleges listed in order are Columbia, Vassar, Harvey Mudd, University of Chicago, Trinity, Franklin and Marshall, Tufts, Amherst, University of Southern California, and Sarah Lawrence. 57,208 55,210 54,886 54,825 54,770 54,380 54,318 54,310 54,259 54,010 What is the standard deviation of this sample?
- The file MidCity Download MidCitycontains data on 128 recent sales in Mid City. For each sale, the file shows the neighborhood (1, 2, or 3) in which the house is located, the number of offers made on the house, the square footage, whether the house is made primarily of brick, the number of bathrooms, the number of bedrooms, and the selling price. Neighborhoods 1 and 2 are more traditional neighborhoods, whereas neighborhood 3 is a newer, more prestigious neighborhood. PROBLEM 1: Construct 3 different confidence intervals. Part A) Sort and filter the data from the MidCity file so that you only consider the data from neighborhood 1. Construct a 99% confidence interval for the square footage of all homes in neighborhood 1. Make sure you list the specific equations you are using, ALL variables, show ALL work etc., in your report. You can use Excel to complete all computations. Remember to interpret these confidence intervals in the context of this problem. Use one Excel spreadsheet…Jensen Tire & Auto is in the process of deciding whether to purchase a maintenance contract for its new computer wheel alignment and balancing machine. Managers feel that maintenance expense should be related to usage, and they collected the following information on weekly usage (hours) and annual maintenance expense (in hundreds of dollars). Weekly Usage(hours) AnnualMaintenance Expense 19 24 16 29 26 37 34 44 38 54 23 38 30 40 37 46 46 59 44 47 -select your answer choices- b. p-value less than 0.01 between 0.01 and 0.025 between 0.025 and 0.05 between 0.05 and 0.10 greater than 0.10 Conclusion Do not conclude that there is a significant relationship between expense and weekly usage Conclude that there is a significant relationship between expense and weekly usage d. No, the expected maintenance expense is less than $3000 Yes, the expected maintenance expense is greater than $3000A company that sells digital devices has its stores in several cities in Albania. The Marketing Manager plans to transmite an advertisement for the digital camera product on local television and watch sales of that product, to see the link that exists with the number of ads transmitted and product sales. After two days, the results were presented in the following table: City Trasmitted Sales(in 000 Euro) Durrës 4 15 Sarandë 2 8 Fier 5 21 Berat 6 24 Lezhë 3 17 S S = 1.58 S = 6.1 a) What is the dependent variable?b) Construct the scatterdiagram of this connection.c) Calculate the coefficient of variation and the coefficient of determination.d) Interpret the relationship between two variables.e) What is the equation that connects these two variables? Explain the values for a and b.f) What is the expected level of sales if 10 ads are trasmitted
- 1. The following table shows data on new motor vehicle sales and the real disposable income per person in Canada between 1981 and 2001. Year New mote Vehicle sales (Units) Real personal disposable income per person (1992$) 1981 1190882 16368 1982 920902 16107 1983 1081088 15765 1984 1283502 16252 1985 1530410 16710 1986 1515920 16747 1987 1533637 16856 1988 1565501 17443 1989 1483875 17875 1990 1317869 17756 1991 1287790 17164 1992 1227419 17096 1993 1192934 17016 1994 1260056 17000 1995 1166535 17047 1996 1204557 16861 1997 1424380 16994 1998 1428932 17334 1999 1542041 17735 2000 1587561 18068 2001 1597949 18185 a. Confirm the intercept, slope and correlation coefficient by computing them.The following data set provides infromation on acres harvested and planted by year and value in the US. Year ASPARAGUS - ACRES HARVESTED ASPARAGUS - ACRES PLANTED 2015 21,700 23,500 2014 23,800 25,800 2013 24,500 26,800 2012 25,300 27,800 2011 26,800 28,400 2010 28,000 29,200 2009 29,200 30,700 2008 32,200 33,700 2007 38,600 40,900 2006 43,200 44,700 2005 49,300 51,700 2004 61,500 66,000 2003 58,000 62,000 2002 66,000 70,500 2001 70,150 75,150 2000 77,400 82,800 1999 75,890 79,590 1998 74,430 From the data set, use the planting data for the United States for recent years. Using a calculator or statistical software, find the equation for the linear regression line for 2010 to 2015. What is the pattern of the data set? Select the correct answer below: Positive linear pattern No pattern Negative linear pattern…Company ABC has the following information. Please calculate the Z-core for 2021 and 2022 and provide a comment on its performance. Variables 2022 2021 X1(net working capital /total asset) 0.56 0.175 X2(retained earnings/total asset) -0.12 0.08 X3(EBIT/total assets) 0.56 0.69 X4(market value of equity/book value of total liability) 1.2 0.96 X5(sales/total asset) 0.78 0.63 Z-score (1.2X1+1.4X2+3.3X3+0.6X4+1X5) 3.852 3.805