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The cell potential of a redox The cell potential of a redox reaction occurring in an
electrochemical cell under any set of temperature and concentration
conditions can be determined from the standard cell potential of
the cell using the Nernst equation E = E° − RT nF ln Q where E is
the cell potential of the cell, E° is the standard cell potential
of the cell, R is the gas constant, T is the temperature in kelvin,
n is the moles of electrons transferred in the reaction, and Q is
the reaction quotient. Use this relationship to answer the problem
below.
For the following oxidation-reduction reaction Cu2+(aq) + Ni(s)
→ Cu(s) + Ni2+(aq) the standard cell potential is 0.60 V. What is
the actual cell potential of the cell if the temperature is 314 K,
the initial Cu2+ concentration is 0.00107 M, and the initial Ni2+
concentration is 0.0183 M? (Note that the reaction involves the
transfer of 2 moles of electrons, and the reaction quotient is
17.1.)
_______________ V
The cell potential of a redox – Quality Academic Essay The cell potential of a redox reaction occurring in an electrochemical cell under any set of temperature and concentration conditions can be determined from the standard cell potential of the cell using the Nernst equation E = E° − RT nF ln Q where E is the cell potential of the cell, E° is the ...
What is the incentive for S Co What is the incentive for S Corporation Shareholders, who also
work in the company, to receive an unreasonably low salary?
Question 4 options:
A)
S Corporation shareholders can not be employees
B)
reduce employment taxes
C)
reduce income taxes
D)
reduce overall taxes
What is the incentive for S Co – Quality Academic Essay What is the incentive for S Corporation Shareholders, who also work in the company, to receive an unreasonably low salary?
Chris is undecided about wheth Chris is undecided about whether to go back to school and get
his master’s degree. He is trying to perform a cost-benefit
analysis to determine whether the cost of attending the school of
his choice will be outweighed by the increase in salary he will
receive after he attains his degree. He does research and compiles
data on annual salaries in the industry he currently works in (he
has been working for 10 years), along with the years of experience
for each employee and whether or not the employee has a master’s
degree. Earning his master’s degree will require him to take out
approximately $20,000 worth of student loans. He has decided that
if the multiple regression model shows, with 95% confidence, that
earning a master’s degree is significant in predicting annual
salary, and the estimated increase in salary is at least $10,000,
he will enroll in a degree program.
Salary ($)
Years of Experience
Master’s Degree
37,620
23
No
67,180
26
Yes
31,280
16
No
20,500
3
No
75,120
27
Yes
59,820
24
Yes
40,180
16
Yes
81,360
31
Yes
36,080
20
No
36,080
11
Yes
36,680
23
No
29,200
12
Yes
34,040
17
No
30,060
13
No
53,300
22
Yes
22,820
6
No
72,900
33
Yes
55,920
20
Yes
18,280
0
No
27,000
9
No
59,600
24
Yes
40,000
16
Yes
81,500
31
Yes
36,000
20
No
36,500
11
Yes
37,020
23
No
29,000
12
Yes
5. What is the average difference between the salaries
of people with and without Master’s degree (holding years of
experience constant)?
6. Does the master’s degree significantly influence the
salary of the employees at the alpha level of 0.01?
7. Do the years of experience significantly influence
the salary of the employees at the alpha level of 0.01? Make sure
to show which values you use to make the decision.
8. Remember, Chris has decided that if the multiple
regression model shows that earning a master’s degree is
significant in predicting annual salary (at alpha of 0.05), and the
estimated increase in salary is at least $10,000, he will enroll in
a degree program. Should he? Use the actual numbers from the
regression model to prove your answer. there should be two sets of
values/numbers used.
Chris is undecided about wheth – Quality Academic Essay Chris is undecided about whether to go back to school and get his master’s degree. He is trying to perform a cost-benefit analysis to determine whether the cost of attending the school of his choice will be outweighed by the increase in salary he will receive after he attains his degree. He does r...
Question #
01 Question #
01
[10 marks]
ABC Company is considering adding a new line to its product mix,
and the capital budgeting analysis is being conducted by Jameel, a
recently graduated MBA. The production line would be set up in
unused space in the main plant. The machinery’s invoice price would
be approximately Rs 5,000,000, another Rs 250,000 in shipping
charges would be required, and it would cost an additional Rs
750,000 to install the equipment. The machinery has an economic
life of 4 years, and ABC Company applicable depreciation rate are
33.33% for year 1, 44.45% for year 2, 14.81% for year 3, 7.41% for
year 4. The machinery is expected to have a salvage value of Rs
625,000 after 4 years of use. The new line would generate
incremental sales of 1,250 units per year for 4 years at an
incremental cost of Rs 2500 per unit in the first year, excluding
depreciation. Each unit can be sold for Rs 5,000 in the first year.
The sales price and cost are both expected to increase by 3% per
year due to inflation. Further, to handle the new line, the firm’s
net working capital would have to increase by an amount equal to
12% of sales revenues. The firm’s tax rate is 40%, and its overall
weighted average cost of capital, which is the risk-adjusted cost
of capital for an average project (r), is
10%.
Required:
i. What are the annual depreciation expenses?
ii. Calculate the annual sales revenues and costs (other than
depreciation). Why is it important to include inflation when
estimating cash flows?
iii. Construct annual incremental operating cash flow
statements.
iv. Estimate the required net working capital for each year and the
cash flow due to investments in net working capital.
v. Calculate the after-tax salvage cash flow.
vi. Calculate the net cash flows for each year. Based on these cash
flows and the average project cost of capital, what are the
project’s NPV
Question # 01 – Quality Academic Essay Question # 01 [10 marks] ABC Company is considering adding a new line to its product mix, and the capital budgeting analysis is being conducted by Jameel, a recently graduated MBA. The production line would be set up in unused space in the main plant. The machinery’s invoice price would be approxi...
Population 1 has an estimated
Population 1 has an estimated mean of 50 and a sample standard
deviation of 3 while population 2 has a sample mean of 48 and a
sample standard deviation of 4. A sample of size 16 is taken for
each population.
With the null being equality of means and the alternative being
that the means are not equal, the conclusion as to the equality of
means at the 90% level of confidence would be:
A.
Accept the null of no difference.
B.
Reject the null of no difference.
With the null being equality of means and the alternative being
that the mean of population 1 exceeds the mean of population 2, the
critical value of t would be?
With
the null being equality of means and the alternative being that the
mean of population 1 exceeds the mean of population 2, the
conclusion as to the equality of means at the 90% level of
confidence would be:
A.
Accept the null of no difference.
B.
Reject the null of no difference.
Population 1 has an estimated – Quality Academic Essay With the null being equality of means and the alternative being that the means are not equal, the conclusion as to the equality of means at the 90% level of confidence would be:
QUESTION 1
Does the Basel II A QUESTION 1
Does the Basel II Accord deserve its share of the blame in the run
up to the financial crisis of 2007?
Those who say “no” however point to shortcomings of Basel I Accord
as the possible reason. At a time when
countries had just begun the implementation of the Basel II Accord,
the remnants of the Basel I era, with its
lack of sensitivity and inflexibility to rapid innovations, could
have created perverse regulatory incentives to
simply move risky exposures off balance sheet, without really
assessing the adequacy of capital to meet the
risk exposures.
Those who say “yes” feel that the financial crisis merely exposed
the deficiencies in the “vastly improved”
Basel II. What were the limitations of the Basel II?
One, it made a quantum leap from the relatively simple Basel I to
include a degree of complexity that proved a
challenge to both the regulators as well as the banks.
Two, external ratings provided by rating agencies played a critical
role in Basel II. Since ratings agencies were
assigned specific blame, for the financial crisis, the basic
premises of Basel II were also questionable.
Three, the standardized and advanced approaches operated under
certain assumptions may not be applicable to
all countries adopting the Accord. Hence, the onus was on the
regulator of each country to assess if the risk
weights assigned were applicable to the country’s context.
Four, the Accord allocated higher to higher credit risk. This led
to the concern that small businesses and the
less prosperous sections of society, typically considered high
credit risk segments, would attract unaffordable
rates of interest. This concern is especially true for developing
countries.
Five, the risk modelling approaches in the advanced approaches had
limitations. It is unclear whether
maintaining capital based on these risk models would ensure
adequate amount capital to cover risks.
Six, the level of technological and computational competence that
the approach presupposes may not be
available with all banks and banking systems.
Seven, aligning disclosures under Pillar III to international and
domestic accounting systems will be a
challenge.
Eight, effective implementation of Basel II would require
tremendous upgrading of skills of both supervisors
and banks.
Finally, an issue that has been discussed widely is that of
pro-cyclicality. When economies are doing well, the
banks will lend more, probably to take more risks for better
returns and maintain adequate capital. However,
when business cycles take a downturn, banks downgrade the borrowers
due to increased likelihood of default
and therefore, have to maintain more capital. This leads to capital
shortage, as well as restriction in credit and
therefor, leads to further deterioration in the economy. The Basel
Committee acknowledges that risk based
capital requirements could inevitable lead to pro-cyclicality, but
this problem could be addressed by different
instruments.
In November 2008, the Basel Committee admitted that its proposed
Accord had to be more comprehensive to
address the fundamental weaknesses exposed by the financial crisis
related to regulation, supervision and risk
management of
internationally active banks. In 2009, the committee had already
brought out documents
REQUIRED:
1. Why is the set of rules like Basel II blamed as the cause for a
global financial meltdown?
2. How can another set of rules like the Basel III remedy the
situation?
3. How successful will Basel III be in averting future financial
crisis?
QUESTION 1 Does the Basel II A – Quality Academic Essay QUESTION 1 Does the Basel II Accord deserve its share of the blame in the run up to the financial crisis of 2007? Those who say “no” however point to shortcomings of Basel I Accord as the possible reason. At a time when countries had just begun the implementation of the Basel II Accord, the remn...
Cell energetics:
a) What is ox Cell energetics:
a) What is oxidative phosphorylation and where does it
occur?
b) What is chemiosmosis and where does it occur?
c) What is the difference between alcohol fermentation and
lactic acid fermentation?
Cell energetics: a) What is ox – Quality Academic Essay Our essays are NOT intended to be forwarded as finalized work as it is only strictly meant to be used for research and study purposes. We do not endorse or condone any type of plagiarism.
A food store has an average of A food store has an average of 220 customers arriving per hour
during peak shopping hours. During these peak periods all eight
checkout counters will be open and operating with a capacity of
serving an average of 35 customers per hour per counter. All
checkout counters are identical.
A. What proportion of the time would all of the checkout
counters and waiting lines be empty of customers?
B. How long would customers wait in line on the average?
C. How many customers would be waiting in each line on the
average?
A food store has an average of – Quality Academic Essay A food store has an average of 220 customers arriving per hour during peak shopping hours. During these peak periods all eight checkout counters will be open and operating with a capacity of serving an average of 35 customers per hour per counter. All checkout counters are identical.
Adelaide Camping
Store Pty Ltd
Adelaide Camping
Store Pty Ltd is owned and managed by Saphira Browne in the inner
Adelaide area. The following adjusted Trial Balance for Adelaide
Camping Store Pty Ltd has been prepared at the year-end by
Saphira.
ADELAIDE CAMPING STORE PTY
LTD
TRIAL BALANCE
AS AT 30 JUNE
2020
Account
Debit
($)
Credit
($)
Cash
35 400
Accounts
receivable
50 000
Inventory (1 July
2019)
105 800
Prepaid Rent
7 100
Term Deposit
126 000
Store Equipment
80 000
Accumulated Dep’n –
Store Equipment
20 000
Delivery Truck
60 000
Accumulated
Depreciation – Delivery Truck
12 000
Accounts Payable
56 800
Unearned Revenue
8 500
Bank loan
40 000
Saphira Browne,
Capital (1 July 2019)
320 660
Saphira Browne,
Drawings
12 500
Sales Revenue
440 000
Sales Returns and
Allowances
15 800
Purchase Returns and
Allowances
5 900
Discounts
Received
8 200
Purchases
245 720
Freight Inwards
22 870
Freight Outwards
7 500
Wages Expense
86 180
Delivery Truck
Maintenance Expense
12 450
Discount Allowed
1 340
Store Rent
Expense
25 700
Advertising
Expense
9 000
Accrued Delivery
Truck Maintenance Expense
2 400
Doubtful Debts
Expense
1 000
Allowance for
Doubtful Debts
1 000
Depreciation expense
– Store Equipment
10 000
Depreciation Expense
– Delivery Truck
6 000
Accrued Accounting
Wages
4 900
920 360
920 360
Additional
Information:
A stocktake performed at 30 June 2020 recorded an ending
inventory balance of $145 600.
The wages account balance is comprised of $70 200 for Selling
and Distribution and $15 980 for Administration.
REQUIRED:
Using the template provided on the
following page, prepare a fully classified Income
Statement for the year ending
30 June 2020.
Adelaide Camping Store Pty Ltd – Quality Academic Essay Adelaide Camping Store Pty Ltd is owned and managed by Saphira Browne in the inner Adelaide area. The following adjusted Trial Balance for Adelaide Camping Store Pty Ltd has been prepared at the year-end by Saphira.
Sadik Industries must install Sadik Industries must install $1 million of new machinery in its
Texas plant. It can obtain a 6-year bank loan for 100% of the cost
at a 14% interest rate with equal payments at the end of each year.
Sadik’s tax rate is 34%. The equipment falls in the MACRS 3-year
class.
Alternatively, a Texas investment banking firm that represents a
group of investors can arrange a guideline lease calling for
payments of $320,000 at the end of each year for 3 years. Under the
proposed lease terms, the Sadik must pay for insurance, property
taxes, and maintenance.
Sadik must use the equipment if it is to continue in business,
so it will almost certainly want to acquire the property at the end
of the lease. If it does, then under the lease terms, it can
purchase the machinery at its fair market value at Year 3. The best
estimate of this market value is $200,000, but it could be much
higher or lower under certain circumstances. If purchased at Year
3, the used equipment would fall into the MACRS 3-year class. Sadik
would actually be able to make the purchase on the last day of the
year (i.e., slightly before Year 3), so Sadik would get to take the
first depreciation expense at Year 3 (the remaining depreciation
expenses would be from Year 4 through Year 6). On the time line,
Sadik would show the cost of purchasing the used equipment at Year
3 and its depreciation expenses starting at Year 3.
To assist management in making the proper lease-versus-buy
decision, you are asked to answer the following questions:
What is the net advantage of leasing? Should Sadik take the
lease?
Answer
PV of leasing = −$637,702; PV of owning = −$713,300; NAL =
$75,598.
Consider the $200,000 estimated residual value. How high could
the residual value get before the net advantage of leasing falls to
zero?
Answer
$343,489.
I do not know how to calculate this....this is the answer but i
need a step by step since i am not understanding the process?
)
If the NAL is to be zero, the residual value at t3 should be
increased such that the PV of the increase in price-the PV of tax
shields on the addl depreciation
should be 0.
If x is the increase in residual value:
PV of increase in residual value = x*0.76711
The PV of depreciation tax shield will be
x*0.34*(0.3333*.76711+0.4445*0.70222+0.1481*0.64282+0.0741*0.58845)
= x*0.24025
So 75598 = x*(0.76711-0.24025)
x = 75598/(0.76711-0.24025) =
143488
The increase in price should be $143488.
That is the residual value should be 200000+143488 =
343488
for NAL to be 0.
Sadik Industries must install – Quality Academic Essay Sadik Industries must install $1 million of new machinery in its Texas plant. It can obtain a 6-year bank loan for 100% of the cost at a 14% interest rate with equal payments at the end of each year. Sadik’s tax rate is 34%. The equipment falls in the MACRS 3-year class.
You need to prepare an acetate You need to prepare an acetate buffer of pH 5.50 from a 0.899 M
acetic acid solution and a 2.73 M KOH solution. If you have 775 mL
of the acetic acid solution, how many milliliters of the KOH
solution do you need to add to make a buffer of pH 5.50? The pKa of
acetic acid is 4.76.
You need to prepare an acetate – Quality Academic Essay You need to prepare an acetate buffer of pH 5.50 from a 0.899 M acetic acid solution and a 2.73 M KOH solution. If you have 775 mL of the acetic acid solution, how many milliliters of the KOH solution do you need to add to make a buffer of pH 5.50? The pKa of acetic acid is 4.76.
While in the private sector, I While in the private sector, I found purchasing processes to be
much more efficient that in government, perhaps due to the lack of
trust and confidence, what are your thoughts on this?
While in the private sector, I – Quality Academic Essay While in the private sector, I found purchasing processes to be much more efficient that in government, perhaps due to the lack of trust and confidence, what are your thoughts on this?
Assume it is 1 January 2017. A
Assume it is 1 January 2017. An investor has researched two possible bond investments, but an intermittent printer fault has caused some important information to be missing from the printout. The latest coupon on each bond has just been paid. Each bond has a face, or par, value of £1000. The investor assumes that each bond pays coupons annually. Bond Coupon rate Maturity Current price Yield to maturity ABC 6.50% 31 December 2022 ? 5.50% XYZ 4.45% 31 December 2024 £838.45 ? ·
i. Complete the table by calculating the current price of bond ABC and yield to maturity of bond XYZ . ·
ii. The investor subsequently realises that the printer had not detailed the fact that the ABC bond makes semi-annual coupon payments.
Recalculate the current price of the ABC bond.
iii. Analyze the answers in (i) and (ii) above as an investor. Which coupon option would you choose and why? .
iv. Assume for ABC corporation only, market interest rate increases, which results in increase YTM to 6.50%.
What will be the revised current price of the Bond? What will you deduce about the relationship between market interest rate and bond prices?
In this question you are required to extract financial information on Texas Instruments which can be found in its annual report. You should refer in particular to Texas Instruments’ 2019 consolidated financial statements. The notes to these statements may also be relevant. You are required to:
a. use two appropriate methods to calculate the cost of equity for Texas Instruments
b. use two methods to calculate a cost of debt for Texas Instruments
c. If you have to select one of the methods from above, which one would you choose and why?
d. If you would be prospective investor, would you invest in Texas shares or bonds? Specify the reason.
Make sure you clearly describe and reference the source of the information used in your calculations. If you would like to use an additional approach that requires external information, you should provide details of these additional sources and your reasons for using them.
Note the following:
· the risk-free rate is 1.64% p.a.
· the equity risk premium is 3% p.a.
In addition to your numerical work, you should provide an explanation of your methodology and justify your choice of inputs in the formula. Remember to show all your calculations in detail. Note: this question is not just testing your ability to derive calculations; it is also looking at your understanding of which financial information is relevant for the calculations and how to deploy it.
Assume it is 1 January 2017. A – Quality Academic Essay Assume it is 1 January 2017. An investor has researched two possible bond investments, but an intermittent printer fault has caused some important information to be missing from the printout. The latest coupon on each bond has just been paid. Each bond has a face, or par, value of £1000. The invest...
$2.25
$2.41
$2.30
$2.55
$2.57
$2.25
$2.41
$2.30
$2.55
$2.57
$2.65
$2.28
$2.42
$2.32
$2.59
$2.39
$2.64
$2.31
$2.43
$2.49
$2.60
$2.34
$2.79
$2.33
$2.45
$2.51
$2.61
$2.38
$2.59
$2.35
$2.47
$2.53
$2.63
$2.67
$2.73
$2.37
$2.48
$2.54
$2.52
$2.58
$2.56
Assume the alpha value is .05. Find the mean,
standard deviation and confidence interval.
$2.25 $2.41 $2.30 $2.55 $2.57 – Quality Academic Essay Our essays are NOT intended to be forwarded as finalized work as it is only strictly meant to be used for research and study purposes. We do not endorse or condone any type of plagiarism.
Four different types of insect Four different types of insecticides are used on strawberry
plants. The number of strawberries on each randomly selected plant
is given below.
Insecticide 1
Insecticide 2
Insecticide 3
Insecticide 4
6
5
6
6
7
7
5
5
6
5
4
4
5
4
3
4
7
5
4
5
6
6
4
3
Does the data suggest that any of these insecticides yield a
mean number of strawberries per plant that is different from the
others? Use a 5% level of significance and be sure to verify the
requirements for the test.
Construct side-by-side boxplots of the data resulting from each
type of insecticide. Do they provide visual support for your
decision in part a? Explain.
(Hint: In StatCrunch under
Other options: select Draw
boxes horizontally. This will make the boxplots much
easier to analyze.)
Use the P-value Approach for all
hypothesis tests. Assume that all samples are randomly
obtained.
Four different types of insect – Quality Academic Essay Four different types of insecticides are used on strawberry plants. The number of strawberries on each randomly selected plant is given below.
Mr. Jackson, 68 years old, had Mr. Jackson, 68 years old, had a TURP this morning after having
been diagnosed with benign prostatic hypertrophy. Latest VS: T.
98.2, P. 88, R. 20, BP. 150/88, pulse ox 98%. The following post op
orders have been noted:
VS q4h I&O-qs
Antiembolic hose
Sequential Teds x 24hr
Up in chair this PM IV: lactated Ringer’s @
100mL/hr
IV site: RFA
3-way urinary catheter to gravity with continuous irrigation o
NS to keep UA free of clots Diet: Clear liquids this
PM
PRN Medication: B&O (Belladonna & O***m) supp.q4h prn
bladder spasms
As you enter the room, Mr. Jackson is alert, you notice that his
urinary bag is almost full with dark red urine and some blood
clots; the normal saline solution irrigation bag is empty.
Prioritize the five nursing interventions as you would do them
to take care of Mr. Jackson. Write in the number in the box to
identify the order of your interventions ( #1=first intervention,
#2=second intervention, etc.) and state an evidence-based rational
for each intervention (cite your source)
INTERVENTIONS PRIORITY # RATIONALE______
Take VS, assess pain level
Assess continuous urinary irrigation system
Empty urine bag
Perform a body system physical assessment
Hang a new normal saline solution irrigation bag
On the first postop day you assess the following on Mr.
Jackson:
1. VS: T 99.6, P 98, R 24, BP 154/90
2. Urinary catheter taped to thigh, urine pinkish, no
clots
3. Grimaces and says, “I didn’t think it would be this
tough.” States pain level 8 out of 10.
4. Further states, “I do not think s*x will ever be the
same.”
All of the following nursing diagnosis may apply to Mr.
Jackson
Risk for infection, Impaired tissue integrity, Excess fluid volume,
Deficient knowledge, Anxiety, risk for injury, Impaired urinary
elimination, Acute pain, Ineffective s*xuality pattern, Situational
low self-esteem, Urinary retention, Risk for bleeding
1. Select the ONE nursing diagnosis above that is of
priority at this time
2. Provide a rationale for your selection
3. List three nursing interventions that meet the needs
of Mr. Jackson
Nursing Diagnosis Rationale Nursing
Interventions
1.
2.
3.
The normal saline solution irrigation is discontinued at 12:00 noon
the first postop day. Toward the end of the shift (3:00 pm), you
assess the following on Mr. Jackson: complaints of pain. States
pain level 10, no output since3 12:00pm, abdominal distention, and
Mr. Jackson somewhat restless.
On the basis of the 3:00 assessment, identify and write the
priority problem in the box below. Then, starting with the small
box labeled #1, prioritize the nursing intervention for this
situation and identify your follow-up action plan for Mr. Jackson.
Priority Problem #1 #2 #3 #4 #5 #6
Nursing Interventions New Action Plan
A. Take the vital signs
B. Inform MD
C. Prepare to do a urinary irrigation
D. Give an antispasmodic
E. Place patient in low Fowler to semi-Fowler
position
F. Encourage fluids
Mr. Jackson, 68 years old, had – Quality Academic Essay Mr. Jackson, 68 years old, had a TURP this morning after having been diagnosed with benign prostatic hypertrophy. Latest VS: T. 98.2, P. 88, R. 20, BP. 150/88, pulse ox 98%. The following post op orders have been noted: VS q4h I&O-qs
Morry Games developed a new pl Morry Games developed a new play station called AWESOME. Morry
Games has a standard cost system to help control its costs. The
following standards have been established for AWESOME.
Direct materials 15 grams per AWESOME.
Standard direct material cost per AWESOME is $10.
Direct labour 1.2 hours per AWESOME.
Standard cost of direct labour is $14.40 per AWESOME.
During May the company produced 9,000 AWESOME units.
Production data for May are:
Direct materials: 165,000 grams were purchased at a cost of
$104,000; 20,000 grams of this was still in inventory at the end of
the month.
Direct labour: 11,400 direct labour hours were worked at a cost
of $142,500.
Required:
Calculate Direct materials price and quantity variances.
Calculate Direct labour price and quantity variances.
Are the variances computed in (a) and (b) linked? Provide a
brief commentary on the variances computed above, including
explanations regarding the price and the quantity variances for
Direct materials, and the price and the quantity variances for
Direct labours.
Morry Games developed a new pl – Quality Academic Essay Morry Games developed a new play station called AWESOME. Morry Games has a standard cost system to help control its costs. The following standards have been established for AWESOME.
An entrepreneur owns some land An entrepreneur owns some land that he wishes to develop. He
identifies two development options: build condominiums or build
apartment buildings. Accordingly, he reviews public records and
derives the following summary measures concerning annual
profitability based on a random sample of 35 for each such local
business venture. For the analysis, he uses a historical
(population) standard deviation of $21,800 for condominiums and
$19,600 for apartment buildings. Use Table 1. Sample 1 represents
condominiums and Sample 2 represents apartment buildings.
Condominiums Apartment Buildings x⎯⎯1 = $247,600 x⎯⎯2 = $235,900 n1
= 35 n2 = 35 a. Set up the hypotheses to test whether the mean
profitability differs between condominiums and apartment buildings.
H0: μ1 − μ2 = 0; HA: μ1 − μ2 ≠ 0 H0: μ1 − μ2 ≥ 0; HA: μ1 − μ2 <
0 H0: μ1 − μ2 ≤ 0; HA: μ1 − μ2 > 0 b. Compute the value of the
test statistic and the corresponding p-value. (Round "test
statistic" value to 2 decimal places and "p-value" to 3 decimal
places.) Test statistic p-value c-1. At the 10% significance level,
what is the conclusion to the test? H0. At either the 10%
significance levels, we conclude the mean profitability differs
between condominiums and apartment buildings. c-2. At the 1%
significance level, what is the conclusion to the test? H0. At
either the 1% significance levels, we conclude the mean
profitability differs between condominiums and apartment
buildings.
An entrepreneur owns some land – Quality Academic Essay An entrepreneur owns some land that he wishes to develop. He identifies two development options: build condominiums or build apartment buildings. Accordingly, he reviews public records and derives the following summary measures concerning annual profitability based on a random sample of 35 for each....
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