Don't drink and drive: A highway safety council reported that there were 3992 fatalities among drivers in auto accidents in a particular year. Following is a frequency distribution of their ages. Approximate the mean age. Round your answer to one decimal place. Age Number of Fatalities 11-20 327 21-30 1545 31-40 860 41-50 691 51-60 423 61-70 146

Don't drink and drive: A highway safety council reported that there were 3992 fatalities among drivers in auto accidents in a particular year. Following is a frequency distribution of their ages. Approximate the mean age. Round your answer to one decimal place. Age Number of Fatalities 11-20 327 21-30 1545 31-40 860 41-50 691 51-60 423 61-70 146

Essentials of Business Analytics (MindTap Course List)

2nd Edition

ISBN:9781305627734

Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Chapter6: Statistical Inference

Section: Chapter Questions

Problem 44P: The Port Authority also wants to determine if the gender profile of its customers has changed since...

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The Port Authority also wants to determine if the gender profile of its customers has changed since last year, when 59.4% of its orders placed were placed by males. The genders for a sample of 49,896 orders placed this year are collected and recorded in the file PortAuthority. a. Formulate hypotheses that can be used to test whether the proportion of orders placed by male customers this year differs from the proportion of orders placed by male customers placed last year. b. Use the data in the file PortAuthority to conduct your hypothesis test. What is the p value for your hypothesis test? At = 0.05, what is your conclusion?
1) a refrigerator manufacturer received the following complaints from purchases of new refrigerators Defect Frequency Percentage Cumulative Percentage Dent in door 16 Door seal 12 Damaged box 8 Faulty light 6 Wiring defect 2 Refrigerant leak 1 Total 45 --------------- i) fill in the percentage and cumulative percentage columns in the table above ii) draw an accurate pareto chart for this information
Domestic
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Sandhill Legler requires an estimate of the cost of goods lost by fire on March 9. Merchandise on hand on January 1 was $ 37,240. Purchases since January 1 were $ 70,560; freight-in, $ 3,332; purchase returns and allowances, $ 2,352. Sales are made at 33 1/3% above cost and totaled $ 111,000 to March 9. Goods costing $ 10,682 were left undamaged by the fire; remaining goods were destroyed.
Sandhill Legler requires an estimate of the cost of goods lost by fire on March 9. Merchandise on hand on January 1 was $ 37,240. Purchases since January 1 were $ 70,560; freight-in, $ 3,332; purchase returns and allowances, $ 2,352. Sales are made at 33 /3% above cost and totaled $ 111,000 to March 9. Goods costing $ 10,682 were left undamaged by the fire; remaining goods were destroyed. (a) Compute the cost of goods destroyed. (Round gross profit percentage and final answer to 0 decimal places, e.g. 15% or 125.) Cost of goods destroyed $
Crane Legler requires an estimate of the cost of goods lost by fire on March 9. Merchandise on hand on January 1 was $48,640. Purchases since January 1 were $92,160; freight-in, $4,352; purchase returns and allowances, $3,072, Sales are made at 33 ¹/3% above cost and totaled $153,000 to March 9. Goods costing $13,952 were left undamaged by the fire; remaining goods were destroyed. (a) Compute the cost of goods destroyed. (Round gross profit percentage and final answer to 0 decimal places, e.g. 15% or 125.) Cost of goods destroyed
A company designs and sells high-end stereo equipment for auto and home use. Engineers notified management in December Year 1 of a circuit flaw in an amplifier that poses a potential fire hazard. Further investigation indicates that a product recall is probable, estimated to cost the company $3.1 million. The fiscal year ends on December 31. 4. What entry, if any, should be recorded? (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions (i.e. 5.5 should be entered as 5,500,000).) View transaction list Journal entry worksheet 1 > Record the contingent liability if needed. Note: Enter debits before credits. Transaction General Journal Debit Credit 1
Sunland Legler requires an estimate of the cost of goods lost by fire on March 9. Merchandise on hand on January 1 was $44,840. Purchases since January 1 were $84,960; freight-in, $4,012; purchase returns and allowances, $2,832. Sales are made at 33 1/3% above cost and totaled $138,000 to March 9. Goods costing $12,862 were left undamaged by the fire; remaining goods were destroyed.
Blossom Legler requires an estimate of the cost of goods lost by fire on March 9. Merchandise on hand on January 1 was $39,520. Purchases since January 1 were $74,880; freight-in, $3,536; purchase returns and allowances, $2,496. Sales are made at 33 1/3% above cost and totaled $117,000 to March 9. Goods costing $11,336 were left undamaged by the fire; remaining goods were destroyed. Compute the cost of goods destroyed = ? Compute the cost of goods destroyed, assuming that the gross profit is 33 1/3% of sales = ?
Performance Bike Co. is a wholesaler of motorcycle supplies. An aging of the company’s accounts receivable on December 31 and a historical analysis of the percentage of uncol-lectible accounts in each age category are as follows: Age interval Balance percent uncollectible __________________________________________________________________________________ Not past due $3,250,000 0.8% 1-30 day past due 1,050,000 2.4 31-60 day past due 780,000 7.0 61-90 day past due 320,000 18.0 91-180 day past due 240,000 34.0 over 180 day past due 150,000 85.0 $5,790,000 Estimate the proper balance of…
Sheridan Legler requires an estimate of the cost of goods lost by fire on March 9. Merchandise on hand on January 1 was $44,080. Purchases since January 1 were $83, 520; freight - in, $3, 944; purchase returns and allowances, $2,784. Sales are made at 33 1/3% above cost and totaled $135,000 to March 9. Goods costing $12, 644 were left undamaged by the fire; remaining goods were destroyed