The US States that rely on sales tax for revenue to fundeducation, public safety, and other programs often end upwith budget surpluses during economic growth periods(when people spend more on consumer goods) andbudget deficits during recessions (when people spend lesson consumer goods). Fifty-one small retailers in a statewith a growing economy were recently sampled. Thesample showed a mean increase of $2350 in additionalsales tax revenue collected per retailer compared to theprevious quarter. The sample standard deviation is equalto $425. What does $2350 denote in the above description?Sample MeanSample ProportionPopulation MeanPopulation Proportion

The objective of the question is to identify what the value of $2350 represents in the context of…

Answered: The US States that rely on sales tax…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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. In an upcoming decision to relocate, a new graduate’s decision on location choice comes down to housing prices. The following data are the monthly rental prices for a sample of unfurnished studio apartments in Concord, New Hampshire, and a sample of unfurnished studio apartments in Charleston, West Virginia: Concord$955 $980 $940 $975 $965 $990 $1,240 $1,120Charleston$725 $705 $695 $725 $690 $745 $575 $800a. For each set of data, compute the mean, median, mode, range, standard deviation, and coefficient of variation. b. What conclusions can you draw about unfurnished studio apartments renting in Concord versus Charleston? Compare and contrast.
1) "Conservationists have despaired over destruction of tropical rain forest by logging, clearing, and burning." These words begin a report on a statistical study of the effects of logging in Borneo. Here are data on the number of tree species in 12 unlogged forest plots and 9 similar plots logged 8 years earlier: Unlogged 22 18 22 20 15 21 13 13 19 13 19 15 Logged 17 4 18 14 18 15 15 10 12 Use the data to give a 90% confidence interval for the difference in mean number of species between unlogged and logged plots. Compute degrees of freedom using the conservative method. Interval: to
A social worker in South Phoenix delivered an intervention on financial literacy. The program is six weeks long (one hour per week). She collected pre and post- test surveys in order to determine if participants’ knowledge on financial literacy increased due their involvement in the program. Review the table below and answer the following questions. Table 1. Financial literacy intervention change from pre to post test M SD t p Financial Literacy Knowledge 5.04 .001 Pre test 7.25 1.78 Post test 8.42 1.20 1. Was a dependent or independent t-test used to analyze the data? How do you know?
A regional planner employed by a public university is studying the demographics of nine counties in the eastern region of an Atlantic seaboard state. She has gathered the following data: County Median Income Median Age Coastal A $ 48,725 55.3 1 B 48,383 53.7 1 C 46,862 46.5 1 D 48,777 57.9 0 E 36,339 43.4 0 F 37,618 40.3 0 G 37,495 37.2 0 H 38,301 31.2 1 I 37,705 32.5 1 a. Is there a linear relationship between the median income and median age? (Round your answer to 3 decimal places.) b. Which variable is the "dependent" variable? multiple choice 1 Median Age Median Income c-1. Use regression analysis to determine the relationship between median income and median age. (Round your answers to 2 decimal places.) c-2. Interpret the value of the slope in a simple regression equation. (Round your answer to 2 decimal places.) d. Include the aspect that the county is "coastal" or not in a multiple…
Socially conscious investors screen out stocks of alcohol and tobacco makers, firms with poor environmental records, and companies with poor labor practices. Some examples of "good," socially conscious companies are Johnson and Johnson, Dell Computers, Bank of America, and Home Depot. The question is, are such stocks overpriced? One measure of value is the P/E, or price-to-earnings ratio. High P/E ratios may indicate a stock is overpriced. For the S&P Stock Index of all major stocks, the mean P/E ratio is ? = 19.4. A random sample of 36 "socially conscious" stocks gave a P/E ratio sample mean of x = 17.7, with sample standard deviation s = 5.2. Does this indicate that the mean P/E ratio of all socially conscious stocks is different (either way) from the mean P/E ratio of the S&P Stock Index? Use ? = 0.05. (a) What is the level of significance?State the null and alternate hypotheses. H0: ? = 19.4; H1: ? < 19.4H0: ? ≠ 19.4; H1: ? = 19.4 H0: ? = 19.4; H1: ? ≠ 19.4H0: ?…
Benchmarks. Examine the following tables from the 2009 Financial Trend Monitoring Report for the Town of Oakdale that reports on fiscal year 2008. The performance indicators selected are total revenue and revenue per capita. The town provides three reference groups with which to compare Oakdale: Aaa-rated municipalities, comparison municipalities, and the state median. Since local government budgeting in this state is driven by the property tax levy cap, this is a key variable in comparing municipalities. Aaa-Rated Municipality FY08 Total Revenue FY08 Rev per Cap State Rank Comparison Municipality FY08 Total Revenue FY08 Rev per Cap State Rank Delta $ 49,794,904 $4,342 12 Dover $356,895,723 $3,521 27 Monroe 111,784,312 3,683 21 Oakdale 175,058,152 3,065 45 Schoolcraft 47,219,656 3,605 24 Cook 71,477,390 2,954…
4. Straight As now, healthy later A study by Pamela Herd of the University of Wisconsin-Madison found a link between high-school grades and health. Analyzing data from the Wisconsin Longitudinal Study, which has tracked the lives of thousands of Wisconsin high-school graduates from the class of 1957, Herd found that students with higher grade-point averages were more likely to say they were in excellent or very good health in their early 60s. Does this mean people will live healthier lives if they increase their GPA? Explain.47
Socially conscious investors screen out stocks of alcohol and tobacco makers, firms with poor environmental records, and companies with poor labor practices. Some examples of "good," socially conscious companies are Johnson and Johnson, Dell Computers, Bank of America, and Home Depot. The question is, are such stocks overpriced? One measure of value is the P/E, or price-to-earnings ratio. High P/E ratios may indicate a stock is overpriced. For the S&P Stock Index of all major stocks, the mean P/E ratio is ? = 19.4. A random sample of 36 "socially conscious" stocks gave a P/E ratio sample mean of x = 17.8, with sample standard deviation s = 5.8. Does this indicate that the mean P/E ratio of all socially conscious stocks is different (either way) from the mean P/E ratio of the S&P Stock Index? Use ? = 0.05. I need help with sketching (d) and (e)
An economist wonders if corporate productivity in some countries is more volatile than in other countries. One measure of a company's productivity is annual percentage yield based on total company assets.A random sample of leading companies in France gave the following percentage yields based on assets. 4.3 5.1 3.8 3.6 2.2 3.5 2.8 4.4 5.7 3.4 4.1 6.8 2.9 3.2 7.2 6.5 5.0 3.3 2.8 2.5 4.5 Use a calculator to verify that the sample variance is s2 ≈ 2.042 for this sample of French companies.Another random sample of leading companies in Germany gave the following percentage yields based on assets. 3.3 3.9 3.7 4.6 5.1 5.5 5.0 5.4 3.2 3.5 3.7 2.6 2.8 3.0 3.0 2.2 4.7 3.2 Use a calculator to verify that s2 ≈ 1.024 for this sample of German companies.Test the claim that there is a difference (either way) in the population variance of percentage yields for leading companies in France and Germany. Use a 5% level of significance. How could your test conclusion relate to the…
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A sample of 35 liberal-arts graduates yielded the following starting annual salaries. Data are in thousands of dollars, rounded to the nearest hundred dollars. 49.0 45.8 50.3 49.6 50.0 47.7 51.8 47.3 46.7 47.0 48.1 50.1 43.6 48.0 47.7 49.8 46.4 46.1 48.5 48.9 48.2 48.1 46.2 47.3 51.7 49.0 48.2 49.9 48.1 49.8 49.5 50.4 45.3 45.3 46.5 Construct a stem-and-leaf plot on a separate sheet of paper and answer the following questions based on your plot. a) Yes or No, the stems range from 43 to 51, inclusive. b) Yes or No, The stem 44 has no values associated with it. c) Yes or No, There are no commas in my stem and leaf plot. c) What is the shape of the distribution?
The price per share of stock for a sample of 25 companies was recorded at the beginning of the first financial quarter and then again at the end of the first financial quarter. How stocks perform during the first financial quarter is an indicator of what is ahead for the stock market and the economy. Company End of 1st quarter Beginning of 1st quarter Bank of New York Mellon 54.19 53.82 Kraft Foods 55.70 77.02 E.I. du Pont de Nemours and Company 102.57 109.00 Consolidated Edison 79.95 83.58 Johnson & Johnson 126.01 139.23 Union Pacific 132.73 135.78 Comcast 32.06 41.07 Applied Materials 50.91 53.04 Pfizer 35.40 36.44 General Electric 14.05 17.98 AT&T 32.54 38.54 Cisco Systems 44.83 38.86 Home Depot 184.63 188.03 JP Morgan Chase 108.78 107.95 Procter & Gamble 71.96 90.65 Verizon 48.82 53.53 Devon Energy 36.20 42.23 Lilly 79.07 84.68 Microsoft 95.00 85.95 Coca Cola 42.59 45.59 Qualcomm 50.82 65.20 Exxon Mobil Corporation 76.95…

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