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Setler [38]
3 years ago
11

3. The policy of the Philadelphia Transit Authority is to add a bus route if at least 60% of the potential customers indicate th

at they would use the new route. A sample of 150 potential commmuters showed that 85 would use the new route from the suburbs to downtown. Should the new route be added? Use a 1% level of significance. What is the p-value for this test? What is your conclusion?

Business
1 answer:
Aneli [31]3 years ago
3 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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You just purchased two coins at a price of $790 each. Because one of the coins is more collectible, you believe that its value w
Novosadov [1.4K]

Answer:

$3,233.12

Explanation:

Data given in the question

Purchase value of two coins = $790

First coin rate = 7.3%

Second coin rate = 6.7%

So, after considering the above information, the amount worth in 20 years

= Purchase value of two coins ×(1 + interest rate)^number of years

= $790 × (1 + 0.073)^20

= $790 × 4.0925541961

= $3,233.12

4 0
3 years ago
Question Number 4) A tool The Weather Channel uses to tell them what are the key elements of the role and what is the compensati
Sladkaya [172]

Answer:

I believe is the correct answer

Explanation:

weather indicator(s)

4 0
2 years ago
The prepaid insurance account had a balance of $3,000 at the beginning of the year. The account was debited for $32,500 for prem
exis [7]

Answer:

1.  Insurance expense A/c Dr $30,700

          To Prepaid insurance A/c $30,700

(Being the insurance expense is adjusted)

2. Insurance expense A/c Dr $30,700

          To Prepaid insurance A/c $30,700

(Being the insurance expense is expired)

Explanation:

The journal entries are shown below:

1. Insurance expense A/c Dr $30,700

          To Prepaid insurance A/c $30,700

(Being the insurance expense is adjusted)

The computation is shown below:

= Balance in  prepaid insurance account + premiums on policies purchased - unexpired insurance applicable

= $3,000 + $32,500 - $4,800

= $30,700

2. Insurance expense A/c Dr $30,700

          To Prepaid insurance A/c $30,700

(Being the insurance expense is expired)

7 0
2 years ago
A stock had returns of 9.62 percent, −14.65 percent, 19.85 percent, 25.35 percent, and 7.65 percent over the past five years. Wh
dybincka [34]

Answer:

The geometric average return for this stock was <u>8.64%</u>.

Explanation:

Geometric average return refers to the return which will result in the correct compounded dollars at the end of the time period.

Geometric average return can be computed using the following formula:

Geometric average return = {[(1 + r1)(1 + r2) ... (1 + rn)]^(1/n)} - 1 ......... (1)

Where r is returns from year 1 to year n.

For the stock in the question, we have:

r1 = 9.62%, 0.0962

r2 = -14.65%, or -0.1465

r3 = 19.85%, or 0.1985

r4 = 25.35%, or 0.2535

r5 = 7.65%, or 0.0765

n = 5

Substituting the values into equation (1), we have:

Geometric average return = {[(1 + 0.0962)(1 - 0.1465)(1 + 0.1985)(1 + 0.2535)(1 + 0.0765)]^(1/5)} - 1

Geometric average return = {1.51310732605096^0.20} - 1

Geometric average return = 0.0864, or 8.64%

Therefore, the geometric average return for this stock was <u>8.64%</u>.

5 0
3 years ago
True or false created during the great depression, the federal deposit insurance program resulted in a large number of bank fail
Ainat [17]
False. This is not a true thing.
7 0
3 years ago
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