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strojnjashka [21]
3 years ago
9

A researcher wanted to determine the mean number of hours per week (Sunday through Saturday) the typical person watches televisi

on. Results from the Sullivan Statistics Survey I indicate that s = 7.5 hours.
(a) How many people are needed to estimate the number of hours people watch television per week within 2 hours with 95% confidence?


(b) How many people are needed to estimate the number of hours people watch television per week within 1 hour with 95% confidence?


(c) What effects does doubling the required accuracy have on the sample size?


(d) How many people are needed to estimate the number of hours people watch television per week within 2 hours with 90% confidence? Compare this result to part (a). How does decreasing the level of confidence in the estimate affect sample size? Why is this reasonable?
Business
1 answer:
GarryVolchara [31]3 years ago
4 0

Answer:

A.) 54 subjects

B.) 216 subjects

C.) doubling the accuracy results in 4 times the sample size

D.) 38 subjects

Decreasing confidence level decreases sample size. For fixed error margin, the lower the confidence level, the lower the sample size

Explanation:

Standard deviation (s) = 7.5 hours

A.)

Error margin 'E' = 2

Confidence level = 0.95

α = 1 - 0.95 = 0.05, α/2 = 0.025

Z - value at α/2 = 0.025 = 1.96

Sample size = [(1.96 × 7.5)/2]^2

Sample size = 7.35^2 = 54.022

54 subjects

B.) E = 1

Sample size = [(1.96 × 7.5)/1]^2

Sample size = 14.7^2 = 216.09

216 subjects

C.) from the above, doubling the accuracy results in 4 times the sample size.

D.) Using a confidence interval of 90%

Error margin 'E' = 2

Confidence level = 0.90

α = 1 - 0.90 = 0.1, α/2 = 0.05

Z - value at α/2 = 0.05 = 1.645

Sample size = [(1.645 × 7.5)/2]^2

Sample size = 6.16875^2 = 38.05

=38 subjects

Decreasing confidence level decreases sample size. For fixed error margin, the lower the confidence level, the lower the sample size

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High Flyer, Inc., wishes to maintain a growth rate of 16.75 percent per year and a debt–equity ratio of 1.05. The profit margin
mylen [45]

Answer:

The dividend payout ratio is -48.12%

The Sustainable growth rate is 16.74%

Explanation:

In order to calculate the dividend payout ratio we would have to calculate the following formula:

growth rate=(ROE x dividend payout ratio ) / [ (1 - (ROE x dividend payout ratio))

To calcuate the ROE we would have to use the following formula:

ROE=Profit margin x Total asset turnover x Equity multiplier

ROE=0.045 x 1.05 x (1 + 1.05)

ROE=0.0968625

Therefore, dividend payout ratio would be calculated as follows:

0.1675 = (0.0968625 x dividend payout ratio) / [ 1 - (0.0968625 x dividend payout ratio))

0.1675 = 0.0968625 dividend payout ratio / (1 - 0.0968625 dividend payout ratio)

0.1675 - 0.016224469 dividend payout ratio = 0.0968625 dividend payout ratio

0.1675 = 0.113086969 dividend payout ratio

dividend payout ratio=1.481160928

Therefore, dividend payout ratio=1-1.481160928

dividend payout ratio=-48.12%

To calculate the Sustainable growth rate we would have to calcilate the following formula:

Sustainable growth rate=ROE*b/1-ROE*b

Sustainable growth rate=0.0968625*1.481160928/1-0.0968625*1.481160928

Sustainable growth rate=0.14346895/1-0.14346895

Sustainable growth rate=0.14346895/0.85653105

Sustainable growth rate=16.74%

8 0
4 years ago
A. Identify a profession b. In not more than 60 words, describe the "art" and "science" of such profession in (a).
zheka24 [161]

Answer:

Comedy as a Profession is a great example.

Explanation:

The science of it is related to the psychology of what makes people laugh.

If studied, one would realize that there are certain things that are bound to make people laugh (all things being equal). An example is when a person makes fun of themself to an audience.

To explain this, scientists have stated that it is inherent in humans to laugh at the misfortune of others. However, this is just a theory and does not explain why we laugh at other kinds of comedy.

A plausible explanation (which is more recent in the parlance of psychology) is that people also laugh when certain expectations are defied in a very witty manner.

As a professional stand-up comedian, knowing all the rules and tricks is just one part of the coin. Being able to, either by practice or repeated efforts during practice, internalize these principles, practice them and effectively use them is the artistic part of the picture.

There those who are gifted naturally with a principle thought process that elicits laughter from others, would be termed hilarious. However, to make a living out of comedy, one would need to fully understand the principles and practice to deliver them as naturally as possible.

Another paradigm to the art of comedy is that, it has to be very witty. Wit many times may come with an element of suprise... a new angle that was previously "unthought" of.

Cheers!

6 0
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Expert power is a function of the amount of knowledge one possesses relative to the rest of the members of a group.
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irga5000 [103]

D is the correct answer.

Servant leaders can't lead if subordinates are not open to being guided.

Please vote my answer brainliest. thanks!

6 0
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Mar. 17 Received $275 from Shawn McNeely and wrote off the remainder owed of $1,000 as uncollectible.
kogti [31]

Answer: Please see the required journals below:

Mar. 17:

Debit Allowance for doubtful accounts $1,000

Credit Accounts receivable $1,000

July 29:

Debit Cash $1,000

Credit Bad debt recovery (income statement) $1,000

Explanation: On March 17, when $275 was received from Shawn and the remaining balance of $1,000 was written off, the allowance for doubtful accounts has to be debited since the company adopts the allowance method of accounting for uncollectible receivables. Note that the allowance account would have the required buffer to take care of this debit. Similarly, when the recovery was made, cash would be debited then the credit would default to income statement.

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