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GarryVolchara [31]
3 years ago
10

The histogram and box plots below show the distribution of finishing times for male and female winners of the New York Marathon

between 1970 and 1999.
Business
1 answer:
weeeeeb [17]3 years ago
6 0

Answer:

Kindly check explanation

Explanation:

A.)

From the histogram, the number of runners who made a certain range of Runtime can be easily deduced on the y-axis of the histogram, which isn't possible on the boxplot.

Summary statistic such as lower quartile, median and upper quartile statistics including outliers can be deduced easily from the boxplot.

B.)

Bimodal distribution occurs when two different groups or class have the highest number of values in a distribution.

C.)

The distribution of marathon times for men is fairly normally distributed while that if women is skewed.

The minimum and maximum values in the women's distribution is greater than the minimum and maximum values in the men's distribution.

The women's distribution has greater variance than the men's distribution. (greater range value).

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Researchers sample 4 comma 0004,000 households concerning tv shows they watch. based on the sample 1616​% reported watching 60 m
arlik [135]
Given:
n = 4000, sample size
p = 16% = 0.16, the proportionof theose who watch60 minnures.
Confidence interval (CI) = 95%

The z* parameter is 1.96 for 95% CI, so the confidence interval is
p \pm z* \sqrt{ \frac{p(1-p)}{n} }
That is
0.16 +/- 1.96*√[(0.16*0.81)/4000]
= 0.16 +/- 0.114
= (0.1486, 0.1714)

Answer:
The 95% confidence interval is approximately (15%, 17%) or 15% ≤ p ≤ 17%.

Note:
To correct for the fact that we are using a discrete distribution to match a continuous distribution, it is customary to subtract 0.5/n from the lower limit and to add it to the upper limit.
If this correction is applied, the 95% confidence interval becomes
(0.1486-0.5/4000, 0.1714+0.5/4000)
= (0.1485, 0.1715)
or
15% ≤ p ≤ 17%
The correction does not affect the result in a significant way.

7 0
3 years ago
Bruce & Co. expects its EBIT to be $100,000 every year forever. The firm can borrow at 11 percent. Bruce currently has no de
zhenek [66]

Answer:

15.16 percent

Explanation:

Debt Equity ratio measures the ratio of the debt to its equity.

Formula for debt equity ratio is as follow

Debt / Equity ratio = Debt of the company/ Equity of the company

As per given data

Equity = $383,333.33 + 0.31($61,000) = $402,243

Debt = $61,000

Placing values in the formula

Debt / Equity ratio = $61,000 / $402,243

Debt / Equity ratio = 15.16%

3 0
4 years ago
Magazine sells subscriptions for for issues. The company collects cash in advance and then mails out the magazines to subscriber
Over [174]

Answer:

a. It should record revenue on a monthly basis

The Revenue Recognition principle in accounting posits that revenue should only be recognized after the goods and services that the revenue was paid for, have been delivered.

Seacoast Magazine has not delivered the magazine and will do so monthly for 18 months. It should therefore apportion profits to those months and only recognize the profit after the magazines are delivered.

b. Amount of revenue for 8 issues:

= 36/ 18 issues * 8 issues

= 2 * 8

= $16

8 0
3 years ago
Assume that the price elasticity of demand for movie theatres is -.85 during the evening shows but for afternoon shows the price
geniusboy [140]

Answer:

The correct answer is option B.

Explanation:

A price elasticity of demand is always negative for normal goods. It indicates that the price increase causes demand to fall.

The price elasticity less than 1 means demand is less elastic or inelastic. In other words, a change in price will lead to a smaller change in demand.

Similarly, a price elasticity greater than 1 means demand is highly elastic. So a change in price will lead to a greater change in demand.

Since, afternoon shows have less elastic or inelastic demand, the theatre should charge higher price for them.

While, the evening shows are highly elastic so the theatre should charge lower price.

In this way theatre can maximize total revenue.

4 0
3 years ago
Patrick, an attorney, is the sole shareholder of Gander Corporation, a C corporation. Gander is a personal service corporation w
Step2247 [10]

Answer:

Therefore, the Salary that Gander Corporation Pay Patrick during the Period without Negative Tax effects is $15,000.

Explanation:

Calculation of the Salary that Gander Corporation Pay Patrick during the Period:

December 1 through December 31 of the Current Year is One Month, They have to Pay 1/12 of the following year tax:

The salary for the deferral period (December 1 through December 31) must be at least proportionate to the employee’s salary received for the fiscal year.

Gander Corporation must pay the amount to Patrick during the Period December 1 through December 31, to permit the continued use of its fiscal year without negative tax effects is as follows,

$180,000 *1/12 = $15,000

4 0
4 years ago
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