Share
Explore BrainMass

Business Math

Statistics: Regression, Scatter Plot, Bar Chart, Chi-square

Please show step by step how to perform using EXCEL or hand computations. Below are revenue and profit (both in $ billions) for nine large entertainment companies. (a) Make a scatter plot of profit as a function of revenue. (b) Use Excel to fit the regression, with fitted equation and R2. (c) In your own words, describe the f

Statistics: Various Probability Questions

Chapter 5 8. A sample of 2,000 licensed drivers revealed the following number of speeding violations. Number of Violations Number of Drivers 0 1910 1 46 2 18 3 12 4 9 5 or more 5 Total 2000 a. What is the experiment? b. List one possible event. c. What is the probability th

STATISTICS: Probability Problems

8.A sample of 2,000 licensed drivers revealed the following number of speeding violations. Number of Violations Number of Drivers 0 1,910 1 46 2 18 3 12 4 9 5 or more 5 Total 2,000 What is the experiment? List one possible event. What is the probability that a particular driver had exactly

Regression and Correlation Statistical Techniques

1. We use Microsoft EXCEL to quickly graph and compute the essential output of these techniques. What are the advantages and disadvantages of using EXCEL for regression and correlation statistical techniques? Or alternatively, is there any advice you would like to give the newbie in using this EXCEL tool? 2. Linear Regression

Statistics in business - (a) Plot the data on U.S. general aviation shipments. (b) Describe the pattern and discuss possible causes. (c) Would a fitted trend be helpful? Explain. ... [See the attached question file.]

(a) Plot the data on U.S. general aviation shipments. (b) Describe the pattern and discuss possible causes. (c) Would a fitted trend be helpful? Explain. (d) Make a similar graph for 1992-2003 only. Would a fitted trend be helpful in making a prediction for 2004? (e) Fit a trend model of your choice to the 1992-2003 da

Determining Earnings Per Share for Johnson Alarm Systems

Johnson alarm systems had $800,000 of retained earnings on December 31, 2004. The company paid dividends of $60,000 in 2004 and had retained earnings of $640,000 on December 31, 2003. How much did Johnson earn during 2004, and what would earnings per share be if 50,000 shares of common stock were outstanding?

Estimate the average annual expenses of students

To estimate the average annual expenses of students on books and class materials a sample of size 36 is taken. The average is $850 and the standard deviation is $54. A 99% confidence interval for the population mean is

Hypothesis Testing: TV network probability for cancelling a show

A television network decides to cancel one of its shows if it is convinced that less than 14% of the viewing public are watching this show. a. If a random sample of 1500 households with televisions is selected, what sample proportion values will lead to this show's cancellation? Assume a 5% significance level? b. What is t

Accounting Word Problem

Please Help with homework 1.J. T. Drive-In is a fast-food restaurant that sells burgers and hot dogs in a 1950s environment.The fixed operating cost of the company is $20,000 per month. The owner wants all costs allocated to either the sale of burgers or hot dogs. Other items, mostly drinks and fries, are sold in equal propor

Probability: Type of Beer for blue-collar vs white-collar worker

A local beer producer sells two types of beer, a regular brand, and a light brand with 30% fewer calories. The company's marketing department wants to verify that its traditional approach to appealing to local white-collar workers with light beer commercials and appealing to local blue-collar workers with regular beer commercial

Probability: gauge married women's participation in the workplace

In a study designed to gauge married women's participation in the workplace today, the data provided in the attached file are obtained from a sample of 750 randomly selected married women. Consider a woman selected at random from this sample in aswering the following questions: a)what is the probablity that this randomly sele

Probability: Employee exercising at lunch hour

Suppose that 18% of the employees at a given corporation engage in physical exercise activities during the lunch hour. Moreover, assume that 57% of all employees are male, and 12% of all employees are males who engage in physical exercise activities during the lunch hour. a)if we choose an employee at random from this corpora

Accounting

Help with practice problems. 1.Given the following year-end balances, prepare an income statement, statement of retained earnings, and a classified balance sheet. Accounts payable $2,550 Accounts receivable 3,550 Accumulated depreciation 6,250 Beginning retained income 6,450 Cash 2,300 Cost

Accounting

1.The following information was gathered for Wellington Company: Budgeted direct-labor hours 75,000 Actual direct-labor hours 77,500 Budgeted factory overhead $525,000 Actual factory overhead $538,000 Assume that direct-labor hours is the cost driver. Compute: a.Budgeted factory-overhead rate b.Fac

Business Math

See attached for proper formatting MATHS -SPECIAL/1 MA115 Business Problem Solving DIRECTIONS: Please answer the following essay question using your own paper. Keep a copy of your work and include your name and student number on every page. Managers at ANP Company are trying to determine an inventory policy for the c

Pick a country of your choice that is experiencing population growth.

Pick a country of your choice that is experiencing population growth. Using the Library, web resources, and/or other materials to find the most recent population count of the country you have chosen and the population growth rate of that country. Use that growth rate to approximate the population in the year 2012. Solve the prob

Common size statement

I need to create a common size statement for Southwest Airlines. Can I get a step by step instruction please. I know it has to deal with percentages.

Accounting - money saved

Jackson Company manufactures a part for its production cycle. The costs per unit for 20,000 units of this part are as follows: Direct materials $15 Direct labor 12 Variable factory overhead 20 Unavoidable fixed factory overhead 18 Total cost $65 The Jackson Company has been approached by a supplier who clai

Important Information About Mixed Cost

The Tyson Company has provided the following information: Direct Month Factory Labor Hours Overhead January $92,095 4,600 February 103,056 5,280 March 83,802 3,760 April 89,594 4,320 May 108,694 5,720 June 87,404 3,880 a. Using th

Revision Estimate for Probability of Finding Gas

A local energy provider offers a landowner $180,000 for the exploration rights to natural gas on a certain site and the option for future development. This option, if exercised, is worth an additional $1,800,000 to the landowner, but this will occur only if natural gas is discovered during the exploration phase. The landowner, b

3 Varied Rational Functions Plotted on Same Graph

One of the advantages of rational functions is that even rational functions with low-order polynomials can provide an excellent fit for complex experimental data. Linear-to-linear rational functions have been used to describe earthquake plates. As another example, a linear-quadratic fit has been used to describe lung functio

Pick a country of your choice that is experiencing population growth....

Pick a country of your choice that is experiencing population growth. Using the Library, web resources, and/or other materials to find the most recent population count of the country you have chosen and the population growth rate of that country. Use that growth rate to approximate the population in the year 2009. Show how each

Profit objective

A potato vendor charges $4.90 per spud sold.The stall has a Fixed cost of $500 per week. The variable cost of each potato sold is $1.50. How may potatoes must the stall sell in order to achieve a profit objective of $750 per week ?

Shared work

It takes a computer 8 days to print all of the personalized letters from a national sweepstakes. A new computer is purchased that can do the same job in 5 days. How long would it take to do the job with both computers working on it?

How much gasoline is consumed each day in the United States?

Gasoline accounts for 85% of the motor fuel consumed in the United States every day. If 8,882 thousand barrels (bbl) of motor fuel is consumed each day, how much gasoline is consumed each day in the United States? Round to the nearest barrel.

Accounting

Assignment Type: Discussion Board Deliverable Length: 1-2 paragraphs For each of the following items, give an example of a business transaction that has the described effect on the accounting equation: Increase an asset and increase a liability. Increase one asset and decrease another asset. Decrease an asset