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1. For a sample of 35 items from a population for which the standard deviation is C 5 20.5, the sample mean is 458.0. At the 0.05 level of significance, test H0: µ 5 450 versus H1: µ =! 450. Determine and interpret the p-value for the test.
2. For a sample of 12 items from a normally dis- tributed population for which the standard deviation is C 5 17.0, the sample mean is 230.8. At the 0.05 level of significance, test H0: µ # 220 versus H1: µ . 220. Determine and interpret the p-value for the test.
3. A quality-assurance inspector periodically examines the output of a machine to determine whether it is properly adjusted. When set properly, the machine pro- duces nails having a mean length of 2.000 inches, with a standard deviation of 0.070 inches. For a sample of 35 nails, the mean length is 2.025 inches. Using the 0.01 level of significance, examine the null hypothesis that the machine is adjusted properly. Determine and interpret the p-value for the test.
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
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Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
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