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The belief is that the mean number of hours per week of part-time work of high school seniors in a city is 10.5 hours. Data from a simple random sample of 22 seniors indicated that their mean number of parttime work was 12.3 with a standard deviation of 1.3. Test whether these data cast doubt on the current belief. (use " = 0.05)
Part a: State your null and alternative hypotheses.
Part b: Sketch the rejection region.
Part c: Calculate the test statistic. Plot this value in your sketch in part b.
Part d: Determine the P-value for your test.
Part e: State your conclusions clearly in complete sentences.
Renfro Rentals has issued bonds that have a 11% coupon rate, payable semiannually. The bonds mature in 6 years, have a face value of $1,000, and a yield to maturity of 9%. What is the price of the bonds? Round your answer to the nearest cent.
What will be your estimate of NPV and IRR if the average RDS sales price per unit must be reduced by 5 percent (from $10,900 per unit to $10,355 per unit) in order to sell the 18,000 proposed units that are being manufactured? Will you still recommen..
How much in new fixed assets are required to support this growth in sales? Assume the company maintains its current operating capacity.
Summarize the role of management as it relates to finance in a corporation. In your post, address the following: Indicate the various aspects of finance that management must understand. Describe why a manager needs to understand the characteristics a..
what does it mean to you to live an honest financial life ? provide an example of someone who has not live an honest
diamond window corporations sales half of which are for cashmarch april may140000 240000 160000a. estimate diamonds
Mack Industries just paid a dividend of $1 each share. Analysts expect the company's dividend to grow 20 percent this year, and 15 percent next year.
Find the annual interest rate
A lockbox plan is Answer used to protect cash, i.e., to keep it from being stolen. used to identify inventory safety stocks. used to slow down the collection of checks your firm writes. used to speed up the collection of checks received.
Develop a three-to four-page analysis, excluding the title page and reference pages, on the projected return on investment for your college education and profected future employment. This analysis will consist of two parts.
Explain mutually exclusive projects and Construct a choice table for interest rates from 0% to 100%
if you had a payment that was due you in 5 years for 50000 and you could earn a 5 rate of return how much would you
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