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You are a subcontractor bidding on a contract to provide car batteries to be sold at WalMart stores throughout Ohio for three years. You wish to enter a bid price that makes your NPV exactly $0. You have completed Steps 1-3 of the process explained at the end of the Chapter 11 slides and you find that you need to generate an annual OCF of $275,587.20 to get exactly NPV=0. Solve for the price per battery that you need to charge using the following information:  Quantity: [q] batteries per year Variable costs: $37 per battery Fixed costs: $585,000 per year Tax rate: 21% Depreciation: $200,000 per year Enter your answer in dollars and cents.

Why is a small sample size problematic in statistical studies? 

Which fallacy most represents the statement below: Either we make the costly repairs to North Hall, or we just tear down the whole building.

When identifying value assumptions, what should a critical thinker focus on?

What does the concept of “rival causes” refer to in critical thinking? 

When analyzing a claim, what is the most effective way to resolve ambiguity? 

What is a red flag when evaluating the credibility of a research study? 

X 0 1 2 3 4 p(X) 0.07 0.15 0.45 0.25 0.08   Given the probability distribution of X, estimate the following: a. Mean (4 points) b. Variance (4 points) c. Standard deviation (2 points)

If a random variable X has the log-normal distribution with average of -1 and standard deviation of 2: a. Find the mean and standard deviation of X. (3 points) b. Find the probability that the random variable X will take on a value between 3.2 and 8.4 (3 points) c. Find the probability that the random variable X will take on a value greater than 5 (4 points)

A force of 20 lb stretches a spring from a natural length of 7 inches to a length of 12 inches. How much work was performed in stretching the spring to this length?