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A pet store manager claims that more than 65% of of U.S. households own a pet. A random sample of 600 U.S. households was taken and 382 said they own a pet. Use a significance level of 0.05 to test the claim made by the pet store manager a) State the alternative hypothesis [alt] b) Is this hypothesis test a left-tailed, right-tailed, or two-tailed test?  [tail] c) Calculate the test statistic [test] d) Calculate the p-value [pvalue] e) Come to a decision for the hypothesis test [decision] f) Interpret your decision [interpret]

A beverage company uses a machine to fill 16 ounce bottles of soda. The company wants to construct a 99% confidence interval for the average amount of soda per bottle What sample size should the company use for a sample for this confidence interval if the company wants to be within 0.5 ounces  Assume the population standard deviation for the machine is 1.25 ounces. [answer]  

A machine is set to fill milk containers with a mean of 64 ounces and a standard deviation of 1.5 ounces. A quality control engineer takes a random sample of 30 milk containers from the manufacturing line and calculates the sample mean for these 30 containers. a) Find the probability that the sample mean is less than 63.75 ounces. [less] b) Find the probability that the sample mean is between 63.5 and 64.5 ounces. [between]

———- Multiple Choice ———- Katt Crocorn and Kali Freeport are both expanding their businesses — Counterstrike Drums and Freeport Flowers, respectively. As they plan for growth, they want to understand how much funding their companies can generate automatically from normal operations and current liabilities. Which of the following does NOT affect the Spontaneously Generated Funds (SGF) for their companies?

———- Calculation ———- Below is the financial information for Blackburrow Tavern. Moby Kore, owner of Blackburrow Tavern, wants to increase Sales to $250,000. What are the Total Funds Needed (TFN)? Formulas A L OE Net Income / Net Sales (1 RR)T Rf β(Rm Rf) (FC Int) / (1 VCRR) (EBIT(1 T)) (WACCCI)  ((WACCCI)/(1 T) FC Dep)/(1 VCRR) (WeRe) ((WdRd)(1T)) (FC Dep) / (1 VCRR) (Net Sales COGS) / Net Sales) Re Rf β(MRP) Net Income / Avg Owners’ Equity Net Income / Avg total assets (Net Income Div) / Net Income Net Sales / Avg total assets Retention Ratio ROE (Total Assets / Net Sales) ( Sales) (TFN) (SGF) (RE) Net Profit Margin RR Sales (Aspiration) ((AP AL) / Net Sales) ( Sales) (P1  R1)  (P2  R2)  …  (Pn  Rn) (O1  S) / S   Net Income / Shares Outstanding  Stock Price / Earnings Per Share (End Value / Begin Value)(1/n) 1 Net Income  P/E Ratio Current Period Sales – Previous Period Sales Future Value / Value AP AL / (COGS / 365) Please Show Your Work

———- Multiple Choice ———- Kali is also considering selling shares of Freeport Flowers to raise capital. Investors want to understand the overall risk of investing in the shop. Which of the following is used to measure the total riskiness of an investment, including both systematic and unsystematic risk?

———- Fill-in-the-Blank ———- Katt is raising capital for his new company, Counterstrike Drums. Investors want to understand the type of risk associated with owning the company’s shares. measures the portion of Counterstrike Drums’ risk that is systematic and cannot be eliminated through diversification.

———- Calculation ———- Luke Drake is considering launching a time-travel machine company called Singularity 56, which will require an initial investment of $2 million. Based on comparable firms in the time-travel industry, the company’s beta is estimated at 2. When Luke approached a bank for financing, he was offered a loan with a 10% interest rate. The market risk premium is 9%, the risk-free rate is 2%, and Luke’s tax rate is 25%. If Luke borrows $500,000 and finances the remaining startup costs with equity, what is the company’s Weighted Average Cost of Capital (WACC)? Formulas A L OE Net Income / Net Sales (1 RR)T Rf β(Rm Rf) (FC Int) / (1 VCRR) (EBIT(1 T)) (WACCCI)  ((WACCCI)/(1 T) FC Dep)/(1 VCRR) (WeRe) ((WdRd)(1T)) (FC Dep) / (1 VCRR) (Net Sales COGS) / Net Sales) Re Rf β(MRP) Net Income / Avg Owners’ Equity Net Income / Avg total assets (Net Income Div) / Net Income Net Sales / Avg total assets Retention Ratio ROE (Total Assets / Net Sales) ( Sales) (TFN) (SGF) (RE) Net Profit Margin RR Sales (Aspiration) ((AP AL) / Net Sales) ( Sales) (P1  R1)  (P2  R2)  …  (Pn  Rn) (O1  S) / S   Net Income / Shares Outstanding  Stock Price / Earnings Per Share (End Value / Begin Value)(1/n) 1 Net Income  P/E Ratio Current Period Sales – Previous Period Sales Future Value / Value AP AL / (COGS / 365) Please Show Your Work

Match the term in Column A with the correct description in Column B.

At full inspiration, how many posterior ribs should be visible above the diaphragm on a PA chest X‑ray?