Homework 3 1. According to the Guinness World Records, the tallest person in history (for which...

Transcribed Image Text:

Homework 3 1. According to the Guinness World Records, the tallest person in history (for which there is reliable evidence) was Robert Wadlow, who was 8 feet 11 inches. The average U.S. male height according to the CDC is 5 feet 9.5 inches. a. What percent higher was Robert Wadlow in comparison to the average U.S. male? b. Now convert these heights into centimeters. c. What percent higher was Robert Wadlow in comparison to the average U.S. male in cm? d. Are your answers to parts (a) and (c) the same? Would you expect this to be the case? Why or why not? 2. According to accuweather, on March 30 in 2017, Columbus had a high temperature reading of 77°F, compared to a historical average high of 57°F for that day. a. What percent higher was the recorded high temperature in comparison to the historic temp? b. Now convert these temperatures to °C (°F =°C + 32). c. Find the percentage increase of the recorded temperature in comparison to the historic temperature using the values in °C. d. Are your answers to parts (a) and (c) the same? Would you expect this to be the case? Why or why not? 3. Dogfish. The Washington Post had an article¹ In 2014 about some of Maine's marine catches for the 2013 year. In it they stated that: Maine fishermen caught a little more than 100,000 pounds of dogfish in 2013 at a total value of $17,945, barely a tenth the price per pound of haddock, and less than 7 percent of the price per pound of cod. The total value of cod catches [for 2013] was $736,154, while for haddock It was $211,279. a. Calculate the price per pound of dogfish for 2013. b. Use your value from part (a) and the information from the article to estimate the price per pound of haddock. c. Use your value from part (a) and the information from the article to estimate the price per pound of cod. d. About how many pounds of haddock were caught in Maine in 2013? e. About how many pounds of cod were caught in Maine in 2013? About f. Considering only these 3 types of fish, fill in the blanks on the following: https://www.washingtontimes.com/news/2014/sep/28/dogfish-remain-abundant-off-of-maine-east-coast/ Be sure to show your work. % of the pounds of fish caught were dogfish, % of the total fish value. and their value was 4 About About % of the pounds of fish caught were haddock, % of the total fish value. and their value was % of the pounds of fish caught were cod, % of the total fish value. and their value was g Suppose the editor of the article didn't like those two sentences of the article. Using any of the information you would like from this question, write a couple of new sentences meant to replace those two sentences quoted from the article. Styles Inflation Inflation - (In economics) a general Increase in prices and fall in the purchasing value of money. 4. Use the following information about Apple-1 computers and the Inflation calculator on the Bureau of Labor and Statistics' website (https://www.bls.gov/data/inflation calculator.htm) to answer the following questions. Apple-1 computers were sold in 1976 for $666.66. At an auction in 2016, one of the original Apple-1 computers sold for $815,000. . There were only about 200 Apple-1 computers made.³ Only 60 to 70 original Apple-1 computers are thought to remain." a. Use the inflation calculator to determine an equivalent 2016 amount of the $666.66 original Apple-1 price. b. Write a sentence or two, in your own words, describing what the value from part (a) means. c. What is the percent increase from the $666.66 original price to the value the inflation calculator gave you for part (a)? d. What was the approximate total value of the original 200 Apple-1 computers? Determine the value in 2016 dollars. http://fortune.com/2016/08/26/apple-i-auction/ http://fortune.com/2016/08/26/apple-i-auction/ http://oldcomputers.net/applei.html e Assuming the remaining Apple-1 computers have about the same value as the one that sold at auction, about what is the total value of the remaining Apple-1 computers? f. Why is it important to adjust the 1976 values for inflation in order to do any comparisons between the original Apple-1 values and the 2016 auction information? g. What are some reasons why the 1976 adjusted for inflation values do not match the auction value for the Apple-1? Homework 3 1. According to the Guinness World Records, the tallest person in history (for which there is reliable evidence) was Robert Wadlow, who was 8 feet 11 inches. The average U.S. male height according to the CDC is 5 feet 9.5 inches. a. What percent higher was Robert Wadlow in comparison to the average U.S. male? b. Now convert these heights into centimeters. c. What percent higher was Robert Wadlow in comparison to the average U.S. male in cm? d. Are your answers to parts (a) and (c) the same? Would you expect this to be the case? Why or why not? 2. According to accuweather, on March 30 in 2017, Columbus had a high temperature reading of 77°F, compared to a historical average high of 57°F for that day. a. What percent higher was the recorded high temperature in comparison to the historic temp? b. Now convert these temperatures to °C (°F =°C + 32). c. Find the percentage increase of the recorded temperature in comparison to the historic temperature using the values in °C. d. Are your answers to parts (a) and (c) the same? Would you expect this to be the case? Why or why not? 3. Dogfish. The Washington Post had an article¹ In 2014 about some of Maine's marine catches for the 2013 year. In it they stated that: Maine fishermen caught a little more than 100,000 pounds of dogfish in 2013 at a total value of $17,945, barely a tenth the price per pound of haddock, and less than 7 percent of the price per pound of cod. The total value of cod catches [for 2013] was $736,154, while for haddock It was $211,279. a. Calculate the price per pound of dogfish for 2013. b. Use your value from part (a) and the information from the article to estimate the price per pound of haddock. c. Use your value from part (a) and the information from the article to estimate the price per pound of cod. d. About how many pounds of haddock were caught in Maine in 2013? e. About how many pounds of cod were caught in Maine in 2013? About f. Considering only these 3 types of fish, fill in the blanks on the following: https://www.washingtontimes.com/news/2014/sep/28/dogfish-remain-abundant-off-of-maine-east-coast/ Be sure to show your work. % of the pounds of fish caught were dogfish, % of the total fish value. and their value was 4 About About % of the pounds of fish caught were haddock, % of the total fish value. and their value was % of the pounds of fish caught were cod, % of the total fish value. and their value was g Suppose the editor of the article didn't like those two sentences of the article. Using any of the information you would like from this question, write a couple of new sentences meant to replace those two sentences quoted from the article. Styles Inflation Inflation - (In economics) a general Increase in prices and fall in the purchasing value of money. 4. Use the following information about Apple-1 computers and the Inflation calculator on the Bureau of Labor and Statistics' website (https://www.bls.gov/data/inflation calculator.htm) to answer the following questions. Apple-1 computers were sold in 1976 for $666.66. At an auction in 2016, one of the original Apple-1 computers sold for $815,000. . There were only about 200 Apple-1 computers made.³ Only 60 to 70 original Apple-1 computers are thought to remain." a. Use the inflation calculator to determine an equivalent 2016 amount of the $666.66 original Apple-1 price. b. Write a sentence or two, in your own words, describing what the value from part (a) means. c. What is the percent increase from the $666.66 original price to the value the inflation calculator gave you for part (a)? d. What was the approximate total value of the original 200 Apple-1 computers? Determine the value in 2016 dollars. http://fortune.com/2016/08/26/apple-i-auction/ http://fortune.com/2016/08/26/apple-i-auction/ http://oldcomputers.net/applei.html e Assuming the remaining Apple-1 computers have about the same value as the one that sold at auction, about what is the total value of the remaining Apple-1 computers? f. Why is it important to adjust the 1976 values for inflation in order to do any comparisons between the original Apple-1 values and the 2016 auction information? g. What are some reasons why the 1976 adjusted for inflation values do not match the auction value for the Apple-1? Homework 3 1. According to the Guinness World Records, the tallest person in history (for which there is reliable evidence) was Robert Wadlow, who was 8 feet 11 inches. The average U.S. male height according to the CDC is 5 feet 9.5 inches. a. What percent higher was Robert Wadlow in comparison to the average U.S. male? b. Now convert these heights into centimeters. c. What percent higher was Robert Wadlow in comparison to the average U.S. male in cm? d. Are your answers to parts (a) and (c) the same? Would you expect this to be the case? Why or why not? 2. According to accuweather, on March 30 in 2017, Columbus had a high temperature reading of 77°F, compared to a historical average high of 57°F for that day. a. What percent higher was the recorded high temperature in comparison to the historic temp? b. Now convert these temperatures to °C (°F =°C + 32). c. Find the percentage increase of the recorded temperature in comparison to the historic temperature using the values in °C. d. Are your answers to parts (a) and (c) the same? Would you expect this to be the case? Why or why not? 3. Dogfish. The Washington Post had an article¹ In 2014 about some of Maine's marine catches for the 2013 year. In it they stated that: Maine fishermen caught a little more than 100,000 pounds of dogfish in 2013 at a total value of $17,945, barely a tenth the price per pound of haddock, and less than 7 percent of the price per pound of cod. The total value of cod catches [for 2013] was $736,154, while for haddock It was $211,279. a. Calculate the price per pound of dogfish for 2013. b. Use your value from part (a) and the information from the article to estimate the price per pound of haddock. c. Use your value from part (a) and the information from the article to estimate the price per pound of cod. d. About how many pounds of haddock were caught in Maine in 2013? e. About how many pounds of cod were caught in Maine in 2013? About f. Considering only these 3 types of fish, fill in the blanks on the following: https://www.washingtontimes.com/news/2014/sep/28/dogfish-remain-abundant-off-of-maine-east-coast/ Be sure to show your work. % of the pounds of fish caught were dogfish, % of the total fish value. and their value was 4 About About % of the pounds of fish caught were haddock, % of the total fish value. and their value was % of the pounds of fish caught were cod, % of the total fish value. and their value was g Suppose the editor of the article didn't like those two sentences of the article. Using any of the information you would like from this question, write a couple of new sentences meant to replace those two sentences quoted from the article. Styles Inflation Inflation - (In economics) a general Increase in prices and fall in the purchasing value of money. 4. Use the following information about Apple-1 computers and the Inflation calculator on the Bureau of Labor and Statistics' website (https://www.bls.gov/data/inflation calculator.htm) to answer the following questions. Apple-1 computers were sold in 1976 for $666.66. At an auction in 2016, one of the original Apple-1 computers sold for $815,000. . There were only about 200 Apple-1 computers made.³ Only 60 to 70 original Apple-1 computers are thought to remain." a. Use the inflation calculator to determine an equivalent 2016 amount of the $666.66 original Apple-1 price. b. Write a sentence or two, in your own words, describing what the value from part (a) means. c. What is the percent increase from the $666.66 original price to the value the inflation calculator gave you for part (a)? d. What was the approximate total value of the original 200 Apple-1 computers? Determine the value in 2016 dollars. http://fortune.com/2016/08/26/apple-i-auction/ http://fortune.com/2016/08/26/apple-i-auction/ http://oldcomputers.net/applei.html e Assuming the remaining Apple-1 computers have about the same value as the one that sold at auction, about what is the total value of the remaining Apple-1 computers? f. Why is it important to adjust the 1976 values for inflation in order to do any comparisons between the original Apple-1 values and the 2016 auction information? g. What are some reasons why the 1976 adjusted for inflation values do not match the auction value for the Apple-1? Homework 3 1. According to the Guinness World Records, the tallest person in history (for which there is reliable evidence) was Robert Wadlow, who was 8 feet 11 inches. The average U.S. male height according to the CDC is 5 feet 9.5 inches. a. What percent higher was Robert Wadlow in comparison to the average U.S. male? b. Now convert these heights into centimeters. c. What percent higher was Robert Wadlow in comparison to the average U.S. male in cm? d. Are your answers to parts (a) and (c) the same? Would you expect this to be the case? Why or why not? 2. According to accuweather, on March 30 in 2017, Columbus had a high temperature reading of 77°F, compared to a historical average high of 57°F for that day. a. What percent higher was the recorded high temperature in comparison to the historic temp? b. Now convert these temperatures to °C (°F =°C + 32). c. Find the percentage increase of the recorded temperature in comparison to the historic temperature using the values in °C. d. Are your answers to parts (a) and (c) the same? Would you expect this to be the case? Why or why not? 3. Dogfish. The Washington Post had an article¹ In 2014 about some of Maine's marine catches for the 2013 year. In it they stated that: Maine fishermen caught a little more than 100,000 pounds of dogfish in 2013 at a total value of $17,945, barely a tenth the price per pound of haddock, and less than 7 percent of the price per pound of cod. The total value of cod catches [for 2013] was $736,154, while for haddock It was $211,279. a. Calculate the price per pound of dogfish for 2013. b. Use your value from part (a) and the information from the article to estimate the price per pound of haddock. c. Use your value from part (a) and the information from the article to estimate the price per pound of cod. d. About how many pounds of haddock were caught in Maine in 2013? e. About how many pounds of cod were caught in Maine in 2013? About f. Considering only these 3 types of fish, fill in the blanks on the following: https://www.washingtontimes.com/news/2014/sep/28/dogfish-remain-abundant-off-of-maine-east-coast/ Be sure to show your work. % of the pounds of fish caught were dogfish, % of the total fish value. and their value was 4 About About % of the pounds of fish caught were haddock, % of the total fish value. and their value was % of the pounds of fish caught were cod, % of the total fish value. and their value was g Suppose the editor of the article didn't like those two sentences of the article. Using any of the information you would like from this question, write a couple of new sentences meant to replace those two sentences quoted from the article. Styles Inflation Inflation - (In economics) a general Increase in prices and fall in the purchasing value of money. 4. Use the following information about Apple-1 computers and the Inflation calculator on the Bureau of Labor and Statistics' website (https://www.bls.gov/data/inflation calculator.htm) to answer the following questions. Apple-1 computers were sold in 1976 for $666.66. At an auction in 2016, one of the original Apple-1 computers sold for $815,000. . There were only about 200 Apple-1 computers made.³ Only 60 to 70 original Apple-1 computers are thought to remain." a. Use the inflation calculator to determine an equivalent 2016 amount of the $666.66 original Apple-1 price. b. Write a sentence or two, in your own words, describing what the value from part (a) means. c. What is the percent increase from the $666.66 original price to the value the inflation calculator gave you for part (a)? d. What was the approximate total value of the original 200 Apple-1 computers? Determine the value in 2016 dollars. http://fortune.com/2016/08/26/apple-i-auction/ http://fortune.com/2016/08/26/apple-i-auction/ http://oldcomputers.net/applei.html e Assuming the remaining Apple-1 computers have about the same value as the one that sold at auction, about what is the total value of the remaining Apple-1 computers? f. Why is it important to adjust the 1976 values for inflation in order to do any comparisons between the original Apple-1 values and the 2016 auction information? g. What are some reasons why the 1976 adjusted for inflation values do not match the auction value for the Apple-1?