Suppose that you are asked to conduct a study to determine whether smaller class sizes lead to improved student performance of fourth graders.
(i) If you could conduct any experiment you want, what would you do? Be specific.
(ii) More realistically, suppose you can collect observational data on several thousand fourth graders in a given state. You can obtain the size of their fourth-grade class and a standardized test score taken at the end of fourth grade. Why might you expect a negative correlation between class size and test score?
(iii) Would a negative correlation necessarily show that smaller class sizes cause better performance? Explain.
Suppose that you are asked to design a column to support a compressive load P as shown in Figure....... ... that minimize the cost. Note that H = 275 cm, P = 2000 kg, E = 900,000 kg/cm 2 , d 1 = 1 cm, d 2 = 10 cm, t 1 = 0.1 cm, and t 2 =...
A tool manufacturing company claims that its top-of-the-line machine that is used to manufacture...... ... of 88 or more bolts per hour. A company that is interested in buying this machine wants to check this claim. Suppose you are asked to conduct this test. Briefly explain how you would do so...
A company’s shipping division (an investment center) has sales of $ 2,420,000, net income of $ 516,000, and average invested assets of $ 2,250,000. Compute the division’s profit margin and investment turnover.
Determine the appropriate critical value(s) for each of the following tests concerning the population mean:a. Upper-tailed test: a = 0.025; n = 25; ? = 3.0b. Lower-tailed test: a = 0.05; n = 30; s = 9.0c. Two-tailed test: a = 0.02; n = 51; s = 6.5d. Two-tailed test: a = 0.10; n = 36; ? = 3.8
The enrollments of the 13 public universities in the state of Ohio are listed below.College EnrollmentUniversity of Akron......... 26,666Bowling Green State University.... 17,298Central State University........ 2,152University of Cincinnati........ 33,347Cleveland State University...........
Bacardi Company established a $150 petty cash fund with Dean Martin as the petty cashier. When the fund balance reached $19 cash, Martin prepared a petty cash payment report, which follows. Petty Cash Payments Report Receipt No. Account Charged Approved by Received by 12 Delivery Expense $ 29...
Atlantick Corp. has gathered the following data on four companies in which it might make an invest¬ment or an outright purchase. Required:(a) Estimate the share price of each company using the dividend valuation method(b) Estimate the share price of each company using the free cash flow method.
A justification for job training programs is that they improve worker productivity. Suppose that you are asked to evaluate whether more job training makes workers more productive. However, rather than having data on individual workers, you have access to data on manufacturing firms in Ohio. In...
You have been asked by the human resources department manager to assess the project plans to prepare the business users for the major changes to come. How might you proceed to make this assessment in a manner that will build rapport and trust with the project manager?