Week 2 assignment quant final the director of admissions at kinzua

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The director of admissions at Kinzua University in Nova Scotia estimated the distribution of student admissions for the fall semester on the basis of past experience.

Admissions Probability

1,030 0.2

1,300 0.2

1,660 0.6

________________________________________

1. What is the expected number of admissions for the fall semester?

Expected number of admissions

2. Compute the variance and the standard deviation of the number of admissions. (Round your standard deviation to 2 decimal places.)

Variance

Standard deviation

The Internal Revenue Service is studying the category of charitable contributions. A sample of 34 returns is selected from young couples between the ages of 20 and 35 who had an adjusted gross income of more than $100,000. Of these 34 returns, 8 had charitable contributions of more than $1,000. Suppose 7 of these returns are selected for a comprehensive audit.

a You should use the hypergeometric distribution is appropriate. Because

b. What is the probability exactly one of the seven audited had a charitable deduction of more than $1,000? (Round your answer to 4 decimal places.)

Probability

c. What is the probability at least one of the audited returns had a charitable contribution of more than $1,000? (Round your answer to 4 decimal places.)

Probability

According to the “January theory,” if the stock market is up for the month of January, it will be up for the year. If it is down in January, it will be down for the year. According to an article in The Wall Street Journal, this theory held for 23 out of the last 34 years. Suppose there is no truth to this theory; that is, the probability it is either up or down is 0.5.

What is the probability this could occur by chance? (Round your answer to 6 decimal places.)

Probability

Customers experiencing technical difficulty with their internet cable hookup may call an 800 number for technical support. It takes the technician between 150 seconds and 13 minutes to resolve the problem. The distribution of this support time follows the uniform distribution.

a. What are the values for a and b in minutes? (Do not round your intermediate calculations. Round your answers to 1 decimal place.)

________________________________________

b-1. What is the mean time to resolve the problem? (Do not round your intermediate calculations. Round your answer to 2 decimal places.)

Mean

b-2. What is the standard deviation of the time? (Do not round your intermediate calculations. Round your answer to 2 decimal places.)

Standard deviation

c. What percent of the problems take more than 5 minutes to resolve? (Do not round your intermediate calculations. Round your answer to 2 decimal places.)

Percent %

d. Suppose we wish to find the middle 50% of the problem-solving times. What are the end points of these two times? (Do not round your intermediate calculations. Round your answers to 3 decimal places.)

End point 1

End point 2

________________________________________

rev: 03_07_2016_QC_CS-44272

A normal population has a mean of 21 and a standard deviation of 6.

a. Compute the z value associated with 24. (Round your answer to 2 decimal places.)

b. What proportion of the population is between 21 and 24? (Round z-score computation to 2 decimal places and your final answer to 4 decimal places.)

Proportion

c. What proportion of the population is less than 17? (Round z-score computation to 2 decimal places and your final answer to 4 decimal places.)

Proportion

Assume that the hourly cost to operate a commercial airplane follows the normal distribution with a mean of $5,870 per hour and a standard deviation of $417.

What is the operating cost for the lowest 5% of the airplanes? (Round z value to 2 decimal places and round final answer to nearest whole dollar.)

Operating cost$

The manufacturer of a laser printer reports the mean number of pages a cartridge will print before it needs replacing is 12,450. The distribution of pages printed per cartridge closely follows the normal probability distribution and the standard deviation is 570 pages. The manufacturer wants to provide guidelines to potential customers as to how long they can expect a cartridge to last.

How many pages should the manufacturer advertise for each cartridge if it wants to be correct 90 percent of the time? (Round z value to 2 decimal places. Round your answer to the nearest whole number.)

Pages

A study of long-distance phone calls made from General Electric Corporate Headquarters in Fairfield, Connecticut, revealed the length of the calls, in minutes, follows the normal probability distribution. The mean length of time per call was 3.80 minutes and the standard deviation was 0.70 minutes.

a. What fraction of the calls last between 3.80 and 4.50 minutes? (Round z-score computation to 2 decimal places and your final answer to 4 decimal places.)

Fraction of calls

b. What fraction of the calls last more than 4.50 minutes? (Round z-score computation to 2 decimal places and your final answer to 4 decimal places.)

Fraction of calls

c. What fraction of the calls last between 4.50 and 5.50 minutes? (Round z-score computation to 2 decimal places and your final answer to 4 decimal places.)

Fraction of calls

d. What fraction of the calls last between 3.50 and 5.50 minutes? (Round z-score computation to 2 decimal places and your final answer to 4 decimal places.)

Fraction of calls

e. As part of her report to the president, the director of communications would like to report the length of the longest (in duration) 6 percent of the calls. What is this time? (Round z-score computation to 2 decimal places and your final answer to 2 decimal places.)

Duration

A student is taking two courses, history and math. The probability the student will pass the history course is .54, and the probability of passing the math course is .72. The probability of passing both is .40.

What is the probability of passing at least one? (Round your answer to 2 decimal places.)

Probability

All Seasons Plumbing has two service trucks that frequently need repair. If the probability the first truck is available is .80, the probability the second truck is available is .50, and the probability that both trucks are available is .40:

What is the probability neither truck is available? (Round your answer to 2 decimal places.)

Probability

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July 1, 2023

130.During April, the production department of a process operations system completed and transferred to finished goods 18,000 units that were in process at the beginning of April and 90,000 units that were started and completed in April. April's beginning inventory units were 100% complete with respect to materials and 40% complete with respect to labor. At the end of April, 30,000 additional units were in process in the production department and were 100% complete with respect to materials and 60% complete with respect to labor. The beginning inventory included materials cost of $107,000 and the production department incurred direct materials cost of $329,000 during the month. Compute the direct materials cost per equivalent unit for the department using the weighted-average method.

A. $4.03.

B. $3.05.

C. $2.38.

D. $3.16.

E. $2.57.

131.During December, the production department of a process operations system completed and transferred to finished goods a total of 65,000 units of product. At the end of March, 15,000 additional units were in process in the production department and were 80% complete with respect to materials. The beginning inventory included materials cost of $57,500 and the production department incurred direct materials cost of $183,000 during December. Compute the direct materials cost per equivalent unit for the department using the weighted-average method.

A. $3.70.

B. $2.38.

C. $2.82.

D. $3.12.

E. $4.79.

132.During March, the production department of a process operations system completed and transferred to finished goods 25,000 units that were in process at the beginning of March and 110,000 that were started and completed in March. March's beginning inventory units were 100% complete with respect to materials and 55% complete with respect to labor. At the end of March, 30,000 additional units were in process in the production department and were 100% complete with respect to materials and 30% complete with respect to labor. The production department incurred direct labor cost of $578,900 and its beginning inventory included labor cost of $54,700. Compute the direct labor cost per equivalent unit for the department using the weighted-average method.

A. $4.69.

B. $3.84.

C. $4.86.

D. $4.28.

E. $4.40.

133.During July, the production department of a process operations system completed and transferred to finished goods 10,000 units that were in process at the beginning of July and 76,000 that were started and completed in July. July's beginning inventory units were 100% complete with respect to materials and 30% complete with respect to labor. At the end of July, 15,000 additional units were in process in the production department and were 100% complete with respect to materials and 25% complete with respect to labor. The beginning inventory included labor cost of $52,100 and the production department incurred direct labor cost of $450,750 during July. Compute the direct labor cost per equivalent unit for the department using the weighted-average method.

A. $1.72.

B. $5.60.

C. $.84.

D. $5.02.

E. $5.85.

134.During January, the production department of a process operations system completed and transferred to finished goods a total of 78,000 units. At the end of January, 9,000 additional units were in process in the production department and were 65% complete with respect to labor. The beginning inventory included labor cost of $37,100 and the production department incurred direct labor cost of $294,300 during January. Compute the direct labor cost per equivalent unit for the department using the weighted-average method.

A. $6.34.

B. $3.77.

C. $3.51.

D. $4.25.

E. $3.95.

135.Following is a partial process cost summary for Mitchell Manufacturing's Canning Department.

Equivalent Units of ProductionDirect MaterialsConversion

Units Completed and transferred out50,00050,000

Units in Ending Work in Process:

Direct Materials (15,000 * 100%)15,000

Conversion (15,000 * 80%) 12,000

Equivalent Units of Production65,00062,000

Cost per Equivalent Unit

Costs of beginning work in process$40,500$59,700

Costs incurred this period 136,000 183,100

Total costs$176,500$242,800

Cost per equivalent unit$2.71 per EUP$3.92 per EUP

The total materials costs transferred out of the Canning Department should be: A. $135,500.

B. $136,000.

C. $176,500.

D. $176,150.

E. $196,000.

50,000 units transferred out * 2.71 per EUP = $135,500

136.Following is a partial process cost summary for Mitchell Manufacturing's Canning Department.

Equivalent Units of ProductionDirect MaterialsConversion

Units Completed and transferred out50,00050,000

Units in Ending Work in Process:

Direct Materials (15,000 * 100%)15,000

Conversion (15,000 * 80%) 12,000

Equivalent Units of Production65,00062,000

Cost per Equivalent Unit

Costs of beginning work in process$40,500$59,700

Costs incurred this period136,000 183,100

Total costs$176,500$242,800

Cost per equivalent unit$2.71 per EUP$3.92 per EUP

The total conversion costs transferred out of the Canning Department should be:

A. $243,040.

B. $242,800.

C. $183,100.

D. $176,150.

E. $196,000.

50,000 units transferred out * 3.92 per EUP = $196,000

137.Following is a partial process cost summary for Mitchell Manufacturing's Canning Department.

Units Completed and transferred out50,00050,000

Units in Ending Work in Process:

Direct Materials (15,000 * 100%)15,000

Conversion (15,000 * 80%) 12,000

Equivalent Units of Production65,00062,000

Cost per Equivalent Unit

Costs of beginning work in process$40,500$59,700

Costs incurred this period136,000 183,100

Total costs$176,500$242,800

Cost per equivalent unit$2.71 per EUP$3.92 per EUP

If the units completed were transferred to the Labeling Department, what is the appropriate journal entry to transfer the direct materials?

A. Work in Process—Labeling $135,500; Work in Process—Canning $135,500.

B. Work in Process—Labeling $176,500; Work in Process—Canning $176,500.

C. Finished Goods—Labeling $135,500; Finished Goods—Canning $135,500.

D. Work in Process—Labeling $176,500; Finished Goods—Canning $176,500.

E. Finished Goods $136,000; Work in Process $136,000.

50,000 units transferred out * 2.71 per EUP = $135,500

138.Following is a partial process cost summary for Mitchell Manufacturing's Canning Department.

Equivalent Units of ProductionDirect MaterialsConversion

Units Completed and transferred out50,00050,000

Units in Ending Work in Process:

Direct Materials (15,000 * 100%)15,000

Conversion (15,000 * 80%) 12,000

Equivalent Units of Production65,00062,000

Cost per Equivalent Unit

Costs of beginning work in process$40,500$59,700

Costs incurred this period 136,000 183,100

Total costs$176,500$242,800

Cost per equivalent unit$2.71 per EUP$3.92 per EUP

If the units completed were transferred to the Labeling Department, what is the appropriate journal entry to transfer the conversion costs?

A. Work in Process—Labeling $183,100; Work in Process—Canning $183,100.

B. Work in Process—Labeling $196,000; Work in Process—Canning $196,000.

C. Finished Goods—Labeling $183,100; Finished Goods—Canning $183,100.

D. Work in Process—Labeling $196,000; Finished Goods—Canning $196,000.

E. Finished Goods $242,800; Work in Process $242,800.

50,000 units transferred out * 3.92 per EUP = $196,000

139.Williams Company computed its cost per equivalent unit for direct materials to be $2.60 and its cost per equivalent unit for conversion to be $3.75. A total of 250,000 units of product were completed and transferred out as finished goods during the month, and 36,000 of equivalent units remained unfinished at the end of the month. The amount that should be reported in ending Work in Process Inventory is:

A. $93,600.

B. $135,000.

C. $1,816,100.

D. $1,587,500.

E. $228,600.

July 1, 2023

Assignment Instructions

The ALWINE team would like you to prepare a strategic roadmap for their business and a product roadmap for their product over three time frames - near term, medium term, and long term.

This assignment requires you to produce two deliverables:

A PowerPoint version of the strategic roadmap
A software version of the product roadmap created in Trello

Refer to the attached resource for more information about the case and assignment expectations.

The resource:

Spells out assignment instructions clearly
Lists all steps to download and use Trello
Provides a sample Trello board and what it might look like when you create it
Provides a detailed overview of ALWINE and its business plans going forward

SUBMISSION INSTRUCTIONS

Click the Submit Assignment button to upload the two deliverables - the PowerPoint file and the Trello file. Both the Roadmap and Trello board should be uploaded in pdf format
Program leaders will provide feedback on assignment on-time submissions.

Suggested Time: 60 minutes

Suggested Word Count: 350-400 words

Note: This is a required assignment to complete the program.

ALWINE Product Roadmap

Completion CriteriaRatings

This criterion is linked to a Learning Outcome Strategic Roadmap

Complete

a) Very good understanding of different personas including patient/end user, provider, pharma, etc. b) Consistency between persona choice and choice of business model. c) Good attempt to size the market opportunity and overall comprehensiveness of the ALWINE strategy.

Incomplete

a) Narrow understanding of different personas including patient/end user, provider, pharma, etc. b) Lack of consistency between persona choice and choice of business model. c) Little to no attempt to size the market opportunity.

This criterion is linked to a Learning Outcome Roadmap in Trello

Complete

a) Great fit between near-term strategy roadmap and 3-month sprint roadmap. b) Able to create roadmap at the epic level and organize features into themes. c) Ensured logical and consistent evolution from sprint to sprint.

Incomplete

a) Little to no fit between near-term strategy roadmap and 3-month sprint roadmap.b) Inability to create roadmap at the epic level and organize features into themes. c) Lacks logical evolution from sprint to sprint.

July 1, 2023

Prior to beginning work on this assignment, review Chapter 10 in your course textbook, pages 109 to 120 in Chapter 7 of the Jarman e-book, and the Week 2 Instructor Guidance. Also, review The Chi-Square Test: Often Used and More Often Misinterpreted and The Chi-Square Test of Independence articles Also, review the Two-Way Tables, Chi-Square: Lecture 11, Chi-Square Tests: Crash Course Statistics #29 (Links to an external site.), and Chi-Square Test for Association (Independence) | AP Statistics | Khan Academy (Links to an external site.) videos; and review the How to Chi-Square Test (Links to an external site.) and How to Interpret Chi-Squared (Links to an external site.) web articles. Also, complete the Week 2 learning activity and Week 2 weekly review.

Your instructor will post an announcement with the scenario and data set for your Week 2 assignment. For the calculations in this assignment, you may use either Excel or the free VassarStats: Website for Statistical Computation (Links to an external site.) program online. Instructions for performing a chi-square test of independence in Excel are included in Section 10.4 of the textbook, accompanied by a screencast demonstrating the process in the electronic version. Screencasts showing how to do a chi-square goodness-of-fit test and a chi-square test of independence in VassarStats are included in the Week 2 learning activity, which you may review at any time. For this test, you may prefer VassarStats (Links to an external site.) because it is more automated than Excel. You also have the option of calculating the chi-square manually but if you choose this option, you must show your work and explain all of the steps taken to solve for the chi-square value and to determine statistical significance.

In your paper, begin with a paragraph introducing the scenario and explaining why a chi-square test is needed for the situation. Then, address the following:

Identify which chi-square test you used and which program or procedure you used for the analysis.
Describe the procedure you used to calculate the chi-square.
- If using VassarStats (Links to an external site.), copy and paste the data entry area and output into your paper. If using Excel, submit the Excel spreadsheet separately and mention in your paper that the spreadsheet is attached. If using hand calculations, include a table showing the observed and expected frequencies, along with the row and column totals and chi-square calculations.
Report the chi-square value, degrees of freedom, and the p
Explain how you determined the p Is the result statistically significant?
- If the test is a chi-square test of independence with a statistically significant result, report the effect size using Cramér’s V.
Explain the meaning of the results in terms of the scenario.
- Discuss any assumptions, limitations, and implications associated with the situation and analysis.
Summarize the main points of the paper in a concluding paragraph.

The Chi-Square Data Analysis paper

Must be two to three double-spaced pages in length (not including title and references pages) and formatted according to APA Style as outlined in the Ashford Writing Center’s APA Style (Links to an external site.)
Must include a separate title page with the following:
- Title of paper
- Student’s name
- Course name and number
- Instructor’s name
- Date submitted

For further assistance with the formatting and the title page, refer to APA Formatting for Word 2013 (Links to an external site.).

Must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear statement that indicates the purpose of your paper, to report and explain your analysis of the scenario and data set.
Must use the course text; and Excel, VassarStats, or detailed documentation of hand calculations. Refer to Tables, Images, & Appendices (Links to an external site.) for assistance with formatting data and results tables.
Must document any information used from sources in APA Style as outlined in the Ashford Writing Center’s APA: Citing Within Your Paper

Reference:

https://www.youtube.com/watch?v=zOvUQWOzTlc

https://www.youtube.com/watch?v=7_cs1YlZoug

https://digital-films-com.proxy-library.ashford.edu/p_ViewVideo.aspx?xtid=150111

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Week 2 assignment quant final the director of admissions at kinzua

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