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MATH 107 UOM Linear Algebra Project Paper
Curve-fitting Project - Linear Model InstructionsFor this assignment, collect data exhibiting a relatively linear trend, f ...
MATH 107 UOM Linear Algebra Project Paper
Curve-fitting Project - Linear Model InstructionsFor this assignment, collect data exhibiting a relatively linear trend, find the line of best fit, plot the data and the line, interpret the slope, and use the linear equation to make a prediction. Also, find r2 (coefficient of determination) and r (correlation coefficient). Discuss your findings. Your topic may be that is related to sports, your work, a hobby, or something you find interesting. If you choose, you may use the suggestions described below. A Linear Model Example and Technology Tips are provided in separate documents.Tasks for Linear Regression Model (LR)(LR-1) Describe your topic, provide your data, and cite your source. Collect at least 8 data points. Label appropriately. (Highly recommended: Post this information in the Linear Model Project discussion as well as in your completed project. Include a brief informative description in the title of your posting. Each student must use different data.) The idea with the discussion posting is two-fold: (1) To share your interesting project idea with your classmates, and (2) To give me a chance to give you a brief thumbs-up or thumbs-down about your proposed topic and data. Sometimes students get off on the wrong foot or misunderstand the intent of the project, and your posting provides an opportunity for some feedback. Remark: Students may choose similar topics, but must have different data sets. For example, several students may be interested in a particular Olympic sport, and that is fine, but they must collect different data, perhaps from different events or different gender.(LR-2) Plot the points (x, y) to obtain a scatterplot. Use an appropriate scale on the horizontal and vertical axes and be sure to label carefully. Visually judge whether the data points exhibit a relatively linear trend. (If so, proceed. If not, try a different topic or data set.)(LR-3) Find the line of best fit (regression line) and graph it on the scatterplot. State the equation of the line.(LR-4) State the slope of the line of best fit. Carefully interpret the meaning of the slope in a sentence or two.(LR-5) Find and state the value of r2, the coefficient of determination, and r, the correlation coefficient. Discuss your findings in a few sentences. Is r positive or negative? Why? Is a line a good curve to fit to this data? Why or why not? Is the linear relationship very strong, moderately strong, weak, or nonexistent?(LR-6) Choose a value of interest and use the line of best fit to make an estimate or prediction. Show calculation work.(LR-7) Write a brief narrative of a paragraph or two. Summarize your findings and be sure to mention any aspect of the linear model project (topic, data, scatterplot, line, r, or estimate, etc.) that you found particularly important or interesting. You may submit all of your project in one document or a combination of documents, which may consist of word processing documents or spreadsheets or scanned handwritten work, provided it is clearly labeled where each task can be found. Be sure to include your name. Projects are graded on the basis of completeness, correctness, ease in locating all of the checklist items, and strength of the narrative portions.Topic: Choose a particular type of food. (Examples: Fish sandwich at fast-food chains, cheese pizza, breakfast cereal) For at least 8 brands, look up the fat content and the associated calorie total per serving. Make a quick plot for yourself to "eyeball" whether the data exhibit a relatively linear trend. (If so, proceed. If not, try a different type of food.) After you find the line of best fit, use your line to make a prediction corresponding to a fat amount not occurring in your data set.) Alternative: Look up carbohydrate content and associated calorie total per serving.I have also attached an sample.
RU Statistics Recruiting Additional Police Officers Paper
Baltimore government has decided to recruit additional police officers based on the historical crime data. Your boss has a ...
RU Statistics Recruiting Additional Police Officers Paper
Baltimore government has decided to recruit additional police officers based on the historical crime data. Your boss has asked you to provide a number of crime incidents per city to predict hiring need for police officers. This will give state government a better idea of which areas would need to have more police officers.
Answer the following (based on attached dataset):
Describe the purpose of the data file and how it will be useful to predict police officer recruiting.
Determine missing data sets that might be required to predict police officer hiring.
Provide good reasoning and justification for how the additional data sets will help solve the problem.
AUMC Managerial Finance the Stock of Matrix Computing & Cost of Capital Worksheet
Problem Set #4Attached Files: Question 1 - Build a Model - Matrix Computing.xlsx (20.094 KB) Question 2 - Build a Model - ...
AUMC Managerial Finance the Stock of Matrix Computing & Cost of Capital Worksheet
Problem Set #4Attached Files: Question 1 - Build a Model - Matrix Computing.xlsx (20.094 KB) Question 2 - Build a Model - Pinto.com.xlsx (30.761 KB)Question 1Start with the partial model in the attached.The stock of Matrix Computing sells for $65, and last year’s dividend was $2.53. Security analysts are projecting that the common dividend will grow at a rate of 9% a year. A flotation cost of 12% would be required to issue new common stock. Matrix’s preferred stock sells for $42.00, pays a dividend of $3.32 per share, and new preferred stock could be sold with a flotation cost of 10%. The firm has outstanding bonds with 25 years to maturity, a 15% annual coupon rate, semiannual payments, $1,000 par value. The bonds are trading at $1,271.59. The tax rate is 20%. The market risk premium is 5.5%, the risk-free rate is 7.0%, and Matrix’s beta is 1.2. In its cost-of-capital calculations, Matrix uses a target capital structure with 40% debt, 10% preferred stock, and 50% common equity.a. Calculate the cost of each capital component—in other words, the after-tax cost of debt, the cost of preferred stock (including flotation costs), and the cost of equity (ignoring flotation costs). Use both the CAPM method and the dividend growth approach to find the cost of equity.b. Calculate the cost of new stock using the dividend growth approach.c. Assuming that Matrix will not issue new equity and will continue to use the same tar-get capital structure, what is the company’s WACCQuestion 2Start with the partial model in the attached.Pinto.com has developed a powerful new server that would be used for corporations’ Internet activities. It would cost $25 million at Year 0 to buy the equipment necessary to manufacture the server. The project would require net working capital at the beginning of each year in an amount equal to 12% of the year’s projected sales; for example, NWC0 = 12%(Sales1 ). The servers would sell for $21,000 per unit, and Pinto believes that variable costs would amount to $15,000 per unit. After Year 1, the sales price and variable costs will increase at the inflation rate of 2.5%. The company’s nonvariable costs would be $1.5 million at Year 1 and would increase with inflation. The server project would have a life of 4 years. If the project is undertaken, it must be continued for the entire 4 years. Also, the project’s returns are expected to be highly correlated with returns on the firm’s other assets. The firm believes it could sell 2,000 units per year. The equipment would be depreciated over a 5-year period, using MACRS rates. The estimated market value of the equipment at the end of the project’s 4-year life is $1 million. Pinto.com’s federal-plus-state tax rate is 20%. Its cost of capital is 10% for average-risk projects, defined as projects with a coefficient of variation of NPV between 0.8 and 1.2. Low-risk projects are evaluated with an 8% project cost of capital and high-risk projects at 13%.Develop a spreadsheet model, and use it to find the project’s NPV, IRR, and payback.Now conduct a sensitivity analysis to determine the sensitivity of NPV to changes in the sales price, variable costs per unit, and number of units sold. Set these variables’ values at 10% and 20% above and below their base-case values.Now conduct a scenario analysis. Assume that there is a 25% probability that best-case conditions, with each of the variables discussed in Part b being 20% better than its base-case value, will occur. There is a 25% probability of worst-case conditions, with the variables 20% worse than base, and a 50% probability of base-case conditions.If the project appears to be more or less risky than an average project, find its risk-adjusted NPV, IRR, and payback.On the basis of information in the problem, would you recommend the project should be accepted?Question 3You are a financial analyst for the Waffle Company. The director of capital budgeting has asked you to analyze two proposed capital investments, Projects A and B. Each project has a cost of $50,000, and the cost of capital for each is 10%.The projects’ expected net cash flows are as follows: Expected Net Cash FlowsYearProject AProject B0($50,000)($50,000)125,00015,000220,00015,000310,00015,00045,00015,00055,00015,000Calculate each project’s payback period, net present value (NPV), internal rate of return (IRR), modified internal rate of return (MIRR), and profitability index (PI).Which project will you select if your decision was based solely on the project’s payback period?Which project or projects should be accepted if they are independent?Which project should be accepted if they are mutually exclusive?d. How might a change in the cost of capital produce a conflict between the NPV and IRR rankings of these two projects? Would this conflict exist if r were 6%? (Hint: Plot the NPV profiles.)Question 4Marvin Industries must choose between an electric-powered and a coal-powered forklift machine for its factory. Because both machines perform the same function, the firm will choose only one. (They are mutually exclusive investments.) The electric-powered machine will cost more, but it will be less expensive to operate; it will cost $102,000, whereas the coal-powered machine will cost $69,500. The cost of capital that applies to both investments is 10%. The life for both types of machines is estimated to be 6 years, during which time the net cash flows for the electric-powered machine will be $26,150 per year, and those for the coal-powered machine will be $20,000 per year. Annual net cash flows include depreciation expenses.Calculate the NPV and IRR for each type of machine, and decide which to recommendSubmit your answers in a Word document.
MCT 4 Colorado State University Global Campus Rental Condition Research Paper
Option #2: Rental Condition
Aardvark Auto Rental rents vehicles. Each day Aardvark Automotive
Rental keeps track of whe ...
MCT 4 Colorado State University Global Campus Rental Condition Research Paper
Option #2: Rental Condition
Aardvark Auto Rental rents vehicles. Each day Aardvark Automotive
Rental keeps track of whether its SUVs were returned in "failing"
condition. Aardvark must use more of its resources to restore each SUV
with a "failing" returned condition. Aardvark rents an average of five
SUVs each day. The condition of returned SUVs is recorded for many days
in which five SUVs were rented.Download the file titled SUV Failures. It contains a scatter plot of
the number of failures versus frequency. To compare the results to the
binomial distribution, complete the following:
Explain why SUV rental condition scenario can be a binomial experiment.
Using the SUV Failure scatter plot, construct a frequency distribution for the number of failures.
Compute the mean number of failures. The formula for the mean is as follows:
∑
(
x
⋅
f
)
∑
f
The terms x represent the total number of failures (0, 1, 2, 3, 4,
5) and f is the corresponding frequency (number of days where xᵢ
failures occurred). Explain what the numerical result means.
From the frequency distribution, construct the corresponding
relative frequency distribution.Explain why the relative frequency
distribution table is a probability distribution.Then, use Excel to
create a scatter plot of the probability distribution:Select the two
columns of the probability distribution. Click on INSERT, and then go to
the Charts area and select Scatter. Then choose the first Scatter chart
(the one without lines connecting).
Using the frequency distribution, what is the SUV failure average?
In part 3, note that the numerator in the formula for the mean is the
total number of failures. The total number of trials is the denominator
of the formula for the mean multiplied by 5. What does this average
mean?
The Binomial Distribution is uniquely determined by n, the number of
trials, and p, the probability of "success" on each trial. Using Excel,
construct the Binomial Probability Distribution for five trials, n, and
probability of success, p, as the SUV failure average in part 5. Here
is an explanation of the BINOM.DIST function in Excel: https://support.office.com/en-ie/article/BINOM-DIST-function-c5ae37b6-f39c-4be2-94c2-509a1480770c?ui=en-USrs=en-IEad=I (Links to an external site.)
For example, In Excel=BINOM.DIST(7,15,0.7, FALSE)represents the probability of 7 successes out of 15 (n) trials. The 0.7 is the probability of success, p.Using the above value of n=5 with probability of success, p, as the
SUV failure average in part 5, what is the probability of at least three
SUV failures?
Using the formula for the mean of the Binomial Distribution, what is the mean number of failures in part 6 above?
In Excel, create a scatter plot for the Binomial Distribution. The instructions for creating a scatter plot are in part 4 above.
Use the results above to compare the probability distribution of SUV
failures and the Binomial Distribution. Compare the means in parts 4
and 6, too.
If the probability distribution of SUV failures and the Binomial Distribution differ, explain why that is so.
Do you think the Binomial Distribution is a good model for the SUV failure scenario? Why or why not?
How can Aardvark Auto Rental use the binomial distribution to approximate SUV failures?
In what other scenarios can Aardvark Auto Rental use the Binomial Distribution? Explain.
Write a report that adheres to the formatting and APA expectations outlined on the CSU Global Writing Center (Links to an external site.). As with all written assignments at CSU Global, you should have in-text citations and a reference page.Submit your Excel file in addition to your report.Requirements:
The paper must be written in third person.
Your paper should be four to five pages in length (counting the
title page and references page) and cite and integrate at least one
credible outside source. The CSU Global Library (Links to an external site.) is a great place to find resources.
Include a title page, introduction, body, conclusion, and a reference page.
The introduction should describe or summarize the topic or problem.
It might discuss the importance of the topic or how it affects you or
society, or it might discuss or describe the unique terminology
associated with the topic.
The body of your paper should answer the questions posed in the
problem. Explain how you approached and answered the question or solved
the problem, and, for each question, show all steps involved. Be sure
the Word document is in paragraph format, not numbered answers like a
homework assignment.
The conclusion should summarize your thoughts about what you have
determined from the data and your analysis, often with a broader
personal or societal perspective in mind. Nothing new should be
introduced in the conclusion that was not previously discussed in the
body paragraphs. Your conclusion should emanate from (be aligned with)
your findings.
Include any tables of data or calculations, calculated values,
and/or graphs associated with this problem in the body of your
assignment.
Document formatting, citations, and style should conform to the CSU Global Writing Center (Links to an external site.). A short summary containing guidelines for paper formatting, citations, and references is contained in the New Sample APA Paper (Links to an external site.). In addition, information in the CSU Global Library (Links to an external site.) has many helpful areas (Writing Center, Writing Tips, Template Examples/Papers Essays, and others).
13 pages
Res710 Week 8 Worksheet And Reflection.edited Fnn
Part A of this worksheet provides you the opportunity to synthesize your work from the entire term into a comprehensive pr ...
Res710 Week 8 Worksheet And Reflection.edited Fnn
Part A of this worksheet provides you the opportunity to synthesize your work from the entire term into a comprehensive project. Complete each section ...
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MATH 107 UOM Linear Algebra Project Paper
Curve-fitting Project - Linear Model InstructionsFor this assignment, collect data exhibiting a relatively linear trend, f ...
MATH 107 UOM Linear Algebra Project Paper
Curve-fitting Project - Linear Model InstructionsFor this assignment, collect data exhibiting a relatively linear trend, find the line of best fit, plot the data and the line, interpret the slope, and use the linear equation to make a prediction. Also, find r2 (coefficient of determination) and r (correlation coefficient). Discuss your findings. Your topic may be that is related to sports, your work, a hobby, or something you find interesting. If you choose, you may use the suggestions described below. A Linear Model Example and Technology Tips are provided in separate documents.Tasks for Linear Regression Model (LR)(LR-1) Describe your topic, provide your data, and cite your source. Collect at least 8 data points. Label appropriately. (Highly recommended: Post this information in the Linear Model Project discussion as well as in your completed project. Include a brief informative description in the title of your posting. Each student must use different data.) The idea with the discussion posting is two-fold: (1) To share your interesting project idea with your classmates, and (2) To give me a chance to give you a brief thumbs-up or thumbs-down about your proposed topic and data. Sometimes students get off on the wrong foot or misunderstand the intent of the project, and your posting provides an opportunity for some feedback. Remark: Students may choose similar topics, but must have different data sets. For example, several students may be interested in a particular Olympic sport, and that is fine, but they must collect different data, perhaps from different events or different gender.(LR-2) Plot the points (x, y) to obtain a scatterplot. Use an appropriate scale on the horizontal and vertical axes and be sure to label carefully. Visually judge whether the data points exhibit a relatively linear trend. (If so, proceed. If not, try a different topic or data set.)(LR-3) Find the line of best fit (regression line) and graph it on the scatterplot. State the equation of the line.(LR-4) State the slope of the line of best fit. Carefully interpret the meaning of the slope in a sentence or two.(LR-5) Find and state the value of r2, the coefficient of determination, and r, the correlation coefficient. Discuss your findings in a few sentences. Is r positive or negative? Why? Is a line a good curve to fit to this data? Why or why not? Is the linear relationship very strong, moderately strong, weak, or nonexistent?(LR-6) Choose a value of interest and use the line of best fit to make an estimate or prediction. Show calculation work.(LR-7) Write a brief narrative of a paragraph or two. Summarize your findings and be sure to mention any aspect of the linear model project (topic, data, scatterplot, line, r, or estimate, etc.) that you found particularly important or interesting. You may submit all of your project in one document or a combination of documents, which may consist of word processing documents or spreadsheets or scanned handwritten work, provided it is clearly labeled where each task can be found. Be sure to include your name. Projects are graded on the basis of completeness, correctness, ease in locating all of the checklist items, and strength of the narrative portions.Topic: Choose a particular type of food. (Examples: Fish sandwich at fast-food chains, cheese pizza, breakfast cereal) For at least 8 brands, look up the fat content and the associated calorie total per serving. Make a quick plot for yourself to "eyeball" whether the data exhibit a relatively linear trend. (If so, proceed. If not, try a different type of food.) After you find the line of best fit, use your line to make a prediction corresponding to a fat amount not occurring in your data set.) Alternative: Look up carbohydrate content and associated calorie total per serving.I have also attached an sample.
RU Statistics Recruiting Additional Police Officers Paper
Baltimore government has decided to recruit additional police officers based on the historical crime data. Your boss has a ...
RU Statistics Recruiting Additional Police Officers Paper
Baltimore government has decided to recruit additional police officers based on the historical crime data. Your boss has asked you to provide a number of crime incidents per city to predict hiring need for police officers. This will give state government a better idea of which areas would need to have more police officers.
Answer the following (based on attached dataset):
Describe the purpose of the data file and how it will be useful to predict police officer recruiting.
Determine missing data sets that might be required to predict police officer hiring.
Provide good reasoning and justification for how the additional data sets will help solve the problem.
AUMC Managerial Finance the Stock of Matrix Computing & Cost of Capital Worksheet
Problem Set #4Attached Files: Question 1 - Build a Model - Matrix Computing.xlsx (20.094 KB) Question 2 - Build a Model - ...
AUMC Managerial Finance the Stock of Matrix Computing & Cost of Capital Worksheet
Problem Set #4Attached Files: Question 1 - Build a Model - Matrix Computing.xlsx (20.094 KB) Question 2 - Build a Model - Pinto.com.xlsx (30.761 KB)Question 1Start with the partial model in the attached.The stock of Matrix Computing sells for $65, and last year’s dividend was $2.53. Security analysts are projecting that the common dividend will grow at a rate of 9% a year. A flotation cost of 12% would be required to issue new common stock. Matrix’s preferred stock sells for $42.00, pays a dividend of $3.32 per share, and new preferred stock could be sold with a flotation cost of 10%. The firm has outstanding bonds with 25 years to maturity, a 15% annual coupon rate, semiannual payments, $1,000 par value. The bonds are trading at $1,271.59. The tax rate is 20%. The market risk premium is 5.5%, the risk-free rate is 7.0%, and Matrix’s beta is 1.2. In its cost-of-capital calculations, Matrix uses a target capital structure with 40% debt, 10% preferred stock, and 50% common equity.a. Calculate the cost of each capital component—in other words, the after-tax cost of debt, the cost of preferred stock (including flotation costs), and the cost of equity (ignoring flotation costs). Use both the CAPM method and the dividend growth approach to find the cost of equity.b. Calculate the cost of new stock using the dividend growth approach.c. Assuming that Matrix will not issue new equity and will continue to use the same tar-get capital structure, what is the company’s WACCQuestion 2Start with the partial model in the attached.Pinto.com has developed a powerful new server that would be used for corporations’ Internet activities. It would cost $25 million at Year 0 to buy the equipment necessary to manufacture the server. The project would require net working capital at the beginning of each year in an amount equal to 12% of the year’s projected sales; for example, NWC0 = 12%(Sales1 ). The servers would sell for $21,000 per unit, and Pinto believes that variable costs would amount to $15,000 per unit. After Year 1, the sales price and variable costs will increase at the inflation rate of 2.5%. The company’s nonvariable costs would be $1.5 million at Year 1 and would increase with inflation. The server project would have a life of 4 years. If the project is undertaken, it must be continued for the entire 4 years. Also, the project’s returns are expected to be highly correlated with returns on the firm’s other assets. The firm believes it could sell 2,000 units per year. The equipment would be depreciated over a 5-year period, using MACRS rates. The estimated market value of the equipment at the end of the project’s 4-year life is $1 million. Pinto.com’s federal-plus-state tax rate is 20%. Its cost of capital is 10% for average-risk projects, defined as projects with a coefficient of variation of NPV between 0.8 and 1.2. Low-risk projects are evaluated with an 8% project cost of capital and high-risk projects at 13%.Develop a spreadsheet model, and use it to find the project’s NPV, IRR, and payback.Now conduct a sensitivity analysis to determine the sensitivity of NPV to changes in the sales price, variable costs per unit, and number of units sold. Set these variables’ values at 10% and 20% above and below their base-case values.Now conduct a scenario analysis. Assume that there is a 25% probability that best-case conditions, with each of the variables discussed in Part b being 20% better than its base-case value, will occur. There is a 25% probability of worst-case conditions, with the variables 20% worse than base, and a 50% probability of base-case conditions.If the project appears to be more or less risky than an average project, find its risk-adjusted NPV, IRR, and payback.On the basis of information in the problem, would you recommend the project should be accepted?Question 3You are a financial analyst for the Waffle Company. The director of capital budgeting has asked you to analyze two proposed capital investments, Projects A and B. Each project has a cost of $50,000, and the cost of capital for each is 10%.The projects’ expected net cash flows are as follows: Expected Net Cash FlowsYearProject AProject B0($50,000)($50,000)125,00015,000220,00015,000310,00015,00045,00015,00055,00015,000Calculate each project’s payback period, net present value (NPV), internal rate of return (IRR), modified internal rate of return (MIRR), and profitability index (PI).Which project will you select if your decision was based solely on the project’s payback period?Which project or projects should be accepted if they are independent?Which project should be accepted if they are mutually exclusive?d. How might a change in the cost of capital produce a conflict between the NPV and IRR rankings of these two projects? Would this conflict exist if r were 6%? (Hint: Plot the NPV profiles.)Question 4Marvin Industries must choose between an electric-powered and a coal-powered forklift machine for its factory. Because both machines perform the same function, the firm will choose only one. (They are mutually exclusive investments.) The electric-powered machine will cost more, but it will be less expensive to operate; it will cost $102,000, whereas the coal-powered machine will cost $69,500. The cost of capital that applies to both investments is 10%. The life for both types of machines is estimated to be 6 years, during which time the net cash flows for the electric-powered machine will be $26,150 per year, and those for the coal-powered machine will be $20,000 per year. Annual net cash flows include depreciation expenses.Calculate the NPV and IRR for each type of machine, and decide which to recommendSubmit your answers in a Word document.
MCT 4 Colorado State University Global Campus Rental Condition Research Paper
Option #2: Rental Condition
Aardvark Auto Rental rents vehicles. Each day Aardvark Automotive
Rental keeps track of whe ...
MCT 4 Colorado State University Global Campus Rental Condition Research Paper
Option #2: Rental Condition
Aardvark Auto Rental rents vehicles. Each day Aardvark Automotive
Rental keeps track of whether its SUVs were returned in "failing"
condition. Aardvark must use more of its resources to restore each SUV
with a "failing" returned condition. Aardvark rents an average of five
SUVs each day. The condition of returned SUVs is recorded for many days
in which five SUVs were rented.Download the file titled SUV Failures. It contains a scatter plot of
the number of failures versus frequency. To compare the results to the
binomial distribution, complete the following:
Explain why SUV rental condition scenario can be a binomial experiment.
Using the SUV Failure scatter plot, construct a frequency distribution for the number of failures.
Compute the mean number of failures. The formula for the mean is as follows:
∑
(
x
⋅
f
)
∑
f
The terms x represent the total number of failures (0, 1, 2, 3, 4,
5) and f is the corresponding frequency (number of days where xᵢ
failures occurred). Explain what the numerical result means.
From the frequency distribution, construct the corresponding
relative frequency distribution.Explain why the relative frequency
distribution table is a probability distribution.Then, use Excel to
create a scatter plot of the probability distribution:Select the two
columns of the probability distribution. Click on INSERT, and then go to
the Charts area and select Scatter. Then choose the first Scatter chart
(the one without lines connecting).
Using the frequency distribution, what is the SUV failure average?
In part 3, note that the numerator in the formula for the mean is the
total number of failures. The total number of trials is the denominator
of the formula for the mean multiplied by 5. What does this average
mean?
The Binomial Distribution is uniquely determined by n, the number of
trials, and p, the probability of "success" on each trial. Using Excel,
construct the Binomial Probability Distribution for five trials, n, and
probability of success, p, as the SUV failure average in part 5. Here
is an explanation of the BINOM.DIST function in Excel: https://support.office.com/en-ie/article/BINOM-DIST-function-c5ae37b6-f39c-4be2-94c2-509a1480770c?ui=en-USrs=en-IEad=I (Links to an external site.)
For example, In Excel=BINOM.DIST(7,15,0.7, FALSE)represents the probability of 7 successes out of 15 (n) trials. The 0.7 is the probability of success, p.Using the above value of n=5 with probability of success, p, as the
SUV failure average in part 5, what is the probability of at least three
SUV failures?
Using the formula for the mean of the Binomial Distribution, what is the mean number of failures in part 6 above?
In Excel, create a scatter plot for the Binomial Distribution. The instructions for creating a scatter plot are in part 4 above.
Use the results above to compare the probability distribution of SUV
failures and the Binomial Distribution. Compare the means in parts 4
and 6, too.
If the probability distribution of SUV failures and the Binomial Distribution differ, explain why that is so.
Do you think the Binomial Distribution is a good model for the SUV failure scenario? Why or why not?
How can Aardvark Auto Rental use the binomial distribution to approximate SUV failures?
In what other scenarios can Aardvark Auto Rental use the Binomial Distribution? Explain.
Write a report that adheres to the formatting and APA expectations outlined on the CSU Global Writing Center (Links to an external site.). As with all written assignments at CSU Global, you should have in-text citations and a reference page.Submit your Excel file in addition to your report.Requirements:
The paper must be written in third person.
Your paper should be four to five pages in length (counting the
title page and references page) and cite and integrate at least one
credible outside source. The CSU Global Library (Links to an external site.) is a great place to find resources.
Include a title page, introduction, body, conclusion, and a reference page.
The introduction should describe or summarize the topic or problem.
It might discuss the importance of the topic or how it affects you or
society, or it might discuss or describe the unique terminology
associated with the topic.
The body of your paper should answer the questions posed in the
problem. Explain how you approached and answered the question or solved
the problem, and, for each question, show all steps involved. Be sure
the Word document is in paragraph format, not numbered answers like a
homework assignment.
The conclusion should summarize your thoughts about what you have
determined from the data and your analysis, often with a broader
personal or societal perspective in mind. Nothing new should be
introduced in the conclusion that was not previously discussed in the
body paragraphs. Your conclusion should emanate from (be aligned with)
your findings.
Include any tables of data or calculations, calculated values,
and/or graphs associated with this problem in the body of your
assignment.
Document formatting, citations, and style should conform to the CSU Global Writing Center (Links to an external site.). A short summary containing guidelines for paper formatting, citations, and references is contained in the New Sample APA Paper (Links to an external site.). In addition, information in the CSU Global Library (Links to an external site.) has many helpful areas (Writing Center, Writing Tips, Template Examples/Papers Essays, and others).
13 pages
Res710 Week 8 Worksheet And Reflection.edited Fnn
Part A of this worksheet provides you the opportunity to synthesize your work from the entire term into a comprehensive pr ...
Res710 Week 8 Worksheet And Reflection.edited Fnn
Part A of this worksheet provides you the opportunity to synthesize your work from the entire term into a comprehensive project. Complete each section ...
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