...City University College of Science & Technology Faculty of Business DBQT 2013 Business Statistics Semester May 2016 ASSIGNMENT 1 Answer all questions. Kindly print the cover page and attached with your answer script. 1. Classify the following sets of data as qualitative or quantitative. a) The religious affiliations of college students b) The height of each member of a basketball team c) Students’ scores on the first statistics exam d) The color of new SUV’s on a car lot e) The Olympic track and field world records, such as the time for the steeplechase. [5 Marks] 2. Classify the following sets of data as continuous or discrete. a) The number of students enrolled in an accounting class b) The number of General Electric microwaves sold by Home Depot last month c) The acceleration time of an automobile d) The temperature of a refrigerator e) The number of people aboard a commercial airplane [5 Marks] 3. The Save More Rental Car Agency at the Cincinnati airport would like to examine records from last summer in order to plan for the coming summer demand. The data for last year’s demand, broken down by type of vehicle requested, is shown in the table below. Vehicle Type Frequency Relative Frequency Sub-compact 545 0.183 Compact 892 0.299 Full-size 740 0.248 Luxury 360 0.121 SUV 280 0.094 Van 168 0.056 Total 2985 1.001* * Total is not equal to 1.000 due to rounding error. a) Construct a frequency and relative frequency bar chart for the data. b) Construct a pie chart to display...
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...INTRODUCTION Refer to the American Heritage Dictionary of the English Language, mathematics is the study of the measurement, properties, and relationships of quantities and sets, using numbers and symbols. Mathematical had been invented early in ancient Egypt, Mesopotamia and ancient India. Until today, development of mathematics still ongoing. Mathematics has become our indispensable part of daily life. Besides that, mathematics has been incorporated into the field of education. Today mathematics has been widely used in various fields such as science, medicine, engineering and business. Leonardo Da Vinci was an Italian polymath. His field of interest included invention, painting, architecture, science, music, mathematics, engineering, literature, anatomy, geology, astronomy, writing, history, and so on. He was well-known as a painter. Mona Lisa is one of his famous works. However, he also a famous mathematician in the world. He has a great contributions for the history of mathematic. Leonardo da Vinci thought that mathematics was an essential tool for painting. He had explored the laws of geometric between hexahedron, cylinder, and sphere area. He was the first person using the symbol of plus (+) and minus (-) in mathematics. Grace Hopper was a representative of a modern mathematician. She had great contributions on mathematics because mathematics was her favourite subject since childhood. She obtained her master’s degree in mathematics in 1930 and received her PhD in 1934...
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...GST Including gst = 111x item costing. | Without GST= 111x item Calculate the amount on which capital gains tax must be paid for a house that is sold for $345,000 after having been bought as an investment property 5 years ago for $298,000 345,000-298,000=47000 0.5=47000 equals $23500 tax to be paid Simple Interest Calculate the interest earned on $1500 invested at 9% p.a for 6 years. PrT100 P=Principal r=Rate T=Time 1500x9x6100=$810 Find the total amount returned when $850 is invested for 30 months at 12.5% p.a P=$850 r=12.5 T= 3012 =2.5 850x12.5x2.5100 =$1115.63 A loan of $5000 was taken out on 23 March and repaid on 17 September. Find the interest payable if the rate is 11.6% p.a P=$5000 r=11.6 23 T=23 March to 17 September Days in March= (31-23(=8+1 for 23rd of March Month | March | April | May | June | July | August | September | Days | 9 | 30 | 31 | 30 | 31 | 31 | 17 | 179 days= 179365 years… 5000x11.6x179100x365=$284.438 P= 100xIrxT r= 100xIPxT T= 100xIPxr The amount of $3500 was invested for 42 months, returning $4394.25. What was the rate of interest earned? P=$3500 T=4212 I=$4394.25-$3500=$894.25 100xIPxT r= 100x894.253500x3.5 r= 7.3% Balance Sheet Date | Transaction | Debit($)(Withdrawal) | Credit ($)(Deposit) | Balance ($) | A $1300 freezer is purchased under a hire purchase agreement requiring a deposit of $450 and equal monthly instalments of $47.81 for two years. Find the flat rate of interest. Price=$1300, deposit $350. Amount...
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...If someone travels a distance d in time t, then the person’s average speed is Use this fact to solve the problem. 1. A driver travels at 50 mph for the first hour and then travels at 70 mph for the second hour. What is the average speed of the car? 2. A bicyclist rides 1 mile uphill at 5 mph and then rides 1 mile downhill at 10 mph. Find the average speed of the bicyclist. Does your answer agree with what you expected? 3. At a 3-mile cross-country race an athlete runs 2 miles at 8 mph and 1 mile at 10 mph. What is the athlete’s average speed? 4. A pilot flies an airplane between two cities and travels half the distance at 200 mph and the other half at 100 mph. Find the average speed of the airplane. A Puzzle About Coins Suppose that seven coins look exactly alike but that one coin weighs less than any of the other six coins. If you have only a balance with two pans, devise a plan to find the lighter coin. What is the minimum number of weighings necessary? Explain your answer. Yards to Inches There are 36 inches in 1 yard. Write a formula that converts Y yards to I inches. 34. Checking Account The initial balance in a checking account is $468. Find the final balance resulting from the following sequence of withdrawals and deposits: 2$14, $200, 2$73, 2$21, and $58. 35. Acid Solution How much of a 4% acid solution should be added to 150 milliliters of a 10% acid solution to dilute it to a 6% acid solution? 36. Bank Loans An individual has two low-interest ...
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...Simple interest is the interest that is computed on the original principal only. If I denotes the interest on a principal P (in dollars) at an interest rate of r per year for t years, then we have I = Prt The accumulated amount A, the sum of the principal and interest after t years is given by and is a linear function of t. A= P + I = P + Prt = P(1 + rt) A bank pays simple interest at the rate of 8% per year for certain deposits. a. If a customer deposits $1000 and makes no withdrawals for 3 years, what is the total amount on deposit at the end of three years? P = 1000, r = 0.08, and t = 3 A=P(I+rt)=1000[1+(0.08)(3)]=1240 or $1240 b. What is the interest earned in that period? I=Prt=1000(0.08)(3)=240 or $240. Compound interest Frequently, interest earned is periodically added to the principal and thereafter earns interest itself at the same rate. This is called compound interest. Suppose $1000 (the principal) is deposited in a bank for a term of 3 years, earning interest at the rate of 8% per year compounded annually. Using the simple interest formula we see that the accumulated amount A1 = P (1+rt) =1000[1+0.08(1)] =1080 These observations suggest the following general rule: If P dollars are invested over a term of t years earning interest at the rate of r per year compounded annually, then the accumulated amount is This formula is derived under the assumption that interest was compounded annually. In practice, however, interest is usually compounded more...
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...ALDERMAN MGF 1106 CHAPTER 10 DEFINITIONS AND TERMS 1. ACUTE ANGLE- an angle that measures less than 90 degrees 2. ADJACENT ANGLE-angles that are side by side, or adjacent 3. ALTERNATE EXTERIOR ANGLES-exterior angles that do not have a common vertex on alternate sides of the transversal 4. ALTERNATE INTERIOR ANGLES-Interior angles that do not have a common vertex on alternate sides of the transversal 5. ANGLE-the union of two rays that have a common endpoint 6. AXIOMS-a proposition that is assumed without proof for the sake of studying the consequences that follow from it 7. COMPLEMENTARY ANGLES-two angles whose measures have a sum of 90 degrees 8. CORRESPONDING ANGLES-one interior and one exterior angle on the same side of the transversal 9. EUCLIDEAN GEOMETRY-consists in assuming a small set of intuitively appealing axioms, and deducing many other propositions (theorems) from these 10. EXTERIOR ANGLES-the angle between any side of a shape, and a line extended from the next side 11. INTERIOR ANGLES- an angle inside a shape 12. LINE-connecting two points along the shortest possible path, has no thickness, and extends infinitely in both directions 13. LINE SEGMENT- a portion of a line joining two points and including the endpoints 14. OBTUSE ANGLE-an angle that measures more than 90 degrees but less than 180 degrees 15. PARALLEL LINES-lines that lie in the same plane and have no points in common 16. PARALLEL PLANES-two...
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...Element Brochure For this assignment, you will be creating a brochure about an element that you decide to do. Use the internet to collect information about your element. Include all the required information and do your best! Your brochure should be fun and interesting to read. The assignment is due 20/09/1998, at the end of lesson 1. When you have finished this assignment, email me a copy and give me a print out. Information should include: * The element name * The element symbol * Draw or provide a colour picture of it. (You may need to be creative here. Show a picture of its use if you cannot draw how the element occurs in nature.) * Properties. For instance: * The atomic mass * The atomic number * Who discovered the element * When it was discovered * How it was named * What its natural state is * Its melting point * Its boiling point * The group it belongs to in the periodic table (noble gas, metal, and so forth) * Some of its characteristics, such as: * colour, odour, whether it’s dangerous—explosive, radioactive, or noxious * Any interesting facts about the element * Describe the uses of your element * The number of electrons are in each shell around the nucleus * An electron shell diagram * Future uses * Bibliography Remember to check over your brochure after you have finished it. Check for the following: • Is the brochure neat and easy to read...
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...The task of this assignment was to do some research, gather information and process the information to better understand a product. In this week we decided to look at our local pizza spots and see how good the deals really are. I chose two locations that I eat at on a regular basis and I was very surprised at what I discovered. In order to set a baseline for this project I chose to stick to the Small, Medium and Large Pizza deals. These prices are all based on a one topping peperoni pizza. In both cases though the prices were different, the extra toppings were both $.75 apiece. Since this was a constant variable for both locations, I decided it wasn’t that necessary to include. The two locations I decided to use were “I Love NY Pizza” and “2 Guys Pizza.” Both of these places have excellent pizza and it’s more of a convenience when I am deciding where I eat. With this new information though, I might be sticking to one location for now on though. Here are the results of my research: With this Data I am able to see that the Medium pizzas are comparable between the two places. The biggest difference in price would be in the small and large pizzas. When you factor in not only price, but also what you are getting for that price, I would have to say 2 Guys Pizza takes the win. They offer a great price of only $.01 a sq. in and the pizza itself is 300 sq. in larger than I love NY Pizza. When you look at this project as a whole there are a lot of variables that weren’t taken into...
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...Topic 1 Linear Algebra Outline 1. 2. 3. 4. 5. 6. 7. 8. 9. Matrix operations Special matrices Inverse of a square matrix System of linear equations Determinant of a square matrix Partitioned matrices (block matrices) Linear independence of vectors and dimension Eigenvalues and Eigenvectors Positive (negative) definite matrix 2 What is a matrix? • A matrix is a two dimensional rectangular array of numbers. a11 a12 a1n a a22 a2 n A 21 am1 am 2 amn • • • • • We say that the dimension (or size) of is , denoted ∈ If , then is a square matrix If 1, the 1 matrix is called a column ( dimensional) vector If 1, the 1 matrix is called a row ( dimensional) vector If 1, is just a number, called scalar 3 1. Matrix operations iff dim dim and • Equality: • Addition and subtraction: if dim dim + while has a typical element • Example: Let for all and 2 2 2 1 3 , 1 9 0 2 9 , 14 1 • Scalar multiplication: For a scalar , • Example: Let 2 1 1 9 0 3 , then . 1 5 2 4 has a typical element 6 , then 1 0 3 4 1 has typical element 3 , then 3 0 6 3 3 27 . 9 0 4 Transpose of a matrix: • For an that the , matrix , the transpose ′ (or ) is defined as an element of ′ is equal the , element of a11 a12 a1n a11 ...
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...As amended at the April 15-17, 2015, SBOE meeting §130.180. Financial Mathematics (One Credit), Adopted 2015. (a) General requirements. This course is recommended for students in Grades 1011-12. Prerequisite: Algebra I. This course satisfies a high school mathematics graduation requirement. Students shall be awarded one credit for successful completion of this course. (b) Introduction. (1) (2) The Finance Career Cluster focuses on planning, services for financial and investment planning, banking, insurance, and business financial management. (3) Financial Mathematics is a course about personal money management. Students will apply critical-thinking skills to analyze personal financial decisions based on current and projected economic factors. (4) Financial Mathematics will integrate career and postsecondary education planning into financial decision making. (5)(4) The mathematical process standards describe ways in which students are expected to engage in the content. The placement of the process standards at the beginning of the knowledge and skills listed for each grade and course is intentional. The process standards weave the other knowledge and skills together so that students may be successful problem solvers and use mathematics efficiently and effectively in daily life. The process standards are integrated at every grade level and course. When possible, students will apply mathematics to problems arising in everyday life...
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...p.193-194 2-20 Even 2. List Price Chain Discount Net Price Equivalent Rate Single Equivalent Discount Rate Trade Discount Net Price Panasonic DVD player $199 8/4/3 0.856704 0.143296 $28.52 $170.48 100%-8=92% = 0.92 100%-4=96% = 0.96 100%-3=97% = 0.97 (.92) X (.96) X (.97) = 0.856704 $199 X 0.856704 = 170.484096 1-0.856904= 0.143296 $199 X 0.143296 = $28.52 4. List Price Chain Discount Net Price Trade Discount Trotter Treadmill $3000 9/4 $2620.80 $379.20 100% - 9= 91% = .91 100% - 4= 96% = .96 (.91) X (.96) = 0.8736 3000 X 0.8736 = 2620.80 3000 – 2620.80 = 379.20 6. List Price Chain Discount Net Price Trade Discount Hewlett-Packard Scanner $320 3/5/9 $268.34 $51.66 100% - 3 = .97 100% - 5 = .95 100% - 9 = .91 (.97) X (.95) X (.91) = 0.838565 320 X 0.838565 = 268.3408 320 – 268.34 = 51.66 8. Company A Company B 100 – 8 = .92 100 – 10 = .9 100 – 15 = .85 100 – 5 = .95 .91 X .9 X .85 X .95 = 0.682686 1 – 0.682686 = 0.317314 100 – 10 = .9 100 – 6 = .94 100 – 16 = .84 100 – 5 = .95 .9 X .94 X .84 X .95 = 0.675108 1 – 0.675108 = 0.324892 Company B has a higher discount 10. Invoice Terms Last Day of Discount Period Final Bill Due (End of Credit Period) November 27 2/10 EOM (End of Month) December 10 December 30 Past the 25th of the month – use next month End of 2% discount period = December 10 + 20 days = End of Credit Period = December 30 12. Invoice Terms Last Day of Discount Period Final Bill Due (End of Credit Period) ...
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...[pic] Bachelor of Business Administration in Accounting Course Work Accounting major requires a total of 120 semester hours of coursework-90 semester hours of core curriculum and general business course courses and 30 semester hours in the major area. The following is a suggested plan of taking the required coursework for full-time students pursuing a BBA degree in Accounting. The student CANNOT take course until he/she has successfully completed the designated course prerequisite(s) for that course. Freshman Year – 1st Semester |Course |Title |Hours | |ENGL 1101 |English Composition I | 3 | |MATH 1111 |College Algebra | 3 | |CSU 1022 |University Foundations | 2 | |Area B 2 |Communication | 3 | |Area E 1 |U.S. History | 3 | |Total | | 14 | Freshman Year – 2nd Semester |Course |Title |Hours | |ENGL 1102 |English Composition II | 3 | |MATH 1231 |Intro. to Statistics | 3 | |ECON 2105 |Macroeconomics | 3 | |Area C 2 |Fine Arts, Philosophy or Foreign | 3 | | |Language 2001or 2002 | | |POLS 1101 |American...
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...| People Data | Name | : | Kadzinga, Steven Tawanda | ID | : | 2013050011 | Birthday | : | 22/08/1991 | Assessment Data | Program | : | Bachelor of Business Administration Accounting | Center | : | Main Campus | Bulletin | : | 2010-2012 Bulletin | Date Start | : | 01/05/2013 | Date End | : | 31/12/2017 | Basis of Adm. | : | 2 'A' Levels Plus 6 'O' Levels | Observation | : | | Advisor | Name | : | Ndlovu, Ivonne Lec - Lecturer | Title | : | | Academic Variables | Admission Status | Date | Type | Document | 01/05/2013 | Regular | 1 | | Academic Status | Date | Type | Document | 01/05/2013 | Active | 1 | | Documents Control | Academic Record | 2013 1st Semester :: Main Campus | Mode / Type / Cond | Crd. | Grd. | Qpt. | | | MATH | 181 | Business Algebra | Reg / Core / regular | 3.00 | C | | | | INSY | 110 | Computers and Business Information Systems | Reg / Core / regular | 3.00 | B | 7.00 | | | CONV | 101 | Convocation [1st Year 1st Semester] | Reg / Core / regular | 0.00 | S | 0.00 | | | ACCT | 111 | Financial Accounting 1A | Reg / Core / regular | 4.00 | C | 8.00 | | | ORIE | 100 | Orientation | Reg / Core / regular | 0.00 | S | 0.00 | | | RELT | 215 | Philosophy of Christian Education | Reg / Core / regular | 2.00 | | 0.00 | | | MGMT | 155 | Principles of Management | Reg / Core / regular | 3.00 | B+ | 7.00 | | | ECON | 215 | Principles of Microeconomics | Reg / Core / regular | 3...
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...(CSU) General Education Breadth pattern (CSU GE) or the Intersegmental General Education Transfer Curriculum (IGETC for CSU). 3. Completion of a minimum of 90 CSU-transferrable quarter units (De Anza courses numbered 1-99) with a minimum 2.0 GPA (“C” average). 4. Completion of all De Anza courses combined with courses transferred from other academic institutions with a minimum 2.0 degree applicable GPA (“C” average). Note: A minimum of 18 quarter units must be earned at De Anza College. Major courses for certificates and degrees must be completed with a letter grade unless a particular course is only offered on a pass/no-pass basis. Associate in Science in Business Administration for Transfer A.S.-T. Degree The Business major consists of courses appropriate for an Associate in Science in Business Administration for Transfer degree, which provides a foundational understanding of the discipline, a breadth of coursework in the discipline, and preparation for transfer to any CSU that accepts the Transfer Model Curriculum (TMC). Students transferring to a CSU campus that does accept this degree will be required to complete no more than 60 (semester) units after transfer to earn a bachelor’s degree. This degree may not be the best option for students intending to transfer to a particular CSU campus or to a university or college that...
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...for all majors, plus one additional 4U math (or equivalent) when applying to Accounting, Food and Agricultural Business, Human Resources Management, Management Economics and Finance, Marketing Management and Real Estate and Housing majors. | TRANSFER CREDITS University of Guelph- BCom Brock University- BAcc,BBA Entry Credential | Minimum Admission Average * | Transfer credits awarded ** | Notes | 2-year diploma | B- | 3.0-5.0 Credits | Honours degrees are comprised of 20.0 credits, three-year pass degrees are 15.0 credits | University of Waterloo- Bachelors in accounting and Finance Management If you’re applying from college, you can receive transfer credit for up to 50% of the courses needed for your Waterloo degree. To earn a Waterloo degree, you’ll need to complete at least 50% of your Waterloo degree requirements while registered in your new academic program. You must meet all requirements of your Waterloo academic plan in order to graduate, regardless of the number of transfer credits that you receive. * If you are admitted into an honours or 4-year general program, you can receive up to 10 units of transfer credit (the equivalent of 2 years of study). Accounting and Financial Management * You must have a minimum cumulative average of A (85%) in your college program. You must also have a minimum of 75% in Ontario Grade 12 U English (or equivalent) and must have completed the required Ontario Grade 12 U Math courses (or equivalents). * If you're...
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