Junior Lesson 20 Flashcards

The American Diabetes Association recommends a blood glucose reading of less than 130 for those with Type 2 diabetes. Blood glucose measures the amount of sugar in the blood. Below are the readings for February for a person recently diagnosed with Type 2 diabetes.Calculate the arithmetic mean glucose reading?

\begin{array}{|rrrrrrrrrr|} \hline 112 & 122 & 116 & 103 & 112 & 96 & 115 & 98 & 106 & 111 \\ 106 & 124 & 116 & 127 & 116 & 108 & 112 & 112 & 121 & 115 \\ 124 & 116 & 107 & 118 & 123 & 109 & 109 & 106 & & \\ \hline \end{array}

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accounting

Listed here are data for five companies. These data are for the companies' 2013 fiscal years. The market price per share is the closing price of the companies' stock as of March 7, 2014. Except for market price per share, all amounts are in thousands. The shares outstanding number is the weighted-average number of shares the company used to compute basic earnings per share.

\begin{array}{lcccc} &&\textbf{Stockholders'} & \textbf{Shares} & \textbf{Market Price}\\ \textbf{Company} & \textbf{Net Earnings} & \textbf{Equity} & \textbf{Outstanding} & \textbf{per Share}\\ \\ \text{Berkshire } & \$19,476,000 & \$224,485,000 &\text{\hspace{17pt}1,644} & \$183,772.00\\ \text{ \hspace{5pt}Hathaway}\\ \text{Carmax} & \text{\hspace{20pt}434,284} & \text{ \hspace{15pt}3,019,167} & \text{\hspace{8pt}228,095} & \text{\hspace{30pt}48.60}\\ \text{Chevron} & \text{\hspace{7pt}21,423,000} & \text{\hspace{8pt}150,427,000} & \text{1,916,000} & \text{\hspace{26pt}115.08}\\ \text{eBay} & \text{\hspace{12pt}2,856,000} & \text{\hspace{13pt}23,647,000} &\text{1,295,000} & \text{\hspace{30pt}59.06}\\ \text{Pfizer} & \text{\hspace{7pt}22,003,000} & \text{\hspace{13pt}76,620,000} & \text{6,813,000} & \text{\hspace{30pt}32.43} \end{array}

Required

Using the P/E ratios, rank the companies' stock in the order that the stock market appears to value the companies, from most valuable to least valuable. Identify reasons the ranking based on P/E ratios may not represent the market's optimism about one or two companies.

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business

In given Exercises we give the total variation, the unexplained variation $(S S E)$ , and the least squares point estimate $b_1$ that are obtained when simple linear regression is used to analyze the data set related to each of six previously discussed case studies. Using the information given in exercise, find the explained variation, the simple coefficient of determination $\left(r^2\right)$ , and the simple correlation coefficient $(r)$ . Interpret $r^2$ .

Total variation $=61.380 ; \operatorname{SSE}=1.438 ; b_1=5.7066$

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business math

Find the amount of commission earned by each salesperson.

Salesperson	Amount of Sales	Rate of Commission	Amount of Commision
			Estimate	Calculate
Hiroko	$\$11,245$	$7\%$	$\underline{\qquad \qquad}$	$\underline{\qquad \qquad}$

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Junior Lesson 20

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