A manager of a children’s toy plant believes that a two-day training class helps reduce the number of products that an employee breaks during the assembly process. She randomly selects seven senior employees to receive the training. She collects data on the number of toys they break per week before the training and then measures the same thing for the week after the training. The standard deviation of the difference is 3.45. Assume that toy breaking is normally distributed. The data collected is included in the table below:
Worker | Toys Broken Before Training | Toys Broken After Training |
---|---|---|
Frank | 16 | 10 |
John | 20 | 14 |
Suzanne | 18 | 17 |
Allyson | 22 | 23 |
Whitney | 23 | 20 |
Gray | 25 | 28 |
Brent | 20 | 20 |
Calculate d¯ or the average of the differences using an after-minus-before approach. Round your answers to 4 decimals
Calculate the appropriate test statistic needed to test your claim. Round your final answer to 4 decimals. Hint: Make sure you are using the correct formula based on the information given in the problem and use the minus sign (-) for a negative answer.
Find and enter the correct critical value needed to test your claim at the 5% significance level. Round your final answer to 4 decimals. Hint: Things you will need to know: alpha, df, is this one or two-tailed test, and which table to use! Use the minus sign (-) for a negative answer.
A manager of a children’s toy plant believes that a two-day training class helps reduce the...
1. A track coach is trying to determine if a new training program will lead to better standing long jump results. She selects 20 of her athletes, tests their standing long jump distances, then has them take part in a 12-week training program. After they complete the program, she tests their standing long jump distances. (The distances below are recorded in meters.) Before 2.35 2.42 2.26 2.58 2.62 2.16 2.40 2.62 2.35 2.47 After 2.34 2.48 2.29 2.62 2.64 2.18...
A mutual fund manager has a $20 million portfolio with a beta of 2.00. The risk-free rate is 6.75%, and the market risk premium is 5.0%. The manager expects to receive an additional $5 million, which she plans to invest in a number of stocks. After investing the additional funds, she wants the fund's required return to be 18%. What should be the average beta of the new stocks added to the portfolio? Do not round intermediate calculations. Round your...
Subject: PORTFOLIO BETA A mutual fund manager has a $20 million portfolio with a beta of 0.75. The risk-free rate is 4.00%, and the market risk premium is 5.0%. The manager expects to receive an additional $5 million, which she plans to invest in a number of stocks. After investing the additional funds, she wants the fund's required return to be 19%. What should be the average beta of the new stocks added to the portfolio? Do not round intermediate...
PORTFOLIO BETA A mutual fund manager has a $20 million portfolio with a beta of 2.00. The risk-free rate is 7.50%, and the market risk premium is 6.5%. The manager expects to receive an additional $5 million, which she plans to invest in a number of stocks. After investing the additional funds, she wants the fund's required return to be 19%. What should be the average beta of the new stocks added to the portfolio? Do not round intermediate calculations....
A mutual fund manager has a $20 million portfolio with a beta of 1.80. The risk-free rate is 7.75%, and the market risk premium is 6.5%. The manager expects to receive an additional $5 million, which she plans to invest in a number of stocks. After investing the additional funds, she wants the fund's required return to be 16%. What should be the average beta of the new stocks added to the portfolio? Negative value, if any, should be indicated...
A mutual fund manager has a $20 million portfolio with a beta of 1.40. The risk-free rate is 3.25%, and the market risk premium is 6.5%. The manager expects to receive an additional $5 million, which she plans to invest in a number of stocks. After investing the additional funds, she wants the fund's required return to be 15%. What should be the average beta of the new stocks added to the portfolio? Negative value, if any, should be indicated...
A mutual fund manager has a $20 million portfolio with a beta of 1.3. The risk-free rate is 3.5%, and the market risk premium is 9%. The manager expects to receive an additional $5 million, which she plans to invest in a number of stocks. After investing the additional funds, she wants the fund's required return to be 17%. What should be the average beta of the new stocks added to the portfolio? Negative value, if any, should be indicated...
A mutual fund manager has a $20 million portfolio with a beta of 1.3. The risk-free rate is 5.5%, and the market risk premium is 9%. The manager expects to receive an additional $5 million, which she plans to invest in a number of stocks. After investing the additional funds, she wants the fund's required return to be 19%. What should be the average beta of the new stocks added to the portfolio? Negative value, if any, should be indicated...
County despite traffic lights. The Traffic Department claims that a modification in the type of light will reduce these accidents. The county commissioners have agreed to a proposed experiment Eight intersections were chosen at random, and the lights at those intersections were modified. The numbers of minor accidents during a six-month period before and after the modifications were: Number of Accidents A B C DEF G H Before modification After modification 3 7 7 4 6 8 2 Click here...
A mutual fund manager has a $20 million portfolio with a beta of 1.3. The risk-free rate is 3.5%, and the market risk premium is 9%. The manager expects to receive an additional $5 million, which she plans to invest in a number of stocks. After investing the additional funds, she wants the fund's required return to be 17%. What should be the average beta of the new stocks added to the portfolio? Negative value, if any, should be indicated...