Your textbook defines an installment loan as a “loan with regular payments” (Cleaves, Hobbs, & Noble, 2014, page 428). Search the internet to find an article or application of a type of installment loan that you find interesting, that you encounter on a daily basis or that you find in your profession. Present this article or application to the class and explain why you chose […]

: Your task is to help the organization answer their question by critically analyzing the data. You will run statistical tests, interpret the results, and present the results and recommendations to non-technical decision makers in the form of a statistical report. Keep in mind that it is your job to do this from a statistical standpoint. Be sure to justify your conclusions and recommendations with […]

Random and independent samples of  recent prime time airings from each of two major networks have been considered. The first network aired a mean of  commercials during prime time, with a standard deviation of  commercials. The second network aired a mean of  commercials, with a standard deviation of  commercials. As the sample sizes are quite large, the population standard deviations can be estimated using the sample standard deviations. Construct a  confidence […]

Random and independent samples of  recent prime time airings from each of two major networks have been considered. The first network aired a mean of  commercials during prime time, with a standard deviation of  commercials. The second network aired a mean of  commercials, with a standard deviation of  commercials. As the sample sizes are quite large, the population standard deviations can be estimated using the sample standard deviations. Construct a  confidence […]

Karen is an acupuncturist with a busy practice. In addition to acupuncture services, Karen sells teas, herbal supplements, and rice-filled heating pads. Because Karen’s primary income is from acupuncture, she feels that she is providing the other items simply to fill a need and not as an important source of profits. As a matter of fact, the rice-filled heating pads are made by a patient […]

The Internal Revenue Service (IRS) provides a toll-free help line for taxpayers to call in and get answers to questions as they prepare their tax returns. In recent years, the IRS has been inundated with taxpayer calls and has redesigned its phone service as well as posted answers to frequently asked questions on its website (The Cincinnati Enquirer, January 7, 2010). According to a report […]

Assignment: Applications of Graph Theory In 1736, a famous Swiss mathematician Leonhard Euler (1707 – 1783) started the work in the area of Graph Theory through his successful attempt in solving the problem of “Seven Bridges of Konigsberg.” Graph Theory solved many problems in multiple fields (Chinese Postman Problem, DNA fragment assembly, and aircraft scheduling.) In Chemistry, Graph Theory is used in the study of […]

1.What is the difference between an equation and an expression?Can we multiply every term of an equation by anything we want?  How about an expression?How do you find the common denominator of two or more fractions? (Give a step by step method.) 2.What are the three steps for solving a quadratic equation?When do you have to use the quadratic formula?When can you use the root […]

Most railroad cars are owned by individual railroad companies. When a car leaves its home trackage it becomes part of a national pool  of cars and can be used by other railroads. The riles governing the use of these pooled cars are designed to eventually return the car tothe home trackage. A particular rairoad found that each month 10% of its boxcars on the home […]

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