A simple random sample of size n is drawn from a population that is known to be normally distributed. The sample variance, s squareds2, is determined to be 11.611.6. Complete parts (a) through (c). (a) Construct a 90% confidence interval for sigma squaredσ2 if the sample size, n, is 20. The lower bound is 7.317.31. (Round to two decimal places as needed.) The upper bound is 21.7921.79. (Round to two decimal places as needed.) (b) Construct a 90% confidence interval for sigma squaredσ2 if the sample size, n, is 30. The lower bound is 7.907.90. (Round to two decimal places as needed.) The upper bound is 1919. (Round to two decimal places as needed.) How does increasing the sample size affect the width of the interval? The width does not change The width increases The width decreases

Anewspaper boy is trying to perfect his business in order to maximize the money he can save for a new car. daily paper sales are normally distributed, with a mean of 100 and standard deviation of 10. he sells papers for $0.50 and pays $0.30 for them. unsold papers are trashed with no salvage value. how many papers should he order each day and what % of the time will he experience a stockout? are there any drawbacks to the order size proposed and how could the boy address such issues?

2. the language of price controls consider the market for rental cars. suppose that, in a competitive market without government regulations, the equilibrium price of rental cars is $58 per day, and employees at car rental companies earn $19.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect there are many teenagers who would like to work at car rental companies, but the minimum-wage law sets the hourly wage at $23.00. the government has instituted a legal minimum price of $87 per day for rental cars. the government prohibits car rental companies from renting out rental cars for more than $87 per day.

Calculate riverside’s financial ratios for 2014. assume that riverside had $1,000,000 in lease payments and $1,400,000 in debt principal repayments in 2014. (hint: use the book discussion to identify the applicable ratios.)