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Q1) Lauren Moore has sold her business for $500,000 and wishes to invest in condominium units (which she intends to rent) and land (which she will lease to a farmer). She evaluates that she will get the annual return of $8,000 for each condominium and $6,000 for each acre of land. Condominium unit costs $70,000, and land costs $30,000 per acre. Condominium will cost her $1,000 per unit, an acre of land will cost $2,000 for maintenance and upkeep, and $14,000 has been budgeted for these annual expenses. Lauren wishes to know how much to invest in condominiums and land to maximize her annual return.
a) Prepare a mixed integer programming model for this problem.
b) Solve this model using computer.
Assume that the class has 60 students and that the examination period is 90 minutes in length. How many students do you expect will be unable to complete the exam in the allotted time.
Perform the trend analysis of Pf with incrementally increasing number of the simulation cycles, and calculate the statistical uncertainty in the estimate expressed as the coefficient of variation.
Assuming that these are a random sample of all publicly traded companies, construct a 95 % confidence interval for the overall noncompliance proportion.
The number of customers at a specialty meat store averages about 1500/day. The exact number varies from day to day. On Fridays before long weekends, the number of customers increases to about 3000. Which of the following statements is correct
As part of this trial, they want to find out whether there is a difference between effectiveness for women and for men. At = .05, what is the test value?
At the .05 significance level, is there a difference in the proportion of viewers watching the three channels?
Create a hypothesis and perform a series of tests to determine if there is any fundamental difference in the findings.
Would the null hypothesis be accepted or rejected in this case?
Construct a grouped frequency distribution using six classes.
The management of White companies considering a new method of assembling its golf cart. Compute which assembly time using the new method is faster.
How closely is the height of an individual related to the weight? Partial regression output for a sample of 92 individuals is below.
For the 20 test scores shown, find the percentile rank for a score of 86.
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