Ist Floor Initial Cost = $800,000 + 12% of $800,000 = $896,000 Annual Rent = $14,400 + 4% of $14,400 = $14,976 * 10 = $149,760 Annual Operating costs and taxes = $3,000 + 4% of $3,000 = $3,120 * 10 = $31,200 Sale price = $1,500,000 + 1,500,000 * 4% = $1,560,000 Discount Rate = 5% Time Period = 10 years Net Present Value (NPV) is the method of ananlysing an investment based on the present values (values in the year 0) of all the cash flows. P/A = [(1 + i)n - 1]/ i(1 + i)n P/F = 1/ (1 + i)n NPV = - Initial cost - Annual operating cost (P/A, i, n) + Rent (P/A, i, n) + Sale price (P/F, i, n)

NPV = - 896,000 - 31,200 (7.65) + 144,000 (7.65) + 1,560,000 (0.62)

NPV = - 896,000 - 238,680 + 1,101,600 + 967,200

*** In this answer how do you get the (7.65) and the (0.62) ***

Answers

Answer 1

An investment based on the present values factors or decimal places mentioned in the original solution 931,575.53.

In the given solution, the values (7.65) and (0.62) appear to be factors used in the present value calculations. Let's break down how these factors are derived:

The factor (7.65) is used in the calculation of the present value of the annual operating costs and taxes. The formula used is P/A, where:

P/A = [(1 + i)²n - 1] / [i(1 + i)²n]

Here, i represents the discount rate (5%) and n represents the time period (10 years). Plugging in these values:

P/A = [(1 + 0.05)²10 - 1] / [0.05(1 + 0.05)²10]

= (1.6288950 - 1) / (0.05 ×1.6288950)

≈ 0.6288950 / 0.08144475

≈ 7.717209

The factor (0.62) is used in the calculation of the present value of the sale price. The formula used is P/F, where:

P/F = 1 / (1 + i)²n

Plugging in the values:

P/F = 1 / (1 + 0.05)²10

= 1 / 1.6288950

≈ 0.6143720

Therefore, the correct calculations should be:

NPV = -896,000 - 31,200 (7.717209) + 144,000 (7.717209) + 1,560,000 (0.6143720)

= -896,000 - 241,790.79 + 1,111,588.08 + 957,778.24

To know more about decimal here

https://brainly.com/question/30958821

#SPJ4


Related Questions

a pencil that is 4 in. long (starting at x=2) and has a density function of rho(x)=5/x oz/in.

Answers

The mass of the pencil is approximately 5.49 ounces.

To find the mass of the pencil, we can integrate the density function over the length of the pencil.

The density function is given by rho(x) = 5/x oz/in.

We want to find the mass of the pencil, so we integrate the density function from x = 2 (the starting point of the pencil) to x = 6 (the endpoint of the pencil).

The integral is ∫[2, 6] (5/x) dx.

Evaluating the integral, we have:

∫[2, 6] (5/x) dx = 5 ln(x) ∣[2, 6] = 5 ln(6) - 5 ln(2) = 5 (ln(6) - ln(2)).

Using the property of logarithms, we can simplify this to:

5 ln(6/2) = 5 ln(3) ≈ 5 (1.098) ≈ 5.49 oz.

The mass of the pencil is approximately 5.49 ounces.

For more such questions on mass

https://brainly.com/question/28916233

#SPJ8

"When adding the percentages to all the branches from a single node, the sum of the probabilities needs to add up to 1.0 (representing 100% )." True False

Answers

The statement "When adding the percentages to all the branches from a single node, the sum of the probabilities needs to add up to 1.0 (representing 100%)" is true.

In probability theory, when considering a single event or node with multiple possible outcomes or branches, each branch is associated with a probability or percentage. The sum of these probabilities or percentages should add up to 1.0 or 100%, indicating that one of the outcomes is certain to occur.

This principle is known as the "Law of Total Probability" or the "Probability Axiom" and is a fundamental concept in probability theory. It ensures that the probabilities assigned to all possible outcomes are mutually exclusive and collectively exhaustive.

To know more about Law of Total Probability here: brainly.com/question/3039827

#SPJ11

A manufacturer claims his light bulbs have a mean life of 1600 hours. A consumer group wants to test if their light bulbs do not last as long as the manufacturer claims. They tested a random sample of 290 bulbs and found them to have a sample mean life of 1580 hours and a sample standard deviation of 40 hours. Assess the manufacturer's claim.
What is the significance probability or P value. Choose the appropriate range.
1)P > .10
2) .05 < P ≤ . 10
3) .01 < P ≤ .05
4) P ≤ .01

Answers

The p-value is less than or equal to .01, so the appropriate range is 4) P ≤ .01.

The null hypothesis H0: µ = 1600. The alternative hypothesis H1: µ < 1600.Since the standard deviation of the population is known, we will use a normal distribution for the test statistic. The test statistic is given by the formula (x-μ)/(σ/√n), where x is the sample mean, μ is the population mean, σ is the population standard deviation, and n is the sample size.

The z-score is (1580-1600)/(40/√290) = -5.96

The corresponding p-value can be found using a standard normal table. The p-value is the area to the left of the test statistic on the standard normal curve.

Since the alternative hypothesis is one-sided (µ < 1600), the p-value is the area to the left of z = -5.96. This area is very close to zero, indicating very strong evidence against the null hypothesis.

Therefore, the p-value is less than or equal to .01, so the appropriate range is 4) P ≤ .01.

Thus, the manufacturer's claim that the light bulbs have a mean life of 1600 hours is not supported by the data. The consumer group has strong evidence to suggest that the mean life of the light bulbs is less than 1600 hours.

Know more about null hypothesis here,

https://brainly.com/question/30821298

#SPJ11

"There exists a continuous function f, so that: f(−1)=3,f(2)=0, but f(x) never equals 2."
Do you agree or disagree? If you agree, give an example of such a function. If you disagree, write a proof (citing any theorems you need) that such a function cannot exist.

Answers

It is not possible for a continuous function f to have f(x) never equal 2, while having specific values at certain points, such as f(-1) = 3 and f(2) = 0.

This contradicts the Intermediate Value Theorem (IVT), which states that if a continuous function f is defined on a closed interval [a, b] and takes on two different values, say c and d, within that interval, then it must also take on every value between c and d.

In this case, if f(-1) = 3 and f(2) = 0, the function must take on all values between 3 and 0 within the interval [-1, 2], including the value 2. This directly contradicts the statement that f(x) never equals 2.

Therefore, it is not possible to find a continuous function that satisfies the given conditions and never takes on the value 2.

Learn more about function here:

https://brainly.com/question/28278690

#SPJ11

The continuous probability distribution X has the form M(h)x a for =(e(2) and is otherwise rero. What is its mean? Note that you will need to make ure the total probability is one. Give your answer in the form a bc.

Answers

The mean of the given continuous probability distribution, represented as M(h)xa for x = e² and zero otherwise, is approximately 0.0278.

The given probability distribution is shown below:

P(X = x) = M(h)xa for x = e², and zero otherwise.

To find the value of a, we can use the fact that the total probability of the distribution must be equal to 1. Therefore, we can write:

∫₀¹ M(h)xa dx = 1, where ∫₀¹ represents the integral from 0 to 1.

Substituting the value of the probability density function (PDF) into this equation, we get:

∫₀¹ M(h)xa dx = ∫₀ᵉ² M(h)xa dx + ∫ₑ²¹ M(h)xa dx + ∫₁ M(h)xa dx = 1

The first and third integrals are zero since the PDF is zero for x < e² and x > 1.

The second integral is:

M(h)∫₀ᵉ² xa dx = M(h)[x²/2]₀ᵉ² = M(h)(e⁴-1)/2

Therefore, we can write:

M(h)(e⁴-1)/2 = 1M(h) = 2/(e⁴-1)

Now that we have found the value of M(h), we can find the mean of the distribution. The mean is given by:

µ = ∫₀¹ xP(x) dx

Substituting the value of the PDF into this equation, we get:

µ = ∫₀¹ xM(h)xa dx = M(h)∫₀¹ x²a dx = M(h)[x³/3]₀¹ = M(h)/3

Therefore, we can write:

µ = (2/(e⁴-1))/3 = 2e⁻⁴/3

The mean of the given continuous probability distribution is 2e⁻⁴/3, which can be expressed in the form of a bc as follows:

a = 2, b = 1, c = 3.

Therefore, the mean of the distribution is 2e⁻⁴/3 ≈ 0.0278.

Learn more about continuous probability distribution at:

brainly.com/question/30466390

#SPJ11


What is the median of the following data set: 24, 100, 10,
42?

Answers

The median of the data set {24, 100, 10, 42} is 33.

To find the median, we arrange the data set in ascending order: 10, 24, 42, 100. Since the data set has an odd number of values, the median is the middle value. In this case, the middle value is 42, so the median is 42.

The median is a measure of central tendency that represents the middle value of a data set. It is useful when dealing with skewed distributions or data sets with outliers, as it is less affected by extreme values compared to the mean.

In the given data set, we arranged the values in ascending order and found the middle value to be 42, which is the median. This means that half of the values in the data set are below 42 and half are above 42.

To learn more about central tendency : brainly.com/question/28473992

#SPJ11

Two 10−cm-diameter charged rings face each other, 30 cm apart. The left ring is charged to −21nC and the right ring is charged to +21nC. What is the magnitude of the electric field E at the midpoint between the two rings? Express your answer to two significant figures and include the appropriate units. Part C What is the magnitude of the force F on a −1.0nC charge placed at the midpoint? Express your answer to two significant figures and include the appropriate units.

Answers

The magnitude of the electric field E at the midpoint between two 10-cm-diameter charged rings, with charges of -21nC and +21nC and a separation of 30 cm, can be calculated using the electric field formula for a charged ring. The magnitude of the force F on a -1.0nC charge placed at the midpoint can be determined using the equation F = qE, where q is the charge and E is the electric field.

To find the magnitude of the electric field E at the midpoint between the two rings, we can use the formula for the electric field of a charged ring:

E = (k * Q) / (2 * π * r)

Where k is the electrostatic constant (approximately 9 * 10^9 Nm^2/C^2), Q is the charge on the ring, and r is the distance from the center of the ring to the point where the electric field is being measured.

Substituting the given values into the equation, we get:

E = (9 * 10^9 Nm^2/C^2 * 21nC) / (2 * π * 0.15m)

Calculating this expression, we find that the magnitude of the electric field at the midpoint is approximately 22,192 N/C.

To find the magnitude of the force F on a -1.0nC charge placed at the midpoint, we can use the equation F = qE, where q is the charge and E is the electric field. Substituting the values, we get:

F = (-1.0nC) * (22,192 N/C)

Calculating this expression, we find that the magnitude of the force on the charge is approximately 22,192 nN.

Learn more about equation here:  brainly.com/question/30130739

#SPJ11

Let n : the total number of observations of the response variable, a : the number of levels(groups) of factor A, b: the number of levels (groups) of factor B. In a two-way ANOVA, how many degrees of freedom are used for the error term? A) ab(n−1) B) (a−1) C) n−ab D) (a−1)(b−1

Answers

The correct answer is D) (a-1)(b-1). The degrees of freedom for the error term (df_error) is calculated as df_error = df_total - df_A - df_B = (n-1) - (a-1) - (b-1) = (a-1)(b-1), which corresponds to option D.

In a two-way ANOVA (Analysis of Variance), the error term represents the variation within each combination of factor levels that cannot be explained by the main effects or the interaction effect. The degrees of freedom for the error term are calculated as the total degrees of freedom minus the degrees of freedom for the main effects and the interaction effect.

The total degrees of freedom (df_total) is given by n-1, where n is the total number of observations of the response variable.

The degrees of freedom for factor A (df_A) is (a-1), where a is the number of levels (groups) of factor A.

The degrees of freedom for factor B (df_B) is (b-1), where b is the number of levels (groups) of factor B.

Therefore, the degrees of freedom for the error term (df_error) is calculated as df_error = df_total - df_A - df_B = (n-1) - (a-1) - (b-1) = (a-1)(b-1), which corresponds to option D.

Learn more about number here: brainly.com/question/10547079

#SPJ11

The yield V (in millions of cubic feet per acre) for a stand of timber at age t is V=6.9e(−4.82)/t here t is measured in years. (a) Find the limiting volume of wood per acre as t approaches infinity. ___ million ft3/ acre (b) Find the rates at which the yield is changing when t=30 and t=70. (Round your answers to thri when t=30 years ___ million ft3/acre/yr when t=70 years ___ million ft3/ acre/yr

Answers

(a) the limiting volume of wood per acre as t approaches infinity is 6.9 million ft^3/acre.

(b) when t = 30 years, the rate of change of yield is approximately 0.270 million ft^3/acre/yr, and when t = 70 years, the rate of change of yield is approximately 0.158 million ft^3/acre/yr.

(a) To find the limiting volume of wood per acre as t approaches infinity, we need to evaluate the yield function as t approaches infinity:

V = 6.9e^(-4.82/t)

As t approaches infinity, the exponential term approaches zero, since the denominator gets larger and larger. Therefore, we can simplify the equation to:

V = 6.9e^(0)

Since any number raised to the power of zero is 1, we have:

V = 6.9 * 1 = 6.9 million ft^3/acre

Therefore, the limiting volume of wood per acre as t approaches infinity is 6.9 million ft^3/acre.

(b) To find the rates at which the yield is changing when t = 30 and t = 70, we need to calculate the derivative of the yield function with respect to t:

V = 6.9e^(-4.82/t)

Differentiating both sides of the equation with respect to t gives us:

dV/dt = -6.9 * (-4.82/t^2) * e^(-4.82/t)

When t = 30:

dV/dt = -6.9 * (-4.82/30^2) * e^(-4.82/30)

Simplifying:

dV/dt = 0.317 * e^(-0.1607) ≈ 0.317 * 0.8514 ≈ 0.270 million ft^3/acre/yr (rounded to three decimal places)

When t = 70:

dV/dt = -6.9 * (-4.82/70^2) * e^(-4.82/70)

Simplifying:

dV/dt = 0.169 * e^(-0.0689) ≈ 0.169 * 0.9336 ≈ 0.158 million ft^3/acre/yr (rounded to three decimal places)

Therefore, when t = 30 years, the rate of change of yield is approximately 0.270 million ft^3/acre/yr, and when t = 70 years, the rate of change of yield is approximately 0.158 million ft^3/acre/yr.

Visit here to learn more about exponential brainly.com/question/32723856

#SPJ11

Edison Research gathered exit poll results from several sources for the Wisconsin recall election of Scott Walker. They found that 34% of the respondents voted in favor of Scott Walker. Additionally, they estimated that of those who did vote in favor of Scott Walker, 30% had a college degree, while 46% of those who voted against Scott Walker had a college degree. (Round to 2 decimal places) a) What is the probability that a randomly selected individual who participated in the poll, does not support Scott Walker and does not have a college degree? b) What is the probability that a randomly selected individual who participated in the poll does not have a college degree? Suppose we randomly sampled a person who participated in the poll and found that he had a college degree. What is the probability that he voted in favor of Scott Walker?

Answers

a) To find the probability that a randomly selected individual who participated in the poll, does not support Scott Walker and does not have a college degree, we can use the formula:

P(does not support Scott Walker and does not have a college degree)= P(not support Scott Walker) × P(not have a college degree)P(not support Scott Walker)

= (100 - 34)% = 66% = 0.66

P(not have a college degree) = 1 - P(have a college degree)

= 1 - 0.3 (since 30% had a college degree) = 0.7

Therefore, the probability that a randomly selected individual who participated in the poll does not support Scott Walker and does not have a college degree is

P(not support Scott Walker and not have a college degree) = 0.66 × 0.7 = 0.462 ≈ 0.46 (rounded to 2 decimal places)

b) To find the probability that a randomly selected individual who participated in the poll does not have a college degree, we can use the formula:

P(not have a college degree) = 1 - P(have a college degree)

= 1 - 0.3 (since 30% had a college degree) = 0.7.

Therefore, the probability that a randomly selected individual who participated in the poll does not have a college degree is P(not have a college degree) = 0.7.

Suppose we randomly sampled a person who participated in the poll and found that he had a college degree. We need to find the probability that he voted in favor of Scott Walker.

To solve this problem, we can use Bayes' theorem. Let A be the event that the person voted in favor of Scott Walker and B be the event that the person has a college degree.

Then, we need to find P(A|B).We know that:P(A) = 0.34 (given),P(B|A) = 0.3 (given), P(B|not A) = 0.46 (given),P(not A) = 1 - P(A) = 1 - 0.34 = 0.66

Using Bayes' theorem, we can write:P(A|B) = P(B|A) × P(A) / [P(B|A) × P(A) + P(B|not A) × P(not A)]

Substituting the values, we get:P(A|B) = 0.3 × 0.34 / [0.3 × 0.34 + 0.46 × 0.66]≈ 0.260 (rounded to 3 decimal places)

Therefore, the probability that the person voted in favor of Scott Walker, given that he has a college degree is approximately 0.260.

Learn more about decimal places and probability https://brainly.com/question/30357698

#SPJ11

I am a number less than 3,000 . When you divide me by 32 , my remainder is 30. When you divide me by 58 , my remainder is 44 . What number am I? Solution: Taking x as the number to be found, x=32a+30=58b+44 where a and b are the quotients you get on dividing x by 32 and 58. Simplifying this equation you get 16a+15=29b+22 16a=(16+13)b+22−15 or 16a=16b+13b+7 16(a−b)=13b+7 Now I have to find a value for b where 13b+7 is divisible by 16 . The least common multiple of these numbers can be found by going through the multiplication tables of 13 and 16 and 13×13+7=176, while 16×11 is also 176 . Now that the value of b is found to be 13 , we can substitute it in our first equation, x=58b+44=58×13+44=798

Answers

The number that satisfies the given conditions is 798. When you divide 798 by 32, the remainder is 30. Similarly, when you divide 798 by 58, the remainder is 44.

To solve this problem, we can use simultaneous equations. Let x be the number we need to find. Then, x = 32a + 30 and x = 58b + 44, where a and b are the quotients obtained on dividing x by 32 and 58. Simplifying this equation, we get 16a + 15 = 29b + 22.

Rearranging the equation, we get 16a - 29b = 7. To find a value for b where 13b + 7 is divisible by 16, we can use the least common multiple of 13 and 16, which is 176. Therefore, b = 13.

Substituting the value of b in the first equation, we get x = 58b + 44 = 798. Hence, the number we are looking for is 798.

Know more about simultaneous equations here:

https://brainly.com/question/31913520

#SPJ11

Consider the O-ring Model. Suppose we have 2 types of workers: H-type (with q=0.6) and L-type (with q=0.4). If there are 6 workers, 3 of each type, based on the O-ring model, how should we allocate these workers to get the maximum output? {HLH,LHL} {HLL,LHH} {HHH,LLL} all of the above

Answers

We should allocate the workers as follows: {HLH,LHL} {HLL,LHH} {HHH,LLL} to get the maximum output.

The O-ring model states that production output depends on the quality of each worker. The quality of the final product is determined by the lowest quality worker working on the project.

In the given case, we have two types of workers: H-type and L-type.

The H-type workers have a quality of q=0.6, and the L-type workers have a quality of q=0.4.

We are to determine how to allocate the workers to get the maximum output.

The answer is all of the above.{HLH,LHL} {HLL,LHH} {HHH,LLL} is the allocation we need to get maximum output.

Here's how we arrive at the solution:

For the O-ring model, we need to group the workers in a way that minimizes the number of low-quality workers in a group.

We can have two possible groupings as follows:

{HLH,LHL} - This group has a minimum q of 0.4, which is the quality of the L-type worker in the middle of the group.

{HLL,LHH} - This group also has a minimum q of 0.4, which is the quality of the L-type worker on the left of the group.

The other grouping, {HHH,LLL}, has all low-quality workers in one group and all high-quality workers in another group. This is not ideal for the O-ring model as the low-quality workers will negatively affect the output of the high-quality workers.

Thus, to get the maximum output, we should allocate the workers as follows:

{HLH,LHL} {HLL,LHH} {HHH,LLL} all of the above

To learn more about O-ring model

https://brainly.com/question/32938866

#SPJ11

A continuous probability distribution X is uniform over the interval [0,1)∪[2,4) and is otherwise zero. What is the mean? Give you answer in the form a.bc.

Answers

The mean of the probability distribution X is 8/3.

Given continuous probability distribution X which is uniform over the interval [0,1) ∪ [2,4) and is otherwise zero.

We need to find the mean of the probability distribution X.Mean of probability distribution X is given by: μ= ∫x f(x)dx, where f(x) is the probability density function.

Here, the probability density function of X is given by:f(x) = 1/3 for x ∈ [0,1) ∪ [2,4)and f(x) = 0 otherwise.

Therefore, μ = ∫x f(x) dx = ∫0¹ x*(1/3) dx + ∫2⁴ x*(1/3) dx

Now we have two intervals over which f(x) is defined, so we integrate separately over each interval: `μ= [x²/6] from 0 to 1 + [x²/6] from 2 to 4

Evaluating this expression, we get: `μ= (1/6) + (16/6) - (1/6) = 8/3

Therefore, the mean of the probability distribution X is 8/3.

To learn about probability here:

https://brainly.com/question/251701

#SPJ11

Consider the linear regression model Y1=β1+β2T1+ε1. Here Y1 is the per capita GDP in the data based on data from the years 2000,…,2012. In order to estimate the coefficients, T variable is the years are subtracted from the midpoint year 2006 so that it takes on values: −6,−5,−4,−3,−2,−1,0,1,2,3,4,5,6. (7+5=12 marks) (i) Derive the normal equations from the method of least squares to obtain the estimated coefficients for the intercept and slope coefficient. (ii) Obtain the estimates of the intercept and the slope based on the above data and explain why the intercept is the same as Yˉ and the slope coefficient has the same value as ∑i=110T2∑t=110YT

Answers

The normal equations for the given linear regression model is ∑i =1^10 T2 ∑t =1^10 YT.

To estimate the coefficients of the linear regression model Y1 = β1 + β2T1 + ε1, we can use the method of least squares and derive the normal equations.

The normal equations will provide us with the estimated coefficients for the intercept and slope coefficient. The intercept estimate will be the same as the mean of Y1, denoted as Y', while the slope coefficient estimate will be the same as the sum of T2 multiplied by the sum of YT, denoted as ∑ i =1^10 T2 ∑t =1^10 YT.

(i) To derive the normal equations, we start by defining the error term ε1 as the difference between the observed value Y1 and the predicted value β1 + β2T1. We then minimize the sum of squared errors ∑ i =1^12 ε1^2 with respect to β1 and β2. By taking partial derivatives and setting them equal to zero, we obtain the following normal equations:

∑ i =1^12 Y1 = 12β1 + ∑ i =1^12 β2T1

∑ i =1^12 Y1T1 = ∑ i =1^12 β1T1 + ∑ i =1^12 β2T^2

(ii) Based on the given data, we can calculate the estimates for the intercept and slope coefficient. The intercept estimate, β1, will be equal to the mean of Y1, denoted as Y'. The slope coefficient estimate, β2, will be equal to the sum of T^2 multiplied by the sum of YT, i.e., ∑i =1^10 T2 ∑t =1^10 YT.

Learn more about Linear Regression model here:

brainly.com/question/32621004

#SPJ11

A) A population of values has a normal distribution with a mean of 82.6 and a standard deviation of 56.2. You intend to draw a random sample of size n=223.
Find the probability that a sample of size n=223 is randomly selected with a mean between 70.6 and 74.3.
P(70.6 Enter your answers as numbers accurate to 4 decimal places. Answers obtained using exact z-scores or z-scores rounded to 3 decimal places are accepted.
B) A population of values has a normal distribution with a mean of 134.1 and a standard deviation of 22.9. You intend to draw a random sample of size n=15.
Find the probability that a sample of size n=15 is randomly selected with a mean between 117.5 and 144.7
P(117.5 Enter your answers as numbers accurate to 4 decimal places. answers obtained using exact z-scores or z-scores rounded to 3 decimal places are accepted.

Answers

The probability that a sample of n = 15 with a mean of 117.5 and 144.7 is selected at random is approximately 0.

A) We need to calculate the z-scores for both values and then determine the area under the standard normal distribution curve between those z-scores in order to determine the probability that a sample of size n = 223 is selected at random with a mean value between 70.6 and 74.3.

Given:

First, we use the following formula to determine the standard error of the mean (SE): Population Mean (x1) = 70.6 Population Standard Deviation (x2) = 74.3 Sample Size (n) = 223

SE = / n SE = 56.2 / 223  3.7641 The z-scores for the sample means are then calculated:

z1 = (x - ) / SE = (70.6 - 82.6) / 3.7641  -3.1882 z2 = (x - ) / SE = (74.3 - 82.6) / 3.7641  -2.2050 The area under the curve that lies in between these z-scores can be determined using a standard normal distribution table or a calculator.

The desired probability can be obtained by dividing the area that corresponds to -2.2050 by the area that corresponds to -3.1882.

The probability that a sample of n = 223 with a mean of 70.6 to 74.3 is selected at random is approximately 0.0132, as Area = 0.0007 - 0.0139  0.0132.

B) In a similar manner, we are able to determine the likelihood that a sample of n = 15 with a mean value ranging from 117.5 to 144.7 is selected at random for the second scenario.

Given:

The standard error of the mean (SE) can be calculated as follows: Population mean () = 134.1 Population standard deviation () = 22.9 Sample size (n) = 15 Sample mean (x1) = 117.5 Sample mean (x2) = 144.7

SE = / n SE = 22.9 / 15  5.9082 Calculate the sample means' z-scores:

z1 = (x - ) / SE = (117.5 - 134.1) / 5.9082  -2.8095 z2 = (x - ) / SE = (144.7 - 134.1) / 5.9082  1.8014 We calculate the area under the curve between these z-scores with the standard normal distribution table.

The desired probability can be obtained by dividing the area that corresponds to -2.8095 by the area that corresponds to 1.8014. Area = P(-2.8095  z  1.8014)

The probability that a sample of n = 15 with a mean of 117.5 and 144.7 is selected at random is approximately 0.4555; area = 0.0024 - 0.4579  0.4555.

To know more about Probability, visit

brainly.com/question/23417919

#SPJ11

For a mechanism with three vectorr loops, how many coordinate frames do you need? 1 3 1 per ground point 2

Answers

For a mechanism with three vector loops, you would need a minimum of four coordinate frames.

In a mechanism, each vector loop represents a closed path formed by a series of links and joints. To describe the motion and relationships of these links, we use coordinate frames to define the orientation and position of each link in space.

A minimum of four coordinate frames is required because, in a three-loop mechanism, each loop introduces three independent position and orientation constraints. These constraints are related to the degrees of freedom of the mechanism. To uniquely describe the motion of the mechanism, we need to establish four coordinate frames.

Additionally, having more than four coordinate frames may be necessary depending on the complexity and requirements of the mechanism. It allows for better representation and analysis of the motion and forces within the mechanism.

To learn more about vector here:

https://brainly.com/question/24256726

#SPJ4

Let A and B be events with probabilities 3/4 and 1/3, respectively. (a) Show that the probability of A∩B is smaller than or equal to 1/3. Describe the situation in which the probability is equal to 1/3. (b) Show that the probability of A∩B is larger than or equal to 1/12. Describe the situation in which the probability is equal to 1/12.

Answers

The events A and B are not mutually exclusive, so the probability of A∩B cannot be equal to 1/12.

(a) The probability of A∩B is given by the intersection of the probabilities of A and B:

P(A∩B) = P(A) * P(B)

Substituting the given probabilities:

P(A∩B) = (3/4) * (1/3) = 1/4

Since 1/4 is smaller than 1/3, we have shown that the probability of A∩B is smaller than 1/3.

The situation where the probability of A∩B is equal to 1/3 would occur if and only if A and B are independent events, meaning that the occurrence of one event does not affect the probability of the other event. However, in this case, A and B are not independent events, so the probability of A∩B cannot be equal to 1/3.

(b) Similar to part (a), we have:

P(A∩B) = P(A) * P(B) = (3/4) * (1/3) = 1/4

Since 1/4 is larger than 1/12, we have shown that the probability of A∩B is larger than 1/12.

The situation where the probability of A∩B is equal to 1/12 would occur if and only if A and B are mutually exclusive events, meaning that they cannot occur at the same time. In this case, the events A and B are not mutually exclusive, so the probability of A∩B cannot be equal to 1/12.

To know more about probability, visit:

https://brainly.com/question/31828911

#SPJ11

Which of the following situations can be modeled by uniform distribution?

1. When each value of a continuous random variable is not equally likely to occur
2. When each discrete value is equally likely to occur
3. When each value of a continuous random variable is equally likely to occur
4. Salary of the employees in an organization a. 1 and 2
b. 2 and 3
c. 1 and 3
d. All of the above

Answers

The correct answer is (b) 2 and 3.

A uniform distribution is characterized by each discrete value having an equal probability of occurring or each value of a continuous random variable having an equal probability density. Therefore, situations 2 and 3 satisfy the conditions for a uniform distribution.

Situation 1 states that each value of a continuous random variable is not equally likely to occur, which contradicts the definition of a uniform distribution.

Situation 4, which refers to the salary of employees in an organization, does not necessarily follow a uniform distribution. Salary distributions are typically skewed or have specific patterns, such as clustering around certain values or following a normal distribution. Thus, it does not fall under the uniform distribution.

Therefore, situations 2 and 3 satisfy the conditions for a uniform distribution.

To learn more about uniform distribution

https://brainly.com/question/33321793

#SPJ11

Determine the location and value of the absolute extreme values of f on the given interval, if they exist. f(x)=x3−63x2 on [−21,63]

Answers

Answer:

minima: (-21, -37044) and (42, -37044)maxima: (0, 0) and (63, 0)

Step-by-step explanation:

You want the absolute extreme values of f(x) = x³ -63x² on the interval [-21, 63].

Extremes

The absolute extremes will be located at the ends of the interval and/or at places within the interval where the derivative is zero.

Derivative

The derivative of f(x) is ...

  f'(x) = 3x² -126x

This is zero when its factors are zero.

  f'(x) = 0 = 3x(x -42)

  x = {0, 42} . . . . . . . . . within the interval [-21, 63]

Function values

The attachment shows the function values at these points and at the ends of the interval. It tells us the minima are located at x=-21 and x=42. The maxima are located at x=0 and x=63. Their values are -37044 and 0, respectively.

__

Additional comment

These are absolute extrema in the interval because no other values are larger than these maxima or smaller than the minima.

<95141404393>

Overview of Time Value of Money What does the variable " N " mean with respect to time value of money (TVM) calculations? Number of periods in a year at which interest is applied. Number of periods at which the interest is applied. Nominal value of payments. Number of payments in a year.

Answers

The variable "N" in time value of money (TVM) calculations typically represents the number of periods at which the interest is applied.

In TVM calculations, "N" refers to the number of compounding periods or the number of times interest is applied. It represents the time duration or the number of periods over which the cash flows occur or the investment grows. The value of "N" can be measured in years, months, quarters, or any other unit of time, depending on the specific situation.

For example, if an investment pays interest annually for 5 years, then "N" would be 5. If the interest is compounded quarterly for 10 years, then "N" would be 40 (4 compounding periods per year for 10 years).

Understanding the value of "N" is essential for calculating present value, future value, annuities, and other financial calculations in TVM, as it determines the frequency and timing of cash flows and the compounding effect over time.

To learn more about interest  click here

brainly.com/question/8100492

#SPJ11

Find (f−1)′(a) for f(x)=35−x​ when a=1 (Enter an exact answer.) Provide your answer below: (f−1)′(1) = ____

Answers

Using differentiation, [tex](f^{-1})'(1) = -1[/tex]

To find the derivative of the inverse function [tex](f^{-1})'(a)[/tex], we can use the formula:

[tex](f^{-1})'(a) = 1 / f'(f^{-1}(a))[/tex]

Given f(x) = 35 - x, we need to find [tex](f^{-1})'(1)[/tex].

Step 1: Find the inverse function [tex]f^{-1}(x)[/tex]:

To find the inverse function, we interchange x and y and solve for y:

x = 35 - y

y = 35 - x

Therefore, the inverse function is [tex]f^{-1}(x) = 35 - x[/tex].

Step 2: Find f'(x):

The derivative of f(x) = 35 - x is f'(x) = -1.

Step 3: Evaluate [tex](f^{-1})'(1)[/tex]:

Using the formula, we have:

[tex](f^{-1})'(1) = 1 / f'(f^{-1}(1))[/tex]

Since [tex]f^{-1}(1) = 35 - 1 = 34[/tex], we can substitute it into the formula:

[tex](f^{-1})'(1) = 1 / f'(34)[/tex]

              = 1 / (-1)

              = -1

Therefore, [tex](f^{-1})'(1) = -1[/tex].

To know more about differentiation, refer here:

https://brainly.com/question/31539041

#SPJ4

The probability at least one computer is available at any time in a computer lab is 0.75. a. Susan makes 16 visits to the computer lab. Calculate the probability that at least one computer is available on exactly 10 occasions. b. David makes 10 visits to the computer lab. Calculate the probability that at least one computer is available on 5 or more occasions.

Answers

The probability that at least one computer is available on exactly 10 occasions is 0.1007. The probability that at least one computer is available on 5 or more occasions is 0.3936.

a.  Let X be the number of occasions that the computer is available. So, the probability of at least one computer available on any given occasion is 0.75 and the probability of no computer being available is (1-0.75) = 0.25.The probability of having the computer available 10 times out of 16 visits can be calculated as follows: P(X=10) = [tex]${16 \choose 10}$ (0.75)^(10)(0.25)^(6)[/tex]≈0.1007.

b.  Let Y be the number of occasions that the computer is available. So, the probability of at least one computer available on any given occasion is 0.75 and the probability of no computer being available is (1-0.75) = 0.25.The probability of having the computer available 5 or more times out of 10 visits can be calculated as follows:[tex]P(Y≥5) = 1 - P(Y < 5) = 1 - P(Y=0) - P(Y=1) - P(Y=2) - P(Y=3) - P(Y=4)P(Y=0) = (0.25)^10P(Y=1) = ${10 \choose 1}$ (0.75)(0.25)^9P(Y=2) = ${10 \choose 2}$ (0.75)^2(0.25)^8P(Y=3) = ${10 \choose 3}$ (0.75)^3(0.25)^7P(Y=4) = ${10 \choose 4}$ (0.75)^4(0.25)^6[/tex]Substitute all the values:[tex]P(Y≥5) = 1 - (0.25)^10 - ${10 \choose 1}$ (0.75)(0.25)^9 - ${10 \choose 2}$ (0.75)^2(0.25)^8 - ${10 \choose 3}$ (0.75)^3(0.25)^7 - ${10 \choose 4}$ (0.75)^4(0.25)^6≈0.3936[/tex]

Let's learn more about probability:

https://brainly.com/question/25839839

#SPJ11

A simple random sample of size n=36 is obtained from a population that is skewed right with μ=72 and α=6. (a) Describe the sampling distribution of x. (b) What is P(x>73.05) ? (c) What is P ( x≤6995) ? (d) What is P (70.55 x
ˉ
A. The distribution is skewed right. B. The distribution is skewed left. C. The distribution is uniform. D. The distribution is approximately nomal. E. The shape of the distrbution is unknown. Find the mean and standard deviation of the sampling distrbuton of x.
μ
i

=
σ
ix

=

(Type integern of decimais Do not round) min( Fsizh n)= [Pruind in frust derimal nlaree se nanitoit?

Answers

(a) The sampling distribution of x, the sample mean, is approximately normal. According to the Central Limit Theorem, for a sufficiently large sample size, the sampling distribution of the sample mean tends to follow a normal distribution regardless of the shape of the population distribution. Since the sample size is 36, which is considered large, we can assume that the sampling distribution of x is approximately normal.

(b) To find P(x > 73.05), we need to standardize the value using the mean and standard deviation of the sampling distribution. The mean of the sampling distribution, μx, is equal to the population mean, μ, which is given as 72. The standard deviation of the sampling distribution, σx, can be calculated by dividing the population standard deviation, α, by the square root of the sample size: σx = α / sqrt(n). Plugging in the values, we get σx = 6 / sqrt(36) = 1. Therefore, we can find the probability using the standard normal distribution table or a calculator.

(c) To find P(x ≤ 69.95), we again need to standardize the value using the mean and standard deviation of the sampling distribution. Then we can use the standard normal distribution table or a calculator to find the probability.

(d) The probability P(70.55 < x < 73.05) can be found by standardizing both values and using the standard normal distribution table or a calculator to find the area between these two values.

To learn more about standard deviation ; brainly.com/question/13336998

#SPJ11

A sample of 18 plants was taken and the mean height was 28 cm. A 95% confidence interval for the true mean height of plants of that particular species is (23.4 cm, 32.6 cm).
Four students gave the following interpretations of the confidence interval. Which of the following is correct?
a. We are 95% confident that the true mean height is 28 cm since that value lies in the confidence interval.
b. We can be fairly confident that 95% of all plants of that species have a height between 23.4 cm and 32.6 cm.
c. The probability is 0.95 that the mean height lies in the interval (23.4, 32.6).
d. We are 95% confident that the true mean height for all plants of that species will lie in the interval (23.4, 32.6)

Answers

The correct interpretation is (d) We are 95% confident that the true mean height for all plants of that species will lie in the interval (23.4 cm, 32.6 cm).

(a) This interpretation is incorrect. Confidence intervals provide a range of plausible values for the true mean, but it does not mean that the true mean is exactly equal to the observed sample mean.

(b) This interpretation is incorrect. Confidence intervals do not provide information about individual plants but rather about the population mean. It does not make a statement about the proportion of plants falling within the interval.

(c) This interpretation is incorrect. Confidence intervals are not about probabilities. The confidence level reflects the long-term performance of the method used to construct the interval, not the probability of the true mean lying within the interval.

(d) This interpretation is correct. A 95% confidence interval means that if we were to repeat the sampling process and construct confidence intervals in the same way, we would expect 95% of those intervals to capture the true mean height of all plants of that species. Therefore, we can say we are 95% confident that the true mean height lies in the interval (23.4 cm, 32.6 cm).

The correct interpretation is (d) We are 95% confident that the true mean height for all plants of that species will lie in the interval (23.4 cm, 32.6 cm).

To know more about mean visit

https://brainly.com/question/1136789

#SPJ11

A company is considering expanding their production capabilities with a new machine that costs $48,000 and has a projected lifespan of 6 years. They estimate the increased production will provide a constant $8,000 per year of additional income. Money can earn 1.9% per year, compounded continuously. Should the company buy the machine? No, the present value of the machine is less than the cost by ∨∨06↑ over the life of the machine Question Help: D Video Question 10 ए 0/1pt↺2⇄99 (i) Details Find the present value of a continuous income stream F(t)=20+6t, where t is in years and F is in thousands of dollars per year, for 30 years, if money can earn 2.5% annual interest, compounded continuously. Present value = thousand dollars.

Answers

The present value of the continuous income stream F(t) = 20 + 6t over 30 years, with an interest rate of 2.5% compounded continuously, is approximately $94.48 thousand dollars.

To find the present value of the continuous income stream F(t) = 20 + 6t over 30 years, we need to use the continuous compounding formula for present value.

The formula for continuous compounding is given by:

PV = F * [tex]e^{-rt}[/tex]

Where PV is the present value, F is the future value or income stream, r is the interest rate, and t is the time in years.

In this case, F(t) = 20 + 6t (thousands of dollars per year), r = 0.025 (2.5% expressed as a decimal), and t = 30.

Substituting the values into the formula, we have:

PV = (20 + 6t) * [tex]e^{-0.025t}[/tex]

PV = (20 + 630) * [tex]e^{-0.02530}[/tex]

PV = 200 * [tex]e^{-0.75}[/tex]

Using a calculator, we find that [tex]e^{-0.75}[/tex] ≈ 0.4724.

PV = 200 * 0.4724

PV ≈ $94.48 (thousand dollars)

Therefore, the present value of the continuous income stream F(t) = 20 + 6t over 30 years, with an interest rate of 2.5% compounded continuously, is approximately $94.48 thousand dollars.

To know more about present value:

https://brainly.com/question/28304447


#SPJ4

Evaluate the integral. ∫2^x/2^x +6. dx

Answers

The value of the given integral  ∫2^x/2^x +6. dx would be -3 log |1 + 6/2^x| + C.

Given the integral is ∫2^x/2^x +6. dx

We are supposed to evaluate this integral. In order to evaluate the given integral, let's follow the steps given below.

Step 1: Divide the numerator and the denominator by 2^x to get 1/(1+6/2^x)

So, ∫2^x/2^x +6. dx = ∫1/(1+6/2^x) dx

Step 2: Now, substitute u = 1 + 6/2^x

Step 3: Differentiate both sides with respect to x, we getdu/dx = -3(2^-x)Step 4: dx = -(2^x/3) du

Now the integral is ∫du/u

Integrating both the sides of the equation gives us ∫1/(1+6/2^x) dx = -3 log |1 + 6/2^x| + C

Therefore, the value of the given integral is -3 log |1 + 6/2^x| + C.

Learn more about integral at https://brainly.com/question/31433890

#SPJ11

A polling company reported that 49% of 1013 surveyed adults said that pesticides are "quite annoying." Complete parts (a) through (d) below. a. What is the exact value that is 49% of 1013? The exact value is (Type an integer or a decimal.) b. Could the result from part (a) be the actual number of adults who said that pesticides are "quite annoying"? Why or why not? A. No, the result from part (a) could not be the actual number of adults who said that pesticides are "quite annoying" because a count of people must result in a whole number. B. No, the result from part (a) could not be the actual number of adults who said that pesticides are "quite annoying" because that is a very rare opinion. C. Yes, the result from part (a) could be the actual number of adults who said that pesticides are "quite annoying" because the results are statistically significant. D. Yes, the result from part (a) could be the actual number of adults who said that pesticides are "quite annoying" because the polling numbers are accurate.

Answers

The answer is A. No, the result from part (a) could not be the actual number of adults who said that pesticides are "quite annoying" because a count of people must result in a whole number.The total number of people surveyed was 1013.

a)The exact value that is 49% of 1013 is: 496.37. (Multiplying 1013 and 49/100 gives the answer).Therefore, 49% of 1013 is 496.37.

b)No, the result from part (a) could not be the actual number of adults who said that pesticides are "quite annoying" because a count of people must result in a whole number.

Therefore, the answer is A. No, the result from part (a) could not be the actual number of adults who said that pesticides are "quite annoying" because a count of people must result in a whole number.The total number of people surveyed was 1013.

It is not possible to have a fraction of a person, which is what the answer in part a represents. Polling data that is a fraction is almost always rounded up or down to the nearest whole number. Additionally, it is statistically improbable that exactly 49% of the people surveyed have this opinion.

Learn more about pesticides here,

https://brainly.com/question/3456810

#SPJ11

what is the t* associated with 98% confidence and df = 37?

Answers

When constructing a 98% confidence interval with a sample size of 37, the t* value to use for determining the margin of error or the width of the confidence interval is approximately 2.693.

To find the t* value associated with a 98% confidence level and degrees of freedom (df) equal to 37, we can refer to a t-distribution table or use statistical software. The t* value represents the critical value that separates the central portion of the t-distribution, which contains the confidence interval.

In this case, with a 98% confidence level, we need to find the t* value that leaves 1% of the distribution in the tails (2% divided by 2 for a two-tailed test). With df = 37, we can locate the corresponding value in a t-distribution table or use software to obtain the value.

Using a t-distribution table or software, the t* value associated with a 98% confidence level and df = 37 is approximately 2.693. This means that for a sample size of 37 and a confidence level of 98%, the critical value falls at approximately 2.693 standard deviations away from the mean.

Visit here to learn more about standard deviations:  

brainly.com/question/475676

#SPJ11

HELP!!! HELP!!! HELP!!! HELP!!! HELP!!! HELP!!! HELP!!! HELP!!! HELP!!! HELP!!! HELP!!!

Answers

The length of the rectangular plot is 125 feet.

How to find the side of a rectangle?

A rectangle is a quadrilateral with opposite sides equal to each other and opposite sides parallel to each other.

The rectangle has a right triangle in it. Therefore, using Pythagoras's theorem,

c² = a² + b²

where

c = hypotenusea and b are the other legs

Therefore,

l² = 325² - 300²

l = √105625 - 90000

l = √15625

l = 125 ft

Therefore,

length of the rectangular plot = 125 feet

learn more on rectangles here: https://brainly.com/question/21297672

#SPJ1

1.) Construct a function called conv1 which inputs a measurement in centimeters and outputs the corresponding measurement in inches.

2.) Construct a function called conv2 which inputs a measurement in centimeters and outputs the corresponding measurements in inches, feet, and meters

3.) Construct a function called conv3 which inputs a measurement in centimeters and outputs the corresponding measurement in inches. However, if a negative value is entered as an input, no conversion of unit is done and an error message is printed instead.

Answers

1.) The function conv1 can be defined as:

def conv1(cm):

   inches = cm / 2.54

   return inches

This function takes a measurement in centimeters as input and returns the corresponding measurement in inches by dividing the input by 2.54, which is the number of centimeters in an inch.

2.) The function conv2 can be defined as:

def conv2(cm):

   inches = cm / 2.54

   feet = inches / 12

   meters = cm / 100

   return inches, feet, meters

This function takes a measurement in centimeters as input and returns the corresponding measurements in inches, feet, and meters. The conversion factors used are 2.54 centimeters per inch, 12 inches per foot, and 100 centimeters per meter.

3.) The function conv3 can be defined as:

def conv3(cm):

   if cm < 0:

       print("Error: Input must be a positive number.")

   else:

       inches = cm / 2.54

       return inches

This function takes a measurement in centimeters as input and returns the corresponding measurement in inches, but only if the input is a positive number. If the input is negative, the function prints an error message.

Learn more about "Function conv" : https://brainly.com/question/11624077

#SPJ11

Other Questions
Answer the following questions. Write your answers each in a brief and succinct paragraph. a) Briefly discuss what makes an ethical leader. b) As a manager, how would you keep your business and/or others to a high ethical standard in terms of personal ethics? c) What are the conditions that bring about unethical organisations and practices? d) What would be the organisational values that you would strive for in an organisation? e) What would be the methods you would employ to ensure compliance to good work ethics? (ANSWERS must be related to the ethical perspective of religions or philosophy learnt). Which ordered pair can be plotted together with these four points, so that the resulting graph still represents a function? the alternate versions of a gene are called ____ Can you explain in brief about following points on Australiancompany TPGBusiness during covidWhere we are?Where we are headingConclude watch the TED talk "Charles robertson- Africa's next boom"explainin detail Which of the following is NOT characterized as Operant Resources?A. Human knowledge and skillB. Natural resources Operations managers must be able to anticipate changes in which of the following?a. product mixb. product opportunitiesc. the products themselvesd. product volumee. all of the above which of the following statements best represents a neoclassical interpretation of a short-run increase in aggregate supply? select the two correct answers below. Using the rule of 72 , if you invest $10,000 and receive an annual return on your investment of 6%, how long will it take for your investment to grow to $40,000 ? 1) 12 years 2) 18 years 3) 24 years. 4) 36 years. A company paid the $1,350 premium on a thee year instarance polior on a0ri 1.2015. The pofcy gave protection begining on that date How may dat an of the premium wilf appear as an expense on the ealendar year zess neare statement assuming the accrual basis of accounting? Assuring the cak basis of accounting? $1350 accrual basis, $337.50 cash basis$450 accrual basis, $450 cash basis$337.50 accrual basis, $1,350 cash basis$1012,50 accrual basis, $1,350 cash basis$1350 accrual basis, $1,250 cash basis Which piece of evidence demonstrates how Paleolithic peoples were shifting from a nomadic way of life to a more settled lifestyle? Find the eigenvalues of the matrix A= [9 12-4 5 ]The eigenvalues are (Enter your answers as a comma separated list. The list you enter should have repeated items if there are eigenvalues with multiplicity greater than one). Write the complex number z=31i in polar form: z=r(cos+isin) where r= and = The angle should satisfy 0 Frankfurt Pump Questions for Chapter 17 (ONLY ANSWER IF YOU KNOW THE FRANKFURT PUMP CASE/STORY)1.How might Frankfurt Pump begin re-assessing its corporate strategy? Apply the IS/MP framework to discuss the factors that might affect the short-run impact on real national income of a boost in business confidence how does friction affect the net force on an object \( \mathrm{P} 18,000 \). If the yield of the investment is \( 6 \% \), determine the present worth cost. explores the impact of COVID in the business environment. How will the COVID-19 pandemic alter business and society relationships? Identify and discuss some of the major effects and Impacts Diamond Offshore files for bankruptcy, citing price war, coronavirus. - The contract drilling company filed for Chapter 11 bankruptcy on April 26. The Houston-based company named low oil demand amid the coronavirus outbreak and the "price war" between OPEC and Russia as factors that caused its business to decline. Before filing for bankruptcy, Diamond Offshore skipped an interest payment and secured restructuring advisers. The company also recently drew down $400 million under a revolving credit facility.Question1. Describe a root cause analysis that you would conduct to identify warning signs that might push the project into distress.2. Describe the discovery plan you would implement to rescue this project. a) E-waste has been identified as one of the main contributors to the negative impact on our environment and our society. For example, the improper disposal of electronic products leads to the possibility of damaging the environment. In addition to this, e-waste is placed in landfills, exposing the environment to toxins. As a result of e-waste, there are regulations for the disposal of electronic and electrical equipment at the end of its life. Discuss the potential e-waste products may generate, and how would you minimise these negative impacts to our society and the environment. If applicable use an electronic device as an example, provide illustration(s) and example calculation(s) to support your written report. (approximately 400 words) b) WTS Ltd is a small-scale wind turbine shafts manufacturer, operates in 2 rotating shifts per day, i.e. 8 hours per shift. To determine a specification for the wind turbine shafts, the company must determine both a functional tolerance and customer loss. The customer loss, Ao, is the average loss occurring during the manufacturing of the shafts. The company's manufacturing target is 100 shafts per shift. The average cost to the consumer is 100 per shaft due to defect. The functional tolerance, To is set with an acceptable level of 2 shafts. * Given that: L=k* (y-m) ? ; k= (Aol (T.)2); L = Loss function y=reported value; m = mean value (average) (i) (ii) What is the loss imparted to society per manufacturing shift with 85shafts? The manufacturing tolerance is the economic break-even point for reworking scrap. Suppose the off-target wind turbine shaft can be adjusted at the end of the line for 25. At what tolerance (acceptable) level, should the manufacturer spend the 25 to adjust the shaft? Hint: The manufacturing tolerance is determined by setting L = 25. c) The bathtub curve is widely used in reliability engineering. It describes a particular form of the hazard function which comprises three parts. (i) Illustrate a diagram to represent the Bathtub curve. (ii) What is the purpose of the Bathtub?