A small dealership leased 21 Suburu Outbacks on 2-year leases. When the cars were returned at the end of the lease, the mileage was recorded (see below). 40,004 24,942 14,344 17,377 44,728 44,507 20,224
33,372 24,277 41,787 58,314 35,830 25,723 28,964
25,078 43,337 23,941 43,588 53,617 31,876 36,717
(a) Is the dealer's mean significantly greater than the national average of 29,452 miles for 2-year leases? Using the 10 percent level of significance, choose the appropriate hypothesis.
H0: μ ≤ 29,452 miles vs. H1: μ > 29,452 miles, reject H0 if tcalc > 1.3250
H0: μ ≥ 29,452 miles vs. H1: μ > 29,452 miles, reject H0 if tcalc > 1.3250
H0: μ ≤ 29,452 miles vs. H1: μ < 29,452 miles, reject H0 if tcalc > 1.3250
H1: μ ≤ 29,452 miles vs. H0: μ > 29,452 miles, reject H0 if tcalc > 1.3250
a
d
b
c
(b) Calculate the test statistic. (Round your answer to 2 decimal places.)
Test statistic

Salvador county issued $25 million of 5% demand bonds for construction of a county maintenance building. the county has no take-out agreement related to the bonds. it estimates that 20% of the bonds would be demanded (called) by the buyers if interest rates increased at least 1%. at year-end rates on comparable debt were 7%. how should these demand bonds be reported in the government-wide financial statements at year-end? a) $25 million in the long-term liability section of the governmental activities column. b) $5 million in the current liability section of the governmental activities column and $20 million in the long-term liabilities section of the governmental activities column. c) $5 million in the governmental activities column and $20 million would be reported in the schedule of changes in long-term debt obligations. d) $25 million in the current liability section of the governmental activities column

Which of the following pairs is most similar to each other? a. barter goods and fiat money b. digital money and barter goods c. fiat money and digital money d. commodity money and digital money

Security a has a higher standard deviation of returns than security b. we would expect that: (i) security a would have a risk premium equal to security b. (ii) the likely range of returns for security a in any given year would be higher than the likely range of returns for security b. (iii) the sharpe ratio of a will be higher than the sharpe ratio of b. (a) i only (b) i and ii only (c) ii and iii only (d) i, ii and iii