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Get Full Access to Contemporary Mathematics - 6 Edition - Chapter 20 - Problem 16
Get Full Access to Contemporary Mathematics - 6 Edition - Chapter 20 - Problem 16

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# The board of directors of Micro-Fine Fabricators, Inc., has declared a dividend of

ISBN: 9780538481267 378

## Solution for problem 16 Chapter 20

Contemporary Mathematics | 6th Edition

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Contemporary Mathematics | 6th Edition

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Problem 16

The board of directors of Micro-Fine Fabricators, Inc., has declared a dividend of $16,000,000. The company has 800,000 shares of preferred stock that pay$4.90 per share and 8,200,000 shares of common stock.a. What are the dividends due the preferred shareholders? b. What is the dividend per share of common stock?

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STATS10(2) Roberts, Erica 404400827 1/15/15 Q1. There is a strong, positive, correlation between weight and desired weight. Q2. Q3. Wdiff is a descrete variable. If wdiff=0 then the person’s weight and desired weight are the same. If wdiff is positive, then the person’s desired weight is more than their weight. The opposite is true for a negative wdiff; the person’s weight is more than their desired weight. Q4. The histogram of wdiff is unimodal and skewed left. It is centered around the median, which is -10. The range is found using the IQR, which is 21. It tells us that more people want to lose weight because their desired weight is lower than their current weight. Q5. The medians for both boxplots are around the same number (0), so in general, both genders view their weight the same. Q6. The mean is 169.68 and the standard deviation is 40.08. The proportion of weights within one standard deviation of the mean is 0.7076. Q7. In this lab, we use concepts that help describe boxplots an d dot plots, as well as interpretations of the mean, median, IQR, and standard deviation. Finding the proportion of weights within one standard deviation of the mean is a new concept. Appendix Coding ############################################ # Stats10 Roberts,Erica # # 4040400827

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##### ISBN: 9780538481267

This textbook survival guide was created for the textbook: Contemporary Mathematics, edition: 6. The answer to “The board of directors of Micro-Fine Fabricators, Inc., has declared a dividend of $16,000,000. The company has 800,000 shares of preferred stock that pay$4.90 per share and 8,200,000 shares of common stock.a. What are the dividends due the preferred shareholders? b. What is the dividend per share of common stock?” is broken down into a number of easy to follow steps, and 51 words. This full solution covers the following key subjects: . This expansive textbook survival guide covers 25 chapters, and 765 solutions. The full step-by-step solution to problem: 16 from chapter: 20 was answered by , our top Statistics solution expert on 03/13/18, 06:38PM. Since the solution to 16 from 20 chapter was answered, more than 374 students have viewed the full step-by-step answer. Contemporary Mathematics was written by and is associated to the ISBN: 9780538481267.

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