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in Biology·
28 Sep 2019

Experimental Review

Below are five hypothetical experimental designs. Your job as a reviewer is to pick one of the experiments and write a detailed summary of what is wrong with the proposed study.

Your review should use vocabulary words that have been discussed in class and address the following questions.

Is the study feasible? Will it actually be possible to conduct the proposed study in a controlled manner that produces meaningful data? If there is more than one variable changing simultaneously, no controls, or no replication, then the study is unlikely to produce meaningful data. If there is no way to monitor an experiment in the environment, or no way to conduct the experiment in a controlled environment, like a laboratory, then the experiment is unlikely feasible.

Can you tell from the text if the experiment is designed to be conducted by performing treatments, or by analyzing observational data about a species and its habitat?

Is there a testable hypothesis? Is the study set up so that it will be possible to measure the effects in a quantifiable way? What will be measured? Is there a control group and a treatment group? Or, an independent variable like temperature, and a dependent variable like germination time?

Could you graph the results of this experiment? If so, how would you do it? A column chart to show treatments and controls? A scatter plot or a line graph to look at how changes in the independent variable affect the dependent variable?

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1. Experiments to Review

1. Climate Change Effects on Marine Iguana Mortality

Hypothesis: If the water temperature in the Galapagos Islands changed from being hot (around 77 degrees) to cold (under 70 degrees), then the mortality rate of Marine Iguanas will increase.

Variables: The independent variable is the temperature of the water that the Marine Iguanas live in. The dependent variable is the mortality rate of the Marine Iguanas. The mortality rate of the Marine Iguanas at the average water temperatures of their habitat.

Experimental Treatments: Iguana Group 1 will be water temperatures and marine iguana mortality rates before 1998. Iguana Group 2 will be water temperatures marine iguana mortality rates after 1998

Prediction:By comparting the average water temperatures with the mortality rates every year before the sudden drop in the iguana population and after a trend will be able to be seen. If the water temperature is truly to blame for the mortality rate increase the water temperature will decrease as the population of Iguanas decreases. The control group is intended to show the average number of Iguanas that die due to other causes.

2. Volcanic Ash Impacts Marine Iguana Longevity

Hypothesis: There are several volcanoes between both the Isabela, and Femandina islands which make this the obvious culprit for the extreme rise in mortality in Marine Iguanas.

Variables: The independent variable is the number of volcanic eruptions per year. The dependent variables are the change in pH of the water in the marine iguanas’ habitat, and the mortality rate of the iguanas.

Experimental Treatments: Iguana Group 1 will live on an island with multiple volcanic eruptions each year. Iguana Group 2 will live on an island with no volcanic eruptions.

Prediction: The group of iguanas living on the island with no eruptions will have longer life spans because the pH of the water will not be altered by the large number of volcanic eruptions.

in Accounting·
28 Sep 2019
Puget Concrete is a major west coast supplier of concrete to residential and commercial builders with multiple sites in the Puget Sound area. Concrete is sold (priced) by the cubic yard including costs based on number of cubic tards, delivery costs based on miles driven, and number of truck-hours while at the job site. The company's pricing policy is to price orders for concrete at 25% over full cost per cubic yard for the order. Full cost includes variable costs for concrete, delivery and yard operations plus an allocation for the estimated annual fixed costs of delivery, site operations and administrative costs (see 2017 cost estimates below).
Delivery costs include a rate per mile, recognizing that more miles means more gas and maintenance costs, plus a rate per truck-hour (hours on the job) since if kept waiting on a job site the truck must be kept running so the concrete will not harden and the driver must be paid for that time. Site operations is the name for the company's place where the concrete is prepared and loaded in the truck for delivery.
The price per cubic foot quoted the customer is based on full cost for the job plus 25% divided by number of cubic yards for the order as follows:
Jobs (orders) are priced as follows (using cost plus method):
Number of yards x Concrete cost/yard* * need to compute cost per yard based on cost data below
Number of Miles driven x $10 per mile using the planned miles for that order
Number of Truck hours x $50 per hour using the planned hours for that order
Total Job Cost
plus Markup (job cost x 25%)
Total Price for the order
Total price divided by number of cu yds ordered is the quoted price per cu yd (includes delivery)
At the start of 2017, the company estimated their costs as follows:
Costs included in concrete cost/yard:
Direct Material cost = $75 per cubic yard
Variable site operations costs = $17 per cubic yard
Fixed site operations costs = $300,000 per year
Fixed Delivery costs = $500,000 per year
Fixed Admin. costs = $2,125,000 per year
Costs included in delivery cost:
Variable Delivery costs = $10 per mile + $50 per truck hour
And estimated 2017 sales volume is as follows:
Annual totals (planned): 2017 amount
Total Cubic Yds to be delivered (sold) 500,000
Total Delivery Miles 700,000
Total Truck-hours 25,000
Total number of jobs (orders) 100
Answer each question below (Q1 - Q5) on the tab for that number. Format answer as needed.
Use "Wrap Text" and "Merge cells" to format cells to hold the text answers on the same page (as shown with this sentence). Increase the row height to make the whole line visible.
Fill in your name on Tab 1
Comprehensive Analysis Project questions (answer on Q# tab)
Q5 Puget's CFO will be meeting with the bank to apply for a loan, he had the following report parepared to meet the bank's request. Review the trends based on the this data and answer the questions below to prepare for the bank meeting:
Report of key ratios for last three years: 2016 2015 2014
Current ratio 2.6:1 2.4:1 2.2:1
Current assets / Current liabilities
Acid test (quick ratio) 0.9:1 1.0:1 1.1:1
(Cash + Short-term receivables) / Current liabilities
Accounts receivable turnover 9.2 times 10.3 times 11.5 times
Net credit sales / Accounts receivable
Inventory turnover 8.1 times 7.8 times 6.2 times
Cost of goods sold / Inventory
Return on total assets 14.5% 13.1% 11.3%
(Net income + [Interest expense x (1-Tax rate)]) / Total assets
Return on common stockholder’s equity 17.2% 15.1% 12.9%
Net income / Stockholders’ equity
Price–earnings ratio 14.5 17.2 17.8
Market price per share / Earnings per share
Earnings per share $1.52 $1.51 $1.54
Net income / Number of common shares outstanding
Note: There has been no change in number of shares outstanding.
Required: Answer each question (a - d) comparing 2016 to prior years and explain which ratio(s) were used and how they are interpreted (results of analysis).
a) Is it becoming easier for the company to pay its bills as they come due?
b) Are customers paying their credit accounts as well as they were in 2014?
c) Is the level of inventory increasing, decreasing, or remaining constant?
d) Is the market price of the company’s stock going up or down compared to 2014?
Required: Answer each question comparing 2016 to prior years and explain which ratio(s) were used and how they are interpreted (results of analysis).
a) Is it becoming easier for the company to pay its bills as they come due?
b) Are customers paying their credit accounts as well as they were earlier?
c) Is the level of inventory increasing, decreasing, or remaining constant?
d) Is the market price of the company’s stock going up or down compared to prior level?

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