A study was conducted at the University of Waterloo on the impact characteristics of football helmets used in competitive high school programs. There were three types of helmets considered, classified according to liner type: suspension, padded-suspension, and padded. In the study, a measurement called the Gadd Severity Index (GSI) was obtained on each helmet, using a standardized impact test. A helmet was deemed to have failed if the GSI was greater than 1200. Of the 81 helmets tested, 29 failed the GSI 1200 criterion. How many suspension-type helmets should be tested so that the margin of error does not exceed 0.05 with 95% confidence

You are working on a bid to build two city parks a year for the next three years. this project requires the purchase of $249,000 of equipment that will be depreciated using straight-line depreciation to a zero book value over the three-year project life. ignore bonus depreciation. the equipment can be sold at the end of the project for $115,000. you will also need $18.000 in net working capital for the duration of the project. the fixed costs will be $37000 a year and the variable costs will be $148,000 per park. your required rate of return is 14 percent and your tax rate is 21 percent. what is the minimal amount you should bid per park? (round your answer to the nearest $100) (a) $214,300 (b) $214,100 (c) $212,500 (d) $208,200 (e) $208,400