Answer Parts A,B, and C please

4)    Anton Decorators had the following selected balances in its accounts on March 1:

A. Draw these T-accounts, putting in the March 1 balances. (Hint: Accounts are expected to have positive balances.)

B. Write the journal entries for the following adjustments made on March 31. Post these entries to the T-accounts.

1. $1,500 was collected on account.

2. $800 of revenue was accrued (i.e., customers were provided services, but the customers have not yet paid).

3. There are $400 of supplies on hand.

4. $3,100 of the unearned revenue has now been earned.

5. The March 1 salary payable was fully paid.

6. Another $750 of salary is owed to employees for March. This amount has not yet been paid
6. C) Total up all of the T-accounts to show their balances at March 31.

Use the Housing Interest Rate database (see DATA at bottom of this question)

In this part using Housing Interest Rate database, the objective is to compare the variation in the FIXED_RATE between two periods; before 2000 and after year 2000.

• i) Using descriptive statistics measures to interpret the shape of FIXED_RATE variable, calculate any outlier(s) finally verify whether if the empirical rule applies to the FIXED_RATE distribution.  Use an appropriate graph to confirm your findings.

• ii) Use a random generating procedure to draw a random sample of size 80 with respect to the “before and after year 2000 “factor.  Indicate which sampling method you used.  Using your sample data, calculate which period shows more variation in the FIXED_RATE.  Using the sample data, what is the   sampling error of FIXED_RATE?

I WILL GIVE YOU THUMBS UP AND EXCELLENT REVIEWS FOR HELP/GUIDANCE WITH THIS. ANY HELP WILL BE GREATLY APPRECIATED! THANK YOU!

DATA:

Data used in budgeting:

Actual results for December:

An employee of a small software company in Minneapolis bikes to work during the summer months. He can travel to work using one of three routes and wonders whether the average commute times (in minutes) differ between the three routes. He obtains the following data after traveling each route for one week.

Route 1 30 26 34 34 32

Route 2 23 22 28 25 20

Route 3 27 29 24 30 27

Construct an ANOVA table. (Round intermediate calculations to at least 4 decimal places. Round "SS", "MS", "p-value" to 4 decimal places and "F" to 3 decimal places.)

a-2. At the 5% significance level, do the average commute times differ between the three routes. Assume that commute times are normally distributed.

Yes since the p-value is less than significance level.

No since the p-value is less than significance level.

No since the p-value is not less than significance level.

Yes since the p-value is not less than significance level.

b. Use Tukey’s HSD method at the 5% significance level to determine which routes' average times differ. (You may find it useful to reference the q table). (If the exact value for nT − c is not found in the table, use the average of corresponding upper & lower studentized range values. Negative values should be indicated by a minus sign. Round your answers to 2 decimal places.)

1. Suppose a fair, two-sided coin is flipped. If it comes up heads you receive $5. If it comes up tails you lose $1. The expected value of this lottery is (a) $2 (b) $3 (c) $4 (d) $5 (e) None of the above

2. An individual has a vNM utility function over money of u(x) = p3 x , where x is final wealth. She currently has $8 and can choose among the following three lotteries. Which lottery will she choose? • Lottery 1: Give up her $8 and face the gamble (0.1, 0.5, 0.4) over final wealth levels ($1, $8, $27). • Lottery 2: Keep her $8. • Lottery 3: Give up her $8 and face the gamble (0.2, 0.8,0.0) over final wealth levels ($1, $8, $27) (a) Lottery 1 (b) Lottery 2 (c) Lottery 3 (d) She is indifferent between the three lotteries.

3. An individual has a vNM utility function over money of u(x) = px, where x is final wealth. Assume the individual currently has $16. He is offered a lottery with three possible outcomes; he could gain an extra $9, lose $7, or not lose or gain anything. There is a 15% probability that he will win the extra $9. What probability, p, of losing $7 would make the individual indifferent between to play and to not play the lottery? (a) p = 0.15 (b) p = 1.08 (c) p = 0.415 (d) p = 0.05 (e) None of the above

Customers arrive at a grocery store at an average of 2.1 per minute. Assume that the number of arrivals in a minute follows the Poisson distribution. Provide answers to the following to 3 decimal places.

Part a)

What is the probability that exactly two customers arrive in a minute?



Part b)

Find the probability that more than three customers arrive in a two-minute period.



Part c)

What is the probability that at least seven customers arrive in three minutes, given that exactly two arrive in the first minute?

question c is not 0.442

Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good barometer of the overall stock market. On January 31, 2006, 9 of the 30 stocks making up the DJIA increased in price (The Wall Street Journal, February 1, 2006). On the basis of this fact, a financial analyst claims we can assume that 30% of the stocks traded on the New York Stock Exchange (NYSE) went up the same day.

A sample of 57 stocks traded on the NYSE that day showed that 28 went up.

You are conducting a study to see if the proportion of stocks that went up is is significantly more than 0.3. You use a significance level of α=0.10α=0.10.

What is the test statistic for this sample? (Report answer accurate to three decimal places.)
test statistic =___________

What is the p-value for this sample? (Report answer accurate to four decimal places.)
p-value = ___________

Please show me step by step how you got the P-vaule!!!!!!

Suppose a consumer buys 20 units of good X and 10 units of good Y every year. The following table lists the prices of goods X and Y in the years 2005–2007. Assume that these two goods at the mentioned consumption constitute the typical market basket. Calculate the price indices for these years with 2005 as the base year and complete table. What is the inflation rates for 2006 and 2007? Compared to 2005, was inflation higher in 2006 or 2007?

Explain why Ford would be violating U.S. GAAP if it recognized all related revenue at the time cash was received from customers, rather than recording any as deferred

Question 3(a):
When customers arrive at Cool's Ice Cream Shop, they take a number and wait to be called to purchase ice cream from one of the counter servers. From experience in past summers, the store's staff knows that customers arrive at a rate of 150 per hour on summer days between 3:00 p.m. and 10:00 p.m., and a server can serve 1 customer in 1 minute on average. Cool's wants to make sure that customers wait no longer than 10 minutes for service. Cool's is contemplating keeping three servers behind the ice cream counter during the peak summer hours.
(i) Will this number be adequate to meet the waiting time policy?
(ii) What will be the probability that 3 to 4 customers in Shop?
(iii) In winter season, arrival rate of customer is reduced to half from 3:00 p.m. and 10:00 p.m. What decision should be taken by the owner according to cost cutting point of view?
Question 3(b):
Analysis of arrivals at a PSO gas station with a single pump (filler) has shown the time between arrivals with a mean of 10 minutes. Service times were observed with a mean time of 6 minutes.
(i) What is the probability that a car will have to wait?
(ii) What is the mean number of customers at the station?
(iii) What is the mean number of customers waiting to be served?
(iv) PSO is willing to install a second pump when convinced that an arrival would expect to wait at least twelve minutes for the gas. By how much the flow of arrivals is increased in order to justify a second booth?