A consumer advocacy group received a tip that an air conditioning company has been charging female customers more than male customers. The group's statistical expert decides examine this question at the α=0.10α=0.10 level of significance, by looking at the difference in mean charges between a random sample of female customers and a random sample of male customers. Let μFμF represent the average charges for female customers and μMμM represent the average charges for male customers.(Round your results to three decimal places)

Which would be correct hypotheses for this test?

• H0:μF−μM=0    H1:μF−μM≠0
• H0:μF−μM= 0 :H1:μF−μM<0
• H0:μF−μM=0 H1:μF−μM>0
• HO:μF−μM>0 H1:μF−μM<0

If we are going to test this using a confidence interval, which confidence interval should we construct?

• 80%
• 60%
• 90%
• 95%

A random sample of 33 female customers were charged an average of $915, with a standard deviation of $8. A random sample of 52 male customers were charged an average of $903, with a standard deviation of $17. Construct the confidence interval:

_____________ < μF−μ  < ____________________

Which is the correct result:

• 0 is contained in the confidence interval, so we Do not Reject the Null Hypothesis
• 0 is not contained in the confidence interval, so we Reject the Null Hypothesis
• 0 is not contained in the confidence interval, so we Do not Reject the Null Hypothesis
• 0 is contained in the confidence interval, so we Reject the Null Hypothesis

Which would be the appropriate conclusion?

• There is significant evidence to suggest that the company is charging its female customers more than its male customers.
• There is not significant evidence to suggest that the company is charging its female customers more than its male customers.

Simon Inc. is making the daily brownie run across the Chicago metropolitan area. They have seven customers and have identified the driving distance (in miles) between each pairwise combination as shown in the table. One-way streets and various construction projects affect driving distances such that the distance from one to the other may not be same depending on which site is the starting point. Identify the most energy efficient route that begins at Simon Inc. headquarters (Simon) and visits each customer once before returning to headquarters. Show work

On November 1, 2019, the account balances of Swifty Corporation were as follows.

During November, the following summary transactions were completed.

Enter the November 1 balances in the ledger accounts.
CASH

date explanation ref debit credit balance

ACCOUNT RECIVABLE

date explanation ref debit credit balance

SUPPLIES

date explanation ref debit credit balance

EQUIPMENT

date explanation ref debit credit balance

ACCUMULATED DEPRECIATION

date explanation ref debit credit balance

ACCOUNT PAYLABLE

date explanation ref debit credit balance

UNEARN REVENUE

date explanation ref debit credit balance

SALARY WAGE PAYLABLE

date explanation ref debit credit balance

COMMON STOCK

date explanation ref debit credit balance

RETAIN EARNING

date explanation ref debit credit balance

2.-) Journalize the November transactions

date /accout tittle / debit / credit

3.- ) Post to the ledger accounts.

cash: date / ref / debit / credit/ balance

account recivable:  date / ref / debit / credit/ balance

supplies :  date / ref / debit / credit/ balance

equipment:  date / ref / debit / credit/ balance

accumulated depreciation equipment:  date / ref / debit / credit/ balance

account paylable:  date / ref / debit / credit/ balance

unearn service revenue:  date / ref / debit / credit/ balance

salary wage paylable:  date / ref / debit / credit/ balance

common stock:  date / ref / debit / credit/ balance

services revenue: date / ref / debit / credit/ balance

salary wage expenses:  date / ref / debit / credit/ balance

rent expenses:  date / ref / debit / credit/ balance

4.- )Prepare a trial balance at November 30.

5.-) Adjustment data consist of:

Journalize the adjusting entries:

date/ account tittle / debit / credit

Annual per capita consumption of milk is 21.6 gallons (Statistical Abstract of the United States: 2006). Being from the Midwest, you believe milk consumption is higher there and wish to support your opinion. A sample of 16 individuals from the midwestern town of Webster City showed a sample mean annual consumption of 24.1 gallons with a standard deviation of 4.8.

Compute the value of the test statistic. (Round to two decimal places)

What is the p-value? (Round to three decimal places).

At α=0.05, what is your conclusion?

Rita is the owner of Rita’s Osteria. She wants to study the growth of her business using simulation. She is interested in simulating the number of customers and the amount ordered by customers each month. She feels that the number of customers is normally distributed, with a mean of 800 and a standard deviation of 45. The bill for each customer is $65 and uniformly distributed, with a maximum increase of 8% and a minimum decrease of 5%. The changes of the bills are incremental, i.e. each change is based off the average bill of the previous month. Formulate a simulation, computing the mean total revenue and the standard deviation in one year.

1. How is histone acetylation involved in regulation of gene expression?

2. Describe the difference between promoter and enhancer in eukaryotes.

3. How can a mutation in an insulator region for CTCF binding that controls a topologically associated domain (TAD) contribute to activation of a proto-oncogene thus causing cancer.

4. What is the role of RNA interference?

wk 5-1 Please explain and provide explanation

the concept of basis, differentiating between outside basis and inside basis. Then explain how two partners, each with a 50% interest in a partnership, can have different amounts of outside basis at the formation of the partnership. Shouldn’t the two partners contribute the same amount to have the same interest?

1. Keep-or-Drop Decision

   Petoskey Company produces three products: Alanson, Boyne, and Conway. A segmented income statement, with amounts given in thousands, follows:

   		Alanson		Boyne		Conway		Total
   Sales revenue		$1,280		$185		$360		$1,825
   Less: Variable expenses		1,115		45		288		1,448
   Contribution margin		$165		$140		$72		$377
   Less direct fixed expenses:
   	Depreciation	50		15		10		75
   	Salaries	95		85		84		264
   Segment margin		$20		$40		$(22)		$38

   Direct fixed expenses consist of depreciation and plant supervisory salaries. All depreciation on the equipment is dedicated to the product lines. None of the equipment can be sold.

   Assume that, each of the three products has a different supervisor whose position would be eliminated if the associated product were dropped.

   Assume that 20% of the Alanson customers choose to buy from Petoskey because it offers a full range of products, including Conway. If Conway were no longer available from Petoskey, these customers would go elsewhere to purchase Alanson.

   Required:

   Conceptual Connection: Estimate the impact on profit that would result from dropping Conway. Enter amount in full, rather than in thousands. For example, "15000" rather than "15".
   $

   Should Petoskey keep or drop Conway?
   

Assignment 1: Application – Diagnosing and Treating Skin Wounds

To prepare:

Consider how to properly diagnose skin wounds in frail elders, including how to distinguish between a colonization and infection.

Select a type of skin wound, such as bumps, bruises, shingles, herpes, bullous pemphigoid, Stevens-Johnson syndrome, etc. Research the guidelines for treatment of the skin wound you selected. Reflect on how you would treat and/or dress this wound.

Think about factors that might contribute to the development of the skin wound you selected. Consider strategies for the prevention and improvement of this type of wound.

To complete:

Write a 2- to 3-page paper that addresses the following:

Explain how to properly diagnose skin wounds in frail elders, including how to distinguish between a colonization and infection.

Describe the type of skin wound you selected.

Explain how you would treat and/or dress this wound based on guidelines for treatment.

Explain factors that might contribute to the development of the skin wound you selected. Include strategies for the prevention and improvement of this type of wound.

Not Easy Being Indie

Tough time to be in the retail music business. That wasn't always the case as chains such as Sam Goody's and Tower Records competed for side by side with thousands of independent record stores. Back in the day, one of the best independents was Millennium Music in Charleston, South Carolina—perennially winning awards for best CD store and best store staff. But things change. Millennium Music owner Kent Wagner had done everything possible to fight the changing tide brought on by the rise of digital music: At the apex of the business, Wagner owed seven stores, but for seven straight years, Millennium had suffered double-digit revenue declines.

"We always thought of ourselves as a community center, a meeting place," says Wagner. "We knew the industry was in decline, but we thought we were different."

It turned out Millennium wasn't different. And Wagner and his business partner, Clayton Woodson, soon faced a stark choice: fold up the business completely and walk away, or attempt to transform it into something entirely different. The once-hot business had but one glowing ember left: a small but growing online trading business that allowed customers to exchange used CDs, DVDs, and books for electronics—iPods and the like. Millennium was able to make money by reselling the used merchandise on Amazon, eBay, and other sites. Millennium was launched by Wagner in 1994 with the focus of creating a thinking person's music store. Their competitive advantage was based on an inventory of hard-to-find records with large classical and jazz sections and stellar customer service. Millennium would make music connoisseurship friendly and accessible.

In the early years, that philosophy worked well, and revenue grew some 20 percent annually. At its peak, Millennium generated sales of about $10 million annually. Live bands played regularly, Millennium hosted a live-jazz happy hour, and they held book readings. Wagner opened a restaurant and a bar and expanded to book sales and DVD rentals. But the seismic industry shifts that put Sam Goody's, Tower Records, and many others out of business started catching up to Millennium. As the years rolled by, the losses mounted. Wagner's empire was hemorrhaging, and he was soon ready to try anything. In 2006, he turned for help to his marketing director, Clayton Woodson, whose eclectic background included making furniture, teaching first grade at a charter school in New York, and teaching acrobatic yoga. "Clayton tends to see looking at the abyss as a growing experience," says Wagner. "I'm the opposite."

That glowing ember of Millennium's business—the used-CD section—gave Woodson an idea. Customers often came in hoping to exchange their old CDs for store credit. What if Millennium could formalize the process to entice additional customers by offering to trade iPods for used CDs? In the summer of 2005, he persuaded Wagner to give the idea a try. Woodson soon had another insight: Buying a used CD online was cheaper than buying an MP3 album through iTunes. If Millennium moved its iPod trading program online, it could collect discs from across the globe, profitably resell them online, and still undercut iTunes's prices. Millennium launched FeedYourPlayer.com in 2006. Traffic soared from a few hundred visitors per week to more than 6,000 items a week. By 2007, the online exchange brought in $400,000 of

Millennium's $1.7 million in revenue.

FeedYourPlayer's performance was heading in the exact opposite direction of Millennium's lone remaining store. In its last full year of operation, the store lost nearly $1 million. In September 2007, Wagner called a company meeting with his 50 or so remaining employees. He delivered the news that many had already foreseen. The retail business was dying. The future was online. The store would remain open, but resources would be put toward building FeedYourPlayer. Employees were still upset even if they had seen the changes coming. Millennium's music buyer quit when he realized the emphasis would be peddling used CDs rather than fresh releases.

Wagner understood his employees' anguish. He says, "staff members were accustomed to being tastemakers." Wagner felt the conflict himself. He clung to the hope that the huge changes might save the store. "When you spend so much of your energy fighting against the blindingly obvious," says Wagner, "you can lose your focus on the big picture."

Required

Question 1

1a. Using the strategic planning process, describe three core problems to be solved by Millennium?

1b. Explain four potential alternative solutions to the problem identified in 1a.

1c. Design a marketing plan for Millenniums FeedYourPlayer.

Question 2

Conduct an external environmental analysis to ascertain if a small business In Ghana can adapt to the business model of Millennium FeedYourPlayer.