Martin Galloway, the sole propiertor of a consulting business, has gross receipts of $45,000 in 2017. His adresss is: 1223 Fairfield Street, Westfield, New Jersey and his SSN is 158-68-7799. Expenses paid by his business are

Advertising $500

Supplies 2,900

Taxes and licenses 500

Travel (other than meals) 600

Meals and entertainment 400

Health insurance premiums (for Martin) 1,400

Individual retirement account contribution 2,500

During the year Martin drives his car a total of 15,000 miles (700 business miles and 550 personal miles per month). He paid $100 for business-related parking and tolls. He paid $120 in fines for speeding tickets when he was late for appointments with clients. Martin's office is located in his home. HIs office occupies 500 and 2,000 square feet in his home. His total (unallocated) expenses for his home are:

Mortgage interest $6,000

Property taxes 1,700

Insurance 700

Repairs and maintenance 300

Utilities 1,600

Depreciation for the business portion of his home is $1,364.

a. What is Martin's net income (loss) from his business?

b. How much self-employment tax must Martin pay?

c. Based on this information, are there any other deductions that Martin can claim on his individual tax return other than those reported on his Schedule C?

d. How would your answers to the above items change if Martin elects to use the simplified method for home expenses?

A sociologist was hired by a large city hospital to investigate the relationship between the number of unauthorized days that employees are absent per year and the distance (miles) between home and work for the employees. A sample of 10 employees was chosen, and the following data were collected.

a. Which is the independent/explanatory variable?

b. Which is the dependent/response variable?

Enter the data into an Excel spreadsheet.

c. Create a scatterplot for these data. How would you interpret the scatterplot?

Run a regression analysis using Data Analysis/Regression Tool and use the output to answer the following questions:

d. What is the correlation between distance to work and days absent? What does it say about the strength of the relationship?

e. What is the coefficient of determination? How would you interpret it?

f. Write the hypotheses for the test of the slope.

g. What is the p-value for the test of the slope? How would you interpret the p-value?

h. What is the regression formula resulting from this analysis between Distance to Work and Days Absent?

i. Use your formula to predict the number of days absent for an employee who lives 9 miles from work.

j. Use your formula to predict the number of days absent for an employee who lives 17 miles from work.

PLEASE DO THIS IN C#.Is there a Prius version? Did you know that the average Boeing 747 airplane uses approximately 1 gallon of fuel per second? Given the speed of the airplane, that means it gets 5 gallons to the mile. No, not 5 miles to the gallon, 5 gallons to the mile. You may be questioning why such a horribly inefficient machine is allowed to exist, but you’ll be happy to find out that, because this airplane hold 568 people, it averages about 0.01 gallons per person – (100 miles per gallon per person). Your job is to design (pseudocode) and implement (source code) a program that asks the user for a distance the plane has to fly (i.e. the length of the trip) and also asks the cost of jet fuel (which is currently $1.80 per gallon). The program should then calculate the total fuel charges to make the trip. Next, ask the user how many people will fly, as well as the average cost of a ticket. Finally, print the total profit made (or lost) and the average gas mileage per person. Document your code and properly label the input prompts and the outputs as shown below. Sample run 1: Enter the flight distance: 1000 Enter the current cost of jet fuel: $2 The flight will cost $10000.0 in fuel. Enter the number of passengers: 5 Enter the average cost of a ticket: 1000 You will make a profit of $-5000.0 You averaged 1.0 miles per person per gallon!

1. Over a very long period of time, a sheriff determines the mean vehicle speed on a road is 67 miles per hour, the standard deviation is 3 miles per hour. Treat this as the population, not a sample.
   1. If the speed limit is 60 miles per hour, what percentage of the vehicles exceed the speed limit?
   2. The sheriff cracks down on speeders. His deputies ignore any vehicles going less than 63 mph, and issue warnings to those going between 63 and 65, and issue tickets to those going faster than 65 mph.
      1. What percentage will get warnings?
      2. What percentage will get tickets?

Following the crackdown, the sheriff takes a random sample (n=84) of vehicle speeds on the road way. His sample data: mean is 63 mph, sample SD is 4 mph.

3. Calculate the standard error of the sample mean using the sample standard deviation, and applying the +/- 2 rule of thumb, calculate the 95% confidence interval around the sample mean
4. A county commissioner claims that the crackdown had no effect, and the average speed is still 67 mph. Is this commissioner correct?
   1. How likely is it that the sample of came from a population where the average speed is 67?
5. What if the sheriff’s post-crackdown random sample was not n=84 but in fact n=30? Assume the sample mean and standard deviation were unchanged. Use a t-table to determine the 95% confidence interval around that sample mean.
   1. Would the county commissioner be accurate in this case?

PLEASE ANSWER

USING C#

Is there a Prius version? Did you know that the average Boeing 747 airplane uses approximately 1 gallon of fuel per second? Given the speed of the airplane, that means it gets 5 gallons to the mile. No, not 5 miles to the gallon, 5 gallons to the mile. You may be questioning why such a horribly inefficient machine is allowed to exist, but you’ll be happy to find out that, because this airplane hold 568 people, it averages about 0.01 gallons per person – (100 miles per gallon per person). Your job is to design (pseudocode) and implement (source code) a program that asks the user for a distance the plane has to fly (i.e. the length of the trip) and also asks the cost of jet fuel (which is currently $1.80 per gallon). The program should then calculate the total fuel charges to make the trip. Next, ask the user how many people will fly, as well as the average cost of a ticket. Finally, print the total profit made (or lost) and the average gas mileage per person. Document your code and properly label the input prompts and the outputs as shown below.

Sample run 1:

Enter the flight distance: 1000

Enter the current cost of jet fuel: $2 The flight will cost $10000.0 in fuel.

Enter the number of passengers: 5

Enter the average cost of a ticket: 1000

You will make a profit of $-5000.0

You averaged 1.0 miles per person per gallon!

n the following table, average differences of birth height, birth weight, and IQ score between monozygotic twins (reared together and apart are compared. Based on the data below, which quantitative trait has the lowest heritability?

Its weight correct?

Better Mousetraps has developed a new trap. It can go into production for an initial investment in equipment of $5.4 million. The equipment will be depreciated straight - line over 6 years to a value of zero, but, in fact, it can be sold after 6 years for $682,000. The firm believes that working capital at each date must be maintained at a level of 10% of next year’s forecast sales. The firm estimates production costs equal to $1.30 per trap and believes that the traps can be sold for $5 each. Sales forecasts are given in the following table. The project will come to an end in 6 years, when the trap becomes technologically obsolete. The firm’s tax bracket is 35%, and the required rate of return on the project is 8%. Year: 0 1 2 3 4 5 6 Thereafter Sales (millions of traps) 0 0.5 0.7 0.8 0.8 0.7 0.5 0 Suppose the firm can cut its requirements for working capital in half by using better inventory control systems. By how much will this increase project NPV? (Enter your answer in millions rounded to 4 decimal places.). Change in NPV= ?? million

Better Mousetraps has developed a new trap. It can go into production for an initial investment in equipment of $6.3 million. The equipment will be depreciated straight - line over 6 years to a value of zero, but, in fact, it can be sold after 6 years for $672,000. The firm believes that working capital at each date must be maintained at a level of 10% of next year’s forecast sales. The firm estimates production costs equal to $1.70 per trap and believes that the traps can be sold for $7 each. Sales forecasts are given in the following table. The project will come to an end in 6 years, when the trap becomes technologically obsolete. The firm’s tax bracket is 35%, and the required rate of return on the project is 9%.

Suppose the firm can cut its requirements for working capital in half by using better inventory control systems. By how much will this increase project NPV? (Enter your answer in millions rounded to 4 decimal places.)

Water at 50 °F is being transported from one open reservoir to another open reservoir using a concrete pipe. The two reservoirs are 1.5 miles apart with a difference in surface elevations of 25 ft. Determine the minimum pipe diameter needed to carry 10 ft3 /s of water.