Andrew (39) and Lacy (40) are married, and both are the parents of Zach (9). They all lived together until Lacy moved out on September 25. Zach stayed in the home with Andrew. Lacy earned $42,000 during the year, and Andrew earned $33,000. Andrew and Lacy file separate returns. All are U.S. citizens, and all of Zach's support is provided by both of his parents. If each one tries to claim Zach as a dependent, who is entitled to do so?

Case Study 1 Results Count! What if all organizations focused their performance approaches to results? Would that work in all cases? It does work at Mabel’s Labels, an Ontario company that designs, manufactures and sells waterproof labels for identifying personal belongings. In its brief 13 years in business, it has expanded into Walmart in both Canada and the United States. Recognizing that people have many priorities in their lives—personal and work—the company has ensured that its business success is measured by results. This means that individual performance is also measured by results. In this way, Mabel’s people can work at almost any location. To quote one of them, “Work is what you do, not where you go.” Every week, staff determine where they will work. In making the decision, consideration is given to whether the team’s needs are being met, and whether the person’s own goals and deliverables can be met. One individual indicates that their best design work is done when alone; however, this same person expressed the value of office collaboration in coming up with design ideas. Does such a focus create a culture of results only? Not according to the employees. People get together outside of work for socializing as well as volunteering for such things as food drives and helping at a local charity for seniors. The company’s approach to performance and employee engagement earned it an award in Canada’s Top 100 Small & Medium Employers for 2015. Sources: Adapted from “2015 Canada’s Top Small & Medium Employers,” The Globe and Mail, March 2015;

Question 1: Would a results focus work in a financial services institution? Why or why not?

Question 2: If Mabel’s Labels decided to use a different approach to performance, what approach would you suggest? Why?

Is orthodox neoclassical economics founded in methodological individualism? Does this incline to any particular politics?

You would like to study the weight of students at your university. Suppose the average for all university students is 159 with a SD of 27 lbs, and that you take a sample of 31 students from your university.

a) What is the probability that the sample has a mean of 160 or more lbs?
probability =

b) What is the probability that the sample has a mean between 164 and 167 lbs?
probability =

Smoking remains more common in much of Europe than in the United States. In the United States, there is a strong relationship between education and smoking: well-educated people are less likely to smoke. Does a similar relationship hold in France? Here is a two-way table of the level of education and smoking status (nonsmoker, former smoker, moderate smoker, heavy smoker) of a sample of 467 French men aged 20 to 60 years. The subjects are a random sample of men who visited a health center for a routine checkup. We are willing to consider them an SRS of men from their region of France.

The null hypothesis states that there is no relationship between these variables. That is, the distribution of smoking is the same for all three levels of education.

(a) Find the expected counts for each smoking status among men with a university education. This is one row of the two-way table of expected counts. Find the row total and verify that it agrees with the row total for the observed counts.

Use two decimals for the expected counts and a whole number for the total.

Kenton and Denton Universities offer executive training courses to corporate clients. Kenton pays its instructors $5,382 per course taught. Denton pays its instructors $299 per student enrolled in the class. Both universities charge executives a $348 tuition fee per course attended.

Required

a.Prepare income statements for Kenton and Denton, assuming that 18 students attend a course.

b.Kenton University embarks on a strategy to entice students from Denton University by lowering its tuition to $228 per course. Prepare an income statement for Kenton assuming that the university is successful and enrolls 36 students in its course.

c.Denton University embarks on a strategy to entice students from Kenton University by lowering its tuition to $228 per course. Prepare an income statement for Denton, assuming that the university is successful and enrolls 36 students in its course.

e.Prepare income statements for Kenton and Denton Universities, assuming that 9 students attend a course, and assuming that both universities charge executives a $348 tuition fee per course attended.

Kenton and Denton Universities offer executive training courses to corporate clients. Kenton pays its instructors $6,622 per course taught. Denton pays its instructors $301 per student enrolled in the class. Both universities charge executives a $349 tuition fee per course attended.

Required

1. Prepare income statements for Kenton and Denton, assuming that 22 students attend a course.

2. Kenton University embarks on a strategy to entice students from Denton University by lowering its tuition to $229 per course. Prepare an income statement for Kenton assuming that the university is successful and enrolls 44 students in its course.

3. Denton University embarks on a strategy to entice students from Kenton University by lowering its tuition to $229 per course. Prepare an income statement for Denton, assuming that the university is successful and enrolls 44 students in its course.

5. Prepare income statements for Kenton and Denton Universities, assuming that 11 students attend a course, and assuming that both universities charge executives a $349 tuition fee per course attended.

Kenton and Denton Universities offer executive training courses to corporate clients. Kenton pays its instructors $6,384 per course taught. Denton pays its instructors $304 per student enrolled in the class. Both universities charge executives a $344 tuition fee per course attended.

quesion 5

Required

1. Prepare income statements for Kenton and Denton, assuming that 21 students attend a course.

2. Kenton University embarks on a strategy to entice students from Denton University by lowering its tuition to $224 per course. Prepare an income statement for Kenton assuming that the university is successful and enrolls 40 students in its course.

3. Denton University embarks on a strategy to entice students from Kenton University by lowering its tuition to $224 per course. Prepare an income statement for Denton, assuming that the university is successful and enrolls 40 students in its course.

5. Prepare income statements for Kenton and Denton Universities, assuming that 13 students attend a course, and assuming that both universities charge executives a $344 tuition fee per course attended.

(A) What Type of Analysis (e.g. Consolidated-Drained (CD), or Consolidated-Undrained(CU) or Unconsolidated-Undrained (UU))? BRIEFLY EXPLAIN WHY and(B) What Type of Failure Envelope would you pick for the Cases (a) and (b) shown below? BRIEFLY EXPLAIN WHY
Case (a): A new footing is founded in Unsaturated Loose Sand (Contractive Soil).Case (b): An existing dam is founded on Dense Silt (Dilative Soil). Then the dam is
suddenly shaken and sheared by an Earthquake.