(Recording the budget and a budget revision)

            The council of the Town of Tulia approved the 2013 budget as follows:

            Budgeted 2013 revenues from:

               Property taxes                                             $5,000,000

               Sales taxes                                                  $1,000,000

            Appropriations for 2013:

               Salaries                                                       $4,600,000

               Materials                                                     $1,200,000

               Equipment                                                      $100,000

During 2013, the town’s mayor presented the council with a budget revision to increase the amount of appropriation for salaries by $10,000. The council approved this budget revision.

            a.         Prepare the general journal entry necessary to initially record the budget.

            b.         Prepare the general journal entry necessary to record the budget revision.

A researcher claims that the mean age of the residents of a small town is more than 32 years. The ages (in years) of a random sample of 36 residents are listed below. At α=0.10, α = 0.10 , alpha equals , 0.10 , comma is there enough evidence to support the researcher's claim? Assume the population standard deviation is 9 years. 41,33,47,31,26,39,19,25,23,31,39,36,41,28,33,41,44,40,30,29,46,42,53,21,29,43,46,39,35,33,42,35,43,35,24,21

Hi Everyone,

Open excel

In one column enter 8 heights for 10 year old boys (inches) and in the second column enter 8 weights for 10 year old boys (pounds).  Ten year old boys height ranges from 42 inches to 62 inches while the weight ranges from 60 to 90 pounds. You can make these up as long as they are reasonable if you do not have access to any data. We want to see if there is a correlation.

Move your mouse to put a box around the numbers.

From the insert menu select scatter or the chart that says scatter and then select the chart at the top left on the dropdown

Click on one of the points

Select Add Trendline

The default radio button is linear, keep it checked

Check display equation on chart and click on the display r-squared value

The equation is your least squares line

On the least squares line the slope is in front of the x value. Also, you can look at the slope of the scatter plot to see if the slope is positive. This will let you know whether to make the r value positive or negative when you take the square root of r^2.

If the r^2 value is say .0382 then you will click on an excel cell and type

=.0382^.5

Note the ^ key is above the 6 key

This will be your r value and you will make it negative if your slope is negative otherwise leave it positive.

If you have a different version of excel then you may want to search to see how to form a trendline. These instructions work with Office 365 and Office 2010.

Then follow these instructions:

Attach your scatter plot if possible. What did you get for your regression line? What was your r value? What did this tell you?

What would be a scenario where you might need to use this application?

Be sure to comment on at least 2 classmates.

Instructions: Your initial post should be at least 250 words. Please respond to at least 2 other students. Responses should be a minimum of 100 words and include direct questions.

To earn full credit for this forum, you must respond to at least two (2) of your peers and post your initial post by Thurs.

Initial Post Due: Thursday, by 11:55pm, ET
Responses Due: Sunday, by 11:55pm, ET.

Uber Eats is an American online food ordering and delivery platform launched by Uber in 2014 and
based in San Francisco, California. Uber has just set up a platform for the restaurants and customers. It
works as websites and mobile app. Uber Eats now operates in more than 20 countries and more than 200
cities. In each city, Uber has more than 1,000 delivery boys. They are planning to open their services in
more countries in near future.
Delivery boys have to be registered in the Uber sites as either full time or part-time delivery boy.
Delivery boy has to register his name under any city where he is ready to work as delivery boy. So he
can get orders from any restaurants registered in that city. How it works mean, if a restaurant gets an
order and it is ready to deliver, restaurant will forward the order to the delivery boy who is available in
the nearest location of the restaurant. It can be found using the GPS system in the mobile app with
delivery boy. So he can come and take the order to deliver.
Nearly 50,000 restaurants registered in Uber Eats. Restaurants also have to register under the city where
they are ready to provide the service. Then only their name will be listed under the city. While
registering restaurant name, they have to give all the information about the restaurant including contact
information, location and dishes. Registering dishes and the details of dishes like recipe, price are very
important. Because customer has a right to know all these details before he does any order.
Uber Easts maintaining millions of customers in each country. Only authorised customers are allowed to
user Uber Eats service. Authorisation will be confirmed by company through registration process. This
will help company to avoid any unwanted orders or fake activities in the system.
Moreover, apart from delivery boys and restaurants employees, /Uber has around 10,000 employees in
their office to manage their business. It includes technical workers, managers and other officials.
Questions:
1. Write any four TPS operations can be done through any of the TPS used in the above case.

2. Explain how big data will be generated in the above case.
3. If Uber Eats use data warehouse, how Extract-Transformation-Load method will work in the above
case. Briefly explain with example.

Unions might increase efficiency in the case where they

a. threaten a strike but don't actually follow through, so there are no lost hours of work.

b. lower the wage of local outsiders.

c. offset the market power of a large firm in a "company town."

d. raise the wage for insiders above the competitive equilibrium.

An article in a journal reports that 34% of American fathers take no responsibility for child care. A researcher claims that the figure is higher for fathers in the town of Littleton. A random sample of 225 fathers from Littleton, yielded 97 who did not help with child care. Find the P-value for a test of the researcher’s claim.

Each must observe your town/community condition. You should be aware of the current need of your community. Suggest one (1) practical and feasible program/ordinance that can improve the problems of the community. Provide three (3) pros and three (3) cons for the proposed program/ ordinance to progress it.

Identify the null hypothesis, alternative hypothesis, test statistic, P-value, conclusion about the null hypothesis, and final conclusion that addresses the original claim.

a) A poll of 1068 adult Americans reveals that 48% of the voters surveyed prefer the Democratic candidate for the presidency. At the 0.05 level of significance, test the claim that at least half of all voters prefer the Democrat.

b) In a sample of 167 children selected randomly from one town, it is found that 37 of them suffer from asthma. At the 0.05 significance level, test the claim that the proportion of all children in the town who suffer from asthma is 11%.

c) A nationwide study of American homeowners revealed that 64% have one or more lawn mowers. A lawn equipment manufacturer, located in Omaha, feels the estimate is too low for households in Omaha. Can the value 0.64 be rejected if a survey of 490 homes in Omaha yields 331 with one or more lawn mowers? Use  

The table below shows the demand and supply of coats in Small Town.

a. What is the equilibrium price of coats?

b. Will a shortage or surplus occur?

c. At what price will the most coats sold be sold?

d. The mayor of SmallTown in order to "help the poor by making coats cheaper", imposes a price ceiling of $40. How many coats will be bought and sold? Will a surplus or shortage of coats occur?

e. The mayor of Small Town, in order to "help protect our coat industry," imposes a price floor of $80 instead. How many coats will be bought and sold? Will a shortage of coats or surplus occur?

To answer all the questions, it will be easy for you to draw the supply and demand graph first to see the whole picture. Keep it up!

Back from his dream, Matt begins some strategic planning for starting another store in a small town that has no computer store and is not inclined to use mail order buying methods.

1. He believes the annual demand in the town will be P = 1800 – 10Q. First, calculate Matt's marginal revenue curve, and then graph both the demand and MR curves.

2. He estimates his marginal cost per computer to be constant at $600. Sketch on the graph the marginal cost curve. From this data, calculate how much he should sell to maximize profit and what price Matt should charge.

3. If capital costs are fixed at $12,000 for the year what is Matt’s total cost function and his average cost per computer at the optimal output?

4. From the average cost at profit maximum output, show the profit rectangle on your graph above.

5. If Matt were able to perfectly price discriminate, what would be his output and profit?