In a particular retail clothing store, approximately 30% of potential customers who walk into the store make a purchase.

In a random sample of 25 customers that walked into the store,

a. what is the probability that exactly 10 of the customers make purchases?

Round to 3 significant digits.

b. what is the probability that at least 2 of the customers make purchases?

Round to 3 significant digits.

c. how many of the customers are expected to make purchases?

Round to 3 significant digits.

d. what is the standard deviation of the number of customers who make purchases?

Round to 3 significant digits.

please provide correct answer.

Air Force Training Program

An Air Force introductory course in electronics uses a personalized system of instruction whereby each student views a videotaped lecture and then is given a programmed instruction text. The students work independently with the text until they have completed the training and passed a test. Of concern is the varying pace at which the students complete this portion of their training program. Some students are able to cover the programmed instruction text relatively quickly, whereas other students work much longer with the text and require additional time to complete the course. The fast students wait until the slow students complete the introductory course before the entire group proceeds together with other aspects of their training.

A proposed alternative system involves use of computer-assisted instruction. In this method, all students view the same videotaped lecture and then each is assigned to a computer terminal for further instruction. The computer guides the student, working independently, through the self-training portion of the course.

To compare the proposed and current methods of instruction, an entering class of 122 students was assigned randomly to one of the two methods. One group of 61 students used the current programmed-text method and the other group of 61 students used the proposed computer-assisted method. The time in hours was recorded for each student in the study. The following data are provided.

Course Completion Times (hours) for Current Training Method
76 76 77 74 76 74 74 77 72 78 73
78 75 80 79 72 69 79 72 70 70 81
76 78 72 82 72 73 71 70 77 78 73
79 82 65 77 79 73 76 81 69 75 75
77 79 76 78 76 76 73 77 84 74 74
69 79 66 70 74 72

Course Completion Times (hours) for Proposed Computer-Assisted Method
74 75 77 78 74 80 73 73 78 76 76
74 77 69 76 75 72 75 72 76 72 77
73 77 69 77 75 76 74 77 75 78 72
77 78 78 76 75 76 76 75 76 80 77
76 75 73 77 77 77 79 75 75 72 82
76 76 74 72 78 71




Managerial Report

1. Use appropriate descriptive statistics to summarize the training data for each method. What similarities or differences do you observe from the sample data?
2. Use the tests of hypothesis procedure to comment on any difference between the population means for the two methods. Discuss your findings.
3. Compute the standard deviation and variance for each training method. Conduct a hypothesis test about the equality of population variances for the two training methods. Discuss your findings.
4. What conclusion can you reach about any difference between the two methods?
5. Can you suggest other data or testing that might be desirable before making a final decision on the training program to be used in the future?

Please provide a detail solution. For Excel functions please provide the formula used to determine the values.

High school students across the nation compete in a financial capability challenge each year by taking a National Financial Capability Challenge Exam. Students who score in the top 18 percent are recognized publicly for their achievement by the Department of the Treasury. Assuming a normal distribution, how many standard deviations above the mean does a student have to score to be publicly recognized? (Round your answer to 2 decimal places.)

Need in text format no handwriting thank u

Gallatin Carpet Cleaning is a small, family-owned business operating out of Bozeman, Montana. For its services, the company has always charged a flat fee per hundred square feet of carpet cleaned. The current fee is $22.10 per hundred square feet. However, there is some question about whether the company is actually making any money on jobs for some customers—particularly those located on remote ranches that require considerable travel time. The owner’s daughter, home for the summer from college, has suggested investigating this question using activity-based costing. After some discussion, she designed a simple system consisting of four activity cost pools. The activity cost pools and their activity measures appear below:

The total cost of operating the company for the year is $352,000 which includes the following costs:

Resource consumption is distributed across the activities as follows:

Job support consists of receiving calls from potential customers at the home office, scheduling jobs, billing, resolving issues, and so on.

Required:

1. Prepare the first-stage allocation of costs to the activity cost pools.

2. Compute the activity rates for the activity cost pools. (Round your answers to 2 decimal places.)

3. The company recently completed a 400 square foot carpet-cleaning job at the Flying N Ranch—a 50-mile round-trip journey from the company’s offices in Bozeman. Compute the cost of this job using the activity-based costing system. (Round your intermediate calculations and final answer to 2 decimal places.)

4. The revenue from the Flying N Ranch was $88.40 (4 hundred square feet @ $22.10 per hundred square feet). Calculate the customer margin earned on this job. (Round your intermediate calculations and final answers to 2 decimal places.)

Prove your mastery! Your results will report to the gradebook. If you are not ready to submit work for a grade, you can try activities again or attempt the Practice Mastery. Your work will be saved as you work through each part.

Read each scenario, decide whether the company is using Cash basis or Accrual basis, and then enter your answers to the questions.

Identify whether each account would appear on the Balance Sheet or the Income Statement.

Unearned Revenue            -                           Balance Sheet                           Income Statement                     

Income Taxes Payable            -                           Balance Sheet                           Income Statement                     

Advertising Expense            -                           Balance Sheet                           Income Statement                     

Mortgages Payable            -                           Balance Sheet                           Income Statement                     

Copyright            -                           Balance Sheet                           Income Statement                     

Common Stock            -                           Balance Sheet                           Income Statement                     

Fill in the t-accounts for each situation and label each transaction as Deferrals/Prepaid, Accrual, or Depreciation. Use Unadj. Bal. as the label for the opening balance of each account. Calculate the adjusted balance and use a Bal. posting reference to show the ending balance of each account. Enter each transaction on the first available line in the T-Account.

A T is drawn. The vertical line divides the account into its left and right sides. The left side of the T-account is called the debit side and the right side is called the credit side. The account name is at the top, above the horizontal line.

Journalize the adjusting entry needed at December 31 for each situation. Record debits first, then credits. Check your spelling carefully and do not abbreviate. Use account names exactly as given in the Chart of Accounts.

Customers were billed for $700 for work completed.

Rent for the year was prepaid on January 1 in the amount of $1,320. Record the transaction for December's rent that has expired.

Insurance for the next six months was paid on November 1st in the amount of $1,170. Record the journal entry for the two months of insurance expired at year-end.

Question 1

On December 15, 2015, a public company receives an order from a customer for services to be performed on December 28, 2015. Due to a backlog of orders, the company does not perform the services until January 3, 2016. The customer pays for the services on January 6, 2016. When should revenue be recorded for the company? Why (support your argument with a principle from the textbook)?

Companies in the U.S. car rental market vary greatly in terms of the size of the fleet, the number of locations, and annual revenue. In 2011, Hertz had 320,000 cars in service and annual revenue of approximately $4.2 billion. Suppose the following data show the number of cars in service (1,000s) and the annual revenue ($ millions) for six smaller car rental companies.

(a)Develop a scatter diagram with the number of cars in service as the independent variable.

(b)What does the scatter diagram developed in part (a) indicate about the relationship between the two variables? (Pick one of the options below)

There appears to be a negative linear relationship between cars in service (1,000s) and annual revenue ($ millions).

There appears to be no noticeable relationship between cars in service (1,000s) and annual revenue ($ millions).    

There appears to be a positive linear relationship between cars in service (1,000s) and annual revenue ($ millions).

(c) Use the least squares method to develop the estimated regression equation that can be used to predict annual revenue (in $ millions) given the number of cars in service (in 1,000s). (Round your numerical values to three decimal places.)

ŷ = ____

(d)For every additional car placed in service, estimate how much annual revenue will change (in dollars). (Round your answer to the nearest integer.)

Annual revenue will increase by $ ___, for every additional car placed in service.

(e)A particular rental company has 6,000 cars in service. Use the estimated regression equation developed in part (c) to predict annual revenue (in $ millions) for this company. (Round your answer to the nearest integer.)

$___ million

Choosing a European bank:

1.    Discuss different types of risks this bank manages. Gather evidence and discuss whether these risks have been sufficiently managed since 2005.

2.    Discuss the regulatory relationship and how this has influenced this bank’s risk management.

3.    With reference to both micro and macro prudential policy and regulation, critically analyse the impact of the Basel III Guidelines on this bank’s risk management.

A child psychologist wishes to estimate the percentage of fathers who watch their preschool-aged child when the mother works. What size sample should be obtained if she whises the estimate to be within 3 percentage points with 97% confidence if

A. she uses a 2005 estimate of 82% obtained from the U.S Census Bureau?

Z= n=

B. She does not use any prior estimates.

n=

The following data give the number of hours 55 students spent studying and their corresponding grades on their midterm exams.

Step 1 of 5: Calculate the sum of squared errors (SSE). Use the values b0=66.8000 and b1=2.0000 for the calculations. Round your answer to three decimal places.

Step 2 of 5: Calculate the estimated variance of errors, se2. Round your answer to three decimal places.

Step 3 of 5: Calculate the estimated variance of slope, s^2b1. Round your answer to three decimal places.

Step 4 of 5: Construct the 80% confidence interval for the slope. Round your answers to three decimal places.

Step 5 of 5: Construct the 98% confidence interval for the slope. Round your answers to three decimal places.