You own a construction company and have recently received a contract with the local school district to refurbish one of its elementary schools. You are given an up-front payment from the school district in the amount of $5 million. The contract terms extend from years 2018 to 2020. When would you recognize revenue for this payment?

• What method of accounting would you use for this construction project and why?
• What would be the benefits and challenges with your method selection?

In 2015, the student body of Lock Haven University consisted of 30% freshmen, 24% sophomores, 26% juniors, and 20% seniors. A sample of 300 students taken from this year's student body showed the following number of students in each classification.

We are interested in determining whether or not there has been a significant change in the classifications between the last school year and this school year. The calculated value for the test statistic equals?

• In the global enterprise, firms are insistent that their accounting information systems (AIS) and other key systems are available 100% of the time, and that these systems are the highest in integrity. Evaluate how a firm manages the balance of high availability with high integrity in these days of tight budgets and additional oversight from regulators.
• As a student taking online classes or relying on online resources such as libraries and tech support, evaluate the benefits of the school providing you with 24 / 7 access to these resources in relation to the costs incurred by the school itself.

In a school district, all sixth grade students take the same standardized test. The superintendent of the school district takes a random sample of 26 scores from all of the students who took the test. She sees that the mean score is 130 with a standard deviation of 7.2344. The superintendent wants to know if the standard deviation has changed this year. Previously, the population standard deviation was 16. Is there evidence that the standard deviation of test scores has decreased at the α = 0.05 level? Assume the population is normally distributed.

• In the global enterprise, firms are insistent that their accounting information systems (AIS) and other key systems are available 100% of the time, and that these systems are the highest in integrity. Evaluate how a firm manages the balance of high availability with high integrity in these days of tight budgets and additional oversight from regulators.
• As a student taking online classes or relying on online resources such as libraries and tech support, evaluate the benefits of the school providing you with 24 / 7 access to these resources in relation to the costs incurred by the school itself.

Based on your career goals, what is the highest level of education-remember that's college or trade school-you plan to complete? What do you want to do when you finish high school?

How do you hope to spend your time in retirement? When will you begin saving for retirement? What will your saving strategy be?

Would you prefer to save your money in a savings account or in the bond or stock market? Why? What are the benefits and costs of these options?

Now assume that a larger sample of 64 student scores is taken. The sample has a mean score of 29.5 and a standard deviation of 3.2. If you were to construct a 95% confidence interval for the ACT scores of this high school class, what would the lower boundary of the interval be?

You've constructed your confidence interval. Statistically, what does this confidence interval tell us? Can it be used to tell us the true population value of the mean ACT score for this high school class? Why or why not?

The Panama City Times recently conducted a survey of local high school juniors and seniors and found that 59.8% of them planned on attending Gulf Coast State College within the next 2 years. If 12 local high school students are selected randomly from this area, what the probability that fewer than 4 of them will say they plan on attending GCSC within the next 2 years?

what would my n, x and p be? using the calculator( binomcdf)

a) If you have 4 cousins, what is the probability that 3 or more are male? (Assume male and female are equally likely).

b) In a normal distribution, what percent of scores are in T-score of 51 or higher?

c) If you roll two 6-sided dice, what percent of the time do both dice show numbers from 4 to 6?

d) In an elementary school, the correlation between age and height for all students in the school is _________ than the same correlation for only the fourth graders.