In a poll by the National Center for Women and Aging at Brandeis University, 51% of the women over fifty said that aging is not as bad as they had expected (USA Today, November 19, 2002). In a recent sample of 400 women over fifty, 224 said that aging was not as bad as they expected. What critical value, at the 1% level of significance, of the test statistic Z will be used to test the hypothesis that, in 2005, the percentage of women over fifty who felt that aging is not as bad as they expected was greater than 51%. State your answer to 3 places of decimal.
In: Statistics and Probability
The owner of a specialty coffee shop wants to study coffee
purchasing habits of customers at her shop. She selects
a random sample of 60 customers during a certain week. Data are
available in the worksheet labeled “Problem 2”
in the spreadsheet.
1. Construct a 90% confidence interval on the proportion of
customers who say they “definitely will”
recommend the specialty coffee shop to family and friends.
Problem 2 Data Set
Note: Y is an indicator variable, i.e., if Y=1, then customer said they "definitely would" recommend specialty shop to family and friends, and Y=0 otherwise.
| Customer | Y |
| 1 | 0 |
| 2 | 1 |
| 3 | 0 |
| 4 | 0 |
| 5 | 0 |
| 6 | 0 |
| 7 | 0 |
| 8 | 1 |
| 9 | 1 |
| 10 | 1 |
| 11 | 0 |
| 12 | 1 |
| 13 | 0 |
| 14 | 1 |
| 15 | 0 |
| 16 | 1 |
| 17 | 1 |
| 18 | 1 |
| 19 | 0 |
| 20 | 1 |
| 21 | 1 |
| 22 | 0 |
| 23 | 0 |
| 24 | 0 |
| 25 | 0 |
| 26 | 1 |
| 27 | 0 |
| 28 | 0 |
| 29 | 1 |
| 30 | 0 |
| 31 | 1 |
| 32 | 1 |
| 33 | 0 |
| 34 | 0 |
| 35 | 0 |
| 36 | 1 |
| 37 | 0 |
| 38 | 1 |
| 39 | 1 |
| 40 | 1 |
| 41 | 1 |
| 42 | 0 |
| 43 | 1 |
| 44 | 0 |
| 45 | 1 |
| 46 | 0 |
| 47 | 1 |
| 48 | 0 |
| 49 | 0 |
| 50 | 0 |
| 51 | 1 |
| 52 | 1 |
| 53 | 1 |
| 54 | 0 |
| 55 | 1 |
| 56 | 0 |
| 57 | 0 |
| 58 | 0 |
| 59 | 1 |
| 60 | 1 |
In: Statistics and Probability
Exercise 6-21B Complete the accounting cycle using inventory transactions (LO6-2, 6-3, 6-5, 6-6, 6-7)
[The following information applies to the questions displayed below.]
On January 1, Year 1, the general ledger of a company includes the following account balances:
| Accounts | Debit | Credit | ||||
| Cash | $ | 22,500 | ||||
| Accounts Receivable | 38,000 | |||||
| Allowance for Uncollectible Accounts | $ | 3,700 | ||||
| Inventory | 33,000 | |||||
| Land | 66,100 | |||||
| Accounts Payable | 30,900 | |||||
| Notes Payable (8%, due in 3 years) | 33,000 | |||||
| Common Stock | 59,000 | |||||
| Retained Earnings | 33,000 | |||||
| Totals | $ | 159,600 | $ | 159,600 | ||
The $33,000 beginning balance of inventory consists of 330 units, each costing $100. During January Year 1, the company had the following inventory transactions:
| January | 3 | Purchase 1,200 units for $129,600 on account ($108 each). | ||
| January | 8 | Purchase 1,300 units for $146,900 on account ($113 each). | ||
| January | 12 | Purchase 1,400 units for $165,200 on account ($118 each). | ||
| January | 15 | Return 115 of the units purchased on January 12 because of defects. | ||
| January | 19 | Sell 4,000 units on account for $600,000. The cost of the units sold is determined using a FIFO perpetual inventory system. | ||
| January | 22 | Receive $577,000 from customers on accounts receivable. | ||
| January | 24 | Pay $407,000 to inventory suppliers on accounts payable. | ||
| January | 27 | Write off accounts receivable as uncollectible, $2,800. | ||
| January | 31 | Pay cash for salaries during January, $117,000. |
The following information is available on January 31, Year 1.
Exercise 6-21B Part 5
5. Prepare a classified balance sheet as of
January 31, Year 1. (Amounts to be deducted should be
indicated with a minus sign.)
In: Accounting
Exercise 6-21B Complete the accounting cycle using inventory transactions (LO6-2, 6-3, 6-5, 6-6, 6-7)
[The following information applies to the questions displayed below.]
On January 1, Year 1, the general ledger of a company includes the following account balances:
| Accounts | Debit | Credit | ||||
| Cash | $ | 22,500 | ||||
| Accounts Receivable | 38,000 | |||||
| Allowance for Uncollectible Accounts | $ | 3,700 | ||||
| Inventory | 33,000 | |||||
| Land | 66,100 | |||||
| Accounts Payable | 30,900 | |||||
| Notes Payable (8%, due in 3 years) | 33,000 | |||||
| Common Stock | 59,000 | |||||
| Retained Earnings | 33,000 | |||||
| Totals | $ | 159,600 | $ | 159,600 | ||
The $33,000 beginning balance of inventory consists of 330 units, each costing $100. During January Year 1, the company had the following inventory transactions:
| January | 3 | Purchase 1,200 units for $129,600 on account ($108 each). | ||
| January | 8 | Purchase 1,300 units for $146,900 on account ($113 each). | ||
| January | 12 | Purchase 1,400 units for $165,200 on account ($118 each). | ||
| January | 15 | Return 115 of the units purchased on January 12 because of defects. | ||
| January | 19 | Sell 4,000 units on account for $600,000. The cost of the units sold is determined using a FIFO perpetual inventory system. | ||
| January | 22 | Receive $577,000 from customers on accounts receivable. | ||
| January | 24 | Pay $407,000 to inventory suppliers on accounts payable. | ||
| January | 27 | Write off accounts receivable as uncollectible, $2,800. | ||
| January | 31 | Pay cash for salaries during January, $117,000. |
The following information is available on January 31, Year 1.
Exercise 6-21B Part 4
4. Prepare a multiple-step income statement for
the period ended January 31, Year 1.
In: Accounting
Required information
Exercise 6-21B Complete the accounting cycle using inventory transactions (LO6-2, 6-3, 6-5, 6-6, 6-7)
[The following information applies to the questions displayed below.]
On January 1, Year 1, the general ledger of a company includes the following account balances:
| Accounts | Debit | Credit | ||||
| Cash | $ | 22,500 | ||||
| Accounts Receivable | 38,000 | |||||
| Allowance for Uncollectible Accounts | $ | 3,700 | ||||
| Inventory | 33,000 | |||||
| Land | 66,100 | |||||
| Accounts Payable | 30,900 | |||||
| Notes Payable (8%, due in 3 years) | 33,000 | |||||
| Common Stock | 59,000 | |||||
| Retained Earnings | 33,000 | |||||
| Totals | $ | 159,600 | $ | 159,600 | ||
The $33,000 beginning balance of inventory consists of 330 units, each costing $100. During January Year 1, the company had the following inventory transactions:
| January | 3 | Purchase 1,200 units for $129,600 on account ($108 each). | ||
| January | 8 | Purchase 1,300 units for $146,900 on account ($113 each). | ||
| January | 12 | Purchase 1,400 units for $165,200 on account ($118 each). | ||
| January | 15 | Return 115 of the units purchased on January 12 because of defects. | ||
| January | 19 | Sell 4,000 units on account for $600,000. The cost of the units sold is determined using a FIFO perpetual inventory system. | ||
| January | 22 | Receive $577,000 from customers on accounts receivable. | ||
| January | 24 | Pay $407,000 to inventory suppliers on accounts payable. | ||
| January | 27 | Write off accounts receivable as uncollectible, $2,800. | ||
| January | 31 | Pay cash for salaries during January, $117,000. |
The following information is available on January 31, Year 1.
Exercise 6-21B Part 6
6. Record closing entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
In: Accounting
The purchase decision is critical in driving customers to pick which company they will do business with. How would you use technology to influence customers’ purchase decisions to increase your business’ customer base?
ASAP please
new answers please
In: Economics
In Appendix B in your book there is a table of the ages of Best Actor and Best Actress Oscar award winners. Test the claim at � = 0.05 that proportion of male winners over age 40 is greater than the proportion of female winners over the age of 40.
ACTRESSES
22
37
28
63
32
26
31
27
27
28
30
26
29
24
38
25
29
41
30
35
35
33
29
38
54
24
25
46
41
28
40
39
29
27
31
38
29
25
35
60
43
35
34
34
27
37
42
41
36
32
41
33
31
74
33
50
38
61
21
41
26
80
42
29
33
35
45
49
39
34
26
25
33
35
35
28
30
29
61
32
33
45
29
62
22
44
54
ACTORS
44
41
62
52
41
34
34
52
41
37
38
34
32
40
43
56
41
39
49
57
41
38
42
52
51
35
30
39
41
44
49
35
47
31
47
37
57
42
45
42
44
62
43
42
48
49
56
38
60
30
40
42
36
76
39
53
45
36
62
43
51
32
42
54
52
37
38
32
45
60
46
40
36
47
29
43
37
38
45
50
48
60
50
39
55
44
33
In: Statistics and Probability
In 400 words, apply social media marketing for a specific business or company. How does the company use social media to communicate with their customers?
In: Economics
Assume a company paid $800 for a computer that it plans to sell to its customers. Suppose that because of new technology the company could buy the same computer today for $600. How would the lower-of-cost of market rule affect the financial statements?
Multiple Choice
Decrease net income on the income statement
Decrease common stock reported on the balance sheet
Increase liabilities on the balance sheet
Increase stockholders’ equity on the balance sheet
In: Accounting
A local insurance company is analyzing the cost of the two body shops their customers tend to use in hopes to save money. They randomly select 10 bills from their files of claim payments made in the last year to see if one company tends to be cheaper than the other. The data are shown below.
Crash-tastic: 800 1100 1500 1800 1900 1420 2100 2300 1400 1500
Mr. Fix It: 1700 1230 1220 1600 1120 1560 920 1800 1500 1400
Part 1 of 2: 5 pts Name the appropriate test we would use to determine if there is a significant difference in repair costs (2 pts). BE SPECIFIC! Explain why you made the choice you did (3 pts)!
Part 2 of 2: 5 pts Check each of the four appropriate conditions in detail (1 pt each) and indicate whether you can proceed with the test. If you cannot proceed, explain why, sighting the condition that wasn't met and why.
In: Statistics and Probability