Questions
Jaime’s home was completely destroyed by flooding in 2016. He purchased the home in 2010 for...

Jaime’s home was completely destroyed by flooding in 2016. He purchased the home in 2010 for $175,000 including $50,000 allocated for the land. a. What is Jaime’s loss (assuming he had no insurance)? b. If Jaime’s adjusted gross income is $80,000, what is his deductible loss? c. Assume Jaime had insurance and received $160,000 in insurance proceeds to rebuild his home. What is his realized gain or loss? d. What is the recognized gain or loss if he elects to build a smaller home and only uses $120,000 of the insurance proceeds to build the replacement home?

Would C. and D. be a gain or loss?

In: Accounting

The following table shows a portion of the monthly returns data (in percent) for 2010–2016 for...

The following table shows a portion of the monthly returns data (in percent) for 2010–2016 for two of Vanguard’s mutual funds: the Vanguard Energy Fund and the Vanguard Healthcare Fund. [You may find it useful to reference the t table.]

Date Energy Healthcare
Jan-10 -4.89 -0.11
Feb-10 1.6 0.54
Mar-10 2.27 1.37
Apr-10 2.99 -3.84
May-10 -11.6 -5.16
Jun-10 -5.77 -0.52
Jul-10 8.69 1.52
Aug-10 -6.02 -1.08
Sep-10 10.2 8.24
Oct-10 3.85 2.3
Nov-10 2.82 -2.5
Dec-10 5.55 2
Jan-16 -1.44 -8.79
Feb-16 -2.57 -1.87
Mar-16 12.5 -0.46
Apr-16 10.03 2.62
May-16 -1.37 2.68
Jun-16 3.52 -0.03
Jul-16 -1.05 5.18
Aug-16 2.51 -4.88
Sep-16 2.6 0.56
Oct-16 -3.05 -7.63
Nov-16 7.01 1.51
Dec-16 0.2 -5.29

a. Calculate the sample correlation coefficient rxy. (Round intermediate calculations to at least 4 decimal places and final answer to 2 decimal places.)
b. Specify the competing hypotheses in order to determine whether the population correlation coefficient is different from zero.

  • H0: ρxy ≤ 0; HA: ρxy > 0

  • H0: ρxy ≥ 0; HA: ρxy < 0

  • H0: ρxy = 0; HA: ρxy ≠ 0

c-1. Calculate the value of the test statistic. (Round intermediate calculations to at least 4 decimal places and final answer to 2 decimal places.)

c-2. Find the p-value.

  • p-value < 0.01

  • 0.01 ≤ p-value < 0.02

  • 0.02 ≤ p-value < 0.05

  • 0.05 ≤ p-value < 0.10

  • p-value ≥ 0.10


c-3. At the 5% significance level, what is the conclusion to the test?

  • Reject H0; there is enough evidence to state the returns are correlated.

  • Reject H0; there is not enough evidence to state the returns are correlated.

  • Do not reject H0; there is enough evidence to state the returns are correlated.

  • Do not reject H0; there is not enough evidence to state the returns are correlated.

In: Statistics and Probability

Shortly after the major oil spill in the Gulf of Mexico that occurred in April 2010...

Shortly after the major oil spill in the Gulf of Mexico that occurred in April 2010 due to an explosion on an oil rig, a Rasmussan Poll found that 23% of respondents were against offshore drilling for oil. In an effect to confirm these results, and environment group randomly selected 200 adults and asked them their opinions about offshore drilling. A. What is the probability that 40 or more people from this sample are against offshore drilling oil? B. What is the probability that 50 or more people from the sample are against offshore drilling oil? C. If 62 people in the sample indicated that they are against offshore drilling for oil. What conclusions can the environmental group make?

In: Statistics and Probability

If 800 million liters of oil were released into the Gulf of Mexico during the 2010...

If 800 million liters of oil were released into the Gulf of Mexico during the 2010 Deepwater Horizon oil spill. If the oil from this oil spill formed a film on the ocean surface that was one molecule thick, how much area would it cover? Warning: estimates required.(Answer:10^9 km^2)

In: Physics

On January 1, 2010 Ryan Corporation issued bonds with a face value of $5,000,000 and a...

On January 1, 2010 Ryan Corporation issued bonds with a face value of $5,000,000 and a coupon rate of 5% for $4,670,865. The effective rate on the bonds is 6%. The bonds pay interest each January 1 and July 1 and mature on July 1, 2018.
The company uses effective rate amortization method.
6. The journal entry (and amount) to recognize the interest expense on December 31, 2010 would be:
a. Debit Interest Expense [$140,126]; Credit Bonds Payable [$15,126]; Credit Cash [$125,000].
b. Debit Interest Expense [$140,580]; Credit Bonds Payable [$15,580]; Credit Interest Payable [$125,000].
c. Debit Interest Expense [$150,000]; Credit Bonds Payable [$25,000]; Interest Payable [$125,000].
d. Debit Interest Expense [$140,126]; Credit Cash [$125,000]; Credit Bonds Payable [$15,126].
e. None of the above but: .
7. On December 31, 2011, the total amount for bonds payable reported by Ryan on its Balance sheet would be:
a. Long-term Liability: Bonds Payable [$5,000,000].
b. Long-term Liability: Bonds Payable [$4,734,147].
c. Long-term Liability: Bonds Payable [$4,717,618].
d. Long-term Liability: Bonds Payable [$4,751,171].
e. None of the above but: $ .

In: Accounting

The following shows a portion of the monthly returns data (in percent) for 2010-2016 for two...

The following shows a portion of the monthly returns data (in percent) for 2010-2016 for two of Vanguard's mutual funds: the Vanguard Energy Fund and the Vanguard Healthcare Fund. [You may find it useful to reference the t table.]

DATE : ENERGY : HEALTHCARE : (Jan-10, -4.95, -0.19); (Feb-10, 1.8, 0.39); (Mar-10, 2.47, 1.18); (Apr-10, 3.14, -3.8); (May-10, -11.5, -5.09); (Jun-10, -5.95, -0.63); (Jul-10, 8.83, 1.47); (Aug-10, -5.84, -1.1); (Sep-10, 10.13, 8.32); (Oct-10, 3.98, 2.37); (Nov-10, 2.81, -2.41); (Dec-10, 5.71, 1.00); (Jan-11, 6.42, 1.74); (Feb-11, 5.7, 2.99); (Mar-11, 1.37, 1.17); (Apr-11, 1.73, 5.69); (May-11, -4.22, 2.41); (Jun-11, -1.98, -0.59); (Jul-11, 1.19, -2.75); (Aug-11, -10.42, -2.61); (Sep-11, -14.9, -3.89); (Oct-11, 18.74, 4.64); (Nov-11, 0.82, -0.21); (Dec-11, -8.49, -3.08); (Jan-12, 4.28, 2.42); (Feb-12, 4.91, 1.56); (Mar-12, -6.51, 3.62); (Apr-12, -1.72, -0.47); (May-12, -12.15, -3.48); (Jun-12, 5.44, 5.45); (Jul-12, 2.8, 0.31); (Aug-12, 2.83, 1.88); (Sep-12, 2.98, 3.93); (Oct-12, -0.96, -0.73); (Nov-12, -2.8, 0.41); (Dec-12, 2.2, -3.28); (Jan-13, 5.74, 6.47); (Feb-13, -2.02, 1.3); (Mar-13, 1.59, 3.6); (Apr-13, -0.15, 2.99); (May-13, 1.69, 1.42); (Jun-13, -3.49, 0.22); (Jul-13, 5.31, 5.54); (Aug-13, -0.21, -1.92); (Sep-13, 2.95, 4.1); (Oct-13, 4.57, 3.97); (Nov-13, -0.82, 5.2); (Dec-13, -1.74, -4.7); (Jan-14, -5.1, 2.25); (Feb-14, 5.86, 8.54); (Mar-14, 1.88, -5.98); (Apr-14, 5.46, -3.1); (May-14, 1.3, 3.73); (Jun-14, 5.5, 3.35); (Jul-14, -4.72, 0.04); (Aug-14, 1.7, 3.94); (Sep-14, -7.23, -0.19); (Oct-14, -4.95, 5.45); (Nov-14, -9.09, 3.4); (Dec-14, -9.73, -8.36); (Jan-15, -4.11, 1.95); (Feb-15, 5.05, 4.8); (Mar-15, -2.6, -0.35); (Apr-15, 10.52, -0.73); (May-15, -6.62, 4.71); (Jun-15, -4.17, -0.26); (Jul-15, -7.59, 2.64); (Aug-15, -4.87, -5.79); (Sep-15, -7.64, -5.8); (Oct-15, 10.79, 5.87); (Nov-15, -1.03, 1.47); (Dec-15, -11.59, -3.91); (Jan-16, -1.2, -8.79); (Feb-16, -2.52, -1.84); (Mar-16, 12.63, -0.42); (Apr-16, 12.63, 2.56); (May-16, -1.55, 2.52); (Jun-16, 3.62, -0.11); (Jul-16, -1.08, 5.28); (Aug-16, 2.42, -4.97); (Sep-16, 2.35, 0.54); (Oct-16, -3.06, -7.51); (Nov-16, 6.9, 1.48); (Dec-16, -0.8, -5.15)

a. Calculate the sample correlation coefficient Rxy. (Round intermediate calculations to at least 4 decimal places and final answer to 2 decimal places.)

Sample Correlation Coefficient = _________

b. Calculate the value of the Test Statistic. (Round intermediate calculations to at least 4 decimal places and final answer to 2 decimal places.)

Test Statistic = _________

(I can attach the spreadsheet in a comment. It made it too long to post as one question.)

In: Statistics and Probability

A Gallup poll was conducted in 2010 in which they surveyed people all over the world...

A Gallup poll was conducted in 2010 in which they surveyed people all over the world and found that 44% of adults in the world believe that global warming is a serious threat to themselves and their families. Assume that this is the population proportion of adults worldwide who believe global warming is a threat (p= 0.44), and suppose we repeatedly select random samples of size 250, and ask them the same question.

(a) Find the mean, and standard error, of the sampling distribution of sample proportions for the given n and p.

(b) Use the Empirical Rule to find the interval centered at p that contains approximately 99.7% of all sample proportions.

(c) Suppose that in a random sample of 250 people, 100 say that global warming is a threat. Find the sample proportion � and the z-score for this sample proportion.  

(d) What is the probability that in a random sample of 250 people, 100 or less will say they think global warming is a threat?

In: Statistics and Probability

Rick is a 2010 graduate of York College, with a B.Sc. degree in Accounting. He works...

Rick is a 2010 graduate of York College, with a B.Sc. degree in Accounting.
He works at one of the Big 4 CPA firm and earned $127,500 in Gross
Earnings in 2017. Below are his 2017 payroll deductions:
Social Security ???
Medicare ???
FIT         12,500
SIT           6,500
Retirement           5,600
Charity               500
Medical           7,500
Additional Information for 2017 are:
Social Security Rate: 6.20%
Medicare Rate: 1.45%
Social Security Threshold: $127,200
Please prepare the Journal entries to record the
payroll accounting.

In: Accounting

The Patient Protection and Affordable Care Act (PPACA) was passed into legislation in March of 2010....

The Patient Protection and Affordable Care Act (PPACA) was passed into legislation in March of 2010. Identify the impact of this legislation on your nursing practice by choosing two key nursing provisions outlined in the topic material "Nursing and Health Reform." Discuss how these two provisions have impacted, or will impact, your current practice of nursing.

In: Nursing

74% of freshmen entering public high schools in 2006 graduated with their class in 2010. A...

74% of freshmen entering public high schools in 2006 graduated with their class in 2010. A random sample of 81 freshmen is selected. Find the probability that the proportion of students who graduated is greater than 0.750 . Write only a number as your answer. Round to 4 decimal places (for example 0.1048). Do not write as a percentage.

In: Statistics and Probability