According to a government study among adults in the 25 0 to 34-year age group, the mean amount spent per year on reading and entertainment is $2,035. Assume that the distribution of the amounts spent follows the normal distribution with a standard deviation of $601. a) a) What percent of the adults spend more than $2,475 per year on reading and entertainment? b) b) What percent spend between $2,475 and $3,150 per year on reading and entertainment? c)   What percent spend less than $1,025 per year on reading and entertainment?

ABC Company formed in 2020. ABC company files their tax return using the accrual basis of accounting. ABC’s profit and loss showed the following:

Revenue - $1,000,000

Expenses:

Salaries - $700,000

Office Expense - $50,000

Supplies - $20,000

Postage - $10,000

Meals - $7,000

Entertainment - $1,000

Repairs - $2,000

Rent - $50,000

Political Contributions - $2,500

Calculate ABC company’s taxable income using the accounts above. Assuming ABC company operates a sole proprietorship, calculate the Qualified Business Income Deduction for 2020.

Indicate whether the following entertainment expenses are fully allowable or 50% allowable or fully disallowed under Public Ruling 3/2008.

(i) Entertainment given to a potential customer in a closed transaction.

(ii) Entertainment given to a potential or existing customer during the launching of the company’s new product.

(iii) Wedding gift to employee of customer.

(iv) Entertainment to employees of related company.

(v) Entertainment to Annual General Meeting of the company.

(vi) Cash contribution for annual dinner of a trade debtor.

(vii) Annual dinner given to employees of the company.

(viii) Gifts with business logo for customer’s annual dinner.

(ix) Free trips as an incentive to sales agents for achieving sales target.

(x) Gift of flower for congratulating customer for opening of new outlet.

In 2012, about what percentage did online digital entertainment and media revenues constitute of total entertainment and media revenues?

A large retailer manages inventory by using the regression equation Y’ = 0.65 X + 240 to predict the amount people will spend on clothing based on the amount they spend on entertainment.

If a person spends nothing on entertainment, how much would their predicted clothing expenditure be?

If a person spends $800 on entertainment, how much would their predicted clothing expenditure be?

1: [50] Referring to Myers's article, there is a quote from Stu Card on page 52.This represents 1998’s reality and vision for HCI research. Do you think that this vision explains innovation and research in HCI 1998-2017? Research this question and present your research in 1-2 pages of single-spaced paragraphs.

(1)A local entertainment establishment, in a small town, is trying to decide whether
it should increase its weekly advertising expenditure on a campus radio station. The
last six weeks of data on monthly revenue and radio advertising expenditure are
shown in the table below:
Week 1 2 3 4 5 6
Revenue ($000) 3.0 4.0 2.0 4.0 7.0 3.0
Advertising Expenditure ($00) 2.0 3.0 0.0 6.0 8.0 4.0
(a)Write a regression model that relates both variables in the “general” and
“specific” forms and briefly explain why the “specific” form is preferred.
(b) Estimate the parameters of the model and present your results in standard form.
Provide an interpretation of the results.
(c)Assume that in the following week #7, the firm planned to increase its advertising
expenditure to 9 (hundred) comment, briefly, on the expected impact of this new
spending on the firm’s total revenue according to this model.

Suppose the incidence rate of influenza (flu) during the winter of 1998-1999 (i.e. from December 21, 1998 to March 20, 1999) was 50 events per 1000 person-months among students in high schools in a particular city. Among 1200 students in one high school in the city, 200 developed a new case of influenza over the winter of 1999-2000 (i.e. the 90 days from December 21, 1999 to March 20, 2000).

Question: Test the hypothesis that the rate of flu has changed from winter 1998-1999 to winter 1999-2000. Write
out all 4 steps of the hypothesis test including a two-tailed p-value.

Outline the causes and impact of the Asian crisis of 1997/1998