Questions
Another student must pass through 12 sets of traffic lights on his way to university each...

Another student must pass through 12 sets of traffic lights on his way to university each day. Suppose

that each of the lights is green 36% of the time, yellow 5% of the time, and red 59% of the time.

Suppose it is known that the traffic lights function independently.

(a) What is the probability that the student encounters exactly five red lights on his way to university

one day?

(b) What is the probability that the student encounters at least three green lights on his way to

university one day?

(c) In a five-day school week, what is the probability that the student encounters exactly seven yellow

lights on his way to university?

In: Statistics and Probability

Consider this FOB Destination- FOB Shipping Point scenario: Brian Inc. sold $1,000,000 worth of inventory/merchandise to...

  1. Consider this FOB Destination- FOB Shipping Point scenario:

Brian Inc. sold $1,000,000 worth of inventory/merchandise to Lisa Enterprises on Feb 14, 2020.

The inventory was loaded onto a truck and shipped from Cali to NY that same day- Feb 14, 2020

It is expected to arrive in NY on Feb 14, 2020

Based on the shipping documents this shipment to NY is being sent FOB Destination

Who does the $1,000,000 worth of inventory/ merchandise belong to on Feb 18, 2020 while the shipment is in transit from Cali to NY- Brian Inc. or Lisa Enterprises?

a. The inventory still belongs to Brian Inc. on Feb 18,2000

b. The inventory belongs to Lisa Enterprises

c. No answer text provided

2. Failure to prepare and record an adjusting entry, at the end of a reporting period, can cause financial statements to be misleading. If the accountants does not record additional revenue earned on the last day of the reporting period (assume a new sale):

a. Net Income will be overstated (artificially high)

b. No answer text provided

c. Liabilities will be understand (artificial low)

d. Revenues will be understand (artificially low) and assets will be understand (artificially low)

3. Is Match the user group to their classification external or internal users?

4. A company (the purchaser) uses the perpetual inventory method….and pays the transportation/ shipping costs to bring that inventory to their physical warehouse. This transportation/shipping costs would impact the accounting records as follows:

a. Inventory account is not affected

b. Freight-in accounts is increased

c. nventory account is increased

d. Delivery Expense account is increased

In: Accounting

OUR UNDERSTANDING OF GENETIC INHERITANCE AND THE FUNCTION OF DNA IN PRODUCING THE CHARACTERISTICS OF THE...

OUR UNDERSTANDING OF GENETIC INHERITANCE AND THE FUNCTION OF DNA IN PRODUCING THE CHARACTERISTICS OF THE INDIVIDUAL HAVE DEVELOPING FOR MORE THAN 150 YEARS. CONSIDER OUR CURRENT STATE OF KNOWLEDGE. LINK GENETIC CHARACTERISTICS TO DNA STRUCTURE. EXPLAIN HOW D N A THROUGH THE PROCESS OF PROTRIN SYNTHESIS IS RESPONSIBLE FOR THELTIMATE EXPRESSON OF THE CHARACTERISTICS IN THE ORGANISM. DESCRIBE HOW INTERFERENCE IN PROTEIN SYNTHESIS CAN RESULT IN DISRUPTION OF CELLULAR AND BODILY PROCESSES? HOW DOES THE SIGNIFICANE OF ONE CLASS OF PROTEINS, THE ENZMES, RELATIVE TO THE IMPORTANCE OF PROPER NUTRITION THROUGHOUT LIFE?

MENDELUSED MATHEMATICS OF EXPERIMENTATION TO DERIVE MAJOR PRINCIPAL THAT HAVE HELPED US UNDERSTAND INHERITANCE HIS IDEAS WERE TOTALLY DIFFERENT THAN THE EXPLANATION FOR PASSAGE OF CHARACTERISTICS FROM PARENTS TO OFFSPRING THAT WAS COMMON TO HIS TIME. LIST AND DESCRIBE HOW EACH CONTRIBUTES TO GENETIC VARIABILITY, HOW MIGHT BIOLOGY HAVE BE DIFFERENT IF HIS DISCOVERIES HAD NOT BEEN LOST FOR DECADE? BE PREPAREDGNIFICANCE OF MENDEL'S DISCOVERIES TO MODERN BIOLOGY.

SUBMISSION DETAILS:

SUBMIT YOUR DOCUMENT TO THE SUBMISSIONS AREA BY THE DUE DATE ASSIGNED. BY 2/3/18.

In: Biology

Assessing Financial Statement Effects of Transactions and Adjustments The following information relates to December 31 accounting...

Assessing Financial Statement Effects of Transactions and Adjustments

The following information relates to December 31 accounting adjustments for Fulton Fast Print Company. The firm’s fiscal year ends on December 31.

1. Weekly salaries for a five-day week total $3,600, payable on Fridays. December 31 of the current

year is a Tuesday.

2. Fulton Fast Print has $20,000 of notes payable outstanding at December 31. Interest of $200 has

accrued on these notes by December 31 but will not be paid until the notes mature next year.

3. During December, Fulton Fast Print provided $900 of printing services to clients who will be billed on

January 2. The firm uses the fees receivable account to reflect amounts earned but not yet billed.

4. Starting December 1, all maintenance work on Fulton Fast Print’s equipment is handled by Richard-

son Repair Company under an agreement whereby Fulton Fast Print pays a fixed monthly charge of

$400. Fulton Fast Print paid six months’ service charge of $2,400 cash in advance on December 1

and increased its Prepaid maintenance account by $2,400.

5. The firm paid $900 cash on December 15 for a series of radio commercials to run during December

and January. One-third of the commercials aired by December 31. The $900 payment was recorded

in its prepaid advertising account.

6. Starting December 16, Fulton Fast Print rented 800 square feet of storage space from a neighboring

business. The monthly rent of $0.80 per square foot is due in advance on the first of each month.

Nothing was paid in December, however, because the neighboring business agreed to add the rent

for one-half of December to the January 1 payment.

7. Fulton Fast Print invested $5,000 cash in securities on December 1 and earned interest of $38 on

these securities by December 31. No interest will be received until January.

8. Annual depreciation on the firm’s equipment is $2,175. No depreciation has been recorded during

the year.

Required

Prepare Fulton Fast Print Company’s accounting adjustments required at December 31 using the financial

statement effects template

In: Accounting

The population of a particular country consists of three ethnic groups. Each individual belongs to one...

The population of a particular country consists of three ethnic groups. Each individual belongs to one of the four major blood groups. The accompanying joint probability table gives the proportions of individuals in the various ethnic group-blood group combinations.
Blood Group
O   A   B   AB
1   0.082   0.111   0.006   0.004
Ethnic Group   2   0.130   0.141   0.018   0.008
3   0.215   0.191   0.074   0.020
Suppose that an individual is randomly selected from the population, and define events by A = {type A selected}, B = {type B selected}, and C = {ethnic group 3 selected}.
(a) Calculate P(A), P(C), and P(A ∩ C). (Enter your answers to three decimal places.)
P(A)   =
P(C)   =
P(A ∩ C)   =

(b) Calculate both P(A | C) and P(C | A). (Round your answers to three decimal places.)
P(A | C)   =
P(C | A)   =

Explain in context what each of these probabilities represents. (Select all that apply.)
If a person has type B blood, the probability that he is from ethnic group 3 is given by P(C | A).
If we know that the individual came from ethnic group 3, the probability that he has type A is given by P(C | A).
If a person has type A blood, the probability that he is from ethnic group 3 is given by P(C | A).
If a person has type A blood, the probability that he is from ethnic group 3 is given by P(A | C).
If we know that the individual came from ethnic group 3, the probability that he has type A is given by P(A | C).
If a person has type B blood, the probability that he is from ethnic group 3 is given by P(A | C).

(c) If the selected individual does not have type B blood, what is the probability that he or she is from ethnic group 1? (Round your answer to three decimal places.)

In: Statistics and Probability

You have been hired as an admissions evaluator for a large national university. Their guidelines state...

You have been hired as an admissions evaluator for a large national university. Their guidelines state that students who scored in the top 10.2% of test takers on either test, based on their composite score, should be automatically passed to the next step for being considered for admission. Additionally, any student scoring in the top 4.09% in Math or English on either test also gets automatically passed to the next step. Because you have taken statistics, your supervisor has asked you to write up a set of guidelines that other evaluators will use to quickly look at hundreds of applications to determine if they automatically get moved along in the process.

In: Statistics and Probability

Name the analysis that would be conducted to respond to the research questions listed below. Second,...

Name the analysis that would be conducted to respond to the research questions listed below. Second, explain how you know that is the correct analysis. ( you have to choose if the information that is shown here that fits this requirement: Qualitative research method, quantitative research)

What are possible differences in frequencies between males and females who were in the top 50% versus bottom 50% of their graduating class in high school?

Analysis:

How you know:

What are possible differences between GPA of graduate students at a large public research university and the mean GPA (μ=3.25) advertised on this university’s website?

Analysis:

How you know:

In: Advanced Math

What statistical test should be used for the following study? An university counselor believes that hypnosis...

What statistical test should be used for the following study? An university counselor believes that hypnosis is more effective than the standard treatment given to students who have high test anxiety. To test his belief, he randomly divides 22 students with high test anxiety into two groups. One of the groups receives the hypnosis treatment and the other group receives the standard treatment. When the treatments are concluded, each student is given a test anxiety questionnaire.

a. single sample t-test   b. independent samples t-test   c. dependent/related samples t-test   d. z-test

In: Statistics and Probability

In its first year of operations, Lien Company entered into the following transactions, among others: a  ...

In its first year of operations, Lien Company entered into the following transactions, among others: a   1 January: Bought equipment, $105 000. b   31 March: Prepaid one year’s rent, $24 000.
c   1 July: Took out a one-year loan from the bank at an annual interest rate of 8 per cent, $20 000.
d   1 August: Received payment for services not yet rendered, $12 000.
On 31 December, Lien has earned $8000 of the $12 000 in transaction 4 and has incurred but not recorded $450 of electricity. Lien prepares adjusting entries on an annual basi

In: Accounting

Ms. Beach has asked you to advise him on the long-term debt-paying ability of Aroshell Company....

Ms. Beach has asked you to advise him on the long-term debt-paying ability of Aroshell Company.
She provides you with the following ratios:
2016 2015 2014
Times interest earned 8.2 7.0 4.5
Debt ratio 30% 29% 30%
Debt to tangible net worth 70% 71% 71%
a. Give the implications and the limitations of each item separately and then the collective
     influence that could be drawn from them about Aroshell Company's long-term debt position.
b. What warnings should you offer Ms. Beach about the limitations of ratio analysis for the purpose stated here?

In: Accounting