1. A joint account involves an account owned and operated by two or more individuals other than a partnership or trust. As a banker, how will you handle the following exercises relating to joint accounts?
(a) Explain in detail the two incidents of Joint Accounts – Right of survivorship and Joint Liability – to Mr. & Mrs. Dacosta Aboagye who have requested to open a joint account with your bank.
(b) List and explain 6 clauses that can be found in a joint account mandate form.

A)Let S = {1,2,3,...,18,19,20} be the universal set.

Let sets A and B be subsets of S, where:

Set A={3,4,9,10,11,13,18}A={3,4,9,10,11,13,18}

Set B={1,2,4,6,7,10,11,12,15,16,18}B={1,2,4,6,7,10,11,12,15,16,18}

LIST the elements in Set A and Set B: {  }

LIST the elements in Set A or Set B: {  }

B)A ball is drawn randomly from a jar that contains 4 red balls, 5 white balls, and 9 yellow balls. Find the probability of the given event. Write your answers as reduced fractions or whole numbers.

(a) PP(A red ball is drawn) =    

(b) PP(The ball drawn is NOT red) =    

(c) PP(A green ball is drawn) =  

C)

As part of a statistics project, a teacher brings a bag of marbles containing 700 white marbles and 400 red marbles. She tells the students the bag contains 1100 total marbles, and asks her students to determine how many red marbles are in the bag without counting them.

A student randomly draws 100 marbles from the bag. Of the 100 marbles, 41 are red.

The data collection method can best be described as?

• Census
• Survey or Sample
• Controlled study
• Clinical study

The target population consists of?

• The 1100 marbles in the bag
• The 41 red marbles drawn by the student
• The 100 marbles drawn by the student
• The 400 red marbles in the bag
• None of the above

The sample consists of?

• The 41 red marbles drawn by the student
• The 1100 marbles in the bag
• The 100 marbles drawn by the student
• The 400 red marbles in the bag
• None of the above

Use the following regression data for parts A-D: In-state and out-of-state tuition was recorded for a sample of public colleges in the U.S., and a regression was performed which gave the following output:

The regression equation is:   Out-of-State = 4226 + 1.79 In-State

Predictor        Coef     SE Coef          T        P

Constant         4226        3686       1.15    0.281

In-State       1.7903      0.5256       3.41    0.008

S = 3034        R-Sq = 56.3%     R-Sq(adj) = 51.5%

A) What is the response variable for this regression?

a) in-state tuition

b) out-of-state tuition

B) From the output, determine the value of r, the correlation coefficient:

a)   3034

b) 56.3%

c) 75%

C) Use the line of regression to predict the cost of out-of-state tuition for a college that charges $15,000 for in-state tuition.

            a) $31,076

            b) $19,226

            c) $4,226

D) Interpret the slope of this regression line, in context:

            a) When in-state tuition is $0, out-of-state tuition is predicted to be $4,226.

            b) When out-of-state tuition is $0, in-state tuition is predicted to be $4,226.

c) For every increase of $1 in out-of-state tuition, in-state tuition is predicted to go up by $1.79.

d) For every increase of $1 of in-state tuition, out-of-state tuition is predicted to go up by $1.79.

Use the following table to answer questions 1 - 6:

1. What is the expected return for asset A?

2. What is the expected return for asset B?

3. What is the standard deviation for asset A?

4. What is the standard deviation for asset B?

5. What is the expected return of a portfolio that has 70% in Asset A and 30% in Asset B?

6. The standard deviation of the 70% A and 30% B portfolio most likely should:

IRS Publications, Publication 17.

1) What is the purpose of this publication?

2) What are the various sections of the publication and what information does each section contain? Be general, not specific.

3) Using the index at the end of the publication, choose two items (income or deduction) and briefly explain the tax rules for each item.  

From the given information in each case below, state what you know about the P-value for a chi-square test and give the conclusion for a significance level of α = 0.01. Use Table 8 in Appendix A. (Enter your answers to three decimal places.)

(a)    χ² = 7.69, df = 2
______< P-value < _____

Conclusion:

Reject H₀

Fail to reject H₀    

(b)    χ² = 13.05, df = 6
______< P-value < ______

Conclusion:

Reject H₀

Fail to reject H₀    

(c)    χ² = 17.77, df = 9
______< P-value < ______

Conclusion:

Reject H₀

Fail to reject H₀    

(d)    χ² = 20.41, df = 4
P-value  ? = < > ________

Conclusion:

Reject H₀

Fail to reject H₀    

(e)    χ² = 5.03, df = 3
P-value  ? > < = _______

Conclusion:

Reject H₀

Fail to reject H₀    

What is general information about Chipotle, Starbucks, and McDonald. state their managerial issues, recent news etc.

Scenario : A researcher wishes to analyze an outbreak of measles among unvaccinated children in their state. They have access to the following data for each case: age at time of infection, duration of infection (in weeks), and disease outcome (death or survival).

1) What kinds of data are these (nominal, ordinal, interval or ratio)? explain your answer.

2) Describe one statistic that you would calculate from these data to help understand the outbreak and explain your answer.

Hi, could you please assist with this question?

You are an investment banking consultant advising a mining company. The CEO of the company tells you that she believes that capital structure does not have an impact on firm value. On what basis might they make this comment? State whether you agree or not with this position and explain why. Does the nature of this firm’s business risk change your answer? Fully explain your reasoning.

Thanks kindly