Questions
The National State Bank is trying to make sure that they have enough tellers to handle...

The National State Bank is trying to make sure that they have enough tellers to handle the Friday afternoon rush of workers wanting to cash their paychecks. They are only concerned with the last hour of the day from 4:00 to 5:00 P.M. It takes 5 minutes per customer to be processed by the tellers. The average customer arrivals are shown in the table below.

TIME CUSTOMERS
ARRIVING
4:00 4:05 4
4:05 4:10 6
4:10 4:15 3
4:15 4:20 5
4:20 4:25 10
4:25 4:30 13
4:30 4:35 20
4:35 4:40 11
4:40 4:45 11
4:45 4:50 3
4:50 4:55 3
4:55 5:00 2
5:00 5:05 0
Total 91
The bank currently has 8 teller stations, and all are staffed during the Friday afternoon rush hour.
a. What is the current maximum output at the bank during rush hour?
  Current maximum output customers per hour
b. Can the bank process all the customers by 5:00 P.M.?
  (Click to select)YesNo, the bank (Click to select)cancannot process all the customers by 5:00 P.M.
c.

What is the maximum waiting time for customers, and what time period does it occur in? (Round your answer to 2 decimal places.)

  The maximum waiting time is  minutes and it occurs from (Click to select)4:50-4:554:30-4:354:40-4:454:35-4:404:45-4:50.

In: Operations Management

1.Your Username for your company computer is three letters followed by five single digit numbers. The...

1.Your Username for your company computer is three letters followed by five single digit numbers. The Letters can be repeated but the digits cannot be repeated. Find total possible number of usernames for your company"s computer system.

2.If a pair of fair dice is rolled find following probability that a number other than seven or eleven is rolled such that it is given that one of the two die is a two or a four.?

3.It is estimated that 2% pregnancies are the result of in vitro fertilization. The chance of multiple births from in vitro fertilization is 48%. The chance of multiple births from normal methods is 3%.

a) What is the probability a couple used in vitro fertilization and it resulted in a non-multiple birth?

b) If a multiple birth did not occur, what is the probability that it is the result of normal methods?

In: Math

Having a secure password is a very important practice, when much of our information is stored...

Having a secure password is a very important practice, when much of our information is stored online. Write a program that validates a new password, following these rules:

•The password must be at least 8 characters long.

•The password must have at least one uppercase and one lowercase letter

•The password must have at least one digit.

Write a program that asks for a password, then asks again to confirm it. If the passwords don’t match or the rules are not fulfilled, prompt again. Your program should include a method that checks whether a password is valid.

In java 1.7

In: Computer Science

easonal affective disorder (SAD) is a type of depression during seasons with less daylight (e.g., winter...

easonal affective disorder (SAD) is a type of depression during seasons with less daylight (e.g., winter months). One therapy for SAD is phototherapy, which is increased exposure to light used to improve mood. A researcher tests this therapy by exposing a sample of patients with SAD to different intensities of light (low, medium, high) in a light box, either in the morning or at night (these are the times thought to be most effective for light therapy). All participants rated their mood following this therapy on a scale from 1 (poor mood) to 9 (improved mood). The hypothetical results are given in the following table.

Light Intensity
Low Medium High
Time of
Day
Morning 5 5 7
6 6 8
4 3 6
7 7 9
5 9 5
6 8 7
Night 5 6 9
7 8 7
6 7 6
7 5 8
4 9 7
3 7 6

(a) Complete the F-table and make a decision to retain or reject the null hypothesis for each hypothesis test. (Round your answers to two decimal places. Assume experimentwise alpha equal to 0.05.)

Source of
Variation
SS df MS F
Time of day
Intensity
Time of
day ×
Intensity
Error
Total


State the decision for the main effect of the time of day.

Retain the null hypothesis.Reject the null hypothesis.    


State the decision for the main effect of intensity.

Retain the null hypothesis.Reject the null hypothesis.    


State the decision for the interaction effect.

Retain the null hypothesis.Reject the null hypothesis.    


(b) Compute Tukey's HSD to analyze the significant main effect.

The critical value is  for each pairwise comparison.


Summarize the results for this test using APA format.

In: Statistics and Probability

Every adjustment entry affects: at least one permanent account and one temporary account. only a permanent...

Every adjustment entry affects:

at least one permanent account and one temporary account.

only a permanent account.

only a temporary account.

only a revenue account.

2 points   

QUESTION 2

The owner of a corporation is called a:

partner.

stockholder.

director.

manager.

2 points   

QUESTION 3

When a corporation is owned by a few persons or by a family, it is called a:

closely held corporation.

publicly held corporation.

partnership.

sole proprietorship.

2 points   

QUESTION 4

A distribution of cash to stockholders of a publicly held corporation is called:

net profit.

dividend.

revenue.

interest.

2 points   

QUESTION 5

The process of preparing and closing the accounts of an organization for an accounting period is called a/an:

journal entry.

posting entry.

adjusting entry.

closing entry.

2 points   

QUESTION 6

The adjusting entry for supplies should be:

debit supplies expenses, credit supplies.

debit supplies, credit supplies expenses.

debit sales, credit prepaid insurance.

debit supplies, credit expenses.

2 points   

QUESTION 7

The second part of stockholder equity is called:

retained earnings.

revenue.

net loss.

net capital.

2 points   

QUESTION 8

How many financial statements do corporations prepare?

Four

Five

Two

Three

2 points   

QUESTION 9

The Income Statement of a merchandising business has:

five sections.

four sections.

two sections.

three sections.

2 points   

QUESTION 10

The operating income is an excess of:

gross profit over operating expenses.

gross loss over operating expenses.

gross profit over cost of merchandise sold.

operating expenses over gross profit.

2 points   

QUESTION 11

An analysis that reports each dollar amount in a financial statement as a percentage of another amount is called:

vertical analysis.

horizontal analysis.

percentage analysis.

financial statement analysis.

2 points   

QUESTION 12

A statement that reports the changes in the retained earnings accounts during an accounting period is called the:

statement of changes in owner's equity.

statement of retained earnings.

statement of income.

statement of stockholders' account.

2 points   

QUESTION 13

Which statement classifies activities as operating, investing, or financing?

Income statement

Cash flow statement

Statement of retained earning

Statement of stockholders

2 points   

QUESTION 14

Which account should you debit to close the net loss of a merchandise business?

Operating income account

Retained earnings account

Stockholders account

Income Statement Account

2 points   

QUESTION 15

The maximum number of shares a corporation may issue is called:

authorized capital stock.

preferred stock.

equity stock.

issued stock.

2 points   

QUESTION 16

Match the terms in column I with the descriptions in Column II.

Match the terms in column I with the descriptions in Column II.

           

comparability

           

horizontal analysis

           

vertical analysis

           

base period

           

preferred stock

           

authorized capital stock

           

earnings distributions

           

proxy

           

statements of stockholders' equity

           

cost of goods sold

A.        

legal form to transfer voting rights

B.        

comparison of the same items for two or more accounting periods

C.        

accounting information to be compared between two fiscal periods

D.        

preference over common stock

E.        

the maximum number of shares a corporation may issue

F.        

changes in all stockholders' equity accounts

G.        

period used for comparison

H.        

cost of goods sold

I.         

dividends

J.         

relationship of items from one period to another

In: Accounting

1) You conduct a stepwise regression according to the following procedure: Step 1:        HS_SCI only Step 2:        HS_SCI...

1) You conduct a stepwise regression according to the following procedure:

Step 1:        HS_SCI only

Step 2:        HS_SCI and HS_ENG

Step 3:        HS_SCI, HS_ENG and HS_MATH

Step 4:        HS_SCI, HS_ENG, HS_MATH and PARENT EDUC

Step 5:        HS_SCI, HS_ENG and HS_MATH, PARENT EDUC AND GENDER

Step 6:        HS_SCI, HS_ENG and HS_MATH, PARENT EDUC, GENDER and ATAR

Present the regression output for each of the six steps.

Choice of reference category: It is recommended that you choose U (undergraduate education) as the reference category for the categorical variable: PARENT EDUC.                                                   

2) For eachof the independent variables contained in the regression model in Step 5, fullyinterpret the regression (slope) coefficients and comment on their statistical significance.

In discussing statistical significance of a regression coefficient, you have to justify your choice of a one or two tail test.

3) In stepwise regression Step 6you noticed that the regression coefficient of ATAR is negative (!). Does this result surprise you, given the correlation of ATAR and GPA? Why/Why not? Does the inclusion of ATAR improve overall model fit? Discuss fully.   

DATA SAET:

Student ID GPA HS_SCI HS_ENG HS_MATH ATAR PARENT EDUC GENDER
1 6.75 10 10 10 91.6 P M
2 3.78 6 6 6 55.3 S M
3 4.11 6 8 8 74.95 U M
4 3.64 10 7 9 84.05 U M
5 5.91 9 8 8 77.55 U M
6 5.75 8 8 10 78.3 U M
7 5.35 10 10 8 89.75 S M
8 1.99 10 7 10 85.45 S M
9 4.81 10 10 10 90.25 P M
10 4.09 7 6 7 64.8 U M
11 5.39 10 6 9 84.55 U M
12 5.84 9 7 5 67.95 U M
13 1.59 5 7 6 61.95 S M
14 2.50 9 9 10 89.85 U M
15 4.09 9 7 8 74.05 S M
16 6.52 10 9 10 96.75 U M
17 6.65 10 9 10 93.9 U M
18 7.00 9 8 9 86.55 U M
19 3.50 6 5 9 66.95 U M
20 5.25 10 9 10 96 P M
21 4.06 7 8 9 74.05 U M
22 4.58 8 7 9 79.25 P M
23 5.37 4 7 7 58.3 S M
24 5.18 7 6 9 66.3 U M
25 6.56 9 9 10 92.35 U M
26 5.46 10 7 10 89.4 S M
27 3.93 7 4 9 68.3 S M
28 5.30 8 7 8 74.95 S M
29 1.35 6 6 7 57.65 S M
30 5.60 5 7 9 68.6 P M
31 2.45 8 8 6 68.35 S M
32 4.60 10 6 10 81.95 S M
33 3.36 10 8 9 86 S M
34 5.12 10 10 10 97.45 U M
35 6.54 10 9 9 84.85 P M
36 4.95 9 9 10 92.75 U M
37 5.42 10 9 9 86.25 U M
38 4.20 6 6 7 59.2 S M
39 4.88 6 7 9 70.45 S M
40 3.37 6 8 8 76.05 S M
41 3.79 7 7 10 74.2 U M
42 3.13 7 5 7 66.05 S M
43 5.86 10 10 10 84.25 U M
44 6.31 10 9 10 88.9 P M
45 4.81 7 5 10 73.65 U M
46 6.26 7 8 10 77.8 P M
47 4.83 10 10 10 90.35 P M
48 6.42 10 10 10 97.3 U M
49 6.66 10 7 10 90.2 U M
50 5.53 9 8 10 87 S M
51 5.53 7 7 9 77.6 P M
52 6.33 10 8 10 92 U M
53 3.93 9 10 6 81.8 S M
54 4.46 8 8 7 74 U M
55 4.93 9 9 10 91.45 U M
56 5.68 7 8 9 73.5 U M
57 3.71 7 8 7 73.95 S M
58 3.29 6 6 10 75.95 S M
59 4.63 10 8 8 82 S M
60 3.22 6 6 9 64 S M
61 3.86 7 8 7 73.65 S M
62 5.18 7 8 9 72.8 P M
63 4.23 6 8 6 61.3 S M
64 5.96 4 7 9 62.8 P M
65 5.81 10 10 10 90.4 P M
66 4.74 7 9 8 76.1 U M
67 5.95 10 9 9 84.25 U M
68 4.34 9 6 8 75.55 S M
69 4.34 8 7 8 71.85 U M
70 1.00 10 9 7 86.15 P M
71 5.56 10 8 9 88.1 P M
72 5.95 8 4 7 61.1 S M
73 5.61 8 7 8 74.25 S M
74 4.72 8 6 6 65.35 S M
75 5.35 6 5 8 59.95 U M
76 7.00 10 10 9 95.05 U M
77 6.12 7 8 8 69.8 S M
78 4.91 7 4 9 68.35 U M
79 3.16 9 9 9 87.5 P M
80 6.47 10 10 10 96.45 U M
81 5.04 7 6 9 71.35 S M
82 4.62 9 8 9 82.85 U M
83 5.40 10 8 10 84.2 U M
84 4.93 5 7 4 51.15 S M
85 5.19 10 10 10 95.55 U M
86 4.91 10 10 10 98.25 U M
87 5.81 9 10 10 91.5 U M
88 5.61 9 8 7 75.8 S M
89 6.47 10 8 8 87.9 S M
90 5.35 9 9 5 73.95 S M
91 5.02 9 9 9 81.15 S M
92 3.71 6 7 7 69.55 P M
93 3.95 7 7 5 63.55 U M
94 3.55 7 9 6 74.4 U M
95 4.25 10 10 7 82.3 U M
96 4.37 9 9 10 90.35 S M
97 2.90 4 3 8 49.75 U M
98 5.96 9 9 9 88.9 U M
99 3.41 8 9 7 77.25 S M
100 5.82 6 7 7 64.1 U M
101 2.78 9 7 8 77.5 S M
102 4.30 7 7 6 66.9 U M
103 6.02 10 9 10 96.35 S M
104 2.95 7 7 8 75.05 S M
105 1.30 7 7 9 72.8 U M
106 4.88 8 7 8 70.6 P M
107 1.00 6 6 4 58.05 S M
108 3.57 7 7 8 70.15 S M
109 3.50 5 6 6 57 S M
110 2.34 7 8 6 64.25 U M
111 4.02 10 10 9 90.65 P M
112 5.70 10 9 10 95.75 P M
113 5.49 8 9 9 83.2 U M
114 3.93 10 10 10 93.6 U M
115 1.75 9 10 8 91 U M
116 4.86 9 10 9 89.75 S M
117 3.95 8 5 6 65.7 S M
118 3.69 9 9 6 72.4 S M
119 4.95 7 7 6 63.85 S M
120 1.00 7 7 5 59.45 S M
121 4.37 9 9 9 81.1 U M
122 4.77 8 7 9 79.05 S M
123 4.27 8 8 8 73.55 U M
124 1.94 7 7 7 69.35 U M
125 5.46 10 10 10 96.3 U M
126 3.79 7 8 8 70.25 U M
127 3.50 7 6 3 53.25 S M
128 3.18 8 6 6 64.2 S M
129 5.63 7 9 9 84.2 U M
130 5.39 10 8 9 82.85 S M
131 1.40 10 9 8 85 S M
132 4.51 9 9 10 87.95 U M
133 3.76 6 6 6 62.2 S M
134 4.37 10 10 7 89.2 U M
135 3.23 8 7 10 84.15 U M
136 1.87 8 6 7 66.55 S M
137 5.16 9 8 9 80.3 U M
138 6.51 8 7 7 70.8 U M
139 1.21 6 7 6 61.55 S M
140 4.67 9 10 9 93.35 U M
141 4.39 8 7 9 76.3 U M
142 2.55 7 8 7 72.1 S M
143 4.18 5 6 6 57.4 S M
144 5.25 3 4 4 35.05 S M
145 5.86 10 10 10 92.9 P M
146 4.27 9 9 10 86.25 S F
147 5.86 9 9 9 88.25 U F
148 6.65 9 8 10 90.4 U F
149 4.56 7 8 9 73.15 P F
150 4.90 9 9 10 92.45 P F
151 5.74 10 10 10 91 P F
152 5.02 8 7 8 69.65 U F
153 5.53 9 8 8 76.75 U F
154 5.37 8 9 9 79.4 U F
155 6.44 8 9 10 89.65 U F
156 5.84 9 10 10 88.1 U F
157 6.05 9 8 9 86.05 S F
158 4.25 5 9 9 72.65 U F
159 4.84 5 9 6 64.75 P F
160 6.40 10 10 10 90.7 U F
161 3.25 9 7 7 75.55 S F
162 3.41 6 9 6 68.2 S F
163 5.35 10 10 10 96.2 U F
164 3.39 8 8 8 73.95 S F
165 5.49 9 10 9 91.6 U F
166 4.98 8 8 10 79.45 U F
167 6.07 10 9 10 96.25 U F
168 5.93 10 10 10 86.25 S F
169 6.82 10 10 10 91.8 U F
170 6.38 9 9 9 83.15 U F
171 6.37 6 8 8 72.4 S F
172 4.83 10 10 10 96.35 S F
173 5.00 9 10 10 91.05 U F
174 4.39 9 10 8 85.85 U F
175 5.00 9 8 8 78.35 U F
176 5.84 9 9 10 85.1 U F
177 5.82 7 9 9 82.85 U F
178 6.45 10 8 10 90.65 U F
179 3.15 7 7 7 65.35 U F
180 4.49 10 10 9 90.85 U F
181 3.99 10 10 8 92.8 U F
182 3.50 4 6 2 44.55 S F
183 4.42 9 8 8 81 S F
184 2.95 6 7 7 60.25 U F
185 5.35 10 9 9 86.6 U F
186 4.81 9 8 8 81.9 U F
187 4.58 10 8 9 87.45 U F
188 3.74 4 8 5 54.85 U F
189 3.37 8 8 10 87.35 S F
190 5.00 4 8 9 70.35 S F
191 4.14 7 9 8 78.35 U F
192 2.18 8 6 7 66.75 U F
193 5.56 10 10 10 95.35 P F
194 5.77 10 9 10 88.9 S F
195 4.00 6 8 7 72.15 S F
196 4.74 7 10 9 84.05 U F
197 4.53 10 10 10 90.45 U F
198 5.93 9 10 9 85.35 P F
199 4.28 7 8 7 73.3 S F
200 4.53 4 7 5 51.5 S F
201 4.51 10 9 10 89.35 P F
202 4.70 6 9 8 70.2 U F
203 4.42 6 9 7 72.1 S F
204 5.25 8 9 10 86.2 U F
205 3.62 7 6 9 66.95 S F
206 3.23 8 10 10 92.75 U F
207 5.84 9 10 10 95.2 U F
208 4.76 5 7 6 61.55 P F
209 7.00 10 10 10 94.8 U F
210 5.95 9 9 6 75.55 P F
211 5.12 9 10 9 91.05 P F
212 3.83 5 6 6 57.5 S F
213 5.81 9 10 10 87.1 S F
214 5.96 6 8 8 69.85 S F
215 3.15 7 9 8 76.15 U F
216 2.66 9 10 9 86.1 U F
217 4.16 9 10 9 87.75 P F
218 3.65 7 8 9 74.35 S F
219 5.65 10 10 10 98.75 S F
220 2.31 8 9 9 81.4 S F
221 4.06 6 7 6 58.8 S F
222 1.48 7 9 7 72.35 S F
223 2.80 7 7 4 56.95 S F
224 3.99 8 9 9 79.45 U

F

                                            

In: Statistics and Probability

revision question 5- For the forthcoming audit of Tom and Lee Limited the audit partner of...

revision question

5- For the forthcoming audit of Tom and Lee Limited the audit partner of Jack Lift Audits has set a low acceptable audit risk compared to last year.

The level of materiality the audit team will apply in the forthcoming audit will, therefore, be:

Select one:

a. Indeterminable as materiality is set by standard setters.

b. Higher compared to last year.

c. Lower compared to last year.

d. Unchanged from last year.

6- You are a member of the audit team of PBA Auditors, a major audit firm responsible for auditing Outback Hats Limited.

The audit partner during an audit team meeting stated that compared to past years the audit team will need to collect more evidence and do more work.

The audit partners of PBA Auditors had decided in an executive meeting the additional work load was needed because the audit partners wanted to lower the probability the audit team would not find a material misstatement.

The decision by the audit partners of PBA Auditors best represents a(n):

Select one:

a. Decrease in engagement risk.

b. Increase in inherent risk.

c. Decrease in detection risk.

d. Increase in detection risk.

7- Which of the following statements best describes a goal of the audit?

Select one:

a. Collect an insufficient amount of appropriate evidence at the least cost.

b. Collect a sufficient amount of inappropriate evidence at the least cost.

c. Collect a sufficient amount of appropriate evidence at the most cost.

d. Collect a sufficient amount of appropriate evidence at the least cost.v

8- Company policy requires that each credit sale above $10,000 requires approval of two department managers.

Examination of a sample of 200 credit sales in excess of $10,000 indicated that each transaction had been perfectly entered into the general journal and posted to the general ledger.

The audit team, however, found that from the sample 20 transactions had either been approved by only one department manager or no department manager.

This findings above suggest:

Select one:

a. Inherent risk is high and control risk is low.

b. Inherent risk is high and control risk is high.

c. Inherent risk is low and control risk is high.

d. Inherent risk is low and control risk is high.

In: Accounting

Stratford Company distributes a lightweight lawn chair that sells for $40 per unit. Variable expenses are...

Stratford Company distributes a lightweight lawn chair that sells for $40 per unit. Variable expenses are $10 per unit, and fixed expenses total $768,000 annually.

Required:

Answer the following independent questions:

1.

What is the product’s CM ratio?

    

2.

Use the CM ratio to determine the break-even point in sales dollars.

      

3.

The company estimates that sales will increase by $65,000 during the coming year due to increased demand. By how much should net operating income increase?

    

4.

Assume that the operating results for last year were as follows:

  Sales $ 1,280,000
  Less: Variable expenses 320,000
  Contribution margin 960,000
  Less: Fixed expenses 768,000
  Net operating income $ 192,000
a.

Compute the degree of operating leverage at the current level of sales. (Round your answer to 1 decimal place.)

           

b.

The president expects sales to increase by 40% next year. By how much should net operating income increase?

             

5-a.

Refer to the original data. Assume that the company sold 34,000 units last year. The sales manager is convinced that a 15% reduction in the selling price, combined with a $136,000 increase in advertising expenditures, would increase annual unit sales by 40%. Prepare two contribution format income statements: one showing the results of last year’s operations, and one showing what the results of operations would be if these changes were made. (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.)

      

5-b. Would you recommend that the company do as the sales manager suggests?
Yes
No
6.

Refer to the original data. Assume again that the company sold 34,000 units last year. The president feels that it would be unwise to change the selling price. Instead, he wants to increase the sales commission by $2 per unit. He thinks that this move, combined with some increase in advertising, would double annual unit sales. By how much could advertising be increased with profits remaining unchanged?

    

In: Accounting

Use the given data set to complete parts? (a) through? (c) below.? (Use alphaequals?0.05.) x 10...

Use the given data set to complete parts? (a) through? (c) below.? (Use alphaequals?0.05.) x 10 8 13 9 11 14 6 4 12 7 5 y 9.14 8.14 8.75 8.77 9.26 8.11 6.13 3.09 9.12 7.26 4.74 LOADING... Click here to view a table of critical values for the correlation coefficient. a. Construct a scatterplot. Choose the correct graph below. A. 0 4 8 12 16 0 2 4 6 8 10 x y A scatterplot has a horizontal x-scale from 0 to 16 in increments of 2 and a vertical y-scale from 0 to 10 in increments of 1. Eleven points are plotted with approximate coordinates as follows: (4, 1); (5, 1.4); (6, 1.6); (7, 2); (8, 2.4); (9, 3); (10, 3.6); (11, 4.2); (12, 4.8); (13, 6); (14, 8). B. 0 4 8 12 16 0 2 4 6 8 10 x y A scatterplot has a horizontal x-scale from 0 to 16 in increments of 2 and a vertical y-scale from 0 to 10 in increments of 1. Eleven points are plotted with approximate coordinates as follows: (4, 2); (5, 2.6); (6, 3); (7, 3.6); (8, 4); (9, 4.6); (10, 5); (11, 5.6); (12, 6); (13, 6.6); (14, 7). C. 0 4 8 12 16 0 2 4 6 8 10 x y A scatterplot has a horizontal x-scale from 0 to 16 in increments of 2 and a vertical y-scale from 0 to 10 in increments of 1. Eleven points are plotted with approximate coordinates as follows: (4, 3); (5, 4.8); (6, 6.2); (7, 7.2); (8, 8.2); (9, 8.8); (10, 9.2); (11, 9.2); (12, 9.2); (13, 8.8); (14, 8.2). D. 0 4 8 12 16 0 2 4 6 8 10 x y A scatterplot has a horizontal x-scale from 0 to 16 in increments of 2 and a vertical y-scale from 0 to 10 in increments of 1. Eleven points are plotted with approximate coordinates as follows: (4, 6); (5, 5.6); (6, 5); (7, 4.6); (8, 4); (9, 3.6); (10, 3); (11, 2.6); (12, 2); (13, 1.6); (14, 1). b. Find the linear correlation? coefficient, r, then determine whether there is sufficient evidence to support the claim of a linear correlation between the two variables. The linear correlation coefficient is requals nothing. ?(Round to three decimal places as? needed.) Using the linear correlation coefficient found in the previous? step, determine whether there is sufficient evidence to support the claim of a linear correlation between the two variables. Choose the correct answer below. A. There is insufficient evidence to support the claim of a nonlinear correlation between the two variables. B. There is sufficient evidence to support the claim of a nonlinear correlation between the two variables. C. There is insufficient evidence to support the claim of a linear correlation between the two variables. D. There is sufficient evidence to support the claim of a linear correlation between the two variables. c. Identify the feature of the data that would be missed if part? (b) was completed without constructing the scatterplot. Choose the correct answer below. A. The scatterplot reveals a distinct pattern that is a? straight-line pattern with negative slope. B. The scatterplot reveals a distinct pattern that is a? straight-line pattern with positive slope. C. The scatterplot does not reveal a distinct pattern. D. The scatterplot reveals a distinct pattern that is not a? straight-line pattern. Click to select your answer(s).

In: Statistics and Probability

The following independent situations occurred at the end of Year 2 and require an inventory report...

The following independent situations occurred at the end of Year 2 and require an inventory report in the year-end financial statements. The dollar amounts provided in the table below are on a per-unit basis. In Situation 5., assume that the company is applying IFRS.

Situation Historical cost Estimated selling price Cost of completion Cost of disposal Current replacement cost Normal profit margin
1. $60 $70 -- $5 $55 $7
2. $50 $80 $20 $6 $53 $3
3. $45 $44 $3 $2 $40 $4
4. $29 $40 $4 $6 $28 $5
5. $100 $110 $15 $5 $82 $5

Select from the option list provided the appropriate measurement attributes for reporting inventory in the year-end financial statements. Each choice may be used once, more than once, or not at all.

Situation Answer
1. The company accounts for its inventory using the LIFO method.
2. The company accounts for its inventory using the average-cost method.
3. The company accounts for its inventory using the FIFO method.
4. The company accounts for its inventory using the LIFO method.

5. (Under IFRS)

Answer Choices: ( Historical Cost, Net Realizable Value, Net Realizable Value minus Normal Profit Margin, Current Replacement Cost)

In: Accounting