Questions
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

In a sample of 100 pigs from a large population the following gains in weight (kg)...

In a sample of 100 pigs from a large population the following gains in weight (kg) during a 50 day interval were recorded:
36 23 25 21 28 17 35 32 39 30
7 31 24 26 47 30 30 19 39 22
29 36 43 21 34 57 33 36 26 44
41 19 23 41 11 41 45 33 33 33
13 35 18 26 42 30 33 18 26 31
37 34 22 40 37 18 40 14 43 28
30 42 49 27 15 31 29 29 12 16
48 27 28 20 30 46 19 53 29 24
17 21 25 35 42 31 34 38 20 38
30 26 39 24 33 32 27 25 30 30

b. What's the prob of randomly selecting a pig that added at least 44kg to its weight during the test? How does this predicted number (predicted proportion/percent) compare with the actual number? *Hint: remember there are 100 total samples*

c. What's the probability that a pig would increase no less than 10kg and no more than 47kg?

d. Construct a 99% confidence interval for this data.

In: Math

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

An eating disorders clinic would like to evaluate the effectiveness of a mindfulness training program on...

An eating disorders clinic would like to evaluate the effectiveness of a mindfulness training program on binge eating disorder (BED). A psychologist was therefore hired to conduct a small study to examine the potential effect of mindfulness training on number of binges per month. The psychologist recruited 10 patients in the clinic to participate in a mindfulness training program and 12 patients in the clinic with similar demographics who do not participate in the mindfulness program. Afterward, all participants reported the number of binges from the previous month. The data are listed in the table below. The psychologist is not predicting a particular direction of the potential differences between the two groups and she sets the alpha level at .05 for the hypothesis test.

Mindfulness training

No mindfulness training

Subject ID #

# of binges

Subject ID #

# of binges

1

6

11

7

2

4

12

8

3

4

13

6

4

5

14

9

5

3

15

4

6

4

16

6

7

5

17

6

8

5

18

8

9

7

19

9

10

3

20

8

21

7

22

5

  1. a) Calculate standard deviation of the comparison distribution
  1. b) Calculate the t statistic
  1. c) Considering the research question and the hypotheses, should the test be one-tailed or two-tailed? Why?
  1. d) Determine the critical t value(s) for this hypothesis test based on the degree of freedom, from (d), and the preset alpha level.
  1. e) Compare the calculated t statistic with the critical t value by stating which is more “extreme”, and then make a decision about the hypothesis test by stating clearly “reject” or “fail to reject” the null hypothesis.

f) Calculate the pooled standard deviation for the populations and then use it to calculate the standardized effect size of this test.

In: Statistics and Probability

Bureau of Transportation Statistics. (2017). RANKING: Bureau of transportation statistics. airline performance - departures: Departures -...

Bureau of Transportation Statistics. (2017). RANKING: Bureau of transportation statistics. airline performance - departures: Departures - carrier delay (minutes), 2015. data-planet™ statistical datasets by conquest systems, inc. dataset-ID: 007-002-009 Data-Planet™ Statistical Datasets by Conquest Systems, Inc. doi:10.6068/DP15A2F1D8F5D91

This primary source encompasses the amount of time that was lost by domestic air carriers in 2015. The primary research question for this data set is "How much time is lost by U.S. Air carriers annually -by carrier?". The author obtained the data from inputs by individual airlines, submitted monthly, to the U.S. Department of Transportation. The conclusion is that there is a vast difference between airlines as to time lost by the carrier.

Santos, B. F., Wormer, M. M. E. C., Achola, T. A. O., & Curran, R. (2017). Airline delay management problem with airport capacity constraints and priority decisions. Journal of Air Transport Management, 63, 34-44. doi:10.1016/j.jairtraman.2017.05.003

This source discusses the issues with airline delays and the management of them. It also discusses the follow-on management activities that go on as the result of departure delays and discusses methods for reduction of delay related issues. The authors gathered data from other empirical research and peer-reviewed articles dealing in correlating data. Using an actual case study the authors conclude that there are many follow-on concerns to delayed flights. The mismanagement of correction activities can increase costs and even cause an increase in departure delays.

There are several research questions that stem from the two sources in regards to the research questions. First, I believe it would be important to ask the question, "what is the volume of flights per air carrier per day/month?". Second, "What is the average size of the flight (ASM) per aircraft by the carrier?". Third, I would ask the question, "What airports/populations centers are most affected, and why (environment, location, size of the airport)?". When trying to understand a problem such as this, simple number crunching, data analysis is not enough. The larger airlines could be running at a lower percentage of delay time per aircraft or could be skewed by one particular location due to unforeseen factors. It would be important to the research to understand every contributor and variable. From the second source, the main research question extending from the research is, "how much time delay is contributed to the management or mismanagement of activities designed to reduce further departure delays?". Additionally, I would ponder whether or not flight delays from one air carrier affect other carriers, especially at already congested airports.

I need a quick response to this discussion(exactly what is written here)?

In: Operations Management

Six jobs are to be processed through a two-step operation. The first operation involves sanding, and...

Six jobs are to be processed through a two-step operation. The first operation involves sanding, and the second involves painting. Processing times are as following table.

Job

Operation 1 (Hours)

Operation 2 (Hours)

A

10

5

B

7

4

C

5

7

D

3

8

E

2

6

F

4

3

  1. Determine the sequence that will minimize the total completion time for the jobs using Johnson’s rule.
  2. Illustrate graphically the throughput time and idle time at the two operations by constructing a time-phased chart.

In: Accounting

Flu 0-18 years 7 19-34 years 22 35-49 Years 40 50-64 Years 57 65 years or...

Flu
0-18 years 7
19-34 years 22
35-49 Years 40
50-64 Years 57
65 years or older 61
Total Cases 187

The age distribution has 20% of its citizens under the age of 18 and 13% over the age of 65.

Using this information, answer the following questions. Back up your conclusions with an appropriate test. To receive full credit, include the test statistic, p-value, expected counts and conclusion in plain English.

1. Does the age distribution statistically differ from the age distribution of the county?
2. Is there statistical evidence that people under the age of 18 are less affected?

In: Statistics and Probability

The current spot exchange rate is $1.55/€ and the three-month forward rate is $1.50/€. You enter...

The current spot exchange rate is $1.55/€ and the three-month forward rate is $1.50/€. You enter into a long position on €1,000. At maturity, the spot exchange rate is $1.40/€. How much have you made or lost? Group of answer choices +$100 -$100 -$50 +$50

In: Finance

We want to investigate now whether the average occupancy rate in May differs across the three...

We want to investigate now whether the average occupancy rate in May differs across the three regions.2.1 State the null and alternative hypotheses for the above research question.2.2 Conduct a Levene test for the homogeneity of the variances at the 10% level using the absolute deviations from the median. Make sure you state both the null and alternative hypotheses and the conclusions of your test.2.3 Test the null hypothesis in 1.1 at the 10% significance level.2.4 What can you conclude from the above test in 2.3? Explain the importance of the results in 2.2 for the procedure you performed in 2.3.

region id 1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3

OR_MAY
60
86
93
89
74
81
83
71
90
83
77
82
90
81
20
87
48
60
45
80
65
60
75
15
16
97
74
62
40
82
24
49
16
60
42
68
55
75
35
0
40
40
10
83
50
77
81
37
27
49
53
60
80
58
64
65
68
75
55
60
56
10
85
4
24
85
75
44
45
0
34
35
70
65
15
40
10
10
35
50
2
0
3
30
15
83
91
85
80
50
79
92
87
84
65
86
62
70
87
87
50
61
59
77
46
81
48
15
80
52
90
90
75
20
10
30
53
52
90
53
48
84
90
35
25
35
10
10
60
70
3
10
10
75
10

In: Statistics and Probability

We want to investigate now whether the average occupancy rate in May differs across the three...

We want to investigate now whether the average occupancy rate in May differs across the three regions.2.1 State the null and alternative hypotheses for the above research question.2.2 Conduct a Levene test for the homogeneity of the variances at the 10% level using the absolute deviations from the median. Make sure you state both the null and alternative hypotheses and the conclusions of your test.2.3 Test the null hypothesis in 2.1 at the 10% significance level.2.4 What can you conclude from the above test in 2.3? Explain the importance of the results in 2.2 for the procedure you performed in 2.3.

region id 1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,2,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3,3

OR_MAY
60
86
93
89
74
81
83
71
90
83
77
82
90
81
20
87
48
60
45
80
65
60
75
15
16
97
74
62
40
82
24
49
16
60
42
68
55
75
35
0
40
40
10
83
50
77
81
37
27
49
53
60
80
58
64
65
68
75
55
60
56
10
85
4
24
85
75
44
45
0
34
35
70
65
15
40
10
10
35
50
2
0
3
30
15
83
91
85
80
50
79
92
87
84
65
86
62
70
87
87
50
61
59
77
46
81
48
15
80
52
90
90
75
20
10
30
53
52
90
53
48
84
90
35
25
35
10
10
60
70
3
10
10
75
10

In: Statistics and Probability