Questions
19. Classify the following statement as an example of classical​ probability, empirical​ probability, or subjective probability....

19. Classify the following statement as an example of classical​ probability, empirical​ probability, or subjective probability. Explain your reasoning.

The probability that a randomly selected number from 1 to 400 is divisible by 6 is 0.165.

This is an example of ___ probability since ____.

18.Classify the following statement as an example of classical​ probability, empirical​ probability, or subjective probability. Explain your reasoning.

According to a​ survey, the probability that an adult chosen at random is in favor of a tax cut is about 0.49

This is an example of ___ ​probability, since ___.

17.Classify the following statement as an example of classical​ probability, empirical​ probability, or subjective probability. Explain your reasoning.

An analyst feels that a certain​ stock's probability of increasing in price over the next week is 0.66

This is an example of ___ ​probability, since___

16.Classify the following statement as an example of classical​ probability, empirical​ probability, or subjective probability. Explain your reasoning.

The probability of choosing 6 numbers from 1 to 58 that match the 6 numbers drawn by a certain lottery is 1/40,475358 ≈0.00000002

This is an example of ___ ​probability, since ___

15.Classify the following statement as an example of classical​ probability, empirical​ probability, or subjective probability. Explain your reasoning.

According to company​ records, the probability that a washing machine will need repairs during a ten​-year period is 0.09.

This is an example of ___ ​probability, since____

In: Statistics and Probability

On 31 December 2018 the following extract was taken from the balance sheet of BBD. Non-Current...

On 31 December 2018 the following extract was taken from the balance sheet of BBD.

Non-Current Assets

Cost

Accumulated depreciation

NBV

K

K

K

Equipment

60 000

24 000

36 000

Office Computers

8 000

5 600

2 400

Total

68 000

29 600

38 400

The following transactions took place during the year ended 31 December 2019:

  1. On 31 May 2019, equipment purchased on 1 August 2016, at a cost of K28 000, was sold for K10 000. Payment was received by cheque.
  2. On 1 June 2019, new equipment was purchased at a cost of K35 000.
  3. On 20 June 2019, office computers were purchased for K600.

BBD has the following depreciation policy:

  • Equipment is depreciated at the rate of 20% per annum using the straight-line method.
  • Office computers are depreciated at the rate of 25% per annum using the diminishing (reducing) balance method.
  • A full year’s depreciation is charged on equipment and office computers in the year of purchase.
  • No depreciation is charged on equipment in the year of sale.

Required:

  1. Prepare the following ledger accounts for the year ended 31 December 2019:
  1. Provision for depreciation of equipment account                               
  2. Equipment disposal account                                                              
  1. Calculate the Net Book Value (NBV) of Equipment and Office Computers as at 31 December 2019.                                                                                            

In: Accounting

1.     Define the terms molecular formula and empirical formula and give an example to illustrate.  ...

1.     Define the terms molecular formula and empirical formula and give an example to illustrate.
 


 

2.     You are given a magnesium ribbon weighing 0.042 g. You perform a combustion reaction to synthesize magnesium oxide yielding a final product mass of 0.070 g.  What is the empirical formula of the metal oxide?  (Show all work.)

In: Chemistry

Use the Housing Interest Rate database (see DATA at bottom of this question) In this part...

Use the Housing Interest Rate database (see DATA at bottom of this question)

In this part using Housing Interest Rate database, the objective is to compare the variation in the FIXED_RATE between two periods; before 2000 and after year 2000.

  • i) Using descriptive statistics measures to interpret the shape of FIXED_RATE variable, calculate any outlier(s) finally verify whether if the empirical rule applies to the FIXED_RATE distribution.  Use an appropriate graph to confirm your findings.
  • ii) Use a random generating procedure to draw a random sample of size 80 with respect to the “before and after year 2000 “factor.  Indicate which sampling method you used.  Using your sample data, calculate which period shows more variation in the FIXED_RATE.  Using the sample data, what is the   sampling error of FIXED_RATE?



I WILL GIVE YOU THUMBS UP AND EXCELLENT REVIEWS FOR HELP/GUIDANCE WITH THIS. ANY HELP WILL BE GREATLY APPRECIATED! THANK YOU!

DATA:

YEAR MONTH FIXED_RATE% STARTS in $100 # Houses SOLD
1990 1 9.81 1551 45
1990 2 9.97 1437 50
1990 3 10.03 1289 58
1990 4 10.14 1248 52
1990 5 10.22 1212 50
1990 6 10.21 1177 50
1990 7 10.2 1171 46
1990 8 9.99 1115 46
1990 9 9.99 1110 38
1990 10 10.06 1014 37
1990 11 10.11 1145 34
1990 12 9.87 969 29
1991 1 9.75 798 30
1991 2 9.62 965 40
1991 3 9.45 921 51
1991 4 9.47 1001 50
1991 5 9.52 996 47
1991 6 9.49 1036 47
1991 7 9.49 1063 43
1991 8 9.52 1049 46
1991 9 9.33 1015 37
1991 10 9.1 1079 41
1991 11 8.77 1103 39
1991 12 8.58 1079 36
1992 1 8.35 1176 48
1992 2 8.46 1250 55
1992 3 8.65 1297 56
1992 4 8.71 1099 53
1992 5 8.68 1214 52
1992 6 8.52 1145 53
1992 7 8.28 1139 52
1992 8 8.09 1226 56
1992 9 7.92 1186 51
1992 10 7.92 1244 48
1992 11 8.06 1214 42
1992 12 8.18 1227 42
1993 1 8.08 1210 44
1993 2 7.86 1210 50
1993 3 7.67 1083 60
1993 4 7.56 1258 66
1993 5 7.48 1260 58
1993 6 7.48 1280 59
1993 7 7.34 1254 55
1993 8 7.24 1300 57
1993 9 7.08 1343 57
1993 10 6.93 1392 56
1993 11 6.99 1376 53
1993 12 7.2 1533 51
1994 1 7.19 1272 46
1994 2 7.14 1337 58
1994 3 7.32 1564 74
1994 4 7.68 1465 65
1994 5 8.15 1526 65
1994 6 8.33 1409 55
1994 7 8.36 1439 52
1994 8 8.5 1450 59
1994 9 8.5 1474 54
1994 10 8.64 1450 57
1994 11 8.79 1511 45
1994 12 8.9 1455 40
1995 1 9.06 1407 47
1995 2 8.96 1316 47
1995 3 8.82 1249 60
1995 4 8.6 1267 58
1995 5 8.3 1314 63
1995 6 7.88 1281 64
1995 7 7.76 1461 64
1995 8 7.88 1416 63
1995 9 7.82 1369 54
1995 10 7.71 1369 54
1995 11 7.63 1452 46
1995 12 7.51 1431 45
1996 1 7.28 1467 54
1996 2 7.24 1491 68
1996 3 7.47 1424 70
1996 4 7.82 1516 70
1996 5 8.05 1504 69
1996 6 8.17 1467 65
1996 7 8.27 1472 66
1996 8 8.19 1557 73
1996 9 8.2 1475 62
1996 10 8.12 1392 56
1996 11 7.92 1489 54
1996 12 7.77 1370 51
1997 1 7.87 1355 61
1997 2 7.87 1486 69
1997 3 7.91 1457 81
1997 4 8.1 1492 70
1997 5 8.14 1442 71
1997 6 8 1494 71
1997 7 7.79 1437 69
1997 8 7.69 1390 72
1997 9 7.69 1546 67
1997 10 7.57 1520 62
1997 11 7.5 1510 61
1997 12 7.41 1566 51
1998 1 7.24 1525 64
1998 2 7.19 1584 75
1998 3 7.19 1567 81
1998 4 7.21 1540 82
1998 5 7.21 1536 82
1998 6 7.2 1641 83
1998 7 7.13 1698 75
1998 8 7.09 1614 75
1998 9 6.97 1582 68
1998 10 6.82 1715 69
1998 11 6.85 1660 70
1998 12 6.88 1792 61
1999 1 6.89 1748 67
1999 2 6.92 1670 76
1999 3 7.01 1710 84
1999 4 7.05 1553 86
1999 5 7.09 1611 80
1999 6 7.34 1559 82
1999 7 7.59 1669 78
1999 8 7.79 1648 78
1999 9 7.87 1635 65
1999 10 7.87 1608 67
1999 11 7.87 1648 61
1999 12 7.9 1708 57
2000 1 8.08 1636 67
2000 2 8.27 1737 78
2000 3 8.31 1604 88
2000 4 8.27 1626 78
2000 5 8.35 1575 77
2000 6 8.43 1559 71
2000 7 8.29 1463 76
2000 8 8.16 1541 73
2000 9 8.03 1507 70
2000 10 7.95 1549 71
2000 11 7.85 1551 63
2000 12 7.68 1532 65
2001 1 7.31 1600 72
2001 2 7.13 1625 85
2001 3 7.06 1590 94
2001 4 7.09 1649 84
2001 5 7.18 1605 80
2001 6 7.21 1636 79
2001 7 7.21 1670 76
2001 8 7.13 1567 74
2001 9 6.97 1562 66
2001 10 6.76 1540 66
2001 11 6.67 1602 67
2001 12 6.89 1568 66
2002 1 7.02 1698 66
2002 2 6.98 1829 84
2002 3 6.98 1642 90
2002 4 7.11 1592 86
2002 5 6.99 1764 88
2002 6 6.87 1717 84
2002 7 6.72 1655 82
2002 8 6.53 1633 90
2002 9 6.36 1804 82
2002 10 6.23 1648 77
2002 11 6.2 1753 73
2002 12 6.21 1788 70
2003 1 6.09 1853 76
2003 2 6.02 1629 82
2003 3 5.9 1726 98
2003 4 5.9 1643 91
2003 5 5.74 1751 101
2003 6 5.5 1867 107
2003 7 5.53 1897 99
2003 8 5.88 1833 105
2003 9 6.19 1939 90
2003 10 6.05 1967 88
2003 11 6.06 2083 76
2003 12 6 2057 75
2004 1 5.92 1927 89
2004 2 5.85 1852 102
2004 3 5.71 2007 123
2004 4 5.72 1968 109
2004 5 6.07 1974 115
2004 6 6.25 1827 105
2004 7 6.26 1986 96
2004 8 6.1 2025 102
2004 9 5.9 1912 94
2004 10 5.91 2062 101
2004 11 5.89 1807 84
2004 12 5.9 2050 83
2005 1 5.9 2188 92
2005 2 5.9 2228 109
2005 3 5.98 1836 128
2005 4 6.09 2038 122

In: Statistics and Probability

On December 31, 2017, Monty Inc. has a machine with a book value of $996,400. The...

On December 31, 2017, Monty Inc. has a machine with a book value of $996,400. The original cost and related accumulated depreciation at this date are as follows.

Machine

$1,378,000

Less: Accumulated depreciation

381,600

Book value

$996,400


Depreciation is computed at $63,600 per year on a straight-line basis.

Presented below is a set of independent situations. For each independent situation, indicate the journal entry to be made to record the transaction. Make sure that depreciation entries are made to update the book value of the machine prior to its disposal.

1- A fire completely destroys the machine on August 31, 2018. An insurance settlement of $455,800 was received for this casualty. Assume the settlement was received immediately. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

2- On April 1, 2018, Monty sold the machine for $1,102,400 to Dwight Yoakam Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

3- On July 31, 2018, the company donated this machine to the Mountain King City Council. The fair value of the machine at the time of the donation was estimated to be $1,166,000. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

In: Accounting

On December 31, 2017, Culver Inc. has a machine with a book value of $1,165,600. The...

On December 31, 2017, Culver Inc. has a machine with a book value of $1,165,600. The original cost and related accumulated depreciation at this date are as follows.

Machine

$1,612,000

Less: Accumulated depreciation

446,400

Book value

$1,165,600


Depreciation is computed at $74,400 per year on a straight-line basis.

Presented below is a set of independent situations. For each independent situation, indicate the journal entry to be made to record the transaction. Make sure that depreciation entries are made to update the book value of the machine prior to its disposal.

A fire completely destroys the machine on August 31, 2018. An insurance settlement of $533,200 was received for this casualty. Assume the settlement was received immediately. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

On April 1, 2018, Culver sold the machine for $1,289,600 to Dwight Yoakam Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

On July 31, 2018, the company donated this machine to the Mountain King City Council. The fair value of the machine at the time of the donation was estimated to be $1,364,000. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

In: Accounting

Interpret and explain the causes of healthcare data breaches Identify and summarize information regarding database threats....

  • Interpret and explain the causes of healthcare data breaches
  • Identify and summarize information regarding database threats.
  • Where can you find information about healthcare database threats?

In: Computer Science

Q1: Explain the different database structures in database management system (DBMS) Q2: What are the roles...

Q1: Explain the different database structures in database management system (DBMS)

Q2: What are the roles of OSI layers to transmit data from one computer to another computer?

In: Computer Science

On 1 January 2018, Entity P1 acquired the entire share capital of entity S1. The functional...

On 1 January 2018, Entity P1 acquired the entire share capital of entity S1. The functional currencies of entities S1 and P1 are US$ and S$ (also presentation currency of P1) respectively. The net assets of S1 on 1 January 2018 were US$1,340,000. The financial statements of entity S1 on 31 December 2018 are as follows:

Statement of financial position (in US$) As of 31 December 2018

Current Assets

Cash

40,000

Accounts receivable

780,000

Inventory

230,000

Fixed assets

Building

1,800,000

Equipment

600,000

Total Assets

3,450,000

Current liabilities

Accounts payable

530,000

Non-current liabilities

Loan payable

940,000

Shareholder's equity

Share capital

1,340,000

Retained earnings

640,000

Total liabilities and equity

3,450,000

Income Statement (in US$)

For year ended 31 December 2018

Sales revenue

6,600,000

Cost of goods sold

(5,400,000)

Gross profit

1,200,000

Operating expenses

(420,000)

Net profit before tax

780,000

Tax expense

(140,000)

Net income after tax

640,000

The US$/S$ exchange rates are as follows: 1 January 2018

1.42

31 December2018

1.48

Average for year 2018

1.45

Required

Prepare the translated 2018 financial statements of entity S1 in presentation currency.

In: Accounting

Subject: Database Design System and Management We have been introduced to the concept of Relational databases,...

Subject: Database Design System and Management

We have been introduced to the concept of Relational databases, SQL, Business rules, Centralized and Distributed database systems. Write 2/3 paragraph and discuss:

Q: How important are Relational Debase Management System in business operations and productivity? What is your level of comfort with this technology? How important are Logical database design and what was your favorite topic.?   

In: Computer Science