You are interested in finding a 90% confidence interval for the average commute that non-residential students have to their college. The data below show the number of commute miles for 11 randomly selected non-residential college students. Round answers to 3 decimal places where possible. 25 21 26 6 25 14 26 24 7 10 14 a. To compute the confidence interval use a distribution. b. With 90% confidence the population mean commute for non-residential college students is between and miles. c. If many groups of 11 randomly selected non-residential college students are surveyed, then a different confidence interval would be produced from each group. About percent of these confidence intervals will contain the true population mean number of commute miles and about percent will not contain the true population mean number of commute miles.
In: Statistics and Probability
Two types of consumers (boaters and non-boaters) share a community on the seaside. Boating accidents can be reduced by lighthouse services. The boaters combined inverse demand for the lighthouse is P = 60 − 6Q, and the non-boaters combined inverse demand is P = 20 − 2Q. The cost of providing lighthouse services to the community is TC = Q2.
a) Briefly explain why lighthouse services can be considered a public good.
b) Find the optimal provision of lighthouse services (use Samuelson condition).
c) Suppose that no government provides lighthouses. The boaters decide to produce lighthouse services on their own. How much would they produce?
d) Suppose the boaters produce the amount in your answer to part c), and then ask the non-boaters to contribute remainder to get the optimal amount you found in part b). What would the non-boaters say?
In: Economics
Assume the following sales data for a company:
| 2019 | $946000 |
| 2018 | 891100 |
| 2017 | 670000 |
If 2017 is the base year, what is the percentage increase in sales
from 2017 to 2018?
In: Accounting
I am trying to find the vertical income statement and balance sheet for target for 2018-2017
also the horizontal income statement and balance sheet for target 2018-2017
In: Accounting
On November 1, 2018, Gabriel received $8,400 for services to be rendered over the next 6 months and recorded it as Deferred Revenue. Record the adjusting entry at Dec. 31, 2018.
In: Accounting
-With respect to chromosome content, which of the following cells will be most similar to a cell that is about to enter S phase?
A cell that has just completed meiosis II.
A cell just after mitosis.
A cell just before mitosis.
A cell that has just completed meiosis I.
-State two ways meiosis generates genetic variability.
-If you cross a parent with attached earlobes (recessive trait) with one that has free earlobes (dominant trait), what are ALL of the possible offspring phenotypic ratios?
3 free earlobes: 1 attached earlobes only
1 free: 0 attached or 1 free: 1 attached
1 free: 0 attached only
1 free: 3 attached only
-If you cross a heterozygous tongue roller with another heterozygous tongue roller, what are all of the possible offspring phenotypic ratios. Note: The ability to tongue roll is dominant to lacking the ability.
3 roller: 1 non-roller
1 roller: 0 non-roller
1 roller: 3 non-roller
1 roller: 0 non-roller or 1 free: 1 non-roller
In: Biology
In 2019, the University of Alabama (UA) homecoming event took
place in Tuscaloosa from July 21 until July 24, 2019. People at the
event included UA Alumni, their families, and friends who did not
attend UA. Between August 3 and August 15, some of those who had
been present at the event became ill with a type of pneumonia. No
one attending the event had the disease before July 21, 2019. The
number of UA alumni and non-Alumni who acquired the illness between
August 3 and August 15, 2019, is shown in the table
below.
Had pneumonia
Yes No
Non-UA Alumni 50 750
UA Alumni 300 900
1) Compute the cumulative incidence of pneumonia among UA Alumni
Interpret the result
2) Compute the cumulative incidence of pneumonia among Non- Alumni
Interpret the result
3) Calculate the cumulative incidence ratio of pneumonia among UA Alumni compared to Non- Alumni
Interpret the result
4) Calculate the cumulative incidence difference of pneumonia among UA Alumni compared to Non- Alumni. (2pts)
Interpret the result
In: Statistics and Probability
For this question, a block is a sequence of 20 characters, where each character is one of the 26 lowercase letters a-z. For example, these are blocks:
iwpiybhunrplsovrowyt rpulxfsqrixjhrtjmcrr fxfpwdhwgxtdaqtmxmlf
Sanity check: The formula you get for 2.4 gives the answer to 2.2 when k=1 and gives the answer to 2.3 when k=2.
In: Advanced Math
Value- and Non-Value-Added Cost Reporting
Cicleta Manufacturing has four activities: receiving materials, assembly, expediting products, and storing goods. Receiving and assembly are necessary activities; expediting and storing goods are unnecessary. The following data pertain to the four activities for the year ending 2014 (actual price per unit of the activity driver is assumed to be equal to the standard price):
| Activity | Activity Driver | SQ | AQ | SP |
| Receiving | Receiving orders | 10,400 | 21,000 | $18 |
| Assembly | Labor hours | 87,000 | 105,000 | 13 |
| Expediting | Orders expedited | 0 | 7,000 | 43 |
| Storing | Number of units | 0 | 14,000 | 6 |
Required:
1. Prepare a cost report for the year ending 2014 that shows value-added costs, non-value-added costs, and total costs for each activity. If an amount is zero, enter "0".
| Cicleta Manufacturing | |||
| Value and Non-Value-Added Cost Report | |||
| For the Year Ended 2014 | |||
| Activity | Value-Added Costs | Non-Value-Added Costs | Total Costs |
| Receiving | $ | $ | $ |
| Assembly | |||
| Expediting | |||
| Storing | |||
| Total | $ | $ | $ |
2. Explain why expediting products and storing goods are non-value-added activities.
In: Accounting
Sandhill Corp., which uses IFRS, signs non-renewable,
non-cancellable lease agreement to lease robotic equipment from Xiu
Inc. The following information concerns the lease
agreement.
| Inception date | January 1, 2020 | |
| Lease term | 5 years | |
| Fair value of equipment Jan. 1, 2020 | $140,000 | |
| Economic life of leased equipment | 7 years | |
| Annual rental payments starting Jan. 1, 2020 | $23,829 | |
| Option to purchase at the end of the term | none | |
| Depreciation method | Straight-line | |
| Residual value | none | |
| Sandhill’s incremental borrowing rate | 6% |
Using (1) factor tables, (2) a financial calculator, or (3) Excel functions, calculate the amount of the right-of-use asset and lease liability.
| The amount of the right-of-use asset | $ |
Prepare the initial entry to reflect the signing of the lease
agreement. (Credit account titles are automatically
indented when the 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.)
|
Date |
Account Titles and Explanation |
Debit |
Credit |
|
Jan. 1, 2020 |
|||
Prepare an amortization schedule for the term of the lease to be
used by Sandhill. Use Excel. (Round answers to 0
decimal places, e.g. 5,275.)
| Sandhill Corp. Lease Amortization Schedule (Lessee) |
||||||||
| Date | Annual Payment |
Interest on Unpaid Liability |
Reduction of Lease Liability |
Balance of Lease Liability |
||||
| $ | ||||||||
| January 1, 2020 | $ | $ | ||||||
| January 1, 2021 | $ | |||||||
| January 1, 2022 | ||||||||
| January 1, 2023 | ||||||||
| January 1, 2024 | ||||||||
Prepare the journal entries on Sandhill Corp.’s books to record
the payments related to this lease for the years 2020 and 2021 as
well as any adjusting journal entries at its fiscal year ends of
December 31, 2020 and 2021. (Credit account titles are
automatically indented when the 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.)
|
Date |
Account Titles and Explanation |
Debit |
Credit |
|
Dec. 31, 2020 Jan. 1, 2021 Dec. 31, 2021 |
|||
| (To record depreciation) | |||
|
Dec. 31, 2020 Jan. 1, 2021 Dec. 31, 2021 |
|||
| (To record interest) | |||
|
Dec. 31, 2020 Jan. 1, 2021 Dec. 31, 2021 |
|||
|
Dec. 31, 2020Jan. 1, 2021Dec. 31, 2021 |
|||
| (To record depreciation) | |||
|
Dec. 31, 2020Jan. 1, 2021Dec. 31, 2021 |
|||
| (To record interest) |
In: Accounting