1. Emily, Car, Stock Market, Sweepstakes, Vacation and Bayes.

Emily is taking Bayesian Analysis course. She believes she will get an A with probability 0.6, a B with probability 0.3, and a C or less with probability 0.1. At the end of semester, she will get a car as a present form her uncle depending on her class performance. For getting an A in the course Emily will get a car with probability 0.8, for B with probability 0.5, and for anything less than B, she will get a car with probability of 0.2. These are the probabilities if the market is bullish. If the market is bearish, the uncle is less likely to make expensive presents, and the above probabilities are 0.5, 0.3, and 0.1, respectively. The probabilities of bullish and bearish market are equal, 0.5 each. If Emily gets a car, she would travel to Redington Shores with probability 0.7, or stay on campus with probability 0.3. If she does not get a car, these two probabilities are 0.2 and 0.8, respectively. Independently, Emily may be a lucky winner of a sweepstake lottery for a free air ticket and vacation in hotel Sol at Redington Shores. The chance to win the sweepstake is 0.001, but if Emily wins, she will go to vacation with probability of 0.99, irrespective of what happened with the car.

After the semester was over you learned that Emily is at Redington Shores.

(a) What is the probability that she won the sweepstakes?

Note- after is says answer, those are the answer choices

Scenario:

Tracy Clark just recently completed her first year of full time work. She has no children, is not married, and is enrolled full time in college. Now she needs to complete the W-2 form. She has worked for a full year at the Happy Hotel. She earned a total of $22,000 this year. She knows from looking at her paycheck stubs that she had a total of $432 of federal income withheld. She also noted that she had $500 of social security tax as well as $332 of medicare tax withheld from her paycheck. With this knowledge help Tracy complete her W-2 form.

Directions:

Please complete the W2 form by answering the questions that follow.

1. Wages, tips and and other compensation: Answer 22,000 500 432 none
2. Federal Income Witheld: Answer 432 22,000 500 none 332
3. Social Security Wages: Answer 22,000 432 500 none 332
4. Social Security Tax Witheld: Answer 50043222,000 none 332
5. Medicare Wages and Tips: Answer 22,000 500432none332
6. Medicare Tax Witheld Answer 332 none50022,000432
7. Social Security Tips: Answer none 33243222,000500
8. Allocated Tips: Answer none 33243250020,000

Health promotion and illness prevention is a holistic role for nurses. Typically community or public health nurses assume these roles; however, these roles are also important for nurses in acute care settings and are achieved through the promotion of health or management of illness by providing client education, often during a client's stay and at discharge.

Read the following two articles to understand the roles of both acute care and community nurses.

Original Research: Implementation of an Early Mobility Program in an ICU. http://ezproxy.rasmussen.edu/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=rzh&AN=111298980&site=eds-live

Kulbok, P.A. Esther Thatcher, E. Eunhee Park, E., & Meszaros, P.S (2012). Evolving public health nursing roles: Focus on community participatory health promotion and prevention. http://ezproxy.rasmussen.edu/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=a9h&AN=76615164&site=eds-live

After reading the two articles, post the following:

What is the primary role and responsibilities of nurses in health promotion and illness prevention?

Are there any differences in the role and responsibilities if the nurse is working in
acute care or in the community?

Are there differences in process or outcomes for health promotion versus illness
prevention?

What do you think is needed for nurses to be successful, either with health promotion or illness prevention?

Fremont has struggled over recent years to keep downtown businesses thriving. Locals report that the inability to park anywhere other than at overpriced parking meters prevents them from shopping downtown. Last week, the city of Clarion reported that adding two new parking lots and decreasing the hourly parking rate in their downtown area increased the surrounding business revenue by 7% in the past year. Fremont and Clarion are similar in terms of population and sales tax rates. The Fremont city manager’s office is looking for ways to increase downtown revenue and asks the public for suggestions.

Q1) Which of the following is a likely suggestion the city manager’s office will receive from the public?

1. Fremont should reorganize downtown traffic into one-way streets
2. Fremont should increase available parking spaces downtown
3. Fremont should give tax breaks to downtown business owners
4. Fremont should add parking meters to increase revenue.

2) Which of the following is the purpose of editorial about downtown Fremont?

A.To encourance residents to shop in downtown Fremont

B.To engage residents in the discussion about increasing business revenue

C.To prevent residents from shopping in Clarion

D.To determine how residents feel about adding more parking downtown

The following is from an article in the “Overheard” section in the Wall Street Journal:

“Hi, I’m a Mac.”

“And I’m a PC.”

“I like to stay in those posh hotels with free coffee and 700-threadcount sheets.”

“I like to stay at Motel 6.”

That is the latest revelation about the great computing divide, courtesy of Orbitz Worldwide CEO Barney Harford. Touting his company’s ability to differentiate itself by slicing and dicing customer data; he let on that those booking hotel rooms using Apple computers pay on average $20 more a night. The explanation could be simple: Anyone who pays a 50% or so premium for a MAC has more money to begin with. Either that or they are the ideal consumer – the type who pays through the nose for a brand.

a.    All else equal, the data could suggest the demand for Mac computers has higher income elasticity than the demand for PCs.

b.    When the author writes MAC buyers will “pay through the nose for a brand”, he/she assumes the computers are close or perfect substitutes.

c.    If consumers will “pay through the nose for a brand”, the demand curve for branded products should be relatively inelastic compared to non-branded products.

d.    All of the above answers are correct.

e.    Only answers a. and b. are correct.

Indicate which governmental fund would most likely be used to record the following events and transactions:

A) debt service fund B) permanet fund C) general fund D) Special Revenue Fund E) Capital projects fund

A publicly traded company operating over 800 restaurants nationally and in 15 foreign countries with 34,000 employees with a reported gross revenue of $1.25 billion dollars is the subject of this action. This chain restaurant posted an internal announcement for a temporary summer position in its Park City, Utah resort location for employees in a nine state region. The position included company-provided housing and greater earnings. However, the announcement stated that only female employees would be considered because of concerns about housing employees of both genders together. The restaurant selected only women for those summer jobs. Two male employees were turned down for the opportunity. Please answer the following questions.

1) What federal law will the two male employees rely on in this action?

2) Can the two male employees bring an action in federal court immediately? If not, with what federal agency must they file a complaint first?

3) What is the statute of limitation of limitations on the filing of the complaint?

4) What doctrine will the male employees most likely use to prove discrimination and how will they go about proving it? How might the employer respond to or refute the allegations of discrimination?

5) How do you think the Court should rule and what is the basis for that ruling?

PROBLEM 1

Required:

Part 1: Complete a Balance Sheet and analyze using vertical and horizontal analysis. Then

answer a few questions regarding the absolute (dollar) changes.

Part 2: Complete a Summary Operating Statement (Income Statement) and analyze using

vertical and horizontal analysis.

Part 3: Complete a Statement of Cash Flows.

Part 1:

Below are the balance sheet accounts and balances for The Cougar Hotel for the years 20X7

and 20X8, please complete the following:

1.    Organize the information into the correct Balance Sheet Format. Proper format

includes:

a.    Headings

b.    Dates

c.     Subtotals/Totals

d.    Vertical Analysis

e.    Horizontal Analysis

20X7                  20X8

Accounts Payable                               100,000             500,000

Accounts Receivable                         500,000             100,000

Accumulated Depreciation          (7,000,000)     (12,000,000)

Building                                          20,000,000       25,000,000

Cash                                                      600,000             400,000

Common Stock                              20,000,000       25,000,000

Current Portion of Mortgage        1,250,000          1,250,000

Equipment                                     10,000,000       12,000,000

Goodwill                                           1,700,000          1,700,000

Inventory                                          1,000,000             200,000

Land                                                10,000,000       10,000,000

Long-term Bond Payable              2,000,000          2,000,000

Marketable Securities                       600,000             500,000

Mortgage                                       10,000,000          5,800,000

Prepaids                                               300,000             300,000

Restricted Cash                                  200,000             200,000

Retained Earnings                          4,250,000          3,700,000

Taxes Payable                                     300,000             150,000

Instructions:

Answer ALL questions in the examination booklet. You are required to show your workings unless stated otherwise.

QUESTION 1

1. What is the lowest z-value for the lowest 5% of observations on the standard normal distribution?

2. If we know that the length of time it takes a university student to find a parking space in the university car park follows a normal distribution with a mean of 3.5 minutes and a standard deviation of 1 minute, find the Interquartile Range (IQR) for a randomly selected university student finding a parking space.

3. The daily sales of a retail store are normally distributed with a standard deviation of $500. If the probability that sales will be more than $10,000 in any one day is 60%, what are the mean daily sales?

4. A drinks machine dispenses coffee into cups. A sign on the machine indicates that each cup contains 100ml of coffee. The machine actually dispenses a mean amount of 105ml per cup and 10% of the cups contain less than the amount stated on the sign. Assuming that the amount of coffee dispenses into each cup is normally distributed, find the standard deviation of the amount of coffee dispensed per cup in ml.

5. Given the following table of values, find, showing ALL workings:

1. The missing probability.                     

Wood Maker Ltd. incurred the following selected transactions during the month of April:

For each transaction, indicate (1) the basic type of account debited or credited (asset, liability, shareholders’ equity); (2) the specific account debited or credited; and (3) whether the specific account is increased or decreased to record this transaction. Use the following format.