Al is a medical doctor who conducts his practice as a sole proprietor. During 2020, he received cash of $398,800 for medical services. Of the amount collected, $37,200 was for services provided in 2019. At the end of 2020, Al had accounts receivable of $88,000, all for services rendered in 2020. In addition, at the end of the year, Al received $11,000 as an advance payment from a health maintenance organization (HMO) for services to be rendered in 2021.

a. Compute Al's gross income for 2020 using the cash basis of accounting.
$-------

b. Compute Al's gross income for 2020 using the accrual basis of accounting.
$-------

c. Advise Al on which method of accounting he should use.

Al should use the (cash method/accrual method) of accounting so that he will not have to pay income taxes on the (uncollected accounts receivable/advance payment)  .

Students enrolled in an introductory statistics course at a university were asked to take a survey that indicated whether the student’s learning style was more visual or verbal. Each student received a numerical score ranging from -11 to +11. Negative scores indicated a visual learner, and positive scores indicated a verbal learner. The closer the score was to -11 or +11, the stronger the student’s inclination toward that learning style. A score of 0 would indicate neutrality between visual or verbal learning. For the 36 students who took the survey, the mean score was -2.744, and the standard deviation was 4.988.

1. State the null and alternative hypotheses for testing whether the mean score (among all students at this university) differs from 0.

2. Calculate the value of the t-test statistic for the hypotheses stated in question 1.

3. Determine the p-value of the test as accurately as possible.

4. Summarize the conclusion that you would draw from this test.

5. Comment on whether the technical conditions of this t-test are satisfied.

Students enrolled in an introductory statistics course at a university were asked to take a survey that indicated whether the student’s learning style was more visual or verbal. Each student received a numerical score ranging from -11 to +11. Negative scores indicated a visual learner, and positive scores indicated a verbal learner. The closer the score was to -11 or +11, the stronger the student’s inclination toward that learning style. A score of 0 would indicate neutrality between visual or verbal learning.  For the 39 students who took the survey, the mean score was -2.744, and the standard deviation was 4.988.

A. State the null and alternative hypotheses for testing whether the mean score (among all students at this university) differs from 0.

B. Calculate the value of the t-test statistic for the hypotheses stated in question 1.

C. Determine the p-value of the test as accurately as possible.

D. Summarize the conclusion that you would draw from this test.

E. Comment on whether the technical conditions of this t-test are satisfied.

Students enrolled in an introductory statistics course at a university were asked to take a survey that indicated whether the student’s learning style was more visual or verbal. Each student received a numerical score ranging from -11 to +11. Negative scores indicated a visual learner, and positive scores indicated a verbal learner. The closer the score was to -11 or +11, the stronger the student’s inclination toward that learning style. A score of 0 would indicate neutrality between visual or verbal learning.  For the 39 students who took the survey, the mean score was -2.744, and the standard deviation was 4.988.

A. State the null and alternative hypotheses for testing whether the mean score (among all students at this university) differs from 0.

B. Calculate the value of the t-test statistic for the hypotheses stated in question 1.

C. Determine the p-value of the test as accurately as possible.

D. Summarize the conclusion that you would draw from this test.

E. Comment on whether the technical conditions of this t-test are satisfied.

A survey sent to 483 university students found 597 of these students admitted to texting during class. Construct a 99% confidence interval for the proportion of all university students who text during class.

Apply Value Chain analysis to The University of Kansas Cancer Center

Identify potential The University of Kansas Cancer Center strengths or weaknesses

Identify organizational areas that may be enhanced with process improvement or investments

1) Explain where and how chatbots might be effective in Higher Education (feel free to focus on the University of Akron), and

2) How you would feel about the University using them in this manner.

According to the US Bureau of Labor Statistics, in the United States, the employment rate measures the number of people who have a job as a percentage of the working age population. In January 2020 the rate was 61.2%.

A) Recognizing that this is a binomial situation, give the meaning S and F in this context. That is, define what you will classify as a "success" S and what you will classify as a "failure" F as it refers to being employed.

B) Next, give the values of n, p, and q.

C) Construct the complete binomial probability distribution for this situation in a table.

D) Using your table, find the probability that exactly six working aged persons are employed.

E) Find the probability that at least 5 working aged persons are employed.

F) Find the probability that fewer than 6 working aged persons are employed.

G) Find the mean and standard deviation of this binomial probability distribution.

H) By writing a sentence, interpret the meaning of the mean value found in (G) as tied to the context of the percentage of working aged persons in the US.

I) Is it unusual to have 8 working aged persons in a group of 10 who are employed? Briefly explain your answer.

You are given the following information

Bond A has a price of $ 123.78, it matures on Jan-2030, its coupon rate is 3.78%, and it's AAA-rated

Bond B has a price of $ 117.34, it matures on Jan-2030, its coupon rate is3.65%and it's AA-rated

Bond C has a price of $ 119.22, it matures on Jan-2030, its coupon rate is 3.96%, and it's BBB-rated.

Bond D has a price of $ 129.3, it matures on Jan-2030, its coupon rate is 7.2%, and it's BB-rated.

US Bond X has a price of $ 110.25, it matures on June-2029, and its coupon rate is 1.78%

US Bond Y has a price of $ 111.27, it matures on July-2030, and its coupon rate is1.95%

a) Calculate the credit risk premium of each of the given rated bonds.

b)Let's say that you have to price a 10-year AAA-rated bond that is issued on Nov 30, 2020 – Calculate the coupon for the bond if you are given that the risk-free rate on that day will be 0.69% and that the credit premiums remained the same.

Note: all coupon rates are per annum with semi-annual compounding

According to the US Bureau of Labor Statistics, in the United States, the employment rate measures the number of people who have a job as a percentage of the working age population. In January 2020 the rate was 61.2%.

A) Recognizing that this is a binomial situation, give the meaning S and F in this context. That is, define what you will classify as a "success" S and what you will classify as a "failure" F as it refers to being employed.

B) Next, give the values of n, p, and q.

C) Construct the complete binomial probability distribution for this situation in a table.

D) Using your table, find the probability that exactly six working aged persons are employed.

E) Find the probability that at least 5 working aged persons are employed.

F) Find the probability that fewer than 6 working aged persons are employed.

G) Find the mean and standard deviation of this binomial probability distribution.

H) By writing a sentence, interpret the meaning of the mean value found in (G) as tied to the context of the percentage of working aged persons in the US.

I) Is it unusual to have 8 working aged persons in a group of 10 who are employed? Briefly explain your answer.