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.
In: Statistics and Probability
Some transactions undertaken in 2018 by the country of Moyes
with the rest of the world are shown below. The currency of Moyes
is the Moyes marks-
BM
( i ) A French retail chain has imported 50,000 BM worth of wine
from Moyes. The goods were invoiced in euros.
( ii ) Citizens of Moyes spent 30,000 BM abroad on hotel bills and
20,000 BM on souvenir purchases.
( iii ) A British company sold a radar, worth 10,000 BM to the army
of Moyes. The radar was priced in pound sterling.
( iv ) As part of its portfolio diversification strategy, the
National Pension Fund of Moyes purchased 15,000 BM worth of shares
on the Tokyo Stock Exchange.
( v ) Bino Ltd received 25,000 BM worth of dividends from the
investments it holds in a US company
Required:
Classify in Debit/Credit form, these transactions as sub-components
of the current account or capital/ financial account.
In: Accounting
1. What is the purpose of medical ventilators for patients
2. What are the major components? How are they acquired? Where are they coming from? Supply side 7 layers deep
3.What is the assembly for the ventilators?
4. Is there a centralized distribution location
In: Operations Management
It is generally believed that the heights of adults males in the U.S. are approximately normally distributed with mean 70 inches (5 feet, 10 inches) and standard deviation 3 inches and that the heights of adult females in the U.S. are also approximately normally distributed with mean 64 inches (5 feet, 4 inches) and standard deviation 2.5 inches. A small university is considering custom ordering beds for their dorm rooms. Answer the following questions about the lengths of beds in dorm rooms at this university.
a) Should the university be concerned that females will not fit in the 75 inch beds? Numerically justify your answer.
b) The university decides it is too expensive to replace all the beds. Suppose the university has 2,150 beds all of which are 75 inches long. How many beds should they replace? You may assume that only those males taller than 75 inches will receive the longer beds and that females make up half of the population that will need a dorm room bed.
c) The university plans on ordering custom sized beds such that 99% of male students are expect to fit in them when lying perfectly straight. What length beds should they order? Round your answer to the nearest inch.
In: Statistics and Probability
It is generally believed that the heights of adults males in the U.S. are approximately normally distributed with mean 70 inches (5 feet, 10 inches) and standard deviation 3 inches and that the heights of adult females in the U.S. are also approximately normally distributed with mean 64 inches (5 feet, 4 inches) and standard deviation 2.5 inches. A small university is considering custom ordering beds for their dorm rooms. Answer the following questions about the lengths of beds in dorm rooms at this university.
a) Should the university be concerned that females will not fit in the 75 inch beds? Numerically justify your answer.
b) The university decides it is too expensive to replace all the beds. Suppose the university has 2,150 beds all of which are 75 inches long. How many beds should they replace? You may assume that only those males taller than 75 inches will receive the longer beds and that females make up half of the population that will need a dorm room bed.
c) The university plans on ordering custom sized beds such that 99% of male students are expect to fit in them when lying perfectly straight. What length beds should they order? Round your answer to the nearest inch.
In: Statistics and Probability
Using SHA 256 in Cryptool find the hash values (hash digests) for the following messages: (Show your work by capturing screen images)
In: Computer Science
In: Nursing
On January 1, 2020, Oriole Company makes the two following acquisitions.
| 1. | Purchases land having a fair value of $150,000 by issuing a 5-year, zero-interest-bearing promissory note in the face amount of $252,759. | |
| 2. | Purchases equipment by issuing a 6%, 9-year promissory note having a maturity value of $180,000 (interest payable annually). |
The company has to pay 11% interest for funds from its bank.
| (a) | Record the two journal entries that should be recorded by Oriole Company for the two purchases on January 1, 2020. | |
| (b) | Record the interest at the end of the first year on both notes using the effective-interest method. |
(Round present value factor calculations to 5 decimal
places, e.g. 1.25124 and the final answer to 0 decimal places e.g.
58,971. If no entry is required, select "No Entry" for the account
titles and enter 0 for the amounts. Credit account titles are
automatically indented when amount is entered. Do not indent
manually.)
|
No. |
Date |
Account Titles and Explanation |
Debit |
Credit |
|---|---|---|---|---|
| (a) 1. |
January 1, 2020 |
enter an account title to record the first purchase on January 1, 2017 |
enter a debit amount |
enter a credit amount |
|
enter an account title to record the first purchase on January 1, 2017 |
enter a debit amount |
enter a credit amount |
||
|
enter an account title to record the first purchase on January 1, 2017 |
enter a debit amount |
enter a credit amount |
||
| 2. |
January 1, 2020 |
enter an account title to record the second purchase on January 1, 2017 |
enter a debit amount |
enter a credit amount |
|
enter an account title to record the second purchase on January 1, 2017 |
enter a debit amount |
enter a credit amount |
||
|
enter an account title to record the second purchase on January 1, 2017 |
enter a debit amount |
enter a credit amount |
||
| (b) 1. |
December 31, 2020 |
to record the interest on the first note using the effective-interest method on December 31, 2017 |
enter a debit amount |
enter a credit amount |
|
to record the interest on the first note using the effective-interest method on December 31, 2017 |
enter a debit amount |
enter a credit amount |
||
| 2. |
December 31, 2020 |
to record the interest on the second note using the effective-interest method on December 31, 2017 |
enter a debit amount |
enter a credit amount |
|
to record the interest on the second note using the effective-interest method on December 31, 2017 |
enter a debit amount |
enter a credit amount |
||
|
to record the interest on the second note using the effective-interest method on December 31, 2017 |
enter a debit amount |
enter a credit amount |
PLEASE PROVIDE STEPS WITH EXPLANATION AND ANSWERS. THANK YOU!
In: Accounting
On January 1, 2020, M Company makes the two following acquisitions.
| 1. | Purchases land having a fair value of $290,000 by issuing a 5-year, zero-interest-bearing promissory note in the face amount of $467,048. | |
| 2. | Purchases equipment by issuing a 7%, 9-year promissory note having a maturity value of $450,000 (interest payable annually). |
The company has to pay 10% interest for funds from its bank.
| (a) | Record the two journal entries that should be recorded by M Company for the two purchases on January 1, 2020. | |
| (b) | Record the interest at the end of the first year on both notes using the effective-interest method. |
(Round present value factor calculations to 5 decimal
places, e.g. 1.25124 and the final answer to 0 decimal places e.g.
58,971. If no entry is required, select "No Entry" for the account
titles and enter 0 for the amounts. Credit account titles are
automatically indented when amount is entered. Do not indent
manually.)
|
No. |
Date |
Account Titles and Explanation |
Debit |
Credit |
|---|---|---|---|---|
| (a) 1. |
January 1, 2020 |
enter an account title to record the first purchase on January 1, 2017 | enter a debit amount | enter a credit amount |
| enter an account title to record the first purchase on January 1, 2017 | enter a debit amount | enter a credit amount | ||
| enter an account title to record the first purchase on January 1, 2017 | enter a debit amount | enter a credit amount | ||
| 2. |
January 1, 2020 |
enter an account title to record the second purchase on January 1, 2017 | enter a debit amount | enter a credit amount |
| enter an account title to record the second purchase on January 1, 2017 | enter a debit amount | enter a credit amount | ||
| enter an account title to record the second purchase on January 1, 2017 | enter a debit amount | enter a credit amount | ||
| (b) 1. |
December 31, 2020 |
to record the interest on the first note using the effective-interest method on December 31, 2017 | enter a debit amount | enter a credit amount |
| to record the interest on the first note using the effective-interest method on December 31, 2017 | enter a debit amount | enter a credit amount | ||
| 2. |
December 31, 2020 |
to record the interest on the second note using the effective-interest method on December 31, 2017 | enter a debit amount | enter a credit amount |
| to record the interest on the second note using the effective-interest method on December 31, 2017 | enter a debit amount | enter a credit amount | ||
| to record the interest on the second note using the effective-interest method on December 31, 2017 | enter a debit amount | enter a credit amount |
In: Accounting
On January 1, 2020, Shamrock Company makes the two following acquisitions.
| 1. | Purchases land having a fair value of $330,000 by issuing a 4-year, zero-interest-bearing promissory note in the face amount of $483,153. | |
| 2. | Purchases equipment by issuing a 6%, 9-year promissory note having a maturity value of $380,000 (interest payable annually). |
The company has to pay 10% interest for funds from its bank.
| (a) | Record the two journal entries that should be recorded by Shamrock Company for the two purchases on January 1, 2020. | |
| (b) | Record the interest at the end of the first year on both notes using the effective-interest method. |
(Round present value factor calculations to 5 decimal
places, e.g. 1.25124 and the final answer to 0 decimal places e.g.
58,971. If no entry is required, select "No Entry" for the account
titles and enter 0 for the amounts. Credit account titles are
automatically indented when amount is entered. Do not indent
manually.)
|
No. |
Date |
Account Titles and Explanation |
Debit |
Credit |
|---|---|---|---|---|
| (a) 1. |
January 1, 2020 |
enter an account title to record the first purchase on January 1, 2017 |
enter a debit amount |
enter a credit amount |
|
enter an account title to record the first purchase on January 1, 2017 |
enter a debit amount |
enter a credit amount |
||
|
enter an account title to record the first purchase on January 1, 2017 |
enter a debit amount |
enter a credit amount |
||
| 2. |
January 1, 2020 |
enter an account title to record the second purchase on January 1, 2017 |
enter a debit amount |
enter a credit amount |
|
enter an account title to record the second purchase on January 1, 2017 |
enter a debit amount |
enter a credit amount |
||
|
enter an account title to record the second purchase on January 1, 2017 |
enter a debit amount |
enter a credit amount |
||
| (b) 1. |
December 31, 2020 |
to record the interest on the first note using the effective-interest method on December 31, 2017 |
enter a debit amount |
enter a credit amount |
|
to record the interest on the first note using the effective-interest method on December 31, 2017 |
enter a debit amount |
enter a credit amount |
||
| 2. |
December 31, 2020 |
to record the interest on the second note using the effective-interest method on December 31, 2017 |
enter a debit amount |
enter a credit amount |
|
to record the interest on the second note using the effective-interest method on December 31, 2017 |
enter a debit amount |
enter a credit amount |
||
|
to record the interest on the second note using the effective-interest method on December 31, 2017 |
enter a debit amount |
enter a credit amount |
In: Accounting