A population mean is to be estimated from the sample described. Round your answer to one decimal place if necessary. Assume that all confidence intervals use a 95% confidence level.
Sample size = 100, sample mean = 48, sample standard deviation = 14
What is the margin of error?
|
a |
1.4 |
|
|
b |
2.8 |
|
|
c |
9.6 |
|
|
d |
0.3 |
Select the sample most representative of the population of interest.
A researcher wants to determine the status of the electorate one month before the presidential election.
|
a |
A group of 30 persons contacted by phone with the numbers randomly chosen numbers |
|
|
b |
A random group of 30 persons in the phone book |
|
|
c |
A group of 30 persons on the voter registration list |
|
|
d |
A group of 30 persons from church who voted in the last election |
State whether the actual data are discrete or continuous and explain why.
The temperatures in Manhattan at noon for each New Year's Day
|
a |
Continuous because the numbers can have any value within some range of values |
|
|
b |
Discrete because only counting numbers are used, and no values between the counting numbers are possible |
Apply the Empirical Rule to answer the question.
A bank's loan officer rates applicants for credit. The ratings are normally distributed with a mean of 200 and a standard deviation of 50. What percentage of the ratings will be between 200 and 300?
|
a |
34% |
|
|
b |
68% |
|
|
c |
95% |
|
|
d |
47.5% |
A study conducted at a certain college shows that 63% of the school's graduates find a job in their chosen field within a year after graduation. Find the probability that among 4 randomly selected graduates, at least one finds a job in his or her chosen field within a year of graduating.
|
a |
0.981 |
|
|
b |
0.909 |
|
|
c |
0.019 |
|
|
d |
0.830 |
population mean is to be estimated from the sample described. Round your answer to one decimal place if necessary. Assume that all confidence intervals use a 95% confidence level.
Sample size = 100, sample mean = 48, sample standard deviation = 14
What is the margin of error?
|
a |
1.4 |
|
|
b |
2.8 |
|
|
c |
9.6 |
|
|
d |
0.3 |
Select the sample most representative of the population of interest.
A researcher wants to determine the status of the electorate one month before the presidential election.
|
a |
A group of 30 persons contacted by phone with the numbers randomly chosen numbers |
|
|
b |
A random group of 30 persons in the phone book |
|
|
c |
A group of 30 persons on the voter registration list |
|
|
d |
A group of 30 persons from church who voted in the last election |
State whether the actual data are discrete or continuous and explain why.
The temperatures in Manhattan at noon for each New Year's Day
|
a |
Continuous because the numbers can have any value within some range of values |
|
|
b |
Discrete because only counting numbers are used, and no values between the counting numbers are possible |
Apply the Empirical Rule to answer the question.
A bank's loan officer rates applicants for credit. The ratings are normally distributed with a mean of 200 and a standard deviation of 50. What percentage of the ratings will be between 200 and 300?
|
a |
34% |
|
|
b |
68% |
|
|
c |
95% |
|
|
d |
47.5% |
A study conducted at a certain college shows that 63% of the school's graduates find a job in their chosen field within a year after graduation. Find the probability that among 4 randomly selected graduates, at least one finds a job in his or her chosen field within a year of graduating.
|
a |
0.981 |
|
|
b |
0.909 |
|
|
c |
0.019 |
|
|
d |
0.830 |
In: Statistics and Probability
Japenese Case Study #1
.
This case study is a composite of actual situations. Marianne, who is American, and Ken Shimizu, who is Japanese, have worked in Tokyo for over 30 years as Methodist missionaries. They have annual furloughs and occasional sabbaticals, during which they visit relatives and sponsoring organizations and engage in continuing education in the United States. They met as college students in the United States, and their three grown children have established their own careers in the United States.
Ken’s 98-year-old mother resides with Marianne and Ken. She is not Christian but has always been extremely supportive of Ken and Marianne’s work. Ken teaches at a large Christian university, whereas Marianne has served in various church-related positions over the years. As missionaries, they live in subsidized post–World War II housing near Ken’s university. Marianne has been a frugal housewife, preparing local foods in the Japanese style for her family.
Ken, who is nearly 60, recently learned that he has glaucoma. By the time it was discovered, he had lost a significant amount of peripheral vision. Although Marianne delivered all three children at a Christian hospital in Tokyo, she gets her annual physical examination when visiting relatives in the United States. She has never believed that the Japanese health system is as proactive as that in the United States. On her most recent visit to the United States, Marianne learned that she has hypertension. Her physician prescribed a medication that is readily available in Japan, but the physician was concerned about the level of stress in Marianne’s life. Mother Shimizu is quite confused and requires considerable care, but it is unthinkable for Ken, the only child, to put his mother in a long-term-care facility. Even if he would, the
quality of facilities in Japan leaves much to be desired. Most of the responsibility for Mother Shimizu falls on Marianne, in addition to her work. Marianne’s relatives are urging her to consider placing Mother Shimizu in a church-related life-care community near Marianne’s family in the United States, where Marianne and Ken would like to retire. Marianne’s own parents lived in this facility at the end of their lives. She is considering these issues as she returns to Tokyo.
1. Identify some of the cultural issues that may lead to conflict in this international family.
2. What are the family resources for this international family?
3. What factors within the Japanese health system may account for the late diagnosis of Ken’s glaucoma?
4. What practical issues might arise for the Shimizus if Mother Shimizu were placed in a long-term-care facility in the United States?
5. What dietary factors may contribute to Marianne’s hypertension?
6.In what ways might you consider Ken to be countercultural as a Japanese man? 7.What social pressures might Marianne have faced, given some of her choices, as a housewife in Japan? 8.What pressures will Ken likely experience as he considers how to meet the needs of both his mother and his wife? 9. Compare and contrast the fertility and mortality rates of Japan and the United States. 10.Do the traditional Japanese maintain sustained eye contact with strangers? Why or why not? 11.To which drugs might Japanese people have greater sensitivity than that of white ethnic populations? 12.How do most Japanese people meet their need for calcium?
In: Nursing
Logan B. Taylor is a widower whose wife, Sara, died on June 6, 2017. He lives at 4680 Dogwood Lane, Springfield, MO 65801. He is employed as a paralegal by a local law firm. During 2019, he had the following receipts:
| Salary | $ 80,000 | |||
| Interest income— | ||||
| Money market account at Omni Bank | $300 | |||
| Savings account at Boone State Bank | 1,100 | |||
| City of Springfield general purpose bonds | 3,000 | 4,400 | ||
| Inheritance from Daniel | 60,000 | |||
| Life insurance proceeds | 200,000 | |||
| Amount from sale of St. Louis lot | 80,000 | |||
| Proceeds from estate sale | 9,000 | |||
| Federal income tax refund (for 2018 tax overpayment) | 700 |
Logan inherited securities worth $60,000 from his uncle, Daniel, who died in 2019. Logan also was the designated beneficiary of an insurance policy on Daniel's life with a maturity value of $200,000. The lot in St. Louis was purchased on May 2, 2014, for $85,000 and held as an investment. Because the neighborhood has deteriorated, Logan decided to cut his losses and sold the lot on January 5, 2019, for $80,000. The estate sale consisted largely of items belonging to Sara and Daniel (e.g., camper, boat, furniture, and fishing and hunting equipment). Logan estimates that the property sold originally cost at least twice the $9,000 he received and has declined or stayed the same in value since Sara and Daniel died.
Logan's expenditures for 2019 include the following:
| Medical expenses (including $10,500 for dental) | $11,500 | |||
| Taxes— | ||||
| State of Missouri income tax (includes withholdings during 2019) | $4,200 | |||
| Property taxes on personal residence | 4,500 | 8,700 | ||
| Interest on home mortgage (Boone State Bank) | 5,600 | |||
| Contribution to church (paid pledges for 2019 and 2020) | 4,800 |
While Logan and his dependents are covered by his employer's health insurance policy, he is subject to a deductible, and dental care is not included. The $10,500 dental charge was for Helen's implants. Helen is Logan's widowed mother, who lives with him (see below). Logan normally pledges $2,400 ($200 per month) each year to his church. On December 5, 2019, upon the advice of his pastor, he prepaid his pledge for 2020.
Logan's household, all of whom he supports, includes the following:
| Social Security Number | Birth Date | |
| Logan Taylor (age 48) | 123-45-6787 | 08/30/1971 |
| Helen Taylor (age 70) | 123-45-6780 | 01/13/1949 |
| Asher Taylor (age 23) | 123-45-6783 | 07/18/1996 |
| Mia Taylor (age 22) | 123-45-6784 | 02/16/1997 |
Helen receives a modest Social Security benefit. Asher, a son, is a full-time student in dental school and earns $4,500 as a part-time dental assistant. Mia, a daughter, does not work and is engaged to be married.
Federal income tax of $4,500 was withheld from his wages.
Required:
Compute Logan's income tax for 2019. If Logan has any overpayment on his income tax, he wants the refund sent to him. Assume that the proper amounts of Social Security and Medicare taxes were withheld. Logan does not own and did not use any virtual currency during the year, and he does not want to contribute to the Presidential Election Campaign Fund.
Please complete a schedule A with answers on the actual form please.
In: Accounting
Logan B. Taylor is a widower whose wife, Sara, died on June 6, 2017. He lives at 4680 Dogwood Lane, Springfield, MO 65801. He is employed as a paralegal by a local law firm. During 2019, he had the following receipts:
| Salary | $ 80,000 | |||
| Interest income— | ||||
| Money market account at Omni Bank | $300 | |||
| Savings account at Boone State Bank | 1,100 | |||
| City of Springfield general purpose bonds | 3,000 | 4,400 | ||
| Inheritance from Daniel | 60,000 | |||
| Life insurance proceeds | 200,000 | |||
| Amount from sale of St. Louis lot | 80,000 | |||
| Proceeds from estate sale | 9,000 | |||
| Federal income tax refund (for 2018 tax overpayment) | 700 |
Logan inherited securities worth $60,000 from his uncle, Daniel, who died in 2019. Logan also was the designated beneficiary of an insurance policy on Daniel's life with a maturity value of $200,000. The lot in St. Louis was purchased on May 2, 2014, for $85,000 and held as an investment. Because the neighborhood has deteriorated, Logan decided to cut his losses and sold the lot on January 5, 2019, for $80,000. The estate sale consisted largely of items belonging to Sara and Daniel (e.g., camper, boat, furniture, and fishing and hunting equipment). Logan estimates that the property sold originally cost at least twice the $9,000 he received and has declined or stayed the same in value since Sara and Daniel died.
Logan's expenditures for 2019 include the following:
| Medical expenses (including $10,500 for dental) | $11,500 | |||
| Taxes— | ||||
| State of Missouri income tax (includes withholdings during 2019) | $4,200 | |||
| Property taxes on personal residence | 4,500 | 8,700 | ||
| Interest on home mortgage (Boone State Bank) | 5,600 | |||
| Contribution to church (paid pledges for 2019 and 2020) | 4,800 |
While Logan and his dependents are covered by his employer's health insurance policy, he is subject to a deductible, and dental care is not included. The $10,500 dental charge was for Helen's implants. Helen is Logan's widowed mother, who lives with him (see below). Logan normally pledges $2,400 ($200 per month) each year to his church. On December 5, 2019, upon the advice of his pastor, he prepaid his pledge for 2020.
Logan's household, all of whom he supports, includes the following:
| Social Security Number | Birth Date | |
| Logan Taylor (age 48) | 123-45-6787 | 08/30/1971 |
| Helen Taylor (age 70) | 123-45-6780 | 01/13/1949 |
| Asher Taylor (age 23) | 123-45-6783 | 07/18/1996 |
| Mia Taylor (age 22) | 123-45-6784 | 02/16/1997 |
Helen receives a modest Social Security benefit. Asher, a son, is a full-time student in dental school and earns $4,500 as a part-time dental assistant. Mia, a daughter, does not work and is engaged to be married.
Federal income tax of $4,500 was withheld from his wages.
Required:
Compute Logan's income tax for 2019. If Logan has any overpayment on his income tax, he wants the refund sent to him. Assume that the proper amounts of Social Security and Medicare taxes were withheld. Logan does not own and did not use any virtual currency during the year, and he does not want to contribute to the Presidential Election Campaign Fund.
Please Complete a 2019 1040 Form for this problem.
In: Accounting
Logan B. Taylor is a widower whose wife, Sara, died on June 6, 2017. He lives at 4680 Dogwood Lane, Springfield, MO 65801. He is employed as a paralegal by a local law firm. During 2019, he had the following receipts:
| Salary | $ 80,000 | |||
| Interest income— | ||||
| Money market account at Omni Bank | $300 | |||
| Savings account at Boone State Bank | 1,100 | |||
| City of Springfield general purpose bonds | 3,000 | 4,400 | ||
| Inheritance from Daniel | 60,000 | |||
| Life insurance proceeds | 200,000 | |||
| Amount from sale of St. Louis lot | 80,000 | |||
| Proceeds from estate sale | 9,000 | |||
| Federal income tax refund (for 2018 tax overpayment) | 700 |
Logan inherited securities worth $60,000 from his uncle, Daniel, who died in 2019. Logan also was the designated beneficiary of an insurance policy on Daniel's life with a maturity value of $200,000. The lot in St. Louis was purchased on May 2, 2014, for $85,000 and held as an investment. Because the neighborhood has deteriorated, Logan decided to cut his losses and sold the lot on January 5, 2019, for $80,000. The estate sale consisted largely of items belonging to Sara and Daniel (e.g., camper, boat, furniture, and fishing and hunting equipment). Logan estimates that the property sold originally cost at least twice the $9,000 he received and has declined or stayed the same in value since Sara and Daniel died.
Logan's expenditures for 2019 include the following:
| Medical expenses (including $10,500 for dental) | $11,500 | |||
| Taxes— | ||||
| State of Missouri income tax (includes withholdings during 2019) | $4,200 | |||
| Property taxes on personal residence | 4,500 | 8,700 | ||
| Interest on home mortgage (Boone State Bank) | 5,600 | |||
| Contribution to church (paid pledges for 2019 and 2020) | 4,800 |
While Logan and his dependents are covered by his employer's health insurance policy, he is subject to a deductible, and dental care is not included. The $10,500 dental charge was for Helen's implants. Helen is Logan's widowed mother, who lives with him (see below). Logan normally pledges $2,400 ($200 per month) each year to his church. On December 5, 2019, upon the advice of his pastor, he prepaid his pledge for 2020.
Logan's household, all of whom he supports, includes the following:
| Social Security Number | Birth Date | |
| Logan Taylor (age 48) | 123-45-6787 | 08/30/1971 |
| Helen Taylor (age 70) | 123-45-6780 | 01/13/1949 |
| Asher Taylor (age 23) | 123-45-6783 | 07/18/1996 |
| Mia Taylor (age 22) | 123-45-6784 | 02/16/1997 |
Helen receives a modest Social Security benefit. Asher, a son, is a full-time student in dental school and earns $4,500 as a part-time dental assistant. Mia, a daughter, does not work and is engaged to be married.
Federal income tax of $4,500 was withheld from his wages.
Required:
Compute Logan's income tax for 2019. If Logan has any overpayment on his income tax, he wants the refund sent to him. Assume that the proper amounts of Social Security and Medicare taxes were withheld. Logan does not own and did not use any virtual currency during the year, and he does not want to contribute to the Presidential Election Campaign Fund.
Please complete Form 8949 for this problem.
In: Accounting
In: Nursing
In: Finance
If you had to make the game of baseball more attractive for viewers and fans, what would you do, and what do you think will be the impact?
Case Study V Tracking Industry Changes
In: Finance
Which of the following would result in a decrease in bond prices?
Interest rates decrease. | |
Time passes and a discount bond moves closer to maturity. | |
The bond rating of a bond changes from BBB to C. |
In: Finance
Why would a security loss prevention manager choose to hire an outside firm to review security operations and make recommendations for changes as well as insurance options rather than conduct the study internally?
In: Operations Management