One of the items that businesses would like to be able to test is whether or not a change they make to their procedures is effective. Remember that when you create a hypothesis and then test it, you have to take into consideration that some variance between what you expect and what you collect as actual data is because of random chance. However, if the difference between what you expect and what you collect is large enough, you can more readily say that the variance is at least in part because of some other thing that you have done, such as a change in procedure.
For this submission, you will watch a video about the Chi-square test. This test looks for variations between expected and actual data and applies a relatively simple mathematical calculation to determine whether you are looking at random chance or if the variance can be attributed to a variable that you are testing for.
Imagine that a company wants to test whether it is a better idea to assign each sales representative to a defined territory or allow him or her to work without a defined territory. The company expects their sales reps to sell the same number of widgets each month, no matter where they work. The company creates a null and alternate hypothesis to test sales from defined territory sales versus open sales.
One of the best ways to test a hypothesis is through a Chi-square test of a null hypothesis. A null hypothesis looks for there to be no relationship between two items. Therefore, the company creates the following null hypothesis to test: There is no relationship between the amount of sales that a representative makes and the type of territory (defined or open) that a representative works in. The alternate hypothesis would be the following: There is a relationship between the kind of sales territory a sale representative has (defined or open) and the amount of sales he or she makes during a month.
Step 1:
Watch this video.
Step 2:
Use the following data to conduct a Chi-square test for each region of the company in the same manner you viewed in the video:
RegionExpected
Actual
Southeast
Defined
10098
Open
100104Northeast
Defined
150188
Open
150214Midwest
Defined
125120
Open
125108Pacific
Defined
200205
Open
200278
Step 3:
Write an 800â1,000-word essay, utilizing APA formatting, to discuss the following:
Describe why hypothesis testing is important to
businesses.
Report your findings from each Chi-square test that
you conducted.
Based solely on the Chi-square test, discuss whether
the company should accept the null hypothesis in each region or
reject it in favor of the alternate hypothesis.
Discuss any other statistical analyses you would want
the company to contemplate before deciding if it will go with a
defined or open sales strategy.
Describe and discuss at least 1 other business
scenario in which you believe Chi-square testing would be helpful
to a company
In: Statistics and Probability
PYTHON Question - An acrostic is a form of writing where a set letter of each line spells out a word or message. Often acrostics (especially poems) use the first letter to spell out their messages, but other âcolumnsâ in the text may be used.
For this lab, weâll create an acrostic reader. Given the poem and dream data, write a function called print_acrostic() that takes a list that contains two elements:
and prints the acrostic to the screen. For this lab, youâre only given two text sources, but you should write your code in such a way that it can handle an arbitrary number of text/column pairs. An example main() might look like this:
def main():
acrostics = [[POEM, 0], [DREAM, 3]]
for each in acrostics:
print(print_acrostic(each))
main()
The poem is a message from Northeastern and uses the first character of each line (index 0); the dream is a message from New York and uses the 4th character of each line.
For example, given POEM is this
POEM = "Intensive technologies
croon.\n\nLocal bandits lesson.\n" \
"Old notebooks emote.\nVideos
intersect.\n" \
... # etc.
The acrostic at position zero would spell out a phrase:
"I LOV..."
"Blank" lines created by two newline characters in a row (e.g.
'\n\n') represent a space between words in the phrase (which is why
the above example is "I LOV" rather than "ILOV"
POEM = "Intensive technologies croon.\n\nLocal bandits lesson.\n" \ "Old notebooks emote.\nVideos intersect.\n" \ "Early notebooks choreograph.\n\nAsynchronous modems search.\n" \ "Local desktops deliver.\nInteractive videos skill.\n" \ "Grain tablets clap.\nNew technologies cry.\n\n" \ "Commercial kits chant.\nSublingual tablets exalt.\n"
DREAM = "If tax payers tell their tale.\n" \ "Of heated victories against the tax man.\n" \ "A meeting with others who file late.\n\n" \ "There were many reasons to file early...\n" \ "Remembering what H&R Block said: 'Leave it to us!'\n" \ "Ford cars with ejection seats - is that a valid deduction?\n\n" \ "Peas and carrots, please - you barely ate dinner.\n" \ "Floors covered with peas - you couldn't eat them after all.\n" \ "Flux capacitors were science fiction - go back in time!\n\n" \ "Flow with this - the deadline is looming.\n" \ "Trails of paper litter your office.\n Follow the bouncing ball.\n" \ "Follow the rabbit.\n\n Full of ideas; you're distracted again.\n" \ "Scoops of ice cream await, finish the task!\n" \ "Alas, you'll need an extension.\n" \ "Rise up, go to bed - it's January and only a bad tax dream."
In: Computer Science
WEEK 3 STOCK JOURNAL
|
STOCKS |
1 |
2 |
3 |
|
Name |
Apple |
Amazon |
Accenture |
|
Reason for Selection |
I love the products of Apple. I have used its iPhone and iPad and I really like them. They are doing well and will continue to do in future as technology improves and penetration of handheld devices increases across the globe. |
I have brought some products on line using the platform of this company. My experience was good. Amazon has ousted Microsoft to become the largest company in terms of market capitalization recently. I am quite sure this company will do quite well as internet penetration improves across the globe. |
I have heard a lot about the management consulting. Technology and outsourcing platforms of Accenture. They have growth platforms quite relevant to the industry. Their advisory services to the client are excellent. The company is nearly debt free and has strong financials. |
|
Current Share Price ($), P |
152.29 |
1640.56 |
146.23 |
|
Amount Allocated ($), F |
8,000.00 |
10,000.00 |
7,000.00 |
|
No. of Shares, M = F / P |
52.53 |
6.10 |
47.87 |
|
Integral No. of Shares, N |
53.00 |
6.00 |
48.00 |
|
Funds Actually Invested ($) = N x P |
8,071.37 |
9,843.36 |
7,019.04 |
|
Total Funds Invested ($) |
24,933.77 |
(Sum of above three values close to 25,000 but not exactly 25,000) |
WEEK 8 STOCK JOURNAL
|
Stock |
Week 3 Price |
Investment Amount |
Nos. of Shares Bought |
Week 8 Price |
Investment Value in Week 8 |
Gain Loss |
|
$ / share |
$ |
Nos. |
$ |
|||
|
A |
B |
C = B / A |
D |
E = D x C |
F = E - B |
|
|
Accenture |
148 |
3,700 |
25 |
160 |
4,000 |
300 |
|
Amazon |
1,632 |
16,320 |
10 |
1,627 |
16,270 |
(50) |
|
Apple |
153 |
4,900 |
32 |
171 |
5,472 |
572 |
|
Total |
24,920 |
25,742 |
822 |
This is the week you have been waiting for â to see if you are walking home a âpretendâ millionaire, or whether you would be finding a side job to recoup your losses.
For Week 10, review your investment for the last time. You must:
In: Finance
Beacon Signals Company maintains and repairs warning lights, such as those found on radio towers and lighthouses. Beacon Signals Company prepared the following end-ofperiod spreadsheet at December 31, 2019, fiscal year:
| Beacon Signals Company | ||||||
| End-of-Period Spreadsheet | ||||||
| For the Year Ended December 31, 2019 | ||||||
| Unadjusted Trial Balance | Adjustments | Adjusted Trial Balance | ||||
| Account Title | Dr. | Cr. | Dr. | Cr. | Dr. | Cr. |
| Cash | 13,000.00 | 13,000.00 | ||||
| Accounts Receivable | 40,500.00 | (a) 12,500.00 | 53,000.00 | |||
| Prepaid Insurance | 4,200.00 | (b) 3,000.00 | 1,200.00 | |||
| Supplies | 3,000.00 | (c) 2,250.00 | 750.00 | |||
| Land | 98,000.00 | 98,000.00 | ||||
| Building | 500,000.00 | 500,000.00 | ||||
| Accumulated Depreciation-Building | 255,300.00 | (d) 9,000.00 | 264,300.00 | |||
| Equipment | 121,900.00 | 121,900.00 | ||||
| Accumulated Depreciation-Equipment | 100,100.00 | (e) 4,500.00 | 104,600.00 | |||
| Accounts Payable | 15,700.00 | 15,700.00 | ||||
| Salaries and Wages Payable | (f) 4,900.00 | 4,900.00 | ||||
| Unearned Rent | 2,100.00 | (g) 1,300.00 | 800.00 | |||
| Sarah Colin, Capital | 238,100.00 | 238,100.00 | ||||
| Sarah Colin, Drawing | 10,000.00 | 10,000.00 | ||||
| Fees Earned | 388,700.00 | (a) 12,500.00 | 401,200.00 | |||
| Rent Revenue | (g) 1,300.00 | 1,300.00 | ||||
| Salaries and Wages Expense | 163,100.00 | (f) 4,900.00 | 168,000.00 | |||
| Advertising Expense | 21,700.00 | 21,700.00 | ||||
| Utilities Expense | 11,400.00 | 11,400.00 | ||||
| Depreciation Expense-Building | (d) 9,000.00 | 9,000.00 | ||||
| Repairs Expense | 8,850.00 | 8,850.00 | ||||
| Depreciation Expense-Equipment | (e) 4,500.00 | 4,500.00 | ||||
| Insurance Expense | (b) 3,000.00 | 3,000.00 | ||||
| Supplies Expense | (c) 2,250.00 | 2,250.00 | ||||
| Miscellaneous Expense | 4,350.00 | 4,350.00 | ||||
| 1,000,000.00 | 1,000,000.00 | 37,450.00 | 37,450.00 | 1,030,900.00 | 1,030,900.00 | |
Required:
| 1. | Prepare an income statement for the year ended December 31. If a net loss has been incurred, enter that amount as a negative number using a minus sign. Be sure to complete the statement heading. Use the list of Labels and Amount Descriptions for the correct wording of text items other than account names. You will not need to enter colons (:) on the income statement. |
| 2. | Prepare a statement of ownerâs equity for the year ended December 31. No additional investments were made during the year. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Be sure to complete the statement heading. Use the list of Labels and Amount Descriptions for the correct wording of text items. |
| 3. | Prepare a balance sheet as of December 31. Fixed assets must be entered in order according to account number. Be sure to complete the statement heading. Use the list of Labels and Amount Descriptions for the correct wording of text items other than account names. You will not need to enter colons (:) or the word "Less" on the balance sheet; they will automatically insert where necessary. |
| 4. | Based upon the end-of-period spreadsheet, journalize the closing entries. Explanations should be omitted. If you are unsure of account titles, see the chart of accounts. |
| 5. |
Prepare a post-closing trial balance. |
In: Accounting
*****Using Java
1. There is a class called Wages. It should have one method: calculateWages. This method accepts from a user (1) an integer hourly rate and (2) an integer total number of hours worked in a week. It calculates and displays the total weekly wage of an employee. The company pays straight time for the first 40 hours worked by an employee and times and a half for all the hours worked in excess of 40. This class should do the above for exactly three employees.
2. There is the Java application called WagesTest. In its method main, it creates a new Wages object and calls its method, calculateWages.
Please understand the given Java source files and modify them (appropriately) for adding the following features. If you copy and paste the given code to a Notepad file, please make sure that there are no hidden special characters. You can also write your own code from scratch with the following features:
Do the following for exactly three employees:
You can assume that the user will key in a one-word name, such as Bill. Use the next() method, not the nextLine() method which is complicated and can mess things up.
âIs this employee (1) salaried or (2) paid by the hour (1 or 2 only): â
âPay for Employee <employee name received from #2 above> is <the amount calculated here>â
âPay for Employee <employee name received from #2 above> is <the amount calculated here>â
In: Computer Science
Hi Sir
Please I would that you revise the letter below.
Thank you
The following document may contain errors in grammar, capitalization, punctuation, abbreviation, number style, word division, and vocabulary.
TO: all.employees
SUBJECT: Health insuranceâChanges
Unlike many companies, Bright Manufacturing has always paid a hundred % of medical car insurance for itâs employees, absorbing the recent 10â20 percent annual cost increases in order to provide this important benefit. This year; Blue Cross gave us some terrible news: the cost increase for our employeeâs medical coverage would be a staggering fourty percent per month next year
To mange the increase and continue to offer you and your family highquality medical coverage we have negotiated several changes with Blue Cross; a new cost saving alternative is also being offered by us:
Under the Blue Cross Plus plan, copay amounts for office visits will be ten dollars next year/ $50 for emergency room visits. 80 % of employeesâ insurance coverage (including 10 percent of the cost increase) will be paid by Bright next year and 100 % of the prescription drug costs (including a 23 percent cost increase). The remaining twenty percent of medical coverage will be deducted by us monthly from your salary, if you choose to remain on a Blue Cross Plus plan. We realize this is alot, but its still less than many companies charge their employees.
A fully paid alternative health plan, Blue Cross HMO, will now be provided by Bright at no cost to employees. But be warned that there is a deadline. If you want to switch to this new plan you must do so during our open enrollment period, Nov. 20 to December 1, and we will not consider applications for the change after that time so donât get your forms in late.
There are forms available in the Human Resources office for changing your coverage. They must be returned between November 20 and December 1. If you wish to remain on a Blue Cross Plus policy, you do not need to notify us; payroll deductions for company employees on the plan will occur automatic beginning January first.
If you have questions, please call our new Medical Benefits Information line at ext. 3392. Our Intranet sight will also provide you easy with information about health care coverage online if you click the âMedical Benefitsâ icon. Since our founding in 1946, we have provided our company employees with the best medical coverage available. We all hate rising costs and although things are looking bleak for the future but weâre doing all we can do to hold on to this helpful benefit for you.
Lucinda Goodman, Benefits Mangr., Human resources
In: Accounting
The Common Requirements Of All Questions Are The Same. Read Each Question Carefully And Submit ... Question: The common requirements of all questions are the same. Read each question carefully and submit a ... The common requirements of all questions are the same. Read each question carefully and submit a query to fulfill for each question. Also, students need to submit the result of the corresponding query under the query. The query result should be copied and pasted as it is printed on the screen without any modification. If necessary, the column names appearing in the result should be converted appropriately using "AS" statement. Also, assignment has to be written with Microsoft Word for feedback. For technical issue, other formats, such as image, sql, are not appropriate to receive feedback and comments. Donât delete or change questions. You just need to insert both your TEXT query and captured screenshot result under your query.
1. Using SELECT statement with CHR function, || Operator, and referring ASCII table, print your FULL name, although the example shows your instructorâs first name only. Also, there should be a space between first and last name (10 points). Eg) SELECT CHR(67)||CHR(104)||CHR(114)||CHR(105)||CHR(115) from dual; ---------------------------------------- Chris
2. Show all columns from locations table. If value of postal_code column is null, then replace null values with âNo Postal Codeâ. If value of state_province column is null, then replace null values with âNo Stateâ. (10 points)
3. Calculate how many days the employees have been employed. You need to show hire_date, current date, and difference between hire_date and current date. (10 points) .
4.Using the NVL function, show the same results of the following select statement. (5 points) SELECT first_name, salary, commission_pct, NVL2(commission_pct, salary + salary * commission_pct, salary) compensation FROM employees WHERE first_name LIKE 'T%';
5. Using the CONCAT function, show the same results of the following select statement. (5 points) SELECT last_name || ', ' || first_name, department_id, job_id FROM employees WHERE department_id = 50 ORDER BY last_name, first_name;
This all the information given.
ACCOUNTS: CUST_NAME,ACC_OPEN_DATE, SALARY
BONUSES: EMPLOYEE_ID, BONUS
COUNTRIES: COUNTRY_ID, COUNTRY_NAME, REGION_ID
DBUSER: USER_ID, USERNAME, CREATED_BY, CREATED DATE
DEPARTMENTS: DEPARTMENT_ID, DEPARTMENT_NAME, MANAGER_ID, LOCATION_ID
EMPLOYEES: EMPLOYEE_ID, FIRST_NAME, LAST_NAME, EMAIL, PHONE_NUMBER, HIRE_DATE, JOB_ID, SALARY, COMMISION_PCT, MANAGER_ID, DEPARTMENT_ID
JOB_HISTORY: EMPLOYEE_ID, START_DATE, END_DATE, JOB_ID, DEPARTMENT_ID
JOBS: JOB_ID, JOB_TITLE, MIN_SALARY, MAX_SALARY
LOCATIONS: LOCATION_ID, STREET_ADDRESS, POSTAL_COSE, CITY, STATE_PROVINCE, COUNTRY_ID
ORDERS: ORDER_ID, ORDER_DATE,ORDER_MODE, CUSTOMER_ID, ORDER_STATUS, ORDER_TOTAL, SALES_REP_ID, PROMOTION_ID
REGIONS: REGION_ID, REGION_NAME
In: Computer Science
Complete the following questions. In addition to answering the items below, you must submit an analysis of the assignment. Analyze the specific outcomes and write an analysis directed toward the team at Coco Inc. describing what the numbers mean and how they relate to the business. Submit journal entries in an Excel file and written segments in an MS Word document. For written answers, please make sure your responses are well-written, formatted per CSU-Global Guide to Writing and APA and have proper citations, if applicable. Assume that the following facts pertain to a non-cancelable lease agreement between Coco Inc. and Bubs, Corp, a Lessee. Inception date January 1, 2017 Residual value of equipment at end of lease term, unguaranteed $50,000 Lease term 6 years Economic life of leased equipment 8 years Fair value of asset at January 1, 2017 $400,000 Lessorâs implicit rate 12% Lesseeâs incremental borrowing rate 10% The lessee assumes responsibility for all executory costs, which are expected to amount to $2,000 per year. The asset will revert to the lessor at the end of the lease term. The lessee uses the straight-line depreciation method for all equipment. Using the spreadsheet, Lease Amort Schedule found in the link below, prepare an amortization schedule that would be suitable for the lessee for the lease term. Using the spreadsheet Journal Entries, prepare the journal entries for the lessee for 2017 and 2018 to record the lease agreement and all expenses related to the lease. Assume the Lesseeâs annual accounting period ends on December 31 and that reversing entries are used when appropriate. Templets: Prepare the journal entries to record the following. Date Account Title Amount Amount Account Title Provide a one line explanation for the reason why the journal entry has been made. Date Account Title Amount Amount Account Title Provide a one line explanation for the reason why the journal entry has been made. Date Account Title Amount Amount Account Title Provide a one line explanation for the reason why the journal entry has been made. Date Account Title Amount Amount Account Title Provide a one line explanation for the reason why the journal entry has been made. Date Account Title Amount Amount Account Title Provide a one line explanation for the reason why the journal entry has been made. Date Account Title Amount Amount Account Title Provide a one line explanation for the reason why the journal entry has been made. Date Lease Payment Interest Expense Reduction of Lease Liability Balance of Lease Liability January 1 2014 $400,000 January 1 2014 January 1 2015 January 1 2015 January 1 2017 January 1 2018 January 1 2019 December 31 2019
In: Accounting
Next, explain the key elements in the growth stage that Dionysus should understand. (Based on a 'Case of Growing Pains')
When he first opened his own business, Dionysus loved it. He
went to work early in the
morning and did not leave until after 9.00P.M. To spend time with
his family, he would take off
a few hours in the afternoon and then return to the store after
supper, staying until closing
time. When he was away from the store in the late afternoon,
part-time personnel handled the
operation.
That was five years ago. Since then, Dionysusâs business has grown
tremendously. Now
he employs eight full-time people and sells seven times as much as
he did originally. With this
increase in business, however, have come a lot of headaches. In
particular, Dionysus has to
make many more decisions than he did before. Additionally, although
he wants to get his
employees involved in the decision-making process and not do all of
the work himself, he feels
he must do many tasks on his own. He does not believe he can
delegate much authority. For
example, Dionysus still makes all of the decisions regarding
purchasing, pricing, advertising,
hiring, and merchandise display, and he still sells goods in the
store.
Recently, Dionysus went to the doctor for his annual physical. The
doctor told him he
was working too hard and had to start slowing down. âYouâve been
running that store singlehanded for as long as I can remember,â the
doctor said. âYouâve got lots of help in the store.
Start relying on them to help you out.â
Dionysus did not disagree. The doctor offered good advice, and
Dionysus knows the has
to start delegating more authority and getting out of the actual
hustle-bustle of daily activity.
However, this worries him. A few months ago, he tried turning over
more work to his
employees and staying in the background. During that time, he
concerned himself with the
overall operation of the store and left the minor day-to-day
business to the staff. But Dionysus
was bored with this side of the operation. He wants to be
active-active role in the business, not
just to sit in the sidelines. Second, he wants to be in the
forefront of the action, like he always
has been.
Dionysus does not know how to resolve this dilemma. He would like
to maintain his level
of involvement at the shop but realizes that, for health reasons,
this is inadvisable. However, to
be a manager in the true sense of the word seems boring to
him.
Source: Adapted from Kuratko, D.F & Hornsby, J.S. (2009). âNew
Venture Management: The
Entrepreneurâs Roadmapâ. New Jersey: Pearson International
Edition.
In: Operations Management
Finally, recommend a way that Dionysus can implement the transactional process from entrepreneurial style to managerial style during the growth stage. (Based on a 'A Case of Growing Pains',)
When he first opened his own business, Dionysus loved it. He
went to work early in the
morning and did not leave until after 9.00P.M. To spend time with
his family, he would take off
a few hours in the afternoon and then return to the store after
supper, staying until closing
time. When he was away from the store in the late afternoon,
part-time personnel handled the
operation.
That was five years ago. Since then, Dionysusâs business has grown
tremendously. Now
he employs eight full-time people and sells seven times as much as
he did originally. With this
increase in business, however, have come a lot of headaches. In
particular, Dionysus has to
make many more decisions than he did before. Additionally, although
he wants to get his
employees involved in the decision-making process and not do all of
the work himself, he feels
he must do many tasks on his own. He does not believe he can
delegate much authority. For
example, Dionysus still makes all of the decisions regarding
purchasing, pricing, advertising,
hiring, and merchandise display, and he still sells goods in the
store.
Recently, Dionysus went to the doctor for his annual physical. The
doctor told him he
was working too hard and had to start slowing down. âYouâve been
running that store singlehanded for as long as I can remember,â the
doctor said. âYouâve got lots of help in the store.
Start relying on them to help you out.â
Dionysus did not disagree. The doctor offered good advice, and
Dionysus knows the has
to start delegating more authority and getting out of the actual
hustle-bustle of daily activity.
However, this worries him. A few months ago, he tried turning over
more work to his
employees and staying in the background. During that time, he
concerned himself with the
overall operation of the store and left the minor day-to-day
business to the staff. But Dionysus
was bored with this side of the operation. He wants to be
active-active role in the business, not
just to sit in the sidelines. Second, he wants to be in the
forefront of the action, like he always
has been.
Dionysus does not know how to resolve this dilemma. He would like
to maintain his level
of involvement at the shop but realizes that, for health reasons,
this is inadvisable. However, to
be a manager in the true sense of the word seems boring to
him.
Source: Adapted from Kuratko, D.F & Hornsby, J.S. (2009). âNew
Venture Management: The
Entrepreneurâs Roadmapâ. New Jersey: Pearson International
Edition.
In: Operations Management