Prior to graduation high-school class 0f 2000 was surveyed about their plans. The table below displays the results for white and minority students. (The “minority” group includes African-American, Asian, Hispanic, and Native-American students).
|
4-year college |
2-tear college |
Military |
Employment |
Other |
||
|
White Minority |
198 54 |
36 6 |
4 1 |
14 3 |
16 3 |
In: Statistics and Probability
In: Nursing
A K-12 school district needed to estimate the percent of current students who currently owned tablets or laptops to determine if their computer art classes would start assigning digital homework. For a long time, the percent of students with laptops/tablets has held steady at 45%, but the district now thinks that it might be higher than that due to significantly lower technology prices of late. A random sample of 970 current students in the district is selected. It is found that 53% of those in the sample had laptops/tablets. Run a test. 3) Answer the following a) Is this a “proportion of success” or a “means” problem? b) Write the hypotheses. Use proper notation, not words. c) What calculator function are you using? d) What p-value did you get?_________________ What do we compare this to?__________________
In: Statistics and Probability
Question 6
A high school math teacher believes that male and female students who graduated from the school perform equally well on SAT math test. She randomly chooses 10 male students and 10 female students who graduated from this school. The following are the SAT math scores of the 20 students:
Male: 23, 30, 27, 29, 22, 34, 36, 28, 28, 31
Female: 22, 33, 30, 28, 28, 31, 34, 25, 29, 21
Give a 95% confidence interval for the difference in the mean SAT math score between male and female students who graduated from this school.
Question 6 options:
|
-3.37 to 4.77 |
|
|
-2.18 to 6.01 |
|
|
-2,45 to 3.85 |
|
|
-0.34 to 7.61 |
Question 7
A survey asks this question "How long did you spend on shopping in the past week?" The responses (in hours) of 15 people are given below:
3, 0, 4, 1, 6, 1, 2, 4, 5, 2, 5, 4, 2, 5, 3
Find a 95% confidence interval for the mean number of hours people spent on shopping in the past week.
Question 7 options:
|
2.18 to 4.14 |
|
|
2.15 to 4.11 |
|
|
2.07 to 4.03 |
|
|
1.94 to 3.90 |
Question 8
A survey asks this question "How long did you spend on shopping in the past week?" The responses (in hours) of 15 people are given below:
3, 0, 4, 1, 6, 1, 2, 4, 5, 2, 5, 4, 2, 5, 3
Test the claim that the mean number of hours people spent on shopping in the past week is greater than 3 hours.
What is the p-value?
Question 8 options:
|
0.6128 |
|
|
0.7744 |
|
|
0.6635 |
|
|
0.3872 |
Question 9
Twelve students who were not satisfied with their ACT scores particiapted in an online 10-hour training program. The ACT scores before and after the training for the 12 students are given below:
| Student | Before | After |
|---|---|---|
| 1 | 23 | 27 |
| 2 | 25 | 26 |
| 3 | 27 | 31 |
| 4 | 30 | 32 |
| 5 | 24 | 26 |
| 6 | 25 | 24 |
| 7 | 27 | 31 |
| 8 | 26 | 28 |
| 9 | 28 | 30 |
| 10 | 22 | 25 |
| 11 | 20 | 24 |
| 12 | 29 | 32 |
Test a claim that the program is effective in improving a student’ ACT score.
What is the p-value?
Question 9 options:
|
Essentially 0 |
|
|
0.0325 |
|
|
0.0478 |
|
|
1.000 |
Question 10
A county environmental agency suspects that the fish in a particular polluted lake have elevated mercury level. To confirm that suspicion, five striped bass in that lake were caught and their tissues were tested for mercury. For the purpose of comparison, four striped bass in an unpolluted lake were also caught and tested. The fish tissue mercury levels in mg/kg are given below.
polluted: 0.580, 0.711, 0.571, 0.666, 0.598
unpolluted: 0.382, 0.276, 0.570, 0.366
Construct the 90% confidence interval for the difference in the population means based on these data.
Question 10 options:
|
0.05 to 0.40 |
|
|
0.08 to 0.37 |
|
|
0.10 to 0.35 |
|
|
0.04 to 0.41 |
In: Statistics and Probability
Wells Technical Institute (WTI), a school owned by Tristana Wells, provides training to individuals who pay tuition directly to the school. WTI also offers training to groups in off-site locations. Its unadjusted trial balance as of December 31, 2016, follows. WTI initially records prepaid expenses and unearned revenues in balance sheet accounts. Descriptions of items a through h that require adjusting entries on December 31, 2016, follow. Additional Information Items An analysis of WTI's insurance policies shows that $2,807 of coverage has expired. An inventory count shows that teaching supplies costing $2,433 are available at year-end 2016. Annual depreciation on the equipment is $11,227. Annual depreciation on the professional library is $5,614. On November 1, WTI agreed to do a special six-month course (starting immediately) for a client. The contract calls for a monthly fee of $2,700, and the client paid the first five months' fees in advance. When the cash was received, the Unearned Training Fees account was credited. The fee for the sixth month will be recorded when it is collected in 2017. On October 15, WTI agreed to teach a four-month class (beginning immediately) for an individual for $2,819 tuition per month payable at the end of the class. The class started on October 15, but no payment has yet been received. (WTI's accruals are applied to the nearest half-month; for example, October recognizes one-half month accrual.) WTI's two employees are paid weekly. As of the end of the year, two days' salaries have accrued at the rate of $100 per day for each employee. The balance in the Prepaid Rent account represents rent for December. WELLS TECHNICAL INSTITUTE Unadjusted Trial Balance December 31, 2016 Debit Credit Cash $ 26,944 Accounts receivable 0 Teaching supplies 10,362 Prepaid insurance 15,545 Prepaid rent 2,073 Professional library 31,088 Accumulated depreciation—Professional library $ 9,328 Equipment 72,533 Accumulated depreciation—Equipment 16,582 Accounts payable 35,202 Salaries payable 0 Unearned training fees 13,500 Common stock 13,182 Retained earnings 52,726 Dividends 41,452 Tuition fees earned 105,701 Training fees earned 39,379 Depreciation expense—Professional library 0 Depreciation expense—Equipment 0 Salaries expense 49,743 Insurance expense 0 Rent expense 22,803 Teaching supplies expense 0 Advertising expense 7,254 Utilities expense 5,803 Totals $ 285,600 $ 285,600 rev: 07_12_2016_QC_CS-55458, 09_26_2016_QC_CS-63134 Prepare an adjusted trial balance.
In: Accounting
Tom O'Neal always wanted to own his own business. When he was in high school, he worked evenings and most weekends at a neighborhood bicycle shop. When Tom went to college at the nearby State University, he still came home in the summers and worked at the bike shop. Upon graduation from college, with his accounting degree in hand, the sole proprietor (Steven Judson) of the bike shop invited Tom to become a full partner in the bike shop. Steven told Tom that he really wanted to grow the business and thought that Tom was just the person to help him do this. Tom decided to join Steven. Over time the business grew and they opened two more bike shops in neighboring cities. Sales increased to more than $3.5 million dollars during the past year and the three bike shops now employ 14 full time workers and another 6 part-time employees. Although Steven and Tom hired an accountant who was keeping their books for them and producing the financial statements each year, the partners thought they needed much more information to really run their business efficiently. They thought that they might need to make an investment in information technology to take their business to the next level.
a. Would you recommend that Steven and Tom consider an investment in IT?
b. Visit the websites of the vendors that offer the appropriate-sized software packages for this business. What are some of the features of possible software packages that Steven and Tom should consider?
c. Would you advise Steven and Tom to hire a consultant? Support your recommendation with appropriate research citations (e.g., business articles that offer this type of advice - what rationale do they give?)
In: Accounting
I remember being handed a white coat during my first year of medical school. It came crisply folded in a cellophane bag. I was told to wear it anytime we were in the hospital or with patients as a sign of respect.
There was no pomp about it. I took it home and tried it on. It was like putting on a costume and pretending to play doctor. The white coat continued to feel that way to me for a long time.
Over the years, the costume has become second nature and part of my clinical identity. I slip it on when I'm seeing patients, because when I've asked, most of them tell me they prefer it. The coat provides a mutual comfort to us both.
My, how times have changed. Now the vast majority of the nation's medical schools (along with more than 700 nursing schools and physician assistant programs) host special white coat ceremonies, in which new students are welcomed into their profession with a solemn ceremony invoking commitment to the healing arts. White coats are formally offered to students, and put on them by their school's leadership.
Article continues after sponsor message
These ceremonies present an opportunity for the students and their families to mark the beginning of health careers in an educational and professional crucible that will challenge their ideals, empathy and compassion. "The iconography, the ritual of holding up members of the profession in this time of change must be maintained," says Dr. Richard Levin, president and CEO of the Arnold P. Gold Foundation, whose mission is to promote and maintain humanism in health care.
Now in the role of medical educator myself, I find anything that helps students stay connected with their highest ideals valuable in imparting a sense of professionalism. That's why it's disconcerting to think that our white coats are being challenged as possible vectors of infection.
A group of doctors in the field of infectious diseases has begun to rally around a mantra of "bare below the elbows," suggesting that health professionals avoid wearing white coats altogether, as is the custom in the U.K.
It turns out we don't wash the things nearly enough.
In a piece titled "It's Time for Doctors to Hang up their White Coats for Good," Boston-based infectious diseases specialist Philip Lederer argues that white coats have outlived their usefulness, both as guardians of cleanliness and as symbols of the profession.
Studies demonstrate the presence of harmful bacteria on our white coats, though evidence of direct harm to patients is lacking.
"We don't need a randomized trial to prove that parachutes save lives," Lederer told me. He prefers wearing khakis and dress shirts with the sleeves rolled up; no tie. He mentioned other docs who favor vests for their pockets and warmth, a trend some hope will catch on. And while Lederer supports the idea of a humanism-themed ceremony to welcome students into the profession, he and others suggest that even as a symbol white coats are more of a barrier than a conduit to strong doctor-patient relationships.
Levin counters that with all of the changes in health care, people in the field feel a tremendous sense of dislocation. "The idea of taking away [professional status] rather than elevating it is a problem for health care," he said. But taking away the coats wouldn't necessarily be a blow, he said, pointing to a study that challenges the notion that white coats are fundamentally elitist.
The debate over white coats has forced me to consider my own practice. In the end, I think the issue is as much about generational change as it is about infection control. I'd give up my white coat instantly if I knew it was spreading harmful bacteria. But colonization with bacteria is different from transmitting them to another person.
Bacteria live on all of us, so are white coats necessarily worse than our other garments or even our own skin?
It's likely that this debate will continue, unless patients were to somehow come to consensus on what they want doctors to wear. And that's not likely to happen anytime soon.
Until then, I vow to wash my white coat more frequently.
1. Does the White Coat Ceremony give a false impression to the participants and the public that these students are now full-fledged physicians? Can you see where this might encourage elitism?
2. Rather than being initiated into a “patient-centered ethos” through the process of the ceremony as reported by the Arnold P. Gold Foundation (Wiley and Allen 2015:53), could these first year students be party to appropriation of a prestigious image they are totally ill equipped to claim at this point in their education? Can you identify how this might be harmful to both student and others?
3. Is the “coat” a case of elitism or something more ominous and mistakenly mundane like the spread of microorganisms to sick and sicker people?
4. Does this ceremony further cultivate a defining line between patient and power? Is the patient disadvantaged by the symbolic nature of the “white coat?”
In: Nursing
Wells Technical Institute (WTI), a school owned by Tristana Wells, provides training to individuals who pay tuition directly to the school. WTI also offers training to groups in off-site locations. Its unadjusted trial balance as of December 31, 2017, follows. WTI initially records prepaid expenses and unearned revenues in balance sheet accounts. Descriptions of items a through h that require adjusting entries on December 31, 2017, follow
Prepare the necessary adjusting journal entries for items
a through h. Assume that adjusting entries are
made only at year-end.
Answer is complete and correct.
| No | Transaction | General Journal | Debit | Credit |
|---|---|---|---|---|
| 1 | a. | Insurance expenseselected answer correct | 3,335selected answer correct | not attempted |
| Prepaid insuranceselected answer correct | not attempted | 3,335selected answer correct | ||
| 2 | b. | Teaching supplies expenseselected answer correct | 7,645selected answer correct | not attempted |
| Teaching suppliesselected answer correct | not attempted | 7,645selected answer correct | ||
| 3 | c. | Depreciation expense—Equipmentselected answer correct | 13,342selected answer correct | not attempted |
| Accumulated depreciation—Equipmentselected answer correct | not attempted | 13,342selected answer correct | ||
| 4 | d. | Depreciation expense—Professional libraryselected answer correct | 6,671selected answer correct | not attempted |
| Accumulated depreciation—Professional libraryselected answer correct | not attempted | 6,671selected answer correct | ||
| 5 | e. | Unearned training feesselected answer correct | 5,000selected answer correct | not attempted |
| Training fees earnedselected answer correct | not attempted | 5,000selected answer correct | ||
| 6 | f. | Accounts receivableselected answer correct | 10,153selected answer correct | not attempted |
| Tuition fees earnedselected answer correct | not attempted | 10,153selected answer correct | ||
| 7 | g. | Salaries expenseselected answer correct | 400selected answer correct | not attempted |
| Salaries payableselected answer correct | not attempted | 400selected answer correct | ||
| 8 | h. | Rent expenseselected answer correct | 2,108selected answer correct | not attempted |
| Prepaid rentselected answer correct | not attempted | 2,108selected answer correct |
2-a. Post the balance from the unadjusted trial balance and the
adjusting entries in to the T-accounts.
2-b. Prepare an adjusted trial balance.
Post the balance from the unadjusted trial balance and the adjusting entries in to the T-accounts.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In: Accounting
James v Meow Media, Inc 2002: James was a high school student killed by another student who played violent video games made by the defendant. The killer had been infatuated with 'first person shooter' games and it was the deceased family's argument that the video game made the him more likely to play out his fantasy by killing their son. James’ family sued the video game manufacturer, Meow Media, for negligence.
Meow prevailed based, in part, on the conclusion by the Court that there was no expectation that a third party will commit an intentional tort after playing a video game. Is there an argument, however, counter to that? Which negligence element is the most relevant to this case? Any others? Can you think of a basis to keep the suit alive other than a moralistic view?
In: Economics
Swifty Corp. designs and manufactures mascot uniforms for high school, college, and professional sports teams. Since each team’s uniform is unique in color and design, Swifty uses a job order costing system. On January 1, the T-accounts for some of Swifty’s primary balance sheet accounts were as follows:
| Raw Materials Inventory | Work in Process Inventory | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Beg. | 18,200 | Beg. | 30,700 | |||||||||||
| Finished Goods Inventory | Cash | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Beg. | 22,000 | Beg. | 36,400 | |||||||||||
| Accounts Receivable | Accounts Payable | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Beg. | 72,700 | Beg. | 42,800 | |||||||||||
During the year, the following events occurred:
| 1. | Swifty purchased raw materials costing $85,100 on account. |
| 2. | Swifty used $93,000 of raw materials in production. Of these, 70% were classified as direct materials and 30% as indirect materials. (Swifty maintains a single Raw Materials Inventory account.) |
| 3. | Swifty used 38,800 hours of direct labor. The company’s average direct labor rate was $8 per hour (credit Wages Payable). |
| 4. | The company’s only indirect labor cost was the salary of a security guard hired to watch the company’s shop after hours. The guard’s annual salary was $26,300 (credit Wages Payable). |
| 5. | Other manufacturing overhead costs the company incurred on account totaled $71,400. |
| 6. | Swifty applied $135,000 in manufacturing overhead. |
| 7. | The company completed production of goods costing $326,000. |
| 8. | The company’s Cost of Goods Sold balance was $303,750 before adjusting for over- or underapplied overhead. |
| 9. | Sales revenue was $412,000 (all sales were made on account). |
| 10. | Swifty collected $410,000 from customers. |
| 11. | The company paid accounts payable of $110,000. |
| 12. | At year-end, all wages earned during the year had been paid. |
(a)
Record the transactions above in the appropriate T-accounts and calculate ending balances. (Post entries in order presented in the problem.)
In: Accounting