Questions
The number of rejected items is a uniformly distributed between 251 products and 260 product. (a)...

The number of rejected items is a uniformly distributed between 251 products and 260 product.
(a) What are the mean and standard deviation of the rejected products?
(b) What is the probability that the number of rejected products is less than 350 products?
(c) What is the probability that the number of rejected products is less than 240 products?

In: Statistics and Probability

a) What non-accounting factors are important before evaluating whether a pending lawsuit should be accrued as...

a) What non-accounting factors are important before evaluating whether a pending lawsuit should be accrued as a liability and reflected in the financial statements?

b) What accounting factors should be considered in determining whether a pending lawsuit should be accrued as a liability and reflected in the financial statements?

350 word minimum please.

In: Accounting

A study of bone density on 5 random women at a hospital produced the following results....

A study of bone density on 5 random women at a hospital produced the following results. Age 41 53 57 61 69 Bone Density 360 355 350 345 315 Step 1 of 3 : Calculate the correlation coefficient, r. Round your answer to six decimal places.

In: Statistics and Probability

Free association and dream analysis which are the techniques of psychoanalytic approach. Explain each of these...

Free association and dream analysis which are the techniques of psychoanalytic approach. Explain each of these clearly. It should be include;
-what is the aim of the technique?
-What is the idea behind it?
-How does it work?
Please include a paragraph between 350 and 400 words. Explain and please it should be a paragraph, no short answer or no definition.

In: Psychology

Describe a historical situation where a failure to assess and correctly interpret the external environment resulted...

Describe a historical situation where a failure to assess and correctly interpret the external environment resulted in a business' failure. What elements of the external environment were missed? How might the company have corrected this oversight? Cite any sources used to support your answer. in 250-350 words please

In: Operations Management

A market has four individuals, each considering buying a grillfor his backyard. Assume that grills...

A market has four individuals, each considering buying a grill for his backyard. Assume that grills come in only one size and model. Abe considers himself a grill-master, and finds a grill a necessity, so he is willing to pay $400 for a grill. Butch is a meat-lover, honing his grilling skills, and is willing to pay $350 for a grill. Collin just met the girl of his dreams, and she loves a good grilled steak, so in his effort to impress her he is willing to pay $320 for a grill. Daniel loves grilled shrimp and thinks it might be cheaper in the long run if he buys a grill instead of eating out every time he wants grilled shrimp, so he is willing to pay $200 for a grill. If the market price of grills is $350, given the scenario described, total consumer surplus would be: Multiple Choice $50. $870. $400. $750.

In: Economics

Marigold Corporation began operations on December 1, 2016. The only inventory transaction in 2016 was the...

Marigold Corporation began operations on December 1, 2016. The only inventory transaction in 2016 was the purchase of inventory on December 10, 2016, at a cost of $20 per unit. None of this inventory was sold in 2016. Relevant information for fiscal 2017 is as follows:

Ending inventory units:
December 31, 2016 120
December 31, 2017, by purchase date
—Dec. 2, 2017 120
—July 20, 2017 31 151

During 2017, the following purchases and sales were made:
Purchases Sales
Mar. 15 350 units at $26 Apr. 10 220
July 20 350 units at $28 Aug. 20 310
Sept. 4 260 units at $30 Nov. 18 180
Dec. 2 120 units at $30 Dec. 12 339

The company uses the periodic inventory method.

Determine ending inventory under (1) specific identification, (2) FIFO, (3) LIFO, and (4) average-cost.

In: Accounting

On January 1, 2019, Dealership Inc. sold and delivered a car to a customer for $30,000...

On January 1, 2019, Dealership Inc. sold and delivered a car to a customer for $30,000 cash. The car included a basic standard one-year (assurance) warranty for major parts and a five-year extended warranty (commences January 1, 2019) for all parts and labour. Two performance obligations are identified: car and standard warranty; and the extended warranty.

  • The car could have been sold separately for $28,000 and the extended warranty for $4,000.
  • The estimated cost for the standard warranty is $350 and $350 of cash was spent in 2019 for the standard warranty.
  • The estimated cost for the extended warranty is $1,500 and costs are expected to be incurred about evenly during the five-year contract. $300 of cash was spent in 2019 relating to the extended warranty.
  1. What is the total impact on revenue of Dealership in 2019 as a result of this scenario?
  2. What is the impact on the liabilities section of the statement of financial position for Dealership at December 31, 2019 as a result of this scenario? List all accounts and amounts.

In: Accounting

1) The following data shows the yearly production data collected from firms in XYZ state and...

1) The following data shows the yearly production data collected from firms in XYZ state and ABC state.

Yearly production in tons

Number of Firms in XYZ

Number of Firms in ABC

50 - 150

9

35

150 - 250

10

40

250 - 350

11

56

350 - 450

40

62

450 - 550

56

78

550 - 650

68

55

650 - 750

110

53

750 - 850

125

52

850 - 950

98

44

950 - 1050

105

42

1050 -1150

25

48

1150 -1250

20

57

1250 -1350

18

40

1350 - 1450

5

38

1) Calculate:

  • the coefficient of variation for XYZ and ABC
  • the interquartile range for XYZ and ABC
  • the median for XYZ and ABC
  • the mode for XYZ and ABC
  • the variance for XYZ and ABC
  • mean deviation from the mean for XYZ and ABC

In: Economics

Table 6-3. Calculation of MAD Time Period      Actual Sales      3 Month Moving Average          Absolute Deviation     

Table 6-3. Calculation of MAD

Time Period      Actual Sales      3 Month Moving Average          Absolute Deviation        Weighted Moving Average

W=.1,.3,.6         Absolute Deviation        Exponential Smoothing Ft = 350 Absolute Deviation

1          230                                                      350      

2          238                                                      326      

3          260                                                      308      

4          275      243                  250                  299      

5          300      258                  267                  294      

6          285      278                  289                  295      

7          270      287                  289                  293      

8          290      285                  278                  289      

9          305      282                  284                  289      

10        320      288                  297                  292      

11        335      305                  313                  298      

12                    320                  328                  305      

SUM =  

                        n =                                                       

                        MAD   

73) Refer to Table 6-3. Calculate MAD for all forecasting models. The model you would use for your forecast, based on MAD is _____________________________________.

Please show work.  

In: Statistics and Probability