In 2006 you joined a group of 20 Richland College graduates to start a company that provides innovative tutoring and educational services You are responsible for all accounting activities. After applying to the Secretary of State in Austin, Shannon’s Tutoring Corporation (STC) received its corporate charter and began business as a Texas Corporation on December 1, 2006. During the first month of business the following Transactions occurred. You must analyze each transaction’s effect on the Accounting Equation and Prepare the Income Statement, Statement of Retained Earnings and the Balance Sheet for the Year ended 12/31/2006.

1. z = -1 is what percentile?

2.Assume that the readings at freezing on a batch of thermometers are normally distributed with a mean of 0°C and a standard deviation of 1.00°C.
A single thermometer is randomly selected and tested. Let ZZ represent the reading of this thermometer at freezing. What reading separates the highest 11.18% from the rest? That is, if P(z>c)=0.1118P(z>c)=0.1118, find c.

3.Assume that scores on the verbal portion of the GRE (Graduate Record Exam) follow the normal distribution with mean score 151 and standard deviation 7 points, while the quantitative portion of the exam has scores following the normal distribution with mean 153 and standard deviation 7.67. Use this information to answer the following:
a) Find the score of a student who scored in the 80th percentile on the Quantitative Reasoning section of the exam.
(please round to two decimal places)

b)Find the score of a student who scored worse than 70% of the test takers in the Verbal Reasoning section of the exam.
(please round to two decimal places)

4.The combined SAT scores for the students at a local high school are normally distributed with a mean of 1494 and a standard deviation of 299. The local college includes a minimum score of 1374 in its admission requirements.

What percentage of students from this school earn scores that satisfy the admission requirement?
P(X > 1374) = ? %

5.In the country of United States of Heightlandia, the height measurements of ten-year-old children are approximately normally distributed with a mean of 55.6 inches, and standard deviation of 4.8 inches.

A) What is the probability that a randomly chosen child has a height of less than 65.2 inches?

Answer= (Round your answer to 3 decimal places.)

B) What is the probability that a randomly chosen child has a height of more than 64.8 inches?

Answer= (Round your answer to 3 decimal places.)

I need detailed explanation and additionally what influence has the fact that salary increase will be protected from inflation:

My sister is a public school teacher. She is currently 30 years old and has a Master’s degree. According to her union contract, if she earns her Ph.D., she will make $12,000 more per year (Union contracts also include cost of living increases, so this increase will be protected from inflation). She plans to retire on her 65th birthday, and will earn 80% of her salary in her pension. She has found a Ph.D. program at a nearby university that she can start next year. Importantly, the courses for this course are mostly online, so she can complete them in the evenings and over the summer, so she does not need to stop working. The program costs $10,000 per year and takes 4 years to complete. My sister enjoys learning, so suppose the psychological “costs” of education are small to her.

(a) What is the net present value of this investment? In your calculation, assume that she starts school next year, she already has the money to pay the costs for the degree so doesn’t require student loans, she will finish her PhD and receive the higher earnings on her 35th birthday, she expects to live until her 80th birthday (consistent with U.S. life expectancy at birth for women), and that the rate of return on alternative investments would be 7% per year. Hint: Use a spreadsheet software instead of using the formulas for the present value of annuities.

(b) In part (a), I had you assume the rate of return on alternative investments was 7%. What would this rate need to be for my sister to be indifferent between doing the PhD and taking the alternative investment?

College students were randomly sorted into one of two groups. Members of each group performed a series of mental tasks while music was playing in the background. One group listened to pop music and the other to country music. It is hypothesized that more tasks will be completed with pop than with country music. What can be concluded with α = 0.05? The results are below:

a) What is the appropriate test statistic?
---Select--- na z-test One-Sample t-test Independent-Samples t-test Related-Samples t-test

b)
Condition 1:
---Select--- mental task music school country music pop music
Condition 2:
---Select--- mental task music school country music pop music

c) Obtain/compute the appropriate values to make a decision about H₀.
(Hint: Make sure to write down the null and alternative hypotheses to help solve the problem.)
critical value =  ; test statistic =  
Decision:  ---Select--- Reject H0 Fail to reject H0

d) If appropriate, compute the CI. If not appropriate, input "na" for both spaces below.
[  ,  ]

e) Compute the corresponding effect size(s) and indicate magnitude(s).
If not appropriate, input and/or select "na" below.
d =  ;  ---Select--- na trivial effect small effect medium effect large effect
r² =  ;  ---Select--- na trivial effect small effect medium effect large effect

f) Make an interpretation based on the results.

a)Students that listened to pop music significantly completed more tasks.

b)Students that listened to country music significantly completed more tasks.   

c)Music had no significant effect on the number of tasks completed.

1.    M 644

2.    F 345

3.    F 710

4.    F 655

5.    F 539

6.    M 492

7.    M 598

8.    F 481

9.    F 622

10. F 545

11. M 707

12. F 332

13. M 538

14. F 470

15. M 469

16. F 483

17. M 572

18. F 487

19. M 358

20. F 440

21. F 637

22. M 447

23. F 482

24. M 485

25. F 417

26. M 569

27. M 541

28. F 596

29. F 395

30. M 526

31. M 643

32. M 435

33. F 511

34. F 766

35. F 467

36. F 562

37. M 460

38. M 483

39. F 644

40. F 606

The first task you have is to select a sample of 40 students. Carefully explain your procedure and reasoning for selecting these 40 students.   Use your sample to describe the high school’s performance as a whole. Produce the proper statistical summaries and graphs.

Next, use your sample to create a 95% confidence interval for the mean SAT math score at this high school. Interpret the interval. Based on your confidence interval, compare the performance of these students with the statewide mean math score of 503.

Your last portion of the project is to address this following question. Nationally males tend to have higher Math scores than Females. Use the sample to determine if that is true at this high school.   Be sure to check all assumptions and conditions when determining the answer to this question.

6.A volume variance occurs when the company operates at a different capacity level than was expected.

True or false

7. Canfield Technical School allocates administrative costs to its respective departments based on the number of students enrolled, while maintenance and utilities are allocated per square feet of the classrooms. Based on the information below, what is the total amount allocated to the Welding Department (rounded to the nearest dollar) if administrative costs for the school were $65,000, maintenance fees were $27,000, and utilities were $7,500?

DepartmentStudents Classrooms Electrical250 15,300 sq. ft. Welding150 20,400 sq. ft. Accounting75 10,200 sq. ft. Carpentry25 5,100 sq. ft. Total500 51,000 sq. ft.

$0.

$29,850.

$33,300.

$39,800.

$45,900.

8. Pleasant Hills Properties is developing a golf course subdivision that includes 225 home lots; 100 lots are golf course lots and will sell for $110,000 each; 125 are street frontage lots and will sell for $80,000. The developer acquired the land for $1,950,000 and spent another $1,550,000 on street and utilities improvement. Compute the amount of joint cost to be allocated to the golf course lots using value basis.

$2,128,120.

$1,834,000.

$1,887,120.

$1,531,280.

$1,666,000.

9.Ready Company has two operating (production) departments: Assembly and Painting. Assembly has 280 employees and occupies 57,600 square feet; Painting has 120 employees and occupies 38,400 square feet. Indirect factory expenses for the current period are as follows:

Administration$88,000 Maintenance$108,000

Administration is allocated based on workers in each department; maintenance is allocated based on square footage. The amount of administration expenses that should be allocated to the Painting Department for the current period is:

$61,600.

$64,800.

$126,400.

$26,400.

$129,600.

Directions: Use the Bivatiate Correlation function and the Options submenu to answer each of the questions based on the above scenario.

The superintendent has continued the examination of data by examining the relationship between attendance rate and percent of students eligible for free or reduced priced lunch. The district data used for the analysis are contained below.

1. What is the mean percent of students receiving free or reduced lunch? What is the mean attendance rate?

51.97 free or reduced

94.16 attendance

2. What are the standard deviations for the percent of students receiving free or reduced lunch and attendance rate?

15.68 free or reduced

1.71 attendance

3. State an appropriate null hypothesis for this analysis.

4. What is the value of the correlation coefficient?

5. Based on the value of the correlation coefficient, how would you classify the strength of this relationship?

6. Based on the information from the scenario, what is the appropriate value for the degrees of freedom?

7. What is the reported level of significance?

8. Present the results as they might appear in an article. This must include a table and narrative statement that reports and interprets the results of your analysis.

Note: The table must be created using your word processing program. Tables that are copied and pasted from SPSS are not acceptable.

QUESTION 1

Jason is applying for a job. A pre-employment assessment indicates that he is generally helpful, considerate, cooperative, and trusting of others. Jason has a high level of…

QUESTION 7

1. Julio is generally happy and content with his job. He enjoys his salary and gets along well with his coworkers. He is not energetic or enthusiastic about his work though. Julio is showing high _____________ and low _______________.

   	A.	Organizational commitment; job satisfaction
   	B.	Organizational citizenship; employee engagement
   	C.	Employee engagement; job satisfaction
   	D.	Job satisfaction; employee engagement

QUESTION 8

1. Suppose you are looking to hire engineers. ___________________ refer to “can do” or “competence”-related factors that influence their performance. ________________ refer to the “will do” or “character” factors that influence their performance.

   	A.	Conscientiousness and integrity; knowledge and skill in engineering
   	B.	Conscientiousness and integrity; extraversion and agreeableness
   	C.	Knowledge and skill in engineering; conscientiousness and integrity
   	D.	Knowledge and skill in engineering; intelligence

QUESTION 10

Charles stays at his job because he feels obligated. He would feel guilty about leaving, with all that his coworkers and supervisor have done for him. Which type of commitment is this demonstrating?

QUESTION 11

1. A teacher has discovered over a period of time that, even though her school has treated her well and she has a positive view of the school and the organization’s mission, she does not really like to teach and the task of teaching is not really for her. This is most likely to result in low levels of…

   	A.	Affective commitment
   	B.	Continuance commitment
   	C.	Normative commitment
   	D.	Job satisfaction

Previous info: Cost Is No Object is a car rental service that specializes in lending antique and luxury cars to clients on a short-term basis. A typical customer might rent a vintage convertible to transport out-of-town clients to a business meeting, or rent a luxury car to transport a wedding party. The service currently has three employees and ten vehicles that it rents.

Case Projects CH.4 Case: Cost Is No Object

In earlier chapters, you developed classes needed for Cost Is No Object—a car rental service that specializes in lending antique and luxury cars to clients on a short-term basis. The rental service produces computerized paychecks for its employees every week. Write a program that gets data for each of the following:  

An employee ID number

A first name

  A last name

A street address

A zip code

An hourly pay rate

Number of hours worked this week

An insurance plan code

Create an application that prompts the user for employee data; the application continues to accept data for new employees until the user enters 0 for an ID number to quit. While the ID number is not zero, prompt the user for a value for each field in turn. Any time the user enters an invalid value, continue to reprompt the user for the same data. Continue with the next data item only when the previous item is valid, as follows:

An employee ID must be between 100 and 999 inclusive.

A zip code must not be greater than 99999.

An hourly pay rate must be between $6.00 and $25.00 inclusive.

The number of hours worked in a week cannot be negative or more than 70.

An insurance plan code must be 1 or 2.

When all the needed data has been entered correctly for an employee, display a copy of all the data fields for the employee as well as the following:

Gross pay, calculated as hours worked times pay rate

Income tax, which is calculated as 15% of the gross pay if the gross pay is $400 or less; otherwise, it is 20% of the gross pay

An insurance premium, which is $60 for insurance plan code 1 and $100 for insurance plan code 2

Net pay, which is calculated as gross pay minus income tax, minus insurance premium; if the net pay is negative (the employee did not earn enough to cover the tax and insurance), then the net pay should be $0