Questions
A university health center tracks the number of flu-related visits during each month of the fall...

A university health center tracks the number of flu-related visits during each month of the fall semester. The center director wonders whether students come down with the flu more often around mid-October)and mid December. Can these data shed any light on this issue?

Flu-Related Visits to the University Health Center

(by months)

September

October

November

December

20

48

27

56

      Is there any significant difference among the flu-related visits during the fall semester? Use an α level of .05 to test the appropriate hypothesis,

In: Statistics and Probability

Suppose we know that at a University XYZ that 15% of students receive an A in...

Suppose we know that at a University XYZ that 15% of students receive an A in their introductory statistics class, 20% receive a B, 30% receive a C, 10% receive a D, and the rest receive an F. For comparison, a sample of 260 students at University ABC is taken and 20% received an A, 25% received a B, 25% received a C, 10% received a D, and the remaining students failed the class. When testing (at the 5% level of significance) whether the proportions between the two universities are different, what is the critical value? (please round your answer to 3 decimal places)

In: Statistics and Probability

In C: Find a string within a string Given two strings S1 & S2, search for...

In C: Find a string within a string Given two strings S1 & S2, search for an occurrence of the second string within a first string. Note: Do not use system library for the implementation. Input: Code Zinger University Zinger where, First line represents string S1. Second line represents string S2. Output: 5 Here 'Zinger' word starts at 5th index within 'Code Zinger University’. Assume that, The length of strings S1 & S2 are within the range [1 to 10000]. Character comparisons will be case-sensitive.

In: Computer Science

The sales method for estimating bad debts is calculated using ________. A) aging of accounts receivable...

  1. The sales method for estimating bad debts is calculated using ________.

A) aging of accounts receivable

B) a percentage of credit sales

C) a percentage of net accounts receivable

D) the current balance in accounts receivable

  1. Team Shirts had a balance in its allowance for uncollectible accounts of $(200). Aging the accounts receivable showed that the allowance should be $(1,800). Bad debts expense should be ________.

A) $1,400

B) $1,600

C) $1,800

D) $2,000

Learning Objective 4-4

  1. Credit card sales benefit companies because ________.

A) the risk of uncollectible accounts is transferred to credit card companies

B) fewer customers will be able to buy products or services

C) the credit card company is not responsible for evaluating customers’ credit-worthiness

D) they will receive less than the full amount of the sale from the credit card company

  1. Timmy’s Tires sold $18,750 worth of tires to customers using VISA. The credit card fee is 4% of sales. The amount of sales Timmy’s Tires should recognize is ________.

A) $750

B) $19,500

C) $18,750

D) $18,000

  1. Team Shirts decided to accept bankcards from credit customers. Team Shirts should expect ________.

A) an increase in its allowance for uncollectible accounts

B) a decrease in its bad debts expense

C) a decrease in its credit card expense

D) an increase in its write-off of specific customer accounts

  1. Magic Cow Co. made a sale for $5,000 to a customer who paid with MasterCard. MasterCard charges Magic Cow a fee of 3% of sales. MasterCard will directly deposit the cash from this sale within 24 hours. How much cash will MasterCard deposit?

A) $5,000

B) $4,850

C) $150

D) $5,150

  1. Sally has a new VISA card that was issued by MBNA (Maryland Bank of North America). Sally used her VISA card to buy five kegs of beer at Crock‘n’ Keg. Three months later, Sally still has not paid her VISA bill. Which company carries the account receivable from this sale?

A) MBNA

B) Sally

C) Crock‘n’ Keg

D) both Sally and Crock‘n’ Keg

  1. Magic Cow Co. made a sale for $5,000 to a customer who paid with MasterCard. MasterCard charges Magic Cow a fee of 3% of sales. How much sales revenue will Magic Cow record?

A) $5,000

B) $4,850

C) $150

D) $5,150

Learning Objective 4-7

  1. Ace Electronics accepted a promissory note from Fenstermaker, who promised to pay Ace $2,000 plus 6% interest at the end of six months. What is the amount of interest that will be paid at the end of the six-month period?

A) $120

B) $240

C) $60

D) $2,060

  1. Ace Electronics accepted a promissory note from Fenstermaker, who promised to pay Ace $2,000 plus 6% interest at the end of six months. When Ace first accepts the note, it should record interest receivable of ________.

A) $120

B) $0

C) $60

D) $240

  1. Acme, Inc. accepted a promissory note from NadirCo, who promised to pay Acme $5,000 plus 6% interest at the end of four months. What is the amount of interest that will be paid at the end of the four-month period?

A) $300

B) $100

C) $600

D) $5,000

In: Accounting

Brief Introduction Suppose that you are an analyst for the ABC Company, a large consulting firm...

Brief Introduction

Suppose that you are an analyst for the ABC Company, a large consulting firm with offices around the world. The company wants to build a new knowledge management system that can identify and track the expertise of individual consultants anywhere in the world on the basis of their education and the various consulting projects on which they have worked. Assume that this is a new idea that has never before been attempted in ABC or elsewhere. ABC has an international network, but the offices in each country may use somewhat different hardware and software. ABC management wants the system up and running within a year.

Action Items

  • Given the situation, what methodology would you recommend that ABC Company use? Why?
  • Support or Oppose the above statements with arguments
  • Respond to two other class member postings: observe and criticize their statements

In: Computer Science

A survey was run by a high school student in order to determine what proportion of...

A survey was run by a high school student in order to determine what proportion of mortgage-holders in his town expect to own their house within 10 years. He surveyed 38 mortgage holders and found that the proportion of these that did expect to own their house within 10 years is 0.55.

The student decides to construct a 95% confidence interval for the population proportion.

a)Calculate the margin of error that the high school student will have. Give your answer as a decimal to 2 decimal places.

Margin of error =

A university student finds the survey results of the high school student and believes he should have had a larger sample. The university student surveys 76 mortgage holders in her town and finds that the proportion of these that do expect to own their house within 10 years is again 0.55. This student also constructs a 95% confidence interval for the population proportion.

b)Calculate the margin of error that the university student will have. Give your answer as a decimal to 2 decimal places.

Margin of error =

[2  points]

In: Statistics and Probability

A survey was run by a high school student in order to determine what proportion of...

A survey was run by a high school student in order to determine what proportion of mortgage-holders in his town expect to own their house within 10 years. He surveyed 43 mortgage holders and found that the proportion of these that did expect to own their house within 10 years is 0.42. The student decides to construct a 95% confidence interval for the population proportion.

a)Calculate the margin of error that the high school student will have. Give your answer as a decimal to 2 decimal places. Margin of error =

A university student finds the survey results of the high school student and believes he should have had a larger sample. The university student surveys 86 mortgage holders in her town and finds that the proportion of these that do expect to own their house within 10 years is again 0.42. This student also constructs a 95% confidence interval for the population proportion.

b)Calculate the margin of error that the university student will have. Give your answer as a decimal to 2 decimal places. Margin of error =

In: Statistics and Probability

Find an example of an industry that has undergone a technological paradigm shift in recent years....

Find an example of an industry that has undergone a technological paradigm shift in recent years. What happened to the established companies as that paradigm shift unfolded? This module requires you to analyze the industry environment in which your company is based and determine if it is vulnerable to a technological paradigm shift. With the information you have at your disposal answer the following questions: What is the dominant product technology used in the industry in which your company us based? Are technical standards important in your industry? If so what are they? What are the attributes of the majority if customers purchasing the product of your company? What does this tell you about the strategic issues that the company is likely to face in the future? Did the dominant technology in your industry diffuse Rapidly or slowly? What drove the speed of diffusion?

In: Economics

A group of 43 college students from a certain liberal arts college were randomly sampled and...

A group of 43 college students from a certain liberal arts college were randomly sampled and asked about the number of alcoholic drinks they have in a typical week. The purpose of this study was to compare the drinking habits of the students at the college to the drinking habits of college students in general. In particular, the dean of students, who initiated this study, would like to check whether the mean number of alcoholic drinks that students at his college in a typical week differs from the mean of U.S. college students in general, which is estimated to be 4.73.

The group of 43 students in the study reported an average of 5.52 drinks per with a standard deviation of 3.64 drinks.

Find the p-value for the hypothesis test.

The p-value should be rounded to 4-decimal places.

Commute times in the U.S. are heavily skewed to the right. We select a random sample of 220 people from the 2000 U.S. Census who reported a non-zero commute time.

In this sample the mean commute time is 28.3 minutes with a standard deviation of 19.2 minutes. Can we conclude from this data that the mean commute time in the U.S. is less than half an hour? Conduct a hypothesis test at the 5% level of significance.

What is the p-value for this hypothesis test?

Your answer should be rounded to 4 decimal places.

Dean Halverson recently read that full-time college students study 20 hours each week. She decides to do a study at her university to see if there is evidence to show that this is not true at her university. A random sample of 33 students were asked to keep a diary of their activities over a period of several weeks. It was found that the average number of hours that the 33 students studied each week was 22.2 hours. The sample standard deviation of 3.9 hours.

Find the p-value.

The p-value should be rounded to 4-decimal places.

A medical researcher is studying the effects of a drug on blood pressure. Subjects in the study have their blood pressure taken at the beginning of the study. After being on the medication for 4 weeks, their blood pressure is taken again. The change in blood pressure is recorded and used in doing the hypothesis test.

Change: Final Blood Pressure - Initial Blood Pressure

The researcher wants to know if there is evidence that the drug affects blood pressure. At the end of 4 weeks, 33 subjects in the study had an average change in blood pressure of -2.9 with a standard deviation of 5.4.

Find the p-value for the hypothesis test.

Your answer should be rounded to 4 decimal places.

Find the p-value for the hypothesis test. A random sample of size 53 is taken. The sample has a mean of 369 and a standard deviation of 84.

H0: µ = 400

Ha: µ< 400

The p-value for the hypothesis test is .

Your answer should be rounded to 4 decimal places.

Child Health and Development Studies (CHDS) has been collecting data about expectant mothers in Oakland, CA since 1959. One of the measurements taken by CHDS is the weight increase (in pounds) for expectant mothers in the second trimester.

In a fictitious study, suppose that CHDS finds the average weight increase in the second trimester is 14 pounds. Suppose also that, in 2015, a random sample of 37 expectant mothers have mean weight increase of 16.2 pounds in the second trimester, with a standard deviation of 5.6 pounds.

A hypothesis test is done to see if there is evidence that weight increase in the second trimester is greater than 14 pounds.

Find the p-value for the hypothesis test.

The p-value should be rounded to 4 decimal places.

In: Statistics and Probability

Wells Technical Institute (WTI), a school owned by Tristana Wells, provides training to individuals who pay...

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.
  WELLS TECHNICAL INSTITUTE

Additional Information Items

An analysis of WTI's insurance policies shows that $3,071 of coverage has expired.

An inventory count shows that teaching supplies costing $2,662 are available at year-end 2017.

Annual depreciation on the equipment is $12,285.

Annual depreciation on the professional library is $6,142.

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 $3,000, 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 2018.

On October 15, WTI agreed to teach a four-month class (beginning immediately) for an individual for $3,040 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, 2017
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 33,702
Salaries payable 0
Unearned training fees 15,000
Common stock 15,000
Retained earnings 50,908
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

2-a. Prepare an adjusted trial balance, even if it does not match.

I need help preparing an adjusted trial balance sheet using everything above, I keep getting the answers wrong. Please help!

In: Accounting