8. A decision maker is faced with three decision alternatives and four states of nature shown in the following profit (pay- off) table in terms of Millions.

Payoff table for three Decision alternatives and four states of nature

If the decision maker knows nothing about the probabilities of the four states of nature (s1, s2, s3, and s4) then what would be your decision;   (2+ 2+4 + 4+3=15)

1. Using pessimistic or Conservative approach (2)

Ans.

                What decision?

                Value of decision?

2. Using Optimistic Approach (2)

Ans.

                What decision?

                Value of decision?

3. Minimizing the maximum regret approach (4)

Ans.

                What decision?

                Value of decision?

4. If, for s1, s2, s3, and s4 probability is given as 0.3, 0.1, 0.4, and 0.2 respectively then what would be the best expected pay off under risk? (4)

Ans.

                What decision?

                Value of decision?

5. What would be the expected value of perfect information? (3)

Ans.

The main aspect of the European Union is the realization of a Euro-Mediterranean free trade area, in accordance with the rules of
Select one:
a. the a and b
b. the International Monetary Fund
c. the World Trade Organization
d. all of the above
e. The United Nations
F. None of the above
g. the European Central Bank
h. the World Bank

Janine made the following contributions and donations during the current taxation year:

• Green Party of Canada: $250
• Canadian Cancer Society: $300
• British Columbia New Democratic Party: $100
• United Way: $200
• Liberal Party of Canada: $350

What is the federal political contributions tax credit for Janine in the current year?

1. Poverty is mostly a rural phenomenon in many developing countries. In view of this observation, what policies would you recommend for poverty reduction in developing countries.
2. In 1994, the United Nations provided the human security framework as a wider development and security paradigm. Describe any three of the key characteristics of this paradigm that makes it relevant to the contemporary reality.

Which of the following prohibits the federal and state governments from denying a citizen the right to vote based on that citizen's "race, color, or previous condition of servitude"?

Group of answer choices

Federal Election Commission

Citizens United v. FEC

Voting Rights Act of 1965

Civil Rights Act of 1964

Fifteenth Amendment

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Problem 3. Carleton agency, a VHWO, conducts two programs: medical services and community information services. It had the following transactions during the year ended June 30, 2016:

1. Received the following contributions:

2. Collected the following pledges:

3. Received the following unrestricted cash flows from:

4. Program expenses incurred (processed through vouchers payable):

5. Services expenses incurred (processed through vouchers payable):

6. Purchased fixed assets:

Fixed assets purchased with donor-restricted cash $18,000.

Carleton's policy is to release donor restrictions when assets are placed in service.

7. Depreciation of all buildings and equipment in the land, buildings, and equipment fund was allocated as follows:

8. Vouchers paid: Paid vouchers payable $330,000

Instructions Record journal entries for the preceding transactions. Number your journal entries to coincide with the preceding transaction numbers. (AICPA adapted)

Fixed Asset Discussion:

1. Identify a type of company in your pathway that might purchase fixed assets (see suggestions below).
2. List 5 fixed assets that they might purchase to run their business.
3. Select one depreciable fixed asset. Based on research suggest what the cost, residual value and estimated life might be for that fixed asset.
4. Using your assumptions above, calculate:
   1. Straight-line depreciation per year.
   2. Declining Balance depreciation for each of the first two years
   3. Units of Production depreciation (make assumptions about the total expected use and the first two year’s use), for each of the first two years.
5. Suggest which depreciation method might be more appropriate and why.

Examples of sectors/industries in pathways could be:

• AHCD: Media, Dance, Theater, Film production, Graphics design or Architecture
• Business: Tourism/Leisure, Telecommunications, Retailers, Computers, Equipment, Food and Beverage Products, Real Estate, Technology Hardware, Toys, Commercial Services, Financial Services, any business is acceptable
• Education: Non-Profit Services, Public Agency, Child care, Charter schools, Universities
• Health Sciences: Health Care Services, Healthcare Products, Hospital, Household Products, Chemicals
• IMCT: Aviation, Construction, Construction Materials, Logistics, Automotive, Mining
• Public Safety:   Equipment providers for the industry, Public Agency, Non-Profit Services
• STEM: Engineering, Computers. Chemicals, Energy, Energy Utilities, Technology Hardware
• SGSHS: Healthcare Services, Non-Profit Services, Media, Public Agency

A random sample of fifty si ​200-meter swims has a mean time of 3.06 minutes and the population standard deviation is 0.08 minutes. Construct a 95​% confidence interval for the population mean time. Interpret the results.In a random sample of 50 ​refrigerators, the mean repair cost was $136.00 and the population standard deviation is​$19.1019.10. A 90​% confidence interval for the population mean repair cost is (131.56,140.44). Change the sample size to n=100. Construct a 90% confidence interval for the population mean repair cost. Which confidence interval is​ wider? Explain.

Construct a 90% confidence interval for the population mean repair cost.

The 95​% confidence interval isA random sample of thirty-seven ​200-meter swims has a mean time of 3.591 minutes. The population standard deviation is 0.080 minutes. A 90​% confidence interval for the population mean time is (3.569,3.613). Construct a 90​% confidence interval for the population mean time using a population standard deviation of 0.03 minutes. Which confidence interval is​ wider? Explain.

The 90​% confidence interval is

The 95​% confidence interval is

You are given the sample mean and the population standard deviation. Use this information to construct the​ 90% and​ 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. If​ convenient, use technology to construct the confidence intervals.

A random sample of 35 home theater systems has a mean price of ​$128.00. Assume the population standard deviation is ​$15.90. Find the 90% and 95% of confidence interval.

Select a company in your pathway that maintains inventory. Don't use a company that someone has already used. Please put the company's name as the subject of your post. (No posting the company name only to hold it. You must make a full post or I will delete it.)

Access a recent (less than 12 months) annual 10-K report for the company at the EDGAR filings at SEC Edgar search tool or Yahoo or Google finance. Review the report and in a minimum of three paragraphs, tell us the following:

1. When the report was filed and the time period it covers, indicating specific dates.
2. What are the company's major product lines?
3. What inventory methods do they use? (Hint: see the Notes of the financial statements)
4. List the major types of the inventory and their values.
5. Include two other items that you found interesting about the financial statements.

Examples of businesses in pathways could be:

• AHCD: Dance, Theater, Film production, Social media, Graphics design or architecture business
• Business: Accounting office, caterer, advertising firm, dry cleaner, restaurant, any business is acceptable
• Education: K-12 tutoring, Child care, Charter schools
• Health Sciences: Dr. or Dentist office, PT office, Hospital, Insurance co,
• IMCT: Engineering Co., Aviation maintenance, Aviation distribution, Supply Chain Management
• Public Safety: Law office, PI, Equipment providers for the industry
• STEM: Engineering Co., Vet. Office, Computer Services co.
• SGSHS: Psychology office, Non-profit agencies, Social Media

21) The weight of a bouquet of a dozen roses has a bell-shaped distribution with mean 30 oz and standard deviation 2 oz. One bouquet had a z-score of -3.25. Which is correct?

a) This bouquet could be considered to be an outlier because its weight is way above average.

b) This bouquet is 3.25 standard deviations above the mean

c) This bouquet could be considered to be an outlier because its weight is way below average.

d) This bouquet is about average in weight.

e) This bouquet is 3.25 standard deviations below the mean.

22) Find the regression line for the given data. Make sure you use LinReg(a+bx) on your calculator.

a) y = 2x - 50.4

b) y = 50.4

c) y = 2.5x + 45

d)None of these

23) The demand for vegetarian sandwiches each day for eight consecutive days is given below. Find the interquartile range (IQR).

16 19   25   24   26   22   44   28

a) 55

b) 10

c) 44

d) 6.5

e) 30.5

24) The number of seats in a movie theater. Determine whether the data is from a discrete or continuous data set.

a) Discrete

b) Continuous

25) Which of the following numerical summary measures cannot be easily approximated from a box plot?

a) Median

b) IQR

c) Q1

d) Range

e) Variance

b) Continuous