Children of three ages are asked to indicate their preference
for three photographs of
adults. Do the data suggest that there is a significant
relationship between age and
photograph preference? What is wrong with this study? [Chi-Square =
29.6, with 4
df: ? < 0.05].
| ### | Photograph | |||
| Age of child | A | B | C | |
| 5-6 years | 18 | 22 | 20 | |
| 7-8 years | 2 | 28 | 40 | |
| 9-10 years | 20 | 10 | 40 |
In: Statistics and Probability
The development of accounting information systems is much more than the software for ledger posting and report formation. It also involves establishing procedures for capturing data and distribution, as well as analysis of accounting information. In an accounting information system, there are three basic entities that need to be considered when specifying a system, namely, transactions, account and processing period. Outline the relationship between these three entities.
(Outline a range of considerations for developing accounting system specifications).
In: Accounting
Many organizations use information technology vendors to develop company solutions. Determine at least three (3) challenges associated with using vendors. Analyze the relationship between competitive advantage and vendor relationship management overall.
Specify at least three (3) approaches for marketing IT’s value. Propose (1) method for implementing each approach within an organization. Provide one (1) example of each approach to support your answer.
In: Operations Management
Month of April
| Date | |
| April-01 | Acquired $55000 to establish the company, $33000 from an initial investment through the issue of common stock to themselves and $22000 from a bank loan by signing a note. The entire note is due in 5 years and has 7 per cent annual interest rate. Interest is payable in cash on March 31 of each year. |
| April-01 | Paid $4200 (represents 3 months) in advance rent for a one-year lease on kitchen space. |
| April-01 | Paid $35000 to purchase a refrigerator. The refrigerator is expected to have a useful life of 5 years and a salvage value of $5000 at the end of 5 years. |
| April-06 | Purchased supplies for $500 for cash. |
| April-09 | Received $700 cash as an advance payment from a client to be served in May. |
| April-10 | Recorded sale to customers. Cash receipts were $700 and invoices for sales on account were $1500. |
| April-15 | Paid $1460 cash for employee semi-monthly salaries. |
| April-16 | Collected $400 from accounts receivable. |
| April-23 | Received monthly utility bills amounting to $340. The bills are to be paid in May. |
| April-25 | Paid advertising expense for advertisements run during April, $260. |
| April-30 | Recorded services to customers . Cash receipts were $1300 and invoices for services on account were $1800. |
| April-30 | Paid $1460 cash for employer salaries |
Required:
1. Record the transaction for April in general journal.
2. Open general ledger accounts, using the T-accounts provided, and post the general journal entries to the ledger.
Month of May
| Date | |
| May-01 | Collected $1900cash from customer accounts receivable |
| May-02 | Purchased supplies on account that cost $360 |
| May-07 | Recorded services of catering to customers and cash receipts were $610 and invoices for services on account were $1800 |
| May-08 | The catering job was completed that was paid for in advance on April 9 |
| May-10 | Paid the utility company for the monthly utility bills that had been received in the previous month, $340 |
| May-15 | Paid $1800 cash for employee salaries |
| May-15 | Purchased a one-year insurance policy for $1200 on the refrigerator |
| May-16 | Paid $220 on the account payable that was established when supplies were purchased on May 2. |
| May-20 | Paid a $400cash dividend to the stockholders |
| May-27 |
Received monthly utility bills amounting to $360. The bills would be paid in the month of June |
| May-31 |
Recorded revenues to customers. Cash receipts were $900, and invoices for sales on account were $1400 |
| May-31 | Paid $1800 cash for employee salaries |
Required:
1. Record the transactions for May in general journal.
2. Post the transactions into T-accounts created for the month of April.
In: Accounting
An amusement park studied methods for decreasing the waiting time (minutes) for rides by loading and unloading riders more efficiently. Two alternative loading/unloading methods have been proposed. To account for potential differences due to the type of ride and the possible interaction between the method of loading and unloading and the type of ride, a factorial experiment was designed. Use the following data to test for any significant effect due to the loading and unloading method, the type of ride, and interaction. Use α = 0.05.
| Type of Ride | |||
|---|---|---|---|
| Roller Coaster | Screaming Demon | Log Flume | |
| Method 1 | 41 | 52 | 50 |
| 43 | 44 | 46 | |
| Method 2 | 49 | 50 | 48 |
| 51 | 46 | 44 | |
Find the value of the test statistic for method of loading and unloading.
_____________.
Find the p-value for method of loading and unloading. (Round your answer to three decimal places.)
p-value = _________.
Find the value of the test statistic for type of ride.
____________.
Find the p-value for type of ride. (Round your answer to three decimal places.)
p-value = __________.
Find the value of the test statistic for interaction between method of loading and unloading and type of ride.
____________.
Find the p-value for interaction between method of loading and unloading and type of ride. (Round your answer to three decimal places.)
p-value = _____________.
In: Statistics and Probability
An amusement park studied methods for decreasing the waiting time (minutes) for rides by loading and unloading riders more efficiently. Two alternative loading/unloading methods have been proposed. To account for potential differences due to the type of ride and the possible interaction between the method of loading and unloading and the type of ride, a factorial experiment was designed. Use the following data to test for any significant effect due to the loading and unloading method, the type of ride, and interaction. Use α = 0.05.
| Type of Ride | |||
|---|---|---|---|
| Roller Coaster | Screaming Demon | Log Flume | |
| Method 1 | 43 | 50 | 50 |
| 45 | 42 | 46 | |
| Method 2 | 47 | 52 | 48 |
| 49 | 48 | 44 | |
a) Find the value of the test statistic for method of loading and unloading.
Find the p-value for method of loading and unloading. (Round your answer to three decimal places.)
p-value =
b) Find the value of the test statistic for type of ride.
Find the p-value for type of ride. (Round your answer to three decimal places.)
p-value =
c) Find the value of the test statistic for interaction between method of loading and unloading and type of ride.
Find the p-value for interaction between method of loading and unloading and type of ride. (Round your answer to three decimal places.)
p-value =
In: Statistics and Probability
| Case | taste | Acetic | H2S | Lactic |
| 1 | 12.3 | 4.543 | 3.135 | 0.86 |
| 2 | 20.9 | 5.159 | 5.043 | 1.53 |
| 3 | 39 | 5.366 | 5.438 | 1.57 |
| 4 | 47.9 | 5.759 | 7.496 | 1.81 |
| 5 | 5.6 | 4.663 | 3.807 | 0.99 |
| 6 | 25.9 | 5.697 | 7.601 | 1.09 |
| 7 | 37.3 | 5.892 | 8.726 | 1.29 |
| 8 | 21.9 | 6.078 | 7.966 | 1.78 |
| 9 | 18.1 | 4.898 | 3.85 | 1.29 |
| 10 | 21 | 5.242 | 4.174 | 1.58 |
| 11 | 34.9 | 5.74 | 6.142 | 1.68 |
| 12 | 57.2 | 6.446 | 7.908 | 1.9 |
| 13 | 0.7 | 4.477 | 2.996 | 1.06 |
| 14 | 25.9 | 5.236 | 4.942 | 1.3 |
| 15 | 54.9 | 6.151 | 6.752 | 1.52 |
| 16 | 40.9 | 6.365 | 9.588 | 1.74 |
| 17 | 15.9 | 4.787 | 3.912 | 1.16 |
| 18 | 6.4 | 5.412 | 4.7 | 1.49 |
| 19 | 18 | 5.247 | 6.174 | 1.63 |
| 20 | 38.9 | 5.438 | 9.064 | 1.99 |
| 21 | 14 | 4.564 | 4.949 | 1.15 |
| 22 | 15.2 | 5.298 | 5.22 | 1.33 |
| 23 | 32 | 5.455 | 9.242 | 1.44 |
| 24 | 56.7 | 5.855 | 10.199 | 2.01 |
| 25 | 16.8 | 5.366 | 3.664 | 1.31 |
| 26 | 11.6 | 6.043 | 3.219 | 1.46 |
| 27 | 26.5 | 6.458 | 6.962 | 1.72 |
| 28 | 0.7 | 5.328 | 3.912 | 1.25 |
| 29 | 13.4 | 5.802 | 6.685 | 1.08 |
| 30 | 5.5 | 6.176 | 4.787 | 1.25 |
Please help me with activity 8, answer of 6 and 7 are below it
Activity 8: If you add the proportions of variability in taste that can explained by each variable individually (your results from Activity 6), you do not get the same result as the proportion of variability that can be explained by the combined model in Activity 7. Why is this? Look at the relationships that the predictor variables have with one another by constructing scatterplots and finding the correlations between hydrogen sulfide and lactic acid, between hydrogen sulfide and acetic acid, and between lactic acid and acetic acid.
Activity 6
What proportion of the variability in taste can be explained by hydrogen sulfide?
r^2 =0.7558*0.7558=0.5712
What proportion of the variability in taste can be explained by lactic acid?
r^2 =0.7042*0.7042=0.4959
What proportion of the variability in taste can be explained by acetic acid?
r^2 =0.5495*0.5495=0.3020
Activity 7
Estimate the equation of the regression line predicting taste score based on all three predictor variables in a single equation.
taste = -28.877 + 0.328 x Acetic +3.912 x H2S + 19.671 x Lactic
What taste score would you predict for a cheese whose hydrogen sulfide measurement was 5.0, whose acetic acid measurement was 6.1, and whose lactic acid measurement was 0.90?
taste = 10.39
What proportion of the variability in taste can be explained by the model using all three predictor variables?
R^2 = 0.6518
In: Statistics and Probability
| 1 | 1 | 111.5 |
| 1 | 2 | 97.7 |
| 1 | 3 | 126.1 |
| 2 | 1 | 94.4 |
| 2 | 2 | 70.5 |
| 2 | 3 | 93.1 |
| 3 | 1 | 73.9 |
| 3 | 2 | 56.2 |
| 3 | 3 | 84.6 |
In many agricultural and biological experiments, one may use a two‑way model with only one observation per cell. When one of the factors is related to the grouping of experimental units into more uniform groups, the design may be called a randomized complete block design (RCBD). The analysis is similar to a two‑way analysis of variance (question B) except that the model does not include an interaction term.
The specific leaf areas (area per unit mass) of three types of citrus each treated with one of three levels of shading are stored in Table C. The first column contains the code for the shading treatment, the second column contains the code for the citrus species, and the third column contains the specific leaf area. Assume that there is no interaction between citrus species and shading. Carry out a two‑way analysis of this data.
The shading treatment and citrus species are coded as follows:
Treatment Code Species Code
Full sun 1 Shamouti orange 1
Half shade 2 Marsh grapefruit 2
Full shade 3 Clementine mandarin 3
nCopy the treatment code, the species code, and the specific leaf area into the EXCEL worksheet, label the columns and look at the data.
{Example 1}
nPerform a two‑way (without interaction) analysis of this data and answer the following questions. Use a 5% significance level.
|
Source of variation |
Degrees of freedom |
Sum of squares |
Mean square |
F |
P |
||||
|
Shading treatment |
2 |
||||||||
|
Citrus species |
2 |
||||||||
|
Error |
4 |
|
24. Should the hypothesis that shading treatment has no effect on specific leaf area be rejected (1) or not (0)? |
|
25. Should the hypothesis that citrus species do not differ in specific leaf area be rejected (1) or not (0)? |
|
26. What is the estimate of the average (pooled) variance in this experiment (i.e. Error mean square)? |
|
27. What are the error degrees of freedom for the pooled variance? |
{Example 26}
Recall that the confidence interval for a difference between two means is based on a calculation of the margin of error of the estimated difference. With a common variance (Error MS) and the same number of observations in all shading treatments, the margin of error of an estimated difference will be the same whether we calculate it for treatments 1 and 2, 1 and 3, or 2 and 3. This margin of error of the difference between two means is sometimes referred as the least significant difference (LSD).
nCalculate the LSD for comparing shading treatments in this experiment.
LSD = critical tvalue ´standard error of difference.
Use the critical t value with 4 degrees of freedom is t 0.025,4= 2.776.
n is the number of times of times each treatment was tested (in this case n = 3 for the 3 species).
|
28. What is the least significant difference (a = 0.05) for comparing shading treatments in this experiment? |
In: Statistics and Probability
what are the ethical responsilities of a firm to its employees and customers.
In: Psychology
can selling and distribution expenses vary by customers & why
In: Accounting