Questions
Do students in early morning classes do more poorly than students in later classes? During one...

Do students in early morning classes do more poorly than students in later classes? During one semester of Quan 2010, exam scores were averaged for one section of 28 students who met at 8:00am, and for another section of 37 students who met at 10:50am. The earlier section had a mean score of 80.6 with a variance of 103, while the later section had a mean score of 81.5 with a variance of 138.   

At a significance level of 0.10 can we conclude that 8:00am sections score lower than sections that meet at 10:50am?

In: Statistics and Probability

Prior to 2011, the Social Security payroll tax was 6.2% taken from workers pay and 6.2% paid by employers (total 12.4%).

Prior to 2011, the Social Security payroll tax was 6.2% taken from workers pay and 6.2% paid by employers (total 12.4%). The Tax Relief Act (2010) reduced the workers portion from 6.2% to 4.2% in 2011, but left the employers portion at 6.2%. 

a) Should this change have increased the typical workers take-home pay by exactly 2%, more than 2%, or less than 2%? Do any elasticities affect your answer? Explain. 

b) Who gets the bigger share of this tax cut, workers or employers? How do elasticities determine the answer?

In: Economics

300 word post In recent decades, the difference between the income going to the richest and...

300 word post

In recent decades, the difference between the income going to the richest and poorest segments of the US population has been increasing.  

Since 1979, the after-tax income of the top 1% has increased by more than 250% while those among the bottom 20% have only seen an 11% increase. (Source: Statistical Abstract of the United States, 2010)

Does it matter if some groups have seen their income increase more rapidly than others?

Should the government impose higher taxes on the top 1% to try to shrink the "gap?"

Why or why not?

In: Finance

Shown here are Caterpillar's annual global sales and revenue streams for the years 2004 through 2014....

Shown here are Caterpillar's annual global sales and revenue streams for the years 2004 through 2014. By observing the data graphically and analyzing the data statistically using techniques and concepts from this chapter (forecasting trend line, etc.), share your insights and conclusions about Caterpillar's annual global sales and revenue streams over this period of time.

YEAR SALES AND REVENUE STREAMS ($ BILLIONS)
2004 30.31
2005 36.34
2006 41.52
2007 44.96
2008 51.32
2009 32.40
2010 42.59
2011 60.14
2012 65.88
2013 55.66
2014 55.18

In: Statistics and Probability

On January 1, 2006 the Excel Delivery Company purchased a delivery van for $65,000. Useful life...

  • On January 1, 2006 the Excel Delivery Company purchased a delivery van for $65,000.
  • Useful life is 5 years and it has a salvage value of $15,000
  • The company expects to drive the van 125,000 miles
  • The following is the actual miles driven
    • 2006 – 40,000 miles
    • 2007 – 35,000 miles
    • 2008 – 25,000 miles
    • 2009 – 21,000 miles
    • 2010 – 11,000 miles

Required – Calculate annual depreciation for the five year life of the van using each of the following methods – (round to nearest dollar):

  • Straight line
  • Sum of the years digits
  • Double declining method
  • Units of production using miles driven

In: Accounting

Summarize how entrepreneurship impacts economic growth and society. Please keep in mind when considering the two...

Summarize how entrepreneurship impacts economic growth and society. Please keep in mind when considering the two additional readings that the Bureau of labor Statistics information only goes to 2010 while the Kauffman research includes mush more recent data. 2 word page.

Report from the Bureau of Labor Statistics concerning the impact of entrepreneurship on economic growth, particularly in the area of job creation.

Click http://www.bls.gov/bdm/entrepreneurship/entrepreneurship.htm link to open resource.

http://www.kauffman.org/what-we-do/resources/entrepreneurship-policy-digest/the-importance-of-young-firms-for-economic-growth

In: Economics

As a new analyst, you have calculated the following annual rates of return for the stocks...

As a new analyst, you have calculated the following annual rates of return for the stocks of both Lauren Corporation and Kayleigh Industries.
Year Lauren’s Rate of Return Kayleigh’s Rate of Return
2007 5 5
2008 12 15
2009 −11 5
2010 10 7
2011 12 −10
Your manager suggests that because these companies produce similar products, you should continue your analysis by computing their covariance and coefficient of correlation. Calculate covariance and correlation for both companies and explain, would the combination of the common stock of Lauren and Kayleigh be good for diversification?

In: Finance

A company has the following financial information: year Labour (in hours) machine costs (in $) 2009...

A company has the following financial information:

year

Labour

(in hours)

machine costs

(in $)

2009

         1,200

103,266

2010

         1,225

110,216

2011

         1,100

    97,579

2012

         1,050

    94,581

2013

         1,160

111,762

2014

         1,200

115,786

2015

         1,350

136,476

2016

         1,380

141,852

2017

         1,250

128,679

2018

         1,270

135,334

2019

         1,220

132,222

Required


Using the high-low method, what are the estimated machine costs

  1. if there are 1,100 Labour hours?
  2. if there are zero Labour hours?
  3. What is a significant drawback to using the High-low method to calculate costs at zero labour hours?

In: Accounting

Remember, to be persuasive, you must use facts and logic. Identify the sources of information that...

Remember, to be persuasive, you must use facts and logic. Identify the sources of information that you use, and don’t draw general conclusions from specific incidents.

The 2010 Supreme Court ruling in United States v. Comstock made it permissible to use civil commitment to further detain sexually dangerous offenders beyond their date of scheduled release. This means that a person can be convicted, sentenced, serve their entire sentence and be scheduled for release but still detained.

In your post, discuss what is supposed to be accomplished by this further detainment and how this detainment may be terminated. What are some of the requirements of this detainment, and are these requirements justifiable?

In: Accounting

The table below shows the murder rate per 100,000 residents for a large American city over...

The table below shows the murder rate per 100,000 residents for a large American city over a twelve-year period.

Year 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Rate 8.8 7.1 7.2 6.8 6.4 7.1 5.8 6.1 5.4 6.2 6.1 4.9
Enter the coefficients of the regression line for this data, rounding each to two decimal places:
Slope: Intercept:
Use your regression line (with rounded coefficients) to estimate this city’s murder rate in 2012. Round your answer to the nearest tenth.
Estimate:

In: Statistics and Probability