Question: A recent poll of 285 New Jersey residents indicated that 203 plan to vote in the next election.  

  a) Find a 99 % confidence interval for the population proportion of New Jersey resident who plan to vote in the next election. Show all calculations.

  b) Find a 90% confidence interval for the population proportion of New Jersey residents who plan to vote in the next election. Show all calculations.

A programmer plans to develop a new software system. In planning for the operating system that he will? use, he needs to estimate the percentage of computers that use a new operating system. How many computers must be surveyed in order to be 90?% confident that his estimate is in error by no more than four percentage points? B) Assume that a recent survey suggests that about 91?% of computers use a new operating system

Your organization currently has a defined contribution pension plan with employees contributing up to 3% with a company match. Effective with the first pay of the new year, new employees will no longer be enrolled in that plan. Instead, they will be enrolled in the new Group Registered Retirement Savings Plan (RRSP) with the same contribution options. In your own words, explain the difference in the T4 information slip reporting for these two groups of employees.

1. Husky Corporation recently entered into an exchange to acquire new equipment to be used in its manufacturing process. The new equipment had a fair value of $200,000. In exchange for the new equipment, Husky traded in existing equipment that had an original cost of $300,000, and accumulated depreciation of $240,000, plus paid cash of $125,000. Record the journal entry for this exchange assuming that the exchange:
   1. Has commercial substance

B.Lacks commercial substance

COMMENT ON POST

Management of a company want to take a bath in the first year, because this poor performance could be passed in the previous management. The results of the first year of a new management are still linked to the decisions of the previous management and this is a great opportunity for new management to blamed their mistakes in the previous one. Also taking a bath in the first year will allow the new management to most likely show improvements in the second year that it will be for their benefit.

New York City started using rent control after WWII in an effort to create affordable housing. New York City is known for high rents for everyone not receiving rent control, and for the small size of the majority of apartments. How has New York City’s policy of rent control created these conditions? Should cities institute rent controls to help lower-income households afford housing?

A clinical trial evaluates a new compound designed to improve wound healing in trauma patients. The new compound is compared against a placebo. After treatment for 5 days with the new compound or placebo, the extent of wound healing is measured and the data are shown in table 7-51. Is there a difference in the extent of wound healing by treatment? Run the appropriate test at a 5% level of significance. (Hint : Are treatment and the percent of wound healing independent?

The government has implemented a new policy to support the price of barley at $5.68/bu. If the barley market equilibrium price is $3.52/bu, the equilibrium quantity of barley is 1,117.00 million bu, the elasticity of supply is 0.3, and the elasticity of demand is -0.75, then what is the new quantity supplied and the new quantity demanded at the support price? How much barley would the government need to buy to keep the price supported at $5.68/bu?