Reference no: EM13747075
Managerial accounting:
After reflecting on what you have learned and how you have benefited by taking managerial accounting, write a minimum one page response to the questions below. Make sure to address the critical elements so you will be successful in completing this assignment.
Please answer the following questions in your paper:
1. Reflect and describe which key concepts and topics in this course have made you a stronger candidate to enter the business world.
2. Discuss how this course has affected you in your professional development as a student and as a person as well as encouraging you on your academic path.
Discrete Probability Distributions:
In the United States, voters who are neither Democrat nor Republican are called Independent. It is believed that 10% of all voters are Independent. A survey asked 25 people to identify themselves as Democrat, Republican, or Independent.
a. What is the probability that none of the people are Independent?
b. What is the probability that fewer than five people are Independent?
c. What is the probability that more than two people are Independent?
Continuous Probability Distributions:
Travelbus is an Internet-based travel agency wherein customers can see videos of the cities they plan to visit. The number of hits daily is a normally distributed random variable with a mean of 10,000 and a standard deviation of 2,400.
a. What is the probability of getting more than 12,000 hits?
b. What is the probability of getting fewer than 9,000 hits?
Inference about Comparing two Populations:
Xr13-08 A men's softball league is experimenting with a yellow baseball that is easier to see during night games. One way to judge the effectiveness is to count the number of errors. In a preliminary experiment, the yellow baseball was used in 10 games and the traditional white baseball was used in another 10 games. The number of errors in each game was recorded and is listed here. Can we infer that there are fewer errors on average when the yellow ball is used?
Chi Square Tests:
Xr15-48 Every week the Florida Lottery draws six numbers between 1 and 49. Lottery ticket buyers are naturally interested in whether certain numbers are drawn more frequently than others. To assist players, the Sun-Sentinel publishes the number of times each of the 49 numbers has been drawn in the past 52 weeks. The numbers and the frequency with which each occurred were recorded. (These data are from the Sunday, January 5, 1997, edition.)
a. If the numbers are drawn from a uniform distribution, what is the expected frequency for each number?
b. Can we infer that the data were not generated from a uniform distribution?
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Explain the relation of the project management
: Competitive wine companies have improved their order systems and are outperforming Grand Wines Ltd in terms of delivery speed, order accuracy, availability of ordered stock and overall customer satisfaction.
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Expected return and standard deviation
: You have $10,000 for investment. What are the expected return and standard deviation for a portfolio with an investment of $6,000 in asset X and $4,000 in asset Z?
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Exchange lacked commercial substance
: A machine cost $240,000, has annual depreciation expense of $48,000, and has accumulated depreciation of $120,000 on December 31, 2014. On April 1, 2015, when the machine has a fair value of $96,000, it is exchanged for a similar machine with a fair ..
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Conversion costs are added uniformly over production process
: The following unit data were assembled for the assembly process of the Super Co. for the month of June. Direct materials are added at the beginning of the process. Conversion costs are added uniformly over the production process. The company uses the..
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What is the probability of getting more than 12000 hits
: Travelbus is an Internet-based travel agency wherein customers can see videos of the cities they plan to visit. What is the probability of getting more than 12,000 hits
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Risks of incurring foreign tax in exporting goods
: Assess the risks of incurring foreign tax in exporting goods from the U.S. Based on your assessment, propose a strategy to minimize or eliminate the foreign tax risk.
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How revolution affect americans social equality
: How did the Revolution affect Americans' expectations regarding individual rights, social equality, and the role of women in American society?
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Currently considering several alternatives
: Bart and Kesha are in the 39.6% tax bracket. They are interested in reducing the taxes they pay each year. They are currently considering several alternatives. For each of the following alternatives, indicate how much tax, if any, they would save.
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Determine the ph of several common household items
: The objective of part A in an experiment is to determine the pH of several common household items with both an indicator and pH paper. Which is more accurate? What about part B? What result. Topic example: Topic 1: The strongest acid of the common h..
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