1. Which of the next
describes a constructive linear relationship between X and Y?
a. Because the X values improve, the Y values
improve in a linear method.
b. Because the X values lower, the Y values
lower in a linear method.
c. The X and Y values transfer uphill collectively in a
linear method.
d. All
of those decisions are true.
2. Which of the next is a property of the
slope, b1?
a. The slope equals one if X and Y have the identical
variance.
b. The
slope has the identical signal as r, the coefficient of correlation.
c. The slope equals one if r equals one.
d. All of those decisions are true.
three. Dividends per share:
a. improve as the web revenue will increase as lengthy
because the variety of shares excellent stays fixed.
b. lower because the variety of shares excellent
lower, all else fixed.
c. are inversely associated to the earnings per
share.
d. are primarily based upon the dividend necessities
established by Typically Accepted Accounting Procedures.
e. are
equal to the quantity of web revenue distributed to shareholders divided by the
variety of shares excellent.
Four. What’s the current worth of 10 annual
funds of $500 at a reduction price of 12%?
a. $1,332
b. $1,761
c. $1,840
d.
$2,825
e. $three,040
5. It is the top of the accounting interval and no
electrical invoice has been acquired (however the expense has been incurred) it is best to
report an entry that:
a. will increase the overall belongings and will increase the
complete bills.
b. decreases the overall liabilities and will increase
the overall bills.
c.
will increase the overall liabilities and will increase the overall bills.
d. decreases the overall belongings and will increase the
complete bills.
6. Tools with a value of $150,000 has an
amassed depreciation of $50,000. What’s the historic value of the
gear?
a. $50,000
b. $200,000
c. $150,000
d. $100,000
7. Collected Depreciation is discovered on which of
the next monetary statements?
a. Assertion of Proprietor’s Fairness
b. revenue assertion
c. Steadiness sheet
d. All
of those solutions are appropriate.
eight. Mark’s Tree Service depreciation for the
month is $500. The adjusting journal entry is:
a.
Depreciation Expense 500 Tools 500
b. Depreciation Expense 500 Collected
Depreciation 500
c. Collected Depreciation 500 Depreciation
Expense 500
d. Tools 500 Collected Depreciation 500
9. Which of the next entries would report
the fee of a utility invoice?
a. Accounts Payable, debit; Utilities Expense,
credit score
b. Utilities Expense, debit; Accounts Payable,
credit score
c.
Utilities Expense, debit; Money, credit score
d. Money, debit; Utilities Expense, credit score
GPA and Class
A statistics professor classifies his college students
in line with their grade level common (GPA) and their class rank. GPA is on a
Zero.Zero-Four.Zero scale, and sophistication rank is outlined because the beneath class (freshmen and
sophomores) and the higher class (juniors and seniors). One scholar is chosen
at random.
GPA
Class Beneath 2.Zero 2.Zero – three.Zero Over three.Zero
Beneath Zero.05 Zero.25 Zero.10
Higher Zero.10 Zero.30 Zero.20
Class
Beneath 2.Zero
2.Zero â three.Zero
Over three.Zero
Complete
Beneath
Zero.05
Zero.25
Zero.10
Zero.40
Higher
Zero.10
Zero.30
Zero.20
Zero.60
Complete
Zero.15
Zero.55
Zero.30
1.Zero
10. If the coed
chosen is within the higher class, what’s the likelihood that her GPA is between
2.Zero and three.Zero?
11. What’s the
likelihood that the coed is within the decrease class and has GPA over three.Zero?
Actual Property
The joint likelihood distribution of variables
X and Y is proven within the desk under. Amber and Bianca are actual property brokers.
Let X denote the variety of homes that Amber will promote in a month, and let Y
denote the variety of homes Bianca will promote in a month.
X
Y 1 2 three
1 Zero.30 Zero.18 Zero.12
2 Zero.15 Zero.09 Zero.06
three Zero.05 Zero.03 Zero.02
X/Y
1
2
three
1
Zero.30
Zero.18
Zero.12
2
Zero.15
Zero.09
Zero.06
three
Zero.05
Zero.03
Zero.02
12. Actual Property Narrative Decide the
marginal likelihood distribution of X.
13. Actual Property Narrative Calculate E(X) and
E(Y).
X
Marginal dist. Of X
E (X)
1
Zero.5
Zero.50
2
Zero.three
Zero.60
three
Zero.three
Zero.90
Lamps Lifetime
A sure model of flood lamps has a lifetime
that has a traditional distribution with a imply of three,750 hours and a normal
deviation of 300 hours.
14. Lamps Lifetime Narrative What quantity
of those lamps will final lower than three,600 hours?
15. What quantity of those lamps will final between three,800 and
Four,100 hours?
Senior Residents
A pattern of 50 senior residents is drawn at random
from a traditional inhabitants whose imply age and normal deviation are 75 and 6
years, respectively.
16. Senior Residents Narrative What’s the
likelihood that the imply age is at most 73 years?
17. In a given
12 months, the common annual wage of a NFL soccer participant was $205,000 with a
normal deviation of $24,500. If a easy random pattern of 50 gamers was
taken, what’s the likelihood that the pattern imply will exceed $210,000?
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