Question 1scores are obtained from law school admission

Assignment Help Cost Accounting
Reference no: EM13370355

Question 1
Scores are obtained from Law School Admission Test are normally distributed with a mean score of 550 and a standard deviation of 110.

If a test score is chosen at random, determine the probability that it is less than 750.
If the top 15 percent of the test scores are usually good enough for admission to law school, evaluate the cut off score for gaining admission.


Question 2:
Consider that female students' heights are normally distributed with a mean provided by µ = 64.2 in. and a standard deviation given by σ = 2.6 in.

If one female student is randomly picked, determine the probability that her height is above 63.0 in.
If 100 female students are randomly picked, evaluate the probability that they have a mean height greater than 63.0 in.


Question 3:
As part of his review for a chemistry test, a student randomly picks (without replacement) 40 out of 102 elements listed on the standard tables, and tries to guess their atomic numbers. Provided that the mean of all 102 atomic numbers is 51.794, and the population standard deviation is 29.804, Find the probability that the mean of the 40 atomic numbers selected by the student will be at least 58.3?


Question 4:
A random sample of 250 Ontario households by natural gas heating show that the mean monthly consumption of gas is 107.73 cu. ft., with a standard deviation of 13.94 cu. ft. Use these statistics to prepare a 94% confidence interval for the mean monthly consumption for the population of all Ontario households.

Question 5:
A psychologist has to prepare a new test of spatial perception, and she wants to evaluate the mean score achieved by male pilots. How many people must she test if she wants sample mean to be in error by no more than 2.0 points, with 95 percent confidence? An earlier study suggests that σ = 21.2.


Question 6:
In a study relating amounts of time required for room service delivery at a newly opened Radisson Hotel, 20 deliveries had a mean time of 24.2 min and a standard deviation of 8.7 min. The sample data seems to have a bell-shaped distribution. Evaluate the 90 percent confidence interval for the mean time of all deliveries.

Reference no: EM13370355

Questions Cloud

Q the cash account for santiago co on 31st may 2009 : q the cash account for santiago co. on 31st may 2009 indicated a balance of 15515.00. the march bank statement shown an
Requirement 1for material glass cost suppose the average : requirement 1for material glass cost suppose the average cost per pound is based on table cost per batch divided by the
Companys annual report for its 2008 fiscal yearthen answer : companys annual report for its 2008 fiscal year.then answer the following questionsexplain and evaluate the companys
A citys enterprise fund issued revenue bonds with a face : a citys enterprise fund issued revenue bonds with a face value of 10000000. the bonds were issued with a 2 percent
Question 1scores are obtained from law school admission : question 1scores are obtained from law school admission test are normally distributed with a mean score of 550 and a
Laine and emma form the equal el partnership emma : laine and emma form the equal el partnership. emma contributes cash of 100000. laine contributes property with an
Accounting firm has noticed that of companies it audits 85 : accounting firm has noticed that of companies it audits 85 percent show no inventory shortages 10 percent show small
Standard cost sheet massage chairmetal tubing 6 meters 3 : standard cost sheet massage chairmetal tubing 6 meters 3 18.00leather 2 square meters 7 14.00padding 3 kilograms 4
In 2012 harry a self-employed accountant travels from : in 2012 harry a self-employed accountant travels from kansas city to miami for a 1-week business trip. while in miami

Reviews

Write a Review

Cost Accounting Questions & Answers

  Create journal entries for company abc

These dividends are paid on 7/1/12. For period of 1/1/12 to 12/31/12 Company XYZ has a net loss of $600,000 and market price of its shares is $12 for each share.

  Evaluate medical expense deduction

Dotty's insurance company reimbursed therefore $8,800 of these expenses. If Dotty's AGI is $47,200, evaluate her medical expense deduction.

  Production and sale of the electronic magnets

The theory of constraints focuses on maximizing the rate of throughput contribution while minimizing investment and other operating costs.

  Compute return on stockholders equity for both firms

Interpreting results from the Du Pont system of analysis - assume the following data for Cable Corporation and Multi-Media, Inc

  Questionthe project paper focuses on a suggested topic

questionthe project paper focuses on a suggested topic related to art architecture music history or literature. the

  The rite-way plumbing co began business march 1 2006 in

the rite-way plumbing co. began business march 1 2006 in sarasota. its business address is 124 division lane sarasota

  Gain realized on the sale of the assets

The gain realized on the sale of the assets and the balances in the partners-2019 capital accounts after the distribution of this gain or loss to the capital accounts.

  Internal rate of return and company

Calculate the Net Present Value and Internal Rate of Return and company is considering the acquisition of equipment that would radically change its manufacturing process.

  Measure the income of a business enterprise

Describe the factors to be considered in determining when revenue should be recognized in measuring the income of a business enterprise and describe the accounting alternatives that Bonanza Trading Stamps, Inc. could consider for the recognition o..

  Compute fredas passive loss deduction and passive loss

Freda acquired a passive activity this year for $870,000. Gross income from operations of the activity was $160,000. Operating expenses, not including depreciation, were 122,000. Regular income tax depreciation of $49,750 was computed under MACRS.

  Allocated fixed cost

Computer Boutique sells computer equipment and home office furniture. Currently, the furniture product line takes up approximately 50% of the company's retail floor space.

  Which one of the following reflects the controllable margin

Which one of the following reflects the controllable margin for the year - Safety Seats Co. recorded operating data for its shoe division for the year.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd