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The following data were collected on scores (out of a possible 100) for a pretest in quantitative methods. Using Excels statistical functions complete the following questions.
ArrivalsData Set 1 Data Set 295 75 68 45 25 18102 67 65 62 17 1599 87 94 49 37 5488 120 81 48 70 31100 71 104 50 21 54
a. What are the means for the two data sets?b. What are the medians for the two data sets? Is there a difference or similarity between the mean and the median? Explain the similarity or difference?c. What are the standard deviations for each of the data set?d. Construct a histogram for each data set, using 5 as your class width and starting with 60 as your lowest class for data set 1 and 10 for data set 2.e. Relate the standard deviation you calculated in part c to your.
Select the component of audit risk(a,b,c and d - below) that is most directly illustrated. The components may be used once, more than once, or not at all.
A company purchases 300 shares of its $100 par value stock at $110 per share. It then reissues 50 shares at $115 per share. The entry upon re-issuance of the stock would include a
What are the primary information needs of each manager - a large green question mark on a white frocked tennis ball.
You are considering an investment in Bank of America (BAC, NYSE). From your analysis, you believe this stock should be valued so as to produce a 9.5 percent long-term rate of return.
Discuss the validity of Charles Candy's stated views about the how your firm should approach its audit of the financial statements of Jonp Limited.
Is this a subsequent event or a subsequent discovery of facts?
Explain the key audit tests which would normally ensure that such a fraud as that perpetrated by Mr A Long would be detected and discuss the implications of the signing of the 'confidentiality' agreement by the auditor.
There are three stages of the audit in which analytical procedures are performed. Identify one of these three stages and discuss the purpose of performing analytical procedures in that stage.
In 1993, President Carlos Salinas de Gortari proposed a bill that would formally grant the Bank of Mexico-As an investor, how would you view such a proposal? What other changes might help to amplify the signals sent by this proposal?
Auditing the legal Expenses to attorneys representing policy holders - Determine why legal expenses were high and who was responsible.
What internal controls components are common among long-term assets and liabilities, and equity accounts? What components are unique to each? How can an auditor assess these controls?
What are the significant judgment areas that affect the current year financial statements? Briefly summarize the major judgment areas for these companies, and comment on any differences that you observe.
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