[9 marks] The following data show the costs charged by a tax preparation service for a...
[9 marks]
The following data show the costs charged by a tax preparation service for a random sample of 16 tax returns.
$125 $95 $142 $110 $90 $115 $162 $118 $98 $65 $140 $154 $103 $78 $90 $115
- Construct a 98% confidence interval estimate for the true average cost charged by this tax preparation service. You may assume that the costs charged follow a normal distribution. (7 marks)
- The company that offers the tax preparation service claims that their average cost for preparing a tax return is $100. At this level of confidence, does this sample result suggest that their claim may not true? Justify your answer. (2 marks)
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[9 marks]
The following data show the costs charged by a tax preparation
service for a...
R&R Tax Service offers tax and consulting services to individuals and small businesses. Data for fees...
R&R Tax Service offers tax and consulting services to individuals and small businesses. Data for fees and costs of three types of tax returns follow. R&R provides services in the ratio of 4:4:2 (easy, moderate, business). Fixed costs total $14,520 for the tax season. Type of Return Easy (form 1040EZ) Moderate (form 1040) Business Fee Charged $ 56 131 281 Variable Cost per Return $ 33 78 103 Fee Charged Total per composite unit (1) Determine the selling price per...
R&R Tax Service offers tax and consulting services to individuals and small businesses. Data for fees...
R&R Tax Service offers tax and consulting services to individuals and small businesses. Data for fees and costs of three types of tax returns follow. R&R provides services in the ratio of 3:3:4 (easy, moderate, business). Fixed costs total $25,110 for the tax season. Type of Return Easy (form 1040EZ) Moderate (form 1040) Business Fee Charged $ 30 105 255 Variable Cost per Return $ 20 65 90 Fee Charged Total per composite unit (1) Determine the selling price per...
data: (copy and paste in excel to view columns in alignment) Sample Repair Time (days) 1 ...
data: (copy and paste in excel to view columns in alignment)
Sample Repair Time (days)
1 12
2 17
3 9
4 16
5 10
6 18
7 12
8 14
9 15
10 14
11 14
12 8
13 11
14 10
15 8
16 8
17 14
18 12
19 14
20 13
21 12
22 15
23 15
24 10
25 24
26 17
27 13
28 15
29 13
30 15
31 36
32 40
33 ...
Please answer the marked questions.......... Please show your work............. you know that th 100, at the...
Please answer the marked questions..........
Please show your work.............
you know that th 100, at the b. Repeat part (a) assuming that ulation standard deviation is ơ the conclusions produced (a) assuming that you know that the n standard deviation is ơ 3( In art c. Explain why arts (a) and (b) are virtually identical, the interval estimate produced in narrower than that in part (a). why ling 1,000 membersofa normal popula- Applications nd 15,500 ands 9,950. Estimate The following...
QUESTION 7 The data set Beer Large, which can be found in StatCrunch Shared Data Sets,...
QUESTION 7 The data set Beer Large, which can be found in StatCrunch Shared Data Sets, gives the Alcohol, Carbohydrates and Calories for different brands of beer. The explanatory variable is x + Carbohydrates and the response variable is Y - Calories. Use this information to answer: Calculate the correlation between carbohydrates and calories. (4 decimal places) Row vars varo var var 8 var9 var 10 2 الميا ABV 4.1 5.4 4.43 4.13 5.9 4.9 Carbs 2.6 13.7 5.8 5...
Which of the following are typically included in the bank account reconciliation? Bank service charges Outstanding...
Which of the following are typically included in the bank account reconciliation? Bank service charges Outstanding checks Deposits in transit All of the above Which of the following is included in the Statement of Activities? Total fundraising expenses Cash in back Cash flows from investing activites None of the above Which of the following is an example of a source document? Volunteer time sheet Purchase order Donor pledge card All of the above Costs of operating a vehicle for both...
A company sells medical supplies to hospitals and healthcare facilities that are mostly located in the...
A company sells medical supplies to hospitals and healthcare facilities that are mostly located in the Michiana region. The company has 150 employees, and it is about to decide whether part of them should be encouraged to work remotely, and if so, how many employees should do that. There are many aspects to be analyzed such as productivity and collaboration, but you will focus on the costs of space and IT at the company’s main office versus the costs of...
33 On May 6, Jim Ryan borrowed $14,000 from Lane Bank at 7 % interest. Jim...
33 On May 6, Jim Ryan borrowed $14,000 from Lane Bank at 7 % interest. Jim plans to repay the loan on March 11. Assume the loan is on ordinary interest. How much will Jim repay on March 11? (Use Days in a year table) (Round your answer to the nearest cent.) Jm repay etbook 7-1 TABLE Exact days-in-a-year calendar (excluding leap year)" Day of month 30 31 30 31 28 31 30 31 31 30 31 31 Dec Mar...
Home Insert Draw Page Layout Formulas Data Review View Help Tell me what you want to...
Home Insert Draw Page Layout Formulas Data Review View Help Tell me what you want to do = = ). General Calibri B I 11 . Font - A A . .A. Wrap Text Merge & Center. U $ . % * 3 Alignment Number Clipboard R14 4. A . B C D G H nter the last 4 digits of your student ID number 4 Name/s: 7 Save this file in EXCEL FORMAT as: P2 Lastname 8 Round all...
Need help with b,c and d. A30 fx III. A B с 78 79 TOTAL LIABILITIES...
Need help with b,c and d.
A30 fx III. A B с 78 79 TOTAL LIABILITIES 80 81 b) In the next 3 months the following accounting events happened to the company (the VAT is 25% in each 82 event wherever it is possible). Record the accounting events in the books! (24p) 83 84 85 86 1. The owners opened a bank account and paid 300.000 K HUF in as a startup capital to launch the business. 87 88 2....
R&R Tax Service offers tax and consulting services to individuals and small businesses. Data for fees and costs of three types of tax returns follow. R&R provides services in the ratio of 4:4:2 (easy, moderate, business). Fixed costs total $14,520 for the tax season. Type of Return Easy (form 1040EZ) Moderate (form 1040) Business Fee Charged $ 56 131 281 Variable Cost per Return $ 33 78 103 Fee Charged Total per composite unit (1) Determine the selling price per...
R&R Tax Service offers tax and consulting services to individuals and small businesses. Data for fees and costs of three types of tax returns follow. R&R provides services in the ratio of 3:3:4 (easy, moderate, business). Fixed costs total $25,110 for the tax season. Type of Return Easy (form 1040EZ) Moderate (form 1040) Business Fee Charged $ 30 105 255 Variable Cost per Return $ 20 65 90 Fee Charged Total per composite unit (1) Determine the selling price per...
data: (copy and paste in excel to view columns in alignment)
Sample Repair Time (days)
1 12
2 17
3 9
4 16
5 10
6 18
7 12
8 14
9 15
10 14
11 14
12 8
13 11
14 10
15 8
16 8
17 14
18 12
19 14
20 13
21 12
22 15
23 15
24 10
25 24
26 17
27 13
28 15
29 13
30 15
31 36
32 40
33 ...
Please answer the marked questions..........
Please show your work.............
you know that th 100, at the b. Repeat part (a) assuming that ulation standard deviation is ơ the conclusions produced (a) assuming that you know that the n standard deviation is ơ 3( In art c. Explain why arts (a) and (b) are virtually identical, the interval estimate produced in narrower than that in part (a). why ling 1,000 membersofa normal popula- Applications nd 15,500 ands 9,950. Estimate The following...
QUESTION 7 The data set Beer Large, which can be found in StatCrunch Shared Data Sets, gives the Alcohol, Carbohydrates and Calories for different brands of beer. The explanatory variable is x + Carbohydrates and the response variable is Y - Calories. Use this information to answer: Calculate the correlation between carbohydrates and calories. (4 decimal places) Row vars varo var var 8 var9 var 10 2 الميا ABV 4.1 5.4 4.43 4.13 5.9 4.9 Carbs 2.6 13.7 5.8 5...
33 On May 6, Jim Ryan borrowed $14,000 from Lane Bank at 7 % interest. Jim plans to repay the loan on March 11. Assume the loan is on ordinary interest. How much will Jim repay on March 11? (Use Days in a year table) (Round your answer to the nearest cent.) Jm repay etbook 7-1 TABLE Exact days-in-a-year calendar (excluding leap year)" Day of month 30 31 30 31 28 31 30 31 31 30 31 31 Dec Mar...
Home Insert Draw Page Layout Formulas Data Review View Help Tell me what you want to do = = ). General Calibri B I 11 . Font - A A . .A. Wrap Text Merge & Center. U $ . % * 3 Alignment Number Clipboard R14 4. A . B C D G H nter the last 4 digits of your student ID number 4 Name/s: 7 Save this file in EXCEL FORMAT as: P2 Lastname 8 Round all...
Need help with b,c and d.
A30 fx III. A B с 78 79 TOTAL LIABILITIES 80 81 b) In the next 3 months the following accounting events happened to the company (the VAT is 25% in each 82 event wherever it is possible). Record the accounting events in the books! (24p) 83 84 85 86 1. The owners opened a bank account and paid 300.000 K HUF in as a startup capital to launch the business. 87 88 2....
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