7.1.37 – Two Standardized Tests
MyStatLab
Pearson
Gives mean and standard deviation for two different tests and asks for z scores and higher relative scores.
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Gives mean and standard deviation for two different tests and asks for z scores and higher relative scores.
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They give a mean and a standard deviation and ask to choose the appropriate bell curve and ask what percent is over a value, between, IQR, and highest X percent.
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Gives the mean and standard deviation for highway driving and asks to draw the model, find the central 95%, 95.7%, more than X mpg, between two mpg, best and worst 2.5% mpg. Uses 68 – 95 – 99.7 rule.
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For a number of trading days, gives the mean stock price and standard deviation. Asks above a certain price, below, between, and which is more unusual.
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Record the expenditures related to the vehicle, prepare a depreciation schedule (straight-line method), record the expenditures related to the vehicle maintenance, and record the depreciation expense and any other adjustments.
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Prepare the following budgets and other financial information as required.
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Prepare journal entries, partial balance sheets, evaluate the allowance of uncollectables, create a partial income statement with sales revenues, cost of goods sold, and gross profit. Calculate cost of goods sold and ending inventory using FIFO.
Then, using information about the net realizable value, reestimate the partial income statement and balance sheets. Finally, create a depreciation schedule showing depreciation and book values and record adjusting entries for depreciation and insurance.
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Find the correct balance of cash and cash equivalents to be reported in the current asset section of the balance sheet.
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Given cash in the bank, treasury bills, cash on hand, and customer checks… find the cash balance for the balance sheet.
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Given cash balances for four different banks… prepare the current assets and current liabilities section of the balance sheet under both U.S. GAAP and IFRS.
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