New legislation passed in 2017 by the U.S. Congress changed tax laws that affect how many people file their taxes in 2018 and beyond. Thesetax law changes will likely lead many people to seek tax advice from their accountants (The New York Times). Backen and Hayes LLC is anaccounting firm in New York state. The accounting firm believes that it may have to hire additional accountants to assist with the increaseddemand in tax advice for the upcoming tax season. Backen and Hayes LLC has developed the following probability distribution for = number ofnew clients seeking tax advice.Excel File: data05-19.xlsxa. Is this a valid probability distribution?YesX20253035404550f(x)0.050.200.250.150.150.100.10 gnmentb. What is the probability that Backen and Hayes LLC will obtain 40 or more new clients (to 2 decimals)?.35c. What is the probability that Backen and Hayes LLC will obtain fewer than 35 new clients (to 2 decimals)?0.50d. Compute the expected value, variance, and standard deviation of * (to 2 decimals).Expected valueVarianceStandard Deviation33.751211.28.50

From the provided information, The table is as follow: x f(x) 20 0.05 25 0.20 30 0.25 35…

Answered: New legislation passed in 2017 by the…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Similar questions

Please answer a, b, c and d
Official unemployment rates for the U.S. population are reportedon a monthly basis by the Bureau of Labor Statistics.For the period October, 2011, through January, 2012, theofficial unemployment rates were 8.9% (Oct.), 8.7% (Nov.),8.5% (Dec.), and 8.3% (Jan.). (Source: U.S. Bureau of LaborStatistics, www.bls.gov.) If the unemployment rateswere to continue to decrease following a linear model,(a) predict the unemployment rate on January, 2013.(b) predict when the United States would reach a zero unemploymentrate.
he Internal Revenue Service (IRS) provides a toll-free help line for taxpayers to call in and get answers to questions as they prepare their tax returns. In recent years, the IRS has been inundated with taxpayer calls and has redesigned its phone service as well as posting answers to frequently asked questions on its website (The Cincinnati Enquirer, January 7, 2010). According to a report by a taxpayer advocate, callers using the new system can expect to wait on hold for an unreasonably long time of 15 minutes before being able to talk to an IRS employee. Suppose you select a sample of 50 callers after the new phone service has been implemented; the sample results show a mean waiting time of 13 minutes before an IRS employee comes on line. Based upon data from past years, you decide it is reasonable to assume that the standard deviation of waiting times is 11 minutes. Use alpha=.05 b. What is the p-value (to 4 decimals)?
Politifact reported that on September 29, 2015, Cecile Richards, then president of Planned Parenthood, was testifying before Congress. Rep. Jason Chaffetz (R, Utah) accused Ms. Richards of misusing the $500 million in annual funding that her organization receives from the federal government. Congressman Chaffetz presented the following chart from Americans for Life. He explained, “In pink, that’s the reduction in the breast exams, and the red is the increase in the abortions. That’s what’s going on in your organization?” Here is the chart: PlannedParenthood.png Does this chart present an honest representation of the data, or is it misleading? Explain your answer. If this chart misleading, are the congressman and the Americans United for Life (the creators of the chart) knaves or fools?
In 2017, Lubersec Inc. made $500,000 in sales, the sales returns and allowances were $60,000, the operating expenses were $260,000, the beginning inventory was $19,000, the net purchases were $81,000, and the ending inventory was $31,000. What was the company's 2017 gross profit? O a. $180,000 O b. $371,000 O c. $111,000 O d. $431,000 P Type here to search 24 esc 12 -
Internal auditors are often used to review an organization’s financial statements, such as balance sheets, income statements, and cash flow statements, prior to public filings. Auditors seek to verify that the financial statements accurately represent the financial position of the organization and that the statements follow accepted accounting principles. Many errors that are discovered by auditors are minor errors that are easily corrected. However, some errors are serious and require substantial time to rectify. Suppose that the financial statements of 567 public companies are audited. The following table contains the number of errors discovered during the internal audit of each of 567 these public companies that were classified as “serious.” Number of Serious Errors (x) Frequency 0 237 1 93 2 52 3 40 4 80 5 56 6 7 Number of Serious Errors (x) Frequency Probability f(x) 0 237 1 93 2 52 3 40 4 80…
Juanita was involved in an auto accident in which she was at fault. Her own car sustained $1,249 damages and the other vehicle cost $1,500 to repair. Juanita was not injured, but the driver of the other car required medical treatment costing $17,606 and a passenger's injuries totaled $11,995. Juanita's policy includes 10/20/5 liability, $500 deductible collision and $100 deductible comprehensive. How much of the damages must Juanita pay (in $)?
You may need to use the appropriate appendix table or technology to answer this question. Advertisers contract with internet service providers and search engines to place ads on websites. They pay a fee based on the number of potential customers who click on their ad. Unforțunately, click fraud-the practice of someone clicking on an ad solely for the purpose of driving up advertising revenue–has become a problem. Businessweek reports that 4C percent of advertisers claim they have been a victim of click fraud. Suppose a simple random sample of 390 advertisers will be taken to learn more about how they are affected by this practice. (Round your answers to four decimal places.) (a) What is the probability that the sample proportion will be within ±0.04 of the population proportion experiencing click fraud? (b) What is the probability that the sample proportion will be greater than 0.45?
Felicia is an unmarried college student with no dependents.Last year,she made $17,000 working parttime as a teacher aide.Each year she files taxes as Single, takes a standard deduction of $5700,and claims only herself as an exemption for $3650.Based on this information,what tax bracket does Felicia fall into?
This question has 2 parts.
As the sales manager for a company manufacturing and selling standard and deluxe computer components, you have been asked by the president to prepare the following chart for the shareholders' meeting next week. Use the six-month sales report below as the database. Calculate totals as required. January February March April May June Standard Deluxe Standard Deluxe Standard Deluxe Standard Deluxe Standard Deluxe Standard Deluxe Northwest $125,200 $87,400 $117,800 $74,700 $135,400 $92,100 $138,700 $93,600 $114,900 $66,300 $137,000 $79,400 Northeast $215,700 $123,300 $229,400 $135,100 $247,600 $166,800 $240,000 $155,200 $267,100 $187,000 $280,300 $192,100 Southwest $88,300 $49,000 $72,100 $43,700 $97,700 $56,300 $104,000 $65,800 $125,000 $76,300 $130,400 $72,500 Southeast $144,200 $89,700 $150,900 $92,300 $159,400 $95,500 $128,700 $71,300 $146,700 $80,400 $163,000 $89,600
Reliable Furniture is a family business that has been selling to retail customers in the Oakville area for many years. It advertises extensively on radio and TV, emphasizing their its prices and easy credit terms. The owner would like to review the relationship between sales and the amount spent on advertising. Below is information on sales and advertising expense for the last four months. Ad Exp. Sales Rev. Month ($ in 000) ($ in 000) July 2 7 August 1 3 September 3 8 October 4 10 G-9 B continued Questions from G-9 e) Reproduce the excel output manually. f) Interpret the strength of the correlation coefficient. g) Determine the coefficient of determination. Interpret. h) Test the significance of the Coefficient of Correlation i) Test the significance of the slope coefficients of the regression equation.

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