2023 Assume that a set of test scores is normally distributed with a mean of 120 | Assignments Online

  

Assume that a set of test scores is normally distributed with a mean of

120 and a standard deviation of

5. Use the​ 68-95-99.7 rule to find the following quantities.The percentage of scores greater than

125

125 is

The percentage of scores between

110

110 and

125

125 isnothing

Given the formula A = P (1 + r/k)n compute A (rounded to two decimal places) if P = 10,000, r = 0.08, k = 2, and n = 12.

Substituting the given values into the equation:

A = (10000)(1 + 0.08/2)^12

A = (10000)(1 + 0.04)^12

A = (10000)(1.04)^12

A = (10000)(1.601032)

Construct the confidence interval for the population mean μ.c=0.90​, x=8.2​, σ=0.8​, and n=41

The margin of error is:

XYZ, an equal three-person partnership, has cash of $9,000 and securities of $15,000 (FMV) with an adjusted basis of $33,000 to the partnership. Assume that Z sells his interest to V for $8,000. If the new partnership subsequently sells the securities when the FMV is $9,000, what must partner V include in taxable income if a Section 754 election is in effect?$0

$2,000 loss

$5,000 loss

$8,000 loss

D gave each of his children, T and B, a 20% interest in his bookkeeping firm. T, aged 16, is a minor and still in high school. B, aged 22, attends college in another state and is interested in the business, D gave the 20% partnership interest to B under the terms that B cannot sell or pledge her interest in the firm without her father’s written approval. Which of the children, if any, is in partnership with D?B is a partner because T, as a minor, cannot be a partner.

D did not create a partnership with his children.

D, T, and B will be considered as partners in a family partnership.

T is a partner because B has a restricted right to dispose of her interest.

Which of the following statements is true concerning a transitory allocation?

An income chargeback is not a transitory allocation.

The IRS assumes that income chargebacks are substantial.

The IRS does not respect any gain chargebacks as being substantial

A gain chargeback is a transitory allocation.

A partnership has the following assets and liabilities. The book basis and the tax basis are the same amount.Building Basis $90,000 Value $92,000

Accounts payable Basis $8,000 Value $8,000

Note payable Basis $85,000 Value $85,000

If the note payable is a nonrecourse mortgage on the building, what is the amount of the minimum gain?

$1,000 

$2,000 

$3,000 

$0 

A soft drink machine outputs a mean of 27 ounces per cup. The machine’s output is normally distributed with a standard deviation of 3 ounces. What is the probability of putting less than 30 ounces in a cup?