In a classic prisoner's dilemma game with money for prizes, players who cooperate with each other both earn good prizes. If, however, your opposing player cooperates but you do not (the term used is defect), you receive an even bigger payout and your opponent receives nothing. If you cooperate but your opposing player defects, he or she receives that bigger payout and you receive nothing. If you both defect, you each get a small prize. Because of this, most players of such games choose to defect, knowing that if they cooperate but their partners don't, they won't win anything. The strategies of U.S. and Chinese students were compared. The researchers hypothesized that those from the market economy (United States) would cooperate less (i.e., would defect more often) than would those from the nonmarket economy (China). Defect Cooperate China 31 36 United States 41 14 What is/are the variable(s) in this study and, if appropriate, what are the levels of any variables you identified?

Answers

Answer 1

Answer:

Check the explanation

Step-by-step explanation:

a. there are two categorical variables here:

region with two level : China and US

and cooperation with two level : Defect and cooperate.

b. Chi-square test for association can be used here since the variables are categorical in nature.

Chi-Square Test for Association: C6, Worksheet columns

Rows: C6 Columns: Worksheet columns

defect cooperate All

China 31 36 67

39.54 27.46

US 41 14 55

32.46 22.54

All 72 50 122

Cell Contents: Count

Expected count

Pearson Chi-Square = 9.985, DF = 1, P-Value = 0.002

Likelihood Ratio Chi-Square = 10.231, DF = 1, P-Value = 0.001


Related Questions

calculate the mean of 0,4,7,7,8,8,8,9,9,10​

Answers

Answer:

7

Step-by-step explanation:

The mean is the sum of all numbers divided by the total numbers been investigated

0+4+7+7+8+8+8+9+9+10 / 10 = 70/10 = 7

Answer:

The mean is 7

Step-by-step explanation:

mean=sum of the numbers/numbers mentioned

[tex]mean=\frac{0+4+7+7+8+8+8+9+9+10}{10}[/tex]

[tex]mean=\frac{70}{10}[/tex]

[tex]mean=7[/tex]

What is the slope of the line through (-7,-8)(−7,−8)left parenthesis, minus, 7, comma, minus, 8, right parenthesis and (0,4)(0,4)left parenthesis, 0, comma, 4, right parenthesis?

Answers

Answer:

12/7

Step-by-step explanation:

When given two points, we can find the slope by using

m = (y2-y1)/(x2-x1)

   = (4 - -8)/ (0 - -7)

    = (4+8) / (0+7)

   = 12/7

Answer:

The answer is 12/7

Step-by-step explanation:

I got this answer from Khan Academy.

Hope this helps! :)

goran sold t shirts and hats at a festival his total profit was 106 he made a $4 profit for each t shirt he sold. he also made a profit of $34 from selling hats how many t shirts did sell .
Write the answers in equation

Answers

Answer:

Total profit = $106

Profit made from hats = $34

Therefore to find the number of t-shirts sold

Total profit - Profit from hats = Profit from shirts

$106 - $34 = $72

And the made $4 from selling one shirt so to find the number of t-shirts sold,

*Profit of t-shirts - Profit made from one t-shirt = number of t-shirts

therefore, $72/$4= 18.

Therefore, Goran sold 18 t-shirts.

Which statement is a counterexample to the following conjecture?
All mammals are dogs.

A. A labrador retriever is a mammal.

B. All mammals have hair.

C. A spider is not a mammal.

D. A cat is a mammal.

Answers

Answer:

D. A cat is a mammal.

Step-by-step explanation:

Reason being is because a cat isn't a dog, yet it's still a mammal.

Answer:

c a spider is not a mammal

Step-by-step explanation:

i mean not all dogs r mammals i mean common sense

You roll a number cube once.

What is the theoretical probability that you roll a 5 or 2? Enter your answer as a simplified fraction.


The probability that you roll a 5 or 2 is____

Answers

Answer:

The probability that you roll a 5 or 2 is [tex]\frac{1}{3}[/tex]

Step-by-step explanation:

A probability is the number of desired outcomes divided by the number of total outcomes.

In this question:

There are 6 total outcomes(all numbers from 1 to 6).

The desired are 2, that is, rolling 2 or rolling 5.

p = 2/6 = 1/3

The probability that you roll a 5 or 2 is [tex]\frac{1}{3}[/tex]

Answer:5/2

Step-by-step explanation:

PLS HELP!!!!!!!!!!!!!!

Answers

Answer: B

Step-by-step explanation:

The actual distances is     1.7 - ( -0.5)=  2.2

A  1.7- 0.5=  1.2 and the absolute value of 1.2 is 1.2

B  1.7- (-0.5) = 2.2

You roll a die. if it comes up a 6, you win $100. if not, you get to roll again. if you get a 6 the second time, you win $50. if not, you lose.

a.create a probability model for the amount you win.

b.find the expected amount you'll win.

c.what would you be willing to pay to play this game?

Answers

Answer:

a.

x $         0 $         50         $ 100

p (x)    25/36      5/36        6/36

b. 23.61%

c. 23.61%

Step-by-step explanation:

We have that "x" is the amount of money earned:

we have to fail twice, the probability of failure is 5/6 and the probability of hitting is 1/6, therefore if you lose the probability would be:

5/6 * 5/6 = 25/36

the one to win 50 $, would be:

1/6 * 5/6 = 5/36

and the one to win $ 100 would be:

1/6 * = 6/36

that is to say:

a.

x $         0 $         50         $ 100

p (x)    25/36      5/36        6/36

b. the expected amount you'll win would be:

0 * 25/36 + 50 * 5/36 + 100 * 6/36 = 23.61

c. The normal thing is to pay at least the expected amount, that is, $ 23.61, since something greater than that would already be profit.

The expected value is the sum of the product of values and their respective probabilities. Hence ;

Expected winning = $9.722

Willing amount to be paid should be any amount less than $9.722

To win $100 :

P(6) × P(6) = 1/6 × 1/6 = 1/36

To win $50 :

P(not 6) × P(6) = 5/6 × 1/6 = 5/36

To win nothing :

P(not 6) × P(not 6) = 5/6 × 5/6 = 25/36

The probability distribution table :

X : _______ $0 ______ $50 _______ $100

P(X) : ____ 25/36 _____ 5/36 _______ 1/36

The expected value :

E(X) = Σ[(X × P(X)]

E(X) = (0 × 25/36) + (50 × 5/36) + (100 × 1/36)

E(X) = 0 + 9.7222

E(X) = 9.722

Therefore, the expected amount to be won is $9.722

Willing amount to be paid to play the game :

Any value below the expected value,

Therefore, the willing amount will be < 9.722

Learn more :https://brainly.com/question/18405415

The graph shows a distribution of data,
What is the standard deviation of the data?
O 0.5
© 1.5
O 2.0
2.5
1.5
2
2.5
3

Answers

Answer:

The graph shows a distribution of data.

A graph shows the horizontal axis numbered 1 to x. The vertical axis is unnumbered. The graph shows an upward trend from 1 to 2 then a downward trend from 2 to 3.

What is the standard deviation of the data?

0.5 <<<------- CORRECT ANSWER

1.5

2.0

2.5

Step-by-step explanation:

EDGE 2021

The standard deviation of the data is,

σ = 0.5

What is an expression?

An expression which is defined as the collection of the numbers,  variables and functions by using sign like addition, subtraction, multiplication, and division is called mathematical expression.

Now,

We have in the graph, there is bell-shaped along x =2.

Here, A bell-shaped graph along one value is called symmetric graph and it represents a normal distribution.

Since, The graph is symmetric around x = 2,

Hence, the mean of the data is 2.

And, The point immediate left to the mean represented by x - σ

Hence, We get;

2 - σ = 1.5

So,

σ = 0.5

Thus, The sigma represents standard deviation.

σ = 0.5

Hence, Option A is correct.

Learn more about the mathematical expression visit:

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#SPJ6

QUESTION 7 Stock K is expected to return 12.4 percent while the return on Stock L is expected to be 8.6 percent. You have $10,000 to invest in these two stocks. How much should you invest in Stock L if you desire a combined return from the two stocks of 11 percent? $4,209 $3,415 $2,907 $3,684 $3,511

Answers

Answer:$3684 should be invested in stock L

Step-by-step explanation:

Let x represent the amount that you should invest in stock K.

Let y represent the amount that you should invest in stock L.

You have $10,000 to invest in these two stocks. It means that

x + y = 10000

Stock K is expected to return 12.4 percent while the return on Stock L is expected to be 8.6 percent. It means that the returns from stock K would be 12.4/100 × x = 0.124x

And the returns from stock L would be 8.6/100 × y = 0.086y

if you desire a combined return from the two stocks of 11 percent, it means that the combined returns would be

11/100 × (x + y) = 0.11(x + y)

The equation would be

0.124x + 0.086y = 0.11(x + y)- - - - - - - -1

Substituting x = 10000 - y into equation 1, it becomes

0.124(10000 - y) + 0.086y = 0.11(10000 - y + y)

1240 - 0.124y + 0.086y = 1100

- 0.124y + 0.086y = 1100 - 1240

- 0.038y = - 140

y = - 140/- 0.038

y = 3684

A recent report states that 89% of Americans consider themselves above average drivers. A local newspaper is planning on conducting a survey to investigate whether this is true locally. If the newspaper assumes that the 89% claim is true and plans to use the normal approximation to calculate probabilities associated with their sample proportion, which sample size would be most appropriate?

A) 10

B) 11

C) 30

D) 91

E) The number depends on the size of the population.

Answers

Answer:

D) 91

Step-by-step explanation:

For the normal approximation, we need that:

np > 5 and np(1-p) > 5

In this question:

[tex]p = 0.89[/tex]

So

A) 10

n = 10, then

10*0.89 = 8.9 > 5

10*0.89*0.11 = 0.979 < 5

Does not satisfy.

B) 11

n = 11, then

11*0.89 = 9.79

11*0.89*0.11 = 1.0769 < 5

Does not satisfy

C) 30

n = 30

30*0.89 = 26.7

30*0.89*0.11 = 2.937 < 5

D) 91

n = 91

90*0.89 = 80.1

90*0.89*0.11 = 8.881 > 5

So this satisfies, and 91 is the answer

Answer:

D) 91

Step-by-step explanation:

A higher sample size results in lower variability, therefore higher precision.

Airplanes approaching the runway for landing are required to stay within the localizer (a certain distance left and right of the runway). When an airplane deviates from the localizer, it is sometimes referred to as an exceedence. Consider one airline at a small airport with six daily arrivals and an exceedence rate of 7%. a) Find the probability that on one day no planes have an exceedence. (2 points) b) Find the probability that at least 1 plane exceeds the localizer. (3 points) c) What is the expected number of planes to exceed the localizer on any given day? (2 points) d) What is the variance for the number of planes to exceed the localizer on any given day? (3 points)

Answers

Answer:

a) P(x = 0) = 64.69%

b) P(x ≥ 1) = 35.31%

c) E(x) = 0.42

d) var(x) = 0.3906

Step-by-step explanation:

The given problem can be solved using binomial distribution since:

There are n repeated trials independent of each other. There are only two possibilities: exceedence happens or  exceedence doesn't happen.The probability of success does not change with trial to trial.

The binomial distribution is given by

P(x) = ⁿCₓ pˣ (1 - p)ⁿ⁻ˣ

Where n is the number of trials, x is the variable of interest and p is the probability of success.

For the given scenario. the six daily arrivals are the number of trials

Number of trials = n = 6

The probability of success = 7% = 0.07

a) Find the probability that on one day no planes have an exceedence.

Here we have x = 0, n = 6 and p = 0.07

P(x = 0) = ⁶C₀(0.07⁰)(1 - 0.07)⁶⁻⁰

P(x = 0) = (1)(0.07⁰)(0.93)⁶

P(x = 0) = 0.6469

P(x = 0) = 64.69%

b) Find the probability that at least 1 plane exceeds the localizer.

The probability that at least 1 plane exceeds the localizer is given by

P(x ≥ 1) = 1 - P(x < 1)

But we know that P(x < 1) = P(x = 0) so,

P(x ≥ 1) = 1 - P(x = 0)

We have already calculated P(x = 0) in part (a)

P(x ≥ 1) = 1 - 0.6469

P(x ≥ 1) = 0.3531

P(x ≥ 1) = 35.31%

c) What is the expected number of planes to exceed the localizer on any given day?

The expected number of planes to exceed the localizer is given by

E(x) = n×p

Where n is the number of trials and p is the probability of success

E(x) = 6×0.07

E(x) = 0.42

Therefore, the expected number of planes to exceed the localizer on any given day is 0.42

d) What is the variance for the number of planes to exceed the localizer on any given day?

The variance for the number of planes to exceed the localizer is given by

var(x) = n×p×q

Where n is the number of trials and p is the probability of success and q is the probability of failure.

var(x) = 6×0.07×(1 - 0.07)

var(x) = 6×0.07×(0.93)

var(x) = 0.3906

Therefore, the variance for the number of planes to exceed the localizer on any given day is 0.3906.

A design on a balloon is 8 centimeters wide when the balloon holds 25 cubic centimeters of air . How much air must the balloon hold for the design to be 16 centimeters wide.

Answers

Answer:

50 centimetres

Step-by-step explanation:

3/8 of a gallon of paint covers 1/4 of a wall how many gallons cover the wall

Answers

Answer:

1 1/2 or 1 4/8 gallons

Step-by-step explanation:

If 3/8 gallons of paint covers 1/4 of a wall, then the math is explained below:

3/8 times 4/1 equals 12/8 to 1 4/8 to 1 1/2. We multiply by 4 since 3/8 covers 1/4 of the wall.

Hope this helps!!! PLZ MARK BRAINLIEST!!!

The number of 3-digit telephone area codes that can be made if repetitions are not allowed is?

a. 100
b. 720
c. 1,000
d. 504

Answers

Answer:

Each of the 3 digits can be from 0 to 9, so each of the digits can have 10 values.

10 * 10 * 10 = 1,000

However, if repetition is NOT allowed, then the first digit can be ANY digit (10 possibilities).  The second digit can be ANY digit except what the first digit is (9 possibilities).  The third digit can be ANY digit except what the first digit is or what the second digit is (8 possibilities).

Total area codes = 10 * 9 * 8 = 720

Answer is b

Step-by-step explanation:

What is 2 3/11 as a decimal?

Answers

Answer:

[tex]2\frac{3}{11} \\=2.2727272727[/tex]

Step-by-step explanation:

When the length of each leg is 3
units, the ratio of the hypotenuse
to the leg is:​

Answers

Answer:

  √2

Step-by-step explanation:

The ratio of the hypotenuse to the leg in any isosceles right triangle is √2.

_____

Perhaps you want to figure the hypotenuse, then compute the ratio.

  c = √(a²+b²) = √(3² +3²) = √18 = 3√2

Then the ratio to a leg is ...

  c/a = (3√2)/3 = √2

Answer:

1.4

Step-by-step explanation:

i just did it.

Rearrange the equation so u is the independent variable.

-12u + 13 = 8w - 3

w = __

Answers

Answer:

the answer is -12u/3 + 2

Answer:

W=-3/2u+2

Step-by-step explanation:

Step 1: Flip the equation.

8w-3=-12u+13

Step 2: Add 3 to both sides.

8w-3+3=-12u+13+3

8w=-12u+16

Step 3: Divide both sides by 8.

8w/8=-12u+16/8

W=-3/2u+2

Hope I helped

What’s the correct answer for this?

Answers

Answer:

The second one I believe!

Answer:

A

Step-by-step explanation:

Rule => (a+b)²=a² + 2ab + b²Rule => (a-b)² = a² -2ab + b²

x² - 6x - 33 = 0

x² => a²

-6x => -2ab

Therefore, b=3

9 - .....  = -33

...... = 42

x² - 6x + 9 - 42 = 0

(x -3)² - 42 = 0

(x-3)² = 42

First option is answer

Hope this helps ^-^

The length of a rectangle is twice as long as the width. If the diagonal length of the rectangle
is 60 cm, what is the perimeter of the rectangle (to the nearest centimetre)?
Provide a complete algebraic solution, including a supporting diagram.
I

Answers

Answer:

[tex] 60^2 = (2x^2) +x^2[/tex]

[tex] 3600 = 5x^2[/tex]

[tex] x = \sqrt{\frac{3600}{5}}= 12\sqrt{5}[/tex]

And we can find the perimeter as:

[tex] P= 2(2x) + 2x[/tex]

And replacing the value given for x we got:

[tex] P =2 (2* 12\sqrt{5}) + 2* (12\sqrt{5}) = 48 \sqrt{5} +24\sqrt{5} = 72 \sqrt{5} cm[/tex]

And for this case the perimeter would be approximately [tex]72 \sqrt{5} cm[/tex]

Step-by-step explanation:

For this case we can assume that the lenght is 2x the width x and the diagonal is 60 cm.

From the picture given we have a right tirngle and we can set the following equation:

[tex] 60^2 = (2x^2) +x^2[/tex]

[tex] 3600 = 5x^2[/tex]

And solving for x we got:

[tex] x = \sqrt{\frac{3600}{5}}= 12\sqrt{5}[/tex]

And we can find the perimeter as:

[tex] P= 2(2x) + 2x[/tex]

And replacing the value given for x we got:

[tex] P =2 (2* 12\sqrt{5}) + 2* (12\sqrt{5}) = 48 \sqrt{5} +24\sqrt{5} = 72 \sqrt{5} cm[/tex]

And for this case the perimeter would be approximately [tex]72 \sqrt{5} cm[/tex]

(c) Simplify fully
exexexf
————
exex fxf

Answers

Could u be more specific

Answer:

i know its a bit late but the answer below

Step-by-step explanation:

e/f

If anyone can help me with this it will be greatly appreciated.

Answers

Answer:

it is a triangular prism .

Answer:

Triangular Prism

6 vertices

Step-by-step explanation:

mary had 1 3/4 pound of blackberries. Mary's friend ate 3/4 of the blackberries. How many pounds of blackberries did Mary friend eat?

Answers

Hey there! I'm happy to help!

If Mary's friend at 3/4 of blackberries, we will simply multiply the total number of blackberries by 3/4 to find how many blackberries Mary ate.

3/4×1 3/4= 1 5/16

Therefore, Mary's friend at 1 5/16 pounds of blackberries.

I hope that this helps! Have a wonderful day!

If x = 4, calculate the value of: 2x³ - 2x² + 2x - x

Answers

Step-by-step explanation:

Putting value of x

2 (4)3 - 2(4)2 + 2(4) - 4

2 (64) - 2(16) + 8 - 4

128 - 32 + 8 - 4

= 100

Answer:

i dunno try this sorry if its wrong.  Answer i got is 16.

Step-by-step explanation:

since the x = 4 and we need to calculate the value of other numbers. my answer would be this,  

2 x 2 x 2 = 6,   2 x 2 = 4     add both values up to get 10, then do 10 x 2 which is 20, - 4 since x is 4.

Also i did this the way you would write it in exponent form.


The first quartile of the given data is 35. find the value of x.
X 0-20/20-40/40-60/60-80/80-100
F 2 x 8 5 1​

Answers

The given value of the first quartile is related to the value cumulative

frequency up to the class of the first quartile.

The value of x is 1

Reasons:

The first quartile is one of the five number summary.

The number of terms, N = 2 + x + 8 + 5 + 1 =16 + x

[tex]\displaystyle Q_1 = \frac{N+1}{4} \ th \ value = \mathbf{\frac{17 + x}{4} \ th \ value}[/tex]

We have;

[tex]\displaystyle Q_1 = \mathbf{ L + \frac{ \left (\frac{N + 1}{4} - pcf \right) }{f} \times C}[/tex]

Where;

The first quartile, Q₁ = 35

L = 20 in the first quartile class

PCF = The cumulative frequency of the first quartile class = 2 + x

f = The frequency of the quartile class = x

C = The class size = 10

Therefore;

[tex]\displaystyle Q_1 = 35 = \mathbf{ 20 + \frac{ \left (\frac{17 + x}{4} - (2 + x) \right) }{x} \times 10}[/tex]

Which gives;

[tex]\displaystyle 35 = \mathbf{\frac{25 \cdot x + 45}{2 \cdot x}}[/tex]

Therefore;

70·x = 25·x + 45

45·x = 45

x = 45 ÷ 45 = 1

x = 1

Learn more about the five number summary here:

https://brainly.com/question/4530105

Which choice correctly expresses the number below in scientific notation?
0.000607

Answers

Answer:

Correct answer is: E

Step-by-step explanation:

If u could help that would be great

Answers

Answer:

B

Step-by-step explanation:

Trent needs a total of $320 to buy a new bicycle. He has $35 saved. He earns $15 each week delivering newspapers. How many weeks will Trent have to deliver papers to have enough money to buy the bicycle?

Answers

Answer:

Trend wants to buy a new bicycle which costs 320$.

He has 35$ saved and earns 15$ each week.

After a number of weeks (a), the amount money he has: A = 35 + 15 x a

If Trend has enough money to buy that bicycle, we have the equation:

35 + 15 x a = 320

=> 15 x a = 320 - 35

=> 15 x a = 285

[tex]a = \frac{285}{15} = 19[/tex]

=> After 19 weeks, Trent will have had enough money to buy that bicycle

Hope this helps!

:)

Which is greater 0.6 or 0.285

Answers

Answer:0.06

Step-by-step explanation: just pretty obvious

Answer:

I believe 0.6 is greater

Step-by-step explanation:

QUESTION 1 The Senator of Azenator State, is worried about the rising numbers in high blood pressure related deaths in his Jurisdiction and wants an end to this canker. A reputable medical research officer has claimed that, the situation is probably as a result of the ageing population of his State. The blood pressures, Y (mmHg), and Ages, X (years) of 10 hospital patients were sampled from Azenator State and summarized below. Patient A B C D E F G H I J Age (X) in Years 20 25 50 30 45 60 10 15 35 70 BP(Y) in (mmHg) 80 85 125 90 100 135 80 70 100 140 NB: Approximate to 2 decimal places Use the table to answer the questions that follow; i) Calculate the product moment correlation coefficient for the data and interpret your result. (3 Marks) ii) If the Senator decides to purchase and distribute Norvasc (a medicine that reduces blood pressure), based on your results in (i), which age group (youth or old adults) should be given priority? Briefly explain your answer.

Answers

Answera and Step-by-step explanation: Correlation Coefficient is the measure of how strong two variables are. There are numerous types of correlation coefficients and the product moment correlation coefficient, also known as Pearson's correlation or Pearson's R is most commonly used in linear regression. The formula to calculate it is:

r = n(∑xy) - (∑x)(∑y) / √[∑x² - (∑x)²].[n∑y² - (∑y)²]

To find the value of R:

1) Separate the values of X and Y and out them in 2 columns.

2) Add 3 more columns: for xy, x² and y²;

3) Find the values of each column;

4) Add each column;

5) Put the sum of each column in its place on the formula above;

6) Find the correlation.

i) For this question, r = 0.9645. As it's positive, means that the two variables are directly linked, i.e., an increase in one variable will produce an increase in the other variable in the same proportion.

ii) The Senator should distribute Norvasc to the old adults groups, because, as the population grows, the death associated with high blood pressure will also grow, as explained by the correlation coefficient.

Insert a digit to make numbers that are divisible by 24 96__4

Answers

I’m going to say 14
Other Questions
What is migration?O A. The use of machines to make travel easierO B. Using trains to carry trade goods from place to placeO C. The movement of products from one place to anotherO D. The movement of people from one place to another Here is a list of numbers. 6 7 2 4 6 6 9 5 3 3 find the mean and median A line passes through the point (3,-1) and has a slope of -2/3. Which of the following points also lies on this line?A. (9,5)B. (-3,1)C. (6,3)D. (-9,7) What is the slope of the line perpendicular to the y2 - 9. The tens digit of a certain number is five more than the units digit. The sum of the digits is 9. Find the number. Find the roots. 5x^2-3=77 What was the purpose of Miller and Urey's experiment?A. To determine where genetic information is stored in prokaryotesB. To measure the number of biological molecules on EarthC. To find out if archaea and eukaryotes had a common ancestorD. To see if biological compounds could form spontaneously on earlyEarth It is difficult for societies to achieve all of the economic goals because...consumers and business owners cannot agree on economic decisionsthere are only so many resources to go aroundscarcity exists in all societiesthe pursuit of one often leads to the impossibility of achieving another Why had African Americans lost many of the rights gained during Reconstruction by the late 1800s?A) because of the growing power of ConservativesB) because of northern efforts to maintain controlC) because of intervention by the federal governmentD) because of the rise of white southern Republicans *WILL MARK BRAINLIEST IF ANSWERED IN LESS THAN 10 MIN* 1. Diego has 3 times as much books as han. what's the formula?2. two-fifths of vegetables in Priya garden are tomatoes. What's the formula?can you answer both of them very appreciated if u answer it :) I need the answer quick. Prove the divisibility of the following numbers: d 45^4515^15 by 75^30 The following transactions apply to Ozark Sales for Year 1: The business was started when the company received $49,000 from the issue of common stock. 2. Purchased equipment inventory of $176,500 on account. Sold equipment for $203,000 cash (not including sales tax). 3. Sales tax of 7 percent is collected when the merchandise is sold. The merchandise had a cost of $128,000. 4. Provided a six-month warranty on the equipment sold. Based on industry estimates, the warranty claims would amount to 3 percent of sales. 5. Paid the sales tax to the state agency on $153,000 of the sales. 6. On September 1, Year 1, borrowed $20,000 from the local bank. The note had a 6 percent interest rate and matured on March 1, Year 2. 7. Paid $5,500 for warranty repairs during the year. 8. Paid operating expenses of $53,500 for the year. 9. Paid $124,200 of accounts payable. 10. Recorded accrued interest on the note issued in transaction no. 6.Required:a. Prepare the journal entries for the above transactions and post them to the appropriate T-accounts. b. Prepare the income statement, balance sheet, and statement of cash flows for 2016. c. What is the total amount of current liabilities at December 31, 2016? What does the underlined word mean in the following sentence?Nuestro to se enamora de la chica bonita.nephewcousinuncleniece What occurred as a result of the ratification of the 14th amendment to the US Constitution. What are some advantages and disadvantages of using wind energy tocreate electricity? There are 20 students in class. 12 students are girls; the rest are boys. 5 students wear glasses. What is the probability of a student in the glass being a girl who wears glasses? The tangent of angle X is 2.246.Work out the size of angle X.Give your answer to the nearest degree.____ A 12-tooth gear on a motor shaft drives a larger gear having 42 teeth. If the motor shaft rotates at 700 rpm, what is the speed of the larger gear? The speed of the larger gear is nothing rpm. What is the pressure in a 5.00 L tank with 23.50 grams of oxygen gasat 350 K? what did mya refer to as a foreign country ? in the book i know why the caged bird sings