Your final project will be to analyze, design, and document a simple program that utilizes a good design process and incorporates sequential, selection and repetitive programming statements as well as arrays and appropriate subprograms with information passed with arguments and parameters. The specific problem you need to solve for the final project is: Design a program that will allow a user to Input a list of their family members along with their age and state where they reside. The number of family members is not known in advance, and may change from one run to the next. (That means you cannot ask the user how many family members will be entered). Determine and output the average age of their family and output the names of anyone who lives in Texas.
There are two deliveries for this project. The first delivery is the project plan which provides your problem statements, problem analysis, and how it will comply with the project specifications. The project plan is worth 10% of your grade. The final delivery will be your completed project design along with your code comments and comprehensive test plan. The final delivery is worth 20% of your grade.
Your project plan is due in by 11:59 PM EST on October 6, the date posted in the class schedule. The final delivery is due no later than 11:59 PM EST on October 13, the last day of class. October 13 is an absolute deadline, nothing will be accepted after that.
Example Project Plan and Final Project template files, containing the required sections are included in the available resources. You should use this document to start your writing and fill in all of the details required.
Project plan format and length:
The documentation describing your analysis and test plan should be written using Microsoft Word. The font size should be 12 point. The page margins should be 1 inch. The paragraphs should be formatted with single line spacing. Any figures, tables, equations should be neatly labeled. All references should use APA style.
Final Project Grading:
This activity is awarded 30% of the total grade in the course. The project elements are assessed as follows:
What is the importance of a 5% significance level? Why would you choose 5% as opposed to 10% or 1%? What effect does the level of significance have on a
Type II error? (150 words)
Under what conditions would you use a t-test as opposed to a z-test? Can you use the t-table to
determine the critical value of the z-test? Explain why. What are the
differences between a one-tailed and a two-tailed test?
A car dealer is using the number of years customers have owned their vehicles to predict how long it will be before they elect to replace them. The correlation between the two is rxy = -.723 (the longer they have owned their present vehicles, the more quickly they are expected to replace them). The other relevant data are included in the online course syllabus for 32 customers.
Based on the information above, answer the following questions:
How long is the time to expected replacement for a customer who has owned a vehicle 6.5 years?
Calculate .95 and .99 confidence intervals and explain your results.
How will a larger standard deviation in the criterion variable affect the width of the confidence intervals? Why?
A hardware retailer has average sales of $64,235 with a standard deviation of $5,918 for a 12-month period. The mean monthly sales for all retailers in the chain are $59,844. Is this hardware retailer’s sales significantly different from all retailers in the chain at p= .05? Are they significantly different at p= .01? Calculate a .95 confidence interval for the data in problem.
Explain your findings and determine what question the confidence interval answers.
You have been retained to examine the records of Mary’s Day Care Center as of December 31, 20X3, the close of the current reporting period. In the course of your examination, you discover the following: • On January 1, 20X3, the Supplies account had a balance of $1,350. During the year, $5,520 worth of supplies was purchased, and a balance of $1,620 remained unused on December 31. • Unrecorded interest owed to the center totaled $275 as of December 31. • All clients pay tuition in advance, and their payments are credited to the Unearned Tuition Revenue account. The account was credited for $65,500 on August 31. With the exception of $15,500 all amounts were for the current semester ending on December 31. • Depreciation on the school’s van was $3,000 for the year. • On August 1, the center began to pay rent in 6-month installments of $24,000. Mary wrote a check to the owner of the building and recorded the check in Prepaid Rent, a new account. • Two salaried employees earn $400 each for a 5-day week. The employees are paid every Friday, and December 31 falls on a Thursday. • Mary’s Day Care paid insurance premiums as follows, each time debiting Prepaid Insurance: Date Paid Policy No. Length of Policy Amount Feb. 1, 20X2 1033MCM19 1 year $540 Jan. 1, 20X3 7952789HP 1 year 912 Aug. 1, 20X3 XQ943675ST 2 years 840 Instructions The center’s accounts were last adjusted on December 31, 20X2. Prepare the adjusting entries necessary under the accrual basis of accounting.
Bank reconciliation and entries. The following information was taken from the accounting records of Palmetto Company for the month of January: Balance per bank $6,150 Balance per company records 3,580 Bank service charge for January 20 Deposits in transit 940 Interest on note collected by bank 100 Note collected by bank 1,000 NSF check returned by the bank with the bank statement 650 Outstanding checks 3,080 Instructions: a. Prepare Palmetto’s January bank reconciliation. b. Prepare any necessary journal entries for Palmetto.
How do you know you have validated a research study based on data gathered from primary or secondary sources? Have you been involved with any product test-marketing project? Explain. How did the resulting statistics affect the product’s marketing strategy? How can organizations skew the statistical outcomes of their business research?
Globally, some 2.6 billion people lack access to safe sanitation, but 5 billion people have cell phones (According to the Water Supply & Sanitation Collaborative Council, www.wsscc.org).
How can businesses help solve problems that affect those in underdeveloped areas?
From the second e-activity, assess the benefits of standard cost in a process cost system.
As a CFO of growing medium-sized company using a process cost system, assess the most important reasons for improving your current standard cost reporting system.
Evaluate the potential impact an upgrade can have on cost identification during the various stages of production.
Go to EBSCOhost to read the article titled “Process Costing and Management Accounting in Today’s Business Environment,” dated August 2010, located in the attachment.