The expected (mean) life of a particular type of light bulb is 1,000 hours with a standard deviation of 50 hours. The life of this bulb is normally distributed.  What is the probability that a randomly selected bulb would last fewer than 940 hours?      

A market research team compiled the following discrete probability distribution.  In this distribution, x represents the number of automobiles owned by a family.                   x               P(x)                 0               0.10                  1               0.10                 2               0.50                 3               0.30             The mean (average) value of x is_____________.        

If x is uniformly distributed over the interval 8 to 12, inclusively, then the standard deviation of this distribution is —————-  

The equation of the regression equation for the data based on sales of a local restaurant over the years indicated as x     Sales= 26,575+132.571X   Using the equation, the forecast sales for the 10th year is              

For a certain data set the regression equation is y = 21 + 3x. The correlation coefficient between y and x in this data set                                         _  

Shares of outstanding stock that are bought back by the corporation are called _____________.

Prepare the journal entry to record the issue of a 5-year $1,000,000, 8% bond at 99.

Peanut corporation authorized 1,000 shares of $20 par preferred stock with a 9% dividend rate. On January 2, the corporation issues 200 shares of preferred stock at $22 per share. The journal entry to record the issue of stock will include ________________.

A machine with a cost of $200,000 has an estimated residual value of $20,000 and an estimated life of 5 years or 20,000 hours. It is to be depreciated by the units-of-output method. What is the amount of depreciation for the second full year, during which the machine was used 7,000 hours?

Punt Inc sold merchandise to the AAA Accounting Firm for $15,600. The cost of merchandise was $7,200. The sale is subject to terms 1/10, n/30, FOB shipping point. A. What is the amount of the sales discount? B. Who will pay the freight? C. What is the general journal entry for the sale of the merchandise? *Don’t forget inventory