a) What is their AGI for the year? b) What is the amount of suspended losses, if any, that may be carried over with respect to each activity? 3) In the current tax year, Neil’s personal automobile was totaled in a traffic accident. Neil had purchased the automobile two years earlier for $28,000. The FMV of the automobile just prior to the accident was $18,000.
a) What is their AGI for the year? b) What is the amount of suspended losses, if any, that may be carried over with respect to each activity? 3) In the current tax year, Neil’s personal automobile was totaled in a traffic accident. Neil had purchased the automobile two years earlier for $28,000. The FMV of the automobile just prior to the accident was $18,000.
• Unless otherwise stated, use a significance level of α = 5%. • Round all numeric answers to 4 decimal places. Question 1 [20 marks] (a) [5 marks] A student answers a multiple-choice examination question that offers four possible answers. Suppose that the probability that he knows the answer to the question is 0.8 and the probability that he guesses is 0.2. Assume that if the student guesses, the probability of selecting the correct answer is 0.25.
Outline and evaluate research into the effect of misleading information on the eyewitness testimony. The dictionary definition of misleading information is – Any wrong or misleading information given to the insurer, which may affect underwriting decision. Loftus (1975) experimented the effects of misleading information by showing participants a video clip of a car accident then later splitting the group in half. The first group were asked the simple question “How fast was the white sports car going while travelling along the country road?” This was obviously the controlled question. Others were asked the misleading question “How fast was the white car going when it passed the barn while travelling along the country road?” After a week followed all participants were asked “Did you see the barn?” 17% of the participants asked the misleading question claimed they had seen the barn but only 3% of the other participants said that the barn actually existed.
Experiment Data: Blood sample 1 2 3 4 5 gm Hb per 100 ml blood 16 14 8 20 22 Hematocrit (PCV) 48 44 40 60 60 Ratio of PCV to Hb 3:1 3.14:1 5:1 3:1 2.73:1 11/05/14 page 2 Post-lab Quiz Results You scored 100% by answering 3 out of 3 questions correctly. 1. To determine the amount of hemoglobin in a blood sample You correctly answered: e. All of these answers are correct. 2. Which of the following diseases is known to increase hemoglobin levels in an individual?
The car had originally cost $40,000. At the time of the accident, the car was worth $20,000 and Alicia had taken $8,000 of depreciation. The car was totally destroyed and Alicia had let her car insurance expire. If Alicia’s AGI is $50,000 (before considering the loss), determine her itemized deduction for the casualty loss. a.|$2,100.| b.|$5,900.| c.|$6,100.| d.|$16,900.| e.|None of the above.| ANS: C |Business Use|Personal Use| Cost|$20,000 |$20,000 | Less: depreciation| (8,000)| -0- | Basis|$12,000 |$20,000 | Fair market value|$10,000 |$10,000 | Loss|$12,000 |$10,000 | AGI||$50,000 | Less: Business loss|| (12,000)| Modified AGI||$38,000
After the researchers adjusted for other cardiovascular risk factors, having one or more panic attacks was associated with four times the risk of myocardial infarction (heart attack), three times the risk of having a heart attack or stroke and nearly twice the risk of death from any cause. These associations remained after controlling for depression, suggesting that panic attacks may be a separate, independent risk factor for cardiovascular
Statistical significance The National Highway Traffic Safety Administration has compiled startling evidence which unearths the gravity of the situation. During the year 2002, approximately 12.5 million licensed drivers fell between the ages of 16 and 20. This comes to 6.4% of the total driving population and looks to be an insignificant figure. However, the following facts depict another story: 1. During the year 2004, 4,767 fatal teenage accidents were reported by the CDC.
VW has likewise propelled an inner request. With VW reviewing just about 500,000 autos in the only us, it has put aside €6.5bn (£4.7bn) to take care of expenses. The carmaker has said it will start reviewing autos in January. In any case, that is unrealistic to be the end of the monetary effect. The EPA has the ability to fine an organization up to $37,500 for every vehicle that breaks benchmarks - a greatest fine of about $18bn.
Procedure: Forty-five American students formed an opportunity sample. This was a laboratory experiment with five conditions, only one of which was experienced by each participant (an independent measures design). Participants were shown slides of a car accident involving a number of cars and asked to describe what had happened as if they were eyewitnesses. They were then asked specific questions, including the question “About how fast were the cars going when they (hit/smashed/collided/bumped/contacted ) each other?” Thus, the IV was the wording of the question and the DV was the speed reported by the participants. A week after the participants saw the slides they were asked “Did you see any broken glass?” There was no broken glass shown in the slides.