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Q6. Pinecrest Advisors lists 103 shareholders, but 14 are cousins descending from one great-grandparent. Applying the family aggregation rules, how many shareholders count for the 100-shareholder limit? 

Q18. A shareholder’s stock basis is zero. Additional S-corp losses are allocated that exceed available basis. Under ordering rules, which amount is reduced next before losses are suspended? 

Q1. Harbor Ridge Manufacturing plans to elect S-corporation status and issue shares to a revocable trust formed by a single U.S. grantor. Although two successor beneficiaries are named, they only obtain rights upon the grantor’s death. Under S-corporation rules, how is this trust treated?

According to insurance records, a car with a certain protection system will be recovered 94% of the time. If 300 stolen cars are randomly selected, what is the mean and standard deviation of the number of cars recovered after being stolen?

Suppose an exam consisted of 10 multiple choice problems, each with five possible responses (A-E), only 1 of which is correct.  Hint: The number of trials is the number of questions on an exam.  The probability of success is the probability a student randomly guesses the correct answer to any question.  Round all answers to 4 decimals.  If a student randomly guesses the answers to each question then what is the probability that a student guesses the correct answer to at most 6 questions? [answer3] What is the probability that a student passes the exam with a score of 70% or higher? [answer4] HINT: Think about how many correct questions are needed to score a 70% on the exam. 

Which of the below is not a requirement for binomial experiment?

Suppose x represents the number of computers in a household.  Using the following probability distribution, calculate the mean number and the standard deviation of the number of computers in a household.  Probability Table x P(x) 0 0.15 1 0.45 2 0.30 3 0.10 Round answers to 2 decimal places.  Mean = [answer1] Standard Deviation = [answer2]

It is always safe to take online exams on campus

Are you ready for your final exam week?

In regards to retirement, what is the key take away point of the below graph?