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PSYC Final Exam
Course: PSYC 1101, Spring 2012School: UGA
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1101 Final PSYCH Exam STUDY GUIDE SocialPsychology Section13:Modules5154 SocialPsychology Studyofhowpeoplethinkabout,influence,andrelatedtootherpeople PerceivingOthers Personperception:processofformingimpressionsofothers Influencedby: Physicalappearance:moreattractive=morefavorableimpression Judgedmoreinteresting,intelligent,sociallyskilled,etc. Noactualdifferencebetweenattractivepeopleandothers...
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1101
Final PSYCH Exam
STUDY
GUIDE
SocialPsychology
Section13:Modules5154
SocialPsychology
Studyofhowpeoplethinkabout,influence,andrelatedtootherpeople
PerceivingOthers
Personperception:processofformingimpressionsofothers
Influencedby:
Physicalappearance:moreattractive=morefavorableimpression
Judgedmoreinteresting,intelligent,sociallyskilled,etc.
Noactualdifferencebetweenattractivepeopleandothers
Alsojudgedmorecompetentandaremorelikelytohavegoodjob,makemore
money
Stereotypes:widelyheldbeliefsthatpeoplehavecertaincharacteristicsbecause
ofmembershipinagroup
Normalpartofcognitionallowingquickperceptionofaperson
Typicallyautomatic
Mostcommon:gender,racial/ethnic,occupational
Notalwaysnegative
Notveryaccurate:generalizingthatentiregroupofpeopleisthesame=ignoring
diversitywithingroup
Difficulttochange
Oftenoccurautomatically
Peopleoverestimateconfirmingevidence,dismissdisconfirmingevidence
Peopledistortmemory/perceptionstobetterfitstereotypes
Prejudice:negativeattitudetowardssomeonebecauseoftheirmembershiptoa
particulargroup
Canbeexplicitorimplicit
Changingsocialnorms=lessexplicitprejudiceinUS
ImplicitprejudicecanbetestedwithImplicitAssociationTest
Measuresautomaticassociationsbetweendifferentsocialcategoriesand
positive/negativewords
CausesofPrejudice
Learnedfromparents
Learnedfromsociety
InGroupsvs.OutGroups
IngroupUs
Haveatendencytoviewingrouppositively
OutgroupThem
Haveatendencytoviewoutgroupnegatively
Outgrouphomogeneityeffect:seealloutgroupmembersasthesame,see
diversityofingroup
Discrimination:behavingdifferentlytowardsmembersofacertaingroup
Prejudicenegativethoughts,discriminationactions
Researchexamplesofdiscrimination
Race&Gender:700physicianswatchedvideosoffouractorsdescribingsame
symptomsofchestpainsandwereaskedtorecommendtesting&treatmentfor
each
40%morelikelytorecommendsophisticatedmedicaltreatmentsforwhitemen
WeightandGender:Participantswatchedvideosofmaleandfemalejob
applicants
In1conditionapplicantswereaverageweight,inotherconditiontheyworesuits
andmakeuptoappearoverweight
Participantsaskedifpersonshouldbehired
Lesslikelytosuggesthiringoverweightapplicant,especiallywomen
Howcanwereduceprejudice&discrimination?
Becomemoreawareofstereotypesandprejudice
Exposuretopositiveimages,characteristicsofgroups
Contactwithmembersofanothergroup
Musthaveequalstatus
Mustcooperateontaskstoachievecommongoal
RobbersCave
Forcingcompetinggroupstocooperatetosolveproblemsdecreasednegative
feelingstowardsothergroup
Jigsawtechnique
Projectdividedintoequalpartsthatareassignedtogroupmembers
Attributions
Interferencethatpeopledrawaboutthecausesofeventsandbehavior
Havestrongneedtounderstandcausesofevents
Internalexternaldimension
Internalattributions:explanationsbasedoninternalpersonaldispositions
Externalattributions:explanationsbasedonexternalsituationalfactors
Stabilitydimension:
Unstablecause:temporary,abletochange
Stablecause:permanent,unabletochange
Attributionscanbewrong
Twocommonerrors:
FundamentalAttributionError:tendencytomakeinternalattributionswhen
explainingotherpeoplesbehavior
SelfservingBias:tendencytoattributeoursuccessestointernalcauses,our
failurestoexternalcauses
SocialInfluencesonBehavior
Conformity:occurswhenpeopleyieldtorealorimaginedsocialpressure
Aschsexperiment:showedpeopledifferentlinelengths,watchedtoseeifpeople
wouldconform
Peoplegaveobviouslywronganswertoconformtogroupon37%oftrials
Someneverconformed,somealmostalwaysconformed
Conformityincreasesasgroupsizesincreases,toapoint
Conformitydecreasesifthegroupisnotunanimous
Whydoweconform?
InformationalSocialInfluence:theinfluenceothershaveonusbecausewewant
toberight
NormativeSocialInfluence:theinfluenceothershaveonusbecausewewant
themtolikeus
SocialNorms:unwrittenbutunderstoodrulesofacultureabouthowtoactinthat
society
Learnedbyobservation,operantconditioning
Obedience:occurswhenpeoplefollowdirectcommands,usuallyfromsomeone
inpositionofauthority
StanleyMilgram:famousstudyonobedience(electricshocks)
65%wentallthewayto450
Noonestoppedbefore300colts
Indicatesthatregularpeoplewillobeyauthorityevenwhenaskedtoharm
someoneelse
BystanderEffect:peoplearelesslikelytoprovidehelpwhenmanypeopleare
presentthanwhenalone
75%ofpeoplehelpwhenalonevs.53%wheningroup
Why?
InformationalInfluencetheory:usereactionsofotherstojudgeseriousnessof
situation
Ifotherstakenoaction,concludenoemergencyexists
Diffusionofresponsibilitytheory:inpresenceofothers,individualsfeelless
personalresponsibilitytodosomething
Moreanonymouspeoplefeel,lesslikelytheywillhelp
Asnumberofpeoplegoesup,chanceofhelpinggoesdown
Group:twoormoreindividualswhointeractandareinterdependent
Deindividuation:Reductioninpersonalidentityandresponsibilitywhenpartofa
group
Mostlikelywhengroupfosters:
Anonymity
Largegroupsaremorelikelytopromotethis
Emotionalarousal
SocialFacilitation:improvementinanindividualsperformanceduetothe
presenceofothers
Onlyworkontasksweregoodat;otherwiseourperformancemaydecrease
wheninfrontofothers
GroupInfluencesonBehavior
Socialloafing:reductionineffortbyindividualswhentheyworkingroupsas
comparedtowhentheyworkalone
Due,inpart,todiffusionofresponsibility
Worseif:
Groupislarge
Nowaytojudgeindividualcontributions
Othergroupmembersknowntobecompetent,conscientious
PsychologicalDisorders
CriteriaforAbnormality
Deviance:Doesthepersonsbehaviorfalloutsidethenormalrangeofbehavior?
Everyculturehassocialnorms/expectations,notmeetingthem=abnormality
But,whatisnormalinonesocietyisnotalwaysinanother
Standardsfordeviancealsochangeovertime
Forthesereasons,deviantbehaviorisnttypicallyenoughtodiagnoseaperson
withadisorder
Maladaptivebehavior:Doesthepersonsbehaviorinterferewithpersonaland
socialadaptation?
Personaldistress:Doesthebehaviorcausepersonalanguishordiscomfort?
*Mayhavepsychologicaldisorderifanyoneofcriteriaaremet,thoughusually
meetmore*
CausesofPsychologicalDisorders
BiologicalApproach:causedbybiologicalfactors
Acceptsmedicalmodel:psychologicaldisordersaremedicaldiseaseswitha
biologicalorigin
PsychologicalApproach:disordersarecausedbypsychologicalfactors
SocioculturalApproach:societalcontextsplayalargeroleinthedevelopmentof
adisorder
Biopsychosocialapproach:disordersareproductofbiologicalinfluences,
psychologicalinfluences,andsocialculturalinfluences
Diathesisstressmodel:inheritedbiologicalpredisposition+environmental
stressors=disorder
AnxietyDisorders
Classofdisordersmarkedbyfeelingsofexcessiveapprehensionandanxiety
Verycommon:19%lifetimeprevalence
GeneralizedAnxietyDisorder
Markedbychronic,highlevelofanxietynottiedtoanyspecificthreat
Somecommonsymptoms:
Feelonedge,tense
Fatigue,sleepdisturbances
Difficultyconcentrating
Irritability
Physicalsymptoms:trembling,stomachupset,dizziness,sweating
Onset:graduallyinchildhoodoradolescence,butcanbegininadulthood
Morecommoninwomen
PhobicDisorder
Persistent,irrationalfearofaspecificobjectorsituationthatpresentslittleorno
realthreat
Accompaniedbyincreasedpsychologicalarousal
Mostadultsrealizefearisirrational,butstillcantremaincalmaroundabject
Manytypesofphobias
Somemorearecommonthanothers
MostcommoninUSispublicspeaking
PanicDisorder
Characterizedbyrecurrentattacksofoverwhelminganxietythatoccursuddenly
andunexpectedly
Symptomsofpanicattack:
Poundinghearts,sweating,trembling,shortnessofbreath,chestpain,nausea,
dizziness
Mayfearlosingcontrolordying
Maymistakeitforheartattack
Maydevelopagoraphobia:fearofpublicspacesduetofearofhavingpanic
attackinpublic
Usuallydevelopsinlateadolescenceorearlyadulthood
Morecommoninwomen
ObsessiveCompulsiveDisorder:
Consistsofpersistent,uncontrollableintrusionsofunwantedthoughtsandurges
toengageinsenselessrituals
Obsessions:persistent,recurringirrationalthoughts,impulses,orimages
Compulsions:irresistibleimpulsestoperformoverandoversomesenseless
behaviororritual
Performedtoneutralizeobsessivethoughts
Onset:lateadolescence,earlyadulthood
Posttraumaticstressdisorder
Longtermpsychologicaldisturbancesoccurduetotraumaticevent
Traumaticeventcanbeanythingextremelypainful,frightening,orlifethreatening
Commonsymptoms:
Relivingevent
Feelingdetached,emotionallynumb
Hypervigilance,intensefear,anxiety,anger,guilt
Socialproblems/withdrawal
MoodDisorders
Classofdisordersmarkedbyemotionaldisturbances
Twomajortypes
MajorDepressiveDisorder
Persistentfeelingsofsadness,despairdisinterestinpleasurableactivities
Emotionalsymptoms(hopelessness,selfhatred,guilt)
Cognitivesymptoms(inabilitytoconcentrate,impairedjudgment,thoughtsof
death,lossofmotivation)
Physicalsymptoms(fatigue,sleepingproblems,appetitechanges,slower
movement/speech)
Verycommon
Ratesincreasing
Adultwomentwiceaslikelytosufferfromdepression
Beforeadolescence,similarratesregardlessofgender
Onsetatanypointbutmostpeoplebeforeage40
Disorderisepisodic:comesandgoesthroughoutlifespan
Medianlengthofepisode=5months
75%95%willhavemorethanoneepisode
BipolarDisorder
AKAmanicdepression,markedbyextrememoodswings,includingboth
depressiveandmanicepisode
EpisodesofMania:abnormallyelevatedmood
Irritability
Inflatedselfesteem
Impulsivity
Physicalagitation
Equallycommoninmalesandfemales
Onset:lateadolescence,mostcommonin20s
SomatoformDisorders
Classofdisordersmarkedbyphysicalailmentsthatarelargelydueto
psychologicalfactors
Notmalingering:fakingsymptomsofillness
Oftenalsosufferfromdepression,anxietydisorders
Historyofdiversephysicalcomplaintswithnoknownphysicalcause
Symptomscausedbypsychologicalfactors
Symptomsarevaried,affectingmanyareasofthebody
Morelikelyinwomen
Onsettypicallyinadulthood
Conversiondisorder
Lossofphysicalfunctioning,usuallyinonebodilysystem,withoutapparent
physicalcause
Usuallyfollowsstressful/traumaticevent
Ex.Gloveanesthesia(lossofsensationinhand)
Morelikelyinwomen
Hypochondria
Excessivepreoccupationwithhealthandworryaboutillness
Overanalyzenormalsensationsandminorphysicalcomplaints
Equalinmenandwomen
DissociativeDisorders
Classofdisordersinvolvingdisruptioninpersonsidentityandmemory
Threeexamples
DissociativeAmnesia:suddenlossofmemoryforimportantpersonalinformation
DissociativeFugue:suddenlossofmemoryforentirelifeandidentity
Oftenfollowedbyfleeingtonewplaceandassumingnewidentity
DissociativeIdentityDisorder
AKAmultiplepersonalitydisorder
Presenceoftwoormoredistinctidentities
Otheridentities
Oftenverydifferent
Maynotknowabouteachother
Varyinnumberfrom2100s,average=10
Oftensufferedabuseaschildren
SchizophrenicDisorders
Classofdisordersinvolvingdelusions,hallucinations,disorganizedspeech,and
othermaladaptivebehavior
Affectmenandwomenequally
Generalsymptoms
Delusions:falsebeliefsmaintainedeventhoughtheyareirrational
Delusionsofpersecution:afraidsomeonewillgetyou
Delusionsofgrandeur:believethatyouaremoreimportantthanyouare
Disorganizedspeech:Speechisincoherent,nonsensical
Hallucinations:Perceptionsofsomethingthatisnotreal(canbevisual,physical,
auditory)
Mostcommon=auditory
Disturbedemotions
FourSubtypesofSchizophrenia
Paranoidschizophrenia:
Markedbydelusionsofpersecutionandgrandeur
Disorganizedschizophrenia:
Markedbyserverdeteriorationofadaptivebehavior
Emotionaldisturbances,incoherence
Catatonicschizophrenia:
Markedbymotordisturbances
Rigidity,mutism,incoherence
UndifferentiatedSchizophrenia:
Markedbymixtureofsymptoms
Onsets,PrognosisofSchizophrenia
Oftenbeginsinlateadolescence/earlyadulthood
Maybesuddenorgradual
1520%willfullyrecover
Somewillrecoverandrelapsethroughoutlife
Somewillnotrecoverandneedlifelongcare
Therapy
Section16:Modules6466
Usingmentalhealthservices
Around15%ofUSadultsusementalhealthserviceseachyear
Manywhoneedhelpdontseekit
Why?
Lackofinsurance,cost
Socialstigmamentalillness=personalweakness
Womenaremorelikelytousementalhealthservices
Moreeducation=morelikely
Manywhoseektreatmentdelaydoingsoforyears
Medium8yearsfordepression,10forpanicdisorders
Whydopeopleseektreatment?
Manyreasons,notjustbecauseofdisorders
Only~50%intreatmentmeetcriteriaofdisorder
Manytypesoftreatmentsareavailable(over200kinds)
Psychotherapy
Nonmedicalprocessthathelpsindividualsrecognizeandovercometheir
problems
3maintypes
1.Insighttherapies:Involveverbalinteractionsthatencourageselfawareness
Clientandtherapisttalktoeachother
Clientgraduallysteeredtowardgreaterunderstandingofself
Assumethathavingdeeperunderstandingofoneself,examiningmotivationsof
behaviorrelievesmentaldistress
TypesofInsightTherapy
Psychoanalysis:emphasizesrecoveryofunconsciousconflicts,motives,and
defenses
Freud
Usedtotreatanxietycausedbyunconsciousconflict
Therapistmustaccessunconsciousmind
Twotechniquesused:
Freeassociation:clientspontaneouslyexpressesthoughts/feelingswithno
censorship
Dreamanalysis:therapistinterpretsthesymbolicmeaningofclientsdream
Inboth:therapistlooksforcluesaboutclientsunconsciousmind,thenslowly
leadsclienttounderstandunconsciousconflicts
Discoveringanddealingwiththeseconflictscantakeyears(typically35)
HumanisticTherapies:
ClientCenteredTherapy:emphasizesprovidingsupportiveemotionalclimatefor
client
Clientandtherapistseenasequals
Clientstakemajorroleinspeedanddirectionoftherapy
Therapistprovidesunconditionalpositiveregard,empathy,andhonestytodirect
clienttogreaterunderstandingofthemselves
Reflectivespeech:mirrorsclientsfeelingsbacktohelpthembetteridentify
feelings
2.BehaviorTherapies:Involveusinglearningprinciplestochangeclients
maladaptivebehaviors
Assume:
Knowingreasonsforbehaviorisnotenoughtochangeit
Maladaptivebehaviorislearned
So,maladaptivebehaviorcanbeunlearned
ExamplesofBehaviorTherapy
Fortreatingphobias/anxiety
SystematicDesensitization:anxietyhierarchyisgraduallyconfrontedtoreduce
phobicreactions
1.Createanxietyhierarchy
2.Learnrelaxationtechniques
3.Graduallygothroughhierarchyuntileachlevelnolongercausespanic
Flooding:exposuretofearedobjectorsituationinlargedoses
Clientispreventedfromavoidingtheexperience
Ideasisthateventuallyanxietywillbeextinguished
3.CognitiveTherapies:emphasizesthatthoughtsaremainsourceof
psychologicalproblems
Trytogetclientstochallengetheirunhealthythoughts,thinkmorepositively
Oftenassignclientshomeworkassignmentsduringwhichtheyanalyze
thoughts,practicethinkingmorerealistically
EffectivenessofPsychotherapy
Veryeffectiveformanydisorders
Noonetypemoreeffective
Therapeuticalliance:relationshipbetweenclientandtherapistveryimportant
Improvementformostwithinacoupleweeks6months
BiologicalTherapies
Physiologicalinterventionsthatreducesymptomsassociatedwithpsychological
disorders
Assumepsychologicaldisordersarecaused(atleastinpart)bybiological
malfunctions
TypesofBiologicalTherapies
ECT(electroconvulsivetherapy):electricshockusedtoproducecorticalseizure
accompaniedbyconvulsions
Mildelectriccurrentpassedthroughbrain,causesbriefseizure
Patientlosesconsciousness,wakesafter12
Appearstohelpsomepatientswhowerenothelpedbymeds
Withoutmeds,relapserateis50%
Maycause(temporary?)memoryloss
Psychosurgery:surgeryonthebrain,typicallyincludingremovingordestroying
somebraintissue
PrefrontalLobotomy:surgerythatseversconnectionsbetweenfrontallobesand
lowerportionofbrain
Sideeffects:personalitychanges,seizures,vegetativestate
Todaypsychosurgeryusedrarely,moreprecise,lessdamagingtobrain
Drugtreatment
Threemajorclassesofdrugs
1.Antianxietydrugs:reducetension,apprehension,andnervousness
Workveryquickly,lastafewhoursmaybeaddictive
2.Antidepressantdrugs:graduallyelevatemoodtonormallevels
Around2/3benefit,butonlyaround1/3havecompleterecovery
Need26weekstowork
3.Antipsychoticdrugs:graduallyreducepsychoticsymptomsincluding
hyperactivity,mentalconfusion,hallucinations,anddelusions
Reducesymptomin~70%ofpatients
Improvementgradual
Sideeffectsareaproblemformany
TardiveDyskinesia(~20%):neurologicaldisordermarkedbyinvoluntarywrithing
andticlikemovementofmouth,tongue,hands,andfeet
Canbepermanent
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Lecture #2 Practice Problems - Solutions1) A nightclub is reviewing revenues for weekday nights. Management has determinedthat to profit, they must have at least 50 patrons on a weekday night. The followingsample data for the number of patrons on weekd
Ohio State - BUSMGT - 330
Lecture #3 - Practice Problems1) A professor of statistics refutes the claim that the average student spends 3 hours studying forthe midterm exam. Which hypothesis is used to test the claim?a. H 0 : X 3 vs. H 1 : X 3b. H 0 : X 3 vs. H 1 : X 3c. H 0 :
Ohio State - BUSMGT - 330
Lecture #3 Practice Problems - Solutions1) A professor of statistics refutes the claim that the average student spends 3 hours studying forthe midterm exam. Which hypothesis is used to test the claim?a. H 0 : X 3 vs. H 1 : X 3b. H 0 : X 3 vs. H 1 : X
Ohio State - BUSMGT - 330
Lecture #4 Additional Practice1) The following hypotheses will be tested using a 5% significance level and a samplesize of 36. Assume the primary variable of interest can be modeled using the Normaldistribution with a standard deviation of 12. If th e
Ohio State - BUSMGT - 330
Lecture 4 Additional Practice - Solutions:1) The following hypotheses will be tested using a 5% significance level and a samplesize of 36. Assume the primary variable of interest can be modeled using the Normaldistribution with a standard deviation of
Ohio State - BUSMGT - 330
Lecture #5 - Practice Problems(1) Which of the following statements is false?a. The t - distribution is symmetric about zerob. The t - distribution is more spread out than the standard normal distributionc. As the degrees of freedom get smaller, the t
Ohio State - BUSMGT - 330
Lecture #5 - Additional Practice Problems - Solutions(1) Which of the following statements is false?a. The t - distribution is symmetric about zerob. The t - distribution is more spread out than the standard normal distributionc. As the degrees of fre
Ohio State - BUSMGT - 330
Lecture #6 Additional Practice Problems(1) Consider the following hypothesis test:Ho: 1 2 = 1.7n1 = 20X 1= 25.2H1: 1 2 1.7n2 = 35X 2= 20.4s1= 4 = 0.05s2= 7a. What is the appropriate test statistic (Z or t)? If t, also indicate the degrees of fr
Ohio State - BUSMGT - 330
Lecture #6 Additional Practice Problems - S olutions(1) Consider the following hypothesis test:Ho: 1 2 = 1.7n1 = 20X 1= 25.2H1: 1 2 1.7n2 = 35X 2= 20.4s1= 4 = 0.05s2= 7a. What is the appropriate test statistic (Z or t)? If t, also indicate the
Ohio State - BUSMGT - 330
Lecture #7 Additional Practice Problems(1) After calculating the sample size needed to estimate a population proportion to within 0.04, yourstatistics professor told you the maximum allowable error must be reduced to just .01. If the originalcalculatio
Ohio State - BUSMGT - 330
Lecture #7 Additional Practice Problems - Solutions(1) After calculating the sample size needed to estimate a population proportion to within 0.04, yourstatistics professor told you the maximum allowable error must be reduced to just .01. If the origina
Ohio State - BUSMGT - 330
Lecture #8 Additional Practice Problems - Solutions(1) At a retail shop four employees are responsible for handling the cash register. One item that needs tobe recorded for each sale is the type of payment: cash, check, or credit card. For a number of t
Ohio State - BUSMGT - 330
Lecture #8 Additional Practice Problems(1) At a retail shop four employees are responsible for handling the cash register. One item that needs tobe recorded for each sale is the type of payment: cash, check, or credit card. For a number of transactions
Ohio State - BUSMGT - 330
Lecture #13 Additional Practice Problems1) The following regression results are for a model to predict monthly household expenditure ongroceries (in $s) using annual household income (in $1,000s) and household neighborhood (0 =suburban, 1 = rural) as p
Ohio State - BUSMGT - 330
Lecture #13 Additional Practice Problems - Solutions1) The following regression results are for a model to predict monthly household expenditure ongroceries (in $s) using annual household income (in $1,000s) and household neighborhood (0 =suburban, 1 =
Ohio State - BUSMGT - 330
Lecture 15 - Additional Practice(1) Which of the following does not constitute a time series?a. the number of kilowatts of electricity used by a firm each week last yearb. the daily high temperature in a city for the past monthc. annual revenues last
Ohio State - BUSMGT - 330
Lecture 15 - Additional Practice Solutions(1) Which of the following does not constitute a time series?a. the number of kilowatts of electricity used by a firm each week last yearb. the daily high temperature in a city for the past monthc. annual reve
Ohio State - BUSMGT - 330
Lectures #9 and #10 Additional Practice Solutions1. Use the following data to construct the One-Way ANOVA Summary Table, and to perform theF-test to determine if there is evidence that the population means are not all equal.Data:Treatment 15335X1
Ohio State - BUSMGT - 330
Lectures #9 and #10 Additional Practice1. Use the following data to construct the One-Way ANOVA Summary Table, and toperform the F-test to determine if there is evidence that the population means are not allequal.Data:Treatment 15335X1= 42S 1
Ohio State - BUSMGT - 330
Lectures #11 and #12 - Additional Practice(1) A corporation administers an aptitude test to all new sales representatives. Management isinterested in the extent to which this test is able to predict their eventual success. Theaccompanying table records
Ohio State - BUSMGT - 330
Lectures #11 and #12 - Additional Practice Solution(1) A corporation administers an aptitude test to all new sales representatives. Management isinterested in the extent to which this test is able to predict their eventual success. Theaccompanying tabl
Ohio State - BUSMGT - 330
Lecture #2 Additional Practice Problems1) A nightclub is reviewing revenues for weekday nights. Management has determinedthat to profit, they must have at least 50 patrons on a weekday night. The followingsample data for the number of patrons on weekda
Ohio State - ACCTMIS - 212
PLANT, PROPERTY & EQUIPMENT (PPE) Practice Problems1.Antique Furniture Company decided to purchase a new furniture-polishing machine forits store in New York City. After a long search, it found the appropriate polisher inChicago. The machine costs $75
Ohio State - ACCTMIS - 212
PLANT, PROPERTY & EQUIPMENT (PPE) Practice Problems Solutions1.Purchase price .Sales tax .Delivery costs.Installation costs.Total capitalized cost .$75,0004,0001,5002,200$82,700Note the painting of the machine it not necessary to get the machi