• Hello,Ihave2questionsforyoutoanswerplease.
• 1.WatchA.Mursau'svideotitled"AccountsReceivableBadDebtExpense(DirectWrite-OffMethodVsAllowanceMethod)":
• Based on the information in the video, discuss the primary advantages and disadvantages of applying the direct write-off over the allowance method of writing off accounts. Take a position on whether or not estimating the allowance for doubtful accounts provides the opportunity to distort gross income.
• Providesupportforyourrationale.

2. "Correlation and Regression" (Note:Please respond to one [1] of the following two [2] bulleted items):

• Debate the following statement: "Correlation means Causation." Determine whether this statement is true or false, and provide reasoning for your determination, using the Possible Relationships Between Variables table from your textbook.
• Biddle and Hamermesh (1990) built a multiple regression model to study the tradeoff between time spent in sleeping and working and to look at other factors affecting sleep:

Sleep = 0 + 1 totwrk + 2 educ + 3 age +

where sleep and totwrk (total work) are measured in minutes per week and educ and age are measured in years. Suppose the following equation is estimated:

Sleep = 3500 0.15 totwrk 11.20 educ + 2.29 age +

Discuss what would happen to someones sleep if they choose to work more.

• • Analyzewhetherthefactorsoftotwrk,educ,andageareenoughfactorstoexplainthevariationinsleep.Explainwhichadditionalfactorsshouldbeexplorediinordertoexplainthevariationinsleep.Provideyourreasoning