Simple Statistics Definitions

Simple Statistics Definitions

Answer and provide explanation of the definitions listed below:

  1. F distribution
  2. F statistic
  3. chi-square distribution
  4. t distribution
  5. dependent samples
  6. independent samples
  7. degrees of freedom
  8. t statistic
  9. paired difference

No Plagiarism.

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Originally posted 2010-10-28 15:50:16.

INCO Holding Project Cash Flow

INCO Holding Project Cash Flow for $19 Only (Instant Download)INCO Holding Project Cash Flow

INCO Holding is considering selling one of its old factories for $6 million and using the money to finance investing in consumable paper products. INCO has an agreement with NBB bank to finance any additional investments at a rate of 20.0% per year.

Due to a fierce market competition, the expected demand on such product (which is a packet of 500 card cups) is 1,400,000 products per year. It is expected to increase by 3% per year for the 1st 10 years then it will decrease by 2% each year from year 11 to year 20, this is due to the introduction of new products.  Each product can be sold to distributors for USD 2.25 in the 1st 10 years then it decreases to 1.95 in the last 10 years. Raw material price is USD 0.35 per piece and increases yearly by USD 0.015.

A production system can be purchased and installed with the USD 4 Million budgeted. It has a production capacity of 250 000 products per month. This model is expected to last for 20 years. According to the recommendation of the producer. Labor cost per product is USD 0.35, whereas overhead is about USD 0.95 per product, the overhead includes electrical power consumption, support staff and other expenses. The production system is depreciated using the declining balance method with a depreciation rate 12% per year. It is expected to be sold for USD 400,000 at the end of its life (20 years).

Management Planning Questions

 Management Planning Questions

1. Which of the following statements describes the characteristics of a goal?

a. It’s a broad statement of the scope and operation of a business
b. It should be neither too difficult nor to easy.
c. It outlines specific steps for achieving a particular aim
d. It’s used on the operational level only

2. Which of the following situations illustrates a programmed decision?

a. A decision to relocate a manufacturing plant
b. ” ” to reorder more paint to complete a job
c. ” ” to set up a new manufacturing assembly line
d. ” ” to offer anew product line

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Originally posted 2010-10-28 15:25:47.

Statistics Questions

  1. A health magazine presented results of a recent study that analyzed data collected by the U.S. Census Bureau in 2000.  Results reveal that for both men and women in the U.S., heart disease remains the number on killer, victimizing 500,000 people annually.  Age, obesity, and inactivity all contribute to heart disease, and all three of these factors vary considerably from one location to the next.  The highest mortality rates (death per 100,000 people) were reported in New York, Florida, Oklahoma, And Arkansas, whereas the lowest were reported in Alaska, Utah, Colorado, and New Mexico
  • What is the population?
  • What is the sample:
  • Is the study descriptive or inferential In nature? Explain briefy
  • Is the study observational or experimental?  Explain  briefyly
  • What are the variables?
  • What level of measurement was used to obtain data from the variables?
  • Classify all the variables of the study as either attribute or numerical
  • What parameter best characterizes the risk for each member of the population?

2.   Identify each of the following as examples of nominal, ordinal, discrete, or continuous variables:

  • A poll of registered voters in Florida asking which candidate they support:
  • The length of time required for a wound to heal when using a new medicine:
  • The number of telephone calls arriving at a switchboard per five-minute period:
  • The distance first-year college football players can kick a ball:
  • The number of pages in a book:
  • The rankings of employees on their job performance:

3.   Describe the four levels of measurement:

  • Nominal:
  • Ordinal:
  • Interval:
  • Ratio:

4. Construct a frequency distribution table to organize the following set of quiz scores:

3    5    4          6          2          3          4          1          4          3          7          7          3

4   5     8          3          2          4          7          10

5. Construct a grouped frequency distribution for the following 28 scores using a class width of 5.

23        20        18        22        12        14        21        23        16        21        22

21        16        18        27        30        17        24        21        27        19        29]

25        23        28        24        19        18

6.  Identify the sampling technique used to obtain a sample in each of the following.  Explain why you chose the sampling technique you did for each

  • Everry 20th washing machine coming off an assembly line is checked for defects:
  • District supervisors are selected using random number in order to determine annual salaries:
  • Students at a local university are classified according to their major.  Then a random sample of 20 students from each major is selected:
  • The first 40 people entering a supermarket are asked their opinion on the price of cooking oil:
  • A state is divided into regions using zip codes.  A random sample of 30 zip code areas is selected:

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Originally posted 2010-10-28 14:58:44.

Economic Development Indices

Economic Development Indices in $9 only

BACKGROUND :  All countries are not economically equal. According to the World Bank, countries can be divided up into four categories (see the Introduction PowerPoint for a map of which countries are classified in which categories):

  1. High Income Economies
  2. Upper Middle Income Economies
  3. Lower Middle Income Economies, and
  4. Lower Income Economies

You might also see the use of the terms More Developed Countries (MDC’s) and Less Developed Countries (LDC’s) to differentiate between countries and their level of economic development (this is more politically correct). More Developed Countries are countries like the United States. Less Developed Countries are countries like Somalia.

Originally posted 2010-10-27 15:59:48.

Marketing Paper: Product Life Cycle

Marketing Paper: Product Life Cycle

Resources: Chapter 9 of Marketing: Real People, Real Choices

In recent times, a popular consumer electronics company, Apple Inc. has released a high demand product to the marketplace. The iPod portable MP3 player and iTunes interface allow the user to quickly and easily purchase, download, and listen to music. As with any new product in the marketplace, the Apple Inc. has taken steps to manage this product throughout its marketing life cycle.

Write a 700 to 1,050-word paper analyzing how the company has managed each stage of the product life cycle of the popular MP3 player. Determine which stage of the life cycle the product is in currently. Defend why you feel the product is in the stage you identified.

Your paper should include the following elements:

  •  A brief description of the product’s objectives and marketing strategies
  •  An analysis of the Introduction phase of the product
  •  An overview of how the company has managed or should manage the product through the Growth stage
  •  A review of how the Maturity stage has impacted or will impact on the product sales, profits, pricing, and marketing communication
  •  A prediction of the product’s decline in the marketplace

Summarize your paper by answering the following questions:

  1. Do you agree or disagree with how each stage has been managed?
  2. What alternative approaches to life cycle management cycle will you suggest?

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Originally posted 2010-10-27 15:48:12.

PCN 521 Topic 8 Vargas Family Case Study

PCN 521 Topic 8 Vargas Family Case Study: Eighth Session (Obj. 8.1) for $21 Only

Details:

Part 1: Read the entire “Vargas Family Case Study” (all eight sections). Consider the progress (or lack thereof) over the past eight sessions. Using the “Discharge Summary Outline” template; include the following in your outline:

  1. A brief summary of what was going on with the family
  2. A review of the initial treatment goals
  3. Theories and interventions used
  4. A brief discharge summary for the family treatment
  5. Clinical recommendations for sustained improvement or referrals for additional services

Part 2: Review the “Vargas Family Case Study” and the provided literature regarding current trends and integrative models of family therapy. Identify two potential evidence-based or integrative models to which you would consider referring the Vargas family if problems persist. Compose a 6-12-slide PowerPoint presentation to be shared with your class. Be sure to include the following elements for each of the two models:

Finance Question: NPV and CAPM Related

Finance Question: NPV and CAPM Related

Finance Question: NPV and CAPM Related

Suppose that a project is to last 10 years, has an initial investment of $20,000, and cash flows of $2,000 per year and a terminal cash flow of $9,000.

Further, suppose that the project has a beta of 1.2, the risk free rate is 5.5%, and the market premium is 7.0%.  Calculate the NPV of this project and identify the decisions rule.

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Originally posted 2010-10-26 16:33:05.

Module 05 – Case assignment

Module 05 – Case assignment

Home Depot Inc. is one of the largest and best known US companies.  Former GE executive, Robert L. Nardelli was hired in 2000 as CEO of Home Depot Inc. At the time, the company was still dominated by the entrepreneurial spirit of the founders.  The control measures that Nardelli took in order to streamline Home Depot, Inc. are well documented.  After reading the background materials, conduct additional research and respond to the following questions:

1.  What are the most important aspects of the controlling function?

2.  What steps did Nardelli take in renovating Home Depot?

3.  How can Nardelli’s approach be applied in the health care setting?

Limit your responses to a maximum of 3 pages.  Be sure to properly cite all references.

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Originally posted 2010-10-20 14:21:25.

Module 04 – Case assignment

What are the traits of successful leaders?  In other words, what do successful leaders do well?  Provide examples.

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Originally posted 2010-10-20 14:12:18.

Module 02 – Case Assignment

In addition to providing quality health care to patients, health organizations are required to comply with all local, state and federal regulations impacting delivery of and payment for health care services.  In this module you will focus on =planning in this context.  After reading the background materials, conduct additional research and respond to the following questions:

1.  Why is compliance planning so important to health care organizations?

2.  Why is strategic planning an important managerial function?

3.  How can strategic planning concepts be used to plan effectively for compliance in the health care setting?

Limit your responses to a maximum of 3 pages.  Be sure to properly cite all references.

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Originally posted 2010-10-20 13:55:51.

Module 04 – Session Long Project

Module 04 – Session Long Project

For this component of the Session Long Project, please turn to the organization you selected in module 1 and explore its leadership, namely the CEO, Chairman, and other executive managers. Focus on one or more executives, depending on available information.

Please analyze, =sing background materials, the characteristics of these leaders and of their styles. Do they empower their employees or are they authoritarian?  Are they transformational or transactional or maybe both?  How do they fulfill their functions? What is the vision they created for the organization?  How do they motivate the workforce? How do they communicate the vision? Are they change agents?

When ready submit a 3 page paper on this topic.

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Originally posted 2010-10-18 13:26:46.

Module 03 – Case assignment

In this module we look at organizing as a managerial function.  As one of your readings indicted “the purpose of the organizing function is to make the best use of the organization’s resources to achieve organizational goals.”  One of the major resources of an organization is its staff to whom work must be assigned and delegated.  After reading the background  materials, conduct additional research and respond to the following questions:

1.  Why is delegation an important function; particularly, in the health care setting?

2.  What is the relationship between delegation and empowerment?

3.  What should managers be careful about when it comes to delegation and empowerment?

Limit your responses to a maximum of 3 pages.  Be sure to properly cite all references.

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Originally posted 2010-10-18 13:21:50.

ENTR 510 Entire Course Entrepreneurship New Ventures

ENTR 510 Entire Course Entrepreneurship New Ventures for $95 OnlyENTR 510 Entire Course Entrepreneurship New Ventures

ENTR 510 Entire Course Entrepreneurship New Ventures

ENTR 510 Week 5 Midterm

ENTR 510 Week 5 Midterm ( Power Point Presentation )

ENTR 510 Week 6 Case Study: DayOne

ENTR 510 Week 6 Case Study: P’kolino Financials

ENTR 510 Week 6 Exercise: Pro-forma financial statements

ENTR 510 Week 7 Exercise: Agreement Concerns

ENTR 510 Week 7 You Decide

ENTR 510 Week 8 Final Assignment

1. Why are small businesses important to our economy? Provide an example of a company making an impact on the economy.

2. Explain, in your own words, Schumpeter’s view of entrepreneurship. Provide an example of your start-up and how it fits or does not fit within Schumpeter’s view.

3. What are the stages described in the model of the entrepreneurial process? What are the factors that give birth to a new enterprise and influence how it develops from an idea to a viable enterprise?

4. Why does a start-up need a first-class team? What are some preferred skills team members need to function in a start-up?

5. Why does a start-up always have competition? What is the difference between direct and indirect competitors? How can you find out about your competitors?

6. What can an entrepreneur do when there are no business opportunities at all?

7. Explain the first mover’s advantage? Provide an example of a company that operated in the first-mover advantage.

8. Why is talking with customers critical for entrepreneurs?

9. Why is the marketing done by entrepreneurs different from marketing done by established companies?

10. Explain why team players are generally more successful than solo entrepreneurs.

11. Describe the pros and cons of having two jobs at the early stages of the venture.

12. Three major problems your team may face are burnout, interpersonal conflicts, and family pressure. Describe how you can prevent and overcome them.

13. Why do some start-ups use business plans and others do not?

14. What are the critical risks entrepreneurs need to identify in the business plan? Provide examples of ways entrepreneurs can overcome those risks.

15. Explain why it is important to construct pro forma financial statements for new ventures.

16. Describe venture capital investing from the perspective of the firm’s general partners.

17. Name the ways of valuing a business. Explain why none of them are ideal.

18. Provide a brief description of the various ways to capitalize a new venture.

19. Name at least eight criteria an ideal candidate for venture capital has to meet.

20. To qualify for assistance from the Small Business Administration, the proceeds of an SBA-guaranteed loan must be used for what purpose?

21. What are the pros and cons of patenting a product?

22. List the common business entities and describe them.

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Module 02 – Session Long Project

Remember the organization you selected in Module 1 SLP!  In this module, please focus on the mission and strategies of the organization.

Submit a 2-3 page paper describing the following:

  • mission
  • goals/objectives
  • strategies to achieve goals and objectives (courses of action)
  • implementation of the strategies

Answer available.

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Originally posted 2010-10-18 13:18:13.

Module 01 – Session Long Project

The Session Long project is intended to allow students to personalize the course/modular concepts by applying them.  Please select a =company/organization/institution that you will analyze during this session.  Please make sure that you are able to obtain information on the company you select.  We recommend you select a large and well-known organization.  For those of you employed in the health care setting feel free to use your employer.

For this =modules, please provide a brief summary of the company profile.  At the end =f this module, submit a 1-2 page paper with the following information:

  • name of =organization
  • mission and vision
  • ownership =privately or publicly held, non-profit or for profit)
  • size
  • location
  • domestic or international
  • a brief history

Remember, you will use this organization throughout this entire course in all SLPs.  also, learn how to read the fine print when you access the Website of the company you select. There is a wealth of information from reading about the company, its mission statement,  CEO and executive =eam,  officers, investors, annual report, press releases, etc.

Answer available.

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Originally posted 2010-10-18 13:13:50.

Question on LSD

Question on LSD for $5 OnlyQuestion on LSD

An experimenter examined the effects of LSD on complex learning in rats. One group of rats was given a very small dose of LSD–so small that it was unlikely to have any behavioral effects. A second group was given a large dose. Then both groups ran through a complex maze several times. The dependent variable was the number of errors the rats made before obtaining the food reward at the end of the maze. The large-dose group made 4.5 times as many errors as the small-dose group, and the experimenter concluded that LSD can negatively affect complex learning. Comment on the levels of the independent variable that were used. What other dependent variables could be recorded? Comment on the conclusion by the experimenter.

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Economics Questions

1. In 2003, when music downloading first took off, Universal Music slashed the prices of CDs from an average of $21 to an average of $15. The company said that it expected the price cut to boost the quantity of CDs sold by 30%.

a. What was Universal Music’s estimate of the price elasticity of demand for CDs?

b. Given your answer to part (a), if you were making the pricing decision at Universal Music, would you cut the price, raise the price, or leave the price unchanged? Explain your decision.

2. The table gives the demand and supply schedules for sandwiches.

Price

(dollars per sandwich)

Quantity demanded

(sandwiches per hour)

Quantity supplied

(sandwiches per hour)

03000
125050
2200100
3150150
4100200
550250
60300

a. What is the maximum price that consumers are willing to pay for the 200th sandwich?

b. What is the minimum price that producers are willing to accept for the 200th sandwich?
c. Are 200 sandwiches a day less than or greater than the efficient quantity?
d. If the sandwich market is efficient, what is the consumer surplus?
e. If the sandwich market is efficient, what is the producer surplus?
f. If sandwich makers produce 200 a day, what is the deadweight loss?
g. If the demand for sandwiches increases and the sandwich markers continue to produce 200 a day, describe the change in consumer surplus, producer surplus, total surplus, and the deadweight loss.

Hints: For problem 1, please refer to chapter 4 (elasticity). Bear in mind that price elasticity of demand is calculated using the percentage changes. For problem 2, please refer to chapter 5 (efficiency and equity).

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Originally posted 2010-10-12 17:12:40.