Why might a college athlete invest heavily in training to become a pro basketball player given...

Why might a college athlete invest heavily in training to become a pro basketball player given that the chances of succeeding are less than 2%? Does this mean that investing in human capital in the form of practicing jump shots is necessarily a bad investment?

Solutions

Expert Solution

Rahul Sunny answered 1 year ago

Next > < Previous

Related Solutions

1. A pro basketball player is a poor free-throw shooter. Consider situations in which he shoots...

1. A pro basketball player is a poor free-throw shooter. Consider situations in which he shoots a pair of free throws. The probability that he makes the first free throw is 0.51. Given that he makes the first, suppose the probability that he makes the second is 0.64. Given that he misses the first, suppose the probability that he makes the second one is 0.36. What is the Probability he makes both free throws? 2. The most likely scenario for...

A. You are training a 20-year-old male who is a college football player with no previous...

A. You are training a 20-year-old male who is a college football player with no previous injuries or negative health history. He wants to increase his aerobic capacity. What mode, intensity, duration, frequency, and % HRR would you prescribe? B. You have a new client who is 49 years old has MS but has been working out for most of her life. She wants to maintain her fitness level but knows that progression is needed for her health. What mode,...

What 3 injuries might this predispose the athlete to suffer and why because of pes planus

Why is it important that companies invest in training, learning and development? What are the risks...

Why is it important that companies invest in training, learning and development? What are the risks faced by an organization that does not invest, or invests minimally in training, learning and development? (understanding)

how easy is it for small investors to invest in an IPO?Why might this be the...

how easy is it for small investors to invest in an IPO?Why might this be the case?

First, are you a team player? Why or why not? How might you improve your ability...

First, are you a team player? Why or why not? How might you improve your ability to function well on an effective team? Second, consider a team you have been on at school, volunteering, or at work. Using concepts and vocabulary from our textbook, describe this team, its task and whether you found it to be effective. Explain why or why not? What went right, what went wrong? How might the team's effectiveness been improved? Third, comment on the Module...

What advice might a personal financial advisor offer a recent college graduate desiring to become financially...

What advice might a personal financial advisor offer a recent college graduate desiring to become financially secure?

Describe why you are training to become an insurance billing specialist. Directions: Write one or two...

Describe why you are training to become an insurance billing specialist. Directions: Write one or two paragraphs describing why you are training to become an insurance billing specialist. Or, if enrolled in a class that is part of a medical assisting course, explain why you are motivated to seek a career as a medical assistant. Make sure grammar, punctuation, and spelling are correct.

Companies often invest in training their employees to raise their productivity. Economists sometimes wonder why companies...

Companies often invest in training their employees to raise their productivity. Economists sometimes wonder why companies spend money on training employees when this incentivizes other companies to poach their employees with higher salaries since the employees gain human capital from training. Imagine it costs a company 25,000 dollars to teach their employees Python, but it also raises their output by 2,500 dollars per month. The company discounts the future at rate of ?=0.01r=0.01 per month. a. For how many full...

Investment Bankers often become involved with the mergers and acquisitions of firms. So, why might a...

Investment Bankers often become involved with the mergers and acquisitions of firms. So, why might a firm need an investment banking firm to both initiate and complete either the merger or acquisition of a firm...and, tell us what the difference is between a merger and an acquisition. In addition, as CEO (chief investment officer) of the firm, you are to determine the best time to commence the merger/acquisition and the terms of the purchase/take-over. What type of questions might you...

Subjects