Innocent until proven guilty? In Japanese criminal trials, about 95% of the defendants are found guilty. In the United States, about 60% of the defendants are found guilty in criminal trials. (Source: The Book of Risks, by Larry Laudan, John Wiley and Sons) Suppose you are a news reporter following twelve criminal trials. (For each answer, enter a number.)

(a) If the trials were in Japan, what is the probability that all the defendants would be found guilty? (Round your answer to three decimal places.)

What is this probability if the trials were in the United States? (Round your answer to three decimal places.)

(b) Of the twelve trials, what is the expected number of guilty verdicts in Japan? (Round your answer to two decimal places.) verdicts

What is the expected number in the United Sates? (Round your answer to two decimal places.) verdicts

What is the standard deviation in Japan? (Round your answer to two decimal places.) verdicts

What is the standard deviation in the United States? (Round your answer to two decimal places.) verdicts

*I am needing help inputting this equation(s) into Excel

DB 3 - Discussion Question

Search the Internet for New Business Startups, successful and not so successful from 2006 to 2014.

Provide links and discussions for at least one successful business startup and one no so successful startup.

Differences in productivity are usually the major force behind differences in wages and unit labor costs. Suppose that a single unskilled worker at a pottery factory in Mexico can produce 1 mug per hour. By comparison, suppose that a single unskilled worker at a pottery factory in the United States can produce 15 mugs per hour because more and better machinery generates higher labor productivity. The Mexican mugs and the American mugs are identical in quality and durability and sell for the same price. The daily minimum wage in Mexico is 70 pesos per day for an 8-hour work day, and the exchange rate between Mexican pesos and U.S. dollars is 10 pesos per dollar. The federal minimum wage in the United States is $7.25 per hour.

Instructions: Round your answers to 3 decimal places.

a. If unskilled pottery workers are paid the local minimum wage in both countries, how much is the labor cost per mug for mugs produced in Mexico?

       For mugs produced in the United States?

b. With regard to mug production, how much higher are labor costs per hour in the United States?

c. With regard to mug production, how much higher are labor costs per unit in Mexico?

d. Do higher labor costs per hour always imply higher labor costs per unit?

      (Click to select)  No  Yes

e. If firms with lower labor costs per unit expand, while those with higher labor costs per unit contract, in which country will mug-making firms be increasing in size and hiring more employees?

      (Click to select)  The United States  Mexico

     If unskilled pottery workers relocate to where they can find jobs, to which country will they be moving?

Which hypothesis test you believe you should use and why.

• One Sample Proportion Z-test

• Two Sample Proportion Z-test

• One Mean t-test

• Pooled t-test

• Non-Pooled t-test

• Paired t-test

• ANOVA F-test

• Bootstrapping is also an option

Questions:

4. The NOAA National Climatic Data Center of the United States provides data on the average annual temperature for every state in the United States. The average annual temperatures are based on data collected by weather stations throughout each state during the years 1971 to 2000. Is there strong evidence that the mean average annual temperature in the United States is greater than 50 degrees Fahrenheit? Explain. Use a significance level of 5%.

5. As gas prices continue to rise, more customers are beginning to take into account miles per gallon (a measure of the average distance traveled per unit of energy consumed) when determining which type of car to purchase. Do cars made in Japan typically get more miles per gallon than cars made in the United States? A random sample of 79 cars made in Japan had a mean of 30.48 and a standard deviation of 6.11 miles per gallon. A random sample of 249 cars made in the United States produced a mean of 20.14 and a standard deviation of 6.41 miles per gallon. Use a significance level of 0.10.

6. The U.S. Census Bureau reports that 26% of all U.S. businesses are owned by women. A Colorado consulting firm surveys a random sample of 410 businesses in the Denver area and finds that 115 of them have women owners. Should the firm conclude that its area is unusual? Test an appropriate hypothesis and state your conclusion. Use =0.05.

An American worker can produce either 5 cars or 9 tons of grain a year. A Japanese worker can produce either 3 cars or 9 tons of grain a year. To keep things simple, assume that each country has 100 million workers.

Complete the following table with the number of workers needed to make one car or 1 ton of grain in the United States and Japan.

Use the blue line (circle symbol) to graph the production possibilities frontier for the American economy. Then use the green line (triangle symbol) to graph the production possibilities frontier for the Japanese economy.

U.S.Japan01002003004005006007008009001000500450400350300250200150100500Cars (Millions)Grain (Millions of tons)900, 0Y-Intercept: 300X-Intercept: NoneSlope: 0

Complete the following table by determining the opportunity cost of a car and of a ton of grain for both the United States and Japan.

Given this information, has an absolute advantage in producing cars, and has an absolute advantage in producing grain.

Also, has a comparative advantage in producing cars, and has a comparative advantage in producing grain.

Assume that without trade, half of each country's workers produce cars and half produce grain.

Complete the following table with the quantities of cars produced and consumed in each country if there is no trade.

True or False: Both countries would be better off if they produced the good in which they have a comparative advantage and then traded 400 million tons of grain for 200 million cars.

True

False

Review the following PDF to learn more:

MMWR: Strategies for Reducing Health Disparities—Selected CDC-Sponsored Interventions, United States, 2014

Create a 4- to 5-page Microsoft Word document that addresses the following:

Compare the patterns of the major diseases of Hispanic/Latino groups and their rates and health effects between the other racial or ethnic groups living in the United States.

Identify at least one consequence that a lack of access to healthcare has on Hispanics/Latinos.

Explain why access to care issues will need to be monitored even more closely within the U.S. healthcare system beginning 2014.

Find at least two scholarly journal articles that discuss all or at least one of the topic areas related to Hispanic/Latino health disparities in the United States. Provide a synopsis of each article.

Explain what type of barrier(s) (structural, financial, or socio-cultural) each article examines? Describe at least two policies or strategies that can be implemented to improve access to healthcare services as they relate to the articles you reviewed.

Compare the patterns of the major diseases of Hispanic/Latino groups and their rates and health effects between the other racial or ethnic groups living in the United States.

Identify at least one consequence that a lack of access to healthcare has on Hispanics/Latinos.

Explain why access to care issues will need to be monitored even more closely within the U.S. healthcare system beginning 2014.

Find at least two scholarly journal articles that discuss all or at least one of the topic areas related to Hispanic/Latino health disparities in the United States. Provide a synopsis of each article.

Explain what type of barrier(s) (structural, financial, or socio-cultural) each article examines? Describe at least two policies or strategies that can be implemented to improve access to healthcare services as they relate to the articles you reviewed.

I need to use Excel to solve the following:

A United Nations report shows the mean family income for Mexican migrants to the United States is $27,000 per year. A Farm Labor Organizing Committee evaluation of 25 Mexican family units reveals the mean to be $30,000 with a sample standard deviation of $10,000. Does this information disagree with the United Nations report? Apply the .01 significance level.

If the number employed is 150 million, the prime working-age population is 190 million, and the number unemployed is 10 million, the labor force participation rate is 65%, then the unemployment rate is
  
21.1%
8.2%.
6.3%
5.3%
can not be determined because we do not know what the labor participation rate for the actual working age population is.

In the United States, from the first quarter of 2020 to the second quarter of 2020, assume that real GDP decreases by 2.3%, the unemployment rate rises from 3.6% to 8% and the CPI index goes from 148 to 134. In such an economic scenario,
  
The aggregate demand curve must have shifted leftward, moving down along a short-run aggregate supply curve.
The short-run aggregate supply curve must have shifted leftward, moving up along the aggregate demand curve.
The aggregate demand curve must have shifted rightward, moving up along a short-run aggregate supply curve.
The short-run aggregate supply curve shifts rightward, moving down along the aggregate demand curve.

5. Chapter 7: Exercise 68 on page 228

Birthrates 2015 The table shows the number of live births per 1000 women aged 15-44 years in the United States, starting in 1965.

A) Make a scatterplot and describe the general trend in Birth Rates (Enter Year as years since 1900: 65,70,75 etc.)

B) Find the equation of the regression of the line:

C) Check to see if the line is an appropriate model. Explain

D) Interpret the slope of the line

E) The table gives rates only at intervals. Estimate what the rate was in 1978

F) In 1978, the birthrate was actually 15.0. How close did your model come?

G) The birthrate in 2020 was not yet available when this was written. Predict the birth rate in 2020 from your model . Comment on your faith in this prediction.

H) Predict the Birthrate for 2050. Comment on your faith in this prediction.

Consider the following hypothetical natural experiment. The United States imposes a 25% tariff on imported automobiles (cars) in 2020 but does not do so on imported trucks. Canada does not impose such a tariff. In 2020 vehicles (cars+light trucks) in the U. S. (noncommercial) averaged 30 mpg while vehicles in Canada averaged 35 mpg. In 2025 vehicles in the US averaged 35 mpg while vehicles in Canada averaged 45 miles per gallon. Assume (this is a hypothetical natural experiment) that there are no differences between drivers and economic conditions in Canada and the U.S. In an actual analysis of such a situation any observable differences would be addressed using some matching algorithm. a. Using the difference in difference estimator calculate the yearly impact of the tariff on fuel efficiency for all vehicles. b. Assuming that there were 10 million vehicle (car and light truck) sales in the U.S. in 2025 and that each vehicle drives on average 10,000 miles per year, how much more gasoline would be consumed by U. S. drivers in 2025 due to the tariff?