Due: 07/25/2018
Bonus Assignment #1

Directions: For this bonus assignment, you will give a presentation on a statistical model of your choosing. To do this, choose a statistical model from the list below and come up with a hypothetical study related to your research interests that could be conducted using the model. Presentations should be 5-6 minutes and must include the following:
Background information on your topic, research question/hypothesis, and why you think your study should be conducted.
State the IV (including levels) and the DV. Be specific about what your variables are. Review “operational definitions” in your textbook. Also, mention the scale of measurement your variables are measured on.
Explain what the procedure would be for individuals participating in your study. BE SPECIFIC ABOUT EACH STEP IN THE PROCEDURE.
Come up with a sample data set for your hypothetical study (minimum of 30 data points total). Demonstrate how the data would be analyzed using the model in JMP*. You can obtain a free copy of JMP using your student id information here: (http://helpdesk.louisiana.edu/sasjmp).
Explain how to interpret the results of the test. Relate your analysis to the question posed by your hypothetical study.
Choose from the following statistical models:
One-way between-subjects ANOVA
One-way within-subjects ANOVA
Two-way between-subjects ANOVA
Regression
*Two-way ANOVA does not require a JMP demonstration.

Course Learning Outcomes-Covered
• Demonstrate a solid understanding of decision making process for complex issues pertaining to business environment both internally and externally. (1.2)
• Explain critical thinking and cognitive psychology as it pertains to analyze and synthesize information for problem solving and decision making. (2.7)
• Identify and analyze different perspectives on understanding problems for different situations. (3.1)

Assignment Instructions:
• Log in to Saudi Digital Library (SDL) via University’s website
• On first page of SDL, choose “English Databases”
• From the list find and click on EBSCO database.
• In the search bar of EBSCO find the following article:
Title: “The elements of good judgement- How to improve your decision-making”
Author: Sir Andrew Likierman, Professor, London Business School
Date of Publication: January–February 2020  
Published: Harvard Business Review

Assignment Questions: (Marks 05)
1. Read the attached article titled as “The elements of good judgement- How to improve your decision-making” by Sir Andrew Likierman, published in Harvard Business Review, and answer the following Questions: [5 Marks]
a. Summarize the article and explain the main issues discussed in the article. (In 600-700 words)
b. What do you think about the article in relations to what you have learnt in the course about improving decision-making and problem solving skills? Use additional reference to support you argument. (In 300-500 words)

Please adhere to the number of words required and mention a reference

New expression and clear line.

Jack has been working as a project engineer for a mechanical energy technology firm for a few years now, and has recently been promoted to review projects for in-need communities overseas. He has been put in charge of managing the current company's charity projects, and determining how to distribute the funding for them. Some of the projects are pretty straightforward in their mission and material requirement, but for one project, Jack isn't sure whether the company should be funding it. The project's mission is to provide new solar panels for an East African community but the project data suggests it is more practical to just install better lighting inside the homes. Jack wonders whether to bring up his doubts with his boss. Based on the company's research on the community, the community desires better lighting system for their homes, and the solar panels would be an expensive and high maintenance project. Not to mention, there was a previous project that (when followed through) resulted in equipment being stolen from the same region to exchange for money. Jack understands their local sponsor would gain a great advantage in featuring solar panels in the community. It would also foster a good business partnership between the two companies. However, Jack feels it is his responsibility to provide the community with a more sımple and efficient solution to their problem, without diving into a large project that could possibly lead to negative side effects Is Jack's company wrong to provide technology to the community when they don't need it? (Your answer should be least 150 words)

The times of the finishers in the New York City 10km run are normally distributed with mean of 61 minutes and standard deviation ? minutes. It is known that 70% of finishers have a finish time greater than 60 minutes. Let ?denote the finishing time for finishers in this race.

Note: Show your R codes/output.

Note: You can use the functions pnorm() or qnorm() in R to help you in solving the following parts.

The function pnorm(), compute probabilities from known bounding values. The function qnorm() , aims to do the opposite: given an area, find the boundary value that determines this area.

a) (2 points) Find the standard deviation of the finishing time (?).
Note: Provide the R code and output for the z-value or finding area under the standard normal curve.

b) (2 points) In 2013 approximately 7748 individuals took part in the run. A random sample of 9 individuals is drawn and their finishing times are recorded. Assuming everyone finished the run. What is the probability that among the 9 finishers selected their average finishing time is greater than 59 minutes. Note: Mention the R code and output for the z-value or finding area under the standard normal curve. Do the calculations for 3 decimal points.

c) (2 points) A second, independent sample of individuals is drawn from this population. How large of a sample must be drawn if the probability that the average finishing time is less than 62 must be 80%? Note: Show the R code and output for the z-value or for finding area under the standard normal curve.

A person was admitted to hospital for a car accident and sustained a fracture in his right arm and left leg with burns of total burn surface area of 68% and injury in his head and neck due to accident but with no fracture in them. He stayed in coma for 3 days to control his situation and the severity of brain injury is measured by the Glasgow Coma Scale and found to be 14. The patient had no previous medical or nutritional problems. The patient had a surgery for his leg (installation for hip joint), but all other problem were solved with no surgeries. An inflammation happened to his hip after the surgery where the physician delayed his discharge from the hospital. The patient weight upon his admission to hospital is 109 Kg and his height is 188 cm.

1-Discuss the metabolic response in this case describing phases, hormonal state, regulations? (Please notice that your answer not to exceed 300 words, and list the reference you have used).

2-If you are working in this hospital as a dietitian, explain the nutrition plan you will follow for this case, in each stage of his medical treatment plan, from his admission, ICU, before surgery, after surgery, at home, mention all nutrients to concentrate on, or to supply and method of feeding to use in each stage? (Please notice that your answer not to exceed 1 word page, with single space between lines, and no need for references).

-How to assess thyroid disorders medically and nutritionally?

(Please notice that your answer not to exceed 150 words for each point, and list the reference you have used).

Manny was arrested as the main suspect in a murder investigation. Manny was brought into an interrogation room, but was not read his Miranda rights. A police officer asked Manny, “Where were you on the night of May 2?” Manny proceeded to confess to the murder, detailing the time and location of the murder and the use of a knife as a murder weapon.

The officer immediately left the room, and he then realized that he accidentally forgot to read Manny his Miranda rights. He reported his mistake to the chief, who decided to place Manny in a holding cell.

Two hours later, Manny was brought back into the interrogation room where he was questioned by a different officer. Prior to questioning, this officer properly read Manny his Miranda rights.

Manny stated that he understood his rights and repeated his confession about the time and location of the murder but did not mention the knife.

Police then went to the location and found the victim and the weapon (a knife) used in the murder next to the body. The knife was later found to have Manny's blood and fingerprints.

At his trial, Manny admitted that both of his statements were voluntarily made, but argued that they should each be suppressed, along with the murder weapon (knife) since all were the "fruit" of a Miranda violation.

Which, if any, pieces of evidence should be suppressed?

So my company wants our employees to install Teramind in their personal computers during the pandemic because bosses are worried that our team will slack off. and I received the email from our manager today about it. Now being the senior team leader, I just need help writing the first paragraph, which will be a buffer for the rest of my email to the manager convincing him to not use Teramind so he can message the superiors. Buffer basically means that its the first defence against toxic messaging. [t is a meaningful, neutral statement that establishes rapport with the reader without forecasting the bad news. It reduces the surprise a reader might otherwise experience upon suddenly learning unpleasant news. With its conciliatory tone, the buffer puts the reader in a more agreeable frame of mind, helping to neutralize the bad news when it is finally revealed. A buffer can be an expression of agreement, appreciation, or general principle or a chronology of past communications. An effective buffer never misleads the reader into thinking that positive news will follow. Instead, it guides the reader toward the explanation, often by planting a keyword that carries over to the next paragraph. Internal messages on routine matters may not require buffers, but messages intended for superiors, customers, or job applicants benefit from the sensitivity this device helps to show. One thing you can also mention smoothly in the buffer for this situation is that employee output has been the same as before the pandemic too (eg: code, documentation etc)

Read the following email message, and do as directed: (10 marks each)

Analyze the message and point out the weaknesses, mention the points citing an example from the message.

Rewrite the message to improve the effectiveness.

Subject: Printing costs are out of control

I am not sure what everyone is printing or even who is doing all the unnecessary printing, but a look in the recycling bin showed a number of areas of waste:

Printouts of email messages

Unneeded copies of document

Draft copies of documents containing errors

Blank (or almost blank) sheets containing only page numbers or empty spreadsheet cells

This wasteful practice has to stop. Therefore, I had no choice but to remove all printers and photocopiers from the office and replace them with a single printer/photocopier.

This, of course, means that printing will not be as fast or as convenient as it has been, but the old machines were noisy, inefficient, and a possible cause of indoor pollution, so I know that everyone will welcome the change. I expect everyone to work towards reducing their thoughtless use of valuable resources by not printing out email messages, finding other ways to reduce paper waste, and sending large orders to Document Processing.

To ensure that this happens, the new printer/ copier will require you to enter an individual ID code before printing so that print volumes can be recorded. No further action will be taken with this information right now, but if wasteful printing is not reduced during next 3 months, heads will roll.

Brit has gone to the local BJ LoFi store to purchase a new mobile plan for her tablet computer. She has no real intention of getting a new tablet computer – the recent COVID-19 events have left her with no spare cash. She can afford a $40 a month plan at the moment on her budget.
As she enters the store, she sees a display with the well-known Fudge brand of tablet computers offering their latest award winning model, the “fTab”, on display for $10 a month with a $30 plan. Britt is over the moon – finally she has caught a break as she can afford this plan (which has all the features she wants) and the new tablet.
Brit goes up to Jaz, the sales assistant, and states clearly, “I accept the offer of a $10 fTablet on the $30 plan” pointing to the tablet computer on display.
Jaz looks up with alarm and says, “Oh no, not again! That should read $120 a month for the tablet on that plan. I can’t sell that to you at that price.”
“It’s too late – we have a contract,” states Brit sternly.
After Jaz continues to argue, Brit storms out saying that the store “Will be hearing from my lawyers.”
The Manager of the store has asked you to write a Memo (using the ILAC format) asking if Brit is correct – is there a contract? Use only the principles from Contract Law in your answer (i.e. do NOT use any Consumer Law). Make sure you mention all three principles of a simple apparent contract in your answer.

ABC Investments manages portfolios for a number of wealthy clients. They consider three investment types for their clients: a growth stock fund, an income fund, and a money market fund. For diversification purposes, they impose the following minimum and maximum percentages for each type of investment in each portfolio: Investment Type Minimum % Maximum % Growth Stock Fund 20% 40% Income Fund 20% 50% Money Market Fund 30% 60% The risk index and the annual yield forecast for each type of investment are as follows: Investment Type Risk Index Annual Yield Growth Stock Fund 0.1 18.0% Income Fund 0.07 12.5% Money Market Fund 0.01 7.5% Drexel has a new client with $800,000 to invest, and he would like the weighted average risk index of his portfolio to be no more than 0.05. Help Drexel come up with an investment plan that maximizes the expected annual yield of this client's portfolio.

a) If the client's risk index is increased to 0.055, how would the portfolio yield be affected?

b) If the annual yield for the growth stock fund decreased to 16%, how would the portfolio allocation be affected?

c) The client wants to add a constraint to ensure that the amount in the growth stock fund is no more than the amount invested in the income fund. Would this change the portfolio allocation - if so, how?

d) If the risk index of the income fund is revised downward to 0.06, how would this affect the portfolio yield?

Please use excel solver and mention all formulations!