A) Two arthroscopic surgeries were compared among patients suffering from osteoarthritis who had at least moderate knee pain. The lavage type has the joint flushed with fluid and no instrument is used to remove tissue; the debridement type has the joint flushed with fluid and an instrument is used to remove tissue. Knee pain scores, ranging from 0 to 100 with higher scores indicating severe pain, were obtained for patients randomly assigned to the two groups after the surgery and the results are given below:
------------Sameple Size--------Sample Mean-------Sample Standard Deviation
Lavage 11 59 24
Debridment 13 49 23
Determine a 95% confidence interval for the difference between the mean knee pain score for the lavage group and that for the debridement group
B) A test of abstract reasoning is given to a random sample of 10 students before and after completing a formal logic course. The results are shown below.
Before----------After
71 71
81 86
85 82
67 75
92 95
71 66
61 67
78 81
64 71
80 88
Determine a 95% confidence interval for the difference between the mean score after completing the course and the mean score before completing the course
C) The quality control officer collects a random sample of 100 yardsticks from the day's production run. The sample mean is 36 inches. The population standard deviation for that day’s production is σ =1 inches.
1)Find a 99% confidence interval for the mean length of all yardsticks made that day
2)The margin of error associated with the 99% confidence interval for the mean length of all yardsticks made that day is
3)You decide that margin of error in previous question is too large, and you want it to be at most 0.1 inches, what is the minimum sample size in order to obtain this margin of error with a confidence level of 99%?
In: Statistics and Probability
Assume that if the product requested is not in stock, it needs to be manufactured before the order handling can continue. In this way, an order can never be rejected. To manufacture a product, the required raw materials have to be ordered. Two preferred suppliers provide dierent types of raw material. Depending on the prod- uct to be manufactured, raw materials may be ordered from either Supplier 1 or Supplier 2, or from both. Once the raw materials are available, the product can be manufactured and the order can be conrmed. On the other hand, if the product is in stock, it is retrieved from the warehouse before conrming the order. Then the process continues normally. After conrming the order, the shipment address is received and the requested product is shipped while the invoice is emitted and the payment is received. Afterwards, the order is archived and the process completes. 2 With respect to the above process, use the following report format and provide necessary discussion under each section: 1. Descriptions of System - Describe the system - (If any) Explain any problem(s) in the system (e.g. causes of the problem and its (potential) eects 2. Simulation Objective(s) - State the objective(s) of carrying out your simulation project 3. Experimental Factors & Responses - Discuss the potential experimental factors of your simulation study. - Discuss the potential responses and explain how they should be presented. 4. Model Contents & Level of Details - Show which of systems components will be included/excluded in your simu- lation model and explain why they should be included/excluded. - Describe the appropriate level of details for the included components. 5. Models Process Map - Diagrammatically represent your conceptual model in a form of a process map - Make sure that the constructed process map is representative to the model contents and level of details. 6. Assumptions & Simplications - State all assumptions are made to abstract the system in the conceptual model. - Describe any simplications are made during the abstraction process.
In: Operations Management
Hello Everyone,
Can anyone tell me why my program will not run? I am trying to work on abstract base classes... not sure what is going on.
import math
from abc import ABC
from abc import abstractmethod
#TODO: convert this to an ABC
class Shape(ABC):
def __init__(self):
self.name = ""
def display(self):
print("{} - {:.2f}".format(self.name, self.get_area()))
#TODO: Add an abstractmethod here called get_area
@abstractmethod
def get_area(self):
if self.name == "Circle":
get_area()= 3.14 * radius * radius
else:
get_area() = self.length * self.width
#TODO: Create a Circle class here that derives from Shape
class Circle(Shape):
def __init__(self):
super().__init__()
self.name = "Circle"
self.radius = 0.0
get_area()
#TODO: Create a Rectangle class here that derives from Shape
class Rectangle(Shape):
def __init__(self):
super().__init__()
self.name = "Rectangle"
self.length = 0.0
self.width = 0.0
get_area()
def main():
#TODO: Declare your list of shapes here
s = Shape()
c = Circle()
r = Rectangle()
radius = []
length = []
width = []
command = ""
while command != "q":
command = input("Please enter 'c' for circle, 'r' for rectangle or 'q' to quit: ")
if command == "c":
radius = float(input("Enter the radius: "))
#TODO: Declare your Circle here, set its radius, and
# add it to the list
self.name = "Circle"
radius.apphend
return radius
elif command == "r":
length = float(input("Enter the length: "))
width = float(input("Enter the width: "))
#TODO: Declare your Rectangle here, set its length
# and width, and add it to the list
self.name = "Rectangle"
return length, width
length.apphend
width.apphend
# Done entering shapes, now lets print them all out:
s.display()
#TODO: Loop through each shape in the list, and call its display function
for i in Shape():
s.display()
if __name__ == "__main__":
main()
In: Computer Science
The concept of technology managing value-exchange transactions and allowing access by businesses to information throughout the exchange is called _______________________________.
| A. |
Machine Learning |
|
| B. |
Mesh Applications |
|
| C. |
Conversational Systems |
|
| D. |
Blockchain |
2 points
QUESTION 4
Supply Chain Information Systems would typically contain modules for the following, EXCEPT:
| A. |
Lead Generation and Tracking |
|
| B. |
Inbound/Outbound Logistics |
|
| C. |
Inventory Management |
|
| D. |
Order Management |
Which of the following statements is NOT true regarding the relationship between Artificial Intelligence and jobs?
| A. |
Jobs requiring routine physical and mental tasks are prime candidates for automation |
|
| B. |
AI-enabled machines will be able to operate, and continue to improve, on their own without any human support or intervention |
|
| C. |
AI-enabled machines more than likely will do jobs that most humans don’t want to do such as cleaning up toxic and military-waste sites |
|
| D. |
AI will increase the need to develop skills that machines aren’t good at – including abstract reasoning, systems thinking and creativity |
Which of the following statements is NOT true regarding Business Intelligence Information Systems?
| A. |
Business Intelligence systems are only used to support the development of marketing programs |
|
| B. |
Business Intelligence systems analyze past performance and make predictions about future behavior |
|
| C. |
Business Intelligence systems incorporate all five standard information system components |
|
| D. |
Data Warehouses are generally a key element of Business Intelligence systems |
2 points
QUESTION 11
Which of the following statements is NOT true regarding market-basket analysis?
| A. |
It is a data mining technique for determining sales patterns, and helps determine cross-selling opportunities |
|
| B. |
Market-basket analysis focuses on the probability that two or more items will be purchased together |
|
| C. |
Support is the conditional probability estimate of whether one item will be purchased given that the customer purchased a second item |
|
| D. |
Lift shows how much the base probability for purchasing an item increases or decreases when other products are purchased. |
In: Operations Management
Your firm maintains a citation index of biomedical journal articles used by a variety of medical research institutes and pharmaceutical firms. Each article is identified by a unique "DOI number"; in addition to this number, you want the database to store each article's title, abstract, date of publication, journal volume number, journal issue number, and journal pages. Each article is authored by one or more researchers. For each researcher, your database should store a family name, given name, date of birth, and current employer. The database should remember which researchers authored each article, and the order they appear in the article writing credits.
Each article appears in a single journal, and each journal is identified by a unique "ISSN" number. The database should be able to identify which journal each article appeared in. Furthermore, for each journal, the database should remember its name and the name of the organization that publishes it. Sometimes journals change names, and one journal "continues' another journal. For example, the ORSA Journal on Biomedical Computation might become the INFORMS Journal on Biomedical Computation when its publishing organization merges with another organization. The name change makes it a different journal but the database should be able to remember which journal (if any) "continues" any given journal.
Finally, articles usually contain multiple citations to other articles. For example, an article about clinical treatment of a particular disease might contain citations to dozens of prior research articles about that disease. This information can be very useful to researcher, so the database should be able to store the full pattern of citations between articles. Note that an article not only usually cites many other articles but may also be cited by many other articles.
In: Computer Science
The Company - Traditions Ltd
Recent Events
In the past the Store has operated profitably. However, the most recent financial statements revealed a small loss for the previous trading period. This came as quite a shock to the owners and is causing great concern.
Prior to this news, and in a move which seems to have been totally unrelated to it, the family members decided to appoint a Managing Director in order to take some of the workload from their own shoulders. They appointed Vijay as the Store's first Managing Director and when he takes up his appointment he will be the first 'non-family' member to be employed in a senior managerial role. He is well qualified for the job, having gained valuable retail experience with Sparks and Mention plc, a leading department store chain with a first class management training programme and an excellent growth and profits record. His first post with Sparks and Mention plc was as a graduate trainee and he progressed to store manager of one of the company's stores in the affluent South East of England.
As a result of the reported loss for the previous trading period, the family members called a meeting of the Store's employees to discuss the situation. This type of meeting was unprecedented in the history of the Store. Prior to the meeting, a suggestion box was set up and attendees were asked to put forward suggestions for improving the profitability of the Store.
One suggestion for improving the profitability of the Store was the closure of the Toy Department, another suggestion was the closure of the Restaurant and a third suggestion was an across the board price reduction of 5% in order to stimulate demand. In each case the source of the suggestion was not identified.
Unfortunately, when the family members asked for information to assist in evaluating these suggestions, this was hampered by the lack of management information produced within the company. Apparently, the recording systems were geared to maintaining records for government regulatory bodies, such as Customs and Excise and the Inland Revenue, and to assist the company secretary in the production of the year-end financial statements.
Since Samantha is studying for an accounting degree, she was asked to tackle the job of seeking out information which might be helpful. The information she produced is set out below. It identifies revenues and costs incurred during the previous trading period.
|
Departments
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The family members were so impressed with the information she produced that they asked her to consider taking on the additional role of management accountant in the company.
Samantha has looked into the behaviour of these costs at different sales levels. Purchases of goods for resale in all departments varied proportionally with the level of sales. Additionally, due to the staffing policy of the company (see note on staffing policy below), so did the wages of non-management staff. Departmental expenses (for instance, wrapping paper for goods purchased, cleaning of staff uniforms) were also considered to vary with the level of sales, and there seemed to be a direct correlation between sales promotion costs in the departments and the increase in sales. Other costs totaling $412,000 (not included in the above schedule) were considered not to change with sales levels and some of these costs could not be directly related to individual departments.
Note on Staffing Policy
The company staffs all the Departments by using a core of full time staff to cover a minimum demand level and a flexible workforce of part time staff to work as and when required, with no guaranteed minimum or maximum number of hours for part-time staff.
Required:
a) On the assumption that the costs for this trading period will not change significantly from those of the previous period, prepare marginal costing statements to show contributions for each department and contribution and profit for the Store overall on the basis of:
i) all departments remaining in operation;
ii) the closure of the Restaurant Department
b) Discuss briefly the financial and non-financial consequences of closing the Restaurant Department.
c) Identify the problems which Samantha would need to address in her new role as Management Accountant of Traditions Limited.
d) How would you, as Samantha, approach the setting up of a budgetary planning and control system for the Store and what behavioural problems do you think you might encounter.
In: Accounting
Category | Prior Year | Current Year |
| Accounts payable | 3,136.00 | 5,912.00 |
| Accounts receivable | 6,865.00 | 8,909.00 |
| Accruals | 5,736.00 | 6,053.00 |
| Additional paid in capital | 20,381.00 | 13,763.00 |
| Cash | ??? | ??? |
| Common Stock | 2,850 | 2,850 |
| COGS | 22,644.00 | 18,617.00 |
| Current portion long-term debt | 500 | 500 |
| Depreciation expense | 964.00 | 1,040.00 |
| Interest expense | 1,294.00 | 1,127.00 |
| Inventories | 3,079.00 | 6,686.00 |
| Long-term debt | 16,952.00 | 22,082.00 |
| Net fixed assets | 75,263.00 | 74,206.00 |
| Notes payable | 4,068.00 | 6,510.00 |
| Operating expenses (excl. depr.) | 19,950 | 20,000 |
| Retained earnings | 35,375.00 | 34,409.00 |
| Sales | 46,360 | 45,043.00 |
| Taxes | 350 | 920 |
What is the firm's total change in cash from the prior year to the current year?
Answer format: Number: Round to: 0 decimal places
In: Finance
A huge worldwide retailer has made cyber security changes to help prevent financial liabilities and identity theft. The changes are estimated to result in legal and customer service savings each year for 3 years. The company’s time value of money is 6% per year.
What is the future worth at year 3 if the annual savings are
$12,000,000 per year?
In: Finance
What is the future value of a five-year ordinary annuity of $1,000 per year if the interest rate is 1.28%? Hint: solve for year 5.
In: Finance
What is the value in year 4 of a $710 cash flow made in year 6 if interest rates are 9 percent? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
In: Finance