A banking executive studying the role of trust in creating customer advocates has determined that 44% of banking customers have complete trust, 45% of banking customers have moderate trust, and 11% have minimal or no trust in their primary financial institution. Of the banking customers that have complete trust, 66 % are very likely to recommend their primary financial institution; of the banking customers that have moderate trust, 24% are very likely to recommend their primary financial institution; and of the banking customers that have minimal or no trust, 3% are very likely to recommend their primary financial institution. Complete parts (a) and (b) below.
a. Compute the probability that if a customer indicates he or she is very likely to recommend his or her primary financial institution, the banking customer also has complete trust (Round to three decimal places as needed.)
In: Statistics and Probability
Write down the initial simplex table for the following problem. Find the first pivot column and the first pivot. Do not complete the simplex algorithm.
A department store has up to 16000TL to spend on television advertising for sale. All ads will be placed with one television station. A 30-second ad costs 1000TL on daytime TV and is viewed by 14000 potential customers, 1800TL on prime-time TV and is viewed by 18000 potential customers, and 1500TL on late-night TV and is viewed by 14400 potential customers. The television station will not accept a total of more than 15 ads in all three time periods. How many ads should be placed in each time period in order to maximize the number of potential customers who will see the ads? How many potential customers will see the ads?
In: Accounting
Limb Development.
Different species display characteristic digit patterning along the anterior-posterior axis. The forelimbs of bats are modified such that the posterior digits are elongated and maintain their webbing (to make the functional bat wing). Researchers observed that in addition to the normally timed expression of Sonic hedgehog (Shh) in the bat ZPA, there is a second phase of both Fgf8 and Shh expression in the developing forelimb in the interdigital tissue.
How does the second phase of Fgf8 and Shh contribute to both the elongation of the forelimb digits and to the maintenance of the webbing between the digits?
In: Biology
1) What are the four types of sensory receptors for the general senses? What is the nature of the stimuli that excite each type?
2) Jake steps on a piece of ice with his right foot. Outline the pathway this sensation will travel to reach his brain being specific about the structures along the way.
3) What are differences and similarities between "crude" touch and "fine" touch sensations?
4) How can an understanding of the neurotransmitters important in the function of the basal nuclei contribute to an understanding the underlying cause for Parkinson's disease?
Search entries or author
In: Anatomy and Physiology
Answer the following questions regarding wealth, poverty, and inequality.
Regarding Personal Economic Factors:
Where do you stand personally in terms of your overall wealth?
What factors in your own background contributed to your current financial status and your potential future financial status?
To what extent do you place importance on your own current and future financial status? Explain.
What are the reasons for the widening gap in wealth in the United States?
To what extent do such gaps in wealth contribute to oppression, on the one hand, and privilege and power on the other? Why and how does this occur?
Can or should something be done about huge economic gaps between the wealthy and the impoverished? If so, what should be done and why?
What are the reasons for such extreme global poverty?
What can or should be done to help?
Regarding Gaps in Wealth in the United States:
What are the reasons for the widening gap in wealth in the United States?
To what extent do such gaps in wealth contribute to oppression, on the one hand, and privilege and power on the other? Why and how does this occur?
Can or should something be done about huge economic gaps between the wealthy and the impoverished? If so, what should be done and why?
Regarding Global Poverty:
What are the reasons for such extreme global poverty?
What can or should be done to help?
In: Psychology
On January 1, 2017, the ledger of Sheridan Company contains the
following liability accounts.
| Accounts Payable | $44,700 | |
| HST Payable | 6,600 | |
| Unearned Revenue | 13,800 |
During January, the following selected transactions
occurred.
| Jan. 2 | Borrowed $23,000 from Canada Bank on a three-month, 6%, $23,000 note. | |
| 5 | Sold merchandise for cash totalling $17,600 plus 13% HST. | |
| 12 | Performed services for customers who had made advance payments of $8,600. The payment included HST of $990. (Credit Service Revenue.) | |
| 14 | Paid Receiver General for HST invoiced in December 2016 ($6,600). | |
| 20 | Sold 770 units of a new product on credit at $40 per unit, plus 13% HST. | |
| This new product is subject to a one-year warranty. | ||
| 25 | Sold merchandise for cash totalling $10,800 plus 13% HST |
1. Journalize the January transactions
2. Journalize the adjusting entries at January 31 for (1) the outstanding notes payable, and (2) estimated warranty liability, assuming warranty costs are expected to equal 7% of sales of the new product sold January 20.
3. Prepare the current liabilities section of the balance sheet at January 31, 2017. Assume no change in accounts payable.
In: Accounting
On January 1, 2018, Red Flash Photography had the following
balances: Cash, $19,000; Supplies, $8,700; Land, $67,000; Deferred
Revenue, $5,700; Common Stock $57,000; and Retained Earnings,
$32,000. During 2018, the company had the following
transactions:
| 1. | February | 15 | Issue additional shares of common stock, $27,000. | |
| 2. | May | 20 | Provide services to customers for cash, $42,000, and on account, $37,000. | |
| 3. | August | 31 | Pay salaries to employees for work in 2018, $30,000. | |
| 4. | October | 1 | Purchase rental space for one year, $19,000. | |
| 5. | November | 17 | Purchase supplies on account, $29,000. | |
| 6. | December | 30 |
Pay dividends, $2,700. |
The following information is available on December 31, 2018:
1. Employees are owed an additional $4,700 in salaries.
2. Three months of the rental space has expired.
3. Supplies of $5,700 remain on hand.
4. All of the services associated with the beginning deferred
revenue have been performed.
1February 15Cash27,000Common stock27,0002May 20Cash42,000Accounts receivable37,000Service revenue79,0003August 31Salaries expense30,000Cash30,0004October 01Prepaid rent19,000Cash19,0005November 17Supplies29,000Accounts payable29,0006December 30Dividends2,700Cash2,7007December 31Salaries expense4,700Salaries payable4,7008December 31Rent expensePrepaid rent9December 31Supplies expense30,000Supplies30,00010December 31Deferred revenue5,700Service revenue5,70011December 31Service revenueRetained earnings12December 31Retained earningsSalaries expenseSupplies expenseRent expense13December 31Retained earnings2,700Dividends2,700
In: Accounting
Flip all 3 coins 10 times. Each flip place a tally mark next to the number of heads in the following table
|
Experiment 1 |
|
|
Number of Heads |
TallyMark |
|
0 |
1 |
|
1 |
4 |
|
2 |
5 |
|
3 |
0 |
|
Total Tosses |
10 |
|
Experiment 2 |
|
|
Number of Heads |
TallyMark |
|
0 |
7 |
|
1 |
17 |
|
2 |
16 |
|
3 |
10 |
|
Total Tosses |
50 |
|
Experiment 3 |
|
|
Number of Heads |
TallyMark |
|
0 |
16 |
|
1 |
41 |
|
2 |
27 |
|
3 |
16 |
|
Total Tosses |
100 |
For each of the tables on the previous side, make a frequency distribution and a relative distribution
10 Tosses
50 Tosses
100 Tosses
1. Draw a tree Diagram to represent the event of tossing three coins
2. What is the sample space for this event?
3. Using the random variable, X, that measures the number of heads when you toss three coins, write the theoretical probability distribution.
4. Write a few sentences that compare and contrast the relative frequencies between the three experiments. Why are they different or similar?
5. Write a few sentences that compare relative frequencies with the theoretical probabilities. Why would they be similar or different? What happens as the number of trials gets bigger?
In: Statistics and Probability
23. what group in a country lose as a result of a tariff?
a.gavernment
b. domestic producers
c. Domestic consumers
d. all of above lose
24. What insight has experimental economics given to the field of economics?
25. Which of the following is true at equilibrium?
a. all of above
b. unexploited gains from trade remain in the market
c. producer surplus is maximized
d. quantity supplied equals quantity demanded
26. A new tariff is placed on imported cars in the amount of $2,000 per car. if 900,000 cars were imported before the tariff and 825,000 are after the tariff then
a. the government gets tariff revenue of $150 million
b. consumers surplus decreases by $1.8 billion
c. the government gets tariff revenue of $1.65 billion
d.75,000 more domestic cars are sold after the tariff
27. Tariff produce deadweight losses due to
a. a reduction in the number of trades
b. domestic producer profits increasing
c. an increase in imports
d. the government receiving tax revenue
In: Economics
Explain in up to 200 words the relationship between Openness and economic development by calculating the correlation coefficient between GDP per capita (proxy for economic development) and Openness for Paraguay and Poland, respectively. [Here you have to use the CORREL command in Excel].
| Country Name | Country Code | Series Name | Series Code | 2001 [YR2001] | 2002 [YR2002] | 2003 [YR2003] | 2004 [YR2004] | 2005 [YR2005] | 2006 [YR2006] | 2007 [YR2007] | 2008 [YR2008] | 2009 [YR2009] | 2010 [YR2010] | 2011 [YR2011] | 2012 [YR2012] | 2013 [YR2013] | 2014 [YR2014] |
| Paraguay | PRY | Exports of goods and services (current US$) | NE.EXP.GNFS.CD | 3459319570 | 3402825624 | 3625989129 | 4371893087 | 5083809323 | 6252319090 | 7818347667 | 9993980610 | 8210295841 | 11036468064 | 13186264509 | 12278348692 | 14356651476 | 13954911448 |
| Paraguay | PRY | GDP (current US$) | NY.GDP.MKTP.CD | 7662595076 | 6325151760 | 6588103836 | 8033877360 | 8734653809 | 10646157920 | 13794910634 | 18504130753 | 15929902138 | 20030528043 | 25099681461 | 24595319574 | 28965906502 | 30881166852 |
| Paraguay | PRY | GDP per capita (current US$) | NY.GDP.PCAP.CD | 1417 | 1148 | 1175 | 1409 | 1507 | 1810 | 2312 | 3060 | 2600 | 3226 | 3988 | 3856 | 4480 | 4713 |
| Paraguay | PRY | GINI index (World Bank estimate) | SI.POV.GINI | 55 | 57 | 56 | 53 | 51 | 54 | 52 | 51 | 50 | 52 | 53 | 48 | 48 | 52 |
| Paraguay | PRY | Imports of goods and services (current US$) | NE.IMP.GNFS.CD | 2727373823 | 2298406126 | 2623501714 | 3307792347 | 4018039423 | 5221045741 | 6461917817 | 9166237324 | 7130137358 | 10313046052 | 12621883682 | 11979621541 | 12983600420 | 13242370791 |
| Poland | POL | Exports of goods and services (current US$) | NE.EXP.GNFS.CD | 51878648721 | 57137009804 | 72632296220 | 87410323710 | 105952277925 | 130565028203 | 165538367008 | 202086584758 | 163740453116 | 191967370760 | 225042181278 | 222344181762 | 242809098962 | 259386390289 |
| Poland | POL | GDP (current US$) | NY.GDP.MKTP.CD | 190521263343 | 198680637255 | 217518642325 | 255102252843 | 306134635594 | 344826430298 | 429249647595 | 533815789474 | 440346575958 | 479257883742 | 528725113046 | 500284003684 | 524201151607 | 545075908846 |
| Poland | POL | GDP per capita (current US$) | NY.GDP.PCAP.CD | 4981 | 5197 | 5694 | 6681 | 8021 | 9041 | 11260 | 14001 | 11542 | 12598 | 13891 | 13144 | 13780 | 14340 |
| Poland | POL | GINI index (World Bank estimate) | SI.POV.GINI | 33 | 34 | 35 | 35 | 35 | 34 | 34 | 34 | 34 | 33 | 33 | 32 | 33 | 32 |
| Poland | POL | Imports of goods and services (current US$) | NE.IMP.GNFS.CD | 58766945944 | 63908088235 | 78406788377 | 94256069554 | 109183717624 | 137680257857 | 180703003578 | 228993441806 | 167514280213 | 201543256955 | 235386043059 | 224546822229 | 232598709188 | 251529270071 |
In: Economics