. In 1973, the Basic Education Opportunity Grant (later renamed the Pell Grant) was established to provide grant aid to low-income students—not just recent high school graduates (“traditional students”) but also older students who might be returning to school (“nontraditional students”). The program was intended to increase college enrollment among the students most likely to face difficulties financing a college education. a. How is the effect of the Pell grant on college enrollment different for a student who is in his mid-20s than for a recent high school graduate?

A radio station trying to determine what kind of music to play takes a simple random sample of 50 students at each of three locations: a local middle school, a high school, and a college. The students are asked to choose which of three different music genres they most enjoy hearing on the radio. Here are the results: (12 points). Music Genre Hip-hop Alternative Post-rock Total Age Level Middle-school 28 18 4 50 High-School 22 22 6 50 College 16 20 14 50 Total 66 60 24 150 (a) In the table below, provide the appropriate conditional distributions based on the data collected for comparing the music-listening preferences of the three age levels, based on the data above. (2 points) Music Genre Hip-hop Alternative Post-rock Age Level Middle-school High-School College (b) Perform the appropriate statistical test to determine if there is a difference in the music preference of these three age groups, remember to do all 4 parts in a significance test. (10 points). (c) If you chose a chi-square test for homogeneity in part (b), explain how the data could have been obtained to make a chi-square test for independence appropriate. If you chose a test for independence, explain how the data could have been obtained to make a test for homogeneity appropriate.

The Ministry of Education wants to know whether attending a private school has a positive causal effect on student test scores. The Ministry provides you with data that covers all students in the province of Ontario. The data include each student's grade average and whether he or she attends a public or private school. Note that attending a private school is an active choice made by students and parents (all students are guaranteed a spot in a public school) and students are required to pay tuition to attend (public schools are free).

You define the independent variable of interest as

??=   1 if student attends a private school

  0 otherwise

Let ??? denote the grade average of student ?. You consider estimating the following regression in order to evaluate the effect of attending a private school on student grade average:

???=?0+?1??+??

Please answer the following questions.

a/ Interpret the parameter ?0. What does it represent?

b/ Interpret the parameter ?1. What does it represent?

c/Using the econometric model given by the equation above (???=?0+?1??+??), write down (mathematically) the condition that must be satisfied for OLS estimation of this model to result in an unbiased estimate of ?1. Now interpret this condition (in words). Do you think the condition is satisfied?

d/ Would your answer to question (1c) above change if heteroskedasticity was present in this model? If so, explain how. If not, why not? Make sure to (briefly) define heteroskedasticity in your answer.

In a simple random sample of 1600 young​ people, 86​% had earned a high school diploma. Complete parts a through d below. a. What is the standard error for this estimate of the percentage of all young people who earned a high school​ diploma? .0096 nothing ​(Round to four decimal places as​ needed.) b. Find the margin of​ error, using a​ 95% confidence​ level, for estimating the percentage of all young people who earned a high school diploma. nothing​% ​(Round to one decimal place as​ needed.) c. Report the​ 95% confidence interval for the percentage of all young people who earned a high school diploma. left parenthesis nothing % comma nothing % right parenthesis ​(Round to one decimal place as​ needed.) d. Suppose that in the​ past, 80% of all young people earned high school diplomas. Does the confidence interval you found in part c support or refute the claim that the percentage of young people who earn high school diplomas has​ increased? Explain. A. The interval does not support this claim. This is because​ 80% is not in the​ interval, and all values are above​ 80%. B. The interval supports this claim. This is because​ 80% is not in the​ interval, and all values are above​ 80%. C. The interval does not support this claim. This is because​ 80% is in the interval. D. The interval supports this claim. This is because​ 80% is in the interva

(Please make answer clear)

Big babies: A public health organization reports that 30% of baby boys 6 - 8 months old in the United States weigh more than 20 pounds. A sample of 16 babies is studied. Round the answers to three decimal places.

A. What is the probability that exactly 6 of them weigh more than 20 pounds? The probability that exactly 6 of them weigh more than 20 pounds is__?

(b) What is the probability that more than 5 weigh more than 20 pounds? The probability that more than 5 weigh more than 20 pounds is__?

(c) What is the probability that fewer than 5 weigh more than 20 pounds? The probability that fewer than 5 weigh more than 20 pounds is__?

(d) Would it be unusual if more than 4 of them weigh more than 20 pounds? It ▼(Choose one) (would OR would not) be unusual if more than 4 of them weigh more than 20 pounds, since the probability is

Consider Gavin, a new freshman who has just received a Stafford student loan and started college. He plans to obtain the maximum loan from Stafford at the beginning of each year. Although Gavin does not have to make any payments while he is in school, the unsubsidized 6.8 percent interest owed (compounded monthly) accrues and is added to the balance of the loan. UNSUBSIDIZED Stafford loan limits: Freshman $6,000 Sophomore 6,000 Junior 7,000 Senior 7,000 After graduation, Gavin gets a 6-month grace period. This means that monthly payments are still not required, but interest is still accruing. After the grace period, the standard repayment plan is to amortize the debt using monthly payments for ten years. a. Show a time line of when the loans will be taken. b. What will be the loan balance when Gavin graduates after his fourth year of school? c. What is the loan balance six months after graduation? d. Using the standard repayment plan and a 6.8 percent APR interest rate, compute the monthly payments Gavin owes after the grace period.

After my MBA Full time completion since 2012 i have worked all across on various challenging roles of Sales and Marketing Assignments that too all across various parts and geographies of India but since 2017 i worked as an Area Marketing Manager and subsequently my interest and passion towards pursuing my career towards academics statred to grow as i love to speak and interact with people based on valid logic only and also to know about new things and gaining knowledge, currently i am 34 and my wife is also a government employee and now i want to be settle at one place and pursue my dream of completing Fellowship in Management with specialization in Marketing. Currently i am based at Mumbai and looking for a reputed B-School to pursue my FPM in Management full time in Mumbai or Pune. I want to know about good B School option in Mumbai or surroundings and also about my aspiration that whether my rich plethora of practical experiences will going to help me or not. I have also qualified UGC-NET 2019.

In March 1976, plaintiff Albin Laaperi purchased a smoke detector from Sears. The detector, manufactured by the Pittway Corporation, was designed to be powered by AC (electrical) current. Laaperi installed the detector himself in one of the two upstairs bedrooms in his home.

Early in the morning of December 27, 1976, a fire broke out in the Laaperi home. The three boys in one of the upstairs bedrooms were killed in the blaze. Laaperi’s 13-year-old daughter Janet, who was sleeping in the other upstairs bedroom, received burns over 12 percent of her body and was hospitalized for three weeks.

The uncontroverted testimony at trial was that the smoke detector did not sound an alarm on the night of the fire. The cause of the fire was later found to be a short circuit in an electrical cord that was located in a cedar closet in the boys’ bedroom. The Laaperi home had two separate electrical circuits in the upstairs bedrooms: one which provided electricity to the outlets and one which powered the lighting fixtures. The smoke detector had been connected to the outlet circuit, which was the circuit that shorted and cut off. Because the circuit was shorted, the AC-operated smoke detector received no power on the night of the fire. Therefore, although the detector itself was in no sense defective (indeed, after the fire the charred detector was tested and found to be operable), no alarm sounded.

Laaperi brought this diversity action against defendants Sears and Pittway, asserting negligent design, negligent manufacture, breach of warranty, and negligent failure to warn of inherent dangers. The parties agreed that the applicable law is that of Massachusetts. Before the claims went to the jury, verdicts were directed in favor of defendants on all theories of liability other than failure to warn.…

Laaperi’s claim under the failure to warn theory was that he was unaware of the danger that the very short circuit which might ignite a fire in his home could, at the same time, incapacitate the smoke detector. He contended that had he been warned of this danger, he would have purchased a batterypowered smoke detector as a back-up or taken some other precaution, such as wiring the detector to a circuit of its own, in order better to protect his family in the event of an electrical fire.

The jury returned verdicts in favor of Laaperi in all four actions on the failure to warn claim. The defendants’ motions for directed verdict and judgment notwithstanding the verdict were denied, and defendants appealed.
The Court affirmed the judgment in favor of Albin Laaperi in his capacity as administrator of the estates of his three sons. In the action on behalf of Janet laaperi, the verdict of the jury was set aside, the judgment of the district court was vacated, and the cause was remanded to the district court for a new trial limited to the issue of damages.

1. This a US Court of Appeals case from the First Circuit in Massachusetts. Why is this case in federal court?

2. Why does the court talk about its “sense of the current state of tort law in Massachusetts” and how this case “would be treated by the Massachusetts courts,” as if it were not in the state at all but somehow outside?

3. What rule of law is in play here as to the defendants’ liability?

4.This is a tragic case—three boys died in a house fire. Speaking dispassionately—if not heartlessly—though, did the fire actually cost Mr. Laaperi, or did he lose $3.4 million (in 2010 dollars) as the result of his sons’ deaths? Does it make sense that he should become a millionaire as a result? Who ends up paying this amount? (The lawyers’ fees probably took about half.)

5. Is it likely that smoke-alarm manufactures and sellers changed the instructions as a result of this case?

You are preparing a statement of activities for the University of Richland, a private not-for-profit entity. The following questions should be viewed as independent of each other.

Part 1

During the current year, a donor gives $386,000 in cash to the school and stipulates that it must hold this money forever. However, any investment income earned on this money must be used for faculty salaries. During the current year, the investment earned $42,000 and, of that amount, the school has expended $29,000 appropriately to date. As a result of these events, what was the overall change in each of the following for the current year?

Unrestricted net assets.

Temporarily restricted net assets.

Permanently restricted net assets.

Part 2

A donor gives a large machine to the school on January 1 of the current year. It has a value of $201,000, no salvage value, and a 10-year life. The donor requires that the school keep the machine and use it for all 10 years, and the school agrees. It cannot sell or retire the machine in the interim. As a result of these events, what was the overall change in each of the following for the current year?

Unrestricted net assets.

Temporarily restricted net assets.

Operating expenses.

Part 3

Several years ago, a donor gave the school $430,000 in cash to help fund its financial aid program. This year, the school charged $2.40 million in tuition but granted $740,000 in financial aid. Collections to date from the students have totaled $1.50 million. The donor’s gift has offset $310,000 of the financial aid. As a result of these events, what was the overall change in each of the following for the current year?

Unrestricted net assets.

Operating expenses.

Temporarily restricted net assets.

Show your steps.

You are preparing a statement of activities for the University of Richland, a private not-for-profit entity. The following questions should be viewed as independent of each other.

1.  During the current year, a donor gives $429,000 in cash to the school and stipulates that it must hold this money forever. However, any investment income earned on this money must be used for faculty salaries. During the current year, the investment earned $41,000 and, of that amount, the school has expended $26,000 appropriately to date. As a result of these events, what was the overall change in each of the following for the current year?

a. Unrestricted net assets.

b. Temporarily restricted net assets.

c. Permanently restricted net assets.

2. A donor gives a large machine to the school on January 1 of the current year. It has a value of $214,000, no salvage value, and a 8-year life. The donor requires that the school keep the machine and use it for all 8 years, and the school agrees. It cannot sell or retire the machine in the interim. As a result of these events, what was the overall change in each of the following for the current year?

a. Unrestricted net assets.

b. Temporarily restricted net assets.

c. Operating expenses.

3. Several years ago, a donor gave the school $390,000 in cash to help fund its financial aid program. This year, the school charged $2.40 million in tuition but granted $790,000 in financial aid. Collections to date from the students have totaled $1.50 million. The donor’s gift has offset $400,000 of the financial aid. As a result of these events, what was the overall change in each of the following for the current year?

a. Unrestricted net assets.

b. Operating expenses.

c. Temporarily restricted net assets.