Questions
The rate of entrepreneurship has been growing steadily in the United States over the past decade....

The rate of entrepreneurship has been growing steadily in the United States over the past decade. The reasons behind this increase are varied. Most of the people starting a business seek a combination of greater financial success, independence, flexibility, and challenge.

Owning a business holds appealing benefits for entrepreneurs like being their own boss, having control over their schedule, and facing new challenges. Almost every entrepreneur starts out as a small businessperson but not every small businessperson starts out as an entrepreneur.

Entrepreneurs should have a vision, self-reliance, energy, confidence, tolerance of uncertainty, and tolerance of failure. Entrepreneurs are wildly excited about their own new ideas. They find new solutions to old problems, and they develop new products, and they stick to their ideas in spite of the discouragement they face from others.

Answer This Question: If you could do anything for work: Anything that would give you the income to live in a manner that you want to live (rich, poor, middle class, bohemian, artistic, unattached, settled, etc), what would you do?

In: Finance

The United States of America (USA) have by far the highest negative trade balance among the...

The United States of America (USA) have by far the highest negative trade balance among the world countries in absolute terms. At the same time they have continuously reduced the tariffs imposed on imports over the last decades (average import tarriff rate has gradually fallen from about 20% in the 1930’s to less than 2% currently). Please, provide your comment on this situation! Would you suggest the USA to impose more trade barriers in order to reduce their trade deficit – why or why not?

In: Economics

The European Union (EU) and United States (US) demand and supply equations for corn are: QDEU...

The European Union (EU) and United States (US) demand and supply equations for corn are: QDEU = 70 – 2 PEU QSEU = 20 + 3PEU QDUS = 130 – 3PUS QSUS = 30 + PUS where QD and QS represent the quantities demanded and supplied in both countries (in billions of tons) and P represents the Dollar price per ton of corn in each country.

Now assume that there is free trade between the European Union and US.

d. Determine the international equilibrium price of corn (per ton).

e. How much corn is produced and consumed in the European Union and US.

f. How much corn is traded between the two regions. Draw graphs to represent the market situation before and after trade. Suppose now that the European Union limits its imports of corn to 14 billions of tons.

g. What will be the new equilibrium prices of corn in the European Union and US?

h. What are the new domestic production and consumption levels in each region? How much corn is traded?

In: Economics

2. The European Union (EU) and United States (US) demand and supply equations for corn are:...

2. The European Union (EU) and United States (US) demand and supply equations for corn

are:
QDEU =70–2PEU QSEU =20+3PEUQDUS = 130 – 3PUS QSUS = 30 + PUS

where QD and QS represent the quantities demanded and supplied in both countries (in billions of tons) and P represents the Dollar price per ton of corn in each country.

f. How much corn is traded between the two regions. Draw graphs to represent the

market situation before and after trade.
Suppose now that the US limits its imports of corn to 14 billions of tons.

g. What will be the new equilibrium prices of corn in the European Union and US?
h. What are the new domestic production and consumption levels in each region? How

much corn is traded?

In: Economics

The European Union (EU) and United States (US) demand and supply equations for corn are: QDEU...

The European Union (EU) and United States (US) demand and supply equations for corn are: QDEU = 70 – 2 PEU QSEU = 20 + 3PEU QDUS = 130 – 3PUS QSUS = 30 + PUS where QD and QS represent the quantities demanded and supplied in both countries (in billions of tons) and P represents the Dollar price per ton of corn in each country. a. Graph the US and European Union supply and demand curves for corn (what are the intercepts?). b. Determine the US and European Union equilibrium prices in the absence of trade. c. Find the surplus (or shortage) in both countries at the price of $ 20.

In: Economics

Do health care workers in the United States have the potential to meet the primary care...

Do health care workers in the United States have the potential to meet the primary care needs created by the implementation of the ACA? Discuss workforce planning and the shortcomings of our system in this regard. Consider the education required for various health care professions, along with the factors that render it so expensive. Additionally, consider some of the critical issues related to the health care workforce that need to be addressed to ensure a system that can deliver the quality and quantity of care needed by Americans.

In: Nursing

the average annual miles driven per vehicle in the United States is 11.1 thousand miles, with...

the average annual miles driven per vehicle in the United States is 11.1 thousand miles, with σ ≈ 600 miles. Suppose that a random sample of 36 vehicles owned by residents of Chicago showed that the average mileage driven last year was 10.8 thousand miles. Does this indicate that the average miles driven per vehicle in Chicago is different from the national average? Use a 5% level of significance.

a. State the null and alternative hypotheses ?0: ?1:

b.What calculator test will you use? List the requirements that must be met to use this test, and indicate whether the conditions are met in this problem.

c. Run the calculator test and obtain the P-value.

d. Based on your P-value, will you reject or fail to reject the null hypothesis?

e. Interpret your conclusion from part d in the context of this problem.

In: Statistics and Probability

While non-invasive prenatal testing (NIPT) is increasingly common in the United States, it is not universally...

  1. While non-invasive prenatal testing (NIPT) is increasingly common in the United States, it is not universally supported
  1. Make at least one argument for NIPT.
  2. Make at least one argument against NIPT.
  3. Contrast these arguments and discuss how you feel about NIPT (so long as you engage specifically with the arguments, there is no wrong answer to this question, it’s based on your opinion)

In: Biology

In 2017, the entire fleet of light‑duty vehicles sold in the United States by each manufacturer...

In 2017, the entire fleet of light‑duty vehicles sold in the United States by each manufacturer must emit an average of no more than 84 milligrams per mile (mg/mi) of nitrogen oxides (NOX) and nonmethane organic gas (NMOG) over the useful life ( 150,000 miles of driving) of the vehicle. NOX + NMOG emissions over the useful life for one car model vary Normally with mean 78 mg/mi and standard deviation 6 mg/mi.

(a) What is the probability that a single car of this model emits more than 84 mg/mi of NOX + NMOG? (Enter your answer rounded to four decimal places.)

(b) A company has 36 cars of this model in its fleet. What is the probability that the average NOX + NMOG level ?¯ of these cars is above 84 mg/mi? (Enter your answer rounded to four decimal places.)

In: Statistics and Probability

The mean number of eggs per person eaten in the United States is 234. Do college...

The mean number of eggs per person eaten in the United States is 234. Do college students eat more eggs than the average American? The 65 college students surveyed averaged 248 eggs per person and their standard deviation was 92.4. What can be concluded at the α = 0.01 level of significance? For this study, we should use The null and alternative hypotheses would be: H 0 : H 1 : The test statistic = (please show your answer to 3 decimal places.) The p-value = (Please show your answer to 4 decimal places.) The p-value is α Based on this, we should the null hypothesis. Thus, the final conclusion is that ... The data suggest that the sample mean is not significantly more than 234 at α = 0.01, so there is not enough evidence to conclude that the sample mean number of eggs consumed by college students per year is more than 248. The data suggest that the population mean is not significantly more than 234 at α = 0.01, so there is not enough evidence to conclude that the population mean number of eggs consumed by college students per year is more than 234. The data suggest that the populaton mean is significantly more than 234 at α = 0.01, so there is enough evidence to conclude that the population mean number of eggs consumed by college students per year is more than 234. Interpret the p-value in the context of the study. There is a 11.3178436% chance that the population mean number of eggs consumed by college students per year is greater than 234 . There is a 11.3178436% chance of a Type I error. If the population mean number of eggs consumed by college students per year is 234 and if another 65 college students are surveyed then there would be a 11.3178436% chance that the sample mean for these 65 students surveyed would be greater than 248. If the population mean number of eggs consumed by college students per year is 234 and if another 65 students are surveyed then there would be a 11.3178436% chance that the population mean number of eggs consumed by college students per year would be greater than 234. Interpret the level of significance in the context of the study. There is a 1% chance that you will find the chicken that lays the golden eggs. If the population population mean number of eggs consumed by college students per year is more than 234 and if another 65 college students are surveyed then there would be a 1% chance that we would end up falsely concluding that the population mean number of eggs consumed by college students per year is equal to 234. If the population mean number of eggs consumed by college students per year is 234 and if another 65 college students are surveyed then there would be a 1% chance that we would end up falsely concluding that the population mean number of eggs consumed by college students per year is more than 234. There is a 1% chance that the population mean number of eggs consumed by college students per year is more than 234.

In: Statistics and Probability