Questions
You wanted to be an entrepreneur after you graduate from university Along with your friends –...

You wanted to be an entrepreneur after you graduate from university Along with your friends – one from marketing, another one from economics, you set up a new business. Your two friends from other majors are telling you – because you are a management major – to 2 design an organization with structural dimensions and contextual dimensions. You agreed to do it. Design your organization with the above dimensions.?

In: Operations Management

You receive a brochure from a large university. The brochure indicates that the mean class size...

You receive a brochure from a large university. The brochure indicates that the mean class size for​ full-time faculty is fewer than

3333

students. You want to test this claim. You randomly select

1818

classes taught by​ full-time faculty and determine the class size of each. The results are shown in the table below. At

alphaαequals=0.100.10​,

can you support the​ university's claim? Complete parts​ (a) through​ (d) below. Assume the population is normally distributed.

3737

3030

2828

3535

3535

3838

2828

2525

2828

3030

3030

3939

3636

2626

2424

3333

3131

2525

​(a) Write the claim mathematically and identify

Upper H 0H0

and

Upper H Subscript aHa.

Which of the following correctly states

Upper H 0H0

and

Upper H Subscript aHa​?

A.

Upper H 0H0​:

muμequals=3333

Upper H Subscript aHa​:

muμless than<3333

B.

Upper H 0H0​:

muμequals=3333

Upper H Subscript aHa​:

muμnot equals≠3333

C.

Upper H 0H0​:

muμless than<3333

Upper H Subscript aHa​:

muμgreater than or equals≥3333

D.

Upper H 0H0​:

muμgreater than or equals≥3333

Upper H Subscript aHa​:

muμless than<3333

Your answer is correct.

E.

Upper H 0H0​:

muμless than or equals≤3333

Upper H Subscript aHa​:

muμgreater than>3333

F.

Upper H 0H0​:

muμgreater than>3333

Upper H Subscript aHa​:

muμless than or equals≤3333

​(b) Use technology to find the​ P-value.

Pequals=nothing

​(Round to three decimal places as​ needed.)

In: Math

(1)A US based MNC plans to invest in a new project EITHER in US or in...

(1)A US based MNC plans to invest in a new project EITHER in US or in Mexico. The new project is expected to take up a quarter of the firm’s total investment fund. The balance of the corporation’s investment is exclusively in an existing US project. The features of the proposed new project are as follows:

                                                          Existing US project US project (new) Mexico project (new)

Expected rate of return E(R) 10% 15% 15%

Standard deviation of E(R) 0.10 0.11 0.12

Correlation of returns from new

project with returns on existing

US project - 0.95 - 0.05

Based on considerations of risk and return, determine the portfolio the MNC should choose if the goal is to generate more stable returns.

In: Finance

In the laboratory, it is possible to culture the pollen of some angiosperm plants and produce...

In the laboratory, it is possible to culture the pollen of some angiosperm plants and produce a fully differentiated plant individual that does not result from fertilization. This plant individual produces perfect flowers but is sterile. By treatment with colchicine, the plant produced from non fertilization can be made "artificially" diploid and now the plant is fertile. How can you explain the haploid angiosperm is sterile and when made diploid becomes fertile?

In: Biology

(a) Employers at a firm are worried about the effect of March Madness, a basketball championship held each spring in the US, on employee productivity.

 

(a) Employers at a firm are worried about the effect of March Madness, a basketball championship held each spring in the US, on employee productivity. They estimate that on a regular business day employees spend on average 15 minutes of company time checking personal email, making personal phone calls, etc. They also collect data on how much company time employees spend on such non-business activities during March Madness. They want to determine if these data provide convincing evidence that employee productivity decreases during March Madness.

(b) Since 2008, chain restaurants in California have been required to display calorie counts of each menu item. Prior to menus displaying calorie counts, the average calorie intake of diners at a restaurant was 1100 calories. After calorie counts started to be displayed on menus, a nutritionist collected data on the number of calories consumed at this restaurant from a random sample of diners. Do these data provide convincing evidence of a difference in the average calorie intake of diners at this restaurant?

(c) Based on the performance of those who took the GRE exam between July 1, 2004, and June 30, 2007, the average Verbal Reasoning score was calculated to be 462. In 2011 the average verbal score was slightly higher. Do these data provide convincing evidence that the average GRE Verbal Reasoning score has changed since 2004?

In: Statistics and Probability

I only need the best and effective advice on choosing the right data mining method for...

I only need the best and effective advice on choosing the right data mining method for this problem. I am not sure which data model is best.  

Choose a data mining method to create the automatization. Use your model to make predictions on the testing dataset. Evaluate the precision of your model using Root Mean Square Error (rmse) and Correlation (cor) as metrics.
You are hired as a data analyst for Diamonds Inc., a company who appraises diamonds. The company would like to automate appraisals for future shipments and you are responsible for developing the method of automatization. For reference, you are given a dataset containing 48547 diamonds with the following characteristics (variables)

price

price in US dollars (\$326--\$18,823)

carat

weight of the diamond (0.2--5.01)

cut

quality of the cut (Fair, Good, Very Good, Premium, Ideal)

color

diamond color, from J (worst) to D (best)

clarity

a measurement of how clear the diamond is (I1 (worst), SI2, SI1, VS2, VS1, VVS2, VVS1, IF (best))

x

length in mm (0--10.74)

y

width in mm (0--58.9)

z

depth in mm (0--31.8)

depth

total depth percentage = z / mean(x, y) = 2 * z / (x + y) (43--79)

table

width of top of diamond relative to widest point (43--95)

In: Statistics and Probability

Historical average returns for Large Company Common Stocks, Long Term Government Bonds, and US Treasury Bills...

Historical average returns for Large Company Common Stocks, Long Term Government Bonds, and US Treasury Bills for the period 10-year period of 1999 through 2008 are shown in the following table. Use these data to solve the next several problems.

Year

Large Common Stock

Long Term Government Bonds

US Treasury Bills

1999

0.2104

-0.0751

0.0480

2000

-0.0910

0.1722

0.0598

2001

-0.1189

0.0551

0.0333

2002

-0.2210

0.1515

0.0161

2003

0.2889

0.0201

0.0094

2004

0.1088

0.0812

0.0114

2005

0.0491

0.0689

0.0279

2006

0.1579

0.0028

0.0497

2007

0.0549

0.1085

0.0452

2008

-0.3700

0.1424

0.0124

1. Calculate the average return for Large Company Common Stocks for the 10-year period.

2. Calculate the average return for Long Term Corporate Bonds for the 10-year period.

3. Calculate the average return for US T-bills for the 10-year period.

4. Calculate the holding period return for Large Company Common Stocks for the 10-year period.

5. Calculate the holding period return for Long Term Corporate Bonds for the 10-year period.

6. Calculate the holding period return for US T-bills for the 10-year period.

In: Finance

I work for a company that uses accrual-based accounting, not that I'm directly dealing with the...

I work for a company that uses accrual-based accounting, not that I'm directly dealing with the accrual accounts. I have an understanding of my role, accounts receivable, and how it plays into accruals. However, it does appear people outside of finance do sometimes struggle with the concept and with helping to keep finance aware of actions that need reporting, such things like offering a customer a special promotion for future sales not yet recorded.
When reading about the comparisons between US and International accounting practices, I again reflect on my personal experiences at work. I have heard of people within our organization refer to GAAP but not International Financial Reporting Standards (IFRS). We have three international offices, three different entities within our organization. I will be asking around at work to determine if the company prepares two separate financial statements due to having both have US and international business.
Our finance department is just finishing our yearly audit. I've learned the audit is heavily reviewing our US-based practices but also reviewing of our international. My question is how does the audit process differ between US and International, especially when the company being audited consist of both?

In: Accounting

Imagine that you are a reader of a newspaper that has a section that allows ‘letters...

Imagine that you are a reader of a newspaper that has a section that allows ‘letters to the editor.’ (This is where readers are able to write and submit a short article arguing for some point of view). Three such hypothetical letters are below. Imagine that you are writing a response to these letters. Write a response in which you use your social psychology knowledge to argue against the letter writer.

(2) How anyone could have been fooled by Edward Fresno’s money-making program is beyond me. These are supposedly intelligent people who joined this group (cult is more like it!), who were promised to make millions of dollars. What a scam it turned out to be when it was discovered that the whole program was a pyramid scheme! There have been a lot of explanations for how this occurred – for instance, how Edward Fresno was a charismatic person who enticed these people by offering them gradual rewards for being part of the group, or how these people were isolated from others who were not part of the group and thus came to reach really poor decisions because of the lack of outside criticism – but let’s look at the facts. These people had to give up everything to join this group – how could an intelligent person come to enjoy being part of a group like that? How could this Edward Fresno individual persuade intelligent people? Obviously these people weren’t that smart. Anyone with half a brain could have seen years ago that this was a scam! -Josh M. Grant

In: Psychology

Comment on the specific risks (if any) that are caused by the following combination of tasks.

 

a. A sales manager, who works on commission based on gross sales, approves credit and has the authority to write off uncollectible accounts. 

b. The warehouse clerk, who has custodial responsibility over inventory in the warehouse, updates the inventory subsidiary ledger and prepares an inventory summary for the general ledger department. 

c. The billing clerk bills customers and records sales in the sales journal

d. The shop foreman approves and submits time cards to timekeeping and distributes paychecks to employees. 

e. The accounting clerk posts to individual account receivable subsidiary accounts and performs the reconciliation of the subsidiary ledger and the general ledger control account. 

In: Computer Science