E-commerce in Saudi Arabia has received a boost following the launch of several digital payment platforms in the last few years, a development that should support the growing number of online shoppers and contribute to government efforts to diversify the economy. Saudi Arabia is one of the fastest-growing markets in the Middle East for electronic payments, investments in the e-commerce market are set to rise under the government’s Vision 2030 strategy and National Transformation Programe (NTP), which both aim to improve communications connectivity and data transmission throughout the country as part of the broader diversification drive.
Answer the following questions:
1. What are the different methods of e-payment systems used in e-commerce platforms in Saudi Arabia?
2. Discuss the benefits of the multiple types of e-payment system to the customers?
3. Discuss the benefits of the multiple types of e-payment system to the e-commerce business?
4. What are some factors affecting the e-commerce business when choosing the e-payment gateways?
5. Explain some issues related to the e-payment system in the e-commerce platforms?

You are doing a chi-square test with a 5 by 9 table of counts (that is, 5 rows and 9 columns).

What is the degrees of freedom?

Suppose you get ?^2 = 45.23. Calculate the p-value.

Suppose that you want to see if there is association between income level (high/medium/low) and gender.

a)Write the null hypothesis.

b)Use StatCrunch to calculate the test statistic (that is, the x^?2 value) and the p-value for this contingency table, which shows the income level for a random sample of adults cross classified by gender.

3.( YES / NO ) Based on the data in problem #2, there is a significant association between gender and income level (use significance level 0.05).

4.( YES / NO ) Based on the data in problem #2, there is a significant difference between the income levels for the two groups (males, females) (use significance level 0.01).

5.Use StatCrunch to find a 90% confidence interval to estimate the proportion of all females who have a high income level.

1.    One of the most remarkable associations in macroeconomics relates GDP growth to unemployment or the so-called Okun’s Law (see p.293-294 in Burda&Wyplosz textbook). This empirical regularity describes inverse relationship between the change in unemployment and the change in GDP growth. Resulting negative coefficient has been repeatedly confirmed for different countries and different periods. Your task is to:

a)    Propose a modified version about how the GDP is related to the labour market. Specifically, make a formal/theoretical statement (similar to the textbook, so read the corresponding section) on how the employment rate is related to the output growth, write it down and then check the relationship with data (Finland).

b)    Find the employment rate time-series (for people aged 15-74) and the real GDP growth (all for Finland only) and retrieve a set of 40 most recent quarterly observations of both variables. Arrange the data and plot the relationship on a graph. What is the coefficient between the variables, so you need to add the trend-line relationship between the variables?

c)    Make a conclusion about how the model (Okun’s relationship) fits the Finnish data.

A study was conducted to find out the type of relationship between randomly selected15 Masters of Education Degree students scores in Research Methods and Statistics at Mount Kenya University during the 2012/2013 academic year. The results were as displayed in the table below.
Student    Research marks   Statistics marks
1   84   69
2   74   64
3   48   56
4   54   72
5   72   85
6   71   68
7   96   87
8   75   86
9   69   71
10   100   91
11   23   31
12   58   65
13   94   89
14   76   71
15   52   54

i)   State the null and alternative hypotheses.                    (2mks)
ii)   Calculate Pearson correlation coefficient between the two sets of data.         (4mks)
iii)   What is your overall conclusion regarding the nature of relationship between the two variables if r( df = 14) at ∝ =.01 significance level?           (2mks)  
iv)   Fit a line of best fit (linear regression) of Y on X                    (4mks)
v)   Estimate the Y score of a student who obtained 6 in X                 (1mk)  

Forged Signatures

Roy Supply, Inc., and R. M. R. Drywall, Inc., had checking accounts at Wells Fargo Bank. Both accounts required all checks to carry two signatures—that of Edward Roy and that of Twila June Moore, both of whom were executive officers of both companies. Between January 2006 and March 2008, the bank honored hundreds of checks on which Roy’s signature was forged by Moore. On January 31, 2009, Roy and the two corporations notified the bank of the forgeries and then filed a suit in a California state court against the bank, alleging negligence. Who is liable for the amounts of the forged checks? Why? (See The Bank's Duty to Honor Checks.)

Answer this using the IRAC writing Format

I-Describe the issue at hand (the question being asked)

R-Describe the rule that is applicable in this situation

A-Apply the rule to the facts of yor situation

C-Draw a conclusion

Question 1 Describe the impact of the international market place on your business or organization.

Question 2 Discuss how diversity in the workplace has helped or hindered the international relationships between customers and your environment.

Question 3 Describe the elements that you think are cultural and why.

Professor Bert Forman believes the students who complete his examinations in the shortest time receive the highest grades and those who take the longest to complete them receive the lowest grades. To verify his suspicion, he assigns a rank to the order of finish and then grades the examinations. The results are shown below:

Convert the test scores to a rank and find the coefficient of rank correlation between the order of completion and the rank of the test score. At the 0.05 significance level, can Professor Forman conclude there is a positive association between the order of finish and the test scores? (Round your answers to 3 decimal places.)

Professor Bert Forman believes the students who complete his examinations in the shortest time receive the highest grades and those who take the longest to complete them receive the lowest grades. To verify his suspicion, he assigns a rank to the order of finish and then grades the examinations. The results are shown below:

Convert the test scores to a rank and find the coefficient of rank correlation between the order of completion and the rank of the test score. At the 0.05 significance level, can Professor Forman conclude there is a positive association between the order of finish and the test scores? (Round your answers to 3 decimal places.)

A 6 lb weight is placed upon the lower end of a coil spring suspended from a fixed beam. The weight comes to rest in its equilibrium position, thereby stretching the spring 4 inches. Then
beginning at t = 0 an external force given by F (t) = 27 sin(4t) − 3 cos(4t) is applied to the system. The resistance of the medium is three times the velocity (in ft/sec). Find the displacement of the weight as a function of time.

Warisan Jambu Manufacturer Sdn Bhd

Getting an idea to commercialise the iconic local cuisine in Pekan, Pahang – murtabak (beef stuffed pancake), has initiated the owner of Warisan Jambu Manufacturer Sdn Bhd, Mr Shah to venture into this food-making business. Mr Shah has started his food business since 2002 as an eatery that serving his murtabak products for customers who came either for dining in or took away the mouth-watering local cuisine. After 15 years delved into the food industry, he attempted to transform his current business model (runs a restaurant business) into a frozen food-based business. He has invested a substantial amount of capital to meet all the relevant authorities’ requirements that fit to his business model. Among the apparent challenges faced by Mr Shah are the financial constraints and lack of high skill workers in order to meet the increasing demand of customers mainly in the East Coast region. The company targets to increase its revenue by 25% yearly for the next three years ahead to earn a satisfactory amount of profit. Therefore, Mr Shah makes his effort to identify any business support services from government and other related agencies that could facilitate his business in the future.

Required.

(a) In today’s challenging business trends, Mr Shah should develop marketing strategies that allow him to act quickly, take advantage of opportunities before competitors do and respond to business threats before significant damage is done to the business.

Recommend any TWO (2) promotional tools of social media and its advantages in promoting his products to the target marketplace.

Subject: Entrepreneur