1) Assume that for a recent 41-year period there were 5469 earthquakes which were considered as “strong” earthquakes. Using a Poisson distribution, find the probability that in a given year, there are exactly 150 earthquakes that are considered “strong”.
2) Assume that the mean number of aircraft accidents in the United States is 8.5 per month and that a Poisson distribution applies. Find P(5), the probability of having 5 accidents in a month. Is it unlikely to have a month with 5 accidents?
In: Math
2. Zulkifli, computer centre manager, reports that this computer system experienced three-component failure during the past 100 days. What is the probability of no failure?
Select one:
a. 0.004
b. 0.97
c. 0.996
d. 0.03
4. Suppose that women obtain 54% of all bachelor’s degrees in a particular country and that 20% of all bachelor’s degrees in business. Also, 8% of all bachelor’s degrees go to women majoring in business. The events “the bachelor’s degree holder is a woman” and the bachelor’s degree is in business” are _____________.
Select one:
A. statistically correlated
B. statistically independent
C. statistically not independent
D. statistically dependent
5. The variance for the data values “ 87, 85, 80, 78, 86, 90” is :
Select one:
A. 12
B. 4.1
C. 85
D. 17.1
6.
A company is hiring candidates for 4 key positions in the management of its new office. 5 candidates are from Malaysia and 3 are from United States. Assuming that every combination of Malaysian and American is equally likely to be selected, what is the probability that at least 1 American will be selected?
Select one:
A. 5/14
B. 1/14
C. 4/14
D. 13/14
7.
A researcher wants to investigate if there is a difference in the rates of hotel room in two cities. A sample of 50 were selected from each city, the average hotel room in the first city is RM88.42 and in the second city is RM80.61 and the standard deviation are RM5.62 and RM4. The null hypothesis for the difference between the means is
Select one:
A. µ1 - µ2 ≤ 0
B. µ1 - µ2 ≥ 0
C. µ1 - µ2 ≠ 0
D. µ1 - µ2 = 0
8.
The intercept of the regression equation for the following data:
| X | 43 | 48 | 56 | 61 | 67 | 55 |
|---|---|---|---|---|---|---|
| Y | 128 | 120 | 135 | 143 | 141 | 130 |
Select one:
A. 87.3922
B. 85.3421
C. 89.3421
D. 83.3421
9.
The number of credits in business courses ten job applicants had is shown here. “ 2, 3, 5, 6, 8, 10, 12, 15, 18, 20”
What value corresponds to the 60th percentile?
Select one:
A. 12
B. 8
C. 11
D. 10
10.
Zulkifli, computer centre manager, reports that this computer system experienced three-component failure during the past 100 days. What is the probability of at least two failures in a 3-day period?
Select one:
A. 0.004
B. 0.91
C. 0.03
D. 0.08
In: Statistics and Probability
3. The Ricardian Model vs. the Heckscher-Ohlin Trade Model. Discuss the difference between both models, including the PPC (you should be able to draw out the difference for the exam), the income distribution effects of trade.
4. According to the following table, which country is relatively more labor-abundant? Explain your answer. Which is relatively more capital-abundant?
United States Canada
Capital 40 machines 10machines
Labor 200 workers 60 workers
5. Suppose that the United States and Canada have the factor
endowments given in the table in
Question 4. Suppose further that the production requirements for a
unit of steel is 2 machines
and 8 workers, and the requirement for a unit of bread is 1 machine
and 8 workers.
a) Which good, bread or steel, is relatively capital-intensive? Labor-intensive? Explain your answer.
b) Which country would export bread? Why?
Chapter 5
1. Name some of the gains from intra industry trade.
2. What are the three drivers of external economies of scale?
3. Comparing U.S. trade with Germany and Brazil, is trade with Germany more likely to be based on comparative advantage or economies of scale? Why?
In: Economics
During the 1800s, and well into the 1900s, families took care of their own members whenever possible. Several generations lived together, with the younger generation taking care of the older and vice versa. Post 1900s, the joint family system started disintegrating.
What factors led to disintegration of the joint family system?
What has been the impact of this disintegration on aging people and long-term care?
Did disintegration have any benefits for health service organizations? Why or why not?
At the same time this shift occurred in the family structure, health care organizations were experiencing continuous changes in their operating styles. The long-term care system took some time to catch up with the changing nature of businesses. In the 1990s and early 2000s, long-term care was seen to experience several turbulent changes, particularly related to its operations, management, and structure. Research the South University Online Library and the Internet to find information on the changes in the long-term care system in the United States and respond to the following questions:
How have the operations, management, and structural changes of the 1990s and early 2000s impacted the long-term care system today?
What are the strengths and weaknesses of the present long-term care system in the United States?
In: Nursing
The U.S government wants to determine whether immigrants should be tested for a contagious disease, and it is planning to base this decision on financial considerations. Assume that each immigrants who is allowed to enter the United States and has the disease costs the country $100,000. Also, assume that each immigrants who is allowed to enter the United States and does not have the disease will contribute $10,000 to the national economy. Finally, assume that x percent of all potential immigrants have the disease. The U.S government can choose to admit all immigrants, or test immigrants have the disease before determining whether they should be admitted. It costs T dollars to test a person for the disease, and the test result is either positive or negative. A person who does not have the always tests negative. However, 10% of all people who do have the disease test negative. The government’s goal is to maximize the expected net financial benefits per potential immigrant.
a. If x=5, what is the largest value of T at which the U.S government will choose to test potential immigrants for the disease?
b. How does your answer to the question in part a if x increases to 10?
c. If x=5 and T=$500, what is the government’s optimal strategy?
In: Statistics and Probability
E&L Consulting, Ltd., is a U.S. corporation that sells lumber products in New Jersey, New York, and Pennsylvania. Doman Industries, Ltd., is a Canadian corporation that also sells lumber products, including green hem-fir, a durable product used for home building. Doman supplies more than 95 percent of the green hem-fir for sale in the northeastern United States. In 1990, Doman contracted to sell green hem-fir through E&L, which received monthly payments plus commissions. In 1998, Sherwood Lumber Corp., a New York firm and an E&L competitor, approached E&L about a merger. The negotiations were unsuccessful. According to E&L, Sherwood and Doman then conspired to monopolize the green hem-fir market in the United States. When Doman terminated its contract with E&L, the latter filed a suit in a federal district court against Doman, alleging violations of U.S. antitrust law. Doman filed for bankruptcy in a Canadian court and asked the U.S. court to dismiss E&L’s suit, in part, under the principle of comity. What is the “principle of comity”? On what basis would it apply in this case? What would be the likely result? Discuss.
In: Other
write a summary in your own words.
The Origins of Judicial Review in the United States
The power of judicial review is not mentioned in the U.S. Constitution (although many constitutional scholars believe that the founders intended the judiciary to have this power). The United States Supreme Court explicitly established this power in 1803 in the case Marbury v. Madison. In that decision, the Court stated, “It is emphatically the province [authority] and duty of the Judicial Department to say what the law is…. If two laws conflict with each other, the courts must decide on the operation of each…. [I]f both [a] law and the Constitution apply to a particular case, … the Court must determine which of these conflicting rules governs the case. This is of the very essence of judicial duty.” Since the Marbury v. Madison decision, the power of judicial review has remained unchallenged. Today, this power is exercised by both federal and state courts.
Judicial Review
As the branch of government entrusted with interpreting the laws, the judiciary can decide, among other things, whether the laws or actions of the other two branches are constitutional. The process for making such a determination is known as judicial review. The power of judicial review enables the judicial branch to act as a check on the other two branches of government, in line with the system of checks and balances established by the U.S. Constitution.
In: Accounting
Trends are heavily informed by local, state, and federal health care legislation. Write a 750-1,000 word paper that evaluates the effect of local, state, and federal health care legislation within organizations by identifying trends. Be sure to address the following: 1.Describe general trends in health care legislation over the past 5 years. 2.Describe a specific piece of legislation occurring within this timeframe across the United States. Discuss how it governs a long trending health care concern. What have been the motivating factors that have influenced this particular legislation? 3.Discuss the effects of the trending legislation on health care overall in the United States. 4.Describe how the selected legislation effects one type of health care setting (transitional care, hospital, primary care, home care, primary care). 5.Identify changes in your selected health care setting that have occurred during this time in order to meet the requirements or needs of this legislative trend. 6.Discuss how stakeholders (patients, underserved populations, health care providers, staff, etc.) have been affected by the trending legislation. Please include 5 sourses to your answers.
In: Nursing
EXERCISE 2
The following table contains information about top 5 causes of death in the United States in 2014, both overall (all age categories) and 15-24 years old group. Based on information in Table 1., construct two pie graphs (one for overall, one for 15-24 age group), showing percentages for each cause of death. Given current technology, pie charts are almost always generated by computer rather than drawn by hand. For the purpose of this assignment you can use either computer program (i.e. Excel, SPSS) or draw pie charts by hand (each pie chart is worth 15 points).
Table 1. Five leading causes of Death in the United States in 2014, all age groups and 15-24 years old.
|
Overall (all age groups) |
15-24 years old |
||
|
Cause of Death |
Total # of Death (N) |
Cause of Death |
Total # of Death (N) |
|
Heart Disease |
614,348 |
Unintentional injury |
11,836 |
|
Cancer |
591,699 |
Suicide |
5,079 |
|
Chronic pulmonary disease |
147,101 |
Homicide |
4,144 |
|
Unintentional injury |
136,053 |
Cancer |
1,569 |
|
Cerebrovascular |
133,103 |
Heart Disease |
953 |
In: Statistics and Probability
Q1;Consider the following markets in the United States: Alarm Clocks, Art Gallery Visits, LED Lights, Inflatable Pools. Which order is most likely ranked from the biggest percentage increase in sales to the biggest percentage decrease in sales due to COVID-19?
|
Alarm Clocks, Art Gallery Visits, LED Lights, Inflatable Pools. |
||
|
Inflatable Pools, LED Lights, Alarm Clocks, Art Gallery Visits. |
||
|
Inflatable Pools, Alarm Clocks, LED Lights, Art Gallery Visits. |
||
|
LED Lights, Inflatable Pools, Alarm Clocks, Art Gallery Visits. |
Q30:
Consider the following markets in the United States: Cigarette Deliveries, Audiobooks, Pet Sitters, Eyeliner. Which order is most likely ranked from the biggest percentage increase in sales to the biggest percentage decrease in sales due to COVID-19?
|
Cigarette Deliveries, Audiobooks, Pet Sitters, Eyeliner. |
||
|
Audiobooks, Cigarette Deliveries, Pet Sitters, Eyeliner. |
||
|
Cigarette Deliveries, Audiobooks, Eyeliner, Pet Sitters. |
||
|
Audiobooks, Cigarette Deliveries, Eyeliner, Pet Sitters. |
Q31:
A price floor set above the equilibrium price will NOT result in a/an
|
surplus due to excess quantity supplied. |
||
|
deadweight loss. |
||
|
efficient outcome. |
||
|
decrease in consumer surplus. |
In: Economics