Starting on September 1, 2000 - the day he starts college - and
ending on September 1, 2004, Craig borrowed $4000 a year to pay for
college expenses (i.e. that's 5 withdrawals total).
After graduation, he decided to go to graduate school in
mathematics, and his loans were deferred (i.e. they accrued
interest, but no payments were due). After finishing graduate
school, he began repaying his loans. Beginning on July 1, 2007, he
made monthly payments for 11 years. Each payment increased by 1.5%
over the previous payment. If his loans had a fixed nominal rate of
6.6% convertible monthly for the entire life of the loans, what was
the size of his first payment?
In: Finance
. Even the most stubborn libertarian might admit that there is a case for government provision or subsidization of a service if that service is a public good or if there are positive externalities associated with its consumption. A. Do primary and secondary education meet the conditions for being public goods? Explain why or why not. B. Are there externalities associated with primary and secondary school attendance? That is, do you benefit from the fact that other people in your community attended school? Tell me what some of these positive externalities are. C. It is rare in economics that one policy approach enhances both efficiency and equity. Explain how free public education might do this. If you like, you might also discuss the limitations on the equity part, because I think that these are pretty important, too.
In: Economics
It is believed that the mean height of high school students who play basketball on the school team is 73 inches with a standard deviation of 1.8 inches. A random sample of 40 players is chosen. The sample mean was 71 inches, and the sample standard deviation was 1.5 years. Do the data support the claim that the mean height is less than 73 inches? The p-value is almost zero. State the null and alternative hypotheses and interpret the p-value. State the true st deviation(sigma) Sample size=? Sample mean=? Type of test=(z-test, t-test or 1-prop-z-test) P- value=? Reject H0 or do not Reject H0 Conclusion of what the sample data supports?
Please help with this question!
In: Statistics and Probability
Moral Development in School-Age Children
Develop a situation that would include a moral dilemma that is likely to be faced by an individual in early school age or middle childhood with whom you might be working in a counseling setting. The moral dilemma can be fictional or nonfictional.
1) In your post, describe how Kohlberg would describe the stage of moral development in the situation you have created.
2) Discuss one other theorist or theory (learning theory, cognitive developmental theory, psychoanalytic theory, or object relations theory) and how the theorist or theory explains the stage of moral development in your situation.
3) According to these theorists, is the child at an age-appropriate stage? What factors would each theorist use to assess moral development in this situation?
In: Psychology
B. Summarize the main arguments in O’Brian (1982) and Acemoglu (2006) papers by focusing on the following points:
C. What do the “dependency school” scholars claim about the development of the North and South as to the sources of industrialization and capital accumulation?
D. How does O’ Brian (1982) try to refute the arguments of the dependency school? What is the main source of economic growth in Western Europe according to him? Is Atlantic trade important for economic growth in Western Europe for him? Why or why not?
E. Do you think that the econometric findings of Acemoglu et al (2006) support O’Brian’s conclusions? How do Acemoglu et al (2006) view the importance of Atlantic Trade as far as economic growth in Western Europe is concerned? Discuss.
In: Economics
Is college worth it? Among a simple random sample of 324 American adults who do not have a four-year college degree and are not currently enrolled in school, 143 said they decided not to go to college because they could not afford school.
1. Calculate a 90% confidence interval for the proportion of Americans who decide to not go to college because they cannot afford it, and interpret the interval in context. Round to 4 decimal places.
( , )
2. Suppose we wanted the margin of error for the 90% confidence level to be about 3.25%. What is the smallest sample size we could take to achieve this? Note: For consistency's sake, round your z* value to 3 decimal places before calculating the necessary sample size.
Choose n =
In: Statistics and Probability
Describe the differences in cash flow statements required by GASB standards when compared with cash flow statements required by FASB standards.
The Village of Watkins Glenn operated an educational program for at-risk middle school children. Businesses and nonprofit organizations sponsor the children and pay the registration fee.The following cash receipts were collected:
Registration 310,000
Cash loan from bank 65,000
The following cash disbursements were made:
Payroll taxes 30,600
Labor 102,800
Insurance 12,400
Interest 3.050
Purchase school bus 62,000.
Prepare the journal entries to record revenues and disbursements if the city treats the program as an enterprise fund
Prepare the journal entries to record revenues and disbursements if the city treats the program as a special revenue fund.
In: Accounting
Determine the decision criterion for rejecting the null hypothesis in the given hypothesis test; i.e., describe the values of the test statistic that would result in rejection of the null hypothesis.
The principal of a middle school claims that the mean test score of the seventh-graders at his school is higher than 72.1. You wish to test this claim at the 0.05 level of significance. The mean score for a random sample of 101 seventh-graders is 75.7 with a standard deviation of s = 15.2. What criterion would be used for rejecting the null hypothesis, that µ ≤ 72.1?
Group of answer choices
Reject H0 if test statistic > 1.660.
Reject H0 if test statistic > 1.96.
Reject H0 if test statistic > 1.645 or < -1.645.
Reject H0 if test statistic > 1.645.
In: Statistics and Probability
Bluebird is a school bus company with no seat belts on buses in Fort Valley, Georgia. A previous study showed that 60% of parents favored seat belts on all buses. The company would like to decide whether seat belts on all buses must be installed or not. To investigate that, a random sample of 100 parents in certain school districts will be obtained and the responses will be used to make such a decision. Seat belts on all buses will be installed if more than 62% of parents favor this change in this survey. a) Set up ?0 and ?1. b) Calculate the probability of a Type I error. c) Calculate the probability of a Type II error when the proportion of parents who favor seat belts on all buses is ? = 0.65. d) Calculate the power of the test.
In: Statistics and Probability
Is college worth it? Among a simple random sample of 348 American adults who do not have a four-year college degree and are not currently enrolled in school, 157 said they decided not to go to college because they could not afford school.
1. Calculate a 90% confidence interval for the proportion of Americans who decide to not go to college because they cannot afford it, and interpret the interval in context. Round to 4 decimal places.
( , )
2. Suppose we wanted the margin of error for the 90% confidence level to be about 2.25%. What is the smallest sample size we could take to achieve this? Note: For consistency's sake, round your z* value to 3 decimal places before calculating the necessary sample size.
Choose n =
In: Statistics and Probability