In this discussion, you are the IT manager for a four-year university in New Orleans, Louisiana. The IT department supports the computer network requirements for over 6,000 students, 300 faculty members, and 200 staff members – plus a conference network for distinguished guests. See Exploration 2 for tips on how to complete this discussion.
Instructions
Exploration 2:
The first task in risk management is to identify the possible risks based on location, use of Internet services, the sensitivity of the data, and the other business factors that affect the network.
Once you have a list of possible and probable emergencies, did you include a few that rarely happen, but are catastrophic to the business when they occur? These include hurricanes, tornadoes, floods due to plumbing failures or natural disasters, fire, ransomware, rootkit attacks, and more. Why do we care about location? We rarely experience hurricanes in Denver, Colorado, but we need to plan for them if our network is in Florida.
The relationship between the likelihood that a threat will occur and the impact is called Risk Exposure (RE). How often will these problems occur? When they occur, how much will it cost to address them? Our goal is to list the risks and classify them so we can prioritize them by their impact. If it is hard to assess them using specific numbers, use a scale from low, moderate, or high for probability and for impact.
The most likely candidates and the most costly problems feature prominently in our additional Emergency Action Plan sections. The plan may use brief scenarios to describe the situation, followed by what to do, who to contact, and how to evaluate the next steps to get the network back online. For example, one solution might address several risks and support a variety of use case scenarios. Cloud storage backups help to ensure data integrity in the event of equipment failure, accidental misuse, intentional internal misuse, cybersecurity threats, and to avoid a loss of data during a mass disaster.
The process of documenting a risk management and IT Disaster Recovery Plan includes listing all of the existing equipment and where the resources are located. If we cannot find it, we will struggle to fix it. Next, do we have a data backup plan (DHS, n.d.)? How do we backup the data servers and where do we store the backups? How do we handle duplicate backups and where is our off-site storage? For data backup recovery strategies, how do we access the off-site storage and cloud resources?
In the event that the IT team is no longer able to respond, we need documentation that describes the equipment, the resources, their locations, and how to bring them back online.
A common problem that IT faced in the past was the inability to restore data from backups. It is wise to test the ability to restore data from backups and to periodically assess the quality of the backups. A periodic simulation of the possible problems, as well as an audit of the Emergency Action Plan, the actions, and the countermeasures recommended in it increases the likelihood of recovering quickly from problems and restoring the network.
Identifying who to contact helps us satisfy company and federal requirements for the protection and use of data. The EAP also supports later efforts to define the budget needed to prevent risks. Lastly, it is not feasible to prevent every risk, so the EAP also helps us to document how we plan to address risks when they occur.
Common questions that we ask involve use cases based on realistic scenarios. How do we shut down network services in the event of a fire or a flood without endangering our IT team? How do we safely restore communications and network services after a power outage? Who do we contact during a disaster?
A failure to plan for emergencies may lead to a costly disruption in business services and could put the organization out of business
THAT IS EXPLORATION 2 ^ THERE IS NO NEED FOR MORE INFORMATION. YOU DON'T EVEN NEED EXPLORATION TO TO BREAK DOWN THE ACTION PLAN. THIS IS ALL THE POSSIBLE INFORMATION GIVIN ON THIS ASSIGNMENT, THERE IS NOT A NEED FOR MORE.
In: Operations Management
In: Mechanical Engineering
The data below is the mileage (thousands of miles) and age of your cars .
Year Miles Age
2017 8.5 1
2009 100.3 9
2014 32.7 4
2004 125.0 14
2003 115.0 15
2011 85.5 7
2012 23.1 6
2012 45.0 6
2004 123.0 14
2013 51.2 5
2013 116.0 5
2009 110.0 9
2003 143.0 15
2017 12.0 1
2005 180.0 13
2008 270.0 10
Please include appropriate Minitab Results when important
a. Identify terms in the simple linear regression population model in this context.
b. Obtain a scatter diagram for the sample data. Interpret the scatter diagram.
c. Obtain a scatter diagram with the least squares regression line included. Interpret the intercept and slope in the context of this problem.
d. In theory what ought to be the value of the population model intercept? Explain.
e. What is the informal prediction for what the mileage should be on your car? What is the error in the prediction of the mileage for your car?
f .Use some statistical reasoning to assess whether or not the prediction for the mileage on your car was “accurate”?
g. How would you respond if someone asks “about” how many miles do students drive per year?
In: Statistics and Probability
Refer to the data in the Excel (College) File.
a)
Construct a crosstabulation with Year Founded as the row variable and
%Graduate as the column variable. Use classes starting with 1600 and
ending with 2000 in increments of 50 for Year Founded. For %
Graduate, use classes starting with 35% and ending with 100% in
increments of 5%.
b)
Compute the row percentages for your crosstabulation in part (a).
c)
Construct a scatter diagram to show the relationship between
Tuition&Fees and %Graduate. Comment on any relationship between
the variables
| Bethune-Cookman University | 1904 | $13,572 | 37.00 |
| Charleston Southern University. | 1964 | $19,814 | 39.00 |
| Jacksonville University | 1934 | $26,600 | 41.00 |
| Houston Baptist University | 1960 | $23,180 | 45.00 |
| Saint Peter's College | 1872 | $28,332 | 46.00 |
| Gardner-Webb University | 1905 | $22,410 | 48.00 |
| Campbell University | 1887 | $22,520 | 51.70 |
| Mt. St. Mary's University | 1960 | $24,410 | 53.00 |
| Oral Roberts University | 1963 | $20,044 | 53.00 |
| Liberty University | 1971 | $19,154 | 54.00 |
| St. Francis University (NY) | 1884 | $17,280 | 54.00 |
| Lipscomb University | 1891 | $23,494 | 56.00 |
| University of Hartford | 1877 | $30,754 | 58.00 |
| St. John's University (NY) | 1870 | $31,980 | 58.00 |
| Fairleigh Dickinson University | 1942 | $33,410 | 59.00 |
| Monmouth College | 1853 | $28,650 | 59.00 |
| Hofstra University | 1935 | $31,800 | 60.00 |
| Mercer University | 1833 | $30,560 | 61.00 |
| Robert Morris University | 1921 | $21,550 | 61.00 |
| Stetson University | 1883 | $35,081 | 61.00 |
| Iona College | 1940 | $30,192 | 63.00 |
| Seton Hall University | 1856 | $31,890 | 63.00 |
| Rider University | 1865 | $30,470 | 64.00 |
| Howard University | 1867 | $17,905 | 65.00 |
| Pacific University | 1849 | $33,612 | 65.00 |
| University of Tulsa | 1894 | $28,310 | 65.00 |
| University of Evansville | 1854 | $28,076 | 66.00 |
| Wagner College | 1883 | $35,820 | 66.00 |
| Drexel University | 1891 | $33,005 | 67.00 |
| Sacred Heart University | 1963 | $31,440 | 67.00 |
| Belmont University | 1951 | $23,680 | 68.00 |
| DePaul University | 1898 | $28,858 | 68.00 |
| Loyola University Chicago | 1870 | $33,294 | 68.00 |
| Niagara University | 1856 | $25,650 | 68.00 |
| Saint Francis University (PA) | 1847 | $26,534 | 68.00 |
| St. Bonaventure University | 1858 | $26,895 | 68.00 |
| La Salle University | 1863 | $35,140 | 69.00 |
| University of San Francisco | 1855 | $37,424 | 69.00 |
| Baylor University | 1845 | $29,754 | 70.00 |
| Canisius College | 1870 | $30,077 | 70.00 |
| Tulane University | 1834 | $41,884 | 70.00 |
| Valparaiso University | 1859 | $31,040 | 70.00 |
| Saint Louis University | 1818 | $32,656 | 72.00 |
| Butler University | 1855 | $30,558 | 73.00 |
| Manhattan College | 1853 | $29,800 | 73.00 |
| Samford University | 1841 | $23,932 | 73.00 |
| University of San Diego | 1949 | $38,578 | 73.00 |
| Siena College | 1937 | $28,985 | 73.00 |
| Southern Methodist University | 1911 | $39,430 | 74.00 |
| Texas Christian University | 1873 | $32,490 | 74.00 |
| Drake university | 1881 | $28,382 | 75.00 |
| Duquesne University | 1878 | $27,502 | 75.00 |
| Quinnipiac University | 1929 | $36,130 | 75.00 |
| University of Denver | 1864 | $37,833 | 76.00 |
| Creighton University | 1878 | $30,578 | 77.00 |
| Northeastern University | 1898 | $36,792 | 77.00 |
| University of Portland | 1901 | $33,538 | 77.00 |
| Bradley University | 1897 | $25,424 | 78.00 |
| Brigham Young University | 1875 | $4,560 | 78.00 |
| University of Dayton | 1850 | $29,930 | 78.00 |
| American University | 1893 | $36,697 | 79.00 |
| Fordham University | 1841 | $38,277 | 79.00 |
| Xavier University (Ohio) | 1831 | $29,970 | 79.00 |
| Marist College | 1929 | $27,650 | 80.00 |
| University of Miami (FL) | 1925 | $37,836 | 80.00 |
| Pepperdine University | 1937 | $39,080 | 80.00 |
| Elon University | 1889 | $27,881 | 81.00 |
| George Washington University | 1821 | $42,905 | 81.00 |
| Marquette University | 1881 | $31,822 | 81.00 |
| Gonzaga University | 1887 | $30,925 | 82.00 |
| Loyola University Maryland | 1852 | $39,350 | 82.00 |
| Wofford College | 1854 | $31,710 | 82.00 |
| Syracuse University | 1870 | $36,302 | 83.00 |
| Boston University. | 1839 | $39,864 | 84.00 |
| Fairfield University | 1942 | $39,040 | 84.00 |
| Furman University | 1826 | $38,088 | 84.00 |
| University of Richmond | 1830 | $43,170 | 87.00 |
| Santa Clara University | 1851 | $37,368 | 87.00 |
| Colgate University | 1819 | $41,870 | 88.00 |
| Lehigh University | 1865 | $39,780 | 88.00 |
| Providence College | 1917 | $39,435 | 88.00 |
| Lafayette College | 1826 | $39,115 | 89.00 |
| University of Southern California | 1880 | $41,022 | 89.00 |
| Wake Forest University | 1834 | $41,576 | 89.00 |
| Villanova University | 1842 | $39,665 | 90.00 |
| Boston College | 1863 | $40,542 | 91.00 |
| Bucknell University | 1846 | $43,866 | 91.00 |
| Davidson College | 1837 | $38,866 | 91.00 |
| Vanderbilt University | 1873 | $39,930 | 91.00 |
| Cornell University | 1865 | $39,666 | 93.00 |
| Georgetown University | 1789 | $40,203 | 93.00 |
| Northwestern University | 1851 | $40,224 | 93.00 |
| Rice University | 1912 | $35,551 | 93.00 |
| Brown University | 1764 | $42,230 | 95.00 |
| Dartmouth College | 1769 | $40,437 | 95.00 |
| Duke University | 1838 | $40,243 | 95.00 |
| Stanford University | 1891 | $41,006 | 95.00 |
| Columbia University | 1754 | $41,160 | 96.00 |
| University of Notre Dame | 1842 | $41,417 | 96.00 |
| University of Pennsylvania | 1740 | $42,098 | 96.00 |
| Princeton University | 1746 | $37,000 | 96.10 |
| Harvard University | 1636 | $38,415 | 97.00 |
| Yale University | 1701 | $38,300 | 98.00 |
In: Statistics and Probability
Assume that in a given year the mean mathematics SAT score was 499, and the standard deviation was 112. A sample of 63 scores is chosen.
a) What is the probability that the sample mean score is less than 481? Round the answer to at least four decimal places.
b) What is the probability that the sample mean score is between 462 and 504? Round the answer to at least four decimal places.
c) Find the 55th percentile of the sample mean. Round the answer to at least two decimal places.
d) Would it be unusual if the sample mean were greater than 524? Round answer to at least four decimal places. It would/would not be unusual if the sample mean were greater than 524 since the probability is...?
e) Do you think it would be unusual for an individual to get a score greater than 524? Explain. Assume the variable is normally distributed. Round the answer to at least four decimal places. Yes/No, because the probability that an individual gets a score greater than 524 is...
In: Statistics and Probability
In: Finance
The following information for Arman Corporation is given at the beginning of the year. All figures are in million dollars
Sales = 250, Total capital = 200 million
Long-term Debt = 80 Cost of debt = 12 percent
Capital expenditures = 50 Assets = 200
Change in working capital = 19.25 Beta =1.5
Cost of goods sold = 100 Depreciation = 25
ROE = 15 % Tax rate = 35%
Risk-free rate = 5%
Administrative expenses = 10 Market risk premium = 8 %
Growth rate of the free cash flow = 50 % first year, 30 percent the following year, and then constant at 5% thereafter
Using the information, calculate the free cash flow and weighted average cost of capital (WACC) to find the value of this corporation at the beginning of the year
FCFF = EBIT (1-t) + Depreciation – Capital expenditures – Increase in NWC
FCFF0 = (250-100-25-10)*0.65 +25-50-19.25 = 30.5
FCFF1 = 30.5*(1.5) =45.75
FCFF2 =45.75*(1.3) =59.475
WACC = (0.6)(5+1.5*8) +(0.4)*12*(1-0.35) = 13.32%
V1 = 59.475/(0.1332-0.05) =714.84375
Value today: V0 = (714.84375+45.75)/1.1332 = 671.191
In: Finance
a condensed balance sheet for Bradford Corporation prepared at the end of the year appears as follows. During the year the company earned a gross profit of 1116000 on sales of 2950000.
In: Accounting
| A. |
Either (geometric) or ( Arithmetic ) |
|
| B. |
a geometric gradient |
|
| C. |
Neither ( geometric ) nor ( Arithmetic ) |
|
| D. |
Arithmetic Gradients |
In: Economics
Following is a list of information for Michael and Diana Lapin for the tax year 2019. Michael and Diana are married. Michael is a lawyer working for a Native American law firm, Native American Justice, Inc. Diana works part-time for Creation, a genetic research lab. They have a son Edward, he is 25 years old and disabled. Assume that all other requirements are met by Lorraine. Can the Lapin claim him as a dependent for tax purpose?
In: Accounting