what is meant by the top three in American correction and why is this important?
for criminal justice 113
In: Psychology
write an essay on Riversdale historical site history significance and background on african American history
In: Other
In what ways does happiness appear to be perceived by American culture with suburban and urban areas?
In: Psychology
Please write an executive summary to reflect upon the current status of religion in American governance.
In: Psychology
Identify information a person would need to prepare an effective business proposal for American investors.
In: Operations Management
In: Finance
Bicycling World, a magazine devoted to cycling, reviews hundreds of bicycles throughout the year. Its Road-Race category contains reviews of bicycles used by riders primarily interested in racing. One of the most important factors in selecting a bicycle for racing is its weight. The following data show the weight (pounds) and price ($) for ten racing bicycles reviewed by the magazine:
|
Model |
Weight (lbs) |
Price ($) |
|---|---|---|
|
Fierro 7B |
17.9 |
2200 |
|
HX 5000 |
16.2 |
6350 |
|
Durbin Ultralight |
15.0 |
8470 |
|
Schmidt |
16.0 |
6300 |
|
WSilton Advanced |
17.3 |
4100 |
|
bicyclette vélo |
13.2 |
8700 |
|
Supremo Team |
16.3 |
6100 |
|
XTC Racer |
17.2 |
2680 |
|
D’Onofrio Pro |
17.7 |
3500 |
|
Americana #6 |
14.2 |
8100 |
A. Develop a scatter chart with weight as the independent variable. What does the scatter chart indicate about the relationship between the weight and price of these bicycles?
B. Use the data to develop an estimated regression equation that could be used to estimate the price for a bicycle, given its weight. What is the estimated regression model?
C. Test whether each of the regression parameters and is equal to zero at a 0.05 level of significance. What are the correct interpretations of the estimated regression parameters? Are these interpretations reasonable?
D. How much of the variation in the prices of the bicycles in the sample does the regression model you estimated in part b explain?
E. The manufacturers of the D’Onofrio Pro plan to introduce the 15-pound D’Onofrio Elite bicycle later this year. Use the regression model you estimated in part a to predict the price of the D’Ononfrio Elite.
In: Math
Amanda has a yearly advertising and promotions budget of $50,000. Her goal is to maximize the reach (the number of customers that see her company’s ads or other marketing efforts). She is considering a mix of placing ads on art websites and in printed art magazines, as well as using targeted social media ad placements and appearances at art tradeshows. She wants to make sure that the company has an online presence, so would like to see at least 100 ads placed in any combination of websites and social media per year. However, she has data that suggests that if she advertises on the websites more than 60 times per year she will be wasting money. There are seven art tradeshows that the company could attend, but Amanda feels it is mandatory to attend at least the two most popular tradeshows. There are three major art magazines, each published monthly, that Amanda would like to advertise in. She could advertise in each of these once per month but would be comfortable reducing the frequency to a minimum of once every three months in each magazine and rotating the placements between the magazines. The reach and cost of each type of ad placement or event is shown below: Art Websites Social Media Art Tradeshows Print Magazine Ads Reach (number of people) 20,000 10,000 5,000 15,000 Cost (dollars) 200 250 1,000 400 Recommend the appropriate mix of advertising and promotions for the company. Also comment on what would change if Amanda doubled her advertising and promotions budget. Estimate the increased reach.
In: Operations Management
1. In an imaginary economy, consumers buy only hot dogs and hamburgers. The fixed basket consists of 15 hot dogs and 8 hamburgers. A hot dog cost $2.25 in 2006 and $5.40 in 2007. A hamburger cost $5.75 in 2006 and $7.86 in 2007. Calculate the CPI for both years and then find the inflation rate.
2. In an imaginary economy, consumers buy only sandwiches and magazines. The fixed basket consists of 25 sandwiches and 40 magazines. In 2006, a sandwich cost $4.50 and a magazine cost $3.99. In 2007, a sandwich cost $5.75. If the inflation rate in 2007 was 21 percent, then how much did a magazine cost in 2007?
3. When Anders took out his first two-year membership with Maxima Gym in 2004, the fee was $525.00. He renewed his membership three times; in 2006 for $580.00, in 2008, for $600.00, and again in 2010, for $699.00. What is the OVERALL rate of inflation for Anders' gym membership?
4. In 1949, Sycamore, Illinois built a hospital for about $500,000. In 1987, the county restored the courthouse for about $2.4 million. A price index for nonresidential construction was 12 in 1949, 96 in 1987, and 117.5 in 2000. Calculate the value of the courthouse in 2000 dollars and the value of the hospital in 2000 dollars and compare your answers. Which one cost more?
5. Ruben earned a salary of $60,000 in 2001 and $80,000 in 2006. The consumer price index was 156 in 2001 and 227.25 in 2006. What is Ruben's 2006 salary in 2001 dollars? What does this mean about how his purchasing power increased or decreased?
In: Economics
22. Which of the following statements is the best example of
complete induction?
(A) “Out of the frying pot, and into the fire.”
(B) “You should consider a career in law. I’ve made millions as a
partner.”
(C) “I talked with some of the families who survived the Armenian
genocide, in order
to write my book on the event.”
(D) “I planned a party for all of my friends, and so asked them
what the theme should
be.”
23. Which of the following statements is the best example of
Berkson’s Paradox?
(A) “People with COVID-19 who take Hydroxychloroquine tend to die
more often than
those diagnosed with COVID-19 who do not take
Hydroxychloroquine.”
(B) “Every person who eats a magazine ends up throwing up. I ended
up eating a
magazine, and so I threw up.”
(C) “I talked with some of the families who survived the Armenian
genocide, in order
to write my book on the event.”
(D) “Jonathan Charles is whack. He can’t even hold a finger to
Peter Mansbridge yo!”
24. Which of the following statements about Adam Smith is
true?
(A) Smith’s ‘Invisible Hand’ metaphor hinted that greed is
good.
(B) Enlightened self-interest means buying and selling whatever you
want.
(C) Smith hated studying at Oxford.
(D) Smith’s ideas influenced the Islamic philosopher Ibn
Khaldun.
25. Which of the following figures is associated with the
Scientific Revolution?
(A) John Nash.
(B) Martin Luther.
(C) Voltaire.
(D) Descartes.
In: Economics