Why is cognitive psychology a good career choice?
What training is necessary for it?
What resources or lifestyle changes will be required?
What steps can help reach this career goal?
In: Psychology
Why is health psychology a good career choice?
What training is necessary for it?
What resources or lifestyle changes will be required?
What steps can help reach this career goal?
In: Psychology
In: Finance
Write a program to carry out the stated task: When one of the buttons is pressed, the face changes to a smiling face [emoticon :-) ] or a frowning face [emoticon :-(]. Written in Visual Basic.
In: Computer Science
Explain the cardiac and vascular changes that take place during exercise. Ensure you include a description of stroke volume, heart rate, blood flow to tissues and blood pressure
In: Biology
Suppose you are the CEO of Nike and the world is coping with an economic recession. Would you change the corporate strategy? If so, what changes would you make and why? If not, why not?
In: Operations Management
In: Operations Management
2. Based on the Slutsky Equation and relevant theorems, discuss in your own words about the reactions of quantity demanded to price and income changes (Law of Demand - Theorem 1.13).
In: Economics
The Boys of Summer
Which baseball league has had the best hitters? Many of us have heard of baseball greats like Stan Musial, Hank Aaron, Roberto Clemente, and Pete Rose of the National League and Ty Cobb, Babe Ruth, Ted Williams, Rod Carew, and Wade Boggs of the American League. But have you ever heard of Willie Keeler, who batted .432 for the Baltimore Orioles, or Nap Lajoie, who batted .422 for the Philadelphia A’s? The batting averages for the batting champions of the National and American Leagues are given on the CourseMate Web site.
The batting averages for the National League begin in 1876 with Roscoe Barnes, whose batting average was .403 when he played with the Chicago Cubs. The last entry for the National League is for the year 2010, when Carlos Gonzalez of the Colorado Rockies averaged .336. The American League records begin in 1901 with Nap Lajoie of the Philadelphia A’s, who batted .422, and end in 2010 with Josh Hamilton of the Texas Rangers, who batted .359. How can we summarize the information in this data set?
Questions to be answered in your report –
1. Use MS Excel, MINITAB, or another statistical software
package to describe the bat- ting averages for the American and
National League batting champions. Generate any graphics that may
help you in interpreting these data sets.
2. Does one league appear to have a higher percentage of hits than
the other? Do the batting averages of one league appear to be more
variable than the other?
3. Are there any outliers in either league?
4. Summarize your comparison of the two baseball leagues.
| LEAGUE | YEAR | AVERAGE |
| 0 | 1876 | 0.403 |
| 0 | 1877 | 0.385 |
| 0 | 1878 | 0.356 |
| 0 | 1879 | 0.407 |
| 0 | 1880 | 0.365 |
| 0 | 1881 | 0.399 |
| 0 | 1882 | 0.367 |
| 0 | 1883 | 0.371 |
| 0 | 1884 | 0.35 |
| 0 | 1885 | 0.371 |
| 0 | 1886 | 0.388 |
| 0 | 1887 | 0.421 |
| 0 | 1888 | 0.343 |
| 0 | 1889 | 0.373 |
| 0 | 1890 | 0.336 |
| 0 | 1891 | 0.338 |
| 0 | 1892 | 0.335 |
| 0 | 1893 | 0.378 |
| 0 | 1894 | 0.438 |
| 0 | 1895 | 0.423 |
| 0 | 1896 | 0.41 |
| 0 | 1897 | 0.432 |
| 0 | 1898 | 0.379 |
| 0 | 1899 | 0.408 |
| 0 | 1900 | 0.38 |
| 0 | 1901 | 0.382 |
| 0 | 1902 | 0.357 |
| 0 | 1903 | 0.355 |
| 0 | 1904 | 0.349 |
| 0 | 1905 | 0.377 |
| 0 | 1906 | 0.339 |
| 0 | 1907 | 0.35 |
| 0 | 1908 | 0.354 |
| 0 | 1909 | 0.339 |
| 0 | 1910 | 0.331 |
| 0 | 1911 | 0.334 |
| 0 | 1912 | 0.372 |
| 0 | 1913 | 0.35 |
| 0 | 1914 | 0.329 |
| 0 | 1915 | 0.32 |
| 0 | 1916 | 0.339 |
| 0 | 1917 | 0.341 |
| 0 | 1918 | 0.335 |
| 0 | 1919 | 0.321 |
| 0 | 1920 | 0.37 |
| 0 | 1921 | 0.397 |
| 0 | 1922 | 0.401 |
| 0 | 1923 | 0.384 |
| 0 | 1924 | 0.424 |
| 0 | 1925 | 0.403 |
| 0 | 1926 | 0.353 |
| 0 | 1927 | 0.38 |
| 0 | 1928 | 0.387 |
| 0 | 1929 | 0.398 |
| 0 | 1930 | 0.401 |
| 0 | 1931 | 0.349 |
| 0 | 1932 | 0.368 |
| 0 | 1933 | 0.368 |
| 0 | 1934 | 0.362 |
| 0 | 1935 | 0.385 |
| 0 | 1936 | 0.373 |
| 0 | 1937 | 0.374 |
| 0 | 1938 | 0.342 |
| 0 | 1939 | 0.349 |
| 0 | 1940 | 0.355 |
| 0 | 1941 | 0.343 |
| 0 | 1942 | 0.33 |
| 0 | 1943 | 0.357 |
| 0 | 1944 | 0.357 |
| 0 | 1945 | 0.355 |
| 0 | 1946 | 0.365 |
| 0 | 1947 | 0.363 |
| 0 | 1948 | 0.376 |
| 0 | 1949 | 0.342 |
| 0 | 1950 | 0.346 |
| 0 | 1951 | 0.355 |
| 0 | 1952 | 0.336 |
| 0 | 1953 | 0.344 |
| 0 | 1954 | 0.345 |
| 0 | 1955 | 0.338 |
| 0 | 1956 | 0.328 |
| 0 | 1957 | 0.351 |
| 0 | 1958 | 0.35 |
| 0 | 1959 | 0.355 |
| 0 | 1960 | 0.325 |
| 0 | 1961 | 0.351 |
| 0 | 1962 | 0.346 |
| 0 | 1963 | 0.326 |
| 0 | 1964 | 0.339 |
| 0 | 1965 | 0.329 |
| 0 | 1966 | 0.342 |
| 0 | 1967 | 0.357 |
| 0 | 1968 | 0.335 |
| 0 | 1969 | 0.348 |
| 0 | 1970 | 0.366 |
| 0 | 1971 | 0.363 |
| 0 | 1972 | 0.333 |
| 0 | 1973 | 0.338 |
| 0 | 1974 | 0.353 |
| 0 | 1975 | 0.354 |
| 0 | 1976 | 0.339 |
| 0 | 1977 | 0.338 |
| 0 | 1978 | 0.334 |
| 0 | 1979 | 0.344 |
| 0 | 1980 | 0.324 |
| 0 | 1981 | 0.341 |
| 0 | 1982 | 0.331 |
| 0 | 1983 | 0.323 |
| 0 | 1984 | 0.351 |
| 0 | 1985 | 0.353 |
| 0 | 1986 | 0.334 |
| 0 | 1987 | 0.37 |
| 0 | 1988 | 0.313 |
| 0 | 1989 | 0.336 |
| 0 | 1990 | 0.335 |
| 0 | 1991 | 0.319 |
| 0 | 1992 | 0.33 |
| 0 | 1993 | 0.37 |
| 0 | 1994 | 0.394 |
| 0 | 1995 | 0.368 |
| 0 | 1996 | 0.353 |
| 0 | 1997 | 0.372 |
| 0 | 1998 | 0.363 |
| 0 | 1999 | 0.379 |
| 0 | 2000 | 0.372 |
| 0 | 2001 | 0.35 |
| 0 | 2002 | 0.37 |
| 0 | 2003 | 0.359 |
| 0 | 2004 | 0.362 |
| 0 | 2005 | 0.335 |
| 0 | 2006 | 0.344 |
| 1 | 1901 | 0.422 |
| 1 | 1902 | 0.376 |
| 1 | 1903 | 0.355 |
| 1 | 1904 | 0.381 |
| 1 | 1905 | 0.306 |
| 1 | 1906 | 0.358 |
| 1 | 1907 | 0.35 |
| 1 | 1908 | 0.324 |
| 1 | 1909 | 0.377 |
| 1 | 1910 | 0.385 |
| 1 | 1911 | 0.42 |
| 1 | 1912 | 0.41 |
| 1 | 1913 | 0.39 |
| 1 | 1914 | 0.368 |
| 1 | 1915 | 0.37 |
| 1 | 1916 | 0.386 |
| 1 | 1917 | 0.383 |
| 1 | 1918 | 0.382 |
| 1 | 1919 | 0.407 |
| 1 | 1920 | 0.407 |
| 1 | 1921 | 0.394 |
| 1 | 1922 | 0.42 |
| 1 | 1923 | 0.403 |
| 1 | 1924 | 0.378 |
| 1 | 1925 | 0.393 |
| 1 | 1926 | 0.377 |
| 1 | 1927 | 0.398 |
| 1 | 1928 | 0.379 |
| 1 | 1929 | 0.369 |
| 1 | 1930 | 0.381 |
| 1 | 1931 | 0.39 |
| 1 | 1932 | 0.367 |
| 1 | 1933 | 0.356 |
| 1 | 1934 | 0.363 |
| 1 | 1935 | 0.349 |
| 1 | 1936 | 0.388 |
| 1 | 1937 | 0.371 |
| 1 | 1938 | 0.349 |
| 1 | 1939 | 0.381 |
| 1 | 1940 | 0.352 |
| 1 | 1941 | 0.406 |
| 1 | 1942 | 0.356 |
| 1 | 1943 | 0.328 |
| 1 | 1944 | 0.327 |
| 1 | 1945 | 0.309 |
| 1 | 1946 | 0.352 |
| 1 | 1947 | 0.343 |
| 1 | 1948 | 0.369 |
| 1 | 1949 | 0.343 |
| 1 | 1950 | 0.354 |
| 1 | 1951 | 0.344 |
| 1 | 1952 | 0.327 |
| 1 | 1953 | 0.337 |
| 1 | 1954 | 0.341 |
| 1 | 1955 | 0.34 |
| 1 | 1956 | 0.353 |
| 1 | 1957 | 0.388 |
| 1 | 1958 | 0.328 |
| 1 | 1959 | 0.353 |
| 1 | 1960 | 0.32 |
| 1 | 1961 | 0.361 |
| 1 | 1962 | 0.326 |
| 1 | 1963 | 0.321 |
| 1 | 1964 | 0.323 |
| 1 | 1965 | 0.321 |
| 1 | 1966 | 0.316 |
| 1 | 1967 | 0.326 |
| 1 | 1968 | 0.301 |
| 1 | 1969 | 0.332 |
| 1 | 1970 | 0.329 |
| 1 | 1971 | 0.337 |
| 1 | 1972 | 0.318 |
| 1 | 1973 | 0.35 |
| 1 | 1974 | 0.364 |
| 1 | 1975 | 0.359 |
| 1 | 1976 | 0.333 |
| 1 | 1977 | 0.388 |
| 1 | 1978 | 0.333 |
| 1 | 1979 | 0.333 |
| 1 | 1980 | 0.39 |
| 1 | 1981 | 0.336 |
| 1 | 1982 | 0.332 |
| 1 | 1983 | 0.361 |
| 1 | 1984 | 0.343 |
| 1 | 1985 | 0.368 |
| 1 | 1986 | 0.357 |
| 1 | 1987 | 0.363 |
| 1 | 1988 | 0.366 |
| 1 | 1989 | 0.339 |
| 1 | 1990 | 0.329 |
| 1 | 1991 | 0.341 |
| 1 | 1992 | 0.343 |
| 1 | 1993 | 0.363 |
| 1 | 1994 | 0.359 |
| 1 | 1995 | 0.356 |
| 1 | 1996 | 0.358 |
| 1 | 1997 | 0.347 |
| 1 | 1998 | 0.339 |
| 1 | 1999 | 0.357 |
| 1 | 2000 | 0.372 |
| 1 | 2001 | 0.35 |
| 1 | 2002 | 0.349 |
| 1 | 2003 | 0.326 |
| 1 | 2004 | 0.372 |
| 1 | 2005 | 0.331 |
| 1 | 2006 | 0.347 |
In: Statistics and Probability
Consider the effects of inflation in an economy composed of only two people: Jake, a bean farmer, and Latasha, a rice farmer. Jake and Latasha both always consume equal amounts of rice and beans. In 2016 the price of beans was $1, and the price of rice was $4.
Suppose that in 2017 the price of beans was $2 and the price of rice was $8.
Inflation was ______%
.
Indicate whether Jake and Latasha were better off, worse off, or unaffected by the changes in prices.
|
Better Off |
Worse Off |
Unaffected |
||
|---|---|---|---|---|
| Jake | ||||
| Latasha |
Now suppose that in 2017 the price of beans was $2 and the price of rice was $4.80.
In this case, inflation was ______%
.
Indicate whether Jake and Latasha were better off, worse off, or unaffected by the changes in prices.
|
Better Off |
Worse Off |
Unaffected |
||
|---|---|---|---|---|
| Jake | ||||
| Latasha |
Now suppose that in 2017, the price of beans was $2 and the price of rice was $1.60.
In this case, inflation was _______%
.
Indicate whether Jake and Latasha were better off, worse off, or unaffected by the changes in prices.
|
Better Off |
Worse Off |
Unaffected |
||
|---|---|---|---|---|
| Jake | ||||
| Latasha |
What matters more to Jake and Latasha?
The overall inflation rate or The relative price of rice and beans?
In: Economics