NAMIBIA, AFRICA COMPANY LAW QUESTION
Read the following scenario then draft the contract of employment.
Rita Dominic is a 27 year old Namibian Female who studied medicine at the University of Namibia, School of Medicine, Hage Geingob Campus from 2015 to 2019 respectively of which she graduated with flying colours. Rita was retained by Rhino Park Private Hospital to do her practical attachment there. Rita’s immediate supervisor was very impressed with how quick Rita excelled at her practical training and has recommended Rita for employment on permanent basis. The position which Rita is to fill is of head nurse and she will be granted ‘’benefits’’ afforded to any employee as stipulated in the Namibian Labour Act 11 of 2007.
Instruction: Rhino Park Human Resource officers heard that you are a commercial law expert and asked you to draft Rita’s employment contract (including her offer) with all relevant clauses.
In: Accounting
Consider eruptions of Old Faithful geyser in Yellowstone National Park. The distribution of eruptions is said to be roughly normal and based on a study done in the park in 2011 has a mean time between eruptions of 93 minutes with a standard deviation of 9.5 minutes.
A)Suppose we are still studying 60 eruptions and we want to know what the longest 5% of mean times between eruptions would be. What average time would put us in the longest 5%?
B)How would your previous answer change if we were only studying 20 eruptions?
C)If we study 45 eruptions, what is the chance that a mean eruption time would differ from the true mean by less than 5 minutes?
D)If we study 45 eruptions, what is the chance that a mean eruption time would differ from the true mean by less than 1 minute?
In: Statistics and Probability
In: Statistics and Probability
2. According to Newton’s Law of Cooling, the rate of change of the temperature of an object can be modeled using the following differential equation:
dT/dt = k(T-TR)
where T is the temperature of the object (in ◦F), TR is the room
temperature (in ◦F), and κ is the constant of
proportionality.
On a crime show, the detective discovers a dead body in a hotel
room.
(a) Write the differential equation to describe the change in
temperature of the body if κ = −0.405 and thermostat in the hotel
room is set at 70◦F.
(b) Solve the differential equation using an appropriate method.
State the method you used and show your work.
(c) Assuming the victim was a healthy 98.6◦F at the time of the
murder, we have the initial condition that T(0) = 98.6. Find the
particular solution to the IVP.
(d) If the body temperature is 85◦F when the crime scene is
discovered, how long has the victim been dead? (Assume t is
measured in hours.)
In: Advanced Math
1. Fossa (a terrestrial mammal in Madagascar) experience a population decline of 20% each time a cyclone hit a particular national park on the African coast, because their prey populations also decline rapidly. Usually, one cyclone hits every 10 years. However, in one unusual year, five cyclones hit this national park and the population was reduced in quick succession to a level that was then easily wiped out by hunters. The primary causes of this population’s extinction were:
a) Over-Exploitation & Demographic Stochasticity
b) Over-Exploitation & Environmental Stochasticity
c) Demographic Stochasticity & Habitat Loss
d) Environmental Stochasticity & Habitat Loss
e) Demographic & Environmental Stochasticity
2. For a decreasing population, which of the following could be true regarding a declining population?
|
a) Ro= .8 and r = .2 |
||
|
b) Ro = .5 and r = 0 |
||
|
c) Ro = 0.8 and r = - 0.2 |
||
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d) Ro= - 0.8 and r = - 0.2 |
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e) Ro= - 0.2 and r = 0.8 |
In: Biology
) Braha Boda Hotel’s is a company in the hospitality industry that take care of travelers along its area of operation. The budgets for the Hotel got the year 2010 are as follows:
GHS GHS
Occupants Charges 1,100,000
Costs:
Variable:
Direct supplies. 80,000
Direct salaries 600,000
Occupation service:
Overheads 65,000
Administration. 92,000
Fixed:
Overheads 125,000
Administration 140,000 1,102,000
Loss (2,000)
Additional Information:
1. Number of rooms available 100 per day
2. Occupants days 24,000 per annum
You are required to compute:
(i) The contribution margin ratio.
(ii) The break-even point in both occupants’ days and occupants’ charges.
(iii) The margin of safety ratio if the Hotel operates at fully capacity.
(iv) The break-even points one occupants’ days of direct salary were
increased to GHS626,000.
(v) The break-even in occupants’ days if fixed occupants service overheads were increased to GHS145,000.
In: Accounting
A survey found that women's heights are normally distributed with mean
62.1
in. and standard deviation
3.1 in. The survey also found that men's heights are normally distributed with mean 69.6 in. and standard deviation 3.7
in. Most of the live characters employed at an amusement park have height requirements of a minimum of
56 in. and a maximum of
63in. Complete parts (a) and (b) below.
a. Find the percentage of men meeting the height requirement. What does the result suggest about the genders of the people who are employed as characters at the amusement park?
The percentage of men who meet the height requirement is
nothing%.
(Round to two decimal places as needed.)
Since most men
▼
meet
do not meet
the height requirement, it is likely that most of the characters are
▼
women.
men.
b. If the height requirements are changed to exclude only the tallest 50% of men and the shortest 5% of men, what are the new height requirements?
The new height requirements are a minimum of nothing in. and a maximum of nothing in.
In: Statistics and Probability
1.
A random sample of ten households in College Park revealed they generated a mean of 10.91 pounds of garbage per week with a standard deviation of 4.736 pounds. Construct the 80% confidence interval to estimate the mean amount of garbage all College Park households generate per week
8.1646 pounds to 13.6554 pounds
7.5220 pounds to 14.2980 pounds
8.8387 pounds to 12.9813 pounds
6.0429 pounds to 15.7771 pounds
2.
Suppose National Collegiate Athletic Association [NCAA] rules state all student-athletes are to receive an average of 50 hours of academic support, per term. A random sample of 49 University of Maryland student-athletes revealed a mean of 47.5 hours of academic support per term. If the calculated value for the associated test statistic equaled -1.75, what was the standard deviation of the number of hours of academic support the student-athletes in the sample received per term?
12
15
7
10
In: Statistics and Probability
Taking the family to an amusement park has become increasingly costly according to the industry publication Amusement Business, which provides figures on the cost for a family of four to spend the day at one of America’s amusement parks. A random sample of 25 families of four that attended amusement parks yielded the following costs, rounded to the nearest dollar.
|
122 |
166 |
171 |
148 |
135 |
|
173 |
137 |
163 |
119 |
144 |
|
164 |
153 |
162 |
140 |
142 |
|
158 |
130 |
167 |
173 |
186 |
|
92 |
170 |
126 |
163 |
172 |
Given the cost is normally distributed.
a) Suppose the population standard deviation is $21. Determine a 95% confidence interval for the mean cost of a family of four to spend the day at an American amusement park.
c) What is the margin of error of the 95% confidence interval obtained ?
d) Suppose we want to find a 95% confidence interval with margin of error 0.5. How many samples shall we collect?
In: Statistics and Probability
Otay Lakes Park is a private camping ground near the Mount Miguel Recreation Area. It has compiled the following financial information as of December 31, 2017.
|
Service revenue (from camping fees) |
$132,000 |
Dividends |
$ 9,000 |
|
Sales revenue (from general store) |
25,000 |
Notes payable |
50,000 |
|
Accounts payable |
11,000 |
Expenses during 2017 |
126,000 |
|
Cash |
8,500 |
Supplies |
5,500 |
|
Equipment |
114,000 |
Common stock |
40,000 |
|
Retained earnings (1/1/2017) |
5,000 |
Instructions
(a)
Determine Otay Lakes Park's net income for 2017.
(b)
Prepare a retained earnings statement and a balance sheet for Otay Lakes Park as of December 31, 2017.
(c)
Upon seeing this income statement, Walt Jones, the campground manager, immediately concluded, “The general store is more trouble than it is worth—let's get rid of it.” The marketing director isn't so sure this is a good idea. What do you think?
In: Accounting