Briefly explain the difference between Consumer Price Index and the GDP Deflator. Describe in your own words; you can include an exposition of the formula of each, if you wish.
Suppose the CPI in 2016, 2017, 2018 and 2019 are 100 and 110, 115 and 130 respectively. What is the inflation rate between 2016 and 2017, and between 2017 and 2018? How would you interpret the change in inflation rates between 2016 and 2018?
In: Economics
Pareto Chart and Cost of Quality Report for a Manufacturing Company The president of Mission Inc. has been concerned about the growth in costs over the last several years. The president asked the controller to perform an activity analysis to gain a better insight into these costs. The result of the activity analysis is summarized as follows: Required: 1. Classify the activities into prevention, appraisal, internal failure, external failure, and not costs of quality (producing product). Classify the activities into value-added and non-value added activities. Activity Activity Cost Cost of Quality Classification VA/NVA Correcting invoice errors $22,600 External failure Non-value-added Disposing of incoming materials with poor quality 18,080 Internal failure Non-value-added Disposing of scrap 54,240 Internal failure Non-value-added Expediting late production 45,200 Internal failure Non-value-added Final inspection 40,680 Appraisal Value-added Inspecting incoming materials 9,040 Appraisal Value-added Inspecting work in process 40,680 Appraisal Value-added Preventive machine maintenance 31,640 Prevention Value-added Producing product 162,720 Not a quality cost Value-added Responding to customer quality complaints 27,120 External failure Non-value-added Total $452,000 2. On paper or in a spreadsheet program, prepare a Pareto chart for each of the activities listed above. Answer the following: What type of chart is a Pareto chart? Bar chart Which activity appears first, in order from left to right? Producing product 3. Use the activity cost information to determine the percentages of total department costs that are prevention, appraisal, internal failure, external failure, and not costs of quality. If required, round percentages to one decimal place. Quality Cost Classification Activity Cost Percent of Total Department Cost Prevention $ % Appraisal % Internal failure % External failure % Not a cost of quality % Total $ % 4. Determine the percentages of total department costs that are value-added and non-value-added. If required, round percentages to one decimal place. Activity Cost Percent of Total Department Cost Value-added $ % Non-value-added % Total $ % 5. The department has 37% of its total costs as non-value-added . Internal failure costs represent 26% of the total costs. This means there is significant opportunity for cost savings. External failure costs represent 11% of the total department costs.
In: Accounting
Paul is a 12 year old male diabetic. He maintains his personal digital assistant (PDA), hand-held device, that interfaces with his glucometer and provides information based on inputted data from him and his parents. This information is transmitted to his MD/hospital, school nurse, case manager (CM), and to the parents’ home computer. All in an attempt to better control his diabetes. You are his CM.
The PDA sends an update to you since Paul's blood glucose levels have been rising steadily for the last 5 days. The physician has left a message for you to contact this family and have them come in for an evaluation. You know that both of his parents work so you send an e-mail message to the parents' via their home computer asking them to bring Paul in for an assessment. Since you are in a hurry and will be seeing other patients when they return from work, you decide to add more information to the message than normal reviewing with them the importance of maintaining control over the diabetes and expressing your concern since Paul has not checked in with you lately. You tell them that you think he might be over-doing it since he is trying to play football. You ask how they are doing and if they are still attending their counseling sessions.
Paul's 4 year old sister, Lilah, sends your email out to all of the diabetic lists that both Paul and his parents belong. They interact with people on these lists regularly.
The parents are outraged that this information was sent everywhere. Imagine that you are the designated Privacy Officer in a healthcare institution.
Explain the following:
How would you feel in this situation?
What is the problem? (Clearly state the problem)
What ethical principles would guide you in this case?
What are the alternatives for solving this dilemma?
What are the consequences for each alternative generated?
In your opinion, what is the first choice from the alternatives and why?
Does your choice take into consideration all of the persons involved and the consequences to each of them?
If the worst case scenario would occur based on your choice, could you live with your decision?
Based on your choice, what is your plan of action?
What types of monitoring procedures would you develop?
What would you include in your sanctions for violations policy?
How would you address the following?
Tracking each point of access of the patient’s database including who entered the data
Nurses in your hospital have an access code that only gives them access to their Unit’s patients. A visitor accidentally comes to the wrong unit looking for a patient and asks the nurse to find out what unit the patient is on.
In: Nursing
Paul is a 12 year old male diabetic. He maintains his personal digital assistant (PDA), hand-held device, that interfaces with his glucometer and provides information based on inputted data from him and his parents. This information is transmitted to his MD/hospital, school nurse, case manager (CM), and to the parents’ home computer. All in an attempt to better control his diabetes. You are his CM. The PDA sends an update to you since Paul's blood glucose levels have been rising steadily for the last 5 days. The physician has left a message for you to contact this family and have them come in for an evaluation. You know that both of his parents work so you send an e-mail message to the parents' via their home computer asking them to bring Paul in for an assessment. Since you are in a hurry and will be seeing other patients when they return from work, you decide to add more information to the message than normal reviewing with them the importance of maintaining control over the diabetes and expressing your concern since Paul has not checked in with you lately. You tell them that you think he might be over-doing it since he is trying to play football. You ask how they are doing and if they are still attending their counseling sessions. Paul's 4 year old sister, Lilah, sends your email out to all of the diabetic lists that both Paul and his parents belong. They interact with people on these lists regularly. The parents are outraged that this information was sent everywhere. Imagine that you are the designated Privacy Officer in a healthcare institution.
Explain the following
What are the alternatives for solving this dilemma?
What are the consequences for each alternative generated?
In your opinion, what is the first choice from the alternatives and why?
Does your choice take into consideration all of the persons involved and the consequences to each of them?
If the worst case scenario would occur based on your choice, could you live with your decision?
Based on your choice, what is your plan of action?
What types of monitoring procedures would you develop?
What would you include in your sanctions for violations policy?
How would you address the following: Tracking each point of access of the patient’s database including who entered the data Nurses in your hospital have an access code that only gives them access to their Unit’s patient A visitor accidentally comes to the wrong unit looking for a patient and asks the nurse to find out what unit the patient is on.
In: Nursing
Please complete the following Professional Development exercises.
Read the following Ethics case. Discuss and analyze using the ETHICAL model
Paul is a 12 year old male diabetic. He maintains his personal digital assistant (PDA), hand-held device, that interfaces with his glucometer and provides information based on inputted data from him and his parents. This information is transmitted to his MD/hospital, school nurse, case manager (CM), and to the parents’ home computer. All in an attempt to better control his diabetes. You are his CM.
The PDA sends an update to you since Paul's blood glucose levels have been rising steadily for the last 5 days. The physician has left a message for you to contact this family and have them come in for an evaluation. You know that both of his parents work so you send an e-mail message to the parents' via their home computer asking them to bring Paul in for an assessment. Since you are in a hurry and will be seeing other patients when they return from work, you decide to add more information to the message than normal reviewing with them the importance of maintaining control over the diabetes and expressing your concern since Paul has not checked in with you lately. You tell them that you think he might be over-doing it since he is trying to play football. You ask how they are doing and if they are still attending their counseling sessions.
Paul's 4 year old sister, Lilah, sends your email out to all of the diabetic lists that both Paul and his parents belong. They interact with people on these lists regularly.
The parents are outraged that this information was sent everywhere. Imagine that you are the designated Privacy Officer in a healthcare institution.
What are the consequences for each alternative generated?
In your opinion, what is the first choice from the alternatives and why?
Does your choice take into consideration all of the persons involved and the consequences to each of them?
If the worst case scenario would occur based on your choice, could you live with your decision?
Based on your choice, what is your plan of action?
What types of monitoring procedures would you develop?
What would you include in your sanctions for violations policy?
How would you address the following?
Tracking each point of access of the patient’s database including who entered the data
Nurses in your hospital have an access code that only gives them access to their Unit’s patients. A visitor accidentally comes to the wrong unit looking for a patient and asks the nurse to find out what unit the patient is on.
In: Nursing
valence electrons, lewis structure, electron geometry, molecular geometry, bond angles, polar or non polar
IF4^+
ICl4^-
part b
lewis structure electron geometry, sketch of molecule, polar or non polar
SCl3F3
CBr2F2
IO3^-
PO3^3-
BH3
TeF5^-
XeF2O2
In: Chemistry
List 5 types of non-metallic lustre, with common mineral examples for each. Also list a mineral example with each of a metallic and sub-metallic lustre.
Type of Non-metallic Lustre Mineral Example
______________________ _________________________
______________________ _________________________
______________________ _________________________
______________________ _________________________
______________________ _________________________
Mineral Example of Metallic Lustre
_____________________________
Mineral Example of Sub-Metallic Lustre
_____________________________
In: Other
In: Accounting
Assume that the following pattern holds true through future generations in a certain country: 60% of the daughters of working women also work and 20% of the daughters of non–working women work. Find the transition matrix of the Markov chain modeling working/non–working states across generations.
In: Statistics and Probability
Med Student Sleep Average: Here we consider a small study on the sleep habits of med students and non-med students. The study consists of the hours of sleep per night obtained from 32 non-med students and 24 med students. The summarized data is given in the table below. Here,
x is the mean hours of sleep per night from each sample.
Necessary information:
| n | x | s2 | s | |
| Non−Med (x1) | 32 | 6.3 | 1.9 | 1.38 |
| Med (x2) | 24 | 5.5 | 0.9 | 0.95 |
The Test: Test the claim that, on average, the
mean hours of sleep for all med students is different from that for
non-med students. Test this claim at the 0.01 significance
level.
(a) The claim states there is a difference between population means (μ1 − μ2 ≠ 0). What type of test is this?
This is a two-tailed test.
This is a right-tailed test.
This is a left-tailed test.
(b) Calculate the test statistic using software or the formula below
t =
| (x1 − x2) − δ | ||||||
|
where δ is the hypothesized difference in means from
the null hypothesis. Round your answer to 2 decimal
places.
t =
To account for hand calculations -vs- software, your answer
must be within 0.01 of the true answer.
(c) Use software to get the P-value of the test statistic.
Round to 4 decimal places.
P-value =
(d) What is the conclusion regarding the null hypothesis?
reject H0
fail to reject H0
(e) Choose the appropriate concluding statement.
The data supports the claim that, on average, the mean hours of sleep for all med students is different from that for non-med students.
There is not enough data to support the claim that, on average, the mean hours of sleep for all med students is different from that for non-med students.
We reject the claim that, on average, the mean hours of sleep for all med students is different from that for non-med students.
We have proven that, on average, the mean hours of sleep for all med students is different from that for non-med students.
In: Statistics and Probability