Jim and Elsie are saving for their granddaughter Amy’s college education. Amy just turned 12 (at t = 0), and she will be entering college 6 years from now (at t = 6). College tuition and expenses at Sam Houston State University are currently $15,000 a year, but they are expected to increase at a rate of 2% a year. Amy should graduate in 4 years--if she takes longer or wants to go to graduate school, she will be on her own. Tuition and other costs will be due at the beginning of each school year (at t = 6, 7, 8, and 9).

So far, Jim and Elsie have accumulated $30,000 in their college savings account (at t = 0). Their long-run financial plan is to add an additional $5,000 in each of the next 3 years (at t = 1, 2, and 3). Then they plan to make 3 equal annual contributions in each of the following years, t = 4, 5, and 6. They expect their investment account to earn 6%. How large must the annual payments at t = 4, 5 and 6 be to cover Amy's anticipated college costs? (Note: 1.5x Credit)

12.

A wonderful, smart student named “SHINY STAR” enrolled in an online college, called “SUBPERB 4-YEAR TURN YOUR LIFE INTO A MILLION DOLLARS UNIVERSITY.”

When Shiny Star was meeting with his advisor, the advisor told Shiny Star that the college was one of the cheapest colleges around.

However, 2 years into his degree, Shiny Star compared prices and realized that other colleges around were much, much cheaper than “SUBPERB 4-YEAR TURN YOUR LIFE INTO A MILLION DOLLARS UNIVERSITY.”

Shiny Star was upset. He sued the school in District Court, claiming the school had violated competition laws and false advertising laws.

In defense, the University argued that its’ enrollment agreement clearly contained a requirement that all disputes be arbitrated. Shiny Star signed this agreement when he paid and enrolled in classes. The University presented the signed agreement to arbitrate and the District Court dismissed Shiny Star’s case.

This is an example of a contract that agrees to the place or the manner in which the lawsuit will be handled.

What is the legal term for such an agreement to handle the case through arbitration, for example?

The College Board provided comparisons of Scholastic Aptitude Test (SAT) scores based on the highest level of education attained by the test taker's parents. A research hypothesis was that students whose parents had attained a higher level of education would on average score higher on the SAT. The overall mean SAT math score was 514.† SAT math scores for independent samples of students follow. The first sample shows the SAT math test scores for students whose parents are college graduates with a bachelor's degree. The second sample shows the SAT math test scores for students whose parents are high school graduates but do not have a college degree.

c) find the value of the test statistic. (round your answer to three decimal places)

d) compute the p-value for the hypothesis test ( round your answer to four decimal places) p value=

A researcher is interested in seeing if playing violent video games leads to a change in aggressive attitudes. The researcher recruits an experimental group, who plays a violent video game for 1 hour, and a control group. Both groups complete a measurement instrument that measures their aggressive attitudes on a scale of 0-100.

A. What type of study design is this (descriptive, correlational, or experimental)?

B. What would be the appropriate statistical analysis to use in that situation (Chi-Square, Pearson correlation, one sample t-test, paired samples t-test, independent samples t-test, or ANOVA)?

A researcher is interested in seeing how a group of law school students from a prestigious university compared in their scores on the bar exam to other law school students who have taken it. The researcher obtains data on the national average scores for comparison and mean scores from 10 participants.

A. What type of study design is this (descriptive, correlational, or experimental)?

B. What would be the appropriate statistical analysis to use in that situation (Chi-Square, Pearson correlation, one sample t-test, paired samples t-test, independent samples t-test, or ANOVA)?

1. The responsibility for evaluating new​ technologies, new​ ideas, and new capabilities and identifying those that are most relevant to the organization is typically assigned to the​ __________.

A. chief information security officer​ (CISO)

B. chief innovation officer​ (CIO)

C.chief security officer​ (CSO)

D.chief information systems administrator​ (CISA)

E. chief technology officer​ (CTO)

2. When network access and Internet services are​ __________, it means that the users can do all their required processing without any problems nearly all the time.

A.congested

B.reliable

C.proactive

D.restricted

E.encrypted

3. In ten​ years, the IS function will​ ________.

A.no longer be relevant most organizations

B.play a limited role in the organization

C.usually be performed by the CEO of the organization

D.finally be seen as a key player for gaining competitive advantage

E. be replaced by outsourcing firms

4. Which of the following is NOT a​ user's responsibility?

A.Learning the correct procedures for using the applications you need.

B.Using computers and mobile devices according to your​ employer's computer-use policy.

C.Protecting your password.

D.Installing only authorized programs.

E.Obtaining reliable network and Internet connections.

5. The IS department has responsibility for which of the following​ functions?

A.Developing marketing campaigns to be implemented using social media

B.Planning the use of IS to accomplish organizational goals and strategy

C.Training employees to work alongside robots

D.Hiring a company to run the cafeteria

E.Prosecuting hackers

8. When the victim of a defamatory statement is a public figure:

a. the elements of the tort of defamation are exactly the same;

b. the public figure has no right to sue for defamation;

c. the public figure can only sue business or political enemies or defamation;

d. the public figure is also required to prove actual malice; that is, the Defendant made the defamatory statement knowing the statement was false.

19. A distinctive mark, logo or name, can be entitled to trademark

protection, even without formal filing, provided the public has formed

__________between the mark, logo, or name and the product in

question.

a. strict adherence;

b. technical meaning;

c. secondary meaning

d. none of the above.

20. Regarding search and seizure in Washington, which statement is most accurate?

a. there are situations where the right to be free from an unreasonable search and seizure is greater under Washington law than under federal law;

b. there is no state law concerning search and seizure;

c. there are no situations where the right to be free from an unreasonable search and seizure is greater under Washington law than under federal law;

d. none of the above statements are true.

21. _________is the Latin term referring to the requisite criminal act.

a. .actus reus;

b .mens rea

c.caveat emptor

d.res ipsa loquitor

22. The police show up at the door of Castleberry’s home without a warrant and wish to search his home. A search without a warrant is:

a. per se unreasonable

b. permitted under federal law, but not in Washington;

c. only done incident to an arrest;

d. all of the above

6. Which of the following companies would be best suited for participating in an insurance pool?

Select one:

A. A large book seller with hundreds of local retail stores interested in insurance for their fleet of vehicles.

B. A construction company has had good results in a group captive but would like more control over their insurance program.

C. A multi-state Fortune 500 home supply company with adequate liquidity that is seeking workers’ compensation coverage for its 5,000 employees.

D. A local school district that is purchasing new buses and looking to reduce its insurance expense by joining a workers’ compensation pool.

7. If a captive insurer is established to provide coverage for loss exposures that the parent company has difficulty insuring privately, how does the captive insurer typically deal with such risks?

Select one:

A. By insuring difficult-to-insure loss exposures of other companies, effectively pooling the exposure

B. By capping the liability on a per-loss basis, with the parent company assuming losses above the liability cap

C. Through purchasing excess of loss reinsurance

D. Through purchasing proportional reinsurance

8. Why would you self-insure a risk? What risks are typically self-insured? What are the disadvantages of self-insurance?

Do you think the cost of space exploration is justified? To answer this question with facts do the following: Listed below are two lists. List A has astronomy-related projects and List B has other entities. Choose one item from each list, research their budgets and give a link to the data. Next give your frank assessment about the numbers you discovered. Do you think the costs are justified?   Support your answer with reasons.

List A

Apollo Moon Landings, International Space Station, Hubble Space Telescope, Mars Rover Spirit, Mars Rover Opportunity, Mars Rover Curiosity, Chandra X-ray Observatory, Spitzer Infrared Telescope, SOHO, Voyager missions, Cassini-Huygens Missions, Dawn Spacecraft, New Horizons Project, Keck Telescopes, McDonald Observatory, Very Large Array (VLA), WISE Mission.

List B

Dallas Independent School District, Dallas County Community Colleges, Parkland Hospital, University of Texas at Austin, Texas A & M University at College Station, Dallas Cowboys, Dallas Mavericks, Texas Rangers Baseball, Dallas Stars, Texas Instruments, Walmart, Microsoft, Apple, Blackboard, Exxon-Mobil, LBJ Frwy Expansion Project, American Red Cross, Salvation Army.

Three hundred children attending an elementary school in Ethiopia without any prior history of malaria were each assigned at random to one of two groups after the investigators sought appropriate parental consent. The children in the first group received a new vaccine for malaria, and the children in the other group received a saline solution. After one year, the incidence of malaria was computed among the children based on whether they had received the vaccine or not. The children receiving the vaccine had a substantially lower incidence of malaria as a group than the children receiving the saline solution, thereby confirming the anticipated efficacy of the vaccine. What type of study is this?

• A. Randomized Controlled Trial
• B. Prospective Cohort Study
• C. Retrospective Cohort Study
• D. Case-Control Study

The following statement describes which phase of an RCT?

"Studies that gather preliminary data on effectiveness (whether the drug works in people who have a certain disease or condition). For example, participants receiving the drug may be compared with similar participants receiving a different treatment, usually an inactive substance (called a placebo) or a different drug. Safety continues to be evaluated, and short-term adverse events are studied."

• A.

  Phase 1

• B.

  Phase 2

• C.

  Phase 3

• D.

  Phase 4