Jessica is a 30 year old immigrant from Mexico City. She and her husband Marco have been in the U.S for the last three years and have finally earned enough money to move out of their aunt home and into an apartment of their own. They are both hard workers. Jessica works 50 hours a week at a local restaurant, and Marco has been contracting side jobs in construction. Six months before their move to an apartment, Jessica finds out she is pregnant. Four months later, Jesssica and Marco arrive at the county hospital, a large, public, nonteaching hospital. A preliminary ultrsaound indicates a pssible abnormality with the fetus. Further scans are conducted and it determind that the fetus has a rare condition in which it has not developed any arms, and will not likely develop them. There is also a 25% chance that the fetus may have down syndrome. Dr. Wilson, the primary attending physician is seeing Jessica for the first time, since she and Marco did not receive earlier prenatal care over concerns about finances. Marco insists that Dr. Wilson refrain from telling Jessica the scan results, assuring him that he will tell his wife himself when she is emotionally ready for the news. While Marco and Dr. Wilson are talking in another room, Aunt Maria walks into the room with adistressed look on her face. She can tell that something is wrong and inquires of Dr. Wilson. After hearing of the diagnosis, she walks out of the room wailing loudly and praying out loud. Marco and Dr. Wilson continues their discussion and Dr. Wilson insists that he has an obligation to Jessica his patient and that she has a right to know the diagnosis of the fetus. He furthermore is intent to discussing all relevant factors and options regrading the next step, including abortion. Marco insists on taking some time to think of how to break the news to Jessica, but Dr. Wilson, frustrated with the direction of the conversation, informs husband that such a choice is not his to make. Dr. Wilson proceeds back across the hall, where he walks in on Aunt Maria awkwardly praying with Jessica and phoning the priest. At that point, Dr. Wilson gently but briefly informs Jessica of the diagnosis, and lays out the option for abortion as a responsible medical alternative, given the quality of life such a child would have. Jessica looks at him and struggles to hold back hers tears. Jessica is torn between her hopes of a better socioeconomic position and increased independence, along with her conviction that all life is sacred. Marco will support Jessica in whatever decision she makes, but is finding it difficult to not view the pregnancy and prospects of a disabled child as aburden and a barrier to their economic security and plans. Dr. Wilson lays out all of the options but clearly makes his view known that abortion is "scientifically" and medically a wise choice is this situation. Aunt Maria pleads with Jessica to follow through with the pregnancy and allow what "God intends" to take place, and urges Jessica to think of her responsibility as a mother. Write a 500-750 word analysis of this situation be sure to address the following questions.

1. Which theory or theories are being used by Jessica, Marco, Maria and Dr. Wilson to determine the moral status of the fetus? Explain?

Jessica is a 30 year old immigrant from Mexico City. She and her husband Marco have been in the U.S for the last three years and have finally earned enough money to move out of their aunt home and into an apartment of their own. They are both hard workers. Jessica works 50 hours a week at a local restaurant, and Marco has been contracting side jobs in construction. Six months before their move to an apartment, Jessica finds out she is pregnant. Four months later, Jesssica and Marco arrive at the county hospital, a large, public, nonteaching hospital. A preliminary ultrsaound indicates a pssible abnormality with the fetus. Further scans are conducted and it determind that the fetus has a rare condition in which it has not developed any arms, and will not likely develop them. There is also a 25% chance that the fetus may have down syndrome. Dr. Wilson, the primary attending physician is seeing Jessica for the first time, since she and Marco did not receive earlier prenatal care over concerns about finances. Marco insists that Dr. Wilson refrain from telling Jessica the scan results, assuring him that he will tell his wife himself when she is emotionally ready for the news. While Marco and Dr. Wilson are talking in another room, Aunt Maria walks into the room with adistressed look on her face. She can tell that something is wrong and inquires of Dr. Wilson. After hearing of the diagnosis, she walks out of the room wailing loudly and praying out loud. Marco and Dr. Wilson continues their discussion and Dr. Wilson insists that he has an obligation to Jessica his patient and that she has a right to know the diagnosis of the fetus. He furthermore is intent to discussing all relevant factors and options regrading the next step, including abortion. Marco insists on taking some time to think of how to break the news to Jessica, but Dr. Wilson, frustrated with the direction of the conversation, informs husband that such a choice is not his to make. Dr. Wilson proceeds back across the hall, where he walks in on Aunt Maria awkwardly praying with Jessica and phoning the priest. At that point, Dr. Wilson gently but briefly informs Jessica of the diagnosis, and lays out the option for abortion as a responsible medical alternative, given the quality of life such a child would have. Jessica looks at him and struggles to hold back hers tears. Jessica is torn between her hopes of a better socioeconomic position and increased independence, along with her conviction that all life is sacred. Marco will support Jessica in whatever decision she makes, but is finding it difficult to not view the pregnancy and prospects of a disabled child as aburden and a barrier to their economic security and plans. Dr. Wilson lays out all of the options but clearly makes his view known that abortion is "scientifically" and medically a wise choice is this situation. Aunt Maria pleads with Jessica to follow through with the pregnancy and allow what "God intends" to take place, and urges Jessica to think of her responsibility as a mother. Write a 500-750 word analysis of this situation be sure to address the following questions.

2. How does the theory determine or influence each of their recommendation for action? What theory do you agree with?

Task

Create an outline (plan to write your message – sample outline provided below) and an email message based on case details identified below.

Situation

You work as an assistant office manager for Diamond Clear, a family-run window installation company and a scheduling issue has arisen in the office. You are writing on behalf of Lucia to her brother Scott regarding the situation (includes the problem) and your request (main idea).

In your email message you will inform Scott that there is a shipment delay. The message should explain that Lucia thinks that Scott should hold off on the corporate job and start the Herbert Street job instead. The message should also tell Scott to confirm that he understands the situation and get back to you right away if he has any concerns about Lucia's plan.

Facts

Include as many facts below as necessary to create an effective message. Diamond Clear is a family business, run by siblings Scott and Lucia Diamond. The company was started over 30 years ago by Scott and Lucia's father, who built his business slowly by honoring the customer and being true to his word.

• Scott is in charge of the company's operational matters. Scott typically spends his days visiting the various installation sites, keeping track of deliveries, and making sure that jobs run smoothly and finish on time.

• Lucia runs the financial end of the company. She typically spends her days in the office taking care of such things as financing, bookkeeping, ordering, and scheduling.

• The siblings take turns making estimates for prospective clients. Lucia takes care of most of the large business clients. Scott usually deals with individual homeowner accounts.

• This week, Diamond Clear has two jobs scheduled. The first job is scheduled to start tomorrow, Tuesday, for a family on Herbert Street. It is likely to take 1 to 2 days to complete. The customer is having a wedding on the weekend, and so the job absolutely needs to be done before then.

• The second job is a corporate account that is scheduled to start today (Monday) and is likely to take 2 to 3 weeks.

• Lucia has just learned this morning that the window shipment she was expecting for the corporate job has been delayed. Lucia tried to tell Scott about the delay,but could not get through to him. Lucia then went off to a downtown business meeting and will probably be out of communication until late this afternoon.

• The delay means that Diamond Clear currently has only enough materials to begin one of the two jobs that are scheduled for the week.

• Diamond Clear's window supplier is quite reliable, and Lucia is fairly confident that the new window shipment will arrive tomorrow. However, there have been a few occasions in the past when shipments were delayed by more than one day.

• Before she left for her meeting, Lucia told you that she thinks the Herbert Street job should be the priority in this situation. Lucia thinks Scott should change the order of the two jobs and start the Herbert Street job first rather than the corporate job.

Assignment Direction:

1. Complete Part I of this assignment first, if you have not done so, because it provides guided practice on questions similar to the questions in Part II here.
2. Check out the “Important Resources and Assignment Guides” in the Modules section on Canvas to see how to properly show your math work. There are also examples of the APA-style tables and graphs (figures) for your reference.
3. Your submitted assignment must be in Word format, with a clear answer typed out for each question, even if you show math work in a separate Excel file.

Q1) One-Sample t-Test (21 points total)

I am curious about how many hours per week my students spend on their online coursework. So, I surveyed 9 of my students on how many hours per week they spend on my online PSY 230 course. According to a survey of online college students (in all courses), students studied an average of 9 hours a week for a 3-credit course. I assume that the national study time scores are normally distributed, and I set the significance level at α = .05.

1. What is the dependent variable in this hypothesis test? What is the “sample” for this one-sample t test? (2 points total: 1 for each question)

2. I am interested in testing whether there are any differences between my students and the national average, so my hypothesis is non-directional. What would be the null and alternative hypotheses in both words and symbol notations for my analysis? (4 points total: 1 for each hypothesis in words, 1 for each hypothesis in notation)

3. Calculate the sample mean. (2 points total: 1 for work, 1 for answer)

4. Estimate the standard deviation of the population (2 points total: 1 for work, 1 for answer)

5. Calculate the standard error (standard deviation of the sampling distribution) (2 points total: 1 for work, 1 for answer)

6. Calculate the t statistic for the sample (2 points total: 1 for work, 1 for answer)

7. Specify whether the test is a one-tailed or two-tailed test based on the hypotheses form (b), and then determine the critical t value(s) based on the type of test and the preset alpha level (2 points total: 1 for each answer)

8. Compare the t statistic with the critical t value. Is the calculated t statistic more extreme or less extreme than the critical t value? Then make a decision by stating whether we “reject” or “fail to reject” the null hypothesis (2 points total: 1 for each answer)

1. Interpret the result in 1-2 sentences (you may restate the hypothesis accepted or explain it in your own words) (1 point)

10. Calculate the raw effect size and the standardized effect size of this hypothesis test (4 points total: 2 per effect size: 1 for work, 1 for answer)

1.

(i) Demand function for tickets for a rock concert has been estimated to be

ln Q = 3.737 - 1.518 ln P +1.213 ln I

where Q denotes number of tickets (in thousands), P the (average) ticket price and I the

average income of the concert goers.

Determine the values of the price elasticity of demand and the income elasticity of

Demand.

(ii) In a recent study it has been estimated that the own price elasticity of demand for a

Special type of U.S. manufactured automobile tires is - .75, while the income elasticity of

Demand is 1.1 and the cross price elasticity of demand with respect to foreign imports is

1.4. The current sales volume for the U.S. manufactured tires is 5 million units per year.

It is anticipated that the price of the foreign imports will rise by 5%.

(a) Assuming that average income of the target group of customers will not change,

Calculate the number of tires that the tire manufacturers will be able to sell if they plan to increase their own price by 3%.

(b) According to newly released economic data It is now expected that over the next year the average income of the target group of consumers in the U.S. will grow by 4%.

Calculate the amount (%) by which the U.S. tire manufacturers can adjust their price if

they wish to increase their sales volume by 8.4% over the initial 5 million units. Assume

the same increase in foreign tire prices as above.

(iii) Bright Future, Ltd (BF) is a nonprofit foundation providing medical treatment to

emotionally distressed children. BF has hired you as a business consultant to design an

employment policy that would be consistent with its goal of providing the maximum

possible service given its limited financial resources. You have determined that the

service (Z) provided by BF is a function of its medical staff input (M) and social worker

staff input (S) which is given by:

Z = M + .5S + .5 MS - S2

BF’s staff budget for the coming year is $1,200,000. Annual employment costs are

$30,000 for each social worker staff member (S) and $60,000 for each medical staff

member (M).

(a) Using the Lagrangean multiplier approach calculate the optimal (i.e., service

maximizing) combination of medical and social worker staff. Determine the

optimal amount of service provided by BF.

(b) Calculate BF’s marginal cost. Explain your answer.

(c) Using Excel-Solver verify your answer to (a).

(Show your work. Show the spreadsheets in detail. Show the Solver window

embedded on the relevant worksheet so that the commands in the Solver

window become directly visible and are linked to the cells of the worksheet. To

show the solver window, use print screen command on your key board and

then create a MS Word document using paste. See The Solver supplement for

help.)

(iv) In year 2016 price of a (750 ml.) bottle of wine sold by Richard Mondavi was $20.00. Fifty

(thousand) bottles were sold. It was estimated that the own price elasticity of demand for wine

of that type was -1.6. Assuming a straight line demand curve, determine the demand equation

for Mondavi's wine.

Show and explain all your calculations.

There are 3 questions. You must show your work and how you got the answer. PLEASE DO NOT ANSWER IF YOU ARE NOT SURE

You have been asked to look at production options for the Android01, since production methods and allocation of costs have implications for cost per unit. Two alternative methods of production are being considered. Begin by gathering data (using financial information in decision making), then determine the suitability of the project.

The production of Android01 will share some production facilities and service divisions with Processor01. Fixed costs are $5 million per year, and will be assigned at the rate of 30 percent to Android01 and 70 percent to Processor01.

The variable cost of the production facilities and service divisions is $25 million per year. The square footage of factory space and labor needed for the production of 500 units of Processor01 and 300 units of Android01 are listed below.

The remaining cost for the production of Android01 is for components, at $25,000 per unit.

Question 1: In Method B, what would be the cost per unit of producing Android01 using factory space as the allocation basis? What would be the cost per unit using labor as the allocation basis?

Before starting on your calculations, review materials on production cost allocation.

An alternate method of assigning costs is activity-based costing.The major activities for the production of both Processor01 and Android01 are fabricator setup and component assembly. There are 500 units of Processor01 and 300 units of Android01 produced every year. There will be a total of 25,000 setups per year for at a total cost of $10 million. Each unit of Android01 will require 40 setups. There will be a total of 125,000 assemblies per year at a total cost of $15 million. Each unit of Android01 will require 180 assemblies. The remaining cost for the production of Android01 is for components, at $25,000 per unit.

Question 2: What would be the cost per unit of producing Android01 using activity-based costing?

Note that in addition to the setup costs and assemblies costs there are two more costs to add: (1) fixed costs of $5 million, which are still distributed at a rate of 30 percent to Android01 and 70 percent to Processor01, and (2) the cost of Android01 components at $25,000 per unit.

Discuss the differences in the cost per unit of Android01 using space as an allocation basis, using labor as an allocation basis, and using activity-based costing. Which method do you think is the most accurate way to assign costs?

Next, suppose IPS uses markup pricing for Android01. Fixed costs are $4.5 million, and for a level of production of 300 units, the variable cost per unit is $48,000.

Question 3: What is the price of the Android01 at 30 percent markup over full cost?

Submit your Markup Pricing Report and Calculations to the dropbox below. Submit a spreadsheet showing your calculations in Excel and provide a narrative analysis in Word. Your narrative analysis should summarize the results of your analysis and make recommendations for the benefit of company.

Under ordinary circumstances: For all babies born in the entire global population, the proportion of male births tends to be consistently a bit higher, than the proportion of female births (Source: WHO - World Health Organization).

In fact: For a randomly sampled individual birth from the global population, the probability that the baby's sex will be male is approximately 51.2%.

Imagine that we will randomly record the sex outcome at birth for 1000 future individual babies from the global population.

We will let random variable X stand for the total number of male births in our sample.

[Note: This problem takes place within the Binomial Setting, and thus we model it using a Binomial Distribution.]

A.) What is the approximate value of P(X≥542) ?

Write your answer as a percentage value, and round to two digits after the decimal point. Include a percent symbol after your answer (no spaces).

B.) A famous mathematical theorem states that the Binomial Distribution in this problem, will be well-approximated by a ___________Distribution.

What single-word, formal distribution name correctly fills-in the blank in this last sentence?

A researcher wonders if the currently-believed global male-births proportion value of approximately p = 51.2% is still correct.

The researcher decides to perform a two-sided significance test, and in advance, chooses a significance-level of 1%.

The researcher then randomly samples the reported birth-sex information for 1000 recent global births, and finds that exactly 551 of these babies were reported to be males.

A.) In percentage form, and rounded to three digits past the decimal point: What is the approximate P-value of this test?

Include a percentage symbol at the end of your numerical answer (with no spaces).

Recall from the previous problems:

In order to study the global proportion of male baby births, a researcher randomly sampled the reported birth-sex information for 1000 recent global births. The researcher found that exactly 551 of these babies were reported to be males.

Using this same sample data, the researcher now decides to build a 99%-level confidence interval for estimating the current true global proportion of male baby births.

In percentage form, and rounded to two digits past the decimal point: What is the approximate value of the Lower Limit of this confidence interval?

A.) Include a percentage symbol at the end of your numerical answer (with no spaces).

B.) In percentage form, and rounded to two digits past the decimal point: What is the approximate value of the Upper Limit of this confidence interval?

Include a percentage symbol at the end of your numerical answer (with no spaces).

C.) In percentage form, and rounded to two digits past the decimal point: What is the approximate value of the Margin of Error for this confidence interval?

Include a percentage symbol at the end of your numerical answer (with no spaces).

C.) Suppose the researcher now wishes that they had instead built a confidence interval still having this same 99% confidence level, but with a margin of error no greater than 1%.

To achieve these new specifications: The researcher intends in the future, to draw a completely new random sample of reported birth-sex information for recent global births.

D.) What minimum sample size will the researcher need to draw, in order to achieve these new confidence interval specifications?

(Note: Your answer should be a whole number here. Do not include any commas in the number.)

Integrated Case - Mutual of Chicago Insurance Company

9-23 Stock Valuation Robert Balik and Carol Kiefer are senior Vice presidents of the mutual of Chicago Insurance Company. They are codirectors of the company;s pension funds management division, with Balik having responsibility for fixed-income securities, (primarily bonds) and Keifer being responsible for equity investments. A major new client, the California League of Cities, has requested that Mutual of Chicago present an investment seminar to the mayors of the represented cities; Balik and Leifer, who will make the actual presentation, have asked you to help them.

To Illustrate the common stock valuation process, Balik and Kiefer have asked you to analyze the Bon Temps Company, an employment agency that supplies word processor operators and computer programmers to businesses with temporarily heavy workloads. You are to answer the following questions.

a. Describe briefly the legal rights and privileges to common stockholders.

b.

1. Write a formula that can be used to value stock, regardless of the dividend pattern.

2. What is constant growth stock? How are constant groth stocks valued?

3. What are the implications if a company forecasts a constant g that exceeds its r _s? Will many stocks have expected g>r_s in the short run (i.e. for the next few years)? In the long run (i.e. forever)?

c. Assume that Bon Temps has a Beta coefficient of 1.2, that the risk-free rate (yield on the T bonds) is 3%, and that the required rate of return on the market is 8%. What is Bon Temp's required rate of return?

d. Assume that Bon Temps is a constant growth company whose last dividend (D₀, which was paid yesterday) was $2.00 and whose dividends expected to grow indefinitely at a 4% rate.

1. What is the firms expected dividend stream over the next 3 years?

2. What is the current stock price?

3. What is the stock's expected value 1 year from now?

4. What are the expected dividend yield, capital gains yield, and total return during the first year?

e. Now assume that the stock is currently selling at $40.00. What is the expected rate of return?

f. What would the stock price be if its dividends were expected to have zero growth?

g. Now assume that Bon Temp's dividend is expected to grow 30% the first year, 20% the second year, 10% the third year, and return to its long- run constant growth rate of 4%. What is the stocks value under these conditions? What are its expected dividend and capital gains in year 1? year 4?

h. Suppose Bon Temps is expected to experience zero growth during the first 3 years and the resume its steady-state growth of 4% in the fourth year. What would be its value then? What would its expected dividend and capital gains yields in year 1? year 4?

i. Finally assume that Bon Temp's earnings and dividends are expected to decline at a constant rate of 4% per year that is g+ 4%. Why would anyone be willing to buy such a stock, and at what price should it sell? What would be its dividend and capital gains yield each year?

Pt-1 Jennifer Hoffman is a 33-year-old female brought to the Emergency Department by her neighbor. She has a history of asthma since childhood with multiple emergency visits within the last year. She appears to be in respiratory distress, struggling to breathe. She is unable to speak other than simple one-word statements. An infusion of normal saline has been started at a keep-open rate.

PT-2 A 52-year-old patient has just arrived in the Emergency Department with complaints of severe abdominal pain, nausea, and vomiting over the last few days. His abdomen is distended. He has poor skin turgor and dry mucous membranes. He has not urinated since yesterday. He has felt "dizzy" and "weak" all evening. He thought it might be the flu, but decided to come in because the stomach pains were getting worse. He has signed informed consent for treatment and labs have been drawn.

PT 3-Situation: Mrs. Morrow is an obese, 80-year-old white female who developed a venous stasis ulcer on her right medial malleolus while still living at home. She moved into our skilled nursing home care facility 3 days ago. The current plan of care is focused on promoting wound healing, improving venous return, and preventing skin breakdown.

Background: Mrs. Morrow has a past medical history of chronic obstructive pulmonary disease (COPD), chronic venous insufficiency, and deep vein thrombosis (DVT). Peripheral arterial disease is ruled out by duplex ultrasound. Her daughter had her admitted to this skilled nursing home care facility due to concern for her safety with impaired mobility, an unhealthy diet, and inability to adequately care for herself at home.

Assessment: Mrs. Morrow is alert and oriented, but sometimes forgetful of recent events. Vital signs have been within normal limits and are performed weekly. Results from yesterday's labs are in the chart. She is on a regular diet with nutritional supplement and has been eating the majority of her meals since admission. She requires assistance with positioning in bed and assistance times 1 to get out of bed to the chair or ambulate. Her gait is unsteady, and she is easily fatigued. Her Braden Scale score is 16, and her skin is intact except for the venous stasis ulcer on the right medial malleolus. She has brown hyperpigmentation on both lower legs with +2 edema. The venous stasis ulcer is covered with a hydrocolloid dressing, which is due to be changed. In preparation for her dressing change, she was medicated for pain half an hour ago.

1.Create a plan of care for each patient ranking at lease 2 problems in order of priorty(include goals, interventions and evaluation methods),

2. List 5 (or more) education topics related to each patient’s current status.

Include how the topics shall be taught (I.e. give patient literature or demonstration by nurse).

Include statements about how each of the education topics should be evaluated for patient comprehension?

Case Study 1

A small group of dockworkers in California, working for Topside Industries, an international shipping company, was being investigated concerning its involvement in a theft. The theft itself was a rather simple operation. The dock hands unloading foreign-made products acted in collusion with their supervisors in order to steal certain items, which they marked on official invoices as “missing” or “damaged” due to shipping. They later sold the items on the black market and split the money between the conspirators. The fraud was discovered when Longstreet Enterprises’ Asian subsidiary contacted Meade about an unusual number of microwaves that were lost during shipment from Korea to Long Beach.

Young Mr. Sherman, the newest member of Meade’s security team, decided to simultaneously interview Mr. Lee and Mr. Jackson, two dockworkers, concerning their involvement in the fraud.

Never having actually met Sherman, Lee and Jackson were simply instructed to wait in the “interrogation” room in the security shop. Lee and Jackson arrived promptly at 8 a.m., dressed in their work clothes, and were seated. Via the intercom, they were told not to leave until Sherman gave them explicit permission to do so. Sherman did not enter the room until 9:30 a.m. He was escorted into the room by a burly security guard carrying a nightstick.

Lee, annoyed at Sherman’s tardiness, blurted out, “Hey, man, we have to get back to work. I’m not getting paid for time off the dock!”

Sherman made no reply. He only paced the room for what seemed an eternity to Jackson. Finally, Sherman moved deliberately and directly over to a chair on Lee and Jackson’s side of the table. Sherman pulled his chair within inches of the two men being interrogated and straddled the chair so that the back of the chair supported his arms.

“Lee, do you know what they did with pirates in pre-colonial Virginia?” asked Sherman. Lee shrugged a little bit and was struggling for an answer when Sherman interrupted. “They were executed in the gallows, and then their bodies were hung in iron cages on the shores of the bay as an example to would-be thieves and pirates. Not a pretty picture, is it, Lee?” Lee was at a visible loss for words.

Pulling two pens and two pieces of paper from his coat pocket and slamming them onto the table, Sherman raised his voice and said, “Now let’s cut through the crap. You dockies are guilty as hell. We’ve got a paper trail a mile long to prove it along with surveillance tapes and written confessions from Hill and Grant. Do yourselves a favor and write out your confessions. If you don’t, I might just have to leave you here with Bruno. And if you physically assault him and he beats you silly, well then it’ll be your word against his, comprende? Oh, yeah, you’ll still be under investigation for grand theft.”

1. Name at least three mistakes that Sherman made in interviewing Lee and Jackson?