The Zagat Restaurant Survey provides food, decor, and service ratings for some of the top restaurants across the United States. For 21 restaurants located in a certain city, the average price of a dinner, including one drink and tip, was $48.60. You are leaving on a business trip to this city and will eat dinner at three of these restaurants. Your company will reimburse you for a maximum of $50 per dinner. Business associates familiar with these restaurants have told you that the meal cost at one-third of these restaurants will exceed $50. Suppose that you randomly select three of these restaurants for dinner. (Round your answers to four decimal places.)

(a)

What is the probability that none of the meals will exceed the cost covered by your company?

(b)

What is the probability that one of the meals will exceed the cost covered by your company?

(c)

What is the probability that two of the meals will exceed the cost covered by your company?

(d)

What is the probability that all three of the meals will exceed the cost covered by your company?

Mr. H is a 30-year-old man. He was riding his bike to work and was struck by a vehicle traveling at 35 miles per hour.  He was comatose with a GCS 7 upon arrival to the ED.

1. What are the leading causes of traumatic brain injury in the United States?  Describe important teaching points in prevention of a TBI.  

2. Traumatic brain injury can be classified into primary brain injury and secondary injury, describe the differences in the two types of injury.  List common types of injury of each.

3. Outline the different components of assessing a patient with a traumatic brain injury.

4. Describe the initial management of a patient with a traumatic brain injury.

5. What are the cardiovascular complication and pulmonary complications from a traumatic brain injury?  Describe the nurse’s role in prevention.  

6. TBI carries a high mortality rate and brain death is an important diagnosis to understand.  Describe what the term brain death means and how the nurse can help the family through this difficult time.

Citrus Girl Company (CGC) purchases quality citrus produce from local growers and sells the produce via the Internet across the United States. To keep costs down, CGC maintains a warehouse, but no showroom or retail sales outlets. CGC has the following information for the second quarter of the year:

1. Expected monthly sales for April, May, June, and July are $280,000, $250,000, $370,000, and $150,000, respectively.
2. Cost of goods sold is 30 percent of expected sales.
3. CGC’s desired ending inventory is 25 percent of the following month’s cost of goods sold.
4. Monthly operating expenses are estimated to be:

• Salaries: $36,000
• Delivery expense: 5 percent of monthly sales
• Rent expense on the warehouse: $7,500
• Utilities: $1,500
• Insurance: $150
• Other expenses: $250

Required:

1. Compute the budgeted cost of purchases for each month in the second quarter.

2. Complete the budgeted income statement for each month in the second quarter.

Following are the number of miles traveled for 30 randomly selected business flights within the United States during 1999.

1095, 925, 1656, 1605, 1503, 1928, 2030, 1418, 500, 1248,
2047, 1027, 1962, 1027, 1197, 1928, 874, 1367, 1129, 1401,
874, 602, 1503, 1469, 636, 1503, 925, 1384, 874, 704

a) Use the data to obtain a point estimate for the population mean number of miles traveled per business flight, μ, in 1999.
Note: The sum of the data is 38341.

b) Determine a 95.44% confidence interval for the population mean number of miles traveled per business flight in 1999. Assume that σ=450 miles. Confidence interval: ( ,  ).

c) Must the number of miles traveled per business flight in 1999 be exactly normally distributed for the confidence interval that you obtained in part (b) to be approximately correct?

d) What theorem helped you answer part (c)?

1. The Washington Post article explains that LinkedIn earns revenue mainly in three ways. Which of the following is NOT one of them?

2. LinkedIn helps people find jobs in the following ways:

Citrus Girl Company (CGC) purchases quality citrus produce from local growers and sells the produce via the Internet across the United States. To keep costs down, CGC maintains a warehouse, but no showroom or retail sales outlets. CGC has the following information for the second quarter of the year:

1. Expected monthly sales for April, May, June, and July are $220,000, $190,000, $310,000, and $90,000, respectively.

2. Cost of goods sold is 30 percent of expected sales.

3. CGC’s desired ending inventory is 20 percent of the following month’s cost of goods sold.

4. Monthly operating expenses are estimated to be:

Salaries: $30,000.

Delivery expense: 4 percent of monthly sales.

Rent expense on the warehouse: $4,500.

Utilities: $800.

Insurance: $175.

Other expenses: $260.

Required:

1. Compute the budgeted cost of purchases for each month in the second quarter.

2. Complete the budgeted income statement for each month in the second quarter.

Please use the economics knowledge you have learned so far to analyze the case below. You can propose your own questions and then answer them. Remember, there is no absolutely correct answer to this exercise. Its purpose is to provide you an opportunity to demonstrate your ability to think like an economist by applying economic principles to interpret the logic of a real-world phenomenon.

Will Economic Reforms in Mexico Boost Economic Growth?

More than 18,000 U.S. companies, including Fortune 500 firms, have operations in Mexico. Proximity is to the United States is an advantage of doing business in Mexico but investing in Mexico is risky because of the presence of crime and corruption. The Mexican government has failed to fully establish the rule of law, which is critical for the long-term prospects of the Mexican economy. Mexican entrepreneurs also suffer from problems in the banking industry that make it difficult to obtain the funding needed to finance expansion

32. Dumping means selling goods in a foreign market at lower prices than those charged in the home market.

True

False

33. A large tax cut in the United States should lead to an increase in the trade deficit.

True

False

34.If you have a checking account at Citibank, the account is a liability of the bank.

True

False

35. A store of value is the function of money when used to transfer purchasing power to the future.

True

False

36. If the Fed sells $5 million in government bonds, how much will the money supply change?

37. If a country begins to import more of a commodity, one can normally expect the price of the commodity to

What is a strong and clear thesis statement about poverty in the US?

Here is my intro to my essay but not sure if thesis (last sentence is good)

Poverty is about not having enough money to meet basic needs such as food, clothing and shelter. However, poverty is much more than just not having enough money. It can be not having a job that pays more than minimum wage, those living under a single parent household, or those whose head of the household is unemployed. It is fear for the future and basically living one day at a time or paycheck to paycheck. Not to mention, when poor people are excluded or labeled as being a certain way or having certain negative tendencies within a society, in the end it can lead to damaging consequences for society. In other words, we all pay the price for poverty. Something needs to be done to help the poor get out of poverty and improve our economy and society in the United States.

(PPP in China) The International Comparison Program (ICP) reported a price level index (PLI) for China of 42 in 2005 and 54 in 2011. Recall that, by construction, the PLI for the United States is always 100. 1. Find the percent change in the Yuan-dollar real exchange rate between 2005 and 2011. 2. In 2005 the size of the Chinese economy, at PPP exchange rates, was 43 percent that of the U.S. economy. Ignoring growth in physical output, find the size of the Chinese economy, at 2011 PPP exchange rates, relative to that of the U.S. economy. 3. Suppose instead that all of the observed real appreciation of the yuan was due to the imposition of import tariffs by China. Assume that in the U.S. and China the price level is given by P = Pγ XP1−γ M , where γ = 0.5, PX and PM denote export and import prices, respectively, and that absent tariffs the law of one price holds. Find the size of the import tariff.