In: Economics
1) Locate an article about a subject that is of interest to you. It could pertain to a career issue, an academic issue, or a life issue. 2) Analyze the article and identify the audience the author intended to read it, as well as the situation that might have influenced its writing. 3) Evaluate the quality of the writing; propose how the author might have revised or proofread the the article to make it more readable and appropriate for the intended audience. 4) Share with your peers your response to the ideas expressed in the article. Do you agree? Disagree? Why? Why not?
In: Operations Management
Deterioration of buildings, bridges, and other structures through the rusting of iron costs millions of dollars every day. Although the actual process also requires water, a simplified equation (with rust shown as Fe2O3) is: 4 Fe(s) + 3 O2(g) → 2 Fe2O3(s) ΔHrxn = −1.65 × 103 kJ (a) What is the ΔHrxn when 0.250 kg of iron rusts? × 10 kJ (b) How much rust forms when 2.60 × 103 kJ of heat is released? × 10 g Fe2O3
In: Chemistry
The city of Gadsden, Alabama (where Noah’s parents live) is considering replacing one of the bridges that cross the Coosa River that runs through town. The primary benefits of replacing the current bridge are reductions in commute time, traffic, and better foot traffic safety for people walking across the bridge. The expected cost of the bridge is $8 million. The expected benefits from primary sources over the coming years are $4 million immediately, and $1 million each year over the next 4 years. Discuss the cost-benefit analysis associated with this project. Is it possible to improve the cost-benefit analysis? Is anything missing from it?. Should the city go forward with the project? Why or why not?
In: Economics
Bridges and Lloyd, an accounting firm, provides consulting and
tax planning services. For many years, the firm's total
administrative cost (currently $250,000) has been allocated to
services on the basis of billable hours to clients. A recent
analysis found that 65% of the firm's billable hours to clients
resulted from tax planning services, while 35% resulted from
consulting services.
The firm, contemplating a change to activity-based costing, has
identified three components of administrative cost, as
follows:
| Staff Support | $ | 180,000 | |
| In-house computing charges | 50,000 | ||
| Miscellaneous office costs | 20,000 | ||
| Total | $ | 250,000 | |
A recent analysis of staff support found a strong correlation
between the number of staff personnel and the number of clients
served (consulting, 20; tax planning, 60). In contrast, in-house
computing and miscellaneous office cost varied directly with the
number of computer hours logged and number of client transactions,
respectively. Consulting consumed 30% of the firm's computer hours
and had 20% of the total client transactions.
Assuming the use of activity-based costing, the proper percentage
to use in allocating staff support costs to tax planning services
is:
Multiple Choice
20%.
60%.
65%.
75%.
80%.
In: Accounting
3. A telephone survey of university students was conducted to estimate the prevalence of respiratory disease in the student population. What type of study is this? (1 mark) a) Case-control b) Cohort c) Cross-sectional d) Longitudinal e) Cluster-randomised trial 3b. Could this study be affected by selection bias? If so, how? Answer in complete sentences. (1 mark) 3c. How would such bias affect the prevalence estimate? Answer in complete sentences. (1 mark)
In: Statistics and Probability
We consider a randomized experiment, the Tennessee STAR experiment, where students and teachers are randomly assigned to either a small class (15 students) and a regular class (24 students).
We want to estimate the effect of smaller class in primary school
and use the following linear model:
Score = β0 + β1ClassSize + Controls + u,
where Score is student’s academic score, Class Size is dummy for
small class, and controls includes free lunch status, race, gender,
teacher characteristics and so on.
However, you estimate the following model instead:
Score = α0 + α1ClassSize + v
A. Provide the conditions for the OLS estimator for α1 to be
unbiased.
B. Provide the Gauss-Markov assumptions for the OLS estimator for
α1.
C. Evaluate the sign and the magnitude of bias α1 if teacher’s
experience has positive effect on score and more experienced
teachers are more likely to be assigned to regular class.
D. Suppose that teachers and students are randomly assigned to
either a small class (15 students) or a regular class. Compare α1
to β1.
E. How does the OLS estimator for β1 change as we additionally
include parental characteristics as Controls?
In: Math
In: Statistics and Probability
You collect several thousand Drosophila melanogaster individuals from the UC Davis experimental orchard in Winters. Youuse1000 of these flies to establish a laboratory population, which you maintain at a census population size of 1000 each generation. You then establish from the remaining field-collected flies a series of replicated populations of size 10, 100, 200, and 500and maintain each at the starting size (10, 100, 200, 500) for several generations. After some time, you sequence each lab population.
a. If one plotted for each lab population, the frequency of each nucleotide variant vs. its true frequency in the UCD population, how would the correlations differ across lab populations?
b. Which lab populations do you think would provide the best estimate of the true UCD frequencies? Why?
c. Now imagine that one carried out the same type of correlation analysis of allele frequencies ,but instead of comparing each population to the true UCD frequencies you compare the allele frequency of the replicated populations to each other (e.g., the populations of size 10 are compared to one another, the populations of size 100 are compared to one another, etc.). How would the pairwise correlations of frequency vary from one population size to another?
d. What two aspects of the sampling of flies in this entire experiment would lead to allele frequency deviations from the true UCD frequencies for sites free of natural selection?
e. You measure sequence divergence between each lab population and the sibling species, Drosophila simulans. How will the expected divergence vary across replicated populations of different size? Why?
In: Advanced Math
Consider a system of particles in a volume V and in
equilibrium with a thermal bath at temperature T.
a) What is the assembly that represents the statistical properties
of the system? Give the name of the assembly and define it.
b) If the microstates of the system are classically described by
the ϕ phases in the Γ space. What is the
probability density p(ϕ) of finding the system in the microstate
phi?
c) Write the appropriate partition function to the system.
d) With which thermodynamic variable is this partition function
directly related? Write the relationship between them.
In: Physics