Question 6
At what point in U.S. history was it decided that the government
had primary responsibility for seeing that people did not go
without basic commodities?
|
1. |
During the Ronald Reagan presidency. |
|
|
2. |
During the William Clinton presidency. |
|
|
3. |
During the Thomas Jefferson presidency. |
|
|
4. |
During the Franklin Roosevelt presidency. |
Question 8
The perceived gain in utility from having insurance coverage can be measured by the value of the loss being insured against.
|
1. |
premium paid if insurance markets are competitive. |
|
|
2. |
maximum premium the consumer would pay. |
|
|
3. |
expected value of the loss being insured against. |
|
|
4. |
maximum premium the consumer would pay minus the expected |
Question 10
Which is not a potential financial problem facing the social security system?
|
1. |
Life expectancy beyond retirement age has been increasing. |
|
|
2. |
The ratio of workers to retirees is decreasing. |
|
|
3. |
The number of retirees is increasing. |
|
|
4. |
The level of support from general revenues is falling. |
Question 11
Adverse selection in health insurance markets can lead
to
|
1. |
individuals’ choosing to see low-quality doctors. |
|
|
2. |
individuals’ choosing excessive insurance coverage and thus over consuming health care. |
|
|
3. |
doctors’ choosing to give excess tests and treatments. |
|
|
4. |
cherry picking, or cream skimming, among consumers by some insurance companies, leaving a pool of high-risk, high-cost consumers unable to purchase insurance at a reasonable cost. |
In: Economics
I need to show how to calculate step by step!
Sephora wants to evaluate the effect of its loyalty program with customer lifetime value (CLV). The expected profits per customer is assumed to be $300 over the next five years, the chur rate is 15% before the program and 10% after Sephora launched the program. The development cost of the program is $200,000,000.
Fill in the CLV table below.
Calculate the ROI of the loyalty program.
|
With the program |
|||||
|
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
|
|
Profits per customer |
300 |
300 |
300 |
300 |
300 |
|
No. customers |
1,000,000 |
900,000 |
810,000 |
||
|
Chur rate |
10% |
10% |
10% |
10% |
10% |
|
Expected profits |
300,000,000 |
270,000,000 |
243,000,000 |
||
|
Discount rate |
10% |
10% |
10% |
10% |
10% |
|
Discount years |
1 |
2 |
3 |
4 |
5 |
|
Present value of expected profits |
272,727,273 |
223,140,496 |
182,569,497 |
||
|
Cumulative LTV |
272,727,273 |
495,867,769 |
678,437,265 |
|
Without the program |
|||||
|
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
|
|
Profits per customer |
300 |
300 |
300 |
300 |
300 |
|
No. customers |
1,000,000 |
850,000 |
722,500 |
||
|
Chur rate |
15% |
15% |
15% |
15% |
15% |
|
Expected profits |
300,000,000 |
255,000,000 |
216,750,000 |
||
|
Discount rate |
10% |
10% |
10% |
10% |
10% |
|
Discount years |
1 |
2 |
3 |
4 |
5 |
|
Present value of expected profits |
272,727,273 |
210,743,802 |
162,847,483 |
||
|
Cumulative LTV |
272,727,273 |
483,471,074 |
646,318,557 |
In: Finance
Donald Rice sold the building that housed the restaurant/lounge he owned and operated for the last 10 years and has recently purchased a larger building in a new location. Mr. Rice hopes to operate a new restaurant and expand his growing business. The building has four equal size rooms. Donald’s restaurant consists of four major departments (areas of his operation):
1. Dining area
2. Lounge/Bar
3. Kitchen
4. Storage/Refrigeration/Loading area
Donald envisioned using the four rooms to occupy four areas of his operation. The distance matrix among the four rooms is as follows (all distance values are given in feet):
Distance Matrix
|
Room |
1 |
2 |
3 |
4 |
|
1 |
– |
25 |
45 |
35 |
|
2 |
– |
60 |
20 |
|
|
3 |
– |
10 |
||
|
4 |
– |
Based on his experience from his previous restaurant, he estimated the following number of trips per hour between departments:
Load Matrix
|
Dining |
Lounge |
Kitchen |
Storage |
|
|
Dining |
60 |
80 |
10 |
|
|
Lounge |
40 |
20 |
||
|
Kitchen |
100 |
|||
|
Storage |
a. Donald is thinking about using the following departmental layout.
|
Room 1 |
Room 2 |
Room 3 |
Room 4 |
|
Dining |
Kitchen |
Lounge |
Storage |
Determine the (distance x trip) matrix for the above layout. What is the total distance?
b. Determine a layout and the associated trip x distance matrix that will result in a lower total distance (Hint: Locate the departments that have high traffic close to each other).
In: Operations Management
Fill in the blanks with the following terms:
Lactate NAD+ fermentation
NADH aerobic anaerobic acetyl CoA
When oxygen is available during glycolysis, the three-carbon
pyruvate may be oxidized to form:
(1) ___________________ + CO2, The coenzyme (2) _________________
is reduced to (3) ___________.
Under (4) _______________ conditions, pyruvate is reduced to (5)
_________________. In yeast, pyruvate forms ethanol in a process
known as (6) __________________.
Associate each of the following descriptions with pathways in
glycogen metabolism:
a. glycogenesis b. glycogenolysis
1. _____ breakdown of glycogen to glucose 2._____ activated by
glucagon
3. _____ starting material is glucose-6-phosphate 4._____ synthesis
of glycogen from glucose
5. _____ activated by insulin 6._____ UDP activates glucose
Gluconeogenesis: Glucose Synthesis
Associate each of the following descriptions:
a) gluconeogenesis b) pyruvate c) pyruvate kinase
d) pyruvate carboxylase e) Cori cycle
1. _____ an enzyme in glycolysis that cannot be used in
gluconeogenesis
2. _____ a typical non-carbohydrate source of carbon atoms for
glucose synthesis.
3. _____ a process whereby lactate produced in muscle is used for
glucose synthesis in the liver and used again by the muscle.
4. _____ the metabolic pathway that converts non-carbohydrate
sources to glucose.
5. _____ an enzyme used in gluconeogenesis that is not used in
glycolysis.
6. _____ a metabolic pathway that is activated when glycogen
reserves are depleted.
Match each of the following with the correct metabolic
pathway:
A. glycolysis B. glycogenolysis C. gluconeogenesis
D. glycogenesis E. fermentation
1. _____ conversion of pyruvate to alcohol
2. _____ breakdown of glucose to pyruvate
3. _____ formation of glycogen
4. _____ synthesis of glucose
5. _____ breakdown of glycogen to glucose
In: Biology
At a gymnastics meet, three judges evaluate the balance beam performances of five gymnasts. The judges use a scale of 1 to 10, where 10 is a perfect score. A statistician wants to examine the objectivity and consistency of the judges. Assume scores are normally distributed. (You may find it useful to reference the q table.)
| Judge 1 | Judge 2 | Judge 3 | |
| Gymnast 1 | 7.9 | 8.7 | 7.6 |
| Gymnast 2 | 6.5 | 7.8 | 8.6 |
| Gymnast 3 | 7.8 | 7.7 | 7.8 |
| Gymnast 4 | 9.4 | 9.4 | 8.3 |
| Gymnast 5 | 6.4 | 6.6 | 7.0 |
a-1. Construct an ANOVA table. (Round intermediate calculations to at least 4 decimal places. Round "SS", "MS", "p-value" to 4 decimal places and "F" to 3 decimal places.)
|
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a-2. If average scores differ by gymnast, use Tukey’s HSD method at the 5% significance level to determine which gymnasts’ performances differ. (Negative values should be indicated by a minus sign. Round intermediate calculations to at least 4 decimal places. Round your answers to 2 decimal places.)
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In: Math
Assignment Instructions:
1) The Factorial The factorial of a non-negative integer ??, denoted by ??!, is the product of all positive integers less than or equal to ??. The textbook has an example of a recursive MIPS implementation of factorial. Additionally, a simplified version of the MIPS assembly language recursive implementation of the factorial function is attached. Trace the factorial example carefully using QTSPIM
2) Recursive definition of multiplication The function ??????????(??, ??) for two positive integers 1 ? ??, and 1 ? ??, is defined as the following: ??????????(??, 1) = ??; ??????????(??, ??) = ?? + ??????????(??, ?? ? 1) Write a recursive version of ??????????() in C or C++ and a pseudo C program (based on chapter 2 in the book) then use these programs to develop a MIPS program that gets as input two integers 0 < ?? ? 255, and 0 < ?? ? 255, and returns the result of ??????????(??, ??) in $v1. Your deliverable should be the pseudo C and the assembly level function
Given code file:
#####################################################################################
# Functional Description: Main program to test Factorial function # Enter a negative number to terminate run
#####################################################################################
.data
.align 2
prompt: .asciiz "\n\n Give me a value for \"N\" : "
msg: .asciiz " N factorial is: "
bye: .asciiz " \n *** Good-Bye ***"
.text
main: addiu $sp, $sp, -8 #Allocate space
mloop:
li $v0, 4
la $a0, prompt
syscall
li $v0, 5 #Get value for N
syscall
bltz $v0, quit
sw $v0, 0 ($sp)
jal Fac # Call factorial
li $v0, 4 # Print message
la $a0, msg
syscall
lw $a0, 4($sp) #Get result
li $v0, 1
syscall #Print factorial
b mloop
quit:
addiu $sp, 8 # Deallocate space
li $v0, 4 la $a0, bye
syscall li $v0, 10
syscall
#####################################################################################
# Functional Description: Recursive Factorial Fac (N: in, N! :out)
#####################################################################################
Fac:
lw $a0, 0 ($sp)
bltz $a0, Problem
addi $t1, $a0, -13
bgtz $t1, Problem # 13 is largest value we can
# accept
addiu $sp, $sp, -16 # Allocate
sw $ra, 12 ($sp) # Save return address
sw $a0, 8($sp)
slti $t0, $a0, 2 # If N is 1 or 0, then return the value 1
beqz $t0, Go
li $v0, 1
b facret
Go:
addi $a0, $a0, -1 #
sw $a0, 0 ($sp) # Pass N-1 to factorial function
jal Fac # Recursive call
lw $v0, 4($sp) # Get (N-1) ! back.
lw $ra, 12 ($sp)
lw $a0, 8 ($sp)
mult $v0, $a0 # N* (N-1) !
mflo $v0
facret:
addiu $sp, $sp, 16 # Deallocate
sw $v0, 4 ($sp)
jr $ra
Problem:
sw $0, 4 ($sp)
jr $ra
Second give code file:
#####################################################################################
# Functional Description: Main program to test Factorial function # Enter a negative number to terminate run
#####################################################################################
.data
.align 2
.text
main: addiu $sp, $sp, -8 # Allocate space
mloop:
li $v0, 4 # Get value for N
sw $v0, 0 ($sp)
jal Fac # Call factorial
or $v1, $v0, $0
addiu $sp, 8 # Deallocate space
li $v0, 10
syscall
#####################################################################################
# Functional Description: Recursive Factorial Fac (N: in, N! :out)
#####################################################################################
Fac:
lw $a0, 0 ($sp)
addiu $sp, $sp, -16 # Allocate
sw $ra, 12 ($sp) # Save return address
sw $a0, 8($sp)
slti $t0, $a0, 2 # If N is 1 or 0, then return the value 1
eqz $t0, Go
li $v0, 1
b facret
Go:
addi $a0, $a0, -1 #
sw $a0, 0 ($sp) # Pass N-1 to factorial function
jal Fac # Recursive call
lw $v0, 4($sp) # Get (N-1) ! back.
lw $ra, 12 ($sp)
lw $a0, 8 ($sp)
mult $v0, $a0 # N* (N-1) !
mflo $v0
facret:
addiu $sp, $sp, 16 # Deallocate
sw $v0, 4 ($sp)
jr $ra
In: Electrical Engineering
In target marketing, the goal is to target certain customers for promotions. A promotion might consist of mailing a special catalogue to a customer. Firms maintain large databases of information on their customers. One of the most useful variables is frequency of purchases; i.e., how often a customer makes a purchase. A customer is randomly chosen from the record of existing customers and sent a special catalogue. Let N represent a random variable that takes value 1 if a customer makes a new purchase and value 0 if otherwise. Let F be a random variable representing purchase frequency, where F takes on values {1, 2, 3, 4}. - A value of F = 1 indicates that 1 purchase was made within the last year. - A value of F = 2 indicates that 2 - 10 purchases were made within the last year. - A value of F = 3 indicates that 11 - 20 purchases were made within the last year. - A value of F = 4 indicates that more than 20 purchases were made within the last year. The marketing research department has determined that the joint probability distribution of (N,F) is given by the following table: N=0 N=1 F=1 0.08 0.02 F=2 0.36 0.24 F=3 0.10 0.10 F=4 0.02 0.08 a) CalculatePNF(1,2). b) Calculate and interpret pN (1). c) Calculate the marginal distribution of F, PF(f ). d) Calculate the conditional distribution of F given N = 1. e) Calculate the conditional distribution of N given F = 4. f) Calculate the conditional expectation E(N |F = 4). g) Consider the relationship between N and F. Would you expect N and F to be independent? Explain your answer. Based on the joint probability distribution, are N and F independent? Explain your answer. Briefly explain a plausible strategy for targeting customers for promotions, based on the work done in this problem. Use language accessible to someone who has not taken a statistics course and limit your explanation to at most five sentences.
In: Statistics and Probability
A student started a synthesis of alum with 3.4x10^-2 mole aluminum:
2Al (s) + 6h2O (I) + 2KOH (aq)------> 2K[Al(OH)4] (aq) + 3H2 (g) (1)
2K[Al(OH)4] (aq) + H2SO4 (aq) ------> 2Al(OH)3 (s) +2 K2SO4 (aq) + 2H2O (I) (2)
2Al(OH)3 (s) + 3H2SO4 (aq) ---------> Al2(SO4)3 (aq) + 6H2O (3)
Al2(SO4)3 (aq) + K2SO4 (aq) + 24 H2O---------> 2KAl(SO4)2 12H2O (4)
a) What theoretical yield of alum, in gram, would be produced from 3.4x10^-2 mole of aluminum?
b) A student obtained 12.4 g alum from the synthesis. If the theortical yield was 19.6 g, what was the percent yield?
In: Chemistry
On February 1, 2021, Cromley Motor Products issued 7% bonds, dated February 1, with a face amount of $60 million. The bonds mature on January 31, 2025 (4 years). The market yield for bonds of similar risk and maturity was 8%. Interest is paid semiannually on July 31 and January 31. Barnwell Industries acquired $60,000 of the bonds as a long-term investment. The fiscal years of both firms end December 31. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)
Determine the price of the bonds issued on February 1, 2021. (Do not round intermediate calculations. Enter your answer in whole dollars.
|
2.prepare amortization schedules that indicate Cromley’s effective interest expense for each interest period during the term to maturity. (Do not round intermediate calculations. Enter your answers in whole dollars.
|
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3. Prepare amortization schedules that indicate Barnwell’s effective interest revenue for each interest period during the term to maturity. (Do not round intermediate calculations. Enter your answers in whole dollars.
|
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4. Prepare the journal entries to record the issuance of the bonds by Cromley and Barnwell’s investment on February 1, 2021. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations. Enter your answers in whole dollars.)
| No | Date | General Journal | Debit | Credit |
|---|---|---|---|---|
| 1 | February 01, 2021 | Cash | ||
| Discount on bonds payable | ||||
| Bonds payable | ||||
| 2 | February 01, 2021 | Investment in bonds | ||
| Discount on bond investment | ||||
| Cash |
In: Accounting
With the following 10 months of sales data, Determine which of the following models below is the most adequate for your set of data. Use MAD for your decision.
DATA:
Ring Sales:
Month
01 28
02 30
03 16
04 10
05 32
06 20
07 12
08 7
09 10
10 15
1. Moving Average n=2
2. Moving Average n=4
3. Weighted Moving Average (50%, 30%, 20%)
4. Weighted Moving Average (60%, 40%)
5. Exponential Smoothing (α = 35%)
6. Exponential Smoothing (α = 2/(n+1))
Explain your results and analysis.
In: Statistics and Probability