Analyze the benefits and consequences of affirmative action. What are the goals of affirmative action? In what areas of public policy have affirmative action policies been most commonly used? Describe at least two prominent Supreme Court decisions associated with affirmative action.
In: Economics
In clinical psychology, Explain the three levels of prevention clearly (tertiary prevention (indicated prevention intervention), secondary prevention (selective mental health prevention) and primary prevention (universal mental health prevention). ) Discuss especially their 'aims' / 'goals' and give examples to each of them.
please it should be 350-450 words.
In: Psychology
Select the most efficient member for the following LRFD required moments and unsupported lengths. Assume Cb = 1.0.
|
Mr |
Lb |
|
630 kip-ft |
30 ft |
|
160 kip-ft |
10 ft |
|
350 kip-ft |
16 ft |
|
400 kip-ft |
8 ft |
In: Civil Engineering
A quick answer is appreciated. Thank you!
The Condé Nast Traveler Gold List provides ratings for the top 20 small cruise ships. The data shown below are the scores each ship received based upon the results from Condé Nast Traveler's Annual Readers' Choice Survey. Each score represents the percentage of respondents who rated a ship as excellent or very good on several criteria, including Shore Excursions and Food/Dining. An overall score was also reported and used to rank the ships. The highest ranked ship, the Seabourn Odyssey, has an overall score of 94.4, the highest component of which is 97.8 for Food/Dining.
| Ship | Overall | Shore Excursions |
Food/Dining |
|---|---|---|---|
| Seabourn Odyssey | 94.4 | 90.9 | 97.8 |
| Seabourn Pride | 93.0 | 84.2 | 96.7 |
| National Geographic Endeavor | 92.9 | 100.0 | 88.5 |
| Seabourn Sojourn | 91.3 | 94.8 | 97.1 |
| Paul Gauguin | 90.5 | 87.9 | 91.2 |
| Seabourn Legend | 90.3 | 82.1 | 98.8 |
| Seabourn Spirit | 90.2 | 86.3 | 92.0 |
| Silver Explorer | 89.9 | 92.6 | 88.9 |
| Silver Spirit | 89.4 | 85.9 | 90.8 |
| Seven Seas Navigator | 89.2 | 83.3 | 90.5 |
| Silver Whisperer | 89.2 | 82.0 | 88.6 |
| National Geographic Explorer | 89.1 | 93.1 | 89.7 |
| Silver Cloud | 88.7 | 78.3 | 91.3 |
| Celebrity Xpedition | 87.2 | 91.7 | 73.6 |
| Silver Shadow | 87.2 | 75.0 | 89.7 |
| Silver Wind | 86.6 | 78.1 | 91.6 |
| SeaDream II | 86.2 | 77.4 | 90.9 |
| Wind Star | 86.1 | 76.5 | 91.5 |
| Wind Surf | 86.1 | 72.3 | 89.3 |
| Wind Spirit | 85.2 | 77.4 | 91.9 |
(a)
Determine an estimated regression equation that can be used to predict the overall score given the score for Shore Excursions. (Round your numerical values to two decimal places. Let x1 represent the Shore Excursions score and y represent the overall score.)
ŷ = __________
(b)
Consider the addition of the independent variable Food/Dining. Develop the estimated regression equation that can be used to predict the overall score given the scores for Shore Excursions and Food/Dining. (Round your numerical values to two decimal places. Let x1 represent the Shore Excursions score, x2 represent the Food/Dining score, and y represent the overall score.)
ŷ = ________
(c)
Predict the overall score for a cruise ship with a Shore Excursions score of 80 and a Food/Dining Score of 91. (Round your answer to one decimal place.)
_________
In: Statistics and Probability
1. Packaging Solutions Corporation manufactures and sells a wide variety of packaging products. Performance reports are prepared monthly for each department. The planning budget and flexible budget for the Production Department are based on the following formulas, where q is the number of labor-hours worked in a month:
|
Cost Formulas |
|
|
Direct labor |
$16.60q |
|
Indirect labor |
$4,300 + $1.50q |
|
Utilities |
$5,200 + $0.30q |
|
Supplies |
$1,400 + $0.30q |
|
Equipment depreciation |
$18,700 + $2.60q |
|
Factory rent |
$8,100 |
|
Property taxes |
$2,500 |
|
Factory administration |
$13,800 + $0.90q |
The Production Department planned to work 4,200 labor-hours in March; however, it actually worked 4,000 labor-hours during the month. Its actual costs incurred in March are listed below:
|
Actual Cost Incurred in March |
|||
|
Direct labor |
$ |
68,040 |
|
|
Indirect labor |
$ |
9,780 |
|
|
Utilities |
$ |
6,850 |
|
|
Supplies |
$ |
2,870 |
|
|
Equipment depreciation |
$ |
29,100 |
|
|
Factory rent |
$ |
8,500 |
|
|
Property taxes |
$ |
2,500 |
|
|
Factory administration |
$ |
16,810 |
|
Required:
1. Prepare the Production Department’s planning budget for the month.
2. Prepare the Production Department’s flexible budget for the month.
3. Prepare the Production Department’s flexible budget performance report for March, including both the spending and activity variances.
2. Ray Company provided the following excerpts from its Production Department’s flexible budget performance report. (Round "rate per hour" answers to 2 decimal places. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)
3. Alyeski Tours operates day tours of coastal glaciers in Alaska on its tour boat the Blue Glacier. Management has identified two cost drivers—the number of cruises and the number of passengers—that it uses in its budgeting and performance reports. The company publishes a schedule of day cruises that it may supplement with special sailings if there is sufficient demand. Up to 86 passengers can be accommodated on the tour boat. Data concerning the company’s cost formulas appear below:
|
Fixed Cost per Month |
Cost per Cruise |
Cost per Passenger |
|||||||
|
Vessel operating costs |
$ |
6,700 |
$ |
478.00 |
$ |
3.40 |
|||
|
Advertising |
$ |
2,700 |
|||||||
|
Administrative costs |
$ |
5,500 |
$ |
35.00 |
$ |
1.50 |
|||
|
Insurance |
$ |
3,100 |
|||||||
For example, vessel operating costs should be $6,700 per month plus $478.00 per cruise plus $3.40 per passenger. The company’s sales should average $29.00 per passenger. In July, the company provided 57 cruises for a total of 3,100 passengers.
Required:
Prepare the company’s flexible budget for July.
In: Accounting
In: Economics
In: Economics
Economist and Nobel Laureate Joseph E. Stiglitz argues that the IMF has failed its mission to secure global economic stability. He identifies the reasons for this failure with changes in the IMF’s mission and economic policies. In his role as Senior Vice President and Chief Economist at the World Bank in the late 1990s, Stiglitz was privy to the policies and failures of the IMF. In his book, Globalization and Its Discontents, Stiglitz lays out an argument for why the IMF has failed in its mission to ensure global economic stability. Stiglitz argues that the IMF’s policies not only do not work, but often make matters worse for the countries in crisis. He highlights several problematic policies:
Capital market liberalization. The IMF pressures countries that petition for IMF loans to open their markets to outside investment capital. Rather than help matters, this approach often makes matters worse as it destabilizes the economy of the country as well as the global economy. Investors may invest huge sums in a country only to pull those investments at a moment’s notice, causing acute economic crises.
Latin America as the template. Stiglitz says that many of the the ideas of the “Washington Consensus” were based on the experience with Latin America. The economic growth in these countries had not been sustained, governments had let budgets run out of control, and loose monetary policy had led to rampant inflation. The belief of the Washington Consensus was that this had happened as a result of excessive government intervention in the economy. So, if government intervention was the problem, then government intervention should be limited. The Washington Consensus pushed for policies such as capital market liberalization. Stiglitz notes that even if this approach was appropriate for some Latin American countries, it did not make sense to apply this policy blindly to other countries in very different situations where this kind of policy might make matters much worse.
Insensitivity to strength of local markets. Stiglitz says that the IMF policy forcing rapid trade liberalization has not only not worked, but does not follow lessons learned from history. He notes the cases of the U.S. and Japan. Both countries had trade protection policies in place until their industries were strong enough to compete in a global market. However, IMF policies forcing trade liberalization on a developing country where industries are not strong enough can actually cause more harm. Local industries could not compete, and rising interest rates made job creation virtually impossible. Says Stiglitz, “Liberalization has, thus, too often, not been followed by the promised growth, but my increased misery.”
Taxation without Representation. Stiglitz notes that even though the IMF is a public institution, funded by money from taxpayers around the world, it is not held accountable to the interests of these taxpayers. He identifies the problem of governance as one of the prime “underlying factors” for problems with the IMF. (Center on Law & Globalization)
Related articles about IMF/Work Bank/Globalization by Joseph Stiglitz
Main Post
Identify a criticism made by Joseph Stiglitz in regards to the IMF, World Bank, or globalization. In your response, provide the following:
Summarize Stiglitz's criticism
In: Economics
1. A null and alternative hypothesis is given. determine whether the hypothesis test is left tailed, right-tailed, or two-tailed. Ho: u=37, H1: u>37
2. True or False. The t value for the area in the right tail is 0.02 and n=10 is 2.359
3. write the null and alternative hypothesis. according to a magazine, the mean donation per household in 1998 was $1623. a researcher claims that it has increased since then.
4.the following data are prices for a 4 GB flash memory card at different stores. 12.25, 14.99, 13.49, 16.38, 13.63, 14.95, 14.75, 20.88, 14.21, 20.38. construct a 99% confidence interval to estimate the mean price of a $ GB memory card. use t table
4.
In: Statistics and Probability
A firm has decided through regression analysis that its sales (S) are a function of the amount of advertising (measured in units) in two different media, television (x) and magazines (y): S (x, y) = 100 – x2 + 30x – y2 + 40y (a) Find the level of TV and magazine advertising units that maximizes the firm's sales. (b) Suppose that the advertising budget is restricted to 31 units. Determine the level of advertising (in units) that maximizes sales subject to this budget constraint. (c) Give an economic interpretation for the value of the Lagrangian Multiplier obtained in part (b) above. (d) The marketing department of the firm is lobbying to have the advertising budget increased to 40. Do you agree with the marketing department? If not, what advertising budget would you recommend and why?
In: Economics