A research assistant working for a large company wanted to investigate attitudes towards a proposed management buy-out. Thus she asked a random sample of the company’s workforce whether or not they were in favour of the buy out. The research assistant was particularly interested in finding out whether the workers’ views on the buy out were related to the classification of their job (manual or non-manual).

Altogether 120 workers were interviewed by her, of these 70 were manual workers and 50 were non-manual workers. Of the manual workers 30 were in favour of the buy out, whereas 25 of the non-manual workers were in favour.

1. Draw up a 2x2 table showing this information and carry out a test of association to see if job classification affects attitude to the proposed management buy-out.

William Company acquires 70 per cent of Bill Company for a cash price of $10,000,000 when the share capital and reserves of Bill Company are:

Share capital                        $8,000,000

Retained earnings               $2,000,000

TOTAL                                   $10,000,000

1. What amount will be shown in the consolidated statement of financial position for goodwill pursuant to AASB 3 assuming that any non-controlling interest in the acquirer is measured at fair value?

[Type Answer Here]

2. What amount will be shown in the consolidated statement of financial position for goodwill pursuant to AASB 3, assuming that any non-controlling interest in the acquirer is measured at the non-controlling interest’s proportionate share of the acquiree’s identifiable net assets?

[Type Answer Here]

3. What are some of the implications of allowing the group to have two options in accounting for goodwill on consolidation?

[Type Answer Here]

For each situation, perform a hypothesis test for the population mean. Be sure to show the null hypothesis H0, the alternative hypothesis H1, the P-level you get from TTest, the result of the test (i.e. reject / do not reject H0) and the conclusion (interpret the result in English).

A Jedi sage would like proof that Jedi trainees have a higher level of midichlorians than non-Jedis. Non-Jedis have a mean midichlorian level of 2500. A random sample of 25 Jedi trainees have a sample mean midichlorian level of 2875, with a sample standard deviation of 1050. Is this adequate evidence at the α = 0.05 level of certainty that Jedi trainees have higher midichlorian levels than non-Jedis?

H0:

H1:

P-level:

Result:

Conclusion:

The main objectives of this discussion topic are the following:

To provide clear definition for Pure Competitive Markets or Perfectly Competitive Markets

To provide a clear set of characteristics of Purely Competitive Markets

To assess the theoretical and policy relevance of Purely Competitive markets to the real world (in other words evaluate why Purely Competitive Markets are still being taught in Principles of Microeconomics),

To provide clear definition for Non-Competitive Markets or Imperfectly Competitive Markets (example, Monopoly, Monopolistic, Oligopoly, Bilateral Monopoly etc)

To provide a clear set of characteristics of Non-Competitive or Imperfectly Markets

Also critically assess the theoretical and policy relevance of the different types of non-competitive markets in the real world

To comment on the Economics of Labor Markets -Are there purely competitive labor markets, Bilateral Monopoly labor markets, Monopolist labor markets etc?

My physics class did an online lab thing where a charged plastic rod is brought near a magnetic and non-magnetic conduction rod about the same size. Both ends of the magnet and the non-magnetic rod were attracted to the charged rod. I am a little confused and what forces/ different forces are causing this

Question: If the charged rod is attracted to the magnetic and the non-magnetic rod in the same way, can you conclude that there are any special interactions or forces between either of the magnetic poles and the rod?

Question: Is the interaction between magnets a different phenomenon from the electrostatic interaction of charges? Cite evidence for your answer (use question 2 to help). Keep in mind we are talking about electrostatics i.e. the charges are not moving, NOT electrodynamics where charges are in motion.

Two computers have 7-stage fetch-execute cycles where branches are determined in stage 4. One computer is not pipelined, and the other is pipelined. Assuming that tp = 1, answer the following questions when running a program with 50,000 instructions where 1,000 of the instructions are conditional branches and each branch, if taken, skips over 10 instructions.a.How much faster is the pipelined machine over the non-pipelined machine assuming that no branches are taken.b.How much faster is the pipelined machine over the non-pipelined machine assuming that all branches are taken.c.Bonus question: How many branches would the program have to have assuming every branch is taken (and every branch skips over 10 instructions) for the non-pipelined machine to execute the program in the same time as the pipelined machine?

2. For each of the following goods, state whether it is excludable or nonexcludable.

a. cable TV service

b. free public wifi

c. the local public library

d. a ride in an Uber, Lyft, or taxi

3. For each of the following goods, state whether it is rival or non-rival.

a. a large public park

b. a freeway that requires toll payments

c. a freeway that does not require toll payments

d. a fresh avocado from the supermarket

4.  NOTE: read carefully on page 310 in your textbook before responding.

a. Suppose you buy a new pair of headphones. Is your purchase rival or non-rival? Is it excludable or nonexcludable? Briefly explain why.

b. Suppose that by living in the United States, you benefit from strategic reserves of petroleum held by the U.S. government (Links to an external site.). Is your benefit rival or non-rival? Is it excludable or nonexcludable? Briefly explain why.

5. A postage stamp is something offered by the federal government in the United States. Think about a postage stamp in the context of rival/non-rival and excludable/nonexcludable. With that in mind, is a postage stamp classified as a "private good" or "public good" in the United States?

Currently, among the 20 individuals of a population, 2 have a certain infection that spreads as follows: Contacts between two members of the population occur in accordance with a Poisson process having rate ?. When a contact occurs, it is equally likely to involve any of the possible pairs of individuals in the population. If a contact involves an infected and a non-infected individual, then, with probability p the non-infected individual becomes infected. Once infected, an individual remains infected throughout. Let ?(?) denote the number of infected members of the population at time t. Considering the current time as t = 0, we want to model this process as a continuous-time Markov chain.

(a) What is the state space of this process?

(b) What is the probability that an infected person contacts a non-infected person?

(c) What is the rate at which an infected person contacts a non-infected person (we denoted this type of contact by I-N contact) when there are X infected people in the population?

(d) Is the inter-contact time between two I-N contacts exponentially distributed? Why?

(e) Compute the expected time until all members of the considered population are infected.

The below is for a hypothetical study demonstrating the application of the concepts for superiority and non-inferiority testing.

A study investigated a new agent for the treatment of arthritis. Participants were randomized to receive either the current widely used (and effective) treatment or to the new experimental treatment. After 3 weeks they recorded if, based on a clinical assessment, there were improvements in symptoms (recorded as yes/no). Because of the potential large impact of age the investigators used a multiple regression model to test for differences adjusting for age. (Technically since the outcome is binary they used what is called a logistic regression model, but the analytic approach is the same.) Investigators want to test if the new treatment is non-inferior to the current treatment. Treatment is coded as 0=usual treatment and 1=new treatment so that a positive coefficient represents greater improvement with the new treatment. The study was done on a large sample and you may use the normal distribution for testing coefficients. Prior to testing the investigators selected (+/-) 0.40 for the non-inferiority parameter (delta).

A. Based on the above table, what is the 95% confidence interval for the coefficient for the treatment effect (beta1)?

B. Is the p-value for testing the superiority of the new treatment greater than or less than 0.05?

C. What can you conclude from the above analyses concerning the superiority of the new treatment?

D. Using the above non-inferiority parameter, what can the investigators conclude about the non-inferiority of the new treatment? Justify your response.