For each exercise, find the equation of the regression line and find the y’ value for the specified x value. Remember that no regression should be done when r is not significant.

27.Class Size and Grades School administrators wondered whether class size and grade achievement (in percent) were related. A random sample of classes revealed the following data.

Find y′ when x = 12.

Answer: R is not significant no regression should be done. Please show work this is a review for an exam coming up. Please do this by hand. Also, specifically show how you find R. Thank you

What means of managing group conflicts, as discussed in Chapter 9(Conflict and Negotiation), are used in the Ford-Mazda partnership? Case Study - A Successful Partnership at Ford-Mazda. Please anwers the question in minimun 200 words.

Case for Analysis:

A Successful Partnership at Ford-Mazda

While international joint ventures among auto manufacturers make great sense, often they don’t make great profits. For example, for many years, auto giant General Motors bailed out loss-plagued Isuzu, in which at one point it owned a 49 percent stake. The list of cross cultural disappointments goes on: Chrysler-Mitsubishi, Daimler-Chrysler, and Fiat-Nissan have all produced as much rancor as rewards.

Ford-Mazda is the exception. Their marriage has weathered disagreements over specific projects, trade disputes between Japan and the United States, and even allegations by the Big Three that Mazda and other Japanese rivals were dumping minivans in the United States. The alliance, founded when Ford stepped in to rescue the struggling Japanese carmaker in 1979, has stood firm for over 30 years. With Ford owning 11 percent of Mazda, the two companies have cooperated on several new vehicles and exchanged valuable expertise—Ford in international marketing and finance, Mazda in manufacturing and product development.

Ford and Mazda have worked jointly on several auto models; usually Ford would do most of the styling and Mazda would make key engineering contributions. Jointly worked cars include the Ford Escort and Mercury Tracer models, the subcompact Festiva, the sporty Ford Probe and Mercury Capri, and the Tribute and Explorer SUVs. The Ford-aided Mazdas are the MX-6, 323, Protégé, and Navajo. In all, approximately one of every four Ford cars sold in the United States has benefitted from some degree of Mazda involvement everything from manufacturing methods to steering designs whereas two of every five Mazdas has some Ford influence. The Ford-Mazda relationship extends beyond U.S. borders. In 2010, a joint venture between Ford and Mazda in Thailand began producing passenger cars export to several Asian countries. Ford and Mazda can call on some hard-learned principles for managing a successful strategic alliance, many of which would apply to ties in any industry. The secrets to the Ford-Mazda success are

Keep top management involved. The boss must set a tone for the relationship. Otherwise, middle managers will resist ceding partial control of a project to a partner.

Meet often, and often informally. Meetings should be at all levels and should include time for socializing. Trust can’t be built solely around a boardroom table.

Use a matchmaker. A third party can mediate disputes, suggest new ways of approaching the partner, and offer an independent sounding board.

Maintain your independence. Independence helps both parties hone the areas of expertise that made them desirable partners in the first place.

Allow no “sacrifice deals.” Every project must be viable for each partner. Senior management must see that an overall balance is maintained.

Appoint a monitor. Someone must take primary responsibility for monitoring all aspects of the alliance.

Anticipate cultural differences. Differences may be corporate or national. Stay flexible and try to place culturally sensitive executives in key posts.

Underlying these principles is the idea that benign neglect is no basis for a partnership. Or, as Ford president Phillip E. Benton Jr. stated, “There’s a lot of hard work in making it work.”

Welsh Meds Plc is a small but rapidly growing biotechnology company in Cardiff with annual revenues of £115 million. Last year’s net income was £6.38 million. Founded in 2002 by Carwyn Thomas and Geraint Jones with the support of a venture capitalist, the firm’s success has been remarkable. After a three year development phase, the company’s breakthrough was brought about by a drug called Enzyme Shield that was designed to treat immune system deficiencies (ISD). To fund the substantial increase in production capacity, which the owners decided should remain in-house, Carwyn and Geraint took Welsh Meds public, thereby taking advantage of the favorable stock market conditions of 2006. By issuing 2.8 million shares at £19, £53.2 million of equity were raised. Two years ago, Welsh Meds made its first annual dividend payment of £0.40 which increased by 15% last year. Ten months ago, the company received the Drug Administration Authority’s approval the mass market Enzyme Shield Light, a derivative of its first drug was specifically targets ISD in younger children. As a result, last quarter company earnings are up 37%, compared to the previous quarter. Carwyn and Geraint are very optimistic about Welsh Meds’ future and wonder if it is time to reward its shareholders with either a special one-time dividend of £2.50 or an increase of the annual dividend by £1.00. William Stewart, the company’s CFO, however, suggests using half of the accumulated cash of £12 million to initiate a buy back. In addition, Mr. Stewart would like to reduce the company’s debt by 4 million, thereby maintaining a cash reserve of only £2 million. Recovering from the global financial crisis when shares of Welsh Med fell by more than half, its current share price £17.38 is still, down 32% from its peak £25.55 of summer 2007. However, Carwyn and Geraint are very optimistic that the economic recovery will continue and that their company’s share price will reach new highs within the next 2–3 years. QUESTIONS 1. Do you think it was prudent to initiate annual dividend payments only 3 years after the IPO?

2. If a special one-time dividend was paid, how would it likely affect Welsh Meds’ share price?

3. Would the share price reaction be different if the annual dividend was raised by £1.00 instead?

4. What is the current dividend payout ratio and how would it change if the annual dividend was raised by £1.00?

5. Based on the current share price of £17.63, determine the company’s implied cost of capital according to the dividend discount model (DDM).

6. What do you think about the owner’s optimistic view that the share price will reach new highs in 2–3 years? Is a share price of £25.55 or higher realistic under the current dividend growth rate assumption?

7. Is the commonly used DDM that assumes a constant and perpetual growth rate applicable to Welsh Meds? Explain

8. How would the suggested debt reduction affect the company’s P/E ratio, return on assets, and return on equity?

9. How would the suggested share repurchase affect the company’s P/E ratio, return on assets, and return on equity?

10. Would you regard a £2 million cash reserve as sufficient for Welsh Meds? Explain.

Welsh Meds Plc Mini Case

Welsh Meds Plc is a small but rapidly growing biotechnology company in Cardiff with annual revenues of £115 million. Last year’s net income was £6.38 million. Founded in 2002 by Carwyn Thomas and Geraint Jones with the support of a venture capitalist, the firm’s success has been remarkable. After a three year development phase, thecompany’s breakthrough was brought about by a drug called Enzyme Shield that was designed to treat immune system deficiencies (ISD). To fund the substantial increase in production capacity, which the owners decided should remain in-house, Carwyn and Geraint took Welsh Meds public, thereby taking advantage of the favorable stock market conditions of 2006. By issuing 2.8 million shares at £19, £53.2 million of equity were raised. Two years ago, Welsh Meds made its first annual dividend payment of £0.40 which increased by 15% last year. Ten months ago, the company received the Drug Administration Authority’s approval the mass market Enzyme Shield Light, a derivative of its first drug was specifically targets ISD in younger children. As a result, last quarter company earnings are up 37%, compared to the previous quarter. Carwyn and Geraint are very optimistic about Welsh Meds’ future and wonder if it is time to reward its shareholders with either a special one-time dividend of £2.50 or an increase of the annual dividend by £1.00. William Stewart, the company’s CFO, however, suggests using half of the accumulated cash of £12 million to initiate a buy back. In addition, Mr. Stewart would like to reduce the company’s debt by 4 million, thereby maintaining a cash reserve of only £2 million. Recovering from the global financial crisis when shares of Welsh Med fell by more than half, its current share price £17.38 is still, down 32% from its peak £25.55 of summer 2007. However, Carwyn and Geraint are very optimistic that the economic recovery will continue and that their company’s share price will reach new highs within the next 2–3 years.

QUESTIONS

1. Do you think it was prudent to initiate annual dividend payments only 3 years after the IPO?

2. If a special one-time dividend was paid, how would it likely affect Welsh Meds’ share price?

3. Would the share price reaction be different if the annual dividend was raised by £1.00 instead?

4. What is the current dividend payout ratio and how would it change if the annual dividend was raised by £1.00?

5. Based on the current share price of £17.63, determine the company’s implied cost of capital according to the dividend discount model (DDM).

6. What do you think about the owner’s optimistic view that the share price will reach new highs in 2–3 years? Is a share price of £25.55 or higher realistic under the current dividend growth rate assumption?

7. Is the commonly used DDM that assumes a constant and perpetual growth rate applicable to Welsh Meds? Explain.

8. How would the suggested debt reduction affect the company’s P/E ratio, return on assets, and return on equity?

9. How would the suggested share repurchase affect the company’s P/E ratio, return on assets, and return on equity?

10. Would you regard a £2 million cash reserve as sufficient for Welsh Meds? Explain.

1. Newport Industries is one of the first producers of a unique consumer product. The company has chosen a low-price strategy, hoping this will enable them to quickly attract many customers while discouraging potential competitors from entering the market. Newport's approach to pricing is a classic example of the skimming strategy.

   True

   False

2. The ability to integrate computers into the design and manufacture of products has had the greatest impact on production techniques in recent years.

   True

   False

3. In the evaluation of the promotion, it's best to establish a promotional strategy that can reach multiple targets rather than developing a separate promotion mix for each target group.

   True

   False

4. Bright Electronics has found it needs to reorganize, including a significant trim of its middle management. This action will likely result in

   		acquiring additional firms.
   		flattening the organization and empowering employees, allowing them to get closer to the customer.
   		increasing the size of its traditional departments to handle 24/7 operations.
   		centralizing its decision making to better control its total quality management program.

5. Empowerment means:

   		giving employees the authority to make decisions.
   		making certain that employees always defer to management when making decisions.
   		hiring employees that do not require training due to the costly nature of this activity.
   		asking employees to write the policies which govern their jobs.

6. School Days Centers specialize in helping students with difficulties. With locations around the country, each center consists of a manager and several tutor and counselors. The counselors and tutor have a great deal of flexibility to design programs specifically for individual students. In fact, these first-line employees are considered to be the key people in the organization, and the manager's main function is to assist these employees in matters such as scheduling and securing necessary materials. This type of arrangement suggests that School Days is an inverted organization.

   True

   False

Is college worth it? Part I: Among a simple random sample of 331 American adults who do not have a four-year college degree and are not currently enrolled in school, 48% said they decided not to go to college because they could not afford school.

(a) A newspaper article states that only a minority of the Americans who decide not to go to college do so because they cannot afford it and uses the point estimate from this survey as evidence. Conduct a hypothesis test to determine if these data provide strong evidence supporting this statement. The hypotheses for this test are:

A. Ho: p = .5 Ha: p < .5

B. Ho: p = .5 Ha: p ≠ .5

C. Ho: p = .5 Ha: p > .5

The test statistic is: (_____) The p-value associated with this hypothesis test is: (_____) What is the conclusion of the hypothesis test?

A. Since p ≥ α we accept the null hypothesis

B. Since p<α we reject the null hypothesis and accept the alternative

C. Since p ≥ α we do not have enough evidence to reject the null hypothesis

D. Since p<α we fail to reject the null hypothesis

E. Since p ≥ α we reject the null hypothesis and accept the alternative

Interpret the result of the test in the context of this study and article:

A. The data do not provide sufficient evidence to claim that only a minority of Americans who choose not to go to college do so because they cannot afford it

B. The data provide sufficient evidence to claim that only a minority of Americans who choose not to go to college do so because they cannot afford it

(b) Would you expect a confidence interval for the proportion of American adults who decide not to go to college because they cannot afford it to include 0.5?

A. yes

B. no

Many people are worried about what television has done to the generation of African children you have grown up watching it According to kwafo (2017 Study tend To show that Tv stifle Creative imagination similarly Marco (2019) adds That television has taking away the children’s ability to form mental picture in his or her mind resulting in children who cannot understand a simple story without visual illustrations secondly, Mba (2019) Argues that too much television to early tend to cause children to withdraw from real life experiences. The results of this as pointed out by nimo ( 2018) Is that they grow up to be passive spectators who can only respond actions but not initiate it the third area for concern is the serious frequent complaints made by elementary school teachers that’s children Exhibit a low tolerance For the frustration of learning this is because they have been conditioned to see all problems solved in 30 or 60 minutes on Tv They are quickly discourage by any activities that’s promises less than instant gratification . Finally, perhaps The most serious results is the impact of television violence on children who have come to regard it as an every day thing not only does this increase their tolerance Of violent Behavior in others , but the woman and juvenile unit ( WAJU ) now concedes that Under certain conditions some children will imitate anti-social acts that they witness on tv

1. Summarize in not more than 15 ways the 4 negative impact on children

2. In less than 5 words summarize the concern of WAJU on the intolerance nature of children

3. What is the impact of television on children as they become inexperienced in life .Write your answer

4. Paragraph macro’s View on the impact of television on children

5. Paragraph the frequent complaints of elementary school teachers about the impact of television

Using what you have learned in Assignment#1, you are going to further develop your own fast casual restaurant brand in Burnaby, B.C that will target a particular segment or segments of the fast casual restaurant market in Burnaby, B.C. This means that you will need to think of who your target consumer is. In this part of the assignment we are going to focus on the personality of a brand, i.e., the brand persona. When we are developing our brand’s personality we base it on the description of an idealized or typical consumer in our target market. To help you get started in developing a clearer image of your brand and its personality, begin by filling in the blanks for the below statements. Once you have done this, write a one-paragraph description of your brand’s personality/ brand persona. Then, construct a small poster that illustrates your brand’s personality/brand persona and incorporates key points of your paragraph. Include your paragraph and poster as attachments to this assignment, labeling them clearly and carefully.

My brand persona’s name is ______.

My brand persona’s gender is ________(female, male, other).

My brand persona’s age is ________ and is a member of the _________ (Millennial, Generation X, etc.) generational group.

The highest level of education attained by my brand persona is _______(high school, etc.).

My brand persona’s current occupation is ______ (student, teacher, etc.).

My brand persona’s goal/dream occupation is ______ (school administrator, etc.).

My brand persona’s martial status is ______(single, divorced, etc.).

My brand persona has ____ children.

My brand persona is ______(not very sensitive, sensitive or very sensitive) to price changes when making purchases.

My brand persona values ________ (environmental sustainability, international trade, etc.) very highly and wants it to be part of her/his career.

.

My brand persona’s interests are ________ (reading, cycling, etc.).

College students were randomly sorted into one of two groups. Members of each group performed a series of mental tasks while music was playing in the background. One group listened to pop music and the other to country music. It is hypothesized that music will effect the number of tasks completed. What can be concluded with an α of 0.10? The results are below:

b)
Condition 1: (choose one)
1) pop music 2) school 3) country music 4) mental task 5)music
Condition 2:
1) pop music 2) school 3) country music 4) mental task 5)music

c) Obtain/compute the appropriate values to make a decision about H₀.
(Hint: Make sure to write down the null and alternative hypotheses to help solve the problem.)
critical value =____________ ; test statistic = ________________
Decision:  ---Select--- Reject H0 Fail to reject H0

d) If appropriate, compute the CI. If not appropriate, input "na" for both spaces below.
[ ________, ___________ ]

e) Compute the corresponding effect size(s) and indicate magnitude(s).
If not appropriate, input and/or select "na" below.
d = _____________ ;  (choose one) 1) na 2) trivial effect 3) small effect 4) medium effect 5) large effect
r² = ____________ ;  (choose one) 1) na 2) trivial effect 3) small effect 4) medium effect 5) large effect

f) Make an interpretation based on the results.

1) Students that listened to pop music significantly completed more tasks.

2) Students that listened to country music significantly completed more tasks.    

3) Music had no significant effect on the number of tasks completed.