Hypothesis testing is used in business to test assumptions and theories. These assumptions are tested against evidence provided by actual, observed data. A statistical hypothesis is a statement about the value of a population parameter that we are interested in. Hypothesis testing is a process followed to arrive at a decision between 2 competing, mutually exclusive, collective exhaustive statements about the parameter’s value.

Consider the following scenario: An industrial seller of grass seeds packages its product in 50-pound bags. A customer has recently filed a complained alleging that the bags are underfilled. A production manager randomly samples a batch and measures the following weights:

Weight, (lbs)

45.6     49.5

47.7     46.7

47.6     48.8

50.5     48.6

50.2     51.5

46.9     50.2

47.8     49.9

49.3     49.8

53.1     49.3

49.5     50.1

To determine whether the bags are indeed being underfilled by the machinery, the manager must conduct a test of mean with a significance level α = 0.05.

In a minimum of 175 words, respond to the following:

• State appropriate null (Ho) and alternative (H1) hypotheses.
• What is the critical value if we work with a significant level α = 0.05?
• What is the decision rule?
• Calculate the test statistic.
• Are the bags indeed being underfilled?
• Should machinery be recalibrated?

Many governments in the world signed and ratified the Kyoto Accord’s limitations on emissions of greenhouse gases toretard the depletion of ozone in the atmosphere—a collective good (e.g., less ozone depletion). The United States [under the second Bush’s administration] has refused to accept and ratify the accord. President Trump said he would not recognize the United States’ obligation with the Paris agreement, the first international treaty to mitigate global warming.

Q. 2a) Why does this refusal by the hegemonic power and by far the leading producer of greenhouse gas emissions (Let’s assume that this is the United States) hurt other countries? [Hint: Think about the relationship between “the creation of negative externalities” and “involuntary consumption”]

Q. 2b) How will other governments react if we assume a Tit-for-Tat strategy is necessary to induce international cooperation?

Q. 2c) How would you advise the members of an international environmental organization to obtain U.S. cooperation through its appeal to U.S. constituents? [Hint: Policy decision-makers are fully aware of how they can achieve a better outcome through reciprocal cooperation, but their policy choices are constrained by their domestic constituency interests, often leading to their decisions to be suboptimal]

Hypothesis testing is used in business to test assumptions and theories. These assumptions are tested against evidence provided by actual, observed data. A statistical hypothesis is a statement about the value of a population parameter that we are interested in. Hypothesis testing is a process followed to arrive at a decision between 2 competing, mutually exclusive, collective exhaustive statements about the parameter’s value.

Consider the following scenario: An industrial seller of grass seeds packages its product in 50-pound bags. A customer has recently filed a complained alleging that the bags are underfilled. A production manager randomly samples a batch and measures the following weights:

Weight, (lbs)

45.6     49.5

47.7     46.7

47.6     48.8

50.5     48.6

50.2     51.5

46.9     50.2

47.8     49.9

49.3     49.8

53.1     49.3

49.5     50.1

To determine whether the bags are indeed being underfilled by the machinery, the manager must conduct a test of mean with a significance level α = 0.05.

In a minimum of 175 words, respond to the following:

• State appropriate null (Ho) and alternative (H1) hypotheses.
• What is the critical value if we work with a significant level α = 0.05?
• What is the decision rule?
• Calculate the test statistic.
• Are the bags indeed being underfilled?
• Should machinery be recalibrated?

Protrade Corporation acquired 80 percent of the outstanding voting stock of Seacraft Company on January 1, 2017, for $408,000 in cash and other consideration. At the acquisition date, Protrade assessed Seacraft's identifiable assets and liabilities at a collective net fair value of $535,000 and the fair value of the 20 percent noncontrolling interest was $102,000. No excess fair value over book value amortization accompanied the acquisition.

The following selected account balances are from the individual financial records of these two companies as of December 31, 2018:

Protrade sells Seacraft a building on January 1, 2017, for $82,000, although its book value was only $51,000 on this date. The building had a five-year remaining life and was to be depreciated using the straight-line method with no salvage value.
Determine balances for the following items that would appear on consolidated financial statements for 2018:

Buildings (net)

Operating expenses

Net income attributable to non-controlling interest

Question 5

What is the name for the process of getting things done effectively and efficiently through and with other people?

leadership

supervision

effectiveness

management

Question 6 Management competencies include all of the following except?

interpersonal

technical

perceptual

conceptual

Question 7 The ability to influence others to act in a particular way through direction, encouragement, sensitivity, consideration, and support is called?

management

leadership

emotional labor

the Peter Approach

Question 8 What do employers seek when they are looking for "groupings" of collective skills and knowledge?

top talent known as "superstars"

management competencies

hospitality-specific categorical classifications

none of the above is correct

Question 9

Some traits of successful individuals in our industry, as mentioned by Aimee Mangold of KOLTER Hospitality included: drive, intelligence, self-confidence, the desire to influence others, relevant knowledge, and honesty/moral character. Unfortunately, these same traits do not apply to other fields outside of the hospitality and tourism industry to any great extent.

True

False

Question 10

The flow of information and ideas from one person to another involving a sender, method of transmitting the idea or content, and receiver is best known as interpersonal ability.

True

False

An insurance company charges an annual premium of $75 for a $200,000 insurance policy against a house burning down. If the (empirical) probability that a house burns down in a given year is .0003, what is the expected value of the policy to the insurance company?

1. How does an enzyme, such as amylase, break down polysaccharides?

2. How does this compare to your mechanism by which saccharides break down in the stomach? Explain.

A typed answer would be best! thanks so much!

A child with Down Syndrome is born to a normal couple who have no prior history of the disease. Illustrate with a diagram how it would occur during gametogenesis. What factors would influence the birth defects of an individual with Down Syndrome?

A child with Down Syndrome is born to a normal couple who have no prior history of the disease. Illustrate with a diagram how it would occur during gametogenesis. What factors would influence the birth defects of an individual with Down Syndrome?

Which method ignores the fact that some service departments provide service to other service departments?

Select one answer.

Check All That Apply

• Direct method Direct method

• Step down method Step down