Questions
1. On a job interview you ask the employer what would the starting salary be. The...

1. On a job interview you ask the employer what would the starting salary be. The interviewer says, "the average starting salary in my company will be $80,000."

You accept the job and find out your starting salary will be $30,000.

You and 6 co-workers have a starting salary of $30,000 while the CEO's son has a starting salary of $430,000! The average (mean) is $80,000.

You think this is a misuse of statistics because the employer should have used

a).a sample instead of the entire population (suspect samples)

b).a different average like the median (ambiguous average)

c). a lie detector

2.  

The mean of the grades: 100, 90, 100, 70, and 100.

is 92.

True or False

3. Match the key terms with their definitions.

a)the certainty that the observations in our sample group are accurate measures of the characteristics we set out to measure

b)a sample drawn from a population such that each and every member of the population has an equal chance of being included in the sample. Also, every sample of the same size has an equal chance of being selected.

c)being sure that our methods and presence in no way jeopardize our ability to use the random sample as a true representative of the population

d) another term for consistency

e) a convenient method of organizing raw data into a table, using classes

f) a way to display the distribution when we want to emphasize the categories' relation to the whole

1. Pie chart 2. Frequency Distribution 3. Reliability 4. External Validity 5. Internal Validity 6. Random Sample

In: Math

Interview a leader of your choice and ask these four questions: 1. What are the most...

Interview a leader of your choice and ask these four questions:

1. What are the most important qualities an effective leader should have?

2. What are the qualities you want most in an employee? Why?

3. How do your employees react to your leadership?

4. What is the role of effective communication in leadership?

Then write a summary of the answers that describe any characteristics of servant leadership that is displayed by this leader.

In: Operations Management

1. Prepare a list of 10 interview questions to select a candidate for the position “marketing...

1. Prepare a list of 10 interview questions to select a candidate for the position “marketing manager”. Please ensure that two behavioural, two situational, two job-knowledge, and two worker-requirements questions are included in this list of ten questions.

2. "A well-thought-out orientation program is essential for all new employees, whether they have experience or not." Explain why you agree or disagree with this statement. (word requirement: minimum 200 words)

3. Explain how you would conduct a job analysis. (word requirement: minimum 200 words)

4. Briefly describe each of the following possible types of interviews: unstructured panel interviews; structured sequential interviews; job-related structured interviews. (word requirement: minimum 200 words)

In: Operations Management

Applicants to the Royal Canadian Mounted Police must pass a written examination, an interview, and a...

Applicants to the Royal Canadian Mounted Police must pass a written examination, an interview, and a physical ability test before being accepted for basic training at the RCMP’s training center in Regina. As a federally regulated agency, the RCPM falls under the jurisdiction of the Employment Equity Act. Designed to further the employment of women, visible minorities, and other designated groups. The RCMP has had difficulty meeting recruiting targets of 20% women, 4.5% Aboriginal people, and 8.3% visible minorities that were set in compliance with the objectives of the Act. A review of testing data showed that Aboriginal peoples and visible minorities scored slightly lower than other groups ion the written tests and that 40-50% of women applicants fail the physical ability test, a rate considerably higher than that for men. In response to concerns over failing to meet its recruiting objectives, the RCMP undertook a revision of the examination, which assesses cognitive ability. The new test retains, “academic’ items related to composition and computation, but it also has new items in the form of scenarios that are directed at problem solving. The new questions are more job directed and operational in nature. The test items were rewritten to minimize the impact of different regional language styles to ensure that the questions are fair and equitable for all applicants. With respect to the physical ability test, women had particular difficulty with the upper body strength requirements. To deal with this problem, the RCMP instituted a six-week training pretraining in fitness program to help women prepare for the fitness test. It also revised the evaluation procedure. The following document provides information on the new physical ability requirement and provides information on how to prepare for the test.

que 1 . Design and describe a recruiting campaign to attract more women and visible-minority applicants to the RCMP.

oue 2 looks at another method that can be used to improve the number of minority applicants: banding. This procedure is also controversial. You may want to read that section now and discuss this as an option. How would the public likely react to using banding?

In: Operations Management

It is suggested that the average IQ of top civil servants, research scientists and professors is...

It is suggested that the average IQ of top civil servants, research scientists and professors is 140. Suppose that the standard deviation is 5.
a. Suppose a full professor from a Canadian university is selected at random. What is the probability that the IQ of the selected Canadian professor is below 130? State any necessary assumptions you have made to compute this probability.

b. Suppose that the assumption(s) made in part a was not justifiable. A researcher decided to take a random sample of 81 full professors from the Canadian University system.

i. What is the sampling distribution of the sample mean ¯ x ? Explain.

ii. Find the mean and standard deviation of the sampling distribution of ¯ x.

iii. What is the probability that the sample average of this sample is less than 130? Compare your answer with the answer given in a. Summarize your findings.

iv. Will the probability in (iii) change if you change the wording from “less than” to “less than or equal to”? Why or why not?

v. Can you compute the probability that the sample average IQ is exactly 135? Justify your answer.

vi. If the sample mean ¯ x is actually actually 130, what can be said about the claim that µ = 140.

vii. What is the probability that the sample mean differs from the population mean by more than 2?

viii. Within what limits do you expect the sample average to be with the probability 0.95?

In: Statistics and Probability

This annual figure from #3 ($16,509.66) is more than the Prof.’s current annual contribution, which makes...

This annual figure from #3 ($16,509.66) is more than the Prof.’s current annual contribution, which makes her feel a little anxious about her future planned retirement. Also, Prof. Business’ annual retirement account contribution is based on a percentage of her salary and will increase as her salary increases. So, let’s re-plan her retirement income. Let’s account for the fact that her and the University’s contributions to Prof. Business’ University retirement plan are based on a certain percentage of her salary and will increase as her salary increases. Based on this formula, her first upcoming end of the year deposit will be $20,200 and let’s assume that her annual deposit and salary will grow at a 2% annual rate over the remaining 7 years (8 total deposits) to Prof. Business’ retirement. These deposits are in addition to the $640,000 she currently has today in the University retirement plan. The Rate of Return is 7.50%. Answer the following based on these assumptions using Excel.

a) How much money will Prof. Business have in her retirement account immediately after her last deposit 8 years from today?

b) What would be the equal annual payment from her 20-year retirement annuity whose first payment occurs exactly 8 years from today?

In: Finance

What are the three biggest e-marketing challenges that businesses face today. You can either take this...

What are the three biggest e-marketing challenges that businesses face today. You can either take this from the approach of business operations as of March 1, 2020, or the present date.

In: Operations Management

Heritage Ltd. was organized on January 2, 2020. The following investment transactions and events occurred during...

Heritage Ltd. was organized on January 2, 2020. The following investment transactions and events occurred during the following months:

2020
Jan. 6 Heritage paid $576,500 for 50,100 shares (20%) of Port Inc. outstanding common shares.
Apr. 30 Port declared and paid a cash dividend of $1.20 per share.
Dec. 31 Port announced that its profit for 2020 was $490,000. Fair value of the shares was $11.90 per share.
2021
Oct. 15 Port declared and paid a cash dividend of $0.80 per share.
Dec. 31 Port announced that its profit for 2021 was $640,000. Fair value of the shares was $12.28 per share.
2022
Jan. 5 Heritage sold all of its investment in Port for $683,000 cash.


Assume that Heritage has a significant influence over Port with its 20% share.

1. Prepare the entries to record the preceding transactions in Heritage’s books.

a. Record the purchase in strategic investment.

b. Record the dividends received from strategic investment.

c. Record the share of profits of equity investment.

d.Record the dividends received in equity investment.

e.Record the share in profits of equity investment

f. Record sale in strategic investment.

2. Calculate the carrying value per share of Heritage’s investment as reflected in the investment account on January 4, 2022. (Round your answer to 2 decimal places.)

Carrying valve per share. __________?

3. Calculate the change in Heritage’s equity from January 2, 2020, through January 5, 2022, resulting from its investment in Port.

equity _____ by ______

In: Accounting

“Minister of labour, Thulas Nxesi, has gazetted South Africa’s new minimum wage which will take effect...

“Minister of labour, Thulas Nxesi, has gazetted South Africa’s new minimum wage which will take effect from 1 March 2020.
The gazette states that the new national minimum wage is R20.76 – an increase of 3.8%”.
Adapted from: https://businesstech.co.za/news/government/374920/6-planned-laws-that-government-has-just-announced-for-south-africa/
Accessed: 21/02/2020
Provide a discussion on the welfare effect of the above, that illustrates the case for when the above results in unemployment in the market for domestic workers as well as a case for when the above has no effect on the market for domestic workers. Use a diagram to support your discussion.

N.B.N.B Please include diagram

In: Economics

Use the sample entry from an Apache web server log below to answer the following questions....

Use the sample entry from an Apache web server log below to answer the following questions. (10 marks total) CSE1CPR 2020 Final Exam Page 8 10.10.0.2 - - [1/Jan/2020:10:02:45 +0000] “GET /login.php?username=admin&password=password&submit=TRUE HTTP/1.1 302

i. Identify the key information in this message and briefly describe what this log entry is telling you?

ii. What security threat or vulnerability can you see from this log entry?

iii. How might this cause harm? iv. Suggest how the website developer or administrator might mitigate this threat or vulnerability?

In: Computer Science