1. Barron used to make $2,500 a month and eat
sushi
three times per month. Now he is making $3,500 a
month and is eating sushi seven times per month. Wh
at is Barron’s income elasticity of demand for
sushi? For Barron, is sushi 1) a normal good or an
inferior good, and 2) a necessity or a luxury?
2. Netflix raises the price of its service from
$11
per month to $14 per month. This causes the number
of people subscribing to HCCCtinder – a school-specific dating app
– to rise from 2,200 to 2,500. What is the cross-price elasticity
of demand? Based upon your answer, are Netflix and HCCCtinder
substitutes or compliments?
3. Identify and explain three of the factors that help
determine how elastic demand for a particular good
is. Discuss how the factors you select would help explain the price
elasticity of demand for a sweater
from Banana Republic.
In: Economics
Government student loans usually do not need to be paid back until 6 months after you graduate. Interest on your loan is computed from the time you take out the loan. You have the option of paying the interest every month or allowing the interest to accumulate until you begin to pay back the loan. You have 10 years to pay back the loan. You borrow $7,200 for your freshman year of college at an annual interest of 4.45% compounds
a. Suppose you decide not to pay the interest every month while you are in school, what will be your monthly payments when you begin to pay back your loan? (Assume you will begin paying back your loan in 51 months after you took out the loan.)
b. What is the total amount that you paid for the loan? How much interest did you pay?
using excel
In: Finance
Either draw a diagram or describe how each of the following events affects both the equilibrium price and quantity of plastic bottled water.
You need to indicate the following:
1. What shifts: Supply or Demand.
2. What direction it shifts: left or right.
3. The resulting change in equilibrium price and quantity.
a. The price of soft drinks falls.
b. The health hazards of drinking sugary sodas are widely publicized.
c. There are wide spread reports of high levels of lead in tap water.
d. The use of refillable water bottles, such as Hydro Flasks becomes popular.
e. Consumers expect a hurricane to arrive later this week.
f. There are wide spread reports of dangers associated with drinking any water that comes in a plastic bottle.
g. All public schools are required to have water available at with school lunch as an alternative to milk cartons.
h. Global warming has caused an increase in average temperatures world-wide.
In: Economics
In Europe, gasoline efficiency is measured in km/L. If your car's gas mileage is 22.0 mi/gal , how many liters of gasoline would you need to buy to complete a 142-km trip in Europe? Use the following conversions: 1km=0.6214mi and 1gal=3.78L.
While in Europe, if you drive 107 km per day, how much money would you spend on gas in one week if gas costs 1.10 euros per liter and your car's gas mileage is 28.0 mi/gal ? Assume that 1euro=1.26dollars.
A sprinter set a high school record in track and field, running 200.0 m in 20.8 s . What is the average speed of the sprinter in kilometers per hour?
A specific brand of gourmet chocolate candy contains 7.00 g of dietary fat in each 22.7-g piece. How many kilograms of dietary fat are in a box containing 4.00 lb of candy?
In: Chemistry
Data: Life satisfaction among sport coaches. Drakou, Kambitsis, Charachousou, and Tzetzis (2006) tested differences in life satisfaction among sport coaches. They tested differences by sex, age, marital status, and education. The results of each test in the following table are similar to the way in which the data were given in their article.
Which factors were significant at a .05 level of significance?
State the number of levels for each factor.
|
Independent Variables |
Life Satisfaction |
||||
|
M |
SD |
F |
p |
||
|
Sex |
0.68 |
.409 |
|||
|
Men |
3.99 |
0.51 |
|||
|
Women |
3.94 |
0.49 |
|||
|
Age |
3.04 |
.029 |
|||
|
20s |
3.85 |
0.42 |
|||
|
30s |
4.03 |
0.52 |
|||
|
40s |
3.97 |
0.57 |
|||
|
50s |
4.02 |
0.50 |
|||
|
Marital status |
12.46 |
.000 |
|||
|
Single |
3.85 |
0.48 |
|||
|
Married |
4.10 |
0.50 |
|||
|
Divorced |
4.00 |
0.35 |
|||
|
Education |
0.82 |
.536 |
|||
|
High school |
3.92 |
0.48 |
|||
|
Postsecondary |
3.85 |
0.54 |
|||
|
University degree |
4.00 |
0.51 |
|||
|
Masters |
4.00 |
0.59 |
|||
In: Statistics and Probability
John just turned 12 (at t = 0), and he will be entering college 6 years from now (at t = 6). College tuition and expenses at State U. are currently $16,500 a year, but they are expected to increase at a rate of 3.5% a year. John is expected to graduate in 4 years. Tuition and other costs will be due at the beginning of each school year (at t = 6, 7, 8, and 9). So far, John’s college savings account contains $10,000 (at t = 0). John’s parents plan to add an additional $12,000 in each of the next 4 years (at t = 1, 2, 3, and 4). Then they plan to make 2 equal annual contributions in each of the following two years, t = 5,, and 6. They expect their investment account to earn 5.5%. How large must the annual payments at t = 5, and 6 be to cover John’s anticipated college costs?
Show all your work
In: Finance
show how to solve the next 3 problems(show work)
1. You are starting your four-year college education today, and you are worried if you have enough money in your account for tuition and fees. You are going to pay $15,000 a year at the beginning of each school year starting today. If the interest rate on your account is 7%, compounded annually, how much should you have in your account today? Round to the nearest cent.
2. How much would an investor be willing to pay for an investment which promises to pay $200 per year in perpetuity if the investor requires a 14 percent return on the investment? Round to the nearest cent.
3. If you are going to receive $70,000 for 20 years starting 5 years from now, what is the present value of the cash flows discounted at 12%? Round to the nearest cent. (2 decimal)
In: Finance
This assignment covers two-sample hypothesis tests. As with
Calculator HW 5, our goal is to understand the five step
method of hypothesis testing, as well as the calculator
functions. Your work must
include:
1. Clear statement of hypotheses, with the correct
parameter(s)
2. An indication of the test used
3. The test statistic and p-value
4. An indication of the statistical decision (i.e. whether or not
to reject Ho)
along with an explanation.
5. An interpretation of the statistical decision in the context of
the problem.
* * * * * * * * * * * * * * * * * * * * * *
#1) A sample of 12 in-state undergraduate school programs for State A has a mean tuition of $24,000 with a standard deviation of $4,600. In State B, a sample of 16 in-state undergraduate programs has a mean of $28,000 with a standard deviation of $5,200. Assume that in-state tuitions are normally distributed for both states. Using a .05 significance level, does this sample data provide evidence that the mean tuition are different for the two states?
In: Statistics and Probability
PRECEDE-PROCEED model guides factors to consider when planning an intervention that is targeted towards the community/social level. It is a comprehensive model which identifies influences on a health problem at both the broad and proximal level. It is divided into two main activities educational diagnosis (PRECEDE) and ecological diagnosis (PROCEED).
PRECEDE: Predisposing, Reinforcing, and Enabling Constructs in Educational Diagnosis and Evaluation.
PROCEED: Policy, Regulatory, and Organizational Constructs in Education and Environmental Development.
There are nine phases to this model. These are:
1.Social diagnosis
2.Epidemiological diagnosis
3.Behavioral and environmental diagnosis
4.Educational and ecological diagnosis
5.Administrative and policy diagnosis
6.Implementation
7.Process evaluation
8.Outcome evaluation
9.mpact evaluation
plan a intervention for school children in regards to obesity
Give one example of each factor you might consider for Stages 1-5 of the PRECEDE-PROCEED model. Provide your rationale and supporting references for each factor.
In: Psychology
Health problems of family members
The father has a chronic cough. Smoking (10 per day)
The mother's menstrual bleeding is irregular. She's afraid of getting pregnant again. He does not use a family planning method.
10-year-old child (girl) has very low school success, has no appetite and is poor (weight and height percentile 5%).
8-year-old boy has asthma. The family takes the child for control every 6 months (weight and height percentile 25%).
7-year-old boy healthy (weight and height percentile 10%).
5-year-old boy often gets bronchitis. When there is bronchitis, he has fever and cough (weight and height percentile 25%).
Develop a education material for each member of family ( presentation / brochure / poster / etc.) suitable for the health education subject you have planned
In: Nursing