An SAT prep course claims to improve the test score of students. The table below shows the scores for seven students the first two times they took the verbal SAT. Before taking the SAT for the second time, each student took a course to try to improve his or her verbal SAT scores. Do these results support the claim that the SAT prep course improves the students' verbal SAT scores?

Let d=(verbal SAT scores prior to taking the prep course)−(verbal SAT scores after taking the prep course)d=(verbal SAT scores prior to taking the prep course)−(verbal SAT scores after taking the prep course). Use a significance level of α=0.1 for the test. Assume that the verbal SAT scores are normally distributed for the population of students both before and after taking the SAT prep course.

Step 1 of 5: State the null and alternative hypotheses for the test.

Step 2 of 5: Find the value of the standard deviation of the paired differences. Round your answer to one decimal place.

Step 3 of 5: Compute the value of the test statistic. Round your answer to three decimal places.

Step 4 of 5: Determine the decision rule for rejecting the null hypothesis H 0 . Round the numerical portion of your answer to three decimal places.

Step 5 of 5: Make the decision for the hypothesis test.

CASE STUDY QUESTION

Miss Yinnary is one of the many women who own their own businesses and her experience is not very different from others, who must contend with being a mother, a spouse and a family cheerleader in addition to owning and operating a business. She is the owner of the famous Y-Hotel. It was her first business, though she had some family background in this business. Her two sisters were also in the same line of business. But she borrowed some money, put in some of her savings and started her own venture. She was the first woman ever to enter into this business, most of her clients could not understand that a woman could be interested in the hospitality industry. To Step up her game in the hospitality Industry , Miss Yinari is seeking someone who understands innovative entrepreneurship to assist her.

During her rise to success and in management of her hotel business, she also needs to manage a family, stay teaching in university and dealing with community affairs.

In her mind, there is nothing more exhilarating than owning her own business, and for her, the fun is in facing the challenges of turning the hotel into a first ever hotel that provide customers an unforgettable experience with innovation

In the present time, more women are making this choice, pursuing entrepreneurship rather than staying as housewives or traditional careers. For the past few years, the number of women starting new ventures is three times as large as the number of men. There are several good reasons for this trend. Some women find that owning a business is the only way to combine a decent income with time for their children by having the flexibility to control their schedules. Others see themselves as unlikely corporate managers and recognizing the gender problem that exists for achieving success, they choose the entrepreneurial route. Still others see entrepreneurship as a way of controlling their lives, pursuing interests that would be impossible in a corporate job.

The dual roles of mother and entrepreneur often conflict, and husbands and wives

tend to develop separate career tracks that often cannot be reconciled. Women can

also find it lonely in a business world, especially if clients are predominantly men,

this was a problem for Yinari too.

Many women, however, have businesses that fit well with their interest and with

women customers. These include services in beauty care, nutrition, education,

entertainment etc. Nevertheless, being in business often exacts a double price for

women, yet for those with determination like Yinari, the rewards are always waiting.

Your Task as Business Consultant , Prepare a report regarding the following issues below :

e. Provide SCAMPER for your Innovation

f. Draw a Maslow Triangle of Needs and Explain in each stage of those theories the function of your Innovation where possible.

NOTE : PLEASE DO IN THE PIECE OF PAPER / SCREEN SHOT AND TAKE PIC MORE CLEARLY AND PLEASE SEND IT HERE THANK YOU

CASE STUDY QUESTION

Miss Yinnary is one of the many women who own their own businesses and her experience is not very different from others, who must contend with being a mother, a spouse and a family cheerleader in addition to owning and operating a business. She is the owner of the famous Y-Hotel. It was her first business, though she had some family background in this business. Her two sisters were also in the same line of business. But she borrowed some money, put in some of her savings and started her own venture. She was the first woman ever to enter into this business, most of her clients could not understand that a woman could be interested in the hospitality industry. To Step up her game in the hospitality Industry , Miss Yinari is seeking someone who understands innovative entrepreneurship to assist her. During her rise to success and in management of her hotel business, she also needs to manage a family, stay teaching in university and dealing with community affairs.

In her mind, there is nothing more exhilarating than owning her own business, and for her, the fun is in facing the challenges of turning the hotel into a first ever hotel that provide customers an unforgettable experience with innovation

In the present time, more women are making this choice, pursuing entrepreneurship rather than staying as housewives or traditional careers. For the past few years, the number of women starting new ventures is three times as large as the number of men. There are several good reasons for this trend. Some women find that owning a business is the only way to combine a decent income with time for their children by having the flexibility to control their schedules. Others see themselves as unlikely corporate managers and recognizing the gender problem that exists for achieving success, they choose the entrepreneurial route. Still others see entrepreneurship as a way of controlling their lives, pursuing interests that would be impossible in a corporate job.

The dual roles of mother and entrepreneur often conflict, and husbands and wives

tend to develop separate career tracks that often cannot be reconciled. Women can

also find it lonely in a business world, especially if clients are predominantly men,

this was a problem for Yinari too.

Many women, however, have businesses that fit well with their interest and with

women customers. These include services in beauty care, nutrition, education,

entertainment etc. Nevertheless, being in business often exacts a double price for

women, yet for those with determination like Yinari, the rewards are always waiting.

Your Task as Business Consultant , Prepare a report regarding the following issues below :

H. If unrelated diversification is not possible, explain your thought in term of related diversification

I.What is the Tao of Innovation? Explain in detail the 9 elements of the Tao of Innovation. Give examples !

number h and i the question were based on study case article from above you need to explain more detail and provide the example

case study question

Miss Yinnary is one of the many women who own their own businesses and her experience is not very different from others, who must contend with being a mother, a spouse and a family cheerleader in addition to owning and operating a business. She is the owner of the famous Y-Hotel. It was her first business, though she had some family background in this business. Her two sisters were also in the same line of business. But she borrowed some money, put in some of her savings and started her own venture. She was the first woman ever to enter into this business, most of her clients could not understand that a woman could be interested in the hospitality industry. To Step up her game in the hospitality Industry , Miss Yinari is seeking someone who understands innovative entrepreneurship to assist her.

During her rise to success and in management of her hotel business, she also needs to manage a family, stay teaching in university and dealing with community affairs. In her mind, there is nothing more exhilarating than owning her own business, and for her, the fun is in facing the challenges of turning the hotel into a first ever hotel that provide customers an unforgettable experience with innovation

In the present time, more women are making this choice, pursuing entrepreneurship rather than staying as housewives or traditional careers. For the past few years, the number of women starting new ventures is three times as large as the number of men. There are several good reasons for this trend. Some women find that owning a business is the only way to combine a decent income with time for their children by having the flexibility to control their schedules. Others see themselves as unlikely corporate managers and recognizing the gender problem that exists for achieving success, they choose the entrepreneurial route. Still others see entrepreneurship as a way of controlling their lives, pursuing interests that would be impossible in a corporate job.

The dual roles of mother and entrepreneur often conflict, and husbands and wives

tend to develop separate career tracks that often cannot be reconciled. Women can

also find it lonely in a business world, especially if clients are predominantly men,

this was a problem for Yinari too.

Many women, however, have businesses that fit well with their interest and with

women customers. These include services in beauty care, nutrition, education,

entertainment etc. Nevertheless, being in business often exacts a double price for

women, yet for those with determination like Yinari, the rewards are always waiting.

Your Task as Business Consultant , Prepare a report regarding the following issues below :

c. Explain what is your IKIGAI Concept behind the innovation that you suggest ?

d. Draw a Lean Canvas for the Innovation that you come up with?

NOTE : PLEASE DO IN THE PIECE OF PAPER / SCREEN SHOT AND TAKE PIC MORE CLEARLY AND PLEASE SEND IT HERE THANK YOU

for number D you need to draw and to explain that were based on study case but you must draw on piece of paper

Molex Inc. and their reporting of a financial error found during their audit. This is the only company on the S&P 500 Index to have reported an error during the year.

1. Do you think it is because companies are doing a better job reporting on their financial statements or do you think it is just because they are getting away with the fraud?
2. What techniques have you learned so far in class that you could have implemented to help catch this financial error?

Honesty for Banks Is Still Such a Lonely Word: Jonathan Weil

March 02, 2011, 7:04 PM EST

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By Jonathan Weil

March 3 (Bloomberg) -- So many big companies. So few big mistakes.

Last August an electronics manufacturer named Molex Inc. did something remarkable, at least by today’s standards for disclosing bad news. It filed a special report with the Securities and Exchange Commission known as an 8-K, saying it had overstated its shareholder equity by $101 million and that investors shouldn’t rely on its financial statements for the previous three years.

What made this event so unusual is it was the only negative restatement disclosed in this manner last year by a company in the Standard & Poor’s 500 Index. That’s according to Audit Analytics, a Sutton, Massachusetts, research firm that tracks such data. Molex, based in Lisle, Illinois, included its corrected results in its fiscal 2010 annual report the same day.

You could look at this in different ways. Perhaps the quality of today’s financial reports is so pure that only one S&P 500 company had to disavow its books last year because its results weren’t as good as originally reported. Or it may be that too few of America’s largest companies are willing to admit their errors and disclose them prominently.

“It’s one or the other,” says Don Whalen, research director at Audit Analytics. “Either companies’ internal controls have improved dramatically, so they’re not making mistakes. Or it’s too good to be true, and the information is not getting out.”

Course Correction

Whichever it is, the number of companies correcting errors in their books has declined dramatically. Last year 699 SEC- registered companies filed financial restatements, according to Audit Analytics. That was up from 640 in 2009, but less than half the record 1,566 companies in 2006.

The figures for banks, in particular, look unnaturally low. Forty-four banks restated last year, one fewer than in 2009. Even more curious, there were 133 banks that issued corrections from 2008 through 2010. That was down from 169 banks during the previous three-year period, before the financial crisis took off in earnest, which makes no sense.

Here we had the greatest banking industry meltdown since the Great Depression. Hundreds of lenders failed. And yet the number of banks correcting accounting errors declined while the collapse was unfolding. There were no restatements by the likes of IndyMac, Washington Mutual or Lehman Brothers, for example. The obvious conclusion is the government has been giving lots of banks a free pass, as have their auditors.

Bad Books

It’s not just banks, either. Fannie Mae and Freddie Mac, for instance, took massive bailouts in 2008 without ever conceding errors in their balance sheets. No wonder nobody high up in the financial world is going to jail, when regulators won’t force even those outfits to be honest and acknowledge their books were disastrously wrong.

Molex wasn’t the only S&P 500 company that revised its results last year. There were 10 in all, including Zions Bancorporation. In January 2010, the Salt Lake City-based lender warned investors not to rely on its financial reports for the two previous quarters. Zions’ corrections made earnings and equity look better, though, unlike the fixes at Molex.

The other eight S&P 500 companies that restated last year, including Tyco International Ltd., disclosed revisions without disavowing their previous financial reports in 8-Ks.

Soft Disclosure

About 53 percent of all restatements by U.S. companies in 2010 were handled this way, on the grounds that the errors supposedly weren’t big enough to warrant more prominent disclosures. Sometimes called “stealth restatements,” the corrections instead got tucked elsewhere, such as footnotes in press releases or companies’ quarterly and annual reports.

One explanation for why restatements peaked in 2006 is that the Sarbanes-Oxley Act, starting in late 2004, required many companies to begin subjecting their internal financial-reporting systems to audits by outside accounting firms. As companies improved their internal controls, they found more errors and issued more corrections. Then after they completed their initial overhauls, the theory goes, the number of errors fell sharply.

There’s another school of thought, too. In August 2008, an SEC advisory committee released a report concluding there were too many restatements and that lots of them had resulted from accounting errors that the markets didn’t care about. The panel recommended relaxing the benchmarks for determining when restatements would be needed, drawing howls from some investors and praise from the business lobby.

Who’s Restating

Sure enough, corrections are far fewer today than when the panel began its work, especially at large corporations. The latest increase in the overall figures was driven by tiny companies, which tend to be less mature and easier for auditors and regulators to push around. The number of restaters with less than $75 million of shares available for trading rose to 551 last year from 484 in 2009. Meanwhile, the number of larger companies that restated their books fell to 148 from 156.

Whalen says he still believes improvements in companies’ internal controls are the main reason for the broad decline since 2006. About 40 percent of last year’s restatements had no effect on earnings, according to Audit Analytics. So it’s not as if humdrum errors are never getting fixed.

He’s at a loss, though, to explain how there could be fewer banks that restated their books after the financial crisis started than before. “As a layman, you know there’s something wrong with that,” he says.

No kidding.

(Jonathan Weil is a Bloomberg News columnist. The opinions expressed are his own.)

--Editors: Steven Gittelson, Charles W. Stevens

Click on “Send Comment” in the sidebar display to send a letter to the editor.

To contact the writer of this column: in New York at [email protected]

To contact the editor responsible for this column: James Greiff at [email protected]

Create a thoughtful Mission, Vision and Value Statement (s) for Sunrise Nursing Home.

The Sundown Nursing Home is a long-term care facility and Assisted Living campus that celebrated its 50^th year of operation as a long-term care provider. The staff at Sundown focus on making their senior living communities feel like a home. They work hard to provide a safe and loving place to call home and strive to be trustworthy, kind, and respectful of the resident’s rights.

An organizational mission is important to Sundown, but they have been working without one. The CEO has been in her position for the last twenty-two years, long before vision and value statements were taught in any college program. The organization hasn’t conducted a formal strategic plan.

The Sundown operation is a non-profit and faith-based organization. Church services are offered with a non-denominational spirit. Non-profit companies, such as Sundown, are formed by incorporators, and has a board of directors and officers, but no shareholders. These incorporators, directors, and officers may not receive a distribution of (any money from) profits, but officers and management may be paid reasonable salaries for services to the corporation. Sundown is a Non-Profit Corporation that has been in good standing with the Minnesota Secretary of State, in effect since January 15, 1968.

According to the The Centers for Medicare and Medicaid Services (CMS), Sundown has a 3-Star status, placing its ranking among the middle 40–60% of nursing homes in Minnesota. The three-star rating is selected from a scale of one through five stars, by CMS. The five-star rating of CMS consists of the domains of health inspections, nurse staffing, staffing, and success of reportable quality measures. Sundown received a three-star rating for health inspections, a two-star rating for quality measures, three-star rating for nursing staffing and a three-star rating for registered nurses only. Staffing at Sundown is based around Registered Nurses, Licensed Practical or Vocational Nurses, and Certified Nursing Assistants and Therapists. (Center for Medicare and Medicaid Services (2015). In 2010, collective bargaining occurred. Sundown now has two unions within their organizations; a nurses union and one for the environmental service workers.

Measures used to assess and compare the quality of healthcare organizations are classified as either a structure, process, or outcome measure. Known as the Donabedian model, this classification system was named after the physician and researcher who formulated it (United States Department of Health and Human Services). The Agency for Healthcare Research and Quality has a website that allows the consumer to make the right choices for their loved ones when placing them in care. Consumer Assessment of Healthcare Providers and Systems (CAHPS) surveys ask consumers and patients to report on and evaluate their experiences with health care. These surveys cover topics that are important to consumers and focus on aspects of quality that consumers are best qualified to assess, such as the communication skills of providers and ease of access to health care services. Sundown has never conducted a survey of its residents or staff.

At one hundred and sixty beds (160) beds, the Sundown location in southern Minnesota is the largest facility, caring for a total of four hundred and fifty-six residents (456), the largest census for the organization found in its Assisted Living units, as of January 1, 2017. In January 1, 2013, the total population was six hundred and thirty-two (632). Their facility, located in western Wisconsin is the smallest with only 82 beds. (Medicare Nursing Home Profile, n.d). Sundown averages $175.00 per day for patients receiving Medicare benefits of payment, which is 30% of their population, and $135.00 per day for patients receiving care via private pay, which is 30% of their census, and $105.00 per day based on those receiving Medicaid services, which makes up 40% of their census, or case mix. Five years ago, Sundown provided Medicare Short Term Stays for acute care patients needing in-house care and therapy, in order to return home. This move increased their Medicare volume from 10% to its current 30% census. This brought Sundown from operating at a loss, to its current 2% profit margin.

All five of Sundown locations accept Medicare and Medicaid for payment of care provided. This acceptance will accommodate residents who otherwise would not have the means to afford long-term care, helping to relieve stress on both the resident and their families. In a time where several Assisted Living facilities limit or refuse residents on Medicaid, due to low reimbursement, Sundown doesn’t refuse anyone admission based on payment source. Sundown makes a 2% profit margin with its current case mix. With pay for performance measures coming into play, their payment will transition over to payment based on quality of care, or CMS Star rating.

Sundown has several various services they provide, allowing patients to recover from surgery, injury or serious illness. Their team of qualified therapists work toward the specific goals of achieving the patient’s highest functional level of independence. The first form of services provided is short-term rehab, as mentioned earlier. Short-term rehab is specialized to provide care right after that patient has left the hospital. They then go to a service, like Sundown, right before the person can go home and live on their own. Usually short term rehabilitation will follow major surgery or after an illness. Sundown uses the enhanced revenue from its newly constructed short term rehab unit to offset the losses from the low Medicaid reimbursements. The goal of the recovery is to help a person rehab return to home with optimal functionality, where the person is deemed safe to return to an independent living situation.

Problem!

Recently, the Sundown CEO learned of a new hospital undergoing constructed next to the Sundown facility. The hospital also built two hotels, nearby. Surgical patients of the hospital will be encouraged to stay at the hotels, with a nurse specializing in their type of case, visiting them in their rooms the following day or two, to assess their status. This new model of care will eliminate the need for a short-term stay at Sundown, in several cases.

     Sundown CEO and Board of Directors have a strategic planning session finally scheduled for spring. The Board chair insisted on a Strategic Planning retreat due to the changing healthcare climate and the impacts of the Patient Protection and Affordable Care Act. They have much to discuss, analyze, and plan and you’ve been hired to conduct their analysis.

Your Objectives:

You will present them (me) with your Mission, Vision, and Value statements, as though you wrote in collaboration key stakeholders for Sundown.

You will present the CEO (me) with your Action Plan for moving the Key Strategic Initiatives forward.

You will present the CEO (me) with your Balanced Scorecard.

Assess labor market prospects for 2020-2021.

Write about the forecast on the USD currency in 2020.

What is the personal exemption in 2020 applicable to a dependent?