Differences in productivity are usually the major force behind differences in wages and unit labor costs. Suppose that a single unskilled worker at a pottery factory in Mexico can produce 1 mug per hour. By comparison, suppose that a single unskilled worker at a pottery factory in the United States can produce 15 mugs per hour because more and better machinery generates higher labor productivity. The Mexican mugs and the American mugs are identical in quality and durability and sell for the same price. The daily minimum wage in Mexico is 70 pesos per day for an 8-hour work day, and the exchange rate between Mexican pesos and U.S. dollars is 10 pesos per dollar. The federal minimum wage in the United States is $7.25 per hour.

Instructions: Round your answers to 3 decimal places.

a. If unskilled pottery workers are paid the local minimum wage in both countries, how much is the labor cost per mug for mugs produced in Mexico?

       For mugs produced in the United States?

b. With regard to mug production, how much higher are labor costs per hour in the United States?

c. With regard to mug production, how much higher are labor costs per unit in Mexico?

d. Do higher labor costs per hour always imply higher labor costs per unit?

      (Click to select)  No  Yes

e. If firms with lower labor costs per unit expand, while those with higher labor costs per unit contract, in which country will mug-making firms be increasing in size and hiring more employees?

      (Click to select)  The United States  Mexico

     If unskilled pottery workers relocate to where they can find jobs, to which country will they be moving?

Which hypothesis test you believe you should use and why.

• One Sample Proportion Z-test

• Two Sample Proportion Z-test

• One Mean t-test

• Pooled t-test

• Non-Pooled t-test

• Paired t-test

• ANOVA F-test

• Bootstrapping is also an option

Questions:

4. The NOAA National Climatic Data Center of the United States provides data on the average annual temperature for every state in the United States. The average annual temperatures are based on data collected by weather stations throughout each state during the years 1971 to 2000. Is there strong evidence that the mean average annual temperature in the United States is greater than 50 degrees Fahrenheit? Explain. Use a significance level of 5%.

5. As gas prices continue to rise, more customers are beginning to take into account miles per gallon (a measure of the average distance traveled per unit of energy consumed) when determining which type of car to purchase. Do cars made in Japan typically get more miles per gallon than cars made in the United States? A random sample of 79 cars made in Japan had a mean of 30.48 and a standard deviation of 6.11 miles per gallon. A random sample of 249 cars made in the United States produced a mean of 20.14 and a standard deviation of 6.41 miles per gallon. Use a significance level of 0.10.

6. The U.S. Census Bureau reports that 26% of all U.S. businesses are owned by women. A Colorado consulting firm surveys a random sample of 410 businesses in the Denver area and finds that 115 of them have women owners. Should the firm conclude that its area is unusual? Test an appropriate hypothesis and state your conclusion. Use =0.05.

An American worker can produce either 5 cars or 9 tons of grain a year. A Japanese worker can produce either 3 cars or 9 tons of grain a year. To keep things simple, assume that each country has 100 million workers.

Complete the following table with the number of workers needed to make one car or 1 ton of grain in the United States and Japan.

Use the blue line (circle symbol) to graph the production possibilities frontier for the American economy. Then use the green line (triangle symbol) to graph the production possibilities frontier for the Japanese economy.

U.S.Japan01002003004005006007008009001000500450400350300250200150100500Cars (Millions)Grain (Millions of tons)900, 0Y-Intercept: 300X-Intercept: NoneSlope: 0

Complete the following table by determining the opportunity cost of a car and of a ton of grain for both the United States and Japan.

Given this information, has an absolute advantage in producing cars, and has an absolute advantage in producing grain.

Also, has a comparative advantage in producing cars, and has a comparative advantage in producing grain.

Assume that without trade, half of each country's workers produce cars and half produce grain.

Complete the following table with the quantities of cars produced and consumed in each country if there is no trade.

True or False: Both countries would be better off if they produced the good in which they have a comparative advantage and then traded 400 million tons of grain for 200 million cars.

True

False

Review the following PDF to learn more:

MMWR: Strategies for Reducing Health Disparities—Selected CDC-Sponsored Interventions, United States, 2014

Create a 4- to 5-page Microsoft Word document that addresses the following:

Compare the patterns of the major diseases of Hispanic/Latino groups and their rates and health effects between the other racial or ethnic groups living in the United States.

Identify at least one consequence that a lack of access to healthcare has on Hispanics/Latinos.

Explain why access to care issues will need to be monitored even more closely within the U.S. healthcare system beginning 2014.

Find at least two scholarly journal articles that discuss all or at least one of the topic areas related to Hispanic/Latino health disparities in the United States. Provide a synopsis of each article.

Explain what type of barrier(s) (structural, financial, or socio-cultural) each article examines? Describe at least two policies or strategies that can be implemented to improve access to healthcare services as they relate to the articles you reviewed.

Compare the patterns of the major diseases of Hispanic/Latino groups and their rates and health effects between the other racial or ethnic groups living in the United States.

Identify at least one consequence that a lack of access to healthcare has on Hispanics/Latinos.

Explain why access to care issues will need to be monitored even more closely within the U.S. healthcare system beginning 2014.

Find at least two scholarly journal articles that discuss all or at least one of the topic areas related to Hispanic/Latino health disparities in the United States. Provide a synopsis of each article.

Explain what type of barrier(s) (structural, financial, or socio-cultural) each article examines? Describe at least two policies or strategies that can be implemented to improve access to healthcare services as they relate to the articles you reviewed.

I need to use Excel to solve the following:

A United Nations report shows the mean family income for Mexican migrants to the United States is $27,000 per year. A Farm Labor Organizing Committee evaluation of 25 Mexican family units reveals the mean to be $30,000 with a sample standard deviation of $10,000. Does this information disagree with the United Nations report? Apply the .01 significance level.

Suppose that we randomly select 50 billing statements from each of the computer databases of the Hotel A, the Hotel B, and the Hotel C chains, and record the nightly room rates. The means and standard deviations for the data are given in the table.

(a) Find a 95% confidence interval for the difference in the average room rates for the Hotel A and the Hotel B chains. (Use Hotel A − Hotel B. Round your answers to two decimal places.)

$______ to $______

(b)Find a 99% confidence interval for the difference in the average room rates for the Hotel B and the Hotel C chains. (Use Hotel B − Hotel C. Round your answers to two decimal places.)

$______ to $______

Suppose that we randomly select 50 billing statements from each of the computer databases of the Hotel A, the Hotel B, and the Hotel C chains, and record the nightly room rates. The means and standard deviations for the data are given in the table.

(a) Find a 95% confidence interval for the difference in the average room rates for the Hotel A and the Hotel B chains. (Use Hotel A − Hotel B. Round your answers to two decimal places.)

$______ to $______

(b)Find a 99% confidence interval for the difference in the average room rates for the Hotel B and the Hotel C chains. (Use Hotel B − Hotel C. Round your answers to two decimal places.)

$______ to $______

Suppose that we randomly select 50 billing statements from each of the computer databases of the Hotel A, the Hotel B, and the Hotel C chains, and record the nightly room rates. The means and standard deviations for the data are given in the table.

(a) Find a 95% confidence interval for the difference in the average room rates for the Hotel A and the Hotel B chains. (Use Hotel A − Hotel B. Round your answers to two decimal places.)

$______ to $______

(b)Find a 99% confidence interval for the difference in the average room rates for the Hotel B and the Hotel C chains. (Use Hotel B − Hotel C. Round your answers to two decimal places.)

$______ to $______

(Use Excel or SPSS to complete this Assignment).

A random sample of respondents was drawn from three Latin American countries: Nicaragua, Guatemala, and Costa Rica. The variable if interest is the duration (in months) of stay in the United States during a respondent’s first migration to the United States.

Nicaragua: 4, 6, 6, 6, 12, 36, 36, 36, 36, 60, 72, 78, 96, 120, 126, 156, 162, 162, 186, 540
Guatemala: 1, 1, 12, 24, 24, 24, 36, 36, 42, 60, 78, 84, 102, 102, 102, 102,132, 144
Costa Rica: 12, 12, 12, 12, 14, 15, 15, 18, 18, 24, 36, 48, 66, 120, 150, 150, 174, 282, 288

1. Specify the level of measure for the variable of interest here. That is, what is the level of measurement of duration of stay during first U.S. migration?
2. Explain why the values of 12, 24, and 36 are so common in the data? What do these three values have in common?
3. Calculate the mode for Costa Rica.
4. How does the mode for Guatemala compare to that of Costa Rica?
5. In light of your answers to Questions #3 and #4, one explanation is that respondents from Latin American countries closer to the United States have a higher modal duration of stay during their first U.S. migration than respondents from Latin American countries that are further away. Does the evidence from Nicaragua support this idea? (Hint: examine a map of Latin America to see whether you would expect the mode for Nicaragua to be greater than or less than that for Costa Rica and Guatemala.)
6. Given your answer to Question #5, you are interested in extending this idea to the value of the median. Which country would you expect to have the highest median duration of stay in the United States during first U.S. migration?

Which of the three countries above has the highest median value? Does this support your idea that respondents from Latin American countries that are closer to the United States have a higher median duration of stay in the United States during their first migration than respondents from Latin American countries that are further away?

plot on a graph, men's times as X column and Y column being women's times

Men’s 2015 World Championship – Final Results (top 17 finishers)

Women’s 2015 World Championship – Final Results (top 17 finishers)