Question: Analysis and Design Models: What's the Difference?

With the analysis phase behind us, reflect on the models built for the Theater project. How are they different from the models you plan on using during the design phase. Explain the differences in your own words. Next, find an article and/or video to share with the class on the subject.  

The US Navy is interested in acquiring a new communications relay for its submarines. Manufacturers tested 50 units and found the mean time between failures to be 2607 minutes, and the sample standard deviation to be 675. Find a 95% CI for the mean time between failures. (Assume the sample comes from a normal population.)

What is the purpose of classifying people into races? From a historical perspective, what functions did this have in US society? Which aspects of social ideas of race are static? Which are dynamic? Why should we expect ideas and practices associated with racial classification to change over time? 200 OWN WORDS

Do you agree or not and explain why in each of the three cases:

A. If the CPI goes down from 240 to 235, then there is disinflation in the economy.  

B. Prices of some goods may fall and other goods prices will rise.

C. Price for all goods and service increase at the same rate and in all locations in the US.

1. The goal of the needs assessment stage in the selling process is ____________________.

   		a. to maximize the fit between what the company can offer and the customer's needs
   		b. to figure out what competitors are offering the customer
   		c. to identify how much the potential customer is willing to pay
   		d. calculate the probability that the customer will end up buying from the company
   		e.decide how to best convince the buyer to buy the company's top-of-the line product

2. Online retailers of clothing often provide recommendations for additional products a customer should buy that would "complete the look." This is an example of _____________________________.   

   		a. cross-selling
   		b. referral selling
   		c. relationship selling
   		d. target selling
   		e. quota selling

3. The idea behind CRM (Customer Relationship Management) is that _______________________________.

   		1. customers must be managed in order for them to understand how services should be used
   		2. a company should build relationships with its stakeholder customers through the use of publicity
   		3. it is important to maximize short-term profit
   		4. knowing more about individual customers will help a company serve its customers better
   		5. customers should take a bigger role in creating products of the future

4. For which situation would personal selling be the most appropriate choice?

   		a. Facebook would like to encourage older consumers to use its service.
   		b. Coca-Cola would like to remind its customers to drink more soda.
   		c. Gatorade is launching a new organic sportsdrink.
   		d. Nike is launching a new sneaker.
   		e.GE Healthcare is selling medical equipment to hospitals.

2. Flies inoving two populations are isolated from other populations of flies. Population S lives on a very small island and has 103 individual population size. Population L lives on a continent and has 108 individual population size. Assuming that the island population was found by a small group of organisms that drifted on a log from the continent to the island. No interchange of alleles were found between populations since that time.

a. Would heterozygosity be expected for most loci to differ among these two populations, and explain your reasoning.

b. What techniques would you use to determine how long ago the founding population was formed? Explain the process to a biology freshman.

c. A new, unique and beneficial mutation occurs that increases fitness by 1 percent. The mutation rate from the current allele to the beneficial mutation is 5 × 10–7. Approximately how likely is it that the beneficial mutation will be common in each population after 1000 generations? Explain to a biology freshman how you make this calculation, and the reasoning behind the formula.

d. How could we measure these two populations to see if genetic drift or natural selection is exerting a stronger evolutionary pressure? Explain to a biology freshman.

1. Choose one design method from the list below. Using your example, make a list of 2 or 3 advantages and 2 or 3 disadvantages for using the method.
   • Cluster sampling
2. The name of each student in a class is written on a separate card. The cards are placed in a bag. Three names are picked from the bag. Identify which type of sampling is used and why.
3. A phone company obtains an alphabetical list of names of homeowners in a city. They select every 25th person from the list until a sample of 100 is obtained. They then call these 100 people to advertise their services. Does this sampling plan result in a random sample? What type of sample is it? Explain.
4. The manager of a company wants to investigate job satisfaction among its employees. One morning after a meeting, she talks to all 25 employees who attended. Does this sampling plan result in a random sample? What type of sample is it? Explain.
5. An education expert is researching teaching methods and wishes to interview teachers from a particular school district. She randomly selects 10 schools from the district and interviews all of the teachers at the selected schools. Does this sampling plan result in a random sample? What type of sample is it? Explain.

32. A manager who exhibits more of a Laissez-Faire type of leadership is a manager who would be best utilized in the following work environment:

a. the local hospital
b. the NASA research lab
c. the U.S. Post Office
d. the U.S. Military
e. the check-out lane a Kroger

33. John is the senior vice president of his company. He learned at a senior staff meeting that the company’s research staff has made an amazing discovery that is almost certain to result in several profitable new patents. He is confident that once this information becomes public knowledge, the price of his company’s stock will soar. He calls his broker and places an immediate order to buy 5,000 additional shares of stock in the company. John’s actions are:

a. perfectly legal, because he didn’t obtain the information illegally.
b. an example of illegal insider trading.
c. an example of trading on the margin, which is legal.
d. an example of preemptive buying, which is technically legal but considered highly unethical by

34. Sally owns a bond with a maturity value of $1,000 and a coupon rate of 15 percent. She will receive in annual interest until the bond reaches maturity, or he sells the bond to someone else.

a. $7.50

b. $50

c. $150

d. $1500

e. none of the above

35. Individual investors are not permitted to directly trade stocks on the NYSE or NASDAQ. Therefore, individuals must seek the help of a(n) .

a. underwriter.
b. banker
c. investment banker

d. broker

36. The objective of the long position in stock investment strategy is to:

a. predict changes in stock prices in order to earn a positive profit by buying high and selling low.

b. getting completely out of the stock market when stock prices begin to rise.
c. identify new companies with potential and buy their stock before the stick price begins to rise

d. hold a diversified portfolio of stocks for a long period of time in order to take advantage of the

downward trend in the stock market

37.Jasmine is an investment broker for a large firm. Understanding overall market conditions helps her
advise her clients who invest in stocks. Which of the following are indices that are commonly used to describe the price movement of securities in the U.S. market?

A. Fortune 500 and the Turbo 900

B. The Nikkei 225 Index and the Boston Big Index

C. The FTSE 100 and the SSE Composite

D. The DJIA and the S&P 500

38. White collar crime is a victimless crime.

a. True   b. False

39. The price-to-earnings ratio:

A. develops an investor’s knowledge of the price of various stocks in a single industry

B.is of little value to investors these days due to the fact that market values far exceed earnings

values.

C.is important to investors because a higher P/E ratio means lesser growth in earnings over

time.

D.is important to investors because a higher P/E ratio means greater growth in earnings over time.

40. The corporations that issue stocks and bonds do not receive any funds from sales on the secondary market.

a. True b. False

Pitman Company is a small editorial services company owned and operated by Jan Pitman. On October 31, 2019 the end of the current year, Pitman Company’s accounting clerk prepared the following unadjusted trial balance:

Pitman Company

UNADJUSTED TRIAL BALANCE

October 31, 2019

The data needed to determine year-end adjustments are as follows:

Sears Editing Company is a small editorial services company owned and operated by Deloris Sears. On January 31, 20Y1, the end of the current year, Sears Editing Company’s accounting clerk prepared the following unadjusted trial balance:

Sears Editing Company

UNADJUSTED TRIAL BALANCE

January 31, 20Y1

The data needed to determine year-end adjustments are as follows: