Questions
Please answer the following question in 175 word response: Can you explain the gross profit ratio...

Please answer the following question in 175 word response:

Can you explain the gross profit ratio and why it is so important to organizations?

In: Accounting

Create a C program that solves the word search puzzle contained in the file 'WordSearchPuzzle.txt'. The...

Create a C program that solves the word search puzzle contained in the file 'WordSearchPuzzle.txt'. The words that need to be found are in the file 'WordList.txt'.

There are 100 words to be found. You must find the location of the first and last letter of each word as well as the cardinal direction that describes the word's orientation. The location of first and last letters are to be described in terms of row and column, with indexing starting at 0 and originating from the top left corner. See below for an example.

Example:

A Y U O E R
X D K N W N
G Q O T J S
H B I V M C

For the word 'BONE', the first letter, 'B', is in row 3, column 1; the last letter, 'E', is in row 0, column 4. The word is orientated in an ascending diagonal direction such that it is read starting at the bottom left and finishing at the top right; this word is said to be 'headed' in a 'North East' (NE) direction.

Directions:

North West(NW)
North (N)
North East (NE)
East (E)
South East (SE)
South (S)
South West (SW)
West (W)
You must print each found word in a new file (all results in same file, new line for each result). For the example above, below is the output that should be written to the results file:

BONE found @ (3, 1) - (0, 4) : NE

Note the capitalization of the word and cardinal direction, and the spacing between the rest of the words and other characters.

Requirements:

Create a set of functions and structures that solve the puzzle
Write results to a file

WordSearchPuzzle.txt

REKMASRQHFOLOEEIBMOZZQKOHNTLBSCFINILYGRHCZNXTIOYKT
BDSIUACWAWHCLENIIXQNFTPTIHGCLISKUROJODIVERXRVOHIOG
AFIEBMYUXZTDOOSOERRLCVOLOULCEXLHJEIKANXXLMNIOPBMHQ
LXLUIDMHAOKLDDRMBLTRBMBKAUGJSWODTTEQYGIAHUJVPCBOFU
YXIKRRQYBYAWIHDOOPYBEOTZNJGIZZXIRNIWNNXIATIUPSILRR
DBSWQAFEHEXULTEANKXHGCNHCLTIRKEOXACCDYLADSVSTTENBK
MAATEYRTVTZFAANZSAEGOYTLGWAMPUSUJLZHGORELTIOTFDGUI
YTBBBERKCFKSARIUMBWFMJAANIANNODLEOIAFUMQXKNVCYBWJM
VNNXDVAARIMQAADCOZFPXRCEBHNGACKYAKDNTWEYQERNQILGBV
ZJLMPADTYGAEPNRETIHRTCEOLURDLPMFACMJEKXJJUBNJTQVSA
YPRRNROAGGCJVTIMNVGSIWGLNKEMIWAGTAXJOIUNXZLVHJFERA
VSAKUGPEXUAKRUXEKVEQOREEFTDUXMRJBJJHXKLNLBKOPFPHRM
KBUQNLYZSPBPVLVTMHFLEPNACHICKWAQQQAEMBYAYBCTMPCCRN
VIVVCNUPXRRQNAAETBLLSFBECGPIAKWWECPNWBVSWDNERDIDTE
UPZLEKUPBIECSDFRNARVPAELFISUUQJTBLOODYMARYAJOUJESP
RZJEMVYOXLMGDEJYHDNATDSSWRQFAOJWLRIRIGVMFWMLIHOVIX
CIRBQKAIAEMZHGAEAHNQQIFEHFCRMFVMMLDYYZEHRJDNECCILN
PIAUOIMGYWHQLOKRUEGERSDCLSEMFYBOGOBUGNTBRTPIFTILIQ
EQEOIJPYKFDLOTKQSSVBZTHYNEVDKAHRTDRDTSOHGYWGZZILGL
SOPOLJVDNCZPNNAPWRDXIMKHNUUIEBNBIXEOCAOIIHJHJAIHCR
NSKBGJIZYEISEWIEMUYOBDYPXNAKJOKIQUBOCSXWCBTTPLCSWB
GZCGBANSHEESXRJRADSRIMWRGCIDEIGDUWKCUPREPAERTNLFNI
QSABYQBXYGSPJMDSXMOLXDAEEVHABTAHVASYVMWENDIGOFYGGL
HBGQDRARGTVHPPWXRZFCBGOMEAIJDKEYLSDUBSUICNDDLUETEL
JESPXZZSXCPPTSURCEREHNUTENTEISOWHFDBDAPOCIKDQTPCDU
CODRQVYUESYBXGJVANXDQGQTTDBXAAIHMWKGHTUVUNTKSYZJCK
NWGXROBACNYIHQSWKIHVKMXBEWUTRZRDLZVHQNBGKKFIRLQTFS
ZAYEJVZQEEVLOWEREWTCHHCDLJOSUSFGHSEWDACGRFECPQUEYD
DRMRNMDDBDDCHTDPMLOHOMPWOPXZAFWYSRTKEHJAWGYEPPQOUC
NCCRHSGJUGQHHIRWOLTMZNFHCAORGBMTMZHYHPDVRBVLGOIIHT
URENERNHSOZXPURNRQUPJQBIHVXETKUKGEQPREGEROTNEMEDEG
CUAEJDGWOGDSXIPAZNJQDOVWVRDRHTPLIGSTOATZFOBZGVJWFD
HBFXXNNEYFTEYNWACEOVTTSCGRLIHZAKUKFRPLYCANIMBHXVCQ
UFVGMXZEHOMGMXIUCRBJSRNLOWKPCTWUWDBSOACMCUJMUPVZRX
KYGTJXSWLDMQWOLGWAIDAOYGGSHMLBGCYGUPHIKVAAVBQHZWOO
ZTLNEUKCVSEPHUNCHFBPELJLJGXALEVMYBEOPRTVCEPCRCHBNR
OLCOPJEYCUZTSNPVATORBLCJGZPVRIIIPICVQTNACLRKPZHVER
ZUTMQADEATHGNBHQUDMOAWKUGRBDNZTFYGPYHRKSLCSCFBBJNW
TNAUJCDKPJPFPUGPSZAATYIMPMAKQQIMUYIYCIMTJYUUSQDJBT
TRBCDZJMPFBROAATBYLVRVCGVILCYUIDDPZAZCWKYAXHRUUHEW
KTQAKLRJXMNPIBGHCCMEEETSAJROJDFBRZLDCWOTBOAIXAHKRQ
VNRDXBEGQUNHTYTROZTSQRHGIQZBJBUYHTGYHYNAQUQSSCGNGP
CUICBOGEYMANJPDXBZBXANUMSQQWIKGEBMJCMTHGPEDTELLRIJ
TASKXYZEXFNBCIZRYJCLEPLKRGDERUNVJJYFMPWAXIOVTTUZYL
ENNLSALXFGOGAGNOEWFAXPHIASCBMROFMOTNAHPIERUYLMOICQ
TWJDESPROCDISCKNJSCFNQUMTFXRKTETVSSYEHOMEKCWZTZRNO
MRPXYHWBVRIUJAUKOGZTDSJACKALOPEKRAKENZRAWJABROXDFQ
UMIOSMITEVLFIYLSYZYWVBUJLDWEDBKXBDYGGACLUASIGKVLRB
DUICMFAAJAPFFSZTTREATSCSDVCRLRQDHOXDGGKXAWBUIOIAUV
XHCTKQYNRRMAADUCYABPTYQIOUTHASANMHWOWUKWLANPFXFPFZ

WordList.txt

ABACUS
ALIEN
BANSHEE
BASILISK
BAT
BEAST
BEHEMOTH
BLOODYMARY
BOGEYMAN
BONE
BOO
CADAVER
CANDYMAN
CEMETERY
CHUD
CHUPACABRA
COBWEB
COFFIN
CORPSE
CRONENBERG
CRYPT
CTHULHU
DARK
DARKNESS
DEATH
DEMENTOR
DEMON
DEVIL
DUNGEON
EERIE
ELDONNA
ELF
FENRIR
FRIGHT
GHOST
GHOUL
GOBLIN
GORE
GRAVEYARD
HALLOWEEN
HAUNTED
HOMUNCULUS
HYOSUBE
IMP
JACKALOPE
JACKOLANTERN
JINN
KRAKEN
KRAMPUS
KRUEGER
LAMIA
LILIN
LLORONA
LYCAN
MACABRE
MARA
MEDUSA
MIDNIGHT
MORBID
MUMMY
NIGHT
NIGHTMARE
NYMPH
OCTOBER
OGRE
PHANTASM
PHANTOM
POLTERGEIST
PUCKWUDGIE
QAREEN
REAPER
RIP
ROACH
ROBOT
SCREAM
SKULL
SLENDERMAN
SPELL
SPIDER
SPOOKY
TARANTULA
THESTRAL
TOMBSTONE
TREAT
TRICK
TROLL
UNICORN
VAMPIRE
WAMPUS
WARLOCK
WENDIGO
WEREWOLVE
WHITELADY
WRAITH
WYVERN
XIAO
XINDHI
YOKAI
YUREI
ZOMBIE

In: Computer Science

In a recent survey​ conducted, a random sample of adults 18 years of age or older...

In a recent survey​ conducted, a random sample of adults 18 years of age or older living in a certain country were asked their reaction to the word socialism. In​ addition, the individuals were asked to disclose which political party they most associate with. Results of the survey are given in the table. Complete parts ​(a) through ​(c) below.

_ Democrats Independents Republicans
Positive 216 64 158
Negative 270 370 411

(a) Does the evidence suggest individuals within each political affiliation react differently to the word​ "socialism"? Use the

alpha equals 0.05

level of significance.

State the hypotheses.

A.Upper H 0: pSubscript Upper DequalspSubscript Upper RequalspSubscript Upper I

Upper H 1:At least one of the proportions is different from the others.

B.Upper H 0: Political party and reaction are independent.

Upper H 1:Political party and reaction are dependent.

C.Upper H 0:Political party and reaction are dependent.

Upper H 1:Political party and reaction are independent.

D.Upper H 0: OSubscript Upper D equalsESubscript Upper Dand OSubscript Upper R equalsESubscript Upper Rand OSubscript Upper I equalsESubscript Upper I

Upper H 1: At least one mean is different from what is expected.

Compute the​ P-value.

The​ P-value=?

Make the proper conclusion. Choose the correct answer below.

A.Yes​, there is evidence because the​ P-value is greater than alpha.

B.Yes​, there is evidence because the​ P-value is less than alpha.

C.No​, there is no evidence because the​ P-value is greater than alpha.

D.No​, there is no evidence because the​ P-value is less than alpha.

(b) Construct a conditional distribution of reaction by political party.

Democrats Independents Republicans
Positive
Negative

(c) Write a summary about the​ "partisan divide" regarding the reaction to the word​ "socialism."

A.Democrats, Independents, and Republicans all had a majority negative reaction. The proportions are likely to be equal.

B.Republicans and Independents are far more likely to react negatively to the word ​"socialism" than Democrats are. All groups had a majority negative reaction.

C.Democrats are far more likely to react negatively to the word​"socialism" than Independents and Republicans are. All groups had a majority negative reaction.

D.Republicans and Democrats are far more likely to react negatively to the word​ "socialism" than Independentsare. All groups had a majority negative reaction.

In: Statistics and Probability

2. Single step the instructions.s program through at least two exceptions. Make sure that you see...

2. Single step the instructions.s program through at least two exceptions. Make sure that you see how the flow of control is changed by comparing the source code with PCSpim windows, pay particular attention to all registers.

Question 2 (0.4): how do you recognise that the normal program flow has been interrupted?

Question 3 (0.5): how can you find out what exception condition has occurred and what caused it?

#--------------------instruction.s---------------------
# This program implements:
#       sum = 0;
#       i = 9;
#       do {
#               sum = sum + A[9-i]
#               B[9-i] = sum;
#               i--;
#       }
#       until (i = 0) 


                .globl main     
main:
                add     $t2, $0, $0     # sum = 0  (sum is in $t2)
                add     $t1, $0, $0     # Set $t1 to point to beginning of data
                lw      $t4, 84($t1)    # Constant 4 stored in $t4
                lw      $t0, 88($t1)    # Constant 9 stored in $t0 (i)
                lw      $t5, 92($t1)    # Constant -1 stored in $t5
                add     $t1, $t1,$t4    # A starts at 4 (move $t1 to point to A)
loop:
                lw      $t3, 0($t1)     # $t3 has A[k]
                add     $t2, $t2, $t3   # sum = sum + A[k]
                sw      $t2, 40($t1)    # B[k] = sum
                add     $t1, $t1, $t4   # update address pointer
                add     $t0, $t0, $t5   # i--
                beq     $t0, $0, done   # if i = 0 go to done
                j       loop            # if i > 0 go to loop
done:   
                add     $t1, $0, $0     # Set $t1 to point to beginning of data
                sw      $t2, 0($t1)     # sum is stored
                li      $v0, 4          # print_str
                la      $a0, message    # load address of string 
                syscall                 #
                li      $v0, 1          # print_int
                lw      $a0, sum        # load integer value
                syscall                 #
                jr      $ra             # return to the main program
                add     $0, $0, $0      # nop


                .data
sum:            .word   0
A:              .word   0, 1, 2, 3, 4, 5, 6, 7, 8, 9
B:              .word   0, 0, 0, 0, 0, 0, 0, 0, 0, 0
Four:           .word   4
Nine:           .word   9
Minus1:         .word   -1
message:        .asciiz "\nThe value of sum is:  

In: Computer Science

c++ ///////////////////////////////////////////////////////////////////////// need to be named Subsequences.h and pass test cpp file SubsequenceTester.cpp at the end...

c++

/////////////////////////////////////////////////////////////////////////

need to be named Subsequences.h and pass test cpp file SubsequenceTester.cpp at the end of this question.

This assignment will help you solve a problem using recursion

Description

A subsequence is when all the letters of a word appear in the relative order of another word.

  • Pin is a subsequence of Programming
  • ace is a subsequence of abcde
  • bad is NOT a subsequence abcde as the letters are not in order

This assignment you will create a Subsequence class to do the following:

  • Add a constructor that takes only a single word argument
  • Add a bool isSubsequence(string sub); a method that will return true if sub is a subsequence of the original word.
  • Overload the operator<< using a friend function, such that information is given about the class. This will be used for your own debugging

Hints

Think about the following questions to help you set up the recursion...

  • What strings are subsequences of the empty string
  • What happens if the first character of the subsequence matches the first character of the text?
  • What happens if it doesn't

Submission

To get you thinking of data good test cases, only the example test cases have been provided for you in the SubsequenceTester.cpp. It is your responsibility to come up with several other test cases. Think of good ones

////////////////////////////////////////////////////

SubsequenceTester.cpp

#include <iostream>
#include "Subsequences.h"

using namespace std;

void checkCase(string, string, string, bool);

int main()
{
    /**
        Add several more test cases to thoroughly test your data
        checkCase takes the following parameters (name, word, possible subsequence, true/false it would be a subsequence)
    **/

    checkCase("Case 1: First Letter", "pin", "programming", true);
    checkCase("Case 2: Skipping Letters", "ace", "abcde", true);
    checkCase("Case 3: Out of order", "bad", "abcde", false);

    return 0;
}


void checkCase(string testCaseName, string sub, string sentence, bool correctResponse){
    Subsequences s(sentence);
    if(s.isSubsequence(sub) == correctResponse){
        cout << "Passed " << testCaseName << endl;
    }
    else{
        cout << "Failed " << testCaseName << ": " << sub << " is " << (correctResponse? "": "not ") << "a subsequence of " << sentence << endl;
    }
}

In: Computer Science

c++ ///////////////////////////////////////////////////////////////////////// need to be named Subsequences.h and pass test cpp file SubsequenceTester.cpp at the end...

c++

/////////////////////////////////////////////////////////////////////////

need to be named Subsequences.h and pass test cpp file SubsequenceTester.cpp at the end of this question.

This assignment will help you solve a problem using recursion

Description

A subsequence is when all the letters of a word appear in the relative order of another word.

  • Pin is a subsequence of Programming
  • ace is a subsequence of abcde
  • bad is NOT a subsequence abcde as the letters are not in order

This assignment you will create a Subsequence class to do the following:

  • Add a constructor that takes only a single word argument
  • Add a bool isSubsequence(string sub); a method that will return true if sub is a subsequence of the original word.
  • Overload the operator<< using a friend function, such that information is given about the class. This will be used for your own debugging

Hints

Think about the following questions to help you set up the recursion...

  • What strings are subsequences of the empty string
  • What happens if the first character of the subsequence matches the first character of the text?
  • What happens if it doesn't

Submission

To get you thinking of data good test cases, only the example test cases have been provided for you in the SubsequenceTester.cpp. It is your responsibility to come up with several other test cases. Think of good ones

////////////////////////////////////////////////////

SubsequenceTester.cpp

#include <iostream>
#include "Subsequences.h"

using namespace std;

void checkCase(string, string, string, bool);

int main()
{
    /**
        Add several more test cases to thoroughly test your data
        checkCase takes the following parameters (name, word, possible subsequence, true/false it would be a subsequence)
    **/

    checkCase("Case 1: First Letter", "pin", "programming", true);
    checkCase("Case 2: Skipping Letters", "ace", "abcde", true);
    checkCase("Case 3: Out of order", "bad", "abcde", false);

    return 0;
}


void checkCase(string testCaseName, string sub, string sentence, bool correctResponse){
    Subsequences s(sentence);
    if(s.isSubsequence(sub) == correctResponse){
        cout << "Passed " << testCaseName << endl;
    }
    else{
        cout << "Failed " << testCaseName << ": " << sub << " is " << (correctResponse? "": "not ") << "a subsequence of " << sentence << endl;
    }
}

In: Computer Science

Hello I need a small fix in my program. I need to display the youngest student...

Hello I need a small fix in my program. I need to display the youngest student and the average age of all of the students. It is not working Thanks.

#include <iostream>

#include <iomanip>

#include <fstream>

#include <vector>

#include <algorithm>

using namespace std;

struct Student {

string firstName;

char middleName;

string lastName;

char collegeCode;

int locCode;

int seqCode;

int age;

};

struct sort_by_age {

inline bool operator() (const Student& s1, const Student& s2)

{

return (s1.age < s2.age); // sort according to age of student

}

};

// main function to run program

int main() {

//CHANGE: vector students; TO vector students;

vector<Student> students; // create vector object to hold students data

ifstream Myfile; // create input file stream object

Myfile.open("a2data.txt"); // open file

// check if file is open

if (!Myfile.is_open()) {

// display error message if file could not be opened

cout << "Could not open the file!";

return 0; //terminate

}

//CHANGE: vector words; TO vector words;

vector<string> words; // create vector object to store words from input file

//read input from file line by line

string line;

while (!Myfile.eof()) {

getline(Myfile, line); // readline from input file stream

line.c_str(); // convert string in to char array

// file given in eample does not contain one record each line

// but it hase some patern for reading

// each word is seprated by space

//read the liine till space is encountered and get the word

int i = 0; // iterator to iterate over line

string word = "";

while (line[i] != '\0') {

// loop till end of line

if (line[i] != ' ') {

word = word + line[i]; // build word with char

i++;

}

else {

if(word!="")

words.push_back(word); // add word to vector

word = ""; //reset word to empty string

i++; //ignore white space

}

}//end of line

words.push_back(word); // add word to vector

}//end of file

//when done reading input from file close the file stream

Myfile.close();

int count = 0; // counts the words proceesed from vector object words

string fname = words.at(count); // variable to store first name of student

count++; //move to next element in the vector

//CHANGE: count < words.size() TO count < words.size() - 2

// at least two words are read in an iteration, so at least two should remain to be read - last name + student id

while (count < words.size() - 2) {

// loop till end of vector words

// create student object

Student s;

//assign first name to student

s.firstName = fname;

//next element in words is middle name

//assign first char to middle name

string mname = words.at(count);

s.middleName = mname[0];

count++;

//next element is last name of student

//assign next word to student

s.lastName = words.at(count);

//CHANGE: start

//If there was no middle name, this is the student id + first name of next student

if(words.at(count).size() >= 12) // college code + locCode + seq + age

{

if(words.at(count)[1] >= '0' && words.at(count)[1] <= '9') // if second character is a digit

{

// this is the student id field, and there is no middle name

count --; // move one step back for next iteration

s.middleName = ' '; //blank middle name

s.lastName = words.at(count);

}

}

//CHANGE: end

count++;

//next element is student id + first name of next student

//id contains college code at first latter

string id = words.at(count);

count++;

//assign college code to the student

s.collegeCode = id[0];

//next 2 char in id contain location

string loc = "";

loc = loc + id[1];

loc = loc + id[2];

// assign location to student

s.locCode = stoi(loc); // convert string to integer

//next 6 char in id contain seqcode

string seq = "";

for (int j = 3; j < 9; j++) {

seq = seq + id[j];

}

// assign seqcode to student

s.seqCode = stoi(seq); //convert string to int

//next 3 char in id contains age

string age = "";

age = age + id[9];

age = age + id[10];

age = age + id[11];

//assign age to student

s.age = stoi(age); // convert string to int

//remainig latters in id contains next student's first name

// delete id of previous student to get name of next student

fname = id.erase(0, 12); // delete first 12 char from id and assign remaining to fname

// add student to student

students.push_back(s);

}

// clear the vector as done working with words

words.clear();

//sort vector according to age of students

sort(students.begin(), students.end(), sort_by_age());

// formating output

cout << setw(15) << left << "Last Name";

cout << setw(15) << left << "Midlle Name";

cout << setw(15) << left << "First Name";

cout << setw(15) << left << "College Code";

cout << setw(12) << left << "Location";

cout << setw(12) << left << "Sequence";

cout << setw(12) << left << "Age" << endl;

cout << "=======================================================================================" << endl;

// print all students

for (int i = 0; i < students.size(); i++) {

cout << setw(15) << left << students.at(i).lastName;

cout << setw(15) << left << students.at(i).middleName;

cout << setw(20) << left << students.at(i).firstName;

cout << setw(13) << left << students.at(i).collegeCode;

cout << setw(10) << left << students.at(i).locCode;

cout << setw(12) << left << students.at(i).seqCode;

cout << students.at(i).age << endl;

}

//print average age

cout << endl;

  

int avg_age = ageCalc(arry, youngest);

cout<<"Average age is: "<<avg_age<<endl;

cout<<"Youngest student is "<<youngest->firstName<<" "<<youngest->MiddleN<<" "<<youngest->LastN<<endl;

for(int i=0; i<index; i++){

delete arry[i];

}

return 0;

}

int ageCalc(Student *studs[], Student *&youngest){

youngest = studs[0];

int i = 0;

int avg_age = 0;

while(studs[i]!=NULL){

avg_age += studs[i]->age;

if(youngest->age>studs[i]->age)

youngest = studs[i];

i++;

}

return avg_age/i;

}

File needed:

https://drive.google.com/file/d/15_CxuGnFdnyIj6zhSC11oSgKEYrosHck/view?usp=sharing

In: Computer Science

explain why liquidity risk and credit in the financialcrisisin 300 word

explain why liquidity risk and credit in the financial crisis


In: Operations Management

Prepare a title page for this Annual Report (in Word). The name of this report is:

 

1. Page 1 of report:

Prepare a title page for this Annual Report (in Word). The name of this report is:

Annual Report of the Cancer Program, 2018

Hospital Name (make one up)

Your City, State

Prepared by: student name

2. Page 2 of report:

Include an Introduction, explaining the purpose of the report.

Prepare an alphabetical listing of the Cancer Committee members. They include:

A. F. Catherson, M.D.

C. P. Tomeko, M.D.

A. B. Nichols, M.D.

L. E. Smith, D.O.

C. D. Seagram, D.O.

B.W. Ye, M.D.

 

                Include also the Cancer Program Components in alphabetical order:

Home Health

Hospice

Multidisciplinary Cancer Committee

Cancer Registry

Radiation Oncology

Chemotherapy

Tumor Conference

Surgery

Diagnostic Radiology

Respite Care

Oncology Nursing Unit

Social Service

Chaplain Services

Nutrition Services

Laboratory and Histology

Pharmacy

Patient Support Group

American Cancer Society Support Group

 

3. Page 3 of report and Subsequent pages: develop graphs and charts based upon the data provided on pages 4 & 5 of this instructions document.

Page 3: Prepare a pie graph of total cases by site in 2017

Page 4: Prepare a column graph indicating the age distribution

Page 5: Prepare a pie chart indicating the stage at diagnosis.

Pages 6 and 7: Prepare a bar graph of males by site and females by site

Page 8: Prepare a line graph indicating the incidence of lung cancer cases over a five year period.

Page 9: Prepare a graph (choose an appropriate one) for age at diagnosis for lung cancer.

Page 10: Prepare a graph (choose an appropriate one) of how the diagnosis of lung cancer was made.

Page 11: Prepare a graph (choose an appropriate one) of the histology of lung cancer.

Page 12: Prepare a bar graph of lung cancer treatment

 

In: Statistics and Probability

2. In a Microsoft Word document, respond to the following: Recently, on the news there was...

2. In a Microsoft Word document, respond to the following:

Recently, on the news there was a story about how a local city found itself in quite a financial bind due to the contracts the mayor had signed with the employees union. The contracts were so generous that it left the city with very little money for other things, like parks and festivals. Unfortunately, this type of agency problem is not unique. We see similar problems when school boards agree to contracts with teachers unions. However, we shouldn't think of these outcomes as specific to government officials and public employees' unions. We can see it in our own class. Throughout the course, you were asked to evaluate your team members' performances. While there were a couple of people who rated others critically, most rated everyone either at a perfect score of "10" or close to it.

One of the keys to effective management (and economics) is to recognize incentives. In no more than a one page answer, please explain two things. First, explain how both situations (the city and the class) described above are agency problems. (Be sure to identify who is (are) the principal(s) and who is (are) the agent(s).) And second, how can the incentives be changed to get better results for both the listed contracts and for this class?

In: Economics