Questions
Assess the validity of the following: If true, mark true; if false, explain why the statement...

Assess the validity of the following: If true, mark true; if false, explain why the statement is false.  

  1. An increase in disposable income decreases the quantity demanded of inferior goods.
  2. Constant elasticity demand curves imply that expenditure (or revenue) always stay the same.
  3. Marginal Revenue is positive as long as Total Revenue is also positive.
  4. If in a model with only two goods the MRSX, Y is constant and greater than the price ratio PX/PY, the consumer buys no X.
  5. The law of diminishing returns does not apply if the Total Product of labor were to be linear.
  6. If over the relevant range the Price Consumption Curve for good Y is parallel to the y-axis, the demand for good X is perfectly inelastic.
  7. In stage I of the production process, Total Product always increases at an increasing rate.

In: Economics

Real Fruit Juice (Raw Data, Software Required): A 32 ounce can of a popular fruit drink...

Real Fruit Juice (Raw Data, Software Required):
A 32 ounce can of a popular fruit drink claims to contain 20% real fruit juice. Since this is a 32 ounce can, they are actually claiming that the can contains 6.4 ounces of real fruit juice. The consumer protection agency samples 30 such cans of this fruit drink. The amount of real fruit juice in each can is given in the table below. Test the claim that the mean amount of real fruit juice in all 32 ounce cans is 6.4 ounces. Test this claim at the 0.01 significance level.

(a) What type of test is this?

This is a left-tailed test.

This is a two-tailed test.    

This is a right-tailed test.


(b) What is the test statistic? Round your answer to 2 decimal places.
t-x= ?

(c) Use software to get the P-value of the test statistic. Round to 4 decimal places.
P-value = ?

(d) What is the conclusion regarding the null hypothesis?

reject H0

fail to reject H0    


(e) Choose the appropriate concluding statement.

There is enough data to justify rejection of the claim that the mean amount of real fruit juice in all 32 ounce cans is 6.4 ounces.

There is not enough data to justify rejection of the claim that the mean amount of real fruit juice in all 32 ounce cans is 6.4 ounces.    

We have proven that the mean amount of real fruit juice in all 32 ounce cans is 6.4 ounces.

We have proven that the mean amount of real fruit juice in all 32 ounce cans is not 6.4 ounces.

    
    DATA ( n = 30 )
Real Juice
ounces   
6.32
6.55
6.56
6.39
6.27
6.02
6.29
6.06
6.11
6.05
6.51
6.02
6.51
6.01
6.65
6.34
6.54
6.46
5.97
6.12
6.23
6.27
5.80
6.59
5.72
6.71
6.46
6.76
6.32
6.26

In: Math

Which of the following will give you a sum of numbers equal to 15 1. s...

Which of the following will give you a sum of numbers equal to 15

1.

s = 0
for i in [9,5,1]:
    s = s + i

2.

All of the above.

3.

sum(list((9,5,1)))

4.

None of the above.

5.

s = 0
for i in [9,5,1]:
    s += i

In: Computer Science

Discuss the relationship between the neutrality (and super-neutrality) of money and the quantity theory of money....

Discuss the relationship between the neutrality (and super-neutrality) of money and the quantity theory of money. Does either of them imply the other?

In: Economics

Refer to “Stress test your strategy- The 7 questions to ask”. Do you believe that these...

Refer to “Stress test your strategy- The 7 questions to ask”.

Do you believe that these seven strategy questions are more than enough to stress test the strategy of an organization or as a future strategist, would you like to consider other additional questions which would also facilitate in assessing the strategy of a company?

What would be those questions?

Provide the justification of your point of view in this regard.

In: Operations Management

How has your experience at the residency session improved your practical knowledge of Physical Security? What...

  1. How has your experience at the residency session improved your practical knowledge of Physical Security?
  2. What are some key takeaways that you will try an implement in your career as you move forward?
  3. What have you learned about working collaboratively to achieve an end goal?

In: Computer Science

How has your experience at the residency session improved your practical knowledge of Physical Security? What...

  1. How has your experience at the residency session improved your practical knowledge of Physical Security?
  2. What are some key takeaways that you will try an implement in your career as you move forward?
  3. What have you learned about working collaboratively to achieve an end goal?

In: Computer Science

Like nickel, iron can also be purified using a carbonyl compound. Iron purified this way is...

Like nickel, iron can also be purified using a carbonyl compound. Iron purified this way is called carbonyl iron, and the iron has an oxidation state of zero. Briefly rationalize why iron(III) does not form a complex with carbonyls whereas iron(0) does. Based on the EAN rule, speculate on the most likely homoleptic carbonyl complex formed by iron(0).

In: Chemistry

Please explain the best practices for creating backups in Windows, Linux, and Mac OS X in...

Please explain the best practices for creating backups in Windows, Linux, and Mac OS X in a paragraph or two.

In: Computer Science

Choose six dimensions of your identity that are important to you. This can include anything that...

  1. Choose six dimensions of your identity that are important to you. This can include anything that you feel is significant. Possible dimensions could include (but aren’t limited to) race, culture, ethnicity, gender, sexual orientation, physical ability, religion, socioeconomic status, education, age, role, appearance, hobbies, and special skills. You can also include core attributes such as funny, generous, artistic, etc.

In: Nursing

On SQL explain Views, Union All,  Union, Truncate, Delete. And how we create Accounts in SQL Server?

On SQL explain Views, Union All,  Union, Truncate, Delete. And how we create Accounts in SQL Server?

In: Computer Science

Your task is to build a wastewater treatment plant to handle all of the domestic wastewater...

Your task is to build a wastewater treatment plant to handle all of the domestic wastewater produced by a housing estate. Using population equivalent, PE = 65000, design, describe and calculate briefly the sizes of all the unit processes in the treatment plant that are going to be built.

In: Civil Engineering

You work as a communication specialist at Warby Parker, reporting to co-CEO David Gilboa. Using the...

You work as a communication specialist at Warby Parker, reporting to co-CEO David Gilboa. Using the skills you’ve been practicing in this course, respond to this challenge:

You’re helping Gilboa prepare a report about the company. Gilboa characterizes the report as a “public business plan,” in that it will discuss the company and its objectives, strategies, and operations without disclosing the sort of confidential information that a typical business plan includes. The secondary audience includes potential investors, employees, and business partners.

To help overcome shoppers’ reluctance to buy eyewear online, Warby Parker offers Try-On in the stores, giving them to opportunity order five pairs of frames, try them on in the stores, then decide which pair they would like to order. This gives shoppers lots of time to try on the frames they are considering and get the opinions of family and friends.

On the job (Internal, Unsolicited Proposal)
Write a 3-5 page internal proposal to your boss or supervisor. Select one of the topics below listed as A-D, and make sure to include it as one of your headings. Remember to include additional headings or sub-headings for each section in the proposal that explain this program- i.e. Background, Solution, Recommendation. Make sure to correctly identify and analyze your audience, as well as any possible secondary audiences. Usually, the person to whom you submit your proposal is in a position to order the implementation of the change recommended.

  1. Home Try-On: Making online shopping even better than in-store shopping.
  2. Home-Try On: Our tried and true way to eliminate the risk of buying eyewear online.
  3. Home Try-On: Now you can try on five frames in the comfort of your own home.
  4. Home Try-On: How we can reduce a major perceived risk in the Warby business model.

In: Operations Management

Provide your perspective on the following: What are the main characteristics of a perfectly competitive market...

Provide your perspective on the following: What are the main characteristics of a perfectly competitive market that cause buyers and sellers to be price takers? Explain. How “perfectly” competitive do you think are the following markets: (1) stock market, (2) bond market, (3) foreign exchange market, (4) world sugar market, and (5) world oil market? Explain.

In: Economics

In Logistical and Sustainability Challenges in the Sharing Economy: how does the SE affect the logistics...

In Logistical and Sustainability Challenges in the Sharing Economy: how does the SE affect the logistics industry? How does it challenge it? How do traditional and crowd logistics influence each other? Do consumers play an autonomous logistics role? The financial and operational viability of such new logistics models and firms could be examined.

And Also

The Sharing Economy and its Implications for Sustainable Value Chains: How can sharing economy improve allocation and usage efficiency along the value chain? How can the sharing economy help to cope with the growing environmental problems of consumption? How will the sharing economy create new visions for resources conservation and recycling activities?

In: Operations Management