Chris, Sarah, and Hillary want to fly to Orlando for Thanksgiving. C.pdf
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Chris, Sarah, and Hillary want to fly to Orlando for Thanksgiving. Checking flight schedules, they find that American has 4 flights, Delta has 7 flights, and United has 6 flights, all of which flights still have lots of seats left. If each of Chris, Sarah, and Hillary selects a flight. What are the total number of outcomes? Solution 4+7+6 = 17 17*17*17 = 4913.
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China’s investment is largely financed out ofa) equity financing.pdf
China’s investment is largely financed out of:
a) equity financing
b) none of the above
c) debt financing
d) profits
Solution
Correct option: (D) Profits
Since China is known for its very low labor costs and high production for exports, it earns
massive amounts of profits from production and thus it does not need to rely on other sources for
investment. Profits are enough for them to reinvest and earn more..
Checkable deposits are classified as money becauseQuestion 1 opti.pdf
Checkable deposits are classified as money because:
Question 1 options:
they can be readily used in purchasing goods and paying debts.
banks hold currency equal to the value of their checkable deposits.
they are ultimately the obligations of the Treasury.
they earn interest income for the depositor.
Save
Question 2 (1 point)
Question 2 options:
$1.20.
$1.25.
$0.80.
$1.10.
Save
Question 3 (1 point)
Coins in people\'s pockets and purses are:
Question 3 options:
included in M1 but not in M2.
included both in M1 and in M2.
included in M2 but not in M1.
excluded from M1 and M2 because people can exchange them for Federal Reserve notes.
Save
Question 4 (1 point)
The various lender-of-last-resort programs implemented by the Fed in response to the financial
crisis of 2007 and 2008:
Question 4 options:
severely depleted the assets of the Federal Reserve.
have been little used, and therefore are ineffective.
increased the moral hazard problem by limiting losses from bad financial decisions.
were designed to offset the moral hazard created by the TARP and other bailout programs.
Save
Question 5 (1 point)
Currency (paper money plus coins) constitutes about:
Question 5 options:
24 percent of the U.S. M1 money supply.
45 percent of the U.S. M1 money supply.
51 percent of the U.S. M1 money supply.
55 percent of the U.S. M1 money supply.
Save
Question 6 (1 point)
(Consider This) Credits cards are:
Question 6 options:
the fastest growing component of the M1 money supply.
near-monies that are part of the M2 money supply but not the M1 money supply.
not money, as officially defined.
also known as time deposits.
Save
Question 7 (1 point)
The money supply is backed:
Question 7 options:
by the government\'s ability to control the supply of money and therefore to keep its value
relatively stable.
by government bonds.
dollar-for-dollar by gold and silver.
by gold reserves representing a fraction of the total value of dollars in circulation.
Save
Question 8 (1 point)
The purchasing power of money and the price level vary:
Question 8 options:
inversely.
directly during recessions but inversely during inflations.
directly but not proportionately.
directly and proportionately.
Save
Question 9 (1 point)
Which of the following financial institutions was acquired by Bank of America as a result of the
financial crisis of 2007 and 2008?
Question 9 options:
Merrill Lynch
Lehman Brothers
Goldman Sachs
AIG
Save
Question 10 (1 point)
TIAA-CREF, Teamsters\' Union, and CalPERS are all primarily:
Question 10 options:
commercial banks.
thrifts.
insurance companies.
pension funds.
Save
Question 11 (1 point)
If you place a part of your summer earnings in a savings account, you are using money primarily
as a:
Question 11 options:
medium of exchange.
store of value.
unit of account.
standard of value.
Save
Question 12 (1 point)
Assuming no other changes, if checkable deposits decrease by $40 billion and balances in money
market mutual funds increase by $40 billion, the:
Question 12 opti.
Chill has decided to purchase a new stereo system. The system will i.pdf
Chill has decided to purchase a new stereo system. The system will include a speaker, a receiver,
a CD player, and a sub-woofer. At Best Buy there are 10 different receivers, 5 sets of speakers, 4
brands pf CD players and 8 kinds of sub woofers. How many systems can Chill create ?
Solution
10*5*4*8=1600.
CHAPTER 81. Consider using the addition rule when simple outcome.pdf
CHAPTER 8
1. Consider using the addition rule when simple outcomes are connected by the word
a) and.
b) if.
c) but.
d) or.
2. An entire set of probabilities always sums to
a) some non-negative number.
b) some number between zero and one.
c) some positive number.
d) one.
3. A random selection of registered voters within the state of Nevada guarantees that
a) at least some registered voters will be selected from Reno.
b) at least some registered voters will be selected from each county.
c) all registered voters have an equal chance of being selected.
d) all registered voters will be adequately represented.
4. The random assignment of subjects to two or more experimental groups tends to produce
groups that are
a) equal at the outset of the experiment.
b) similar at the outset of the experiment.
c) noticeably different at the outset of the experiment.
d) noticeably different at the end of the experiment.
5. The probability that any offspring of alcoholic parents will be alcoholic equals .20. Therefore,
assuming independent outcomes, the probability that two children of alcoholic parents both will
be alcoholic equals
a) .04
b) .10
c) .20
d) .40
6. Whether or not a sample is random depends entirely on the
a) outcome.
b) accuracy of the outcome.
c) size of the sample.
d) selection process.
7. Assume that in a statistics class the probability of receiving a grade of A equals .30 and the
probability of receiving a grade of B equals .30. The probability that a randomly selected student
from this class will receive a grade other than an A or a B equals
a) .09
b) .36
c) .40
d) .91
8. Statisticians often wish to determine whether random outcomes can be viewed as either
a) true or false.
b) real or theoretical.
c) biased or unbiased.
d) common or rare.
9. Assume that in a statistics class the probability of receiving a grade of A equals .30 and the
probability of receiving a grade of B equals .30. The probability that a randomly selected student
from this class will receive either an A or a B equals
a) .09
b) .30
c) .60
d) .90
10. Consider using the multiplication rule when simple outcomes are connected by the word
a) and.
b) if.
c) but.
d) or.
CHAPTER 9
11. A random sample of 100 college students is taken from the student body of a large university
Assume that, in fact, a population mean of 20 hours and a population standard deviation of 15
hours describe the weekly study estimates for the entire student body. About 68 percent of the
sample means in this sampling distribution should be between
a) 18.50 and 21.50 hours.
b) 16.50 and 20.50 hours.
c) 19 and 21 hours.
d) 17 and 23 hours.
12. A random sample of 100 college students is taken from the student body of a large university
Assume that, in fact, a population mean of 20 hours and a standard deviation of 15 hours
describe the weekly study estimates for the entire student body. Therefore, the sampling
distribution of the mean has a mean that
a) approximates 20 hours.
b) equals 20 hours.
c) lies within a.
Classify the following variable as nominal, ordinal, discrete or con.pdf
Classify the following variable as nominal, ordinal, discrete or continuous and state why: number
of US Senators
Solution
Discrete: the values of the variable may be found by counting and can be assigned
numbers such as the number of U.S. Senators. Discrete is a quantitative variable because it is
countable and can be assigned values, such as numbers or height and weight or number for each
U.S. senators.
Clearer picture httpi40.tinypic.com7148s1.jpg Find the domain o.pdf
Clearer picture: http://i40.tinypic.com/7148s1.jpg Find the domain of the following function.
Write the answer is interval indicates. -2 / 1- t2 1-5
Solution
a)15^t
ln1 >ln 5^t
ln1/ln5 >t
t<0
t E (- inf,o).
classify the following Differential equations as, Seperable, linear,.pdf
classify the following Differential equations as, Seperable, linear, exact, homogeneous, or
bernoulli: DO NOT SOLVE
a. (y^2+1)dx = ysec^x dy
b. y(lnx-lny)dx = (xlnx - xlny - y)dy
c. (6x+1)y^2 dy/dx +3x^2 +2y^3 = 0
d. dy/dx = - (3y^2+2x) / (4y^2 +6xy)
Solution
(a) separable (b) exact (c) exact (d) homogeneous.
Clark and Antony are two old friends. LetAbe the event that Clark wi.pdf
Clark and Antony are two old friends. LetAbe the event that Clark will attend Antony’s
funeral andBbe the event that Antony will attend Antony will attend Clark’s funeral.
AreAandBindependent. Prove your answer.
Solution
No, they are not independent.
Since, say P(A) = 0.2 (say)
But, P(A | B) = 0 as this the probability tha clark attends antony\'s funeral given clark has died
(as implied by event B)
But for independent events, P(A | B) = P(A)
Hence, A and B are dependent.
Recommended
China’s investment is largely financed out ofa) equity financing.pdf
China’s investment is largely financed out of:
a) equity financing
b) none of the above
c) debt financing
d) profits
Solution
Correct option: (D) Profits
Since China is known for its very low labor costs and high production for exports, it earns
massive amounts of profits from production and thus it does not need to rely on other sources for
investment. Profits are enough for them to reinvest and earn more..
Checkable deposits are classified as money becauseQuestion 1 opti.pdf
Checkable deposits are classified as money because:
Question 1 options:
they can be readily used in purchasing goods and paying debts.
banks hold currency equal to the value of their checkable deposits.
they are ultimately the obligations of the Treasury.
they earn interest income for the depositor.
Save
Question 2 (1 point)
Question 2 options:
$1.20.
$1.25.
$0.80.
$1.10.
Save
Question 3 (1 point)
Coins in people\'s pockets and purses are:
Question 3 options:
included in M1 but not in M2.
included both in M1 and in M2.
included in M2 but not in M1.
excluded from M1 and M2 because people can exchange them for Federal Reserve notes.
Save
Question 4 (1 point)
The various lender-of-last-resort programs implemented by the Fed in response to the financial
crisis of 2007 and 2008:
Question 4 options:
severely depleted the assets of the Federal Reserve.
have been little used, and therefore are ineffective.
increased the moral hazard problem by limiting losses from bad financial decisions.
were designed to offset the moral hazard created by the TARP and other bailout programs.
Save
Question 5 (1 point)
Currency (paper money plus coins) constitutes about:
Question 5 options:
24 percent of the U.S. M1 money supply.
45 percent of the U.S. M1 money supply.
51 percent of the U.S. M1 money supply.
55 percent of the U.S. M1 money supply.
Save
Question 6 (1 point)
(Consider This) Credits cards are:
Question 6 options:
the fastest growing component of the M1 money supply.
near-monies that are part of the M2 money supply but not the M1 money supply.
not money, as officially defined.
also known as time deposits.
Save
Question 7 (1 point)
The money supply is backed:
Question 7 options:
by the government\'s ability to control the supply of money and therefore to keep its value
relatively stable.
by government bonds.
dollar-for-dollar by gold and silver.
by gold reserves representing a fraction of the total value of dollars in circulation.
Save
Question 8 (1 point)
The purchasing power of money and the price level vary:
Question 8 options:
inversely.
directly during recessions but inversely during inflations.
directly but not proportionately.
directly and proportionately.
Save
Question 9 (1 point)
Which of the following financial institutions was acquired by Bank of America as a result of the
financial crisis of 2007 and 2008?
Question 9 options:
Merrill Lynch
Lehman Brothers
Goldman Sachs
AIG
Save
Question 10 (1 point)
TIAA-CREF, Teamsters\' Union, and CalPERS are all primarily:
Question 10 options:
commercial banks.
thrifts.
insurance companies.
pension funds.
Save
Question 11 (1 point)
If you place a part of your summer earnings in a savings account, you are using money primarily
as a:
Question 11 options:
medium of exchange.
store of value.
unit of account.
standard of value.
Save
Question 12 (1 point)
Assuming no other changes, if checkable deposits decrease by $40 billion and balances in money
market mutual funds increase by $40 billion, the:
Question 12 opti.
Chill has decided to purchase a new stereo system. The system will i.pdf
Chill has decided to purchase a new stereo system. The system will include a speaker, a receiver,
a CD player, and a sub-woofer. At Best Buy there are 10 different receivers, 5 sets of speakers, 4
brands pf CD players and 8 kinds of sub woofers. How many systems can Chill create ?
Solution
10*5*4*8=1600.
CHAPTER 81. Consider using the addition rule when simple outcome.pdf
CHAPTER 8
1. Consider using the addition rule when simple outcomes are connected by the word
a) and.
b) if.
c) but.
d) or.
2. An entire set of probabilities always sums to
a) some non-negative number.
b) some number between zero and one.
c) some positive number.
d) one.
3. A random selection of registered voters within the state of Nevada guarantees that
a) at least some registered voters will be selected from Reno.
b) at least some registered voters will be selected from each county.
c) all registered voters have an equal chance of being selected.
d) all registered voters will be adequately represented.
4. The random assignment of subjects to two or more experimental groups tends to produce
groups that are
a) equal at the outset of the experiment.
b) similar at the outset of the experiment.
c) noticeably different at the outset of the experiment.
d) noticeably different at the end of the experiment.
5. The probability that any offspring of alcoholic parents will be alcoholic equals .20. Therefore,
assuming independent outcomes, the probability that two children of alcoholic parents both will
be alcoholic equals
a) .04
b) .10
c) .20
d) .40
6. Whether or not a sample is random depends entirely on the
a) outcome.
b) accuracy of the outcome.
c) size of the sample.
d) selection process.
7. Assume that in a statistics class the probability of receiving a grade of A equals .30 and the
probability of receiving a grade of B equals .30. The probability that a randomly selected student
from this class will receive a grade other than an A or a B equals
a) .09
b) .36
c) .40
d) .91
8. Statisticians often wish to determine whether random outcomes can be viewed as either
a) true or false.
b) real or theoretical.
c) biased or unbiased.
d) common or rare.
9. Assume that in a statistics class the probability of receiving a grade of A equals .30 and the
probability of receiving a grade of B equals .30. The probability that a randomly selected student
from this class will receive either an A or a B equals
a) .09
b) .30
c) .60
d) .90
10. Consider using the multiplication rule when simple outcomes are connected by the word
a) and.
b) if.
c) but.
d) or.
CHAPTER 9
11. A random sample of 100 college students is taken from the student body of a large university
Assume that, in fact, a population mean of 20 hours and a population standard deviation of 15
hours describe the weekly study estimates for the entire student body. About 68 percent of the
sample means in this sampling distribution should be between
a) 18.50 and 21.50 hours.
b) 16.50 and 20.50 hours.
c) 19 and 21 hours.
d) 17 and 23 hours.
12. A random sample of 100 college students is taken from the student body of a large university
Assume that, in fact, a population mean of 20 hours and a standard deviation of 15 hours
describe the weekly study estimates for the entire student body. Therefore, the sampling
distribution of the mean has a mean that
a) approximates 20 hours.
b) equals 20 hours.
c) lies within a.
Classify the following variable as nominal, ordinal, discrete or con.pdf
Classify the following variable as nominal, ordinal, discrete or continuous and state why: number
of US Senators
Solution
Discrete: the values of the variable may be found by counting and can be assigned
numbers such as the number of U.S. Senators. Discrete is a quantitative variable because it is
countable and can be assigned values, such as numbers or height and weight or number for each
U.S. senators.
Clearer picture httpi40.tinypic.com7148s1.jpg Find the domain o.pdf
Clearer picture: http://i40.tinypic.com/7148s1.jpg Find the domain of the following function.
Write the answer is interval indicates. -2 / 1- t2 1-5
Solution
a)15^t
ln1 >ln 5^t
ln1/ln5 >t
t<0
t E (- inf,o).
classify the following Differential equations as, Seperable, linear,.pdf
classify the following Differential equations as, Seperable, linear, exact, homogeneous, or
bernoulli: DO NOT SOLVE
a. (y^2+1)dx = ysec^x dy
b. y(lnx-lny)dx = (xlnx - xlny - y)dy
c. (6x+1)y^2 dy/dx +3x^2 +2y^3 = 0
d. dy/dx = - (3y^2+2x) / (4y^2 +6xy)
Solution
(a) separable (b) exact (c) exact (d) homogeneous.
Clark and Antony are two old friends. LetAbe the event that Clark wi.pdf
Clark and Antony are two old friends. LetAbe the event that Clark will attend Antony’s
funeral andBbe the event that Antony will attend Antony will attend Clark’s funeral.
AreAandBindependent. Prove your answer.
Solution
No, they are not independent.
Since, say P(A) = 0.2 (say)
But, P(A | B) = 0 as this the probability tha clark attends antony\'s funeral given clark has died
(as implied by event B)
But for independent events, P(A | B) = P(A)
Hence, A and B are dependent.
Claire Company uses a standard costing system. The following infor.pdf
Claire Company uses a standard costing system.
The following information pertains to direct labor costs for the month of February:
Standard direct labor rate per hour $15.00
Actual direct labor rate per hour $13.50
Labor rate variance $18,000 favorable
Actual output 1,000 units
Standard hours allowed for actual production 10,000 hours
How many actual labor hours were worked during February for Claire Company?
I know the answer is 12,000. Need help with calculation
Solution
Labor rate variance = Actual hours (AR -SR)
- 18000 = AH (13.50 - 15)
AH = - 18000 / -1.50
= 12000 HOURS [Minus sign cancelled with each other).
Clarice Rich was employed by the New York City Board of Education as.pdf
Clarice Rich was employed by the New York City Board of Education as a clerk. It was her duty
to prepare requisitions for checks to be issued by the board, to prepare the checks, to have them
signed by authorized personnel, and to send the checks to the recipients. In some instances,
however, she kept the checks. Also, on a number of occasions Clarice prepared duplicate
requisitions and checks, which she kept after she had the board sign. She then forged the
indorsement of the named payees on the checks and cashed them at Chemical Bank, where the
Board of Education maintained its account. After the board discovered the forgeries, it demanded
that Chemical Bank credit its account for the amount of the forged checks.
Answer the following questions in the space provided below:
1. Is Chemical Bank required to credit the Board of Education\'s account as requested?
2. Explain how you reached your conclusion and the legal principles which you relied upon.
Solution
1)Clarice Rich is looking into matter of preparing a requsition , cheque ,getting sign on the same
etc.What information availeble in case is , she was keeoing a cheque at her place & issuing a
different & cashed .So now as per law If she is producing the Cheques from authorized cheuqe
books & signs are matching then in that case Chemical Bank will not be responsible for credit to
board of education.
2)Conclusion :
Few things needs to focus
a)There should be a transparant t system of Cheque preapration.
b)Clarice Rich has to prepare proper documentation of cheque & submit daily to accounts dpt.
c)As per rule Banks can not give or clear cheque in cash of major amount.
d)E banking & SMS facility can help to see how the cheque trasancations takes place .What are
the various parties to whom we have issued a cheque ..
Claim =111 Sample data n=10, x= 101 s=15.3 . The sample data appe.pdf
Claim ?=111 Sample data n=10, ?x= 101 s=15.3 . The sample data appear to come from a
normally distributed population with unknown ? & ?.
Solution
here t distribution has to be used as sample mean and sample standard deviation is given
so we get confidence interval as
t=(X-)/(s/n)
t1-/2,n-1.
City planneres believe that larger cities are populated by older res.pdf
City planneres believe that larger cities are populated by older residents. To investigate the
relationship, data on the population and mean age in 10 large cities were collected: Chicage
population 2.833 median age 31.5, dallas pop 1.233 median age 30.5, Houston pop 2.144 median
age 30.9, LA pop 3.849 median age 31.6, NY pop 8.214 median age 34.2, Philadelphia pop
1.448 median age 34.2, phoenix pop 1.513 median age 30.7, san Antonio pop 1.297 median age
31.7, san diego pop 1.257 median age 32.5, san jose pop 0.930 median age 32.6. A regression
analysis was performed and the resulting regression ewuation is median age = 31.4 + 0.272
population. Interpret the meaning of the slope.
Solution
Xbar = 2.4718
Ybar = 32.04
correlation coefficient: ( X X )(Y Y ) =11.9342
A regression analysis was performed and the resulting regression equation is Median age =
31.367 +0.272 population.
the median age for a city of 2.5 million people:
31.367 + 0.272 × 2.5 =32.047.
Cite the forces that influence the supply of laborSolutionForc.pdf
Cite the forces that influence the supply of labor
Solution
Forces that influence the supply of labour:
1. Real Wage rate = Nominal Wage / Price level
2. Working conditions
3. Hard working attitude among workers
4. Non monetary benefits like job satisfaction, prospects for promotion
5. Mobility of labour
6. Demographics of the population (Like immigrants, rural workers, etc.).
Cite an example of an event that has a Poisson probability distribut.pdf
Cite an example of an event that has a Poisson probability distribution and explain why it is such.
Solution
Applications of the Poisson distribution can be found in many fields related to counting:[23]
Electrical system example: telephone calls arriving in a system.
Astronomy example: photons arriving at a telescope.
Biology example: the number of mutations on a strand of DNA per unit length.
Management example: customers arriving at a counter or call centre.
Civil engineering example: cars arriving at a traffic light.
Finance and insurance example: Number of Losses/Claims occurring in a given period of Time.
Earthquake seismology example: An asymptotic Poisson model of seismic risk for large
earthquakes. (Lomnitz, 1994).
The Poisson distribution arises in connection with Poisson processes. It applies to various
phenomena of discrete properties (that is, those that may happen 0, 1, 2, 3, ... times during a
given period of time or in a given area) whenever the probability of the phenomenon happening
is constant in time or space. Examples of events that may be modelled as a Poisson distribution
include:
The number of soldiers killed by horse-kicks each year in each corps in the Prussian cavalry.
This example was made famous by a book of Ladislaus Josephovich Bortkiewicz (1868–1931).
The number of yeast cells used when brewing Guinness beer. This example was made famous by
William Sealy Gosset (1876–1937).[24]
The number of phone calls arriving at a call centre per minute.
The number of goals in sports involving two competing teams.
The number of deaths per year in a given age group.
The number of jumps in a stock price in a given time interval.
Under an assumption of homogeneity, the number of times a web server is accessed per minute.
The number of mutations in a given stretch of DNA after a certain amount of radiation.
The proportion of cells that will be infected at a given multiplicity of infection.
The targeting of V-1 rockets on London during World War II.[25]
[edit]Derivation of Poisson distribution — The law of rare events
See also: Poisson limit theorem.
chicago population 2.833 median age 31.5 dallas pop 1.233 median age.pdf
chicago population 2.833 median age 31.5 dallas pop 1.233 median age 30.5 houston population
2.144 median age 30.9 LA pop 3.849 median age 31.6 NY pop 8.214 median age 34.2 phil pop
1.448 median age 34.2 phoenix pop 1.513 median age 30.7 san antonio pop 1.297 median age
31.7 san diego pop 1.27 median age 32.5 san jose pop 0.930 median age 32.6 estimate the
median age for a city of 2.5 people
Solution
Xbar = 2.4718
Ybar = 32.04
correlation coefficient: ( X X )(Y Y ) =11.9342
A regression analysis was performed and the resulting regression equation is Median age =
31.367 +0.272 population.
the median age for a city of 2.5 million people:
31.367 + 0.272 × 2.5 =32.047.
Circles with radii 3, 4 and 5 touch each other externally if P is th.pdf
Circles with radii 3, 4 and 5 touch each other externally if P is the point of intersection of
tangents to
these circles at their points of contact. Find the distance of P from the points of contact
Solution
Let A, B, C be the centre of the three circles. Clearly the point P is the in–centre of
the ?ABC, and hence r = s (s a)(s b)(s c) (s a)(s b)(s c) s s s ? - - - - - - = = Now 2s = 7 + 8 + 9 =
24 ? s = 12. Hence r = 5. 4.3 5 12 = ..
Chris and Karen are married and own a three- bedroom home in a large.pdf
Chris and Karen are married and own a three- bedroom home in a large Midwestern city. Their
son, Christian, attends college away from home and lives in a fraternity house. Their daughter,
Kelly, is a senior in high school. Chris is an accountant who works for a local accounting firm.
Karen is a marketing analyst and is often away from home several days at a time. Kelly earns
extra cash by babysitting on a regular basis.
The family\'s home contains household furniture, personal property, a computer that Chris uses
to prepare business tax returns on weekends, and a laptop computer that Karen uses while
traveling. The Swifts also own three cars. Christian drives a 2004 Ford; Chris drives a 2009
Pontiac for both business and personal use; and Karen drives a 2011 Toyota and a rental car
when she is traveling. Although the Swifts have owned their home for several years, they are
considering moving because of the recent increase in violent crime in their neighborhood.
a. Describe briefly the steps in the personal risk management process.
b. Identify the major pure risks or pure loss exposures to which Chris and Karen are exposed
with respect to each of the following:
1. Personal loss exposures
2. Property loss exposures
3. Liability loss exposures
c. With respect to each of the loss exposures mentioned above, identify an appropriate personal
risk management technique that could be used to treat the exposure.
Solution
a. The Swifts face the risk of any potential attack or damage or theft due to the increase in violent
crime in their locality. They are planning to mitigate or compleyely remove this risk by moving
to another locality. This is a huge step as they are planning to vacate their own house and move
to another house on rent to avoid the risk of any personal loss or damage due to the rising crime.
b. 1 - Personal loss exposure includes loss of life of family members due to murder or attack. The
exposure is the lives of Chris, Karen and Kelly. Christian is not exposed as he lives in a fraternity
house.
2 - Property loss exposure includes loss of property due to potential theft. This exposure includes
the movable properties owned by the Swifts - household furniture, personal property, personal
cars - Pontiac, Toyota
3. Liability loss exposures includes loss of property not owned by the Swifts. They are Chris\'s
computer (probably given by his employer), Karen\'s laptop (probably given by her employer),
Pontiac (to the extent it is being used for business purpose) and the rental car used by Karen.
c. To mitigate the personal loss exposure, the Swifts should move to a new locality.
To mitigate the property loss exposure, the Swifts should liquidate the immovable properties.
The movable properties can either be liquidated or can be shifted to the new house where the
Swift\'s are contemplating to move.
To mitigate the liability loss exposure, the Smiths, while they are living in the crime infested
locality, should return the laptops, computers and c.
Chris and Dora are repeatedly playing a game that they each have pro.pdf
Chris and Dora are repeatedly playing a game that they each have probability 1 2 of winning
each time they play. The (cid:12)rst person to win 5 games wins the match. What is the probability that
Dora will win if she has won 4 games and Chris has won 3?
Solution
1/2*1/2 + 1/2*1/2 = 1/2.
Chris commutes to work on two different routes A and B. If Chris com.pdf
Chris commutes to work on two different routes A and B. If Chris comes home by route A, then
he will be home before 6 P.M. with probability 0.9. If Chris chooses route B, then he will be
home before 6 P.M. with probability 0.7. In the past, the proportion of times that Chris chose
route A is 0.6.
(a) What proportion of times is Chris home from his office before 6 P.M.?
(b) If Chris is home after 6 P.M. today, what
Solution
a)P = (0.6*0.9)+(0.4*0.7) = 0.54+0.28 = 0.82 b)P = 0.4*0.3 = 0.12.
Choose two social networks other than Facebook. Explain why you thin.pdf
Choose two social networks other than Facebook. Explain why you think one is more popular
than the others, and what, in your opinion, the others could do to gain more popularity among
internet users.
Solution
The 2 social networks other than Facebook is twitter and linkedIn. LinkedIn is more populat than
twitter. And this is because, linkedIn is more about the professional network, as opposed to that
of twitter which is mostly about general people, and their own/personal opinions. In other words,
twitter is about gossiping, where as LinkedIn is about sharing their professional experiences.
Twitter could gain more popularity by also covering the professional networks, instead of
exclusively concentrating on general talks. And ofcourse a combination/blend of this will give an
edge when compared to that of LinkedIn..
Choose the right option.i. Choose the correct sentence.ii. Choos.pdf
Choose the right option.
i. Choose the correct sentence.
ii. Choose the correct sentence.
iii. Choose the correct sentence.
iv. Choose the correctsentence.
v. Choose the correct sentence.
Solution
i) With triplets, I have to be careful to divide everythingequally among them or they will fight.
ii) Karen should have known that her cheap umbrella wouldbreak in the storm.
iii) Sometimes the effects of our generosity may seem minimal,but our good intentions do make
a difference
iv) Ben thought he had laid my jacket on that bench.
v) The thoughts that Ted presented, which were about shiftingnational priorities, were well
received..
Choose the right answerQuestion 1 With respect to consumer beh.pdf
Choose the right answer
Question 1
With respect to consumer behavior, one\'s attitudes, learning, and perceptions would be
impersonal influences
interpersonal influences
personal influences
insitutional influences
Question 2
In Maslow\'s hierarchy of needs,
a physiological need must be met directly before social needs.
esteem needs are the highest order of needs.
self-actualization needs are the highest order
safety needs and esteem are of the same importance.
Question 3
The most likely product to be purchased in an attempt to satisfy self-esteem needs would be
\"super class\" tickets for your next air flight.
a really fast computer.
a home security system.
yogurt and health food.
Question 4
Which of the following is not a characteristic that distinguishes organizational markets from
consumer markets?
Organizational markets are more geographically concentrated.
More people exert influence on the organizational buying decision.
The organizational market tends to have a greater number of buyers.
Organizations often engage in multiple sourcing and vendor analysis.
Question 5
Consumers may attempt to reduce postpurchase anxiety in the consumer decision process by
avoiding favorable information about the selected brand
seeking reassurance from dissatisfied customers
seeking information that favors the rejected brands
ignoring unfavorable reports about the chosen brand
Question 6
The buying center concept explains how groups of people participate informally in business
purchase decisions and
methods to break through group perceptions.
the role the group members play in buying decisions.
how family units operate as buying centers.
the process of performing vendor analysis.
Question 7
In the organizational buying process, a triggering event such as announcement of the availability
of a new product whose use could improve the company\'s market performance is referred to as
need or opportunity recognition
identification of suppliers
information search
word-of-mouth exploration
Question 8
An undifferentiated marketing strategy
serves the consumer better because the products offered are designed to meet the needs of a
specific group of people
benefits from the control and efficiency of short production runs
ignores differences among consumer groups and focuses on the broad market
is the most common strategy today and is used more now than in the past
Question 9
Goods purchased by the ultimate consumer for personal use are called
personal products
purchased products
consumer products
commercial products
Question 11
A particular purchasing agent might allow some salespeople to see the engineers responsible for
developing product specifications but not allow others the same privilege. In the buying center,
this purchasing agent is filling the role of
a \"hard\" nose
a gatekeeper
an influencer
a decider
Question 12
\"Our prices are the lowest, we guarantee it\" is an example of a positioning strategy based on
the product\'s
competitors
price
class
applicatio.
Choose any two of the numerous Great Society programs that were init.pdf
Choose any two of the numerous Great Society programs that were initiated ruing the 1960s,
Explain the intent of those two programs. Then, give a substantiated assessment (-.gov sources
work well for this) of how successful those programs have been in achieving their purpose
during the last half century. Explore three suggestions for how to improve the programs you
chose to make them more successful.
Solution.
Choose and compute the appropriate descriptive statistics to describ.pdf
Choose and compute the appropriate descriptive statistics to describe characteristics of the
sample under study (such as sex distribution, age, and ethnicity) and the anxiety reported by the
sample at pretreatment, making sure to include at least one example each of visual descriptive, a
measure of central tendency, and variability. PLEASE AT YOUR CHOICE:
Solution
when to choose descriptive statistics.
Choose any three of the following qualities of an effective team lea.pdf
Choose any three of the following qualities of an effective team leader and discuss the strengths
and the weaknesses associated with each:
Demonstrates reliability
Ensures constructive and effective communication
Has good listening skills
Participates actively in team activities
Ensures open sharing of information
Has a cooperative and helping nature
Exhibits flexibility
Is committed to the team
Displays problem-solving capabilities
Is respectful and supportive
Solution
An effective team leader is a person who can lead his team effectively and efficiently to achieve
the goal .An effective team leader should have following three qualities in him.
1) Has good listening skills-: An effective team leader should possess good listening skills as a
person who just force his team members to listen to him and not listening to the views of other
team members can never lead his team effectively.By listening to other team members they get
motivation and feel as if they are truly a part of the team . This quality also has a drawback in it
that there can be many confusions due to so many ideas and lead to conflicts and misguide in the
team member mind
2)Participates actively in team activities:- A person who actively akes part in all the activities can
lead the team in a better way as he knows all the ways of coping up the miserable situations and
can get him to win even in wost conditions
3)Ensures open shring of information:- An effective team leader should share all the information
with other team members so that they are aware about what is going on in the team and can be
physically and mentally be prepared for the situation this quality also has its own drawback that
the secret information will also flow around and there will be no such secrecy of thoughts and
can also result in conflicts among team members.
China has begun to allow gradual changes in the RMBdollar rate sinc.pdf
China has begun to allow gradual changes in the RMB/dollar rate since 2005. There are still
observers believed the RMB is undervalued. Which of the following statement is true holding
other things constant?
A. By fixing exchange rate, China has given up the monetary policy.
B. By fixing exchange rate, China has restricted capital flows.
C. By allowing exchange rate to flow, China
Solution
It is the indirect export subsidy which lowers the price of chinese goods imported in US. This is
done by allowing exchange rates to flow as per the currency market sentiments and other
demand and supply factors. So the answer would be C..
Choose a side on the issue of accountability. Do you believe the Uni.pdf
Choose a side on the issue of accountability. Do you believe the United States government
system holds its elected officials accountable for thei actions? Support your point of view. Please
provide references and sources
Solution
Accountability is very important aspect when we are moving towards achieving a particular
objective. It is derived from the action taken up by the people and they are responsible for their
actions. That’s why they also become accountable for their acts. Sense of accountability in
natural form or in enforced form will always bring good towards the society for that,
responsibilities have been taken by people.
Elected official can also be held accountable as well as voters / other concern parties can choose
not to reelect the official if he or she is found accountable in negligence / delayed action /
negative action that have harmed the society at large. Even, expulsion clause of U.S. Constitution
can be used to remove that elected officials.
U.S. President can also be charged through Article I, Sec. 2, Cl. 5 of US constitution.
Even, cases of bribe and gross misconduct can also be resolved through necessary clauses given
in the constitution.
Thus, it is the US constitution and its inherent power that makes elected officials accountable for
their acts:
Sources / References:.
Chapter 7 in the textbook says that when you consider coach, interpr.pdf
Chapter 7 in the textbook says that when you consider coach, interpreter, director, and navigator
as change managers, you should assume that they have an active role in the initiation, support,
and outcomes of organizational change. What does that mean and why is it significant?
200 WORDS
Solution.
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
Letter from the Congress of the United States regarding Anti-Semitism sent June 3rd to MIT President Sally Kornbluth, MIT Corp Chair, Mark Gorenberg
Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
• The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate “any matter” at “any time” under House Rule X.
• The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Event Link:-
https://meetups.mulesoft.com/events/details/mulesoft-mysore-presents-exploring-gemini-ai-and-integration-with-mulesoft/
Agenda
● Java 17 Upgrade Overview
● Why and by when do customers need to upgrade to Java 17?
● Is there any immediate impact to upgrading to Mule Runtime 4.6 and beyond?
● Which MuleSoft products are in scope?
For Upcoming Meetups Join Mysore Meetup Group - https://meetups.mulesoft.com/mysore/
YouTube:- youtube.com/@mulesoftmysore
Mysore WhatsApp group:- https://chat.whatsapp.com/EhqtHtCC75vCAX7gaO842N
Speaker:-
Shubham Chaurasia - https://www.linkedin.com/in/shubhamchaurasia1/
Priya Shaw - https://www.linkedin.com/in/priya-shaw
Organizers:-
Shubham Chaurasia - https://www.linkedin.com/in/shubhamchaurasia1/
Giridhar Meka - https://www.linkedin.com/in/giridharmeka
Priya Shaw - https://www.linkedin.com/in/priya-shaw
Shyam Raj Prasad-
https://www.linkedin.com/in/shyam-raj-prasad/
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Claire Company uses a standard costing system. The following infor.pdf
Claire Company uses a standard costing system.
The following information pertains to direct labor costs for the month of February:
Standard direct labor rate per hour $15.00
Actual direct labor rate per hour $13.50
Labor rate variance $18,000 favorable
Actual output 1,000 units
Standard hours allowed for actual production 10,000 hours
How many actual labor hours were worked during February for Claire Company?
I know the answer is 12,000. Need help with calculation
Solution
Labor rate variance = Actual hours (AR -SR)
- 18000 = AH (13.50 - 15)
AH = - 18000 / -1.50
= 12000 HOURS [Minus sign cancelled with each other).
Clarice Rich was employed by the New York City Board of Education as.pdf
Clarice Rich was employed by the New York City Board of Education as a clerk. It was her duty
to prepare requisitions for checks to be issued by the board, to prepare the checks, to have them
signed by authorized personnel, and to send the checks to the recipients. In some instances,
however, she kept the checks. Also, on a number of occasions Clarice prepared duplicate
requisitions and checks, which she kept after she had the board sign. She then forged the
indorsement of the named payees on the checks and cashed them at Chemical Bank, where the
Board of Education maintained its account. After the board discovered the forgeries, it demanded
that Chemical Bank credit its account for the amount of the forged checks.
Answer the following questions in the space provided below:
1. Is Chemical Bank required to credit the Board of Education\'s account as requested?
2. Explain how you reached your conclusion and the legal principles which you relied upon.
Solution
1)Clarice Rich is looking into matter of preparing a requsition , cheque ,getting sign on the same
etc.What information availeble in case is , she was keeoing a cheque at her place & issuing a
different & cashed .So now as per law If she is producing the Cheques from authorized cheuqe
books & signs are matching then in that case Chemical Bank will not be responsible for credit to
board of education.
2)Conclusion :
Few things needs to focus
a)There should be a transparant t system of Cheque preapration.
b)Clarice Rich has to prepare proper documentation of cheque & submit daily to accounts dpt.
c)As per rule Banks can not give or clear cheque in cash of major amount.
d)E banking & SMS facility can help to see how the cheque trasancations takes place .What are
the various parties to whom we have issued a cheque ..
Claim =111 Sample data n=10, x= 101 s=15.3 . The sample data appe.pdf
Claim ?=111 Sample data n=10, ?x= 101 s=15.3 . The sample data appear to come from a
normally distributed population with unknown ? & ?.
Solution
here t distribution has to be used as sample mean and sample standard deviation is given
so we get confidence interval as
t=(X-)/(s/n)
t1-/2,n-1.
City planneres believe that larger cities are populated by older res.pdf
City planneres believe that larger cities are populated by older residents. To investigate the
relationship, data on the population and mean age in 10 large cities were collected: Chicage
population 2.833 median age 31.5, dallas pop 1.233 median age 30.5, Houston pop 2.144 median
age 30.9, LA pop 3.849 median age 31.6, NY pop 8.214 median age 34.2, Philadelphia pop
1.448 median age 34.2, phoenix pop 1.513 median age 30.7, san Antonio pop 1.297 median age
31.7, san diego pop 1.257 median age 32.5, san jose pop 0.930 median age 32.6. A regression
analysis was performed and the resulting regression ewuation is median age = 31.4 + 0.272
population. Interpret the meaning of the slope.
Solution
Xbar = 2.4718
Ybar = 32.04
correlation coefficient: ( X X )(Y Y ) =11.9342
A regression analysis was performed and the resulting regression equation is Median age =
31.367 +0.272 population.
the median age for a city of 2.5 million people:
31.367 + 0.272 × 2.5 =32.047.
Cite the forces that influence the supply of laborSolutionForc.pdf
Cite the forces that influence the supply of labor
Solution
Forces that influence the supply of labour:
1. Real Wage rate = Nominal Wage / Price level
2. Working conditions
3. Hard working attitude among workers
4. Non monetary benefits like job satisfaction, prospects for promotion
5. Mobility of labour
6. Demographics of the population (Like immigrants, rural workers, etc.).
Cite an example of an event that has a Poisson probability distribut.pdf
Cite an example of an event that has a Poisson probability distribution and explain why it is such.
Solution
Applications of the Poisson distribution can be found in many fields related to counting:[23]
Electrical system example: telephone calls arriving in a system.
Astronomy example: photons arriving at a telescope.
Biology example: the number of mutations on a strand of DNA per unit length.
Management example: customers arriving at a counter or call centre.
Civil engineering example: cars arriving at a traffic light.
Finance and insurance example: Number of Losses/Claims occurring in a given period of Time.
Earthquake seismology example: An asymptotic Poisson model of seismic risk for large
earthquakes. (Lomnitz, 1994).
The Poisson distribution arises in connection with Poisson processes. It applies to various
phenomena of discrete properties (that is, those that may happen 0, 1, 2, 3, ... times during a
given period of time or in a given area) whenever the probability of the phenomenon happening
is constant in time or space. Examples of events that may be modelled as a Poisson distribution
include:
The number of soldiers killed by horse-kicks each year in each corps in the Prussian cavalry.
This example was made famous by a book of Ladislaus Josephovich Bortkiewicz (1868–1931).
The number of yeast cells used when brewing Guinness beer. This example was made famous by
William Sealy Gosset (1876–1937).[24]
The number of phone calls arriving at a call centre per minute.
The number of goals in sports involving two competing teams.
The number of deaths per year in a given age group.
The number of jumps in a stock price in a given time interval.
Under an assumption of homogeneity, the number of times a web server is accessed per minute.
The number of mutations in a given stretch of DNA after a certain amount of radiation.
The proportion of cells that will be infected at a given multiplicity of infection.
The targeting of V-1 rockets on London during World War II.[25]
[edit]Derivation of Poisson distribution — The law of rare events
See also: Poisson limit theorem.
chicago population 2.833 median age 31.5 dallas pop 1.233 median age.pdf
chicago population 2.833 median age 31.5 dallas pop 1.233 median age 30.5 houston population
2.144 median age 30.9 LA pop 3.849 median age 31.6 NY pop 8.214 median age 34.2 phil pop
1.448 median age 34.2 phoenix pop 1.513 median age 30.7 san antonio pop 1.297 median age
31.7 san diego pop 1.27 median age 32.5 san jose pop 0.930 median age 32.6 estimate the
median age for a city of 2.5 people
Solution
Xbar = 2.4718
Ybar = 32.04
correlation coefficient: ( X X )(Y Y ) =11.9342
A regression analysis was performed and the resulting regression equation is Median age =
31.367 +0.272 population.
the median age for a city of 2.5 million people:
31.367 + 0.272 × 2.5 =32.047.
Circles with radii 3, 4 and 5 touch each other externally if P is th.pdf
Circles with radii 3, 4 and 5 touch each other externally if P is the point of intersection of
tangents to
these circles at their points of contact. Find the distance of P from the points of contact
Solution
Let A, B, C be the centre of the three circles. Clearly the point P is the in–centre of
the ?ABC, and hence r = s (s a)(s b)(s c) (s a)(s b)(s c) s s s ? - - - - - - = = Now 2s = 7 + 8 + 9 =
24 ? s = 12. Hence r = 5. 4.3 5 12 = ..
Chris and Karen are married and own a three- bedroom home in a large.pdf
Chris and Karen are married and own a three- bedroom home in a large Midwestern city. Their
son, Christian, attends college away from home and lives in a fraternity house. Their daughter,
Kelly, is a senior in high school. Chris is an accountant who works for a local accounting firm.
Karen is a marketing analyst and is often away from home several days at a time. Kelly earns
extra cash by babysitting on a regular basis.
The family\'s home contains household furniture, personal property, a computer that Chris uses
to prepare business tax returns on weekends, and a laptop computer that Karen uses while
traveling. The Swifts also own three cars. Christian drives a 2004 Ford; Chris drives a 2009
Pontiac for both business and personal use; and Karen drives a 2011 Toyota and a rental car
when she is traveling. Although the Swifts have owned their home for several years, they are
considering moving because of the recent increase in violent crime in their neighborhood.
a. Describe briefly the steps in the personal risk management process.
b. Identify the major pure risks or pure loss exposures to which Chris and Karen are exposed
with respect to each of the following:
1. Personal loss exposures
2. Property loss exposures
3. Liability loss exposures
c. With respect to each of the loss exposures mentioned above, identify an appropriate personal
risk management technique that could be used to treat the exposure.
Solution
a. The Swifts face the risk of any potential attack or damage or theft due to the increase in violent
crime in their locality. They are planning to mitigate or compleyely remove this risk by moving
to another locality. This is a huge step as they are planning to vacate their own house and move
to another house on rent to avoid the risk of any personal loss or damage due to the rising crime.
b. 1 - Personal loss exposure includes loss of life of family members due to murder or attack. The
exposure is the lives of Chris, Karen and Kelly. Christian is not exposed as he lives in a fraternity
house.
2 - Property loss exposure includes loss of property due to potential theft. This exposure includes
the movable properties owned by the Swifts - household furniture, personal property, personal
cars - Pontiac, Toyota
3. Liability loss exposures includes loss of property not owned by the Swifts. They are Chris\'s
computer (probably given by his employer), Karen\'s laptop (probably given by her employer),
Pontiac (to the extent it is being used for business purpose) and the rental car used by Karen.
c. To mitigate the personal loss exposure, the Swifts should move to a new locality.
To mitigate the property loss exposure, the Swifts should liquidate the immovable properties.
The movable properties can either be liquidated or can be shifted to the new house where the
Swift\'s are contemplating to move.
To mitigate the liability loss exposure, the Smiths, while they are living in the crime infested
locality, should return the laptops, computers and c.
Chris and Dora are repeatedly playing a game that they each have pro.pdf
Chris and Dora are repeatedly playing a game that they each have probability 1 2 of winning
each time they play. The (cid:12)rst person to win 5 games wins the match. What is the probability that
Dora will win if she has won 4 games and Chris has won 3?
Solution
1/2*1/2 + 1/2*1/2 = 1/2.
Chris commutes to work on two different routes A and B. If Chris com.pdf
Chris commutes to work on two different routes A and B. If Chris comes home by route A, then
he will be home before 6 P.M. with probability 0.9. If Chris chooses route B, then he will be
home before 6 P.M. with probability 0.7. In the past, the proportion of times that Chris chose
route A is 0.6.
(a) What proportion of times is Chris home from his office before 6 P.M.?
(b) If Chris is home after 6 P.M. today, what
Solution
a)P = (0.6*0.9)+(0.4*0.7) = 0.54+0.28 = 0.82 b)P = 0.4*0.3 = 0.12.
Choose two social networks other than Facebook. Explain why you thin.pdf
Choose two social networks other than Facebook. Explain why you think one is more popular
than the others, and what, in your opinion, the others could do to gain more popularity among
internet users.
Solution
The 2 social networks other than Facebook is twitter and linkedIn. LinkedIn is more populat than
twitter. And this is because, linkedIn is more about the professional network, as opposed to that
of twitter which is mostly about general people, and their own/personal opinions. In other words,
twitter is about gossiping, where as LinkedIn is about sharing their professional experiences.
Twitter could gain more popularity by also covering the professional networks, instead of
exclusively concentrating on general talks. And ofcourse a combination/blend of this will give an
edge when compared to that of LinkedIn..
Choose the right option.i. Choose the correct sentence.ii. Choos.pdf
Choose the right option.
i. Choose the correct sentence.
ii. Choose the correct sentence.
iii. Choose the correct sentence.
iv. Choose the correctsentence.
v. Choose the correct sentence.
Solution
i) With triplets, I have to be careful to divide everythingequally among them or they will fight.
ii) Karen should have known that her cheap umbrella wouldbreak in the storm.
iii) Sometimes the effects of our generosity may seem minimal,but our good intentions do make
a difference
iv) Ben thought he had laid my jacket on that bench.
v) The thoughts that Ted presented, which were about shiftingnational priorities, were well
received..
Choose the right answerQuestion 1 With respect to consumer beh.pdf
Choose the right answer
Question 1
With respect to consumer behavior, one\'s attitudes, learning, and perceptions would be
impersonal influences
interpersonal influences
personal influences
insitutional influences
Question 2
In Maslow\'s hierarchy of needs,
a physiological need must be met directly before social needs.
esteem needs are the highest order of needs.
self-actualization needs are the highest order
safety needs and esteem are of the same importance.
Question 3
The most likely product to be purchased in an attempt to satisfy self-esteem needs would be
\"super class\" tickets for your next air flight.
a really fast computer.
a home security system.
yogurt and health food.
Question 4
Which of the following is not a characteristic that distinguishes organizational markets from
consumer markets?
Organizational markets are more geographically concentrated.
More people exert influence on the organizational buying decision.
The organizational market tends to have a greater number of buyers.
Organizations often engage in multiple sourcing and vendor analysis.
Question 5
Consumers may attempt to reduce postpurchase anxiety in the consumer decision process by
avoiding favorable information about the selected brand
seeking reassurance from dissatisfied customers
seeking information that favors the rejected brands
ignoring unfavorable reports about the chosen brand
Question 6
The buying center concept explains how groups of people participate informally in business
purchase decisions and
methods to break through group perceptions.
the role the group members play in buying decisions.
how family units operate as buying centers.
the process of performing vendor analysis.
Question 7
In the organizational buying process, a triggering event such as announcement of the availability
of a new product whose use could improve the company\'s market performance is referred to as
need or opportunity recognition
identification of suppliers
information search
word-of-mouth exploration
Question 8
An undifferentiated marketing strategy
serves the consumer better because the products offered are designed to meet the needs of a
specific group of people
benefits from the control and efficiency of short production runs
ignores differences among consumer groups and focuses on the broad market
is the most common strategy today and is used more now than in the past
Question 9
Goods purchased by the ultimate consumer for personal use are called
personal products
purchased products
consumer products
commercial products
Question 11
A particular purchasing agent might allow some salespeople to see the engineers responsible for
developing product specifications but not allow others the same privilege. In the buying center,
this purchasing agent is filling the role of
a \"hard\" nose
a gatekeeper
an influencer
a decider
Question 12
\"Our prices are the lowest, we guarantee it\" is an example of a positioning strategy based on
the product\'s
competitors
price
class
applicatio.
Choose any two of the numerous Great Society programs that were init.pdf
Choose any two of the numerous Great Society programs that were initiated ruing the 1960s,
Explain the intent of those two programs. Then, give a substantiated assessment (-.gov sources
work well for this) of how successful those programs have been in achieving their purpose
during the last half century. Explore three suggestions for how to improve the programs you
chose to make them more successful.
Solution.
Choose and compute the appropriate descriptive statistics to describ.pdf
Choose and compute the appropriate descriptive statistics to describe characteristics of the
sample under study (such as sex distribution, age, and ethnicity) and the anxiety reported by the
sample at pretreatment, making sure to include at least one example each of visual descriptive, a
measure of central tendency, and variability. PLEASE AT YOUR CHOICE:
Solution
when to choose descriptive statistics.
Choose any three of the following qualities of an effective team lea.pdf
Choose any three of the following qualities of an effective team leader and discuss the strengths
and the weaknesses associated with each:
Demonstrates reliability
Ensures constructive and effective communication
Has good listening skills
Participates actively in team activities
Ensures open sharing of information
Has a cooperative and helping nature
Exhibits flexibility
Is committed to the team
Displays problem-solving capabilities
Is respectful and supportive
Solution
An effective team leader is a person who can lead his team effectively and efficiently to achieve
the goal .An effective team leader should have following three qualities in him.
1) Has good listening skills-: An effective team leader should possess good listening skills as a
person who just force his team members to listen to him and not listening to the views of other
team members can never lead his team effectively.By listening to other team members they get
motivation and feel as if they are truly a part of the team . This quality also has a drawback in it
that there can be many confusions due to so many ideas and lead to conflicts and misguide in the
team member mind
2)Participates actively in team activities:- A person who actively akes part in all the activities can
lead the team in a better way as he knows all the ways of coping up the miserable situations and
can get him to win even in wost conditions
3)Ensures open shring of information:- An effective team leader should share all the information
with other team members so that they are aware about what is going on in the team and can be
physically and mentally be prepared for the situation this quality also has its own drawback that
the secret information will also flow around and there will be no such secrecy of thoughts and
can also result in conflicts among team members.
China has begun to allow gradual changes in the RMBdollar rate sinc.pdf
China has begun to allow gradual changes in the RMB/dollar rate since 2005. There are still
observers believed the RMB is undervalued. Which of the following statement is true holding
other things constant?
A. By fixing exchange rate, China has given up the monetary policy.
B. By fixing exchange rate, China has restricted capital flows.
C. By allowing exchange rate to flow, China
Solution
It is the indirect export subsidy which lowers the price of chinese goods imported in US. This is
done by allowing exchange rates to flow as per the currency market sentiments and other
demand and supply factors. So the answer would be C..
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Choose a side on the issue of accountability. Do you believe the United States government
system holds its elected officials accountable for thei actions? Support your point of view. Please
provide references and sources
Solution
Accountability is very important aspect when we are moving towards achieving a particular
objective. It is derived from the action taken up by the people and they are responsible for their
actions. That’s why they also become accountable for their acts. Sense of accountability in
natural form or in enforced form will always bring good towards the society for that,
responsibilities have been taken by people.
Elected official can also be held accountable as well as voters / other concern parties can choose
not to reelect the official if he or she is found accountable in negligence / delayed action /
negative action that have harmed the society at large. Even, expulsion clause of U.S. Constitution
can be used to remove that elected officials.
U.S. President can also be charged through Article I, Sec. 2, Cl. 5 of US constitution.
Even, cases of bribe and gross misconduct can also be resolved through necessary clauses given
in the constitution.
Thus, it is the US constitution and its inherent power that makes elected officials accountable for
their acts:
Sources / References:.
Chapter 7 in the textbook says that when you consider coach, interpr.pdf
Chapter 7 in the textbook says that when you consider coach, interpreter, director, and navigator
as change managers, you should assume that they have an active role in the initiation, support,
and outcomes of organizational change. What does that mean and why is it significant?
200 WORDS
Solution.
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