Classify the following variable as nominal, ordinal, discrete or con.pdf

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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.

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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 ..

Clarice Rich was employed by the New York City Board of Education as.pdf

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Claim =111 Sample data n=10, x= 101 s=15.3 . The sample data appe.pdf

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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.

City planneres believe that larger cities are populated by older res.pdf

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Cite the forces that influence the supply of laborSolutionForc.pdf

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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.

Cite an example of an event that has a Poisson probability distribut.pdf

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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.

chicago population 2.833 median age 31.5 dallas pop 1.233 median age.pdf

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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 = ..

Circles with radii 3, 4 and 5 touch each other externally if P is th.pdf

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Chris, Sarah, and Hillary want to fly to Orlando for Thanksgiving. C.pdf

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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 Karen are married and own a three- bedroom home in a large.pdf

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Chris and Dora are repeatedly playing a game that they each have pro.pdf

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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.

Chris commutes to work on two different routes A and B. If Chris com.pdf

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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 two social networks other than Facebook. Explain why you thin.pdf

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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 option.i. Choose the correct sentence.ii. Choos.pdf

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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 the right answerQuestion 1 With respect to consumer beh.pdf

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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 any two of the numerous Great Society programs that were init.pdf

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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 and compute the appropriate descriptive statistics to describ.pdf

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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.

Choose any three of the following qualities of an effective team lea.pdf

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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..

China has begun to allow gradual changes in the RMBdollar rate sinc.pdf

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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:.

Choose a side on the issue of accountability. Do you believe the Uni.pdf

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Chapter 7 in the textbook says that when you consider coach, interpr.pdf

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