Random number A is distributed exponentially with a mean of 4. Rando.pdf
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Random number A is distributed exponentially with a mean of 4. Random number B is also exponential, with a mean 1. What is the probability that A is less than B? To make sure I understand...A detailed explanation would be appreciated. Solution use that z = lambdaA A/(lambdaB B) = 1/4 A/B has a distribution of f= 1/(z+1)^2 we want to know if A.
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Red Corporation manufactures hand tools in the United States. For th.pdf
Red Blood Cell Count Let x red blood cell (RBC) count in millions per cubic millimeter of
whole blood. For healthy females, x has an approximately normal distribution with mean ? = 4. 8
and standard deviation ? = x 0.3 (based on information from Diagnostic Tests with Nursing
Implications, edited by S. Loeb, Springhouse Press). Convert each of the following x intervals to
z intervals: 4.5 < x x < 4.2 4.0 < x < 5.5
Solution
a) 4.5 < x x > 4.5 µ = 5.7 s = 0.4 standardize x to z = (x - µ) / s x > 4.5 = z > (4.5-5.7) / 0.4) = z
> -3 -3 < z c) µ = 5.7 s = 0.4 standardize x to z = (x - µ) / s 4 < x < 5.5) = ( 4 - 5.7) / 0.4 < Z < (
5.5 - 5.7) / 0.4] -4.25 < Z < -0.5 d) z < -1.44 z = (x - µ) / s -1.44 = (x-5.7)/.4 (-1.44)(.4) + 5.7 = x
-5.1 = x x < 5.1 g) µ = 5.7 s = 0.4 standardize x to z = (x - µ) / s (x > 5.9) = ( z > (5.9-5.7) / 0.4)
z > 0.5 = No. A z score of 0.50 implies that this RBC is normal. P( z > 0.5) = .3085 (not high).
Recently, there have been many incidences of natural disasters in ou.pdf
Recently, the Federal Bank of NY stock exchanged loaned AGI brokers money to keep them
from going bankrupt. This is known as a
Solution
sample size 1000 u=0.46 sigma= root(0.46*0.54/1000) =0.157 CI= (µ-zs ,µ+zs )
cI=(0.46 -1.96*0.157 , 0.46+1.96*0.157 ) =(0.152 , 0.77).
Recite the factors that influence price elasticitySolutionTher.pdf
Recently, there have been several consolidations in the economy, the biotech industry being one.
With the creation of fewer \"Biotech giants worldwide\", will this lead to stronger monopoly
power, thus potentially contributing to rising healthcare costs (prescription drugs), or is it a
necessity of the industry to optimize R&D resources to more rapidly bring new, critical
medicines to market?
**PLEASE NOTE THE ANSWER CURRENTLY POSTED ON CHEGG IS
INCORRRECT*** IT BEGINS WITH \"Biotechnology mergers and acquisitions can help the
industrys fully integrated players to increase in size and market value, boost the emerging
companies efforts to reach full integration or allow the start-ups to survive cyclical financial
crises. M&A in the biotechnology sector (including inter-sector deals between the
pharmaceutical and biotechnology companies or intra-sector deals within the biotechnology
sectors) serves three main purposes, where one company acquires another in order to increase
pipeline productivity and innovation or aid the transition to become full integrated
biopharmaceutical company (FIBCO) or a company merges equally with another to support
product development, market expansion or sustainable profitability.\"\"\" THIS ANSWER IS
INCORRECT. IF YOU WANT FULL POINTS PLEASE ANSWER THE QUESTION
CORRECTLY! THANKS!
Solution
As it is always necessary for any industry to bring newer products into the market as per the
needs of the consumer.
Though this company has a monopoly over the market, it needs to have a research departmrment
to know the current market requirements for grabbing the opeertunities as soon as possible.
And as its a biotech company it must have R & D deparment to handle any critical situation
because they have constant watch on market..
Recite the US track record on growth, unemployment, and inflation.pdf
Recite the factors that influence price elasticity
Solution
There are 9 Factors which Affects the Elasticity of Price. They are as follows.
Share in Total Expenditure:
Habits:
Number of Uses:
Income Level:
Nature of commodity:
Availability of substitutes:
Level of price:
Postponement of Consumption:
Time Period:.
Recall a time when you experienced a problem as result of poor commu.pdf
Recalculate the intrinsic value of Honda using the three-stage growth model given above is the
spread sheet.Treat each of the following scenarios independently.
Required:
(a)
ROE in the constant-growth period will be 11.6%.(Round your answer to 2 decimal places.)
Price
(b)
Honda\'s actual beta is 1.31(Round your answer to 2 decimal places.)
Price
(c)
The market risk premium is 10.1%.(Round your answer to 2 decimal places.)
Price
Recalculate the intrinsic value of Honda using the three-stage growth model given above is the
spread sheet.Treat each of the following scenarios independently. Term value Investor C 07
ROE 2.01 12 Value line 803 58
Solution
aIntrinsic value= P.V of cash flows
Dividend remains the same as in the question but term value changes due to change in growth
rate (11.6%*.7)=8.12%
P.V of dividends=22.60-(74.86*.165)=10.25
Term Value=2.92(1+.0812)/(.119-.0812)=3.157/.0378=83.52
Intrinsic value= 10.25+83.52*.165=24.03
b.New Ke=3.5%+1.31*8%=13.98%
New Discounting factors
2009= .877
2010=.77
2011=.675
2012=.592
2013=.52
2014=.456
2015=.4
2016=.351
2017=.308
2018=.270
2019=.237
2020=.208
2021=.182
2022=.160
2023=.140
2024=.123
Intrinsic value=8.88+74.86*.123=18.09
(c ) ke= 3.5%+1.05*10.1%=14.105%
New Discounting factors
2009= .876
2010=.768
2011=.673
2012=.59
2013=.517
2014=.453
2015=.397
2016=.348
2017=.305
2018=.267
2019=.234
2020=.205
2021=.18
2022=.158
2023=.138
2024=.121
Intrinsic value=8.82+74.86*.121=17.88.
Recall from Example 1 that whenever Suzan sees a bag of marbles, she.pdf
Recall from Cominco Part forecasting problem that Cominco used an integrated forecasting and
inventory control software package called IMPACT. Their inventory control module used EOQ-
ROP replenishment system. As an illustration, consider the same part we used in the forecasting.
Suppose that now is end of September and the next reorder point is coming up. Recall that using
Exponential Smoothing with ? = 0.2, the forecast for October is 6.7 units. The part costs
Cominco $15 per unit. Holding cost rate is 20% of unit cost per year. Ordering cost is $2 per
order. The purchase lead-time for this part is 20 days.
a) What should the EOQ be?
b) How many days is the EOQ enough for (= Time Supply)?
c) Calculate the total annual inventory control cost of using EOQ.
d) Suppose that now this part is ordered 7 at a time. How much more expensive is this (relative
to using EOQ as order size)?
e) Suppose that there is no variability in demand (or lead-time). Determine the re-order point.
Solution
Holding cost=0.2*15=3
Economic Order Quantity=(2*6.7*2/3)(1/2)= 4.47 unit
Total Inventory cost=(2*6.7/4.47)+(3*4.47/2)=9.70.
Read the following article on project oversightKhan, A. (2011, Ap.pdf
Read the following 2 page article and answer the following questions:
http://theweek.com/article/index/224043/the-dangers-of-quick-thinking
Question 1) Verify the % calculations for Jack & Jill.
Question 2) What is the chance that there will be an equal number of boys and girls in a 6 child
family?
POINTS AWARDED ONLY TO CORRECT/BEST ANSWER
Solution
What are the possible out comes
M,F
0, 6
1, 5
2, 4
3, 3
4, 2
5, 1
6, 0
so 3,3 is 1 of 7 possible outcomes
p(3,3) = 1/7 = 0.142 = 14%.
Read the articles in the Concise Encyclopedia of Economics entitled .pdf
Read the articles in the Concise Encyclopedia of Economics entitled “Property Rights”
(http://www.econlib.org/library/Enc/PropertyRights.html) and Law and Economics
(http://www.econlib.org/library/Enc/LawandEconomics.html)
Then summarize the main points in both articles in about one page.
Solution
Right to property assumes a center stage in a capitalistic society. Often right to property is
perceive to conflict human rights. However, the property rights themselves are a form of human
rights. Unless they\'re not properly defined, the economic agents cannot undertake judicious use
of resources and may instead result inefficient allocation of resources.The property rights need to
be defined so that people can use the resources and facilitate exchange in the market. In this
sense, the private property rights protect individual liberty. The three elements of private
property include exclusive rights to decide 1. the use of a resource, 2. the services of the
resources and 3. Exchange the resource..
Recommended
Red Corporation manufactures hand tools in the United States. For th.pdf
Red Blood Cell Count Let x red blood cell (RBC) count in millions per cubic millimeter of
whole blood. For healthy females, x has an approximately normal distribution with mean ? = 4. 8
and standard deviation ? = x 0.3 (based on information from Diagnostic Tests with Nursing
Implications, edited by S. Loeb, Springhouse Press). Convert each of the following x intervals to
z intervals: 4.5 < x x < 4.2 4.0 < x < 5.5
Solution
a) 4.5 < x x > 4.5 µ = 5.7 s = 0.4 standardize x to z = (x - µ) / s x > 4.5 = z > (4.5-5.7) / 0.4) = z
> -3 -3 < z c) µ = 5.7 s = 0.4 standardize x to z = (x - µ) / s 4 < x < 5.5) = ( 4 - 5.7) / 0.4 < Z < (
5.5 - 5.7) / 0.4] -4.25 < Z < -0.5 d) z < -1.44 z = (x - µ) / s -1.44 = (x-5.7)/.4 (-1.44)(.4) + 5.7 = x
-5.1 = x x < 5.1 g) µ = 5.7 s = 0.4 standardize x to z = (x - µ) / s (x > 5.9) = ( z > (5.9-5.7) / 0.4)
z > 0.5 = No. A z score of 0.50 implies that this RBC is normal. P( z > 0.5) = .3085 (not high).
Recently, there have been many incidences of natural disasters in ou.pdf
Recently, the Federal Bank of NY stock exchanged loaned AGI brokers money to keep them
from going bankrupt. This is known as a
Solution
sample size 1000 u=0.46 sigma= root(0.46*0.54/1000) =0.157 CI= (µ-zs ,µ+zs )
cI=(0.46 -1.96*0.157 , 0.46+1.96*0.157 ) =(0.152 , 0.77).
Recite the factors that influence price elasticitySolutionTher.pdf
Recently, there have been several consolidations in the economy, the biotech industry being one.
With the creation of fewer \"Biotech giants worldwide\", will this lead to stronger monopoly
power, thus potentially contributing to rising healthcare costs (prescription drugs), or is it a
necessity of the industry to optimize R&D resources to more rapidly bring new, critical
medicines to market?
**PLEASE NOTE THE ANSWER CURRENTLY POSTED ON CHEGG IS
INCORRRECT*** IT BEGINS WITH \"Biotechnology mergers and acquisitions can help the
industrys fully integrated players to increase in size and market value, boost the emerging
companies efforts to reach full integration or allow the start-ups to survive cyclical financial
crises. M&A in the biotechnology sector (including inter-sector deals between the
pharmaceutical and biotechnology companies or intra-sector deals within the biotechnology
sectors) serves three main purposes, where one company acquires another in order to increase
pipeline productivity and innovation or aid the transition to become full integrated
biopharmaceutical company (FIBCO) or a company merges equally with another to support
product development, market expansion or sustainable profitability.\"\"\" THIS ANSWER IS
INCORRECT. IF YOU WANT FULL POINTS PLEASE ANSWER THE QUESTION
CORRECTLY! THANKS!
Solution
As it is always necessary for any industry to bring newer products into the market as per the
needs of the consumer.
Though this company has a monopoly over the market, it needs to have a research departmrment
to know the current market requirements for grabbing the opeertunities as soon as possible.
And as its a biotech company it must have R & D deparment to handle any critical situation
because they have constant watch on market..
Recite the US track record on growth, unemployment, and inflation.pdf
Recite the factors that influence price elasticity
Solution
There are 9 Factors which Affects the Elasticity of Price. They are as follows.
Share in Total Expenditure:
Habits:
Number of Uses:
Income Level:
Nature of commodity:
Availability of substitutes:
Level of price:
Postponement of Consumption:
Time Period:.
Recall a time when you experienced a problem as result of poor commu.pdf
Recalculate the intrinsic value of Honda using the three-stage growth model given above is the
spread sheet.Treat each of the following scenarios independently.
Required:
(a)
ROE in the constant-growth period will be 11.6%.(Round your answer to 2 decimal places.)
Price
(b)
Honda\'s actual beta is 1.31(Round your answer to 2 decimal places.)
Price
(c)
The market risk premium is 10.1%.(Round your answer to 2 decimal places.)
Price
Recalculate the intrinsic value of Honda using the three-stage growth model given above is the
spread sheet.Treat each of the following scenarios independently. Term value Investor C 07
ROE 2.01 12 Value line 803 58
Solution
aIntrinsic value= P.V of cash flows
Dividend remains the same as in the question but term value changes due to change in growth
rate (11.6%*.7)=8.12%
P.V of dividends=22.60-(74.86*.165)=10.25
Term Value=2.92(1+.0812)/(.119-.0812)=3.157/.0378=83.52
Intrinsic value= 10.25+83.52*.165=24.03
b.New Ke=3.5%+1.31*8%=13.98%
New Discounting factors
2009= .877
2010=.77
2011=.675
2012=.592
2013=.52
2014=.456
2015=.4
2016=.351
2017=.308
2018=.270
2019=.237
2020=.208
2021=.182
2022=.160
2023=.140
2024=.123
Intrinsic value=8.88+74.86*.123=18.09
(c ) ke= 3.5%+1.05*10.1%=14.105%
New Discounting factors
2009= .876
2010=.768
2011=.673
2012=.59
2013=.517
2014=.453
2015=.397
2016=.348
2017=.305
2018=.267
2019=.234
2020=.205
2021=.18
2022=.158
2023=.138
2024=.121
Intrinsic value=8.82+74.86*.121=17.88.
Recall from Example 1 that whenever Suzan sees a bag of marbles, she.pdf
Recall from Cominco Part forecasting problem that Cominco used an integrated forecasting and
inventory control software package called IMPACT. Their inventory control module used EOQ-
ROP replenishment system. As an illustration, consider the same part we used in the forecasting.
Suppose that now is end of September and the next reorder point is coming up. Recall that using
Exponential Smoothing with ? = 0.2, the forecast for October is 6.7 units. The part costs
Cominco $15 per unit. Holding cost rate is 20% of unit cost per year. Ordering cost is $2 per
order. The purchase lead-time for this part is 20 days.
a) What should the EOQ be?
b) How many days is the EOQ enough for (= Time Supply)?
c) Calculate the total annual inventory control cost of using EOQ.
d) Suppose that now this part is ordered 7 at a time. How much more expensive is this (relative
to using EOQ as order size)?
e) Suppose that there is no variability in demand (or lead-time). Determine the re-order point.
Solution
Holding cost=0.2*15=3
Economic Order Quantity=(2*6.7*2/3)(1/2)= 4.47 unit
Total Inventory cost=(2*6.7/4.47)+(3*4.47/2)=9.70.
Read the following article on project oversightKhan, A. (2011, Ap.pdf
Read the following 2 page article and answer the following questions:
http://theweek.com/article/index/224043/the-dangers-of-quick-thinking
Question 1) Verify the % calculations for Jack & Jill.
Question 2) What is the chance that there will be an equal number of boys and girls in a 6 child
family?
POINTS AWARDED ONLY TO CORRECT/BEST ANSWER
Solution
What are the possible out comes
M,F
0, 6
1, 5
2, 4
3, 3
4, 2
5, 1
6, 0
so 3,3 is 1 of 7 possible outcomes
p(3,3) = 1/7 = 0.142 = 14%.
Read the articles in the Concise Encyclopedia of Economics entitled .pdf
Read the articles in the Concise Encyclopedia of Economics entitled “Property Rights”
(http://www.econlib.org/library/Enc/PropertyRights.html) and Law and Economics
(http://www.econlib.org/library/Enc/LawandEconomics.html)
Then summarize the main points in both articles in about one page.
Solution
Right to property assumes a center stage in a capitalistic society. Often right to property is
perceive to conflict human rights. However, the property rights themselves are a form of human
rights. Unless they\'re not properly defined, the economic agents cannot undertake judicious use
of resources and may instead result inefficient allocation of resources.The property rights need to
be defined so that people can use the resources and facilitate exchange in the market. In this
sense, the private property rights protect individual liberty. The three elements of private
property include exclusive rights to decide 1. the use of a resource, 2. the services of the
resources and 3. Exchange the resource..
Read the article Security Controls that Work by Dwayne Melancon.pdf
Read the article \" Security Controls that Work\" by Dwayne Melancon below write a report that
answers the following questions.
4. What metrics can an IT auditor use to assess how an organization is performing in terms of
change controls and change management? Why are those metrics particularly useful?
Security Controls That Work By Dwayne Melançon, CISA Ask the average IT or security
manager what measures his/her organization takes to secure its networks, systems, applications
and data, and the answer will most likely involve a combination of traditional perimeter
protection solutions (such as firewalls, intrusion detection, antivirus and antispyware) together
with patch management, business continuance strategies, and access control methods and
policies. All of these measures make sense at first glance, yet the deluge of intrusions, data
thefts, worms and other attacks continues unabated, with organizations losing productivity,
revenue and customers every year. There are many reasons for this gap in controls and
effectiveness. Access controls can be taken only so far before they run into legitimate resistance
from employees who find their productivity hampered by the very controls designed to protect it.
Traditional perimeter protection and access control are not as effective at blocking attacks from
inside organizations as they are at blocking external hackers, which says a lot, since the latter
manage to breach thousands of company networks every year. And, as the number and frequency
of zero-day attacks continue to grow, the effectiveness of patch management and traditional
signature-based intrusion detection, antivirus and antispyware solutions is increasingly in doubt.
All of this begs a host of questions: How is it possible to determine whether an organization’s
security controls actually work? Of all the hundreds of practices and objectives within Control
Objectives for Information and related Technology (COBIT), IT Infrastructure Library (ITIL)
and the other frameworks an organization may implement, which ones are truly the most
effective at helping the organization block and respond to attacks—and which ones merely sound
good but do not accomplish all that much in practice? Why are some organizations vastly better
than others at preventing and responding to attacks? On which controls should auditors focus to
verify that the infrastructure is genuinely protected? Come budget approval time, where should
the company concentrate its security money, and how can it be demonstrated to senior
management that those proposed investments will actually do the job? These are the types of
questions the IT Process Institute (ITPI) set out to answer when it was founded in 2000. One of
the results of ITPI’s work, the “IT Controls Performance Benchmark Study,”1 proves with
empirical evidence that not only are some organizations vastly better than the rest of the pack at
preventing and responding to attacks, but also that the difference between these.
Read the article Security Controls that Work by Dwayne Melancon .pdf
Read the article \"Security Controls that Work\" by Dwayne Melancon in the 2007 Issue,
Volume 4 of the Information Systems Control Journal (available
http://www.isaca.org/Journal/Past-Issues/2007/Volume-4 /Pages/Security-Controls-That-
Work1.aspx). Write a report that answers the following questions:
1. What are the differences between high-performing organizations and medium- and low-
performing organizations in terms of normal operating performance? Detection of security
breaches? Percentage of budget devoted to IT?
2. Which controls were used by almost all high-performing organizations, but were not used by
any low- or medium-performers? 3. What three things do high-performing organizations never
do?
4. What metrics can an IT auditor use to assess how an organization is performing in terms of
change controls and change management? Why are those metrics particularly useful?
Security Controls That Work By Dwayne Melançon, CISA Ask the average IT or security
manager what measures his/her organization takes to secure its networks, systems, applications
and data, and the answer will most likely involve a combination of traditional perimeter
protection solutions (such as firewalls, intrusion detection, antivirus and antispyware) together
with patch management, business continuance strategies, and access control methods and
policies. All of these measures make sense at first glance, yet the deluge of intrusions, data
thefts, worms and other attacks continues unabated, with organizations losing productivity,
revenue and customers every year. There are many reasons for this gap in controls and
effectiveness. Access controls can be taken only so far before they run into legitimate resistance
from employees who find their productivity hampered by the very controls designed to protect it.
Traditional perimeter protection and access control are not as effective at blocking attacks from
inside organizations as they are at blocking external hackers, which says a lot, since the latter
manage to breach thousands of company networks every year. And, as the number and frequency
of zero-day attacks continue to grow, the effectiveness of patch management and traditional
signature-based intrusion detection, antivirus and antispyware solutions is increasingly in doubt.
All of this begs a host of questions: How is it possible to determine whether an organization’s
security controls actually work? Of all the hundreds of practices and objectives within Control
Objectives for Information and related Technology (COBIT), IT Infrastructure Library (ITIL)
and the other frameworks an organization may implement, which ones are truly the most
effective at helping the organization block and respond to attacks—and which ones merely sound
good but do not accomplish all that much in practice? Why are some organizations vastly better
than others at preventing and responding to attacks? On which controls should auditors focus to
verify that the infrastructure is genuinely protec.
Read Birkinshaw Chapter 6Briefly describe chapter 6 of Reinventing.pdf
Read Birkinshaw Chapter 6
Briefly describe chapter 6 of Reinventing Management by Julian Birkinshaw....
Solution
On chapter 6 of Reinvening Manegement by Julian Birkinshaw, he explains that the recent crisis
we suffered was not completly fault of regulaitons or policies in the countries, it was a failure of
management as well.
Bankers with an incorrect sense of management were looking for opportunities with out caring
on the consequences on long term and these people put their interest ahead of the share holders.
The role of management is not being seen with good eye after reviewing surveys about this role.
ray has enrolled as a freshman at a university and the probability h.pdf
ray has enrolled as a freshman at a university and the probability he receives a scholarship is
0.35. if he gets a scholarship the probability he graduates is 0.82. if he doesn\'t get a scholarship
the probability he will graduate is only 0.44. The probability he graduates is 0.573 Suppose
that ray did graduate. what is the probability he received the scholarship?
Solution
P scholarship= .35 P graduates if he gets scholarship= .82 so .35*.82/.573= .501.
RatioOptum & CMS Median Ratio Hospital Industry1-99 beds100-19.pdf
Ratio
Optum & CMS Median Ratio Hospital Industry
1-99 beds
100-199 beds
200-299 beds
300-399 beds
400+ beds
Desired position
Liquidity Ratios
Current ratio
2.11
2.18
2.04
1.88
1.71
1.84
Above
Quick ratio
1.52
1.65
1.39
1.27
1.42
1.50
Above
Acid test ratio
0.30
0.35
0.18
0.20
0.20
0.38
Above
Days in account rec.
49
47
45
44
48
44
Below
Days cash on hand
86
85
81
102
76
119
Above
Average pmt period, days
50
45
51
56
53
52
Below
Revenue, expense, and profitability ratios
Operating revenue per adjusted
$7,448
$7,086
$6,407
$6,766
$7,121
$7,517
Above
Operating expense per adjusted
$7,197
$6,494
$6,112
$6,260
$6,819
$7,399
Below
Salary and benefit expense as a percentage of operating expense
40%
40%
38%
38%
38%
38%
Below
Operating Margin
0.03
0.02
0.03
0.04
0.04
0.04
Above
Nonoperating revenue
0.04
0.05
0.03
0.05
0.07
0.17
Varies
Return on total assets
0.04
0.04
0.04
0.04
0.05
0.05
Above
Return on nets assets
0.08
0.08
0.08
0.09
0.10
0.09
Above
Activity ratios
Total asset turnover ratio
1.07
1.19
1.03
0.99
1.03
1.06
Above
Net assets turnover ratio
2.12
2.17
2.03
2.11
2.04
2.21
Above
Age of plant ratio
10.31
10.41
10.12
11.97
10.93
11.19
Below
Capital structure ratios
Long-term debt to net assets ratio
0.21
0.18
0.31
0.42
0.38
0.59
Below
Net assets to total assets ratio
0.54
0.58
0.51
0.47
0.52
0.48
Above
Times interest earned ratio
3.78
3.47
3.43
3.64
4.43
5.13
Above
Debt service coverage ratio
3.18
3.51
3.63
3.50
6.36
4.24
Above
. Horizontal, vertical, and ratio analyses. Exhibits 4.29a and 4.29b show the statement of
operations and balance sheet for Resort Hospital for 20X1 and 20X0. The debt principal payment
each year for Resort is $1,300,000, and its adjusted discharges are 6,500 for 20X0 and 5,500 for
20X1.
a.Perform horizontal and vertical analyses on the balance sheet using the statement of operations.
b. Perform horizontal and vertical analyses using the balance sheet.
c. Compute all the selected ratios listed in Exhibit 4.16a.
Evaluate the financial state of Resort Hospital, a 60-bed facility, using all of the above measures.
Make the basis for the vertical analysis the year 20X0.
Resort Hospital
Statement of Operations for the Years Ended December 31, 20X1 and 20X0 (in thousands)
Particulars
20x1
20x0
Revenues
Net patient service revenue
$33,500
$30,500
Other operating revenue
2,600
2,500
Total operating revenues
36,100
33,000
Expenses
Salaries and benefits
23,500
19,600
Supplies and other expenses
11,400
10,500
Depreciation
700
700
Interest
710
710
Total operating expenses
36,310
31,510
Operating income
(210)
1,490
Nonoperating revenue
6,500
1,200
Excess of revenue over expenses
$6,290
$2,690
Exhibit 4.27b Balance Sheet for Resort Hospital
Particulars
20x1
20x0
Current assets
Cash and cash equivalents
$1,500
$2,500
Net patient A/R
6,500
4,800
Inventories
400
350
Prepaid expense
350
250
Total current assets
8,750
7,900
Plant, property, and equipment
Gross plant, property, and equipment
22,000
19,500
Less Accumulated depreciation)
(12,700.
rate of return on total assetsSolutionCalculation ofrate.pdf
rate of return on total assets
Solution
Calculation ofrate of return on total assets for the year 2012:
Rate of return on total assets = Net income / Average total assets
Net income for the year 2012 = $17,900,000
Average total assets = (328,000,000 + 318,000,000) /2 = $323,000,000
Hence ,
Rate of return on total assets = 17,900,000 / 323,000,000 = 0.05541796
= 5.54%.
Ralph Murdock found himself in a small group of co-workers at Essin .pdf
Ralph Murdock found himself in a small group of co-workers at Essin Ltd being asked about
working conditions at the plant and ways the company was considering to improve work
assignments and daily scheduling. This could be considered a form of:
Focus group .
Small Assembly Analysis.
OSHA research.
Time & Motion studies.
Feed Forward Planning.
Work Break-Down Structure.
Solution
Time & Motion studies..
Raleigh has $15 bilion in total assets. Its balance sheet shows $2 b.pdf
Raleigh has $15 bilion in total assets. Its balance sheet shows $2 billion in current liabilities . $5
billion in long term debt, and $8 billion in common equity. It has 750 million of shares of
common stock outstanding, and its stock price is $37 per share. What is Raleigh market to book
ratio?
Solution
common equity = $8 billion
Long term debt = $ 5 billion
Current liab = $2 billion
Total liability 15 billion
Total asset 15 billion
Market to bookvalue also called price to book value = share price /share book value (Total asset -
liabilities )
37/(15-2) = 37/13 = 2.84
Total asset = $15 billion.
Railroads were big business in the mid to late 1800s in the United S.pdf
Railroads were big business in the mid to late 1800s in the United States. Explain why railroads
were so important to citizens of America at this time. Be sure to include in your answer railroads
monopolies and other economic abuses of the railroads (short answer question).
Solution
Railroads were big business in the mid to late 1800s in the United States.
In the mid to late 1800s or in Beginning in the nineteenth century in the United States. Until the
late 1800s the federal government encouraged the growth of big business. By the end of the
century.A huge system of railroads was developed that to moved goods and people across great
distances, facilitated the settlement of large portions of the country, created towns and cities, and
unified a nation.
The earliest railways in the United States were short, wooden railways. The first locomotive for
use on railways was imported from England in 1829. By 1840, railroad track in the United States
had reached almost three thousand miles. There were Several other innovations helped foster the
growth of railroads between 1840 and 1860. Between 1890 and 1900 another 40,000 miles of
track were added to the railroad net; after 1900, still another 60,000 miles of line were built
railroads monopolies and other economic abuses of the railroads
Developing of railroads rapidly became huge businesses, imperative to the success of American
enterprise. The main need of the railroads helped create several other many industries like steel,
copper, glass, tools, and oil etc. The need for all of these industries to stay successful was
worrisome for railroad owners. The result was a revolution in the organization and scale of
enterprise: \"Big business reached greater markets than were ever conceived of before and could
benefit from the ability to raise vast amounts of capital that made possible the cost economies of
large-scale production\" With these huge amount of capital, the railroad companies were able to
finance the political campaigns through whatever and whomever was needed in government.
With this control in Washington, there was no way to stop the overwhelming control of this
industry over society. So we can say that the entire nation was subject to the whims of this
monopoly.
We can highlighteconomic abuses of the railroads as follow
the railroads acquired control of many facets of the new economy.
This body now had the ability to \"squeeze out competitors, force down prices
paid for labor and raw materials
the railroads companies were charged customers more
they get special favors and treatments from National and State government\" . The railroads had
all the power, because they controlled all the prices.
as we all know that citizens of the west could not survive without the use of the railroads, they
were forced to pay whatever rates the raildroad companies set.
..
Radioactive radium has a half-life of approximately 1599 years. What.pdf
Radioactive radium has a half-life of approximately 1599 years. What percent of a given amount
remains after 340 years?
Solution
We know that Equation for decay is N = N0*e^(-t/t) so we have t1/2 = 1599 years
= tln2 after t = 340 years N = N0*(e^(-340/(1599/ln2)) N = N0*0.8629 t = 86.29% of intial
amount remained.
Radio Station call letters consist of four uppercase letters which m.pdf
Radio Station call letters consist of four uppercase letters which may repeat but must begin with
either a W or a K. If call letters are assigned at random, what is the probability that
the second or third letter is an A but not both?
Please provide details and explain.
Solution
if 2nd letter is A we have 25 other options to fill 3rd place
if 3rd letter is A we have 25 other options to fill 2nd place .
so total ways posiible when A is 2nd or 3rd letter = 25 + 25 = 50
Total no of ways in which 2nd and 3rd places can be filled = 26 * 26 = 676
so required probability = 50 / 676 = 0.074.
Radioactive iodine , 131I which is frequently used in tracer studies.pdf
Radioactive iodine , 131I which is frequently used in tracer studies involving the thyroid gland,
decays according to N= N0 (0.5) t/8 , where N0 is the initial dose and t is the time in days.
Find the half life of 131I
Solution
I-131 decays with a half-life of 8.02 days.
Radio Transmitters and Receivers1. Construct the Colpitts Oscillat.pdf
Radio Transmitters and Receivers
1. Construct the Colpitts Oscillator Circuit attachment in MULTISIM
2. Discuss and calculate the following:
a. Perform research on the basic operation of the Colpitts Oscillator. Provide a brief summary.
b. Equivalent Capacitance: C
c. Resonant Frequency: fr
d. Feedback Fraction: B
e. Minimum Voltage gain for oscillation: Av(min)
3. Capture a screenshot to confirm fr and Av(min).
4. Include discussion and calculations of part 2 and paste the screenshots of part 3
Solution
2)
The Colpitt.
r=4sec(theta) Identify the curve by finding a Cartesian equation f.pdf
r=4sec(theta)
Identify the curve by finding a Cartesian equation for the curve.
Thanks!
Solution
remember: sec() = 1/cos()
So:
r=4/cos()
rcos() = 4
REMEMBER from converting to cartesian that rcos = x!
So, x = 4. This is a vertical line at x = 4!.
Acetabularia Information For Class 9 .docx
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Biological Screening of Herbal Drugs in detailed.
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
for Anti-inflammatory, Antiulcer, Anticancer, Wound healing, Antidiabetic, Hepatoprotective, Cardio protective, Diuretics and
Antifertility, Toxicity studies as per OECD guidelines
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Read the article Security Controls that Work by Dwayne Melancon.pdf
Read the article \" Security Controls that Work\" by Dwayne Melancon below write a report that
answers the following questions.
4. What metrics can an IT auditor use to assess how an organization is performing in terms of
change controls and change management? Why are those metrics particularly useful?
Security Controls That Work By Dwayne Melançon, CISA Ask the average IT or security
manager what measures his/her organization takes to secure its networks, systems, applications
and data, and the answer will most likely involve a combination of traditional perimeter
protection solutions (such as firewalls, intrusion detection, antivirus and antispyware) together
with patch management, business continuance strategies, and access control methods and
policies. All of these measures make sense at first glance, yet the deluge of intrusions, data
thefts, worms and other attacks continues unabated, with organizations losing productivity,
revenue and customers every year. There are many reasons for this gap in controls and
effectiveness. Access controls can be taken only so far before they run into legitimate resistance
from employees who find their productivity hampered by the very controls designed to protect it.
Traditional perimeter protection and access control are not as effective at blocking attacks from
inside organizations as they are at blocking external hackers, which says a lot, since the latter
manage to breach thousands of company networks every year. And, as the number and frequency
of zero-day attacks continue to grow, the effectiveness of patch management and traditional
signature-based intrusion detection, antivirus and antispyware solutions is increasingly in doubt.
All of this begs a host of questions: How is it possible to determine whether an organization’s
security controls actually work? Of all the hundreds of practices and objectives within Control
Objectives for Information and related Technology (COBIT), IT Infrastructure Library (ITIL)
and the other frameworks an organization may implement, which ones are truly the most
effective at helping the organization block and respond to attacks—and which ones merely sound
good but do not accomplish all that much in practice? Why are some organizations vastly better
than others at preventing and responding to attacks? On which controls should auditors focus to
verify that the infrastructure is genuinely protected? Come budget approval time, where should
the company concentrate its security money, and how can it be demonstrated to senior
management that those proposed investments will actually do the job? These are the types of
questions the IT Process Institute (ITPI) set out to answer when it was founded in 2000. One of
the results of ITPI’s work, the “IT Controls Performance Benchmark Study,”1 proves with
empirical evidence that not only are some organizations vastly better than the rest of the pack at
preventing and responding to attacks, but also that the difference between these.
Read the article Security Controls that Work by Dwayne Melancon .pdf
Read the article \"Security Controls that Work\" by Dwayne Melancon in the 2007 Issue,
Volume 4 of the Information Systems Control Journal (available
http://www.isaca.org/Journal/Past-Issues/2007/Volume-4 /Pages/Security-Controls-That-
Work1.aspx). Write a report that answers the following questions:
1. What are the differences between high-performing organizations and medium- and low-
performing organizations in terms of normal operating performance? Detection of security
breaches? Percentage of budget devoted to IT?
2. Which controls were used by almost all high-performing organizations, but were not used by
any low- or medium-performers? 3. What three things do high-performing organizations never
do?
4. What metrics can an IT auditor use to assess how an organization is performing in terms of
change controls and change management? Why are those metrics particularly useful?
Security Controls That Work By Dwayne Melançon, CISA Ask the average IT or security
manager what measures his/her organization takes to secure its networks, systems, applications
and data, and the answer will most likely involve a combination of traditional perimeter
protection solutions (such as firewalls, intrusion detection, antivirus and antispyware) together
with patch management, business continuance strategies, and access control methods and
policies. All of these measures make sense at first glance, yet the deluge of intrusions, data
thefts, worms and other attacks continues unabated, with organizations losing productivity,
revenue and customers every year. There are many reasons for this gap in controls and
effectiveness. Access controls can be taken only so far before they run into legitimate resistance
from employees who find their productivity hampered by the very controls designed to protect it.
Traditional perimeter protection and access control are not as effective at blocking attacks from
inside organizations as they are at blocking external hackers, which says a lot, since the latter
manage to breach thousands of company networks every year. And, as the number and frequency
of zero-day attacks continue to grow, the effectiveness of patch management and traditional
signature-based intrusion detection, antivirus and antispyware solutions is increasingly in doubt.
All of this begs a host of questions: How is it possible to determine whether an organization’s
security controls actually work? Of all the hundreds of practices and objectives within Control
Objectives for Information and related Technology (COBIT), IT Infrastructure Library (ITIL)
and the other frameworks an organization may implement, which ones are truly the most
effective at helping the organization block and respond to attacks—and which ones merely sound
good but do not accomplish all that much in practice? Why are some organizations vastly better
than others at preventing and responding to attacks? On which controls should auditors focus to
verify that the infrastructure is genuinely protec.
Read Birkinshaw Chapter 6Briefly describe chapter 6 of Reinventing.pdf
Read Birkinshaw Chapter 6
Briefly describe chapter 6 of Reinventing Management by Julian Birkinshaw....
Solution
On chapter 6 of Reinvening Manegement by Julian Birkinshaw, he explains that the recent crisis
we suffered was not completly fault of regulaitons or policies in the countries, it was a failure of
management as well.
Bankers with an incorrect sense of management were looking for opportunities with out caring
on the consequences on long term and these people put their interest ahead of the share holders.
The role of management is not being seen with good eye after reviewing surveys about this role.
ray has enrolled as a freshman at a university and the probability h.pdf
ray has enrolled as a freshman at a university and the probability he receives a scholarship is
0.35. if he gets a scholarship the probability he graduates is 0.82. if he doesn\'t get a scholarship
the probability he will graduate is only 0.44. The probability he graduates is 0.573 Suppose
that ray did graduate. what is the probability he received the scholarship?
Solution
P scholarship= .35 P graduates if he gets scholarship= .82 so .35*.82/.573= .501.
RatioOptum & CMS Median Ratio Hospital Industry1-99 beds100-19.pdf
Ratio
Optum & CMS Median Ratio Hospital Industry
1-99 beds
100-199 beds
200-299 beds
300-399 beds
400+ beds
Desired position
Liquidity Ratios
Current ratio
2.11
2.18
2.04
1.88
1.71
1.84
Above
Quick ratio
1.52
1.65
1.39
1.27
1.42
1.50
Above
Acid test ratio
0.30
0.35
0.18
0.20
0.20
0.38
Above
Days in account rec.
49
47
45
44
48
44
Below
Days cash on hand
86
85
81
102
76
119
Above
Average pmt period, days
50
45
51
56
53
52
Below
Revenue, expense, and profitability ratios
Operating revenue per adjusted
$7,448
$7,086
$6,407
$6,766
$7,121
$7,517
Above
Operating expense per adjusted
$7,197
$6,494
$6,112
$6,260
$6,819
$7,399
Below
Salary and benefit expense as a percentage of operating expense
40%
40%
38%
38%
38%
38%
Below
Operating Margin
0.03
0.02
0.03
0.04
0.04
0.04
Above
Nonoperating revenue
0.04
0.05
0.03
0.05
0.07
0.17
Varies
Return on total assets
0.04
0.04
0.04
0.04
0.05
0.05
Above
Return on nets assets
0.08
0.08
0.08
0.09
0.10
0.09
Above
Activity ratios
Total asset turnover ratio
1.07
1.19
1.03
0.99
1.03
1.06
Above
Net assets turnover ratio
2.12
2.17
2.03
2.11
2.04
2.21
Above
Age of plant ratio
10.31
10.41
10.12
11.97
10.93
11.19
Below
Capital structure ratios
Long-term debt to net assets ratio
0.21
0.18
0.31
0.42
0.38
0.59
Below
Net assets to total assets ratio
0.54
0.58
0.51
0.47
0.52
0.48
Above
Times interest earned ratio
3.78
3.47
3.43
3.64
4.43
5.13
Above
Debt service coverage ratio
3.18
3.51
3.63
3.50
6.36
4.24
Above
. Horizontal, vertical, and ratio analyses. Exhibits 4.29a and 4.29b show the statement of
operations and balance sheet for Resort Hospital for 20X1 and 20X0. The debt principal payment
each year for Resort is $1,300,000, and its adjusted discharges are 6,500 for 20X0 and 5,500 for
20X1.
a.Perform horizontal and vertical analyses on the balance sheet using the statement of operations.
b. Perform horizontal and vertical analyses using the balance sheet.
c. Compute all the selected ratios listed in Exhibit 4.16a.
Evaluate the financial state of Resort Hospital, a 60-bed facility, using all of the above measures.
Make the basis for the vertical analysis the year 20X0.
Resort Hospital
Statement of Operations for the Years Ended December 31, 20X1 and 20X0 (in thousands)
Particulars
20x1
20x0
Revenues
Net patient service revenue
$33,500
$30,500
Other operating revenue
2,600
2,500
Total operating revenues
36,100
33,000
Expenses
Salaries and benefits
23,500
19,600
Supplies and other expenses
11,400
10,500
Depreciation
700
700
Interest
710
710
Total operating expenses
36,310
31,510
Operating income
(210)
1,490
Nonoperating revenue
6,500
1,200
Excess of revenue over expenses
$6,290
$2,690
Exhibit 4.27b Balance Sheet for Resort Hospital
Particulars
20x1
20x0
Current assets
Cash and cash equivalents
$1,500
$2,500
Net patient A/R
6,500
4,800
Inventories
400
350
Prepaid expense
350
250
Total current assets
8,750
7,900
Plant, property, and equipment
Gross plant, property, and equipment
22,000
19,500
Less Accumulated depreciation)
(12,700.
rate of return on total assetsSolutionCalculation ofrate.pdf
rate of return on total assets
Solution
Calculation ofrate of return on total assets for the year 2012:
Rate of return on total assets = Net income / Average total assets
Net income for the year 2012 = $17,900,000
Average total assets = (328,000,000 + 318,000,000) /2 = $323,000,000
Hence ,
Rate of return on total assets = 17,900,000 / 323,000,000 = 0.05541796
= 5.54%.
Ralph Murdock found himself in a small group of co-workers at Essin .pdf
Ralph Murdock found himself in a small group of co-workers at Essin Ltd being asked about
working conditions at the plant and ways the company was considering to improve work
assignments and daily scheduling. This could be considered a form of:
Focus group .
Small Assembly Analysis.
OSHA research.
Time & Motion studies.
Feed Forward Planning.
Work Break-Down Structure.
Solution
Time & Motion studies..
Raleigh has $15 bilion in total assets. Its balance sheet shows $2 b.pdf
Raleigh has $15 bilion in total assets. Its balance sheet shows $2 billion in current liabilities . $5
billion in long term debt, and $8 billion in common equity. It has 750 million of shares of
common stock outstanding, and its stock price is $37 per share. What is Raleigh market to book
ratio?
Solution
common equity = $8 billion
Long term debt = $ 5 billion
Current liab = $2 billion
Total liability 15 billion
Total asset 15 billion
Market to bookvalue also called price to book value = share price /share book value (Total asset -
liabilities )
37/(15-2) = 37/13 = 2.84
Total asset = $15 billion.
Railroads were big business in the mid to late 1800s in the United S.pdf
Railroads were big business in the mid to late 1800s in the United States. Explain why railroads
were so important to citizens of America at this time. Be sure to include in your answer railroads
monopolies and other economic abuses of the railroads (short answer question).
Solution
Railroads were big business in the mid to late 1800s in the United States.
In the mid to late 1800s or in Beginning in the nineteenth century in the United States. Until the
late 1800s the federal government encouraged the growth of big business. By the end of the
century.A huge system of railroads was developed that to moved goods and people across great
distances, facilitated the settlement of large portions of the country, created towns and cities, and
unified a nation.
The earliest railways in the United States were short, wooden railways. The first locomotive for
use on railways was imported from England in 1829. By 1840, railroad track in the United States
had reached almost three thousand miles. There were Several other innovations helped foster the
growth of railroads between 1840 and 1860. Between 1890 and 1900 another 40,000 miles of
track were added to the railroad net; after 1900, still another 60,000 miles of line were built
railroads monopolies and other economic abuses of the railroads
Developing of railroads rapidly became huge businesses, imperative to the success of American
enterprise. The main need of the railroads helped create several other many industries like steel,
copper, glass, tools, and oil etc. The need for all of these industries to stay successful was
worrisome for railroad owners. The result was a revolution in the organization and scale of
enterprise: \"Big business reached greater markets than were ever conceived of before and could
benefit from the ability to raise vast amounts of capital that made possible the cost economies of
large-scale production\" With these huge amount of capital, the railroad companies were able to
finance the political campaigns through whatever and whomever was needed in government.
With this control in Washington, there was no way to stop the overwhelming control of this
industry over society. So we can say that the entire nation was subject to the whims of this
monopoly.
We can highlighteconomic abuses of the railroads as follow
the railroads acquired control of many facets of the new economy.
This body now had the ability to \"squeeze out competitors, force down prices
paid for labor and raw materials
the railroads companies were charged customers more
they get special favors and treatments from National and State government\" . The railroads had
all the power, because they controlled all the prices.
as we all know that citizens of the west could not survive without the use of the railroads, they
were forced to pay whatever rates the raildroad companies set.
..
Radioactive radium has a half-life of approximately 1599 years. What.pdf
Radioactive radium has a half-life of approximately 1599 years. What percent of a given amount
remains after 340 years?
Solution
We know that Equation for decay is N = N0*e^(-t/t) so we have t1/2 = 1599 years
= tln2 after t = 340 years N = N0*(e^(-340/(1599/ln2)) N = N0*0.8629 t = 86.29% of intial
amount remained.
Radio Station call letters consist of four uppercase letters which m.pdf
Radio Station call letters consist of four uppercase letters which may repeat but must begin with
either a W or a K. If call letters are assigned at random, what is the probability that
the second or third letter is an A but not both?
Please provide details and explain.
Solution
if 2nd letter is A we have 25 other options to fill 3rd place
if 3rd letter is A we have 25 other options to fill 2nd place .
so total ways posiible when A is 2nd or 3rd letter = 25 + 25 = 50
Total no of ways in which 2nd and 3rd places can be filled = 26 * 26 = 676
so required probability = 50 / 676 = 0.074.
Radioactive iodine , 131I which is frequently used in tracer studies.pdf
Radioactive iodine , 131I which is frequently used in tracer studies involving the thyroid gland,
decays according to N= N0 (0.5) t/8 , where N0 is the initial dose and t is the time in days.
Find the half life of 131I
Solution
I-131 decays with a half-life of 8.02 days.
Radio Transmitters and Receivers1. Construct the Colpitts Oscillat.pdf
Radio Transmitters and Receivers
1. Construct the Colpitts Oscillator Circuit attachment in MULTISIM
2. Discuss and calculate the following:
a. Perform research on the basic operation of the Colpitts Oscillator. Provide a brief summary.
b. Equivalent Capacitance: C
c. Resonant Frequency: fr
d. Feedback Fraction: B
e. Minimum Voltage gain for oscillation: Av(min)
3. Capture a screenshot to confirm fr and Av(min).
4. Include discussion and calculations of part 2 and paste the screenshots of part 3
Solution
2)
The Colpitt.
r=4sec(theta) Identify the curve by finding a Cartesian equation f.pdf
r=4sec(theta)
Identify the curve by finding a Cartesian equation for the curve.
Thanks!
Solution
remember: sec() = 1/cos()
So:
r=4/cos()
rcos() = 4
REMEMBER from converting to cartesian that rcos = x!
So, x = 4. This is a vertical line at x = 4!.
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http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
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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.
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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
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• 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
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Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
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The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
special B.ed 2nd year old paper_20240531.pdf
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