With respect to data, list and discuss 4 things that can be implied .pdf
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With n = 11 and p = 0.3, find the binomial probability P(5) by using a binomial probability table. (b) if np ? 5 and nq ?5, also estimate the indicated probability by using the normal distribution as an approproximation to the binomial; if np < 5 or nq < 5, then state that the normal approximation cannot be used. (a) Find the probability by using a binomial probability table. P (5) = (round to three decimal places as needed.) (b) Select the correct choice below and if neccessary, fill in the answer box to complete your choice. A. P(5) = (Round to four decimal places as needed) B. The normal distribution cannot be used. Answer Letter \"B\" only and show work,please. Solution Answer B) Since np= 11*0.3= 3.3 which is less than 5 normal approximation cannot be used.
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with the answer rounded to four decimals a horse race has 13 entrie.pdf
With n=14 and p=0.3, find the binomial probability P(6) by using a binomial probability table.
P(6)=
(Round to the three decimal)
Also,
If np is greater than or equal to 5 and nq is greater than or equal to 5, estimate the indicated
probability by using the normal distribution as an approximation to the binomial.
Solution
for n=14 ,p=0.3,r=6 here r is the success here we want to calculate probability of
getting 6 success out of 14 trial having chance of success is 30 % in each trial so using binomial
distribution p(6)= 14C6 *p^6*(1-p)^(14-6)= 14C6*p^6*(1-p)^8 = 14C6*(0.3)^6*(0.70)^8
P(6)=0.126202 ( using table) np=14*0.3=4.2<5 nq=14*0.7=9.8>5.
Wireless local-area networks (LANs) have greater risks than wired LA.pdf
wireless electricity essay in 2000 words
Solution
wireless electricity is the method of transmission of electricity without the use of man-made
conductors. This is a modern and hi-tech way of transmitting electrical energy. It is mostly used
in cases when it is difficult or impossible to transfer electricity using traditional methods.
Generally conducting wires are used to transmit electricity over an area.
Wireless electricity implemented by different methods
1.Inductive coupling
2.Radio frequency harvesting
3.Magnetically coupled resonance
One of the most common ways of achieving wireless transmission of electricity is direct
induction and resonant magnetic induction. There are other ways of achieving this too, like
electrical conduction and electromagnetic radiation. In direct induction, two conductors are
coupled such that changes in current in one conductor induces voltage in the other
conductor.This happens due to electromagnetic induction. Transformers use this method.
In resonant magnetic induction, the energy is transferred between two wires which are tuned at
the same frequency. The machine used for this purpose is known as resonance transformer.
These two methods done in the given order help in transmission of electricity in wireless fashion.
Electromagnetic radiations used are microwaves or lasers. Electromagnetic induction can also be
used for wireless transmission. It can be magnetic or capacitive in nature. Capacitive coupling is
also known as an electrostatic induction method. With laser or microwave method, power
transmission can be made more directional.
In systems of coupled resonances, there is often a general \"Strongly Coupled\" regime of
operation. If one can operate in that regime in a given system, Midrange power transfer
implemented in this way can be nearly omni directional and efficient, irrespective of the
geometry of the surrounding space, with low interference and losses into environmental objects.
The above considerations apply irrespective of the physical nature of the resonances. Magnetic
resonances are particularly suitable for everyday applications because most of the common
materials do not interact with Magnetic Fields, so interactions with Environmental objects are
suppressed even further. We were able to identify the strongly coupled regime in the system of
two coupled magnetic resonances by exploring Non-radioactive (near-field) magnetic resonant
induction at Megahertz frequencies.
Why wireless electricity needed
Now a days there is a Rapid development of autonomous electronics like laptops, cell-phones,
house-hold robots and all the above devices typically rely on chemical energy storage(Battery)
.As they are becoming daily needs to present generation, Wireless energy transfer would be
useful for many applications as above and they need midrange energy.
Currently, wired electricity powers nearly everything. It travels through wires in the form of
Alternating Current, and powers most of our devices in .
with a 0.1 level of significance and a Standard deviation of 13, How.pdf
With ? = .05 and a sample of n = 30 participants in a repeated-measures study comparing two
treatments, what are the t statistic boundaries for the two-tailed critical region?
Solution
given a = .05 and a sample of n = 15 participants in a repeated-measures
degrees of freedom = n-1 =14
t statistic boundaries for the two-tailed critical region is (-2.145,2.145).
with a well-designed sample survey, the sample percentage is very li.pdf
With a perfectly balances roulette wheel, in the long run, red numbers should turn up 18 times in
38. To test its wheel, one casino records the results of 3,800 plays, finding 1,890 red numbers. Is
that too many reds? Or chance variation?
(a) Formulate the null and alternative hypotheses as statements about a box model.
(b) The null says that the percentage of reds in the box is _____. The alternative says that the
percentage of reds in the box is ______. Fill in the blanks.
Solution
Ho: p=18/38
H1: p18/38
Test statistic: z = (p_hat - p)/sqrt(p(1-p)/n) = (1890/3800 - 18/38)/sqrt((18/38)*(1-18/38)/3800) =
2.92
p-value = 2* z(2.92) = 2*0.0017 = .0034
Reject Ho since p-value is less than =0.05.
The sample indicates that there were too many reds..
Wilma just sold the shares of International Inns stock that she owed.pdf
Wilma just sold the shares of International Inns stock that she owed for $156 per share she
purchased the stock one year ago for $150 per share. If Wilma did not receive any dividend
payments during the year, what yield did she earn on her investment?
Solution
If Wilma did not receive any dividend payments during the year, what yield did she earn on her
investment?
Ans) Yield she earn on her investment = (156-150)/150 * 100
= 4%.
Willy, Nellie, Janis, Anmie, and Bob work for a group within a compa.pdf
Willy, Nellie, Janis, Anmie, and Bob work for a group within a company in Cerritos. A subgroup
of of three of them will be chosen to represent the group at a job conference. how many different
groups af three could be selected?
Solution
5 C 3 = 5! / 2!* 3! = 10 different groups..
In a certain class of students, there are 12 bous from Wilmette, 4 g.pdf
In a certain class of students, there are 12 bous from Wilmette, 4 girls from Kenilworth, 9 girls
Wilmette, 7 boys from Glencoe, 5 boys from Kenilworth and 5 girls from Glencoe. If the teacher
calls upon a student to answer a question, what is the porbabilty that the student will be from
Kenilworth?
Solution
9/42.
In 8 years Joey and Monica would like to have $14000 for a down paym.pdf
In 8 years Joey and Monica would like to have $14000 for a down payment on a house. How
much should they deposit each half-year into an account paying 8% compounded semi-annually?
Answer = $ ??
Solution
Let x be the amount deposited each half year
so, we have x(1 + r/2)16 = 14000
=> x = 14000/1.0416 = 7474.71
Answer = $ 7474.71.
Recommended
with the answer rounded to four decimals a horse race has 13 entrie.pdf
With n=14 and p=0.3, find the binomial probability P(6) by using a binomial probability table.
P(6)=
(Round to the three decimal)
Also,
If np is greater than or equal to 5 and nq is greater than or equal to 5, estimate the indicated
probability by using the normal distribution as an approximation to the binomial.
Solution
for n=14 ,p=0.3,r=6 here r is the success here we want to calculate probability of
getting 6 success out of 14 trial having chance of success is 30 % in each trial so using binomial
distribution p(6)= 14C6 *p^6*(1-p)^(14-6)= 14C6*p^6*(1-p)^8 = 14C6*(0.3)^6*(0.70)^8
P(6)=0.126202 ( using table) np=14*0.3=4.2<5 nq=14*0.7=9.8>5.
Wireless local-area networks (LANs) have greater risks than wired LA.pdf
wireless electricity essay in 2000 words
Solution
wireless electricity is the method of transmission of electricity without the use of man-made
conductors. This is a modern and hi-tech way of transmitting electrical energy. It is mostly used
in cases when it is difficult or impossible to transfer electricity using traditional methods.
Generally conducting wires are used to transmit electricity over an area.
Wireless electricity implemented by different methods
1.Inductive coupling
2.Radio frequency harvesting
3.Magnetically coupled resonance
One of the most common ways of achieving wireless transmission of electricity is direct
induction and resonant magnetic induction. There are other ways of achieving this too, like
electrical conduction and electromagnetic radiation. In direct induction, two conductors are
coupled such that changes in current in one conductor induces voltage in the other
conductor.This happens due to electromagnetic induction. Transformers use this method.
In resonant magnetic induction, the energy is transferred between two wires which are tuned at
the same frequency. The machine used for this purpose is known as resonance transformer.
These two methods done in the given order help in transmission of electricity in wireless fashion.
Electromagnetic radiations used are microwaves or lasers. Electromagnetic induction can also be
used for wireless transmission. It can be magnetic or capacitive in nature. Capacitive coupling is
also known as an electrostatic induction method. With laser or microwave method, power
transmission can be made more directional.
In systems of coupled resonances, there is often a general \"Strongly Coupled\" regime of
operation. If one can operate in that regime in a given system, Midrange power transfer
implemented in this way can be nearly omni directional and efficient, irrespective of the
geometry of the surrounding space, with low interference and losses into environmental objects.
The above considerations apply irrespective of the physical nature of the resonances. Magnetic
resonances are particularly suitable for everyday applications because most of the common
materials do not interact with Magnetic Fields, so interactions with Environmental objects are
suppressed even further. We were able to identify the strongly coupled regime in the system of
two coupled magnetic resonances by exploring Non-radioactive (near-field) magnetic resonant
induction at Megahertz frequencies.
Why wireless electricity needed
Now a days there is a Rapid development of autonomous electronics like laptops, cell-phones,
house-hold robots and all the above devices typically rely on chemical energy storage(Battery)
.As they are becoming daily needs to present generation, Wireless energy transfer would be
useful for many applications as above and they need midrange energy.
Currently, wired electricity powers nearly everything. It travels through wires in the form of
Alternating Current, and powers most of our devices in .
with a 0.1 level of significance and a Standard deviation of 13, How.pdf
With ? = .05 and a sample of n = 30 participants in a repeated-measures study comparing two
treatments, what are the t statistic boundaries for the two-tailed critical region?
Solution
given a = .05 and a sample of n = 15 participants in a repeated-measures
degrees of freedom = n-1 =14
t statistic boundaries for the two-tailed critical region is (-2.145,2.145).
with a well-designed sample survey, the sample percentage is very li.pdf
With a perfectly balances roulette wheel, in the long run, red numbers should turn up 18 times in
38. To test its wheel, one casino records the results of 3,800 plays, finding 1,890 red numbers. Is
that too many reds? Or chance variation?
(a) Formulate the null and alternative hypotheses as statements about a box model.
(b) The null says that the percentage of reds in the box is _____. The alternative says that the
percentage of reds in the box is ______. Fill in the blanks.
Solution
Ho: p=18/38
H1: p18/38
Test statistic: z = (p_hat - p)/sqrt(p(1-p)/n) = (1890/3800 - 18/38)/sqrt((18/38)*(1-18/38)/3800) =
2.92
p-value = 2* z(2.92) = 2*0.0017 = .0034
Reject Ho since p-value is less than =0.05.
The sample indicates that there were too many reds..
Wilma just sold the shares of International Inns stock that she owed.pdf
Wilma just sold the shares of International Inns stock that she owed for $156 per share she
purchased the stock one year ago for $150 per share. If Wilma did not receive any dividend
payments during the year, what yield did she earn on her investment?
Solution
If Wilma did not receive any dividend payments during the year, what yield did she earn on her
investment?
Ans) Yield she earn on her investment = (156-150)/150 * 100
= 4%.
Willy, Nellie, Janis, Anmie, and Bob work for a group within a compa.pdf
Willy, Nellie, Janis, Anmie, and Bob work for a group within a company in Cerritos. A subgroup
of of three of them will be chosen to represent the group at a job conference. how many different
groups af three could be selected?
Solution
5 C 3 = 5! / 2!* 3! = 10 different groups..
In a certain class of students, there are 12 bous from Wilmette, 4 g.pdf
In a certain class of students, there are 12 bous from Wilmette, 4 girls from Kenilworth, 9 girls
Wilmette, 7 boys from Glencoe, 5 boys from Kenilworth and 5 girls from Glencoe. If the teacher
calls upon a student to answer a question, what is the porbabilty that the student will be from
Kenilworth?
Solution
9/42.
In 8 years Joey and Monica would like to have $14000 for a down paym.pdf
In 8 years Joey and Monica would like to have $14000 for a down payment on a house. How
much should they deposit each half-year into an account paying 8% compounded semi-annually?
Answer = $ ??
Solution
Let x be the amount deposited each half year
so, we have x(1 + r/2)16 = 14000
=> x = 14000/1.0416 = 7474.71
Answer = $ 7474.71.
In 2015, Dominique and Felix are married and file a joint Federal In.pdf
In 2015, Dominique and Felix are married and file a joint Federal Income tax return. Their AGI
is $ 312,650, and they claim three dependency exemptions. Compute the taxpayers total
deduction for exemptions for the year.
Solution
standard deduction =$12,600
Total deduction for exemption=12600+(5*4000)= $32,600
5*4000 is for 3 dependency and dominic and felix total 5.
In 2014, the AICPAs Professional Ethics Executive Committee adopte.pdf
In 2014, the AICPA\'s Professional Ethics Executive Committee adopted a revised Code of
Professional Conduct that is effective December 15, 2014. Briefly describe how the new Code is
structured and indicate where would you find guidance about the importance of integrity.
Solution.
In 2012, the Commonwealth of Virginia contemplated outsourcing the m.pdf
In 2012, the Commonwealth of Virginia contemplated outsourcing the management of its port to
private operators. Most large ports in the U.S. (L.A.,Seattle, NY/NJ) have one or more private
firms managing and operating them. Ultimately, Virginia decided not to privatize its port
management.
(a)Why might a private operator generate better results than a public sector operator?
(b)A private operator has to pay for the right to operate a port. If you are in charge of a port,
perhaps L.A., how would you determine the right amount of money to charge the private
operator?
(c)How could you structure the contract so that the private operator has an incentive to do well
and L.A. will also do well at the same time?
Solution
(a) Operations and Managemnet of ports are businesses in their own right and should be
managed to achieve optimal utilization of capital. Investments in port assets are affected by risk,
competition for land and capital, or other factors in the competitive business environment.
Subsidies and government-provided incentives distort the allocation of resources for port
development and may result in over- or underinvestment. Therefore, private operators may
generate better results than a public sector operator.
(b) For determing the right amoount of money to be charged to private operators, an authority of
port has to consider numerouos factors that may affect the interport competition. Such as
geographical location including Proximity to one or more major maritime routes, natural deep
water, good protection against waves and currents, large waterfront and landside expansion
possibilities, proximity to major production or consumption areas, good hinterland connections
(road, rail, pipeline, and waterway) with high frequency service offering good connectivity.
Types of cargos handled at the port, Institutional structure and socioeconomic climate are other
factors that measures the benefits for the operators. Besides costs will also be determined and
then a match between them is found to get the right amount of charge.
(c) The contract would include some government interventions to improve the public goods, that
are inherently nondivisible and nonconsumable, such as public safety, security, and a healthy
environment. Investments would be made by the public in port assets that have strong direct and
indirect multiplier effects on the entire national economy and, further, that the commitment of
public resources would be made available to encourage coinvestment by the commercial and
industrial sectors..
In 2012 Annie invests $55,000 in an activity for which she is not a .pdf
In 2012 Annie invests $55,000 in an activity for which she is not a material participant. Annie
has no other sources of income. Annie\'s losses from the activity are as follows:
Income/(Loss)
2012 ($45,000)
2013 ($20,000)
2014 $30,000
Calculate Annie’s deductible loss, basis, and any losses suspended under the at-risk and/or
passive activity loss rules each year.
Solution
As Tonu is not a material participant, the basis will be
Year 1 55000
Year 2 10000(55000-45000)
Year 3 -10000(10000-20000)
The risk will be
2012 55000
2013 10000
2014 (10000).
In 2011, the government of Greece ran into severe financial difficul.pdf
In 2011, the government of Greece ran into severe financial difficulties. For years, the Greek
government had spent much more than it had received in tax revenue, financing the substantial
budget deficits by borrowing. If Greece had had its own currency, rather than being part of the
euro area, how could that help Greece solve the problem? (Make sure you state your intuition)
Hint: Using Open Economy
Solution
Euro zone as a monetary union which takes the most extreme form of fixed exchange regime. If
Greece continues following fixed exchange rate, it will be unable to adjust its exchange rate in
accordance to its budget. It will lose its flexibility to operate in the market and adjust its finances.
However, had the country had its own currency, it would have helped itself out of the deficit by
adjusting the exchange rate and thus money inflow..
In 2009, AppleSolution In an agricultural re.pdf
In 2009, Apple
Solution
In an agricultural report, a commodities analyst suggests that there is a correlation
between debt and income in the farming business. The table shows the total debts (in millions of
dollars) and total incomes (in millions of dollars) for farms in seven states for a recent year. At ?
= 0.05, is there enough evidence to support the analyst.
In 2001, 34.6 of European citizens stated they had been the victim .pdf
In 2001, 34.6% of European citizens stated they had been the victim of identity theft. You
conduct a follow-up survey and determine that 40 were victims of identity theft out of 150
European citizens in 2004. What is probability that no more than 40 people will be victims of
identity theft? Is this unusual?
Solution
mean =n*p=150*.346=51.9
variance=n*p*1-p=33.94
sd=5.82
P(X<40)=(40-51.9/5.82)=(-2.04)
=.0207.
In 1974, there were 17 countries that had at least One nuclear react.pdf
In 1974, there were 17 countries that had at least One nuclear reactor installed and operating. The
mean and standard deviation of the numbers of nuclear power reactors for 17 countries are 7.5
and 11.1 respectively.
A. The USA had 42 operating nuclear power reactors. Do you think any country had more?
Why?
B. Do you think the data are symmetric or skewed?
Solution
Z =(42-7.5)/(11.1/17) = 12.815
P(Z > 12.815) =0
So, no country had more.
symmetrical.
In 1948 Claude Shannon quantified information asSolutionDescr.pdf
In 1948 Claude Shannon quantified information as:
Solution
Description: Basically in a message we get information. But getting such information is
probability oriented. It means we expect to get such and such information. There is no surprising
act. But if there is any surprise of getting unexpected information, then this is not probability
oriented. It means, there was no probability in the mind of recipient of getting such information.
Therefore, Surprise and probability are inversely related. More surprise indicates less probability.
Beyond information: This description is beyond the defination of information. This is the
mathematical exposure of information and probability.
Quantify: Information is quantified by recipient\'s surprise. More surprise means more
information..
Importance of IA functionKey concepts of independent and objectivi.pdf
Importance of IA function
Key concepts of independent and objectivity
Idea of governance of risk control 3 functions
Assurance and consulting difference
Roles of the Board, Senior management, Internal Audit, External Audit pertains internal control
The responsibilities of CAE
The component of ERM, Role of IA in ERM(Inferent Risk, Controllable Risk and Residual Risk)
What are segment of duties
Difference between Risk appetite, Risk response and Risk assessment
What are the different types of controls
Solution
Answer:The Importance of IA function are
Key concepts of independent and objectivity:Members and Candidates must use reasonable care
and judgment to achieve and maintain independence and objectivity in their professional
activities. Members and Candidates must not offer, solicit, or accept any gift, benefit,
compensation, or consideration that reasonably could be expected to compromise their own or
another\'s independence and objectivity.
The difference between Risk appetite, Risk response and Risk assessment:
Both risk appetite and risk tolerance set boundaries of how much risk an entity is prepared to
accept. Risk appetite is a higher level statement that considers broadly the levels of risks that
management deems acceptable while risk tolerances are more narrow and set the acceptable level
of variation around objectives. For instance, a company that says that it is does not accept risks
that could result in a significant loss of its revenue base is expressing appetite. When the same
company says that it does not wish to accept risks that would cause revenue from its top-10
customers to decline by more than 10% it is expressing tolerance. Operating within risk
tolerances provides management greater assurance that the company remains within its risk
appetite, which, in turn, provides a higher degree of comfort that the company will achieve its
objectives. A risk assessment is a systematic examination of a task, job or process that you carry
out at work for the purpose of; Identifying the significant hazards that are present (a hazard is
something that has the potential to cause someone harm or ill health).
The different types of controls are:.
Important to reference, main referencing styles and role of bibliogr.pdf
Important to reference, main referencing styles and role of bibliography?
Solution
Referencing can be described as a system that is used in academic community to tell where the
theories, ideas, facts and quotes can be found for reference.
The main referencing styles are as follows:
A bibliography can be defined as a list of articles, manuscripts, books and government
documents that are arranged and described in a systematic order.
Role of Bibliography:.
Implement a linear congruential random generator and study the perio.pdf
Implement a linear congruential random generator and study the periodicity and the nonlinear
dependencies that may exist among the generated sequence of numbers as the parameters
Solution
http://www.ees.nmt.edu/outside/courses/hyd510/PDFs/Programming using
matlab.pdf.
Implement a four-band subband coder. Use a speech signal you recorde.pdf
Implement a four-band subband coder. Use a speech signal you recorded as the input. Plot four
individual sub-band outputs. we need to write matlab code.
Solution
there is a one sub band ouput corresponds to single input
so 16 states are possibe.
In 2000, in Country A, the average family net worth was $410,000, an.pdf
In 2000, in Country A, the average family net worth was $410,000, and there was about 6.1 x
10^7 families. Calculate the total family net worth Country A in 2000.
Country A\'s total family net worth is what in dollars?
Solution
To get the total net worth, simply multiply the average net worth by the number of families.
Using scientific notation,
410,000 = 4.1*10^5
(4.1*10^5)*(6.1*10^7) = 4.1*6.1 * 10^12 = 25.01 * 10^12 = 2.5 * 10^13 (Rounded to the
nearest tenth).
In 1895 an Italian criminologist, Cesare Lombroso, proposed that blo.pdf
In 1895 an Italian criminologist, Cesare Lombroso, proposed that blood pressure be used to test
for truthfulness. In the 1930s, William Marston added the measurements of respiration and
perspiration to the process, built a machine to do the measuring, and called his invention the
polygraph or lie detector. Today, the federal courts will not consider polygraph results as
evidence, but nearly half the state courts do permit polygraph tests under certain circumstances.
In addition, its use in screening job applicants is on the rise. Physicians Michael Phillips, Allan
Brett, and John Beary subjected the polygraph to the same careful testing given to medical
diagnostic tests. They found that if 1,000 people were subjected to the polygraph and 500 told
the truth and 500 lied, the polygraph would indicate that approximately 185 of the truth-tellers
were liars and that approximately 120 of the liars were truth-tellers (%u201CLie Detectors Can
Make a Liar out of You,%u201D Discover, June 1986).
1. In the application of a polygraph test, an individual is presumed to be a truth-teller (H0) until
%u201Cproven%u201D a liar (H1). In this context, what is a Type I error? A Type II error?
2. According to Phillips, Brett, and Beary, what is the probability (approximately) that a
polygraph test will result in a Type I error? A Type II error?
PLEASE ANSWER BOTH QUESTIONS.
Solution
Type I Error=\"claiming that the person is liar when in fact s/he is a truth-teller\"
Type II Error=\"claiming that the person is a truth-teller when in fact s/he is a liar\".
In 1995, Oseola McCarty donated $150,000 to the University of Southe.pdf
In 1995, Oseola McCarty donated $150,000 to the University of Southern Mississippi to
establish a scholarship
fund (New York Times, November 12, 1996, pp. A1, A22). What is unusual about this donation
is that the entire
amount came from what she was able to save each month from her work as a washerwoman, a
job she began in
1916 at the age of 8, when she dropped out of school. How much would Ms. McCarty have had
to put into her
savings account at the end of every 3 months to accumulate $150,000 over 79 years? Assume
that she received an
interest rate of 5.25% compounded quarterly.
Solution
$32.49 formula for payment PMT=FV/(((1+i)^N-1)/i) FV = future value = 150,000
i = interest rate = 0.0525/4 = 0.013125 (quarterly) N = number of periods = 79 x 4 = 316 (3
month periods) PMT = 150,000/(((1+0.013125)^316 - 1)/0.013125) = $32.49.
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In 2015, Dominique and Felix are married and file a joint Federal In.pdf
In 2015, Dominique and Felix are married and file a joint Federal Income tax return. Their AGI
is $ 312,650, and they claim three dependency exemptions. Compute the taxpayers total
deduction for exemptions for the year.
Solution
standard deduction =$12,600
Total deduction for exemption=12600+(5*4000)= $32,600
5*4000 is for 3 dependency and dominic and felix total 5.
In 2014, the AICPAs Professional Ethics Executive Committee adopte.pdf
In 2014, the AICPA\'s Professional Ethics Executive Committee adopted a revised Code of
Professional Conduct that is effective December 15, 2014. Briefly describe how the new Code is
structured and indicate where would you find guidance about the importance of integrity.
Solution.
In 2012, the Commonwealth of Virginia contemplated outsourcing the m.pdf
In 2012, the Commonwealth of Virginia contemplated outsourcing the management of its port to
private operators. Most large ports in the U.S. (L.A.,Seattle, NY/NJ) have one or more private
firms managing and operating them. Ultimately, Virginia decided not to privatize its port
management.
(a)Why might a private operator generate better results than a public sector operator?
(b)A private operator has to pay for the right to operate a port. If you are in charge of a port,
perhaps L.A., how would you determine the right amount of money to charge the private
operator?
(c)How could you structure the contract so that the private operator has an incentive to do well
and L.A. will also do well at the same time?
Solution
(a) Operations and Managemnet of ports are businesses in their own right and should be
managed to achieve optimal utilization of capital. Investments in port assets are affected by risk,
competition for land and capital, or other factors in the competitive business environment.
Subsidies and government-provided incentives distort the allocation of resources for port
development and may result in over- or underinvestment. Therefore, private operators may
generate better results than a public sector operator.
(b) For determing the right amoount of money to be charged to private operators, an authority of
port has to consider numerouos factors that may affect the interport competition. Such as
geographical location including Proximity to one or more major maritime routes, natural deep
water, good protection against waves and currents, large waterfront and landside expansion
possibilities, proximity to major production or consumption areas, good hinterland connections
(road, rail, pipeline, and waterway) with high frequency service offering good connectivity.
Types of cargos handled at the port, Institutional structure and socioeconomic climate are other
factors that measures the benefits for the operators. Besides costs will also be determined and
then a match between them is found to get the right amount of charge.
(c) The contract would include some government interventions to improve the public goods, that
are inherently nondivisible and nonconsumable, such as public safety, security, and a healthy
environment. Investments would be made by the public in port assets that have strong direct and
indirect multiplier effects on the entire national economy and, further, that the commitment of
public resources would be made available to encourage coinvestment by the commercial and
industrial sectors..
In 2012 Annie invests $55,000 in an activity for which she is not a .pdf
In 2012 Annie invests $55,000 in an activity for which she is not a material participant. Annie
has no other sources of income. Annie\'s losses from the activity are as follows:
Income/(Loss)
2012 ($45,000)
2013 ($20,000)
2014 $30,000
Calculate Annie’s deductible loss, basis, and any losses suspended under the at-risk and/or
passive activity loss rules each year.
Solution
As Tonu is not a material participant, the basis will be
Year 1 55000
Year 2 10000(55000-45000)
Year 3 -10000(10000-20000)
The risk will be
2012 55000
2013 10000
2014 (10000).
In 2011, the government of Greece ran into severe financial difficul.pdf
In 2011, the government of Greece ran into severe financial difficulties. For years, the Greek
government had spent much more than it had received in tax revenue, financing the substantial
budget deficits by borrowing. If Greece had had its own currency, rather than being part of the
euro area, how could that help Greece solve the problem? (Make sure you state your intuition)
Hint: Using Open Economy
Solution
Euro zone as a monetary union which takes the most extreme form of fixed exchange regime. If
Greece continues following fixed exchange rate, it will be unable to adjust its exchange rate in
accordance to its budget. It will lose its flexibility to operate in the market and adjust its finances.
However, had the country had its own currency, it would have helped itself out of the deficit by
adjusting the exchange rate and thus money inflow..
In 2009, AppleSolution In an agricultural re.pdf
In 2009, Apple
Solution
In an agricultural report, a commodities analyst suggests that there is a correlation
between debt and income in the farming business. The table shows the total debts (in millions of
dollars) and total incomes (in millions of dollars) for farms in seven states for a recent year. At ?
= 0.05, is there enough evidence to support the analyst.
In 2001, 34.6 of European citizens stated they had been the victim .pdf
In 2001, 34.6% of European citizens stated they had been the victim of identity theft. You
conduct a follow-up survey and determine that 40 were victims of identity theft out of 150
European citizens in 2004. What is probability that no more than 40 people will be victims of
identity theft? Is this unusual?
Solution
mean =n*p=150*.346=51.9
variance=n*p*1-p=33.94
sd=5.82
P(X<40)=(40-51.9/5.82)=(-2.04)
=.0207.
In 1974, there were 17 countries that had at least One nuclear react.pdf
In 1974, there were 17 countries that had at least One nuclear reactor installed and operating. The
mean and standard deviation of the numbers of nuclear power reactors for 17 countries are 7.5
and 11.1 respectively.
A. The USA had 42 operating nuclear power reactors. Do you think any country had more?
Why?
B. Do you think the data are symmetric or skewed?
Solution
Z =(42-7.5)/(11.1/17) = 12.815
P(Z > 12.815) =0
So, no country had more.
symmetrical.
In 1948 Claude Shannon quantified information asSolutionDescr.pdf
In 1948 Claude Shannon quantified information as:
Solution
Description: Basically in a message we get information. But getting such information is
probability oriented. It means we expect to get such and such information. There is no surprising
act. But if there is any surprise of getting unexpected information, then this is not probability
oriented. It means, there was no probability in the mind of recipient of getting such information.
Therefore, Surprise and probability are inversely related. More surprise indicates less probability.
Beyond information: This description is beyond the defination of information. This is the
mathematical exposure of information and probability.
Quantify: Information is quantified by recipient\'s surprise. More surprise means more
information..
Importance of IA functionKey concepts of independent and objectivi.pdf
Importance of IA function
Key concepts of independent and objectivity
Idea of governance of risk control 3 functions
Assurance and consulting difference
Roles of the Board, Senior management, Internal Audit, External Audit pertains internal control
The responsibilities of CAE
The component of ERM, Role of IA in ERM(Inferent Risk, Controllable Risk and Residual Risk)
What are segment of duties
Difference between Risk appetite, Risk response and Risk assessment
What are the different types of controls
Solution
Answer:The Importance of IA function are
Key concepts of independent and objectivity:Members and Candidates must use reasonable care
and judgment to achieve and maintain independence and objectivity in their professional
activities. Members and Candidates must not offer, solicit, or accept any gift, benefit,
compensation, or consideration that reasonably could be expected to compromise their own or
another\'s independence and objectivity.
The difference between Risk appetite, Risk response and Risk assessment:
Both risk appetite and risk tolerance set boundaries of how much risk an entity is prepared to
accept. Risk appetite is a higher level statement that considers broadly the levels of risks that
management deems acceptable while risk tolerances are more narrow and set the acceptable level
of variation around objectives. For instance, a company that says that it is does not accept risks
that could result in a significant loss of its revenue base is expressing appetite. When the same
company says that it does not wish to accept risks that would cause revenue from its top-10
customers to decline by more than 10% it is expressing tolerance. Operating within risk
tolerances provides management greater assurance that the company remains within its risk
appetite, which, in turn, provides a higher degree of comfort that the company will achieve its
objectives. A risk assessment is a systematic examination of a task, job or process that you carry
out at work for the purpose of; Identifying the significant hazards that are present (a hazard is
something that has the potential to cause someone harm or ill health).
The different types of controls are:.
Important to reference, main referencing styles and role of bibliogr.pdf
Important to reference, main referencing styles and role of bibliography?
Solution
Referencing can be described as a system that is used in academic community to tell where the
theories, ideas, facts and quotes can be found for reference.
The main referencing styles are as follows:
A bibliography can be defined as a list of articles, manuscripts, books and government
documents that are arranged and described in a systematic order.
Role of Bibliography:.
Implement a linear congruential random generator and study the perio.pdf
Implement a linear congruential random generator and study the periodicity and the nonlinear
dependencies that may exist among the generated sequence of numbers as the parameters
Solution
http://www.ees.nmt.edu/outside/courses/hyd510/PDFs/Programming using
matlab.pdf.
Implement a four-band subband coder. Use a speech signal you recorde.pdf
Implement a four-band subband coder. Use a speech signal you recorded as the input. Plot four
individual sub-band outputs. we need to write matlab code.
Solution
there is a one sub band ouput corresponds to single input
so 16 states are possibe.
In 2000, in Country A, the average family net worth was $410,000, an.pdf
In 2000, in Country A, the average family net worth was $410,000, and there was about 6.1 x
10^7 families. Calculate the total family net worth Country A in 2000.
Country A\'s total family net worth is what in dollars?
Solution
To get the total net worth, simply multiply the average net worth by the number of families.
Using scientific notation,
410,000 = 4.1*10^5
(4.1*10^5)*(6.1*10^7) = 4.1*6.1 * 10^12 = 25.01 * 10^12 = 2.5 * 10^13 (Rounded to the
nearest tenth).
In 1895 an Italian criminologist, Cesare Lombroso, proposed that blo.pdf
In 1895 an Italian criminologist, Cesare Lombroso, proposed that blood pressure be used to test
for truthfulness. In the 1930s, William Marston added the measurements of respiration and
perspiration to the process, built a machine to do the measuring, and called his invention the
polygraph or lie detector. Today, the federal courts will not consider polygraph results as
evidence, but nearly half the state courts do permit polygraph tests under certain circumstances.
In addition, its use in screening job applicants is on the rise. Physicians Michael Phillips, Allan
Brett, and John Beary subjected the polygraph to the same careful testing given to medical
diagnostic tests. They found that if 1,000 people were subjected to the polygraph and 500 told
the truth and 500 lied, the polygraph would indicate that approximately 185 of the truth-tellers
were liars and that approximately 120 of the liars were truth-tellers (%u201CLie Detectors Can
Make a Liar out of You,%u201D Discover, June 1986).
1. In the application of a polygraph test, an individual is presumed to be a truth-teller (H0) until
%u201Cproven%u201D a liar (H1). In this context, what is a Type I error? A Type II error?
2. According to Phillips, Brett, and Beary, what is the probability (approximately) that a
polygraph test will result in a Type I error? A Type II error?
PLEASE ANSWER BOTH QUESTIONS.
Solution
Type I Error=\"claiming that the person is liar when in fact s/he is a truth-teller\"
Type II Error=\"claiming that the person is a truth-teller when in fact s/he is a liar\".
In 1995, Oseola McCarty donated $150,000 to the University of Southe.pdf
In 1995, Oseola McCarty donated $150,000 to the University of Southern Mississippi to
establish a scholarship
fund (New York Times, November 12, 1996, pp. A1, A22). What is unusual about this donation
is that the entire
amount came from what she was able to save each month from her work as a washerwoman, a
job she began in
1916 at the age of 8, when she dropped out of school. How much would Ms. McCarty have had
to put into her
savings account at the end of every 3 months to accumulate $150,000 over 79 years? Assume
that she received an
interest rate of 5.25% compounded quarterly.
Solution
$32.49 formula for payment PMT=FV/(((1+i)^N-1)/i) FV = future value = 150,000
i = interest rate = 0.0525/4 = 0.013125 (quarterly) N = number of periods = 79 x 4 = 316 (3
month periods) PMT = 150,000/(((1+0.013125)^316 - 1)/0.013125) = $32.49.
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