what is the marginal effect of the age of wine on price based on the estimation outputs (1)-(4) given below.
In a small essay up to 1,500 words provide a clear answer, that is what is the marginal effect of the age of wine on price based on the estimation outputs (1)-(4) given below. Support your answer by a thorough discussion of the advantages and disadvantages of the estimated models and the applied sequential modelling procedure. In particular, you may wish to:
- compare outputs (1) and (2) and comment on what mistake would the researcher commit by
not including the interaction term France
age
in equation (1);
analyse the estimation outputs (1)-(4) to explain which one is your preferred specification; explain your choice by comparing the statistical characteristics of these models as well as their economic interpretation; comment on what other test(s) could be performed further that would help in improving the reliability of models’ estimation;
use your preferred model specification selected from (1)-(4) to explain whether its functional form requires improvement and, if so, explain why do you think so and what variables you would add to it;
criticise or justify the approach of adding more variables to the model that has been initially chosen by a researcher (that is estimating model (1) in the first instance and then adding more and more variables sequentially);
use your preferred model specification to decide whether it allows advising a wine investor who looks for a profit in a long-run to invest in French or Spanish wines.
In your essay, you may decide to address some, or all, points raised above, or concentrate on other issues that are not listed if you think it is important to address them.
The modelling procedure and estimated outputs are presented below.
The data are from randomly selected 230 wineries. Four following regression models have been estimated sequentially. That is, model (1) had been estimated first; then, after inspecting its estimates, model (2) was estimated next and so on.
ln(Price ) 3.41 0.04671age 0.0019temp
0.0211France ,
i (0.512) (0.015)
i (0.009)
i (0.020) i
R2 0.3537, R2
0.3451,
(1)
AIC 2013.313, BIC 2001.067, p _ RESET 0.000, i 1,…, 230,
ln(Price ) 2.36 0.0250 age 0.0021temp
0.0109 France 0.0130(France age ),
i (0.412) (0.015)
i (0.009)
i (0.020)
i (0.004) i i
R2 0.3652, R2
0.3601,
(2)
AIC 2154.513, BIC 2132.067, p _ RESET 0.000, i 1,…, 230,
ln(Price ) 3.01 0.03618age 0.0022temp
0.0081Spain 0.0079(Spain age ),
i (0.301) (0.021)
i (0.005)
i (0.017)
i (0.210) i i
R2 0.3650, R2
0.3537,
(3)
AIC 2150.016, BIC 2167, p _ RESET, 0.000 , i 1,…, 230,
ln(Price ) 1.83 0.0185age 0.0015temp 0.0101France 0.0054 Spain
i (0.165) (0.028)
i (0.075)
i (0.031)
i (0.073) i
0.0064(Spaini agei ) 0.0111(Francei agei ),
(0.312) (0.110)
(4)
R2 0.4127, R2 0.3969,
AIC 2166.114, BIC 2168.031, p _ RESET 0.000, i 1,…, 230.
where Price is the pre-tax price of a 750 ml bottle of wine (expressed in pounds); age is the age of the wine (measured in years); temp is the average temperature over the growing season for the grapes (expressed in Celsius degrees); France and is a dummy variable which equals 1 if the bottle of wine was French and equals 0 if the wine came from another country; Spain is a similar dummy
variable for Spain. Spain age
and France age
are products of the respective variables. AIC and
BIC are values of Akaike and Schwartz Information Criteria, respectively. The p-values for RESET test are denoted as p_RESET. The p-values for testing the hypothesis that particular regression coefficients in equations (1)-(4) are equal to zero against the two-sided alternative are given in
parentheses beneath the parameters’ estimates, R2
and
2
adj
stand for the coefficient of
determination and adjusted coefficient of determination correspondingly.
Research the benefits of and barriers to creative arts and complementary therapies.
Topic:
Music Therapy
Description
Research the benefits of and barriers to creative arts and complementary therapies. This is a service-learning
class where the Organization we are working with provides Occupational Therapy, Speech therapy and Music
Therapy. Music Therapy definition by AMTA (American Music Therapy Association) ,
https://healthcareinsider.com/art-music-therapy-58036
plan and explain a strategic marketing approach to a market situation of your choice.
Topic:
is to plan and explain a strategic marketing approach to a market situation of your choice. You must use the same
company that you used in assessment 1. The assessment will cover the following tasks: 1. How is the market
changing / predicted to change? 2. What strategies would you recommend to achieve competitive advantage?
You should indicate the underpinning theory and make a recommendation that contains a topical issue e.g.,
sustainability, digital etc.
Description
. Presentation – commercial-standard information (max 6 slides, excluding title and reference slides). Students
will be given examples of industry-standard PowerPoint presentations to see the quality required. Avoid e.g. a
simple bullet point list of key points. The slides will need to be a rich mixture of data and graphics.
b) Accompanying notes – The accompanying notes need to be detailed and explanatory, and be no more than
1500 words in total (split over the number of PowerPoint slides).
c) Accompanying narration – clear, explanatory voice-over that articulates the key elements, lasting no more than
15 minutes (using the inbuilt narration function in PowerPoint). This link shows how to record your voice over
narration –
https://support.microsoft.com/en-us/office/record-a-slide-show-with-narration-and-slide-timings-0b9502c6-5f6c-40aeb1e7-e47d8741161c
Explain the SDG selected and briefly present the SDGs selected.
Portfolio: Choosing a company in the food industry develops your portfolio following the
structure below.
Company chosen: Nestle
Point 1. Introduction. Main data about the company. History, mission, and other relevant information
to introduce your company. Current relationship of the company with sustainability.
Point 2. Sustainable Development Goal. Selecting SDGs for your company. One SDG needs to be
selected at this point. Explaining the SDG selected and briefly presenting the SDGs selected.
Point 3. How to implement the SDGs in your company. Rationale. Analyse the environment of the
company and how this SDG could be related to the policies of the company.
Point 4. Conclusion. Reporting the benefits and recommendations for the company. Action/s to carry
out regarding the SDG selected in point 2.
Please select one of the UN SDGs and then critically evaluate the current state of responses
(actions taken, strategy deployed) to that goal (if any by your firm) and make
recommendations based on any gaps that you find in their response to the UN SDG. This
may be a goal they currently address but you find the response is not sufficient or a new goal
that they should be paying attention to. Make good justifications for your choices, supported
by good sources and information from the goal itself (i.e. indicators and targets).
Criteria –
Outstanding work – contains accurate, relevant material, demonstrates understanding of
complex subject matter and is able to view it in a wider context. · Shows originality and
confidence in analysing and critiquing assumptions, is aware of the limits of knowledge. ·
Evidence of extensive research, uses and presents references effectively. · Excellent in terms
of organisation, structure, use and flow of language, grammar, spelling, format, presentation,
diagrams, tables etc.
research and critically evaluate the corporate governance arrangements for one of the ten FTSE 350 companies listed below.
CORPORATE GOVERNANCE TASK
⦁ 3500 WORD LIMIT. Excludes title page, contents page, appendices, footnotes, and references
⦁ IT MUST BE IN THE FORMAT OF A BUSINESS REPORT
⦁ PLEASE INCLUDE A TITLE PAGE AND CONTENTS PAGE
⦁ PLEASE INCLUDE APPENDICES, FOOTNOTES AND REFERENCES
⦁ Please include citations and quotations
⦁ Please include tables and graphs. Both produced by sources (imported from elsewhere) and also produced by you- Will be beneficial for marks.
PLEASE SEE NEXT PAGE FOR SCENARIO FOR TASK.
SCENARIO
You are a consultant who has been hired by an institutional investor (your client), who is looking to invest in a number of FTSE 350 companies in the near future.
In order to assess potential opportunities, the client needs to understand the corporate governance arrangements within any organisation that they consider for investment, and so they are commissioning you to provide them with this analysis and assessment.
You are therefore required to research and critically evaluate the corporate governance arrangements for one of the ten FTSE 350 companies listed below.
Your analysis should demonstrate to your client how the organisation complies with the UK Corporate Governance Code (2018), and highlight any areas of non-compliance.
Your analysis should demonstrate to your client how the organisation complies with the UK Corporate Governance Code (2018), and highlight any areas of non-compliance.
Your report should include the following: title page, contents page, executive summary (no more than 1 page), introduction (containing a brief company background), main body/sections, recommendations, conclusion/opinions and references.
STRUCTURE OF REPORT
I have attached the relevant letures of each of the section of the main bodys:
⦁ BOARD LEADERSHIP AND COMPANY PURPOSE
⦁ DIVISION OF RESPONSIBILITY
⦁ COMPOSITION, SUCCESSION AND EVALUATION
⦁ AUDIT, RISK AND INTERNAL CONTROL
⦁ REMUNERATION
write a 5-page literature review on your topic that addresses how the literature informs your problem of practice.
Literature Review: Paper Assignment Instructions
Overview
A formal literature review should be approached strategically to ensure a high-quality review of the current literature that includes an analysis and synthesis of known research, knowledge, and thinking that precedes the proposed research. The purpose of a formal literature review is to advance the author’s knowledge about a problem of practice or specific topic and to present the formal literature review as a justification, or argument, for conducting research and to provide the researcher with enough information to make an informed decision regarding the recommendations to improve educational practices.
Instructions
For this assignment, you will use the information from the Individual Scholarly Works Template and the Comparative Template (attached) to write a 5-page literature review on your topic that addresses how the literature informs your problem of practice.
The first page should be a correctly APA formatted title page that includes the title of your study written as a recommendation.
Title: Recommendations to Solve the Problem of Teacher Shortages at Gregory-Lincoln Education Center
The second through fourth pages should be a formal review of the literature related to your topic. This review must have level one and level two headings. Include at least eight peer-reviewed scholarly journal articles using citations. You must use the articles from your Comparative Templates (attached). All articles must have been published within the last five years. You may not go over the page limit, and you must meet the page requirement. Writing concisely is a learned skill. This is your opportunity to practice. Your voice, as the researcher, must be evident in the paper. You may determine the headings to cover in your literature review based on your topic, and the headings must be logical for the topic chosen.
The last page must be the Reference page and it must include a minimum of eight scholarly peer-reviewed journal articles.
You must use the information from the textbook reading in Module 7: Week 7 to be successful on this assignment.
What criminological or other theory supports your solution?
Indigenous Family Violence in Australia (Queensland) and building bridges to break down barriers that have been created since colonisation.
Project Plan
Last modified:
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Version History
Version Date Changed by Nature of amendment
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Version 1.0 = Final (incl. sign off)
Versions 1.1 to 1.99 = Draft
Version 2.0 = Final
Project Overview
Background-Bayden
Discuss what the problem is. This is the section where you establish the scope and scale of the problem. Statistics are appropriate in this section.
Introduce the Solution- David
Outline your solution. How will it work? Who will be involved? What stakeholders are needed? How will you reach your target population?
Theoretical Justification- Andy
What criminological or other theory supports your solution? You may want to review your notes from 1013 CCJ (Introduction to Criminology and Criminal Justice).
The Australian Criminal Justice system has adapted and implemented innovative justice practices designed for Indigenous Australians. This operates in conjunction with contemporary justice practices and the local community have a direct role in the way crimes are responded to within a framework that is designed for, and applicable to, indigenous people (Bull, 2010). This practice has to be relevant for the management of family violence and the rehabilitation family units (Broadhurst, 2002). Therefore, for programs to succeed and be culturally strengthened; systems need to adapt and preserve Indigenous practices in response to neo-colonial control from Government systems (Broadhurst,2002). As a result, the Therapeutic Jurisprudence model has been applied as a judging mechanism that includes treatment programs, case management, integration, and case management that allows the accused person to become embedded within the court framework (Bull,2010).
Globally, this model has been adapted and applied to the challenges that are faced through Indigenous family violence matters (Broadhurst, 2002). Furthermore, this has been modelled similarly to the Drug Courts which utilise judicial case management and ongoing reviews (King, 2003). As a result, the courts supervision can have both ongoing positive and negative aspects for all parties involved (King, 2003).While some might complain that ‘criminology does not need any more criminologies’
(Millie, 2016, p. viii) or express concern about what is regarded as the increasing ‘fragmentation of the field’ (Bosworth & Hoyle, 2011, p. 3).
Indigenous Criminology raises fundamental questions about how the faculty engagement with Indigenous justice and, indeed, the democratisation and decolonisation of social scientific inquiry more generally. These are unsettling questions for criminology and criminal justice scholars surrounding indigenous justice, Furthermore, there are many challenges which many of those writing in the Indigenous justice space themselves vary in opinion (Reference) (Tauri (2017) acknowledges decolonising research on Indigenous justice issues need to involve much more depth versus simply adding Indigenous people and stirring old epistemological approaches to criminology. In his words, what is required is Indigenous programs that allow many of their practitioners to utilise Indigenous elements as evidence of their willingness and capability to be “inclusive”. This goes in contrary to current practices of turning attention to the significant overhauls that are required to strip it of the bias and obstructive prejudice that is currently pervading Australian, and International Indigenous criminology (Tauri, 2017)).This indicates that these unsettling and disruptive elements are desirable and altogether welcome aspects of meaningful engagement in this area which attempt to work towards a system which works for, and with the people.
Empirical Justification-Rachel
What empirical evidence supports your solution? This may include evaluations of similar programs that are operated elsewhere.
Conclusion
Summarise and conclude your Project Plan
References
Broadhurst, R. (1999). Crime, justice and indigenous peoples: The ‘New justice’ and settler states. Australian & New Zealand Journal of Criminology, 32(2), 105-107.
Bull, M., 1962. (2010;2009;). Punishment & sentencing: Risk, rehabilitation and restitution. Oxford University Press.
Cesaroni, C., Grol, C., & Fredericks, K. (2019). Overrepresentation of indigenous youth in Canada’s criminal justice system: Perspectives of indigenous young people. Australian & New Zealand Journal of Criminology, 52(1), 111-128Cunneen, C. (2020). Conflict, politics and crime: Aboriginal communities and the police. Routledge.
King, M. (2003). Applying therapeutic jurisprudence from the bench : Challenges and opportunities. Alternative Law Journal, 28(4), 172-175.
Porter, A. (2019). Aboriginal sovereignty, ‘crime’ and criminology. Current Issues in Criminal Justice, 31(1), 122-142.
Porter, A. J., Behrendt, L. Y., & Vivian, A. (2017). Indigenous self-determination within the justice context.
Appendix A: Team Contract
Discuss and evaluate the context in which Ruskin Vale plans to invest in building and redesigning its technological and digital infrastructure to promote health and well-being through digital inclusion.
QUESTION 1: Discuss and evaluate the context in which Ruskin Vale plans to invest in building and redesigning its technological and digital infrastructure to promote health and well-being through digital inclusion.
Assessment Criteria
Knowledge and Understanding
Discuss and evaluate characteristics of innovation and entrepreneurship
Points to Consider
Changing demographics ageing population with complex health care needs, falling birth rate, cost of care, patient/ service user expectations etc
Technological developments and other factors that are changing the way healthcare is delivered
Explain what innovation and technology is
Provide explanation of technological developments in healthcare
The role of innovation in service delivery by referring to theoretical models or concepts to apply to the case study. E.g., Atun’s model.
The context for investing in building and redesigning its technological and digital infrastructure to promote health and well-being through digital inclusion such as:
See pages Introduction TAPPI report page 5 and Chapter 1 – Perspectives on our ageing population pages 12-13
Question 2: Evaluate the impact of key legislation and policy initiatives that provides Ruskin Vale with the framework for innovation and entrepreneurship.
Assessment Criteria
Knowledge and Understanding
Discuss the impact of government policy initiative on innovation and entrepreneurship
Points to Consider
Identify and evaluate impact of relevant legislation and / or policies
Apply a theoretical model or concept
The ethical dilemmas implementing digital technology in healthcare.
Here you need to demonstrate your knowledge and understanding of how legislation informs practice. So, for Example the Care Act 2014 requires Local Authorities to prevent, delay, reduce, hospital admissions.
Key Legislation Relating to Healthcare.
The Care Act 2014,
The Health and Social Care Act 2012,
The Equality Act 2010,
The Social Value Act 2012,
General Data Protection Regulations (GDPR) 2018/ Data Protection Act 2018
Medicines and Healthcare Products Regulatory Agency (MHRA),
Care Act 2014 Summary.
Three guiding principles:
Prevention – for those with no current health or care support needs, organisations try to provide advice and early intervention solutions that will, for example, support and promote healthy and active lifestyles, or they may offer befriending services.
Reduction – more targeted interventions might include making adaptions to the home which would improve accessibility and promote living independently for longer.
Delay – some interventions may be taken in order to minimise the impact of disability or mental or physical deterioration. This might include providing respite care for affected individuals or peer support groups for carers.
Care Act 2014.
the importance of preventing or delaying the development of needs for care and support and the importance of reducing needs that already exist.
Prevention” is often broken down into three general approaches – primary, secondary and tertiary prevention
Care Act 2012.
Wellbeing cannot be achieved simply through crisis management; it must include a focus on delaying and preventing care and support needs and supporting people to live as independently as possible for as long as possible.
It is critical to the vision in the Care Act that the care and support system works to actively promote wellbeing and independence, and does not just wait to respond when people reach a crisis point
Q3 Identify two potential risks that is likely to occur when the council implements its integrated health care initiative, in order, to deliver the “digital and technological revolution” (40 marks).
Assessment Criteria
Intellectual, practical, affective, and transferrable skills
Analyse the risks associated with entrepreneurship.
Points to Consider
A theoretical model of innovation (type of innovation e.g disruptive/ incremental / open/ radical)
How the integrated use of technology can play a key role in health.
Explain how technology / innovation are adopted
The emergence of technology in health, housing and social care (TAPPI) Report e.g Tunstall case study ( answers may be illustrated with case study 18 and 47)
A framework for assessing risk
Ensure you identify two risks and provide examples to support your discussion
Here we are looking for discussion of the type of innovation should apply a theoretical model such as Henderson & Clark or Clayton Christensen’s theory of disruptive innovation or examples from McKinsey’s Global report etc. You will explain that risks can be assessed using a framework such as FMEA ( failure mode and effective analysis) To support Rogers model of Diffusion and Adoption may be considered .Possible risks as follows:
Access to technology
Failure to develop new models for commissioning
Costs
Skills and usage
Failure to develop systems that integrates technology as a key part of a preventative model across health and social care
May compound existing inequalities in healthcare
Ownership / consumer led market driven by tech companies
Poor integration of technology/ interoperable (e.g different platforms unable to communicate with each other)
Tangible outcomes- failure to improve health and wellbeing
There are many benefits to the use of Modular Construction. Why is every major constructor in the UK not already using modular construction?
10 pages + well-structured + cited references
Description
My dissertation is about the use of Modular Construction in the UK.
There are many benefits to the use of Modular Construction. Why is every major constructor in the UK not
already using modular construction?
Advise and explain if the following dispositions are valid.
Problem Questions:
- Nizam is executor of Liz’s estate with Mia as sole legatee. He is
also trustee of a trust for the sole benefit of Isla. Advise Mia and
Isla as to any claims available to them.
On 1 February 2022, Nizam transferred £35,000 from the estate
to his personal savings account (‘the Account’). At the time, the
Account held a balance of £5,000.
On 14 February 2022, Nizam transferred £10,000 from the
Account to his girlfriend, Orla. Orla asked no questions and
accepted the money, using it to clear her credit card debt.
On 1 March 2022, Nizam transferred £20,000 from the Account to
his brother, Jas, who innocently accepted the money. Jas used
£10,000, along with £40,000 of his own savings, to buy a small
commercial property which is now worth £100,000. Jas spent the
remaining £10,000 on a trip to Las Vegas.
On 10 March 2022, Nizam’s salary of £2,000 was paid directly into
the Account.
On 12 March 2022, Nizam took £10,000 from Isla’s trust and paid
it into the Account. Nizam needed to obtain agreement from his
co-trustee, Holly, to do this. Holly asked no questions and agreed
to the withdrawal.
On 15 March 2022, Nizam used £2,000 to buy an antique vase,
which has now been valued at £20,000. Later that month, Nizam
spent £10,000 on a weekend trip to Monaco. - Advise and explain if the following dispositions are valid. If they
are not valid, you must explain what will happen to the property.
a) Ash and Brent are medical students who live together in a
rented flat. Over the last year, both Ash and Brent have
regularly paid money into a current account to cover
household expenses. Brent has said to Ash on over twenty
occasions: ‘don’t worry, the money in the account is as much
yours as it is mine’.
b) Years ago, Ash inherited some shares from his grandfather.
The shares are held on trust for him by Shami. Ash wants to
give Delilah some of his shares. Ash sends the following email
to Shami: ‘Please give my shares to Delilah.’ Shami fills in a
stock transfer form and sends it, together with the share
certificates, to the company registrar. Ash is still the registered
owner of the shares at the time of his death.
c) Ash is walking to a lecture with his friend Estella when he is
knocked down by a car. Ash hands Estella his mobile phone
and says: ‘I don’t have much time. Look after this for me. If I
don’t make it, keep it. The code to unlock it is 5830.’ Ash dies
shortly afterwards. - Bashir and Alice are trustees of a family trust. Bashir is a solicitor
and Alice is a family friend. At the end of 2021, the trust fund
consisted of £250,000 in a savings account generating 1.3%
interest per annum and a freehold penthouse apartment rented
out to tenants. The fund is held for Christine for life, remainder
to his twin daughters Jessica and Diana. You are required to
advise Bashir and Alice of their liability in each of the following
scenarios.
a) In March 2022, the lease granted to the tenants in the
penthouse apartment expired and the trustees decided to sell
it. Alice decided to buy the apartment. She paid the full
asking price of £2,000,000 and the proceeds were paid into
the savings account, giving a balance of £2,250,000. The
apartment is now valued at £2,500,000. Christine is unhappy
that Alice has paid so little for the apartment.
b) In late April 2022, the trustees decided to invest some of the
money in a unit trust and asked an independent fund
manager, Hamza, for advice. Hamza recommended a unit
trust and paid Bashir a commission of £10,000 to persuade
him to manage the investment; the trustees invested
£150,000 in the unit trust. The investment is now worth
£155,000. Bashir used £7,500 of his commission to buy shares
in a pharmaceutical company, which have now doubled in
value. Bashir still has the remaining £2,500 of his commission
in his personal bank account.