What is the complement of an event?
IHP 525 Module Three Problem Set 1. What is the probability of being born on:a) February 28?b) February 29?c) February 28 or February 29? 2. A patient newly diagnosed with a serious ailment is told he has a 60% probability of surviving 5 or more years. Let us assume this statement is accurate. Explain the meaning of this statement to someone with no statistical background in terms he or she will understand. 3. A lottery offers a grand prize of $10 million. The probability of winning this grand prize is 1 in 55 million (about 1.8×10-8). There are no other prizes, so the probability of winning nothing = 1 – (1.8×10-8) = 0.999999982. The probability model is: a) What is the expected value of a lottery ticket?b) Fifty-five million lottery tickets will be sold. How much does the proprietor of the lottery need to charge per ticket to make a profit? 4. Suppose a population has 26 members identified with the letters A through Z. a) You select one individual at random from this population. What is the probability of selecting individual A?b) Assume person A gets selected on an initial draw, you replace person A into the sampling frame, and then take a second random draw. What is the probability of drawing person A on the second draw?c) Assume person A gets selected on the initial draw and you sample again without replacement. What is the probability of drawing person A on the second draw? 5. Let A represent cat ownership and B represent dog ownership. Suppose 35% of households in a population own cats, 30% own dogs, and 15% own both a cat and a dog. Suppose you know that a household owns a cat. What is the probability that it also owns a dog? 6. What is the complement of an event?
Are the sunbathers guilty of indecent exposures? Why or why not?
You are a prosecutor in Fairfax, VA and you receive a report filed by a homeowner complaining that her next-door neighbors are sunbathing in the nude and violating public decency laws. Because the homeowner has 3 small children, she wants her neighbors to stop doing this. To date, however, they have refused. Local police have spoken to the sunbathers, who responded that they are allowed to sunbathe naked on their own property in their backyard. They argue that it would be different if they were out on the street or in the front of the house. The only divider between the two homes is a four-foot picket fence. Review Code of Virginia, Section 18.2-387:§ 18.2-387. Indecent exposure.Every person who intentionally makes an obscene display or exposure of his person, or the private parts thereof, in any public place, or in any place where others are present, or procures another to so expose himself, shall be guilty of a Class 1 misdemeanor. No person shall be deemed to be in violation of this section for breastfeeding a child in any public place or any place where others are present.(Code 1950, § 18.1-236; 1960, c. 233; 1975, cc. 14, 15; 1994, c. .)Answer the following questions:a. Are the sunbathers guilty of indecent exposures? Why or why not?b. Are there any other crimes for which they could be found guilty?c. What are the various solutions available for this problem?
How much profit would the company lose if it lost any of its current 2000 units.
A furniture company manufacturers desks and chairs. Each desk uses 4 units of wood and each chair uses 3 units of wood. A desk contributes $400 to profit, and a chair contributes $250. Marketing restrictions require that the the number of chairs produced be at least twice the number of desks produced. There are 2000 units of wood available. Use Solver to maximize the company’s profit. Use SolverTable to see what happens to the decision variables and the total profit when the availability of wood varies from 1000 to 3000 in 100-unit increments. Based on your findings, how much would the company be willing to pay for each extra unit of wood over its current 2000 units. How much profit would the company lose if it lost any of its current 2000 units.
What would you do to minimize these errors from occurring and adversely affecting your policy decisions?
You are Incident Commander and principal planner for the DRNC event. As you commence the planning process, consider the two fundamental types of error committed by policy makers in their reliance on intelligence reports to formulate policy. What would you do to minimize these errors from occurring and adversely affecting your policy decisions? Min 500 words, In text references, APA format
Explain briefly the importance of the fiduciary relationship in agency, what it means for the agent/employee, and why it is not a legal requirement for the principal/employer.
Short Answer: Each of the following questions is worth up to 5 points. Make sure to give a complete answer to the question you choose, using legal concepts to explain your conclusion. 1. Why can apparent agency be created only by representations of the principal, but not the supposed agent? 2. Explain briefly the importance of the fiduciary relationship in agency, what it means for the agent/employee, and why it is not a legal requirement for the principal/employer. ESSAY: (20 points)Instructions: Please read the following fact pattern. You will be drafting a memo to your vice president on this, so format counts also. Make sure to use LEGAL REASONING to explain the advice/assessment you are giving. Facts: Cold Case Trucking (CCT) specializes in transportation of products that require refrigeration or freezing while being transported from the product’s manufacturer to a wholesaler’s warehouse. In an effort to improve its shipping logistics operations, CCT hired Crusoe, who had experience in operations logistics, as a consultant. CCT and Crusoe agree that Crusoe will study CCT’s operations by conducting interviews with employees and customers, then design a new logistics plan and oversee its implementation. The recommendations are now in. You are a CCT manager and Crusoe has just presented his plan for operations improvement at a management meeting. Part of Crusoe’s plan involves converting the delivery truck drivers from employees to independent contractors. Crusoe claims this will save employment taxes and limit CCT’s liability for driver negligence. Crusoe recommends having the drivers sign Independent Contractor Agreements and paying them based on a monthly fee rather than as hourly employees. After the meeting, you receive the following e-mail from the vice president of operations: TO: All managers FR: VP/Operations RE: Crusoe’s Plan Please give me any feedback or concerns you have about Crusoe’s recommendations presented at today’s management meeting. I will be drafting a summary memorandum for top-level management next week and we will be moving to implementation of some or all of Crusoe’s recommendations shortly. Your task is to draft a three- to five- paragraph e-mail memo to your vice president concerning the proposal to convert drivers to independent contractors. Using your knowledge of agency law, be sure to raise any pertinent legal issues and discuss potential liability in explaining your concerns. Conclude the e-mail with a brief recommendation on how best to proceed.
Does the movie have positive NPV if the cost of capital is 10%?
20.You are considering making a movie. The movie is expected to cost $10 million upfront and take a year to make. After that, it is expected to make $5 million when it is released in one year and $2 million per year for the following four years. What is the payback period of this investment? If you require a payback period of two years, will you make the movie? Does the movie have positive NPV if the cost of capital is 10%?21.You are deciding between two mutually exclusive investment opportunities. Both require the same initial investment of $10 million. Investment A will generate $2 million per year (starting at the end of the first year) in perpetuity. Investment B will generate $1.5 million at the end of the first year and its revenues will grow at 2% per year for every year after that.• a. Which investment has the higher IRR?• b. Which investment has the higher NPV when the cost of capital is 7%?• c. In this case, for what values of the cost of capital does picking the higher IRR give the correct answer as to which investment is the best opportunity?1.Pisa Pizza, a seller of frozen pizza, is considering introducing a healthier version of its pizza that will be low in cholesterol and contain no trans fats. The firm expects that sales of the new pizza will be $20 million per year. While many of these sales will be to new customers, Pisa Pizza estimates that 40% will come from customers who switch to the new, healthier pizza instead of buying the original version.• a. Assume customers will spend the same amount on either version. What level of incremental sales is associated with introducing the new pizza?• b. Suppose that 50% of the customers who will switch from Pisa Pizza’s original pizza to its healthier pizza will switch to another brand if Pisa Pizza does not introduce a healthier pizza. What level of incremental sales is associated with introducing the new pizza in this case?
Create a power point presentation that addresses how VEEM and Blockchain will transform global marketing.
A 15+ slide Power Point Presentation
Directions:
Create a power point presentation that addresses how VEEM and Blockchain will transform global marketing. You may use a company of choice to use as an example to help guide your discussion in how that company leverages VEEM and Blockchain to expand and transform their global marketing efforts. Answer the following questions in your power point.1) Define how VEEM and Blockchain is expanding the global marketing efforts of companies2) In your company of choice, who are they, are how do you think they use Blockchain and VEEM technologies to operate their digital marketing efforts?3) How does this company use those technologies to expand globally their marketing efforts?4) What challenges do companies in general face when it comes to implementing these technologies for their marketing efforts?5) What forward thinking 2-3 key strategies do you think this company and their industry can implement to be competitive in the global marketing landscape?You can use magazines, company websites, journals, news articles, interviews etc, to research and uncover your information. There is no exact answer to the questions on the strategies and challenges you think face that company and their industry, as long as your highly supportive research supports your thoughts. Looking for more what you think based on the research conducted. Links – veem.com/customer-stories (choose an article)youtube.com/results?search_query=VEEM
Write an essay of at least three pages to analyze the quixotic spirit of the humanities.
Write an essay of at least three pages (not including Cover and References pages) to analyze the quixotic spirit of the humanities. Use at least three of the periods studied in this course:
Your essay needs to have well-developed paragraphs (at least five sentences per paragraph): an introduction paragraph (hook, background information, and thesis statement), several body paragraphs (topic sentence, supporting details, transition sentence), and a conclusion paragraph (summary of ideas and recommendations). Please note that you must write your essay in a Word document and follow APA style (7th Ed.) throughout. Be aware that you can submit your essay only once; therefore, please proofread and edit your work before submitting the final draft. Note: Please note that the University does not tolerate plagiarism. Therefore, plagiarism will be monitored with TurnItIn. Students who plagiarize will be reported to the Academic Integrity Committee for disciplinarian actions.
In your opinion, discuss why East Asian countries economies grew more rapidly between 1960 and 2000 than did those of sub-Saharan African countries.
Discussion 2:Principles of Economic Growth and Individual Wealth. Please respond to the following: In your opinion, discuss why East Asian countries economies grew more rapidly between 1960 and 2000 than did those of sub-Saharan African countries. Explain whether it is possible for a country to have a high GDP per person with low or no economic growth. Why or why not? Analyze how high population growth affects economic growth and GDP per person
Do you believe there should be new rules and regulations and/or development of new protective gear?
Sports Concussions and Traumatic Brain damage Be sure you have read the article “Neurological consequences of traumatic brain injuries in sports,” by Helen Ling, John Hardy, and Henrik Zetterberg. This reading is available through the following link: https://www.sciencedirect.com/science/article/pii/S104474311500041X?via%3Dihub OR https://doi.org/10.1016/j.mcn.2015.03.012 Ling, H., Hardy, J., & Zetterberg, H. (2015). Neurological consequences of traumatic brain injuries in sports.Molecular and Cellular Neuroscience. Amsterdam, Netherlands: Elsevier. Article in Press.Professional as well as amateur athletes in contact sports including football, soccer, boxing and hockey are at risk for repeated concussions. Fortunately, the medical community is examining the long-term effects of repeated concussions or traumatic brain injuries (TBIs) on athletes with the goal of identifying preventative measures as well as treatments. In 2012, the National Football League donated $30 million dollars to the Foundation for the National Institutes of Health to support research in brain injuries. The Ling et al. (2015) article from this week’s assigned reading discusses how chronic brain injuries lead to chronic traumatic encephalopathy (CTE), a progressive degenerative disease that includes memory loss, confusion, aggression, depression, abnormal impulse control, impaired judgment, and ultimately dementia. Respond to the following: What are the types of brain injuries that occur in high-impact sports? At the cellular level, how are neurons and glia believed to be affected by TBIs? What are the macroscopic features (neuropathology) of chronic TBI? How is the structure of the brain affected? Do you believe there should be new rules and regulations and/or development of new protective gear? Why or why not? What do you think should be done to protect professional players from TBIs? Would you recommend the same interventions for amateur players? Why or why not? Based on what you have learned this week, how would you advise a friend about their child’s participation in junior league football?
