Richard is deciding whether to buy a state lottery ticket. Each ticket costs $1, and the probability of winning payoffs is given as follows:
| Probability | Return |
| 0.5 | $0.0 |
| 0.25 | $1.00 |
| 0.2 | $2.00 |
| 0.05 | $7.5 |
- What is the expected value of Richard’s payoff if he buys a lottery ticket? What is the variance?
- Richard’s nickname is “No-Risk Rick” because he is an extremely risk-averse individual. Would he buy the ticket?
- Suppose Richard was offered insurance against losing any money. If he buys 1000 lottery tickets, how much would he be willing to pay to insure his gamble?
- In the long run, given the price of the lottery tickets and the probability/return table, what do you think the state would do about the lottery?
What are the four mutually exclusive states of the world that you should be concerned about?
Suppose you have invested in a new computer company whose profitability depends on two factors: (1) whether the U.S. Congress passes a tariff raising the cost of Japanese computers and (2) whether the U.S. economy grows slowly or quickly. What are the four mutually exclusive states of the world that you should be concerned about?
Consider a lottery with three possible outcomes:
- $125 will be received with probability 0.2
- $100 will be received with probability 0.3
- $50 will be received with probability 0.5
a. What is the expected value of the lottery?
b. What is the variance of the outcomes?.
c. What would a risk-neutral person pay to play the lottery?
Conduct an Internet search for recent OSHA violations and write an essay describing one.
Instructions
Occupational Safety and Health Administration was established to ensure that employees work in a safe and healthful environment. This is done by setting and enforcing standards and providing training, outreach, education, and assistance. All employers must comply with all pertinent OSHA standards. Instructions:
For this assignment, conduct an Internet search for recent OSHA violations and write an essay describing one. Within your essay, provide the following:
Description of the facts concerning the violation and the damages or remedies for the violation including the parties involved.
Provide in your essay a definition of the violation.
Verification of your research by citing at least two independent sources for your information about the violation
The paper should be 1 to 2 pages in length.
Consider the elements of a case note from part 2 of what you viewed from Social Work Coaching readings.
Create a case note of future plans to visit 1 campus resource
Case Notes on plan to visit 1 campus resource
Campus Resources
https://www.uta.edu/studentssuccess/success-programs/programs/resource-hotline.php
Discuss the probable social security income for a person 70 years of age
Most United States citizens are eligible for Social Security and Medicare by age 65.
1. Discuss the probable social security income for a person 70 years of age. (you will need to investigate on the internet or other reference materials)
1. Describe your person
1. ethnicity
2. gender
3. marital status
4. occupation
5. income at peak
6. years worked
2. Discuss if this income is adequate for their needs and why?
3. Could you live on this income per month?
Choose one of the NASW Social Justice Priorities Equity and Inclusion (2018 – 2019) as an example to highlight your points.
Choose one of the NASW Social Justice Priorities Equity and Inclusion (2018 – 2019) as an example to highlight your points.
Describe social workers role in promoting social justice in relation to society and with whom they work.
Describe social workers role in promoting social justice in relation to society and with whom they work.
Designate whether you are to support the position of either the pluralist theory or dominance theory of business power.
In your initial post, you will support the dominance theory of business power.
Read the Standard Oil case study beginning on page 75 of the textbook as well as pp. 145–150 of Exxon and the Control of Oil. Your instructor will designate whether you are to support the position of either the pluralist theory or dominance theory of business power.
From the perspective of the theory which you have been assigned, consider the following prompts in your initial post:
With reference to the seven levels of corporate power addressed in the text, how did the power of Standard Oil change society?
Was the power exercised in keeping with the social contract of Rockefeller’s era?
Does the story support the position of either the pluralist or dominance theory of business power?
Also in your post, state which theory (pluralist or dominance) you personally ascribe to. Did the arguments you read on this discussion topic change your perspective?
Choose two sports logo (pick from any teams, any leagues, any athletes etc.) that in your opinion are examples of a GOOD logo and a BAD logo
GOOD vs. BAD Branding
Choose two sports logo (pick from any teams, any leagues, any athletes etc.) that in your opinion are examples of a GOOD logo and a BAD logo, based on the following three factors discussed in lecture topic 8:
SCALABLE
MEMORABLE
do not use sources on the writing
MEANINGFUL
Please upload/attached a pic of the logos, and give us a sentence or two about each category and whether or not the branding measures up.
Comments from Customer
Discipline: Sports Marketing