San Diego State University Management Summation of Probability Question Business Finance Assignment Help. San Diego State University Management Summation of Probability Question Business Finance Assignment Help.
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Bunco
For this Critical Thinking assignment, you will apply concepts from probability theory to real-world scenarios.
Bunco is a group dice game that requires no skill. The objective of the game is to accumulate points by rolling certain combinations. The game is played with three dice, but we will consider a simpler version involving only two dice.
How do you play two dice Bunco?
- There are six rounds, one for each of the possible outcomes in a die, namely the numbers one through six.
- Going clockwise, players take turns rolling two dice trying to score points. Points are usually awarded as such: 21 points if both dice match the current round number (a “Bunco”); five points are awarded if both dice match each other, but do not match the current round number (a “Mini Bunco”). Finally, one point is awarded for a single die matching the current round number.
- If points are scored, the player gets to roll again, continuing to add to their score. If no points are awarded, the player’s turn ends and the dice are passed to the next player.
- At the end of the game, the winners get prizes for accomplishments such as the highest score, the lowest score, or the most buncos.
Part I: Complete the following steps assuming the round number is 6:
- What is the probability that the player rolls two distinct numbers different than six or rolls exactly one six (no points or one point)?
- What is the probability that the player rolls two of the same number but no six, i.e., two 1s, or two 2s, and so on (five points Mini Bunco)?
- What is the probability that the player rolls two 6s (21 points Bunco)?
- Compute the total of the probabilities found in the three previous questions.
- If the player wins a dollar for every point, he/she gets and losses three dollars for getting no points, what are the expected winnings or losses on each roll?
Part II: Based on your work in Part I, discuss the following:
- Describe the sample space when rolling two dice once. How can identifying all the elements of the sample space help you answer the questions in Part I?
- Determine if “rolling two different numbers different than six” or “rolling exactly one six” are mutually exclusive events. Justify your answer. Explain how this information can help you answer question one, Part I.
- Describe the relationship between odds and probability. Explain how you can use the result in question three, Part I to find the odds of getting a Bunco in a single roll.
- What does the result found in question four, Part I imply about these events? Explain how you have used the answers to questions one and two, Part I to get the answer to question three, Part I.
- Interpret the answer to question five, Part I.
- Discuss the advantages of understanding probabilities when playing dice games.
- Think of another scenario where probabilities can be used. Discuss the advantages of using probabilities in the context of the scenario you created.
Requirements:
You must submit two files for this assignment. The first file should contain the computations, graphs, diagrams, etc., associated with the questions in Part I. This file may be formatted as a numbered list of answers. Unless stated in the problem, a narrative discussion is not required, but you must provide enough information to show how you arrived at the answer.
The second file should be a 2-3-page narrative paper, written in APA format, associated with the situation described in Part II. Specific requirements for the paper are provided below:
- Your paper should be 2-3 pages in length (not counting the title page and references page) and should cite and integrate at least two credible outside sources. The CSU Global Library is a great place to find resources. Your textbook is a credible resource.
- Include a title page, introduction, body, conclusion, and a reference page.
- The introduction should describe or summarize the topic or problem. It might discuss the general applications of the topic or it might introduce the unique terminology associated with the topic.
- The body of your paper should address the questions posed in the problem. Explain how you approached and answered the question or solved the problem, and, for each question, show all steps involved. Be sure this is in paragraph format, not numbered answers like a homework assignment.
- The conclusion should summarize your thoughts about what you have determined from your analysis in completing the assignment. Nothing new should be introduced in the conclusion that was not previously discussed in the body paragraphs.
- Include any tables of data or calculations, calculated values, and/or graphs referenced in the paper. (Note: The minimum required length excludes any tables, graphs, etc.)
- Document formatting, citations, and style should conform to the CSU Global Writing Center (Links to an external site.). A short summary containing much that you need to know about paper formatting, citations, and references is contained in the Template Paper (Links to an external site.). If you need assistance with your writing style or you need writing tips or tutorials, visit the CSU Global Writing Center (Links to an external site.).
San Diego State University Management Summation of Probability Question Business Finance Assignment Help[supanova_question]
DAT 565 University of Phoenix Globalization And Information Research Paper Business Finance Assignment Help
This assignment is intended to give you an opportunity to strengthen your skills in gathering and analyzing business-related information. It provides a deeper understanding of how companies can look at globalization as part of their strategic and operational plans. The assignment has two parts: one focused on information research and analysis, and the other is on applied analytics.
Resources:
- Microsoft Excel®
- “How Netflix Expanded to 190 Countries in 7 Years” from Harvard Business Review
- Call Center Waiting Time
Part 1: Globalization and Information Research
Context: Companies that perform well in their country of origin usually consider expanding operations in new international markets. Deciding where, how, and when to expand is not an easy task, though.
Many issues need to be considered before crafting an expansion strategy and investing significant resources to this end, including:
- the level of demand to be expected for the company’s products/services
- presence of local competitors
- the regulatory, economic, demographic, and political environments
Carefully researching and analyzing these and other factors can help mitigate the inherent risk associated with an overseas expansion strategy, thus increasing the likelihood of success.
As a data analyst in your company’s business development department, you’ve been tasked with the responsibility of recommending countries for international expansion. You’ll write a report to the company’s executive team with your research, analysis, and recommendations.
Instructions:
Write a 525-word summary covering the following items:
- According to the article listed above, what were the most important strategic moves that propelled Netflix’s successful international expansion?
- The article mentions investments in big data and analytics as one of the elements accompanying the second phase of overseas expansion. Why was this investment important? What type of information did Netflix derive from the data collected?
- According to the article, what is exponential globalization?
- Not all international expansion strategies are a resounding success, however. Research an article or video that discusses an instance in which an American company’s expansion efforts in another country failed. According to the article/video you selected, what were the main reasons for this failure? Do you agree with this assessment?
- Explain some of the reasons why certain companies’ expansion plans have failed in the past.
Part 2: Hypothesis testing
Context: Your organization is evaluating the quality of its call center operations. One of the most important metrics in a call center is Time in Queue (TiQ), which is the time a customer has to wait before he/she is serviced by a Customer Service Representative (CSR). If a customer has to wait for too long, he/she is more likely to get discouraged and hang up. Furthermore, customers who have to wait too long in the queue typically report a negative overall experience with the call. You’ve conducted an exhaustive literature review and found that the average TiQ in your industry is 2.5 minutes (150 seconds).
Another important metric is Service Time (ST), also known as Handle Time, which is the time a CSR spends servicing the customer. CSR’s with more experience and deeper knowledge tend to resolve customer calls faster. Companies can improve average ST by providing more training to their CSR’s or even by channeling calls according to area of expertise. Last month your company had an average ST of approximately 3.5 minutes (210 seconds). In an effort to improve this metric, the company has implemented a new protocol that channels calls to CSR’s based on area of expertise. The new protocol (PE) is being tested side-by-side with the traditional (PT) protocol.
Instructions:
Access the Call Center Waiting Time file. Each row in the database corresponds to a different call. The column variables are as follows:
- ProtocolType: indicates protocol type, either PT or PE
- QueueTime: Time in Queue, in seconds
- ServiceTime: Service Time, in seconds
- Perform a test of hypothesis to determine whether the average TiQ is lower than the industry standard of 2.5 minutes (150 seconds). Use a significance level of α=0.05.
- Evaluate if the company should allocate more resources to improve its average TiQ.
- Perform a test of hypothesis to determine whether the average ST with service protocol PE is lower than with the PT protocol. Use a significance level of α=0.05.
- Assess if the new protocol served its purpose. (Hint: this should be a test of means for 2 independent groups.)
- Submit your calculations and a 175-word summary of your conclusions.
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Midlands Technical College Supply and Demand Discussion Economics Assignment Help
Part I: Find an article that discusses and event that change (shift) supply and/or demand changes for a particular product. In your submission discuss the factor(s) mentioned in your article, and correctly describe the impact on supply and/or demand. Discuss the overall impact of price and quantity in response to the change in supply and/or demand. Why is this article relevant to you? Correctly utilize APA documentation with the URL (minimum of 8 sentences).
Part II: Discuss the current provision of public goods in the US. Should more public goods be provided? Why or why not? Strengthen the content in your opinion by referencing an article in the “In the News Section” of the Week 3 content , or you can find your own article about public goods (minimum of 6 sentences). Proper APA documentation should be utilized for this portion of the post.
Part III (you must respond to two different students for this section):
- Respond to one of your classmates’ post with regards to their Part I submission. In your response, you need to state how the changes in supply/demand of the good/service personally impact you (minimum of 5 sentences).
- Respond to one of your classmates’ post regarding their Part II post. In your response focus on your opinion of the information presented in their post. Strengthen your argument with information from reputable articles/research. Also include proper APA documentation with URL(minimum of 7 sentences).
*Note: Only the first submission will be scored. Please include APA documentation.
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University of Maryland Baltimore Infectious Disease & Hematologic Disorders Paper Health Medical Assignment Help
As an advanced practice nurse, you will likely experience patient encounters with complex comorbidities. For example, consider a female patient who is pregnant who also presents with hypertension, diabetes, and has a recent tuberculosis infection. How might the underlying pathophysiology of these conditions affect the pharmacotherapeutics you might recommend to help address your patient’s health needs? What education strategies might you recommend for ensuring positive patient health outcomes?
For this Discussion, you will be assigned a patient case study and will consider how to address the patient’s current drug therapy plans. You will then suggest recommendations on how to revise these drug therapy plans to ensure effective, safe, and quality patient care for positive patient health outcomes.
Photo Credit: Getty Images
To Prepare
- Review the Resources for this module and reflect on the different health needs and body systems presented.
- Your Instructor will assign you a complex case study to focus on for this Discussion.
- Consider how you will practice critical decision making for prescribing appropriate drugs and treatment to address the complex patient health needs in the patient case study you selected.
Post a brief description of your patient’s health needs from the patient case study you assigned. Be specific. Then, explain the type of treatment regimen you would recommend for treating your patient, including the choice or pharmacotherapeutics you would recommend and explain why. Be sure to justify your response. Explain a patient education strategy you might recommend for assisting your patient with the management of their health needs. Be specific and provide examples.
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Texas a & M International Univ Human Resources Job Structure and Design Worksheet Business Finance Assignment Help
Please read this article from Job Analysis (Morgeson, 2017/SAGE), (Links to an external site.) and pay special attention to key concepts found within each of the three sections: Types of Information to Collect, Job Analysis Methods, and Source of Job Analysis Information. After noting these concepts, please watch the short video, Job Analysis (02:41, LinkedInLearning.com) (Links to an external site.). After completing both of these learning activities, please complete the Job Analysis Worksheet (DOCX) for your current organizational role.
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ACC 241 Academy for Jewish Religion Graphs Representing Data Worksheet Business Finance Assignment Help
- Download the
article “Forecasting with Excel” from Canvas and read it - Input the
following data starting in Cell A1
-
Week
Units
Total Costs
January
3
$1,800
February
6
$2,300
March
4
$1,700
April
5
$2,000
May
7
$2,300
June
8
$2,700
July
2
$1,200
- Following the
instructions from the article, calculate the R2 (2 point) and the
regression equation using excel functions (3 points) - Add a title (1
point) - Change the
vertical axis to $ and no decimal places (1 point) - Add a
horizontal axis title (1 point) - Add a vertical
axis title (1 point) - In cell A12
write “Forecasted costs for 10 units and in cell B12 calculate the
forecasted costs. (4 points) - Make sure you
spreadsheet looks nice and readable (1 point) - Name your
spreadsheet “yourlastnameexcel1” (1 point) and upload your
completed spreadsheet into Canvas by 10 minutes prior to the start
of class:
- The 10 points
for this assignment will be allocated as follows:
- Calculated
R2 2 - Correct
regression equation 3 - Correct
forecasted total 4 - Title 1
- Vertical axis
title 1 - Horizontal
axis title 1 - Costs
formatted properly 1 - Appearance 1
- Correct
Name 1
- Calculated
ACC 241 Academy for Jewish Religion Graphs Representing Data Worksheet Business Finance Assignment Help[supanova_question]
Job Analysis and Job Bidding Essay Business Finance Assignment Help
This is a two part question:
(1) Some organizations utilize job bidding: internal employees have the opportunity to apply for positions before they are advertised to the public. Do you believe that this practice maximizes the potential for innovaticwnwaa within the organization or diminish it? (Resond in 1 minimum of 250 words and 2 references. No need for a cover page or reference page for this pard of the assignment).
(2) write a narrative essay (minimum of 1200 words) which addresses the questions and statements below. A minimum of three scholarly sources are required, and all sources should be cited and referenced in APA format.
- Describe job analysis and distinguish between job description and job specification.
- Discuss the advantages and disadvantages of using temporary employees as an option in response to labor shortages.
- How does the Civil Rights Act of 1991 differ from the Civil Rights Act of 1964?
- Discuss the key components of an effective diversity management program.
- Describe an effective onboarding program. Be sure to include at least five characteristics from the text. culture, clarification, compliance, socialization)
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The Stock Exchange Market Discussion Business Finance Assignment Help
I need an explanation for this Accounting question to help me study.
Video Report #1: Modern Marvels: The Stock Exchange
Please use Microsoft Word to create at least a two-page, single-spaced report (using 12-point font) on our first video entitled Modern Marvels: The Stock Exchange. The report should be formatted using either a traditional outline or simple bullet points with short sentences. Your report should provide a solid overview of the video’s content, demonstrating that you took careful notes while viewing the video.
Watch video and create report.
The Video is 45 minutes long but is located on my Moodle account.
I have found a 10 minute version on YouTube and attached 2 other reports done by someone else. Please have it along the same lines.
Modern Marvels: The Stock Exchange
Requirements: Two-paged, single-spaced
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ECN 201 Grantham University Increase in The Minimum Wage Discussion Business Finance Assignment Help
Your initial post should be 75-150 words in length, and is due on Sunday. By Tuesday, you should respond to two additional posts from your peers.
Markets seek equilibrium, and the demand for goods and services will come to an equilibrium with supply of goods and services. When markets are not in equilibrium, surpluses and shortages, as well as underground markets, can exist. Sometimes, the government may want to intervene in markets to try to help reduce economic hardships.
Analyze the impact of an increase in the minimum wage from the current level to $15 per hour. How would the following be affected?
a. employment of people previously earning less than $15 per hour
b. the unemployment rate of teenagers
c. the availability of on-the-job training for low-skilled workers
d. the demand for high-skilled workers who are good substitutes for low-skilled workers
Review the mechanics of price floors and price ceilings. Why does a price floor lead to surpluses? Why does a price ceiling lead to shortages? Review consumer and producer surplus. A price floor will lead to a transfer of consumer surplus to producer surplus; a price ceiling will lead to a transfer of producer surplus to consumer surplus; both price regulations lead to deadweight losses, which is a loss of surplus to society. Why?
View your discussion rubric.
Jacqueline Chandler
week 2
The people who are making less then $15 hour could be hard for them to take care of home and their families to be able to take care of yourself i feel minmium wage should be $15 hour or more. Most teenagers can get help from their parents but for the ones who can’t teenagers might not be able to buy the things they would like or even hang out with their friends. Low-skilled workers would have to learn quick on their own without the training it could be chellange but in the real world it best to teach yourself so that you can know whats going on. High skilled workers would proabably want more money to help low-skilled workers. When price ceililing has a shortage that means its more demand in the equilibrum price, there is more quantity supplied. For surplus to cause a loss to society the market has not produced which cause it to be deadeweight losses
Paige Allen
Week 2 – Allen
I have seen an increase in the minimum wage that my company specifically has set. Through the last hiring phase they were more likely to hire internally to fill the positions, than externally. I also noticed that when the wage jumped, all wages were not redefined and no more was expected out of the employees than before. I think it is hard to put A, B, C, and D into different categories because it is hard to know what a company will do when faced with a minimum wage increase. I can see teenagers not being picked for jobs, however I can also see many more teenagers looking for jobs and trying harder because of the incentive of the pay rate. I don’t necessarily think that people making less that $15 now would largely be effected. I think if a company is going to be paying more for employees that they would want to provide more on the job training to those that they hire, to make sure they they are getting the most out of their investment. I can see however that they would look at quality over quantity and looking for higher skilled employees. This is a hard discussion because there are so many sides to what would or would not happen.
Price floors can lead to a surplus because if it doesn’t get any cheaper, items could be demanded less, and cheaper alternatives would be produced. Price ceilings could lead to a shortage because if the demand rises, not being able to raise the price would potentially lead to not enough product to go around.
Your initial post should be 75-150 words in length, and is due on Sunday. By Tuesday, you should respond to two additional posts from your peers. A profit-maximizing price searcher will expand output as long as marginal revenue either exceeds or is equal to marginal cost, lowering its price or raising its price until the midpoint of their demand curve and highest total revenues are achieved. Why are oligopolies able to earn both short-run economic profits and long-run economic profits, while price taking firms like perfect competitors can only earn short-run economic profits? Review the characteristics of perfect competition and imperfect competition (monopolistic competition, oligopoly, and monopoly). Barriers to entry don’t exist for perfect competition, but barriers to entry exist for imperfect competition. What are the implications of barriers to entry to the firm and competition? Review consumer surplus and producer surplus; what happens to consumer surplus is price is above equilibrium, or in this case above normal profits? View your discussion rubric. Tyrell Bryant week 6 There is a lack of competition in the oligopolies’ market because of the large number of barriers to entry. With only a few firms in this type of market, the profits can easily be shared. This occurs when the firms collude rather than start price wars which would only wipe out all profits. Alternatively, there are no such barriers in perfect competition. Thus, in the short-run, the supply is low which makes prices high, which allows the profits to be enjoyed. However, in the long-run, more firms enter the market, which causes the supply to increase and thus makes the prices lower and leaves the firms without a profit. Keandra Hayes week 6 With an oligopoly no single firm is able to have a large amount of market power. All firms have to collude in order to raise prices. The perfect competition is a market type in which no participant is large enough to set prices. Short run economic profits leads to firms entering the market. In the long run purely competitive firms will be both productive and allocatively efficient. Oligopoly firms are the least competitive structures in which long-run ecomonic profits are present due to downward-sloping demand curve and high barriers to entry. https://content.grantham.edu/academics/GU_ECN201/W6Lecture1.htm Your initial post should be 75-150 words in length, and is due on Sunday. By Tuesday, you should respond to two additional posts from your peers. Profit-maximizing firms will hire additional units of a resource up to the point at which the marginal revenue product (MRP) of the resource equals its price. With multiple inputs, firms will expand their use of each until the marginal product divided by the price (MP/P) is equal across all inputs Week 7 Discussion The marginal revenue product of labor refers to the extra income a firm generates by hiring an additional employee holding other factors constant. The product of the marginal product of labor and the marginal product of labor gives the marginal revenue product of labor (Lumen, n.d). Profit-maximizing firms hire workers until the wage rate and the marginal revenue product are equal. The marginal revenue productivity theory indicates that a firm will stop hiring more employees if additional wages exceed extra income from their labor. The marginal revenue product of labor changes when a variable affecting the marginal product of labor or price changes. Changes in the product demand or price of substitutes or complements cause changes in the price of output (Lumen, n.d). The marginal revenue product of labor curve shifts due to changes in these variables. Firms in a perfectly competitive market will increase labor until its marginal product is equal to the wage rate. In this market, the equilibrium employment level and wage occur where the demand and supply for labor are equal. A worker’s marginal revenue product determines their wages (Pettinger, 2017). In short, the more productive a worker is, the higher the wages. The efficient allocation of resources improves profitability, and therefore firms must pay wages depending on a worker’s productivity. This notion does not conflict with minimum wage requirements as firms reward workers for their efforts. Marginality indicates that the additional utility of a good or service determines value. Firms can use this concept to determine their products’ price and ensure that it matches their value.
References Lumen. Demand for Labor | Boundless Economics. Courses.lumenlearning.com. https://courses.lumenlearning.com/boundless-economics/chapter/demand-for- labor/#:~:text=Themarginalrevenueproductivitytheorystates%2 0thataprofitmaximizing,attributabletotheadditionalwo rker. Pettinger, T. (2017). What Determines Pay / Wages? – Economics Help. Economics Help. https://www.economicshelp.org/blog/1737/economics/what-determines-pay/. Michael Mclaurin Week 7 discussion The link between marginal revenue product and wages is that employees get paid piece work when it comes down to marginal revenue product (employees get paid according to their work). So if you don’t work, you don’t get paid. When it comes down to wages, workers get paid the same no matter how much work or product they produce during the work day. I believe that employees with higher marginal revenue product should earn higher wages than employees with lower marginal revenue product in some cases. I used to be a cable contractor and it would’ve been unfair to me for employees with lower marginal revenue product to earn the same wages. This does not conflict with minimum wage laws in my opinio because some jobs and some applications require a different approach to wages. Not all situations are the same. |
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Walsh College The Modern Marvels and The Stock Exchange Bullet Points Notes Business Finance Assignment Help
Video Report #1: Modern Marvels: The Stock Exchange
Please use Microsoft Word to create at least a two-page, single-spaced report (using 12-point font) on our first video entitled Modern Marvels: The Stock Exchange. The report should be formatted using either a traditional outline or simple bullet points with short sentences. Your report should provide a solid overview of the video’s content, demonstrating that you took careful notes while viewing the video.
Watch video and create report.
The Video is 45 minutes long but is located on my Moodle account.
I have found a 10 minute version on YouTube and attached 2 other reports done by someone else. Please have it along the same lines.
Modern Marvels: The Stock Exchange
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