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Course: PGS 24674, Spring 2009
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325: PSY PHYSIOLOGICAL PSYCHOLOGY Course Number 1002-LEC (24674) Instructor: Sudipta Biswas, Ph. D. Class Time: Tu, Th 10:30 - 11:45 AM Location: College Of Design South # 15 Office: 231 Schwada Building E-mail: Sudipta.Biswas@asu.edu Office Hrs: Tuesday (8:30 AM -10:30 AM) Friday (10:00 AM 12:00 PM) TA: Ryan Meyers Office: Psychology Building 366 E-mail: rmeyers@asu.edu Office Hrs: By appointment...

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325: PSY PHYSIOLOGICAL PSYCHOLOGY Course Number 1002-LEC (24674) Instructor: Sudipta Biswas, Ph. D. Class Time: Tu, Th 10:30 - 11:45 AM Location: College Of Design South # 15 Office: 231 Schwada Building E-mail: Sudipta.Biswas@asu.edu Office Hrs: Tuesday (8:30 AM -10:30 AM) Friday (10:00 AM 12:00 PM) TA: Ryan Meyers Office: Psychology Building 366 E-mail: rmeyers@asu.edu Office Hrs: By appointment Electronics Please turn off phones, pagers, all electronic equipment. It is disruptive to the class. PSY 325 Satisfies one of the Psychology Depts Requirement for B.S. or B.A. degree General Course Information Requirements: Textbook Carlson 9th edition * Buy at Bookstore Pre-requisites * PSY 290 (Research Methods) * OR two Biology Courses Over-rides This class has a maximum capacity of 50 students. No more overrides can be provided. Expectations of This Course It is a DIFFICULT course. Involves a lot of hard work and learning new concepts and memorization. INTERDISCIPLINARY Emphasis on biology specifically neurobiology Also involves knowledge of Psychology Biochemistry Physics Molecular biology DYNAMIC FIELD New Information all the time LECTURE NOTES: Students who want access to lecture notes can download them prior to the lecture using blackboard. They will be in PDF. Go to: https://my.asu.edu/ myasucourses,ASUinteractive Lecture notes are NOT required but are HIGHLY recommended because you can focus on the CONCEPTS during class lectures. PRACTICE EXAMS: not available: exam format has changed Grades Three Midterm Exams: Lowest Score would be dropped so only 2 would be counted. Midterm 1 Midterm 2 Midterm 3 Final Exam = 150 pts 150 pts 150 pts 300 midterm points total 200 points Total Points = 500 points Final Exam is comprehensive Final Grades are based upon: A: 90-100% B: 80-89% C: 70-79% D: 60-69% Make-Up Exams: Not available because one midterm is dropped. Extra Credit Option Extra Credit points are added after the final scores have been tallied. Extra credits are not used to increase a score by one full letter grade. Instead, they are meant to boost students to the next grade when they are within 2 to 3 points of the next grade. Instructor approval is required before you do an extra credit project. Option 1 (10 pts) Design an illustration to be used as a powerpoint illustration to be used in future Psychology 325 classes. Extra credit Grading 1. Helpfulness (4 pts): 2. Clarity (3 points): 3. Effort (3 pts): Chapter 1: Introduction What is Physiological Psychology? Physiological Psychology is the study of how the brain affects behavior using all kinds of animals (excluding humans). Cognitive Psychology is the study of how the brain affects behavior in humans. Understanding Human Consciousness Consciousness : Refers to a variety of concepts May be simple wakefulness It can be altered by changes in brain chemistry * it may be a physiological function May or may not include awareness of perceptions Blindsight : Interesting phenomenon that can illustrate the meaning of consciousness (Weiskrantz et al., 1974). Old Dogma: Consciousness includes awareness of perceptions Blindsight phenomenon shows that perceptions can occur without consciousness. Example of blindsight: A blind person with only vision in middle of visual field can accurately reach for objects in his or her blind visual field ( page 5 box). The person is not consciously aware of the objects. Blindsight Caused by damage to the mammalian visual system of the brain Shows that consciousness is not a general property of all parts of the brain Some brain regions can function without consciousness Blindsight (Fig. 1.2) Split-brain operation Brain surgery that is occasionally performed to treat a form of epilepsy. A surgeon cuts the corpus callosum, which connects the two hemispheres (the two symmetrical halves of the brain). The two hemispheres work independent of each other Fig 1.3 Split brain patients: Right hemisphere controls left side of body. Left hemisphere controls speech. Right can understand verbal instructions. Exception is the olfactory system (which is not crossed). 1. Blocked left nostril and blindfolded patient then presented a rose smell 2. Asked what do you smell Patient denies smelling anything (left blocked, no perception). 3. Asked to use left hand to choose the type of smell. Reaches for rose. (not conscious but can perceive) Conclusion: Consciousness involves operations of the verbal mechanisms of the left hemisphere. May or may not be linked to perception. Fig. 1.4 PhysiologicalPsychology The Goals Of Research There are two main approaches that scientists use to explain a discovery : Generalization: A conclusion based on many observations of similar phenomena. Particular instances of behavior are used as examples of general laws (theories are based on examples). Reduction: A phenomenon is explained in terms of the more elementary processes that underlie it. Behaviors are systematically analyzed at smaller levels. Biological Roots Of Physiological Psychology Localization of Function - 2 Basic Problems 1) Are mental problems due to brain or mind? 2) Where is the locus of control for different behaviors within the brain? TheMindBodyQuestion Mind-Body Problem What is the mind? Is the mind part of the Nervous System and does it control the nervous system? Is the mind tangible? 1. Dualism: The belief that the body is physical (and can be studied) but the mind (or soul) is not physical (and cannot be studied). They believe that the mind and body are separate (two) and that the mind consists of something not yet understood. 2. Monism: The belief that the world consists only of matter and energy and the mind must be a part of it. They believe that the mind and body can be studied because they are either matter or energy. a. This is the assumption of most physiological psychologists. b. Once the workings of the nervous system are known, then so will the mind-body problem be understood. Brain Hypothesis - mental processes in brain Alcmaeon of Croton (ca. 500 B.C.) Hippocrates (460-370 B.C.) Plato (420-347 B.C) - "part closest to heaven" Heart Hypothesis - mental processes in heart Empedocles (ca. 490-430 B.C.) Aristotle (384-322 B.C.) - Heart is Warm & Active Mental Processes - Brain is Cool & Inert Radiator to Cool Blood Physiological Psychologists down the ages Descartes (1596-1650) The first person to propose a model linking the mind and brain on how the nervous system worked. Dualist: Believed that the world was purely mechanical. Once God set it in motion, the body ran its course without divine interference. Used reflexes as an example: A reflex is an automatic, stereotyped movement that is produced as the direct result of a stimulus. Descartes called Reflexes - Mechanistic Body Responses -Automatic & Involuntary -Stereotyped Descartes explanation of a reflex based on statues in Royal gardens in Paris His theory was: Ventricles in the brain = pressurized water Nerves = pipes for the water to flow Muscles = cylinders body Pineal = valves: where the mind and body interacted seat of soul Fig. 1.6 Luigi Galvani (17 C) Disproved Descartes model. Galvani found that electrical stimulation of a frogs nerve caused contraction EVEN when the muscle was detached from the rest of the body. Why did this disprove Descartes model? Gustav Fritsch & Eduard Hitzig (1870) Used small pulses of electrical stimulation on the surface of a dogs brain and observed the effect: 1. Dog neocortex muscle contractions, leg twitches on the OPPOSITE side of the body 2. Mechanical irritation of temporal cortex in man eye movements Concluded that Cortex (the surface of the brain): 3) Is Electrically Excitable 4) Important in Producing Movement 5) Has Topographic Organization Localized Function Primary Motor Cortex Hermann von Helmholtz Determined nerve communication to be chemical, not electrical. Found nerve speed was slower than the speed of light (~90 ft/sec) Pierre Flourens (1825) Ablation (Lesion) Method - removed specific part(s) of brain, then observed behavior for loss of specific abilities Paul Broca (1860s) - applied principle to human brain by studying patients with brain damage from strokes - Found Left Cortex responsible for Speech Brocas Area Fig. 1.9 Johannes Mller (1801 - 1858) 1. Advocated experimental techniques (previously, activities were based upon observation and classification) 2. Doctrine of specific nerve energies Found the brain to be functionally divided. Although all nerves carry the same message and electrical impulse- the information is perceived differently. Example: Optic nerve produces visual image and auditory nerve produces hearing. How can the same message from a nerve be perceived differently? Extra Credit From Student (Skeekey) Charles Darwin (1809-1882) Evolutionary Theory Functionalism - characteristics of living organisms perform useful function (or at least used to) Eg. Appendix as storage sac Adaptation - In order to survive the changes in environment, different organs have to undergo adaptation. Eg. Forelimbs Mutations - Random/Accidental changes in recipe (chromosomes) that produces building blocks (proteins) and lead to the adaptive changes. Fig 1.11 Gave rise to the theory of Natural Selection Evolutionary changes across offsprings increase the probability for survival. Selective Advantages better resistance to disease better appearance: - more sexually appealing - better camouflage increased speed to flee or capture prey But selections are not always adaptive (maladaptive) F. 1.13) Role of Genetics in Physiological Psychology To study how mutations or other genetic mechanisms influence physiological processes upon which behaviors depend. Evolution of the Human Species Evolution is the gradual change in the structure and physiology of plant and animal species as a result of natural selection. Comparative Psychology - the study of different species to understand the evolution of brain structure & behavior Human genetic relatedness to: Chimp = 98.8% Gorilla = 98.6% Orangutan = 97.2% Fig 1.16 Evolution of Large Brains Does a Larger Brain Confer Greater Intelligence? compare human vs elephants vs whales Bigger bodies require bigger brains, but size of brain does not have to increase with the size of the body Eg/proportion of brain to body size human vs elephant vs shrew = 2.3% vs 0.2% vs 3.3% Thus larger muscles do not necessarily require more nerve cells to control them. ** What counts is NOT having nerve cells committed to moving muscles or receiving sensory information, but having nerve cells devoted for learning, remembering, reasoning, and making plans Orange line: brain and body size of related hominids Blue line: brain and body size of Homo-related hominids Fig. 1.19 Neoteny (extended youth) A slowing of the process of maturation, allowing more time for growth; an important factor in the development of large brains Human and Chimps brains similar in size at infancy Neoteny lets humans keep larger brains Infancy Adulthood Chimps: Humans: Extra Credit from Student (Hamilton) Use Of Animals In Research History of Animal Rights - evolution of the movement Ren Descartes (17th C) Dualist (def. pg. 4) * Humans possess spirit/mind * Animals machine-like (inferior to man, no spirit) Jeremy Bentham (17th - 18th C) * Issue is not about ability to reason or talk, but about ability to suffer * "Rights" - Ability to suffer by animals must be considered equally with man's Richard Ryder (1975) * Speciesism - prejudice, akin to Racism or sexism, against nonhumans Categories of Movements Animal Welfare Movement: Are animals being treated humanely? a. Seek improved care & housing b. Emphasize ban on use of pound animals for experimentation c. Support animal research when animals are treated humanely d. Federal law passed in 1985 has strict requirements for the care, housing and use of animals in research 2. Animal Rights Movement: Do animals have the same rights as humans? Seek elimination of what they view as abuse b. Attempt to eliminate abuse by a combination of means, including militant & terrorist activities c. Do not want animals used in research at all because animal use is morally wrong Examples of Organizations: PETA - People for the Ethical Treatment of Animals ~200,000 dues-paying members ALF - Animal Liberation Front - committed to freeing lab animals - destroyed equipment, records & facilities - burned laboratory at U. C. Davis School of Veterinary Medicine (>$3 million loss) Uses of Animals Food Work on Farms Transportation Fur/Clothing Pleasure pets sporting hunting racing fishing Research Research & Education accounts for only 0.3% animals used but gets the majority (63.3%) of attention. Most animal abuse comes from pet ownership (Miller,1983) No oversight, no permits. FIFTY times more animals are killed by humane societies due to abandonment than those killed in animal research Purpose of animal use in Research 1. Biomedical & Behavioral Testing - how systems function - to advance medical knowledge 2. Education - Health professions - Veterinary medicine - Biomedical research - Biological knowledge 3. Drug & Product Testing - Safety & efficacy of new drugs - Toxicity of chemicals Impact of Animal Research Among the Nobel Prizes awarded between 1901-1985 54 of 76 awards in Physiology or Medicine for Discoveries attributed to Animal Research 1985 - Cholesterol & Heart Disease - Dogs 1966 - Viruses & Cancer - Chickens 1960 - Foreign Tissue Rejection - Cattle, Mice 1923 - Poliomyelitis Virus Cultures Dogs OTHER CONTRIBUTIONS Imprinting in the Condor - teach identification with own species of threatened lines Learning, Addictive Behaviors (tobacco, drugs, alcohol), Compulsive Behaviors (anorexia nervosa) Benefits of animal research on animals 1.Immunization against distemper, rabies, parvo virus, infectious hepatitis, anthrax and tetanus 2. Treatment of feline leukemia 3. Experimental radiation techniques and immunotherapy for cancer in dogs
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ASU - PGS - 24674
CELLS OF THE NERVOUS SYSTEM Ch 2The Nervous System (NS)Two parts 1. Central Nervous System (CNS) Comprised of the brain and spinal cord Encased within the skull and spinal column 2. Peripheral Nervous System (PNS) Comprised of nerve tissue loca
ASU - PGS - 24674
Ch 2 CELLS OF THE NERVOUS SYSTEM ContinuedWhat Causes the Membrane Potential?+ve charge outside and ve charge inside Large molecules carry a negative charge and never leave the neuron More Na+ ion outside more K+ ion inside as a protein called th
ASU - PGS - 24674
PsychopharmacologyCh. 4What is Psychopharmacology?Psychopharmacology: The study of the effects of drugs on the nervous system and behavior.What is a drug ?What is a drug ?USEABUSEAre these drugs ?Periwinkle A flower that grows in peop
ASU - PGS - 24674
Techniques in Physiological PsychologyCh. 5Know All Definitions In Lower Right Corner of Book and Purpose of a technique (why is the technique used)? Method to accomplish goals (be able to describe the procedure).Methods and Strategies of Res
ASU - PGS - 24674
VisionCh. 6The Stimulus: The visual system detects anarrow band of the Electromagnetic Radiation SpectrumJust 300 nm (10-9 meter)Longer wavelengths Shorter, more dangerous wavelengthsFig. 6.1The perceived color of light is determined by:1
ASU - PGS - 24674
Vision (continued) Ch. 6Visual FieldTotal area of view when eyes are fixed straight ahead. Divided into right and left hemifieldLeft Visual Field Lf eyeLf Nasal RNH HemiretinaRight Visual Field Rt eyeeyeLTHRt Temporal hemiretinaLeft s
ASU - PGS - 24674
The Auditory SystemCh. 7What you should know about Audition1) How sound is created and the physical properties of sound 2) The main auditory pathway and connections 3) Anatomy of the ear, cochlea, and organ of corti 4) How transduction of sound o
ASU - PGS - 24674
Sleep MechanismsChapter 9What is sleep?A Sleeping Lion (www.istockphoto.com)A Baby sleeping (www.blondenyko.spaces.live.com)NightmaresFig 9.4Stages of SleepNon-REM sleep REM (Rapid Eye Movement) sleepwww.health.howstuffworks.comHow
UVA - MATH - 325
Notes on Dierential EquationsThomas Kriete Rebecca Schmitz Erin ValentiCopyright c 2005 Thomas L. Kriete All rights reserved.ContentsUnit 1 1.1 Direction Fields 1.2 Solutions of Some Dierential Equations 1.3 Classication of Dierential Equations
UCSD - PHYS - 1c
UCSD - BIMM - 120
Matching: each answer (A-E) can be used more than once in a section. However, for each question, there is just one correct answer. (1-7) Match the component to the kind of cell it is found in: 1. 2. 3. 4. 5. 6. 7.Lipopolysaccharide (LPS) In some spe
Korea Advanced Institute of Science and Technology - FIN - FIN508
Chapter 01 - The Investment EnvironmentCHAPTER 1: THE INVESTMENT ENVIRONMENTPROBLEM SETS 1. Ultimately, it is true that real assets determine the material well being of an economy. Nevertheless, individuals can benefit when financial engineering c
Korea Advanced Institute of Science and Technology - FIN - FIN508
Chapter 02 - Asset Classes and Financial InstrumentsCHAPTER 2: ASSET CLASSES AND FINANCIAL INSTRUMENTSPROBLEM SETS 1. Preferred stock is like long-term debt in that it typically promises a fixed payment each year. In this way, it is a perpetuity.
Korea Advanced Institute of Science and Technology - FIN - FIN508
Chapter 03 - How Securities are TradedCHAPTER 3: HOW SECURITIES ARE TRADEDPROBLEM SETS 1. 2. Answers to this problem will vary. The SuperDot system expedites the flow of orders from exchange members to the specialists. It allows members to send co
Korea Advanced Institute of Science and Technology - FIN - FIN508
Chapter 04 - Mutual Funds and Other Investment CompaniesCHAPTER 4: MUTUAL FUNDS AND OTHER INVESTMENT COMPANIESPROBLEM SETS 1. The unit investment trust should have lower operating expenses. Because the investment trust portfolio is fixed once the
Korea Advanced Institute of Science and Technology - FIN - FIN508
Chapter 05 - Learning About Return and Risk from the Historical RecordCHAPTER 5: LEARNING ABOUT RETURN AND RISK FROM THE HISTORICAL RECORDPROBLEM SETS 1. The Fisher equation predicts that the nominal rate will equal the equilibrium real rate plus
Korea Advanced Institute of Science and Technology - FIN - FIN508
Chapter 06 - Risk Aversion and Capital Allocation to Risky AssetsCHAPTER 6: RISK AVERSION AND CAPITAL ALLOCATION TO RISKY ASSETSPROBLEM SETS 1. 2. (e) (b) A higher borrowing is a consequence of the risk of the borrowers default. In perfect markets
Korea Advanced Institute of Science and Technology - FIN - FIN508
Chapter 07 - Optimal Risky PortfoliosCHAPTER 7: OPTIMAL RISKY PORTFOLIOSPROBLEM SETS 1. 2. (a) and (e). (a) and (c). After real estate is added to the portfolio, there are four asset classes in the portfolio: stocks, bonds, cash and real estate. P
Korea Advanced Institute of Science and Technology - FIN - FIN508
Chapter 08 - Index ModelsCHAPTER 8: INDEX MODELSPROBLEM SETS 1. The advantage of the index model, compared to the Markowitz procedure, is the vastly reduced number of estimates required. In addition, the large number of estimates required for the
Korea Advanced Institute of Science and Technology - FIN - FIN508
Chapter 09 - The Capital Asset Pricing ModelCHAPTER 9: THE CAPITAL ASSET PRICING MODELPROBLEM SETS 1. E(rP) = rf + P [E(rM ) rf ] 18 = 6 + P(14 6) P = 12/8 = 1.5 2. If the securitys correlation coefficient with the market portfolio doubles (
Korea Advanced Institute of Science and Technology - FIN - FIN508
Chapter 10 - Arbitrage Pricing Theory and Multifactor Models of Risk and ReturnCHAPTER 10: ARBITRAGE PRICING THEORY AND MULTIFACTOR MODELS OF RISK AND RETURNPROBLEM SETS 1. The revised estimate of the expected rate of return on the stock would be
Korea Advanced Institute of Science and Technology - FIN - FIN508
Chapter 11 - The Efficient Market HypothesisCHAPTER 11: THE EFFICIENT MARKET HYPOTHESISPROBLEM SETS 1. The correlation coefficient between stock returns for two non-overlapping periods should be zero. If not, one could use returns from one period
Korea Advanced Institute of Science and Technology - FIN - FIN504
APPENDIX A THE TIME VALUE OF MONEYEXERCISESEA1Time Periods (Years) Compound Interest Rates 5% 10% 15% 5 10 $150 1.62889 = $244.33 $150 2.59374 = $389.06 $150 4.04556 = $606.83 15 $150 2.07893 = $311.84 $150 4.17725 = $626.59 $150 8.13706 = $
Korea Advanced Institute of Science and Technology - FIN - FIN504
APPENDIX B QUALITY OF EARNINGS CASES: A COMPREHENSIVE REVIEWCASE 1: LIBERTY MANUFACTURINGThe analysis that can be done on Liberty is limited because there is no access to macroeconomic information, industry data, or the companys financial statement
Korea Advanced Institute of Science and Technology - FIN - FIN504
CHAPTER 1 FINANCIAL ACCOUNTING AND ITS ECONOMIC CONTEXTISSUES FOR DISCUSSIONID11Security analysts and stockholders: These users would use financial statements to try to estimate the future earnings and cash flow potential of the company, which wou
Korea Advanced Institute of Science and Technology - FIN - FIN504
CHAPTER 2 THE FINANCIAL STATEMENTSBRIEF EXERCISESBE212000 2002 Beginning Retained Earnings $13.5 2003 Ending Retained Earnings $16.0+ +2003 Revenues $27 X =2003 Expenses $23.4 $1.1 2003 Dividends X= =2003 Dividends as a percentage
Korea Advanced Institute of Science and Technology - FIN - FIN504
CHAPTER 3 THE MEASUREMENT FUNDAMENTALS OF FINANCIAL ACCOUNTINGBRIEF EXERCISEBE311. 2. 3. 4. 5. Fiscal period Economic entity Conservatism Consistency Revenue recognition 6. 7. 8. 9. 10. Materiality Matching Objectivity Objectivity Stable dollarE
Korea Advanced Institute of Science and Technology - FIN - FIN504
CHAPTER 4 THE MECHANICS OF FINANCIAL ACCOUNTINGBRIEF EXERCISESBE41Transaction Stockholders Equity Assets = Liabilities +Paid $3,656 to purchase + 3,656 property, plant and equip. - 3,656 Issued common stock 967 for $967 Recorded depreciation -4
Korea Advanced Institute of Science and Technology - FIN - FIN504
CHAPTER 5 USING FINANCIAL STATEMENT INFORMATIONBRIEF EXERCISEBE51Coke Pepsi (a) ROE = Net Income/Average Stockholders Equity 33.6% 33.3% ROA = (Net Income +[Interest Expense (1-Tax Rate)])/ Average Total Assets 17.3% 15.1% Common Equity Leverage =
Korea Advanced Institute of Science and Technology - FIN - FIN504
CHAPTER 6 THE CURRENT ASSET CLASSIFICATION, CASH, AND ACCOUNTS RECEIVABLEBRIEF EXERCISESBE61a. Total Accounts Receivable Uncollectibles 2003 Total Accounts Receivable = 2003 Total Accounts Receivable = = Net Receivables + + $82 Allowance for$2,6
Korea Advanced Institute of Science and Technology - FIN - FIN504
CHAPTER 7 MERCHANDISE INVENTORYBRIEF EXERCISESBE71The inventory purchases made by Hewlett-Packard during 2003 can be calculated as follows: Ending inventory $ 6.1 billion + Cost of goods sold 43.7 Goods available for sale $49.8 Beginning inventor
Korea Advanced Institute of Science and Technology - FIN - FIN504
CHAPTER 8 INVESTMENTS IN EQUITY SECURITIESBRIEF EXERCISESBE81a. Comprehensive income includes the change in value assets that have been sold and in certain assets that the company has not sold. Net income only includes the changes in assets that h
Korea Advanced Institute of Science and Technology - FIN - FIN504
CHAPTER 9 LONG-LIVED ASSETSBRIEF EXERCISESBE91BE92BE93EXERCISESE91E92Lot 1 Lot 2 Lot 3 Lot 4 E93ItemLandLand Improvements BuildingLand:Land Improvements:Depreciated land improvements. Building:Depreciated building.E9
Korea Advanced Institute of Science and Technology - FIN - FIN504
CHAPTER 10INTRODUCTION TO LIABILITIES: ECONOMIC CONSEQUENCES, CURRENT LIABILITIES, AND CONTINGENCIESBRIEF EXERCISESBE101a. Dividends declared during a year and the actual cash paid for dividends during the year may be different because dividends
Korea Advanced Institute of Science and Technology - FIN - FIN504
CHAPTER 11 LONG-TERM LIABILITIES: NOTES, BONDS, AND LEASESBRIEF EXERCISESBE111a. During 2003 Radio Shack paid down $20 million of the medium-term notes. At the same time during 2003 Radio Shack incurred a small amount of capital lease obligations.
Korea Advanced Institute of Science and Technology - FIN - FIN504
CHAPTER 12 STOCKHOLDERS' EQUITYBRIEF EXERCISESBE121a. 67.5% of net income was paid in dividends during the year ($293/$434). b. The issuance of common stock affected the basic accounting equation by increasing assets (cash) and increasing stockhol
Korea Advanced Institute of Science and Technology - FIN - FIN504
CHAPTER 13 THE COMPLETE INCOME STATEMENTBRIEF EXERCISESBE131To accurately compare a companys performance from one year to the next, nonrecurring items such as restructuring charges and gains on sale of assets should be excluded from results. An an
Korea Advanced Institute of Science and Technology - FIN - FIN504
CHAPTER 14 THE STATEMENT OF CASH FLOWSBRIEF EXERCISESBE141BE142million billion million millionBE143million billion million millionmillion million million millionBE144Agilent LucentEXERCISESE141E142Wrote off uncollectible account
Korea Advanced Institute of Science and Technology - FIN - FIN534
Chapter 1: Why Study Statistics?1Chapter 1: Why Study Statistics?1.1 Various answers. Typical responses include articles regarding the U.S. or global economy with measures of GDP, inflation, unemployment, taxes, budget deficits/surpluses, stock
Korea Advanced Institute of Science and Technology - FIN - FIN534
Chapter 2: Describing Data3Chapter 2: Describing Data2-1 a. b. c. d. Numerical discrete Numerical discrete Numerical discrete Categorical2.2a. Categorical data. The measurements levels are qualitative - ordinal. b. Categorical data. The m
Korea Advanced Institute of Science and Technology - FIN - FIN534
Chapter 3: Summarizing Descriptive Relationships25Chapter 3: Summarizing Descriptive Relationships3.1 Information on the scatter plot includes; direction & type of relation, strength, slope or rate of response and outliers:Tax Rate vs. % Comme
Korea Advanced Institute of Science and Technology - FIN - FIN534
Chapter 4: Probability45Chapter 4: Probability4.1. a. The complement of event A is that it will take 4 days or less before the machinery becomes operational. b. The intersection of A and B will be the event that it takes 5 days before the machin
Korea Advanced Institute of Science and Technology - FIN - FIN534
58Instructors Solutions Manual for Statistics for Business & Economics, 5th EditionChapter 5: Discrete Random Variables and Probability Distributions5.1 a. b. c. d. Discrete Discrete Discrete Discrete5-2Discrete5-3 Various answers includin
Korea Advanced Institute of Science and Technology - FIN - FIN534
84Instructors Solutions Manual for Statistics for Business & Economics, 5th EditionChapter 6: Continuous Random Variables and Probability Distributions6.1 a.Probability Density Function: f(x)1.5 f(x)1.00.50.0 0X1b.Cumulative dis
Korea Advanced Institute of Science and Technology - FIN - FIN534
98Instructors Solutions Manual for Statistics for Business & Economics, 5th EditionChapter 7: Sampling and Sampling Distributions7-1 a. Probability distribution for one die: Die outcome Probability 1 1/6 2 1/6 3 1/6 4 1/6 5 1/6 6 1/6 b. Sampling
Korea Advanced Institute of Science and Technology - FIN - FIN534
Chapter 8: Estimation113Chapter 8: Estimation8.1 a. An unbiased point estimator of the population mean is the sample mean: X i = 520.95 X= nN 100 Minimum 504.70 Mean 520.95 Maximum 544.80 Median 518.75 Q1 513.80 TrMean 520.52 Q3 527.28 StDev 9
Korea Advanced Institute of Science and Technology - FIN - FIN534
132Instructors Solutions Manual for Statistics for Business & Economics, 5th EditionChapter 9: Hypothesis Testing9.1 a. European perspective: H 0 : Genetically modified food stuffs are not safe : They are safe b. U.S. farmer perspective: H 0 : G
Korea Advanced Institute of Science and Technology - FIN - FIN534
Chapter 10: Simple Regression153Chapter 10: Simple Regression10.1 Let x = Project and y = Examination. n = 10, x = 767, X = 767 /10 = 76.7, x 2 = 59497 y = 786, Y = 786 /10 = 78.6, yr=260862 (10)(76.7)(78.6)= 62604, xy = 60862 =.77
Korea Advanced Institute of Science and Technology - FIN - FIN534
190Solutions Manual for Statistics for Business & Economics, 5th EditionChapter 11: Multiple Regression11.1 The estimated regression slope coefficients are interpreted as follows: b1 = .661: All else equal, an increase in the planes top speed by
Korea Advanced Institute of Science and Technology - FIN - FIN534
Chapter 12: Additional Topics in Regression Analysis247Chapter 12: Additional Topics in Regression Analysis12-1 Yi 0 1 X 1i 2 X 2i 3 X 3i 4 X 4i i where Yi = College GPA X1 = SAT score X2 = 1 for sophomore, 0 otherwise X3 = 1 for juni
Korea Advanced Institute of Science and Technology - FIN - FIN534
Nonparametric Statistics17Chapter 13: Nonparametric Statistics13-1 H 0 : = .5 (there is no preference for one stock over the other) H1 : .5 (otherwise) n = 11 For stock 2 and a two-sided test, P(2 X 9) = 2P(X 1) = 2[.0005 + .0054] = .0118 T
Korea Advanced Institute of Science and Technology - FIN - FIN534
26Instructors Solutions Manual for Statistics for Business & Economics, 5th EditionChapter 14: Goodness-of-Fit Tests and Contingency Tables14.1 H 0 : first preferences are evenly distributed across the three books. H1 : otherwiseMade Easy 17 0.
Korea Advanced Institute of Science and Technology - FIN - FIN534
Chapter 15: Analysis of Variance49Chapter 15: Analysis of Variance15.1 a. x1 = 62, x2 = 53, x3 = 52 n=16, SSW = 1028 + 1044 + 1536 = 3608 SSG = 7(62 56.0625)2 + 6(53 56.0625)2 + 6(52 56.0625)2 = 340.9375 SST = 3948.9375 b. Complete the anova
Korea Advanced Institute of Science and Technology - FIN - FIN534
72Instructors Solutions Manual for Statistics for Business & Economics, 5th EditionChapter 16: Introduction to Quality16-1 thru 5. Various answers. 16.6 a. = s / c4 = 5.42 / .959 = 5.6517 b. CL = X = 192.6 3 LCL = X A3 s , where A3 = = 192.6
Korea Advanced Institute of Science and Technology - FIN - FIN534
96Instructors Solutions Manual for Statistics for Business & Economics, 5th EditionChapter 17: Time Series Analysis and Forecasting17.1 Various answers. A price index of a market basket of goods and services could be compiled to measure how pric
Korea Advanced Institute of Science and Technology - FIN - FIN534
Chapter 18: Additional Topics in Sampling137Chapter 18: Additional Topics in Sampling18-1 through 5 Answers should refer to each of the steps outlined in Figure 18.1 Steps in a sampling study 18-6 through 8. Answers should deal with issues such
Korea Advanced Institute of Science and Technology - FIN - FIN534
Chapter 19: Statistical Decision Theory149Chapter 19: Statistical Decision Theory19-1 19-2 No, all actions are admissible D is dominated by C. Therefore, D is inadmissible.19-3 a. The Maximin criterion would select the Certificate of Deposit:
Korea Advanced Institute of Science and Technology - FIN - FIN534
Instructors Manual to Accompany FUNAMENTAL METHODS OF MATHEMATICAL ECONOMICS Fourth EditionAlpha C. Chiang and Kevin Wainwright September 2005Contents CONTENTS CHAPTER 2 Exercise 2.3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Korea Advanced Institute of Science and Technology - FIN - FIN534
CHAPTER 6 Exercise 6.2 1. (a) y 4(x + x)2 + 9 (4x2 + 9) = = 8x + 4x x x(b) dy/dx = f 0 (x) = 8x (c) f 0 (3) = 24 and f 0 (4) = 32 2. (a) y = 10x + 5x 4 x(b) dy/dx = 10x 4 (c) f 0 (2) = 16 3. (a) y = 5; a constant function. x f 0 (3) = 26(b)
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CHAPTER 11 Exercise 11.2 1. The derivatives are: fx = 2x + y, fy = x + 4y, fxx = 2, fyy = 4, and fxy = 1. The rst-order condition requires that 2x + y = 0 and x + 4y = 0. Thus we have x = y = 0 implying z = 3 (which is a minimum)2. The derivatives
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CHAPTER 15 Exercise 15.11. (a) With a = 4 and b = 12, we have yc = Ae4t , yp = The denite solution is y(t) = e4t + 3. (b) yc = Ae(2)t , yp =0 212 4= 3.The general solution isy(t) = Ae4t + 3. Setting t = 0, we get y(0) = A + 3, thus A = Y (