How Economics Affects Business
I.
Define Economics
II.
Differentiate between free-market and planned economies
III.
Discuss tools that tell us if the economy is doing well
I.
II.
III.
Economics
A. The study of how scarce resources are used to produce need
Quiz Chapter 2
1 point each
1. In a frequency distribution, why do the classes have to be mutually exclusive?
In frequency distributions, classes have to be mutually exclusive because it is based off of qualitative data. Qualitative data is nonnumeric so
Chapter 1 is background info & not very substantive.
In all appropriate assignments & quizzes calculations must be shown to support your answers.
Betsy Nguyen May 29, 2016
Quiz Chapter 1
2 points each.
1. Describe, with examples, discrete vs. continuous v
Grade:
Quiz Chapter 4
1 point each
1. Homer's IQ is in the 5th percentile; what exactly does that mean?
This means that since Homer is in the 5th percentile, there are 5% of people who are in the same or lower range than Homer. Same as saying there are 95
Betsy Nguyen
Quiz Chapter 3
1 point each
1. Explain standard deviation in plain language. [The + square root of the variance is incorrect.]
Standard deviation is a formula where we can determine how far apart numbers are. This starts from where the averag
Running head: EMOTIONAL INTELLIGENCE
1
Assignment One:
BUS 520 Leadership and Organizational Behavior
Note: This assignment is submitted on October 28, 2015 to Professor in fulfillment of a
requirement for successful course completion.
EMOTIONAL INTELLIGE
Quiz Chapter 9
1 point each
The calculations are done using Excel commands.
1. If xbar = 50, n = 49 & = 7 find the 95% Margin of Error for .
50
1.96
48.04
51.96
2. In a distribution of fingernail length where n= 196, = 7 & x bar = .75, compute a 92% Inte
Chapter 10 is an important chapter & sort of a capstone in the application of inferential statistics using the normal distribution.
Quiz Chapter 10
1 point each
What follows is an example of how these problems should be done:
In The Wizard of Oz, the wick
Quiz Chapter 7
1 point each
I use the z-table linked to my homepage as z Table Lind
NOTE: You may assume a normal distribution, unlless there is contrary information, such as "unknown distribution".
1. Explain what a z-score is.
A z-score is how far away
Quiz Chapter 8
1 point each
I use the z-table linked to my homepage as z Table Lind
1. Explain what a sampling distribution is.
A sampling distribution describes probabilities associated with a statistic when a random sample is drawn from a population.
2.
Quiz Chapter 2
1 point each
1. In a frequency distribution, why do the classes have to be mutually exclusive?
Classes must be mutally exclusive so that they do not overlap, meaning any particular item cannot be used in more than one category.
2. Why is a
Quiz Chapter 3
1 point each
1. Explain standard deviation in plain language. [The + square root of the variance is incorrect.]
Standard deviation is a measurement of the space between a set of numbers and a mean.
2. Coca Cola of Baltimore owns 76 delivery
Quiz Chapter 6
1 point each
Note: when using Greek letter symbols, like , , or others, I expect you to use the Insert Symbol command & insert the appropriate Greek letter.
1. What is the key characteristic of the binomial distribution?
The binomial probab
Grade:
Quiz Chapter 4
1 point each
1. Homer's IQ is in the 5th percentile; what exactly does that mean?
It means that 5 percent of people have an IQ equal to or lower than Homer, while 95 percent of people have a higher IQ.
2. If Homer's IQ is in the 5th
Chapter 1 is background info & not very substantive.
In all appropriate assignments & quizzes calculations must be shown to support your answers.
Quiz Chapter 1
2 points each.
1. Describe, with examples, discrete vs. continuous variables.
Discrete variabl
Rios 1
MEMO
TO: Professor Montgomery
FROM: Junior Rios
DATE: 12 November 2014
SUBJECT: CVS Branch Stores
At many CVS branch stores, one expects to find these useful services.
CVS has its Headquarters in Woonsocket, RI.
Prescription Management Manage all
Rios 1
Guadalupe Rios Perez
Introduction to Business BUS-100
Summary Paper
Instructor: Professor Montgomery
December 17, 2014
Rios 2
Based on what I have learned in this course I have sketched an outline for my
future. After DCCC, I want to own my busines
MEMO
TO: Kristina Anderson
FROM: Guadalupe Rios
DATE: 28 September 2014
SUBJECT: Amazon.com Competition
CEO Jeff Bezos's strategy has been to forgo profits and endure slim margins while
prioritizing expansion and customer experience. Amazon ruthlessly snu
Rios 1
MEMO
TO: Professor Montgomery
FROM: Guadalupe Rios Perez
DATE: 16 September 2014
SUBJECT: Buffett sells off huge mistake Tesco
Warren Buffett, the legendary investor and chairman and chief executive of
Berkshire Hathaway, has cut the companys stake
NEGLIGENCE
I DIDNT MEAN IT
IT WAS AN ACCIDENT
BUT ITS STILL YOUR FAULT
ELEMENTS
Legal duty of care
Breach
Caused (both factually and proximately)
Harm
LEGAL DUTY OF CARE
Duty of Care
General Rule: ORP under the circumstances
Imposed by Law Because
Signi
Federalism
Video Clip Devolution of Power and
Welfare Reform
Welfare Reform Act of 1996
Devolution: The current effort to scale
back the size and activities of the national
government and to shift responsibility for a
wide range of domestic programs from
PRODUCT LIABILITY
REMEDIESFORDEFECTIVE
PRODUCTS
LIABILITY FOR HARM CAUSED
BY DEFECTIVE PRODUCTS
Manufacturer
Seller
Consumer, User or Bystander
CHOICE OF THEORIES
NEGLIGENCE
Manufacturerfailedtousereasonablecarein
makingproduct
STRICTLIABILITY
Recoveryw