Midwest Airlines has had an 80 on time departure rate. A random sam.pdf

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Midwest Airlines has had an 80% on time departure rate. A random sample of 20 flights is selected. Find the probability that a. exactly 15 flights depart on time in the sample. b. at least 17 flights depart on time in the sample. c. less than 11 flights depart on time in the sample. Solution binomial with n = 20 and p = 0.8 a ) P(X = 15) = 0.17455952155688 b ) P(X>=17) = 0.411448861956569 c ) P(X < 11) = 0.00259482740067484.

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Most U.S. and some European airlines now impose additional charges for everything but a seat on the flight. Specific seat selection, baggage, beverages, and nearly every amenity that was once included in the ticket price is now a source of “ancillary” airline revenues. Discuss whether this trend is beneficial or detrimental to passengers. Solution earlier the air ticket included the ancillary costs as overhead in the ticket cost. Noe they are charged separately. In general view it is detrimental to the passengers as it increases the cost od air travel as a whole. But if we see another angle, all these services are not used or equally used by all passengers. So , earlier the average cost of these services were shared among all passengers whether they use it or not. Now the passenger is spening only the airfare as basic minimum ticket cost. The anicillary services are paid as one uses it. So it is more equitable charge for the services consumed. The passengers not using the services are not getiing burdened by the cost of services consumed by other passengers. Therefore in a broader way this is beneficial to the passengers as a more accurate reflection of the cost of service consumed..

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Morrison claims that the building of the Middlesex Canal can be seen in one of two ways: (1) \"a continual and almost systematic botching of a very simple process\"; or (2) \"as an exercise rather more remarkable than [landing a man on the moon]\" (Page 29). Which interpretation do you consider more accurate, and why? Use three examples to explain your argument. Morrison claims that the building of the Middlesex Canal can be seen in one of two ways: (1) \"a continual and almost systematic botching of a very simple process\"; or (2) \"as an exercise rather more remarkable than [landing a man on the moon]\" (Page 29). Which interpretation do you consider more accurate, and why? Use three examples to explain your argument. Morrison claims that the building of the Middlesex Canal can be seen in one of two ways: (1) \"a continual and almost systematic botching of a very simple process\"; or (2) \"as an exercise rather more remarkable than [landing a man on the moon]\" (Page 29). Which interpretation do you consider more accurate, and why? Use three examples to explain your argument. Solution Let us divide the conditions in two parts : The consideration of Building of the middlesex should be considered remarkable as it isbotching of very simple process in order to bulding to be build above are the exmaples that explain it argument.Remarkable events.Continual and Almost Systematic botching of simple processLanding on moonThe building of middlesxCarryout nuclear testGenerating electricity from hydro powerplantMars mission.Working of Web.

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Michelle used a sample of 50 U.S. cities to estimate the relationship between crime, or annual property crimes per 100,000 persons, and income, or median income per capita. Her estimated regression equation was crime = 428 - .01 income. Assuming her model is statistically significant, if income decreases by $1,000, we would predict that crime will? A. decrease by 1 B. increase by 10 C. decrease by 10 D. increase by 100 Solution We multiply the slope coefficient by the change in income: -.01(1000) = 10 Crime will decrease by 10..

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Monique, Nelson, Olivia, Patrick, Queenie, Rosa, Sharim, Theo, and Una plan to set out in teams of three to canvass a neighborhood for a polling organization. They intend to repeat this procedure for a total of four consecutive days (counting the first). They wish to arrange the teams so that no two people will be in the same threesome on more than one day. Can you help them? Solution Monique = A Nelson = B Olivia = C Patrick = D Queenie = E Rosa = F Sharim = G Theo = H Una = I Day 1: Group I = ABC, Group II = DEF, Group II = GHI Day 2: Group I = AFG, Group II = BDH, Group III = CEI Day 3: Group I = AEH, Group II = BFI, Group III = CDG Day 4: Group I = ADI, Group II = BEG, Group III = CFH.

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Monte inherited 1,000 shares of Corporation Zero stock from his father who died on March 4 of the current year. His father paid $30 per share for the stock on September 2, 2005. The FMV of the stock on the date of death was $50 per share. On September 4 this year, the FMV of the stock was $55 per share. The executor did not elect the alternate valuation date. Monte sold the stock for $65 per share on December 3. What is the amount and nature of any gain or loss? Solution.

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Monetary Inflation harms the poor.True or False.SolutionHi.pdf

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Module 3 – Case UTILITY ETHICS Background In the Module 3 Case, we will use the Utility Test to inform our understanding of the Enron case study. Required Reading Visit the library, and locate the following article: Madsen, S., & Vance, C. (2009). Unlearned lessons from the past: An insider’s view of Enron’s downfall. Corporate Governance, 9(2), 216-227. Retrieved from ProQuest. Optional Resources The following additional readings may also be helpful to you as you consider the Case: Chandra, G. (2003). The Enron implosion and its lessons. Journal of Management Research, 3(2), 98-111. Retrieved from ProQuest. Free, C., Macintosh, N., & Stein, M. (2007). Management controls: The organizational fraud triangle of leadership, culture and control in Enron. Ivey Business Journal Online. Retrieved from ProQuest. Sims, R. R., & Brinkmann, J. (2003). Enron ethics (or: culture matters more than codes). Journal of Business Ethics, 45(3), 243-256. Retrieved from ProQuest. Assignment In a well-written, 4- to 5-page paper, apply the Utility Test to the Enron case study. Keys to the Assignment 1. Choose an ethical issue raised by the Enron case study – e.g., Enron’s accounting fraud, the company’s reward systems, its use of “special purpose entities,” or Enron’s “deal making” culture. 2. Apply the Utility Test: http://ethicsops.com/UtilityTest.php 3. Be sure that you follow each step of the Utility Test (use a separate section heading for discussion of each step of the test): A. Introduce the test. B. Briefly discuss why utility ethics is a valid way of deciding right and wrong. C. Apply the tes Step 1: Identify the alternative actions that are possible and the persons and groups (the stakeholders) who will be affected by these actions. Step 2: For each of the most promising alternatives, determine the benefits and costs to each person or group affected. Step 3: Select the action in the current situation that produces the greatest benefits over costs for all affected. Step 4: Discuss what would happen if the action were a policy for all similar situations. D. Draw a conclusion. If the same action is selected in Steps 3 & 4, then the action is an ethical one. If different actions are selected, decide whether the individual action will produce the greatest good and the least harm, for all affected, over the long term. 4. Be sure to use at least two sources from the library to support your discussion and analysis (choose sources that are not included in the Background section of Module 3). Follow the guidelines in The Student Guide to Writing a High Quality Academic Paper. You are expected to demonstrate evidence of critical thinking – as defined in the background materials and the grading rubric. Assignment Expectations Your paper will be evaluated using the grading rubric. Privacy Policy | Contact Unlearned lessons from the past: an insider’s view of Enron’s downfall Susan Madsen and Charles Vance Abstract Purpose – The purpose of this paper is to capture an .

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Michael is approached by a man carrying two boxes. The stranger tells Michael to pick a box and take the money inside the box. The stranger further tells Michael that the probability of the box he didn\'t open containing twice as much money is 1=2. What is the expected amount of money in the other Box? What is paradoxical about this? Solution Let the total amount be X Michael has to choose only one box out of two So the probability of choosing a box is 1/2. Now since the probability of having twice the amount in the box he didn\'t picked up is 1/2 so the expection or the expected value = E(2x) = 2x* P(2x).

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