DQ1 Give examples from your employment history where you witnessed moral hazard in the workplace. What were the incentives that gave rise to moral hazard? Did the firm take steps to eliminate moral hazard?   DQ2 Begin by locating a scholarly article regarding the effects of increases on minimum wages and discuss its findings. Does […]

DQ1 Go to The Economist website and search for the Big Mac Index for a recent time period. Compare the Purchasing Power of the United States with another country. Try to choose a country with which you are not very familiar. What does this parity say about the potential standard of living in the country […]

DQ1 What is the difference between risk and uncertainty? Provide examples of what your organization has done, or not done, to deal with risk and uncertainty. How did those actions affect the firm once a contingency of risk or uncertainty materialized?   DQ2 How does the financial strength of an organization influence decision making and […]

Descriptive Statistics Conduct an analysis of your project data. Prepare the items below based on the data from two of the variables in the data collection instrument.   Determine the mean, median, and mode for each of the variables.   What is the variance for each set of data for each of the variables?   […]

DQ1 The order of play tends to matter in sequential games where rivals must predict best reply-responses and counter-responses in order to achieve a desired payoff. Discuss an instance in which you or your firm used game theory and explain why the relationship between the players was a strategic one. Did the use of a […]

Creating a Data Set Administer the data collection tool you created in the Topic 2 assignment. Using the data you collect, create an Excel table and complete the items below.   Create two frequency tables based on two separate questions from your survey.   Create a bar graph and a pie chart based on the […]

Complete the problems below from the textbook. You will need to use the “Lincolnville School District Bus Data” file for this assignment.  The file is located in the topic materials.   Chapter 1 – Problem 22   Chapter 2 – Problem 53   For problems requiring computations, please ensure that your Excel file includes the […]

Data Collection For the statistics project you are completing in this course, you will need to select a relevant topic that will allow you to gather both qualitative and quantitative data. You may gather data from a group of your choice using a data collection instrument (survey or data mining) that you design. Using the […]

DQ1 In ANOVA analysis, what is the real meaning of the term treatment? What does this really mean? Provide some examples of treatments from a business or managerial perspective.   DQ2 How many different tests does the textbook give you for applying the chi-square distribution? What are these tests? How could you use each of […]

DQ1 The U.S. government keeps statistics on many people in America. One interesting statistic is the poverty rate. To be living in poverty, one must earn income below a certain threshold (approximately $900 per month). Many multimillionaires are included in this statistic. Recently, Barbara Streisand was “living in poverty.” In a particular year, she did […]