Essay on Problem Set 2 - 961 Words

Problem Set #2 Ec 370 Summer, 2013 Michigan State University M. Naretta 1. Another popular sport on SASN is One-out, Two-base baseball. In this sport there are, obviously, two bases: home and 2nd. The batter hits the ball and runs to 2nd. If he or she (it’s a co-ed sport) gets a hit, then the batter is on second. If it’s an out, then the inning is over and the other team gets to bat. Suppose that it’s a hit. Then the next batter bats with a runner on 2nd base. If that batter makes an out, the inning is over. If that batter gets a hit, the run scores and the game and his or her team wins. The probability of getting a hit is 0.6. a. Draw the tree. b. Write an equation for the value of being the†¦show more content†¦The Chi-square test for the difference in means gives a p-value of 0.0379. What would you recommend for Larry? (No facetious comments.) Explain. He should drive more. With a p value of .0379 there is only a 3.79% variation in success which means since he is more successful at driving the basketball then that is what his strategy should be. b. Again analyzing his past data, Larry does a runs test. He finds the following results. Expected Number of Runs: 64.9; sd: 5.1064 z-value= 2.96274; His own data indicate 80 runs. What is he doing wrong? Explain. He is making too many changes from driving to jumpers and it is very significant with a z value of 2.96274 5. The diagram below shows the point value of having the ball on each yard line. It is taken from Romer’s â€Å"It’s fourth and two.† a. What is the value of having the ball on your own 30 yard line? _____1___ b. If you have the ball on your own 30 and gain 18 yards, how many points have you gained in expected value? _______1____ c. If you have the ball on the 30 and fumble, and your opponent recovers the ball at the same yard line, how many points have you lost in expected value?Show MoreRelatedproblem set 2959 Words   |  4 Pagesï » ¿PROBLEM SET 2 Name: ___________________________________ Problem Set 2 is to be completed by 11:59 p.m. (ET) on Monday of Module/Week 4. 1. The following table presents data for wages in the market for internet security professionals. (HINT: in the labor market the roles are reversed. Those who want to hire labor are the demanders. The workers enter the work force providing labor to the market place so they are the suppliers.) Wage Quantity Demanded Quantity supplied $50,000 20,000 14,000 $60Read MoreProblem Set 2788 Words   |  4 PagesRunning head: PROBLEM SET I Problem Set I â€Æ' Problem Set I 4-20 Juan’s Taco Company has restaurants in five college towns. Juan wants to expand into Austin and College Station and needs a bank loan to do this. Mr. Bryan, the banker, will finance construction if Juan can present an acceptable three-month financial plan for January through March. The following are actual and forecasted sales figures: Table 1 Actual November $120,000 December 140,000 Forecast January $190,000 FebruaryRead MoreProblem Set 2 Essay923 Words   |  4 Pagesï » ¿Problem Set 2 Name: __________________________________________ Problem Set 2 is to be completed by 11:59 p.m. (ET) on Monday of Module/Week 4. 1. The following table presents data for wages in the market for internet security professionals. (HINT: in the labor market the roles are reversed. Those who want to hire labor are the demanders. The workers enter the work force providing labor to the market place so they are the suppliers.) Wage Quantity Demanded Quantity Supplied $50,000 Read MoreProblem Set 2 With Answers1201 Words   |  5 PagesFIN532M: Financial Derivatives Problem Set 2 DUE DATE: Feb. 12, 2015 1. How can you differentiate the forward price from the value of a forward contract? (2 points) 2. Explain why an FRA can be viewed as an exchange of a floating rate of interest for a fixed rate of interest payments and how you can use FRA in mitigating risks. (4 points) 3. The standard deviation of monthly changes in the spot price of live cattle is 1.2 cents per pound. The standard deviation of monthly changes in the futuresRead MoreProblem Set 2 Mba 5031122 Words   |  5 PagesProblem Set II Problem P9 Ââ€" 17: Jack Hammer FV (Table 1) at 11% discount rate 2.00 x .901 = $1.80 2.20 x .802 = $1.79 2.40 x .731 = $1.75 33.00 x .731 = $24.12 -------- $29.46 Problem P9 - 22: Alternative Present Values: Your rich godfather has offered you a choice of one of the three following alternatives: $10,000 now; $2,000 a year for eight years; or $24,000 at the end of eight years. Solution: (first alternative)Read MoreMba 503 Problem Set 21299 Words   |  6 PagesChapter 9, Problem 17 Jack Hammer invests in a stock that will pay dividends of $2.00 at the end of the first year; $2.20 at the end of the second year; and $2.40 at the end of the third year. Also, he believes that at the end of the third year he will be able to sell the stock for $33. What is the present value of all future benefits if a discount rate of 11 percent is applied? (Round all values to two places to the right of the decimal point.) Present value of a single amount PV = FV x PVIFRead MoreRSM332 Problem Set 2 Solutions1982 Words   |  8 PagesUNIVERSITY OF TORONTO Joseph L. Rotman School of Management RSM332 PROBLEM SET #2 SOLUTIONS 1. (a) Expected returns are: E[RA ] = 0.3 Ãâ€" 0.07 + 0.4 Ãâ€" 0.06 + 0.3 Ãâ€" (−0.08) = 0.021 = 2.1%, E[RB ] = 0.3 Ãâ€" 0.14 + 0.4 Ãâ€" (−0.04) + 0.3 Ãâ€" 0.08 = 0.05 = 5%. Variances are: 2 ÏÆ'A = 0.3 Ãâ€" (0.07)2 + 0.4 Ãâ€" (0.06)2 + 0.3 Ãâ€" (0.08)2 − (0.021)2 = 0.004389, 2 ÏÆ'B = 0.3 Ãâ€" (0.14)2 + 0.4 Ãâ€" (0.04)2 + 0.3 Ãâ€" (0.08)2 − (0.05)2 = 0.00594. Standard deviations are: √ 0.004389 = 6.625%, ÏÆ'A = √ 0.00594 =Read MoreLocation Convenience Is An Important Factor When Customers Select A Financial Institution2500 Words   |  10 Pagesimportant factor when customers select a financial institution (see Mylonakis et al. 1998; Driscoll 1999). A customer may find a bank convenient if it has a branch or an Automated Teller Machine (ATM) near his / her residence or workplace, say within 2 Km1. To stay competitive, banks usually attempt to increase convenience (be as close as possible to customers) by expanding their bank and / or ATM networks. Basically, such expansions could be done in at least two ways (see Birkin et al 2002a): by buildingRead MoreThe Critical Thinking Assignment For Module One841 Words   |  4 Pages CT #1 Option #2: Sets #2 The Critical Thinking assignment for Module One, Option Two, is a series of five questions pertaining to Set Theory and Venn diagrams. In short, Set Theory is the notion in which items (e.g., numbers, colors, people), referred to in mathematics as â€Å"elements† can be grouped into â€Å"sets† in order to organize and understand elements (Jech, 1971). In relation, Venn diagrams are circular illustrations utilized to visually express relationships between sets (Grà ¼nbaum, 1975). ItRead MoreComparision Of P Self Protection Problem Algorithms For Static Wireless Sensor Networks1348 Words   |  6 PagesComparision of p-self Protection Problem Algorithms for Static Wireless Sensor Networks Nikitha Gullapalli Graduate Student, Dept. of Computer Science and Engineering, University of South Florida nikitha@mail.usf.edu Abstract — Wireless sensor networks are being widely used in many surveillance applications. Since sensor nodes are a critical part of sensor networks, certain level of protection needs to be provided to them. The self-protection problem focuses on using sensor nodes to provide

Ancient Chinese Philosophy Tao Te Ching Essay Example For Students

Ancient Chinese Philosophy: Tao Te Ching Essay TAO TE CHING?The Ancient Masters were profound and subtle. Their wisdom was unfathomable. There is no way to describe it; all we can describe is their appearance.The best athlete wants his opponent at his best. The best general enters the mind of his enemy. The best businessman serves the communal food. The best leader follows the will of the people .?The teachings from the book, Tao Te Ching helped influence both the social and moral aspects of the Chinese way of life. The teachings have provided hope, and inspiration for the Chinese people. In ancient China, the people were self-providing farmers who lived exclusively off the land. They rarely took the time to intermingle with their neighbors, and the family stood independently. The people had little knowledge about the outside world and had no desire to learn. Far travel was avoided at all costs, due to the strong attachment to ones own home. The people believed that, ?No man could be full grown without his roots in his home .? The people referred to their homes as ?tien, yuan, lu mo?, which meant fields, gardens, houses, graves. The Chinese thought that the causes of crime were soldiers and wanderers. They were considered evil beings for venturing away from they home. The people believed that all things, living and un-living, had spirits in them. They felt that the spirits if disturbed, could drastically affect ones life. They used amulets, spells, prayers, incantations, and special rites to ward of misfortune. This is a direction to a later Lao Tzus teaching stating, ?Practice not-doing, and everything will fall into place .? The home did not limit its members to the current living members; the dead and the future were also considered family. Around 650BC, during the Chou Dynasty, the value of knowledge changed. Although communication between towns was still difficult, many Sages were in desire of knowledge. Some of the most well known sages were; Mencius, Mo Tzu, Confucius, and Lao Tzu, the author of Tao Te Ching. Confucius wrote about the problems of man, and proposed many solutions. He also wrote about authority and respect, and proposed ?submissiveness.? His works helped influence the way that government was run, and Confucius actively participated in government. His teachings were present in the Chinese government for many years, until the belief in Tao. A sage named Lao Tzu created the Tao religion. Very little is known about Lao Tzu. Even the meaning of his name is a mystery; ?the Old Master? or ?the Old Boy The only thing we do know about Lao Tzu is that he wrote the book, TAO TE CHING, and created a thought revolution. His reference to the eternal force he called Tao, gave people inspiration, and a new method of thinking. Lao Tzu described Tao as,?The Tao that can be told is not the eternal Tao. The name that can be named is not the eternal Name. The unnamable is the eternally real. Naming is the origin of all particular things. Free from desire, you realize mystery. Caught in desire, you see only the manifestations. Yet mystery and manifestations arise from the same source. Darkness within darkness. The gateway to all understanding. ?and later went on to say,?The Tao is infinite, eternal. Why is it eternal? It was never born; thus it can never die. Why is it infinite? It has no desires for itself; thus it is present for all bein gs. ?Taoism believed in little governmental interference. This is best described through the belief that, ?the meek would inherit the earth. ?. Another example would be from the passage by Lao Tzu stating, ?Throw away holiness and wisdom, and the people will be a hundred time happier. Throw away morality and justice, and the people will do the right thing. Throw away industry and profit, and there wont be any thieves. ?Taoism is most described as that which is striving for equality. The thought of remaining in the middle, is the general belief in Taoism. . The creation of Yin and Yang derived from the belief of Tao. Tao is not only tangible things, but also what cannot be comprehended. What cannot be seen is also know as the ultimate principle or truth. .u894d3cd049a73104f05ffd7b42997792 , .u894d3cd049a73104f05ffd7b42997792 .postImageUrl , .u894d3cd049a73104f05ffd7b42997792 .centered-text-area { min-height: 80px; position: relative; } .u894d3cd049a73104f05ffd7b42997792 , .u894d3cd049a73104f05ffd7b42997792:hover , .u894d3cd049a73104f05ffd7b42997792:visited , .u894d3cd049a73104f05ffd7b42997792:active { border:0!important; } .u894d3cd049a73104f05ffd7b42997792 .clearfix:after { content: ""; display: table; clear: both; } .u894d3cd049a73104f05ffd7b42997792 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u894d3cd049a73104f05ffd7b42997792:active , .u894d3cd049a73104f05ffd7b42997792:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u894d3cd049a73104f05ffd7b42997792 .centered-text-area { width: 100%; position: relative ; } .u894d3cd049a73104f05ffd7b42997792 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u894d3cd049a73104f05ffd7b42997792 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u894d3cd049a73104f05ffd7b42997792 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u894d3cd049a73104f05ffd7b42997792:hover .ctaButton { background-color: #34495E!important; } .u894d3cd049a73104f05ffd7b42997792 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u894d3cd049a73104f05ffd7b42997792 .u894d3cd049a73104f05ffd7b42997792-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u894d3cd049a73104f05ffd7b42997792:after { content: ""; display: block; clear: both; } READ: Larry Flint EssayTao proposed a new thought pattern for the Chinese people. The people now realized that they need each other. ?Being and non-being create each other. Difficult and easy support each other. Long and short define each other. High and low depend on each other. Before and after follow on each other. ?The tradition family values were modified to a lesser dependence upon the home. Tao also provided a direction for which the Chinese people could follow, and achieve happiness. The direction that Lao Tzu prescribed was to maintain a neutral area. His expressed this belief when he wrote the following;?The Tao doesnt take sides; it gives birth to both good and evil. The Master doesnt take sides; she welcomes both saints and sinners. The Tao is like a bellows; it is empty yet infinitely capable. The more you use it, the more it produces. The more you talk of it, the less you understand. Hold onto the center. ?During the Han Dynasty, they attempted to blend the Taoism and Confusism. Although this dynasty was one of the most successful of all of Chinese history, this blend turned into a complete failure. Confusism implied that the ?old ways? were only old ways. The idea that the new way was the right (only) way caused all of the ancient books to be burned. The possessors of these books were severely punished. Another outcome was the creation of the Great Wall. This wall was created to protect from attack from neighboring Barbarians, but this also sheltered the Chinese people from outside knowledge. Now Taoism was held exclusively to China. This allowed this belief to be pondered and modified. This helped to create Buddhism. Buddhism also is a more optimistic religion, compared to Confusism. Buddhism is now the most popular religion (based on percentage compared to population) in Asia. It is no longer in just China, it has since spread to India, and the Americas. In conclusion, the teachings from Tao Te Ching changed the way that the Chinese think. The idea of expanding ones knowledge was partially due to the creation of Taoism. Now the belief of equality is an issue that many areas are facing, such as the Americas, and African countries. Bibliography1. Fairservis, Walter A. Jr., BEFORE THE BUDDHA CAME, New York, New York, Charles Scribners Sons, 1972, pp. 7-64. 2. Lao Tzu, TAO TE CHING, Edited and Translated by Stephen Mitchell, New York, New York, HarperColilins Publishers, Inc., 19883. Yutang, Lin,: THE CHINESE WAY OF LIFE, Cleveland, Ohio, The World Publishing Company, 1959, pp. 82-123.