Analysis Of The Poem The Dead By James Joyce - 1280 Words

Tormented by the devastation wrought by World War I, individuals across the world struggled to communicate their experiences, thoughts, and sorrows in their fragmented societies. Authors such as James Joyce, T.S. Elliot, and Virginia Wolfe gave voice to these individuals through their implementation of a stream of consciousness writing style that became a key feature in the modernist literary movement. In his short story â€Å"The Dead†, the final tale in his collection Dubliners, James Joyce represents the struggles of a well-respected figure whose depression and low self-esteem causes him to agonize over an annual speech he gives and interferes with his ability to communicate his desires to his wife. Similarly, in his poem, â€Å"The Love Song of J. Alfred Prufrock,† T.S. Elliot illustrates how the anxiety a man faces over how he will be interpreted by others impedes on his desire to communicate. Likewise, in her novel Mrs. Dalloway, Virginia Wolfe’s depiction of the anguish war veterans’ suffering from post-traumatic stress disorder (PTSD) deal with in their ardent desire to communicate exposes the darkest ramifications of the war. These authors in modernist literature demonstrate the inhibiting effects of mental illnesses on an individual’s ability to communicate, resulting in their societal alienation. In his characterization of Gabriel in â€Å"The Dead,† James Joyce illustrates the inner turmoil that an average, well-respected man with depression secretly suffers in his desireShow MoreRelatedA Far Cry from Africa: Divided Loyalties1682 Words   |  7 Pagesproducts of the economic and ideological determinants specific to that era. Literature reflects an authors own class or analysis of class relations, however piercing or shallow that analysis may be (Abrams 149). 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Fair-Value Accounting Accounting and Public Policy

Question: Discuss about the Fair-Value Accounting for Accounting and Public Policy. Answer: a) Accounting standards across the world, AASB included (Australian Accounting Standards Board) give two methods for recognising the value of an asset. One is the historical method and the other is the fair value method. Historical cost method involves recording the value of the asset at its historical cost or the price at which it was acquired whereas the fair value method involves revaluing the asset to its current market price at regular intervals obtaining the price from that of a similar and comparable asset. At the outset, fair value method looks the more superior method of valuing an asset, however there are issues which arise when a company values asserts according to this method. The first and the biggest issue is whether companies can employ discretion while valuing the assets at fair value.(Scott, 2010) A fair value of an asset should be devoid of any bias and that is what fair accounting aims for as well; to have the least discretionary values as recorded values of assets in the financial assets (Financial Accounting Standards Board) prescribes a three level hierarchy for the fair valuation of an asset. The main problem arises when a company or an auditor has to value an asset according to specifications. There is enough evidence in corporate history that fair value accounting can lead to dubious practises and mislead the users of the financial statements. One of the major exploiters of this method was the US behemoth Enron who misused it and reported the gain arising from revaluation as business gains thus misleading one and all about the financial health of the company. (Benston, 2006) Academic literature seems to be divided on their views regarding the benefits of fair value accounting. While there is no doubt that fair value is more relevant, the fact that it is not always reliable also cannot be overlooked. Hence it adoption leads to a trade-off where one has to choose one quality over the another.(Ramanna, 2013)So any company while adopting fair value needs to keep in mind that while assets valued at fair value would be more relevant but they arent necessarily reliable. (Ryan, 2008) As explained immediately in the paragraph above for the given scenario Karrick Gold and Copper Ltd(KGC) faces the same conundrum that every company would while deciding on whether or not to use the fair value accounting to value their plant property and equipment. Since it is not possible to determine the fair value of the plant, property and equipment reliably and the IAS 16.31 clearly states that the revaluation model should be used only if the fair value of the asset less depreciation and impairment can be measured reliably.(Deloitte, 2012) For their case, it must be opined there are so many uncertainties that loss of reliability must take precedence over increased relevance. b) We are given three different values of the plant property and equipment of KGC Ltd. One is the book value of the PPE which is recorded as 16.5 billion AUD. Now also given that valuation would be 12 billion AUD if it lasts for seven years and the value is expected to increase by 2.5 times to 30 billion UAD should the life exceeds by an additional 10 years. Further, the replacement cost is given as 20.5 billion AUD. From the following data the fair and true value of the financial assets is to be determined. The IAS 13 which is the standard and lays down the framework for valuing assets at fair value gives three methods or approaches while valuing assets at fair value. These three methods are the cost approach, the income approach and the valuation approach. For the given scenario cost approach would be the best fit and most suited. As per IAS 13 cost approach fair and true value would be the replacement cost i.e. 20.5 billion dollars. The standard prescribes that the fair value of a non-financial asset takes into account a market participants ability to gain economic gains from the highest and best possible use of the asset. In that sense one would estimate the fair value to be 30 billion but the standard also adds that the best possible use is subject to physical, legal and financial constraints. Since the legal aspects of KGC are not clear as there are lawsuits pending and there is uncertainty regarding its operations in every sense be it economic or political as deduced from the information given, based on the standard and the information in hand 30 billion dollars cannot be decided upon as the fair value. c) The triple bottom line accounting or 3BL as it is also called is a financial reporting approach which is gaining prominence in recent times. It can be called a new age approach to accounting which not only seeks to measure the financial performance of a company through conventional variables such as revenues. profits and earnings per share but also seeks to measure a companys performance across aspects other than profit. Sustainability in operations and social existence have been agreed upon by industry experts as key parameters that will define success of organisations in the new millennium. Hence the triple bottom line accounting measures three ps which are profit planet and people. It is aptly summed up as a concerted effort to incorporate social, economic and environmental considerations into a companys evaluation and its decision making processes. (Wang Lin, 2007) Review of financial performance and operations are what a company normally publishes in their annual reports but of late companies have taken to make their stake holders aware of the initiatives undertaken by them other than the prescribed operations. A lot of companies in fact publish sustainability reports other than their annual reports. For any company triple bottom line accounting comes with its share of pros and cons. And the same is applicable for KGC Ltd. as well. KGC can communicate to their stake holders by the means of their sustainability reports the initiatives they have undertaken and the positive impact their presence has had on the people living in the Star Mountains Range and the people employed with them. The given information clearly mentions that they are a major employer of the region as well as provide a lot of facilities like schools, clean drinking water and others which go a long way in improving the life of the local population. It is widely believed and proven as well that stake holders have a feeling of pride in being associated with a socially relevant and aware organisation. Even the employees have a sense of pride in being associated with a company who is doing good for the society. It raises the reputation of the organisation and there is enough academic research which corroborates that r eputation of a firm builds value. (Weber Shandwick, 2015) While their contribution to the lives of the inhabitants of the island is undeniable, the damage their presence is doing to the environment is also hard to cover up in spite of their claim that their presence in Star mountains does more good than harm to the inhabitants and the ecological system there. A typical sustainability report requires a company to report the environmental activities and investments they have undertaken in order to offset the harm from one of their primary activities. This especially is pertinent for oil and mining companies like KGC Ltd. The environmentalists are bound to be agitated by the environmental damage being done by KGC. The dumping of sludge into the pond which caused serious water and ground pollution and the asymmphetatic attitude of the manager after the occurrence are something which would be very difficult to cover up for KGC. Until this point while KGC was not performing on the planet front they were at least performing on the people front. However, what this spill did was cause harm to the people as well because the pond they polluted was the only water source for two villages for purposes such as farming, drinking and hunt. A different point of view of looking at things would be that adopting triple bottom line accounting would give KGC Ltd. an opportunity to communicate to these groups if they have under taken any initiatives to lessen the damage caused by them. In that sense triple bottom line accounting becomes a damage control mechanism. d) Legitimacy is how a company gains the approval of the various stake holder groups by acting in a manner which is accordance within some socially constructed system of norms, values, beliefs, and definitions.(Suchman, 1995) All the organisation are continuously striving for legitimacy in a bid to remain sustainable.(Tilling, 2010) Legitimacy theory has been discussed upon in academic research as the main driving force behind voluntary social disclosures. It is important here to address the question as to why the companies strive for legitimacy. It can be answered by the argument that every organisation needs to maintain legitimacy in the eyes of major stake holder groups in order to be competitive and survive since a legitimacy in the eyes of various stake holder groups ensures flow of capital, customers and labour availability all of which constitute what is a must for any organisation to sustain its operations. Just like for any company for KGC too maintaining legitimacy is essential and the Australian people, the land owners and the PNG government are the most important stake holder groups in whose eyes they would always want to maintain their legitimacy. Should any stake holder group withdraw their support it would become difficult for KGC to sustain its operations. e) Right now KGC is at a juncture where it faces legitimacy issues with the various stake holder groups. Because they are operating in an ecologically and socio politically sensitive environment they were always vulnerable to scrutiny from environmental groups and socially conscious investor groups but with the recent incident where their gross carelessness has led to tremendous damage to the environment and well-being of the people their legitimacy has come under further stress from all quarters. The legitimacy is essential for KGC in case of all stake holder groups particularly, the media as it is them who shape the reactions of other stake holder groups as well. The increased role of media in establishing the legitimacy of a firm has been acknowledged in the academic world.(Tilling, 2010) The dumping of ore waste or sludge into the waste has led to a hue and cry among the Australian people who now believe KGC to be environmentally un responsible. Should they lose legitimacy in the eyes of the Australian people they might not find the adequate funding required to sustain or expand their operations. If they lose legitimacy the socially conscious shareholders might start selling their stocks which might lead to loss in market capitalization and devaluation of the company since they are listed on the Australian Stock Exchange. There are several instances in corporate history where a company has had to lose share holder confidence when its less than desirable business practices came in the eye of shareholders. Should the land owners start considering the company as no longer legitimate they might reconsider the leasing of the land and would want to take back the land. The socio political environment within the region also need to be keep in context. It is mentioned that the police actions by the Indonesian army may spill into the PNG portion of the Star Mountain Range. In wake of such circumstances KGC would want protection from the PNG government which it might not have access should they further lose legitimacy in the eyes of the PNG Government. Hence as explained in the previous paragraphs for a company to attract resources necessary for its survival legitimacy is essential and if it does legitimacy, the survival becomes extremely difficult f) The dumping of the sludge has led to the loss of legitimacy of KGC in the eyes of the various stake holder groups which include the Australian people and the local land holders respectively. In the aftermath of the incident the irresponsible comments made by the manager of the mines came across as highly in sensitive and damaged the reputation and consequently the legitimacy even more so. For damage control KGC has to indulge in image restoration activities which would involve restoring image by use of symbols. When an organisation loses legitimacy they want to pacify shareholders through communication of messages or through actions in a bid to lessen their distrust for the company. The tone of these messages can have a tone which could range from apologetic to intimidatory. (Zaremba, 2014) For KCG the right way forward would be as described above and what tone they chose to communicate their message is highly critical. Communication would be such that it reflects the companies and the managements sincerity and remorse for their actions rather than of denial and indifference. In that sense the statement issued by their manager might have been a step in the right direction had it been different in its tone and approach. Instead what it did was to further the damage as the statements such as dilution is the solution to pollution and at sea the sludge will be highly diluted were considered insensitive and indifferent by the various stake holder groups and reflected quite the opposite of what it should have reflected. The correct way would be to issue a sincere apology and make sure that the stake holder groups are made aware of the initiatives being undertaken by the company to correct its mistakes. Stakeholder theory in its basic form suggests that a firm must seek to maximise profits and the welfare of the stock holder subject to social or moral constraints. (Freeman, 1998) Then there is a stake holder theory which stresses that a major objective of the firm [is] to attain the ability to balance conflicting demands of various stakeholders in the firm. (Laan, 2009) Whenever a company makes voluntary disclosures they are seen as mechanisms to gain legitimacy. As Laan (2009) rightly points out any organisation including KGC faces a paradox as to which stake holder group it places higher in its hierarchy of perceived importance. Here KGC can chose to manipulate what image they want to build based on which stake holder group they want to appease more. g) The cost that KGC might incur to clear the damages arising from the sludge spill is uncertain at this time. Subject to a pending lawsuit in an Australian court, damages can range from 6 billion to 60 billion AUD. Reporting for an environmental liability reporting is an area which is highly judgemental and comes with its share of pitfalls, traps and nuances.(PriceWaterhouse Coopers, 2014) One way through which KGC can record the cost of harm done through sludge spill is by recognising it as contingent liability and creating a provision for it. Since the range is very broad it would be better to take a value which is in between. The net effect on the financial statements would be that the decided upon value would be deducted from the income statement as an expense possibly under the head environmental damage account and will feature on the balance sheet under non-current liabilities as estimated liability. The second method through which KGC can record the cost of harm done is by ac tually spending the amount in the rehabilitation of the surrounding area without waiting on the verdict of the lawsuit and actually classifying the money spent as an operating expense.(Ernst and Young, 2010) Accounting for environmental damages as already explained is an area where company gets judged and hence KGC already under scrutiny must be careful in choosing the method which improves their image would be a better choice. From the companys profitability point of view, the first method is better as the company can wait for the verdict and instead chose to do do nothing, however that would further prove damaging to their already suffering reputation. The second method involves cash flow and would result in probable short term losses but would enhance companys reputation proving to be a damage control mechanism. As explained earlier it would be a positive image building exercise thereby enhancing their legitimacy as well which has already been established as essential for a companys survival. References Benston, G. J., 2006. Fair-value accounting: A cautionary tale. Journal of Accounting and Public Policy, Volume 25, pp. 465-484. Deloitte, 2012. IAS 16 Property, Plant and Equipment, s.l.: Deloitte. Freeman, R., 1998. Stakeholder Theory of the Modern Corporation, s.l.: s.n. Laan, S. V. D., 2009. The Role of Theory in Explaining Motivation for Corporate Social Disclosures: Voluntary Disclosures vs Solicited Disclosure. Australian Accounting Business and Finance Journal, 3(4). Ramanna, K., 2013. Why Fair Value Is the Rule. Harvard Business Review, March. Ryan, S. G., 2008. FAIR VALUE ACCOUNTING:UNDERSTANDING THE ISSUES RAISED BY THE CREDIT CRUNCH, s.l.: s.n. Scott, I. E., 2010. Fair Value Accounting: Friend or Foe?. William and Mary Business Law Review, 1(7). Suchman, M. C., 1995. Managing Legitimacy: Strategic and Institutional Approaches. Academy of Management Journal, 20(3), pp. 571-610. Tilling, M., 2010. Refinements to Legitimacy Theory in Social and Environmental Accounting, s.l.: s.n. Wang, L. Lin, L., 2007. A Methodology Framework for the Triple Bottome Line Accounting and Management of Industry Enterprises.. International Journal of Production Research, 45(5), pp. 1063-1088. Weber Shandwick, 2015. The CEO Reputation Premium: Gaining Advantage in the Engagement Era, s.l.: Weber Shandwick. Zaremba, A. J., 2014. Crisis Communication: Theory and Practice. s.l.:Routledge.

Research Paper Essays (724 words) - Language, Writing, Essay

Research Paper ESSAY OUTLINE FORM Main (Controlling) Idea of the essay: Three main points of argument (1)(2)(3) INTRODUCTION: [Introduction should start on a general level with lead-in statements and gradually focus in on the specific topic of the essay. In the introduction, the reader should find the main idea of the essay expressed in the thesis sentence. Also in the introduction, the reader should be able to tell what specific points about the main idea will be discussed and in what order they will be developed. The lead in statements could (1) make a striking assertion, (2) use a split anecdote ( a story that is begun in the introduction and is finished in the conclusion), (3) use an interesting detail, statistic, or quotation, or (4) ask a provocative question. The introduction should make the reader want to continue reading.] Lead-in statements: Thesis (which includes points of argument): BODY: [Each topic sentence should be a major point of argument which supports the thesis statement. Primary support sentences are general statements which support the topic sentence. The secondary support sentences (or concrete illustrations), which support the primary support sentences, provide specific details, quotes, statistics, or real-life examples.] Body Paragraph 1 (develops first point of argument): Topic sentence Primary Support: Secondary Support: Primary Support: Secondary Support: Primary Support: Secondary Support: Body Paragraph 2 (develops second point of argument): Topic sentence: Primary Support: Secondary Support: Primary Support: Secondary Support: Primary Support: Secondary Support: Body Paragraph 3 (develops third point of argument): Topic sentence: Primary Support: Secondary Support: Primary Support: Secondary Support: Primary Support: Secondary Support: CONCLUSION: [The concluding paragraph should include a general summary statement which recaps the thesis, a sentence which restates the major points of argument, and a wrap-up statement. The conclusion could also contain the end of a split anecdote which would finish the story begun in the introduction. The wrap-up statement could contain insights of the essay writer, encourage the reader to take action, emphasize the importance of one of the points of argument, or create a solid sense of finality.] General summary statement which recaps thesis: Recap major points of argument: Wrap-up statement (consequences and insights): Handouts Bibliography ESSAY OUTLINE FORM Main (Controlling) Idea of the essay: Three main points of argument (1)(2)(3) INTRODUCTION: [Introduction should start on a general level with lead-in statements and gradually focus in on the specific topic of the essay. In the introduction, the reader should find the main idea of the essay expressed in the thesis sentence. Also in the introduction, the reader should be able to tell what specific points about the main idea will be discussed and in what order they will be developed. The lead in statements could (1) make a striking assertion, (2) use a split anecdote ( a story that is begun in the introduction and is finished in the conclusion), (3) use an interesting detail, statistic, or quotation, or (4) ask a provocative question. The introduction should make the reader want to continue reading.] Lead-in statements: Thesis (which includes points of argument): BODY: [Each topic sentence should be a major point of argument which supports the thesis statement. Primary support sentences are general statements which support the topic sentence. The secondary support sentences (or concrete illustrations), which support the primary support sentences, provide specific details, quotes, statistics, or real-life examples.] Body Paragraph 1 (develops first point of argument): Topic sentence Primary Support: Secondary Support: Primary Support: Secondary Support: Primary Support: Secondary Support: Body Paragraph 2 (develops second point of argument): Topic sentence: Primary Support: Secondary Support: Primary Support: Secondary Support: Primary Support: Secondary Support: Body Paragraph 3 (develops third point of argument): Topic sentence: Primary Support: Secondary Support: Primary Support: Secondary Support: Primary Support: Secondary Support: CONCLUSION: [The concluding paragraph should include a general summary statement which recaps the thesis, a sentence which restates the major points of argument, and a wrap-up statement. The conclusion could also contain the end of a split anecdote which would finish the story begun in the introduction. The wrap-up statement could contain insights of the essay writer, encourage the reader to take action, emphasize the importance of one of the points of argument, or create a solid sense of finality.] General summary statement which recaps thesis: Recap major points of argument: Wrap-up statement (consequences and insights): Handouts

Eisenhower Administration essays

Eisenhower Administration essays What role did the Eisenhower administration play in Civil Rights? During the 1950s race relations in the United States began to explode and the domestic tranquility caused years of injustice for African Americans. Eisenhower, the current president, entered office committed to Civil Rights in principle, and he pushed the issue in areas of federal authority. During Eisenhowers early years of office the public services in Washington were desegregated. But, beyond these two ideas of the Presidents philosophy inhibited vigorous action in enforcing the principle of Civil Rights. The first was his preference for state or local action over federal involvement, and second his doubt that laws could change racial attitudes. One famous case during this time Brown vs. Board of Education. Chief Justice Earl Warren handed down the doctrine that separate but equal in schools has no place. A year later the Court directed a full start toward compliance with Warrens doctrine. Eisenhower refused to take any part in leading white southerners toward complianc e. He felt the Courts decision set back progress at least fifteen years. Despite the fact Eisenhower wanted no part in desegregating schools, he did push for blacks the right to vote. He passed the first Civil Rights law passed since the Reconstruction. But, the irony of the situation showed that still in 1959 the Civil Rights Act still had not added a single southern black to voting rolls. Another incident that occurred during Eisenhowers Civil Rights role was the desegregation in Little Rocks Central High School. The principal called the National Guard in to prevent nine black students from entering after the Civil Rights Act of 1957. Eisenhower ordered paratroopers to protect the students and placed the National Guard on federal service the entire school year. ...

Pros and Cons of Telecommuting

Pros and Cons of Telecommuting Pros and Cons of Telecommuting Pros and Cons of Telecommuting By Colin Telecommute (verb): to work from home, communicating with a central workplace using equipment such as telephones, fax machines, and modems. Telecommute; the word sounds as though it opposes the freedom that a freelance writing life should bring, and is therefore in no way desirable. But in an age when technology and e-commerce is being embraced by so many organisations, the word ‘telecommute’ has come to represent the key to a door of opportunity for freelance writers, more than any other word in the English dictionary before it. But like anything else in this world that sounds good, how much of that should be taken with a pinch of salt? Everything has a cost, so let’s take a look at the pros and cons, from a freelance writer’s perspective, of telecommuting. Pros Anywhere, Anytime Look at the word closely, and immediately you will begin to see what it has going for it. Tele – commute: the ability to â€Å"commute† anywhere in the world, without actually leaving the comfort of your own home. In other words, the world truly is your oyster. Being able to work for any company, anywhere in the world, opens up opportunities for freelance writers that were never dreamt of prior to the birth of the Internet. Effectively, it means that there are no longer any barriers to who can work for whom, and thanks to e-mail, communication between the employer and the employee is faster than it has ever been. Telecommuting cuts out the need for work permits, and gives employers a much wider scope to choose from, as they are no longer restricted geographically over whom they hire. Skill and talent alone, can once again be a major factor. Travel and the Environment Not owning a car – for whatever reason is no longer a barrier to being able to earn money. As a telecommuter, the only thing you need to get started is a PC, an Internet connection, a desk, a chair, and the motivation. If you are a believer in environmental causes, then telecommuting can allow you to earn while doing your bit for the environment. Global warming is a benefactor of telecommuting! Determine Your Own Schedule Freelance writing already allows you to determine your own working schedule. In the world of telecommuting, there is no such thing as 9 to 5. If you have a young family this can be of huge benefit, in that you can organise work around child care requirements, and shopping trips to purchase necessities. It’s also a huge benefit when dealing with companies on the other side of the world. For example, if a freelance writer in the U.K. gets contracted to a company in California, the time difference is negated because he can keep in touch through email. Cons Alienation Telecommuting means working from home can be as flexible as the freelance writer desires, but it also means the more jobs he gets from overseas, the more he can feel alienated on a much grander scale. We all know that writing is a solitary business, but when you are telecommuting on a global scale, the feeling that your home office is a small place to work is magnified to a much greater extent. It is therefore vital for all telecommuters to make sure they get plenty of vacation time and contact with the outside world. Sanity is a treasured commodity. Communication Dealing with clients in a telecommuting situation, also puts the freelance writer at risk of severe frustration if they are required to work with other writers on a project, especially if they are also spread around the world. Having no face to face contact with your client or team can often make the freelance writer feel vulnerable, because without the personal aspect, one mistake could be enough to see you dropped at the click of a button. Being on the other side of the planet to your client also means that although email is generally fast and reliable, there is always the scope that emails may be misinterpreted. For example, while you could read your brief in the wrong way and submit the wrong article, it also means your client may take something you say in entirely the wrong way, and end up being offended. Neither scenario is good if a long-term working relationship is at stake. Exchange Rates A freelance writer telecommuting for an overseas company that pays in a currency weaker than their home country, can be prone to feeling that money is being lost. For example, a freelance writer in the U.K. who earns $200 USD for a commissioned article, will receive around  £100 at the current exchange rate. It is therefore important to ensure you feel you are being paid fairly for the work you are required to submit. Technology Telecommuting means there is a heavy reliance placed on technology for all manners of things. These can range from merely keeping in touch with a client, to making submissions, look for work, and accepting payment. Suffer a PC crash or lose your interconnection, and you may as well be sitting on a raft in the middle of the Pacific Ocean. It is therefore vital that every telecommuter serious about their business, takes all precautions necessary to keep their PC and peripherals fully protected. The most vital things to remember are to have sufficient anti-virus protection software, good malware and adware scanning and removal software, a suitable firewall installation, and to take regular backups of all your data and software. It might also be a good measure to ensure your PC is regularly maintained, especially the hard drive, and that you never forget to pay your ISP bills. The decision to work in a telecommuting capacity can open doors to the most varied and exciting work a freelance writer can possibly imagine. Try it out; if you don’t like it, it costs nothing to stop – possibly the final pro of telecommuting. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Freelance Writing category, check our popular posts, or choose a related post below:20 Computer Terms You Should KnowThat vs. Which50 Tips on How to Write Good

Statistics Essay Example | Topics and Well Written Essays - 4750 words

Statistics - Essay Example According to basic probability we divide the figure of favourable outcomes by the total number of possible outcomes in our sample space. If we're observing for the chance it will rain, this will be the number of days in our record that it rained divided by the total number of similar days in our record. If our meteorologist has data for 100 days with similar weather conditions, and on 80 of these days it rained (a favourable outcome), the probability of rain on the next similar day is 80/100 or 80%. In view of the fact that a 50% probability means that an experience is as likely to happen as not, 80%, which is greater than 50%, means that it is more likely to rain than not. But what is the probability that it won't rain Keep in mind that because the favourable outcomes represent all the possible ways that an event can occur, the sum of the different probabilities must equal 1 or 100%, so 100% - 80% = 20%, and the probability that it won't rain is 20%. The following scatter plot with a fitted line shows that there is a positive relationship b/w selected 15 student's maths and science scores. ... represent all the possible ways that an event can occur, the sum of the different probabilities must equal 1 or 100%, so 100% - 80% = 20%, and the probability that it won't rain is 20%. 2. The table below gives the marks of 15 students in tests in 2 subjects: Students 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Maths 29 45 27 19 39 46 25 38 39 43 49 21 38 46 37 Science 36 42 31 26 42 41 25 41 40 40 43 23 39 45 38 a. Scatter graph of the maths and science scores with best fitted line The following scatter plot with a fitted line shows that there is a positive relationship b/w selected 15 student's maths and science scores. Part 2b will be the evidence to prove this hypothesis that student's math scores will be positively related to their science scores. Correlation coefficient (r = + 0.936) this magnitude shows that it's highly correlated and the positive sign shows that there is a positive correlation between the variables. So we conclude that as one variable increases other one will also increases. b. Comment on the position of the line of best fit and any correlation between the scores. Although one objective of correlation is a line fitted to the data, this line is not used to predict an unknown value of one variable when given a value of the other variable; it simply shows the relationship between the two variables. This best-fit line is the one that minimizes the sum of squared deviations between the points and the line, measured vertically (along the Y axis). The Bivariate Correlations procedure computes Pearson's correlation coefficient. Correlations measure how variables or rank orders are related. Before calculating a correlation coefficient, screen your data for outliers (which can cause misleading results) and evidence of a linear relationship. Pearson's

Emerging influences in the United States healthcare system Essay

Emerging influences in the United States healthcare system - Essay Example re organizations influence trends in service delivery since every other organization combines business strategies that help in the best performance of the institution (Bowden & Smits, 2012). This paper attempts to analyse to what extent workforce tsunami, Hospital Acquired Conditions policies and Malcolm Baldrige National Quality Award system influences current trends in the United States healthcare system. It is evident that there are a lot of skills that the old workers in America have accumulated over time; but in the next ten years or so, this story may hit the economical headlines and human interest. People talk about age as just being a number, but at the same time I think this saying should only work best during birthdays because aging as far as the American workforce is generally concerned is becoming an economic threat. This factor, generally referred to as the workforce tsunami, cuts across all businesses and workplaces, including the human healthcare facilities. These facilities invest so much in the old, trusting them for their long term experience without considering the fact that a time will come when most of these old employees will pass on. This occurrence will have the risk of greatly affecting the American workplaces and facilities in the healthcare system may lack workers for an unknown period before the right experts are obtained to replace the aging and perishing g eneration. This basically will have a potential detrimental impact on the lives of Americans, especially those in their sick beds during such an unfortunate occurrence (Laing eta al., 2009). Realistically and evidenced by statistical data, it is expected that about 10,000 baby boomers will continue turning to that age of sixty five years every year until we get to 2030. A more realist observation is that about a quarter of a million of all Americans find themselves celebrating sixty five years of age on monthly basis. Looking at these figures may not indicate a great impact, but the