Suppose we have an economy with three individuals, each with the following utility functions and budget constraints:
Person 1: u(X1, X2) = X10.25 * X20.75 subject to 4X1 + 2X2 = 50
Person 2: u(X1, X2) = X10.5 * X20.5 subject to 4X1 + 2X2 = 75
Person 3: u(X1, X2) = X10.75 * X20.25 subject to 4X1 + 2X2 = 100
- For each individual, graphically depict the utility maximizing allocation of X1 and X2.
- What is the total social welfare in this economy using a Utilitarian social welfare function?
Who is the worst-off person in this society?
- Suppose the government wants to increase social welfare and taxes the most well-off person $25 and redistributes that income to the worst-off person.
- Depict how the utility maximizing decision changes for each person in the economy under this scenario.
- Discuss the relative magnitudes of the income and/or substitution effects due to the policy.
iii. How has social welfare changed as a result of the policy?
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48024 Applications Programming Assignment 2
Topics: OO design, GUI, MVC, tables, lists Objectives: This assignment supports objectives 3 – 5 Due date: 11:59pm Wednesday 19th of October 2016 Weight: 20% 1. Individual work All work is individual. You may discuss ideas, approaches and problems, but you should write every line of code yourself except for code copied from the lecture notes, lecture code or lab code. More information about Academic Misconduct can be found at: http://www.gsu.uts.edu.au/rules/student/section-16.html 2. Skeleton code As a starting point for this assignment, you must use the skeleton code provided on PLATE (https://plate.it.uts.edu.au/) under Assessments / Assignment 2 / Skeleton Code. Included in the skeleton code is a text file called progress.txt which must be filled in by you as you progress through the assignment (see “PLATE marking” and “Submission and Return” below). 3. Expected workload The time to do the assignment to a distinction level (i.e. a mark between 75% to 84%) has been estimated at 15-20 hours for a student of average ability who has completed all the tutorial and lab exercises. 4. Specification The lift system that you created in Assignment 1 has been very well received by the client, and they have requested that you develop a graphical user interface for the system.
The following subsections specify the required functionality of the new system.
Building window (35%)
When the application is launched, the “Building” window appears showing a list of lifts, and some buttons to control and monitor the system. The lift operation works similarly to Assignment 1 via the operate() procedure except that the operate() procedure is automatically called by the system at a default rate of once every second. Below the buttons is a slider to change how many seconds to wait between each operate() call. To the right of the slider is a time display that indicates how many operate() calls have happened so far and reflects the “time” property inside the Building class. This time display updates in real time using the observer pattern. The buttons work as follows:
● The “Call Lift” button opens the “Call Lift” window (see below) ● The “View Lift” button opens the “Lift” window (see below). Note that the “View Lift” button is enabled only when a lift is selected in the list. ● The “People” button opens the “People” window (see below) ● The “Exit” button will stop the automatic operation of the lift, and then close this window.
For this assignment, you need to get the buttons working in this order: first, get the “Exit” button working, then the “View Lift” button, then the “Call Lift” button, then finally the “People” button. That also means that you need to get the “Lift” window working first before working on the “Call Lift” window, and then finally you can develop the “People” window.
Note: when opening any new window, the main “Building” window should still be open in the background.
Lift window (30%)
The “Lift” window shows the number, current level, bottom level, top level, current direction, passenger list and queue list of the selected lift. The direction should be either “UP”, “DOWN” or “–” (for stationary). Alternatively, show the direction as 1, -1 or 0 but for fewer marks (see “Marking Scheme” below). As the lift moves and picks up or drops off passengers, the details shown in this window are all instantly updated using the observer pattern. Clicking the “Close” button closes this window.
Call Lift window (20%) Note: To implement this feature, you must set the AUTO_CALL constant in the Building class to false. The “Call Lift” window shows a ComboBox for selecting the person who is calling the lift, and a TextField for entering their destination. Pressing the “Cancel” button closes this window. Normally, pressing the “Call” button calls a lift for the selected person for the selected destination, then closes the window. But if the user didn’t select a caller, or didn’t input a valid integer as the destination, or there was no suitable lift for the caller, then show an error and don’t close the window. These error cases are shown below:
People window (10%) The “People” window shows a TableView of people with 5 columns: the person’s ID, name, current level, destination and whether or not they are aboard. Each column value should be formatted as shown in the screenshot to the right using custom cell value factories with code like this:
column.setCellValueFactory(cellData -> … );
where … must be replaced by an observable value such as a property. Hint: The Bindings class (import javafx.beans.binding.* ) can be used to produce more complex observable values. The documentation for this class is here:
Clicking the “Close” button closes this window.
Advanced Functionality (5%) Modify the main “Building” window to display the list of lifts in a TableView with 5 columns: the lift number, level, current direction, number of passengers and number of people waiting in the queue. Each column value should be formatted as shown below, and the values displayed should be updated as the lift moves up and down, and picks up and drops off passengers, by using the observer pattern.
The Level indicator in the second column is a string with a single number between two vertical bars (i.e. ‘|’). The number indicates the current level that the lift is on, and it’s position between the two bars indicates where this level is relative to the bottom and top floor of the lift. As the lift moves down, the number moves toward the left bar. As the lift moves up, the number moves toward the right bar. If the bottom level of the lift is N levels higher than the bottom level of the building, insert N leading spaces before the left bar. To make sure the same levels on different lifts line up, you also need to use the Monospaced font for this particular column (but NOT for any other columns). To implement this last feature of the assignment, you will be expected to do some research. For suggested material, read: http://code.makery.ch/blog/javafx-8-tableview-cell-renderer/
Bonus Functionality (Extra 20%) Implementing the bonus feature will allow you to potentially score up to 120% for Assignment 2. This equates to a potential extra 4 weighted marks for the subject. Any bonus marks earned will count toward your total mark for the subject (which itself will be capped at 100%).
Modify the “Lift” window to display a visual indication of the lift’s current level as follows:
This new level indicator must be implemented as a custom node which you define as a Java class, and then use from FXML like this:
<LevelView bottom=”1″ top=”6″ level=”2″/>
Note: when you use this node in your FXML file, the bottom, top and level properties should of course be bound to the actual values of the lift. 5. Requirements
Layout To get full marks, you should layout your windows to look as close as possible to the screenshots. This means that you should try to duplicate the spacing between and around nodes that is shown in the screenshots, and the width and height of the nodes, and the alignment of the nodes. All TableViews stretch their columns to fit the width of the table. This is achieved by setting the columnResizePolicy:
<TableView> <columnResizePolicy> <TableView fx:constant=”CONSTRAINED_RESIZE_POLICY”/> </columnResizePolicy> … </TableView>
Style A CSS file is included in the skeleton code with the following style classes and id styles: ● The root style class should be used for the root node of each window. ● The heading style class should be used for the “Lift System” heading on each window. ● The subheading style class should be used for the subheading below “Lift System” on each window (i.e. the text such as “Building”, “Lift 3”, “Call lift”, “People”). ● The time style class should be used for the time indicator. ● The direction style class should be used for the direction indicator in the “Lift” window. ● The errorText id style should be used for error messages. Code Your solution must satisfy the following code requirements: ● Your solution must follow an MVC architecture. ● Your package structure should place the models in a package named “model”, the views in a package named “view” and the controllers in a package named “controller”. ● The models must notify the views of changes by correctly applying the JavaFX property patterns and observable lists. Model data that can change must be observable. Model data that never changes does not need to be observable. ● Each view must be defined in FXML. ● All error messages must be displayed in catch blocks in response to exceptions being thrown. For example, when calling a lift to a destination that is outside of any lift’s range, the model throws an exception and the controller catches it and shows it. ● The “Exit” button must call the shutdown() method on the building before closing the window. 6. Peer marking and demonstration In your scheduled week 11 lab class (20/10/2016) you must demonstrate your assignment to your tutor and be prepared explain parts of your code to your tutor if requested. If you are unable to explain your code, it may impact your marks. Your presence is required at this class. Any student who is not present without being granted prior permission may have up to 50% of their marks for this assignment deducted.
In addition to demonstrating your assignment, you will also be assigned two other students to peer mark, and two other students will be assigned to peer mark you. The purpose of this peer marking is to mark the functionality of your application which cannot be tested by PLATE. Your marks for functionality will be based on these peer marks after they are moderated by the subject coordinator. Aside from marks for the functionality, the subject coordinator will also mark your code to ensure that all code requirements have been met. Your final mark will be a combination of marks for functionality and marks for code (See “Marking scheme”). Note that you can only be marked for features that can be demonstrated to work.
Marking the code and analysing spoofing, cheating and plagiarism is done in the two weeks following the due date. If you are suspected of Academic Misconduct, I will forward your case to the Misconduct Committee and will notify you by email. Your mark will be finalised within 2 weeks of the due date.
7. Submission to PLATE READ THIS ENTIRE SECTION CAREFULLY Included in the skeleton code is a file called progress.txt which you must fill out as you progress through the assignment. This file will contain lines such as these:
[?] The Building window is working. [?] The Lift window is working. [?] The Call window is working. …etc…
As you make progress on your assignment, you must edit this file by changing each [?] into a [y]. For example, after you get the Building window to work, you edit this file as follows:
[y] The Building window is working. [?] The Lift window is working. [?] The Call window is working. …etc… Important: Each time you make progress by changing a [?] into a [y], you must submit your progress to PLATE. If you skip a submission to PLATE to reflect your progress on a particular feature, then your marks for that feature won’t count! That is, you are only marked for those features where you submit evidence of your progress. Be very careful to always submit your progress as soon as you make progress so that you don’t lose any marks unnecessarily. At a minimum, you are required to make a submission after changing each [?] to a [y]. However, you can make more than the minimum required of submissions, for example, if you notice a bug and you want to fix it and resubmit, or you want to simply improve your code and resubmit. There is no penalty for submitting more than the minimum required submissions. Your solution is to be submitted to PLATE at https://plate.it.uts.edu.au/ under Applications Programming / Assessments / Assignment 2. Your assignment should be submitted as a JAR file that includes:
● All Java source files required to compile your assignment. ● All FXML, CSS and image files required to run your assignment. ● The progress.txt file at the top level of your project directory structure.
Based on your submitted progress.txt file, PLATE will calculate a mark. This mark should NOT be considered in any way as your final mark. Rather, it should be considered as a “potential” mark. On the week 11 demonstration and peer marking day, the system will try to assign you to peer mark other students who have a similar potential mark as yourself.
There is no scheduled late submission period. An extension of up to one week may be given by the subject coordinator before the due date; you have to supply documentary evidence of your claim. An extension CANNOT be given after the due date.
You may also apply for special consideration for reasons including unexpected health, family or work problems. More information about how to apply for special consideration can be found at http://www.sau.uts.edu.au/assessment/consideration.html. 8. Marking scheme
Building window – 8%: All nodes are shown and FXML is used(*) – 5%: The 3 lifts are shown – 3%: Layout is correct – 3%: Fonts and colours are correct – 3%: Button enabling/disabling is correct – 5%: The time updates via the observer pattern(*) – 5%: The slider adjusts the time speed – 3%: The buttons all work and the “Exit” button calls shutdown() in building (*)
Lift window – 8%: All nodes are shown and FXML is used(*) – 2%: Layout is correct – 2%: Fonts and colours are correct – 4%: All lift information is visible – 4%: All lift information is correctly formatted (e.g. direction is UP/DOWN/–) – 8%: Lift information updates via the observer pattern(*) – 2%: The “Close” button works
Call Lift window – 4%: All nodes are shown and FXML is used(*) – 2%: Layout is correct – 2%: Fonts and colours are correct – 2%: The “You must select a caller” error works using exceptions(*) – 2%: The “Destination must be an integer” error works using exceptions(*) – 2%: The “No suitable lift found” error works using exceptions(*) – 2%: The “Cancel” button works – 4%: The “Call” button works
People window – 1%: All nodes are shown using FXML(*) and the layout is correct – 1%: The ID column is displayed and formatted correctly – 1%: The Name column is displayed and formatted correctly – 1%: The Level column is displayed and formatted correctly – 1%: The Destination column is displayed and formatted correctly – 1%: The Aboard column is displayed and formatted correctly – 4%: All column values update via the observer pattern(*)
Advanced functionality – 3%: The lift column is formatted correctly with the Monospaced font and updates via the observer pattern(*) – 2%: The other columns are formatted correctly and update via the observer pattern(*)
Bonus functionality – Your mark will be based on the quality of your code(*), whether the feature is fully functional and also how accurate the visual appearance is.
(*) The code will be checked by the subject coordinator in the 2 weeks following the due date.
5. Online support The Assignment 2 discussion board has been set up so that students can ask questions, and other students can reply. I will post a reply only if I think the student response was wrong, or in the case of correcting a mistake in the assignment specification.
You must not post Java code to the discussion board. The board is there to help you, not to provide the solution. Posting your code is academic misconduct and will reported. Each time this rule is violated, I will delete the code and post a comment of the form: “Strike 1: Posting code”. After 3 strikes, the discussion board will be deleted because it did not work.
FAQs (Frequently Asked Questions) and their answers are posted on UTSOnline in Assignments/2/faq. If you have a question, check the FAQ first; it may already be answered there. You should read the FAQ at least once before you hand in your solution, but to be safe check it every couple of days. Anything posted on the FAQ is considered to be part of the assignment specification. The FAQ will be frozen (no new entries) two days before the due date; no questions will be answered after it is frozen.
If anything about the specification is unclear or inconsistent, contact me and I will try to make it clearer by replying to you directly and posting the common questions and answers to the FAQ. This is similar to working on the job, where you ask your client if you are unsure what has to be done, but then you write all the code to do the task. Email Ryan.Heise@uts.edu.au to ask for any clarifications or corrections to the assignment.
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Need Help-SPSS Data Analysis Assignment
Research Design and Statistics
SPSS Data Analysis Assignment Guide
The SPSS Data Analysis Assignment gives you an opportunity to work with, analyse, and report psychological data. You have been provided with a data set from a study that examines how the size of an ostracising group influences individuals’ sense of belonging and self-esteem. At the end of this guide, you will find a skeleton lab report that includes introduction, method, and references sections. These sections give you more detail about the theoretical backgrounds, aims, and methodology, and can be directly copied into your report.
Note: Please refer to tutorial notes for SPSS (SPSS file is not the same shown in tutorial notes).
Here are some guidelines for how to complete this assignment
- Start by reading the introduction and method section provided at the end of this guide. This will give you background information about the study and details of the method. Think about how you would complete the hypotheses based on the information provided in the introduction section. Pay attention to the independent and dependent variables in the method section. Think about how you would test these hypotheses in SPSS.
- Open the data file in SPSS.
- Go into “variable view” and for each variable, put in a variable label and set the type of measure. Enter labels for the values as appropriate (when we need to know what each number means). Here is more information about the variables:
- PartID is a participant ID number arbitrarily assigned by the researcher
- Age is participants’ age in years
- Gender is participants’ gender: 1 = male, 2 = female, 3 = other
- Grpsize is size of the ostracising group: 1 = small group, 2 = large group
- BELsc is the average of the 5 belonging items [I feel disconnected (reverse scored), I feel like an outsider (reverse scored), I feel that others interact with me a lot, I feel rejected (reverse scored), and I feel that I belong to a group]. Higher scores indicate higher levels of belonging.
- SE1-5 are the five self-esteem items: [SE1-I feel good about myself, SE2-I feel insecure (reverse scored), SE3-I feel satisfied, SE4-My self-esteem is high, SE5-I feel liked]. For all items, higher numbers indicate higher self-esteem.
- Go into “variable view” and for each variable, put in a variable label and set the type of measure. Enter labels for the values as appropriate (when we need to know what each number means). Here is more information about the variables:
- Calculate a new variable that is the average of SE1-5. You don’t need to do any reverse scoring – it has already been done. Just average them together. Give this variable a meaningful label and adjust the scale of measurement as needed.
- Compute descriptive statistics for age and gender [M (SD) or N/n (%), as appropriate for each variable].
- Conduct the necessary assumption tests for the inferential statistics you plan to use.
- Conduct the inferential statistics that allow you to test your hypotheses (e.g., t-tests).
- Save your SPSS data (.sav) and output (.spv) files (NEED TO UPLOAD BOTH FILES)
- Calculate Cohen’s d for effect size (http://www.psychometrica.de/effect_size.html#cohen).
- Create a new Microsoft Word document for your assignment.
- Copy in the Introduction, Method, and Reference section from the end of this guide. You will add hypotheses to the introduction, participant information to the method, and then write the results and discussion section. The word limit for the new text you create (hypotheses, participants, results, discussion) is 800 words. The provided text does not add to this word count. The assignment should be presented in APA style (e.g., double-spaced, size 12 Times New Roman font), and it must use an appropriately formatted title page, headings, running head, tables and reporting style.
- Hypotheses: In your new document, remove the research questions text and write the research hypotheses. For research question 1, develop a hypothesis that states the expected difference in belonging for participants who were ostracised by the small and large groups. For research question 2, develop a hypothesis that states the expected difference in self-esteem for participants who were ostracised by the small and large groups. Remember to state your hypotheses in terms of operationalised variables.
- Participants: Add a participants section to the method that gives descriptive information about the sample. State how many participants took part in the study. Insert your paragraph summarising the characteristics of the sample under a Participants sub-heading within the Method section. Remember to use complete sentences when characterising the sample.
- Results: Report the results of your analyses in a Results section.
- Report the details of your assumption testing.
- Create a table to convey the descriptive statistics that map onto your inferential tests (M and SD for each DV at each level of the IV, n for each condition). Note that the table and its caption must conform to APA style. Never copy and paste a table from the SPSS output into your report.
- Report the results of your inferential tests (t-tests), including the t-test statement and the effect size (Cohen’s d), and reference to the relevant means that you displayed in the table. You should not repeat the numbers that were presented in the table, in the text, but you may refer to them. In your Results section, link your hypotheses to your analyses (e.g., “To test the hypothesis that …., an independent-samples t-test was conducted comparing…”);
- Discussion: Interpret your results in a Discussion section. State the aim(s) of the study. Describe, summarise and explain the results. State whether the results are consistent with your hypotheses and the previous research summarised in the Introduction section you were provided. Provide some insight and explanation as to the relevance, importance, or implications of the findings in the context of the research questions. Identify any limitations of the study, and suggest some avenues for future research that directly follow from the limitations identified or results obtained. Finish your Discussion section with a strong concluding paragraph. You are not required to search for additional research articles.
- This report will be submitted electronically using the Turnitin link on the SPSS assignment section. You will need to submit three separate files in the appropriate tabs in turnitin.
- the electronic version of the report that is handed in (word or pdf file)
- The SPSS data file with all appropriate labels (.sav file)
- The SPSS output file with all output that is used in the report (.spv file)
SPSS Data Analysis Assignment Rubric
|SPSS data file (5%)||Major errors/omissions in the scale of measurement, variable labelling, and/or value labelling.
New variable not computed.
|A major error/omission or many minor errors/omissions in the scale of measurement, variable labelling, and/or value labelling.
OR error in the computation of new variable.
|New variable computed correctly. Minor errors or omissions in the scale of measurement, variable labelling, and/or value labelling.||New variable computed correctly. A minor error or omission in the scale of measurement or variable labelling. All values labelled correctly where needed.||New variable computed correctly. All scales of measurement specified correctly, appropriate labels provided for every variable, all values labelled correctly where needed.|
|SPSS output (10%)||Inferential statistics are missing or incorrect.||Inferential statistics are correct and complete, with a major error/omission or many minor errors/omissions in assumption testing and/or descriptive statistics.||Inferential statistics are correct and complete, with minor errors or omissions in assumption testing and/or descriptive statistics.||Inferential statistics are correct and complete, with a minor error or omission in assumption testing or descriptive statistics.||All analyses (assumption testing, descriptive statistics, inferential statistics) are correct and complete.|
|Hypotheses (5%)||Hypotheses are missing or incorrect.||Hypotheses are partially correct.||Hypotheses are mostly correct.||Hypotheses are correct.||Hypotheses are correct and clearly stated.|
|Results (40%)||No results or substantially incorrect or incomplete results are provided, poor attempt to report results||Incomplete descriptive and inferential statistics reported, consistent errors in reporting style||Appropriate reporting with some errors or omissions in the reporting of descriptive and inferential statistics||Appropriate and accurate presentation of descriptive and inferential statistics, all relevant information reported, description may lack clarity or precision at points||Clear and accurate reporting of analyses (assumption testing, descriptive, inferential), good use of tables/figures|
|Discussion (30%)||No discussion or very poor discussion providing incorrect interpretation, with results not linked to research question, inadequate conclusion||Satisfactory discussion of results, may be inaccuracies in interpretation, some irrelevant or confusing information, conclusions may be weak||Sound discussion of results in relation to research question/literature, generally appropriate interpretation of findings and conclusion matches research question, may lack clarity and include some inaccuracies in interpretation||Good discussion of results relating to research questions/literature, good insight regarding interpretations and conclusions, may lack clarity at points||Very well written discussion, appropriate reference to research questions/literature, excellent interpretation and understanding of findings, strong conclusion|
|Presentation (10%)||Poor written expression, grammar and spelling, poor APA formatting||Satisfactory writing style and presentation, with substantial room for improvement in writing style and APA formatting||Most areas of presentation are good, may include some consistent errors in APA formatting||Good written expression and grammar, may include some minor APA formatting errors||Clear written expression, grammar and spelling. Formatting meets APA guidelines|
- There is one required question you must answer
- You must also answer 3 out of 7 additional questions
- Each response is limited to a maximum of 350 words
- Which three questions you choose to answer are up to you: But you should select questions that are most relevant to your experience and that best reflect your individual circumstances.
Keep in mind
- All questions are equal: All questions are given equal consideration in the application review process, which means there is no advantage or disadvantage to choosing certain questions over others.
- There is no right or wrong way to answer these questions: It’s about getting to know your personality, background, interests and achievements in your own unique voice.
Questions & guidance
Remember, the personal questions are just that — personal. Which means you should use our guidance for each question just as a suggestion in case you need help. The important thing is expressing who are you, what matters to you and what you want to share with UC.
Please describe how you have prepared for your intended major, including your readiness to succeed in your upper-division courses once you enroll at the university.
Things to consider: How did your interest in your major develop? Do you have any experience related to your major outside the classroom — such as volunteer work, internships and employment, or participation in student organizations and activities? If you haven’t had experience in the field, consider including experience in the classroom. This may include working with faculty or doing research projects.
If you’re applying to multiple campuses with a different major at each campus, think about approaching the topic from a broader perspective, or find a common thread among the majors you’ve chosen.
Choose to answer any three of the following seven questions:
- Describe an example of your leadership experience in which you have positively influenced others, helped resolve disputes, or contributed to group efforts over time.
Things to consider:A leadership role can mean more than just a title. It can mean being a mentor to others, acting as the person in charge of a specific task, or taking lead role in organizing an event or project. Think about your accomplishments and what you learned from the experience. What were your responsibilities?
Did you lead a team? How did your experience change your perspective on leading others? Did you help to resolve an important dispute at your school, church in your community or an organization? And your leadership role doesn’t necessarily have to be limited to school activities. For example, do you help out or take care of your family?
2. Every person has a creative side, and it can be expressed in many ways: problem solving, original and innovative thinking, and artistically, to name a few. Describe how you express your creative side.
Things to consider: What does creativity mean to you? Do you have a creative skill that is important to you? What have you been able to do with that skill? If you used creativity to solve a problem, what was your solution? What are the steps you took to solve the problem?
How does your creativity influence your decisions inside or outside the classroom? Does your creativity relate to your major or a future career?
3. What would you say is your greatest talent or skill? How have you developed and demonstrated that talent over time?
Things to consider: If there’s a talent or skill that you’re proud of, this is the time to share it. You don’t necessarily have to be recognized or have received awards for your talent (although if you did and you want to talk about, feel free to do so). Why is this talent or skill meaningful to you?
Does the talent come naturally or have you worked hard to develop this skill or talent? Does your talent or skill allow you opportunities in or outside the classroom? If so, what are they and how do they fit into your schedule?
4. Describe how you have taken advantage of a significant educational opportunity or worked to overcome an educational barrier you have faced.
Things to consider: An educational opportunity can be anything that has added value to your educational experience and better prepared you for college. For example, participation in an honors or academic enrichment program, or enrollment in an academy that’s geared toward an occupation or a major, or taking advanced courses that interest you — just to name a few.
If you choose to write about educational barriers you’ve faced, how did you overcome or strived to overcome them? What personal characteristics or skills did you call on to overcome this challenge? How did overcoming this barrier help shape who are you today?
5. Describe the most significant challenge you have faced and the steps you have taken to overcome this challenge. How has this challenge affected your academic achievement?
Things to consider: A challenge could be personal, or something you have faced in your community or school. Why was the challenge significant to you? This is a good opportunity to talk about any obstacles you’ve faced and what you’ve learned from the experience. Did you have support from someone else or did you handle it alone?
If you’re currently working your way through a challenge, what are you doing now, and does that affect different aspects of your life? For example, ask yourself, “How has my life changed at home, at my school, with my friends, or with my family?”
6. What have you done to make your school or your community a better place?
Things to consider: Think of community as a term that can encompass a group, team or a place – like your high school, hometown, or home. You can define community as you see fit, just make sure you talk about your role in that community. Was there a problem that you wanted to fix in your community?
Why were you inspired to act? What did you learn from your effort? How did your actions benefit others, the wider community or both? Did you work alone or with others to initiate change in your community?
7. What is the one thing that you think sets you apart from other candidates applying to the University of California?
Things to consider: Don’t be afraid to brag a little. Even if you don’t think you’re unique, you are — remember, there’s only one of you in the world. From your point of view, what do you feel makes you belong on one of UC’s campuses? When looking at your life, what does a stranger need to understand in order to know you?
What have you not shared with us that will highlight a skill, talent, challenge, or opportunity that you think will help us know you better? We’re not necessarily looking for what makes you unique compared to others, but what makes you, YOU.
Assignment help-CASE QUESTIONS: Warren E Buffett 2005
CASE QUESTIONS: Warren E Buffett 2005
1. Market reaction: What does the stock market seem to say about the acquisition of PacifiCorp by Berkshire Hathaway? Specifically, does the deal create value? If so, for which party? What does the $2.55 billion increase in Berkshire Hathaway’s market value represent?
2. Choice of valuation methods: What do you think PacifiCorp is worth on its own before its acquisition by Berkshire? Which valuation method should you use to value PacifiCorp and why? Show clearly the steps to arrive at the following estimates in Exhibit 10:
Enterprise Value as Multiple of: MV Equity as Multiple of: Revenue EBIT EBITDA Net Income EPS Book Value Median 6,252 8,775 9,023 7,596 4,277 5,904 Mean 6,584 9,289 9,076 7,553 4,308 5,678 If you need to use a discount rate to discount cash flows then an appropriate discount rate estimate for PacifiCorp is approximately 9%.
3. Bid assessment: How do you assess the bid for PacifiCorp by Berkshire Hathaway? How much does Buffett pay for PacifiCorp for its equity and as a whole? How do these values compare with the firm’s intrinsic values estimated in Exhibit 10?
4. Investment valuation: Evaluate Berkshire Hathaway’s investment in MidAmerican Energy Holdings in 2000. Using the information from Exhibit 6, calculate the net gain to Berkshire Hathaway in 2000 dollars. First, calculate the free cash flow accruing to Berkshire from MidAmerican each year from 2001 to 2004. Second, discount the cash flows to year 2000 and compare with Berkshire’s investment in MidAmerican. Assume tax = 40% on EBIT, discount rate r = 9%, growth rate for the steady period starting 2004 g = 2%. Correction: Exhibit 6, Balance sheets, Assets: “Properties, plants, and equipment” and “Goodwill” figures are “gross” amount, not “net”. Clearly state your assumptions if any.
5. Past performance: Discuss Berkshire Hathaway’s business strategy during 1965-2004. How well did Berkshire Hathaway perform during that period? Using financial databases (such as Bloomberg, Datastream, Yahoo Finance, etc.), assess Berkshire Hathaway’s recent performance during the period of 10 years up the end of last year. Comment on your findings.
6. Investment assessment: Assess Berkshire’s investment in Buffett’s Big Four: American Express, Coca-Cola, Gillette, and Wells Fargo in terms of strategy and return performance (each individual company and portfolio as a whole).
7. Investment philosophy: Critically assess Buffett’s investment philosophy. Identify the points where you agree and disagree with him.
Assignment help-CASE QUESTIONS: Warren E Buffett 2005
BAO6504 Accounting for Management
Group term paper: Company Report on BlueScope Steel Ltd 20% This assessment is to be done with a group of a maximum of four students. The group’s task is to report on BlueScope Steel Ltd, the country’s leading steel manufacturer whose shares are listed in the Australian Stock Exchange. The group is to take on the perspective of a management consultant hired by BlueScope to identify and analyse key financial issues regarding its business situation and performance in the last five years (Years ending 2012, 2013, 2014, 2015 and 2016). Key issues would refer to profitability, asset efficiency, liquidity, capital structure and market performance. The analysis should likewise refer to the company’s stated strategy and actual progress during the five-year report period. To have a clear view of the business situation, the group needs to evaluate the company’s recent past, and current performance through processing information contained in company annual reports, the company website, analyst reports, and other business media. The report must include horizontal and vertical financial analysis with a summary of relevant ratios in the last five years. Prepare graphs of trends. The group should also report on share price movements over the last five years and comment on the extent company developments have impacted the share price. In addition, the group must identify and expound on strategic management initiatives as described in company annual reports. The report should then comment on whether results have been or are being achieved. To arrive at a broadly-informed evaluation, the group needs to consider the general industry situation and developments in the domestic and international steel industry including relevant references made to BlueScope’s competitors. Thus a scan of pertinent business media must be undertaken to collect this information. A good place to start is to look up updated industry information in VU Library. A guide on how to get to the site accompanies this brief. The group is to report on their findings and recommendations to BlueScope’s Board of Directors. The report should include the following as a minimum: cover sheet (title and authors), executive summary, table of contents, body of content, conclusion, references and appendix (if applicable). We want “think not ink” – rarely are the longest explanations the best. Use dot points where suitable. A good report will not only describe observations but more importantly, include an analysis and explanations of these observations. A typical paper is about 4000 words of concentrated and well thought-out discussion. Tables are included in the word count but not the references. A minimum of 20 references is expected and these sources must be acknowledged using Harvard referencing. The report is due on SWOTVAC week, Tuesday, 25 October at 5:00 pm and must be uploaded at our Collaborate Dropbox. At the same time, a hard copy must be handed to the Unit Coordinator, Dr Rafael Paguio. A marking guide for this group assignment follows. 2 BAO6504 Company Report Marks Award MAX Poor (Fail) Pass Above-Average Excellent Well-prepared background of company, strategy and the industry (mark for quality of information and insights) 3 0 – 1 2 2.5 3 Horizontal and vertical financial analysis with relevant ratios for profitability, asset efficiency, liquidity, capital structure and market performance (mark for completeness, presentation and use of charts / graphs) 6 0 – 2.5 3 – 3.5 4 – 4.5 5 – 6 Insights of financial analysis; plus identification of past or ongoing strategic initiatives that could explain the financial results; reference to industry and competitors’ situations are also expected (mark for scope, relevance and depth) 6 0 – 2.5 3 – 3.5 4 – 4.5 5 – 6 Logical reporting of insights and recommendations to Board (mark for scope, quality and coherence) 3 0 – 1 2 2.5 3 Standard of presentation: English and referencing 0 – 1 2 2.5 3 (mark for of grammar and spelling, professional appearance and correctness) 2 0 – 0.2 1 1.5 2 Total Possible 20 Total:
Discuss Osmosis (e.g.,describe the process, describe sub-groups of osmosis,
discuss how osmosis works, discuss the category (s) of transport it belongs to, discuss what it transports, etc.,)
– 1 or 2 pages
– Proper heading, name, date, course
– Double spaced
- How long will it take $10,000 to reach $50,000 if it earns 10% interest compounded semiannually?
- 17 years
- 33 years
- 5 years
- 5 years
- You require an 8% annual return on all investments. You will receive $1,000,
$2,000, and $3,000 respectively for the next three years (end of year) on a particular investment. What is the most you be willing to pay for this investment?
- Your partners have promised to give you $25,000 on your wedding day if you
Wait 10 years to get married. Your sister is getting married today. What amount should she receive in today’s dollars to match you gift? The appropriate discount rate is rate 12%.
- You want to start saving for retirement. If you deposit$2,000 each year at the end
Of the next 60 years and earn 11% on the investment, how much will you have when you retire?
- What is the present value of a semi-annual ordinary annuity payment of $7,000
made for 12 years with a required annual return of 5%?
- You get a 25-year loan of $150,000 with a 8% annual interest rate. What are the
- Your grandmother is offered a series of $6,000 starting one year from today. The
Payments will be made at the end of each of the next 10 years. Similar risk investments are yielding 7%. What should she pay for the investment?
- Company XYZ purchased some machinery and gave a five-year note with a
Maturity value of $20,000. The discount rate is 8% annually and the interest is discounted monthly. How much did the company borrow?
- Your father loans you $12,000 to make it through your senior year. His
Repayment schedule requires payments of $1401.95 at the end of year the next 15 years. What interest rate is he charging you?
- What is the future value of an annuity due if your required return is 10%, and
Payments are $1,000 for 10 years?
- You deposit $10,000 in a bank and plan to keep it there for five years. The bank
Pay 8% annual interest compounded continuously. Calculate the future value at the end of five years.
- Calculate the present value of $100,000 received in six months. Use an annual
discount rate of 10%. Do not adjust the discount rate to a semi-annual rate. Keep it annual and adjust to the appropriate value.
- You get a twenty-year amortized loan of $100,000 with a 5% annual interest rate.
what are the annual payments?
- What is the present value of $100,000 received in fifteen years with an annual
Discount rate of 5% discounted monthly?
- A gallon of milk cost $3.59 today. How much will it cost you to buy a gallon of
milk for your grandchildren in 35 years if inflation averages 5% per year?
- You borrow $95,000 for 12 years at an annual rate of 12%. What are the monthly
Payments required to amortize this loan?
- As a gift from your parents, you just received $50,000 for your education for the
Next four years. You can earn an annual rate of 8% on your investments. How much can you withdraw each year (end of year) just using up the $50,000?
- You would like to retire on $1,000,000. You plan on a 7% annual investment rate
(3.5% semi-annually) and will put away $7,500twice a year at the end of each semi-annual period. How long before you can retire? Round to the nearest figure.
b.) 25 years
c.) 35 years
d.) 66 years
- What is the present value of an annual annuity payment of $7,000 made for 12
Years with a required return of 5% with the first payment starting today?
- What a deal! Your new car only cost $28,300 after rebates and trade. If you
Finance it for 60 months at 6% annual interest, what will be you rmonthly payments?
Essay. Write your answer in the space provided or on a separate sheet of paper.
- Sum the present values of the following cashflows to be received at the end of
each of the next six years $1,500, $3,500, $$3,750, $4,250, $5,000 when the discount rate is 4%.
- How long it will take for $2,500 to become $8,865 if it is deposited and earns 5% per year compounded annually? (Calculate to the closet year.)
- Company XYZ purchased equipment and gave a three-year note with maturity value of $12,006. The annual discount rate for the note was 14% discounted semi-annually. Calculate how much they borrowed.
- Calculate the resent value of each of the alternatives below, if the discount rate is 12%.
- $45,000 today in one lump sum.
- $70,000 paid to you in seven equal payments of $10,000 at the end of each of the next seven years.
- $80,000 paid in one lump sum 7 years from now.
- A bank agrees to give you a loan of $12,000,000 and you have t pay $1,309,908
Per year for 26 years. What is your rate of interest? What would the payments be if this were a monthly payment loan?
Hello Doctor Mitch welcome back. Here is the first Week 1: Assignment 2-Outine Research for this class that I started in on Monday. PLEASE be sure to read the INSTRUCTIONS very very very CAREFULLY. Be sure to check for spelling, grammar, punctuation, etc. Please use Peer-Reviews, Journals and Scholars. Abstract should be 150 words or more. Cover Page and References are Not included in total word count for the MGMT 603 Organization Development Week 1: Assignment 2- Research Outline. If you have any questions for me, please feel free to email me at any time. Thank you so much once again for your time and effort regarding these Assignments for the next 8 weeks in this course. Please choose from one of the topics that are highlighted in red. Here are some names of Fortune 500 Companies that you can choose from as well if you like or you if you have any in mind that you would like to use yourself. I highlighted the top-five company’s in RED first:
- P. Morgan
- Exxon Mobil
- General Motors
- American Express
- Coldwell Bankers
- Capital One
Assignment 1: Week 2 – Research Outline
DUE: Friday Oct 8, 2016 BEFORE 11:55 PM CST
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Your final research paper will be based on a topic of your choice related to an aspect of organizational development examined in this course (see list provided). This assignment requires that you explore a key aspect of organizational development within a large business setting, and prepare a substantive outline detailing the program that you intend to design, develop, implement, and maintain for the benefit of the organization identified. For the purposes of this assignment, you must select a Fortune 1,000 company for this project. You may use the readings assigned in the class to supplement your research.
In order to complete this task, you will need to go into the library databases to find other articles. Prepare an outline with bullet points of the topics, subtopics, theories and concepts that you plan to ultimately cover in your research paper. A sample outline is provided in the Resources section. In addition, please refer to the reference below for more information on research paper outlines. This assignment is worth 10 percent of your grade.
Research Paper Topics:
- Organizational Development
- Organizational Culture
- Team development
- Diagnostic Models
- Learning Organizations
- Lewin’s Change Model
- Neuroscience in Leadership
- Organizational Change
Purdue Online Writing Lab (n.d.). Four main components for effective outlines. Retrieved from https://owl.english.purdue.edu/owl/resource/544/01/
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Schroeder Family School of Business Administration
Need Help-MGT 497
Over the course of the semester, you will do research (i.e. collect data) on a firm of your choice. You will analyze the internal, external, and strategic factors of your chosen firm and write a 15 – 20 page paper discussing your findings. Format and content requirements are below.
A Note on Firm Selection: Many students do not take firm selection seriously and then struggle throughout the semester because their firm is too big, too small, data is not available, etc. In the past, most individuals that ended up with a low project grade attributed it to poor firm selection. Take firm selection seriously. Some tips on firm selection include:
- Make sure the firm is publicly traded.
- Make sure the firm is a member of a well-defined industry
- g. General Electric is difficult to categorize into a single industry, so it would be challenging to identify GE’s competitors.
- New firms and non-diversified firms are poor choices
- Make sure that you understand the products of the firm.
I suggest that you skim chapters 8 – 11 of your textbook to get a sense of the strategic issues that are relevant for selecting an appropriate firm for this project. The issues boil down to: vertical and horizontal integration, outsourcing, diversification, mergers and acquisitions, corporate venturing, international expansion, alliances/joint ventures and corporate governance. Before you select a firm, make sure that it has encountered at least one of these strategic issues in the past, and should grapple with at least one of them in the future. You may not choose any firm that is the subject of one of the course cases. Also, if you have trouble choosing a company, I have a list of companies that are appropriate for this assignment.
You will need to email me a listing of your top 3 choices of firms (in order of preference) to analyze along with a short paragraph on the reasons why you want to study each of these firms by September 10th at 11:59PM. I will then assign you a company based on your choices. Please be advised that you may not receive your top choice, and that your reasons for choosing each company will play a role in my decision of assigning companies.
The project has 3 deliverables in addition to the firm selection sheet described above:
- Intro and SWOT analysis (Due on October 6th at 11:59PM– upload to BB)
- Presentations (Due on November 29th, December 1st, and 6th in class )
- Final report (Due on November 29th at 9:30 AM – Upload to BB)
- The report MUST be typed and submitted via BlackBoard. I will not accept hand written reports.
- Times New Roman 12 pt. font with 2.0 line spacing
- Use subheadings (sections) to enhance clarity and readability
- Ensure that the use of concepts from the course is explicit and appropriate
- Use only one term per concept or issue (e.g. if you use the word “company” do not interchange it throughout the paper with “firm” or “organization”)
- Be concise – avoid passive voice and long sentences
- Emphasize the evidence and build on it – eliminate unfounded speculation and opinion
- Narrative form should be used. Tables can be utilized in an Appendix for necessary facts.
- APA style should be used.
- Remember if you paraphrase information – source it. If you are copying word for word from your source – put quotes around the section then source it.
- PROOFREAD, PROOFREAD, PROOFREAD!!! Excessive grammatical errors will hurt your grade!
Introduction to your firm:
- Should describe the firm size (in sales, assets, or employees), age, market share in US, and CEO. These statistics should be from 2015 or 2016.
- Briefly discuss and summarize financials. Compare 5 year stock chart to S&P 500
- Briefly touch on history of firm
- Describe the mission and vision statements (use quotes and cite appropriately if quoting these statements. Also, a description should follow if quoting)
- Describe the firm’s global position (how many countries does it operate in? in which country does it have a large presence? Etc…)
- Briefly identify and define the industry.
- Which firms are in it? What do they do? What are their market shares, profit figures, size, etc.? How have these figures been changing over the past decade? Be sure to provide demand statistics and industry structure. Provide a sense of the industrial setting.
- Discuss at least two of Porter’s 5 forces. State whether the force is weak or strong, and how it is influencing industry profitability. Provide support for your arguments.
- Discuss at least one macroenvironmental trend that is effecting industry profitability.
- Describe your company’s opportunities and threats. USE SEPARATE SECTIONS (one for opportunities, and one for threats).
- Remember, this is the industry analysis. I should be able to read this section without knowing which firm you are covering.
- Identify your firm’s resources, capabilities, and distinctive competencies.
- Discuss one of the competitive advantage building blocks that your firm concentrates on, and how that fits into the firm’s value chain.
- Describe your company’s strengths and weaknesses. USE SEPARATE SECTIONS (one for strengths, and one for weaknesses). Do not be one sided in your report! Weaknesses may not be obvious, so do some serious research.
Strategic Action and Corporate Level Strategy:
- Discuss the firm’s portfolio of businesses and illustrate how the firm creates (or attempts to create) value with its corporate-level strategy.
- Then, provide an in-depth discussion of one or two recent corporate-level strategic actions. Peruse Chapters 9-10 and focus on one or two of the strategies covered therein. Do NOT attempt to address all the topics covered in the course or all the strategic actions the firm has taken. What I am looking for is not breadth but rather depth. Provide a list of the things that the company has done, and then pick something that is typical of the methods this firm uses for expanding its portfolio of businesses. For example, you may discuss an acquisition, a joint venture, an international expansion, or restructuring.
- Discuss the pros and cons of these actions – did they create value? Why or why not? Provide suggestions on how these actions could have been better handled. Conclude with your educated assessment of the appropriateness of the firm’s current corporate-level strategy. Remember to use facts (i.e. data) in support of your arguments throughout.
Recommendations to the CEO:
- Look to the future and offer your assessment of where the firm should go from here. In the first section, you identified the key success factors in this industry, and in the next two sections, you analyzed the firm’s current strategic positions – now extrapolate (based on appropriate facts & concepts) and suggest what future strategic actions the firm should take so that it is positioned to possess and maintain these key success factors.
- Your recommendations should “follow” from the preceding analysis such that it should help the firm exploit the opportunities or eliminate the threats that you have identified. Your recommendations should also be in line with the firm’s strengths and weaknesses such that they should leverage the firm’s strengths or compensate for the weaknesses that you have identified previously.
- Stay away from basic marketing suggestions, such as “Improve your reputation” or “Advertise more” or “Offer better customer service”, etc. Also, avoid discussions of minor tactical moves. Instead, suggest strategic actions such as specific countries to expand into, specific firms to acquire, etc. For example, if a firm repackages a product, changes prices, adds a new feature, etc., these are generally not major strategic actions. Instead, these are considered tactical actions – smaller actions that adjust a current strategy. While these types of adjustments are important, they’re simply not what we’re focusing on in this class. We’re focusing on strategic moves – moves that are much larger and significant in scope. For example, if a fast food company like Burger King sees a trend toward low-carb eating, that company may add a new item to its menu. That’s a tactical move. What you want to focus on in your report is something more along the lines of Burger King buying the Atkins company, or forming an alliance with Atkins, or expanding into other countries without a low-carb trend. You do NOT want to simply recommend that Burger King increase its advertising or start a new campaign to emphasize its low-carb options; sure, that’s part of it, but not our focus here.
- Whatever your recommendations, summarize the reasoning behind each recommendation, and then explain what the effects of implementing this recommendation are likely to be. What are the risks involved with implementing your recommendations? What are some issues that may make it difficult to implement? Bolster your arguments with strategy concepts and empirical facts—this is where most students struggle.
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