Applied Statistics at Grand Canyon University Essay Example for Free

Applied Statistics at Grand Canyon University Essay 1. Which patient scored the highest on the preoperative CVLT Acquisition? What was his or her T score? The 3rd patient scored 63 which is the highest CVLT T-score. 2. Which patient scored the lowest on postoperative CVLT Retrieval? What was this patient’s T score? The 4th patient scored the lowest on the postoperative CVLT Retrieval with a score of 23. 3. Did the patient in Question 2 have more of a memory performance decline than average on the CVLT Retrieval? Provide a rationale for your answer. Yes, because he scored 23 and the average is 38.2. 4. What is the mean ( X) and standard deviation (SD) for preoperative T score for CVLT Acquisition? The mean for preoperative T score for CVLT acquisition is 46.35, and the SD is 5.061, calculated using Excel auto sum function. 5. Is the preoperative Retrieval T score for Patient 5 above or below the mean for the norm of the group? Provide a rationale for your answer. The score for patient 5 on preoperative Retrieval T score (52) is above the mean for the norm of the group (47.36). 6. Assuming that the distribution of the preoperative CVLT Retrieval T scores is normal, the middle 68% of the patients had T scores between what two values? 7. Assuming that the distribution of scores for the postoperative CVLT Retrieval T scores is normal, the middle 68% of the patients had T scores between what two values? 8. The researchers state that it appears that the functional integrity of the left temporal lobe, despite evidence of structural abnormality, plays a considerable role when it comes to memory outcomes following left ATL. Can the findings from this study be generalized to a larger population? Provide a rationale for your answer. No, because, according to our source, the sample size is too small to generalize the results for a larger population. 9. If a patient had a raw score = 30, what would his/her postoperative CVLT Retrieval T score be? Tscore=10X/SD+(50-10Xo/SD) Tscore=10(30)/1.414+(50-10(39.294))/1.414 Tscore=-15.729 10. Did patients demonstrate more postoperative memory declines among CVLT Retrieval T scores than CVLT Acquisition T scores? Provide a rationale for your answer No, the number of declines in both postoperative categories is the same(13).

Democracy Essay -- miscellaneous

Democracy This essay will now discuss the different forms of government, which are monarchy and aristocracy. In this essay I will also answer the question â€Å"Is Democracy the Best Form of Government?† My basic answer to that question is yes, I do think it is the best form of governments. I will be giving reason to back up my answer to this question. This essay will now discuss the different forms of government and the answer to the question â€Å"is Democracy the Best Form of Government?† in more depth and detail. One of the forms of government that we would be discussing is monarchy. A monarchy is a form of government that has a monarch as Head of State, political power which belongs largely to one ruler, generally called a king or queen, who receives his or her position by claim of divine or inherited right. This basically means that there is one ruler for the common good. An example of this is Saudi Arabia, Jordan and Monaco. However, the prevision of a monarchy is a tyranny. This happens when the one man who is a dictator governs for his or her self and not for the interest of the common good. An example of tyranny is Greece where Hippias (last tyrant of Athens) ruled. Another form of government is aristocracy. An aristocracy is a form of government in which rulership is in the hands of an "upper class" known as aristocrats. The aristocrats are a few of people which are the most elite of men that are chosen to run the country. The word aristocracy implies the meaning of...

Spikes Volleyball Court

1) Perform a Business Sizeup Spike’s Indoor Beach Volleyball and Rock Climbing Inc. caters to a niche market in the Canadian sports industry. As there were no indoor beach volleyball courts in Canada, Spikes faced little competition. The volleyball crazed locality of London, Ontario provided the perfect geographical location for the operations of Spikes. In addition to indoor beach volleyball courts, Spikes had also added an indoor rock climbing wall, a small restaurant with a bar, and had also upgraded the lighting, heating system, computer servers and had added a big-screen television in the lounge area.Spikes did face some competition in the rock-climbing wall division as there were 2 other competitors in the vicinity who offered similar services at comparable rates. Holistically speaking, the business was doing immensely well and faced little or no environmental threat apart from the fact that the premises was not owned by the business itself. It was leased from another pe rson and was constantly at risk of zoning laws banning the establishment, as it was labeled as a high intensity residential area.This meant that the lease owner could cancel Spikes lease at any reasonable notice and construct high-rise apartment buildings in its place however Spikes reasoned that since there was no pressure from the neighborhood he would not face too much risk in this regard. As it is, the cost of a potential lease cancellation cannot be quantified and will affect the going concern of the business. Apart from that the business is in a very healthy condition, having around 130 regular teams per season that feed its main operations i. e. olleyball and Spikes has engineered various complementary services to squeeze more revenue out of its main operations which is mainly the restaurant bar and rock-climbing wall. 2) Analyze the expansion qualitatively. The main aim of Misener was to encourage more people to stay after volleyball matches and games via the outdoor patio. Additionally the outdoor patio would be directly over the new outdoor beach volleyball court hence would create an area for the audience to sit, enjoy a match along with some drinks and refreshments which eventually will increase revenues and popularity.Having a 200 person capacity will provide enough room for spectators to enjoy a match without any congestion. Additionally, Misener has estimated that there will be 95 good weather days out of 120 days per season during which the patio can be open which implies an efficiency of around 80%. Having an extra court meant that four matches can be conducted per day meaning that Spikes can cater to around 8 more teams on a daily basis which will increase their operating revenues.The downfall of constructing this patio was that Misener was already facing a risk of his lease being cancelled and if the business were to construct an outdoor patio, residential complaints might increase as it will cause noise disturbance as well as littering from the patio. Spikes was in no position to face residential complaints as it could push his lease towards cancellation and he would have to locate another suitable premises to operate from which could essentially destroy his business.Lastly, the estimates provided by Misener are very optimistic and would require analysis from different projections to ensure that the expansion does remain viable in all possible scenarios. 3) List all the cash flows associated with the expansion, and classify them as relevant (cash, future and different), recurring or one-time costs. Cash Flow| Relevant| Recurring or one time? | Incremental bar revenue| Yes, Future cash flows| Recurring| Incremental food revenue| Yes, Future cash flows| Recurring| Additional league fees| Yes, Future cash flows| Recurring| Beverage COGS| Not relevant| N/A|Food COGS| Not relevant| N/A| 5 days food inventory| Only applicable as a change in Net Working Capital which is valid for first year only| One Time| 5 days liquor inve ntory| | One Time| Accounts payable| | One Time| Accounts receivable| No change in AR| N/A| Servers| Yes, Future cash flows| Recurring| Bartender| Yes, Future cash flows| Recurring| Cooks| No Extra cooks are hired| N/A| Maintenance| Yes, Future cash flows| Recurring| Utilities| Yes, Future cash flows| Recurring| Insurance| Yes, Future cash flows| Recurring|Nets & Balls| All of these cash flows fall under Capital Expenditure made in the first year, hence only relevant for first year. | One Time| Retaining Wall/Fencing| | One Time| Zoning & Permits| | One Time| Stairway| | One Time| Patio Furniture| | One Time| Washroom| | One Time| Amortization| Yes, till end of useful life| Recurring| Bank Loan| Not relevant| N/A| Interest| Yes, for 2 years| Recurring for 2 years| 4) Perform a differential analysis, with sensitivity analysis where necessary. What is the return on investment?What is the payback period? In the attached file, there are calculations of relevant cash flows and their diff erent impacts on the expansion analysis. The capital expenditure of the first year comes out to be about $43,500 which is financed via a 6% loan with monthly payments. Amortization of $9,300 per year will be charged to depreciate the capital expenditure which yields a tax shield (20% tax) of $1,860 annually. The per month interest payment comes out to be $1,927. 95 and the entire loan will be paid off in two years.As a result, the annual interest tax shield comes out to be $4,627. 1 for the two years during which the loan is active. The first incremental revenue will come from 8 additional teams playing per day in the new outdoor court. Charging a per season fee of $650 per team, the total increment in revenue from increased teams is calculated to be $15,600 per year. According to Misener, due to the rooftop patio, liquor sales will increase to $6000 a day implying a $3000 revenue increase per day. Assuming 95 days in a season of 120 days during which the patio will be open and acti ve.As there are 3 seasons in a year the total incremental revenue comes out to be about $427,500 of profit per year. Applying similar calculations to the increase in food sales of $1000 per day yields Spikes additional profit of $99,750 per year. As these are profits before taxes, the company will need to pay taxes which are a cash outflow. Assuming a 20% tax rate, the annual tax payable from incremental revenue comes out to be $108,570. There will be some incremental operating expenses which are a direct consequence of running the patio.Firstly 2 additional servers will be hired for 8 hours a day at $8. 5 per hour and another bartender will be hired for 8 hours a day at $10 per hour. This comes out to about $61,560 per year after considering the 95 operating days per season assumption. Maintenance and Utilities will be paid at $500 a month and $200 a month which yields $8,400 for the whole year. Insurance will increase by 10% per year which, after considering last year’s ins urance of $12,225, comes out to be $1222. 5.The bar will have to keep inventory of Liquor and food of 5 days and will pay back the suppliers in 10 days which will decrease our net working capital by $10,750 (calculations in excel). Totaling the above will yield us the differential annual cash flows for the expansion. The cost of equity for Spikes, after searching through comparable entities, comes out to be about 15%. The ratio of debt to value of the expansion is calculated to be 10. 26% which yields equity to value ratio of 89. 74%.The cost of debt is 6% as stated earlier; after plugging these values into the formula for weighted average cost of capital, the WACC comes out to be 14. 08%. Using the above calculated weighted average cost of capital, the terminal value of cash flows for the expansion calculated is $2,592,710. 76. As a result, cash flows for the entire life of the project are calculated and the NPV of the project comes out to be $2,647,878. 40 indicating the expansion will create value of over $2 million. The payback period is less than a year, around 34 days as incremental revenues are vast and the initial outlay is only $43,500.The return on investment, more commonly known as internal rate of return or IRR, comes out to be 872%. 5) As Earl Misener, would you go ahead with the expansion? Earl Misener should not go only by the numbers which seem too good to be true. In fact, they are too good to be true as one critical factor has not been quantified i. e. the potential risk of losing the lease due to the expansion. If Misener loses the lease then not only will the expansion be redundant, he will have to locate his business elsewhere which for a business like Spikes will spell certain death.The location is gold as it is situated away from competitors who lower competitive risk and is located near residential areas making it easier for his customers to commute to Spikes. As Earl Misener, he should analyze his fall-back plans and strategies on how to ensure the lease does not get cancelled. If possible, Earl should also try to buy the premises instead of relying on a lease. In my opinion, it is too soon to expand and Earl should solve the lease problem before expanding.

Lenins Power Essay - 1209 Words

Lenin was able to consolidate his power because of the weakness of his opponents. Find evidence to support or refute this statement. Chloe Tomlinson There were many different equally important reasons why Lenin and the Bolsheviks were able to hold on to their power. For Lenin, and the Bolsheviks, winning political power was relatively easy, compared with retaining it. They had many different objects to overcome, such as; Russia was in chaos, politically and economically, and normal government had broken down in large areas, yet despite all these problems Lenin was able to consolidate his power – and create the world’s first communist state. There are four main topics in which Lenin was able hold on to his power; Trotsky’s organisation†¦show more content†¦War Communism was in favour of Lenin being able to consolidate power as the Bolsheviks used terror effectively. There was a six week period known as the Red Terror that saw any remaining aristocracy (most begun to flee the country after February revolution). Monarchists and riches middle class, were arrested, executed, exiled or stripped of their power, estates and privilege. Additionally, in March, the Treaty of Brest-Litovsk signed with the Germans, was the Bolsheviks ending the war. Russia lost the Ukraine, its Polish and Baltic territories, and Finland. The treaty was hugely unpopular in Russia but necessary if the Bolsheviks were to establish control of Russia. Lenin believed that the revolution would soon spread to Germany and this would reduce the effect of the Treaty. A final point that supports the statement of Lenin consolidating his power due to the weakness of his opponents was due to the fact that Lenin had good leadership qualities. An example of this would be that the Bolsheviks were highly disciplined party that was fiercely loyal to Lenin and was also a politically astute man. Lenin was able to adapt Marxism to fit the changing situation, keeping Bolshevik support and popularising the parties polices. Furthermore, another advantage was that radical parties were very popular in Russia before the October Revolution and Lenin was skilfully able to take some of theShow MoreRelatedComparing Lenin s Manuscript, State And Revolution871 Words   |  4 Pages Lenin’s manuscript, State and Revolution, was written during the first inter-imperialist war and published on the eve of the Russian Revolution. This text can be seen as crucial to the socialist movement and the shift of 20th century Russian ideology. The whole of Lenin’s argum ent is a manifestation of Marx and Engels theories about the existence of the State and the role of government in society. State and Revolution is a purportedly theoretical reflection of how the State is an inherent tool forRead MoreHow Successful Was Lenins Attempt to Create an Alternative Modernity in Russia by 1929?830 Words   |  4 PagesHow successful was Lenin’s attempt to create an alternative modernity in Russia by 1929? Overview The aim of this essay is to discuss how successful Lenin’s policies were in his attempt to create an alternative modernity in Russia by his death in 1924. By scrutinizing his actions and their individual impacts in relation to the desired modernity, historians can assess whether Lenin achieved the socialist dream he sought for. I will break down the essay into three components from which I can individuallyRead MoreStalin‚Äà ´s rise to power and his Key Domestic Policies1327 Words   |  6 Pagesbroke out, resulting in the abdication of the Tsar, resulting in a provisional government being formed. 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He very cleverly switched between the left wing and the right wing, by making alliances with one wing the suddenly breaking with them, only to join the other wing, going against everything that they hadRead MoreDid Lenin Lead to Stalin? Examine the Elements of Change and Continuity Within Soviet Russia 1917-1941.1369 Words   |  6 PagesThe 1917 Bolshevik Revolution was the seizure of power by the radical Marxists led by Vladimir Lenin and was one of the pivotal moments of the 20th Century. The ramifications of the event, and the subsequent establishment of the worlds first Communist regime were immediately obvious, but also had continuing repercussions for decades. This essay will argue that although Lenin and Stalin seemed to have conflicting views, in reality they shared very similar policies; Stalin just took these policiesRead Moreâ€Å"Stalin’s Position as General Secretary Explains His Success in Defeating His Rivals in the Years 1924-1929† How Far Do You Agree with This Statement?779 Words   |  4 PagesIn this essay I will discuss whether Stalins position as General Secretary was the most important factor in his seize of power. Stalins position as General Secretary was very important as it gave him control over the whole party machine. But there were also other factors that proved to be very important. This essay will attempt to assess the relative importance these factors. Stalins position as General Secretary proved to be very important in his seize of power for many reasons. One reason forRead MoreEssay #2. After The Russian Revolution, There Was A Lot1229 Words   |  5 PagesEssay #2 After the Russian Revolution, there was a lot of confusion on how to establish institutions strong enough to rebuild and hold the state and society together. An issue with Marxism is that it is is not a theory of governance, rather a theory of how to bring a socialist regime into power—hence explaining the lack of guidance. At this time, Lenin took control. But after his death, the Russians were once again faced with appointing a leader to direct them. The domestic and international conditionsRead MoreStalins Emergence as Leader Essay1091 Words   |  5 Pages Jan 21, 1924 Russian revolutionary Vladimir Ilyich Lenin died at age 53 and a major struggle for power in the Soviet Union began. A triumvirate led by Joseph Stalin succeeded Lenin. By 1928, Stalin had assumed absolute power, ruling as an often brutal dictator until his death in 1953. But how is it that Stalin emerged as the new leader of the Soviet Union. In this essay I am going to explore the reasons to how and why this happened. Stalin held a very powerful andRead More‚Äà ºto What Extent Was the Rise to Power of Stalin Due to Personal Appeal and Ability‚Äà ¹?1222 Words   |  5 Pagesâ€Å"To what extent was the rise to power of Stalin due to personal appeal and ability†? Lenin died in January 1924 and Stalin emerged to power in 1929. Stalin has been described as a â€Å"grey blur† that rose to power. It’s quite hard to pin point the main reasons how Stalin got to power. Some historians may say that Stalin was lucky that he got to power and he benefited off events such as Lenin’s death and that his rival’s weaknesses such as Trotsky who was considered likely successor to Lenin, but TrotskyRead MoreComparing Vladimir Lenin s Eyes And A Capitalist Society1571 Words   |  7 PagesThe popular, the majority, the working class, the predominant, the masses. There are countless terms available to describe who has the most socio-political power, the most weathered; the proletariats. In Vladimir Lenin’s eyes, in a capitalist society a proletariat is the term used to describe the working class, the class that does not have ownership of any means of production(land and capital) and whose sole income source derives from labor. The minority, who own the majority of the wealth, the