Midterm #2 is THURS 11/8/12 in lecture EBS 309: bring 100 question scantron & #2 pencil This exam covers material from lectures #9 (9/27/12) through #19 (11/1/12) Remember – you should take an ACTIVE role in studying – test yourself by trying to explain concepts to others or to yourself with no notes. Find a partner or group to study REGULARLY with – it is not pos sible to learn in 1 night! If needed‚ seek help with plenty of time before the test. Lecture #9 (9/27/12): Phytoplankton‚ Picoplankton
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Katie Ramkelawan Professor Feld Intro to Ethics 24 October 2014 Midterm Exam 2.On the issue regarding organ transplants that involves the allocation of scarce resources‚ and illegal organ trading‚ different ethical thinkers will have varying opinions based on the ethical theories they believe in. Utilitarians‚ for example‚ believe solely in the consequences of a matter‚ and believe that the end justifies the means of a cause. The idea of utilitarianism is to make as many people happy as possible
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Solution to Mid-Term Exam ADM 4348M Winter 2011 SPECIAL TOPICS IN FINANCIAL ACCOUNTING March 1‚ 2011 DMS 4140 17:30-20:30 Professor : Sheldon Weatherstone Duration: 3 hours Instructions 1. Non-programmable calculators are permitted‚ but you cannot share calculators. 2. Books and notes are not permitted. 3. Please do not ask the professor or the invigilator to explain or interpret questions. State any assumptions you feel are necessary. 4. Write your
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1. Question: (TCO A) Wages paid to a timekeeper in a factory are a: Your Answer: Prime Cost YES.....Conversion Cost NO Prime Cost YES.....Conversion Cost YES Prime Cost NO....Conversion Cost NO Prime Cost NO.....Conversion Cost YES CORRECT Instructor Explanation: Chapter 2 Points Received: 6 of 6 2. Question: (TCO A) A cost incurred in the past that is not relevant to any current decision is classified as a(n):
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FINA300 Fall 2011 Benedictine University 100 points Name: ___________________________________________________ 1) Which of the following statements is CORRECT? a. The New York Stock Exchange is an auction market‚ and it has a physical location. b. Home mortgage loans are traded in the money market. c. If an investor sells shares of stock through a broker‚ then it would be a primary market transaction. d. Capital markets deal only with common stocks
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There is an old saying that goes‚ “Even the best laid plans can go astray”. This statement basically means that even when something is done with the best of intentions and preparation; it can still produce completely different results than what was originally intended. In America’s school systems‚ there are many examples of things being done with the best of intentions‚ but yielding less-than-desirable results. One of the largest and most prevalent examples of this can be seen when looking at the
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I. PPF: Production Possibilities Frontier A. Scarcity B. Tradeoffs C. Growth D. Efficiency E. Opportunity cost F. Models are simplified versions of reality 1. Making some unrealistic assumption II. PPF Model A. Only 2 goods: computers and cars (don’t care about the cost yet) B. Resources and technological levels are constant C. Downward slope D. Moving to the right‚ more cars‚ less computers 1. Scarcity: more for one good‚ less for the other 2. Tradeoffs: not both‚ only either or E
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Multiple-Choice & True/False 30 Multiple-Choice and True/False questions. Please highlight the correct answer. Once completed submit it as an attachment to the Assignment Link: 1. The insight that both parties must be benefiting if they freely agreed to make a trade is known as the fundamental theorem of exchange. True 2. In a two-party transaction‚ consumers make up the demand side‚ while sellers make up the supply side. True 3. A recent study showed that 86% of those who filed for bankruptcy
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Deterministic techniques assume that no uncertain exists in model parameters. A: True An inspector correctly identifies 90% of the time. For the next 10 products‚ the probability that he makes fewer than 2 incorrect inspections is .736. A: Use Binomial table to discover ‚ add 3 probabilities for 0‚1‚2 A continuous random variable may assume only integer values within a given interval. A: False A decision tree is a diagram consisting of circles decision nodes‚ square probability nodes and branches
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logical fallacy- logic of your topic deductive-general to specific inductive- specific to general syllogism- structure for reasoning fallacies- error in reasoning adhominem fallacy- statement that attempts to counter an arguement slippery slope fallacy- statement that attacks an arguement by taking it to such un extreme taht if appears ludicrous either/or fallacy- two alternatives and falsely suggest that one is rejected‚ the other must be accepted false cause fallacy-asserting that if an event
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