Analysing Information and Data for Problem Solving - Free Essay Example

Sample details Pages: 3 Words: 994 Downloads: 8 Date added: 2019/10/10 Did you like this example? As per the above graphs, it is notable that high profit is achieved when the CDs are sold through the website and the post. Also, there is a considerable profit once the CDs are distributed at venues where Jonnie was playing live at specific venues. This means that Tribute Ltd should majorly focus on increasing the number of CDs sold through the post as well as those distributed during live performances. Don’t waste time! Our writers will create an original "Analysing Information and Data for Problem Solving" essay for you Create order The company should also reduce the number of CDs categorized as complementary as they do not bring any profit. In this category, there should be a maximum of 100 CDs. However, the complimentary CDs are essential for promoting Jonnies music and the company at large. Task 1 a) By combining the two sets of data, in this case, it is worth noting that most of the consumers take at least 2 minutes to listen to Jonnies music. Regarding age, the key consumers of Jonnies music are between the age of 61 and 75 years old as it shows a high number of attendees in the Brighton Mall and the Theatre. Most importantly to note is that the females seem to like Jonnies music compared to the males. b) Bias refers to any inclination which hinders fair consideration of data (Flamm and Luisi, 2012). Understanding bias ensures there is a critical and independent review of the data collected and avoid cases which are suboptimal or potentially unacceptable (Fowler, 2009). Bias in data collection occurs when there is an error in the measurement of an outcome or exposure. For that reason, the information recorded and obtained from different study groups is unequal in some way. A number of cases regarding information bias arises due to the researcher bias, chronology bias, prejudice from misclassification of people, and performance bias. c) To ensure that the data collected is reliable and fair to all parties, I could gather information in diverse locations, where possible, to provide samples that are adequate for detailed analysis, for support of researchers, and for broad distribution of findings, including giving out of useful formats. In most cases, the problem of biases is subject to the method used to collect the data. Perhaps for this case, I could prefer observation and survey, which are appropriate methods for reliable information. Also, timing is a critical aspect of data collection (Holliday et al., 2015). I could focus on the schedule of data collection at diverse locations where Jonnies music was being performed. It could be important to coordinate the data collection efforts with the availability of the information required. For instance, data could be recorded after the event begin and during the whole performance interval. Task 2 a) As per the table, the preferences of purchasing and listening differs considerably in between ‘young at heart (YAH) and seniors (SEN). It is notable that SEN has a low preference in both categories of purchasing and listening. On the other hand, YAH has a distributed preferences between 1 and 5. b) Concert seems to be the best place where both YAH and SEN purchase the music. However, YAH has a strong preference for buying the music online compared to SEN. It is important to note that SEN prefers to purchase the music in retail than YAH. Besides, YAH prefers to buy the music through their phone and email as compared to SEN who have a slight preference. As far as listening the music is concerned, live performance seems to be the best place where YAH and SEN prefer. Nevertheless, YAH has a strong preference of attending the live concert to listen to the music than SEN. An average preference is exhibited in digital listening, where only few SEN prefers it, and most of the YAH have an average preference. c) Appropriateness is the validity of a research question for the desired outcome and whether the methodology or design is appropriate for answering the research question (Holliday et al., 2015). For the interns survey research, the method used is valid as it enables detection of findings or phenomena, with due regard to social and contextually variable. The procedures used are appropriate for the research paradigm; hence the data collected is valid. The survey reveals differing preferences of customers whereby most of them prefer digital music and prefer to buy the CDs during the live concert. This is the same case as far as listening preferences are concerned. The fact that people, especially YAH, prefer attending the live performances means people still have a strong passion for music. In fact, the study points out that listeners are spending more money and more time on Jonnies music. d) In order to generate higher quality data, I would ensure there is the proper engagement of the respondents. Also and just as important, I would focus on designing surveys that ensure appropriate participation of the respondents. By using an advanced survey tool, there will be no personal bias when interpreting the data. This will be a suitable step toward enabling respondents experiences and the quality of data generated. As Wyse (2012) assert, quality data can only be obtained through questions that concentrate on the research objectives and restrain the number of open questions in the survey. This would be one of the key concern in my survey. Task 3 Nostalgia marketing is a perfect method to distribute Jonnie Jones music. It is notable that, because of their moderately higher purchasing power, the seniors (SEN) signify a viable market for tribute music that the company must not disregard. Perhaps, the number of SEN preferring digital music will undoubtedly increase. It is significant that Tribute Ltd brings into line its marketing strategy with the preferences of both ‘young at heart (YAH) and SEN. Notably, a joint strategy that integrates both nostalgia marketing and digital technologies can be worthwhile to Tribute Ltd. This is due to the fact that the targeted consumers can quickly distinguish Jonnies music. Even though internet usage by senior people will remain a fundamental problem in the anticipatable future, the long-term opportunities are, however, quite rewarding.

Regulations Reality T.V. Protection or a Waste

Reality television has been a burning fury of opinions as of late. Regulations are in question for this topic. This type of programming should be forced to have limitations. Drawbacks to regulations or reality T.V. are That they limit the reality of everyday living, viewers will not get a true experience of enjoyment; benefits would include regulations that are necessary, such as the limitations of bad influences on children, the less suggestive topics; the better T.V. quality actors, and shows will be made, and show on television. In an article it states that shows such as â€Å"Survivor† are claimed too be unregulated due to its content. When its characters are signed to the shows, they are legally binded to the shows rules, and contracts,†¦show more content†¦is drama. Inevitable in our world today. A minimization of drama would be awesome. What better way would we be able to do this than reality T.V. If is a person is against this make them think about it in a per son perspective. â€Å"The FCC regulates what we see on T.V., but the shows are prohibited from rigging of any kind, exploiting children, and other such things as nudity and language that are not censored.† (Nutt, 2) Going back to the self-perspective view if you were on a television show. How fair would it be to on a show and t is rigged against you. So though it may not be you all the time how many times have you been rooting for a person on a show, and they get popped off. Now how real is that reality show you watch. Now why wouldn’t you want a regular show. Who cares if have a special relationship with a certain contestant. T.V. needs real shows, and all the benefits that come with it. The history of television is a good example of why people were better back in the good ol’ days, â€Å"†¦ After the courts forced the FCC to lower regulatory barriers. There after, the cable business grew quickly†¦Ã¢â‚¬  Lets stop to see the problem at its instant, so after FCC put down its regulations what happened a lot of growth. â€Å"†¦ growing from 650,000 subscribers in 1960 to 4.5 million in 1970, to over 50 million in 1990. During the same period, new cable-only stations, such as the HBO movie channel, the ESPN sports channel, and the all news CNN, began to offer programmingShow MoreRelatedWhy Is America Going Organic?1597 Words   |  7 Pagespublic. (3) Remember from earlier, this is a billion dollar business. For the two apples I purchased, one apple cost $0.85 and the organic one cost $2.34 and it wasn’t much bigger in size. (1) I often wonder, what started organic foods and reality T.V? Why do Americans think that their child will obese if he enjoys candy or get cancer if her doesn’t eat organic? It amazes me the multiple bandwagons American will jump on, but we will never let our cell phones go. No matter how many studies comeRead MoreCancer Prevention Through Macrobiotics3900 Words   |  16 Pageslast twenty years. This is due, largely, to the increasing rates of degenerative diseases. Several years ago it was estimated that one out of two people would develop cancer by the year 2020. (Macrobiotic, 9) Unfortunately, this percentage is now a reality for the male population. Women are close behind with a one in three chance of developing cancer at some point in their lives. (ACS Web Page) We are in dire need of a solution to the modern health crisis. Some feel that doctors and scientists willRead More Cancer Prevention through Macrobiotics Essay3882 Words   |  16 Pageslast twenty years. This is due, largely, to the increasing rates of degenerative diseases. Several years ago it was estimated that one out of two people would develop cancer by the year 2020. (Macrobiotic, 9) Unfortunately, this percentage is now a reality for the male population. 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Death in A Good Man is Hard to Find Samples †MyAssignmenthelp.com

Question: Discuss about the Death in A Good Man is Hard to Find. Answer: Comparative study The following paper delivers a comparative study on the topic of death is portrayed in two of the books. The books that have been selected are A Good Man is Hard to Find by Flannery OConnor and Cask of Amontillado by Edgar Allan Poe. The theme of death will have to be compared in this paper (Curley 37). This issue of the end will have to be handled by examining the ways this has been shown in these two books. Death has been confirmed as a sensitive issue in the literature that puts a negative impact on the human mind. The pity or compassion has been shown in most literature pieces for a long time as well. A theme of death in A Good Man is Hard to Find In the story A Good Man is Hard to Find, the theme of death has been considered as a theme by which the character is tested, and opportunities for compassion are presented. In this short story, a continuous war had been portrayed between good and the evil. The serial killer introduced in the story named Misfit has been having been convicted, and the grandmother has been characterized as the embodiment of goodness (DiSanza 194). Grandmother has always been of the opinion that she has been selfish and her thoughts have been shallow. She believed that death is the only way by which she could get the goodness. The end of the old grandmother is ultimately the way of portraying the evil of Misfit and contrasting it with the virtue of her. The grandmother has always held up to the Christian mystery that has been her great victory over the evil (Popescu 1). This is why death has been presented as the barrier between the good and evil in this short story written by Flannery OConnor. The mothe rly compassion of the grandmother has been the significant thing in this short story A Good Man is Hard to Find. The theme of death in Cask of Amontillado This short story has portrayed death in a terrible way. This has been very much frightening from all the aspects since the end has been depicted with the corpses and the bones. This short story has been regarded as the last short story written by Edgar Allan Poe. The central theme of this short story is revenge or retribution. He has used the irony all through the story indeed. The aspect of guilt has been discovered in this story (Rizzo 148). The character of Montresor has been shown as the one who asks for the revenge in the best manner. He goes on to take revenge on other aspects to reinstate his pride, personal and familial. These issues will have to be considered when discussing the theme of death in this short story. In both these stories, death has been present in different aspects. The first one shows the difference between good and evil and the second one teaches the revengeful psychology. References Curley, Edwin. "A Good Man Is Hard to Find."The American Philosophical Association Centennial Series(2013): 37-55. DiSanza, Raymond. "On Memory, Forgetting, and Complicity in The Cask of Amontillado."The Edgar Allan Poe Review15.2 (2014): 194-204. O'Connor, Flannery.A good man is hard to find. New English Library, 1962. Poe, Edgar Allan.The cask of Amontillado. The Creative Company, 2008. Popescu, Andreea. "Immolation of the Self, Fall into the Abyss in Edgar Allan Poes Tales."Partium Journal of English Studies(2012): 1-8. Rizzo, Therese M. "The Cult of Mourning."Poe in Context (2012): 148-156.

Capital Budgeting Techniques and Sensitivity Analysis

Question: Discuss about the Capital Budgeting Techniques and Sensitivity Analysis. Answer: Introduction: Sensitivity analysis can be understood as research of the uncertainty within the production of a mathematical model or system that can be allocated to several uncertainty sources within its inputs (Ai, Croce and Li 2013). Sensitivity analysis serves as techniques employed for determining the ways in which several values of certain variable impact on a a dependent variable within a specific cluster of assumptions. Sensitivity analysis is generated for analyzing the impact that the great range of variables has on the desired outcome. This analysis is relied on the variables effecting valuation that a financial model can indicate through employing the price and EPS variables (Borgonovo and Plischke 2016). For instance, Apple Inc employs sensitivity analysis along with the consideration of long-term cost of capital. Sensitivity analysis that is employed by Apple Inc serves as a technique of evaluating alterations in particular projects NPV or the IRR for the given change within one of the variables. This signifies the extent to which a project is NPV or IRR is sensitive for a considered change in one among the variables (Fujimori et al. 2014). Apple Inc considers that the more the NPV of a project is sensible the more critical can be the variable. The following steps are deemed associated with the implementation of the sensitivity analysis that is mentioned under: Definition of the underlying relationship among the variables Evaluation of the impact of the alteration of the changes in all the variables on the projects NPV Reorganization of all the variables that has an impact on the NPV and IRR of certain projects Sensitivity analysis of the efficiency criteria for the purpose of investment project analysis serves as the calculating technique of researching and deciding the impact of changes in the individual values considered on the investment project analysis (Gospodinov, Kan and Robotti 2014). Apple Inc stated that strong implementation of the sensitivity analysis within the investment decision-making under certain uncertainty situations includes numerous major input parameters like the income, investment value, costs, discount rate in accordance with the impacts and effects of the alterations of these parameters (Kuehn, Simutin and Wang 2016). This is on the values of numerous basic criteria that can be considered as investment decision-making process namely the criteria of internal rate of return, net present value and the payback period. Sensitivity analysis serves as major criteria for the evaluation of investment projects serves as extremely complex process. With the help of the sensitivity analysis, the investors will be capable to obtain a great number of information regarding the impact of the input parameters on the criteria those are examined for conducting effective investment decision-making (Lee and Su 2014). Apple Inc stated that information can also be gathered regarding the impact of input parameters based on the criteria value that can further enhance investment decision making. Capital budgeting serves as a process though which investors determine which projects to select. Sensitivity analysis offers superior insight for the investors to take effective business decisions. Scenario Analysis Scenario analysis serves as the technique of evaluating likely future events through taking into account certain alternative possible outcomes. For this reason, for Apple Inc. scenario analysis can serve as a technique that can be the major form of projection, which does not attempt to indicate one accurate picture of the future (Mnster et al. 2014). Scenario analysis acts as a technique of anticipating the expected portfolio value that is in response to certain unfavorable event and might be employed to analyze theoretical worst-case circumstances. Moreover, scenario analysis serves as a process in order to ascertain and evaluate the likely events that can take place in the upcoming years. This serves as a vital tool that is increasingly used in making projections over the upcoming years (Rangvid, Santa-Clara and Schmeling 2016). Scenario analysis is increasingly associated with capital budgeting techniques. An investments scenario analysis might include the following steps: Revealing the best-case output within most suitable value for all the inputs is an option of scenario analysis. For instance, Apple Inc considers that at the time of calculating net present value, the most suitable value for discount rate is used along with considering likely cash flow growth along with lower tax rate (Tian 2013). With implementation of effective capital budgeting techniques such as NPV and IRR, it can be stated that scenario analysis is a model output that is calculated for over an ample scenarios. Scenario analysis is widely employed in order to estimate proper investment value in several situations. Scenario analysis is greatly used in taking investment decisions through implementation of capital budgeting techniques like NPV and IRR (Zabarankin, Pavlikov and Uryasev 2014). For Apple Inc, scenario analysis was deemed most vital techniques for evaluating risks associated with the investment projects. The scenario analysis served as the techniques those are used by investors along with using the discount rates must be used for projects with several risks. Capital Asset Pricing Model Capital Asset Pricing Model (CAPM) is a model employed for theoretically determining suitable asset based rate on return in order to make decisions regarding adding assets within an efficiently diversified portfolio. Capital asset pricing model explains the prediction of the relationship that can be observed within the risk associated with asset along with its expected return (Ai, Croce and Li 2013). Taking into consideration that the Capital Market Line (CML), the market portfolio is deemed to encompass segmentation of all the risks assets. This is done through employing the market value of the assets in order to determine the weights (Borgonovo and Plischke 2016). The CML line is deemed to be arrived from CAPM that decides the anticipated return at numerous risk levels. In the capital asset pricing model, CML is only applicable only in case of an investors final portfolio and in the world of CAPM; the investors are likely to hold portfolios that rely on the CML. In CAPM, the capital market line is deemed higher than the efficient frontier as it focuses on the consideration of the risk-free asset within a portfolio (Fujimori et al. 2014). The capital asset pricing model signifies that market portfolio is majorly the efficient frontier. The assumptions of CAPM are deemed unrealistic and such reality simplification is vital for preparing useful models. Tolerance of the CAPM models assumptions that facilitates derivation of a well built, idealized through a model of manner within which the financial markets gauges risk and changes it within anticipated return. The capital asset pricing model indicates that the market portfolio serves as efficient frontier (Rangvid, Santa-Clara and Schmeling 2016). Within the CAPM, the securities are priced so that the anticipated risks counterbalance the decided returns. There are two aspects within the CAPM model, which requires generating Capital Market Line. The capital market line indicates the investment returns of an investor for a particular portfolio. The capital market line employs the CAPM formula in order to calculate the anticipated return of a portfolio or security (Rangvid, Santa-Clara and Schmeling 2016). CML serves as the graphical representation of the CAPM formula. It explains the relationship between the systematic risk and expected return related with a portfolio. The CAPM formula that consists of formula on capital market line is helpful in deciding whether a security can be considered for effective investment decision making. The association between the CAPM formula and capital market line are indicated in the formula below: is deemed to denote the point associated with the market portfolio (M). All the portfolios selected by a rational investor are deemed to have a point that relies on the capital market line (Mnster et al. 2014). Considering this formula, it can be said that the CAPM model can be employed in order to measure the systematic risk associated with a single share. Moreover, the transformation line, which remains tangential to the efficient set along with having intercepted within risk-free rate Rf, is the capital market line. This defines that a particular composition of the risky assets those investor wishes to hold. This is deemed as market portfolio (M). Moreover, CML serves as the transformation line, which is observed to be tangential with the efficient frontier (Mnster et al. 2014). Capital Market Line Capital Market Line (CML) serves as a line that connects returns with no-risk investments along with overall market returns (Zabarankin, Pavlikov and Uryasev 2014). The difference between efficient frontier and capital market line is that capital market line involves less risk investments ad all the portfolios within it are efficient frontiers. Capita market line is employed in order to analyze the performance of portfolio. Certain points below any other point within the line will offer decreased returns along with similar risks and for such reasons these are not ideal. Capital market line is deemed a measure used to analyze performance of portfolio. Capital Market Line (CML) is a graph used within the capital asset pricing models in order to signify rates of return within the market portfolio (Borgonovo and Plischke 2016). Capital market line explains rates of return for the effective portfolios those are relied on the degree of risk along with risk free rate of return for a particu lar portfolio. Capital Market Line initiates from considering the assumption that all the companys investors needs to possess market portfolio. Intensity of risk is deemed to be positively correlated to the anticipated return (Zabarankin, Pavlikov and Uryasev 2014). The Capital Market Line serves as the linear combinations of the risk-free asset and portfolio. Portfolios under the capital market line are deemed inferior that indicates new efficient set. Capital Market Line is observed to remain within the capital asset pricing model in order to indicate the rates of return for efficient portfolios likely to face the risk level for a market portfolio along with risk-free return rate (Borgonovo and Plischke 2016). The capital market line is generated through drawing a tangent line from the point of intercept on the efficient frontier to the situation where the expected return on a holding is similar to the risk-free return rate. The capital market line facilitates the investor in taking into account the risks of several additional assets within the remaining portfolio. The capital market line results from the association with the market portfolio along with the risk-free asset (Zabarankin, Pavlikov and Uryasev 2014). All the points in consideration to CML have increased risk-return profiles to certain portfolio within the efficient frontier with the exception of the market portfolio that serves as point within efficient frontier within which capita market line is a tangent. From the CML perception, such portfolio encompasses all the risky assets and has less holding on the risk free assets. As per CAPM, market portfolio signifies efficient frontier and this can be gathered as cluster of portfolios (Lee and Su 2014). The market portfolio in combination to the risk-free asset is able to produce an increased return than the efficient frontier. Therefore, it can be said that the combination of the market portfolio along with the risk-free asset leads to emergence of capital market line. The major techniques employed for project analysis are the NPV and IRR analysis. Sensitivity analysis considers the NPV and IRR of an investment project at the time more than one variable alterations (Lee and Su 2014). The idea that exists based on all the variables except the one evaluated and analyze the way sensitivity of the NPV or the IRR are to changes within that variable. Reference List Ai, H., Croce, M.M. and Li, K., 2013. Toward a quantitative general equilibrium asset pricing model with intangible capital.Review of Financial Studies,26(2), pp.491-530. Borgonovo, E. and Plischke, E., 2016. Sensitivity analysis: a review of recent advances.European Journal of Operational Research,248(3), pp.869-887. Fujimori, S., Kainuma, M., Masui, T., Hasegawa, T. and Dai, H., 2014. The effectiveness of energy service demand reduction: A scenario analysis of global climate change mitigation.Energy policy,75, pp.379-391. Gospodinov, N., Kan, R. and Robotti, C., 2014. Misspecification-robust inference in linear asset-pricing models with irrelevant risk factors.Review of Financial Studies,27(7), pp.2139-2170. Kuehn, L.A., Simutin, M. and Wang, J.J., 2016. A labor capital asset pricing model. Lee, M.C. and Su, L.E., 2014. Capital Market Line Based on Efficient Frontier of Portfolio with Borrowing and Lending Rate.Universal Journal of Accounting and Finance,2(4), pp.69-76. Mnster, J.G., Samuelsson, J., Kjeldsen, P., Rella, C.W. and Scheutz, C., 2014. Quantifying methane emission from fugitive sources by combining tracer release and downwind measurementsa sensitivity analysis based on multiple field surveys.Waste Management,34(8), pp.1416-1428. Rangvid, J., Santa-Clara, P. and Schmeling, M., 2016. Capital market integration and consumption risk sharing over the long run.Journal of International Economics,103, pp.27-43. Tian, W., 2013. A review of sensitivity analysis methods in building energy analysis.Renewable and Sustainable Energy Reviews,20, pp.411-419. Zabarankin, M., Pavlikov, K. and Uryasev, S., 2014. Capital asset pricing model (CAPM) with drawdown measure.European Journal of Operational Research,234(2), pp.508-517.