...Standard Deviations in the Business World Ilyas Khairi QRB/501 March 22, 2015 Erica Woods Standard Deviations in the Business World Case 1 Purpose of the Study There has been a financial crisis happening around the world over the last decade. It is important to understand why and what is impacting the financial crisis and how it can be improved. Black Swans in this study are events that were the Achilles heel of financial models. There are usually 25 standard deviations evens that happen several days in a row. The purpose of this study is to discuss the implications of black swan events in asset pricing and risk management. Black Swan events disappeared for S&P Index returns are measured relative to standard deviation of the conditional S&P distribution. In this study a one day lagged VIX is used to provide an understandable measure of conditional S&P standard deviation (Marsh & Pfeiderer, 2012). The Research Question How did economists and others get it so wrong and what can be done to change it? Have risk modelers created an industry whose intense technical debates with each other lead gullible outsiders to believe that this is a profession with genuine expertise? Hypothesis "Extant models that properly encompass predictable shifts in investment risk ameliorate much of the alleged "black swan" problem and securities markets do in fact seem to be attuned to the risk of rare economic disasters and "price in" their risk"(Marsh & Pfeiderer, 2012...
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...| | |The Sluggers Come Home | | | | | | | | | | | |“The slugger’s come home” is an explicative and demonstrative video that represents an example of a negotiation process. It shows, from a baseball theme example, | |how does negotiation between 2 parties may work. While the video shows us the perspective of both parties, it also gives us some extra information about ...
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...governed by the Florida Rules of Civil Procedure. The following information is the process that will be followed during our preparation for your case. Once all relevant information concerning the circumstances surrounding your case, the next step will be performing legal research. My paralegal, name , “will be spending a considerable time researching, preparing documents, interviewing clients, and consulting with the attorney on civil litigations matters” (Cheeseman & Goldman, 2008). A litigation file will be created to put all relevant the documents and recording regarding your case. With everything about your case in a litigation file will help all parties involved in your case easy access to all the information about your case (Hames, Kerley & Sukys, 2009). Once all information is gathered and verified complaint will be drafted. The complaint will consist of the caption of the case, which is the heading, title, inscription and the allegation. The lawsuit will start once I file the complaint with the court in the correct Jurisdiction. If you have any questions please do not hesitate to call me,...
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...1. What gave the U.S. Supreme Court, a federal court, the right to review a Texas state law? The question was whether burning the flag was protected under the First Amendment right to free speech. The Supreme Court held that it was. The fact that a U.S. Constitutional right was asserted gave the Supreme Court federal jurisdiction. 2. Suppose that Johnson had burned a Texas state flag instead of the U.S. flag. * a. Would the U.S. Supreme Court have jurisdiction to hear the case? * b. If the Supreme Court did hear the case, do you think the decision would have been any different from this case? 3. The Supreme Court could hear the case and the result would more-than-likely have been the same because the actual issue was the Right to Free Speech under the U.S. Constitution, not whether the criminal law was state or federal. 1. What is the doctrine of separate but equal? “Separate but equal” doctrine announced by this Court in Plessy v. Ferguson, 163 U.S. 537. Under that doctrine, equality of treatment is accorded when the races are provided substantially equal facilities, even though these facilities be separate. “The doctrine first enunciated by the U.S. Supreme Court in Plessy v. Ferguson, 163 U.S. 537, 16 S. Ct. 1138, 41 L. Ed. 256 (1896), to the effect that establishing different facilities for blacks and whites was valid under the equal protection clause of the Fourteenth Amendment as long as they were equal.”1 2. What did the Court say about...
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...prosecutor initiating a suit, upon an individual or individuals for a wrongful offense that was deemed as a crime and was intentionally performed. The individual or individuals charged with the commission of a crime may be incarcerated, fined or both. “A crime is a social wrong or social evil punishable under the law also known as a criminal statute.” (Hames and Ekern, 2010) Most crimes in the United States are established by local, state and federal governments. Crimes include common law, felonies which are more serious offenses and misdemeanors the less serious offenses. No offense can me deemed as a crime if it has not been previously established as such either by statute set in place by the government or common law. All statues defining criminal intent can be broken down into three basic elements: mens rea also known as guilty state of mind, actus reus also known as the physical act by the individual or individuals and concurrence which is the relationship between mens rea and actus reus. Mens Rea The mens rea “depicts the state of mind indicating culpability of criminal intent, which is required by statutes as an element of crime.” (Hames and Ekern, 2010) According to the Model Penal Code (a collection...
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...1-Police have charged people with a string of offences after an early morning fight outside a Kalgoorlie bar. Officers were called out after reports of people fighting outside the Maritana Street bar about 2.30pm. Police arrived to find an injured man lying on the ground. He had suffered minor injuries and was treated at the scene. "While police were attending to the man, it is alleged another male entered an unlocked police car and drove off," a police spokeswoman said. "It is further alleged the man drove the stolen police car along Boulder Road before stopping and collecting a 15-year-old female passenger." It is alleged that the occupants of the stolen police car drove through the streets of Boulder and ran down street signs and street furniture. Police found the car on Keegan Street and it was followed until the offenders abandoned it on York Street, police allege. The alleged driver and passenger were apprehended nearby. A 35-year-old Piccadilly man has been charged with stealing a motor vehicle, reckless driving, failing to stop and having no authority to drive. He has been remanded in custody and is due to appear in Kalgoorlie Magistrate's Court on March 3. A 15-year-old Somerville girl has been charged with stealing a motor vehicle. She is due to appear in Kalgoorlie Children's Court next month. Four men aged between 22 and 28 years of age have been charged with disorderly behaviour in public and are due to appear in Kalgoorlie Magistrate's Court on March...
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...interaction with educators, family or by media it can help further a child’s social development as well. When Jara’na psychosocial development of social grows and his emotions strengthen, Jara’na then begins to gain trust and form relationships with people that he can learn from. Beginning from when he was a baby his family have helped Jara’na with building up his gross motor skills. Gross motor skills are large movements of the legs, arms or entire body (Hames, 2016). From major development of gross motor skills Jara’na has learnt how to keep a strong balance; which is called dynamic balance. This is shown when Jara’na is seen helping his parents with the groceries. While he is helping, he keeps a strong steady balance as he knows how to bend his knees, extend his arms and the motion of his entire body lifting up an item to his father. Once a child has gained control of their gross motor skills, children can then start to learn how to use their fine motor skills. Fine motor skills is are smaller actions of the fingers and toes (Hames, 2016). This is development has been learnt when a child either seen pointing, pinching, strengthening their grip control, scribbling, stacking blocks or drinking from a cup. Jara’na from an early age begins to develop a number of these smaller actions through the films. In video one (ABC TV & Heiress FIlms, Life series, 2015), Jara’na is seen sitting at the table and being encouraged to feed himself. While feeding himself the use of his ‘pencil grip’...
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...lovely reason at a lovely time from a lovely mind in a lovely mood in a lovely style…, now give and send me a lovely smile. A sardar was climbing on tree. He saw a snake hanging on the tree. He told to the snake ‘ sirf latakne se height nahi badhegi… mummy ko bolo complan pilaye… Utre jo zindagi ki gehraiyon mein hum… Mehfil mein rehkar bhi rahe tanhaiyon mein hum… Diwangee nahi toh aur kya kahe… Insaan dhundte rahe parchaiyon mein hum…! Simple music can make you sing, Simple hug can make you feel better, Simple things can make you happy, Hope my simple ‘Hi’… will make u smile…! It is said that when you laugh You are praying to God… But when you make others laugh Then God himself prays for You…! Aansu mein na dhundna hame… hum tumhe aankhon mein mil jayenge… Tamanna ho agar milne kit oh band aankhon se bhi nazar aayenge…! 1 day a boy asked his girlfriend to marry him. The girl gave him the challenge to live a day without her…only then she will marry him. No communication was there between them for 24hrs. The boy didn’t know the girl had only 24hrs. left because she was seriously ill. After 24hrs. the boy went to the girl’s house holding a ring. He was surprised to know that she’s dead. She left a letter for him saying “ You did it and you can do it again and everyday, my love”. Value of a relation is not how much one feels happy with someone, but it is the loneliness that one feels without that someone. Law professor asks the student- “ Which is...
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...The Structure of the American Legal System I. The purpose of this paper is to describe the organization and structure of the American legal system by defining the roles of the federal and state governments as follows; The role of the federal government, the role of the state government, the shared roles of the federal and state government, the Supremacy Clause, and what happens when there is a direct conflict between federal and state laws. II. Role of the Federal Government Over two hundred years ago, our founders designed the United States to be governed under a system of federalism. The Cornell University Law School defines federalism is a system of government in which the same territory is controlled by two levels of government (2014). Specifically, in the U.S. the two levels of government are the federal or national level, and the individual state level. The creation of this system was deliberate as to eliminate the opportunity for any one person, and or branch of government, from having too much power over the country; consequently undermining the system of democracy as a whole. a. The national level of authority is known as the federal government, and has powers over the nation as a whole. The federal government is given express powers, of specific design, from the constitution itself. However, the branches of the federal government are also afforded the opportunity to interpret those powers in each circumstance that may arise, these are implied...
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...software is overlooked by many. Purchasing software does not mean that one owns the software and can use it anyway they want. You do not own the software. The only thing purchased in this case is a license to use the software. Upon using the purchased software, the purchaser accepts the terms and conditions that apply. By accepting the terms of the copyrighted material, one is agreeing not to use the software for anything other then the intended use and not to make and distribute copies to others who have not paid for the license. The only exception for making copies of software is for backup purposes. This type of exception is known as a “fair use” provision (Hames, 2010). Under this provision one can make a backup copy for their personal use only and cannot loan or give the disk to a friend or colleague (Hames, 2010). A lot of people view software as just computer programs, but software can also be CDs and DVDs. It was estimated in 1999 that one in every four CDs sold was an unauthorized copy, and in 2001...
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...The Journal of Values-Based Leadership Volume 8 Issue 1 Winter/Spring 2015 Article 6 January 2015 Favoritism: Ethical Dilemmas Viewed Through Multiple Paradigms I-Pang Fu Pennsylvania State University, ipangfu@psu.edu Follow this and additional works at: http://scholar.valpo.edu/jvbl Part of the Business Commons Recommended Citation Fu, I-Pang (2015) "Favoritism: Ethical Dilemmas Viewed Through Multiple Paradigms," The Journal of Values-Based Leadership: Vol. 8: Iss. 1, Article 6. Available at: http://scholar.valpo.edu/jvbl/vol8/iss1/6 This Article is brought to you for free and open access by the College of Business at ValpoScholar. It has been accepted for inclusion in The Journal of Values-Based Leadership by an authorized administrator of ValpoScholar. For more information, please contact a ValpoScholar staff member at scholar@valpo.edu. Favoritism: Ethical Dilemmas Viewed Through Multiple Paradigms I-PANG FU, M.ED. SMEAL COLLEGE OF BUSINESS PENNSYLVANIA STATE UNIVERSITY Favoritism is a controversial issue in many cultural settings. Related terms include nepotism and cronyism; all three are identified with misconduct in the merit-based business world. The flip side is ethics — the principles of conduct governing an individual or a group (MerriamWebster, 2012). According to John Dewey (1902), “Ethics is the science that deals with conduct insofar as this is considered to be right or wrong, good or bad.” Since favoritism is perceived...
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...governed by the Florida Rules of Civil Procedure. The following information is the process that will be followed during our preparation for your case. Once all relevant information concerning the circumstances surrounding your case, the next step will be performing legal research. My paralegal, name , “will be spending a considerable time researching, preparing documents, interviewing clients, and consulting with the attorney on civil litigations matters” (Cheeseman & Goldman, 2008). A litigation file will be created to put all relevant the documents and recording regarding your case. With everything about your case in a litigation file will help all parties involved in your case easy access to all the information about your case (Hames, Kerley & Sukys, 2009). Once all information is gathered and verified complaint will be drafted. The complaint will consist of the caption of the case, which is the heading, title, inscription and the allegation. The lawsuit will start once I file the complaint with the court in the correct Jurisdiction. If you have any questions please do not hesitate to call me, 1.800.432.9876 and we can sit up a time for a conference call or an in person meeting. Ms....
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...American Legal System: Federal and State Governments and the Supremacy Clause Sarah Sayegh Professor McElligott 15 January 2015 Unit 3 “We the people of the United States, in Order to form a more perfect Union…” Drafted in Philadelphia in 1787, the United States Constitution has been the founding legal document of our government. One preamble, seven articles and twenty-seven amendments have allowed for our nation to prosper and grow. Following the principles of federalism, the federal government and state governments coexist and make laws within their own designated territories. The organization and structure of the American legal system is based on federalism, which allows our country to be controlled by two levels of government. While the federal government controls military powers, declares war, prints money etc. the state governments are designed to handle less severe but still crucial situations such as, regulating interstate commerce, conduct elections, establish local governments, set up schools etc. Such a strong organized government has created fairness, structure and most importantly freedom as both the federal and state governments work within their means and support each other. The US Constitution divides the federal government into three branches, the legislative branch, executive branch and judicial branch. In doing so, it ensures a government in which no group gains more power then the other. The legislative branch creates the laws in which we abide by...
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...International Marketing Environment International Marketing Professor Coleen James Brandy Gates July 27, 2012 Role of Government in International Trade The government’s role in international trade is to facilitate the international marketing efforts of local companies which are aimed to target the world market. First, the government can fund and supervise the gathering of considerable market information that is required to determine whether the specific products consumed in those countries are consistent with a state’s comparative advantage. The government can also conduct studies on how rising economic growth in other countries will have considerable implications for local corn, wheat and soy producers which could help the other countries meet their growing feed and vegetable oil demands (Gupta, 2010). The government can also offer international market-matching events to assist the local producers to bring their produce to the international market and interact with the prospective foreign buyers. The government can also carry out multiple sponsored market researches and business discovery surveys on specific agricultural and industrial products. These technical studies will help determine the appropriate marketing strategy as to whether a market niche might be created for a particular product, or whether the local producers could supply a different product with the same high...
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...The merit system is the process of promoting and hiring government employees based on their ability to perform a job, rather than on their political connections. Federally, it was instituted by the Pendleton Civil Service Reform Act. It is the opposite of the Spoils system | | | | |An example is hiring or promoting relatives solely because they are family members, with no consideration of the qualifications | |or merit of other job candidates or employees. | |Nepotism in the Workplace | |Workplace nepotism is not unusual, especially at smaller companies and non-profits in the private sector. | |The obvious reason aside, it's not unusual likely because there is no universal "nepotism law" at the Federal level that | |prohibits it in all states. Several state legislatures and city councils have passed nepotism laws (or anti-nepotism laws, as | |they're sometimes called), but typically only in regard to public-sector employment. | |However, the consequences of nepotism...
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