...that the true value of the unknown proportion lies inside it. How would you explain 95% confidence to a layman? Suppose a professor of IIMA thinks that true proportion is 0.3. Are you ready to accept the professor’s perception based on your data at 99% confidence level? Solution – 1 Sample Size n = 100 (male smokers) p = 0.2 Sd (P) = √(pq / n) = .04 95% confidence interval of p = 0.2 ± 2 x 0.04 = 0.08 to 0.32 Explanation to a layman – 95% confidence means that if the sampling experiment i.e. selection of random samples of 100 male smokers in the present problem, is repeated large no of times, 95% of the times the interval will include the true value of p (0.2) or the sample proportion of smokers in present example and 5% of the times the interval may not include the true value of p (0.2) or the sample proportion of smokers in present example. 99 % confidence interval of p = 0.2 ± 2.58 x .04 = .04 to 0.35 Based on our data, as the true proportion of 0.3 thought by the IIMA professor lies in the 99% confidence interval, we can accept IIMA Professor’s perception. 2. A week before presidential election in USA, suppose a news agency wants to predict who is going to win (Democrat or Republican)? In order to predict, they collected a random sample of size 10000 individuals nationally and found 5100 of them intend to vote for Democrat. Based on the data could you claim with 95% confidence that Democrat would win? Could you claim the same if the...
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...likely wants to split from the Union. So Lincoln attempted to keep a moderate position. 2. Lincoln contended that Douglas' ultimate goal was with regard to the expansion of slavery within the country. While Lincoln argue that equality was for all people, Douglas argued strongly against him. However no matter how much they argued both knew that abolishing slavery would be hard because it was such in demand especially in the South. Lincoln contended that Douglas' ultimate goal was with regards to extend slavery. 3. During the debate each man accused the other one about certain things. In this debate Lincoln accused Douglas of not following with Dred Scott decision. Douglas then accuse Lincoln of being wrong about his accusation. Both lies go hand in hand, during those debates each man accused the other of lying. 4. Lincoln asked whether the people of a territory could exclude slavery prior to applying for statehood. Douglas responded with the answer of yes, that prior to applying for statehood people with a territory could exclude slavery. 5. Douglas use the audience's racial fears to discredit Lincoln during the debate. The fear that the audience had was that one day black would be considered as equal to whites. This was the fear he used to discredit Lincoln. Douglas also referred to Lincoln's party as the black Republican Party. Douglas did this because he knew that Lincoln was a supporter of freedom of slaves as well as their equality. 6. Lincoln and Douglas differed...
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...income for office has been tied up in debate with congress over the immigration bill. Republicans want the congress to pass a bill that would finance DHS. The problem occurred when President Obama arranged a favorable act for the undocumented workers to reside in the country legally. On the other hand the democrats want a clean bill in the same issue. In the event of this department not receiving the clearance for their funds, it would be hard for Homeland security to work in its comfort zone. Homeland security takes care of all the legal issues that the undocumented workers are about to get through. But this has been a high debated issue by the democrats. The foundation after the 2014 midterm race, Obama reported he would permit undocumented migrants to apply to have their expulsions postponed for a long time in the event that they were the folks of kids living in the nation lawfully. The declaration irritated Republicans in Congress. They have declined to augment financing for the Department of Homeland Security past the end of this current month, when they put aside cash for whatever remains of the national government through the fall. In the interim, Democrats are blaming Republicans for betting with national security so as to progress toward their political objectives on migration approach. Republicans accuse the division's chaos for...
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...Enron---The Complete Perspective Introduction Ken lay founded Enron almost fifteen years ago and the foundation which was laid in a Houston town is now almost a $100 billion a year corporation. Top ten in the Fortune 500 list it runs in the same league as International Business Machines Corp. and AT&T Corp. Like all Multi National Corps. Enron has subsidiaries in India, China Philippines, a water company in Britain, pulp mills in Canada and gas pipelines across North America and South America. But the real power lies in the Houston area where it is the leading supplier for electricity and natural gas. As it rose to power it had plans to enter the fiber-optic cable, TV advertising time and wood pulp and steel market. Further, it also had political interest in the nation and like all MNC's lobbied behind its candidates in this case being Bush, who is now President. This seemed to pave the way for Enron's success and put it in a prime position for pulling the strings of power. Now, however, suddenly the power dynamics have changed. From being the top Corporation in the US and the world it is now fighting to retain its stock value. Assets have been pledged to the bank, creditors are scrambling for blood and company lawyers planned to file for bankruptcy. Most of the customers that Enron boasted off have long gone. From the point of creating power it has come down to the mercies of those in power. The company had approximately 21,000 employees all in dire straits as their future...
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...annihilation'. As an example of this he refers to the presidential election of 1992. Normally , press conferences are called when political matters arise. The conference mentioned was called by the conservatives. Paula Jones came forward and accused Bill Clinton of sexual harassment; apparently Mr. Clinton made 'unwelcomed sexual advances" He continues to point out that these are the same conservatives that only a few years earlier had denounced the idea of sexual harassment as 'feminist invention'. It is acts like this that are aiding in the 'moral annihilation' of politics. The overall impact of such politics is undermining the intelligence of the American populous by turning political campaigning into a childlike power struggle. Both the Democrats and Republicans have reverted to a state of guerrilla media warfare. Every time election year rolls around we begin to hear the usual complaints of how politics is morally corrupt. It typically means we get to see the superficial image-oriented campaigning, negative attacks against one's opponent, and the thirty-second spot commercials that intrr upt our favorite sitcom. Experts note that the rates of political participation in the United States, as measured by the percentage of eligable voters who register and...
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...The second strategy discussed in Dick Morris’ book is triangulation. This political term goes back to the second half of former President Clinton’s first term in office. When the democrats lost control of Congress in 1994, Clinton found himself alone in the political arena. Clinton turned to his top advisor Dick Morris for help, who delightedly created the strategy of triangulation. Morris defined triangulation as taking the best of both worlds political ideas, for example taking ideas from democrats and republicans to come up with a third alternative design. With democrats residing to the left and republicans residing to the right a third option must be considered to stay in the center to accomplish a bipartisan policy. This technique requires to reject the ideas of extreme liberalism and the extreme conservatism in which to create a mix and match of solutions towards political issues. A political leader who attempts to triangulate will more or less position themselves in the center rather than to the far left or right. This allows any political figure to evade the downsides of classifying themselves as being too extreme, for example U.S. Senator Barry Goldwater was considered too far right wing conservative. Being too far left or too far right can distance a political figure from possible voters or other political figures....
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...Civil Rights Events Civil rights in the United States are assured undisputable rights retained under the Constitution by citizens of America. This liberty has been clarified and interpreted by the Supreme Court as well as lower federal courts. Civil rights can thus be defined as individual legitimate and established protection more efficient than a person, for instance, parts of the administration and other persons. The freedoms unequivocally characterized, make up the Bill of Rights, including the right to speak freely, the rights to privacy and the privilege to bear arms, there are likewise numerous freedoms of individuals not characterized in the Constitution, as expressed in the Ninth Amendment (Foner, 2008). Over time, the level of civil rights as well as the size of the population of American citizens who have had access to the rights has expanded. In several occasions, civil rights groups have demonstrated to demand the very rights. Black protests: There were many very successful attempts gearing to making lives of black people better due to discrimination from the white race. However, rights movements gave black people Constitution legal equality which illegalized segregation in public places like schools and workplace. Again black people were given the right to vote, and discrimination in housing was banned (Foner, 2008). With even this the black community never achieved economic equality and remained a disadvantaged group. Civil rights groups...
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...the 1950s. Wilson used the following quote to explain his views using President Clinton's 1993 budget, which "passed both houses of Congress without a single Republican vote in favor" (Canon 209). Wilson states, "That Congress is polarized seems beyond question. When, in 1998, the House deliberated whether to impeach President Clinton, all but four Republican members voted for at least one of the impeachment articles, while only five Democrats voted for even one. In the Senate, 91 percent of Republicans voted to convict on at least one article; every single Democrat voted for acquittal"(15-21). Wilson compared the polarization of Congress to the new makeup of the major political parties, holding them responsible. Political parties were a mixture of heterogeneous forces years ago. This "combination" of modern and traditional views prevented each party from traveling the political spectrum. They were either strictly right or left wing. During the 21st century, the inner party divisions above were terminated. Wilson states, "conservative Democrats and liberal Republicans are endangered species now approaching extinction" (Canon 209). Polarization has caused a bigger gap between the two major political parties as Congress work ethic decrease. McCarty, Poole, and Rosenthal stated, "Over the last quarter-century, elected representatives and activists from the major parties have become more ideologically distinct from one another and more internally homogeneous" (2006). Congress is...
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...Not to mention all of his millions of loyal supporters who have no sense of moral compass, or an ability to accept constructive criticism. Instead, they act like everything that’s happened to America over the past eight years has all been for the best and that we conservatives should just join them in pretending like it’s no big deal. Sure, it’s no big deal that Obama lied about his position on gay marriage just get elected, or that he lied about health care, Ben Ghazi, the IRS targeting conservatives (I was audited) or the lies he told about the NSA spying on US citizens. He even sank so low that he lied about being a Christian to pander to voters. He lied about knowing Bill Ayers, he lied about his family history, his autobiography was a complete fabrication, and last but not least, he also lied about where he was...
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...The Future of the Republican Party Compared to all the excitement in 2008, there was very little enthusiasm four years later for Obama’s re-election. Yet on the other side, there was almost a sense of disappointment for Romney’s candidacy. During the mid-term elections, amidst the hype of the Tea Party and Republican takeover of Congress, it seemed like the presidential race would prove to be a thrilling ride, but the election in 2012 was disappointingly routine. However, events surrounding the nomination process and leading up to the election have set the stage for the possibility of a realigning election in the near future. In the days following the election, it was repeated over and over that Mitt Romney’s loss to President Obama signaled the end is nearing for the Republican party and a new period of Democratic dominance was coming. The same happened in 2008 with the election of Obama. Enthusiasm for the Democratic party was high in the early stages of Obama’s first term, however hope for the future of the GOP came with the rise of the Tea Party. Beginning in small town hall meetings across the country, the Conservative movement rapidly gained momentum in opposition to Obamacare. Town hall protesters quickly organized into a nation-wide grassroots movement that resulted in the GOP retaking the House in the midterm elections. At that point, it appeared that the progressive movement was possibly finished. With Obama’s re-election, it is clear that the Democratic Party is still...
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...vivid. Uncle Tom’s Cabin was widely distributed throughout the world and it energized anti-slavery forces. Helper took a more logical path in criticizing slavery and his book was mostly used by Republican candidates as campaign literature against Southern Democrats. Stowe’s Uncle Tom’s Cabin used emotional and stirring words and images into her reader’s minds compared to Helper’s use of graphs and charts to get his point across. In Uncle Tom’s Cabin imagery is popularly used and at the time when literacy was uncommon. Images helped readers understand more. Helper uses graphs and charts, which most likely...
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...In the book “Lies My Teacher Told Me” written by James Loewen which as you would infer explores the ideas of lies that teachers a textbooks leave out throughout your education. One of these interesting topics explored is the ideas that Loewen presents in his analysis of the Gettysburg Address which was given in November 1863 by Abraham Lincoln which was only 273 words but is considered one of the most important speeches in American history highlighted the need for human equality by referring back to the Declaration of Independence and referring to this contradiction between this. Loewen creates an analysis of the address with a very high opinion on Lincoln stating right off the bat saying “Abraham Lincoln was one of the great masters of the English Language. Perhaps more than any other president he invoked and manipulated powerful symbols in his speeches to move public opinion” (Loewen 185). He then refers to the idea of textbooks not referring to address well enough referring to the idea of “authorial monotone” he...
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...capitalism went through a series of deepening crises, leading to the immiseration of the proletariat. This would inevitably result in a proletarian revolution which was destined to overthrow capitalism. 2 Distinguish between fundamentalist and revisionist socialism. • Fundamentalist socialism rejects capitalism entirely and seeks to abolish it. It usually attributes the flaws of capitalism to private property for private profit, and seeks to establish socialism in the form of common ownership and very substantial equality of outcome. The Marxist or communist tradition is the clearest example of fundamentalist socialism. However, some fundamentalists pursue their goals by the parliamentary road — i.e. it is possible to be ‘fundamentalist democrats’ in the parliamentary sense. Eurocommunists (the post-war Western European communist parties) and early Fabians such as the Webbs were parliamentary socialists who were, nevertheless, fundamentalist in their goals. • Revisionist socialism, by contrast, seeks to reform or tame capitalism rather than abolish it. It seeks to reconcile socialism with capitalism. It seeks social justice in the sense of narrowing the economic and...
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...In the United States Congress is tasked with the role of creating laws and regulation that control the way citizens live their lives. Due to this role Congress is given incredible control over the country and how it runs. Members of Congress work together in order to create these laws in order to benefit the people of the country. Factors such as the political affliction and party of each Congressman or the president at the time can have a great influence over Congress. Due to these factors the true power of congress lies within the majority party in charge of Congress. Having a majority party can be incredibly inflectional in passing the ideas and standards of a certain political party (McClenaghan, 2003, p.123). Congress has the power to...
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...High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/cecb7f00-18f7-11e3-bdb6-00144feab7de.html#ixzz2eNQ5SmLl The Chinese economy found its feet in August, with inflation remaining subdued as exports rose more than expected, giving a rosier outlook for the second half of the year. Consumer prices rose 2.6 per cent from a year earlier, just a touch below July’s 2.7 per cent pace, the statistics bureau said on Monday. Inflation is unlikely to pass the 3 per cent threshold in 2013, leaving it well within the government’s comfort zone and beneath its official “upper limit” of 3.5 per cent. * * * * More ON THIS STORY * Comment China will stay the course on growth * China manufacturing hits 16-month high * Europe urges China to cede business control * China’s Li says Asia can fend off risks * Chinese ship transits Northeast Passage ON THIS TOPIC * Watches & jewellery Made in China * Soft demand puts thermal coal near 2009 low * Beijing’s rice subsidies buoy imports * More NZ milk products under scrutiny IN CHINESE ECONOMY * China’s debt in charts * China’s consumers take eagerly to credit * Investment hangover hits Chinese groups * Video China’s debt addiction The data follow...
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