Reference no: EM131514289
Assignment
Question 1
Bankruptcy is a federal system of statutes and courts which permits persons and businesses which are insolvent (debtors) or (in some cases) face potential insolvency, to place his/her/its financial affairs under the control of the bankruptcy court. The procedure is that when the debtor's debts exceed his/her/its assets or ability to pay, the debtor can file a petition with the bankruptcy court for voluntary bankruptcy. This will in essence wipe out the debts and financial obligations of a debtor.
In some cases, depending on the type of bankruptcy filed, the debtor also gets to keep certain properties and assets. Should bankruptcy be allowed? Why or why not?
Question 2
Admissions offices of colleges and universities are interested in any information that can help them determine which students will be successful at their institution.
For example, could students' high school grade point averages (GPA) be useful in predicting their first-year college GPAs? Data on high school GPA and first-year college GPA from a random sample of 32 college students attending a state university.
The results of the regression analysis are shown below.
• Discuss conclusions that can be made using a significance level of 0.05.
• Discuss factors that may determine the unexplained variation in the first year college GPAs.
Question 3
Please read the following articles located in the Rasmussen Library:
Crane, C. (2011). NUTRITION: Bottled VS. Tap. Scholastic Choices, 27(3), 10-12. Link to article.
Lee, M., & Warhol, T. (2016). Bottled Water: An Overview. Points Of View: Bottled Water, 1.Bottled water: An overview.
Tucker, M., & Sprague, N. (2016). Point: Bottled Water is the Healthy Alternative. Points Of View: Bottled Water, 2.
Sexton, J., & Morley, D. C. (2016). Counterpoint: Bottled Water is a Wasteful Use of Limited Resources. Points Of View: Bottled Water, 3.
Viscusi, W. K., Huber, J., & Bell, J. (2015). THE PRIVATE RATIONALITY OF BOTTLED WATER DRINKING. Contemporary Economic Policy, 33(3), 450-467. doi:10.1111/coep.12088.
White, S. (2015). Water contaminants in the U.S. provide opportunities. Water Technology, 38(4), 48.
Many people prefer bottled water and still other people prefer tap.