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In 2010, Toyota recalled millions of automobiles to fix a potentially hazardous problem known as sudden acceleration. Writing in the Wall Street Journal, James Stewart gave investors the following advice:
"Toyota shares were over $90 as recently as Jan. 19, 2010. They closed Tuesday (February 02, 2010) at $78.18, which strikes me as a modest decline under the circumstances. If I owned shares, I'd seize the chance to get out." (Source: James B. Stewart, "Toyota Recall Should
Warn Investors Away," Wall Street Journal, February 3, 2010.)
Would a believer in the efficient markets theory be likely to follow Stewart's advice?
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Four hundred graduates returned the survey. The average salary was $25,500. The population standard deviation is $2,586. What is the 95% confidence interval for the mean salary of all graduates from the English Department?
Discuss whether or not the ethical analysis made sense. As you considered the section in the Baird text that described the process.
Describe the process an organisation must complete to review and update Occupational Health & Safety policies and procedures.
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