Saturday, January 25, 2020
Albert Einstein Essay -- Biography Biographies
Albert Einstein Albert Einstein (1879-1955) is believed to be the greatest scientist of the 20th century. He developed many theories that led to many breakthroughs. With his well-known famous look, the white messy hair and the absent-minded look on his face, he was the perfect example of the typical scientist. Einstein became internationally renowned as a leading scientific thinker and as an accomplished mathematician. His contributions to science have left a lasting impression throughout the universe. Albert Einstein was a highly intelligent man who earned many honors and accomplishments. Born into a Jewish family at Ulm, Germany on March 14, 1879, Einstein spent his youth in Munich, where his father, Hermann and his uncle, Jacob Einstein, owned a small shop that manufactured electric machinery. His mother encouraged him to study music, but it was his Uncle Jacob who inspired his fascination for mathematics. As a youth, he showed a brilliant ability to understand difficult mathematical concepts. In 1895, Einstein failed an exam that would have allowed him to study for a diploma as an electrical engineer in Zurich. Following the failing of the entrance exam, Einstein attended secondary school at Aarau and planned to use this route to enter the school in Zurich. In 1900, he succeeded with his plan graduating as a teacher of mathematics and physics. For two years Einstein worked as a tutor and substitute teacher. In 1902, he secured a position as an examiner in the Swiss Patent Office in Bern. Einstein married Mileva Maric in 1903, a classmate of his, and they had two so ns named Hans Albert and Edward. However, the outbreak of World War I made him separated from his family and him and his wife divorced in 1919. Einstein late... ...arted preparing for death by drawing up his will in 1950. One week before his death, Einstein signed his last letter. It was a letter in which he agreed that his name should go on a manifest urging all nations to give up nuclear weapons. Albert Einstein died during his sleep April 18, 1955 in Princeton after many years of bad health. "Albert Einstein ranks with Galileo and Newton as one of the great conceptual revisers of our understanding of the universe," Jonas Maxe. All of his life Albert Einstein devoted himself to the world not only with his scientific accomplishments, but his political and social causes as well. It is amazing that the one person who gave us the conceptual understanding of the universe made his last act before death a plea for international peace. Albert Einstein contributed to the world lasting meaning and will always be remembered by that.
Friday, January 17, 2020
Person Centered Theory Essay
There are numerous theories that can be used together to make an efficient therapist and provide results for the clients. The person centered theory is designed to focus on humanism, human potential, conditions of worth, orgasmic valuing, the fully functioning person, and phenomenological perspective (Seligman & Reichenberg, 2010). There are three core values in the person centered theory, these are extremely important in the output of clinician-client relationships and facilitating change for positive results in the client. Looking at the therapy universally, these core values can be connected to several other types of strategies and theories to hold a positive outcome for the therapist and client. The value of these aspects across all treatment approaches adds significant changes in a clientââ¬â¢s attitude and behavior along with positive thoughts of hope. Theory and therapeutic strategy all leads into client care and outcome. There has been an increasing need of therapists and therapeutic strategy to accommodate the client and their mental health disorders. The existential therapy model will be discussed throughout the paper to distinguish whether psychological dysfunction exists. However, the core values of person centered therapy, assessing the values among all treatment approaches, and figuring whether psychological dysfunction exists in the existential therapy all will be further examined. The three core values that are pertinent to the person centered theory are congruence, unconditional positive regard, and empathy. They all supply a large role in therapy with clients to break the layered negative aspects and pessimistic thoughts. These core values allow for a relationship to be built with the therapist and client upon feelings of safety, warmth, understanding, which permits the client to lower his guard of defense (Seligman & Reichenberg, 2010). Therapeutically, congruence is considered genuine, authentic, well integrated, and aware of oneââ¬â¢s self and how others perceive them (Seligman & Reichenberg, 2010). Congruence is a person in which portrays and submits clear and coherent messages that are consistent with the inner and outer core of themselves (Seligman & Reichenberg, 2010). The second core value is unconditional positive regard, this creates the rapport with the client in a sense of caring about, respecting, liking and accepting the person how they are (Seligman & Reichenberg, 2010). This allows for the client to act in their own nature without feelings or thinking in certain ways. Providing conditions of kindness and positive regard is essential to helping clients look into their own sense of optimism and positive emotions (Seligman & Reichenberg, 2010). Lastly, empathy is the sensitivity of moment to moment thoughts and feelings, having tenderness, being non-judgmental, and temporarily living in someone elseââ¬â¢s life (Seligman & Reichenberg, 2010). Empathy is the exploration of understanding someoneââ¬â¢s thoughts and feelings; to empower the client and delicately open doors to their life through communication (Seligman & Reichenberg, 2010). Seligman and Reichenberg explain that these core values seemingly pronounce optimistic therapeutic results applying these values universally throughout various therapeutic approaches (2010). Applying these values universally across other therapeutic approaches defines that numerous therapy strategies are co-existent together and enhance change. The person centered theory is used frequently with other therapy strategies because it promotes a healthy therapeutic relationship and increases the clientââ¬â¢s awareness and creates a sense of empowerment as well (Seligman & Reichenberg, 2010). The person centered theory is extremely useful and intervenes well, due to the support of profound communication with the client and that mirrors the therapists compassionate, caring, and interest surrounding the clients. Clients are more opted to lower their defensiveness and become trusting to form a healthy balanced bond and rapport with their therapist; to discover and find confident, optimistic, hopeful outcomes. Positive outcomes are a large aspect in providing client care for the sake of the clientââ¬â¢s well-being, hopeful change, self-worth, and confidence level. The values of applying the core aspects of person centered theory greatly outweigh any limitation to treatment due to the well established results of clients whom have utilized the aspects with other strategies. With that, psychopathology is a constant expression of new therapeutic strategies and outcomes that benefit the client. Moreover, psychopathology is the appearance of the mental health field. Along the same lines, psychological dysfunction is apparent and can be defined under various categories of mental health. By utilizing xistential therapy, clients with psychological dysfunction may overcome their issues. Existential therapy has an approach towards philosophy of human development, which concentrates on meaningfulness, authenticity, freedom, and responsibility (Seligman & Reichenberg, 2010). This helps clients to maintain purpose and meaning in life. Existential therapy may significantly increase a clients functioning due to the therapeutic strategy of focusing on the importance of choice, meaning, actualization, and the alliance between the therapist and client (Seligman & Reichenberg, 2010). This type of therapy can empower a client to become positive, increase their well-being, and create thoughts of hope and optimism for a healthy balanced life. Existential therapy concentrates on holistic and growth promoting approach; it embodies the cultural context of a clientââ¬â¢s experiences, acknowledges the importance of clientââ¬â¢s thoughts, values flexibility, and creativity in thinking (Seligman & Reichenberg, 2010). Overall, clients with psychological dysfunction incorporating existential therapy can gain feelings of safety, comfort, happiness, security, and a vigorous life. Conclusion All in all, person centered theory can be incorporated into several therapy strategies and the core values create a healthy balanced relationship between the therapist and client to better the outcome for the client. Person centered theory concentrates on the therapist making the client feel comforted, understood, accepted, and respected (Seligman & Reichenberg, 2010). Assessing the values of person centered theory among all treatment approaches seemed to co-exist and inter-relate due to all therapeutic approaches being client focused. Mostly, the core values are primarily designed to assist the client with their struggles, actively listen, and provide skills to create and maintain a healthy balanced life. Existential therapy also creates a healthy balance to clients, which also generates similar characteristics of the person centered theory. Existential therapy produces meaningfulness, freedom, authenticity, and responsibility (Seligman & Reichenberg, 2010). This may construct empowerment and productivity to engage in positive outcomes for clients with psychological dysfunction. Existential therapy can aid a client with psychological dysfunction by allowing the feelings of purpose and meaning in their life. It teaches a client how to manage their thinking, values, and cultural context (Seligman & Reichenberg, 2010). The outcome for the client is a healthy adaptive change and promotes feelings of worth and confidence. It seems that ââ¬Å"therapyâ⬠has an overall goal and focus; the client, although, each approach may have its own focal points there is still one common goal.
Wednesday, January 8, 2020
Essay on Childhood Schizophrenia - 2373 Words
Schizophrenia is a mental illness which affects millions of people throughout the world. Scientists have begun to understand more and more about the possible causes, predisposing factors, types, and possible treatments for schizophrenia. (Torrey, 1995) It is very rare for schizophrenic symptoms to appear before the age of 12 but it does occur. Recently, there has been a growing interest in childhood schizophrenia. It is less than one-sixtieth as common as the adult-onset type but the characteristics are very similar. Childhood schizophrenia also tends to be harder to treat and to have a worse prognosis than the adult-onset form. (Rapoport, 1997) Childhood schizophrenia is seen as simply an early version of the adult-disease but itâ⬠¦show more contentâ⬠¦It seems to be centered in the 6th-7th month of fetal development, a period characterized by neuronal migration and especially rapid brain growth. (Eggers, 1991) Once the child is born, there are many signs of the onset of schizophrenia. Major feeding disturbances occurred and children were described as having poor sucking ability or falling asleep every time the mother tried to nurse. (Cantor, 1988) The major sign is the mother-infant relationship. The child has no desire to cuddle with the parents or be held and create the bond that is so desperately needed. (Arieti, 1974) The sleep cycle is often the first symptom to pre-schizophrenia. Infants were reported to Ãâsleep almost constantly during the first few months, yet by the age of six months, they refuse to sleep at all. (Cantor, 1988) Severe nightmares are very common in the first two years of life, where t he child is unable to be awoken, or the child wakes spontaneously, vomits, and falls back asleep. (Cantor, Ãâ88) By the time the child is three or four, serious sleep disorders begin to develop. The child just cant fall asleep, and it seems like they just cant relax. (Cantor, Ãâ88) These children are more likely to sleep walk, and have no fear in doing anything while in this state. Both sleep behavior and understanding of danger improve as the child matures; in fact, schizophrenic children become cautious and fearful as the awareness of their alien worldShow MoreRelatedChildhood Onset Schizophrenia And Its Effects1376 Words à |à 6 Pagesseverely abnormal functions, disturbed behaviors and the likelihood to seriously diminish nearly all functionality of lifeââ¬âthis disorder is known as schizophrenia. While extremely rare, schizophrenia can develop in childhood, sometimes as young as two to four years. This is referred to as childhood-onset schizophrenia (COS). â⬠Å"Childhood-onset schizophrenia is a severe form of psychotic disorder that occurs at age 12 years or younger and is often chronic and persistently debilitatingâ⬠(DSM-5). By a vastRead MoreChildhood Schizophrenia Interventions. Moriah Rastegar.1246 Words à |à 5 PagesChildhood Schizophrenia Interventions Moriah Rastegar Adelphi University Author Note This paper was prepared for the Science of Social Issues, Section 245, taught by Professor Ream. Childhood Schizophrenia Interventions Schizophrenia is a mental health condition that places considerable burden on the individuals who have it, their families, and society (Eack 2012). Someone who has schizophrenia may have the following symptoms, but not all: faulty perceptions, inappropriate actions andRead MoreThe Physiology Of Schizophrenia During Childhood Disorders2237 Words à |à 9 PagesThe Physiology of Schizophrenia In todayââ¬â¢s society the idea of mental illness has grown exponentially. To those who have various disorders, it might seem like the end of the world; however, some of these disorders can be managed quite well allowing the individual to live a somewhat normal and productive life. Mental illnesses range from childhood disorders such as ADHD all the way to disorders in the old age such as dementia. While some of these disorders are more severe than others, they allRead MoreTreatment Options for Childhood Onset Schizophrenia503 Words à |à 2 PagesChild Onset Schizophrenia Treatment Options The present clinical treatment strategies (pharmacological, psychosocial, family intervention) for child onset schizophrenia (COS) are varied and abundant but very costly because of its rarity and the number of sites required to research the disease (Asarnow, Thompson McGrath, 2004). Let it be noted that remission of COS is rare but it is the goal of research to accomplish. The American Academy of Child and Adolescent Psychiatry places emphasis onRead MoreEssay On Childhood Onset Schizophrenia880 Words à |à 4 PagesThe above study (Zalesky et al., 2015) investigated whether adolescents with childhood-onset schizophrenia (COS) and their unaffected siblings displayed abnormal development of corticocortical connections compared with healthy controls. The authors hypothesised that patients with COS and, to a lesser extent, their unaffected siblings would display delays in cortical connectivity development. They further hypothesised that these delays would be greater in COS compared with the adult-onset disorderRead MoreChildhood Trauma and Symptoms of Psychological Disorders Essay examples1567 Words à |à 7 Pagesquestion, does childhood trauma cause and effect the symptoms of patients with psychological disorders such as Schizophrenia and Psychosis, or can the trauma cause a patient to have Schizophrenia or Psychosis. Many case studiesââ¬â¢ findings state that there is a link. Some studies say only certain symptoms are affected. I want to know what symptoms are affected and what kind of childhood trauma could have possibly affected the symptoms of patients who have been diagnosed with Schizophrenia and PsychosisRead MoreThe Issue Of Child Onset Schizophrenia Essay1612 Words à |à 7 Pages SOWK 506- Fall 2015 Assignment #3: Child Onset Schizophrenia Becki Kennedy and Mary Marrone USC School of Social Work December 11, 2015 Martha Lyon-Levine Introduction This research paper focuses on the issue of child onset schizophrenia, specifically looking at the prognosis, symptoms, stigma, and most effective treatment options for children. This topic has become a significant social issue as a result of the recent mass school shootings throughout the nationRead MoreThe Pathway to Psychosis1433 Words à |à 6 Pagesprove that depression causes Schizophrenia, it does prove a relationship between schizophrenia and depression. This relates to the topic at hand in that it is widely accepted that stress often leads to depression. Thus, it is possible that the stress brought on these subjects by military recruitment is related to their depression which is, as stated previously, related to their Schizophrenia. Thus, it is conceivable that stress is related to Schizophrenia. Another study that showsRead MoreAccording to NAMI (), schizophrenia is a long term mental illness that interferes with a personââ¬â¢s1100 Words à |à 5 PagesAccording to NAMI (), schizophrenia is a long term mental illness that interferes with a personââ¬â¢s ability to think clearly, make decisions, and relate to others, impairing a person from functioning to their full potential when left untreated. For these persons affected, it is many times difficult to distinguish what is real from what is not. ââ¬Å"Unfortunately, no single simple course of treatment exists.â⬠Research has linked schizophrenia to a multitude of possible causesâ⬠(NAMI). As stated by NIHMRead MoreWho Is Diagnosed With Schizophrenia?1106 Words à |à 5 Pagesknow that they have this disorder. What is schizophrenia some people may ask? It is a brain disorder in which people interpret reality abnormally. 1.5 million People will be diagnosed with schizophrenia in the world (schizophrenia). They wonder around thinking they are crazy or delusional. But why and how does someone is diagnosed with schizophrenia? Does it develop during child birth? What causes healthy children and teens to be diagnosed with schizophrenia and how are they correlated? A traumatic
Tuesday, December 31, 2019
Make Indi The Road Ahead For India s Development Saga Or...
Make in India: the road ahead for Indiaââ¬â¢s Development Saga or is it just another rhetoric? Abstract: ââ¬Å"Make in Indiaâ⬠campaign is an initiative that attracts the industrialists to make India a manufacturing hub that helps to create jobs. India ranks 142nd in the ease of doing business and it is becoming increasingly difficult for both Indian and foreign businessmen to start a business in India. The infrastructure in India is not good enough to attract investors. There is a lack of proper connectivity between the cities in India. The other bottleneck are taxation, Government policies, labor laws, ease of obtaining licenses and land acquisition. India must also compete with its neighbor China as both the nations are seen as growingâ⬠¦show more contentâ⬠¦Historically, India has always been an agricultural nation. The major share of GDP is from this sector till the early 1950s and 60s. Down the line, its share began to decline and service sector started to emerge. Today service sector players a prominent role in the economy of India. On the other hand, Industrial s ector has been growing right from the beginning but the growth is minimal when compared to service sector. The Following graph depicts the percentage share of Individual Sectors in the country. Figure 1: Shares of Agriculture, Industry and Services in India As observed clearly from the above graph, the growth of Indian Manufacturing Sector has been minimal. This can be attributed to the myriad factors that hinder the Indian Industrial sector. On a closer introspection, there are major reasons in the country which holds back the Indian Economy. Firstly, India lacks the optimum prerequisite for the growth of Industrial Sector i.e Infrastructure. India is lagging in terms of infrastructure and more private players and public-private partnership should be encouraged to bring about the change. One such example is Jamshedpur built by TATA. It shows that the problems are able to overcome with proper policy changes. Secondly, power poses the next hindrance for the Industrial Sector. The issues related to power should be resolved as early as possible in the near future. Lack of power is a big hurdle to the running of industries. Many
Monday, December 23, 2019
A Research Study On College Students - 1498 Words
On a daily basis you are introduced to new people around you. The connections you make with the people you meet are relationships. Relationships can vary from person to person based on the type of connection you have with them. There are the relationships with family, relationships with friends, and then the relationship with a significant other. With sufficient amounts of research being done daily on all aspects of relationships and how they work, there is a significant gap in the study of college students and how they view the importance of a committed relationship. With the appearance of this gap, I am doing my research in this field and on college aged students. The key concept when developing this study is how serious and committed relationships are built and treated among college students. This study will examine the way males and females in college perceive the importance of relationships and how they participate in the different variations and if these variations change the way students look at relationships. Recent research barely touched on relationship styles, especially in college age males and females. I would like to know what males and females in their freshman and senior year in college are looking for in an intimate type of relationship. The purpose of this study is to identify how malesââ¬â¢ opinions about serious committed relationships change from their freshman year in college to their senior year in college and how femalesââ¬â¢ opinions about serious committedShow MoreRelatedA Research Study On College Students906 Words à |à 4 PagesThe experiment that the researcher is going to conduct is to see if her prediction that 50% of college students switch their major three times before graduation is true. As we all know, most college kids do not remain with their first choice major. College kids often have multiple majors in mind and try a few of them until they find the one they like. The researcher was discussing with her roommates what she should do about her major. Feeling like she was the only one who was not happy or sureRead MoreResearch Study : Motivation Of First Generation College Students816 Words à |à 4 PagesLaila Chaoui Process for Analyzing Research Studies Analyzing Research: motivation of first generation college students 1. I utilized the University of North Floridaââ¬â¢s search bar through the library to find my article. I typed into the search bar ââ¬Å"motivating first generation college studentsâ⬠. I wanted to find research that explored different ways utilized by institutions to motivate and retain their first generation college students. This article is from the NASPA Journal which is a journal I haveRead MoreA Research Study About The Stereotype Threat Effect On African- American College Students833 Words à |à 4 Pagesas a tool to build and boost confidence. In a research study about the stereotype threat effect on African- American college students it showed that students either respond to the stereotype threat with a performance reduction or with disidentification and concentration on activities in which they are already successful (Aronson, Fried, Good, 2000). Based on the findings of DeMeulenaereââ¬â¢s study on four individuals over a timespan of two years, students tend t o be more open to challenging activitiesRead MoreResearch Study : Relationships Of Eating Competence, Sleep Behaviors And Quality, And Overweight Status Among College Students Essay1091 Words à |à 5 Pages1) Research Study: Relationships of eating competence, sleep behaviors and quality, and overweight status among college students Intro: Lack of sleep has been identified as a major public health issue found to contribute to chronic conditions such as obesity, diabetes (type 2) and hypertension. As sleeping habits worsened over the years, obesity and unhealthy eating trends continued to climb. In contrast cross-sectional studies support the notion that sufficient sleep promotes ââ¬Å"health related behaviorsRead MoreShould College Students Go Trough?1498 Words à |à 6 Pagesgrowing issue that many college students go trough. These pounds might seem like harmless weight but research supporting that the weight gained and bad eating habits learned in the first year off college can have negative effects on your life forever.Although it may seem like harmless pounds the freshman fifteen is an on going problems that more than half of the college students experience and suffer from as they grow out of their college career. the first research study Preventing weight gain inRead MoreRetention Practices And Graduation Practices939 Words à |à 4 Pages Research by Ryan suggests that first-time students perform better throughout their first semester and more inclined to be retained if they are familiar with their academic advisor and meet with him frequently in the course of their first semester (2013). Furthermore, in 2004 the ACT conducted a study of retention practices of four year public colleges. The outcomes advance the strong correlation between advising and retention. Moreover, the study points to academic advising alongside first yearRead MoreAction Research On Act Best Practices Essay1194 Words à |à 5 Pages Action Research on ACT Best Practices Jamone L. Edwards The University of Mississippi Action Research on ACT Best Practices Narrative Hook North Panola High School (NPHS) serves as a perfect model for improvement within itsââ¬â¢ academic learning communities. Change oftentimes occurs in deliberate fashion, yet offers insight into the meticulous attention that must be given to achieve change. NPHS has traditionally struggled academically until recently. As recently as the 2009-2010Read MoreThe Effect Of Time Management On College Students Essay1375 Words à |à 6 PagesI. Introduction The central research problem being analyzed in this proposal is the relationship between time management and stress in college. Time management can have several positive influence on our overall well-being both professional life and college life. However, Poor time management actions such as not being able to find time to study or last minute preparation is a source of stress and poor academic performance. In this proposal, we will look at how time management can have a huge impactRead MoreMeholic Alcohol Case Study1611 Words à |à 7 PagesHispanic College Students Along the US/Mexico Border This study was created to observe and gather knowledge of the alcohol use among Hispanic college students along the US/Mexico border. It was successful with the help of two hundred and ninety-six participants. The hypotheses include, males tend to consume alcohol more often and in more quantity when compared to females. The methods the author used included the two hundred and ninety-six Hispanic college students who took place in this study. The collegeRead MoreA Study of College Drinking Essay examples1497 Words à |à 6 PagesReview of Literature The literature on college binge drinking and studentââ¬â¢s academic performance are for the most part; focused on an essential constituent or characteristic that has been revealed. During the past ten months, research has become an essential basis in regards to college binge drinking and the effects said behavior is having on those college students who choose to over-indulge. Given the situation over the literature pertaining to college binge drinking and poor academic grades,
Sunday, December 15, 2019
Aj Davis Department Store Part B Free Essays
AJ Davis Department Store Part B AJ Davis Department Store Introduction The following information will show whether or not the managerââ¬â¢s speculations are correct. He wants to know the following information: Is the average mean greater than $45,000? Does the true population proportion of customers who live in an urban area exceed 45%? Is the average number of years lived in the current home less than 8 years? Is the credit balance for suburban customers more than $3200? Hypothesis testing and confidence intervals for situations A-D are calculated. A. We will write a custom essay sample on Aj Davis Department Store Part B or any similar topic only for you Order Now THE AVERAGE (MEAN) ANNUAL INCOME WAS LESS THAN $45,000. Solution: Step 1: Null Hypothesis: The average (mean) annual income was equal to $45,000. H_0: ? =45,0000 Step2: Alternate Hypothesis: The average (mean) annual was less than $50,000. H_a: ? 45 , a z-test for the mean will be used to test the given hypothesis. As for the alternative hypothesis, which is Ha:? 0. 45 and the given test is a one-tailed (upper-tailed) z-test. Step 4: Critical Value and Rejection Region: The critical value for significance level is ? =0. 05. The upper tail z-test is 1. 45. Rejection Region: Reject H_0,if z-statistic1. 645. Step 5: Assumptions: The sample size in this experiment is n 0. 4 95% Lower Sample X N Sample p Bound Z-Value P-Value 1 21 50 0. 420000 0. 305190 0. 29 0. 386 Step 7: Interpretation: According to the calculations, the p-value is 0. 386. This value is larger than the significance level of 0. 05. Therefore, we will not reject the null hypothesis. There is no sufficient evidence to sup port the claim that the true population proportion of customers who live in an urban area is greater than 40%. Based on the results provided by MINITAB below, the lower 95% confidence limit is 0. 28. Since 0. 42 is greater than the 95% lower confidence limit, hence, we cannot support the claim that the true population proportion of customers who live in an urban area is greater than 45%. Confidence Interval: Test and CI for One Proportion Sample X N Sample p 95% CI 1 21 50 0. 420000 (0. 283195, 0. 556805) ? C. THE AVERAGE (MEAN) NUMBER OF YEARS LIVED IN THE CURRENT HOME IS LESS THAN 8 YEARS. Solution: Step 1: Null Hypothesis: The average (mean) number of years lived in the current home is equal to 8 years. H_0: ? =8 Step 2: Alternate Hypothesis: The average (mean) number of years lived in the current home is less than 8 years. H_a: ? 50 requires that the z-test for mean be used to test the given hypothesis. The alternative hypothesis is Ha:? 3200 Step 3: Test Statistic: z= Following the provided information, the Significance Level is ? =0. 05. The alternative hypothesis is Ha: ? 3200; therefore, the given test is a one-tailed (upper-tailed) z-test. Step 4: Critical Value and Rejection Region: The critical value for significance level ? =0. 5 for an upper-tailed z-test is given as 1. 645. Rejection Region: Reject H_0,if z-statistic1. 645. Step 5: Assumptions: The sample size in this speculation is greater than 30, therefore, The Central Limit Theorem (CLT) will apply, and no assumptions need to be made. Step 6: Calculation of test statistic: One-Sample Z: Credit Balance ($) Test of mu = 3200 vs 3200 The assumed standard deviation = 742. 365 95% Lower Variable N Mean StDev SE Mean Bound Z P Credit Balance ($) 15 4675 742 192 4360 1. 96 0. 025 Step 7: Interpretation: According to the above results from MINITAB, the p-value of 0. 038 is smaller than the significance level of 0. 05; consequently, the null hypothesis will be rejected. There is sufficient evidence to support the claim that the average (mean) credit balance for suburban customers is more than $3200. Based on the results from MINITAB, which are provided below, the significance level is 0. 05; therefore, there is sufficient evidence to support the claim that the average (mean) credit balance for suburban customers is more than $3200. MINITAB reveals that the 95% lower confidence limit is 4469; therefore, 3200 is smaller than the 95% lower confidence limit, which means that the claim can be supported regarding the average (mean) credit balance for suburban customers is more than $3200. Confidence Interval One-Sample Z The assumed standard deviation = 742. 365 N Mean SE Mean 95% CI 50 4675 105 (4469, 4881) Conclusion After performing hypothesis testing and confidence intervals on each speculation, we can conclude that from the sample of 50 customers from AJ DAVIS department store, the average (mean) annual income is less than $50,000. We can also conclude that the number of customers that live in urban areas are less than or equal to 40%. The average number of years their customers have lived in their current home is more than 13. Also, the average credit balance for suburban customers is more than $4300. The manager was correct about the speculations of the average income being less than $50,000 and a customersââ¬â¢ credit balance being more than $4,300. For AJ Davis department store to continue a great relationship with their customers, it wise and imperative that they continue to perform analyses of this magnitude. How to cite Aj Davis Department Store Part B, Papers
Saturday, December 7, 2019
Involvement Of Stakeholders Existing Practiceââ¬Myassignmenthelp.Com
Question: Discuss About The Involvement Of Stakeholders Existing Practice? Answer: Introduction With the help of this report information related with the financial reporting as well as financial statements will be shared so as to provide better as well as effective set of information to the organizations. For an organization it is necessary to make an appropriate financial statement because it is essential aspect which helps in providing relevant set of information to the stakeholders available in the market. On the basis of given case study this project report has been prepared on the Sunshine Ltd industry that is a departmental store in which depreciation straight line method is being used. It is assumed after studying the case study that general manager of the organization desires to diminish the past years profit and add it on to the approaching years. This report gives the fair idea about the involvement of stakeholders like immoral practices, governance, ethical behavior and these can make negative impact on the companys stakeholders. Apart from this, some help is to be p rovided to the manager by suggesting recommendation in order to make changes according to the AASB116. Discuss, analyze and research ethics and governance of the above case. Your paper should address the stakeholders, ethics, governance, changing depreciation methods and suggestions for Maria to ensure compliance with the AASB116. Ethics During the decision making process ethics should be considered as principles and moral (DeGeorge , 2014). Ethics is considered as an important element by which right decision is to be made by involving moral values into the decision and influence both external and internal environment of business. It is assumed that activities of an organization should not affect the surrounding environment and society norms and their practices that they are going to use must be fair, incorporated and honest through which nourishment of a society can be done (Eun, 2009). Issue related to ethics As it is given in the case study that issues related to the ethics is to be evaluated through manager and accountant (Fernando, 2012). There are some aspects associated with the professional ethics which must be followed by the employees and professionals of the organization and perform their duties with fairness, integrity and honesty. It is suggested by the general manager of the Sunshine to the accountant Maria that some changes should be implemented into the financial statement of the company and generates fair revenue in the upcoming year (Frankena, (2015). After taking suggestion an accountant of Sunshine Ltd has prepared his mind to make some alteration into the financial statement by shifting the method of depreciation to sum of years digits methods from straight line method. In this situation, ethical issue has been generated that financial statement of Sunshine Company is being altered according to the necessity in which basic accounting guidelines are being unnoticed (Raym an, 2013). Governance Governance is considered as well defined system which establish policies and rules for the organization in order to maintain and manage the practices of business .Some ethical guidelines is to be developed in favor with the stakeholders by which organization can be able to attain its goals without disrupting interests of stakeholders ( Fernando, 2012) Issues of governance Governances task is to focus on the fulfillment of proper guidelines and organizations internal process along with some external rules and laws that are implied by the government (Karapinar, et. al., 2012). It is also discussed that policies and procedures must be followed by the company which is provided by governance. As given in this case study that Sunshine Ltd has not been able to follow up the accounting standard so that can further impact the interest of stakeholders. It is considered to be obligatory to open up with the method of depreciation which is being used within the company and also disclose the reason of changing the depreciation methods or else it will become the issue of governance ( Fernando, 2012) Involvement of stakeholders in the existing practice Stakeholders are considered as the participants who are associated with the organization directly or indirectly (Chapple, 2016). Decisions which are taken within the premises can influence the interest of stakeholder. In the present case, the manger of Sunshine Company has tempered the statement of finance through which they can attract more stakeholders. For attracting stakeholder manger changes the depreciation method by which she can show that her company is making profit consistently (Finch, 2010). It is a wrong practice which is being performed by the manager on ethical basis which can make negative impact on the stakeholders and some are discussed below: Investors They are the unit that can support the business by giving funds for operating activities of an organization. By performing this immoral activity by the manager of tempering the financial statement of an organization showing more profit in comparison with reality can attract more investors. Investors expect higher returns on the basis of companys wrong financial statement but in reality they will get nothing (Rayman, 2013). Government It is mandatory for an organization to imitate all regulations which are prescribed by the government. Sunshine company has shown false profit in its financial statement which is not ethically correct and breaking the rules of accounting standards which is treated as high offence and can influence the image and goodwill of an organization (Arnold, 2013). Management Management is considered as the unit which manages all activities and functions of an organization (Baxamusa, et. al., 2015). According to the recent situation, the decision of the management will also get influenced. By making false presentation of profit in the financial statement management of Sunshine Ltd would make several decisions in respect to execute new business activity and further on this will influence the stakeholder of this company. (Karapinar, Zaif and Torun, 2012 Suppliers Suppliers are considered as the external stakeholder by whom organization can get resources. This situation of showing wrong profit in the statement will attract more suppliers but in reality when suppliers will come in contacts with the company they get to know the reality and they lose trust over company which can generate the issues of liquidity to the company (Baker, et. al., 2013). Customers By taking such great step of showing wrong profit will attract more customers but after sometime the real position of Sunshine Company will be revealed and customers trust over company will be breached. That can further affect the goodwill of the company and no customers can trust them again (Arnold, 2013). Accounting standards compliances Changing of depreciation method Based on the evaluation of the case, to represent consistent and reliable profits in next years financial ledger, the accountant changed the current methodology of depreciation (Bacon, 2010). As per the standard codes of accounting, it is mandatory to furnish the depreciation methodology at first place (Fernando, 2012). It is also mandatory to provide information about depreciation expenses and asymmetrical features about depreciation. The firm Sunshine Limited has been using conventional methodology for fixed assets depreciation calculations (Baker, et. al., 2013). Depreciation charges must be furnished on sufficient assets having vision of financial support for the company. Australian Accounting, Standard 1021 suggests the features associated with the overheads of depreciation of companies. The depreciation methodology, as per the standards, can only be changed or modified categorically in the below circumstances only, If there is a change in the government laws. In this case, based on the directions by the governing bodies, the methodology can be changed or modified. Betterment of the information; i.e. in order to represent the economic statements intuitively and more accurately. The change should also be well explained (Baker and Filbeck, 2013). Any other situation, where the change is required to comply with the existing laws. Here, in the case study of Sunshine Limited, it is observed that there are no lawful reasons for change in methodology of accounting depreciation (Eun, 2009). To comply with the Australian accounting standards 116, below is the suggestion for the accounts officer Maria, As per the Australian accounting standard 116, it is mandatory for the accountant to furnish the information that can affect the stakeholders (Baxamusa, et. al., 2015). Reason being, the stakeholders make their financial decisions after studying the financial statements of the company. It is therefore suggested to the accountant to furnish the transparent information useful for the stakeholders to make right and unbiased decisions. If the information is insufficient and it can affect the interests of the stakeholders, it is not suitable as per accounting ethics (Bacon, 2010) It is also suggested to the accountant to furnish the information about the amount of depreciation levied and the methodology used to furnish the same (DeGeorge , 2014). In addition, it is also mandatory to furnish the details about the reason for change of the methodology. The reason should be valid and should be one from the above stated circumstances. It is suggested to the accountant to furnish the details about the change in the methodology she used. (Finch, 2010) Conclusion It is concluded on the basis of this project report that a financial statement of an organization is act like a face of a company on which basis important decision is to be taken and which shows the companys real and exact position in the market. It is mandatory to all the organizations to imitate the rules and procedure which are provided by the government. Company should perform activity which is right ethically. It is suggested that company should not make alteration into the financial statement as this can breach the trust of their stakeholder. By showing right information helps the organization to attract more stakeholders on trust basis References; DeGeorge , R. T. (2014). Business Ethics. Pearson Educatio. Eun, C. (2009). International Financial Management. McGraw-Hill Higher Education. Fernando. (2012). Business Ethics and Corporate Governance. Pearson Education. Frankena. (2015). Ethics. Pearson Education. Rayman, R., 2013.Accounting Standards. Hoboken: Taylor and Francis. Karapinar, A., Zaif, F. and Torun, S., 2012. Accounting Policies in the Extractive Industry: A Global and a Turkish Perspective.Australian Accounting Review, 22(1), pp.40-50. Anon, 2001.International Accounting Standards 2001. London: International Accounting Standards Committee. Finch, B., 2010.Effective financial management. London: Kogan Page. Arnold, G., 2013.Essentials of corporate financial management. Harlow, England: Pearson. Bacon, F., 2010.Corporate financial management. Acton, MA: Copley Custom Textbooks. Baker, H. and Filbeck, G., 2013.Portfolio theory and management. New York: Oxford University Press. Baxamusa, M., Mohanty, S. and Rao, R., 2015. Information Asymmetry about Investment Risk and Financing Choice.Journal of Business Finance Accounting, 42(7-8), pp.947-964. Chapple, S. (2016). Book review: Aiming for Global Accounting Standards: The International Accounting Standards Board, 2001-2011.Accounting History,21(2-3), pp. 364-365.
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