The Effects Of Raising The Minimum Wage - 1944 Words

Introduction At one point or another, minimum wage is a term that most American people will familiarize themselves with. The topic of minimum wage can sometimes be a particularly controversial one, so it is important that we understand the true effects that this has on our nation’s economy. Before the fall of our economy and the increase in prices of everyday necessities, such as monthly bills, groceries and gasoline, a family could have found it easier to survive off of this wage; however, as the prices continue to rise in today’s economy, it is harder for the working family to â€Å"get by†. As of 2015, the national minimum wage is $7.25 per hour or a little more than $15,000 annually and for a working family in today’s economy, it may be difficult. This paper will focus on the effects of raising the minimum wage and discuss how it will affect our economy and the American people. Defining Minimum Wage Minimum wage is defined by Merriam-Webster (2015) as â€Å"the lowest wage paid or permitted to be paid† or â€Å"a wage fixed by legal authority or by contract as the least that may be paid either to employed persons generally or to a particular category of employed persons† (Merriam-Webster.com, 2015). This rate will sometimes differ between countries and even some states as well, but this will be discussed further on. In some states, they will have a higher minimum wage law than what is considered to be the â€Å"federal† one, so employers must comply with both the state and federal laws,Show MoreRelatedEffect Of Raising Minimum Wage1215 Words   |  5 PagesEffects of Raising Minimum Wage The minimum wage in this country has been a controversial issue. Many people believe it will help reduce poverty and boost the economy. However, they are not looking at the downfalls this will bring to our country. This could make the unemployment population rise, it will raise prices of other things, and would have little effect on reducing poverty. Raising the minimum wage would have a negative influence on our country. This movement throughout our countryRead MoreEffect Of Raising Minimum Wage1215 Words   |  5 PagesEffects of Raising Minimum Wage The minimum wage in this country has been a controversial issue. Many people believe it will help reduce poverty and boost the economy. However, they are not looking at the downfalls this will bring to our country. This could make the unemployment population rise, it will raise prices of other things, and would have little effect on reducing poverty. Raising the minimum wage would have a negative influence on our country. This movement throughout our country is beingRead MoreThe Effects Of Raising The Minimum Wage1311 Words   |  6 PagesThe Negative Impacts of Raising the Minimum Wage While the debate over the effects of raising the minimum wage continues, there are countless studies and statistical data to support both sides of this controversy. Often the negative impacts of these wage increases are overshadowed by those who want to help the working class who live at or below the poverty level. Do these increases actually help the ones that they were intended to help? What are the negative impacts on the rest of the working classRead MoreThe Positive and Negative Effects of Raising Minimum Wage805 Words   |  4 Pagessensitive topic for many Americans is their income. Many people’s income relies on minimum wage. In 2012, 3.6 million people received an hourly pay at or below minimum wage. There is an ongoing debate in government as to what the minimum wage should be. Stuck at $7.25, Obama has suggested raising the minimum wage to $9.00. Depending on a person’s perspective, raising minimum wage could be positive or negative. Minimum wage has the abi lity to change lives, and change the economy. Small businesses and unemploymentRead More The Negative Effects of Raising the Minimum Wage Essay1552 Words   |  7 PagesIf we took away the minimum wage, we could wipe out unemployment completely because we would be able to offer jobs at every possible skill level. -- Michele Bachmann Proponents of raising the minimum wage claim that if the minimum wage was raised, then many economic and social problems would be alleviated. This contention is at odds both with economic principles and years of creditable research. The effect of raising or even having a minimum wage has been studied extensively and theRead MoreThe Effects Of Raising Minimum Wage On The United States2322 Words   |  10 PagesThe Effects of Raising Minimum Wage My topic of interest is the effects of raising minimum wage in the U.S. Minimum wage is defined as the lowest wage permitted by law or by special agreement. In 1938, President Roosevelt signed a bill called the Fair Labor Standards Act of 1938, which set the minimum wage at $0.25. Although, overtime inflation devalued the amount of the dollar so it was raised there on. After raising the minimum wage the cost of living would keep going up every year. Also, currentlyRead MoreThe Effects Of Raising Minimum Wage On The United States969 Words   |  4 PagesEffects of Raising Minimum Wage Raising minimum wage has in the recent years become a very controversial and personal issue, and although it is slowly becoming a more popular idea, some people still resist the movement. What people who oppose the adjustment of minimum wage are not considering, is that by raising minimum wage, it will allow low income families or otherwise low income individuals to earn more, in turn, allowing them to spend more money on goods and services. It will also help theRead MoreThe Effects of Raising the Minimum Wage on US Economy1507 Words   |  6 Pagesyear, the minimum wage has been increasing from less than a dollar to $7.25 now. The question that comes to everybody is that should we increase the minimum wage by too far. Does the minimum wage increase reduce the unemployment since now the current wage is high enough? Some people might think that we should increase the minimum wage in order to increase the labor supply. However, if we think deeply than this, there are more disadvantag es than advantages of increasing the minimum wage. The fartherRead MoreRaising the Minimum Wage: A Counter-Intuitive Solution Essay753 Words   |  4 PagesWhile some believe that raising the minimum wage will resolve poverty issues and lack of pay with the signing of legislation, the raising of the minimum wage to $10.10 an hour (as advocated by President Obama and the Democrats) would cause the poverty issue to be worse than it already is; inflation would occur, employees would be laid off, and minimum wage employees would lose welfare benefits, thus offsetting the wage increase. The Government should consider the effects on the American economy asRead MoreMinimum Wage And The Wage Essay1204 Words   |  5 PagesThe minimum wage is one of the most controversial issues on our country, which is United States has been facing last ten years. There have been never ending debates over this issue until the government, company, and others party stand together, and raise the minimum wage throughout the nations. There are communities that believe raise the minimum wage has negative impact of every sector of the country. Other communities have different beliefs over the issue, raising the minimum wage helps the poor

Getting Fit Dialogue and Reading

Getting fit in English refers to doing exercise in order to feel better and live a more healthy lifestyle. People often go to the gym to get in shape or get fit. While theyre at the gym theyll do a wide variety of exercises such as push-ups and sit-ups. Its important to always do stretching exercises as well, these should be done both before and after you go to the gym.   At they gym, youll fid lots of equipment such as weight lifting machines, exercise bikes, ellipticals, and treadmills. Most health clubs also offer jogging tracks and areas for aerobics, as well as classes in fitness activities such as Zumba, or spinning classes. Most gyms offer changing rooms nowadays. Some even have whirlpools, steam rooms, and saunas to help you relax and unwind your muscles after a long hard workout. The important thing to remember when getting fit is that you need to be consistent. In other words, youll need to go to the gym on a regular basis. Maybe three or four times a week. Its a good idea to do a wide range of exercises rather than focus on just one such as weight lifting. For example, do fifteen minutes of stretching and aerobics, combined with a half hour of bike riding and another fifteen minutes of weight lifting on two days of the week. On the other two, play some basketball, go jogging and use the elliptical. Varying your routine will help keep you coming back, as well as help keep your whole body fit.   In the Gym Dialogue Hello, my name is Jane and Id like to ask a few questions about getting fit.Hi, Jane. What can I do for you? I need to get in shape.Well, youve come to the right place. Have you been doing any exercise lately? Im afraid not.OK. Well start off slow. Which type of exercise do you enjoy doing? I like doing aerobics, but I hate jogging. I dont mind doing some weight-lifting, though.Great, that gives us plenty to work with. How often can you work out? Twice or three times a week would be good.Why dont we start with an aerobics class twice a week followed by a little weight lifting? Sounds fine to me.Youll need to start slowly and build up gradually to three or four times a week. OK. What kind of equipment will I need?Youll need a leotard and some sneakers. Is that all? How do I sign up for the classes?Well need you to join the gym and then you can choose which classes fit your schedule best. Great! I cant wait to get started. Thanks for your advice.No problem. Ill see you in aerobics class! Key Vocabulary from Reading and Dialogue (do) exerciseadviceaerobicschanging roomellipticalequipmentexercise bikeget fit  get in shape  joggingjoinleotardpush up  saunasign upsit-upsneakersspinning classsteam roomstretchingtreadmillunwindweight lifting machinesweight liftingwhirlpool  Zumba More Intermediate Level Dialogues Making SuggestionsOn the TelephoneSeeing a DoctorDescribing a Friend - Uses of Like

Analysis Of The Last of the Mohicans - Free Essay Example

Sample details Pages: 2 Words: 514 Downloads: 8 Date added: 2019/08/15 Category Literature Essay Level High school Tags: The Last of The Mohicans Essay Did you like this example? In the late 1750s, three European trappers look after two daughters, Cora and Alice Munro, of a British Lieutenant Colonel Munro during the time of the French and Indian War. The last two members of a dying Native American tribe, the Mohicans, these two individuals, Uncas, his father Chingachgook, and additionally their adopted half-white brother, Hawkeye. They lead a the daughters and their bodyguard to see their father, but are mislead by Chief Magua of the a Huron tribe. Don’t waste time! Our writers will create an original "Analysis Of The Last of the Mohicans" essay for you Create order Then Hawkeye accuses Magua of betraying the group by leading them the wrong way. The Mohicans attempt to capture the traitor, but he escapes. Hawkeye and his friends continue to lead the group to safety, but allies of the Huron attack them the next morning. The group escapes down the river, but the Hurons manage to kidnap the sisters, Alice and Cora, and their bodyguards. Heyward attempts to convert Magua to the white ways, he reveals that he seeks vengeance against the Colonel Munro for demeaning him and tries to make a deal saying that hell free Alice, only if Cora will marry him. However Cora had already developed romantic feelings for Uncas and refuses to be with Magua. Then Hawkeye and the Mohicans come to rescue the group and killing every Huron, Magua escapes. After a challenging journey that has been disturbed by Indian attacks, the group finally reaches Fort William Henry. The Europeans declare truce, which is when Munro learns that he isnt going receive reinforcements which makes him surrender. He exposes that Coras mother was part african which explains her physical features to Heyward. Munro then implies that Heyward is racist because he prefers to marry a blonde, Alice, over Cora, but Heyward denies this. During the withdrawal of the English troops from Fort William Henry, the Native American allies of the French allow themselves to prey upon the retreating soldiers. In the midst of the battle, Magua manages to kidnap Cora, Alice, and Gamut and runs away into the forest. Heyward, Hawkeye, Munro, and the Mohicans came upon Maguas trail and begin to try and catch the villain. Gamut reappears and explains that Magua has divided his prisoners, imprisoning Alice to a Huron camp and sending Cora to a Delaware camp. Using a variety of disguises, the group manages to rescue Alice, this is when Heyward confesses his interest in her. At the Delaware village, Magua lies and says that Heyward and the crew are their racist enemies. Uncas reveals his high-ranking heritage to the Delaware and demands they release of all his friends. Magua and his Hurons suffer a painful conquer, but a Huron kills Cora. Uncas attacks the Huron who killed Cora, but Magua stabs Uncas in the back. Magua tries to leap across a big ditch, but he falls short and holds onto a plant. Hawkeye shoots him, and Magua finally dies. Cora and Uncas are buried the next day, Chingachgook mourns the loss of his son, while Tamenund sadly expresses that he has lived to see the last warrior of the noble race of the Mohican tribe.

United States And International Trade Agreements - 1849 Words

HISTORY After World War II ended, the global trading system needed to be restructured. According to Bache, Bulmer, George, and Parker, the European Economic Community (EEC) aimed policy formation towards building a special trading relationship with the European colonies through the implementation of international institutions (2015, p. 475). In order to maintain bilateral and multilateral trade, the World Bank was created to help develop states’ economies, and the International Monetary Fund was established to help states balance their payments and to provide monetary aid to states in economic crises. International Trade Organization (ITO) was supposed to be created to help lead the world into global free trade agreements, but the United States intervened: â€Å"The United States has advocated reciprocal duty reductions since its 1934 Trade Agreements Act and in 1944 suggested that nations collaborate to promote more liberal agreements for international trade and an expanding world economy.† (Bartlett, 1967, p. 7) The United States Congress would not allow it and other intergovernmental trade negotiations to happen, and these negotiations led to an agreement called the General Agreement on Tariffs and Trade (GATT) (George et al., 2015, p. 476). GATT was weak because states could easily block rulings against disputes the states knew they were losing. Protectionism prevailed in the 1970s and 1980s, officially defining GATT as weak organization because of the states’ devotion toShow MoreRelatedInternational Trade Agreements With The United States Of America Essay1946 Words   |  8 Pagesneighbor; the United States of America. History shows us that cooperation with the United States is purely happenstance, only really having advancements and changes occur when compatible leaders from compatible parties are in office at the same time. Over the years, our proximity has led to competing economies and markets, with many industries fearful of one another. The leaders of our two countries realised the biggest threats and issues between us have always been associated with trade. ProtectiveRead MoreInternational Trade Agreements And How Governmental Influences Benefited Trade1231 Words   |  5 Pagesdiscuss the benefits Unit ed States (U.S) had by engaging in international trade agreements and how governmental influences benefitted trade. To regulate international trade between nations, international trade agreements exist. These agreements involve regulating imports, exports and international trade of some specialty goods. The United States have been involved in many international trade agreements including free trade agreements. Free trade Agreements (FTA) helps the United States to open up foreignRead More International Trade Essay865 Words   |  4 Pages International Trade What is International Trade?   Ã‚  Ã‚  Ã‚  Ã‚  International trade is defined as trade between two or more partners from different countries in the exchange of goods and services. In order to understand International trade, we need to first know and understand what trade is, which is the buying and selling of products between different countries. International Trade simply is globalization of the world and enables countries to obtain products and services from other countries effortlesslyRead MoreThe Acta Treaty : A Multilateral Trade Agreement901 Words   |  4 Pagestreaty In the second of October 2010 in the Japanese capital Tokyo, the last round of trade negotiations of the convention to combat counterfeiting, known as the ACTA is over. It is a multilateral trade agreement, anti-counterfeiting in different products. However, these negotiations on that agreement had begun several years ago in October 2007 between the elite of the world, led by the United States and European Union countries, in an atmosphere of secrecy. But since the negotiations beganRead MoreForeign Policy : Trade With Foreign Nations854 Words   |  4 PagesPolicy – Trade with Foreign Nations The policy issue I have chosen is trade with foreign nations. The approach that the United States government has adopted to address foreign trade is varied depending on the nation in question. For some nations, the United States has what is called a Free Trade Agreement which is an â€Å"arrangement among two or more countries under which they agree to eliminate tariffs and nontariff barriers on trade in goods among themselves† (Cooper, Free Trade Agreements: ImpactRead MoreWorld Trade Organization Essay1696 Words   |  7 PagesWorld Trade Organization The World Trade Organization (WTO), is an international organization designed to supervise and liberalize international trade. The WTO came into being on January 1, 1995, and is the successor to the General Agreement on Tariffs and Trade (GATT), which was created in 1947, and continued to operate for almost five decades as a de facto international organization. The World Trade Organization deals with the rules of trade between nations at a near-global level; itRead MoreThe Beginnings Of Intellectual Property Rights1630 Words   |  7 Pages Beginnings of Intellectual Property Rights Intellectual property rights will remain a part of international trade agreements in the future, but the global activity will likely be characterized by varying standards and improved enforcement, reflecting evolution in social, cultural and political attitudes, and a deeper understanding of the relationships among innovation, creation and the more efficient distribution of intellectual property. Increased cooperation might occur at the governance levelRead MoreU.s. Trade Policy Policies1606 Words   |  7 PagesU.S. Trade Policy Throughout history, the United States’ trading policies have shifted from early protectionism intended to generate revenue and support domestic industry growth to a high degree of free trade within the international trade market (Carbaugh, 2015). In between, policy changes designed to increase and decrease tariffs were enacted due to pressure from politicians, economists, industries, citizens and other countries. Yet, emphasized in the ensuing paragraphs, America’s continuous effortsRead MoreInternational Institutions, Treaties, And Sanctions Essay1647 Words   |  7 PagesInternational Institutions, Treaties, and Sanctions and Their Effects on International Business International institutions abound in the realm of international business. As globalization increases, disputes multiply. The responsibilities of these organizations can vary due to the needs of its members, such as monetary or trade issues. Moreover, the support these institutions provide may come in the form of various agreements to include the negotiation or enforcement of sanctions and treaties whichRead MoreU.s. Trade Agreements And Trade Agreement1108 Words   |  5 Pagesright side part of the figure represents the percentage of the United States exports of goods and services to trade agreement partners. The United States have agreed that the 20 Free Trade Agreement partner countries are the most important market for exports from U.S. Table 1 below lists top seven goods and services, industrial area classification and each of their exported value of goods and services in the dollars (in billions). Table 1 U.S. Goods Exports to FTA Partners-Top 7 Billion U.S. Dollars

Secretary Maria and the OSI Network Model Free Essays

Secretary Maria and the OSI Network Model Mr. Boss meets Maria on the 7th floor of the main building headquarters. He gives Maria a secret message that must get to the US Embassy across town. We will write a custom essay sample on Secretary Maria and the OSI Network Model or any similar topic only for you Order Now Maria proceeds to the 6th floor where the message is translated into an intermediary language, encrypted and miniaturized. Maria then takes the elevator to the 5th floor where she checks the message to be sure it is all there and puts some checkpoints in the message so her counterpart at the US Embassy can be sure she got the whole message. On the 4th floor the message is analyzes to see if it can be combined with some other small messages that need to go to the US Embassy, also if the message was very large, it might be broken into several smaller packages so other secretaries can take it and have it reassembled on the other end. The 3rd floor personnel check the address on the message, determine who the addressee is and advise Maria of the fastest route to the Embassy. On the 2nd floor the message is put into a special courier pouch (packet). It contains the message, sender and destination ID, and warns the recipient if other pieces are coming. Maria then proceeds to the 1st floor where Mr. Boss has leased a limo for the trip. Maria departs for the US Embassy with the secret packet in hand. On the other end at the US Embassy the process is reversed. Maria proceeds from floor to floor where the message is decoded. The US Ambassador is very grateful, saying â€Å"Maria, please tell Mr. Boss I’ll be glad to meet him for dinner tonight†. Of course there are many ways this could be displayed but as long as the steps outlined are maintained in this order the OSI layers are explained very clearly. How to cite Secretary Maria and the OSI Network Model, Papers

Economic Online Colleges Or Universities Are Made To Offer Training

Question: Background One of the biggest challenges in the higher education sector has been the recent growth of online universities. The Online Education Database is an independent organisation whose mission is to build a comprehensive list of accredited online colleges. The Excel spreadsheet (OnlineEdu.xlsx) contains data on the retention rate (%) and the graduation rate (%) for 29 online colleges in the United States. Instructions (a) Provide a descriptive analysis of the two variables (e.g., mean, standard deviation, minimum and maximum). (b) Develop a scatter diagram with retention rate as the independent variable. What does the scatter diagram indicate about the relationship between the two variables? (c) Develop and estimate a regression equation that can be used to predict the graduation rate (%) given the retention rate (%). (d) State the estimated regression equation and interpret the meaning of the slope coefficient. (e) Is there a statistically significant association between graduation rate (%) and retention rate (%). What is your conclusion? (f) Did the regression equation provide a good fit? Explain. (g) Suppose you were the president of South University. After reviewing the results, would you have any concerns about the performance of your university compared to other online universities? (h) Suppose you were the president of the University of Phoenix. After reviewing the results, would you have any concerns about the performance of your university compared to other online universities? Your report needs to be structured as follows: (1)Purpose (2) Background (3) Method (4) Results (5) Discussion (6) Recommendations. Answer: (1) Purpose: Online colleges or universities are made to offer training to the understudies who can't be display physically in the customary setting, for example, classroom. It has a point of a substantial scale intelligent interest and open access through or through web and other system innovations. Presently a day this methodology of learning or instruction is expanding. The broad utilization of machines and web has made the methodology of learning or instruction through online college quicker and less demanding. These are putting forth a full educational program as same as a typical college, yet as of late there is disaffirm between online college and the ordinary college. The online training database is an autonomous association whose mission is to construct a complete rundown certifies online universities (Welfens and Walther-Klaus, 2007). The motivation behind Retention rate is to screen or see in drawing in and holding understudies for the colleges. Retention rate is ascertained by net wag e of the college less profits isolated by Net Pay or Income. Development Rate is the rate of increment of the quantity of understudies of the colleges. Presently I am going to investigate between the retention rate and development rate of the online universities in USA. (2) Background: In higher studies are confronting disaffirm to pick school or colleges. Which school would it be a good idea for them to pick Online College or ordinary University? Lately understudies are picking online college rather than ordinary college. So there is showing up a greatest test in advanced education part has been late development of online colleges. So we need to investigate the development rate and retention rate of the online colleges in USA. (3) Technique or Method: For this examination we are making mean, minimum value, maximum value and standard deviation of the retention rate and advancement rate of the online universities or colleges of USA. Besides we are also using regression scientific explanation through graduation rate and retention rate (Mccraw, 2012). After that we are discovering the backslide co capable and measurably find the centrality between graduation rate and retention rate. (4) Results: As showed by the giving data set or surpass desires gave, we adequately circles or figure the conclusions. The outcomes are measured by the aid of some acceptable examination like mean, standard deviation, minimum value and maximum value using some item like Microsoft Office (MS- Excel). The giving data set of the syntheses furthermore its retention rate and graduation rate are in rate is shown in underneath by the help of table. College Retention Rate in percentage (%) Graduation Rate in percentage (%) Western International University 7 25 South University 51 25 University of Phoenix 4 28 American InterContinental University 29 32 Franklin University 33 33 Devry University 47 33 Tiffin University 63 34 Post University 45 36 Peirce College 60 36 Everest University 62 36 Upper Iowa University 67 36 Dickinson State University 65 37 Western Governors University 78 37 Kaplan University 75 38 Salem International University 54 39 Ashford University 45 41 ITT Technical Institute 38 44 Berkeley College 51 45 Grand Canyon University 69 46 Nova Southeastern University 60 47 Westwood College 37 48 Everglades University 63 50 Liberty University 73 51 LeTourneau University 78 52 Rasmussen College 48 53 Keiser University 95 55 Herzing College 68 56 National University 100 57 Florida National College 100 61 From the given information about the retention rate of online schools or colleges in USA we are going to make a scatter graph by tolerating the upkeep rate and advancement rate as free variable. As showed by the giving data set the most maximum value, minimum value, standard deviation and mean are exhibited in underneath by the aid of the table. Minimum 4 25 Maximum 100 61 Mean 57.41379 41.75862 Standard Deviation 23.24023 9.865724 The above table is measured or handling by the help of Microsoft Office or MS- Excel and its significant comparison or equation. Where, mean estimation of the Retention Rate is proportionate to total entire of the Retention Rate in rate (%) separated by the total no of online schools like 57.414 and moreover mean estimation of the Graduation Rate is equal to total aggregate of the Graduation Rate in rate (%) differentiated by the total no of online universities like 41.759 Correspondingly, the standard deviation is measured by = (( (x-)^2)/(N-1)) or Where, = the standard deviation x = each one estimation of the information set = the mean quality N = the quantity of qualities or size of the information set By the help of the above comparison or equation we will viably measured or learn the standard deviation of the retention rate is 23.2402 and furthermore the standard deviation of graduation rate is 9.8657 Quickly are making a scatter chart by taking under considered improvement rate and retention rate of the schools or colleges of USA is sown in below. From the spread diagram or disseminate graph we can see that advancement rate and support rate are bury related. If improvement rate will extend then support rate will moreover assemble. The rate of both retention and advancement are upward climbing. The method of basic least square is giving guarantee that gage the backslide line which is moreover the best fitting line, has been drawn from the given data (Drennan, 2002). Here in the above scatter plot the plot does not seem to lie close to the line. So we can say that the backslide line or the best fitting line will fit in amazingly well. Right away we are making an once-over yield or conclusions of regression measurements by an assumption. SUMMARY OUTPUT Regression Statistics Multiple R 0.621627987 R Square 0.386421354 Adjusted R Square 0.362822175 Standard Error 17.1688846 Observations 28 In a matter of seconds we are making a normal regression scientific statement proclamation and interpreting the coefficient inclination or incline. To do this we have expect the qualities. In the followings we have survey backslide and remaining. Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0% Intercept -0.427733114 15.09197951 -0.02834175 0.97760601 -31.44974098 30.59427475 -31.44974098 30.59427475 25 1.408074644 0.34797141 4.046523943 0.000414052 0.692809173 2.123340114 0.692809173 2.123340114 In the below table we are put on display the different regression and staying of df, SS, MS, F and Significance of F. we are furthermore giving their total. ANOVA df SS MS F Significance F Regression 1 4826.678724 4826.678724 16.37435602 0.000414052 Residual 26 7664.035561 294.7705985 Total 27 12490.71429 In the followings there is a graph of coefficients, standard error, t-Stat, P-value, lower and upper rates in percentage. Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0% Intercept -0.427733114 15.09197951 -0.02834175 0.97760601 -31.44974098 30.59427475 -31.44974098 30.59427475 25 1.408074644 0.34797141 4.046523943 0.000414052 0.692809173 2.123340114 0.692809173 2.123340114 In the going hand in hand with we are showing the observations, predication 7 and leftover/ residual in the below table from 1-28 different variables or components. RESIDUAL OUTPUT Observation Predicted 7 Residuals 1 34.77413297 16.22586703 2 38.9983569 -34.9983569 3 44.63065548 -15.63065548 4 46.03873012 -13.03873012 5 46.03873012 0.961269879 6 47.44680476 15.55319524 7 50.26295405 -5.262954052 8 50.26295405 9.737045948 9 50.26295405 11.73704595 10 50.26295405 16.73704595 11 51.6710287 13.3289713 12 51.6710287 26.3289713 13 53.07910334 21.92089666 14 54.48717798 -0.487177983 15 57.30332727 -12.30332727 16 61.5275512 -23.5275512 17 62.93562584 -11.93562584 18 64.34370049 4.656299513 19 65.75177513 -5.751775131 20 67.15984977 -30.15984977 21 69.97599906 -6.975999061 22 71.3840737 1.615926295 23 72.79214835 5.207851652 24 74.20022299 -26.20022299 25 77.01637228 17.98362772 26 78.42444692 -10.42444692 27 79.83252157 20.16747843 28 85.46482014 14.53517986 (5) Discussion: From the given data we have learned the regression scientific explanation. Translation or Interpretation of Coefficient as a change of rate of Y is situated up of as a change in the prohibitive mean of Y. There is no need of taking assurance breaks for coefficients into records. When we evaluate or deciphered a regression coefficient adequately as a rate of advancement of a prohibitive mean which is rather than a change in given two variables. It is all that much crucial to take into under thought the weakness in the estimation of the regression coefficient. As indicated by this procedure I have discovered the backslide numerical proclamation line. Which are y= 1.860x + 29.51 and y= 1.143x + 24.60. Of course I have taken a 95% assurance between time for the inclination or slant. The rate of advancement of the prohibitive mean of Y concerning x is evaluated to be some place around 1.860 and 1.143 is regularly attractive over saying; the rate of advancement of the unforeseen mean of Y with respect to x is close around 2 or more. The understanding of the coefficient of which is not genuinely gigantic. This kind of interpretations is frequently made shockingly (Canadian economy online, 2006). If the regression coefficient of t test is not measurably discriminating, this won't be the suitable to interpret or evaluate the coefficient. There is no accurately tremendous immediate which dependence of the mean of Y on x was perceived. In the translation or interpretation of coefficients in the various regressions with the same tongue or variable is in a broad sense used as a piece of single immediate regression. As demonstrated by the giving data set or exceed expectations sheet the retention rate estimation of the South University is much higher than valuation for the graduation rate regard. The retention rate regard in rate of the South University is 51% and the graduation rate estimation of the South College is only 25%. Thusly, the retention rate estimation of the South University is 26% more than the graduation rate regard. This is exhibited that the improvement of the school, which is moreover associated with the advancement of the college furthermore when the retention rate quality is extension than backslide rate estimation of the South University is in like manner augmentation. We unmistakably said that the retention rate estimation of the South University is moreover particularly with respect to the regression rate regarded (Ryan and Others, 2010). Hence backslide examination of the South University is incredible fit furthermore the improvement rate and the advancement of the South University is augmentation. Thusly, the amounts of the understudies are moreover augments and also the school is similarly offered some new stream or learning task for some new understudies. In this manner it is clearly said that the retention rate regard when addition than the arrangement of activity is in advantage. According to the giving data set or exceed expectations sheet the support rate estimation of the University of Phoenix is much lower than deference of the graduation rate regard. The retention rate regard in rate of the University of Phoenix is only 04% and also the graduation rate estimation of the University of Phoenix is 28%. In like manner, the graduation rate estimation of the University of Phoenix is 24% more than the retention rate regard. The retention rate worth is exhibited that the advancement of the school, which is similarly associated with the improvement of the university or college furthermore when the retention rate quality is development than the regression rate estimation of the University of Phoenix is also increase however in University of Phoenix the graduation rate quality is extensions and more than the retention rate regard. Hence the regression correlation of the University of Phoenix is terrible fit and furthermore the improvement rate and the advancement o f the University of Phoenix is reduction. Consequently, the amounts of the understudies are moreover reduces furthermore the school is completed not offered some new stream or learning framework for some new understudies. Likewise it is unmistakably said that the graduation rate regard when addition than the arrangement of activity is in hardship. (6) Recommendation or Suggestion: As per the above detailed analysis we will effortlessly measure some unmistakable examination like mean, standard deviation, minimum as well as maximum values and also regression estimations of some online colleges, which are additionally talked about in above. The retention rate esteem and the graduation rate estimation of the online colleges are additionally given in rate (%). By the assistance of the retention rate worth and graduation rate esteem we will likewise discover or measures the regression estimations of the online colleges (Levy, 2009). The regression estimations of the online colleges are likewise talks about in above. The regression estimations of the online colleges are likewise demonstrated the development of the online colleges like augmentations of the understudies, expanding the learning project and a few others, which is additionally related to the net benefit of the colleges or plan of action. References Anderson, K., Cockburn, J. and Martin, W. (2009). Would freeing up world trade reduce poverty and inequality?. Adelaide: Centre for International Economic Studies. Canadian economy online. (2005). Choice Reviews Online, 42(12), pp.42Sup-0465-42Sup-0465. Canadian economy online. (2006). Choice Reviews Online, 43(12), pp.43Sup-0519-43Sup-0519. Drennan, M. (2002). The information economy and American cities. Baltimore: Johns Hopkins University Press. Kerrigan Snyder, B. (2013). The unemployed college graduate's survival guide. Avon, Mass.: Adams Media. Levy, B. (2009). Town born. Philadelphia: University of Pennsylvania Press. McCraw, T. (2012). The Founders and Finance. Cambridge, Mass.: Belknap Press of Harvard University Press. Miller, N. (2010). Botanical aspects of environment and economy at Gordion, Turkey. Philadelphia: University of Pennsylvania Museum of Archaeology and Anthropology. Quarter, J., Mook, L. and Ryan, S. (2010). Researching the social economy. Toronto [Ont.]: University of Toronto Press. The informal economy: underground economy, moonlighting, subcontracting, household economy, unorganized sector, barter, ghetto economy, second economy: a research guide. (1992). Choice Reviews Online, 29(07), pp.29-3647-29-3647. The new economy. (2003). Choice Reviews Online, 41(04), pp.41-2279-41-2279. Welfens, P. and Walther-Klaus, E. (2007). Digital excellence. Berlin: Springer

The Airline Company Mergers

Questions: 1. Briefly discuss three major challenges arose after the merger.2. How much money did the new merged airlines expect to save per year? To which of the Porters generic strategies does this relates?3. What problems had the merged airline had recently? Is there any positive news?4. Discuss briefly the united Continentals must know targets for future efficiency gain. Answers: Introduction United and Continental airline in 2011, merged to form the largest airline. The deal costs 3 billion dollars according to the individuals who were briefed on the negotiations. The deal would form the form a cost to the coast behemoth with a leading presence in the domestic markets (Clark, 2015). The following information relates to the case study on the airline company merger. The description is based on the case study. 1. The challenges that arose from the merger are: there was a challenge of integrating both of the airlines flight information systems , establishing both of the airlines passengers information systems as well as reconciling on both of the air carriers speedup slowdown algorithm .Integrating on the flight information systems on United and continental was a strategic challenge (Gaughan, 2010).The worry on the issue was that the information could turn out to be corrupted in the course of the process of integration of the two systems, which results in loss of important flight information for example flight figures, location of plane and destination. The approach to the problem was incorporate the united flight data system Unimatic that was capable of handle the scale of the combined fleet of the airline than Continental system. On the passenger information systems challenge it was divided between the two airlines databases. The integration team had not integrate on the two databases and also the airlines web sited and the loyalty programs (Terry, Carey and Callan, 2001). The solution to the challenge was to adopt on the continentals passenger service regarded as shares. The last challenge was speedup algorithms the significant problem for the air carriers is conversing to the pilots once they might accelerate, or maybe decelerate as well as take a different route. Each of the airline employed distinct algorithm to determine when the plane might go quicker to make up for the overdue period (Gaughan, 2010). The group created another algorithm which merged on the best element for each of the airlines. 2. The merger between the two companies is expected annual cost saving of about one billion to 1.2 billion dollars. This is remarkable since the flights would still fly to 370 cities in the fifty nine countries. The strategy to which this relates is on the rivalry among the existing competitors (Henrickson and Wilson, 2016). The two companies have been a major competitor to each other in the airlines industry. As a result of merging they have combined on their resources to form one stronger entity. This helps to gain on the wide market share, growth as well as reduce on competition. Further, there is the applicability of the bargaining power of the buyers that could be related to the situation above (Terry, Carey and Callan, 2001). Previously the buyers had a wider variety of the airline to choose from, since they have merged they have limited chooses to choice. The cost exhibited from one on the price of the ticket, and the operation cost have been reduced significantly from the mer ge since there are no competitors to set new prices. 3. The United and the Continental merger has become one example of how the mergers could turn to be very complex and it requires more time to stabilize than it was initially expected. One of the problem with the merger it took more than two year to get an operating certificate. In any business that was in operation and it suddenly recess it becomes a hard challenges since the loyal clients may opt for other alternatives (Nolan, Ritchie and Rowcroft, 2014). There are also problems of union negotiations. Even after four years of negotiation the cabin crew and the mechanics work separately in different information technology systems. The reason as to what caused on this was differences in the labor contracts between the united and the continental along with the majority of the workers belonging to the unions. There are also problems of deterioration of the customer service. The company faces the challenge of integrating on the reservation system after the merger took place (Terry, Carey and Callan, 2001). United to some extent has been charged 3.5 million dollars last year for delaying of more than nine thousand refund requests from the passengers. This issues has resulted due to the delay to backlog which was created as a result of merger. 4. Fuel Cost Reduction which is to Account for the 50% of UALs two Billion Cost Reduction Target. United bears the largest cost structure compared to their competitors. The other rivals have experienced decrease in their cost per accessible seat mile. The United cost have seen their cost increase to 15.1 cents in 2013 from previous 14.9 the previous year. However, United has a cost reduction plan in order to achieve the target (Nolan, Ritchie and Rowcroft, 2014). This is through saving of one billion dollars fuel consumption, one hundred million maintenance saving, five hundred million saving in productivity and two hundred and fifty in sourcing of the cost and optimizing on the channels of distribution. Future Plan for the United to Improve on Operations United airline generally operates in a highly competitive market. Most of the operations as well as competitors are usually in the USA. There is a good reason to use improvement of the cost effectiveness and also profitability (Iatrou and Oretti, 2016). The united upcoming target aims to build up on the financial position in reducing cost by two billion dollars in 2017, generating of the ROIC at least by ten percent, and reduction of debt as well as generating cash to pay shareholders. Discussion of Porters competitive and strategies for combating the forces to the united airline merger. Threat of new entrants: The merger between these United and Continental will help eliminate any new entrant in the market. Previously these companies were competitors hence when they merged they took a wider market share and eliminated most of the competitors who want to venture the market. Rivalry amongst the competitors: with joining of resources of two giant airline you eliminate rivalry between them. The airline joins their resources to gain a more competitive advantages over the rival competitors. Bargaining power of the buyers: the customers previously could choose from the variety on the flight they took based on the price on which was cheaper, having a merger limit them to have fewer choices and hence they are forced to take the available flight (Terry, Carey and Callan, 2001). Additionally, the merge the United could set their own price without worrying rivals. Bargaining power of suppliers: The suppliers of the aircraft and the aircraft engines and even the air craft gates at the airport previously had a lot of clout in that they bargained away with most of the profits (Iatrou and Oretti, 2016). The aspect of merger in the airline industry helped these companies to cut down on the cost of acquiring on the aircraft and other supplies. Substitutes of products or services: the threats of the substitutes in the industry meant the two airlines could not overcharge since the consumers would go for the cheaper alternative (Beynon-Davies, 2013). As a result of the merge the companies could set on their own price without worrying of the rival airline. They become the price setters. References Beynon-Davies, P., 2013. Business information systems. Palgrave Macmillan. Clark, M.T., 2015. Merger-induced effects of airline route changes: Consumer welfare and the impact of market regulation policy (Doctoral dissertation, THE FLORIDA STATE UNIVERSITY). Gaughan, P.A., 2010. Mergers, acquisitions, and corporate restructurings. John Wiley Sons. Henrickson, K.E. and Wilson, W.W., 2016. The Convergence of Low-Cost and Legacy Airline Operations. John D. Bitzan, James H. Peoples, Wesley W. Wilson (ed.) Airline Efficiency (Advances in Airline Economics, Volume 5) Emerald Group Publishing Limited, 5, pp.355-375. Iatrou, K. and Oretti, M., 2016. Airline choices for the future: from alliances to mergers. Routledge. Nolan, J., Ritchie, P. and Rowcroft, J., 2014. International Mergers and Acquisitions in the Airline Industry. The Economics of International Airline Transport (Advances in Airline Economics, Volume 4) Emerald Group Publishing Limited, 4, pp.127-150. Terry, D.J., Carey, C.J. and Callan, V.J., 2001. Employee adjustment to an organizational merger: An intergroup perspective. Personality and Social Psychology Bulletin, 27(3), pp.267-280.