Similarities and Differences between the Standard Normal (z) and Student’s t Distributions
The requirements for this assignment were to compare and contrast the “…standard normal and the student t, or simply the t distribution. If we use the standard normal when σ [sigma, standard deviation] for the population is known and use the t distribution when σ is not known, explain any differences in the two distributions […]
Finite Population Correction Factor
The assignment for this response was to discuss “…under what circumstances the Finite Population Correction Factor (FPCF) is necessary and why is it necessary? How does the adjusted z-value vary quantitatively (bigger, smaller, much larger, no change) from the normal value?” This was the first written response for my Statistics II class (actually called “Quantitative […]
Facebook Network Stats
I stumbled upon a pretty cool feature on facebook’s redesign a few days ago, stats for categories such as music and movies for networks. If you’re a facebook user and wanna check out what I’m seeing click on Networks, scroll down and you should see a “Network Statistics” section on the right side. If you’re […]
Why I Spent $1800 on a Macbook Pro
The assignment for this essay was to write about the consumer decision making process. Choose a product that you bought recently. It must be complex buying behavior. It should not be something that is an ordinary purchase or that you purchase on a regular basis. Describe your purchase as it pertains to each stage of […]
Live Away from Your Favorite Baseball Team’s Market? You Almost Lost Access to their Games…
Back when I was attending the University of Southern California & North Carolina at Chapel Hill, my biggest annoyance was not receiving Boston Red Sox games in my dorm. Of course, I could have sprung for the Extra Innings package, but I was in college…I didn’t have that kind of money to spend on TV! […]
Their Product, My Money: In the End, Who Should Have What?
The assignment for this essay was to “…think about the elements of product return policies. Make a list of at least 6 elements or attributes of the return policy (e.g., no questions asked, money back guarantee, etc) that make the product more appealing. List these attributes in the order of their importance and describe the […]
Competition: Driver of a Productive Market
The assignment for this essay was to “…briefly explain in your own words, each of the various external environments that affect marketing. In your opinion, which of the external environments has had the greatest impact on consumer’s abilities to shop and consume products? For this part, do not quote the book. I want you to […]
Prestigious Education: What is it?
An article on Boston.com, The Triumph of Victor Valley Alums: Or why you shouldn’t sweat it if you don’t get accepted to an Ivy League school, goes into a detailed discussion on why high school seniors shouldn’t worry if they didn’t get into the absolute top tier of schools. Tom Keane, tells high school seniors […]
The Social Benefits of Dynamic Pricing versus the Equity of Price Neutrality
The assignment for this essay was to give my take on dynamic pricing, which is the practice of constantly updating a price to take into account the external and internal enivornment and situation of the buyer and seller (for instance “a soda vending machine that raises the prices as the temperature goes up”), from the […]