Write math problem Speech or Presentation Example | Topics and Well Written Essays - 500 words - 1

Write math problem - Speech or Presentation Example Thus, the expected loss will be: b. Under a no liability rule, the company will not take responsibility for any damages caused by its products; in case of any damages, the consumers cater for the loss. Therefore, considering the two options of recalling and not recalling tires, we consider the expected loss and total costs involved in both. c. Assuming perfect information, consumers who have Ford products should consider replacing the firestone tires with other tires so as to avoid incurring losses in case of damages. It only costs $800 to replace all the four tires but waiting for accidents before one can replace the tires will cost more. B. As a Brinks’ Attorney, my objection would be that the damage calculation method considered only a few months; it did not cut across the entire period Brinks had the contract. Thus, when we consider the entire period, the profit/loss damage calculation will be as follows: B. Standard deviation is the most reliable statistic that can be used in a legal setting since it describes how far a certain value is from the mean. For instance, the mean in the above summary is 74818.90 and the standard deviation for the same data is 1677.93. Thus, this standard deviation is quite small and it can be interpreted as follow: This data has a relatively small standard deviation which implies that the total population per member for all the districts is closer to the mean (well distributed across all the

How the revolution affect the cultural and human relationship Essay

How the revolution affect the cultural and human relationship - Essay Example This was initiated in between 1966-1976 by Mao Zedong the chairman of the Communist Party of China at the time. The movement had significant influence on the people of China an estimated a quarter of the entire humanity today socially and also economically. In Liangs autobiography the revolution affected his family and his adequate access to education in their hometown of Changsha as a result its turbulent political campaigns. The effects of the revolution are seen in the entire life of Liang Heng starting from his family break up, being sent to the countryside for "re-education and later on as Liang works as a factory worker (Liang, 1983). Despite the revolution starting as a political campaign in the Peoples Republic of China, the revolution had immense effect on the cultural and human relationships with the people of China as Liang Heng writes in his book "Son of the Revolution" (Liang, H. 1983). Among the effects on the cultural relationships is seen in the education system. The revolution affected the intellect in the society as they were the ones running the central government operations at all levels of administration. Liangs father and mother had attained a high school education by this time. The revolution saw many young and energetic Chinese make an effort to attain higher education to be considered for better employment including Liangs himself. The cultural relationship between education and revisionist was changed during the revolution. Many saw higher education later on as a gateway to satisfactory job and decent housing (Jiang, 2007). The revolution affected the human relationship within many Chinese families including Liangs family. During the Hundred Flower Campaign Liang Hengs mother was sent away for labor reform as it was called during the time of the revolution (Liang, 1983). This was mainly due to Liang Hengs comment. This brought about the first division of