Thursday, June 11, 2020

The Central Limit Theorem Essay - 275 Words

The Central Limit Theorem (Essay Sample) Content: The Central Limit TheoremNameInstitution The Central Limit TheoremSearch methods; I google searched for the word the Central Limit Theorem, then researched further on its applicability in a practical set up.The Central Limit Theorem dictates that if you have a sufficient number consisting of independent samples that are randomly selected, then ideally, the means of the samples used will follow the normal distribution  ADDIN EN.CITE Michael J. Glencross198661(Michael J. Glencross, 1986)616134Michael J. Glencross,A practical Approach to the Central Limit Theorem1986South AfricaUniversity of Witwaterstrand/~iase/publications/icots2/Glencross-1.pdf( HYPERLINK \l "_ENREF_1" \o "Michael J. Glencross, 1986 #61" Michael J. Glencross, 1986).A practical example of the Central Limit Theorem entails a case where a research company seeks to examine whether the results acquired on the mean salary of employees at eBay were by chance, or there were discrepancies. Ebays employe es are known to have a mean salary of 9000, which translates to 26,000 and they also have a standard deviation of 2420. When a random sample of 400 employees is analyzed, their sample mean becomes 26,650. The Central Limit Theorem explains this practical example by saying that in instances where many groups are selected, approximately 400 individuals each, then the mean for each group is computed. The distribution of the means will be almost normal at 26, 400. At the same time, the standard deviation will be; à Ã†â€™/à ¢Ã… ¡n = 2400 / à ¢Ã… ¡400 = 121.Therefore, how much z-score will a mean salary of 26,650 give?Z = data value à ¢Ã¢â€š ¬ mean / standard deviation HYPER13 ADDIN EN.CITE Michael J. Glencross198661(Michael J. Glencross, 1986)616134Michael J. Glencross,A practical Approach to the Central Limit Theorem1986South AfricaUniversity of Witwaterstrand/~iase/publications/icots2/Glencross-1.pdf( HYPERLINK \l "_ENREF_1" \o "Michael J. Glencross, 1986 #61" Michael J. Glenc ross, 1986). = 26,650 - 26400 / 121 = 2.07The answer implies that in a case of ...

Tuesday, May 26, 2020

Qualitative Research Critique II 2 - 843 Words

QUALITATIVE RESEARCH CRITIQUE II 1 Qualitative Research Critique II Vanda McCray Liberty University Qualitative Research Critique II 2 The authors of this article method of data collection was based on a five-focus group and three individual interviews on the clients that participated in the MBSR training. They analyzed and constantly compared methods to develop a grounded theory (Schellenkens Jansen, 2015, pg. 1813). They determined that their focus group involved participants that were open for†¦show more content†¦If the client participated in MBSR for breast cancer only, they were invited for a focus group interview one week after completion of the training. If the participant participated with their partners in MBSR, they were invited for an individual interview after completion of their training (Schellenkens Jansen, 2015, pg. 1814). Qualitative Research Critique II 3 The data were analyzed with the constant comparative method to develop a grounded theory. The two authors, M. Schellenkens E. Jansen, coded their transcripts individually. After they completed the three focus groups, they then compared their codes and discussed them until a consensus was reached. They continued with several more focus groups before coming to conclusion of grouping all codes together. This is where their hypotheses data was formed. The results from this study formed three themes which included anticipatory fear for suffering of others, feeling unconnected or connected, and learning from others. (Schellenkens Jansen, 2015, pg. 1815-1818). What was discovered was that the participants went through a stage where they feared facing other clients dealing with the same disease before the study began. Througho ut the study, the participants felt more connected with and supported by other which resulted in learning from each otherShow MoreRelatedQualitative Critique Of A Qualitative Study1207 Words   |  5 Pages Qualitative Critique Paper: Critique of a Qualitative Study Grace Fahham Shenandoah University What was the purpose of the study? The purpose of this qualitative study was to describe how occupational therapists’ involved client-centred activities in daily living (CADL) in their practice. This was done by reviewing the therapist’s experiences and reflections about their interaction with clients that suffered from a stroke. The study involved coding of three categoriesRead MoreClinical Thinking and Critical Judgement Essay1100 Words   |  5 PagesQualitative Article Critique Critical thinking and clinical judgment are important skills that professional nurses use in every day clinical setting. In 2012, a mix method qualitative study by Dr. Jeanne Mann was done to evaluate the effectiveness of educational strategy to develop clinical judgment skills in nursing students. In this study, the population was identified as volunteered Level II baccalaureate nursing students from a Midwest nursing program. The variables identified in this articleRead MoreEssay on Nu310 Unit 8 Assignment1623 Words   |  7 PagesNursing Research Critique Assignment Kaplan University Nursing Research Critique Assignment I will be critiquing two different articles. Both studies are nursing studies that evaluate outcomes. I will be following specific key points for a quantitative perspective and a qualitative perspective. There is a guideline that I will be following for each article that includes identifying and examining the data collection and data analysis methodologies used in each study. The names of the articlesRead MoreHuman And Its Impact On Organizational Performance Essay1655 Words   |  7 Pagesthe goal, better the organisation perform towards its goals and aims (Tabassi and Abu-Bakar, 2009). According to Slotte et al. (2004) human resources perform many functions related to the organisational development, training, career development and research development; thus people working in an organisation makeup its human resources and their performance impacts the organisation significantly. Productivity of an organisation is strongly correlated with the strategies it uses for its human res ources;Read MoreThe Effect Of Integrating The Social Network Site Facebook And Peer Reviews From Class Instruction On English Writing1023 Words   |  5 Pagescan utilize Facebook to enhance their learning through online social interaction. This way of communication can facilitate discussions and provide students an opportunity to apply their knowledge learned in class in a supportive environment. This research is conducted to explore the effect of a blended approach to teaching by using Facebook, peer assessment, and class instruction. (c) Methods/Materials: The study was conducted on 23 first-year English majors at a technological university in TaiwanRead MoreQuantitative and Qualitative Critiques3025 Words   |  13 PagesCritique 1 Edwal et al study (2007): This study was conducted within the primary care in Sweden. The research question is designed to get better understanding of the lived experience of type 2 diabetes patients, during regular check-ups with the diabetes nurse specialists. Research Methods This research is a qualitative study using the phenomenological-hermenetic method. Parahoo (2006) states that qualitative research explores the individual’s beliefs and life experiences in order to gain anRead MoreConceptual Model For Professional Practice1409 Words   |  6 Pagessame clinical incident. Benner evaluated this application by surveying and observing experienced nurse clinicians, new graduate nurses, and nursing students. (use reverse side of this page if you need additional space) 2.) Describe/explain the components of the model. (2 points) Level I, or Novice, describes a beginner nurse, either a graduate nurse or a senior level nursing student, who commonly hones in on common â€Å"attributes† to nursing care such as vital signs, intake and output, weightRead MorePSY 326 Research Methods2141 Words   |  9 PagesDOWNLOAD PSY 326 Research Methods Week Two Discussion. 1. Research Design    You have been approached by a pharmaceutical company that has developed a new drug that is supposed to be effective in the treatment of schizophrenia. Before mass producing the drug they want to be sure that it is more effective than the drug they are currently producing. They have hired you to design a research study to determine the effectiveness of the new drug compared with the old one. Discuss what research you wouldRead MoreExploring The Potential For Addiction1543 Words   |  7 Pagesfor the social interactions involved in reality. Therefore, the importance of studying MMORPG’s potential for addiction, and research regarding possible pathology, is even more relevant. Hussain and Griffiths explored two hypotheses: (1) assess the impact of online gaming on the lives of gamers, the independent variable being online gaming, the dependent, gamers’ lives; (2) establish whether excessive online gaming leads to psychological and behavioral dependencies, where the independent variableRead MoreCritique Of A Research Study2122 Words   |  9 Pages Critique of a Research Study Stacy Shaffer PSY326 Instructor Nowlin April 27, 2015 Critique of a Research Study I. Introduction The purpose of this article is to critique the article â€Å"Factors Involved in Recovery from Schizophrenia: A Qualitative Study of Thai Mental Health Nurses†, (Kaewprom, Curtis Deane, 2011). Through qualitative research, the authors of this article aimed to answer the question of what factors are present in the recovery from schizophrenia. In recent years, Thailand

Sunday, May 17, 2020

Should The Government Have A Right Essay - 1082 Words

Should the government have a right to demand a backdoor to unlock iPhones? People who are advocates of the government having a backdoor to unlock iPhones believe that this act will help reduce crime in society. Apple is one of the most widespread and frequently used brands in today’s society. It is no astonishment that the government seeks to use this company as a resource for information on crime activity. This demand has recently resulted from the government being unable to access the information in the iPhone 5c of one of the attackers of San Bernardino. The assailant was one of the individuals accountable for the deaths of fourteen victims. â€Å"Prosecutors said the contents of the phone could provide crucial evidence about the attackers’ communications and contacts before the shooting.† The attacker is now dead and all that is left of his deeds and intentions is his iPhone 5c. This criminal was using the iPhone that millions of other people use every day to contact other criminals and most likely discussed the details of his tact ics. If the government has access to iPhones they are then capable of learning more about the criminals that use the phones and they can learn about their intentions in order to prevent further crime. Millions of people use iPhones including criminals and this form of communication is something the government needs access to in order to help prevent crime. People who are against the government having a backdoor to unlock iPhones believe that thisShow MoreRelatedRepublicans vs Democrats Essay1539 Words   |  7 Pagesfor many political positions, such as presidency. Each supports and opposes different issues. The Democratic Party supports a bigger government and believes the government should guide the people. They are known as Liberals because typically they like change. The Republican Party supports a smaller government and believes the people should guide the government. They are known as Conservatives because they are in favor of the core laws of this country. Some people do not consider themselves DemocraticRead More The Influence of John Locke Essay examples970 Words   |  4 Pagesreligion and state should be separated. (Jenkins 123) Locke considered the formation of government from man’s own nature, whether or not government is formed because man is a social animal or if government is formed to preserve society. According to Locke, man must not think that all government in the world is the product only of force and violence, and that men live together by no other rules but that of beasts. Locke also felt that to understand political power right, and deriveRead MoreThe United States And National Government1621 Words   |  7 PagesUnited States has a federal system of government where the states and national government exercise separate powers within their own spheres of authority. Federalism is a system of government where power is controlled by two levels of government, generally national and state. National government mainly deal with issues that affect the entire country, while state deal with smaller issues on a local level. James Madison says that the states and national government are in fact but different agents andRead MoreThe Universal Declaration Of Human Rights1417 Words   |  6 PagesDeclaration of Human Rights (UDHR) delineates the basic rights and freedoms entitled to all humans. The freedom of speech and the right to express beliefs freely is a universal human right protected by Article 19 of the UDHR. It declares that â€Å"everyone has the right to freedom of opinion and expression† and can â€Å"ho ld opinions without interference†. The regional agreements of Iran, China and Bahrain are in accordance with the Universal Declaration and are fully dedicated to upholding the rights of the citizensRead MoreSocial Contract : The American Revolution, And The Irish Revolution871 Words   |  4 Pagesman and government have had a social contract that has been agreed upon. Philosophers throughout history have debated what the social contract is defined as and whether it was right for a citizen or government to break this contract. Multifarious revolutions in history related to the American Revolution, Bolshevik revolution, and the Irish revolution these groups of people fought for what they believed their natural rights were. Either party can break a social contract between a government and itRead MoreGovernment Must Ensure The Protection Of Individual Rights1137 Words   |  5 PagesThe words â€Å"power,† â€Å"rules,† â€Å"control,† will probably come up when thinking about government. But, what is government for? Can a society live without any type of government? The government is very important, and it is difficult to keep a society in order without rules. The government is responsible for setting rules and to enforce those rules to equally protect individual rights; to accomplish this, government should be appropriate for the society, be respected by its rulers, and function only asRead MoreMarriage Private By Stephanie Coontz1196 Words   |  5 Pagesauthor of this article makes is states should stay out of marriage and it should be left up to couples if they want to become married and receive the benefits of marriage, not the states. The author states that a marriage license is no longer used to determine the obligations that a married couple must keep to their children or to each other. It only determines who gets benefits from employers. Lastly, she states that using the license determine if the state should defend the relationship is unfeasibleRead MoreThe Bill Of Rights Is Outdated1573 Words   |  7 PagesSome might say the Bill of Rights is outdated, since it was written back in 1789. I would like to show how it is as relevant today as when it was first penned. Some people believe the Bills of Rights are outdated and need to be modernized. Our Bill of Rights should not be altered and therefore should remain the same. These rights retain an important role in American society and outlines specific freedoms for all Americans. They are essential to preserving our individual rights while ensuring freedomRead MoreGovernment Interference in Our Private Lives Essay1216 Words   |  5 PagesPrivacy Matters in Ame rica In the United States today the government tries to interfere in private lives. There should be no more laws made letting the government interfere in the private lives of people and if there are, people should stand up against this invasion in people’s privacy and sat no. Should the government have the right to interfere in people’s private lives? Does being a part of a representative democracy mean that people can give up their freedom to make their own choices to benefitRead MoreV is For Vendetta: A Civics Lesson Essay722 Words   |  3 Pagesallowed freedoms and rights which should be a must. Similarly in Civics class, we had discussed that in a democracy, citizens are assured that the government will protect interests in the form of rights (a freedom that is being protected, such as right to speech) and freedoms (power to act without unfair interference by an individual or state). So we can understand that the government is not acting as a democratic society because citizens do not have that advantage (of rights and freedoms). V

Friday, May 15, 2020

The Role Of Civil Disobedience And The Civil Rights Movement

Protests have long been an essential part of American life, employed to to draw attention to critical issues,events, and injustices. Ranging from peaceful marches to powerful acts of civil disobedience, not only in the United States but in Central American countries such as Nicaragua. This being said, civil protests and peaceful demonstrations were not necessarily more successful in exuding change than pieces of legislation but moreso acted as a catalyst for social change, leading towards legislation that would positively impact those who protested. The concept of civil disobedience and peaceful demonstration acting as a catalyst can be examined mainly through the protests during the Civil Rights Movement in the U.S. and the Sandinista†¦show more content†¦The result of this boycott was the Montgomery federal court ruling that segregation on public transportation was a violation of the 14th amendment, which was adopted in 1868 following the United States Civil War that guara nteed that all citizens, regardless of their race, had the right to equal rights and equal protection under state and federal laws. Montgomery later appealed to the United States Supreme Court, which upheld the lower court’s decision on December 20th, 1956. This example of peaceful demonstration was significant because it displayed the effect of civil protest and it leading to the eventual change or reiteration of legislation,served as the impetus for the Civil Rights movements of the 1960s, and further recapitulated the argument that civil protest and peaceful demonstration acted more so as a catalyst for change in the advancement of the 1960s African-American community. While the Civil Rights movement in the United States was one of the more prominent movements recognized throughout the world, there were other struggles occurring in the realm of civil rights in Nicaragua. This Somoza family ruled the country in a harsh and unscrupulous way for more than four decade and was later overthrown when workers, businessmen, peasants, students,Show MoreRelatedEssay on Civil Disobedience1532 Words   |  7 PagesAbstract Civil disobedience is the term assigned to actions taken by individuals to sway public opinion about laws that individuals deem unfair or unjust. Actions taken are usually nonviolent, and can include sit-ins, mass demonstrations, picket lines, and marches. Citizens are acting on their consciences, demonstrating highly advanced moral reasoning skills. Generally, these advanced skills fall into Kohlberg’s Six Stages of Moral Development, Stage Five and Six in particular. Characteristics ofRead MoreCivil Disobedience And The Apartheid1428 Words   |  6 Pages Throughout history, civil disobedience has been used to bring about change across a wide variety of civil rights issues. In India, Mahatma Gandhi used civil disobedience to nonviolently protest against the British Raj and, after a thirty-year struggle, earn independence both for himself and his people. In the United States, Reverend Martin Luther King Jr. employed civil disobedience to overcome both the Jim Crow laws that had oppressed the African-American minority and the systemic racism that wasRead MoreWhat Makes A Breach Of Law An Act Of Civil Disobedience?1383 Words   |  6 Pagesact of civil disobedience? When is civil disobedience morally justified?† These are the basic questions that are asked when dealing with civil disobedience. According to John Rawls, civil disobedience is a nonviolent breach of laws by the public in order to reform or change laws or government policies. But Rawls’ concept of civil disobedience is too narrow. This raises many questions. Why should civil disobedience be non-violent? Why does the public play a large role in civil disobedience? This paperRead MoreAffirmative Case : Civil Disobedience1328 Words   |  6 PagesAffirmative Case: Civil Disobedience Mahatma Gandhi once stated, â€Å"Non-cooperation with evil is as much a duty as cooperation with good.† Because I agree I must affirm the resolution that reads, â€Å"Resolved: Civil disobedience in a democracy is morally justified.† Affirming achieves the value of ‘morality,’ defined from Webster’s Revised Unabridged Dictionary as,† The quality of being in accord with standards of right or good conduct† My value criterion is a legitimate government for all. A democraticRead MoreCivil Disobedience: Cost of Change1469 Words   |  6 Pages2013 Civil Disobedience: The cost of change More than 40,000 strong activists from the Sierra Club protested at the White House to reject the Keystone XL Pipeline proposal. They protested because they the extraction of tar sand oil and moving it from Canada to Texas will pollute the groundwater in the surface (Hammel). Civil disobedience is â€Å"the active, professed refusal to obey certain laws, demands, and commands of a government, or of an occupying international power† (Civil Disobedience). ThroughoutRead MoreTranscendentalism1409 Words   |  6 PagesTranscendentalism was a huge cultural movement in the nineteenth century; however, the ideas of the movement still continue to influence our society in the twenty-first century. These ideas of Transcendentalism have continued to exist throughout many years because the ideas remain relevant to society. In fact, the problems that many Transcendentalist writers encountered still happen today in new forms. These similar problems include conformity, the role of governme nt in society, and the importanceRead MoreCivil Disobedience in America1044 Words   |  4 Pageswas right and what was wrong based on their beliefs and views. When we were younger, we were taught to follow and obey those who were older than us and possessed a higher authoritative status. One’s reasoning for being obedient includes: religious beliefs, background, and work ethics. Civil disobedience played a large role in America. Creating protests, riots, and sit-ins, America had many examples of disobedience. In America, we value our rights as citizens and individuals. We have the right to protestRead MoreI Have A Dream Speech1508 Words   |  7 PagesJunior, a Baptist minister in Montgomery, emerged as a prominent figure for this movement. King helped to found the Southern Christian Leadership Conference, a civil rights organization that founght to end racial segregation in the south (History-Civil Rights Movement). In August of nineteen-sixty-three, an event called the M arch on Washington took place, over two-hundred thousand Americans rallied for freedom and rights (Histor-March on Washingtony). At this event that King gave his iconic, â€Å"I haveRead More Exploration of Civil Disobedience in Sophocles Antigone, Kings Letter from Birmingham Jail, and Platos From Crito580 Words   |  3 PagesExploration of Civil Disobedience in Sophocles Antigone, Kings Letter from Birmingham Jail, and Platos From Crito Civil disobedience spawns a major and widely debated issue by many who established by well-known intelligent scholars and many examples of civil disobedience become displayed. The acts of civil disobedience can be noted in major works such as Sophocles?s Antigone, King?s ?Letter from Birmingham Jail?, or even from Plato?s ?from Crito?. A specific claim exemplified throughout theseRead MoreMartin Luther King Jr.1650 Words   |  7 Pagesmost influential figure in the civil rights movement. In his protests, participants would refuse unjust laws and disrupt everyday life by marching or sitting in squares, spreading awareness of their concerns. The marches in particular were highly effective, garnering massive news coverage and sympathy for the protestors. In order to grow and maintain the sympathy generated by this coverage, King also advocated a strict non-violence policy. His methods played a key role in desegregating cities throughout

Wednesday, May 6, 2020

Literature And Criticism Of The 19th Century - 1693 Words

For many, it is hard to know what to do about a world beset by struggles of cultural nationalism and staggering divides in the wealth and poverty of nations. Struggles of such are direct consequences of British colonial rule, after all, Britain was the largest of a series of European empires to conquer and divide a great portion of the world from a bird’s eye view. Thus, the driving force of postcolonial literature is in fact the legacy with which colonialism left behind; it is often concerned with the revision of history, the reclamation of places, and the assertion of one’s cultural identity and integrity. Now, postcolonial literature and criticism began in the nineteen-nineties and continues to preside in the present day; but what is†¦show more content†¦According to Edward Said, a great deal of the Hammoud 2 resistance to imperialism â€Å"was conducted in the name of nationalism† (â€Å"Yeats and Decolonization†, 74). To him, nationalism was a â€Å"mobilizing force† (74) of resistance towards Britain’s role in subordinating Irish culture. Now, in Yeat’s perspective, the most effective way to revise history, reclaim a place, and assert one’s cultural identity and integrity is by articulating that which is artificial as opposed to that which is natural; this requires the use of the imagination over the use of realism to promote national independence. Why? Because what is done is done, and what is lost is lost. In his â€Å"Lake Isle of Innisfree†, Yeats promotes the use of the imagination in order to link what is past, passing, and coming to the people of Ireland. By doing so, he demonstrates that Ireland is capable of imagining nationhood. Unfortunately however, he falls short as he cannot seem to demonstrate that Ireland is a l iving culture capable of adapting to situations initiated by colonial rule. According to postcolonial theory, in terms of the revision of history, colonizers often depicted their victims as ones existing outside of history; the colonized were portrayed as uncivilized and in desperate need of progressive development supported by the colonizers; in this way, postcolonial writers were often preoccupied in telling of things from the perspective of the colonized, in hopes to create a new educational

The Problem Of Personality Psychology Essay - 2390 Words

What is personality? This is the question that we have been posing this whole semester. The textbook states personality psychology is, â€Å"the scientific study of what makes us who we are† (Miserandio, 2012, p.3). Therefore, if that is the case then personality is what makes us who who we are. How we find our own personality takes a lot of work and a lot of soul searching. I know for myself, I cannot judge my personality only from the Five Factor Model (FFM). Yes, the FFM is a good predicament of our personality, but it does not further explain why we get such scores. What I mean by this, is that we have to look at religion, culture, gender, nature vs. nurture, our self-concept, our locus of control, and how we become motivated. Even this list, is very small in comparison to how we should evaluate and discover our own personality. Personality is a very complex concept, and this is why it is very hard to accurately depict a person’s personality with just a few things. To begin, I would like to begin with the FFM and the results I obtained doing a test called â€Å"The Big Five Project Personality Test†. After I took the test, my results were as followed: openness 12, conscientiousness 58, extraversion 27, agreeableness 27, and neuroticism 80 (Potter, 2000).Openness refers to how original and open minded we are in things such as fantasy, values, actions, feelings, and aesthesis (Miserandio, 2012, p.36). I somewhat agree with this score because I come from a very traditional family.Show MoreRelatedIndividual Psychology in the Real World809 Words   |  3 PagesIndividual psychology is a theory developed by Alfred Alder to explain human personality and the behaviors that stem from that personality. His personality theory regards people in a positive light especially in their potential to overcome physical disabilities and the feelings of inferiority that stem from them. Individual psychology can also be used to explain underlying causes of me ntal and physical disorders. Susan E. Belangee in her article â€Å"Couples and Eating Disorders: An Individual PsychologyRead MoreAdolescent Psychology Essay 31067 Words   |  5 PagesQuestion: What Is Psychology? One of the most common questions asked by students new to the study of psychology is What is psychology? Misperceptions created by popular media as well as the diverse careers paths of those holding psychology degrees have contributed this confusion. Psychology is both an applied and academic field that studies the human mind and behavior. Research in psychology seeks to understand and explain thought, emotion, and behavior. Applications of psychology include mentalRead MoreDefinition of Psychology1625 Words   |  7 PagesWhen asked to define psychology there so many thoughts that runs through my mind. Psychology is the scientific study of ones thoughts and behavior. People think psychologically every day for example when you try to explain what someone else is doing to another person. There are many fields of study that try to understand how people think and the actions they take. Psychology is used for many different reasons not only do they study the human behavior they also help mental patients and try to figureRead MoreFreud : The Unconscious, Dreams And The Psychosexual Stages1613 Words   |  7 Pageswas first influenced by Charcot’s hypnosis work, but Freud was more interested in finding the cause of people†™s problems rather than dealing with short-term effects. Freud was later influenced by Breuer who encouraged patients to talk about their problems whilst a doctor listened (Maltby, Day Macaskill, 2013). However, whether Freud’s key concepts are valuable for contemporary psychology will be explored in this essay. The concepts that will be explored are the unconscious, dreams and the psychosexualRead MoreDispositional Essay example1154 Words   |  5 PagesDispositional, Biological, and Evolutionary Psychology University of Phoenix Dispositional, Biological, and Evolutionary Psychology Personality theory has come a long way since its beginning in psychology. Many theorists have based their work on theorists before them, but made changes that indicate that the characteristics of the individual affects the ideas behind their work (Feist, Feist, amp; Roberts, 2013). Comparing dispositional, biological, and evolutionary theories indicates the similaritiesRead MorePsychology Is The Scientific Study Of The Mind And Behavior986 Words   |  4 PagesA Look into Psychology Psychology is known to be the scientific study of the human’s mind and behavior. Psychology is not the study of extraordinary mind activity like paranormal, extrasensory perception (ESP), astrology, nor phrenology. Psychology is theoretically constructed and uses a standard scientific process to discover evidences of that human’s behavior. Psychology also allows an individual to give special assistance to a specific group of children who could have a difficult time in schoolRead MorePsychology Is The Scientific Study Of The Mind And Behavior1589 Words   |  7 PagesWhat is Psychology? That is the first question before I took this class. I do not know what things I study from it. So is it useful for me and my life? Psychology is the scientific study of the mind and behavior. Psychology is a multifaceted discipline and includes many sub-fields of study such areas as human development, sports, health, clinical, social behavior and cognitive processes. (Simply Psycholog y Website). But today I will introduce 4 parts from the introduction to Psychology. That isRead MoreAbnormal Psychology Essay1646 Words   |  7 PagesAbstract The following paper includes such topics of normal and abnormal psychology. Discussed with these topics are definitions of each as well as the similarities and differences between them both. Included here also is a discussion and explanation of two mental disorders and two mental illnesses all taken from the psychology perspective. As the reader will see, normal and abnormal psychology as well as the mental disorders and illnesses are common issues that could happen to any person or affectRead MoreThe Major Areas of Psychology874 Words   |  4 PagesPsychology Essay Assignment 2 Summary Assignment II Gina Maria Holland General Psychology Class South University Online Instructor Sanjay Paul * Explain the various major areas of psychologyRead MoreA Research On An Undergraduate Psychology Student1012 Words   |  5 Pagesdata. In regards to personality, at first glance, it may seem impossible to collect quantitative data. However, as the text book points there are â€Å"LOTS† of ways to collect personality data. â€Å"LOTS† is an acronym for L-data, life record data, O-data, observer data, T-data, test data, and S-data, self-report data (Cervone Pervin, 2013). So in fact there are scientific ways to collect data on personality. As an undergraduate psychology student pursuing a degree in psychology, it is important for

Fraud Risk Factor Identification- Free-Samples-Myassignmenthelp

Questions: 1.Explain how your results Influence your Planning decisions for the audit for the year ending 30 June 2015. 2.Explain why it is a risk and how it may affect the risk of Material Misstatement in the Financial Report. 3.Based on the background Information for DIPL contained in the case, Identify and Explain two key fraud risk factors relating to Misstatements arising from Fraudulent Financial reporting to which DIPL may be susceptible. Answers: 1.Analytical procedures Analytical procedures mean any procedures done by the auditor to make analysis regarding the financial statements of the organization. Analytical procedures are of two types one is preliminary analytical procedures and other is substantive analytical procedures. Preliminary analytical procedures are performed for planning nature, time and extant of substantive procedures required in the performance of the audit. On the other hand, substantive procedures are extensive procedures which include ratio analysis, trend analysis and comparative analysis of financial statements. Results of substantive procedures help the auditor in planning audit (Auditing and Assurance Standards Board, 2009). In the present case company under consideration, Double ink printers limited is a company works in printing industry providing serives of printing on demand as well as e-books with publishers titles, to its clients. The background information of Double ink printers limited indicate various factors which required to take into consideration by the auditor during the planning of audit. Some activities which required special consideration are, Recording of inventory value as well as accounts payble by the same person Indicating factor for impairment of assets purchased from Nuclear Publishing limited in last year Entrance in new loan with two specific conditions Change of chief executive officer and establishment of new internal audit depatment Change of external auditor Implementation of new IT system with insufficient staff No allowance for inventory obsolescence Allowance for inventory obsolescence made in previous years, written back Change in method of inventory valuation from average cost inventory valuation to first in first out based inventory valuation Change in estimated regarding the depreciable life of printing press by incereasing depreciable life, due to this depreciation expenses per year will decline E-book revenue recognization without completion of revenue genration process Results from ratio analysis and comperative analysis Trend analysis of balalnce sheet of Double ink printers limited 2013 2014 2015 Total Current Assets 41.65% 47.22% 36.72% Total Non-Current Assets 58.35% 52.78% 63.28% Total Assets 100.00% 100.00% 100.00% Total Current Liabilities 29.23% 32.19% 24.47% Total Non-current Liabilities 28.68% Total Liabilities 29.23% 32.19% 53.15% Net Assets 70.77% 67.81% 46.85% Total Equity 70.77% 67.81% 46.85% Trend analysis of income statement of Double ink printers limited 2013 2014 2015 Revenue 100.00% 100.00% 100.00% Cost of Sales 82.45% 83.87% 84.80% Gross Profit 17.55% 16.13% 15.20% Profit before tax 9.85% 8.68% 7.04% Profit after tax 6.90% 6.08% 6.84% Ratio relevent for loan conditions 2015 Current ratio 1.50 Debt equity ratio 1.13 Information which collected during the analytical procedures will affect the audit. All above mentioned financial and non financial factors auditor will effect planning for audit. Auditor will plan extensive procedures for reaching an appropriate opinion regarding these assertions (Putra, 2010). 2.Risk assessment and inherent risk identification Risk assessment procedures are procedures which followed by the auditor to measure risks related to financial information (Auditing and Assurance Standards Board, 2011). Audit risks are mainly of three types. Inherent risk arises because of nature of the transaction, control risk arises due to non availability of appropriate control and detection risk arises because of non detection of material misstatement due to lack of procedures followed by the auditor (Auditing and Assurance Standards Board, 2009). In the present case, inherent risk factors are, Change in method of inventory valuation from average cost inventory valuation to first in first out based inventory valuation Change in estimated regarding the depreciable life of printing press by incereasing depreciable life, due to this depreciation expenses per year will decline These changes are considered as an inherent risk factor because application of both changes will result in higher net income and in turn better financial position. Suggested change in method of inventory valuation will increase the value of closing stock and in turn, will increase net income. Suggested change in the life of the non-current asset will decline depreciation expenses and in turn, will increase net income. Due to nature of these two changes, these assertions involves inherent risk and this can be reduced up to an acceptable level by making appropriate audit procedures. 3.Fraud risk factor identification Fraud risk is the risk that financial reports of the organization are manipulated by a fraudster in such a way so that it becomes material for the users of financial reports. Fraud risk factors are the factors present in the reports of financial data which increase the suspicion of fraud (Auditing and Assurance Standards Board, 2013). Fraud can be initiated by any level of management of the organization. Fraud is performed by fraudster either because of pressure or because of misutilization of extensive rights provided to a person or group of persons. Fraud risk factors and effects of identification of these factors are, Non-allowance for inventory obsolescence, writing back the allowance for inventory obsolescence made in previous years and change in inventory valuation method indicates that there may be fraud risk factor due to pressure. The company needs to make current ratio at least 1.5 for the fulfillment of one condition out of two conditions of a loan from BDO finance. Current ratio can be increased by increasing current assets. Inventory is a current asset and non-creation of inventory allowances, wrtiing back the allowance for inventory obsolescence and change in inventory valuation method will enhance net inventory value. Due to the identification of this factor auditor will increase the extant of procedures for assessment of need of allowance for inventory obsolescence and inventory value. Recording of inventory value, as well as accounts payble by the same person, indicates that there may be fraud risk factor due to misutilization of extensive rights to accounts payable clerk. This employee may make a change in both values i.e. inventory and accounts payable for taking unjustified advantages. Due to the identification of this factor auditor will increase the extant of procedures for assessment of accounts receivable value, for this auditor may send confirmation requests to all accounts payables for confirming their due balance References Auditing and Assurance Standards Board, 2009. ASA 520 Analytical Procedures. [Online] Available at: https://www.auasb.gov.au/admin/file/content102/c3/ASA_520_28-04-06.pdf [Accessed August 20 2017]. Auditing and Assurance Standards Board, 2009. Auditing Standard ASA 200 Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with Australian Auditing Standards. [Online] Available at: https://www.auasb.gov.au/admin/file/content102/c3/ASA_200_27-10-09.pdf [Accessed 20 august 2017]. Auditing and Assurance Standards Board, 2011. Auditing Standard ASA 315 Identifying and Assessing the Risks of Material Misstatement through Understanding the Entity and Its Environment. [Online] Available at: file:///F:/GS%20Solution%20(60%20paise)/Aug/16/risk%20assement%20procedure.pdf [Accessed 20 august 2017]. Auditing and Assurance Standards Board, 2013. Auditing Standard ASA 240 The Auditor's Responsibilities Relating to Fraud in an Audit of a Financial Report. [Online] Available at: https://www.auasb.gov.au/admin/file/content102/c3/Nov13_Compiled_Auditing_Standard_ASA_240.pdf [Accessed 2017 August 20]. Putra, L.D., 2010. https://accounting-financial-tax.com. [Online] Available at: https://accounting-financial-tax.com/2010/04/the-use-of-analytical-procedures-in-auditing/ [Accessed 20 August 2017].