Discuss depression in older adults. What are some of the reasons that older people become depressed?

Please complete the following being mindful to … address all questions, include minimum word counts, and quality of writing.

1. (75 word minimum) Think of the role models you know who are at least 65 years old. What personality traits do you appreciate in these older people? How can you ensure that you will have some of these traits when you are older? Do you think one can develop these traits? Why or why not?

 

2. (75 word minimum) Brainstorm 10 things you want to learn before you die. The list needs to include new learning—you may say travel and that is fine, but what do you intend to learn in your travels? New learning is the most important (e.g., a new sport, dance, language, learning to play an instrument, any skill, etc.). Discuss why new learning is important.

 

3. (50 word minimum) Generally speaking, the level of cognition declines as one gets older. How can you ensure that this decline will be minimal? List five things that you can personally do to improve your cognitive level.

 

4. (100 word minimum) Discuss depression in older adults. What are some of the reasons that older people become depressed? (Include life events and changes that tend to occur.) What is the prognosis for individuals with clinical depression? How can you (in your own profession) help?

 

What governance approach did John Deere appear to have adopted? Did it fit the profile of an “old” heavy industry player?

Attached Files:

CASE STUDY 9‐2 The “MyJohnDeere” Platform

 

“The customer is in control of the data and can share with dealers, crop consultants, and anyone in their network of trust-ed advisers; securely, from any internet enabled device,” says Chris Batdorf, a marketing manager at John Deere.

 

MyJohnDeere project was designed with the realization that there was synergy in linking together disparate sources of information into this “platform.” 27 Who would be interested in using this application? You might expect that John Deere customers and employees would be the only parties. But according to Accenture, a multinational management consulting, technology services, and outsourcing company, John Deere realized that there was value in opening access to its system to farmers, ranchers, landowners, banks, and government workers. The platform is useful for all those people because it integrates information about equipment, production data, and farm operations and helps users improve their profitability. 28

 

A farmer described how the John Deere Operations Center allowed him to upload a treasure trove of data about planting, spraying, fertilizing, and harvesting. He said that he accessed that information later not only to diagnose problems about the equipment but also to make decisions about the use of land and personnel. He said that he can send that information to consultants for real‐time recommendations on what to change even while he was harvesting. 29 A platform such as MyJohnDeere could introduce new capabilities that can provide strategic value to customers, other firms, and, of course, its host. According to Accenture, the platform integrated the Internet of Things with social, mobile, analytics, and cloud technology.

 

The combination encouraged the development of new applications over time and represented a recent pivotal technology trend. Such a platform provided reusable components that can evolve over time. 30

 

Discussion Questions

 

1. What governance approach did John Deere appear to have adopted? Did it fit the profile of an “old” heavy industry player?

 

2. What difficulties do you think an “old” heavy industry player such as John Deere encountered internally when proposing to develop the MyJohnDeere platform?

 

3. What difficulties do you believe John Deere faced externally among the proposed users?

 

4. How do you think John Deere might have overcome those internal and external difficulties? 5. What other parties might have been interested in obtaining the information in John Deere’ s cloud? What might they have done with it? Sources: Adapted from John Deere press release ,

 

Ref:

 

“The MyJohnDeere Operations Center—New Tools to Manage Data” (August 21, 2014), https://www.deere.com/en_US/corporate/our_company/news_and_media/press_releases/2014/agriculture/2014aug21_mjd_ operations_center.page (accessed September 4, 2015) ;

 

Cindy Zimmerman, “MyJohnDeere Operations Center Connectivity” (March 2, 2015) ;http://precision.agwired.com/2015/03/02/myjohndeere‐operations‐center‐connectivity/ (accessed September 4, 2015) ;

 

William Lesieur , “Proliferating Digital Ecosystems through ‘The Platform (R)evolution’ —Accenture Technology Vision 2015,” http:// www.accenture.com/us‐en/blogs/technology‐blog/archive/2015/01/26/proliferating‐digital‐ecosystems‐through‐the‐platform‐%28R%29evolution‐acn‐technology‐vision‐2015.aspx (accessed September 4, 2015)

 

Calculate the difference between the actual market prices of the American and European options that have the same exercise price and maturity.

Approach

(You need to read Chapter 4 of Chance and Brooks (Option Pricing: The Binomial Model) prior to attempting the coursework. Links to all websites relevant to this coursework are given below and are posted under ‘Links’ in Vision).

 

This is a demanding coursework. You are advised to start as early as possible, and follow the following steps in order:

 

1.  Read Chapter 4 of Chance and Brooks (Option Pricing: The Binomial Model).

 

2.  Read the instructions below to understand the requirements.

 

3.  Read the instructions again and extract a list of ALL the data that you need to download (from CBOE, Bloomberg and etfdb.com, see below). This data will consist of

 

a)  prices, exercise prices and time to maturity of European and American call and put options on the S&P100 index (from CBOE);

 

b)  the level and volatility of the S&P100 index (from CBOE);

 

c)  the dividend yield on the S&P100 index (from etfdb.com); and

 

d)  interest rate data (from Bloomberg).

 

Note that you will need to download all this data within the same 15-minute interval, since CBOE’s website provides data with a 15-minute delay, and if you download the data during different 15-minute intervals they will not match with each other.

 

4.  Prior to downloading the data logon to the relevant websites, including the CBOE, and familiarise yourself with them, the option symbols (also explained below), and with the ‘mouse clicks’ that you need to perform in order to download the data. This will prepare you well to act fast enough to download all the data within the same 15-minute interval window.

 

5.  Once the data is downloaded, you will need to do calculations based on this data and, therefore, will require extensive use of Excel. You will also need to repeat these calculations for different options, and to automate the calculations you are strongly advised to think carefully about the structure and organisation of your spreadsheet prior to implementation.

 

6.  Assume a 365 day year throughout.

 

Main Requirement:

 

A report of 1500 to 2000 words in length (excluding figures, tables, references and appendix) that contains a response to the questions that feature under the two steps below. Your report should be stand alone, but you are required to show how you performed the detailed calculations by attaching your Excel sheet in a USB or a CD to the hardcopy submission, or by attaching snapshots to Excel sheets in an Appendix to your report (in this latter case, please highlight, reveal or type the equations used in each cell).

 

STEP 1

 

Downloading Option Data

 

You will need to download prices for puts and calls as in the matrix in the table below (under Choice of Options for Analysis).First read the section below and when you are ready to download the data login to the CBOE website www.cboe.com. Choose the ‘delayed quotes’ tool under the ‘Quotes & Data’ tab. When the ‘Delayed Quotes’ window opens, enter on the left panel the symbol codes OEX or XEO and press ‘submit’. You will see some data with a ‘Filters by’ ribbon at the top. Choose Filters: Volume ‘all’; expiration type ‘all’; options range ‘all’; and choose the expiration month that will determine the maturity of all the options you download. Once these filter values are set press ‘View Chain’. A table of information on options available will then display. It is best to just copy and paste in Excel the entire table that comes up from the website (including the information right at the top line above the table, which pertains to the level of the S&P 100 index itself, not the options). You need to follow this procedure twice, once to extract a table of OEX options, and another for XEO options. Once you have all the data in Excel you can then pick and choose the options that you want t  o focus on in the analyses (specific exercise prices and preferably options that have some volume – you can use the filters too to help you narrow down this choice).

 

Beside prices, you will need to also note the time you downloaded the data, in order to calculate the time left to maturity for these options, and the level of the S&P 100 index (i.e., the spot price of the index) at the time of your downloading the options data. These last two pieces of information appear towards the top of the table anyway, so it is good practice to copy the entire table together with the information that appears at the top of it.

 

Calculating time to maturity

 

With regard to calculations of the maturity dates of the options, bear in mind that the XEO and OEX option contracts at CBOE mature on the Saturday following the third Friday of the maturity month of each contract. (Please check the full contract specifications are available under the ‘Products’ tab in the CBOE website,http://www.cboe.com/products/indexopts/oex_spec.aspx ).

 

Choice of Options for Analysis

 

Consider pairs of put and call options with each pair having the same (or close) strike price and maturity. You need pairs of American-style (OEX) and pairs of European-style (XEO) options. For each exercise style choose a pair that are at-the-money, and another that are out-of-the-money, so that American and European pairs that are at-the-money have the same (or close) time to maturity and exercise price. Do the same for in-the-money and out-of-the-money options. You should end up with a choice of options that fit the description of the table below.

 

American (OEX)

 

European (XEO)

 

Same or close

 

ATM call

 

ATM call

 

Exercise price and time to maturity

 

All options should be active (i.e., showing some volume and/or open interest, but preferably both). But this is not a strict requirement.

 

OTM call

 

OTM call

 

Exercise price and time to maturity

 

ITM call

 

ITM call

 

Exercise price and time to maturity

 

ATM put

 

ATM put

 

Exercise price and time to maturity

 

OTM put

 

OTM put

 

Exercise price and time to maturity

 

ITM put

 

ITM put

 

Exercise price and time to maturity

 

For ATM options choose options that are closest at-the-money (i.e., with a strike price closest to the level of the S&P100 index at the time of downloading the data). Then choose options with exercise price on either side of that of the ATM options such that a pair is ITM and a pair is OTM Choose a particular maturity between 1 week and 1 year for all options that you will use. In all your choices of strike price and maturity be guided by the table above (flexible) and by options that are most active (i.e., ones that are showing some volume of trade and/or open interest, but preferably both, although this is preferable it is not a strict requirement). If you do not see price, volume and open interest data next to an option it could be that you are either accessing the website when CBOE is not open, or the options are not heavily traded. In this case choose other options and access the website during Chicago opening times. Avoid lunch time in Chicago. Take a note of the exact time and date of your data download, or simply copy the screen information. The Chicago Trading Hours are: 8:30 a.m. – 3:15 p.m. Central Time (Chicago time).

 

Interest Rate Data

 

You also need an annualised risk-free rate to calculate ‘theoretical’ fair prices for the options using the Black and Scholes and the Binomial pricing models. Use the ‘interest rates’ market data provided by Bloomberg (http://www.bloomberg.com/markets/rates/index.html). Select an appropriate yield for the risk free interest rate. This usually is the yield of a Treasury Bill (or zero curve) that has a maturity closest to that of the option(s) you downloaded. You are advised to have the same maturity for all your options, but note that if you download options with different maturities you may need more than one interest rate to match. If the maturity of your options is in-between the maturities of two listed Treasury’s then you may need to ‘interpolate’ the yield to end up with one that matches the maturity of the options.

 

Alternative sources of interest rate data (the first is more official) are:

 

1.  http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/Historic-LongTerm-Rate-Data-Visualization.aspx

 

2.  If you have access to Datastream use the following mnemonics (instrument code):  FRTB3M for 3-months Treasury Bills or  FRTB6M for 6-months treasury bills. Datastream is available in the pc labs in Mary Burton Building only (for Edinburgh Campus Students). It is found under icon names ‘Avance4’ or ‘Advance5’. But it takes a bit of getting used to.

 

Proper calculations of theoretical option prices

 

Note that in calculating theoretical option prices you will also need a value for the annual dividend yield on the S&P100 index and an estimate of volatility of the index.  Read the relevant sections below on how to obtain these.

 

Estimating Volatility of the Index (Downloading index volatility data)

 

An estimate of sigma (volatility) for the index can be obtained by reading the value of the volatility index that has a symbol VXO. (Enter VXO on the right hand side box that appears when you click the ‘Quotes&Data’ tab and choose ‘Delayed Quotes’ in the CBOE website). Note, this must be obtained within the same 15-minute interval during which you download the option data.

 

Estimating Annualised Dividend Yield (Downloading index dividend yield data)

 

To calculate theoretical option prices you also need an estimate of the annualised dividend yield of the S&P100 index at the time of downloading the price data. Search for a reasonable value, and although this can be difficult, try http://etfdb.com/index/sp-100-index/dividends/ which gives the dividend yield on an Exchange Traded Fund (ETF) that tracks the S&P100.

 

If you can’t find dividend yield try:

 

http://markets.on.nytimes.com/research/markets/mutualfunds/snapshot.asp?symbol=OEF

 

Enriching Your Analysis?

 

As a base case, do your analysis using mid prices = (bid+ask)/2. Or you can enrich your analysis by performing calculations on bid and on ask prices separately. The difference between the results using the bid from those using the ask prices should be a reflection of the effect of ‘transaction costs,’ and hence you can discuss these effects.

 

Step 1 Coursework Requirements

 

The requirements are:

 

a.  Investigate (calculating and checking) whether the put-call parity holds for the actual market prices of both the European and the American options. Interpret the results (more emphasis and marks will be given to interpretation).

 

b.  Calculate the difference between the actual market prices of the American and European options that have the same exercise price and maturity. Interpret the results (more emphasis and marks will be given to interpretation).

 

c.  Calculate the theoretical Black and Scholes prices of all the selected European and American options and compare these theoretical values with the actual market prices of the options. Interpret any differences (more emphasis and marks will be given to the interpretation).

 

STEP 2

 

Binomial Model Setup Features

 

Using the ‘binomial model’, build a binomial tree for the index level with three time steps, so that the overall time horizon is equal to the maturity of the options selected (i.e., divide the maturity into three equal intervals).

 

With regard to the binomial calculations choose the upward and downward size of price movement as a function of the volatility of the index level (i.e., function of sigma of the index). You can use the equations provided by Chance and Brooks for up (u) and down (d) parameter movements as functions of sigma, also provided in the lecture material. For estimates of sigma seeEstimating Volatility of the Index above. You will also need an estimate of the dividend yield on the index. For these see Estimating Annualised Dividend Yield above.

 

Step 2 Course Requirements

 

Binomial Pricing

 

Using the VXO estimate of volatility evaluate the call and put options using the three-step binomial tree previously constructed for the index level (here you need to have your tree calculations automated so you can evaluate all options). Compare the binomial option prices with the actual option prices observed in the market and discuss the reasons why you do, or do not, observe any differences. (More emphasis and marks will be given to discussion.)

 

Black and Scholes versus Binomial

 

Using the VXO estimate of volatility calculate the Black-Scholes prices of the put and call options. Compare these values with the actual market prices and with those obtained by the Binomial model. Discuss possible reasons for any differences (i.e., compare Black-Scholes versus Binomial, American versus European, puts versus calls, ATM versus OTM). (More emphasis and marks will be given to the discussion of each of these comparisons)

 

Implied volatility

 

By trial and error, find the value of the volatility parameter at which the Black and Scholes price equals the observed actual market price for each option. The value of volatility at which the observed actual market price equals the Black and Scholes price is known as ‘implied volatility’. Create plots of the implied volatility of the options against their exercise price. Compare these values of implied volatility with each other. Also compare them with the value obtained from the VXO index. Discuss the reasons for any differences from each other and from the VXO value. (More emphasis and marks will be given to discussion.)

 

Notes

 

CBOE symbol explanation

 

In CBOE each option has a symbol, and here is an example of how to read these symbols.

 

Example: OEX1327A600 – E (2013 Jan 600.00 Call)

 

OEX is the CBOE symbol of the instrument (in this case S&P 100 American option).

 

The next two digits, 13, stand for the year 2013.

 

The next two digits and letter stand for the expiration date and expiration month

 

·  For call options ‘A’ stands for January, ‘B’ for February, ‘C’ for March,..etc. to ‘L’.

 

·  For put options ‘M’ stands for January, ‘N’ for February, ‘O’ for March,..etc. to ‘X’.

 

So ‘27A’ is 27th of January, and since the letter ‘A’ is used then it indicates a call option.

 

The following number, 600, stands for the strike price of the option.

 

The letter E after the hyphen indicates the market in which the option is traded, in this case CBOE.

 

Alternatively, if you click on the symbol the website will provide you with more detail.

 

Full description of the contract details, including the exact maturity day can be found by clicking the ‘Products’ tab in the CBOE website,

 

http://www.cboe.com/products/indexopts/oex_spec.aspx

 

assume the role of a company manager and write a block business letter that provides bad news to the recipient.

assume the role of a company manager and write a block business letter that provides bad news to the recipient.

When composing your letter, assume that the recipient has previously requested a review of the situation via e-mail, letter, or personal meeting with management. Refer to your textbook for clarity, writing mechanics, professional language, and style guidelines.

 

Analyze security, privacy, ethical, and legal issues related to the digital information world and marketing

Instructions

 

 

For   Assignment 2 you will create a new product and provide how you would market   your product. You will need to provide information on how your product is   superior to your competitions product.

 

1)   Define and explain each of the following tools/concepts below.

 

2)   Use two or more of the concepts from part 1 in your product assessment.

 

3)   Analyze security, privacy, ethical, and legal issues related to the digital   information world and marketing

 

The   assignment needs to be in a Word document and in APA format. You must cite at   least 3 academic references. The page requirement is a minimum of 4 body   pages in length. This does not include the cover and reference pages.

 

What is the structure of this particular society as a whole?

READ: The Promise from the Sociological Imagination by CW Mills.pdf

 

 

Don’t forget to refer to the Discussion Board Check List.pdf 

 

 

Finally, note that from this discussion on, you will be unable to read or comment on posts made by your peers until you have published your own response to this discussion prompt.

 

“The sociological imagination enables us to grasp history and biography and the relations between the two within society.  That is its task and its promise.”

 

That’s an ambitious agenda but, even as a beginner, you can begin to realize that promise by asking three sorts of questions: those referring to structure, history and biography. When asking these three basic questions, you need to differentiate between the two basic elements of society (biography and history).  Differentiate between the “personal troubles of the milieu” and the “public issues of structure.”

 

Answer the following questions based on the contemporary world (large or small, local or global) that YOU live in.  You may focus on one aspect of a particular society (small-scale) or the entire society as whole.  Please be sure to indicate how you’re defining society and/or if you’re focusing on one narrow subsection of a type of society:

 

1. STRUCTURE: What is the structure of this particular society as a whole? What are the essential component parts? How do these parts relate to one another? How does this society differ from others?

 

2. HISTORY: Where does this society stand in human history?  What are the essential features of this historical period?  How did/does social change happen? What macro (large-scale, structural) trends cause social problems?

 

3. BIOGRAPHY: What varieties of men and women now prevail in this society and in this period? How is human behavior changing? In what ways are social characteristics shaped? Which characteristics are encouraged and which are repressed?  How is human “nature” shaped by society’s dominant institutions?

 

4. Write a ONE SENTENCE SUMMARY on the main point of the reading. In other words, what IS the “sociological Imagination” or sociological perspective he is outlining in the article?

Conduct research on recent processors from Intel, IBM, and ARM. Describe their specifications, obtain their figures, and compare their pipeline operations in terms of strengths/weaknesses

Conduct research on the IEEE or ACM journal articles or conference proceedings, published within the last one-year period, about the pipelining concepts. Submit a total of two-page summary for three important publications (along with the original paper complete reference information only).

2. This problem aims to investigate the major perspectives of RISC and CISC architectures in both a written report and a fun mock debate format.

 

a. There are different hypothetical real-life roles: a.1) Local City Mayor, a.2) Tier-1 Research University Biology Professor, a.3) Industrial Businessman, a.4) Hardware developer, a.5) Software developer, and, a.6) NASA Director.

 

b. Conduct research on major journal articles, conference proceedings, or real-life implementations about the RISC and CISC concepts and develop at least three fact-based debate arguments for both to defend and to destroy each architecture for each of the hypothetical roles. (You need to find strong as well as convincing arguments that go well beyond the fundamental class coverage)

 

c. Submit the report including your arguments for and against each architectural approach (as part of the project-2).

 

d. During the project due date, the hypothetical roles for RISC and CISC teams (to perform each role one at a time) and groups to promote each architecture will be randomly assigned in the class. (Satisfactory performance at each role is required for successful project completion)

 

3. Conduct research and explain the following concepts (with proper references): Gelsinger- Hennessy debates, SPEC benchmarks, Spectre and meltdown vulnerabilities (concise concepts and most recent developments), Blue gene supercomputers and corresponding architectures, Top-6 most powerful supercomputers, and Macro-op fusion.

 

4. Conduct research on recent processors from Intel, IBM, and ARM. Describe their specifications, obtain their figures, and compare their pipeline operations in terms of strengths/weaknesses, etc. Also, propose one new idea to improve the existing pipeline operations (make sure to include original source complete references).

 

Conduct research on recent processors from Intel, IBM, and ARM. Describe their specifications, obtain their figures, and compare their pipeline operations in terms of strengths/weaknesses, etc.

Conduct research on the IEEE or ACM journal articles or conference proceedings, published within the last one-year period, about the pipelining concepts. Submit a total of two-page summary for three important publications (along with the original paper complete reference information only).

2. This problem aims to investigate the major perspectives of RISC and CISC architectures in both a written report and a fun mock debate format.

 

a. There are different hypothetical real-life roles: a.1) Local City Mayor, a.2) Tier-1 Research University Biology Professor, a.3) Industrial Businessman, a.4) Hardware developer, a.5) Software developer, and, a.6) NASA Director.

 

b. Conduct research on major journal articles, conference proceedings, or real-life implementations about the RISC and CISC concepts and develop at least three fact-based debate arguments for both to defend and to destroy each architecture for each of the hypothetical roles. (You need to find strong as well as convincing arguments that go well beyond the fundamental class coverage)

 

c. Submit the report including your arguments for and against each architectural approach (as part of the project-2).

 

d. During the project due date, the hypothetical roles for RISC and CISC teams (to perform each role one at a time) and groups to promote each architecture will be randomly assigned in the class. (Satisfactory performance at each role is required for successful project completion)

 

3. Conduct research and explain the following concepts (with proper references): Gelsinger- Hennessy debates, SPEC benchmarks, Spectre and meltdown vulnerabilities (concise concepts and most recent developments), Blue gene supercomputers and corresponding architectures, Top-6 most powerful supercomputers, and Macro-op fusion.

 

4. Conduct research on recent processors from Intel, IBM, and ARM. Describe their specifications, obtain their figures, and compare their pipeline operations in terms of strengths/weaknesses, etc. Also, propose one new idea to improve the existing pipeline operations (make sure to include original source complete references).

 

Write one more scene in the play that takes place five years in the future.

A Raisin in the Sun by Lorraine Hansberry
Write one more scene in the play that takes place five years in the future. Be sure to include how all of the characters are doing, where they are living now, and what happened with the baby that was on the way at the end of the play.

Analyze the fundamental tenets of one (1) transformational learning theory that resonates for you.500 week 4 discussion question

week 4 Discussion

 

“Transformational and Experiential Learning Theories in Action” Please respond to the following:

 

· Analyze the fundamental tenets of one (1) transformational learning theory that resonates for you. Suggest salient activities and instructional strategies that instructors could employ that would promote related aspects of transformational learning. Speculate on the role of transformational learning in nurturing a positive relationship between the instructor and student relative to your chosen theory. Provide a rationale for your response.

 

 

 

· Assess the veracity of the criticisms of experiential learning overall. Next, counter one (1) criticism with one (1) corresponding method or strategy geared toward fostering the successful application of experiential learning within specific learning environments. Support your response with examples of the suggested method or strategy in use.

 

reference

 

Merriam, S. B., Caffarella, R. S., & Baumgartner, L. M. (2007). Learning in adulthood: A comprehensive guide (3rd ed.). San Francisco, CA: Wiley