What are the IRB standards?

Answers

Answer 1

An IRB is a properly constituted organization that has been officially established to examine and oversee biomedical research involving human participants in accordance with FDA standards.

What are the IRB's main responsibilities?

The welfare, rights, and privacy of human subjects are protected by the IRB. As defined by both federal regulations and institutional policy, the IRB has the power to approve, exempt, disapprove, monitor, and demand revisions in all research activities that come under its purview.

How does the IRB safeguard human experimenters?

Before individuals can be enrolled in a study, institutional review boards (IRBs) are required by law to examine research involving human beings to make sure that the proposed protocol complies with the relevant ethical standards.

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Related Questions

What does it mean when a company talks about being carbon neutral it will stop the production of all the items that are increasing its carbon footprint?

Answers

It means lowering or offsetting its carbon emissions in order to balance them out. Being neutral refers to the process by which a company balances its carbon emissions.

What does mean when a company talks about being carbon neutral?It means lowering or offsetting its carbon emissions in order to balance them out. Being neutral refers to the process by which a company balances its carbon emissions. This is done by removing an equivalent amount of carbon from the atmosphere.When businesses quantify their carbon emissions and make up for what they have produced through carbon offset programs, they become carbon neutral. Along with avoiding them and reducing them, offsetting carbon emissions is a crucial step in comprehensive climate action.

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What do deductions reduce?

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Tax deductions reduce the tax liability of taxpayer.

By reducing their taxable income, tax deductions let people pay less in taxes. A deduction reduces your taxable income, which lowers the amount of tax you owe, but only indirectly and not by cutting your tax. Depending on your tax rate, a tax deduction has different benefits.

You are permitted by federal tax law to deduct a variety of personal costs from your taxable income each year. Due to the decrease in taxable income, which lowers the amount of income subject to federal income tax, this can truly pay off during tax season.

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cori's corp. has an equity value of $13,530. long-term debt is $8,850. net working capital, other than cash, is $3,640. fixed assets are $18,030 and current liabilities are $1,890. a. how much cash does the company have? (do not round intermediate calculations.) b. what is the value of the current assets? (do not round intermediate calculations.)

Answers

a. company have $710 amount of cash.

b. the value of the current assets is $6240.

As per the given data,

we need to find out the much cash does the company have and current assets of the company.

According to the given question,

it is given that,

cori's corp. has an equity value = $13,530.

long-term debt =$8,850.

net working capital, other than cash, = $3,640.

fixed assets = $18,030

current liabilities = $1,890

we know that, net working capital can be calculated by subtracting  current liabilities from Current assets (other than cash) as follows:

Net working capital (other than cash ) = Current assets (other than cash) - current liabilities

Now, by putting given values in above stated formula, we get:

3640 = current assets ( other than cash) - 1,890

Current assets ( other than cash ) = 3640+1890= $5530

Therefore, Current assets ( other than cash ) is $5530

Now,

Cash = Equity +Long term debt +current liabilities - fixed assets - current assets ( other than cash)

by putting values in above stated formula, we get:

Cash = $13,530 + $8850 + $1890 -$18,030 - $5530= $710

a. Therefore company have $710 amount of cash

b. we know that,

Current assets = current assets other than cash + cash

Therefore,

Current assets = $5530 + $710 =$6240

hence, the value of the current assets is $6240.

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What is the purpose of the deployment?

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Application, module, update, and patch delivery from developers to users is accomplished through deployment.

What are the main goals of deployment activities?

the efficient use of something or someone: the application of technology to this problem. the transfer of personnel or supplies to a location where they can be used when necessary: 300 soldiers were sent into action by the Chief of Police in an effort to quell the riots.

The primary objective of the procedure is to add value for the client and to enable the service to be transferred to the service operation.

Application, module, update, and patch delivery from developers to users is accomplished through deployment. The techniques used by developers to create, test, and release new code will have an impact on how quickly a product can adapt to changes in user preferences or requirements and the quality of the final result.

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Buyer Smith purchases thirty-five acres for a subdivision development and she plans to phase the development.In order to sell the lots in the first phase of the project,she should reserve mortgage a
a)Partial release clause
b)Redemption clause
c)Subordination clause
d)Takeout clause

Answers

In order to sell the lots in the first phase of the project, Buyer Smith should reserve mortgage a partial release clause. The correct answer is option A.

What is a partial release clause?

A partial release is a mortgage provision which allows some of the collateral to be released from a mortgage after the borrower pays a particular amount of the loan. Lenders need proof of payment, a survey map, appraisal, and a letter mentioning the reason for the partial release. It is often found in tract development construction loans.

In simple words, a partial release of a mortgage is a method of splitting up a piece of property which is currently under a mortgage lien.

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What is meant by idealistic view of life and materialistic view of life?

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Idealism contends that our mental health determines how we act and feel . • According to materialism, which holds that we are all composed of atoms, all acts and behaviours are caused by matter.

The word "idealism" in philosophy refers to metaphysical viewpoints that contend that perception and understanding are inseparable from reality and that reality is a mental construction strongly related to ideas. There are two types of idealist perspectives: subjective idealism, which contends that a material object exists only to the extent that a human being perceives it, and objective idealism, which contends that there is an objective consciousness that predates and exists independently of human consciousness, thereby establishing the object's existence as independent of human perception.

According to the philosopher George Berkeley, one must perceive an object's essence.

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What is an NGO and its functions?

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Non-governmental organisations, or NGOs, are crucial to worldwide philanthropy, help, and development. NGOs frequently operate on a non-profit basis and may have annual budgets in the millions or even billions of dollars.

Which NGO is the most significant?NGOs include groups like Amnesty International, the Salvation Army, and the American Red Cross. INGO: an international NGO is one of the many permutations of the NGO abbreviation. Most likely the Anti-Slavery Society, founded in 1839, was the first global NGO. Numerous organisations came into existence after the anti-slavery campaign, which peaked at the end of the 18th century. The group hires professionals to conduct accurate, fact-based research on how governments and other parties violate human rights.In the eighteenth century, non-governmental groups first began to appear. The first worldwide NGO was The Anti-Slavery Society, which was established in 1839. Since it first opened its doors, this organisation has had a significant positive influence on society and inspired the creation of numerous additional NGOs.

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Because puts and calls derive their value from the behavior of some other real or financial asset, they are known as derivative securities.

a. True
b. False

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Because puts and calls derive their value from the behavior of some other real or financial asset, they are known as derivative securities. This statement is true.

A financial contract type whose value is based on an underlying value, group of assets, or benchmark is referred to as a "derivative." A financial instrument whose value is based on the value of another asset is referred to as a derivative security. Futures, forwards, options, and swaps are the four primary categories of derivatives.

A convertible bond is an illustration of a derivative security. Such a bond may be exchanged into a predetermined number of shares of the issuing company's stock at the discretion of the bondholder. A convertible bond is a derivative investment since its value is based on the price of the underlying stock.

The correct answer is option a.

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kim's bridal shoppe has 11,600 shares of common stock outstanding at a price of $50 per share. it also has 285 shares of preferred stock outstanding at a price of $92 per share. there are 320 bonds outstanding that have a coupon rate of 6.9 percent paid semiannually. the bonds mature in 31 years, have a face value of $2,000, and sell at 109 percent of par. what is the capital structure weight of the common stock?

Answers

The capital structure is what the query calls for. The common stock has a 0.4448 weight.

What does a business capital mean?

In the realm of business, capital refers to the whole sum of financial materials needed for create goods or services. These cash may be employed to start up operations, cover operational costs, or develop and extend the company.

Briefing :

Debt:

Number of bonds outstanding = 320

Face Value = $2,000

Current Price = 109%*$2,000 = $2,180

Value of Debt = 320 * $2,180

Value of Debt = $697,600

Preferred Stock:

Number of shares outstanding = 285

Current Price = $92

Preferred Stock Value = 285 * $92

Preferred Stock Value = $26,220

Equity:

Number of shares outstanding = 11,600

Current Price = $50

Common Stock Value= 11,600 * $50

Common Stock Value= $580,000

Value of a company is equal to the sum of its debt, preferred stock, and common stock.

Cost of the Firm = $697,600 + $26,220 + $580,000

Value of Firm = $1,303,820

Weight of Common Stock = $580,000/$1,303,820

Weight of Common Stock = 0.4448

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What type of investment has the highest risk and the highest return?

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Stocks have historically offered the highest average rate of return on investment over long periods of time.

Which Investments Have the Best Past Returns?

Stocks have historically offered the highest average rate of return on investment over long periods of time. However, there are no assurances of gains when you purchase stock, making stock one of the riskiest investments.

Since exceeding all other investment kinds throughout the past century, including financial securities, real estate, commodities, and valuable works of art, the U.S. stock market has long been regarded as the source of the highest returns for investors.

Depending on the historical timeline used to analyze returns, stocks may or may not be the best investment.

Individual investors' investment horizons play a role in where they decide to place their money for the best results. Shorter investment time periods are riskier since stock prices are more volatile.

According to Fidelity, stocks offer the highest average annual returns, at 13.8%, compared to bonds' 1.6%, gold's 0.8%, real estate's 8.8%, and CDs' 0.38%.

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Waist circumference, body mass index (BMI), and body fat percentage are three methods for assessing health risk. Read the descriptions below and choose which assessment method is being described for each. Description Assessment Method 1. May inaccurately classify muscular individuals as overweight 2. Assesses how much body weight is composed of fat 3. Assesses fat distribution

Answers

The Body Mass Index is the most practical indicator of obesity and overweight.

What is BMI?

The body mass index is a measurement that is based on a person's height and build. The body fat percentage (BMI) is calculated by dividing the body weight in pounds by the squared of the adult height, and it is given in kilos per square meter (kg/m2).

Abdominal circumference is estimated at the lowest point of the breastbone and the center of the pelvis to determine the body's division of fat.

Gaining too much weight will be the outcome of an increase in any of them, wether BMI or WC.

Being overweight makes you more susceptible to conditions like high cholesterol, dyslipidemia, diabetes, which is very bad for your heart.

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CASE Friendly Assisted Living Facility-1 Friendly Medical Center, an urban, nonprofit, 450-bed rehabilitation hospital, began to see a significant decline in admissions. Friendly Medical Center's mission focuses on inpatient and outpatient rehabilitation of the severely injured and catastrophically ill. While the patient census aried from month to month, it appeared to the Friendly Medical Center Board of Trustees that the inpatient population was slowly but steadily declining. The hospital's market researchers reported that fewer people were being severely injured due to the popularity of seat belts and bicycle/motorcycle helmets. In order to get a handle on the future of the organization, the Board, and the CEO, Fred Splient M.D. called for a major strategic planning effort to take place. In January 20X6, Friendly Medical Center held a planning retreat to identify future opportunities. The outcome of the retreat was that the Medical Center needed to focus its fforts around two major strategic initiatives. The first, a short-run initiative, was to be more cost-effective in the delivery of inpatient care. The second, a long-run strategy, was to develop new programs and services that would capitalize on the existing, highly competent rehabilitation therapy staff and Friendly Medical Center excellent reputation in the region At the time of the retreat, Fred Splient's parents were living with him and his family. Fred was active member of the "sandwich generation." His parents were aging and developing many problems common to the geriatric populace. Their increased medical needs were beginning to wear on Fred and his family. It crossed Fred's mind that life might be more pleasant if the hospital Board approved an expansion of the Medical Center's campus to include living facility ssisted In March 20x6, Fred had his Business Development team prepare a rough estimate of the potential return on the investment of an assisted living facility. He asked the team to identify different options for facility construction and the associated costs. The team also did a complete competitive analysis and examined the options for services to be offered based on Friendly Medical Center's potential population base and catchment area. The Business Development team visited several facilities across the country. The team also interviewed companies that could oversee the design, building, and operation of the facility for Friendly Medical Center. The development team produced a preliminary business plan based on the recommended structure for the facility, estimated capital expenditure needs, estimated income from operation of the facility, as well as projected revenues to other Medical Center programs resulting from the facility's population. The plan was presented at the May 20X6 meeting of the Board of Trustees. Fred Splient and his team introduced the Board to the concept of opening an assisted living facility on Friendly Medical Center's campus. The facility would be set up as a for-profit subsidiary of the Medical Center so that it could generate a profit and not be subjected to the strict guidelines of the hospital's accrediting agencies. As a subsidiary organization, however, the Board would still have control The chosen facility design was a freestanding apartment-like facility with a sheltered connection to the Hospital for access to the kitchen and hospital services. The facility would have 100 units with 15 to 30 of the units classified as "heavy-assisted" and built to code to house the physically and medically disabled. The rest of the units would be "light-assisted larger apartments. The population would be approximately 110 to 150 residents, with most being single occupants rather than couples

Answers

The three main limitations on any project are called the triple constraints, and in this case, they are money, time, and scope. Here, the emphasis must be on quality.

What is Strategic Retreat?

Budget, capitation, fee-for-service, pay for performance, salary, and diagnosis-related groups are examples of prevalent payment methods for providers. In a line item budget, the provider is paid a certain sum for a specified obligation of service provision for a given time period often a year.

Health system executives must increasingly appreciate the importance of taking into account all hospital components as they relate to the consumer as more hospitals move toward value-based care, or care where quality and payment are connected.

Thus, The three main limitations on any project are called the triple constraints.

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What is formal and informal credit?

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All credit suppliers without a monitoring organization are considered to be part of the informal Credit. Formal credit is a source of loans for individuals, businesses, and other institutions.

What is credit?

Credit is referred to as a loan taken from a person in advance with the promise to pay it at a later date with a sum rate of interest. Generally, businesses take loans in order to make the operation of their activities.

Informal credit refers to loans taken from friends or any institution for which no legal proceedings or documentation is required. Formal credit is taken from any financial institution for which a credit score or credit report is required.

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A contribution margin of $35 means that _____.

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A contribution margin of $35 means that each sale of an additional unit will contribute $35 toward paying fixed costs.

The total expenses required to manufacture one additional good are used to calculate marginal cost. As a result, it can be measured by changes in the expenses incurred for each additional unit. Change in Total Expenses / Change in Units Produced = Marginal Cost. The direct cost margin is calculated by dividing the total revenue by the difference between both the revenue earned by the sale of the products or services and the total amount of all direct costs associated with the manufacturing of those goods.

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What is the first action you should take when exposed to a chemical at work?

Answers

If you suspect you may have exposed to a chemical at work , get outside right away and seek medical attention.

If a liquid chemical soaks into skin or clothing, remove your garments immediately, then wash the affected area thoroughly to remove the chemical. Get medical help quickly. If you accidentally get this product on your skin, immediately wash it off with water. If this chemical gets on your clothing, remove it as quickly as you can, and immediately wash your skin with water. After that, seek medical attention if the irritation continues.

Regrettably, there are several kinds of chemical conditions ”. The features of each occurrence will vary depending on a number of factors, including the chemical in issue, the route and duration of exposure, and any catalysts involved. Always give the essential first aid following an accident.

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Which Agile framework breaks workload into smaller increments to improve team focus?

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Scrum is a project framework for implementing the Agile project management methodology. It's a popular method for managing projects that require quick development, testing, and release of products. The Scrum framework breaks a project down into short one- to four-week iterations, called sprints.

Scrum is characterised as a methodology that facilitates teamwork. Scrum employs the idea of the team improvising to learn from experiences, self-organizing, and considering the gains and losses in a team. With all other scrum frameworks and scrum versions, it is used with 66 percent. Therefore, the Agile Framework is utilised to divide work into manageable chunks for team focus and straightforward testing. When a scrum master runs across opposition from outside the scrum team, one way the master can do is collaborate with other scrum masters to tout the efficacy of the Scrum software within the given Organization.

Which Agile framework breaks the workload into smaller increments to improve team focus and simplify testing?

-Design Thinking

-Scrum

-Waterfall

-DevOps

-I don't know this yet.

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What is an example of task that could be automated?

Answers

Using a software like Hootsuite to schedule social media posts or a content management system like WordPress to schedule blog entries paycheck for processing to be sent. document backup. emailing a reminder.

How do you determine whether a task is automatable?

Automation is ideal for tasks that must be completed often or according to a defined schedule since the advantages are immediate. You'll spend less time each day performing routine duties that can easily grow tiresome or aggravating. Automation works very well for tasks that happen only once a year rather than every day.

To optimize the movement of goods, any logistics facility can contain examples like stacker cranes, conveyors, and the Pallet Shuttle.

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What are the 6 key economic indicators?

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The 6 key economic indicators are listed as follows.

The term economic factor in economics is referred as macroeconomic measurements that determine the overall health of an economy by understanding and learning about the present and future opportunities and activities.

These indicators given the historical data, statistics, long-term forecasts and actual values of the economic activities.

In order to identify these details we have to use the following key indicators,

1. Gross domestic product

2. Unemployment

3. Balance of trade

4. Price of crude oil

5. Consume price index

6. Consumer debt.

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What are the 3 most common taxes?

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There are several less well-known tax types, such as trip taxes and taxes on wins from casinos, but in this piece, we'll be concentrating on three of the most common taxes types: income tax, consumption tax, and property tax.

An income tax is a fee assessed against individuals or groups (taxpayers) based on their income (commonly called taxable income). In most cases, income tax is calculated as the sum of the tax rate and the amount of taxable income. The type of taxpayer and the type of income are two factors that can affect the tax rate. As taxable income rises, the tax rate could rise as well (referred to as graduated or progressive tax rates). Corporate tax, the term used to describe the tax placed on companies, is generally calculated at a flat rate. Individual income is frequently taxed at progressive rates, meaning that the tax rate is raised for every additional unit of income. Most jurisdictions often exclude local charities from taxation. Different (often lower) tax rates than those applied to other types of income may apply to investment income. Tax-reducing credits of all stripes may be granted. Some countries apply whichever tax is higher—an income tax or a tax on a different foundation or way of measuring income. Taxable income for taxpayers who live in the jurisdiction is typically their total income less any additional deductions and costs incurred in earning that income. Only net gains from the sale of assets, including items held for sale, are typically included in income. Distributions of profits made by a firm are typically included in the income of its shareholders. Every item that generates money or is related to a business, including a provision for the cost of commercial assets, is normally deductible.

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What important facts should an entrepreneur gather in preparing a business plan?

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Answer:

Your basic business concept. ...

Your strategy and the specific actions you plan to take to implement it. ...

Your products and services and their competitive advantages. ...

The markets you'll pursue. ...

The background of your management team and key employees. ...

Your financing needs.

Information received from the link below. I hope this helps out :)

https://www.entrepreneur.com

Which of the following is an example of an IaaS Cloud Service Mcq?

Answers

Rackspace, Amazon Web Services (AWS) and Joyent.

The virtualization programme, is used by both Amazon and Rackspace to build their cloud environments. The type 1 hypervisor Xen creates logical pools of system resources to enable the of the same resources by several virtual machines. Xen is the name of a hypervisor that is directly installed on the system hardware. This platform is used by virtualization managers to instal, host, and manage VMs. In addition, it is used to grant VMs access to hardware resources including CPU, memory, networking, and storage. As a result, the type 1 hypervisor Xen enables the simultaneous use of many operating systems on the same computer hardware.

Which of the following is an example of an IaaS Cloud Service Mcq?

a, Rackspace

b Amazon Web Services (AWS)

c. joyent

d.. all the above

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ariel, bob, candice and dmitri are equal partners in a local ski resort. the resort reports the following items for the current year: business revenue $ 1,200,000 business expenses 750,000 short-term capital gains 107,000 short-term capital losses (103,000) each partner receives a schedule k-1 with one-fourth of the preceding items reported to him/her. how must each individual report these results on his/her form 1040?

Answers

$112,500 income on Schedule E; $1,000 short-term capital gain on Schedule D.

What Is a short-term  Gain?

A short-term gain is a profit made through the sale of a capital asset, such as a piece of personal or investment property, that has been owned for one year or less. Ordinary income, which is taxed at your personal income tax rate, is what these gains are treated as.

Any profit or capital gain that an individual receives upon selling short-term capital assets is referred to as a short-term capital gain.

business revenue $ 1,200,000

business expenses 750,000

short-term capital gains 107,000

short-term capital losses (103,000)

each partner receives a schedule k-1 with one-fourth of the preceding items reported to him/he

$112,500 income on Schedule E; $1,000 short-term capital gain on Schedule D.

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What are the three main parts of the Fed?

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There are three key entities in the Federal Reserve System: the Board of Governors, the Federal Reserve Banks (Reserve Banks), and the Federal Open Market Committee (FOMC).

The Federal Reserve System is the United States of America's central banking system. It was established on December 23, 1913, with the passage of the Federal Reserve Act, following a series of financial panics (particularly the panic of 1907) that prompted a desire for central control of the monetary system to alleviate financial crises.

Events such as the Great Depression in the 1930s and the Great Recession in the 2000s have led to the Federal Reserve System's roles and responsibilities expanding over time.

There are several layers to the Federal Reserve System. It is governed by the Federal Reserve Board, which is appointed by the President. Twelve regional Federal Reserve Banks, located in major cities across the country, regulate and supervise privately held commercial banks.

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Hadoop's two major components are
a. a real-time data processor and a framework for data analytics
b. a data processing component and a distributed file system
c. a JobTracker and a group of TaskTrackers
d. a cluster and a group of servers

Answers

Hadoop's two major components are a data processing component and a distributed file system.

Hadoop is an open-source software framework for storing and processing large amounts of data on clusters of commodity hardware. It has two major components: a data processing component and a distributed file system.

The data processing component, also known as the MapReduce engine, is responsible for processing large amounts of data in parallel across a cluster of nodes.

The distributed file system, known as the Hadoop Distributed File System (HDFS), stores data on multiple nodes in the cluster and allows for distributed processing of data.

Option a. a real-time data processor and a framework for data analytics is incorrect because Hadoop is not designed for real-time processing of data.

Option c. a JobTracker and a group of TaskTrackers is incorrect because these are components of the MapReduce engine, which is part of the data processing component of Hadoop.

Option d. a cluster and a group of servers is incorrect because Hadoop consists of more than just a cluster and a group of servers. It includes both a data processing component and a distributed file system.

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What is the most carbon neutral company?

Answers

Coca-Cola, some of the biggest names are pledging to go carbon neutral.

Which is the world's first carbon neutral?The first foreign location to receive the certificate for carbon neutrality is Machu Picchu. The Green Initiative, a group that works to promote eco-friendly and green travel, gave the certification to the Historic and Natural Sanctuary of Machu Picchu. The Green Initiative promoted Machu Picchu as a sustainability benchmark around the world.According to the certification, it aims to significantly reduce the carbon dioxide emissions of the Inca citadel, with the goal of doing so by 2030 and becoming carbon neutral by 2050.This well-known tourist destination used a number of strategies to obtain this certification. In addition to everything else, Machu Picchu received certification for constructing the sole organic waste treatment facility in Peru.

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What are the 6 types of risk factors?

Answers

health risk factors and their main parameters in built environments are further identified and classified into six groups: biological, chemical, physical, psychosocial, personal, and others.

One of the most influential schools of modern psychology is psychodynamic psychology. And it holds that therapeutic practise should aim to restore the more healthy, straightforward, and natural aspects of each patient's personality whenever required and practicable. This branch of psychosocial discusses an inner, unconscious world that is extremely complex and has a big impact on our emotions, our choices in relationships, and our worldview. It also discusses how these things affect our behaviour and how we feel right now. By creating a link between our unconscious selves and ourselves, psychodynamic therapy helps us overcome.

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Does contractionary policy cause inflation?

Answers

The goal of contractile monetary policy is to reduce, not stop, demand for goods and services. Higher interest rates can be used to curb inflation and return economy to the price-stable element of double duty.

What Happens with Contractionary Monetary Policy?

Contractionary monetary policy aims to slow economic growth or even contract the economy to keep inflation under control. Above all, it slows growth by raising interest rates and reducing the money supply. Rising interest rates are pushing consumers to spend less, especially through the use of credit cards.

Is high inflation expansionary or contractionary?

High inflation is contractionary. Distortions include crowding-out effects where high inflation, inappropriate asset prices, or rising interest rates due to an increase in the money supply lead to a decline in private investment spending, blunts the initial increase in total investment spending.

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Which QuickBooks has profitability tracking?

Answers

QuickBooks that has profitability tracking is QuickBooks Online Plus version. You can track Profit and Loss by Customers without using Class or Location Tracking functions.

Profit or what we also know as profit is something that describes the financial benefits that are realized when the income generated from business activities exceeds the costs, fees and taxes involved in supporting the business activity concerned. Any profits made are funneled back to the business owner, who chooses to either pocket the cash or invest it back into the business. Profit is calculated as total revenue minus total costs.

The three main types of profit are gross profit, operating profit, and net profit - all of which can be found on the income statement. Each type of profit provides analysts with more information about a company's performance, especially when compared to other competitors and a specific period.

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Who defines the sprint?

Answers

The scrum master, the team's facilitator, and the manager of the Scrum framework decide how long a sprint will last.

All subsequent sprints should follow the team's decision about the number of days that a sprint should last. A sprint typically lasts 30 days. Once a sprint has started, the product owner must take a back seat and allow teamwork. The team has daily stand-up meetings during the sprint to go over progress and come up with solutions to problems. The project owner is permitted to witness these sessions but is not permitted to participate except to respond to queries. A sprint cannot be interrupted or stopped by the project owner, and only the scrum master or project manager has the authority to do so.

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What is one way a market economy affects the lives of private citizens citizens can change jobs relatively easily citizens cannot choose their own careers?

Answers

The ability to shift employment relatively readily is one way that a market economy impacts the lives of ordinary people.

What is market economy?

In a market economy, firms and individuals interact to determine how much goods and services should cost and how to best allocate scarce resources. This word often refers to an economy that is more market oriented overall, however there may be some government intervention or central planning.

Entrepreneurs have the flexibility in a market economy to pursue profit by producing outputs that are worth more than the inputs they consume, and the freedom to fail and close their businesses if they don't.

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