Identify significant researchers in the field of social psychology and give the major contribution(s) of each.

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Locate significant events and people in the history of social psychology.

In a paper of 1,000-1,250 words, trace the history of social psychology.

  1. Provide evidence of social psychology’s historic link to the fields of psychology and sociology.
  2. Identify significant researchers in the field of social psychology and give the major contribution(s) of each.

In a paper of 1,000-1,250 words, discuss Milgram’s research on obedience to authority. Include the following in your paper:

  • A brief summary of Milgram’s seminal research on obedience to authority. Describe Milgram’s methodology as well as his results and his interpretation of those results.
  • Discuss what current research has found regarding conforming to authority. Will individuals most tend to conform to authority? Why or why not? Does current research support or refute Milgram’s findings? Explain.

Discuss several of the industries of America’s Industrial Revolution in the post-Civil War period.

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Describing the development of industry, business, and labor after the American Civil War. Address the following:Discuss several of the industries of America’s Industrial Revolution in the post-Civil War period.What made these leaders of industry successful?Explain the origins and growth of labor unions.What did Labor Unions accomplish?Use a minimum of three of the sources provided to support your assignment and be sure to cite the sources.At least 500 to 750 Word Count.Describing the development of industry, business, and labor after the American Civil War. Address the following:Use a minimum of three of the sources provided to support your assignment and be sure to cite the sources.At least 500 to 750 Word Count.

 

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History and Systems of Psychology

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S320 History and Systems of Psychology

Directions: Be sure to save an electronic copy of your answer before submitting it to Ashworth College for grading. Unless otherwise stated, answer in complete sentences, and be sure to use correct English, spelling, and grammar. Sources must be cited in APA format. Your response should be four (4) double‐spaced pages; refer to the “Format Requirementsʺ page for specific format requirements.

Philosophers, scientists, and psychologists have sought to understand the human mind for centuries. The theorists of the Scientific Revolution and those of the 18th century presented many theories regarding human consciousness.

Following the guidelines below, write a paper using the information from lessons 1-3.

  1. Explain why we study psychology’s history, providing two (2) examples to support your rationale.
  1. Discuss the changes in beliefs from the end of the pre-modern period into the modern period, providing two (2) examples.
  1. Discuss how these changes have impacted current practice in psychology, providing two (2) examples.
  1. Include a minimum of three (3) credible citations.

Grading Rubric

Please refer to the rubric on the next page for the grading criteria for this assignment.

Conditional Probability

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  1. Conditional Probability

Suppose the probability that a student takes Economics and Psychology is 0.09. The probability that a student takes Economics is 0.70. What is the probability that a student takes Psychology given that the student is taking Economics?

  1. Bayes’ Theorem

Suppose that 1% of the population has a certain genetic defect. An individual can take a test to determine whether they have the genetic defect. The chance of a positive test result given that the person actually has the genetic defect is 90%. The chance of a positive test result if the person does not have the genetic defect is 7%. If a person gets a positive test result, what are the odds they actually have the genetic defect?

  1. Real Options: Decision Tree Analysis

It is the beginning of January 2014 and you have been offered the following deal to go heli-skiing. If you pick the first week in January 2015 and pay for your vacation now, you can get a week of heli-skiing for $2500. However, if you cannot ski because the helicopters cannot fly due to bad weather, there is no snow, or you get sick, you do not get a refund. There is a 40% chance that you will not be able to ski. If you wait until the last minute and go only if you know that the conditions are perfect and you are healthy, the vacation will cost $4000.

You estimate that the pleasure you get from heli-skiing is worth $6000 per week to you (if you had to pay any more than that, you would choose not to go).

(a) If your cost of capital if 8% per year, should you book ahead or wait?

(b) Draw the decision tree.

  1. Financial Options

(a) What is a protective put option?

(b) What is the payoff of this option?

(c) Illustrate the payoff on a graph with stock price on the x-axis and the payoff
on the y-axis.