Assign a random variable x, where the value of x is equal to the number of heads observed in the flips. 6) What is the probability of observing 30 or more heads in 50 flips? 7) What is the probability of observing more than 35 tails in 50 flips? Use the following scenario to answer the next 3 questions. Suppose a student in Business Statistics has no been attending class this quarter but decides to take the exam anyway.
What is the probability that an investor tracks the portfolio monthly? (References: example 6 page 137, end of section exercises 45 - 48 page 145) (5 points) How often tracked? Response Daily 235 Weekly 278 Monthly 292 Few times a year 136 Do not track 59 Section 3.2: Conditional Probability and the Multiplication Rule 3. a. In a battleground state, 36% of all voters are Republicans. Assuming that there are only two parties - Democrat and Republican, if two voters are randomly selected for a telephone survey, what is the probability that they one is a Democrat followed by a Republican?
The old gas station had been remodeled, the gas pumps had been removed, and the large sign above the small building read "OIL AND LUBE-- $10 and 10 MINUTES." For two hours, Dick observed the converted gas station from a restaurant across the street. During the next month, Dick made three trips to Los Angeles to talk to the owner, George, about how he got into the business and how the business worked. Dick paid George $1,000 for his advice and information and promised never to compete directly with George or ever to open or operate a similar type of business in the Los Angeles area. After talking to his lawyer and accountant, Dick started to organize a new business--Kwik Lube.
Number of teams 2. Number of players on each team 3. Number of siblings that will attend the soccer clinics 4. Number of college recruiters that attend the tournament After reviewing all of the overhead expense allocations we determined the following expenses should be removed from the original Profit Statement: 1. City field rental: * CYSL rents 10 city soccer fields for 40 weeks a year and therefore this is a cost incurred and cannot be recovered regardless if the tournament is cancelled or not.
C.W.H Gas Company Ltd. Runaway Bay Gas Pro Filling Plant, Cardiff Hall P.O. Box 541 Brown’s Town, St. Ann, 973-7441 / 973-5040 Head Office: 975-2890 Fax: 975-2670 April 6th, 2012 Dear Mr. Bernard Riley, For the month of March we had given you a target of: 650 11 kg cylinders 160 14 kg cylinders 30 45 kg cylinders Unfortunately you did not make your targets. You have sold eighty-seven (87) small cylinders and three (03) 45 cylinders less than your target. Your sales target for April 2012 is: 600 11 kg cylinders 250 14 kg cylinders 25 45 kg cylinders If this target is achieved, you will be compensated with Ten Dollars ($10.00) OFF each cylinder sold (e.g. 875 x $10.00 = $8,750.00).
The budget for the robot is 5.5 million dollars. The actual cost is 7.2 million dollars, 1.7 million dollars over budget. e. Operations section ran out of part during the week of Aug 7. f. Quality of the incoming parts is causing major production problems. g. The president’s secretary called Ted twice on Saturday to complain about the janitorial contract. The windows were not properly cleaned.
Write an equation that represents this situation. How much will the car salesman earn after he sells 53 cars? y=mx+b y= 15,000+150(53) y= 15,000+7950 y= 22,950 He earns $22,950. Linear Function: A student in Ms. Lorusso's math class earned a 100 on their first exam. on their 2nd test they recieved a 97 and continously lost 3 points on each exam.
We created the following examples to show how WACC could potentially influence Marriott’s financial decisions: Suppose Marriott is taking on a project that requires a $100,000 initial investment, which produces cash inflows of $20,000 per year for 10 years. If we use Marriott’s current WACC of 9.29% the project would produce an NPV of $26,730. If we use the Target WACC, 10.24% for Marriott the NPV would be $21,634. Deciding based on the assumption of an NPV of $26K but it will actually achieve a NPV of $21K. Management will have to explain to shareholders why they were unsuccessful in achieving increased shareholder value.
Robin Chase developed the first plan to have customers become members with initial payments of $625 ($325 of which was application fee and security deposit) and additional payments of $1.50 per hour and $0.40 per mile. By May 2000 after further research and consumer feedback Chase changed to a tiered pricing model. The membership fee decreased from $300 to $75 (totaling to $400 with application fee and security deposit). This $225 decrease was due to consumer research regarding resistance to membership at the higher price point. In addition hourly charges increased from $1.50 per hour to $4.50 - $7.50 an hour with a max daily rate of $44.
304). He also expected the risk of his firm to increase from 8.8% to 10%, and at that time, the risk free rate was 6%. Encore’s Chief Financial Analyst has appointed junior financial analyst, Marc Scott to determine or set the value of the firm’s current stock by contemplating Jordan Ellis’s predictions. Below is the 2012 (two thousand and twelve) financial data that Marc, the junior financial has compiled in order words collected to support his Analysis. Data Item 2012 value Earnings per share $6.25 Price per share of common stock $40 Book value of common stock equity $60,000,000 Total common shares outstanding 2,500,000 Common stock dividend per share $4 A) Based on the table above, the Firm’s current book value per share is sixty million (60,000,000) and the total common Shares outstanding is 2.5 million.