| | | | | * Question 6 0 out of 2 points | | | Examine the graph below. The government has placed a $200 tariff on Product z. The new equilibrium price is $600. How much tax revenue will be collected? | | | | | Selected Answer: | $10,000 | | | | | * Question 7 2 out of 2 points | | | Examine the graph below.
9-22 The firm of Le and Lysius was conducting the audit of Coomes Molding Corporation for the fiscal year ended October 31. Michelle Le, the partner in charge of the audit, decides that MUS is the appropriate sampling technique to use in order to audit Coomes’s inventory account. The balance in the inventory at October 31 was $4,250,000. Michelle has established the following: risk of incorrect acceptance = 5% (i.e., the desired confidence level of 95%), tolerable misstatement = $212,500, and expected misstatement = $63,750. Required a.
UBS regarded currency risk as a separate investment decision. Investment analysis was done on an excess return basis and as such, currency-hedging was a decision made after the investment analysis, based on the client's needs. What was the investment objective of UBS's global equity portfolio in terms of outperformance vs. the MSCI World Equity Index? How many stocks did this entail? The investment objective to UBS's global equity portfolio was to outperform the MSCI World Equity index by 225 basis points annually over the market cycle.
(Hint: Use Analyze… reports….case summaries) 104.24$ Case Summaries | Dollars ordered from last catalog | Bought from last catalog | N | Mean | no | 94180 | .00 | yes | 2371 | 104.24 | Total | 96551 | 2.56 | 4. What does a bar chart of Average $ ordered from last catalog by recency deciles show? (Hint: review the Using SPSS for Customer Database Analysis if you need help creating the deciles.) The bar chart shows the average dollar amount ordered for each recency decile. There is a strong relationship between average dollar amount and recency.
MATH 533 Project B Summary: a) The mean sales per week surpasses 41.5 per salesperson. This is the right assumption. Statistical evidence is sufficient to back this claim with associated probability of committing an error which is called p-value = .022. The lower limit of the 95% confidence interval is 41.654. This implies that we can be 95% confident that the average (mean) sales per week exceeds 41.5 per salesperson since 41.654 > 41.5 and therefore our confidence interval does not include 41.5.
Project Part B Rick Aguilar Keller School of Management Applied Managerial Statistics MATH 533 Mark Beintema Project Part B Brief Introduction: AJ Davis is a department store chain, which has many credit customers and wants to find out more information about these customers. AJ Davis has complied a sample of 50 credit customers with data selected in the following variables: Location, Income (in $1,000’s), Size (Number of people living in the household), Years (number of years the customer has lived in the current location), and Credit Balance (customers current credit card balance on the store’s credit card, in $). The manager at AJ Davis has speculated the following: a. The average (mean) annual income was less than $50,000. b.
Next, each item commitment quantity was calculated using its contribution margin and its total contribution in dollar to the revenue of the company. For e.g. if an item had a margin of $15 if sold, and $5 loss if not sold, the commitment value would be 0.75. Hence the optimal stock to keep would be three quarters of the probability of demand. If for instance, the corresponding error for 0.75 is 1.3, the optimal stock to keep for that item would be 1.3 * frozen forecast.
For each, give (a) the Z-score cutoff (or cutoffs) on the comparison distribution at which the null theory should be turned down, (b) the Z score on the comparison distribution for the sample score, and (c) your conclusion. Assume that all populations are normally distributed. Study A: z –score = (7 – 5)/1 = 2 At 0.05 significance level, the z-score is + 1.64 z-score cut-off value = +1.64 As 2 > 1.64 The null theory is turned down. Study B: z –score = (7 – 5)/1 = 2 At 0.05 significance level for two-tailed test, the z-score is ±1.96. z-score cut-off value = ±1.96 Because 2 > +1.96 The null theory is turned down.
• When is an IID sample from a population t is a predetermined constant that depends on the sample size n and desired confidence level. • “±2 Standard Error” Rule of Thumb: Unless n ≤ 30 and precise confidence is needed, the approximate 95% CI is: • Typically stated at the 95% confidence level. But why 95%? “Ideally we would like a narrow 99.99% interval, since such an interval almost certainly contains the
Ignoring taxes, the correct opportunity cost for this machine in capital budgeting decisions is: A. $75,000 B. $25,000 C. $20,000 D. $5,000 4. What is the amount of the operating cash flow for a firm with $500,000 profit before tax, $100,000 depreciation expense, and a 35% marginal tax rate? A.