arentheses at the start of the question, and the total points for the entire assignment adds up to 100. This assignment covers Statistics as related to finance. Refer to Note on Review of Statistics before you attempt this assignment. And feel free to use the statistical functions in Excel/Spreadsheets to calculate stuff.
In accordance with the Coursera Honor Code, I (Amanda Milligan) certify that the answers here are my own work.
Question 1
(5 points) Shareholders of Exxon Oil Company face a variety of risks in holding its shares. If the economy falters, people tend to travel less and so there is less demand from the airlines industry for Exxon's fuels. This type of risk that Exxon's shareholders bear is
Specific/Idiosyncratic Risk.
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Which investment best fits your grandfather's needs?
Portfolio A.
Portfolio C.
Portfolio B.
Question 4
(10 points) Since investors are typically risk averse, they require a risk premium for any additional risk, regardless of source, that holding a security requires them to bear.
True.
False.
Question 5
(10) While computing covariances among the returns of several stocks can be complicated, the covariance of a stock's return with itself is always one.
False.
True.
Question 6
(10 points) As a CEO you wish to maximize the productivity of your workers. You are thinking about providing your employees with smartphones so they can be readily available to clients and increase sales. However, you are also concerned that your employees are just as likely to download apps that will distract them from their work, leading them to play games and update their social networking sites rather than focus on the job of pleasing clients. To test this you randomly select 6 employees for an experiment. You provide 3 with the new smart phone and the other 3 use their existing technology. The following chart shows their changes in sales. Based on this small sample, what is the correlation between smartphone and increase in sales? [Hint: It may help to use the spreadsheet function CORREL to calculate the correlation. Also, enter the correlation in percentage terms with no more than two decimals, but do not enter the % sign. ] {Anthony, Smartphone: Yes; change in sales 60; Kira,
The domination of Portugal over Ming China during the late post-classical through the early modern era in expeditions to the Indian Ocean is a result of both countries motivations and perceptions. Ming China was motivated to seize all expeditions in order to maintain order and control of Chinese citizens before external influences created chances for chaos, while Portugal was able to win the upper hand on expeditions to the Indian Ocean as a result of the motivation for glory and economic gain. Ming China’s royal members spread negative perceptions of expeditions into the country that prompted civilians to fear leaving the country.
Mark C Elliott’s book Emperor Qianlong Son of Heaven, Man of the World is a short biography about Hongli. Hongli was the fourth son of the Yongzheng Emperor and the favorite of his father and grandfather and was born in 1711. In the beginning it describes how he rose up in rank as a son through his father who introduced him to the current emperor Kangxi, his grandfather. The first chapter gives us the story of what Hongli was like as a child and how he won the favor of the Emperor. The book follows Hongli all the time from his birth from a low ranking palace consort right up to the end of his life even after he technically gave up his title as
“The mind changes, the word changes, time doesn't stay still, history is a verb, it is ongoing, there is no past tense, future tense, history is constant” Hung Liu told interviewer Rachelle Riechart (Riechart). Hung Liu is a Chinese woman who was born in Changchun, China in 1948. She was born during the age which we call the Chinese Cultural Revolution, which heavily impacted her life. She lived in China for 36 years and then left for the United States. She now resides in Oakland, CA, where she teaches art at Mills College (“A World of Art”). A lot of her artwork is based on photographs and memories she has from China and photographs she’s taken in the United
During the 18th Century women in China continued to be subordinated and subjected to men. Their status was maintained by laws, official policies, cultural traditions, as well as philosophical concepts. The Confucian ideology of 'Thrice Following'; identified to whom a women must show allegiance and loyalty as she progressed throughout her life-cycle: as a daughter she was to follow her father, as a wife she was to follow her husband, and as a widow she was to follow her sons. Moreover, in the Confucian perception of the distinction between inner and outer, women were consigned to the inner domestic realm and excluded from the outer realm of examinations, politics and public life. For
Mckissick, Floyd. “CORE Endorses Black Power.” In Let Nobody Turn Us Around: Voices of Resistance, Reform and Renewal: An African American Anthology, edited by Marable, Manning, and Leith Mullings. Rowman & Littlefield, 2003.
The Next piece is an image form Guo Xi who was a master from the Northern
Hsun Tzu's philosophy is built from the idea that human beings are by nature inherently evil, and the good they produce will only come through their conscious activity. Hsun Tzu believes that if man follows his nature and indulges in his natural desires, without transforming himself by conscious activity he is doomed to fall victim to his evil nature. "Any man who follows his nature will inevitably become involved in wrangling and strife, will violate the forms and rules of society, and will end as a criminal." Despite the pessimistic tone of Hsun Tzu's message he does propose conscious activity as a solution to man's evil. This paper will examine Hsun Tzu's perspective in light of both Mencius
It is important to always show respect towards the indigenous, acknowledge their laws, their practices and their customs further paying respects to the original custodians of the land. This however does not mean that recognition of aboriginal customary law is essential to improving the status (social position) of indigenous Australians; on the contrary it poses more problems than solutions. Although law is seen as the fabric of existence and intrinsic to living, it is impossible to judge one legal system in terms of another. As such, while there are many positive aspects of aboriginal customary law, which is merely just different and in no means (worse) or (better) than English common law, its enforcement is not essential to improving the
All through time, successive generations have rebelled against the values and traditions of their elders. In all countries, including China, new generations have sought to find a different path than that of their past leaders. Traditional values become outdated and are replaced with what the younger society deems as significant. Family concentrates on this very subject. In the novel, three brothers struggle against the outdated Confucian values of their elders. Alike in their dislike of the traditional Confucian system of their grandfather, yet very different in their interactions with him and others, begin to reach beyond the ancient values of Confucianism and strive for a breath of freedom. Their struggles against the old values
The Death of Woman Wang, by Jonathan D. Spence, paints a vivid picture of provincial China in the seventeenth century. Manly the life in the northeastern country of T’an-ch’eng. T’an-ch’eng has been through a lot including: an endless cycle of floods, plagues, crop failures, banditry, and heavy taxation. Chinese society in Confucian terms was a patriarchal society with strict rules of conduct. The role at this time of women, however, has historically been one of repression. The traditional ideal woman was a dependent being whose behavior was governed by the "three obedience’s and four virtues". The three obedience’s were obedience to
The Chinese Empire was large and controlled most of Asia at one point in time. One of the dynasties that ruled the empire was the Ming Family. Ruling from 1368-1644, almost three hundred years, the Ming Dynasty impacted Chinese history very much.
Complied during the Warring States Period, the Daodejing is widely known as one of China’s famous philosophy literature. This text reflects the general lament of a civilization that has been worn down from war and seeks to find peace by teaching people how to live by “the Way”. From a war-torn perspective, the Daodejing deems war and government corruption as evil and traces them back to greedy and power-hungry motives. As a successor to Confucius, it still carries some of his ethics. Because of its mystical overtones, it has acquired a large variety of interpretations. Its main teaching is if a person does nothing, then peace will be restored; it is the concept of non-action or 无为。When a person does not try to interfere and allows things to
As many other countries around the world China has its long history of a struggle for equality and prosperity against tyrants and dictatorships. The establishment of People’s Republic of China in 1949 seemed to have put an end to that struggle for a better life. “The Chinese people have stood up!” declared Mao Tse-tung, the chairman of China’s Communist Party (CPP) – a leading political force in the country for the time. The people were defined as a coalition of four social classes: the workers, the peasants, the petite bourgeoisie and the national-capitalists. The four classes were to be led buy the CPP, as the leader of the working class.
China has about five thousand years history which is a very long period of time. Also, the Chinese civilization was growing with these periods of time and it will continues greater than ever. Many wars and unhappinesses were happening during this period. Although, the time has passed, the histories and the civilizations have not passed. These family virtues, serious, working attitudes, sense of justice and the great Confucian tradition have been deeply assimilated into the Chinese people. Some Chinese traditions are different from North American’s. The Chinese culture has many special characteristics which are very interesting for people to learn.
Three areas of philosophy emerged amidst the chaos and constant warring of the Zhou era. The three were called Confucianism, Daoism, and legalism. They were Chinese philosophies that were thought to be the best ways to rule and achieve order in the society. Confucianism believed that a ruler 's job was to set a good example, and not order. Since people were thought of as naturally good, they would following the right path based on their own conscience. Legalism was a more harsh way of ruling, led by Hanfeizi. They thought people were evil, and needed strict laws and punishment to keep them in line. Daoism was very different from either of the other two. It was led by Laozi, who taught that the best kind of government was one who governed