1. A local real estate investor in Orlando is considering three alternative investments: a motel, a restaurant, or a theater. Profits from the motel or restaurant will be affected by the availability of gasoline and the number of tourists; profits from the theater will be relatively stable under any conditions. The following payoff table shows the profit or loss that could result from each investment: Gasoline Availability Investment Shortage Stable Supply Surplus $15,000 8,000 $20,000 6,000 Motel $-8,000 Restaurant 2,000 Theater 6,000 6,000 5,000 Determine the best investment, using the following decision criteria. a. Maximax b. Maximin c. Minimax regret d. Hurwicz (a = .4) e. Equal likelihood

1. A local real estate investor in Orlando is considering three alternative investments: a motel, a restaurant, or a theater. Profits from the motel or restaurant will be affected by the availability of gasoline and the number of tourists; profits from the theater will be relatively stable under any conditions. The following payoff table shows the profit or loss that could result from each investment: Gasoline Availability Investment Shortage Stable Supply Surplus $15,000 8,000 $20,000 6,000 Motel $-8,000 Restaurant 2,000 Theater 6,000 6,000 5,000 Determine the best investment, using the following decision criteria. a. Maximax b. Maximin c. Minimax regret d. Hurwicz (a = .4) e. Equal likelihood

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Description: 1. A local real estate investor in Orlando is considering three alternativeinvestments: a motel, a restaurant, or a theater. Profits from the motel orrestaurant will be affected by the availability of gasoline and the number oftourists; profits from

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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A US firm, having prior knowledge that Russia would invade Ukraine, bought 100,000 barrels of oil from Heritage Limited , a Trinidad firm . If in January 2022, the US firm enters into a forward contract to purchase the oil at US$65 per barrel to settle in November 2022, what is the gain/loss on the contract to the US firm? The spot price of oil in November averages US$100 per barrel. a. US$35,000 loss b. US$40,000 gain c. US$40,000 loss d. US$35,000 gain
Nicholas Grammas is an investment analyst examining the performance of two mutual funds with Janus Capital Group: the Janus Balanced Fund and the Janus Overseas Fund. The Janus Balanced Fund (JANBX): This “core” fund consists of stocks and bonds and its goal is diversification. It has historically produced solid long-term returns through different market cycles. The Janus Overseas Fund (JAOSX): This fund invests in overseas companies based on their individual merits instead of their geography or industry sector. The following table reports a portion of the annual returns (in percent) for these two funds from 2000–2016. Year. Balanced. Overseas 2000 -2.16 -18.57 2001 -5.04 -23.11 2002 -6.56 -23.89 2003 13.74 36.79 2004 8.71 18.58 2005 7.75 32.39 2006 10.56 47.21 2007 10.15 27.76 2008 -15.22 -52.75 2009 24.28 78.12 2010 7.83 19.28…
Federated Electronics, Ltd., manufactures display screensand monitors for computers and televisions, which it sellsto companies around the world. It wants to construct a new warehouse and distribution center in Asia to serve emerg-ing markets there. It has identified potential sites in the port cities of Shanghai, Singapore, Pusan, Kaohsiung, and HongKong and has estimated the possible revenues for each(minus construction costs which are higher in some citieslike Hong Kong). At each site the projected revenues are primarily based on these factors, (1) the economic condi-tions at the port including the projected traffic, infrastruc-ture, labor rates and availability; and expansion and modernization; and (2) the future government situationwhich includes the political stability, fees, tariffs, duties,and trade regulations. Following is a payoff table thatshows the projected revenues (in $ billions) for six years given the four possible combinations for positive and nega-tive port and…
First Securities, Inc., an investment firm, has $380,000 on account. The chief investment officer would like to reinvest the $380,000 in a portfolio that would maximize return on investment while at the same time maintaining a relatively conservative mix of stocks and bonds. The following table shows the investment opportunities and rates of return. Investment Opportunity Rate of Return Municipal Bonds (X1) 0.095 High Tech Stock (X2) 0.146 Blue Chip Stock (X3) 0.075 Federal Bonds (X4) 0.070 a) The Board of Directors has mandated that at least 60 percent of the investment consist of a combination of municipal and federal bonds, at least 25 percent Blue Chip Stock, no more than 30 percent High Tech and Blue Chip Stock, and no more than 15 percent High Tech Stock. Based on above problem, how many constraints are in this problem? A) 3 B) 4 C) 5 D) 2 b) Based on part a, which of the…
How common are financial cost or contractual constraints associated with smartphone ownership? A survey of smartphone users found that 48% of the 18- to 29-year-olds, 39% of the 30- to 49-year-olds, 24% of the 50- to 64-year-olds, and 19% of those age 65 or older have reached the maximum amount of data they are allowed to use as part of their plan, at least on occasion: Suppose the survey was based on 300 smartphone owners in each of the four age groups: 18 to 29, 30 to 49, 50 to 64, and 65 and older. Complete parts (a) through (c). a. At the 0.05 level of significance, is there evidence of a difference among the age groups in the proportion of smartphone owners who have reached the maximum amount of data they are allowed to use as part of their plan, at least on occasion? Find the test statistic x 2 stat? and critcal value
How common are financial cost or contractual constraints associated with smartphone ownership? A survey of smartphone users found that 48% of the 18- to29-year-olds, 39% of the 30- to 49-year-olds, 24% of the 50- to 64-year-olds, and 19% of those aged 65 or older have reached the maximum amount of data they are allowed to use as part of their plan, at least on occasion: Suppose the survey was based on 300 smartphone owners in each of the four age groups: 18 to 29, 30 to 49, 50 to 64, and 65 and older. Complete parts (a) through (c). a. At the 0.05 level of significance, is there evidence of a difference among the age groups in the proportion of smartphone owners who have reached the maximum amount of data they are allowed to use as part of their plan, at least on occasion? The test statistic is χ2STAT= (Round to three decimal places as needed.) I am struggling in finding the expected frequency can you show in detail how you accomplish this for each…
Obtain information on the following two funds:(i) Colonial First State Imputation(ii) Vanguard Emerging Markets Shares Index FundCompare the risks to investors presented by each of these fund and identify the types of investors that would favour these funds.
How common are financial cost or contractual constraints associated with smartphone ownership? A survey of smartphone owners found that 48% of the 18- to 29-year-olds, 38% of the 30- to 49-year-olds, 25% of the 50- to 64-year-olds, and 19% of those age 65 or older have reached the maximum amount of data they are allowed to use as part of their plan, at least on occasion. Suppose the survey was based on 200 smartphone owners in each of the four age groups: 18 to 29, 30 to 49, 50 to 64, and 65+. a. At the 0.05 level of significance, is there evidence of a differ-ence among the age groups in the proportion of smartphone owners who have reached the maximum amount of data they are allowed to use as part of their plan, at least on occasion? b. Determine the p-value in (a) and interpret its meaning. c. If appropriate, use the Marascuilo procedure and a=0.05 to determine which age groups differ.
How common are financial cost or contractual constraints associated with smartphone ownership? A survey of smartphone users found that 49% of the 18- to 29-year-olds, 37% of the 30- to 49-year-olds, 22% of the 50- to 64-year-olds, and 19% of those age 65 or older have reached the maximum amount of data they are allowed to use as part of their plan, at least on occasion: Suppose the survey was based on 200 smartphone owners in each of the four age groups: 18 to 29, 30 to 49, 50 to 64, and 65 and older. Complete parts (a) and (b) below. Use the table here to enter your data then use the TI-84 Tests. Reached Max Data 18-29 30-49 50-64 65+ Yes No Totals At the 0.05 level of significance, is there evidence of a difference among the age groups in the proportion of smartphone owners who have reached the maximum amount of data they are allowed to use as…
How common are financial cost or contractual constraints associated with smartphone ownership? A survey of smartphone users found that 49% of the 18- to 29-year-olds, 40% of the 30- to 49-year-olds, 25% of the 50- to 64-year-olds, and 19% of those age 65 or older have reached the maximum amount of data they are allowed to use as part of their plan, at least on occasion: Suppose the survey was based on 200 smartphone owners in each of the four age groups: 18 to 29, 30 to 49, 50 to 64, and 65 and older The critical value for this test is ? (round to three decimal points as needed)
How common are financial cost or contractual constraints associated with smartphone ownership? A survey of smartphone users found that 49% of the 18- to 29-year-olds, 40% of the 30- to 49-year-olds, 25% of the 50- to 64-year-olds, and 19% of those age 65 or older have reached the maximum amount of data they are allowed to use as part of their plan, at least on occasion: Suppose the survey was based on 200 smartphone owners in each of the four age groups: 18 to 29, 30 to 49, 50 to 64, and 65 and older What is the p-value?
Alcoa and Kaiser, duopolists in the market for primary aluminum ingot, choose prices of their 500 foot rolls of sheet aluminum on the first day of the month. The following payoff table shows their monthly payoffs resulting from the pricing decisions they can make. Suppose Alcoa and Kaiser repeat their pricing decision on the first day of every month. Suppose they have been cooperating for the past few months, but now the manager at Kaiser is trying to decide whether to cheat or to continue cooperating. Kaiser’s manager believes Kaiser can get away with cheating for two months, but he also believes that Kaiser would be punished for the next two months after cheating. After punishment, Kaiser’s manager expects the two firms would return to cooperation. Kaiser’s manager ignores the time-value of money and does not discount future benefits or costs. 2. What is the monthly cost of punishment to Kaiser? What is the present value of the cost of cheating for the two months of punishment?