grade-point averages (GPAS) after students were in the Sante Fe each student scored on the high school SAT math exam and their Sante Fe College 2 years ago. The following table indicates what and coefficient of deposi on in this determination? Px •• 4.53 Thirteen students entered the business. program at Heat udelman, ubmitting a business ted from le regres- E days on a) What is the equa b) Find the coefficie c) What is the stand program for 2 years: STUDENT A F G. 421 377 585 690 608 390 SAT SCORE 415 The acC 2.90 2.93 3.00 3.45 3.66 2.88 GPA
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- 5. Daniel is planning to earn money over the summer mowing lawns in the neighborhood to buy a scooter. The scooter he wants costs $2,200. He will be charging $19.1/lawn and estimates his costs to be $2.7/lawn. How many lawns must he mow in order to pay for the scooter entirely through his earnings? a. 115.18 b. None of the other options. c. -134.15 d. 134.15 e. 112.48 f. 2562.20#17FAVORABLE UNFAVORABLEMARKET MARKETEQUIPMENT ( $) ($)Sub 100 300,000 –200,000Oiler J 250,000 –100,000Texan 75,000 –18,000For example, if Ken purchases a Sub 100 and ifthere is a favorable market, he will realize a profitof $300,000. On the other hand, if the market is unfavorable, Ken will suffer a loss of $200,000. ButKen has always been a very optimistic decisionmaker.(a) What type of decision is Ken facing?(b) What decision criterion should he use?(c) What alternative is best? #18Although Ken Brown (discussed in Problem 3-17) is the principal owner of Brown Oil, his brother Bob iscredited with making the company a financial success. Bob is vice president of finance. Bob attributeshis success to his pessimistic attitude about business and the oil industry. Given the information fromProblem 3-17, it is likely that Bob will arrive at a different decision. What decision criterion should Bobuse, and what alternative…Concerta and Ritalin Concerta and Ritalin are twodifferent brands of a drug used to treat ADHD.a. Use the fact that market share for Concerta wasy = 2.4% for August 25, 2000 (x = 0), andwas 10% eleven weeks later to write a linearfunction representing its market share as a function of time.
- The below is an extract from the fixed asset register of ABC Ltd as at 31 December 2019Date of PurchaseCostuseful lifeLand1-Jan-306,000,000.000Building28-Feb-172,000,000.0020Vehicle:650,000.00Toyota Hilux1-Oct-19 350,000.005Ford Ranger30-Jun-17 300,000.005Furniture and Fittings1-May-20150,000.002Activities throughout the 2020 Financial Period:1. New Machinery have been purchased on 01 April 2020 at a Cost of N$ 4000,000. The machinery has been installed on the 15 April 2020 and was available for use on the 01 May 2020. Machinery is the only property plant and equipment of the company that is measured according to the revaluation method.1.1. On the 30th of October 2020 management decided to revalue the machinery due to a drastic decline in the revenue from sale of machinery produced inventory.Net replacement cost for the machine as at the 30th of October 2020 is N$2 000 000.2. The Toyota Hilux was involved in an accident on 1 October 2020 due to the floods and was written off by the…4. Spears Rowbuck has recorded the following sales figures. Calculate the seasonal indices for Thursday and Friday. Week 1 Week 2 Week 3 Week 4 Monday 43 51 40 66.0 Tuesday 45 41 57 58.6 Wednesday 22 37 30 34.7 Thursday 25 22 33 36.7 Friday 31 25 37 25.0 a. Thursday = 29.18, Friday = 29.50 b. Thursday = 0.2074, Friday = 1.1632 c. None of the other options. d. Thursday = 0.7678, Friday = 0.7763 e. Thursday = 0.6142, Friday = 0.62111.Eric is an 8th grader and is on his school’s basketball team. He just got $50 from hisgrandfather for his birthday, and he’s looking forward to buying the latest pair of hisfavorite basketball shoes, Flair Jordans 19. His mom hears of his plans and says, “Eric, Ijust got you Flair Jordans 18 five months ago!” 2.Christine is in 6th grade and loves to read. She goes to the library to check out a fewbooks every other week. Unfortunately, she’s not very good at returning them on timeand has a total of $15 in late fees she owes to the library. Christine gets a weeklyallowance from her parents, but everytime the librarian asks her if she’d like to paythe fees at the checkout station, Christine says she’ll do it the next time she comes 3.Nghia is a high school sophomore and has been working as a newspaper deliverer forhis neighborhood for the past two years. He has saved $1,200 so far in his savingsaccount and checks his account balance every other day. He usually doesn’t like tobuy things…
- Rollo Megabux has $1 million to invest in stocks orbonds. The percentage yield on each investment during thecoming year depends on whether the economy has a goodor a bad year (see Table 17). It is equally likely that theeconomy will have a good or a bad year.a If Rollo is risk-neutral, how should he invest hismoney?b For $10,000, Rollo can hire a consulting firm toforecast the state of the economy. The consulting firm’sforecasts have the following properties:P(good forecast|economy good) .80P(good forecast|economy bad) .20Should Rollo hire the consulting firm? What are EVSIand EVPI? Economy EconomyHas Good Has BadYear YearYield on stocks 22% 10%Yield on bonds 16% 14%2) A buyer for a large sporting goods store chain must place orders for professional footballs with the footballmanufacturer six months prior to the time the footballs will be sold in the stores. The buyer must decidein November how many footballs to order for sale during the upcoming late summer and fall months.Assume that each football costs the chain $45. Furthermore, assume that each can be sold for a retail priceof $90. If the footballs are still on the shelves after next Christmas, they can be discounted and sold for$35 each. The probability distribution of consumer demand for these footballs (in hundreds) during theupcoming season has been assessed by the market research specialists and is presented below. Finally,assume that the sporting goods store chain must purchase the footballs in lots of 100 units. Demand Probability 4 0.30 5 0.50 6 0.20 a) Construct a decision tree…If Jensen obtains the job based on a bid of $14,300, what is the probability that he will lose money on the job?Note: Use Appendix B (link to appendix b https://cxp-cdn.cengage.info/protected/prod/assets/b6/2/b62d7c39-0b28-4359-ade6-4e056146f23e.pdf?__gda__=st=1671734492~exp=1672339292~acl=%2fprotected%2fprod%2fassets%2fb6%2f2%2fb62d7c39-0b28-4359-ade6-4e056146f23e.pdf*~hmac=6aa777d3df8bd33ffb3bbf0e849b197e2f0e6fb7a521cce4eb085aa7faf52b03) to identify the areas for the standard normal distribution. If required, round your answer to four decimal places.
- Michelle owns a house in which she keeps valuables worth 100,000 which can get stolen with probability 1%. She can purchase coverage C of the amount C ∈ [0; 100,000] at premium π = 0.05 dollars for each dollar covered. Her Bernouilli utility function is u(w) = ln(w). Assume she has no other assets. 1. Set up her maximization problem. 2. How much insurance will she choose to buy? 3. How much profits does the insurance company earn on insuring Michelle? 4. Does the fact that the insurance company earn profits mean that Michelle is worse off com-pared to the situation in which she is not insured? Explain what is happening. 5. How much insurance will she buy if insurance companies charge an actuarially fair insurance rate?Dave is the owner of Fine Pool and Spa. He just discovered that his that his trusted friend Chris, who has been his accountant for over 20 years, has been skimming money from Fine’s bank account. Dave has to decide whether to ignore his Chris’s actions in order to avoid conflict and bad publicity, or to have Chris arrested for embezzlement. What is Dave facing? a. whistle – blower b. a synergy factor c. a social audit d. an ethical dilemma e. an issue of corporate governance9.5 Capital Healthplans Inc. is evaluating two different methods for providing home health services to its members. Both methods involve contracting out for services, and the health outcomes and revenues are not affected by the method chosen. Therefore, the net cash flows for the decision are all outflows. Here are the projected flows: Year Method A ($) Method B ($) 0 (300,000) (120,000) 1 (66,000) (96,000) 2 (66,000) (96,000) 3 (66,000) (96,000) 4 (66,000) (96,000) 5 (66,000) (96,000) What is each alternative’s IRR? If the opportunity cost of capital for both methods is 9 percent, which method should be chosen? Why?