QUESTION what is the difference between positive and normative economics? How can knowledge of positive econmics be useful in normative economics? Answer In the world of economics, it is important to understand the difference between positive and normative economics in order to lead to enhanced and better decision making. Positive economics also known as […]
QUESTION Assignment 2: Analysis ProblemAnalyzing with ANOVA By Wednesday, December 8, 2010, post your results to the M6: Assignment 2 Dropbox. Calculate a two-way ANOVA for the following situation. Suppose you are a school psychologist in a classroom setting and you want to find the effect that five teaching styles have on three types of […]
QUESTION the police department in your city was asked by the mayors office to estimate the cost of crime. the police began their study with burglary records, taking a random sample of 500files since there were too many crime records to calculate statistics for all of the crimes committed. if the average dollar loss in […]
QUESTION The candy company claims that 10% of the M&Ms it produces are green. Suppose that the candies are packaged at random in small bags containing about 50 M&Ms . A class of elementary school students learning about percents opens several bags, counts the various colors of the candies and calculates the proportions that are […]
QUESTION Consider a test that has a normal distribution, a mean of 100, and a standard de-viation of 14. How high a score would a person need to be in the top ( a) 1% and ( b) 5%? Using the above information and the 50% 34% 14% figures, what is the longest time to […]
QUESTION A quality characteristic of interest for a tea-bag-filling process is the weight of the tea in the individual bags. If the bags are under filled, two problems arise. First, customers may not be able to brew the tea to be as strong as they wish. Second, the company may be in violation of the […]
QUESTION A 20-year-old student wants to save $3 a day for her retirement. Every day she places $3 in a drawer. At the end of each year, she invests the accumulated savings ($1,095) in a brokerage account with an expected annual return of 12%. (1) If she keeps saving in this manner, how much will […]
QUESTION Allied Products, Inc., is considering a new product launch. The firm expects to have an annual operating cash flow of $25 million for the next 10 years. Allied Products uses a discount rate of 20 percent for new product launches. The initial investment is $100 million. Assume that the project has no salvage value […]
QUESTION J. Smythe, Inc., manufactures fine furniture. The company is deciding whether to introduce a new mahogany dining room table set. The set will sell for $5,600, including a set of eight chairs. The company feels that sales will be 1,300; 1,325; 1,375; 1,450; and 1,320 sets per year for the next five years, respectively. […]
QUESTION Problem (20 points) The McKeever Corporation recently paid a $2.50 dividend; this dividend is expected to grow at a constant rate of 3 percent per year for the indefinite future. The 1-year T-Bill is currently yielding 4.5 percent, and the required return on the overall market is 8.5 percent. McKeevers stock has a beta […]
