A recent college graduate has taken a new job at Work LLC, and
since the company does not offer a traditional pension plan, she
plans to take advantage of a tax-free investment account backed by
a reputable financial institution that offers a guaranteed 8%
annual return for as long as she lives. The graduate plans on
working for 45 years before retiring and will save a fixed amount
each year until retirement, starting at the end of this year and...
A recent college graduate has taken a new job at Work LLC, and
since the company does not offer a traditional pension plan, she
plans to take advantage of a tax-free investment account backed by
a reputable financial institution that offers a guaranteed 8%
annual return for as long as she lives.
The graduate plans on working for 45 years before retiring and
will save a fixed amount each year until retirement, starting at
the end of this year and...
As a soon-to-be college graduate, you will be looking for a
full-time job in your field. As part of this process, you will need
to learn to successfully market yourself. Prepare an outline for
your marketing plan. First, list the special problems and
challenges associated with marketing people rather than a physical
product. Then outline your ideas for each of the four P's.
A recent graduate moving to a new job collected a sample of the
monthly rent (in dollars) and the size (in square feet) of
3-bedroom apartments in one area of a city. Use Excel to find the
best fit linear regression equation, where size of the apartment is
the explanatory variable. Round the slope and intercept to two
decimal places.
Size Rent
961 "909 "
949 1048
924 "841 "
920 "704 "
902 1131
893 "867 "
888 2532...
20. Assume that you just graduate and get a job. You will work
for 40 years and save each year before you retire. During
retirement you plan to receive a pension annuity of $100,000 each
year for another 40 years. How much money will you need to have at
the moment you retire? How much money do you need to save every
year before retirement? Assume the interest rate is always 8%.
Before retirement, you deposit your saving at the...
Jennifer is looking for a new car. She sees an ad about the
vehicle she wants to buy. The article headline states “Best in
Class” and lists all of the specifications of this particular model
of car that makes it so appealing (high fuel economy, side impact
rating, etc.). After reading the whole ad, Jennifer notices that it
is published by her local car dealership. She assumes that they are
trying to sell her the car, and they are probably...
A student majoring in economics is looking for a job. Given his
work experience and grades, the probability of getting a job offer
from a firm to which he applies is 50%. If he applies to 3 firms,
what is the probability that he gets 2 job offers? (Find the
nearest answer.)
a.
24.3%
b.
38.4%
c.
43.2%
d.
37.5%
e.
44.1%
Jorge Jones, a recent management graduate has a new job as a
shelf stocker at the local Shop and Stop (bad job market). In order
to maintain some of the knowledge he gained in college, Jorge wants
to apply regression analysis to predict weekly sales on the cereal
aisle.
He believes there would be a relationship between the shelf
space that a particular product takes up and the sales of that
product. Jorge has gathered the following data:
Shelf Space...
You're a recent graduate of Champlain College and landed a great
job in New York as a junior financial analyst for Chuck Schwable, a
leading investment firm whose name bears no resemblance to a well
known investment firm. Schwable has recently been hired by Giggle,
a leading IT corporation, to provide some capital budgeting
recommendations for a major building project in downtown Manhattan.
This is it...it's your big chance to make a great first impression
and show off the skills...
.A student engineer is given a summer job to find the drag force
on a new unmaned aerial vehicle that travels at a cruising speed of
320 km/h in air at 15oC. The student decided to build a 1/50 scale
model and test it in a water tunnel at the same temperature. (a)
What conditions are required to ensure the similarity of scale
model and prototype. (b) Find the water speed required to model the
prototype. (c) If the drag...