| Year | Population in Millions | GDP in Trillions of US$ |
| 2014 | 318.86 | 16.29 |
| 2011 | 311.72 | 15.19 |
| 2010 | 309.35 | 14.94 |
| 2009 | 306.77 | 14.54 |
| 2008 | 304.09 | 14.58 |
| 2006 | 298.38 | 14.72 |
| 2004 | 292.81 | 13.95 |
| 2003 | 290.11 | 13.53 |
| 2002 | 287.63 | 12.96 |
| 2001 | 284.97 | 12.71 |
| 2000 | ||
| 1999 | 279.04 | 12.32 |
| 1998 | 275.85 | 11.77 |
| 1990 | 249.62 | 8.91 |
| 1989 | 246.82 | 8.85 |
| 1987 | 242.29 | 8.29 |
| 1986 | 240.13 | 7.94 |
| 1985 | 237.92 | 7.71 |
| 1984 | 235.82 | 7.4 |
| 1982 | 231.66 | 6.49 |
| 1981 | 229.47 | 6.59 |
| 1980 | 6.5 | |
| 1979 | 225.06 | 6.5 |
| 1977 | 220.24 | 6.02 |
| 1976 | 218.04 | 5.73 |
| 1975 | 215.97 | 5.49 |
| 1973 | 211.91 | 5.46 |
| 1972 | 209.9 | 5.25 |
| 1964 | 191.89 | 3.78 |
| 1963 | 189.24 | 3.6 |
| 1962 | 186.54 | 3.42 |
| 1961 | 183.69 | 3.28 |
| 1959 | 177.83 | 3.06 |
| 1958 | 174.88 | 2.92 |
| 1957 | 171.98 | 2.85 |
| 1956 | 168.9 | 2.84 |
| 1954 | 163.03 | 2.61 |
| 1953 | 160.18 | 2.54 |
| 1952 | 157.55 | 2.53 |
| 1951 | 154.88 | 2.4 |
| 1950 | 152.27 | 2.27 |
| 1949 | 149.19 | 2 |
| 1948 | 146.63 | 2.04 |
| 1947 | 144.13 | 1.96 |
Answer the following question using R:
(a) Use linear regression to estimate the GDP of the missing years 1955 and 1960. Use the Population estimate for the missing years found using M1.
(b) Create a new data frame showing Population and GDP from 1947 to 1964 including the values for 1955 and 1960 predicted by regression models M1 and M2.
(c) Use this data frame (b) to plot the GDP and Population in a scatter plot for the years 1947 -1964, clearly marking the missing years in the original data
In: Economics
The following table provides the project annual budget, total number of projects, and total number of people working on the projects for City of Killingcovid annually:
|
Year |
Annual Budget (in millions) |
Number of Projects |
Number of People Working on the Projects |
|
1997 |
9.93 |
2 |
6 |
|
1998 |
7.34 |
8 |
47 |
|
1999 |
6.82 |
4 |
134 |
|
2000 |
7 |
2 |
291 |
|
2001 |
7.31 |
7 |
279 |
|
2002 |
7.86 |
6 |
82 |
|
2003 |
8.44 |
4 |
65 |
|
2004 |
7.61 |
5 |
34 |
|
2005 |
7.8 |
1 |
14 |
|
2006 |
8.6 |
4 |
249 |
|
2007 |
8.25 |
2 |
174 |
|
2008 |
8.7 |
3 |
346 |
|
2009 |
10.89 |
2 |
3 |
|
2010 |
10.53 |
1 |
8 |
|
2011 |
11.77 |
2 |
13 |
|
2012 |
11.44 |
4 |
24 |
|
2013 |
10.95 |
6 |
534 |
|
2014 |
11.12 |
2 |
6 |
|
2015 |
10.73 |
2 |
28 |
|
2016 |
11.39 |
1 |
18 |
|
2017 |
11.3 |
3 |
25 |
|
2018 |
11.27 |
2 |
54 |
For A to F, use the data between Yr 2006 and Yr 2015 to calculate the following:
A. The mean of the
Number of People Working on the Project.
B. The median of the Budget.
C. The range of Budget.
D. The variance (3 significant figures) of Number of
Projects.
E. The standard deviation (nearest integer) of Number of People
Working on the Project.
F. The 20% trimmed mean of Number of Projects.
G. Draw a dot plot
comparing the Number of People Working on the Project from Yr 1997
to Yr 2006 and those from Yr 2009 to Yr 2018.
H. Using the data for Annual Budget from Yr 2001 to Yr 2017, draw a double stem leaf plot, then calculate the relative frequency.
In: Economics
Preparation of accounts and Cash flow statement.
The following is a listing of the accounts of Sally’s
Struthers Co. at December 31, 2002.
Cash
$20,000
Accounts Receivable 30,000
Inventory (8 Struthers @ $5,000 each) 40,000
Prepaid Insurance 1,000
Vehicles
100,000
Accumulated
Depreciation-Vehicles
36,000
Equipment
300,000
Accumulated
Depreciation-Equipment
150,000
Security
Deposits
3,000
Accounts Payable 12,000
Taxes Payable 10,000
Wages Payable 5,000
Rent
Payable
2,000
Common Stock (5,000 shares)
50,000
Retained Earnings
229,000
During 2003 the following transactions occurred:
Jan 1, Paid all accounts payable for
merchandise.
Jan 1, Received all accounts receivable.
Jan 1, Borrowed $120,000 from bank. Note is
repayable $20,000 per year plus interest. The first payment is due
on Dec 31, 2003. The interest rate is 10%.
Feb 1, Bought 10 more Struthers at $6,000 each,
40% down and the rest payable in one year.
Mar 1, Paid 2002 taxes payable.
Apr 1, Paid $4,000 for utilities.
May 1, Issued 2,000 shares of common stock for
$20,000.
June 1, Sold 6 Struthers for $20,000 each. Customers
pay 70% down and the rest payable in one year.
July 1, Purchased 4 Struthers at $7,000 each -
same terms.
Aug 1, Paid dividend of $2.00 per share.
Sept 1, Sold 5 Struthers for $22,000 each - same
terms.
Nov 1, Purchased two year insurance policy for
$3,000.
Dec 1, Exchanged 5,000 shares of common stock for
a piece of land worth $50,000.
Dec 20, Received $20,000 from accounts receivable.
Dec 31, Paid first payment on Note Payable-Bank.
During the year the company paid wages of $ 40,000 in
cash. At the end of the year they owed
wages of $2,000.
During the year they paid 14 months rent at $2,000 per month.
Tax rate is 30%. 2003 taxes are to be paid in
2004.
The vehicles were all purchased on the same date and have a total
salvage value of $10,000 and are expected to have a useful life of
5 years.
All equipment is expected to last 20 years and have no salvage
value.
The company uses FIFO when accounting for inventory.
At December 31, 2003 the stock was selling for $50 per share.
Required:
a) Prepare Cash flow statement
b) Journalize the transactions using
In: Accounting
When WorldCom Inc.’s former chief executive Bernard Ebbers was found guilty of participating
In one of the largest U.S. accounting frauds ever, the ruling sent a message to corporate
Executives: Professing ignorance won’t necessarily save you.
Mr. Ebbers, who died Feb. 2 at age 78, was a former gym teacher who rose to head a
Telecommunications Company with a peak market value of about $180 billion. In the late 1990s
And early 2000s, WorldCom improperly boosted profit by booking operating expenses as capital
Spending, which can be deducted from earnings in small chunks over time.
During a trial in 2005, he pleaded not guilty to accounting fraud and said he didn’t know about
The misdeeds. The jury didn’t buy it. His 25-year prison sentence “put an exclamation point behind the old phrase ‘the buck stops here,’ ” said Patrick McGurn, special counsel at proxy advisor Institutional Shareholder Services. The dot-com bust and accounting scandals at WorldCom and Enron Corp. helped spur Congress to enact the Sarbanes-Oxley Act of 2002, whose provisions include requiring a public company’s chief executive and chief financial officer to certify that financial statements are accurate. The scandals also hastened a trend toward more independent corporate directors willing to challenge CEOs. Charles Elson, who heads a corporate-governance center at the University of Delaware, has this epitaph for the WorldCom fiasco: “As bad as it was, some good came out of it.” The regulatory changes didn’t mean corporate scandals would automatically land CEOs in prison. The aftermath of the 2008 financial crisis was notable for a lack of CEO scalps. Corporate leaders, wary of prison, may have become more cautious and less likely to leave paper or email trails, said Peter Henning, a law professor at Wayne State University, in Detroit. Mr. Ebbers, who built WorldCom through dozens of takeovers, was released from prison 13 years into his sentence in December because of deteriorating health. He followed an unconventional route to the CEO suite. The second of five children, Bernard John Ebbers was born Aug. 27, 1941, in Edmonton, Alberta, in Canada. His father worked as a traveling salesman and mechanic. The family moved to California in the late 1940s. Mr. Ebbers attended a boarding school on a Navajo reservation in New Mexico. As a young man he held odd jobs as a milk delivery man and a nightclub bouncer. Twice he gave up on college because of poor grades. He graduated from Mississippi College, where he played basketball, with a degree in education in 1967. Early in his career, Mr. Ebbers taught physical education and worked in a garment factory. He later began buying motels, starting with one in Columbia, Miss., where he lived in a two bedroom trailer in the parking lot. When AT&T’s “Ma Bell” system was broken up in the early 1980s, small rivals began reselling long-distance service. Mr. Ebbers and a handful of investors backed a company called Long Distance Discount Service, later renamed WorldCom. Dubbed the “Telecom Cowboy,” he earned a reputation as a hard-driving boss. He began to borrow money from the company in the late 1990s and used some of it to buy company stock. As the company expanded, Mr. Ebbers said he relied heavily on experts. “I’m not an engineer by training; I’m not an accountant by training,” he told the New York Times in 1998. “I’m the coach. I’m not the point guard who shoots the ball.” WorldCom began to show signs of stress in 2000 as its share price sank amid the dot-com meltdown. Mr. Ebbers was fired as CEO in April 2002. Soon afterward, an internal auditor spotted accounting irregularities. After his ouster, Mr. Ebbers appeared at his Mississippi church. At the end of the service, he walked to the front of the church and spoke to the congregation: “I just want you to know you aren’t going to church with a crook.” WorldCom’s former chief financial officer, Scott Sullivan, who engineered the fraud and worked closely with Mr. Ebbers, was sentenced to five years in prison after cooperating with prosecutors. He testified that Mr. Ebbers knew of the accounting methods used. Mr. Ebbers insisted he was blind-sided by the fraud. “I know what I don’t know,” he testified in a federal court. “I don’t, to this day, know technology. I don’t know finance and accounting.” As a judge delivered the sentence in 2005, Mr. Ebbers hung his head and cried while hugging his wife, Kristie Ebbers, who filed for divorce in 2008. He drove himself to prison in a Mercedes the following year and spent part of his sentence as inmate No. 56022-054 in a low-security prison in Louisiana. He was later transferred to FMC Fort Worth, a federal prison hospital in Texas. Paul Watson, a Mississippi resident and former WorldCom investor, lost $135,000 when the company collapsed, and supports a relative who lost $2.2 million. Still, he said, he feels little anger toward Mr. Ebbers and thinks “others have done far worse and been punished less.”
In: Finance
elaborate Acquisitions implemented by KNM GROUP in 2004 (800 words)
Use view of Corporate strategy analysis.
Please answer with directly, (don't write something no related)
i will rate the answer
In: Operations Management
Domino’s Pizza abandoned its current expansion into several European markets. The chain announced it would suspend its plan to add new stores and sell approximately 100 existing stores in Switzerland, Sweden, Iceland and Norway. The decision came after stores in these four countries failed to make a profit for several years.
Investors applauded the decision and pushed UK division of Domino’s Pizza’s stock price up by more than 5% after the announcement. The chain indicated it would focus future efforts on the UK and Ireland and rebuild relationships with franchisees. These relationships were damaged over time as Domino’s Pizza failed to respond to issues of rising food costs and higher wages.
The UK and Irish outlets were very profitable for years but have been hurt by competition from online delivery such as Uber Eats and Deliveroo. Domino’s is no longer “the only game in town” and the chain needs to help franchisees compete in the new market. The firm failed to invest enough in IT infrastructure to help them compete with these new sources. Franchise owners registered their displeasure by refusing to participate in proposed marketing campaigns until the issues are addressed.
Thinking Critically Questions:
In: Finance
You are given the following information. The current dollar-pound exchange rate is $2 per pound. A representative basket of goods and services costs $100 in the US and $120 (dollars, not pounds) in the United Kingdom. For the next year, the Fed is predicted to keep U.S. inflation at 2%, and the Bank of England is predicted to keep U.K. inflation at 3%. The speed of convergence to absolute PPP is 20% per year. That is, if the real exchange rate today is 1.4 and the speed of convergence to absolute PPP is 15% per year, the real exchange rate in one year will be 1.4-0.30*0.4=1.28).
What is the expected U.S. minus U.K. inflation differential for the coming year?
What is the current U.S. real exchange rate qUS/UK with the United Kingdom? (recall that qUS/UK is defined as the ratio of prices in the UK to the US, both expressed in a common currency).
By what percentage is the dollar overvalued or undervalued relative to its absolute PPP level
What do you predict the U.S. real exchange rate with the United Kingdom will be in one year’s time?
What is the expected rate of real depreciation for the United States (versus the United Kingdom)?
What is the expected rate of nominal depreciation for the United States (versus the United Kingdom)?
What do you predict will be the dollar price of one pound a year from now?
In: Economics
You are given the following information. The current dollar-pound exchange rate is $2 per pound. A representative basket of goods and services costs $100 in the US and $120 (dollars, not pounds) in the United Kingdom. For the next year, the Fed is predicted to keep U.S. inflation at 2%, and the Bank of England is predicted to keep U.K. inflation at 3%. The speed of convergence to absolute PPP is 20% per year. That is, if the real exchange rate today is 1.4 and the speed of convergence to absolute PPP is 15% per year, the real exchange rate in one year will be 1.4-0.30*0.4=1.28).
1. What is the expected U.S. minus U.K. inflation differential for the coming year?
2. What is the current U.S. real exchange rate qUS/UK with the United Kingdom? (recall that qUS/UK is defined as the ratio of prices in the UK to the US, both expressed in a common currency).
3. By what percentage is the dollar overvalued or undervalued relative to its absolute PPP level
4. What do you predict the U.S. real exchange rate with the United Kingdom will be in one year’s time?
5. What is the expected rate of real depreciation for the United States (versus the United Kingdom)?
6. What is the expected rate of nominal depreciation for the United States (versus the United Kingdom)?
7. What do you predict will be the dollar price of one pound a year from now?
In: Economics
According to a report by the Commerce Department in the fall of 2004, 20% of U.S. households had some type of high-speed Internet connection. Let Nn denote the number of U.S. households with a high-speed Internet connection in n households. What is the probability that 20 of the first 200 households surveyed have high-speed Internet given that 5 of the first 75 households surveyed have it?
In: Statistics and Probability
1) Write an algorithm (i.e. the series of steps) to find the
solution to a second order non-homogenous ODE (with boundary
conditions) using the method of undetermined coefficients. (Note:
this algorithm should include at least 1 control structure).
2) Write an if statement in MATLAB that converts an overall final
percentage mark grade (1-7).
In: Computer Science