e. propose and conduct your own test of hypothesis about the Birth, Death, Marriage and Divorce data that you have been analyzing. Follow these steps (you can make up whatever mean, median, SD, min and max!)
PLEASE TYPE!!!!!!! THANK YOU SO MUCH!!!!!!!!!!!!!!!!!
In: Statistics and Probability
1. Purchasing Power Parity theory
| a. |
means that you can profit by taking advantage of differences in exchange rates at a given point in time. |
|
| b. |
means that currencies should have the same purchasing power in different countries. |
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| c. |
means that prices should be identical in different countries. |
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| d. |
means that exchange rates are inverses of each other. |
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| e. |
all of the above |
2. Suppose that an ounce of gold sells for $2000 in the United States and 1000 euros in France. A euro currently trades for $1.50 . it costs $100 to ship an ounce of gold between the two countries. Assume it is legal to buy and ship gold in both countries. Then
| a. |
it is not possible to profit from international arbitrage. |
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| b. |
you can profit by buying gold in the United States and shipping it to France. |
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| c. |
you can profit by buying gold in France and shipping it to the United States. |
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| d. |
the price of gold will rise in the United States. |
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| e. |
the dollar will appreciate. |
3. Suppose that Laborland has a population of 100 people. Five people are under 16 years of age and five people are retired. Ten people have given up looking for work. Sixty people are actively employed and 20 people are actively seeking work. If five of those give up looking for work, then
| a. |
the unemployment rate increases from 20% to 33.3%. |
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| b. |
The unemployment rate declines from 33.3% to 25%. |
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| c. |
The labor force declines from 60 to 55. |
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| d. |
the unemployment rate declines from 25% to 20%. |
|
| e. |
the population increases from 100 to 105. |
In: Economics
Explain why you agree or disagree with the following statements.
If I were to supply my kitchen with fresh food, I can use the fixed-order quantity model because , like most people, I only go to the grocery store when the supply is low and since the number of people who consume the food stays the same, I would purchase the same amount. On the other hand, if I were to obtain a daily newspaper, I would use the fixed- time period model because it would only be a one-time purchase. Lastly, if I were to buy gas for my car, I would use the fixed-order quantity model because it is refilled when or before it hits empty. The usage of the gas varies so the time to refill it also differs.
With so much productive capacity and room for expansion in the United States, a company based in the United States would choose to purchase items from a foreign firm for several reasons. Products from foreign firms are generally more affordable but are of high quality. Labor wages associated with producing these products are much lower in foreign countries than in the United States. Lower costs help the company generate higher revenues. Also, in some countries, laws and regulations are less strict than in the United States.
However, purchasing items from a foreign firm also has disadvantages. Purchasing items from a foreign firm involves higher transportation and tax-related costs. Language barrier and cultural differences are also present in business operations in a foreign market.
In: Operations Management
A 2012 New York Times article noted the growing national trend of gated communities: Across the United States, more than 10 million housing units are in gated communities, where access is “secured with walls or fences,” according to 2009 Census Bureau data. Roughly 10 percent of the occupied homes in this country are in gated communities... Between 2001 and 2009, the United States saw a 53 percent growth in occupied housing units nestled in gated communities. Over the past thirty years, residential income segregation has also increased, with more upper-income households located in majority upper-income neighborhoods. Drawing on Kendall’s (2006) study about elite practices of boundary maintenance, explain how residential segregation contributes to class-based inequality.A 2012 New York Times article noted the growing national trend of gated communities: Across the United States, more than 10 million housing units are in gated communities, where access is “secured with walls or fences,” according to 2009 Census Bureau data. Roughly 10 percent of the occupied homes in this country are in gated communities... Between 2001 and 2009, the United States saw a 53 percent growth in occupied housing units nestled in gated communities. Over the past thirty years, residential income segregation has also increased, with more upper-income households located in majority upper-income neighborhoods. Drawing on Kendall’s (2006) study about elite practices of boundary maintenance, explain how residential segregation contributes to class-based inequality.
In: Psychology
A performs bookkeeping and tax- reporting services to startup companies. On January 1, 2018, A entered into a 3-year service contract with B. B promises to pay $9,000 at the beginning of each year, which at contract inception is the stand-alone selling price for these services. At the end of the second year, the contract is modified and the fee for the third year of services is reduced to $8,000. In addition, B agrees to pay an additional $22,000 at the beginning of the third year to cover the contract for 3 additional years (i.e., 4 years remain after the modification). The extended contract services are similar to those provided in the first 2 years of the contract.
1. Prepare the journal entries for the A in 2018 related to this service contract. (1) on January 1, 2018 and (2) on December 31, 2018
2. Prepare the journal entries for B in 2020 related to the modified service contract, assuming the addition of the service is not a separate contract. (1) on January 1, 2020 and (2) on December 31, 2020.
3. Assuming A and B agree on a revised set of services (fewer bookkeeping services but more tax services) in the extended contract period and the modification results in a separate performance obligation, (1) prepare the journal entry on December 31, 2020. (2) What are required to treat the modification as a separate contract.
In: Accounting
Suppose the current exchange rate is $ 1.84 divided by pound, the interest rate in the United States is 5.24 %, the interest rate in the United Kingdom is 3.81 %, and the volatility of the $/£ exchange rate is 10.3 %. Use the Black-Scholes formula to determine the price of a six-month European call option on the British pound with a strike price of $ 1.84 divided by pound.
In: Finance
In: Accounting
Innocent until proven guilty? In Japanese criminal trials, about 95% of the defendants are found guilty. In the United States, about 60% of the defendants are found guilty in criminal trials. (Source: The Book of Risks, by Larry Laudan, John Wiley and Sons) Suppose you are a news reporter following eight criminal trials. (For each answer, enter a number.) (a) If the trials were in Japan, what is the probability that all the defendants would be found guilty? (Round your answer to three decimal places.) Correct: Your answer is correct. . What is this probability if the trials were in the United States? (Round your answer to three decimal places.) Correct: Your answer is correct. . (b) Of the eight trials, what is the expected number of guilty verdicts in Japan? (Round your answer to two decimal places.) Incorrect: Your answer is incorrect. . verdicts What is the expected number in the United Sates? (Round your answer to two decimal places.) Correct: Your answer is correct. . verdicts What is the standard deviation in Japan? (Round your answer to two decimal places.) Incorrect: Your answer is incorrect. . verdicts What is the standard deviation in the United States? (Round your answer to two decimal places.) Incorrect: Your answer is incorrect. . verdicts
In: Statistics and Probability
What did economic data tell us about the health of the economy on February 1, 2020 before the advent of the COVID-19 pandemic. Assess the health of the U.S. economy on February 1 by evaluating the key economic indicators that we have looked at in this course. How close was the overall economy to potential GDP and the natural rate of unemployment? Was the economy experiencing an inflationary or recessionary gap? The relevant economics statistics that you should discuss include the growth rate of real GDP, the unemployment rate, and the inflation rate at a minimum. You are encouraged to discuss and evaluate other economic indicators such as stock market indices that could add to a more complete picture of the state of the economy as of the beginning of our course. of February 1, 2020 (before the rapid spread of the Coronavirus) Was the United States economy’s Short Run Aggregate Supply Curve? Explain your answer carefully using As economy operating in the Keynesian, intermediate, or neoclassical portion of the the data and information that you have gathered regarding real GDP, unemployment, the GDP deflator, and inflation in the previous discussions. You should discuss the concepts of potential GDP and the natural rate of unemployment to receive full credit
In: Economics
A poll conducted by GfK Roper Public Affairs and Corporate Communications asked a sample of 1001 adults in the United States, "As a child, did you ever believe in Santa Claus, or not?" Of those surveyed, 84% said they had believed as a child. Consider the sample as an SRS. We want to estimate the proportion p of all adults in the United States who would answer that they had believed to the question "As a child, did you ever believe in Santa Claus, or not?" (a) Find a 90% confidence interval (± ± 0.0001) for p p based on this sample. The 90% confidence interval is from to (b) Find the margin of error (± ± 0.0001) for 90%. The margin of error is (c) Suppose we had an SRS of just 150 adults in the United States. What would be the confidence interval (± ± ) for 95% confidence? The 50% confidence interval is from to (d) How does decreasing the sample size change the confidence interval when the confidence level remains the same? Decreasing the sample size creates a less wide interval Decreasing the sample size creates a wider interval
In: Statistics and Probability