Question 1: Given the following probability distributions for stock A and stock B

Calculate (a) expected return, (b) standard deviation (c) coefficient of variation for each stock (analyze single stock separately: do expected return for A, standard deviation for A, CV for A. Then repeat the steps for stock B)

Case 2 (Special Order)

While Jurassic World is filled to capacity with tourists most of the year, the theme park experiences a lower number of customers during September and October. This is due to the fact that September and October are “rainy season” in Jurassic World’s location—the island of Isla Nublar, off the coast of Costa Rica.

To celebrate their sponsorship of the Pepsisaurus and the Tostidodon, PepsiCo is interested in holding a 3-day, 2-night corporate retreat for 5,000 of its employees at Jurassic world during September. PepsiCo has told Claire that they would pay Jurassic World $200 per employee. This would provide each employee with three days of park admission, three days of meal and drink vouchers, and two nights of lodging. Additionally, PepsiCo wants Jurassic World to treat its employees to behind-the-scenes tours of the park, which would cost a total of $50,000 to plan and facilitate. Due to the timing of the retreat, Jurassic World has ample capacity to host PepsiCo’s employees.

Claire knows that Jurassic World normally charges $850 per person for a 3-day, 2-night admission, lodging, and meal/drink vacation package. The per person cost for this package is 670, as shown below:

Most of the overhead is the fixed cost of running the theme park, and goes towards marketing, administration, dinosaur bioengineering, customer service, grounds keeping and maintenance, dinosaur food, raptor training, and disaster control. However, $35 is variable with respect to the number of customers in the theme park.

4. Determine the incremental revenue to Jurassic World if Claire accepts PepsiCo’s request. (1 point for the correct answer in the shaded box)

5. Determine the incremental cost to Jurassic World if Claire accepts PepsiCo’s request. (1 point for the correct answer in the shaded box)

6. Should Claire accept PepsiCo’s offer? Circle One. (1 point for the correct answer)

YES                                     NO

(a) In the cost accounting literature, the sample regression coefficient corresponding to x_k is regarded as an estimate of the true marginal cost of output associated with the variable x_k. Find a point estimate of the true marginal cost associated with total machine hours per month. (Enter your answer to three decimal places.)

Also, find a 95% confidence interval estimate of the true marginal cost associated with total machine hours. (Round your answers to three decimal places.)

(b) Test the hypothesis that the true marginal cost of output associated with total production of paper is $1,000. (Hint: Realize that this is analogous to testing the regression coefficient for total production of paper is 1.0.) Use a 10% level of significance.

State the hypotheses to be tested.

a.H₀: β₁ ≠ 1.0
H_a: β₁ = 1.0

b.H₀: β₁ = 1.0
H_a: β₁ ≠ 1.0    

c.H₀: β₂ ≠ 1.0
H_a: β₂ = 1.0

d.H₀: β₀ = 1.0
H_a: β₀ ≠ 1.0

e.H₀: β₂ = 1.0
H_a: β₂ ≠ 1.0

(c)State the decision rule.

a.Reject H₀ if p < 0.10.
Do not reject H₀ if p ≥ 0.10.

b.Reject H₀ if p > 0.05.
Do not reject H₀ if p ≤ 0.05.    

c.Reject H₀ if p > 0.10.
Do not reject H₀ if p ≤ 0.10.

d.Reject H₀ if p < 0.05.
Do not reject H₀ if p ≥ 0.05.

(d)State your decision.

a.Reject the null hypothesis. The true marginal cost of output associated with total production of paper is not $1,000.

b.Reject the null hypothesis. The true marginal cost of output associated with total production of paper may be $1,000.    

c.Do not reject the null hypothesis. The true marginal cost of output associated with total production of paper may be $1,000.

d.Do not reject the null hypothesis. The true marginal cost of output associated with total production of paper is not $1,000.

Python

While traveling home for the holiday, you wondered how much time you'd save if you drove faster. The distance home is 120 miles, and you decided to compare driving 55 mph versus 70 mph. You also wondered if driving faster around town really saves you that much time. The around-town distance you chose was 5 miles, using speeds of 25 and 35 mph. Of course, you decided that no amount of times savings is worth the risk to yourself or others, but you still wanted to find the answer.

Create two functions to help calculate the travel time in hours, minutes and seconds and to display the results.

# Calculate travel time in minutes given the distance in miles and the speed in mph
calc_travel_time ( distance, speed )

# Output the travel time hours, minutes and seconds given distance and speed
print_travel_time ( distance, speed )

Your Python solution must include the following:

• The calc_travel_time() function will return the travel time in minutes
• The print_travel_time() function will use (call) the calc_travel_time() function, and will determine the actual time in hours, minutes and seconds, using the int() and round() Python functions
• Include the single line comment above each function
• Comment the test section of your program
• Include the standard class ''' comment section at the top of your file
• Include a section called References that lists the web site reference link

Tip:

Expected output:

To travel 120 miles at 55 MPH will take 2 hr, 10 min and 55 sec
To travel 120 miles at 70 MPH will take 1 hr, 42 min and 51 sec
To travel 5 miles at 25 MPH will take 0 hr, 12 min and 0 sec
To travel 5 miles at 35 MPH will take 0 hr, 8 min and 34 sec

in BASIC language, i need to make function smallMiles(size) display the smallest number in the MilesDriven array . here is my code so far:

size =1
Dim Monthname$(size)
Dim MilesDriven(size)

do
print "Enter your choice from this menu."
print "Enter 'P' to enter miles and month,OR"
print "Enter 'S' to search for month. OR,"
print "Enter 'M to search month with smallest miles. OR,"
print "Enter 'L' to search for month with largest miles. OR,"
print "Enter 'E' to exit."
input choice$
select case (choice$)
case "P","p"
res= collectData(size)
case "S","s"
res = search(size)
case "M","m"
res = smallMiles(size)
case "L","l"
res = largeMiles(size)
case "E","e"
print "Have a nice day.Goodbye."
case else
print "Invalid choice, please try again"
print
end select
loop until (choice$ = "E" or choice$ = "e" )

function collectData(size)
for position= 0 to size
print "Enter miles."
input MilesDriven(position)
print "Enter month."
input Monthname$(position)
next
end function

function search(size)
print "Enter month."
input month$

for position = 0 to size
if(month$ = Monthname$(position))then
print "The month is: ";Monthname$(position)
print "The number of miles driven is: ";MilesDriven(position)
exit for
end if
next
end function

function smallMiles(size)
print "Enter month."
input month$

for position = 0 to size
smallest = MilesDriven(position)
if (month$ = Monthname$(position))then
if (MilesDriven(position) < smallest )then
smallest = MilesDriven(position)
end if
print "The month with smallest miles driven is: ";Monthname$(position)
print "The smallest miles driven is: ";smallest
exit for
end if
next
end function

How does bundling payments, like insurance companies paying a per diem rate for all hospital hotel-type services, encourage cost savings on the part of the hospital?

Propose an initial risk register for constructing a Recreational Park Project. The risk register should contain a minimum of 10 risks. * Use a template of your choice for risk register.

determine the beta for Starwood Hotel (HOT), Disney (DID), Abbott Laboratories (ABT), and Lockheed Martin (LMT). Discuss the possible reasons for the differences you observe among these companies.

Formulate the outline of a precision pricing policy for a four-star hotel designed to accommodate business guests as well as tourists from all over the world. Explain your answer