Tektronix, Inc. (TEK) is an MNE based in Beaverton, Oregon. Tek’s sales in the fiscal year ending May 31, 2006 were about $1 billion. Its main products are scientific measuring instruments such as protocol analyses and simulators, network monitoring systems, transmission and cable test products, and a broad range of oscilloscopes. Part of the foreign sales were direct exports from Tek’s Beaverton manufacturing and research facility. A second part of sales were passed through Tek’s own foreign sales and assembly subsidiaries. A third part of sales were through joint ventures such as in Japan (Sony) and China. Tek also imported components and other materials that were used in the manufacturing operations in Beaverton. Tek’s main competitors are Agilent (formerly HP’s measuring instruments business) and Siemens (a very large German conglomerate).

Tek wishes to hedge a €4,000,000 account receivable arising from a sale to Olivetti (Italy). Payment is due in three months. Tek’s Italian unit has obtained information about local currency borrowing and Citibank has offered Tek the other quotes:

Which alternative should Tek choose if it prefers to play it safe? Which alternative should Tek choose if it is willing to take a reasonable risk and has a directional view that the euro may be appreciating vs. the dollar during the next three months? Please use Excel to show the dollar revenue 3 months later. Please explain what TEK needs to do in each hedge and what the best decision is.

3. The following table contains data on health assessment for a random sample of 32 cases from the GSS 2006. Health is measured according to a four-point scale: 1 = excellent, 2 = good, 3 = fair, and 4 = poor. Four social classes are reported here: lower, working, middle, and upper. Using  = 0.05, test the null hypothesis that there is no difference between the groups. State very clear your hypothesis and your conclusions. You can use Excel to solve this one, but if you use Excel you must provide the output. lower class: 3,2,2,2,3,3,4,4 working class: 2,1,3,2,2,2,3,3 middle class: 2,3,1,1,2,3,3,1 upper class: 2,1,1,2,1,1,1,2

EXCEL FILE ONLY

Refer to the table below. The table below shows the annual returns (in percentages) for 2 major market indices. For each index, calculate the arithmetic mean return and the geometric mean return of full-year returns from 2005-2015. What is the relationship between the arithmetic and geometric mean returns?

An elderly couple married for 45 years, faced with physical disabilities were forced to leave their home and live in an assisted living facility. While in the facility, they wanted to stay together as husband and wife in the same room. But the rules and regulations did not allow them to stay together in the same room. This occurred in the last decade. In 2006, changes were made and couples were allowed live together in the same room.

Discuss the major differences between the rights of consumers to live their life the way they choose while living in a facility, and the facilities rights to follow the rules and regulations dictated by the state and government to run their facility.

Identify the conflicts and ethical issues that develop and how can they be resolved.  

5. Listed in the table below are the robbery and aggravated assault rates (occurrences per 100,000) for the 12 most populated U.S. cities in 2006: City Robbery (x) Aggravated Assault (y) New York 288 330 Los Angeles 370 377 Chicago 555 610 Houston 548 562 Phoenix 288 398 Philadelphia 749 720 Las Vegas 409 508 San Antonio 180 389 San Diego 171 301 Dallas 554 584 San Jose 112 248 Honolulu 105 169 a. Calculate the standard error of the estimate. b. Estimate the strength of the linear relationship between x and y.

5. Listed in the table below are the robbery and aggravated assault rates (occurrences per 100,000) for the 12 most populated U.S. cities in 2006:

a. Calculate the standard error of the estimate.

b. Estimate the strength of the linear relationship between x and y.

When interbreeding two strains of roses, we expect the hybrid to appear in three genetic classes in the ratio 1:3:4. If the results of an experiment yield 74 hybrids of the first type, 345 of the second type, and 379 of the third type, do we have sufficient evidence to reject the hypothesized genetic ratio at the .05 level of significance? (a) Find the test statistic. (Give your answer correct to two decimal places.) (ii) Find the p-value. (Give your answer bounds exactly.)

The sample data below shows the average temperature (x, in degrees Fahrenheit) and monthly heating bill (y, in dollars) for 12 recent months. Use Excel to compute the correlation coefficient.

Enter your answer as a decimal rounded to three places.

Correlation coefficient =

You wish to test the following claim (Ha) at a significance level of α=0.10.

      Ho:μ=71.4
      Ha:μ≠71.4

You believe the population is normally distributed, but you do not know the standard deviation. You obtain a sample of size n=74 with mean M=69.6 and a standard deviation of SD=6.5.

What is the test statistic for this sample? (Report answer accurate to three decimal places.)
test statistic =

What is the p-value for this sample? (Report answer accurate to four decimal places.)
p-value =

In a study of the accuracy of fast food​ drive-through orders, Restaurant A had 231

accurate orders and

74

that were not accurate.a. Construct a

95​%

confidence interval estimate of the percentage of orders that are not accurate.b. Compare the results from part​ (a) to this

95​%

confidence interval for the percentage of orders that are not accurate at Restaurant​ B:

0.2160 <p<0.319

What do you​ conclude?

a. Construct a

95​%

confidence interval. Express the percentages in decimal form.

nothing less than<pless than<nothing

​(Round to three decimal places as​ needed.)