Felix, a U.S. technology company has recently developed a revolutionary wireless phone. The product offers exciting new features along with all of the features of current products, but at a fraction of the manufacturing costs. As the international business manager of Felix, you have been asked to choose the best mode of entry into the European market. Your have the following options: o Export your product from the United States. o Enter into an alliance with a large European company. o Manufacture the product in the United States and set up a wholly owned subsidiary in Europe. o License a European firm to manufacture and market the phone in Europe. In preparation for your choice, list the pros and cons of each method of entry. Which choice do you present to your CEO? Support your decision.

Binomial experiments are listed. Decide whether you can use the normal distribution to approximate x with a normal distribution. If you can, find the mean and standard deviation. If you cannot, explain why (or show your work to why not). Part A Five percent of adults in the United States are planning to purchase a 3D television in the next two years. You randomly select 125 adults in the United States and ask them if they are planning to purchase a 3D television in the next two years. ​ Part B A survey of US adults found that 15% read every work of a contract for buying or selling a home before signing. You randomly select 25 adults and ask them if they read every word when buying or selling a home before signing.

The United States Centers for Disease Control and Prevention (CDC) found that 17.9% of women ages 12–59 test seropositive for HPV‑16. Suppose that Tara, an infectious disease specialist, assays blood serum from a random sample of ?=1000 women in the United States aged 12–59.

Apply the central limit theorem for the distribution of a sample proportion to find the probability that the proportion,p^, of women in Tara's sample who test positive for HPV‑16 is greater than 0.202 Express the result as a decimal precise to three places.

?(?̂ >0.202)=

Apply the central limit theorem for the distribution of a sample proportion to find the probability that the proportion of women in Tara's sample who test positive for HPV‑16 is less than 0.172. Express the result as a decimal precise to three places.

?(?̂ <0.172)=

The Bureau of Labor and Statistics (BLS) calculates the unemployment rate for the United States. For June of 2020, they published numbers that were close to the following:

Civilian noninstitutional Population = 260 million
Labor Force = 160 million
Employed = 142 million
Unemployed = 18 million
Retired = 60 million

A- Calculate the unemployment rate and the participation rate for June of 2020 in the US using two decimal places (3 points each).

B- The United States have gone into a recession starting in February of 2020. Before then, we were enjoying "full-employment". Thus, we can infer that the Coronavirus increased which type of unemployment? Explain your answer in 2 lines (4 points).

C- How many adults were NOT in the labor force? Who are these people?

In 1944, finance specialists and bankers from around the world met to discuss what the post-WWII monetary system would be. Given the instability of the pre-war period, the goal was to create a new system. The outcome of this was the Bretton Woods system, which had the U.S. dollar as the world reserve currency linked to gold at $35 an ounce. All other currencies were tied to the dollar with limits on how much they could appreciate or depreciate. The system lasted until the 1970s, when the United States decided to move away from gold convertibility. The modern system is based on supply and demand for currency and a managed float. Discuss the following in your main post:

The U.S. dollar remains the world's reserve currency. Is this good for the United States, and if so, why? please explain in min 300 words

1. Suppose that for the United States, (%Δ Gun Murder Rate)/(%Δ Gun OwnerShip Rate)= .009

1a. If gun control legislation were able to reduce gun ownership by 99 percent, how exactly would society benefit?

1b. Based upon your answer in 1a, What can you conclude about the likely efficacy of gun control legislation in the United States?

2. Refer back to#1, suppose the demand for guns is QG D = 500 - .45P and the supply of guns is QG S = - 100 + .55P.

2a. How many guns would be affected by a complete ban on their sale?

2b. In a black market for guns, what type of quota rent would illegal dealers realize? What are the implications of Gun control legislation for incentivizing black markets in guns?

For the next several questions, consider the market for lumber in the United States. What is the likely impact on the price & quantity for lumber from the following changes, other factors held constant?

The interest rate falls, leading a boom in new housing starts.

1. What is the change (if any) on the equilibrium price for lumber?

Select one:

a. increase

b. no change

c. decrease

2. What is the change (if any) on the equilibrium quantity for lumber?

Select one:

a. no change

b. increase

c. decrease

A growth in tree fungus spreads through the United States, killing many trees.

3. What is the change (if any) on the equilibrium price for lumber?

Select one:

a. increase

b. decrease

c. no change

4. What is the change (if any) on the equilibrium quantity for lumber?

Select one:

a. decrease

b. increase

c. no change

Bank Failures Despite the regulations that protect banks from failure, some do fail. Go to www2.fdic.gov/hsob/ Select the tab labeled “Bank Failures”. In your initial response to the topic you have to answer all questions:

1.What does the term “bank failure” mean? What role does FDIC insurance play?

2.How many banks failures occurred in the United States during the most recent complete calendar year?

3.How many banks failures occurred in the United States during 2016?

4.What were the total assets and total deposits held by the banks that failed during the most recent complete calendar year?

5.How many banks failed in 1937? 6.How it is possible to prevent bank failure?

You have recently been elected president of the United States. One of your most popular positions is that you want to reduce the costs of doing business in the United States. When asked how you intend to accomplish this, you reply, ‘‘By seeking to repeal all laws that create unnecessary costs. Repealing such laws will be good not only for business but also for the consumer since product costs, and therefore selling prices, will be reduced.’’ Congress heard the message loud and clear and has decided to repeal all environmental protection laws.

a. Discuss the short- and long-term implications of such a policy.

b. How would such a policy affect the global competitiveness of U.S. companies?

c. What reactions would you expect to such a policy from (1) other industrialized nations and (2) developing countries?

In the following hypothetical scenarios, classify each of the specified numbers as a parameter or a statistic.

There are 100 senators in the 114th Congress, and 54% of them are Republicans. The 54% here is a


In 1936, Literary Digest polled 2.3 million adults in the United States, and 57% of them said they would vote for Alf Landon for the Presidency. The 57% here is a


The survey results from 75 local elementary schools show the mean weight of 41 lbs for four-year-old children. The mean weight of 41 lbs is a


The 36 students in Ms. Dunham's second grade class have a mean height of 64 inches with a standard deviation of 1.3 inches. The 1.3 inches is a


In a random sample of households in the United States, it is found that 51% of the sampled households have at least one high‑definition television. The 51% here is a