The United States Centers for Disease Control and Prevention (CDC) found that 17.9%17.9% of women ages 1212–5959 test seropositive for HPV‑16. Suppose that Tara, an infectious disease specialist, assays blood serum from a random sample of n=1000n=1000 women in the United States aged 1212–59.59.

Apply the central limit theorem for the distribution of a sample proportion to find the probability that the proportion, ^p,p^, of women in Tara's sample who test positive for HPV‑16 is greater than 0.2010.201. Express the result as a decimal precise to three places.

P(^p>0.201)=P(p^>0.201)=

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 0.1730.173. Express the result as a decimal precise to three places.

P(^p<0.173)=P(p^<0.173)=

In 1992, Association of Southeast Asian Nations Free Trade Area (AFTA) was applied by eliminating tariffs and non-tariff barriers between the member countries. The original members were Brunei, Indonesia, Malaysia, Philippines, Singapore and Thailand. knowing that:

• Brunei needs to import Cereal (Cereal is a homogenous good).
• The best exporter for Cereal that is United States (the price per ton is $8).
• Brunei can import Cereal from Indonesia (the price per ton is $12).
• Brunei imposed a specific tariff on its imports of Cereal accounts for $6 per ton.

Q1: Discuss the impacts of joining AFTA including Brunei and Indonesia on the foreign trade of both of Brunei, Indonesia and USA.

Q2: Will your answer be affected in the following cases?

1. If the price of Cereal in United States is $5 per ton instead of $8.

2. If Brunei is a small importer of cereal in one case and a large importer of cereal in another.

Assume that Walmart is considering opening a store in Argentina. Argentina is rate BB-, and its dollar-based bonds trade at a default spread of 3% over the US treasury bond rate of 6.5%. The Argentine equity market is 1.8 times more volatile than the Argentine long-term bond market. Walmart has a beta of 0.9 (already relevered to account for the Argentinian tax rate of 35% and Argentinian D/E ratio). The market risk premium in the United States is 5.5%. The firm intends to borrow in Argentina at a local rate of 12% (in pesos) and maintain a debt ratio of 25% for Argentine projects. You can assume that the inflation rate in the United States is 3% whereas it is 9% in Argentina.

(a)     Explain what we mean by “the inflation rate” in the above description.

(b)     Estimate the cost of equity and the cost of capital in dollar terms for the Argentine store.

3. Estimate the cost of equity and capital in peso terms of the Argentine store.

SECTION B – CASE STUDY

Read the scenario below and answer the questions that follow:

South Africa has a negative trade balance with the East (Asia). The value of imports from the East is more than the value of the goods that South Africa exports to Asia. This means that the trade balance or terms of trade is not in favour of South Africa. This is not a uniquely South African phenomenon. Part of the reason for the trade war between the United States and China is due to the fact that terms of trade tend to be skewed in favour of China.

Source: Examiner

4BQuestion 1

1.1 Use an appropriate diagram to illustrate and explain the effect of the scenario above on the foreign exchange market. (8)

1.2 Discuss the three (3) policy options available to South Africa to mitigate against the outcome in 1.1. (6)

1.3 Briefly discuss the effect of the trade wars between China and the United States on the South African current account. (6)

A hotel has 210 units. All rooms are occupied when the hotel charges ​$90 per day for a room. For every increase of x dollars in the daily room​ rate, there are x rooms vacant. Each occupied room costs $ 36 per day to service and maintain. What should the hotel charge per day in order to maximize daily​ profit?

Regarding Anne Moody's autobiography answer the following questions:

Why didn’t more southern blacks join the movement?

2. Why did Anne Moody become a civil rights activist?  Was it a case of nature or nurture?

3. What were Anne Moody’s frustrations with the civil rights movement?  Why had she become disillusioned by 1963?

4. How has Anne Moody’s autobiography added to your understanding of the history of race relations in the South during the 1940s and 1950s as well as the civil rights movement’s efforts to improved conditions?  Be specific.

Michael is an employee of TechNew Corporation, a multinational enterprise based in the United States. He worked on an overseas managerial assignment in Chile for five years. During this period, he enjoyed a high degree of flexibility and autonomy. Michael is now set to return to the home-country office. Which of the following is most likely to happen in this scenario?