South Hampton University is preparing its budget for the upcoming academic year. This is a specialised private university that charges fees for all degree courses. Currently, 30,000 students are enrolled on campus. However, the university is forecasting a 5 per cent growth in student numbers in the coming year, despite an increase in fees to $3,000 per subject. The following additional information has been gathered from an examination of university records and conversations with university managers:
South Hampton is planning to award scholarships to 200 students, which will cover their fees.
The average class has 80 students, and the typical student takes 4 subjects per semester. South Hampton operates 2 semesters per year.
The average academic staff salary is $120,000 per annum including on-costs.
South Hampton’s academic staff are evaluated on the basis of teaching, research, administration and professional/community service. Each of the academic staff teaches the equivalent of three subjects during the academic year.
Required:
a) Prepare a revenue budget for the upcoming academic year.
b) Determine the number of staff needed to cover classes.
c) Assume there is a shortage of full-time academic staff. List and explain at least five actions that South Hampton might take to accommodate the growing student numbers. (200 words)
In: Accounting
A small University in Florida offers STEM (science, technology, engineering, and mathematics) internships to men in STEM majors at the university. A man must be 20 years old or older to meet the age requirement for the internships. The table below shows the probability distribution of the ages of the men in STEM majors at the university.
Ages 17 18 19 20 21 22 23 or older
Probability 0.005 0.107 0.111 0.252 0.249 0.213 0.063
a. Suppose one man is selected at random from the men in STEM majors at the university. What is the probability that the man selected will not meet the age requirement for the internships? Show your work and label your answer with appropriate probability notation.
The university will select a simple random sample of 10 men in STEM majors to participate in a focus group about the internships.
(b) What is the probability that exactly 2 of the 10 men selected will not meet the age requirement for the internships? Show your work, round your answer to four decimal places, and label your answer with appropriate probability notation.
(c) What is the probability that more than 2 of the 10 men selected will not meet the age requirement for the internships? Show your work, round your answer to four decimal places, and label your answer with appropriate probability notation.
In: Statistics and Probability
How did you feel about your new position as programmer Analyst? Do you feel your academic preparation which is MBA has been sufficient for you to be able to fulfil your current job expectations? Explain why or why not.
PLEASE ANSWER IN 350 WORDS AND IN WORD FORMAT ONLY.
THANKS
In: Operations Management
. In the provided scenario, you address the time value of money also known as discounted cash flow analysis. This type of analysis is crucial to being able to viably analyze financial statements.
The start-up firm you founded is trying to save $10,000 in order to buy a parcel of land for a proposed small warehouse expansion. In order to do so, your finance manager is authorized to make deposits of $1250 per year into the company account that is paying 12% annual interest. The last deposit will be less than $1250 if less is needed to reach $10,000.
o How many years will it take to reach the $10,000 goal and how large will the last deposit be? Show your work.
In: Finance
Explain the work please.
In the provided scenario, you address the time value of money also known as discounted cash flow analysis. This type of analysis is crucial to being able to viably analyze financial statements.
The start-up firm you founded is trying to save $10,000 in order to buy a parcel of land for a proposed small warehouse expansion. In order to do so, your finance manager is authorized to make deposits of $1250 per year into the company account that is paying 12% annual interest. The last deposit will be less than $1250 if less is needed to reach $10,000.
o How many years will it take to reach the $10,000 goal and how large will the last deposit be? Show your work.
In: Finance
Answer choices A and B are summary statistics. Answer choices C through K are inference techniques. Each answer choice is to be used only once.
Summary Statistics: A. Mean B. Five-number summary
Inference Techniques: C. 1-sample mean t-test D. Matched pairs E. 2-sample comparison of means F. One-way ANOVA G. Two-way ANOVA H. Simple linear regression I. Multiple regression J. 1-sample proportion test K. Chi-square test
_____ Part One. In the population, is there an association between the brand of the car owned by a person and the type of job that person has?
_____ Part Two. Is there evidence that the average height of men in the US has increased from 70 inches over the past ten years?
_____ Part Three. Is there evidence that the mean age of vegetarians is greater than the mean age of non-vegetarians in the US?
_____ Part Four. Is there evidence that the mean of the differences between the weight of a person, before and after following a low carb diet for three months, is greater than five pounds?
_____ Part Five. What is the interquartile range for the grades obtained by students in Stat 301 last semester? All grades are available for analysis.
_____ Part Six. Do the university, the school (liberal arts, science, engineering, technology, etc.) and the interaction between those two factors influence the salary of college professors?
_____ Part Seven. Is there evidence that the mean price of California oranges is not the same in Indiana, Illinois and Ohio?
_____ Part Eight. Is there evidence that the percentage of vegetarians in the US is less than 5%?
_____ Part Nine. In the population, can the long jump distance of a ten-year-old be predicted based on his/her height?
_____ Part Ten. What is the mean number of pets of the twenty neighbors of Russell street? Data is collected from all the twenty neighbors in that street.
_____ Part Eleven. Can the weight of a person be predicted based on time dedicated to exercise daily, their age and the amount of milk he/she consumes daily?
In: Statistics and Probability
Data from the Framingham Study allow us to compare the distributions of initial serum cholesterol levels for two populations of males: those who go on to develop coronary heart disease and those who do not. The mean serum cholesterol level of the population of men who do not develop heart disease is µ = 206mg/10ml and the standard deviation is σ = 36mg/100ml. Suppose, however, that you do not know the true population mean; instead, you hypothesize that µ is equal to 230mg/100ml. This is the mean initial serum cholesterol level of men who eventually develop the disease. Since it is believed that the mean serum cholesterol level for the men who do not develop heart disease cannot be higher than the mean level for men who do, a one-sided test conducted at the α = 0.05 level of significance is appropriate.
a. How could you increase the power?
b. You wish to test the null hypothesis H0: µ ≥ 230mg/100ml against the alternative HA: µ < 230mg/100ml at the alpha = 0.05 level of significance. If the true population mean is as low as 206mg/100ml, you want to risk only a 5% chance of failing to reject H0. How large a sample would be required?
c. How would the sample size change if you were willing to risk a 10% chance of failing to reject a false null hypothesis?
In: Math
As a marketing consultant, you are frequently asked by clients to develop recommendations for marketing communication strategies. The traditional elements used include advertising, sales promotion, public relations, and personal selling. Which of these do you feel would be most effective for each of the following clients? Why? (200 Words). please
In: Operations Management
Assume it is Sept 1, 2020. Company ABC using AUD as functional currency is concerned about currency risk. The company imports goods from the US and sells them in the Australian market with expected revenues for 2021 of AUD 11.5 million. The contract price for these goods from US suppliers is USD 6.5 million payable in one payment on March 1, 2021. The company has a target profit margin (profit as percentage of revenue) of 20%. The minimum acceptable profit margin below which the company will have difficulties servicing its debt is 15%. The spot AUD/USD rate on Sept 1, 2020 is 0.70. The Australian and US six-month interest rates are 2.5% and 2.0%, respectively. Furthermore, the following option contracts expiring on March 1, 2021 are currently available:
Strike AUD/USD rate Premium
AUDCall 0.73 0.015
AUDCall 0.68 0.021
AUDCall 0.70 0.017
AUDPut 0.72 0.0125
AUDPut 0.68 0.008
AUDPut 0.65 0.005
Based on this information and the knowledge you gained while studying the FRM unit, respond to the questions below. Give all your answers for profit margins and currency rates with 4 (four) decimal places Problem
1. The company analyses the following hedging strategies for
managing currency risk:
Strategy I: No hedge at all.
Strategy II: Hedging 100% of the currency exposure with a forward
contract.
Strategy III: Hedging 40% of the currency exposure with a forward
contract and leaving the remaining 60% unhedged.
Strategy IV: A strategy to meet the target rate and benefit from
favourable exchange rate movements.
Strategy V: A strategy for worst-case protection only.
Strategy VI: Using a collar involving the put with the AUD/USD
strike rate at 0.68 and the call with the AUD/USD strike rate at
0.73.
For each of these strategies:
Calculate the profit margin and effective currency rate if the
AUD/USD spot exchange rate on 1 March 2021 is:
a) 0.75,
b) 0.63.
What are the advantages and disadvantages of each hedging
strategy?
If a strategy includes options, state clearly which option
contract should be used, whether as a long or short position, and
why.
2. Apart from the information provided above and the conducted
analysis of the six hedging strategies, what further information
would the company need in order to decide which hedging strategy
should be adopted?
In: Finance
The condition shown in this family has multiple possible modes of inheritance: X-linked recessive, autosomal dominant, and autosomal recessive. It is always one mode of inheritance for each family (ie it doesn't change between people within the same family). Assume full penetrance and onset from birth.
You are trying to determine the mode of inheritance for the condition in this family. Regardless of the gene it's on, finding a single pathogenic mutation in who in this family (other than the affected person) would allow you to determine the mode of inheritance?
Select one:
a. The mother
b. The father
c. The sister
d. Finding a pathogenic mutation in no one individual will give that information
In: Biology