Kid's Phones “Alex Smith is preparing a sales presentation for his company, Phones4Kids, which manufactures and sells cell phones that are specifically designed for children. Phones4Kids employs several hundred workers in Murray, Missouri, a small town with only two other large employers in addition to Phones4Kids. Alex hopes to sell specialty phones for boys and girls aged 6-10 to a retailer in Hooptown, Missouri. This sale would represent approximately 25% of the projected revenue for the current year for Phones4Kids. The phones are not specifically designed for internet access; however, about eight percent of the time the phones can pick up a wireless internet connection and the user can access the internet. There is a 48% chance that once a child connects to the internet using one of these specialty phones, he or she could access a pornographic site. Derrick Vance, Alex’s boss, has promised Alex a commission in addition to his regular salary if he makes the sale to the retailer. However, if he tells the retailer about the potential to access pornography via the cell phone, the retailer may buy the phones from a competitor that sells phones without internet access. Alex has reviewed the corporate policy for Phones4Kids and can find no specific guidance on how to handle this situation. However, the policy does indicate that sales representatives are, to be honest, and fair in their dealings with customers.” Determine how Alex should handle this situation. Use the ethical decision-making process to reach a resolution to the hypothetical. Would your course of action meet the firm’s economic responsibilities? Would your course of action meet the firm’s legal responsibilities? Would your course of action meet the firm’s ethical responsibilities?

1. Determine if the following situations are either

• One Sample Mean
• One Sample Proportion
• Two Independent Sample Means
• Two Independent Sample Means Pooled t-Test
• Levene’s Test
• Paired Data t-Test
• Two Independent Sample Proportions
• Goodness of Fit Test

a) A high school principal claims that 30% of student athletes drive themselves to school, while 4% of non-athletes drive themselves to school. In a sample of 20 student athletes, 45% drive themselves to school. In a sample of 35 non-athlete students, 6% drive themselves to school. Is the percent of student athletes who drive themselves to school more than the percent of nonathletes?

b) A sample of 12 in-state graduate school programs at school A has a mean tuition of $64,000 with a standard deviation of $8,000. At school B, a sample of 16 in-state graduate programs has a mean of $80,000 with a standard deviation of $6,000. On average, are the mean tuitions different? Assume the variance of both schools are the same.

c) A study of sterility in the fruit fly (“Hybrid Dysgenesis in Drosophila melanogaster: The Biology of Female and Male Sterility,” Genetics, 1979: 161–174) reports the following data on the number of ovaries developed by each female fly in a sample of size 1388. One model for unilateral sterility states that each ovary develops with a probability of 1/3 independently of the other ovary.

d) One hundred eight Americans were surveyed to determine the number of hours they spend watching television each month. It was revealed that they watched an average of 151 hours each month with a standard deviation of 32 hours. Assume that the underlying population distribution is normal.

e) At Rachel’s 21th birthday party, 16 girls were timed to see how long (in seconds) they could hold their breath in a relaxed position. After a two-minute rest, they timed themselves while jumping. The sample mean and variance of the difference between their jumping and relaxed times is -3.2 (Jumping minus relaxed) and 9.2342 .The girls thought that the mean difference between their jumping and relaxed times would be zero.

Recall from Activities 16-1 and 16-3 that the Kaiser Family Foundation commissioned an extensive survey in 2004 that investigated the degree to which American youths aged 8–18 have access to various forms of media. Of the 1036 girls in the sample, 64% had a television in their bedrooms, compared to 72% of the 996 boys in the sample.

a. Suppose you want to use these sample results to produce a 95% confidence interval for πg - πb. Describe in words what πg - πb represents.

b. Calculate this interval, and interpret what it reveals. Be sure to mention whether the interval contains all negative values, all positive values, or some of each.

c. Calculate a 99% confidence interval for πg - πb. Comment on how its midpoint and width compare to the 95% interval

note: TT= pi

Janet was asked the following question on her Probability Test:    Q: A class has 7 boys and 6 girls. The teacher will be picking two volunteers at random to do the recycling. What is the probability that the teacher picks one boy and one girl?

Janet's answer along with her explanation is shown below:

Well there is a 7/13 chance of picking a boy and a 6/13 chance of picking a girl- therefore, the probability of picking a boy AND a girl will be P(Boy) x P(Girl) = 7/13x6/13=42/169=25%.

Explain , in detail if you agree with her answer. Include in your answer references to independent and dependent events. If you agree that her answer is correct, explain why. If you disagree with her answers, explain what she did wrong and include the correct solution.

2.Frederich List, an-early 19th-century German economist, is famous for making the so-called “infant industry” argument. He wrote:Had the English left everything to itself—'Laissez faire, laissez aller', as the popular economical school recommends—the [German] merchants of the Steelyard would be still carrying on their trade in London, the

Belgians would be still manufacturing cloth for the English, England would have still continued to be the sheep-farm of the Hansards, just as Portugal became the vineyard of England, and has remained so till our days, owing to the stratagem of a cunning diplomatist.

List ideas were invoked by Latin American economists to justify ISI. Explain what the

“popular economical school” recommends, describe ISI, list its advantages and disadvantages, and, on that basis, assess List’s argument.

The firm Hill is planning to acquire Dale, another firm in the same industry. Relevant financial information for the two firms is shown below.

Both firms are financed entirely by equity. The acquisition will result in expected cost savings for the merged (post-acquisition) firm with a total present value of $38 million.

(a) Assume for this part of the question that Hill’s shares are valued at $4.50 each. How many new shares would Hill issue to Dale's shareholders in exchange for the whole 10.5 million of Dale's shares? What is the total value and price per share of the merged firm? Should Hill pay for the acquisition on this basis? Explain briefly.

Assume now that Dale's shareholders will agree to the acquisition for a premium of $4.05 million.

2. (b) What is the minimum number of shares Hill should offer, such that Dale's shareholders will participate in the acquisition?

3. (c) Assume Hill decides to acquire Dale by issuing the minimum number of shares as in part (b). In the first year the total earnings of the merged firm will be $15.87 million. Hill’s dividend payout ratio will be maintained in the merged firm. What change in dividend payment will a former Dale shareholder get in the first year of the merged firm, if they had 1000 shares in Dale before the acquisition?

4. (d) What does clientele theory predict about the relationship between a firm’s value and a change in its dividend policy? Does this theory have any implications for the success of the acquisition? Explain.

I'll give good rating please help

4. The firm Hill is planning to acquire Dale, another firm in the same industry. Relevant financial information for the two firms is shown below. Hill Dale Price per share, $ 4.50 & 1.90 Number of shares 28,000,000 & 10,500,000 Dividend payout ratio 0.65 & 0.20 Both firms are financed entirely by equity. The acquisition will result in expected cost savings for the merged (post-acquisition) firm with a total present value of $38 million.

(a) Assume for this part of the question that Hill’s shares are valued at $4.50 each. How many new shares would Hill issue to Dale's shareholders in exchange for the whole 10.5 million of Dale's shares? What is the total value and price per share of the merged firm? Should Hill pay for the acquisition on this basis? Explain briefly. UL20/0419 Page 6 of 8 Assume now that Dale's shareholders will agree to the acquisition for a premium of $4.05 million.

(b) What is the minimum number of shares Hill should offer, such that Dale's shareholders will participate in the acquisition?

(c) Assume Hill decides to acquire Dale by issuing the minimum number of shares as in part (b). In the first year the total earnings of the merged firm will be $15.87 million. Hill’s dividend payout ratio will be maintained in the merged firm. What change in dividend payment will a former Dale shareholder get in the first year of the merged firm, if they had 1000 shares in Dale before the acquisition?

(d) What does clientele theory predict about the relationship between a firm’s value and a change in its dividend policy? Does this theory have any implications for the success of the acquisition? Explain. (150 words) (Total = 25 marks)

the table gives a total U.S expenditure for health services and supplies selected years from 2000 and projected to 2018.

year $(billion)

2000 1264

2002 1498

2004 1733

2006 1976

2008 2227

2010 2458

2012 2746

2014 3107

2016 3556

2018 4086

a. find an exponential function model to these data, with x equal to the number of years after 2000. b) use the model to estimate the U.S expenditure for health services and supplies in 2020.

2.The percent of boys age x or younger who have been seually active are given below.

Age cumulative percent seuual active girls cumulative percent sexual active boys

15 5.4 16.6

16 12.6 28.7

17 27.1 47.9

18 44.0 64.0

19 62.9 77.6

20 73.6 83.0

a). Creat a logarithmic function that model the data using an input equal to the age of the boys.

b) use the model to estimate the percent of boys age 17 or younger who have been seually active

c. compare the percent that are sexually active for the two genders, what do you conclude.

3). if $12000 is invested in an account that pays 8% interest, compounded quaterly, find the future value of this investment

a) after 2 year. b) after 10 years.

4).if $9000 is invested in an account that pays 8% interest, compounded quaterly . find the future value of this investment

a) after 0.5 year b)after 15 years

5. Grandparents decide to put a lump sum of money into a trust fund on their gtanddaughters 10th birthday so that she will have $1000000 on her 60th birthday. if the fund pays 11% compounded monthly. how much money must they put in the account.

6.At the end of t years the future value of an investment of $25000 in an account that pays 12% compounded quaterly is

S=25000(1+0.12 /4t )^4t dollars.. a) How many years will the investment amount to $60000.