Mr. Sam Golff desires to invest a portion of his assets in
rental property. He has narrowed his choices down to two apartment
complexes, Palmer Heights and Crenshaw Village. After conferring
with the present owners, Mr. Golff has developed the following
estimates of the cash flows for these properties.
|
Palmer Heights |
||||||
| Yearly Aftertax Cash Inflow (in thousands) |
Probability | |||||
| $ | 30 | 0.2 | ||||
| 35 | 0.2 | |||||
| 50 | 0.2 | |||||
| 65 | 0.2 | |||||
| 70 | 0.2 | |||||
|
Crenshaw Village |
||||||
| Yearly Aftertax Cash Inflow (in thousands) |
Probability | |||||
| $ | 35 | 0.2 | ||||
| 40 | 0.4 | |||||
| 50 | 0.2 | |||||
| 60 | 0.2 | |||||
a. Find the expected cash flow from each apartment
complex. (Enter your answers in thousands (e.g, $10,000
should be enter as "10").)
|
b. What is the coefficient of variation for each
apartment complex? (Do not round intermediate calculations.
Round your answers to 3 decimal places.)
|
c. Which apartment complex has more
risk?
Palmer Heights
Crenshaw Village
In: Finance
Suppose the manufacturer of a certain drug claims the adverse event rate of the drug is 20% (ie. 20% of people who take the drug have an adverse event), but you think the adverse event rate is higher. (In fact, you think the adverse event rate is 30%.) So, you want to do a study to show the adverse event rate is higher than 20%. If the adverse event rate is really 30% and you obtain a sample of size 10 patients, what is the power of your study for testing Ho: p=0.2 vs Ha: p > 0.2 with a significance level of 0.05? To address this question, answer the following: a) State in words what "power" means in the context of this problem. b) Determine the minimum number of adverse events among 10 patients that would need to happen to reject your null hypothesis. In other words, determine the minimum number of adverse events so that the one-sided p-value is less than 0.05. c) Now, calculate the probability of observing the number of events from part b or more events under the assumption that the true rate is 30%. In other words, calculate the power (the probability of rejecting the null hypothesis if the adverse event rate is really 0.3). d) Now do steps b) and c) to determine the power if the rate were really 70%. e) (*1 point) Compare the power in c) and d). This comparison illustrates (choose the best answer): i) power is higher with alternatives closer to the null hypothesis. ii) power is higher with alternatives farther from the null hypothesis. iii) power is higher with a smaller Type I error rate. iv) power is higher with a larger Type I error rate.
In: Statistics and Probability
You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals.
A random sample of 35 home theater systems has a mean price of $125.00. Assume the population standard deviation is $19.60
In: Statistics and Probability
Database:
Our AD is Movie Theater.
Create an ER diagram with the following entities: Staff, Ticket,
Movie, Session, Hall, Seat, Director, Actor, Distributor, and
Roles. AND also identify the type of relations
between the entities with notations and explain why you used
it.
**Read the question carefully before you answer**
In: Computer Science
Write the pseudocode that prompts the user for their first and last name. Display the first initial of their first name and their last name to the user.
Ask the user to input a phone number.
The program checks which part of Colorado a phone number is from using the values below.
If the second digit of the phone number is one of the below digits, print the phone number and which part of Colorado it is from. If none of the digits are entered, display the phone number and state it is not in Colorado.
If the number is in Estes Park, the user should see: phone number + “is in Estes Park, it is time to go pick up your new Corgi puppy!”
If the second digit of a phone number is:
0 = Boulder
1 = Colorado Springs
2 = Denver
7 = Estes Park
In: Computer Science
Park Corporation is planning to issue bonds with a face value of $630,000 and a coupon rate of 7.5 percent. The bonds mature in 4 years and pay interest semiannually every June 30 and December 31. All of the bonds were sold on January 1 of this year. Park uses the effective-interest amortization method and also uses a discount account. Assume an annual market rate of interest of 8.5 percent. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided. Round your final answer to whole dollars.)
3. What bond payable amount will Park report on
its June 30 balance sheet? (Enter all amounts with a
positive sign.)
In: Accounting
A firm has won the bid to complete a renovation of a hotel and
you are to manage the labor to complete the job. The firm is
assigning two workers named Ben and Jerry. The floors and walls
must be redone and there are 60 hotel rooms to complete. The firm
is not receiving payment by the hour but by the job. The firm's
goal is to minimize time spent on this project. The table below
shows the time it takes to complete a single room which has two
aspects of the job.
Floors Walls
Ben 3 hours 4 hours
Jerry 2 hours 3 hours
How many hours would it take to complete the entire hotel if each
worker specialized in a task in which they had the comparative
advantage? Do not let time pass with idle workers.
In: Economics
A Bacon Factory is located in a small town. Also in the town is a Water Park. The smell of the Bacon factory has adversely affected the Water Park such that it has put in air cleaning equipment to eradicate the odor created by the factory. Please show your work..
The cost function of the Bacon Factory is:
CBF= B2 + 4B1/2 + (1 − x)2
where B denotes the quantity of bacon produced annually and x denotes the quantity of pollutants that A creates in a given year.
Thus, the Bacon Factory can limit production costs by eliminating its air scrubbers. However, the air pollution increases the costs for the water park W, whose cost function is:
CWP = W2 + 2x,
where W denotes the number of visitors to the Water Park on an annual basis. Suppose that the unit price of admission to the water park is $3 and that the unit price of bacon is $32.5 per unit.
A. Compute the profit maximizing quantity of the Bacon Factory (B) and pollutant (x) produced by Bacon Factory B (assuming B behaves competitively in the output market, i.e., taking the price of Bacon as $32.50). Also, compute the Bacon Factory’s (Firm B) profits.
B. Compute the profit maximizing visits (represented by W) created by Firm W (assuming W behaves competitively in the output market, i.e., taking the price of visits as given). Notice that W does not choose x. Also, compute W’s profits.
C . Suppose now that the two firms B and W merge, creating B&W. The management of B&W now maximizes B&W’s profits by appropriately choosing x, B, and W. Find the quantities of Bacon, Water Park Visits, and pollutants that the new firm produces. Also, find the profits of B&W.
In: Economics
In c++, please make it short and simple
A hotel chain needs a program which will produce statistics for the hotels it owns.
Write a program which displays the occupancy rate and other statistics for any of the chain’s large hotels (all are 20 floors with 16 rooms each floor).
In main:
-declare a 20 X 16 array of “int” named hotel to represent a hotel’s 20 floors and 16 rooms per floor.
Then in main, repeatedly:
-call a function which fills the hotel array with 1s and 0s, where 1 indicates an occupied room and 0 indicates an unoccupied room. Call a second function to validate that each entry is either 1 or 0 by having the second function access the original entry using a pointer in its parameter list.
-pass the hotel array to a third function which dynamically allocates a new size 20 “int” array with each element representing a floor of the hotel and the floor’s number of occupied rooms; place the number of occupied rooms of each floor into the new array and return it to main.
-display the floor number** and number of occupied rooms on each floor by incrementing the address of the new array.
-also calculate and display the hotel’s overall occupancy rate to 1 decimal (total rooms occupied per total rooms), and the floor number** and number of occupied rooms of the floor with the highest occupancy.
-process another hotel (unknown number of hotels in chain).
**NOTE: hotels do not have a floor numbered 13 due to guests’ superstitions.
To create your screen print, temporarily set the floors and rooms to 3 and 5 respectively to reduce data entry, and enter:
Floor #1: occupied, occupied, unoccupied, occupied, unoccupied
Floor #2: occupied, unoccupied, occupied, occupied, occupied
Floor #3: occupied, unoccupied, unoccupied, unoccupied, occupied
In: Computer Science
Assume that the distribution of squirrel weights are normally distributed with mean=1.7 lbs and standard dev.= 0.5 lbs. Suppose we want to find the proportion of squirrels that weigh between 0.8 and 1.2 lbs.
Suppose we want to find the proportion of squirrels that weigh between 0.8 and 1.2 lbs.
Standardize the weights of 0.8 lbs and 1.2 lbs. Write the z-scores corresponding to the two weights below.
In: Statistics and Probability