In: Accounting
In: Finance
In: Psychology
In: Physics
A financial institution has the following options for investing funds to a basket of asset consisting of fixed income security, bond and highly risky asset. The distributions given below are the two investment options in terms of their return and its associated probability. We define that the profit= 0.9*return – expense.
We also assume that the expense for Option A is $1 million and the expense for Option B is $1.8 million.
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Option A |
Option B |
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|
Return ($ millions) |
Probability |
Return ($ millions) |
Probability |
|
|
-2 |
0.2 |
-4 |
0.1 |
|
|
1 |
0.4 |
-1 |
0.2 |
|
|
5 |
0.2 |
5 |
0.5 |
|
|
10 |
0.2 |
8 |
0.2 |
|
What is the expected value of the profit for Option A? (in $ million)
What is the expected value of the profit for Choice B? (in million)
What is the standard deviation of the profit for Option A? (in $ million)
In: Statistics and Probability
All of the following are needed to accurately describe a gas except ___.
pressure
amount
energy
volume
temperature
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Question 2 0.2 pts
If temperature and amount are constant, as gas pressure increases, gas volume ___.
remains constant
varies
decreases
increases
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Question 3 0.2 pts
If temperature and volume are constant, as gas pressure increases, gas temperature ___.
changes
remains constant
increases
decreases
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Question 4 0.2 pts
If pressure and temperature are constant, as gas amount increases, gas volume ___.
increases
varies
decreases
remains constant
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Question 5 0.2 pts
The first scientist to conduct an experiment in which one variable was changed systematically while another variable was monitored was ___.
Charles
Torricelli
Avogadro
Boyle
Pascal
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Question 6 0.2 pts
The unit of temperature used in all gas comparisons (at standard conditions) and gas law calculations is the ___.
Celsius
Fahrenheit
Rankin
Kelvin
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Question 7 0.2 pts
The ideal gas law is ___.
PV = nRT
PT = nRV
Pn = VRT
PR = nVT
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Question 8 0.2 pts
Of the following, ___ is not an assumption in deriving the ideal gas law.
The combined volume of the particles of an ideal gas is much smaller than the volume occupied by the ideal gas.
The particles of an ideal gas do not interact with each other.
The particles of an ideal gas do not occupy space in their container.
The particles of an ideal gas move quickly, randomly, and independently of each other.
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Question 9 0.2 pts
Boyle's, Charles', and Avogadro's Laws all can be combined into a mathematical statement.
True
False
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Question 10 0.2 pts
The ideal gas law can be used to solve for gas density.
True
False
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Question 11 0.2 pts
The ideal gas law cannot be used to determine the molar mass of a gas.
True
False
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Question 12 0.2 pts
Gas laws cannot be combined with stoichiometric calculations.
True
False
In: Chemistry
The Tower Hotel has two operating departments: Rooms and F&B. 69% of the hotel’s total revenue is earned from room sales and the remaining revenue is earned from F&B sales. Rooms department’s contribution margin ratio is 65% and F&B department’s contribution margin ratio is 54%. If the fixed cost of the hotel is $411,206, and the management is targeting a before-tax profit of $146,476, what is the required sales revenue? (Rounded to whole numbers)
In: Accounting
A hotel is looking to replace its outdated alarm system to comply with safety standards. It has two options: System A costs $35,000 and lasts nine years. System B costs $22,000 and lasts six years. Maintenance throughout the year will cost $2,000 for System A and $3000 for System B, recognized at the end of each year. The hotel’s cost of capital is 10%. Which alarm system should the hotel choose? (Please Show work and explain answer)
In: Finance
In: Economics
Please note that for all problems in this course, the standard cut-off (alpha) for a test of significance will be .05, and you always report the exact power unless SPSS output states p=.000 (you’d report p<.001). Also, remember that we divide the p value in half when reporting one-tailed tests with 1 – 2 groups.
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Problem Set 2: (8 pts) Research Scenario: Does distraction and/or amount of details affect the ability of people to make good decisions? In this fictitious scenario, researchers used a within-subjects design. Participants (N=15) were given four different scenarios based on amount of details (4 or 14) and distraction level (no distraction or distraction), and were asked to make an objective decision at the end of each scenario. Objective decision was the dependent variable and was quantified numerically using an interval scale of measurement. Each participant provided four objective decisions – one for each condition. Assume the data is parametric. Select and conduct the most appropriate statistical test to determine whether distraction and/or amount of details affect people’s ability to make good decisions. Hint: since this is within subjects, each level for each factor will have its own column of data, so you will have 4 columns of 15 rows of data in your SPSS data view. You will analyze two factors (“Distraction” and “Details”) and each factor has 2 levels. Please label your columns “NoDistract4”, “NoDistract14”, “Distract4”, and “Distract14”.
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In: Math