Imagine that we conducted a survey and asked individuals about their education and their smoking habits. The results are below. Are these two variables correlated? If so, what are two potential confounding variables that would explain a statistically significant correlation between education and smoking habits? Explain.

Do you agree or disagree with the selected aspects for an organization? Explain

The three key aspects that a company must consider when developing a successful loyalty and reward program complete satisfaction of the customer needs, give the customer ultimate pleasure in buying the services or products with their loyalty program; in addition, if the consumer spends more genuinely they get more back on their loyalty or reward program, which they will want to focus on the same loyalty program that offers them savings. Customers frown upon any changes to their loyalty program that is not totally benefiting the consumer. “Loyalty program managers are frequently asked to find ways to tighten down budgets within their programs; it is also the case that senior executives do not always have data demonstrating the importance of their program as it contributes to return on investment or ROI. Consequently, programs are often cut or changed in ways that may negatively influence consumers”. Many customers just love their reward program with their vendors; furthermore, it makes the customer spend more with the vendor as well. For instance, I truly love Steven Madden shoes, they have a rewards program that is amazingly great; moreover, you get points for just signing up for the rewards program. All companies are gearing for customers to have a death do us apart relationship with their services or products based on their loyalty program.

     When developing any time of advertising strategy to lure consumers to buy their product or services; consequently, you will have a deal with cost or decrease in the value of the company in order to maintain the loyalty or reward program. For example, “Restaurant chain Chart House program, the Aloha Club, offered free around the world trips to any member who ate in all 65 Chart House restaurants. Unfortunately, the company underestimated the zeal of its 300,000 members. Forty-one members qualified, costing the company a considerable sum of money” (Winer, 2016 pg. 429). Many consumers think they are getting great deals; in addition, at low cost too. Customers and the companies tend to try to get over each other in this marketing structure. “Reward programs are incentives designed to create loyalty among customers with the idea that they can provide the best rewards to the “best” customers. Loyal customers are, by definition, less price-sensitive customers. However, managers frequently question the value of their reward programs and wonder what, if any, incrementality is gained from offering rewards for customer patronage. Consequently, managers are frequently challenged to think of ways to manage their loyalty programs that reward high patronage without creating “deal” seeking customers and without further discounting price”. Consumers only want the deals; consequently, the company wants the long-term shopper, without a return of investments

Martin-Pullin Bicycle Corp. (MPBC), located in Dallas, is a wholesale distributor of bicycles and bicycle parts. Formed in 1981 by cousins Ray Martin and Jim Pullin, the firm’s primary retail outlets are located within a 400 mile radius of the distribution center. These retail outlets receive the order from Martin-Pullin within two days after notifying the distribution center, provided that the stock is available. However, if an order is not fulfilled by the company, no backorder is placed. The retailers arrange to get their shipment from other distributors, and MPBC loses that amount of business.

The company distributes a wide variety of bicycles. The most popular model, and the major source of revenue to the company, is the AirWing. MPBC receives all the models from a single overseas manufacturer, and shipment takes as long as four weeks from the time an order is placed. With the cost of communication, paperwork, and customs clearance included, MPBC estimates that each time an order is placed, it incurs a cost of $65. The purchase price paid by MPBC, per bicycle, is roughly 60% of the suggested retail price for all the bike models available. The inventory carrying cost is 1% per month (12% per year) of the purchase price paid by MPBC. The retail price (paid by the customer) for the AirWing is $170 per bicycle.

MPBC is interested in making an inventory plan for 2011. The firm wants to maintain a 95% service level with its customers to minimize the impact of lost orders. The data collected for the past two years is summarized in the following table. A forecast for AirWing model sales in upcoming year 2011 has been developed and will be used to make an inventory plan for MPBC.

Questions

1. Develop an inventory plan to help MPBC.
2. Discuss ROPs and total costs.
3. How can you address demand that is not at the level of the planning horizon?

The following data give the percentage of women working in five companies in the retail and trade industry. The percentage of management jobs held by women in each company is also shown.

Develop the estimated regression equation by computing the values b ₀ and b ₁.

Enter negative values as negative numbers. Round your answer for the intercept to one decimal place, and your answer for the slope to two decimal places.
= + x

e. Predict the percentage of management jobs held by women in a company that has 60% women employees. Round your answer to a whole percentage.
%

?(c) Construct a relative frequency distribution of the data.

?

?(d) What percentage of the Saturdays had 7 or more customers waiting for a table at? 6:00 P.M.?

(e) What percentage of the Saturdays had 7 or fewer customers waiting for a table at 6:00 P.M.?

Please show your work.

1- Exchange of goods and services?

2- telcommunication company selling talk time through scratch cards? detaild explination at least 5 lines + the example

3- magazine subscription? detaild explination at least 5 lines + the example

4- goods sold under " Sale or Return "? detaild explination at least 5 lines + the example

5- revenue recognition for MEDIA COMPANY when the advertisment are aired even if the payment is not recevied or reveived in advance? detaild explination at least 5 lines + the example

1. ] An investment bank has the following customers.

The investment bank takes the opposite position of the investors. The risk-free interest rate is R_F = 5% p.a. with continuous compounding. The current spot price of gold is HK$9800 per ounce. The volatility of gold is 12% p.a. The current spot price of a Bank of China share is HK$3.0. The volatility of Bank of China share is 15% p.a. Let P be the investment bank’s portfolio of gold and its derivatives.

1. Find the current value of P.
2. Find the delta of P. If the price of gold per ounce is increased by $1, what is the change of P predicted by delta?
3. Find the gamma of P. If the price of gold per ounce is increased by $1, what is the change of delta predicted by gamma?
4. How can the bank make its portfolio P delta-neutral using spot gold?
5. How can the bank make its portfolio P delta-neutral and gamma-neutral using spot gold and a traded call option with delta 0.2 and gamma 0.001?

To the Internal Revenue Service, the reasonableness of total itemized deductions depends on the taxpayer’s adjusted gross income. Large deductions, which include charity and medical deductions, are more reasonable for taxpayers with large adjusted gross incomes. If a taxpayer claims larger than average itemized deductions for a given level of income, the chances of an IRS audit are increased. Data (in thousands of dollars) on adjusted gross income and the average or reasonable amount of itemized deductions follow.

Use Excel - no hand calculations.

1. Write the regression equation.

2. Interpret the regression constant and regression coefficient.

3. Forecast a value for the dependent variable, test the significance of the regression coefficient at an alpha level of .05

4.Test the overall significance of the regression model, and Interpret the coefficient of determination.