Is the American Family better off today than it was in the 1960’s? Explain your point of view.

1. Give a brief example of the harsh conditions facing the cold, starving first American colonists.

(American Government)

What do you see as the biggest issue with bureaucracy, in its current form?

What is the difference between American and European options? Is one more valuable than the other? Should it be?

in what ways did the US Constitution betray the African and african american people in the United States?

Student ID   Age   Gender   Nationality   Married   Children   Undergrad Major   GMAT Score   Previous salary   Monthly Expenses   School Debt
1   30   Male   US   No   0   Marketing   717   48100   1710   26580
2   32   Male   US   No   0   Finance   658   62600   1870   0
3   32   Female   US   No   0   Engineering   669   55500   1630   30560
4   30   Male   India   No   0   Marketing   687   45600   1430   0
5   39   Male   US   No   0   Marketing   633   59700   2020   25380
6   33   Male   US   No   0   Other non-business   658   70000   2610   0
7   30   Female   Europe   No   0   Other business   653   44500   1650   32370
8   35   Female   US   No   0   Engineering   784   54000   1930   33240
9   37   Female   Other   No   0   Engineering       40000   1640   64330
10   34   Male   US   Yes   0   Finance       72100   2670   39950
11   32   Female   US   No   0   Other business   784   42200   1130   9490
12   39   Male   US   Yes   2   Other non-business   627   69300   2320   70780
13   33   Female   US   Yes   1   Marketing   709   46100   2290   69360
14   26   Female   US   No   0   Finance   757   53100   1820   12490
15   35   Male   US   No   0   Finance   735   76400   1300   8840
16   35   Male   US   No   0   Marketing       67500   2230   26330
17   33   Male   US   No   1   Other non-business   686   67700   1770   48870
18   30   Male   India   No   0   Marketing       46700   1370   22690
19   29   Female   India   No   0   Marketing   749   46500   1530   20130
20   36   Female   US   Yes   1   Engineering   736   73700   1970   31150
21   36   Male   US   Yes   0   Finance   691   63400   1750   0
22   30   Male   South America   No   0   Marketing   698   51900   2550   33910
23   39   Male   India   No   0   Other non-business   743   63300   1750   29180
24   34   Male   US   Yes   1   Engineering   710   63200   2130   53280
25   40   Male   US   Yes   0   Other business   662   56200   2020   38560
26   30   Female   South America   Yes   0   Finance       43300   1240   26400
27   33   Male   US   Yes   1   Engineering       72200   1820   19450
28   32   Female   India   Yes   2   Engineering   718   44300   2600   68260
29   34   Male   US   No   0   Other non-business   716   59300   1620   0
30   40   Male   China   No   0   Finance   711   69100   2270   30460
31   37   Male   US   No   0   Engineering       76100   2430   0
32   28   Male   US   No   0   Marketing   743   58800   1540   35420
33   28   Male   US   No   0   Engineering   740   57200   1300   19180
34   27   Female   US   No   0   Finance   695   45000   2100   72220
35   31   Female   US   Yes   0   Other business       54200   1950   14640
36   35   Male   US   Yes   1   Other business       69500   2390   38330
37   30   Male   US   No   0   Engineering   765   77000   1450   16720
38   34   Female   China   No   0   Finance   770   47900   1970   39250
39   33   Male   US   Yes   1   Engineering       78900   1920   44820
40   34   Male   US   No   0   Other business   726   62300   2210   23620

1. Generate the 10 random samples of size 30 of School Debt variable. Find the mean and standard deviation of the each sample. Analyze the sample mean and standard deviation with the population mean and population standard deviation. In your workbook, rename the Sheet1 tab on the bottom of worksheet 1 to Random Sample of School Debt.

Answer the two questions below in Excel using the WAAC Model.

1. You are considering a pair of GICs (guaranteed investment contracts) o§ered by two di§erent life insurance companies. Each promises a single payment 10 years from now.

(a) US Life Insurance Companyís GIC promises to pay 6.5% per annum and can be purchased today for $100,000.

(b) Met Lifeís GIC promises to pay 5.7% per annum compounded monthly and can be purchased today for $95,000.

Which would you buy?

2. The Board of Administrators of Tulane University has decided to o§er an early retirement program to University faculty. The typical 55-year old faculty member would receive a small cash severance payment and a pension of $50,000 per year for the next 30 years, to begin one year from now. As CFO, you plan to set aside now enough money to fully fund the pension. Youíve been assured by your insurance company that they will pay you a 7% annual return on fund deposited with them. The American Association of University Professors objects to this program, however, because, they say, it fails to account for ináation. They propose an alternative plan in which payments would begin at $40,000 for the Örst year and grow thereafter at a Öxed rate of 5% to accommodate expected increases in the cost of living. They argue that this plan should be good for the University too because it involves lower initial payments. How much will it cost you up front to fund each of these plans?

A researcher tests whether Japanese managers are more motivated than American managers using the Sarnoff Survey of Attitudes Toward Life (SSATL), which measures motivation for upward mobility. A randomly selected group of each were administered The SSATL scores are summarized below.

Suppose α = 0.01. Which of the following represents the correct conclusion?