1. Finally, you wish to determine if the mean monthly sales of the shirt in the superstores that comprise part of the chain in four regions of the country that you have defined differ from each other. Random samples of the sales of the item in stores chosen from each region are selected. The sample data comprising these sales figures is shown in appendix four below. At the 1% level of significance, are there any differences in the mean monthly sales of the item in the populations of superstores in the four regions of the country? If you do observe that there are differences in the mean monthly sales of the shirt, perform the necessary additional test to ascertain which pairs of stores exhibit different mean sales at the 1% level of significance. Perform the appropriate test to show whether the desired property of homogeneity of variances exists for this study, also at the 1% level of significance.

      Appendix Four: (Sales in the most recent month)

                                                             Region

   Store                 One                Two                Three             Four               

      1                      459                 282                 545                 490

      2                      490                 355                 588                 402

      3                      421                 348                 496                 397

      4                      500                 389                 439                 440

      5                      489                 276                 476                 501

      6                      540                 430                 510                 375

      7                      555                 387                 519                 398

            8                      421                 411                 483                 490

            9                      489                 443                 311                 355

         10                     551                 477                 390                 439

         11                     490                 398                 430                 503

         12                     401                 375                 275                 622

Q_{.01,4, 44} = 4.68                                       

The data below are from a study conducted by a consumer research group on the fuel efficiency (rated based on city miles per gallon) of the 30 top-selling U.S. automobiles.

23 20 16 13 34 27

24 10 16 12 34 26

14 31 15 12 16 36

18 22 15 19 28 38

10 16 14 23 19 44

1. Enter the data into a spreadsheet. Be sure to clearly label and neatly format your spreadsheet.

2. Calculate the sum of these data two different ways: a. By writing your own formula. Clearly label the result. b. By using the SUM spreadsheet function. Clearly label the result

. 3. Use the COUNT function to calculate the N of this sample data set. Clearly label the result.

4. Calculate the arithmetic average (mean) of these data by writing your own formula. Clearly label.

5. Create a new column of data in which you subtract the mean fuel efficiency from each individual fuel efficiency score (i.e., MPG – mean). Be sure to use the proper relative and absolute references (indicated with $ signs) to perform these calculations.

6. Now compute the sum, N, and mean of your new (MPG – mean) scores.

7. Create one more new column of data in which you square each of the (MPG – mean) scores. 8. Finally, compute the sum, N, and mean of your new (MPG – mean)^2 scores

1. Conduct a descriptive data analysis that includes the following:
   1. a measure of central tendency
   2. a measure of dispersion
   3. at least one graph
2. Briefly interpret the descriptive data analysis.
3. Conduct the appropriate statistical test that will answer your hypothesis. It must be a statistical test covered in this course such as regression analysis, single t-test, independent t-test, cross-tabulations, Chi-square, or One-Way ANOVA. Explain your justification for using the test based on the type of data and the level of measurement.
4. Report and interpret your findings. Use APA style and include a statement about whether you reject or fail to reject the null hypothesis.

Diana Mark is the president of ServicePro, Inc., a company that provides temporary employees for not-for-profit companies. ServicePro has been operating for five years; its revenues are increasing with each passing year. You have been hired to help Diana in analyzing the following transactions for the first two weeks of April:

Required:

For each of the transactions, prepare journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

• 1

  Record the purchase and receipt of office supplies for $1,400 on account.

• 2

  Record the entry for billing the local United Way office $6,600 for temporary services provided.

• 3

  Record the payment of $430 for supplies purchased and recorded on account last period.

• 4

  Record the entry for placing an advertisement in the local paper for $1,300 cash.

• 5

  Record the purchase of new equipment for the office costing $4,100 cash.

• 6

  Record the payment of employee wages of $3,000 incurred in April.

• 7

  Record the receipt of $2,800 on account from the local United Way office billed on April 5.

• 8

  Record the entry for purchase of land as the site of a future office for $19,000. The land value was appraised as $29,000. Paid $2,700 down and signed a long-term note payable for the balance.

• 9

  Record the issuance of 2,700 additional shares of common stock for $50 per share in anticipation of building a new office.

• 10

  Record the entry for billing Family & Children’s Services $3,800 for services rendered this month.

• 11

  Record the receipt of the April utilities bill for $1,200 to be paid next month.

Note: Enter debits before credits.

Quantitative easing (QE) differs from the normal use of open market operations in that it

- Targets short term interest rates

- Targets long term interest rates

- Involves the buying of securities

- Involves the selling of securities

Alan Greenspan, who preceded Janet Yellen and Ben Bernanke as Fed chairperson, was a proponent of

- Discretionary intervention

- A rules-based approach to monetary policy

- Inflation targeting

- Fiscal policy

In the United States and in virtually every other country, the printing of money is

- Strictly a government monopoly

- Open to the free market so that different monies can compete for acceptance with one another

- Limited by the supplies of gold and silver the central bank holds in reserve.

- A privilege that is allowed only to banks that are members of the Federal Reserve System

The Federal Reserve is

- One single bank

- A system of 12 banks located all around the country

- A system of 12 banks all located in Washington D.C.

- A system of banks that includes all private banks

Inflation targeting is a policy in which the Fed

-          Announces an inflation target and then runs monetary policy to hit that target

-          Tries to reduce inflation by setting a low federal funds rate target

-          Tries to reduce inflation by setting a high federal funds rate target

-          Uses open market operations as a method of discretionary intervention

The government and a private business are alike in terms of ________ but different in terms of ________.

- the economic pressure they feel to be efficient; the economic impact of their spending

- the economic impact of their spending; the economic pressure they feel to be efficient

- the economic pressure they feel to be efficient; the nature of their relationships with their customerTop of Form

- the nature of their relationships with their customers; the economic pressure they feel to be efficientBottom of Form

As of 2015, the federal budget deficit was about ________ of GDP, and ________ of the deficit came from interest payments on federal debt.

-2.5 percent; almost all

- 50 percent; almost all

- 2.5 percent; about half

- 50 percent; almost none

A result of budget deficits is that governments have to borrow more, sometimes resulting in

-          Increasing the rate of inflation

-          Decreasing interest rates

-          Increased Foreign borrowing

-          Increasing interest rates

You are a small business owner considering two alternatives for your phone system.

The discount rate is 8%. Which alternative would you pick?

Plan A or Plan B

"The characteristics of two stocks traded in the economy are as follows: Stock A, expected return=13%, standard deviation=60%; Stock B, expected return=8%, standard deviation=40%. Correlation between A and B is -1. If the market risk premium is 4%, what is the expected return for a portfolio with a beta of 1.5 in a CAPM universe?"

"The characteristics of two stocks traded in the economy are as follows: Stock A, expected return=13%, standard deviation=60%; Stock B, expected return=8%, standard deviation=40%. Correlation between A and B is -1. If the market risk premium is 4%, what is the expected return for a portfolio with a beta of 3 in a CAPM universe?"

15%

18%

22%

None of the above

0000   00 1d d9 2e 4f 61 00 1d 6b 99 98 68 08 00 45 00

0010   04 f2 84 2a 00 00 37 06 db 63 4a 7d 13 13 c0 a8

0020   01 40 00 50 88 c3 db 92 7a 59 b0 ac 59 1b 80 18

0030   01 89 1d 40 00 00 01 01 08 0a 3a f1 a8 50 2a 7b

0040   63 c5 48 54 54 50 2f 31 2e 31 20 33 30 32 20 4d

0050   6f 76 65 64 20 54 65 6d 70 6f 72 61 72 69 6c 79

0060   0d 0a 43 61 63 68 65 2d 43 6f 6e 74 72 6f 6c 3a

0070   20 6e 6f 2d 63 61 63 68 65 2c 20 6e 6f 2d 73 74

0080   6f 72 65 2c 20 6d 61 78 2d 61 67 65 3d 30 2c 20

0090   6d 75 73 74 2d 72 65 76 61 6c 69 64 61 74 65 0d

00a0   0a 50 72 61 67 6d 61 3a 20 6e 6f 2d 63 61 63 68

00b0   65 0d 0a 45 78 70 69 72 65 73 3a 20 46 72 69 2c

00c0   20 30 31 20 4a 61 6e 20 31 39 39 30 20 30 30 3a

00d0   30 30 3a 30 30 20 47 4d 54 0d 0a 53 65 74 2d 43

00e0   6f 6f 6b 69 65 3a 20 47 4d 41 49 4c 5f 41 54 3d

00f0   45 58 50 49 52 45 44 3b 20 45 78 70 69 72 65 73

0100   3d 4d 6f 6e 2c 20 32 31 2d 4a 75 6c 2d 32 30 30

0110   38 20 30 31 3a 35 31 3a 33 30 20 47 4d 54 3b 20

0120   50 61 74 68 3d 2f 6d 61 69 6c 0d 0a 53 65 74 2d

0130   43 6f 6f 6b 69 65 3a 20 67 6d 61 69 6c 63 68 61

0140   74 3d 45 58 50 49 52 45 44 3b 20 45 78 70 69 72

0150   65 73 3d 4d 6f 6e 2c 20 32 31 2d 4a 75 6c 2d 32

0160   30 30 38 20 30 31 3a 35 31 3a 33 30 20 47 4d 54

0170   3b 20 50 61 74 68 3d 2f 6d 61 69 6c 0d 0a 53 65

0180   74 2d 43 6f 6f 6b 69 65 3a 20 47 4d 41 49 4c 5f

0190   52 54 54 3d 45 58 50 49 52 45 44 3b 20 45 78 70

01a0   69 72 65 73 3d 4d 6f 6e 2c 20 32 31 2d 4a 75 6c

01b0   2d 32 30 30 38 20 30 31 3a 35 31 3a 33 30 20 47

01c0   4d 54 3b 20 50 61 74 68 3d 2f 6d 61 69 6c 0d 0a

01d0   53 65 74 2d 43 6f 6f 6b 69 65 3a 20 47 56 3d 45

01e0   58 50 49 52 45 44 3b 44 6f 6d 61 69 6e 3d 6d 61

01f0   69 6c 2e 67 6f 6f 67 6c 65 2e 63 6f 6d 3b 50 61

0200   74 68 3d 2f 3b 45 78 70 69 72 65 73 3d 4d 6f 6e

0210   2c 20 30 31 2d 4a 61 6e 2d 31 39 39 30 20 30 30

0220   3a 30 30 3a 30 30 20 47 4d 54 0d 0a 53 65 74 2d

0230   43 6f 6f 6b 69 65 3a 20 47 56 3d 45 58 50 49 52

0240   45 44 3b 44 6f 6d 61 69 6e 3d 6d 61 69 6c 2e 67

0250   6f 6f 67 6c 65 2e 63 6f 6d 3b 50 61 74 68 3d 2f

0260   6d 61 69 6c 3b 45 78 70 69 72 65 73 3d 4d 6f 6e

0270   2c 20 30 31 2d 4a 61 6e 2d 31 39 39 30 20 30 30

0280   3a 30 30 3a 30 30 20 47 4d 54 0d 0a 53 65 74 2d

0290   43 6f 6f 6b 69 65 3a 20 47 58 3d 45 58 50 49 52

02a0   45 44 3b 20 45 78 70 69 72 65 73 3d 4d 6f 6e 2c

02b0   20 32 31 2d 4a 75 6c 2d 32 30 30 38 20 30 31 3a

02c0   35 31 3a 33 30 20 47 4d 54 3b 20 50 61 74 68 3d

02d0   2f 6d 61 69 6c 0d 0a 53 65 74 2d 43 6f 6f 6b 69

02e0   65 3a 20 47 58 3d 45 58 50 49 52 45 44 3b 20 44

02f0   6f 6d 61 69 6e 3d 2e 6d 61 69 6c 2e 67 6f 6f 67

0300   6c 65 2e 63 6f 6d 3b 20 45 78 70 69 72 65 73 3d

0310   4d 6f 6e 2c 20 32 31 2d 4a 75 6c 2d 32 30 30 38

0320   20 30 31 3a 35 31 3a 33 30 20 47 4d 54 3b 20 50

0330   61 74 68 3d 2f 6d 61 69 6c 0d 0a 4c 6f 63 61 74

0340   69 6f 6e 3a 20 68 74 74 70 73 3a 2f 2f 77 77 77

0350   2e 67 6f 6f 67 6c 65 2e 63 6f 6d 2f 61 63 63 6f

0360   75 6e 74 73 2f 4c 6f 67 6f 75 74 3f 73 65 72 76

0370   69 63 65 3d 6d 61 69 6c 26 63 6f 6e 74 69 6e 75

0380   65 3d 68 74 74 70 73 25 33 41 25 32 46 25 32 46

0390   77 77 77 2e 67 6f 6f 67 6c 65 2e 63 6f 6d 25 32

03a0   46 61 63 63 6f 75 6e 74 73 25 32 46 53 65 72 76

03b0   69 63 65 4c 6f 67 69 6e 25 33 46 73 65 72 76 69

03c0   63 65 25 33 44 6d 61 69 6c 25 32 36 70 61 73 73

03d0   69 76 65 25 33 44 74 72 75 65 25 32 36 72 6d 25

03e0   33 44 66 61 6c 73 65 25 32 36 63 6f 6e 74 69 6e

03f0   75 65 25 33 44 68 74 74 70 25 32 35 33 41 25 32

0400   35 32 46 25 32 35 32 46 6d 61 69 6c 2e 67 6f 6f

0410   67 6c 65 2e 63 6f 6d 25 32 35 32 46 6d 61 69 6c

0420   25 32 35 32 46 25 32 35 33 46 75 69 25 32 35 33

0430   44 68 74 6d 6c 25 32 35 32 36 7a 79 25 32 35 33

0440   44 6c 25 32 36 62 73 76 25 33 44 31 6b 39 36 69

0450   67 66 34 38 30 36 63 79 25 32 36 6c 74 6d 70 6c

0460   25 33 44 64 65 66 61 75 6c 74 25 32 36 6c 74 6d

0470   70 6c 63 61 63 68 65 25 33 44 32 25 32 36 68 6c

0480   25 33 44 65 6e 26 68 6c 3d 65 6e 0d 0a 43 6f 6e

0490   74 65 6e 74 2d 54 79 70 65 3a 20 74 65 78 74 2f

04a0   68 74 6d 6c 3b 20 63 68 61 72 73 65 74 3d 55 54

04b0   46 2d 38 0d 0a 43 6f 6e 74 65 6e 74 2d 4c 65 6e

04c0   67 74 68 3a 20 30 0d 0a 44 61 74 65 3a 20 54 75

04d0   65 2c 20 32 32 20 4a 75 6c 20 32 30 30 38 20 30

04e0   31 3a 35 31 3a 33 30 20 47 4d 54 0d 0a 53 65 72

04f0   76 65 72 3a 20 47 46 45 2f 31 2e 33 0d 0a 0d 0a

0500   3e 7b 28 22

1. Carve out the application layer data
2. The application is HTTP, what is the status code returned by the HTTP header?
3. When does the first cookie mentioned in the HTTP header expire?
4. What is the source MAC address
5. What is the destination MAC address

If a sports team is maximizing their wins, is that the same as maximizing their profits? Explain at least three ways that teams seek to maximize their profits.

b. Using at least 2 teams from the following list, explain how teams can become wealthy even if they do not win all the time.

The World Cup and NBA free agency have dominated the sports headlines this month. Soccer and basketball are global sports with incredible growth prospects, thanks to their international reach. More than three billion people tune in to watch the World Cup every four years. Nike uses NBA stars like LeBron James and Kevin Durant to pitch the wares of the sports giant around the globe.

But despite the global popularity of basketball and soccer, American football is still king on the financial ledger. The NFL lands 29 teams among the 50 most valuable sports teams in the world (only the Bills, Bengals and Lions missed the cut from the NFL). Football ranks well ahead of basketball (8 teams), soccer (7 teams) and baseball (6 teams).

The NFL is still the dominant sport in the world's biggest economy. Thirty-seven percent of Americans picked football as their favorite sport to watch in the latest Gallup Poll. Football is down from it's peak of 43% a dozen years ago, but it still crushes basketball (11%), baseball (9%) and soccer (7%).

TV networks pay billions to satisfy viewers wanting NFL action. NFL teams evenly divvied up $8.2 billion, or $255 million per team, last season from shared league revenue, with TV rights deals from CBS, NBC, Fox, ESPN and DirecTV the bulk of the money. Factor in a salary cap that restricts player costs to 50% of league revenue and NFL owners are minting money with average profits of $101 million per team in the sense of earnings before interest, taxes, deprecation and amortization.

Below is a breakdown of the world's 50 most valuable sports franchises. Click here for more on the top teams.

Rank, Team, Value, 1-Year change (Sport)

1. Dallas Cowboys, $4.8 billion, 14% (NFL)

2. Manchester United, $4.123 billion, 12% (Soccer)

3. Real Madrid, $4.09 billion, 14% (Soccer)

4. Barcelona, $4.064 billion, 12% (Soccer)

5. New York Yankees, $4 billion, 8% (MLB)

6. New England Patriots, $3.7 billion, 9% (NFL)

7. New York Knicks, $3.6 billion, 9% (NBA)

8. Los Angeles Lakers, $3.3 billion, 10% (NBA)

8. New York Giants, $3.3 billion, 6% (NFL)

10. Golden State Warriors, $3.1 billion, 19% (NBA)

10. Washington Redskins, $3.1 billion, 5% (NFL)

12. Bayern Munich, $3.063 billion, 13% (Soccer)

13. San Francisco 49ers, $3.05 billion, 2% (NFL)

14. Los Angeles Dodgers, $3 billion, 9% (MLB)

14. Los Angeles Rams, $3 billion, 3% (NFL)

16. Chicago Cubs, $2.9 billion, 8% (MLB)

17. San Francisco Giants, $2.85 billion, 8% (MLB)

17. Chicago Bears, $2.85 billion, 6% (NFL)

19. Boston Red Sox, $2.8 billion, 4% (MLB)

19. Houston Texans, $2.8 billion, 8% (NFL)

21. New York Jets, $2.75 billion, 0% (NFL)

22. Philadelphia Eagles, $2.65 billion, 6% (NFL)

23. Chicago Bulls, $2.6 billion, 4% (NBA)

23. Denver Broncos, $2.6 billion, 8% (NFL)

25. Miami Dolphins, $2.575 billion, 8% (NFL)

26. Green Bay Packers, $2.55 billion, 9% (NFL)

27. Boston Celtics, $2.5 billion, 14% (NBA)

27. Baltimore Ravens, $2.5 billion, 9% (NFL)

29. Atlanta Falcons, $2.475 billion, 16% (NFL)

30. Manchester City, $2.474 billion, 19% (Soccer)

31. Pittsburgh Steelers, $2.45 billion, 9% (NFL)

32. Seattle Seahawks, $2.425 billion, 9% (NFL)

33. Minnesota Vikings, $2.4 billion, 9% (NFL)

34. Oakland Raiders, $2.38 billion, 13% (NFL)

35. Indianapolis Colts, $2.375 billion, 9% (NFL)

36. Brooklyn Nets, $2.3 billion, 28% (NBA)

36. Carolina Panthers, $2.3 billion, 11% (NFL)

38. Los Angeles Chargers, $2.275 billion, 9% (NFL)

39. Arsenal, $2.238 billion, 16% (Soccer)

40. Houston Rockets, $2.2 billion, 33% (NBA)

41. Los Angeles Clippers, $2.15 billion, 7% (NBA)

41. Arizona Cardinals, $2.15 billion, 6% (NFL)

43. New York Mets, $2.1 billion, 5% (MLB)

43. Kansas City Chiefs, $2.1 billion, 12% (NFL)

45. Jacksonville Jaguars, $2.075 billion, 6% (NFL)

46. Chelsea, $2.062 billion, 12% (Soccer)

47. Tennessee Titans, $2.05 billion, 2% (NFL)

48. New Orleans Saints, $2 billion, 14% (NFL)

49. Tampa Bay Buccaneers, $1.975 billion, 10% (NFL)

50. Cleveland Browns, $1.95 billion, 5% (NFL)