6.2.38 Big Babies: The Centers for Disease Control and Prevention reports that 25% of baby boys 6-8 months old in the United States weigh more than 20 pounds. A sample of 16 babies is studied. (Use Minitab where applicable.)

a.         What is the probability that exactly 5 of them weigh more than 20 pounds?

b.         What is the probability that more than 6 weigh more than 20 pounds?

c.         What is the probability that fewer than 3 weigh more than 20 pounds?

d.         Would it be unusual if more than 8 of them weigh more than 20 pounds?

e.         What is the mean number who weigh more than 20 pounds in a sample of 16 babies aged 6-8 months?

f.          What is the standard deviation of the number who weigh more than 20 pounds in a sample of 16 babies ages 6-8 months?

The Cold Zone is a small manufacturer of refrigerated food cases for grocery stores serving a regional area in the Northeast of the United States. Presently, their product lines consists refrigerated cases for the deli department and the fresh meat departments.
They would like to add 2 new products to their company in order to grow their business and add new customers but they aren't sure what to do or where to begin.

You are a consultant who has been hired to make a recommendation on the new products and the corresponding new customers.

Your task:

• Conduct research on the grocery and refrigerated case industry to learn background on both areas and research potential areas of growth.

Make a proposal to The Cold Zone, Your proposal should include the following:

• Summary of your research about the grocery industry and potential areas of growth.
• Your 2 product recommendations and why you determined these are the best options.
• Explain how these 2 new products will help the company achieve growth.

Princess Cruise Company (PCC) purchased a ship from Mitsubishi Heavy Industry for 500 million yen payable in one year. The current spot rate is ¥124/$ and the one-year forward rate is 110¥/$. The annual interest rate is in Japan is 5% for lending and 6% for borrowing; and in the United States it is 7% for lending and 8% for borrowing. The WACC is 7%. PCC can also buy a one-year call option on yen at the strike price of $0.0081 per yen for a premium of 0.00014$/¥.

a. Compute the future dollar costs of meeting this obligation using a forward hedge.

b. Compute the future dollar costs of meeting this obligation using a money market hedge. Explain step by step using both numbers and a written explanation the money market strategy.

c. Assuming that the forward exchange rate is the best predictor of the future spot rate, compute the expected future dollar cost of meeting this obligation when the option hedge is used.

Hi, I am getting illegal start of expression on this. Any ideas where the problem may be: public static void main(String args []){ private String name; private double area; private int population; public Country(String name, double area, int population){ this.name = name; this.area = area; this.population = population; } public double getPopulationDensity() { return population / area; } public String getName() { return name; } public void setName(String name) { this.name = name; } public double getArea() { return area; } public void setArea(double area) { this.area = area; } public int getPopulation() { return population; } public void setPopulation(int population) { this.population = population; } } class CountryTest { public static void main(String[] args) { Country country = new Country("United States of America", 3797000, 327000000); System.out.println("Population density of " + country.getName() + " is " + country.getPopulationDensity() + " per square mile"); } }

High Country, Inc., produces and sells many recreational products. The company has just opened a new plant to produce a folding camp cot that will be marketed throughout the United States. The following cost and revenue data relate to May, the first month of the plant’s operation:

Management is anxious to assess the profitability of the new camp cot during the month of May.

Required:

a. Prepare an income statement for May.

b. Prepare a contribution format income statement for May.

In order to estimate the difference between the MEAN yearly incomes of marketing managers in the East and West of the United States, the following information was gathered.

1. Develop an interval estimate for the difference between the MEAN yearly incomes of the marketing managers in the East and West. Use α = 0.05. Note that the population standard deviation is unknown, but the sample standard deviation is known. You will also need to calculate the degrees of freedom as shown on page 434 so that you can calculate t...
2. You will reuse a lot of what you did in the problem above. Use the p-value approach to conduct a full hypothesis test to determine if the MEAN yearly income of marketing managers in the East is significantly different from the West. p. 435 can help. Your difference in your formula is 0.

Citrus Girl Company (CGC) purchases quality citrus produce from local growers and sells the produce via the Internet across the United States. To keep costs down, CGC maintains a warehouse, but no showroom or retail sales outlets. CGC has the following information for the second quarter of the year:

Expected monthly sales for April, May, June, and July are $210,000, $180,000, $300,000, and $80,000, respectively.

Cost of goods sold is 40 percent of expected sales.

CGC’s desired ending inventory is 50 percent of the following month’s cost of goods sold.

Monthly operating expenses are estimated to be:

Salaries: $30,000

Delivery expense: 5 percent of monthly sales

Rent expense on the warehouse: $4,000

Utilities: $800

Insurance: $300

Other expenses: $400

Required:
1. Compute the budgeted cost of purchases for each month in the second quarter.

2. Complete the budgeted income statement for each month in the second quarter.

Provide a microeconomic analysis of suppliers with explanation and analysis of forecasts  of labor, capital stock, and intermediate inputs as it relates to the agrochemical industry in the United States and Syngenta specifically.

You’ll need to identify the suppliers of intermediate goods, labor, and discuss the physical capital stock. Here you’ll want to discuss the outlook for oil prices, which influence the macroeconomic outlook, and are an important intermediate input into any good that is transported (as well as anything plastic). You will also want to discuss labor supply. Who are the firm’s employees? Are they highly educated? Does your firm hire locally or nationally? You will use data on the unemployment rate here. Here is where you can discuss the physical capital stock (machinery, buildings). This is natural place to discuss the connection between monetary policy (interest rates) and investment spending. For instance, is the expected interest rate environment conducive to additional investment in the capital stock.

Does anyone know how to do it on EXCEL?

Does anyone know how to do it on EXCEL?

Does anyone know how to do it on EXCEL?

Does anyone know how to do it on EXCEL? Anyone know how to do it on EXCEL?

The Statistical Abstract of the United States published by the U.S. Census Bureau reports that the average annual consumption of fresh fruit per person is 99.9 pounds. The standard deviation of fresh fruit consumption is about 30 pounds. Suppose a researcher took a random sample of 38 people and had them keep a record of the fresh fruit they ate for one year.

a) What is the probability that the sample average would be less than 90 pounds?

b) What is the probability that the sample average would be between 98 and 105 pounds?

c) What is the probability that the sample average would be less than 112 pounds?

d) What is the probability that the sample average would be more than 93 pounds?

QUESTION 1

1. The first commercial bank in America was the Bank of North America, chartered by the American Continental Congress.

True

False

1 points   

QUESTION 2

1. Not only did the federal government keep its funds in the First BUS but it also had a 50% ownership stake in the bank.

True

False

1 points   

QUESTION 3

1. The First Bank of the United States lost the vote in Congress to get another charter by one vote in both the House of Representative and the Senate.

True

False

1 points   

QUESTION 4

1. Fearing that it was overextended, the Second BUS redeemed its holdings of state bank notes and the money supply contracted by nearly 50% in one year, leading to America’s first depression.

True

False

1 points   

QUESTION 5

1. While the Second BUS was able to get the Congress to approve an extension of its charter, President Jackson vetoed the legislation.

True

False

1 points