Please type your answer, thank you.

Google became a publicly-traded company in August 2004. Initially, the stock traded over 10 million shares each day! Since the initial offering, the volume of stock traded daily has decreased substantially. In 2010, the mean daily volume in Google stock was 5.44 million shares, according to Yahoo! Finance. A random sample of 35 trading days in 2014 resulted in a sample mean of 3.28 million shares with a standard deviation of 1.68 million shares. Does the evidence suggest that the volume of Google stock has changed since 2007? Use a 0.05 level of significance.

1. State the null and alternative hypotheses.
2. What type of hypothesis test is to be used?
3. What distribution should be used and why?
4. Is this a right, left, or two-tailed test?
5. Compute the test statistic.
6. Compute the p-value.
7. Do you reject or not reject the null hypothesis? Explain why.
8. What do you conclude?

1. When Air Canada emerged from bankruptcy protection in 2004, its top management decided to replace some of its older planes with new ones. In particular, several relatively small Embraer and Bombardier planes (with fewer than 90 seats) and several large Boeing 777 and 787 (with more than 200 seats) were ordered. These are much fuel efficient than the planes they replace.

  However, Air Canada operations are still not as low as WestJet’s. An available Seat Mile costs Air Canada 16-17¢ whereas it costs WestJet 11-12¢. Recall that WestJet is non-unionized, runs only one type of plane (Boeing 737 which seats 100-150 passengers), and is financially stronger.

1. Discuss five pros and cons of Air Canada’s decision.
2. Identify five current trends in operation management and discuss how Air Canada can use them to improve their operations.

An article in Information Security Technical Report [“Malicious Software—Past, Present and Future” (2004, Vol. 9, pp. 6–18)] provided the following data on the top 10 malicious software instances for 2002. The clear leader in the number of registered incidences for the year 2002 was the Internet worm “Klez,” and it is still one of the most widespread threats. This virus was first detected on 26 October 2001, and it has held the top spot among malicious software for the longest period in the history of virology.

The 10 most widespread malicious programs for 2002

(Source: Kaspersky Labs).

Suppose that 20 malicious software instances are reported. Assume that the malicious sources can be assumed to be independent. (a) What is the probability that at least one instance is “Klez?” (b) What is the probability that three or more instances are “Klez?” (c) What are the mean and standard deviation of the number of “Klez” instances among the 20 reported?

Researchers want to know if there are significant differences in life satisfaction based on college students' overall financial status. In a Word document go thru the 5 steps for hypothesis testing and upload your answer here.

The Fashion Store sells fashion items. The store has to order these items many months in advance of the fashion season in order to get a good price on the items. Each unit costs Fashion $100. These units are sold to customers at a price of $250 per unit. Items not sold during the season can be sold to the outlet store at $80 per unit. If the store runs out of an item during the season it has to obtain the item from alternative sources and the cost including air freight to Fashion is $190 per unit. What is the initial order quantity that maximizes the profit for the Fashion Store? x f(x) 61 0.01 62 0.01 63 0.01 64 0.01 65 0.01 66 0.02 67 0.02 68 0.02 69 0.02 70 0.03 71 0.03 72 0.03 73 0.04 74 0.04 75 0.04 76 0.04 77 0.04 78 0.04 79 0.04 80 0.04 81 0.04 82 0.04 83 0.04 84 0.04 85 0.03 86 0.02 87 0.02 88 0.03 89 0.02 90 0.02 91 0.02 92 0.02 93 0.01 94 0.01 95 0.01 96 0.01 97 0.01 98 0.01 99 0.00 100 0.00 101 0.00 102 0.00 103 0.00 104 0.00

PRINCIPLES OF MARKETINGMKT100041VA016-1204-001

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This week we're going to get inside the head of a customer (meaning all of you and me and everyone else), because this is what marketers need to do to get their message heard and to drive customers to do what they want. To do this, respond to the following questions:

In marketing, the customer has to come first . . . you can’t market to a potential customer unless you understand their wants, needs, desires, state of mind, interest, incomes and so much more. Why do you think it is important for a marketer to understand how a customer makes that final purchasing decision?

Indicate which of the following factors would most influence your decision, and then explain how a marketer could use this information to better market this new car to you:

Price

Color

Style

Status  

I. Multiple Choices (10 Points):

1. Angelo is a wholesale meatball distributor. He sells his meatballs to all the finest Italian restaurants in town. Nobody can make meatballs like Angelo. As a result, his is the only business in town that sells meatballs to restaurants. Assuming that Angelo is maximizing his profit, how will meatball prices compare with marginal cost?

a. Meatball prices will be less than marginal cost.

b. Meatball prices will equal marginal cost.

c. Meatball prices will exceed marginal cost.

d. Meatball prices will be a function of supply and demand and will therefore oscillate around marginal costs.

2. When a monopolist increases the amount of output that it produces and sells, what happens to its average revenue and its marginal revenue?

a. Both its average revenue and its marginal revenue increase.

b. Its average revenue increases, and its marginal revenue decreases.

c. Its average revenue decreases, and its marginal revenue increases.

d. Both its average revenue and its marginal revenue decrease.

3. Which of the following feats is impossible for a monopolist to accomplish?

a. controlling the price of its good

b. charging a higher price and continuing to sell the same quantity

c. operating at a point on the upper half of the demand curve

d. increasing total surplus in a market compared to that in a competitive market

4. A monopoly firm can sell 200 units of output for $36.00 per unit. Alternatively, it can sell 201 units of output for $35.80 per unit. What is the marginal revenue of the 201st unit of output? a. –$35.80

b. –$4.20

c. $4.20

d. $35.80

5. A monopoly firm maximizes its profit by producing 500 units output (so Q = 500). At that level of output, its marginal revenue is $30, its average revenue is $40, and its average total cost is $34. What is the firm’s profit-maximizing price?

a. $30

b. between $30 and $34

c. between $34 and $40

d. $40

6. When a new firm enters a monopolistically competitive market, what will happen to the individual demand curves faced by all existing firms in that market?

a. They will shift to the left.

b. They will shift to the right.

c. They will remain unchanged, but the quantity of demand will increase.

d. They will remain unchanged, but the quantity of demand will decrease

7. As some incumbent firms exit a monopolistically competitive market, what happens to profits of existing firms and product diversity in the market?

a. Profits of existing firms decline and product diversity in the market decreases.

b. Profits of existing firms decline and product diversity in the market increases.

c. Profits of existing firms rise and product diversity in the market decreases.

d. Profits of existing firms rise and product diversity in the market increases.

8. When a firm operates at efficient scale, which of the following explains the characteristic of the average-total-cost-curve?

a. Its average revenue must exceed the minimum of average total cost.

b. Its average revenue must be equal to the minimum of average total cost.

c. The average-total-cost curve must be falling.

d. The average-total-cost curve must be rising.

9. When consumers are exposed to additional choices that result from the introduction of a new product, what do we know?

a. Consumers are likely to have a lower degree of satisfaction

b. A product-variety externality is said to occur.

c. An advertising externality is said to occur.

d. Consumers are likely to experience negative consumption externalities.

10. Firm A produces and sells in a market that is characterized by highly differentiated consumer goods. Firm B produces and sells industrial products. Firm C produces and sells an agricultural commodity. Which firm is likely to spend the greatest portion of its total revenue on advertising?

a. Firm A

b. Firms A and B

c. Firm B

d. Firms B and C

In each of the cases below, assume Division X has a product that can be sold either to outside customers or to Division Y of the same company for use in its production process. The managers of the divisions are evaluated based on their divisional profits.

profits.

1. Refer to the data in case A above. Assume in this case that $1 per unit in variable selling costs can be avoided on intracompany sales.

a. What is the lowest acceptable transfer price from the perspective of the selling division?

b. What is the highest acceptable transfer price from the perspective of the buying division?

c. What is the range of acceptable transfer prices (if any) between the two divisions? If the managers are free to negotiate and make decisions on their own, will a transfer probably take place?

2. Refer to the data in case B above. In this case, there will be no savings in variable selling costs on intracompany sales.

a. What is the lowest acceptable transfer price from the perspective of the selling division?

b. What is the highest acceptable transfer price from the perspective of the buying division?

c. What is the range of acceptable transfer prices (if any) between the two divisions? If the managers are free to negotiate and make decisions on their own, will a transfer probably take place?

As of June 30, 2017, in total, Cannon has purchased $75,000 of component parts. As of June 30, 2017, $25,000 of component parts remain in inventory and $50,000 have been integrated into the project. Further, Cannon has incurred $12,500 of direct costs to integrate the component parts into the Thornock Square Apartments construction project during the three months ended June 30, 2017.

B. During the three months ended September 30, 2017, Cannon purchased an additional $500,000 of component parts ($575,000 in total). Of the $575,000 of component parts, $325,000 remain in inventory and $200,000 have been integrated into the project during the three months ended September 30, 2017. During the three months ended September 30, 2017, Cannon incurred an additional $50,000 of direct costs to integrate the component parts into the Thornock Square Apartments construction project.

C. As of September 30, 2017, Cannon determined that the project was over budget and revised its cost estimate from $1 million to $1.25 million.

D. As of December 31 2017, the construction project was completed. During the three months ended December 31, 2017, Cannon purchased an additional $425,000 of generic component parts ($1 million in total). Of the $1 million component parts, $0 remain in inventory and $750,000 were integrated into the project during the three months ended December 31, 2017. Cannon has incurred $187,500 of direct costs to integrate the component parts into the Thornock Square Apartments construction project during the three months ended December 31, 2017.

If Thornock Square Apartments cancels the contract, Cannon will be entitled to reimbursement for costs incurred for work completed to date plus a margin of 20 percent, which is considered to be a reasonable margin. Cannon will not be reimbursed for any materials that have been purchased for use in the contract but have not yet been used and are still controlled by Cannon

How should the entity recognize revenue for the satisfaction of its performance obligation? What amount of revenue should be recognized for the following periods: a. The three months ended June 30, 2017? b. The three months ended September 30, 2017? c. The three months ended December 31, 2017?

Calculate the Cash Flow from Operating Activities for 2018