In: Economics
Explain how you, as the Branch Manager of your bank will respond
to the following issues/happening in your branch.
(a) You received a medical report on the mental incapacity of one
of your cherished customers. Two days later his son came to see you
to allow him to withdraw some money to settle the medical bills of
his father.
(b) You received a letter from a court appointing one of the sons
of your cherished customers who is mentally incapacitated as the
receiver of his father’s account. Three days later, a letter
including the obituary of the insane customer was brought to you.
Today, a cheque was presented bearing the signature of the
receiver.
(c) Mr. Mensah, one of your cherished customers came to your bank
to open an account for his son who is
currently abroad.
(d) Mr Abasah suspected his daughter of going out with an alleged
fraudster. He claims his daughter has been receiving financial
support from her “fraudster boyfriend” which he usually channels
through her account with your bank. In order to establish the
validity of his claims he came to your bank and requested for a
bank statement of his daughter’s account.
(e) Mr Nimako sent a stop order notice to his bankers on a cheque
he drew for a customer after he noticed the goods were defected.
Your bank received the letter at 9.45am today. At 11.05am the
cheque in question was presented for payment.
NB: Support every answer with a case
In: Finance
Spicewood Stables Inc. was established in Austin, Texas, on April 1, 2019. The company provides stables, care for animals and grounds for riding and showing horses. The following transactions are provided for your review:
In: Accounting
Consider the following story:
Diversifun, Inc., an insurance company, recently decided to offer boat insurance. Diversifun was concerned that the most likely boat insurance customers would be the least competent, highest-risk boat captains, because they stand to benefit most from boat insurance coverage. Since Diversifun cannot distinguish perfectly between high-risk and low-risk skippers, it decided to set its boat-insurance premiums a bit higher to account for the foolhardy sea captains.
The economic problem in this story is known as:
A) Adverse selection
B) Signaling
C) Moral hazard
D) Screening
In: Economics
The owner of a barbershop has two barber chairs and one employee. The owner will cut a customer’s hair only if her employee is already busy cutting someone else’s hair. Service times are exponentially distributed with mean 1 hour, and the time between arrivals is exponentially distributed with mean 1.5 hours. When the barbershop is full(i.e., two customers are getting haircuts), people must wait outside in line.
a)What percentage of the time is the owner cutting hair?
b)If the owner wants to spend at most 10% of her time working, what is the maximum arrival rate that can be tolerated?
In: Statistics and Probability
A pizza delivery driver, always trying to increase tips, runs an experiment on his next 90 deliveries. He flips a coin to decide whether or not to call a customer from his mobile phone when he is five minutes away, hoping this slight bump in customer service will lead to a slight bump in tips. After 90 deliveries, he will compare the average tip percentage between the customers he called and those he did not.
g) Is the experiment blind? Can it be double-blind? Explain.
h) Name some confounding variables that might influence the experiment's results.
In: Statistics and Probability
1. Myron apparently thought that high profits guaranteed adequate cash to pay any bills as they came due. Explain to Myron the difference between Net Income and Cash Flow. In particular, explain how even a profitable, highly efficient firm can experience cash crunches and have a need for outside capital
2. In an attempt to encourage dealers to pay sooner, Myron offered terms of 2/10 net 90. Do you find it surprising that only 10% of his customers took advantage of the discount and paid within 10 days? Defend your answer.
In: Finance
As the network administrator for a growing ISP, you want to make efficient use of your network addresses. One of the networks addresses IANA assigned to you is a Class C network of 192.168.88.0. You have decided to use the addresses in this Class C network to satisfy the IP address requirements of 18 corporate customers who need between 20 and 24 addresses each. calculate a subnet mask that meets their needs. List the subnet mask and the first four subnetwork addresses the mask will create. [5 marks]
please answer fast in 30 minutes and the subject is data commniucations and network.
In: Computer Science
The theater of the city of Mayaguez has a popular concert in schedule and has decided to sells tickets by phone. For that, it needs to decide how many operators to hire for the sale. On one hand, it doesn't want the customers to wait too long, but on the other hand the operators are expensive. The data the manager has collected from previous concerts is as follows.
Operators Wait Time
4 385
5 335
6 383
7 344
8 288
Specifically, we want to find whether there is a significant linear correlation between the variables.
In this case, if management wants a lower waiting time, it would to need to have:
In: Statistics and Probability
Suppose that customers arrive at a bank at a rate of 10 per hour. Assume that the number of customer arrivals X follows a Poisson distribution.
A. Find the probability of more than 25 people arriving within the next two hours using the Poisson mass function.
B. Find the probability of more than 25 people arriving within the next two hours using the normal approximation to the Poisson.
C. Compute the percent relative difference between the exact probability computed in part 1 and the normal approximation computed in part 2, i.e., 100 × (Approx−Exact)/Exact %. Comment on the adequacy of the approximation.
In: Statistics and Probability