Assuming IQ scores are normally distributed in the population with a mean of 100 and a standard deviation of 16, what percentages of IQ scores are less than 120, between 110 and 130, and what IQ will place you in the top 8% of the population?
In: Math
Python
#Remember that Fibonacci's sequence is a sequence of
numbers
#where every number is the sum of the previous two numbers.
#
#Joynernacci numbers are similar to Fibonacci numbers, but
#with two differences:
#
# - Fibonacci numbers are famous, Joynernacci numbers are
# not (yet).
# - In Joynernacci numbers, even-indexed numbers are the
# sum of the previous two numbers, while odd-indexed
# numbers are the absolute value of the difference
# between the previous two numbers.
#
#For example: the Joynernacci sequence starts with 1 and 1
#as the numbers at index 1 and 2. 3 is an odd index, so
#the third number would be 0 (1 - 1 = 0). 4 is an even
#index, so the fourth number would be 1 (0 + 1). 5 is an
#odd index, so the fifth number would be 1 (1 - 0). And
#so on.
#
#The first several Joynernacci numbers (and their indices)
#are thus:
#
# 1 1 0 1 1 2 1 3 2 5 3 8 5 13 8 21 13 34 21
# 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19
#
#Write a function called joynernacci that returns the nth
#Joynernacci number. For example:
#
# joynernacci(5) -> 1
# joynernacci(12) -> 8
#
#We recommend implementing joynernacci recursively, but it
#is not required.
#Write your code here!
#Below are some lines of code that will test your function.
#You can change the value of the variable(s) to test your
#function with different inputs.
#
#If your function works correctly, this will originally
#print: 1, then 8
print(joynernacci(5))
print(joynernacci(12))
In: Computer Science
The Bank of England (BoE) on Monday presented the scenario for its second annual stress tests,which it said expanded on last year's excerise to include more of a focus on global risks.The BoE said it was modelling a milder stress scenario for the UK economy than last time.Its assumed peak-to-trough decline in the global economy was only a third of the fall that happened in the 2008 crisis.
The number of banks being tested is slightly lower as the Co-operative Bank,the only failure in last year's test,has been excluded because it is in the process of shrinking under a drastic restructuring plan.
However, the BoE is expected to announce an expansion of the exercise to include more institutions this summer.Officials are considering including the UK operations of foreign banks in the exercise as well as large insurers and asset managers.
For the first time the stress test includes an assessment of how banks' leverage ratios - measuring equity to total assets - emerge from a crisis as well as their capital ratios, which measure equity to risk-adjusted assets.
The five-year stress scenarios, including a slowdown in China's real economic growth from 7 Percent to 1,7 percent and a one-third fall in chinese and Hongkong house prices,is likely to put most strain onHSBC and Standard Chartered,which are UK-based but earn most of their profits in Asia.
The six banks and one building society - including Barclays,LLyods Banking Group,Royal Bank of Scotland,Santander UK and Nationwide-will be tested against two key minimum 'thresolds' in the stress scenario: a 4,5 per cent common equity tier one capital ratio and 3 per cent leverage ratio.
Banks have been told that they could be required to raise more capital even if they remain above the thresolds for capital and leverage but fall short on qualitative aspects of the test , such as the strength of reporting and controls.
In this year's test the UK economy declines by as much as 2,3 per cent while residential property prices drop by a fifth, there is a prolonged period of deflation and interest ratesfall to zero for almost two years.
a) What risk wuld you put into a banking stress test ?
b) Why are these risk scenarios extreme but possible ?
In: Finance
6.10. Consider a European call option on a non-dividend-paying stock where the stock price is $40, the strike price is $40, the risk-free rate is 4% per annum, the volatility is 30% per annum, and the time to maturity is six months. a. Calculate , , and for a two step tree b. Value the option using a two step tree.
In: Finance
WD Imagine Inc. has three locations in Canada: Vancouver, Toronto and Montreal. The company develops and maintains web-designs for medium size companies. Management of Vancouver office is concerned about the cost of handling web-related matters.
WD Imagine Vancouver Office has provided the following data for the year 2019:
Junior web-designers salaries $ 280,000
Senior web-designers salaries $ 320,000
Office manager salary $ 120,000
WD accountant believes that apart from salaries all other expenses are fixed costs and cannot be meaningfully assigned to individual job.
The employees of WD-Vancouver Office have prepared the following table that shows how their time was distributed last year across the two activities
|
Employee group |
Developing complex web-design jobs |
Routine web-design maintenance jobs |
Other |
Total |
|
Junior web-designers Wages |
50% |
40% |
10% |
100% |
|
Senior web-designers wages |
40% |
30% |
30% |
100% |
|
Office manager salary |
5% |
20% |
75% |
100% |
Jobs at Vancouver office during 2019 were as follows:
|
Activity |
Total Activity at Burnaby branch |
|
Developing complex web-design |
100 Jobs |
|
Routine web-design maintenance |
800 jobs |
The costs relating to these activities for Toronto office are listed below:
|
Activity |
Cost per Activity for Toronto Bank |
|
Developing complex web-design |
$ 3,000 per job |
|
Routine web-design maintenance jobs |
$ 200 per job |
Required:
a. Compute Vancouver office activity rates for developing complex wed-design AND Routine web-design jobs.
b. Compare the Vancouver results to that of Toronto Office. Suggest two possible reason for the discrepancies noted in each activity rate: complex wed-design AND Routine web-design jobs. (ie 4 in total).
Note that Vancouver is a big city so Burnaby is a small city within Vancouver.
In: Accounting
The number of pizzas consumed per month by university students is normally distributed with a mean of 6 and a standard deviation of 4.
A. What proportion of students consume more than 7 pizzas per month?
Probability =
B. What is the probability that in a random sample of size 8, a total of more than 40 pizzas are consumed? (Hint: What is the mean number of pizzas consumed by the sample of 8 students?)
Probability =
In: Statistics and Probability
discrete math
most important is c) and e) and f) statements with nested quantifiers: variables ...
please with a clear and concise explanation on how to do each steps. So not just the answer but the explanation as well because I'm totally lost on how to do this at all.
Question: Discrete Math Most important is c) and e) and f) Statements with nested quantifiers: variables wi...
Discrete Math
Most important is c) and e) and f)
Statements with nested quantifiers: variables with different domains.
The domain for the first input variable to predicate T is a set of students at a university. The domain for the second input variable to predicate T is the set of Math classes offered at that university. The predicate T(x, y) indicates that student x has taken class y. Sam is a student at the university and Math 101 is one of the courses offered at the university. Give a logical expression for each sentence.
(b)
Every student has taken at least one math class.
(c)
Every student has taken at least one class other than Math 101.
(d)
There is a student who has taken every math class other than Math 101.
(e)
Everyone other than Sam has taken at least two different math classes.
(f)
Sam has taken exactly two math classes.
In: Advanced Math
Case Study Report
The last 40 years in Australia has seen a blurring of the three categories (between tax planning, tax avoidance and tax evasion), in particular, the distinction between [what constitutes] tax avoidance and tax evasion” (Xynas, 2011). Alongside economic globalization, the recent decades have witnessed the rise of transfer pricing that facilitates the free movement of capital and tax avoidance (Hampton & Sikka, 2005; Sikka, 2017). In conventional accounting literature, transfer pricing is portrayed as a technique for optimal allocation of costs and revenues… Such representations… simultaneously acknowledge and occlude how it is deeply implicated in processes of wealth retentiveness that enable companies to avoid taxes and facilitate the light of capital” (Sikka & Willmot, 2010, p.342).
REQUIRED: (1) Discuss the overlaps and distinctions among tax planning, tax avoidance, and tax evasion, with particular reference (but not limited) to Xynas (2011). (500 words excluding bibliography).
(2) Explain and evaluate the concept of transfer pricing and how it relates to the above quotes. You should address the issues including (but not limited to) the social, political, financial and ethical implications on business and broader society (1500 words excluding bibliography). Students are required to reference at least ten (10) academic journal articles.
Suggested readings: Hampton, M.P. & Sikka, P. (2005), ‘Tax avoidance and global development’, Accounting Forum, vol.41, no.4, pp.245-248.
Sikka, P. & Willmott, H. (2010), ‘The dark side of transfer pricing: Its role in tax avoidance and wealth retentiveness’, Critical Perspectives on Accounting, vol.21, no.4, pp.342-356.
Sikka, P. (2017), ‘Accounting and taxation: Conjoined twins or separate siblings?’, Accounting Forum, vol.41, pp.390-405.
In: Accounting
In: Statistics and Probability
The last 40 years have witnessed several merger waves and the size of total merger and acquisition transactions total more than $1 trillion. Yet, the biding firm fails to benefit from the takeover activities. Using the context of managerial interest for engaging in merger activities explain why takeover fails to create value for bidding firm.
In: Finance