A cinema knows near a university knows that there are two types of consumers: regular people and students. Ordinary people have an aggregate demand curveof? = 10−p/3 while students have an aggregate demand curve of? = 10–2p/3. The marginal cost of the cinema is zero.
a) Suppose students can be separated from other people by their student id, and the cinema charges each group of consumers a different price. What prices would the cinema charge?
b) Suppose the cinema cannot price discriminate. What would be the market price and quantity sold to each group of customers?
c) How much does the cinema gain from price discrimination?
Please show the process to the solution
In: Economics
Suppose that the WTAMU post-office wants to develop a new system that will give its user more on-line experience. The post office plans to serve WTAMU students identifying through their ID, or with help from the university information. The new system will facilitate as like the IT service center, a student/faculty/staff will be allowed to create tokens to send/receive their mails, and the post office workers will collect the mail from the service location.
You have been put in charge of designing the project. Develop a plan for estimating the project. Create a work-plan listing the tasks that will need to be completed to meet the project’s objectives. Create a Gantt chart or a network diagram to graphically show the high-level tasks of the project.
In: Computer Science
Ocean currents are important in the studies of climate change as well as ecology studies of dispersal of plankton. Drift bottles are used to study ocean currents in the Pacific near Hawaii, the Solomon Islands, new guinea, and other islands. X represent the number of days to recovery of a drift bottle after release and why represent the distance from point of release to point of recovery in km/100. The following data are taken from the reference by professor E.A. Kay, University of Hawaii.
x days 74 79 34 97 208
y km/100 14.6 19.5 5.3 11.6 35.7
Test slope in regression use significance level of 0.05
Find a confidence interval
In: Math
Sun packaging is a profit-making manufacturing company established during 1998. The company is not fulfilling their responsibility towards their stakeholders. They do not provide fair wages to the employees and the company did not disclose all the financial information to their stakeholders about the company.
i. Who are classified as stakeholders?
ii. Discuss how each stakeholder will be affected?
iii. Which principles or concepts of accounting is affected if they do not disclose the information?
In: Accounting
Financial Analysis Project
Company: Capri Holdings
Provide a description of your selected business
- In what primary industry are the firms?
- What do the companies do?
- What are their major products and/or services?
- Who are their customers?
- How does the company differentiate from its competition?
Locate your selected company’s mission statement and summarize and comment on its provisions.
Identify the various classes of stock, both authorized, issued and outstanding. Does the company repurchase their own stock, and if so, what goal are they attempting to achieve?
Review the Independent Auditors Report.
- What type of opinion was given: unqualified (standard), modified, qualified,
adverse or disclaimer?
- If the opinion is modified or qualified, why?
- Name of the CPA firm issuing the report? Is the firm one of the "Big 4"?
Analyze the management’s discussion and analysis section and summarize the forward-looking information in this section.
- Briefly summarize the financial events (sales, expense, etc.) mentioned.
- Is management optimistic or pessimistic about the future of the company?
Explain.
- What future goals are mentioned for the company?
- Has the company and/or the industry as a whole, been impacted by the recent
economics? How so?
- Are there any current events impacting the company and/or industry?
Thank you
In: Accounting
1.) In the library on a university campus, there is a sign in the elevator that indicates a limit of 16 persons. In addition, there is a weight limit of 2,500 pounds. Assume that the average weight of students, faculty, and staff on campus is 155 pounds, that the standard deviation is 27 pounds, and that the distribution of weights of individuals on campus is approximately normal. Suppose a random sample of 16 persons from the campus will be selected.
a. What is the standard deviation of the sampling distribution of x bar?
b. What mean weights (in pounds) for a sample of 16 people will result in the total weight exceeding the weight limit of 2,500 pounds? The mean weight of 16 persons needs to be greater than _____lbs to exceed the weight limit of the elevator.
c. What is the probability that a random sample of 16 people will exceed the weight limit? (Use a table or technology. Round your answer to four decimal places.)
2. In a survey of 485 potential jurors, one study found that 340 were regular watchers of at least one crime-scene forensics television series. Assuming that it is reasonable to regard this sample of 485 potential jurors as representative of potential jurors in the United States, use the given information to construct a 95% confidence interval for the true proportion of potential jurors who regularly watch at least one crime-scene investigation series. (Use Table 3 in Appendix A. Give the answer to three decimal places.) ( ______, ________) please in this form.
3. In a survey of 1000 randomly selected adults in the United States, participants were asked what their most favorite and what their least favorite subject was when they were in school (Associated Press, August 17, 2005). In what might seem like a contradiction, math was chosen more often than any other subject in both categories! Math was chosen by 224 of the 1000 as the favorite subject, and it was also chosen by 366 of the 1000 as the least favorite subject.
(_____, .2498)
4. Many consumers pay careful attention to stated nutritional contents on packaged foods when making purchases. It is therefore important that the information on packages be accurate. A random sample of n = 12 frozen dinners of a certain type was selected from production during a particular period, and the calorie content of each one was determined. (This determination entails destroying the product, so a census would certainly not be desirable!) Here are the resulting observations, along with a boxplot and normal probability plot
the values are
| 255 | 244 | 239 | 242 | 265 | 245 | 259 | 248 |
| 225 | 226 | 251 | 233 |
a. Carry out a formal test of the hypotheses suggested in part (b). (Use Table 4 in Appendix A. Use α = 0.05. Round your test statistic to two decimal places and your P-value to three decimal places.)
t= ___
df= 11
P= ___
please answer all parts, i appreciate it.
In: Statistics and Probability
1. The University of Florida is interested in determining if there is a difference in the proportion of male students that work versus female students, so they send out a survey with a question that asks, "Do you currently, or have you, worked a job while taking classes at UF?" Out of 874 males (group 2) that responded, 396 said yes, and out of the 902 females (group 1) that responded, 489 said yes.
(Males - Females)
Find the point estimate of the difference in the population proportion of females that work at UF versus males.
Group of answer choices
a. Unknown
b. -0.026
c. -0.089
d. -0.048
e. -0.098
2. Match the following scenarios with the correct test.
Test options are 1 of the 3 following:
Group of answer choices
(a.) A sales manager wants to know if the total count of commissions received by the company's sales team depends on sales methods (Memorized, Formula, Need-Satisfaction, and Problem-Solution) and business quarter (Q1, Q2, Q3, or Q4). The sales manager wants to know if these two factors are independent of each other.
- Chi Square Test of Independence
- Chi Square Homogeneity Test
- Chi Square Goodness of Fit
(b.) A sales manager wants to estimate the number of commissions received throughout the year (quarter by quarter). He has historic predictions in the form of percents, and then he collects the actual counts of the each quarter.
- Chi Square Test of Independence
- Chi Square Homogeneity Test
- Chi Square Goodness of Fit
(c.) A sales manager wants to know the general satisfaction of Long-Term and Short-Term clients regarding their experience with the companies sales representatives. The results to the survey were either "Satisfied", "Somewhat Satisfied", and "Unsatisfied".
- Chi Square Test of Independence
- Chi Square Homogeneity Test
- Chi Square Goodness of Fit
In: Statistics and Probability
In the library on a university campus, there is a sign in the elevator that indicates a limit of 16 persons. Furthermore, there is a weight limit of 2500 lb. Assume that the average weight of students, faculty, and staff on campus is 154 lb, that the standard deviation is 27 lb, and that the distribution of weights of individuals on campus is approximately normal. If a random sample of 16 persons from the campus is to be taken:
What is the expected value of the sample mean of their
weights?
μx = lb
(b) What is the standard deviation of the sampling distribution of
the sample mean weight? (Round your answer to two decimal
places.)
σx = lb
(c) What average weights for a sample of 16 people will result
in the total weight exceeding the weight limit of 2500 lb? (Round
your answer to two decimal places.)
x > lb
(d) What is the chance that a random sample of 16 persons on the
elevator will exceed the weight limit? (Round your answer to four
decimal places.)
P =
In: Statistics and Probability
This is for a hotel that would be located in the University of the Virgin Islands
Section VI: Marketing Strategies
Unit-level goals and strategies
A. Marketing: At least five items need to be identified as part of the Marketing Strategy
1. Target market: should identify the primary customers of the business. This should include demographics including age ranges, socioeconomic status, customer locations.
2. Product mix strategy: this should consist of a description of the services offered at Lovango Key Resort. Current and Future. If you are not sure, research product mix.
3. Pricing strategy Pricing strategy should follow the product strategy. Thus, your work must state if the prices are higher, lower, or match the competition. You must defend your strategy as to why you have chosen this strategy. Be articulate.
4. Promotion and selling strategy: The promotion strategy is one key part of the overall marketing strategy. What promotional strategy will be developed? What is the recommended budget for advertising and other promotional activities. State what the promotional activities are planned. State what media you may plan for. How much does this cost per event? (hint, you must research costs. BE SURE TO CITE YOUR WORK and RESEARCH). It may be good to create a 1 year promotional plan to insert as part of this section of the strategic plan.
5. Service Strategy: Service strategy should be strait forward and outline the day-to-day service policies. This section should focus on the degree of service.
In: Operations Management
2. For each of the following variables, indicate if it is quantitative or categorical and also indicate the scale of measurement used for each:
The Gender of an individual
The Weight(pounds) of a package
The Income(dollars) of an individual
The Distance(miles) between two cities
In: Statistics and Probability