An experiment was conducted to verify the effect of training at the managerial level in decision making. Two factors were considered in experiment A: training level of the individual (if he has training or does not have training) and B: the type of situation for which the individual had to make the decision (normal or emergency situation).
Sixteen supervisors were selected and 8 were chosen randomly to receive management training. After receiving the training, 4 trained supervisors were selected and 4 of them were not trained to act in a normal situation. In the same way, the other group of 8 supervisors was taken to act in an emergency situation. The decision made by each individual was monitored by the researcher and evaluated on a scale from 0 to 100. The results are presented in the following table:
|
Situation (B) |
Training Level (A) |
Total |
|
|
Training |
No Training |
||
|
Normal |
85 91 80 78 |
53 49 38 45 |
|
|
Sub-Total |
334 |
185 |
519 |
|
Emergency |
76 67 82 71 |
40 52 46 39 |
|
|
Sub-Total |
296 |
177 |
473 |
|
Total |
630 |
362 |
992 |
Will there be significant evidence to conclude that the factors are significant? Test α = 0.05 Perform and present your calculations by hand (not Excel, not Minitab, etc.).
In: Statistics and Probability
ETHICAL LEADERSHIP & WHISTLEBLOWING
GVV distinguishes between organizational values and individual values. Organizational values link to the mission of an organization and guide relationships with stakeholders. They set the tone for those in the organization and serve as standards of ethical behavior. While organizational values should be highly visible within the organization, individual values are internal to the very being of an individual. When organizational values and actions differ from what one truly believes in, then a way should be found to voice one’s values with the intent of changing hearts and minds.
Ethical Leadership Competence refers to the ability to handle all kinds of moral problems that may arise in an organization. It means to develop the problem-solving and decision-making skills to make difficult decisions. Leaders might try to deal with a moral problem in an automatic way, essentially using their authority for the basis of decision making. However, this System 1 approach is fraught with danger because the interests of all stakeholders may not be adequately considered; subtle moral issues may go unnoticed; and expediency is emphasized instead of thought and deliberation.
Answer the following discussion question:
Evaluate the moral intensity of the issues faced by Diem-Thi Le in her whistleblowing experience at DCAA?
In: Accounting
QUESTION 3
Use the information below to answer questions 3 through 5.
The Cashman mortgage company originated a pool containing 25 five-year fixed interest rate mortgages with an average balance of $100,000 each. All mortgages in the pool carry a coupon of 10%. (For simplicity, assume that all mortgage payments are made annually at 10% interest.) Assuming a constant annual prepayment rate of 10% (for simplicity, assume that prepayments are based on the pool balance at the end of the preceding year and begin at the end of year 1).
Assume that one year has passed since the mortgage pool created, what will be the pool factor ? (Choose the nearest value)
| a. |
0.74 |
|
| b. |
0.84 |
|
| c. |
0.94 |
|
| d. |
0.64 |
QUESTION 4
What is total principal and interest payment for year 2? (Choose the nearest value)
| a. |
$909,494 |
|
| b. |
$580,626 |
|
| c. |
$764,677 |
|
| d. |
$659,494 |
QUESTION 5
If the Cashman mortgage company decides to securitize the mortgages by issuing 1000 pass-through securities (MPTs). The servicing and guarantee fee will be 0.5% (based on pool balance at the end of the previous year). The current market rate of return is 8.5%. If each individual investor could only purchase one MPT, then what is the rate of return to these individual investors?
| a. |
10% |
|
| b. |
9.5% |
|
| c. |
10.5% |
|
| d. |
8.5% |
I need the correct answers. Thank you in advance.
In: Finance
John deposits $5000 into a bank for 5 years.
(a) If he chooses simple interest at 6% annually. How much he will have when the term ends?How much interest he has earned?
(b) If he chooses compounded interest at 5% annually. How much he will have when the term ends? How much interest he has earned?
In: Finance
1 Give an example of a hidden capital gain.
2 List the reasonns why mutual funds redeem shares
3 Is a negative Sharpe ratio good or bad? EXPLAIN
4 If a mutual fund earned 12 % when the market earned only 9 % does this prove the manager outperform the market?
5 if diversification is desired, would you seek investments with high correlation?
In: Finance
A beverage company has introduced three new juice blends: carrot-canteloupe, kiwi-kale, and raspberry-rhubarb. They conducted a study where 210 volunteers tried all three blends and reported which ones they liked.
The number of volunteers who liked the carrot-canteloupe blend was 19.
The number of volunteers who liked the kiwi-kale blend was 18.
The number of volunteers who liked the raspberry-rhubarb blend was 21.
The number who liked both carrot-canteloupe and kiwi-kale was 14.
The number who liked both raspberry-rhubarb and kiwi-kale was 8.
The number who liked both carrot-canteloupe and raspberry-rhubarb was 10.
The number who liked all three blends was 6.
1. How many of the volunteers liked NONE of the three blends they tested?
2. How many liked just ONE of the blends?
3. How many liked kiwi-kale but not raspberry rhubarb?
In: Math
assume the Canadian dollar spot rate is 1.18c$/us$, the swiss spot rate is 1.29CHF/us$ and the market cross rate is 1.11 chf/c$ a. calculate the implied cross-rate of CHF/c$ b calculate the triangular arbitrage profit, assume you have us$1000 to work with
In: Finance
Sixty-four students in an introductory college economics class
were asked how many credits they had earned in college, and how
certain they were about their choice of major. At α = .01,
is the degree of certainty independent of credits earned?
| Credits Earned | Very Uncertain |
Somewhat Certain |
Very Certain |
Row Total | ||||||||||||
| 0 – 9 | 11 | 6 | 5 | 22 | ||||||||||||
| 10 – 59 | 10 | 5 | 6 | 21 | ||||||||||||
| 60 or more | 1 | 8 | 12 | 21 | ||||||||||||
| Col Total | 22 | 19 | 23 | 64 | ||||||||||||
(a) At α = .01, the hypothesis for the
given issue is H0: Credits Earned and
Certainty of Major are independent.
Yes
No
(b) Calculate the chi-square test statistic,
degrees of freedom, and the p-value.
(Round your test statistic value to 2 decimal places and
the p-value to 4 decimal places.)
| Test statistic | ||
| d.f. | ||
| p-value | ||
(c) Find the critical value of the chi-square for
α = .01. (Round your answer to 2 decimal
places.)
Critical value
(d) We can reject the null hypotheses and find
independence.
No
Yes
In: Statistics and Probability
Suppose that the demand function is D(p) = 600 - 3p and the supply function is S(p) = 300 + 3p.
1. Derive the equilibrium price and quantity.
2. What is the change in consumer's surplus after an increase in the price of 50 dollars?
3. Now suppose South Korea is exporting phone to United States and the demand function for Korean phones in the United States is the same as above (in thousands of phones), where p is the price of Korean phones in hundreds of dollars. If the supply curve is horizontally fixed at 60 dollars, find the equilibrium number of Korean phones sold in the United States and what is the price of Korean phones in total?
4. Now, suppose that the United States imposes an import tax on Korean phones which is 20 dollars for every Korean phone, due to huge pressure from American phone manufacturers. Find the amount of Phones will be sold in the US now. At what price they will be sold? Draw supply and demand curves for both before and after tax scenarios
5. How much revenue will the U.S government collect by this tariff?
6. Suppose that instead of US tax on the Korean phones, the Korean government decides to impose an export restriction on their phone exports. They agree to sell only 360 Korean phones in US. If the Koreans know the American demand curve, they will sell their phones at what price in US?
7. If the Korean government is selling export licenses for each Korean phone to each Korean manufacturer and there are 360 export licenses, how much will a Korean firm be willing to pay the Korean government for an export license?
8. Why might the Korean government choose the choice in part “7” to the US taxation scenario?
In: Economics
Suppose studies suggest that 52% of pets are overweight with 26% considered obese. Consider a vet who sees 49 random pets in the course of a day.
Step 1 of 3:
Describe the sampling distribution of the sample proportion of pets who are overweight if we use the pets that are seen in a single day as a random sample. Be sure to include all rationales.
Step 2 of 3:
Describe the sampling distribution of the sample proportion of pets who are overweight if we use the pets that are seen in a 5 day week as a random sample. Be sure to include all rationales.
Step 3 of 3:
Which of the following would accurately describe the sampling
distribution of sample proportions for obese pets using a 5 day
week as a random sample? Select the best answer.
μp = 52 and σp ≈ 0.028
μp = .26 and σp ≈ 0.028
CLT applies because our scenario is binomial such that n ≤ .05N and
np(1-p) ≥ 10, therefore our sampling distribution is approximately
normal.
σp ≈ 0.028
p = .26
μp = 52
μp = .26 and σp ≈ 0.028 and CLT applies
because our scenario is binomial such that n ≤ .05N and np(1-p) ≥
10, therefore our sampling distribution is approximately
normal.
μp = .26 and σp ≈ 0.028 and CLT tells us it's
not normal.
μp = .26
In: Statistics and Probability