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Lakonishok Equipment has an investment opportunity in Europe. The project costs €14 million and is expected to produce cash flows of €2.3 million in Year 1, €2.9 million in Year 2, and €3.8 million in Year 3. The current spot exchange rate is $1.38 / €; and the current risk-free rate in the United States is 3.2 percent, compared to that in Europe of 2.3 percent. The appropriate discount rate for the project is estimated to be 11 percent, the U.S. cost of capital for the company. In addition, the subsidiary can be sold at the end of three years for an estimated €9.3 million. Use the exact form of interest rate parity in calculating the expected spot rates. |
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What is the NPV of the project in U.S. dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Enter your answer in dollars, not in millions, e.g., 1,234,567.) |
In: Finance
Find the mean and standard deviation of the times and icicle lengths for the data on run 8903 in data data301.dat. Find the correlation between the two variables. Use these five numbers to find the equation of the regression line for predicting length from time. Use the same five numbers to find the equation of the regression line for predicting the time an icicle has been growing from its length. (Round your answers to three decimal places.)
| times x = | |
| times s = | |
| lengths x = | |
| lengths s = | |
| r = | |
| time = | + length |
| length = | + time |
time length 10 1.7 20 3.8 30 5.2 40 7.6 50 8.4 60 9.9 70 10.1 80 9.4 90 12.4 100 17.5 110 16.4 120 19.3 130 22.5 140 23.5 150 25.8 160 26.7 170 28.8 180 29.8
In: Statistics and Probability
The data in the table is the number of absences for 7 students and their corresponding grade. Number of Absences 2 3 3 5 5 6 6 Grade 3.8 3.6 3.2 2.5 2.1 2 1.7 Table
Step 1 of 5 : Calculate the sum of squared errors (SSE). Use the values b0=4.8669 and b1=−0.5056 for the calculations. Round your answer to three decimal places.
Step 2 of 5 : Calculate the estimated variance of errors, s2e. Round your answer to three decimal places.
Step 3 of 5 : Calculate the estimated variance of slope, s2b1. Round your answer to three decimal places.
Step 4 of 5 : Construct the 98% confidence interval for the slope. Round your answers to three decimal places.
Step 5 of 5 : Construct the 80% confidence interval for the slope. Round your answers to three decimal places.
In: Statistics and Probability
Emerald® Designer EditionTM is Sherwin Williams’ “finest interior architectural coating” (or, more commonly, paint). Drying time is stated to be temperature and humidity dependent: for recoating: 4 hours, assuming 77o F and 50% relative humidity.
A contractor records relative humidity and drying time for ten recent jobs as shown at right.
|
Relative Humidity (percent) |
Drying time |
|
53 |
4.6 |
|
73 |
4.6 |
|
63 |
5.0 |
|
56 |
5.0 |
|
50 |
3.8 |
|
74 |
5.1 |
|
73 |
5.3 |
|
54 |
4.0 |
|
57 |
4.5 |
|
73 |
4.8 |
In: Statistics and Probability
Emerald® Designer EditionTM is Sherwin Williams’ “finest interior architectural coating” (or, more commonly, paint). Drying time is stated to be temperature and humidity dependent: for recoating: 4 hours, assuming 77o F and 50% relative humidity.
A contractor records relative humidity and drying time for ten recent jobs as shown at right.
|
Relative Humidity (percent) |
Drying time |
|
53 |
4.6 |
|
73 |
4.6 |
|
63 |
5.0 |
|
56 |
5.0 |
|
50 |
3.8 |
|
74 |
5.1 |
|
73 |
5.3 |
|
54 |
4.0 |
|
57 |
4.5 |
|
73 |
4.8 |
In: Statistics and Probability
A liquid food(viscosty: 0.003 Pa S; density:1033 kg/m^3) is being pumped at a rate of 3 m^3/h from a tank A, where the absolute pressure is 12,350 Pa, to a tank B, where the absolute pressure is 101,325 Pa, through a sanitary with 3.8 cm diameter and 4.6x10^-5 m surface roughness. The pump is 1 m below the liquid level in tank A and the discharge in tank B is 3.3 m above the pump. If the length of the pipe in the suction line is 2 m, the dischargeline 10 m, and there are one 90 degree anlge flanged elbow in the suction line, two 90 degree angle thread elbowsin the discharge line, and one globe valve in the discharge line. Calculate he pump power required for finishing this job, assuming the efficeincy of the pump is 65%.
In: Other
Z table work with given standard deviation and average(mean)
1. Given μX = 750, σX = 80
a) Find the two X values that are 2.7 SD away from the mean
b) Find X1 if p(720 < X < X1) = .428
c) Find X0 if p(X0 < X < 910) = .347
d) Find p((X < 700) or (X > 900)) (sum required)
e) Find any X0 and X1 s.t. p(X0 < X < X1) = .338
f) Find the value of X that is 3.8 SD below X = 725
2. a) Find Z1 s.t. p(Z < Z1) = .675
b) Find Z1 s.t. p(-2.48 < Z < Z1) = .3831
c) Find Z1 s.t. p(Z > Z1) = .2015
d) Find Z0 s.t. p(Z0 < Z < .77) = .334
In: Statistics and Probability
In Python
8.21 Program: Convert to binary. Sections 2.7, 3.8, 5.2. Functions.
Write a program that takes in a positive integer as input, and outputs a string of 1's and 0's representing the integer in binary. For an integer x, the algorithm is:
As long as x is greater than 0 Output x % 2 (remainder is either 0 or 1) x = x // 2
Note: The above algorithm outputs the 0's and 1's in reverse order. You will need to write a second function to reverse the string.
Your program must define and call the following two functions.
The function integer_to_reverse_binary() should return a string of
1's and 0's representing the integer in binary (in reverse). The
function reverse_string() should return a string representing the
input string in reverse.
def integer_to_reverse_binary(integer_value)
def reverse_string(input_string)
Ex: If the input is:
6
the output is:
110
In: Computer Science
In: Statistics and Probability
An article in Solid State Technology, "Orthogonal design for
process optimization and its application to plasma etching" by
G.Z.Yin and D.W.
Jillie (May, 1987) describes an experiment to determine the effect
of the
C2F6 flow rate on the uniformity of the etch on a silicon wafer
used in
integrated circuit manufacturing. All of the runs were made in
random order. Data for two flow rates are as follows:
C2F6 Uniformity Observation
Flow 1
2 3
4 5 6
125 2.7 4.6 2.6 3.0 3.2 3.8
200 4.6 3.4 2.9 3.5 4.1 5.1
a) Does C2F6 flow rate affect average etch uniformity? use a=0.05
b) What is the P-value for the test in part (a)
c)Does the C2F6 affect the wafer-to-wafer variability in each uniformity? use a0.05
d) Draw box plots to assist in the interpretation of the data from this experiment
In: Statistics and Probability