Questions
This Excel file DI Basketball Graduation Rates shows the graduation rates for the men's and women's...

This Excel file DI Basketball Graduation Rates shows the graduation rates for the men's and women's basketball teams that participated in recent NCAA division I men's and women's basketball tournaments. There are data for 67 men's teams and 63 women's teams since Princeton had teams in both tournaments but does not report graduation rates. Use the data to calculate a 90% confidence interval for ?M - ?F, the difference in the mean graduation rates for all division I men's and women's basketball teams. Do not waste time entering this data into a graphing calculator! Use Excel or Statcrunch! Use 2 decimal places in your answers. lower bound of confidence interval upper bound of confidence interval Select the choice below that correctly interprets the confidence interval. Since the interval is entirely negative, it appears that their is no significant difference between the DI women's basketball mean graduation rate and the DI men's basketball mean graduation rate. Since the interval contains zero we can conclude that both graduation rates are too low. Since the interval is entirely positive it appears that both men's and women's mean basketball graduation rates are higher than the graduation rate for the general student body. Since the interval is entirely negative, it appears that the DI men's basketball mean graduation rate is higher than the DI women's basketball mean graduation rate. Since the interval is entirely negative, it appears that the DI women's basketball mean graduation rate is higher than the DI men's basketball mean graduation rate.

NCAA Basketball Tournament Graduation Success Rate (GSR) of Participating* Men's and Women's Teams
* 67 men's teams and 63 women's teams since Princeton does not report graduation rates
School Men/Women Graduation Rate
Akron men 38
Alabama State men 63
Arizona men 20
Arkansas-Little Rock men 92
Belmont men 100
Boston men 90
Bucknell men 91
Butler men 83
BYU men 100
Cincinnati men 53
Clemson men 71
Connecticut men 31
Duke men 83
Florida men 44
Florida State men 73
George Mason men 67
Georgetown men 78
Georgia men 36
Gonzaga men 73
Hampton men 67
Illinois men 100
Inidiana State men 67
Kansas men 80
Kansas State men 40
Kentucky men 44
Long Island men 78
Louisville men 50
Marquette men 91
Memphis men 58
Michigan men 36
Michigan State men 50
Missouri men 44
Morehead State men 43
North Carolina men 88
Northern Colorado men 77
Notre Dame men 100
Oakland men 75
Ohio State men 64
Old Dominion men 63
Penn State men 86
Pittsburgh men 64
Purdue men 67
Richmond men 83
San Diego State men 58
St. John's men 70
St. Peter's College men 70
Syracuse men 54
Temple men 33
Tennessee men 40
Texas men 42
Texas A&M men 64
UAB men 25
UC Santa Barbara men 77
UCLA men 70
UNC Asheville men 50
UNLV men 67
USC men 42
UT San Anotonio men 50
Utah State men 100
Vanderbilt men 93
VCU men 56
Villanova men 100
Washington men 44
West Virginia men 71
Wisconsin men 70
Wofford men 100
Xavier men 92
Arizona State women 92
Baylor women 88
Bowling Green women 100
California State, Fresno women 80
California, Davis women 86
Connecticut women 92
Dayton women 100
DePau women 92
Duke women 100
Florida State women 77
Gardner-Webb women 100
Georgetown women 91
Georgia women 77
Georgia Tech women 77
Gonzaga women 94
Green Bay women 92
Hampton women 50
Houston women 78
Iowa women 100
Iowa State women 100
James Madison women 71
Kansas State women 92
Kentucky women 91
Louisiana Tech women 56
Louisville women 93
Marist women 100
Marquette women 92
Maryland women 67
McNeese State women 81
Miami women 100
Michigan State women 77
Middle Tennessee women 85
Montana women 83
Navy women 94
North Carolina women 100
Northern Iowa women 10
Notre Dame women 100
Ohio State women 100
Oklahoma women 92
Penn State women 100
Prairie View A&M women 57
Purdue women 71
Rutgers women 90
Samford University women 100
South Dakota State women 100
St. Francis (PA) women 100
St. John's women 100
Stanford women 100
Stetson women 67
Temple women 71
Tennessee women 100
Tennessee, Martin women 86
Texas women 79
Texas women 65
Texas Tech women 100
UALR women 89
UCF women 94
UCLA women 93
University of Hartford women 100
University of Utah women 83
Vanderbilt women 100
West Virginia women 70
Xavier women 100

In: Statistics and Probability

Periodic Inventory by Three Methods; Cost of Merchandise Sold The units of an item available for sale during the year were as follows


Periodic Inventory by Three Methods; Cost of Merchandise Sold

The units of an item available for sale during the year were as follows:

Jan. 1Inventory50 units @ $110
Mar. 10Purchase60 units @ $122
Aug. 30Purchase20 units @ $130
Dec. 12Purchase70 units @ $134

There are 80 units of the item in the physical inventory at December 31. The periodic inventory system is used.

Determine the inventory cost and the cost of merchandise sold by three methods. Round interim calculations to one decimal and final answers to the nearest whole dollar.



Cost of Merchandise Inventory and Cost of Merchandise Sold
Inventory MethodMerchandise InventoryMerchandise Sold
First-in, first-out (FIFO)$$
Last-in, first-out (LIFO)

Weighted average cost


Note that this exercise uses the periodic inventory system. FIFO means that the first units purchased are assumed to be the first to be sold. Therefore, ending inventory costs for the period are calculated by taking the number of items remaining in the physical inventory times the most recent purchase price. If the number of items in last purchase layer is less than the number in ending inventory, the balance of the ending inventory items must be recorded at the second most recent purchase cost. The cost of merchandise sold for the period can be calculated by subtracting the ending inventory from the total cost of goods available for sale.


Note that this exercise uses the periodic inventory system. LIFO means the last units purchased are assumed to be the first to be sold. Therefore the ending inventory for the period is made up of the earliest costs from the period (the beginning inventory). If the number of units in the ending inventory is greater than the units in the beginning inventory, the excess units will be recorded at the next oldest cost associated with the first purchase. The cost of merchandise sold for the period can be calculated by subtracting the ending inventory from the total cost of goods available for sale.


Note that this exercise uses the periodic inventory system. Average unit cost means the average unit cost of all available units purchased is applied to the number of units sold and those in ending inventory. Therefore, you must first obtain a unit cost by dividing the total cost of all units available for sale by the number of units available for sale. Then multiply the number of items remaining in the physical inventory times this unit cost. The cost of merchandise sold for the period can be calculated by subtracting the ending inventory from the total cost of goods available for sale.


In: Accounting

XYZ stock price and dividend history are as follows:   Year Beginning-of-Year Price Dividend Paid at Year-End...

XYZ stock price and dividend history are as follows:
  Year Beginning-of-Year Price Dividend Paid at Year-End
  2010 $ 124                 $ 4                    
  2011 $ 135                 $ 4                    
  2012 $ 115                 $ 4                    
  2013 $ 120                 $ 4                    

An investor buys six shares of XYZ at the beginning of 2010, buys another two shares at the beginning of 2011, sells one share at the beginning of 2012, and sells all seven remaining shares at the beginning of 2013.

What is the arithmetic average time-weighted rates of return for the investor? (Do not round intermediate

calculations. Enter your answer as a decimal number rounded to four decimal places)

Arithmetic average time-weighted rates of return?

In: Finance

XYZ stock price and dividend history are as follows:   Year Beginning-of-Year Price Dividend Paid at Year-End...

XYZ stock price and dividend history are as follows:
  Year Beginning-of-Year Price Dividend Paid at Year-End
  2010 $ 124                 $ 4                    
  2011 $ 135                 $ 4                    
  2012 $ 115                 $ 4                    
  2013 $ 120                 $ 4           

An investor buys six shares of XYZ at the beginning of 2010, buys another two shares at the beginning of 2011, sells one share at the beginning of 2012, and sells all seven remaining shares at the beginning of 2013.

What are the geometric average time-weighted rates of return for the investor?

In: Finance

XYZ stock price and dividend history are as follows:   Year Beginning-of-Year Price Dividend Paid at Year-End...

XYZ stock price and dividend history are as follows:
  Year Beginning-of-Year Price Dividend Paid at Year-End
  2010 $ 124                 $ 4                    
  2011 $ 135                 $ 4                    
  2012 $ 115                 $ 4                    
  2013 $ 120                 $ 4                    

An investor buys six shares of XYZ at the beginning of 2010, buys another two shares at the beginning of 2011, sells one share at the beginning of 2012, and sells all seven remaining shares at the beginning of 2013.

To compute dollar-weighted return, prepare a chart of cash flows for the four dates corresponding to the turns of the year for January 1, 2010, to January 1, 2013. (Enter your answer as an integer. Negative amounts should be indicated by a minus sign.)
Date      Cash Flow (for the investor)
1/1/2013 ?

In: Finance

Black-Scholes-Merton model: Using a spot price of $96 and strike price of $98, a risk-free rate...

Black-Scholes-Merton model:

Using a spot price of $96 and strike price of $98, a risk-free rate of return of 6% and the fact that the volatility of the share price is 18%, answer following questions:

  1. What is the price of an eight-month European call? [1 mark]
  2. What is the price of an eight-month American call? [1 mark]
  3. What is the price of an eight-month European put? [1 mark]
  4. How would your result from k. change if a dividend of $1 is expected in three months? How would your result from k. change if a dividend of $1 is expected in ten months? [2 marks]

Note for calculations with the BSM model: Keep four decimal points for d1 and d2. Use the Table for N(x) with interpolation in calculating N(d1) and N(d2).

In: Finance

Please list and discuss in detail the six forces that determine whether a Demand curve is price elastic, or price inelastic.

Please list and discuss in detail the six forces that determine whether a Demand curve is price elastic, or price inelastic. What does it mean for a Demand curve to be price elastic, exactly? What happens when the sellers raise the price of a product by ten percent on a demand curve that is price elastic?
 

In: Economics

A single price monopoly charges: Question 1 options: every customer the exact same price. single people...

A single price monopoly charges:

Question 1 options:

every customer the exact same price.

single people less than married people.

a different price to each and every customer.

Which of the following is true about monopoly?

Question 2 options:

there are many firms in the market.

there are no close substitutes for the monopolists' good/service.

there is free entry/exit in the short and long-run.

there are no barriers to entry, in the long-run.

What does a single price monopoly have to do to increase its quantity sold?

Question 3 options:

lower its price.

keep its price exactly the same.

raise its price.

A monopolist can sell 10 units at $4 per unit, or 11 units at $3 per unit. The marginal revenue of the 11th unit is:

Question 4 options:

$7

$4

-$7

$3

In: Economics

u(x1, x2) = min {x1/2, x2/3} if the price of good 1 is $7/unit, the price...

u(x1, x2) = min {x1/2, x2/3}

if the price of good 1 is $7/unit, the price of good 2 is $4/unit and income is 114..

What is this person's optimal consumption level for good 2?

In: Economics

When the price is $2, the quantity demanded is 10. When the price rises to $8, the quantity demanded falls to 2.

When the price is $2, the quantity demanded is 10. When the price rises to $8, the quantity demanded falls to 2. What is the value of the elasticity of demand? Is it elastic or inelastic?

In: Economics