Professor Mumford mumford@purdue.edu Econ 360 - Fall 2012 Problem Set 1 Answers True/False (30 points) 1. FALSE If (ai ‚ bi ) : i = 1‚ 2‚ . . . ‚ n and (xi ‚ yi ) : i = 1‚ 2‚ · · · ‚ n are sets of n pairs of numbers‚ then: n n n (ai xi + bi yi ) = i=1 i=1 ai x i + i=1 bi yi 2. FALSE If xi : i = 1‚ 2‚ . . . ‚ n is a set of n numbers‚ then: n n n n n (xi − x) = ¯ i=1 n i=1 2 x2 i − 2¯ x i=1 xi + i=1 x = ¯ i=1 2 x2 − n¯2 x i where x = ¯ 1 n i=1 xi 3. TRUE If xi : i = 1‚ 2‚ . .
Premium Standard deviation Variance Random variable
Marketing analysis: Located in downtown Cologne Haefren Baum is a high end retailer‚ which recently expanded its operations by opening three retail outlet stores in nearby Rhineland suburban areas. The company carries Wiegandt’s high-end furniture whose furniture is heavily advertised and carries a much recognized name. Due to the economic conditions and new competitors entering the market Haefren Baum had to decrease its prices in order to maintain sales volume. The new competition and economic
Premium Financial ratios Revenue Balance sheet
Inhalt Introduction ................................................................................................................................................................................ 3 Expert Introduction ................................................................................................................................................................. 3 Konrad Beikircher ..................................................................................................
Premium Carnival
Peach From Wikipedia‚ the free encyclopedia This article is about the tree and its fruit. For other uses‚ see Peach (disambiguation) and Peachtree (disambiguation). Peach Prunus persica Autumn Red Peaches‚ cross section Scientific classification Kingdom: Plantae (unranked): Angiosperms (unranked): Eudicots (unranked): Rosids Order: Rosales Family: Rosaceae Genus: Prunus Subgenus: Amygdalus Species: P. persica Binomial name Prunus persica (L.) Stokes[1] The peach‚ Prunus persica
Premium
All income (also called revenue) is recorded as a credit. All expenses and debt are recorded as debits. Asset accounts: Cash‚ bank‚ accounts receivable‚ inventory‚ land‚ buildings/plant‚ machinery‚ furniture‚ equipment‚ vehicles‚ trademarks and patents‚ goodwill‚ prepaid expenses‚ debtors (people who owe us money)‚ etc. Liability accounts: Accounts payable‚ salaries and wages payable‚ income taxes‚ bank overdrafts‚ trust accounts‚ accrued expenses‚ sales taxes‚ advance payments (unearned
Premium Generally Accepted Accounting Principles Accounts receivable Balance sheet
Axe Cologne By: Emily Kaminski‚ Tyler Melville‚ David Lee Miller‚ Lazar Radicevic‚ Jaclyn Schwarz‚ Matthew Tesch‚ Kyle Trelka Table of Contents Introduction 3 History 3 Objectives 4 Product 4 Price 5 Promotion 6 Placement 7 Target Audience 8 Budget 8 SWOT 9 Competition 9 Marketing Issues 10 References 11 Introduction Our marketing team has taken on the challenge
Premium Advertising Brand Brand extension
the plant in the beginning of the book. The first problem that the plant is facing is an overbearing division vice president named Peach. As the narrator of the book‚ Al‚ arrives at work he finds the Peach has already been there for an hour. According to Peach‚ he was on the phone with a very angry customer because the product 41427 is seven weeks late. Moreover‚ Peach has taken it upon himself to order the plant to stop what they are working on to finish and complete the shipment before the end
Premium Marketing Management Customer service
Cherry Blossom Festival The National Cherry Blossom Festival is an annual two weekends event. It locates at San Francisco Japantown Post Street between Laguna and Fillmore Street. I went to the cherry blossom festival on April 17th with my family there was so fun. It feature live bands‚ food booths‚ parade‚ traditional Japanese music ‚ martial arts‚ dance‚ karate and other cultural performances. The sponsors are Consulate General of Japan in San Francisco and Northern California Cherry Blossom
Premium United States California Hawaii
of living. My beloved husband is between life and death. What will I do now? How can I find for those cherry blossoms that would cure his mysterious sickness? This is not the right time for me to quit. I need to be strong and to be brave enough. Tomorrow‚ I will start my journey. With my improvised hot air balloon‚ destiny will take me to Japan. I’ll be able to find there the cherry blossom that would bring back the vitality of my life- my husband. But for now‚ I need to sleep- I need to rest. I
Premium Hot air balloon Cherry blossom Cherry
Background of the Company Rickitt Benckiser PLC is a multinational company which produces Helth‚ Hygiene & Home Products. The company for its product Cherry blossom was formed in 1900 in collaboration with Rickitt & Colman PLC & Benckiser NV. The Company was able to run operations in 60 Countries with sales in 180 Countries. It was the unique category leader for the market during the beginning of Shoe care products with no Competition until 1990. The company has been producing house hold & personal
Premium Marketing