Suppose the lifetime of a certain type of component is a random variable having an exponential distribution with mean lifetime 5 years. (a) What is the probability that a selected component of this type will last more than 4 years? (b) What is the probability
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EC 481/581‚ Winter 2011 Prof. Anca Cristea NAME: __________________________ ID #: __________________________ Midterm Exam There are 10 multiple-‐choice questions worth 2 points each; 5 short answer questions worth 4
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CHAPTER 6 Interest Rate Futures Practice Questions Problem 6.1. A U.S. Treasury bond pays a 7% coupon on January 7 and July 7. How much interest accrues per $100 of principal to the bond holder between July 7‚ 2011 and August 9‚ 2011? How would your answer be different if it were a corporate bond? There are 33 calendar days between July 7‚ 2011 and August 9‚ 2011. There are 184 calendar days between July 7‚ 2011 and January 7‚ 2011. The interest earned per $100 of principal is therefore . For
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075 0.025 Jan Call 4.950 2.775 1.175 0.375 0.125 Apr Call 5.150 3.150 1.650 0.725 0.275 Oct Put 0.025 0.125 0.875 2.950 5.450 Jan Put 0.150 0.475 1.375 3.100 5.450 Apr Put 0.275 0.725 1.700 3.300 5.450 3. Suppose that in the situation of the table below about the spot and forward quotes for USD/GBP exchange rate‚ a corporate treasurer said: “I will have £1 million to sell in 6 months. If the exchange rate is less than 2.02‚ I want you to give me 2.02. If
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customers expect from a given market offering. Total customer cost is the bundle of costs customers expect to incur in evaluating‚ obtaining ‚ using‚ and disposing of the given marketing offering. Customer perceived value An example will help here. Suppose the buyer for a large construction company wants to buy a tractor from Caterpillar or Komatsu. The competing salespeople carefully describe their respective offers. The buyer wants to use the tractor in residential construction work. He would like
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651 A. Are these direct (American) or indirect (European) ? Direct B. Suppose an American exporter has just received a payment of € 100‚000‚ how many dollars will result upon conversion? €100‚000*1.20=$120‚000 C. Suppose an American restaurant budgets $10‚000 to restock its wine cellar with French wine. How many euros does it have to spend. $10‚000/1.20=€8‚33.33 D. Suppose a Canadian investor wants to purchase $100‚000 worth of U.S. Treasury bonds. What is the
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BES Tutorial Sample Solutions‚ S1/13 WEEK 9 TUTORIAL EXERCISES (To be discussed in the week starting May 6) 1. Perform the following hypothesis tests of the population mean. In each case‚ illustrate the rejection regions on both the Z and ̅ distributions‚ and calculate the p-value (prob-value) of the test. (a) H0: μ = 50‚ H1: μ > 50‚ n = 100‚ ̅ = 55‚ σ = 10‚ α = 0.05 Rejection region: ̅ 50 1.645 . 10⁄√100 Alternatively 10 51.645 50 1.645 ̅ ̅ . √ √100 Since 55 50 5 1.645 .
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Seminar 4 - Industrial Economics Week 16: beginning November 14th 2011 Price Competition and Bertrand Model Discussion Questions 1. Suppose firm 1 and firm 2 each produce the same product and face a market demand curve described by: Q = 5000 - 200P Firm 1 has a unit cost of production c1 equal to 6 whereas firm 2 has a higher unit cost of production c2 equal to 10. a. What is the Bertrand-Nash equilibrium outcome? b. What are the profits for each firm? c. Is this outcome efficient
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Economics 200: Principles of Microeconomics Due (in class): Monday‚ Oct. 13 Professor MacDonald Your Name: _______________________________ Problem Set 1 Question 1 (2 points): Explain how each of the following events affects the equilibrium price and quantity in the associated market. Hint: in each case‚ either the supply or the demand curve shifts‚ but not both. Explain your answer in one sentence and draw a graph to accompany your answer‚ being sure to correctly label all parts of the graph
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Have Baby choose which hand to open to find object.) Handy Dandy Handy Dandy‚ Riddledy ro. Which hand will you have? High‚ or low? Moses Supposes (Traditional‚ England) Moses supposes his toeses are roses‚ (wiggle Baby’s toes one by one) But Moses supposes erroneously; For nobody’s toeses are posies of roses As Moses supposes his toeses to be. Rain is Falling Down (The Baby Record by Bob McGrath and Katharine Smithrim) Rain is falling down. (wiggle fingers high‚ then “rain”
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