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Impact of Exchange Rates on MNC Val Olmsted Co. has small computer chips assembled in Poland and transports the final assembled products to the parent, where they are sold by the parent in the United States. The assembled products are invoiced in dollars. Olmsted Co. uses Polish currency (the zloty) to produce these chips and assemble them in Poland. The Polish subsidiary pays the employees in the local currency (zloty), and Olmsted Co. finances its subsidiary operations with loans from a Polish bank (in zloty). The parent of Olmsted will send sufficient monthly payments (in dollars) to the subsidiary in order to repay the loan and other expenses incurred by the subsidiary. If the Polish zloty depreciates against the dollar over time, will that have a favorable, unfavorable, or neutral effect on the value of Olmsted Co.? Briefly explain.
an insurance company estimates 45 percent of its claims have errors. the insurance company wants to estimate with 95
A basketball player has made 66% of his foul shots during the season. Assuming the shots are independent, find the probability that in tonight's game he misses for the first time on his 6th attempt?
What is the likelihood the sample mean is greater than $22.50 but less than $25.00?
A study was conducted to estimate the mean amount spent on birthday gifts for a typical family having two children. A sample of 195 was taken, and the mean amount spent was $210.97.
a. Compute the mean and standard deviation of x. b. Compute the mean and standard deviation of y. c. Compute the mean and variance of the total amount of money collected in tolls from cars.
Calculate the upper bound for a 90% one-sided confidence interval estimate for the rate of noncompliance. Based on (a), what should the auditor conclude?
an article suggests that a poisson process can be used to represent the occurrence of structural loads over time.
identify the type 1 error and the type 2 error that correspond to the given hypothesis. the percentage of adults who
Jared bets on the number 7 for each of 100 spins of a roulette wheel. Because P(7) = 1/38 he expects to win two or three times. What is the probability that Jared will actually win two or more times?
The daily numbers of calls received by the Internal Revenue Service office in July are shown below:
Do you believe that the government should or should not be allowed to prohibit teachers from expressing their religious beliefs in public schools classrooms?
A box contains 3 blue marbles and two red marbles. If two marbles are drawn randomly and without replacement, find the probability that (a) at least one of the marbles is blue
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