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Round all answers to 3 decimal places and assume α=0.05 unless otherwise noted.
1. The most common therapy for warts is cryotherapy, in which liquid nitrogen is applied to the area of the wart every few weeks, freezing it for a few seconds until the wart falls off. A cheaper alternative therapy is to put duct tape on the wart for a week until the wart goes away. In a randomized trial, patients with warts were randomly assigned to a cryotherapy treatment or a duct tape treatment with the following results:
Cured Not Cured for Duct tape are 12 14, and Liquid nitrogen are 21 6
a. Supposing you want to compare the success of each treatment, sketch the appropriate graph for this analysis.
b. Carry out the appropriate test to determine if there is a difference in effectiveness between the two different treatments. Include all steps for full credit.
c. Quantify the difference in success rates with the appropriate measure and interpret it in the context of the problem.
Define each of the following loan terms, and explain how they are related to one another: the prime rate, the rate on commercial paper, the simple interest rate on a bank loan calling for interest to be paid monthly, and the rate on an installment lo..
1. Why strategic asset allocation decision is critical for superannuation funds like State Trust Corporati+on?
the genius of the chartered joint stock company was that it locked in financial capital that was the key resource
You are currently investing your money in a bank account that has a nominal annual rate of 7 percent, compounded annually. How many years will it take for you to double your money?
Discussion Question- 100 words to explain computing interest rates (finance). 100 Words to explain using present value and future value. 100 words to explain the use of time lines in business finance.
1.what is meant by foreign exchange risk? what specific problems does foreign exchange present in an organization? how
What is the economy's current stage in the business cycle?
The probability of an engine's failing during a 30-day acceptance test is 0.3 under adverse environmental conditions. Eight engines are included in such a test. What is the probability of (i) none will fail and (ii) more than half will fail.
You are employed by a CPA firm that has an international client, Global Manufacturing, with home offices in a country in the European Union.
The Mann Corporation belongs to a risk class for which the appropriate discount rate is 10%. Mann currently has 100,000 outstanding shares selling at $100 each.
Computation of ratios for given financial data using Return on Assets and Return on Equity
What is the relationship in terms of the slope of the SML? Why is this important? Discuss the effect of the advice received on your long term asset allocation.
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