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Johnson Construction Company is in the process of installing power lines to a large housing development. The company wants to minimize the total length of wire used, which would minimize the company's cost. The housing development is shown below. Each house has been numbered, and the distances between houses are given in hundreds of feet.
1. What do you recommend to Johnson Construction Company?
The Efficient Markets Hypothesis holds that markets do not react to news or announcements because by the time the information is disseminated, it has already been anticipated.
On January 1, 2005, Smith Graphics, Inc., a product-labeling and graphics firm, borrowed $300,000 cash from First BancCorp and issued a five-year, 8% promissory note. The note requires annual interest payments each December 31.
What would you predict the final exam points to be for a student with a GPA of 3.35 and an IQ of 120 and what is the relationship between a student's short-term IQ score, previous GPA, and final exam points?
In what situations might you use probability as a manager to approach business-related problems? What are the advantages to using probability concepts in business decisions?
A company pays a dividend today of $4, and this dividend is expected to grow each year by 4%. The discount rate is 10%. What is the market price of the stock?
What is the difference between liquidity and debt (leverage) ratios? What is the difference between return on assets and return on equity from the perspective of an investor? A manager?
Entrepreneur Jones has a utility index of 5 for a loss of $1,000, and 12 for a profit of $3,000. He says that he is indifferent between $10 for certain and the following lottery:
Given the following market values of stocks in your portfolio and their expected rates of return, what is the expected rate of return for your common stock portfolio?
What are some benefits of an auditor using statistical sampling? What are some examples of statistical sampling? Does anyone have any experience they are willing to share with the class on statistical sampling?
Find the probability of correctly answering the first 2 questions on a multiple choice test if random guesses are made and each question has 5 possible answers.
Using quantitative tools is one way to manage data. What kind of solutions may be derived using various statistical process controls (SPC)?
A new product learning cycle indicates companies learning from product failure or mistake they made. In business, especially technology, it is important to learn from failure and continue improving.
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