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A friend has performed a significance test of the null hypothesis that two means are equal. His report states that the null hypothesis is rejected in favor of the alternative that the first mean is larger than the second. In a presentation on his work, he notes that the first sample mean was larger than the second mean and this is why he chose this particular one-sided alternative.
(a) Explain what is wrong with your friend's procedure and why
(b) Suppose he reported t = 1.70 with a P-value of 0.06. What is the correct P-value that he should report? (Round your answer to two decimal places.)
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St. Vincent's Hospital has a target capital structure of 35 percent debt and 65 percent equity. Its cost of equity estimate is 13.5 percent and its cost of tax-exempt debt estimate is 7 percent. What is the hospital's corporate cost of capital?
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1.as the money manager of boston bank you have 1000000 available for six months. you have the opportunity to lend the
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