Consider the Demand for Microwave Ovens dataset. What is the total demand corresponding to random numbers 78, 65, 93, 47, 65, and 57?
a. 17
b. 18
c. 19
d. 20
a. 17
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Suppose the following version of the APT is a good model of risk in the stock market. There are three factors: (1) the stock market's excess return, in percentage points; (2) the unemployment rate minus its natural rate (the level the unemployment rate would be if the economy were at full employment), in percentage points; and (3) the real federal funds rate minus its long-run equilibrium value. Suppose the natural rate of unemployment is 4.5 percent and the long-run equilibrium value of the real federal funds rate is 3.0 percent. Each of the following stocks has the beta coefficients shown in the table below:
?1i ?2i ?3i Royal Dutch Shell3 ?3 4 Merck2 6 0 Wachovia1 ?3 ?8 a.If your forecast for next year is that the risk-free interest rate next year will be 1.0 percent, the overall stock market will return 10.0 percent, the unemployment rate will be 5.0 percent, and the real federal funds rate will be 2.0 percent, what is the expected return (in percent, with two decimals) to each of the three stocks? Show your calculations. b.If your forecast for next year is that the risk-free interest rate next year will be 2.0 percent, the overall stock market will return 20.0 percent, the unemployment rate will be 4.0 percent, and the real federal funds rate will be 4.0 percent, what is the expected return (in percent, with two decimals) to each of the three stocks? Show your calculations. What will be an ideal response?
The text states that when managers are recruiting project team members, they should be wary of people who know too much about a specific technology. Why is this? Do you agree or disagree? Explain your answer.
Fill in the blank(s) with the appropriate word(s).
List the budgets that are affected by the budgeted number of units to be produced.
What will be an ideal response?
In which of the following areas are latent needs often found?
a. Safety b. Sustainability c. Personalization d. All of the above