Write the word form: 75.6100
A) Seventy-five, six thousand and one hundred ten thousand
B) Seventy-five, six thousand and one hundred ten thousandths
C) Seventy-five and six thousand one hundred ten thousandths
D) Seventy-five and sixty-one tenths
C
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Suppose that Sears owes one million yen to a Japanese electronics manufacturer in three months. It could hedge against the risk of a depreciation of the dollar against the yen by contracting to purchase one million yen in the forward market, at today's forward rate, for delivery in three months.
a. True b. False
_______ is a methodical way of determining, and even forecasting, service trends.
Fill in the blank(s) with the appropriate word(s).
An automobile dealer wants to see if there is a relationship between monthly sales and the interest rate. A random sample of 4 months was taken. The results of the sample are presented below. The estimated least squares regression equation is
= 75.061 - 6.254x
Monthly Sales (y) Interest Rate (In Percent) (x) 22 9.2 20 7.6 10 10.4 45 5.3 ? a.Obtain a measure of how well the estimated regression line fits the data.b.You want to test if there is a significant relationship between the interest rate and monthly sales at the 1% level of significance. State the null and alternative hypotheses.c.At the .01 level, use a t test to test the hypotheses.d.Construct a 99% confidence interval for the average monthly sales for all months with a 10% interest rate.e.Construct a 99% confidence interval for the monthly sales of one month with a 10% interest rate. What will be an ideal response?
The decision maker—although not certain—is aware of the chances, or probabilities, of the various states of nature occurring. This statement relates to which of the following scenarios?
a. decision under certainty b. decision under uncertainty c. decision under state of nature d. decision under risk