What is a

discrete probability distribution? What

are the two conditions that determine a probability distribution?

What is a discrete probability

distribution? Choose the correct answer below.

(a.) A discrete probability distribution list each

possible value a random variable can assume.

(b.)A discrete probability distribution lists

each possible value a random variable can assume, together with its

probability.

(c.) A

discrete probability distribution exclusively lists probabilities.

(d.)None of the above.

2.

Decide

whether the random variable x is discrete or continuous. Explain you reasoning. Let x represent the temperature of a person

taken with a mercury thermometer.

Is the random variable x discrete or continuous?

Choose

the correct answer below.

(a.) Continuous, because x is a random variable

that cannot be counted.

(b.)Discrete,

because x is a random variable that can be counted.

3.

A

frequency distribution is shown below.

Complete parts (a) through (e).

The number of dogs per household in a small

town

Dogs

Households

0

1477

1

428

2

170

3

41

4

27

5

15

(a)

Use the

frequency distribution to construct a probability distribution.

X P(x)

0

___

1

___

2

___

3

___

4

___

5

___

(Round to the nearest thousandth

as needed)

4. The

expected value of an accountant’s profit and loss analysis is 0. Explain what this means.

Choose

the correct answer below.

(a.) An expected value of 0 means that there was

not any money gained or spent.

(b.)An

expected value of 0 mans that the average money gained is equal to the average

money spent, representing the break -even point.

(c.) Since

the expected value cannot be less than 0, an expected value of 0 mans that the

average money gained is equal to or less than the average money spent.

(d.)An

expected value cannot be equal to 0.

5.

In a

binomial experiment, what does it mean to say that each trial is independent of

the other trials? Choose the correct answer below.

(a.) Each trial is independent of the other trials

if the outcome of one trial affects the outcome of another trial.

(b.)Each

trial is independent of the other trials if no more than one trial occurs at a

time.

(c.) Each

trial is independent of the other trials if the outcome of one trial does not

affect the outcome of any of the other trials.

(d.)Each

trial is independent of the other trials if the sum of all the possible trial

outcomes equals 1.

6.

About 50%

of babies born with a certain ailment recover fully. A hospital is caring for seven babies born

with this aliment. The random variable represents

the number of babies that recover fully.

Decide whether the experiment is a binomial experiment. If it is, identify a success, specify the

values of n, p, and q, and list the possible values of the random variable x.

Specify the value of n, Select the

correct choice below and fill in answer boxes in your choice.

(a.) N

=___

(b.)The

answer is undefined.

7.

Find the

mean, variance and the standard of the binomial distribution with the given

values of n and p.

N=70, p=0.6

Round to the nearest tenth as needed.

8. 52%

of men consider themselves professional baseball fans. You randomly select 10

men and ask each if he considers himself a professional baseball fan. Find the probability that the number who

consider themselves baseball fans is (a)

exactly eight, (b) at least eight, and (c) less than eight. If convenient, use technology to find the

probabilities.

(a.) P(8)

= ___ Round to the nearest thousandth as

needed.

## Caledonia Products

Although your boss has been

pleased with your work, he is still a bit hesitant about unleashing you

without supervision. Your next assignment involves both the calculation

of the cash flows associated with a new investment under consideration

and the evaluation of several mutually exclusive projects. Given your

lack of tenure at Caledonia, you have been asked not only to provide a

recommendation, but also to respond to a number of questions aimed at

judging your understanding of the capital-budgeting process. The

memorandum you received outlining your assignment follows:

To: The Assistant Financial Analyst

From: Mr. V. Morrison, CEO, Caledonia Products

Re: Cash Flow Analysis and Capital Rationing

We are considering the introduction of a new product. Currently we are in the 34% tax bracket with a 15% discount

rate. This project is expected to last five years and then, because

this is somewhat of a fad project, it will be terminated. The following

information describes the new project:

Cost of new plant and equipment:

$ 7,900,000

Shipping and installation costs:

$ 100,000

Unit sales:

Year

Units Sold

1

70,000

2

120,000

3

140,000

4

80,000

5

60,000

Sales price per unit:

$300/unit in years 1–4 and $260/unit in year 5.

Variable cost per unit:

$180/unit

Annual fixed costs:

$200,000 per year

Working capital requirements: There will be an initial working

capital requirement of $100,000 just to get production started. For each

year, the total investment in net working capital will be equal to 10%

of the dollar value of sales for that year. Thus, the investment in

working capital will increase during years 1 through 3, then decrease in

year 4. Finally, all working capital is liquidated at the termination

of the project at the end of year 5.

Depreciation method: Straight-line over 5 years assuming the plant and equipment have no salvage value after 5 years.

PLEASE HELP ME ANSWER THESE 2 QUESTIONS IN YOUR OWN WORDS:

1. Why should Caledonia focus on project free cash flows as opposed to the accounting profits earned by the project when analyzing whether to undertake the project?2.

What are the incremental cash flows for the project in years 1 through 5

and how do these cash flows differ from accounting profits or earnings?

## Finance Questions

gov/edgar/searchedgar/webusers.htm) and analyze the

financial statements (for the most recent

complete year) based on the factors outlined below.

The introduction to your analysis in APA format that

contains the following information in the introduction: Company overview

Name of CEO/CFO Location of the

corporate/home office Ending date of latest fiscal year

Description of the main products/services that the company provides Main

geographic area of activity Name

of company’s independent auditors. Explain what the

auditors said about the company’s financial statements. The most recent

stock price and its dividend per share.

Include the date for this information.

## Communication DQ question

Be sure to include the following

information:

How

did the verbal and nonverbal communication cues affect the recipients’

perception of the message in each experience? Why?

In each experience, how do you think the

message could have been perceived differently if it had been delivered in an

online situation? Why?

Write a paragraph where

you describe a positive face-to-face communication experience.

In this paragraph, you explained:

How the

verbal and nonverbal communication cues affect the recipients’ perception of

the message in this experience? Why?

How do you

think the message could have been perceived differently if it had been

delivered in an online situation? Why?

Write a paragraph where

you describe a negative face-to-face communication experience.

In this paragraph, you explained:

How the

verbal and nonverbal communication cues affect the recipients’ perception of

the message in this experience? Why?

How do you

think the message could have been perceived differently if it had been

delivered in an online situation? Why?

## Political Situation

Papers should include a sound analysis, empirical evaluation of the concepts, and a wide-ranging response to the political situation that leads to predictions of the likely outcome or proposed policy solutions. All papers must include citations and references, and should be edited for grammar and organization. Can you work on this ASAP. It must be 100% plagiarism free?