MGEB31H3 Study Guide - Critical Thinking

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carmineleopard865

20 Aug 2014

School

UTSC

Department

Economics for Management Studies

Course

MGEB31H3

Professor

Jovan Stefanovic

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Document Summary

4: ( 2, 3), ( 7, 7, (2, 9), ( 1, 4, (5, 9), ( 7, 7, (8, 5), ( 1, 3, ( 10, 7), ( 8, 1, ( 6, 10), ( 2, 10) L f290g1e1w jkiu1tjaw aspozfstiwcaorgex wlgl6ck. l d gazlalq 0rcizgqhftsse nr9ejsdexr4vdeudm. s a 0maardieo hwxijtahh riwnsfcizn9ibtqeu dgleaofmxegterpyr. 1. Find the distance between each pair of points. y. 4: (0, 2), ( 5, 1, (6, 4), ( 5, 1, (3, 8), (9, 10, (10, 1), (9, 4, ( 8, 10), ( 6, 7, ( 5, 6), (8, 4) Critical thinking questions: name a point that is 2 away from ( 1, 5), name a point that is between 50 and 60 units away from (7, 2) and state the distance between the two points. D c2d0q1d15 ek3uxteai 8sho6futawyakrred yl1lgcv. k i caulilu wrmidg7hitxss grvefsleurxveetd1. e q bmrahd9ea rw1i5t3hn ai1n9fuicnhizt0ev hgcego6mzegtsr5yh. q. Round your answer to the nearest tenth, if necessary. y.

Related Questions

X. Write a da Subway system in which you define a new type Subway System A Subway Systemen of a private ArrayList lines. No methasoher than the constructed the addline method should modify this array list. Your class should have the following co-static methods (25 points) • Write a c tor Subway system that takes thing asing and initializes the private property lines to be an empty mysl • Write a method adine which takes as input a MetroLine newline and acknowline to the array lest lines. The mathed should retun void • Write a method got Distance Travelled which takes as in ArrayList path and returns a double representing the tual distance travelled or a paththalpos from the first Metrostation in the anaylist, to the Metrostation to the third til the cod of the array listHe cach Metrostation along the joy the calculate the distance between the Metrostation and the prices. If the ArrayList Metrostation path is less than 2 vales, y mesh shox return On You may the wale path issul For m e, if the ArrayList Metrostation path five Metrostation you code calculate the sum of the distance between the fin d ing the second third the third and fourth, and lastly the fourth and final stations. Hint: To calculate the distance between two points, you can use a method defined in the appendix in the Maputilities class . Write a method findNearest Station which takes as input a double x and a double y ad the Metrostation which is nearest to the x and y. To do this, it should leather all the Metrostations of all the Metrotines inside of this lines and find the Metro Station that is the smallest distance away. You can use the same appendix method as in the precis i on You may assume that there is a leadine MetroLine defined in the property lines. You may also assume that every MetroLine in lines has at least one Metrostation in Hint There is no method such as getAll Station defined a Metrotine ohjeet. This is since providing this method would rewal a lot about the implementation of the Metrolines and would differ depending on the kind of collectice you are using to store it. However, you can simulate this art of method by using the get PirstStop () and get Next Stop () methods to access every entry of the AmyList. Remember the condition that will cause getNext Stop (to be null • A method qet Neighboringstations which takes input a Metrostation station and re- turns an ArrayList The Arrayut Metrostation whild consist of all nephring stations to station possibly many if the station in ce may lines). P erample, if statice is the 3rd stop on the blue line, the 6th stop on the red line, and the stop on the green line, then the mothed should return an ArrayList

The Demand for soft drink (in cans per capita per year) is estimated as Log Q = a + b log P+ c log I + d log T

where Q = Soft drink consumption in cans per capita per year

P = 6-pack price

I = Income Per capita

T = Mean temperature across the 48 contiguous states in the United States

Soft Drink Demand Data:
	cans/capita/yr	6 pack price	income/capita	mean temp
	Q	P	I	T
Alabama	200	2.19	13	66
Arizona	150	1.99	17	62
Arkansas	237	1.93	11	63
California	135	2.59	25	56
Colorado	121	2.29	19	52
Connecticut	118	2.49	27	50
Delaware	217	1.99	28	52
Florida	242	2.29	18	72
Georgia	295	1.89	14	64
Idaho	85	2.39	16	46
Illinois	114	2.35	24	52
Indiana	184	2.19	20	52
Iowa	104	2.21	16	50
Kansas	143	2.17	17	56
Kentucky	230	2.05	13	56
Louisiana	269	1.97	15	69
Maine	111	2.19	16	41
Maryland	217	2.11	21	54
Massachusetts	114	2.29	22	47
Michigan	108	2.25	21	47
Minnesota	108	2.31	18	41
Mississippi	248	1.98	10	65
Missouri	203	1.94	19	57
Montana	77	2.31	19	44
Nebraska	97	2.28	16	49
Nevada	166	2.19	24	48
New Hampshire	177	2.27	18	35
New Jersey	143	2.31	24	54
New Mexico	157	2.17	15	56
New York	111	2.43	25	48
North Carolina	330	1.89	13	59
North Dakota	63	2.33	14	39
Ohio	165	2.21	22	51
Oklahoma	184	2.19	16	82
Oregon	68	2.25	19	51
Pennsylvania	121	2.31	20	50
Rhode Island	138	2.23	20	50
South Carolina	237	1.93	12	65
South Dakota	95	2.34	13	45
Tennessee	236	2.19	13	60
Texas	222	2.08	17	69
Utah	100	2.37	16	50
Vermont	64	2.36	16	44
Virginia	270	2.04	16	58
Washington	77	2.19	20	49
West Virginia	144	2.11	15	55
Wisconsin	97	2.38	19	46
Wyoming	102	2.31	19	46

( Data in Excel have been saved in the folder of Exam I on weekly study materials

In order to receive full points, you need to show me in details how to get your answers. )

1) What is regression equation using multiple linear regression model?

How would you interpret the coefficients of each independent variable in the model? (5 points)

2) What is price elasticity of demand ? How would you interpret it? (5 points)

3) The approximate percentage increase or decrease in demand if 6-pack price percentage increases by 3%.

****MUST SHOW ALL WORK

emeraldsnake786

You have $35,259.87 in a brokerage account, and you plan to deposit an additional $2,500 at the end of every future year until your account totals $350,000. You expect to earn 11.7% annually on the account. How many years will it take to reach your goal? Round your answer to the nearest whole number.

2)What is the future value of a 10%, 5-year ordinary annuity that pays $550 each year? Round your answer to the nearest cent.

If this were an annuity due, what would its future value be? Round your answer to the nearest cent.

3)An investment will pay $100 at the end of each of the next 3 years, $300 at the end of Year 4, $500 at the end of Year 5, and $700 at the end of Year 6. If other investments of equal risk earn 9% annually, what is its present value? Round your answer to the nearest cent.

What is its future value? Round your answer to the nearest cent.

4)You want to buy a car, and a local bank will lend you $10,000. The loan would be fully amortized over 6 years (72 months), and the nominal interest rate would be 10%, with interest paid monthly. What is the monthly loan payment? Round your answer to the nearest cent.

What is the loan's EFF%? Round your answer to two decimal places.

Present and Future Values of Single Cash Flows for Different Periods

Find the following values, using the equations, and then work the problems using a financial calculator to check your answers. Disregard rounding differences. (Hint: If you are using a financial calculator, you can enter the known values and then press the appropriate key to find the unknown variable. Then, without clearing the TVM register, you can "override" the variable that changes by simply entering a new value for it and then pressing the key for the unknown variable to obtain the second answer. This procedure can be used in parts b and d, and in many other situations, to see how changes in input variables affect the output variable.)

An initial $800 compounded for 1 year at 5.6%. Round your answers to the nearest cent.

$
An initial $800 compounded for 2 years at 5.6%. Round your answers to the nearest cent.

$
The present value of $800 due in 1 year at a discount rate of 5.6%. Round your answers to the nearest cent.

$
The present value of $800 due in 2 years at a discount rate of 5.6%. Round your answers to the nearest cent.

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MGEB31H3 Study Guide - Critical Thinking

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