if an investor believes that financial markets are inefficient, that argues for the individual to pursue a more active portfolio strategy. true or false?

Answers

Answer 1

It's false, that an investor should seek a more active portfolio approach if they think that financial markets are inefficient.

Investors are regarded as being risk-averse since they will only take a higher level of risk if they believe the investment's predicted return would cover it. A risk-averse investor, then, won't take a risk if it doesn't provide a profit. Bringing savers and borrowers together in a network of interconnected marketplaces where people trade a range of financial products is the fundamental goal of financial markets. The locations and procedures that make it possible for investors to trade financial assets are referred to as financial markets.

A preference for a certain result over a wager with a higher or equal expected value is known as risk aversion. Risk-seeking behavior, on the other hand, is the decision to forgo a guaranteed thing in favor of a gamble with a lower or equivalent expected value. The propensity to shun risk is called risk aversion. The investor who favors capital preservation over the possibility of earning a higher-than-average return is referred to as risk-averse. Price volatility is the same as risk in investment.

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Related Questions

please help this is for economics

please help this is for economics

Answers

Answer: its not clear

Explanation:

do u mind send or uploading it again?

according to the vals segmentation system, are considered to be trendy and fun-loving people who are resource-constrained. they favor stylish products that emulate the purchases of those with greater material wealth.

Answers

according to the vals segmentation system strivers are considered to be trendy and fun-loving people who are resource-constrained. they favor stylish products that emulate the purchases of those with greater material wealth.

What is  vals segmentation system?

A proprietary research methodology called VALS (Values and Lifestyle Survey) is employed for psychographic market segmentation.

                              Market segmentation helps businesses adapt their goods and services to appeal to those who are most inclined to make purchases from them.

How is VALS used in marketing?

VALS is a marketing technique that forecasts consumer behavior in part by taking into account factors like their philosophical convictions and levels of mechanical and intellectual curiosity.

                          Values and Lifestyles Survey, or VALS, is a set of inquiries used to identify target markets.

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the most important elected official associated with the state budget is the

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The most important elected official associated with the state budget varies depending on the specific governmental structure and system of each country or state.

However, in many cases, the governor or chief executive officer of the state plays a significant role in the state budget process. The governor typically proposes the budget, sets priorities, and works with the legislature to negotiate and approve the final budget.

The governor's leadership and influence can have a significant impact on the allocation of funds, policy decisions, and overall financial management of the state.

It's important to note that the specific responsibilities and powers of elected officials regarding the state budget can differ across jurisdictions.

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The most important elected official associated with the state budget is typically the Governor or the Chief Executive Officer of the state. In most democratic systems, the Governor holds significant authority and responsibility for the formulation and execution of the state budget.

They play a crucial role in setting fiscal priorities, allocating resources, and overseeing the financial management of the state.The Governor, being the head of the executive branch, often proposes the state budget to the legislature for approval.

They work closely with their budget office and other financial experts to develop a budget that addresses the needs of the state while considering revenue projections, expenditure limitations, and policy goals.

Once the budget is proposed, the Governor engages in negotiations and consultations with the legislature to garner support and reach a consensus on the final budget. They may have the power to veto specific budget items or line-item veto certain provisions.

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Disadvantages of choosing a job that is extremely popular or in demand

Answers

The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.

What is a high demand job?

This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.

The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.

The number of qualified persons may become more than the job that is available for the people to do in the long run.

Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.

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The commute times for the workers in a city are normally distributed with an unknown population mean and standard deviation. If a random sample of 27 workers is taken and results in a sample mean of 22 minutes and sample deviation of 3 minutes, find a 95% confidence interval estimate for the population mean using the student's t-distribution.

Answers

If the commute items for the workers in a city are normally distributed with an unknown population mean and standard deviation. Using the student's t distribution 95% confidence interval for the sample mean is 20.8129 and 23.1870

To calculate a 95% confidence interval.

Given Data

size n = 27 ,  sample mean = 22 ,  standard deviation = 3.

Here the 95% CI is given as,

× ±  t*s/\(\sqrt{n}\)

t{(n-1),\\(\alpha\)}=t_{(27-1),0.05} = 2.056

(22± 2.056*3/\sqrt{27})

(22- 2.056*3/√27, 22+ 2.056*3/\sqrt{27})

( 22 - 1.1870 , 22 + 1.1870)

( 20.8129 , 23.187)

Thus , 95% confidence interval for sample mean is ( 20.8129 , 23.1870).

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1. Buyers, sellers, and producers all have someone else they are competing with for economic benefits. This is known as:
O competition
O monopoly
O collusid
O cartels

Answers

Answer:monopoly

Explanation:

According to the assumptions of the quantity theory of money, if the money supply increases 5 percent, then a. the price level would be unchanged and real GDP would rise by 5 percent. b. the price level would rise by 5 percent and real GDP would be unchanged. c. both the price level and real GDP would rise by 5 percent. d. both the price level and real GDP would be unchanged.

Answers

Answer:

C

Explanation:

Quantity theory of money : money supply x velocity = price x output

money supply x velocity = nominal GDP

It is assumed that velocity is constant. So, if money supply increases, both the price level and real GDP would rise by 5 percent

5. The source document for all cash payments is a sales invoice. (P. 60)
true or false

Answers

Answer:

false

Explanation:

A sales invoice is an accounting document addressed to a client informing them of the amount they should pay for the goods or services provided. It details the services or products provided, the date, name of the client, the amount due, among other details. The invoice does not keep information on cash payments.

The check is the document that contains information on cash payments. The checkbook will retain details of all payments, such as amount, payee, and payment date. This data is useful in cash reconciliations.

The source document for all cash payments is a sales invoice. Thus, the given statement is false.

The source document for all cash payments is not a sales invoice. A sales invoice is typically generated when a company makes a sale to a customer, documenting the details of the transaction and serving as a request for payment. However, when it comes to cash payments, the source document is usually a receipt or cash voucher.

A receipt is issued to the payer as proof of payment received, providing information such as the date, amount, payment method, and details of the transaction. Cash vouchers, on the other hand, are internal documents used within a company to track and record cash payments made.

Thus, the given statement is false.

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Click this link to view O‘NET's Work Styles section for General and Operations Managers. Note that common work
styles are listed toward the top and less common work styles are listed toward the bottom. According to O‘NET, what
are common work styles needed by General and Operations Managers? Select four options.
self control
curiosity
leadership
dependability
attention to detail
creativity

Answers

Answer:

Self control, leadership, dependability, attention to detail

Explanation:

The styles section for the general and operation managers lists are :

Self-control, leadership, dependability, attention to detail.What is a work style?

A work style is a style that is followed for the purpose of work and includes logical reasoning, detail-oriented and supportive, and ideal oriented style. The operations manager's style includes self-control, leadership, and dependability plus attention to detail during work.

Find out more information about the work styles.

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A. What do we mean when we say that capital markets are efficient?

B. What are the implications if capital markets are not efficient?

C. What factors contribute to an efficient market?

D. Explain the THREE (3) sub-hypotheses of the Efficient Hypotheses and discuss the

implications of each of them.

Answers

A) Capital markets are referred to as efficient when the market is capable of determining the true price of securities instantaneously with all the available public information. When investors use publicly accessible data such as historical trends, annual reports, and economic indicators, the markets tend to be efficient, and the price of securities will reflect all publicly available information.

B) The consequences of capital markets being inefficient are that there will be trade inaccuracies, delayed adjustments in prices, and inadequate competition. Due to price inequalities, investors may trade more than the market value of a security, leading to a waste of resources.C) The following factors contribute to an efficient market: openness to fresh data, prompt reflection of new information on prices, huge numbers of agents with diverse and fluctuating opinions, and, of course, the use of publicly available data. If the publicly available data is incomplete or has some kind of flaw, the market efficiency may be hampered. As a result, market inefficiencies are generally considered to be a result of a lack of transparent data.D) Three sub-hypotheses of the efficient hypothesis are:
The Efficient Market Hypothesis suggests that investors can't surpass market returns because new information is rapidly incorporated into stock prices. According to this hypothesis, it's impossible to earn above-average profits through fundamental or technical analysis.
The Random Walk Hypothesis suggests that stock prices follow a random path. Therefore, technical analysis is of little use in forecasting the market's direction. As a result, stock prices are unpredictable, and the market's reaction to news is quick and efficient.
The Fair Game Hypothesis suggests that returns on investment are proportional to the degree of risk. Investors have the same access to information, and new information is incorporated into stock prices quickly and uniformly. Investors are compensated for risk, and superior returns can't be achieved by exploiting informational inefficiencies.

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abc pipe supply ordered inventory from a pvc pipe manufacturer. the terms of freight on the order acknowledgement specify that abc pipe supply must take ownership of the order and pay the shipping costs when the order is loaded on the truck at the manufacturer's docks. which fob terms will be stated on the order acknowledgement? fob shipping point fob 2% 10, net 30 fob in transit fob destination

Answers

If  the terms of freight specify that abc pipe supply must take ownership of the order and pay the shipping costs when the order is loaded on the truck at the manufacturer's docks. The fob terms that will be stated on the order acknowledgement is: A. fob shipping point.

What is fob shipping point?

FOB shipping point can be defined as the way in which the ownership of the goods that a buyer bought from  a seller is transfer to the buyer immediately the seller shipped the goods to the buyer.

When using the FOB shipping point the buyer can as well bear the cost of the shipping after the seller shipped the goods  since the title has been moved from the seller to the buyer just as in the case of the given scenario between abc pipe the buyer and pvc pipe the seller.

Therefore the correct option is A.

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PLZ HELP ECON ?!!!!!

PLZ HELP ECON ?!!!!!

Answers

Answer:

Explanation:

you have to decresase it

Answer:

pick b, decreased.

Explanation:

can anyone please help me please

can anyone please help me please

Answers

Answer:

1.  extracurricular

2. cocurricular

3. curricular

4. curricular

5. cocurricular

Explanation:

1. Daniel doing community service by cleaning up outdoor trails is an extracurricular activity because it doesn’t have nothing to do with his academics/school.

2. Debra participating in a hospital program for nursing students is cocurricular because she is practicing techniques she learned in her nursing class.

3. Rhett taking a foreign language class at his middle school is curricular because this is a class Rhett takes at school.

4. You are correct. Ernestina taking a photography class in school is curricular because this class takes place at her high school.

5. Brant joining a student organization for future teachers is cocurricular because he is studying to be a teacher.

how supply and demand, scarcity, and economic measurement affect the legal form of business

Answers

Supply and Demand (Affects Pricing, Supply, and Income) - When a company provides large amounts of the product they are selling, the price tends to remain at a constant price. When a company begins to have too much of one product, they will usually lower the price to sell more of it. When a company begins to lack stocking the shelfs of their product, they will increase the prices so that they will not run out. When demand increases, prices might also increase because they are aware it is a chance to make profit. When demand decreases, the price decreases.

Scarcity - When a business faces scarcity, or the lack of stocking shelfs, the company could possibly lose income and in the future face serious economic issues. Most businesses that face scarcity, usually face bankruptcy within the next 7 years due to the slow or quick decrease in profit and supply. When businesses face scarcity, limits on the amount each household can purchase can be enforced and prices will increase dramatically. In 2021, there was a known 7% increase on prices of many food items.

Economic Measurement is explained throughout the two paragraphs.

answers for question 11!!!!

answers for question 11!!!!

Answers

Answer:

C!!

Explanation:

Two Major Types of Markets • Consumer Market -- All the individuals or households that want goods and services for personal use and have the resources to buy them. Business-to-Business (B2B) -- Individuals and organizations that buy goods and services to use in production or to sell, rent, or supply to others.

Althoigh a franchise offers many upsides opening a franchise also has many downsides. From the lost below select the answers that are considered down sides

Answers

Answer:

the options are missing, but I can list several disadvantages or downsides of owning a franchise:

When you buy a franchise you enter a formal contract that requires you to perform different obligations and failing to perform can result in legal and economic problems (similar to all contracts signed).The franchise contract generally specifies a certain amount of years, and even if you are able to perform very well, nothing can assure you that the contract will be renewed. When you buy a franchise, you must follow all the rules, procedures and guidelines given to you by the franchisor, i.e. you own a business but someone else tells you what to do. These orders and restrictions given by the franchisor include what you can or cannot sell, and who will be your vendors (suppliers). Even if you do great, other franchisees might not operate properly and that will negatively affect your business. You have to pay royalties (a % of your gains) to the franchisor.

Controlled business is defined as insurance a producer writes on all of the following individuals EXCEPT the producer's:
A: relatives
B: employees
C: neighbors
D: spouse

Answers

The answer to the question is:D: spouse.Controlled business in insurance refers to policies written by an insurance producer on individuals who have a close relationship with the producer.

The purpose of controlled business restrictions is to prevent conflicts of interest and ensure ethical practices in the insurance industry. Controlled business typically includes relatives, employees, and neighbors of the insurance producer.

However, the producer's spouse is not considered controlled business since there is a direct familial relationship involved. Insurance written on a spouse is generally permissible and does not fall under the restrictions of controlled business.

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In the case of Goozee v Graphic World Group Holdings Pty Ltd (2002) 42 ACSR 534, the court stated that it is an objective test and determined by reference to "whether the conduct adheres to accepted standards of corporate behaviour or is in accordance with how reasonable directors would act in attending to the affairs of the company". What constitutes oppressive and unfairly prejudicial conduct? List seven (7) of these oppressive and unfairly prejudicial conduct. ANSWER:

Answers

When evaluating whether conduct is oppressive and unfairly prejudicial, it is essential to consider the specific circumstances of each case and the impact on the company and its shareholders.

The seven oppressive and unfairly prejudicial conducts that may be considered in the case of Goozee v Graphic World Group Holdings Pty Ltd (2002) 42 ACSR 534 are as follows:

1. Diverting company funds for personal use: This refers to directors using company funds for their personal expenses or benefiting themselves at the expense of the company and its shareholders.

2. Mismanagement or negligence: Directors failing to fulfill their duties and responsibilities, resulting in harm or detriment to the company and its shareholders.

3. Excluding minority shareholders from decision-making: Minority shareholders being unfairly excluded from participating in important company decisions, resulting in their interests being disregarded or marginalized.

4. Breach of fiduciary duties: Directors failing to act in the best interests of the company, such as engaging in self-dealing, conflicts of interest, or failing to disclose relevant information.

5. Oppressive behavior or abuse of power: Directors using their position to oppress minority shareholders, engaging in bullying, intimidation, or unfairly wielding their power to advance their own interests.

6. Withholding information: Directors deliberately withholding or manipulating information to mislead shareholders or conceal actions that may be detrimental to the company or its shareholders.

7. Unfair related-party transactions: Directors entering into transactions with related parties (such as family members or companies they have a personal interest in) that unfairly benefit those parties at the expense of the company and its shareholders.

Explanation and calculation:

In the case of Goozee v Graphic World Group Holdings Pty Ltd, the court applied an objective test to determine oppressive and unfairly prejudicial conduct. This test involves assessing whether the conduct adheres to accepted standards of corporate behavior or aligns with how reasonable directors would act in attending to the affairs of the company. The court recognized that oppressive and unfairly prejudicial conduct can take various forms, and the list provided above illustrates some common examples.

The seven conduct examples provided serve as a guideline to identify potential instances of oppression and unfair prejudice, but the court's ultimate decision will depend on the facts, evidence, and legal principles applicable to the case at hand.

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Leo Co. uses the allowance method to account for bad debts. At the end of the year, Leo Co.'s accounts receivable balance is $25,000; allowance for doubtful accounts balance of $100 (credit); and sales of $500,000. Based on history, Leo estimates that bad debts will be 2% of accounts receivable. The entry to record estimated bad debts will include a debit to Bad Debts Expense in the amount of:

Answers

The bad debts expense for the year to be debited will be $600.

Adjusted balance of the Allowance for Doubtful Accounts = Accounts receivable * 2%

Adjusted balance of the Allowance for Doubtful Accounts = $25,000 x 2%

Adjusted balance of the Allowance for Doubtful Accounts = $500

Unadjusted balance of the Allowance for Doubtful Accounts = $100

Amount of bad debt expenses = Adjusted balance of the Allowance for Doubtful Accounts + Unadjusted balance of the Allowance for Doubtful Accounts

Amount of bad debt expenses = $500 + $100

Amount of bad debt expenses = $600

Therefore, the bad debts expense for the year to be debited will be $600.

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Answer:$400

Explanation:

A person who makes goods or provides services is called a

Answers

Answer:

Manufacturers

Explanation:

Because I said

1) Consider the following game between Alpha and Jack.
The matrix payoff is shown below Alpha Left Right Jack
Accept 20, 10 0, 0
Reject 0, 0 10, 20
i) Does either player have a pure dominant strategy?
ii) Determine the pure Nash equilibrium (equilibria) of this game?
ii) Find a mixed strategy Nash equilibrium in this game.
iii) Assuming a sequential-move game in which Jack chooses its strategy first, what is (are) the pure Nash equilibrium (equilibria) of this game

Answers

The pure Nash equilibrium in this sequential-move game is (Jack plays Left, Alpha Rejects) and (Jack plays Right, Alpha Accepts).

To analyze the game between Alpha and Jack, let's answer each question step by step.

A pure Nash equilibrium occurs when both players choose their best response strategy given the other player's strategy. In this game, there is no pure Nash equilibrium because neither player has a dominant strategy. The players' best responses depend on each other's choices.

To determine the mixed strategy Nash equilibrium, we need the expected payoffs to be equal for each strategy. For Alpha:

Expected payoff for Accept = (20 * q) + (0 * (1-q)) = 20q.

Expected payoff for Reject = (10 * q) + (0 * (1-q)) = 10q

For Jack:

Expected payoff for Left = (0 * p) + (10 * (1-p)) = 10(1-p)

Expected payoff for Right = (20 * p) + (10 * (1-p)) = 20p + 10(1-p) = 10 + 10p

To have a mixed strategy Nash equilibrium, the expected payoffs for each strategy should be equal:

20q = 10q (for Alpha)

10(1-p) = 10 + 10p (for Jack)

Simplifying these equations, we get:

10q = 0 (equation 1)

20p - 10p = 10 (equation 2)

From equation 1, we can see that q = 0. This means Alpha will always choose to Reject.

Substituting q = 0 into equation 2, we get:

10p - 10p = 10

0 = 10

Since the equation 0 = 10 has no solution, there is no mixed strategy Nash equilibrium in this game.

If Jack chooses its strategy first in a sequential-move game, Alpha observes Jack's choice before deciding on their own strategy. Let's analyze this scenario:

If Jack plays Left, Alpha's best response is to Reject since they get a higher payoff of 10 compared to 0 if they Accept.

If Jack plays Right, Alpha's best response is to Accept since they get a higher payoff of 20 compared to 0 if they Reject.

Therefore, the pure Nash equilibrium in this sequential-move game is (Jack plays Left, Alpha Rejects) and (Jack plays Right, Alpha Accepts).

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1. Why is hospitality important in business?
2. What types of things does a hospitality manager do?
3. What courses or information would be helpful for a hospitality manager?
4. What do you think you'd like best about working as a hospitality manager?

Answers

Answer:

1. It shows you know how to do your job better.

Explanation:

It shows that you can respect your Client/Customer and have a better experience with you. Also it helps you to not get fired easily.

The legal system in the United States is based on _____.
A. constitutional law
B. common law
C. small law
D. statutory law​

Answers

Common law is the answer hope this helps!

apartments is ​-unit apartment complex. when the apartments are​ 90% occupied, monthly operating costs total . when occupancy dips to​ 80%, monthly operating costs fall to . the owner of the apartment complex is worried because many of the apartment residents work at a nearby manufacturing plant that has just announced it will close in three months. the apartment owner fears that occupancy of her apartments will drop to ​% if residents lose their jobs and move away. assuming the same relevant​ range, what can the owner expect her operating costs to be if occupancy falls to ​%

Answers

The owner can expect her operating costs to be $204,080 if occupancy falls to ​55%.

What is operating cost?The expenses associated with running a business, or with running a machine, part, piece of equipment, or facility, are known as operating costs or operational costs. They are the price an organization pays for the resources it uses just to stay in business.The continuing costs associated with conducting business on a daily basis are known as operating costs. COGS and other operating costs, which are frequently referred to as selling, general, and administrative charges, are both included in operating costs.Lease and rent payments, electricity bills, office supply costs, staff salary, and at the absolute least, bank fees are examples of this type of expense. These figures may also include accounting fees, legal fees, entertainment charges, travel costs, and sales and marketing costs.

The operating cost computation is:

Operating cost if occupancy falls to 55%

Cost on (800 × 90%)

= 720 units is $220,040

Cost on (800 × 80%)

= 640 Units is $215,480

Variable cost/unit = (Change in the total cost) ÷ (the High activity - the Low activity)

= ($220,040 - $$215,480) ÷ (720 - 640)

= 4,560 ÷ 80

= 57/unit

The Fixed cost = The Total cost - The Variable cost

= $220,040 - (720 × 57)

= $179,000

Cost equation: Total cost = Fixed cost + Variable cost per unit

Y = $179,000 + 57X

Y = $1790,00 + (57 × 440)

Y = $204,080

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The complete question is:

Lakeview Apartments is an 800​-unit apartment complex. When the apartments are​ 90% occupied, monthly operating costs total $ 220 comma 040. When occupancy dips to​ 80%, monthly operating costs fall to $ 215 comma 480. The owner of the apartment complex is worried because many of the apartment residents work at a nearby manufacturing plant that has just announced it will close in three months. The apartment owner fears that occupancy of her apartments will drop to 55​% if residents lose their jobs and move away. Assuming the same relevant​ range, what can the owner expect her operating costs to be if occupancy falls to 55​%?

In 2018, Smiths Corp. issued a $50 par value preferred stock that pays a 6 percent annual dividend. Due to changes in the overall economy and in the company's financial condition, investors are now requiring a 7 percent return. What price would you be willing to pay for a share of the preferred if you receive your first dividend one year from now?

Answers

Answer:

Hence, the Current Price is $42.85

Explanation:

Given that

Par value = $50

Annual Dividend percentage = 6%

Annual dividend = $50 × 6% = $3

Required rate of return = 7%

based on the above information

The price that should be paid one year from now is

Required Return = Annual Dividend ÷ Current Price × 100

7 = $3 ÷ Current Price × 100

So, the current price is

= $42.85

Hence, the Current Price is $42.85

a corporation makes a payment of ​$ million at the end of 2017 for services rendered by a large database company. with an annual interest rate of ​%, what annual payments at the end of years 2017 through will be equivalent to ​$ million at the end of​ 2017?

Answers

Required PMT is almost  $564,334 when Present value (PV) is $2,650,000, Rate (r) is 11% and Time (n) is 6 in the given data.

Given that -

Present value (PV) = $2,650,000

Rate (r) = 11% = 0.11

Time (n) = 6

To Find -

Required PMT

PV= PMT {{1- (1+r)^-n}/r} {1+r}

$2,650,000= PMT * {{1- (1+0.11)^-6}/0.11} {1+0.11}

$2,650,000= PMT *4.6958

PMT= $564,334 (Approx)

Hence, Required PMT is almost  $564,334

Here is the complete question-

A corporation makes a payment of ​$2.65 million at the end of 2017 for services rendered by a large database company. With an annual interest rate of 11​%, what annual payments at the end of years 2017 through 2022 will be equivalent to ​$2.65 million at the end of​ 2017?

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Select the best answer for the question.
2. Which functional area in a retail store usually manages the on-site revenue generation, administration, and reports on the center's expenses?
O A. Finance
O B. Information Technology (IT)
C. Human Resources
O D. Visual Merchandising

Answers

Answer:

Human resources

Explanation:

True or false: Firms should obey all the laws, including but not limited to labor, consumer protection, and the environment. True false question. True False

Answers

This statement on the laws that firms should obey that incudes labor and consumer protection laws is True.

What Laws should companies follow?Companies should follow all laws in a nation. They should especially follow those that relate to them such as labor and consumer protection laws.

The laws of a nation are for everyone in that nation including companies. Unless a law states that companies can be exempted, they are bound by all laws.

In conclusion, this is true.

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The statement about the firms should obey all the laws is:

True

Law Enforcement

Everyone of the firms should obey all the laws of a nation, protecting in this way their employees (labor law), their consumers (consumer protection) and the environment.

Otherwise, the law can impose sanctions due to the company is not complying with the rules applied to each one of the enterprises in a national territory.

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The acme global corporation needed to hire 30 new advertising sales agents. the applicant pool consisted of 100 african-american males and 100 white males. of the 200 applicants, acme global hired 10 of the african-american males and 20 of the white males. is there evidence of disparate impact?

Answers

Answer:

Yes, because it doesn't comply with the four-fifths rule.

Explanation:

First we must establish the selection rate for both groups:

whites = 20 / 100 = 20% selectedAfrican American = 10 / 100 = 10% selected

the four-fifths rule establishes that at least 20% x 4/5 = 16% of all African American candidates should have been selected, but only 10% were selected.

Suppose that the weekly​ profit, in​ dollars, of producing and selling x cars is P (x) = negative 0.007 x cubed - 0.2 x ^2 + 1000 x - 1100,and currently 60 cars are produced and sold weekly. Use P (60) and the marginal profit to estimate the weekly profit of producing and selling 62 cars. Round to the nearest dollar.

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Answer:

The weekly profit "P" of producing and selling "x" cars, is given by the expression \(P(x)= -0.007x^3-0.2x^2+1000x-1100\).If the amount of cars produced and sold are x=60, then the profit linked to those 60 cars will be given by \(P(60)= -0.007(60)^3-0.2(60)^2+1,000(60)-1,100\), where the amount of cars "x" has been replaced by 60. This equals \(P(60)=56,668\). Marginal profit is defined as the change in profits when the amount of cars produced and sold change in a unit. Matematically, it equals the derivative of P(x) in terms of x: \(\frac{\partial P(x)}{\partial x}= -0.021x^2-0.4x+1,000\) . If the amount of cars produced and sold change in two units, then the marginal profit (or additional profit) obtained by producing and selling these two additional cars is \(-0.021(2)^2-0.4(2)+1,000\) ≈ \(1,000\).Then, producing and selling 62 cars would produce a benefit of \(\$56,668+\$1,000= \$57,668\).

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