Category: Finance

What is the probability of three heads if you throw three coins at the same time?Assume that you work for New York Yankees and they wanted to get Jose Ramirez whose batting average is 0.28. You calculate the variance of his hits as 0.15. Then, what is the probability that he will have an average of 0.30 or over next season?

Statistics Home Work Assignment
You need to work on the Questions 1 and 2 in Excel and EViews. You need to write or copy-paste from Excel or EViews. You will email the HW1 file, and the Excel and EViews files.
1.
Observations X Y
1 5 4
2 7 8
3 9 12
4 11 16
5 13 20

Calculate the following using Excel. Write answers here.

a. =445 b. c.

d. e.

f. g.

h. i.

2. Use the data from the CPS08 in Blackboard.
For the data series “ahe” (i.e. Average Hourly Earnings) find the following:
a) Create a Histogram in EViews then copy-paste here.
c) Calculate Mean, Variance and Standard Deviation in EViews then copy-paste here.

3. What is the probability of three heads if you throw three coins at the same time?

4. Suppose  assigned WSJ and NYT as reading references to my class. Now suppose 60% of my students read the WSJ, 50% read the NYT and 30% read both. Find the probability that a randomly selected student in my class reads at least one of them.
Also, find the probability that a randomly selected student in my class does not read either of them.

5. The probability distribution of the daily stock prices of google for last two months are as follows:
Closing Price (X) 1190 1210 1230 1250 1270 1290
P(X) 0.10 0.20 0.40 0.18 0.10 0.02

a. Find the expected price of the google share.
b. If you paid $400 for a google share then what is your expected profit or loss?

6. Assume that you work for New York Yankees and they wanted to get Jose Ramirez whose batting average is 0.28. You calculate the variance of his hits as 0.15. Then, what is the probability that he will have an average of 0.30 or over next season?

7. A company claimed that they found only a low percentage of flawed products in various stores in Connecticut. You went to the same stores and the store managers informed you their observations about the company’s products.
Stores Bridgeport Fairfield New Haven Hartford Stamford
Company Claim 5% 4% 6% 6% 3%
Manager Observations 8% 4% 10% 11% 4%

Run a Chi-square test to determine whether the company has made a valid claim here.

8. A online education company claims that a student will receive a coding job if they take company’s online coding bootcamp. You conducted a survey on students who attended or not taken the bootcamps and also learned whether they got a job or not. The survey results are below.
Got a Job No Job Total
Coding Bootcamp 204 350 554
No Bootcamp 195 101 296
Total 399 451 850

Using a chi-square test determine whether the company’s claim is valid (i.e. there is a relationship between the bootcamp and getting a job.)

9. Use the CPS08 data for the following two questions:

a. Find out whether the variances of average hourly earnings (AHE) for people with and without a Bachelor degree are equal.

b. Find out whether the mean of average hourly earnings (AHE) between Male and Female are equal.

Recommend the method Discounted Cash Flow Valuation for Fresenius Helios to evaluate HCA Healthcare (the storyline mentioned above). Explain why and elaborate on this method linking to the case.

Valuation
To enhance shareholder value and increase profits, Fresenius Helios plans to enter the UK and US healthcare markets through the acquisition of HCA Healthcare, Inc. HCA Healthcare is a publicly-traded company listed on the New York Stock Exchange and the London Stock Exchange. Therefore, a valuation needs to be undertaken for HCA Healthcare.

This order –  cover the following topics:

The most common valuation methods – with a short explanation. Pro and cons.

Recommend the method Discounted Cash Flow Valuation for Fresenius Helios to evaluate HCA Healthcare (the storyline mentioned above). Explain why and elaborate on this method linking to the case.

Evaluate the elements that shape the merger’s value creation and assess its potential to maximise its triple-bottom-line performance (Refer to the sustainability sections of the annual reports).

Financial Ratio Analysis
Your feasibility report should address the following:

1. Use the BAO5734 financial template (XLSX 32.76KB), and calculate the firms’ financial performance using profitability, leverage (equity or debt), and liquidity ratios. (500 words)

2. Compare the financial analytical results of the two companies and justify why a merger is timely. (500 words)

3. Articulate the strengths and weaknesses, using Porter’s Five Forces model and SWOT Analysis of the merger and acquisition project using the Consolidated Financial Results (Balance Sheet, Profit and Loss and Cashflow) of Baby Bunting Pty Ltd and G8 Education. (500 words)

4. Evaluate the elements that shape the merger’s value creation and assess its potential to maximise its triple-bottom-line performance (Refer to the sustainability sections of the annual reports). (500 words)

Using the Ron Blue Institute 4H (Heart, Health, Habits, Hope) model of financial wisdom, express the biblical view of money and financial resources based on your interpretation of the scriptures.ompare this view with the general societal view towards money and riches.

FINANCIAL WISDOM

Using the Ron Blue Institute 4H (Heart, Health, Habits, Hope) model of financial wisdom, express the biblical view of money and financial resources based on your interpretation of the scriptures. This view should address the Heart issues of stewardship, contentment, faith, and wisdom.

Next, compare this view with the general societal view towards money and riches. Use at least one reference to portray and document the societal view of monetary resources.

Finally, express your personal view of money, how it influences your life/behavior regarding decisions in your life, and how both biblical principles and societal viewpoints affect your view. You should use specific examples on how choices in life are affected.

What affect does health care financing have on health care delivery in the United States?What are some of the main problems and issues pertaining to health care financing?

Week 1 Discussion

Write a 175- to 265-word response to the following:

What affect does health care financing have on health care delivery in the United States?
What are some of the main problems and issues pertaining to health care financing?

Analyze and evaluate the likely impacts of the aforementioned Federal Reserve monetary policy actions to the wider economy(and specifically, to capital markets), as well as the resulting implications for your firm.

Analyze and evaluate the likely impacts of the aforementioned Federal Reserve monetary policy actions to the wider economy(and specifically, to capital markets), as well as the resulting implications for your firm.
Describe the nature and structure of your organization.  identify the major strategic objectives of the organization.

 

Critically evaluate the main theories that seek to explain the existence and development of different types of banks and financial markets . ( The financial intermediation theory of banking, Portfolio theory for investment banks,, Basel, Bank of England stress test.

Critically evaluate the main theories that seek to explain the existence and development of different types of banks and financial markets . ( The financial intermediation theory of banking, Portfolio theory for investment banks,, Basel, Bank of England stress test.

Mention the response of FCA during covid.

Demonstrate an awareness of ethical, and corporate governance issues.

 

Determine the sources of funding. Consider self-funding, borrowing, loans, equity, venture capital, etc.Analyze the risks that are associated with each funding source.

Financial Plan

Prepare a financial plan for the organization that you select for your business plan. (Amazon or whatever company is a better fit for the objective)

Describe the organization, including the type of business.

Create the business case.

Determine why funding is needed for the company.

Determine the sources of funding. Consider self-funding, borrowing, loans, equity, venture capital, etc.

Evaluate the requirements of each of the funding sources that you plan to use.

Analyze the risks that are associated with each funding source.

Decide which sources are the best fit for your company based on the requirements of each. Justify your decision.

Estimate the cost of capital for both short-term and long-term funding sources.

Research current estimated APRs for your selected sources of funding.

Create a table or chart to display this information.

Estimate direct costs, including capital, marketing, labor, equipment, and inventory/supply costs.

Prepare a budget that includes starting balances, monthly costs, loan/investment payments, cash flow projections, and required revenue.

Create a profit-and-loss statement for a 3-year period. Provide a revenue forecast, stating realistic assumptions, such as growth per year, in your projections.