The BRS Corporation makes collections on sales according to the following schedule: 30% in month of sale
60% in month following sale
10% in second month following sale.

The following sales have been budgeted:

Expected Sales
April $170,000
May $180,000
June $170,000

Budgeted cash collections in June should be budgeted to be:

You manage an equity fund with an expected risk premium of 10% and a standard deviation of 14%. the rate on treasury bills is 6%. your client chooses to invest $60,000 of her portfolio in your equity fund and $40,000 in a t-bill money market fund. what is the expected return and standard deviation of return on your client’s portfolio?

You plan to invest some money in a bank account. which of the following banks provides you with the highest effective rate of interest? hint: perhaps this problem requires some calculations. bank 1; 6.1% with annual compounding. bank 2; 6.0% with monthly compounding. bank 3; 6.0% with annual compounding. bank 4; 6.0% with quarterly compounding. bank 5; 6.0% with daily (365-day) compounding.

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.