Answer:
The opportunity cost of the event $21.
Explanation:
Opportunity cost is the loss of alternative when someone chooses an alternative.
Number of Hours = 3 hours
Earning per hour = $7
Total opportunity cost = $7 x 3
Total opportunity cost = $21
As Max has to bear the loss of $21 earning when he goes to the event in the museum. So this is his opportunity cost.
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It is true that ''In a forecasting model using simple moving average, the shorter the time span used for calculating the moving average, the closer the average follows volatile trends''.
There are three fundamental categories: causal models, time series analysis and projection, and qualitative approaches. The first makes use of qualitative data (such as the judgement of experts) and details about noteworthy occasions of the sort already discussed, and may or may not take historical factors into account.
Although there are many commonly used quantitative budget forecasting tools, in this article we concentrate on the top four techniques: Straight-line, moving average, simple linear regression, multiple linear regression, and straight-line.
The Global Forecast System (GFS) of the National Weather Service and the European Center for Medium-Range Weather Forecast (ECMWF) model are the two most well-known NWP models. The American and European models are other names for them.
Learn more about forecasting model:
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Answer:
The market expected return is 12.28%
Explanation:
According Miller and Modgliani Capital Asset Pricing Model,the expected return on a stock is given by the formula below:
Ke=Rf+Beta(Market expected return-Rf)
Rf is the risk free-rate of return
Ke=11.9%
Beta=0.94
risk-free rate of return=5.95%
11.9%=5.95%+0.94(MER-5.95%)
11.9%=5.95%+0.94MER-5.593
%
11.9%=0.357
%+0.94MER
11,9%-0.357%=0.94MER
11.543
%=0.94MER
MER=11.543%/0.94
MER=12.28%
The market expected rate having Miller and Modgiliani CAPM formula is 12.28%
