The herfindahl-hirschman index is calculated by summing the square of each company's market share.
In this case, the two firms separately would account for 628 of the herfindahl-hirschman index (12*12+22*22)
If the firms merge, they would account for 1,156 of the herfindahl-hirschman index (34*34)
This is an increase of 528 meaning the market is more concentrated.
Answer: On agriculture, textiles, and automobiles.
Explanation:
My recommendation would be: communicate directly to the supervisor to clarify the intend of the email
Most employees believed that asking clarification to their supervisor would reflect badly on them since it make them look incompetent.
But most supervisors are trained to provide employees with guidance if they do not understand their assignment. And, following the wrong order would be significantly worse compared to not able to understand an email.
Answer: Partnership:
Can be easier to raise funds
Required sharing of profits
Is owned by two or more people
Sole proprietorship:
Is owned by a single person
Is easiest to start
Includes 75% of all US businesses
Explanation: I got it right on the quiz
Answer: covariance matrix is
(0.00090 0.00042)
(0.00042 0.00160)
Mean of weekly return = 0.00119
Standard deviation = 0.0279
VaR(0.05) = $1450.73
Explanation:
> S1 = 200*100
> S2 = 100*125
> w1 = S1/(S1+S2)
> w2 = 1 - w1
> w = c(w1,w2)
> means = c(0.001, 0.0015)
> sd = c(0.03, 0.04)
> rho = 0.35
> multiply = w %*%
means> round(mutiply by 5)=0.00119
> cov = matrix(c(sd^2, sd[1]*sd[2]*rho,sd[1]*sd[2]*rho,sd[2]^2),nrow=2) = 0.00090, 0.00042, 0.00042, 0.00160
> sdp = sqrt( w %*% cov %*% w )> round(sdp,4)=0.0279
> VaR = -(S1+S2)*(mup+sdp*qnorm(.05))
=1450.73