an example of overconfidence would be: Joe makes a stock price prediction and believes that there is only a 5% chance that his estimate is wrong; overlooking recent articles about the bad financial health of the business.
Buying stocks without any prior knowledge in finance would provide people with 50% rate of success. Good stock traders usually could improve their success rate up to 70% while success rate of 95% is very unlikely. Especially if the financial information showed a bad sign. The fact that Bill still put his money on the company's stock indicates that he is overconfident.
Answer:
$24.7million
$97.86million
$9.89million
Explanation:
From the sample , the lowest number is 16.3 and the highest number is 41, the range is
41-16.3
=$24.7 million
Σ 
In the sample given the mean is . : (41 +40 +38+ 32+ 23+ 22+ 20+ 18+ 17.8 +16.3 )/10
mean=26.81
Using that, we can find the variance:
[(41-26.81)^2+(40-26.81)^2+(38-26.81)^2+(32-26.81)^2+(23-26.81)^2+(22-26.81)^2+(20-26.81)^2+(18-26.81)^2+(17.8-26.81)^2+(16.3-26.81)^2]/10=97.86million
The standard deviation is just the square root of the variance:
standard deviation=√(var)
, the standard deviation is the square root of 97.86, which equals $ 9.89 million
Answer: $223,000 long-term capital gain.
Explanation:
LEGALLY MARRIED couples who file a JOINT TAX RETURN, selling their Place of PRIMARY RESIDENCE are allowed to reduce by $500,000, their Long-term capital gain.
That means that Mr. and Mrs. Frazier, bless their souls, are allowed to remove $500,000 from the total $723,000 and as such recognize only $223,000 as tax consequence on long-term capital gain.
I guess Uncle Sam likes marriages.
If you need any clarification do react or comment.
Answer: Selecting an appropriate negotiation team
Explanation:
The first step toward initiating efficient and effective international business negotiations is selecting an appropriate negotiation team.
When an appropriate negotiation team has been selected to negotiate on behalf of a particular company, negotiation becomes easier and are more feasible and both parties can agree on a particular stance.
The answer is to determine your own working hours.
Owning you own business allows you the freedom to determine your own working hours. All you have to do is to supervise and manage your own time. With proper inventory and developing new strategies.
