Use your results from the regression given in question 65 of Chap. 13 to test the significance
Question:
Use your results from the regression given in question 65 of Chap. 13 to test the significance of b via a t-test. Also construct a 90 % confidence interval for b.
Question 65 of Chap. 13
Use the data given in question 24 of Chap. 2 to estimate the regression coefficients for a regression of J&J’s current ratio on the pharmaceutical industry’s current ratio.
Question 24 of Chap. 2
You are given the following financial ratios for Johnson & Johnson and for the pharmaceutical industry:
Transcribed Image Text:
Year 79 80 81 82 83 84 85 86 87 88 Year 79 80 81 82 83 84 85 86 87 88 Current ratio Industry 2.30 2.29 2.18 2.12 2.12 2.09 2.19 1.91 1.86 1.93 ROA Industry .11 .11 .10 .11 .11 .10 .10 .10 .09 .12 J&J 2.73 2.55 2.50 2.50 2.66 2.41 2.47 1.40 1.86 1.88 J&J .12 .12 .12 .12 .11 .11 .12 .06 .13 .14 Inventory Turnover Industry 2.17 2.22 2.34 2.30 2.34 2.40 2.27 2.38 2.24 2.27 Pricelearnings Industry 12.04 15.03 28.02 15.19 14.56 14.88 17.98 23.46 35.09 15.98 J&J 2.71 2.70 2.78 2.38 2.28 2.37 2.45 2.33 2.27 2.32 J&J 13.76 15.35 14.79 17.79 15.90 13.14 15.66 35.47 15.50 14.88
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
Saikumar Ramagiri
Financial accounting:- Journal and ledgers, preparation of trail balance and adjusted trail balance Preparation of income statement, retained earning statement and balance sheet Banks reconciliation statements Financial statement analysis Cash flow statement analysis (both direct and indirect methods) All methods of Depreciations Management Accounting:- Ratios Budgeting control Cash budget and production budget Working capital management Receivable management Costing:- Standard and variance costing Marginal costing and decision making Cost-volume-profit analysis Inventory management (LIFO, FIFO) Preparation and estimation of cost sheet Portfolio management:- Calculation of portfolio standard deviation or risk Calculation of portfolio expected returns CAPM, Beta Financial management:- Time value of money Capital budgeting Cost of capital Leverage analysis and capital structure policies Dividend policy Bond value calculations like YTM, current yield etc International finance:- Derivatives Futures and options Swaps and forwards Business problems Finance problems Education (mention all your degrees, year awarded, Institute/University, field(s) of major): Education Qualification Board/Institution/ University Month/Year of Passing % Secured OPTIONALS/ Major ICWAI(inter) ICWAI inter Pursuing Pursuing - M.com(Finance) Osmania University June 2007 65 Finance & Taxation M B A (Finance) Osmania University Dec 2004 66 Finance & Marketing. B.Com Osmania University June 2002 72 Income Tax, Cost & Mgt, Accountancy, Auditing. Intermediate (XII) Board of Intermediate May 1999 58 Mathematics, Accountancy, Economics. S S C (X) S S C Board. May 1997 74 Mathematics, Social Studies, Science. Tutoring experience: • 10 year experience in online trouble shooting problems related to finance/accountancy. • Since 6 Years working with solution inn as a tutor, I have solved thousands of questions, quick and accuracy Skills (optional): Technical Exposure: MS Office, SQL, Tally, Wings, Focus, Programming with C Financial : Portfolio/Financial Management, Ratio Analysis, Capital Budgeting Stock Valuation & Dividend Policy, Bond Valuations Individual Skills : Proactive Nature, Self Motivative, Clear thought process, Quick problem solving skills, flexible to complex situations. Achievements : 1. I have received an Award certificate from Local Area MLA for the cause of getting 100% marks in Accountancy during my Graduation. 2. I have received a GOLD MEDAL/Scholarship from Home Minister in my MBA for being the “Top Rank student “ of management institute. 3. I received numerous complements and extra pay from various students for trouble shooting their online problems. Other interests/Hobbies (optional): ? Web Surfing ? Sports ? Watching Comics, News channels ? Miniature Collection ? Exploring hidden facts ? Solving riddles and puzzles
4.80+
391+ Reviews
552+ Question Solved
Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
Question Posted:
Students also viewed these Business questions
-
Redo questions 52 and 53, using J&Js return on assets. Question 52 Use your results from the regression given in question 65 of Chap. 13 to test the significance of b via a t-test. Also construct a...
-
Redo questions 52 and 53, using J&Js inventory turnover. Question 52 Use your results from the regression given in question 65 of Chap. 13 to test the significance of b via a t-test. Also construct a...
-
Instructions: Below are the details to a specific scenario and instructions on how to present your findings. Scenario You tell your supervisor that you are taking a communication class. The...
-
Utility is a type of function that occurs in eco-nomics. When a consumer receives a units of a product, a certain amount of pleasure, or utility U, is gained. The following represents a typical...
-
Summarize your take from the case study "A Globally Integrated Supply Chain Delivery Quality Strategy", and answer the below questions. What the benefits of a single integrated Supply Chain process...
-
Dream Cakes bought some baking ingredients costing $12,500 on credit. The credit terms are 2.5/5 net 30 EOM. If Dream Cakes pays the invoice within 5 days after the purchase, how much should it pay?...
-
Consider the Gallo strategic decision. Describe how you would go about evaluating that decision.
-
Prepare Peg Joness response to Stephen Ruth. In January 2012, Northern Airlines merged with Southeast Air-lines to create the fourth largest U. S. carrier. The new NorthSouth Airline inherited both...
-
The OLAP (Online Analytical Processing) discussion gives examples of multidimensional information. Give your own example of useful three-dimensional information.
-
Again using your results from question 65 of Chap. 13, forecast the value of J&Js current ratio. Assume that the best forecast of the industrys current ratio is the mean of that ratio. Construct a 99...
-
Briefly explain how proxy error of x affects the results from a standard linear regression.
-
If the heat of combustion of urea, (NH2)2CO(s), at 25(C is 631 660 J mol-1 when the products are CO2(g), H2O(l), and N2(g), what is (H((298 for urea?
-
How can multilateral funds improve the support of a green and resilient development policy in emerging economies?
-
Electric vehicle (EV) reliability problems are frequently reported by drivers; however, for the first time, the rate of EV problems is lower than the rate of non-EV problems. Are urban areas prepared...
-
Due to climate change it is necessary to improve research skills and firm-level innovation in the agriculture sector. Discuss the experience that occurred in Carmens internship.
-
How much control should the HR department possess in a business/company?
-
What initiatives could small business owners make to ensure good corporate financial reporting procedures are followed in their company?
-
Repeat Problem 69, with the pressure now kept constant.
-
Find the equations of the ellipses satisfying the given conditions. The center of each is at the origin. Passes through (2, 2) and (1, 4)
-
In 2017, Wabash Corporation purchases two assets and places them into service (both are used property and have a 7-year MACRS recovery period): Asset #1: $1,300,000 cost; placed in service in...
-
Long Corporation has been unprofitable for several years and has substantial NOL carryovers. Therefore, the company has elected to use straight-line MACRS for property acquisitions. Long acquires,...
-
In 2017, Trish, a self-employed CPA and calendar year taxpayer, acquires and places in service an automobile and a personal computer. Pertinent data include the following: For each asset, calculate...
-
The following passage is a blog post written by Mike Hess, the Executive Director and founder of the Blind Institute of Technology in the United States. I have been legally blind since first grade....
-
Astrid has a $150,000 single-family rental house that was put into service on January 1, 2022. The land value of the lot is $20,000 and at the time of purchase she made $5,000 in capital...
-
A movie theatre wants to determine the price they should charge for a movie ticket to maximize the revenue. They experiment with different prices and the revenue earned. The results are in the table...
Study smarter with the SolutionInn App