Reference no: EM13979177
Suppose you get your master’s degree in civil engineering and have the three following career options upon graduation: you can work for a governmental agency, you can work for an established firm, or you can work for a startup company. If you work for the governmental agency, you will have a starting salary of $60,000 with guaranteed annual salary increases of 3% per year. If you work for the established firm, your starting salary will be $65,000 with 0 to 5% annual salary increases, distributed uniformly. If you work for the startup firm, you will have a starting salary of $55,000 with annual salary increases of -6% (i.e., salary decreases) to +14%, distributed uniformly. You plan on having a 30-year career and value money at 5%.
1. Conduct sensitivity testing/risk analysis to run 30 trials with randomly drawn salary increases or decreases across each year, for each alternative. This means that your salary may go up one year, but down the next. Record the NPV for each trial.
2. From your samples, determine the average, min, max and standard deviation of each alternative.
3. Use a scatter plot to show the sampled salary NPVs. Plot salary NPV along the y-axis and observation # along the x-axis. Plot all three series in the same chart, and be sure to label each series and label the chart axes.
4. Based on potential salary alone, which alternative would you pick, and why?
|
Flexible in oligopoly markets than in other market structure
: One reason why prices tend to be less flexible in oligopoly markets than in other market structures is because: A) Coordination tends to stabilize prices B) According to the kinked-demand model, a firm will tend to become worse off if it increases or..
|
|
Determine the effects on the quantity of capital per worker
: In the Solow growth model, suppose that the marginal product of capital increases for each quantity of the capital input, given the labor input. That is, we relax the assumption that there are diminishing returns to capital and instead assume there a..
|
|
Foundation for future discussions
: Within the Discussion Board area, write 600-800 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use example..
|
|
Analyze the perfect bayesian equilibrium of this game
: B is offering to buy an object from S. S values the good at $4 ( type H), or $3 (type M), or $2 (type L). But S's exact valuation is unknown to B, who simply attaches equal probabilities, a fact commonly known to both players. B values the good at $5..
|
|
Determine average-min-max-standard deviation of alternative
: Suppose you get your master’s degree in civil engineering and have the three following career options upon graduation: you can work for a governmental agency, you can work for an established firm, or you can work for a startup company. Conduct sensit..
|
|
Make realistic adjustments to the hours
: Resolve any resource over-allocations by manually reducing the hours for the relevant resources for relevant tasks. Make realistic adjustments to the hours (note that the work-week is 56 hours since Saturdays and Sundays are work days on this proj..
|
|
Expository writing homework
: Create a works cited page placing the following works in the correct order and format. Include corresponding in text citations as needed. Format the paper using MLA style.
|
|
Hackers: the internet''s immune system
: The beauty of hackers, says cybersecurity expert Keren Elazari, is that they force us to evolve and improve. Yes, some hackers are bad guys, but many are working to fight government corruption and advocate for our rights. By exposing vulnerabilities,..
|
|
Research demographic and economic trends
: In a small group, research demographic and economic trends related toChindia's power and its impact on marketers in the Asia. Make a presentation, and support your discussion of these trends with statistics?
|