apnex, inc., is a biotechnology firm that is about to announce the results of its clinical trials of a potential new cancer drug. if the trials are successful, apnex stock will be worth $ 72 per share. if the trials are unsuccessful, apnex stock will be worth $ 18 per share. suppose that the morning before the announcement is scheduled, apnex shares are trading for $ 56 per share.

a. based on the current share price, what sort of expectations do investors seem to have about the success of the trials?

b. suppose hedge fund manager paul kliner has hired several prominent research scientists to examine the public data on the drug and make their own assessment of the drug's promise. would kliner's fund be likely to profit by trading the stock in the hours prior to the announcement?

c. which factors would limit the ability of kliner's fund to profit on its information?

Acompany is developing a new high­performance wax for cross country ski racing. in order to justify the price marketingwants, the wax needs to be very fast. specifically, the mean time to finish their standard test course should be less thanseconds for a former olympic champion. to test it, the champion will ski the course 8 times. the champion's times(selected at random) are 59.9 61.9 48.8 52.2 46.6 45.3 50.6 and 41.1 seconds to complete the test course. complete parts a and b below.a) should they market the wax? assume the assumptions and conditions for appropriate hypothesis testing are metfor the sample.assume=0.05. what are the null and alternative hypotheses? choose the correct answer below.b) suppose they decide not to market the wax after the test, but it turns out that the wax really does lower the champion'saverage time to less thanseconds. what kind of error have they made? explain the impact to the company of such anerror.

On average, someone with a bachelor's degree is estimated to earn times more than someone with a high school diploma. a)1.2 b)1.4 c)1.6 d)1.8

Ann chovies, owner of the perfect pasta pizza parlor, uses 20 pounds of pepperoni each day in preparing pizzas. order costs for pepperoni are $10.00 per order, and carrying costs are 4 cents per pound per day. lead time for each order is three days, and the pepperoni itself costs $3.00 per pound. if she were to order 80 pounds of pepperoni at a time, what would be the average inventory level?