shivamrajbhar950

shivamrajbhar950

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Shivam RajbharUniversity of British Columbia - Okanagan

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Architecture4Project Management1History3Law1Management1English6Business3Marketing1Science1Electrical Engineering3Ethics1Information Technology8Algebra3Precalculus1Engineering1Computer Science7Accounting6Calculus8Biology6Mathematics6Statistics4Physics11Finance6Economics10Chemistry12
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WEEK2 please read it and write down your ideas ?

Some of the recommendations that I would make would be to have the couple consider meeting with members from of a few different financial institutions. Each financial advisor could review their current financial situation and offer them the best way to manage their money and explain the different options they each have to offer. When considering some of the management services that are available they include local banks, credit unions, stock brokerage firms, financial service companies and insurance companies. (Table 5-1 p.141) It is a good idea to speak with someone regarding their monetary assets and make sure that they are earning the most interest while building up their accounts. It is also important to make sure that they are not being charged unnecessary monthly fees. I believe the best use for their savings and checking accounts would be to establish a relationship account with a financial institution of their choice. I have one and it combines the total of all my monetary assets so that I do not have to pay any fees at all. It includes savings, checking, CD, and my mortgage. By combining them, I also receive a higher rate of return and have no limits on check writing, ATM withdrawals, transfers, and no fee for cashier’s checks. It also provides the convenience of conducting all my banking at one location. I believe with all the accounts they presently have at different financial institutions; it might be a good idea to look into find one that might be able to combine and manage all their assets. The use of electronic banking can prove to be very useful. It is important to create an online account to help monitor transactions and the money that has been transferred and debits that are made from an account. Especially if the use of debit card is used more often than cash for purchases and bill pay. As mentioned in the text “There are costs that are assessed with the use of some electronic banking” (p.154). It is important to discuss the policies and fees prior to using such services. The use of such electronic banking services can serve as a checks and balance system. It allows you to compare the activity of checks cashed, debits made as well as transfers.

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1.The Ice Chalet offers dozens of different beginning ice-skating classes. All of the class names are put into a bucket. The Monday night (ages 8 to 12) beginning ice-skating class was picked. In that class, there were 64 girls and 16 boys. Suppose that we are interested in the true proportion of girls (ages 8 to 12) in all beginning ice-skating classes at the Ice Chalet. Assume that the children in the selected class are a random sample of the population.

Define the random variable X.

a. the number of beginning ice-skating classes b. the time of the beginning ice-skating class     c. the number of girls, ages 8 to 12, in the beginning ice-skating class d. the number of boys, ages 8 to 12, in the beginning ice-skating class e. the total number of children in beginning ice-skating classes   2. A poll of 1,200 voters asked what the most significant issue was in the upcoming election. Sixty-five percent answered the economy. We are interested in the population proportion of voters who feel the economy is the most important.

What would happen to the confidence interval if the level of confidence were changed from 90% to 95%?   a. The confidence interval would become narrower because it would have to account for more variation. b. The confidence interval would become wider because it would have to account for more variation.     c. The confidence interval would become narrower because it would have to account for less variation. d. The confidence interval would become wider because it would have to account for less variation. e. There would be no change.
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