Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Basic Finance Expert

Make sense of data.

As a marriage counselor, you have gathered the following statistics:

a. The average age at which women marry for the fi rst time has increased by 1.5 years in the last decade.

b. The average age at which men marry for the first time has increased by 2.5 years in the last decade.

c. The number of people getting married for the first time has dropped by 13% in the last decade.

d. The number of divorces has increased by 22% in the last decade.

e. The average number of years couples remain married has decreased by 2.8 years in the last decade.

f. The number of people who were divorced more than once has increased 26% in the last decade.

g. The number of women between the ages of 20 and 50 entering the work force has increased by 12% in the last decade.

h. The number of men between the ages of 20 and 50 entering the work force has decreased by 8%.

i. The amount of debt for married couples has increased by more than 31% (an alltime high) during the last decade.

This is a lot of data, but what does it all mean? In groups of four or five people, discuss possible answers to the following questions. What trends can be identified in the data? What could the trends mean? How do the pieces of data relate to each other? Could one factor be causing another? If so, which ones? Before drawing any conclusions, what additional information would be helpful? What kind of visual aid would be best for showing these changes in the last decade?

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M92038997

Have any Question?


Related Questions in Basic Finance

You are a junior analyst and you have been asked to

You are a junior analyst and you have been asked to forecast sales for lululemon for 2012. At the end of 2011, lululemon operated 147 corporate stores in North America (42 in Canada and 105 in the US). Lululemon plans to ...

Question - four days ago you entered into a futures

Question - Four days ago you entered into a futures contract to sell €125,000 at $1.41 per euro. The spot exchange rate when you entered the contract was $1.37. Your initial performance bond was $7,300 and your maintenan ...

Your are the investment advisor for your aunt who would

Your are the investment advisor for your aunt who would like to invest $1,250,000 with a AAA rated insurance company that will pay her a "monthly" fixed-payment annuity for the next 20-years. Calculate the monthly paymen ...

A bmw dealership is charging a financing rate of 350 apr on

A BMW dealership is charging a financing rate of 3.50% APR on its M3 car. The payments are to be made bi-weekly (i.e., every two weeks). Alternatively, you can get a loan from a bank to buy the car. The bank asks you to ...

Quality home made ice cream has plans to pay decreasing

Quality Home Made Ice Cream has plans to pay decreasing annual dividends of $1.50, $1.25, and $1.00 over the next three years, respectively. After that, the firm will increase the dividend by 4% each year. What is the va ...

Suppose you are going to receive 14100 per year for six

Suppose you are going to receive $14,100 per year for six years. The appropriate interest rate is 6.9 percent. a. What is the present value of the payments if they are in the form of an ordinary annuity?  (Do not round i ...

A brewer is launching a new product brewed ginger ale with

A brewer is launching a new product: brewed ginger ale with a low alcohol content. The brewer plans to spend $3 million promoting this product this year, which is expected to expand its sales of this product to $12 milli ...

Ecolap inc ecl recently paid a 046 dividend the dividend is

Ecolap Inc. (ECL) recently paid a $0.46 dividend. The dividend is expected to grow at a 12.50 percent rate. The current stock price is $49.72. What is the return shareholders are expecting?

Rose berry is attempting to evaluate her expected return

Rose Berry is attempting to evaluate her expected return over the coming year. She holds shares in the following two companies, 60% in A and the rest in B. Expected Return State Probability of State Company A Company B B ...

Questions -1 choose two stocks in two different sectors

Questions - 1. Choose two stocks (in two different sectors) from Yahoo Finance (*these two companies should have been on the market for more than 3 years, and should also pay dividends historically). Download Monthly His ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As