The enrollments of the 13 public universities in the state of Ohio are listed below. College Enrollment
University of Akron 26,106
Bowling Green State University 18,864
Central State University 1,718
University of Cincinnati 44,354
Cleveland State University 17,194
Kent State University 41,444
Miami University 23,902
Ohio State University 62,278
Ohio University 36,493
Shawnee State University 4,230
University of Toledo 20,595
Wright State University 17,460
Youngstown State University 12,512
a. Is this a sample or a population?
b. What is the mean enrollment?
c. What is the median enrollment?
d. What is the range of the enrollments?
e. Compute the standard deviation.

You are chairman of the board of a successful technology firm. there is a nominal federal corporate tax rate of 35 percent, yet the effective tax rate of the typical corporation is about 12.6%. your firm has been clever with use of transfer pricing and keeping money abroad and has barely paid any taxes over the last 5 years; during this same time period, profits were $28 billion. one member of the board feels that it is un-american to use various accounting strategies in order to avoid paying taxes. others feel that these are legal loopholes and corporations have a fiduciary responsibility to minimize taxes. one board member quoted what the ceo of exxon once said: “i’m not a u.s. company and i don’t make decisions based on what’s good for the u.s.” what are the alternatives? what are your recommendations? why do you recommend this course of action?

Suppose your rich uncle gave you $50,000, which you plan to use for graduate school. you will make the investment now, you expect to earn an annual return of 6%, and you will make 4 equal annual withdrawals, beginning 1 year from today. under these conditions, how large would each withdrawal be so there would be no funds remaining in the account after the 4th withdraw?

Consider the following two projects. both have costs of $5,000 in year 1. project 1 provides benefits of $2,000 in each of the first four years only. the second provides benefits of $2,000 for each of years 6 to 10 only. compute the net benefits using a discount rate of 6 percent. repeat using a discount rate of 12 percent. what can you conclude from this exercise?