An analyst is reviewing the following quotes from around the world:
In New York: $1 = Y(JPY)120. In Tokyo: AU$1 (Australian Dollar) = Y(JPY)60. In Sidney: $1 = AU$2.3.
What is the true cross rate between the AU$ and the Y(JPY)?

Henry Clay is employed by a investment bank based in New York and is working in the country
Waselia. It is legal in Waselia for management and their friends to trade based on non-public material information. Clay is provided non-public material information verbally by insiders of a firm, and trades based on that information.

An investor seeking to capitalize on a strong market upswing reduces her money market holdings and greatly increases her holdings of stocks. This investor is primarily increasing:

A sample mean possesses all of the following properties EXCEPT

Which of the following statements is true with respect to a statistical decision and an economic decision?
I). When in conflict, a statistical decision must override an economic decision since the former is an objective test.
II). A statistical decision will always be objective whereas an economic decision may be subjective.
III). If the statistical decision is not to reject the null, it simply implies that the sample results were inconclusive.
IV). A statistical decision may easily be influenced by changing the level of significance of the test.