It is july 2014. a mining company has just discovered a small deposit of gold. it will take six months to construct the mine. the gold will then be extracted on a more or less continuous basis for one year. futures contracts on goldareavailable with delivery months every two months from august 2014 to december 2015. each contract is for the delivery of 100 ounces. discuss how the mining company might use futures markets for hedging.

Stephen barrett, md previous writing experience ?

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.

Individual consumers belong to which step of choosing a target market? possible customers competition demographics communication