Looking for completion of Discussion Week 5First, read the case Lehman Brothers: The Fall from Grace. (PDF Attached) Then answer the questions. In your initial response to the topic you have to answer all questions: What was the main reason of Lehman Brothers bankruptcy? Do you think Richard Severin Fuld Jr. to be held more directly accountable for its role in the Lehman Brothers fall? This isn’t the first bank’s bankruptcy. How do you think the bank’s industry should move forward in regaining public trust? Reflection – the students also should include a paragraph in the initial response in their own words, using finance terminology, reflecting on specifically what they learned from the assignment and how they think they could apply what they learned in the workplace or in everyday life. Please also note that your answers should be written in your own words. Don’t use quotes from the case.

Activity - You have just opened a restaurant in a large city, and you are deciding what you should charge for a regular-sized soda. You'd like to charge a price equal to the average of your competitors, which you believe is $2.58. To inform your decision, you want to learn more about the average price charged by competing restaurants in the area. You know you won't be able to get prices for every restaurant, so you randomly sample 35 and collect their soda prices. These data are in Soda.xlsx ( See the attached) 1. You are assuming the mean soda price is $2.58 for all of your competitors. When conducting data analysis to test this belief, what is this assumption called? 2. Calculate the t-statistic assuming the mean soda price for all of your competitors is $2.58. 3. Calculate the p-value for your t-statistic. 4. Using a confidence level of 90%, see whether the mean soda price of all your competitors is $2.58 using the t-stat. 5. Using a confidence level of 90%, see whether the mean soda price of all your competitors is $2.58 using the p-value. 6. Is it possible that your answers to parts d and e would yield different conclusions?