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1. Suppose annual salaries for sales associates from a particular store have a mean of $32,500 and a standard deviation of $2,500. Calculate and interpret the z-score for a sales associate who makes $36000. Suppose that the distribution of annual salaries for sales associates at this store is bell-shaped. Use the empirical rule to calculate the percentage of sales associates with salaries between $27500,000 and $37,500.
2. In a statistics class 10 scores were randomly selected with the following results were obtained (mean=71.5): 74, 73, 77, 77, 71, 68, 65, 77, 67, 66. Compute the variance and 90th percentile
Aaron Hank is a star hitter for the Bay City Baseball team. He is close to breaking the major league record for home runs hit during one season, and it is widely anticipated that in the next game he will break that record.
devaluation was comduct after the purchase and additional investment were completed, what is the new ROI.
Consider the following statement: "government funded projects intended to serve as 'prestige projects,' such as the 'big dig' should not be judged on the basis of cost." do you agree or disagree with this statement? Why?
microeconomic problemmary produces both hats as well as apple piesif mary uses all her resources to produce hats she
The table below shows the market basket quantities and prices for the base year year 1.Base year 1 Price in price Quantity base year yr 2 Product.
When McDonald's Corporation reduced the price of its Big Mac by 75 percent if customers also purchased french friesand a soft drink.what do you think disrupted McDonald's plans.
If the price of 1 pound of cereals is $10 and the price of a sword is $100, what is the wage rate paid to Hobbits in the Shire? How many Hobbits work in the cereal sector? In sword sector? Because of the War of the Ring, the price of a sword went ..
Profit-maximizing behaviour on the part of firms explains why the short-run aggregate supply curve is upward-sloping. Is this statement true, false, or uncertain? Explain your answer.
Be sure to describe the two step method used in FASB 52 and how highly inflationary economies
Discuss the upshot of this policy in terms of a new equilibrium. Is this policy likely to have a negative repercussion on the crime rate? Can you come up with an idea concerning a major drawback of this policy?
Suppose that the government increases taxes and government purchases by equal amounts. What happens to the interest rate and investment in response to this balanced-budget change? Does your answer depend on marginal propensity to consume.
Illustretae what is the relationship among quality, consumption and demand for health care services.
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