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In the boom years of the late 1990s, it was often said that rapidly increasing stock prices were responsible for much of the rapid growth of real GDP. Explain how this could be true, using aggregate demand and aggregate supply analysis.
Tom Sevits is the owner of the Appliance Patch. Recently Tom observed a difference in the dollar value of sales between the men and women he employs as sales associates.
A cell phone company collects data from a random sample of 500 households. The results indicate that 135 of the households would add an extra cellular number, provided it was offered at a reduced monthly cost.
When modelling E(y) with single qualitative independent variable, number of 0 - 1 dummy variables in model is equal to number of levels of qualitative variable.
Determine the mean number of times the machine was used per day.
Which of the given properties doesn't apply to theoretical normal distribution?
What is the arithmetic mean selling price?
Some IQ tests are standardized to normal model with mean of 100 and the standard deviation of 16. Draw a model for these IQ scores, clearly label it , showing what the 65-95-99.7 rule predicts about the score.
Tavern has budget of $2,000 for beer for Super Bowl Sunday. Betty desires to find out number of gallons of each brand of beer to order so as to maximize profit. Create a linear programming model for this problem.
Testing equality of two means - difference in performance of the two gasolines and difference in gasoline mileage output
Suppose that the average annual salary for the worker in United States is $39,000.00 and that the annual salaries for Americans are normally distributed with a standard deviation equal to $7,000.00.
Researchers at the Brigham & Women's Hospital recruited 2,000 participants to study the relation between diet and cholesterol.
A committe studying employer-employee relations proposed that a rating system be adopted. Each employee would rate his or her inmediate supervisor and in turn the supervisor would rate each employee.
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