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A process for filling cans of tomato sauce at a particular plant yields cans with sodium levels having a bell-shaped (i.e., approximately normal) distribution with an estimated mean of 460 mg and standard deviation of 20 mg.
a) Apply the Empirical Rule to describe the sodium levels of the cans filled at the plant.
b) Would a sodium level of 430 mg be considered an outlier? Why or why not?
1 a newspaper recently lowered its price from 3 to 1. as it did the number of newspapers sold increased from 240000 to
If neither company discounts its current prices, each company will end up with $400K in revenues for the month. If Company A discounts its prices and Company B does not, Company A will end up with $650K of revenues for the month.
The demand function for the product of a monopolistically competitive firm is given by P = 600e-0.08Q-Write the demand elasticity function E(P).
Others meter water use and charge according to the quantity of water customers use. Compare the way the two systems would affect the cost of water use at the margin and the use of water by rational consumers.
Almost all of the fossil fuels that we are now currently using were formed during the Carboniferous period. (b) There seems to be a strong correlation between increases in the availability of food energy per person and increases in human populati..
commercial recording inc. is a manufacturer and distributor of reel to reel recording decks for commercial recording
What do you think would be the best time of year to raise prices of flowers, and why and what do you think the elasticities are in the flower business?
Linus sells hot dogs outside the Dakota Dome during tailgating. He needs exactly one hot dog and one bun to create a hot dog he can sell. Assume no condiments.
Each class member shall prepare a written report concerning the performance of a company of their choice and based upon observation period, offer forecast of companies' future sales and revenue
1. suppose that an individual has a utility function uc h lnc hcrepresents consumption of a necessity good such as
Flight to Safety
the world bank is currently advising newly industrialized countries on how to encourage growth and they have asked for
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