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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
Monetary approach, elucidate the process by which a balance of payments deficit is corrected under a flexible exchange rate system?
Describe the Soviet Rapid Development Model
Assume total benefits also total costs are given. Elucidate level of Y will yield the maximum net benefits.
Calculate the Consumer Price Index in each year and calculate the inflation rate from 2010 to 2011 and then from 2010 to 2013 using the calculated CPIs.
Illustrate what would be a good company with a product or service that would be worthy of further exploration down the line and why.
Important information regarding calculating elasticity for each of the given variables
The intent of this week exercise is to familiarize with EXCEL and to gain experience and practice in interpreting the output generated by most statistical packages (EXCEL) when linear regressions are run on a set of data.
For a perfectly competitive syrup producer whose average total cost curve does not change, an economic profit could turn into an economic loss if;
The low wages offered by employers in the state have given fewer teenagers the incentive to find summer employment. Instead of working all summer, the way we used to do, today's teenagers slack off and cause trouble. To address this problem, I pro..
Explain how does the distinction among nominal and real interest rates add uncertainty to the effect of monetary policy on the economy.
Find out more about the airline industry. What is the price elasticity of supply for the airline industry.
Assume you are given the following information about a particular industry, Determine the equilibrium price, the equilibrium quantity, output supplied by the firm, and the profit of each firm.
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