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1) Population (parametric) mean= 53.501
Standard deviation = 1.79208
Imagine that 5 individuals are sampled at random from this population. Calculate the probability that the average calculated will be less than the value: (population - (st.dev/3))
2) The average number of squirrels you come across on campus is 4.1. What is the probability of observing at most three squirrels? Assume that squirrels are randomly distributed and that each squirrel is an independent observation.
3) 15% of a specific population of rainbow trout carry intestinal parasites. Assume 9 random samples are obtained from this population.
a) Calculate the probability that 1 carry intestinal parasites.
b) Calculate the probability that at least 2 individuals carry intestinal parasites.
What effects would each of the following have on aggregate demand or aggregate supply, other things equal? In each case use a diagram to show the expected effects on the equilibrium price level and the level of real output, assuming that the price le..
q.firms often face the problem of allocating an input in fixed provide among different products. find out the optimal
A salted caramel mocha is 6$ and a regular coffee is $2.50. Write out the sample space for this experiment. Write out X
Is the industry or industries in which the firm operates conducive to abnormally high rates of return.
Suppose an individual dairy farmer in Northamptonshire decides that going price for milk is too low. Explain effects of this strategy.
Suppose the value of a stock varies each day from $12 to $27 with a uniform distribution. Find µ.
If the top 1% of the students receive a $400 scholarship, what is the minimum score a student would need to score to receive the award?
How rapidly have state and local taxes grown in Texas state from 2014-2018? Is that faster or slower than growth in state personal income and the rate
Bailey, Inc., is considering buying a new gang punch that would allow them to produce circuit boards more efficiently. The punch has a first cost of $100,000 and a useful life of 15 years. At the end of its useful life, the punch has no salvage value..
For this paper, you will research and construct a corporate profile for a publicly-traded company which operates in cyberspace and therefore has a need for cybersecurity products and services. A list of approved companies appears at the end of thi..
Demonstrate and discuss the effects of imposing a new industry-wide minimum safety standard. Under what circumstances might such a minimum safety standard leave at least some workers better off than they were before government intervention?
How your organization's production function is related to its marginal product of labor.
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