User Account

All Pages

Calculate the standard deviation of tree age

Assignment Help Business Economics
Reference no: EM133080184

Suppose the national forest contains 1,000,000 trees, and that the age of trees in this forest is normally distributed with a mean of 225 years, and a standard deviation of 150 years;

-What is the probability that a tree in this forest is more than 135 years old?

-Suppose a sample of 90,000 trees is randomly selected from this forest, calculate the standard deviation of tree age for this sample.

-Calculate the probability that a sample of 40,000 trees drawn at random from this forest has an average age between 223.5 and 226 years old?

Reference no: EM133080184

Questions Cloud

Compute timpanogos inc tax liability : Premiums paid on the key-person life insurance policies. The policies have no cash surrender value 21,000. Compute Timpanogos Inc.'s tax liability for 2020
PUB010-6 Dissertation Assignment : PUB010-6 Dissertation Assignment Help and Solution, University of Bedfordshire - Assessment Writing Service
Calculate her beginning of the month payment : Marge purchased a new vehicle for $30,000. The residual value of the vehicle is $10,000. Calculate her beginning of the month payment
What is the deferred tax liability at year-end : An entity reported the following information during the first year of operations: Pretax financial income P 9,000,000. What is the deferred tax liability
Calculate the standard deviation of tree age : Suppose the national forest contains 1,000,000 trees, and that the age of trees in this forest is normally distributed with a mean of 225 years, and a standard
Hat other non-financial considerations you would take : If the discounting rate is 10%, would you undertake the project. What other non-financial considerations you would take into effect when you make this decision
Understanding the economy : 1. What words come to mind, both positive and negative, when you think about budgeting?
Similarities between islam and hinduism religion : What are the similarities between islam and hinduism religion?
Responses of caribbean governments : In the face of globalization, Caribbean Economies are increasingly required to become competitive. There are several areas that must be given priority

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd