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Consider the following hypothesis test, answer the given questions
Ho : μ = 17
Hα : μ ≠ 17
A sample of 25 gives a sample mean of 14.2 and sample variance of 25.
a. At 5% should the null be rejected?
b. Compute the value of the test statistic
c. What is the P-value?
d. What is your conclusion?
Two firms both have the same constant marginal cost of $20 ≥ 0 and zero fixed cost; market price P = 140 − 2(q1 + q2). Both firms choose outputs to compete. Find the subgame perfect equilibrium outcome of the Stackelberg Duopoly game with Firm 1 movi..
Investigate the "Standards Development" process for IT type products and interfaces. Identify at least two ways that standards are agreed to.
q.in 2009-2010 when the economy was in a deep slump the fed had taken interest rates to zero increase in money supply
A local sports bar routinely promotes sporting events, such as the Super Bowl, the NCAA Sweet Sixteen tournament, the BCS games, the Masters, NBA and NFL playoffs, NHL, baseball, NASCAR, and key curling bonspiels.
1.in march 2002 american airlines implicitly increased the price for low-priced business tickets. competitors did not
The reserve requirement, open market operations, and the money supply. Which of the following statements help to explain why, in the real world, the Fed cannot precisely control the money supply? Check all that apply. The Fed cannot prevent banks fro..
Reflect on a recent experience you have had as a customer. Was the customer service a good experience or a bad experience? Describe the experience. Explain your feelings. Now imagine that you are the manager of that department. As the manager, what w..
You make monthly deposits of $1,000 in a bank starting at the end of month 1 and lasting 5 years (the last deposit is at the end of month 60). What is the future value of these deposits right after your last deposit? Assume the nominal annual interes..
Identify and briefly describe TWO distributed consensus protocols. State clearly in what way do you foresee that erypto-currency is change future of business.
According to BIGresearch, holiday shoppers spent an average of $373 over the Thanksgiving weekend in 2008. The following data show the amount spent by a random sample of holiday shoppers during the same weekend in this year: $427 $274 $370 $238 $222 ..
A deceptive practice is that one that misleads a _______consumer and where the conduct resulted in some sort of detriment to the consumer.
The utility function of a consumer is given by U = log(b) + log(c) where b and c are the consumption levels of barley and corn. Assume that the price for both goods is $1 and that the consumer has an income of $100. Calculate the optimal quantities o..
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