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Recently, students in a marketing research class were interested in the driving behavior of students. Specifically, the marketing students were interested if exceeding the speed limit was related to social activity. They collected the following responses from 100 randomly selected students: Speeds Does not speed Males 40 25 Females 10 25 Using 0.05 as the significance level, what is the critical value for the test statistic?
Abby consumes only apples. In year 1, red apples cost $1 each, green apples cost $2 each, and Abby buys only 10 red apples. In year 2, red apples cost $2, green apple costs $1, and Abby buys only 10 green apples.
Using summation notation, write an expression for the Net Present Value expressed in real dollars, assuming the cost of medical care will rise 3 percent faster than other prices. Using summation notation, write an expression for the Net Present V..
which country has the greater opportunity cost of producing olive oil b)the country which would end up exporting wine and which would export olive oil after the elimination of trade barriers.Olive Oil yield 40 barrels 30 barrels
Mr. Shanku has borrowed dollars in the US but is now concerned regarding its currency risk. What alternatives does he have to limit his risk.
Explain the meaning of value added & its importance in the income approach. Consider the data for the selling price at each stage in the production of a 5 lb bag of flour sold by your local grocer. Use the value-added approach to calculate the fin..
Draw an AS/AD diagram which shows what happens if strong growth in AD has pushed actual RGDP to a level above potential (full employment) RGDP.
Corn is used in the production of ethanol, which is a substitute for gasoline that can be blended with gasoline to stretch oil supplies in producing refined gasoline. Much of the farmland in the America Midwest can be planted with either wheat or ..
In current years non-tariff barriers have gained in importance as a protectionist device. Describe and evaluate the major non-tariff trade barriers.
Economists are in almost universal agreement that Free Trade is good for all countries. Explain why are they in such universal agreement.
Index funds were also first offered during the 1980s. These funds allowed investors to become cheaply diversified from idiosyncratic risks faced by individual companies while still allowing them to capture the returns from the broad stock market.
Write a brief description of the fiscal policy of the United States and would you describe it as "expansionary" or "contractionary"?
Describe why the understatement of inventory by 66,000 at then end of 2004 results in an understatement of equity by same amount in that year.
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