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You are responsible for detecting the source of errors when the computer system fails. From your analysis you know that the source of error is the disk drive, computer memory, or the operating system. You know that 50% of the errors are disk drive errors, 30% are computer memory errors, and the remainders are operating errors. From the component performance standards you know that, when a disk drive error occurs, the probability of failure is 0.7; when a computer memory error occurs, the probability of failure is 0.6; and when an operating system error occurs, the probability of failure is 0.3. Using the information from the component performance standards, what is the probability of a disk drive error given that a failure occurred?
q1. in early2010 molly paid 200000 for a house built in 2000. she spent 30000 on new materials to remodel the house.
If the marginal revenue from a product is $15 and the price elasticity of demand is ? what is the price of the product?
Banks manage their assets in a variety of ways. Explain the importance of “liquidity management”? What is the concern of the bank in regard to the liquidity of its assets? What can banks do to management liquidity risk?
Suppose the own price elasticity of market demand for retail gasoline is -0.7, the Rothschild index is 0.6, and a typical gasoline retailer enjoys sales of $2,100,000 annually. What is the price elasticity of demand for a representative gasoline reta..
Every year, thousands of spring breakers flock to Mexico in search of a good time. They exchange millions of U.S. dollars for Mexican pesos. The Mexican central bank anticipates this and acts to keep its currency stable at the present exchange rate. ..
In a situation of a fixed exchange rate, explain why, in the monetary approach, an excess supply of money leads to a balance-of-payments deficit. Why is the deficit only temporary? How might advocates of the monetary approach explain a long-lasting d..
Find a 95% confidence interval for the true percent of car owners in this city who recieved a speeding ticket this year. Evalute your results to the nearest hundredth of a percent.
Illustrate what are equations for IS and LM curves. Illustrate What is equilibrium level of income and interest rate.
Fiscal policy, the money market, and aggregate demand Consider a hypothetical economy in which households spend $0.75 of each additional dollar they earn and save the remaining $0.25. The following graph shows the economy's initial aggregate demand c..
Consider we wanted to know how many trips versus dinners out you could purchase. If you were told that X = number of trips and Y = the number of dinners out and you were given the following budget information; M=4000, Px=800, and Py=100, What is the ..
Consider a Cournot duopoly with the inverse demand P= 260-2Q. Firms 1 and 2 compete by simultaneously choosing their quantities. Both firms have constant marginal and average cost MC=AC = 20. Find each firm’s best response function. Find the Cournot-..
Model the following situations as a game. Ensure that your game's payoffs match the situation. Your answer should consist of a payoff matrix, a short explanation, and an indication of the game's Nash equilibrium. You and your classmate plan to meet l..
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