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1) The mean incubation time of fertilized eggs is 19 days. Suppose the incubation times are approximately normally distributed with a standard deviation of 1 day.
a) Determine the 17th percentile for incubation times.
b) Determine the incubation times that make up the middle 39?%.
2) The number of chocolate chips in a bag of chocolate chip cookies is approximately normally distributed with mean 1261and a standard deviation of 118.
a) Determine the 27th percentile for the number of chocolate chips in a bag.
b) Determine the number of chocolate chips in a bag that make up the middle 98% of bags.
c)? What is the interquartile range of the number of chocolate chips in a bag of chocolate chip? cookies?
Create detailed Pseudocode for a program that calculates how manydays are left until Christmas, when given as an input how many weeksare left Christmas. Use variable named weeks and days.
When firms decide to pay efficiency wages, the number of workers who want a job at this higher wage will (increase/ decrease)
How much do you have to deposit today in order to allow 9 annual withdrawals, beginning at the end of year 17, with a first withdrawal of $1748 and with subsequent withdrawals decreasing at the rate of 4% over the previous year’s withdrawal? Assume a..
Why do we say there is no unemployment in our standard frictionless model? And why do we HAVE unemployment in a labor market with frictions?
Are their any impacts of an exchange rate system on exports and imports.
calculated the price to be $7 and quant to be 5 on first part. After, I thought the price would be $7.67. Is this correct? and if not, please explain. show the changes in the equilibrium price and quantity.
For each of the following events, explain what is likely to happen to the labor force participation rate:
A problem encountered when implementing an "infant industry" tariff is that:
Consider a simplified model of preventive care. Suppose that there is only one disease, flu, which can be eliminated by taking a flu shot, with a cost of $110. The probability of getting flu is 0.2. Calculate the variance and associated risk premium...
To purchase a house for $80,000, a new couple has $12,000 available for down payment. get a new standard mortgage with 10% APR interest compounded monthly for a 30-year term. What is the effective rate for option 2 per year? Compute the monthly payme..
What do you think some future environmental disasters will be? What can we do to be better prepared for them?
A college graduate is $24,000 in debt from her loans. The interest rate on the debt is 0.75% each month. The monthly payments are $432.61. How many moths will it take to pay off the debt?
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