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1.The 2018 statistics shows that the average life expectancy of females in Canada has risen to 83.9 years. Assuming the standard deviation of their life expectancy was 7.4 years, determine the minimum percentage of females in Canada whose life expectancy was between 75.02 and 92.78 years.
2.A home security company claims that the reliability rate of their home security system is 90%. If sixteen homes are equipped with this system experience an attempted break-in, what is the probability that no more than three alarms are triggered?
Discussion Consider and discuss the effects of access to health care insurance on the overall health of the population and whether access to health care insurance improves, diminishes, or has no effect on the overall health of individuals.
Two laws that affect the operations of labor markets are the minimum wage law and the right to work law (where a person can choose to join a union). Who benefits and who loses from each of these laws. Give at least two examples each.
Consider a person A, who is extremely thirsty. His maximum willingness to pay chart is given below. Glasses of water Maximum willingness to pay 1st glass $10 2st glass $6 3st glass $3 4st glass $1 From his fifth glass onwards, A is not willing to pay..
Consider two firms, A and B, which simultaneously set prices in every period. Firm A has marginal cost of cA = 6, while firm B has marginal cost of cB = 10. Assume no fixed cost. Market demand in each period is given by. Which price would firm A char..
q1. i cant seem to figure out how to calculate. if you given the amount of money an individual will earn during their
An economist working for a private information service argues that it would be better for the US economy if the USDA stopped providing public information on crop production levels and projected prices.
Explain how Ibn Khaldoun view traders, including types of traders, the importance of traders to the economy, the necessary skills for successful traders, and role of connections in a trader’s success.
Racing Motors is introducing a new product and has expected change in net operating income of $300,000. Racing Motors has a 34% marginal tax rate. This project
A farmer uses three inputs to produce vegetables: land, labor, and capital. The production function for the farm exhibits diminishing marginal rate of technical substitution. What happens to the cost-minimizing quantities of labor and capital for a g..
Identify the most important instance of human activity on the environment that you personally witnessed.
How will it affect the productivity, technological innovation, and GDP if the financial industry is able to lure highly skilled graduates into the financial
I am also going to invest $ 100000 of my saings which were earning an average annual rate of 6 % what is my opportunity cost of opening a restaurant?
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