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A random sample of 100 credit sales in a department store showed an average sale of $120.00.From past data, it is known that the standard deviation of the population is $40.00.
Determine the standard error of the mean.
With a .95 probability, determine the sampling error?
What is the 95% confidence interval estimate of the population mean?
three months ago you purchased at par a 100000 bond with a stated interest rate of 5. today the federal reserve
Describe the factors that may cause economies and diseconomies of scale. Give an example of each. Describe the economic concept of the law of diminishing marginal returns. Please give an example. Why is this important?
What are the current implications of high energy costs in the information sector and what is the potential significance of using cloud computing technologies to lower energy consumption?
First write down the assumptions and state the utility maximization problem for a single-member household that is agriculturally productive but has no access to labor markets.
The upper graph is for perfectly competitive firm. The lower graph is for the monoploist. Employ the graphs to answer the following questions: What is the firm's Total Revenue?
Suppose the own price elasticity of demand for good X is -4, its income elasticity is 3, its advertising elasticity is 4, and the cross-price elasticity of demand between it and good Y is 4. Determine how much the consumption of this good will change..
A domestic shoe company distributes running shoes and tennis shoes for $95 per pair. The marginal cost of producing a pair of running shoes is $60, and the marginal cost of producing a pair of tennis shoes is $45.
When trying to assess differences in her customers, Claire - the owner of Claire's Rose Boutique - noticed a difference in the typical demand of her female versus her male customers
econometrics homework.2.12nbspnbsp table 2-9 gives data on the consumer price index cpi for all items 1982-1984100 and
What is the CPI (Consumer Price Index) and what significance does it hold in regards to goods and services? Please explain in detail.
describe both quotas and tariffs. how do they impact domestic prices and deadweight loss? how does an import quota
What is the negative consumption externality described in this quote? Show this externality on a correctly labelled demand and supply diagram for the petrol market.
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