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Some individuals have an inherent distrust of quantitative analysis because they realize that statistics can be manipulated to provide a desired interpretation. Sometimes the application of regression analysis pertains to knowing about an error term in the regression equation.
1. Discuss your experiences with quantitative analysis. Are you one of those who have a distrust of quantitative analysis?
In Chicago 120 people are wants to work as cashiers if the wage is $6 a hour. For each $1 that the wage rises above $6 an additional 40 people are wants to work as cashiers.
Variance Inc. is in a relatively unstable environment with more frequent changes in technology, competition, and regulation. Both produce the same number of products. Which firm is more likely to be functionally organized? Explain why.
Read the excerpt below from an article titled "Delta buys refinery, becoming first airline to make own fuel" (Reuters, 5/1/2012). The more context specific your answers are the better. a. What might be the value generating benefits of this vertic..
The Ski Pro Corporation, which produces and sells to wholesalers a highly successful line of water skis, has decided to diversify to stabilize sales throughout the year. The company is considering the production of cross-country skis.
Identify any dominated strategies in this game, or explain why there are none. What are the pure-strategy Nash equilibrium to this game?
the following question requires complete understanding of interactions between production and profit maximization. be
1.If the industry under perfect competition faces a downward sloping demand curve, why does an individual firm face a horizontal demand curve?
There has been an increased emphasis on compensating employees through incentive pay. High incentive pay, however, is not likely to be productive in all settings. Discuss the factors that are likely to favor paying high incentive pay to employees.
What might have motivated management to make this dramatic increase in leverage, given that it placed the firm in a near "financial crisis"?
What is the measuring of economic of scope and how do they differ from economics of scale? Provide examples in discussion.
Make some research on a topic known to economists as 'friction-free' or 'low-friction' economy. Early writers on this topic foresaw many of the seismic shifts that have occurred in the market place over last one to 2-decades.
What is the maximum capital cost of the conversion unit for which a refiner should proceed with the investment - Change the price delta for Jet Fuel & Kerosene from ($5) to zero. What is the maximum viable capital cost now?
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