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Faculty Classroom Hours. The dean of a university estimates that the mean number of classroom hours per week for full-time faculty is 11.0. As a member of the student council, you want to test this claim. A random sample of the number of classroom hours for eight full-time faculty for one week is listed below. At alpha = 0.01, can you reject the dean's claim?
11.8 8.6 12.6 7.9 6.4 10.4 13.6 9.1
Show your hand calculations OR explain how you used Excel to solve.
A student taking economics, statistics, and finance has decided to spend 9 hours per week studying. The objective is to maximize the average grade, which means maximizing the total grade in the three courses. How should the student allocate her time?..
If one site does not have that many issues you can identify, then please select a second page in order to meet the assignment requirements.
at an annual general inflation rate of f . Also, i = 9%. What is the amount A in actual dollars equivalent to A’ = $1,000 in constant dollars? Please provide step by step detail.
Burlington Coat Factory Warehouse, Inc., had a dress code that required male salesclerks to wear business attire consisting of slacks, a shirt, and a necktie. Female salesclerks, by contrast, were required to wear a smock so that customers could read..
From a random sample of 6 students in an introductory finance class that uses? group-learning techniques
Suppose the nominal tariff rate on rice crackers is 0.15 (15%), and the tariff on rice (the ingredient used to make rice crackers) is 0.1 (10%). The ratio of the value of rice to the value of rice cracker is 0.9. What is the effective protection rate..
Monopolistically competitive firms
Find out the optimal crude oil allocation in the preceding example if the profit associated with fiber were cut in half, that is, fell to $.375 per square foot.
Suppose David spends his income (I) on two goods, x and y, whose market prices are px and py, respectively. His preferences are represented by the utility function u (xy)= lnx + 2 ln y (MUx=1/x, MUy=2/y). Derive his demand functions for x and y.
What do these values mean with respect to inequality? (The area between the Lorenz curve and the outside of the box is 0.33 for 1990 and 0.27 for 2000).
If a country has the comparative advantage in producing cloth, in the market for cloth the autarky price would be _____ the world price and the country would _____ cloth.
Consider Bertrand competition with homogeneous products. Two firms, 1 and 2, produce an identical product and compete by choosing price. Consumers buy from the firm with the lower price. If the prices are identical, however, assume all consumers buy ..
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