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A mood questionnaire has been established so that the scores form a normal distribution with μ = 50 and σ = 15. A psychologist would like to use this test to examine how the environment affects mood. A sample of N = 25 individuals is obtained, and the individuals are given the mood test in a darkly painted, dimly lit room with plain metal desks and no windows. The average score for the sample is = 43. a. Do the sample data provide sufficient evidence to conclude that the environment has a significant effect on mood? Use a z Test at the α = .05 level of significance.
1. Indicate whether a statement below is true or false by writing either T or Fnext to each. If false, give an example where the statement does not hold. (i) A Nash equilibrium maximizes the sum of utilities of the players in every game.
What can be said about the benefits and problems of each dimension (economic, cultural, political and environmental) of globalization? Is globalization a positive force overall?
Consider your decision about how many hours to work. a. Draw your budget constraint assuming that you pay no taxes (and receive no subsidies) on your income. On the same diagram, draw another budget constraint assuming that you receive a 20 percent s..
Suppose a firm produces two goods, pizzas and subs. Let Qp represent the number of pizzas produced and Qs represent the number of subs produced. The firm's cost function is given by TC= 4 + 12Qp + 4Qs. Calculate the average incremental cost for pizza..
Suppose that you are interested in studying the effect parental involvement has on children’s grades. You plan to measure parental involvement by asking the students a few survey questions. If you estimate your model using OLS, do you believe that an..
Substitutability of inputs is an important characteristic of production functions. Also, capital deepening is a fundamental source of economic growth. Use the concept of input-substitutability to explain why the cost of manufactured goods tends to de..
A 50-kilowatt gas turbine has in investment cost of $40,000. It costs another $14,000 for shipping, insurance, site preparation, fuel lines, and fuel storage tanks. The operation and maintenance expense for this turbine is $450 per year. Additionally..
Numbers have been revised, must perform calculation in order to get the correct answer. Recall the Monopoly Pricing formula using Demand Elasticity
Air Express bought a used Boeing 757 plane 5 years ago for $35,000,000. At the time the plane was bought, it was estimated that it would have a service life of 10 years and its salvage value at the end of its service life would be $10,000,000. Air Ex..
Develop a Java program that will store data in the form of daily temperature for one week. Your program should prompt the user for the day of the week
Suppose you have an offer of $200,000 to sell your house this year. The market rate of interest is 10%. You expect to be able to sell your house next year for $230,000. How does this relate to the theory of nonrenewable resource allocation over time?..
What is social responsibility? How important it is toa customer and an employee?
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