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The life length Y of a component used in a complex electronic system is known to have an exponential density with a mean of 100 hours. The component is replaced at failure or at age 200 hours, whichever comes first.
a. Find the distribution function for X, the length of time the component is in use.
b. Find E(X).
Shows one set of production possibilities
Describe the process in the money market (demand and supply of/for money) by which the interest rate reaches its equilibrium value if it starts above equilibrium.
it is estimated that while world coffee prices hover around 50cent per pound production costs are around 80cent per
The owner-manager of Good Guys Enterprises obtains ulility from income (profit) and from having the firm behave in a socially conscious manner, such as making charitable contributions or civic expenditures.
1.why cant all the balance of payments accounts be in surplus? what factors determine the demand for british pounds in
What do you conclude about who bears the primary burden of the tax-buyers or sellers? Briefly explain the economic sense of this out- come in this particular context.
Jen Holladay discussed in her TED talk what she believes multiculturalism should look like in our modern world. What parts of her vision do you agree/disagree with and why? Do you think that the perspective changes depending on whether you look at th..
The impact of a decrease in the price of memory chips on the market for computers and impact of the government imposing a price ceiling on apartment rents
Bridget has a limited income and consumes only wine and cheese; her current consumption choice is four bottles of wine and 10 pounds of cheese
These multiple choice problems belong to Economics. The first problemis about calculation of marginal product and the second problemis about calculation of marginal returns.
choose and research an industry where there has been a pattern of change in a particular market model monopoly
Describe how expected activity times and variances can be computed in a PERT network. Describe a situation in which a project manager would choose PERT for their project.
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