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We roll two fair 6-sided dice. Each one of the 36 possible outcomes is assumed to be equally likely.
(a) Find the probability that doubles are rolled.
(b) Given that the roll results in a sum of 4 or less, find the conditional probability that doubles are rolled.
(c) Find the probability that at least one die roll is a 6.
(d) Given that the two dice land on different numbers, find the conditional probability that at least one die roll is a 6.
if the economy is at point c, what is the cost of one more automobiles of one more forklifts which characteristics of the production curve reflects the law of increasing opportunity costs: its shape or its length
Do you think having local government representatives inspect remodeling and building activities helps to reduce any of the problems? Explain your answers.
Is the "immigration issue" one of demographics? Evaluate the chances of a "comprehensive immigration policy" turning away from racial and ethnic quota towards "opportunities not burdens."
At the equilibrium interest rate, what are the quantity of money supplied, the total quantity of money demanded, the amount of money demanded for transactions, and the amount of money demanded as an asset
Suppose that some variable is growing at constant rate. a. Prove that the natural logarithm of that variable is a linea r function of time. b. Find the intercept and slope of the linear function in part a.
Consider a couple's decision about how many children to have. Assume that over a lifetime a couple has 200,000 hours of time to either work or raise children. The wage is $10 per hour. Raising a child takes 20,000 hours of time.
a. Use a T-Account to show the impact of this transaction on the FNB's balance sheet. The funds a bank has on deposit at the Fed count as part of its reserves. b. Assume that before receiving the discount loan, FNB has no excess reserves.
Perform a common factor test. If the AR(1) model is rejected, and there are terms with insignificant coefficients in the second regression, investigate the consequences of dropping them.
Suppose the supply function for product X is given by Qx^s= -50 + 0.5Px -5Pz. a. Suppose Pz=$30. Determine the supply function and the inverse supply function for good x. Graph the good x. Graph the inverse supply function.
Show that (9.39) does not apply at any finite time if the economy starts at t = 0 with an arbitrary age distribution.
Assess the success and shortcomings of the Oslo process from the Palestinian point of view.
What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.) What fiscal policies and monetary policies would be appropriate at this time Can I please have ..
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