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(Designing agendas) A committee has three members; there are five alternatives. One member prefers x to y to v to w to z, another prefers z to x to v to w to y, and the third prefers y to z to w to v to x. Find the top cycle set, and for each alternative a in the set design a binary agenda for which a is the outcome of sophisticated voting. Convince yourself that for no binary agenda is the outcome of sophisticated voting outside the top cycle set.
Planning Parenthood, a national organization that assists teenage mothers with pregnancy, estimates that approximately 37% of the women coming into the center had contracted a sexually transmitted infection. They wish to plan a study to obtain a m..
a supplier and a buyer who are both risk neutral play the following game the buyer orders a good of quality q ge0 from
After collecting appropriate data, you find that 1148 customers chose to "Be A Glutton". Compute P-value and determine the conclusion of the test.
Suppose that you do a test for H0: μ = 6 against HA: μ &neq; 6 you obtain a sample mean of 6.5 and the test gives you a a p-value of 6%. We want to connect the p-value to the confidence interval for the mean.
Does this indicate that the percentage has increased from that of previous studies? Test at the 5% level of significance.
A courier service advertises that its average delivery time is less than 6 hours for local deliveries. A random sample of times for 12 deliveries to an address across town was recorded.
A 40 year annuity due has level annual payments of $1000 except for the m-th payment which is $2000. When using an annual effective interest rate of 5%, the value of the annuity four years after the first payment is $22,722.53 Find M.
Is the income elasticity of demand for real cash balances significantly different from one?
What is the payoff of a person whose number is the highest of the three? Can she increase this payoff by announcing a different number?
Construct a 95% confidence interval estimate for the population proportion of social media users who would say it is not okay to friend their boss.
For the time-frame of this study, once a market has reached a higher category, it won't fall back to a lower category. What is the probability that Logistics will stop providing service to an Intermediate market before becoming a High market?
For multiple sclerosis patients we wish to estimate the mean age at which the disease was first diagnosed. We want a 90% confidence interval that is 8 years wide. If the population variance is estimated to be 85 from previous research, how large a..
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