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Given that X is normally distributed with μ = 304.6 and σ = 13.2, find the probability that X is less than 309.5, given that we know that X is larger than 288.4. State your answer rounded to 3 places of decimal.
How would I determine the critical? value(s) for a? right-tailed test of a population mean at the a = 0.01 level of significance with 20 degrees of freedom?
The transaction cost approach to the theory of the firm was created by Ronald Coase. Transaction cost refers to the cost of providing for some good or service.
Assume the interest rate is 5.75 %. how much do you have to deposit each year make sure that 8,000 can be withdrawn for the 4 years?
There are two firms (firm A and firm B). Both have marginal cost = 1. Demand is Q = 11 – P. The firms simultaneously set price. If they set the same price they split the market (Bertrand game). If P^M is not the Nash Equilibrium, what is the Nash Equ..
GDP is defined as the market value of all final goods and services produced within a country in a given period of time. In spite of this definition, some production is left out of GDP. Explain why some final goods and services are not included. You f..
Suppose a utility function is of the general formU (x,y) where x and y are two goods consumed.
Why might an accounting-based control system provide headquarters management with biased information about the performance of a foreign subsidiary? How can these biases best be corrected?
Suppose a tax of $.10 per unit on a good creates a deadweight loss of $100. If the tax is increased to $0.30 per unit, the deadweight loss from the new tax would be:
q1. the wall street journal once stated regarding fannie mae and freddie mac that their profit is privatized but their
Briefly explain how each of the following factors affect 17 year old Bob's decision to go to college:his discount rate, the difference in labor market earnings in each year post-college between what Bob would earn with and without the college degree,..
An airline estimates that the price elasticity of demand for business travelers (who travel on weekdays) is - 2, while the price elasticity of demand for vacation travelers (who travel on weekends) is - 5. If the airline price discriminates (and cost..
Perform a regression analysis using compa as the dependent variable and the same independent variables as used in question
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