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1. Discuss some of the statistical methods from this course that could be useful to mgt. to assist in making business decisions- from either what you may have encountered in you r work experience or believe you might be able to use in the futre.
2. Explain how finding the mean and standard deviation could be useful in; Confidence intervals for the mean, using hypothesis test, normal probability, and a binomial probability.
3. Describe how an organization could use correlation and regression between variance and the coefficient of determination.
4. Give on example of how data could be used in developing a proportion and explain how this data can be used in; Finding the correct sample size, Developing a Chi-square test, and Developing a confidence interval for a proportion.
1. the demand for steel ingots is given by the following p150-0.5q. the private marginal cost of steel producers is
a recent flood in the midwest has destroyed much of the farmland that lies in fertile regions near the rivers.
What assumptions about the rival's response to price changes underlie the kinked-demand curve for oligopolists? Why is there the gap in the oligopolist's marginal-revenue curve? How does the kinked-demand curve describe price rigidity in oligopoly..
1. cinema theater has estimated the following demand functions for its moviesdaytime demand qd 400 - 50 pdnbsp
Predict the type of long-term care needed as the 21st Century America advances in age. Defend or critique the type of care patients obtain in private nursing homes as compared to public institutions or in-home care.
nbspa briefly explain the calculation of the unemployment rate for the u.s. economy. how is the data collected to
what steps if any should be taken to provide assistance for funding and financing energy efficiency and renewable
A consumption function is given by the following relationship C=100+.70(Yd) What is the multiplier in this model?
Normal 0 false false false EN-US X-NONE X-NONE What are regional trading b..
the data in the table below are the results of a random sample of recent home sales in your neighborhood that
Specific example of a policy or regulation that has helped economic activity - economist who was tasked with evaluating this policy or regulation, what are some ideas you would suggest for changing it in a way that would achieve the same goal but n..
what is meant by producer price index ppi? how has ppi behaved since year 2000? what have been the causes of these
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