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50% males and female are presented in the data. If gender is independent, how many males are expect to answer yes? Explain the answer and fill in the rest of the table 1.
Table 1: expected values
Yes No
Male ____ ____ 100
Female ____ ____ 100
120 80 200
Table 2: observed values
Male 30 70 100
Female 90 10 100
Compare Table 1 with Table 2
What is the expected value for Table 1? What is known?
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There are only 2 firms in a market facing same demand curve as follows: Q = 120 – 10P The marginal cost of each firm are, respectively, MC1 = 4 + 0.2 Q1 and MC2 = 4 + 0.2 Q2 a). Find the profit maximization level of output for both firms. b). which f..
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