Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
An organisation wants to estimate the actual electricity usage of a refrigerators that has an advertised energy usage of 439. It tests a random sample of n = 18 fridges and finds a sample mean usage of 445 and a sample standard deviation of 40. Assume that the energy usage in the population is normally distributed.
(a) Do you think that the organisation should accuse the manufacturer of producing fridges that do not meet the advertised energy consumption? You should justify your answer with a hypothesis test.
(b) Construct a 95% confidence interval estimate of the population mean energy usage for this model of refrigerator.
Explain the relationship between the economic concept of diminishing marginal productivity and the principle of increasing marginal costs?
Collective bargaining sessions often start with unreasonable demands and categorical rejections. Why do unions and employers tend to begin bargaining.
An economist for the widget company estimated following short term production function. Compute the AP and MP mathematically and identify the three stages.
Discuss how forward and options contract can be used by the company to hedge its exposure to exchange rate risk.
An airport needs a modern material handling system for facilitating access to and from a busy maintenance hangar. A second-hand system will cost $75,000.
In granting (or prohibiting) proposed acquisitions or mergers in an industry, government regulators consider a number of factors, including the acquisition's effect on concentration, ease of entry into the market, extent of ongoing price competiti..
If an economy is in a recession, what would expansionary fiscal policy do?
New City is considering building a recreation center. The estimated construction cost is $12 million with annual staffing and maintenance costs of $750,000 over the twenty year life of the project. At the end of the life of the project, New City expe..
1. you manage a movie theatre and you hire a statistical consultant to estimate the demand for movie tickets. using
An airline ticket costs the same from Casper, Wyoming to Denver, Colorado, and from Denver to Orlando, Florida. Does this make economic sense?
Describe how the market for corn would be influenced if ethanol, a corn derivative was used to fuel cars in US. How would market be influenced if a new technology caused corn farming to be more efficient?
How does your selected religious group differ from other religious groups (such as in their beliefs, worship practices, or values)? What has been the experience of your selected religious group with others that do not share its beliefs or pr..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd