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1. For each of the following, write out the null and alternative hypotheses, and indicate whether it is a one-tail or two-tail hypothesis test
a) Do Canadian children whose parents are librarians do better than Canadian children in general on reading ability?
b) Is the level of income for residents of a particular city different from the level of income for people in the region?
c) Do people who have experienced an earthquake have more or less confidence than the general population?
d) Based on anthropological reports in which the status of women is scored on a 10-point scale, the mean and standard deviation across many cultures are known. A new culture is found in which there is an unusual family arrangement . The status of women is also rated in this culture. Do cultures with the unusual family arrangement provide higher status to women than cultures in general?
A chemical factory dumps its mercury in the nearby river. The mercury get into fish that are eaten by people downriver, causing them to get serious diseases. Use the graph and a few well chosen sentences to show why the market for paint fails.
A person can chose to work any amount from 0 to 52 weeks per year at a wage of $1000 per week. Draw her annual budget constraint, representing total annual consumption vs annual weeks of leisure.
Fidelity Magellan is a large cap growth mutual fund and Fidelity Small Cap Stock is a small cap growth mutual fund (Morningstar Funds 500, 2006).
A used car dealer advertises financing at 4% interest over 3 years with monthly payments. You must pay a processing fee of $250 at signing.
The U.S. government has a legal monopoly on the printing of U.S. currency. For the sake of this question, suppose the government decides to relinquish its monopoly—the Department of Justice will “break up” the federal government’s monopoly on U.S. cu..
How do concepts of dharma, karma, and samsara shape the social order in Hindu societies? What do these concepts have to do with the ideology of the caste/varna system?
Economies grow for a variety of reasons. Which of the following is not a primary cause of economic growth?
Explain how the application of the PDCA cycle can support a competitive strategy of low cost leadership.
Illustrate what will be the level of output and price in the long run if this industry were perfectly competitive.
The administrator of ABC Hospital, Mr. Stevens, has just received the latest financial report, and the news is not good. The hospital has been losing money for over a year, and if things don't improve, it may lose its AA bond rating. What if only $30..
If the labor force of 150 million people is growing by 1.4 percent per year, how many new jobs have to be created each month to keep unemployment from increasing?
Using supply and demand and competitive analyses, explain what happens to a pharmaceutical company’s revenues and profits from an individual drug once it loses its patent protection. Then identify at least one strategy the company can use to mitigate..
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