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Let X denote the number of spots on a single throw of a fair 6-sided die. Find the mean, variance, and standard deviation of X. If you can, relate the mean and variance to the mean and variance. the possible values on this die is 1, 2, 3, 4, 5, 6. So what would be the probabilities for each of these values if it is a fair die? Put this into a table then find the mean and variance. Compare these to the mean and variance for a sum of two dice.
q.calculate maxs marginal utility from windsurfing at each number of hours per day. does maxs marginal utility from
Answer the following questions about the CPPI (Couch Potato Price Index)
Assume that an economy is characterized by the following equations: C = 100 + (2/3)(Y – T) T = 600 G = 500 I = 800 – (50/3)r Ms/P = Md/P = 0.5Y – 50r. Write the numerical aggregate demand curve for this economy, expressing Y as a function of G, T, an..
Consider a Cournot duopoly with the inverse demand P = 260 - 2Q. Firms 1 and 2 compete by simultaneously choosing their quantities. Both firms have constant marginal and average cost M C = AC = 20. Find each firm’s best response function.Find the Cou..
Why would a firm in a perfectly competitive market always choose to set its price equal to the current market price? If a firm set its price below the current market price, what effect would this have on the market? Discuss.
Write an essay about 300-400 words about Gross Domestic Product of Viet Nam : analysis of Viet Nam economy's GDP composition and growth over time, as well as an investigation of the country's basis for income generation and any and all constraints to..
wicksteed made a significant contribution to value theory during the marginal utility revolution. this contribution was
A precise definition of globalization is difficult, because globalization is a process which removes economic, social and cultural boundaries of nation states. Discuss this process. Do you think that globalization is a win-win situation for all count..
Please describe the extent of your experience in drafting, keying and typing letters and correspondence.
A survey of 200 college graduates who have been working for at least 3 years found that 90 owned only mutual funds, 20 owned only stocks, and 70 owned both. What is the probability that an individual owns stock? A mutual fund? What is the probability..
What caused the relation between the CEO and the stockholders to go so badly awry? Discuss and
Derive the aggregate demand curve and plot it to scale. Show all of your work. Calculate the effect of an increase in government spending on GDP. Is the effect larger or smaller than in the case where consumption does not depend on the interest rate?..
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