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A study is going to be conducted in which a mean of a lifetime of batteries produced by a certain method will be estimated using a 90% confidence interval. The estimate needs to be within +/- 2 hours of the actual population mean. The population standard deviation s is estimated to be around 25. The necessary sample size should be at least?
Compute the probability that a female between the ages of 45 and 55 who tests positive for breast cancer has breast cancer
A farmer has 120 acres on which to plan wheat or corn. Each acre of wheat requires $20 capital and 2 hours of labor. Each acre of corn requires $35 capital and 6 hours of labor. Labor costs are $8 per hour. The farmer has $2000 available for capital ..
The initial cost of a permanent park is $1,500,000. Annual maintenance and operation costs are $100,000 per year. Every 6 years, the park needs $400,000 to replace all facilities. At an annual interest rate of 10% per year, the capitalized cost of th..
Explain why there would be such a discrepancy between the multiplier formula results and actual outcome.
Dwight and James are looking at these 2 jobs and will make choices. Job B looks more attractive by using simple arithmetic in a static world; but since these will occur in different periods, we know that the best way to evaluate each one is by gettin..
Filer Manufacturing has 8500000 shares of common stock outstanding. The current share price is $59.46, and the book value per share is $9.66.
What factors are considered in calculation of the CPI? Explain your answer. Where would you find data on CPI and PPI for the United States?
In your own words, explain what corporate social responsibility (CSR) is. Name two examples of social responsible companies you know and explain why you consider them so.
describe how each of the 4 factors contributed to the elasticity of the good. Is the product considered elastic, inelastic, or unitary elastic.
The Nash Equilibrium provided a new look at certain economic problems and won the Nobel Memorial Prize in Economic Sciences in 1994. Since it's creation, the Nash Equilibrium has been applied to "international relations" specifically for war and arms..
How are individuals impacted by the financial markets? How does the financial markets impact economic growth? Venture capitalism and risks? How does healthy financial markets create jobs?
Assume that the Demand curve is given as Q=250-5P and the supply curve as P=10+Q. What would be the price and quantity with perfectly competitive markets? What will happen to price and quantity if the government provides a specific subsidy of $1 per ..
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