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Twenty-one individuals from a rural Midwestern town took a multiple-choice test that asked about historical events, science, art, literature, and the like. The maximum possible score on the test was a 40. A higher value indicates greater cultural literacy. In a large nationally representative sample, the average score on the same test was a 27. Is the score for the Midwestern sample significantly lower than this? In addition please find these values: Sample Mean= Sample S.D.= Population Mean= S.E.= N= D.F.= t-obtained= alpha= p-value=
Scores 14 16 17 17 19 21 21 22 22 23 24 24 24 25 26 26 26 29 29 31 35
If the shop's tax rate is 0.37 and its discount rate is 0.08, what is the total cash flow in year 4? (Do not round your intermediate calculations.)
If factor-intensity reversals were indeed prevalent in the real world, how might this fact be used to explain the Leontief paradox? If this explained the paradox, would it suggest that any given U.S. trading partner stood a better chance of conformin..
What is the impact of each problem or risk on oil and gas companies and how to solve these problems ((the solution)) and what is the opportunities of each them? Rising emerging market demand. Price volatility and role of speculators.
Briefly explicate whether Turbo has a dominant strategy. Briefly explicate whether there is Nash equilibrium in this game.
Hugo, a manufacturer, wanted to retire. His business had some good contracts. For this reason, Ian wanted to buy the business. Hugo showed Ian his accounts for the last three years, his orders for future work not yet carried out and the debts owed to..
Illustrate the effects of monetary policies on the economy's production and employment.
The general public's demand for flights to Florida has an elasticity of -2 all year round. A monopolistic airline has been optimally charging everyone $360 for a round trip. Next, the airline finds out that during spring break, the price elasticity o..
Which of the following methods cannot be applied for finding the initial solution of a transportation problem?
An MBA student has proposed the following demand equation for good Y. QdY = a + b PY + c M where: QdY = quantity demanded of good Y in millions of tons per year PY = Price of good Y in dollars per ton M = Average consumer income in thousands of dolla..
What is the future value of a $900 deposit that earns an annual interest rate of 8% compounded quarterly, 5 years from now? Now assume the compounding period changes to monthly, how much more or less will you earn?
Suppose that Jenny is the only consumer in the antique car market. Her willingness to pay for an antique car is $200,000. Based on Jenny's willingness to pay, plot demand schedule in the graph below utilizing the blue points.
Use a supply and demand graph to show the likely impact of subsidized student loans on the price and quantity of student enrolments. Are there other ways in which the subsidies might distort the incentives of university administrators?
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