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Using one-sample hypothesis testing.
In a high school, Mark's class took the admission test for business school and averaged 83.4. For all the 10 classes taking the same test, their scores are (including Mark's): 78.2, 90.5, 89.6, 80.1, 75.4, 83.4, 81.7, 92.6, 93.8, 85.9. How did Mark's class do in the admission test? There are 25 students in Mark's class taking the admission test, and here we assume that the average test scores of all the 10 classes follow a normal distribution.
Suppose that a rm has the production function given by f(x1,x2)=4SQRT(x1*x2) Let w1 = $64 and w2 = $1. What is the total cost of producing 20 units of output in the long-run?
How much would you pay for a share of stock paying a dividend ?(cash payout ?C) of ?$4 to be paid in one? year, a known selling price in one year ?(?P) of ?$50?, and expected return ?(R) of similar assets of 2?%? Compute the price of a share of stock..
Determine why, given the advantages of international diversification, some firms choose not to expand internationally. Provide specific examples to support your response. As firms attempt to internationalize, they may be tempted to locate their facil..
Can anyone think of a program which costs a lot but does not provide long lasting benefits.
What is the difference between Microeconomics and Macroeconomics? What is the definition of a market failure? Why do they occur? When and where did the modern business cycle begin? Define and describe different types of market faliure. What is the de..
Outline what the kinked demand curve model of oligopoly seeks to explain. What are the major points of this theory? How does the kinked demand theory of oligopoly differ from other theories in terms of explaining the behavior of companies in an oligo..
You are buying a bond at a quoted price of $892. The bond has a 7.5 percent coupon and pays interest semi annually on February 1 and August 1. What is the dirty price of this bond if today is April 1. Assume a 360-day year.
Assume that you have a company and need to evaluate two alternatives, an automatic machine (AM) and a manual machine (MM). Capital investment for these AM and MM are $23,000 and $8,000, respectively. If we assume that MARR is 10% yearly for AM and MM..
Indicate whether the following events would cause an? "increase or a decrease in demand or an? "increase or a decrease in the quantity demanded?" for? cable-based Internet access? service, which is a normal good.
Solve the labour supply model, replace the utility function. In each, how does the labour supply depend on the wage? How does it compare to the log utility model? Explain.
A bank account pays 19.2% interest with monthly compounding. A series of deposits started with a deposit of $5000 on January 1, 2007
Suppose the marginal propensity to consume increases from 0.66 to 0.87. The value of the expenditure multiplier will increase from {__} to {__}.( enter you respones rounded to two decimal places.) When the value of the multiplier increases all else a..
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