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A district troop leader wishes to estimate the average value of cookie sales by Girl Scouts in her district. It is known that the standard deviation of sales is $35. A randon sample of 49 girls provides a sample mean of $60. What is the point estimate for the average value of cookie sales?
Assume the population standard deviation for wait time is 51 seconds. Using a 95?% confidence?interval, does this sample support the? retailer's claim?
Illustrate what is the difference between absolute advantage and comparative advantage. If a country has an absolute advantage in both goods.
Why would we expect rising risk premiums to occur at the same time a yield curve inverts?
A perfectly competitive industry has a large number of potential entrants. all firms have identical cost structure and minimize cost at the same point where Min AC=MC. what will be the new market equilibrium price and quantity?
Confronted with an adverse supply shock, an economy with rigid wages and prices would suffer
What is the Durbin Watson Statistic. How is it calculated, and what is its significance in Statistics?
Hypothesize the basic short-run also long-run behaviors of the model in the industry you have chosen in a "marketplace economy."
Illustrate what closing time should Citywide Spirits Shoppe choose to maximize profits.
What are the goals/objectives of judges (what do they maximize)? Filing fees: for the marginal case, the one that may or may not be filed the filing cost should equalt what?
What is the real exchange rate? In real terms, has the dollar appreciated or depreciated against the yen?
Construct time series plots of real GDP, the ratio of consumptionto GDP, and the ratio of investments to GDP. In these plots, does what you see conform to the predictions of the Solow growth model? Explain why or why not.
In the economy of Qonos in 2067 exports were $670, GDP was $8,652, imports were $1,281, investment was $1,544 and consumption was $2,325. What was Qonos's government spending in 2067?
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