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1) We've collected a random same of 8,418 adults from the U.S. population in 2008 and calculated Body Mass Index (BMI). We found the Sample Mean [BMI(hat)] to be 27.7 with an estimated standard error of 0.21.
a) Provide an estimate for the underlying population distribution, showing how you could come to such a conclusion (i.e. explain with a few words or some basic math).
b) Using the distribution described in part a), compute the probability that an individual adult, randomly selected from the U.S. population, will have a BMI greater than or equal to 30 (i.e., calculate Pr(BMI ≥ 30).
c) Construct a 90% Confidence Interval for the mean BMI of the U.S. population (μ).
State all null hypotheses associated with independent variables and their interaction? Also suggest alternate hypotheses - What are the independent variables and their levels? What is the dependent variable?
Table 1.1 of your book (Palmer, Dunford, & Akin, 2008, p. 10) discusses a number of change lessons. (See attached) Which of those lessons were present in 2008 of the Desjardins case? Which of those lessons were present in 2012 for Desjardins? How ..
Choose a United States firm with global operations. Discuss the company's activities outside the United States
Draw demand, marginal revenue and marginal cost curves. Calculate and show how much this firm will sell and what they will charge. Calculate producer surplus with monopoly and the consumer surplus with monopoly. How much would be produced if this wa..
For the cash flows shown, use an annual worth comparison and an interest rate of 10% per year. (a) Determine the alternative that is economically best.
An integer programming model would be utilized in scheduling for high demand space in government buildings or classrooms or it can be used in high level budgeting for construction projects.
As part of your answer explain what happens when aggregate expenditure either exceeds or falls short of output in the current period and what impact this has on production in the next period.
A firm's managers aim to maximize revenue rather than profits. At the same time, shareholders stipulate that an acceptable profit of m should be achieved. (Suppose the managers set to achieve this exactly.) The firms revenue R is a function o..
Suppose You have been employed by an unprofitable company to determine whether it should shut down its unprofitable operation.
Determine what role health plays in developing economies
the bureau of labor statistics and federal reserve bank in st. louis both have a lot of economic information. based on
In an effort to reduce their total costs, many companies are now replacing paychecks with payroll cards, which are stored-value cards onto which the companies can download employees' wages and salaries electronically.
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