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Q1. Suppose there are two elementary schools in a county. One school (A) loans all its students a laptop computer for use in classes. The other (B) does not. We would like to compare performance on a standardized test for the two groups of students.
There are 28 students randomly chosen from school A and 34 from school b. The average test score for A is 78, and for B are 75. The sample standard deviation for A is 7 and for B are 10. While the population variances are unknown, we will assume they are equal.
a. What is the 99% confidence interval for the difference between the two school's scores? (For consistency, let the difference d=A-B.)
b. Suppose we want to perform a two-tailed test where H0 is that μd=0. What is (approximately) the p-value of the test?
The follow-ing ( multiplicative exponential) demand function is being used: QD = 6,280P. - 2.15A1.05N3.70 where QD = quantity demanded, in 10 oz: boxes P = price per box, in dollars A = advertising expenditures on daytime television, in dollars N = p..
BUS499(2011A) Final Exam: - Critically argue whether GDP is a good measure of economic well-being. You are required bring examples and academic references to support your answer.
The 1st way is simply to utilize the price of the product in the exporter's home marketplace as the fair marketplace value.
Assume Arturo is willing to trade 6 burritos to Dina for each 10 tacos which Dina produces also send to Arturo.
Compute nominal GDP, real GDP also the GDP deflator for each year, using 20010 as the base year.
A business traveler to Germany who, upon deplaning in Berlin, uses an airport ATM to withdraw 100 Euros from her U.S. bank would receive which kind of exchange rate?
Consider both sides of the argument and come to a decision of whether to close the plant or continue to operate it. How would you explain to either the president or the CEO that he or she is wrong?
Illustrate If G rises to 200 and T rises to 150. How much would the GDP change as a result.
Board of directors has directed you to choose an output level that maximizes the firm's profit. You have an incentive to maximize profits because your job and salary depend on the profit performance of this company.
Compare the market-wide result of the individual perfectly competitive firms' choices of profit-maximizing output level with the choice of the monopolist. Explain the implications of the break-up for the profitability of industry members
q1. write the economic analysis section of a business proposal. this will include statements about the market structure
Illustrate what do economists call the percentage change in real GDP from year to the next. Under a business agreement 70/30 why should the 70% shareholder decision carry all day.
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