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Q. The Texas Transportation Institute at Texas A&M University conducted a survey to determine the number of hours per year drivers waste sitting in traffic. Of 75 urban areas studied, the most jammed urban area was Los Angeles where drivers wasted an average of 90 hours per year (U.S. News & World Report, October 13, 2003). Other jammed urban areas included Denver, Miami, and San Francisco. Assume sample data for six drivers in each of these cities show the following number of hours wasted per year sitting in traffic. Denver Miami San Francisco70 66 6562 70 6271 55 7458 65 6957 56 6360 66 75
a. Compute the sample mean hours wasted per year for each of these urban areas.
b. Using a = .05, test for significance differences among the population mean wasted time for these three urban areas. What is the p-value? What is your conclusion.
Draw the MC cure for Guns in terms of the production of butter. If the economy produces 3000 guns per day, how much butter can it produce per day.
It is a hot day also Bert is thirsty. Here is value he places on a bottle of water.
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q1. compare and contrast the way classical and keynesian theory determine the demand for money and how it is related to
A tax that results in a larger fraction of income being paid in taxes as income rises is a ________ tax.Answer regressive head progressive proportional
Respond to the question and to other students' postings. Consider the following when posting your responses: Why might this be the right form for the new business? What might some of the disadvantages be?
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What if any difficulties do you think may be encountered in implementing the current policy being pursued by Fed Chairman Ben Bernanke to cope with one of the worst financial crises in the US since the Great depression?
The Honolulu tourism commission currently proposed a 7% tax on hotel rooms to pay for an outdoor amphitheater.
the set of efficient trades these individuals would rationally make. One of the points on the set of efficient trades you illustrated in your diagram will be a competitive equilibrium.
q.the world is composed of two economies the european union and the united states. one of the european firms has a
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