Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Identify the distribution that is most probable for the following random variables:
1. The number of customers at a bank teller window in one hour
2. The weight of a one pound package of ground beef
3. The number of hearts drawn in 4 draws from a standard deck of cards when the cards are replaced
4. The number of house sales made by a real estate agent this month
5. The number of ounces in a carton of milk
6. The number of data drives that are in meet standard in a group of 10 drives drawn from a truckload
a. How many different possible dial combinations are there for this lock b. What is the probability that if you randomly select a posi- tion on each dial, you will be able to open the bank vault c. Explain why "dial combinations" are not mathematical..
The owners of a small manufacturing concern have hired a manager to run the company with the expectations that (S) he will buy the company after five years. The goal of the owners in making this hire is to find the appropriate manager that will incre..
why pepsis strategy of price reduction in 1930s was a right strategy while wang labs decision to raise price in 1990s
Suppose the Council of Economic Advisors (CEA) hired you as an Economist (Economic consultant). The head of the council tells that she believes the current unemployment rate of 9% is too high. They would like to increase real aggregate output (RGDP).
Suppose a basket of goods and services has been selected to calculate the consumer price index (CPI) and 2002 has been selected as the base year. In 2002, the baskets cost was $600; in 2004, the baskets cost was $650; and in 2006, the baskets cost..
Supporter of free market systems discuss that free enterprise leads to more efficient production and better response to changing customers preferences.
Suppose that the gas utility operates as a pure monopoly, setting price and output so as to maximize profit. What P and Q will be chosen What will be the total revenue, total cost, profit, and consumers surplus at this price
an estimate of the demand function for household furniture produced the following resultsf 0.0036y 1.08r0.16 p 0.48
Assume D represents the level of decentralization of corporate decision-making. The benefits of decentralization, denoted B, = 3D and the costs of decentralization, denoted, C = 2D + 2D2. What is the optimal level of decentralization (D)? Expl..
There are two related variables, noise (equals either quiet or loud) and intoxication (equals drunk or sober). P(drunk)=.25, P(loud)=.4. You know that if someone is drunk, then the probability of them being loud is .9. Use Bayes’s Rule to calculate P..
What is meant by rationality Consider the three "systematic mistakes" discussed in your text. What are the costs of making those "systematic mistakes" Is it possible to act "irrationally," or is rationality defined by the individual's approach to ..
Suppose that there is a temporary, but significant, increase in oil prices in an economy with an upward-sloping sras curve. if policymakers wish to prevent the equilibrium price level from changing in response to the oil price increase, should they i..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd