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A random sample of n=1100 registered voters and found that 570 would vote for the republican candidate in a state senate race. Let p represent the proportion of registered voters who would vote for the republican candidate.
H0: p=.50
Ha: p > .50
a) The test statistic is z=____
b) Regardless of what you actually computed, suppose your answer to part a was z=1.28. Using this z, p value =___
Assuming that the quantities of human and physical capital per worker did not change, and that the exponent on land in the production function is one-third, calculate the growth rate in productivity over this period. What was the annual growth rat..
q.assume a consumer has preferences represented by the utility function uxy minx3y. assume px 1 and py 2. draw the
a. What is the market clearing equilibrium price and quantity? b. What is the efficient quantity?
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Please read the case study and answer the following questions. Each question carries 5 points. The answers must be written in your own words. While there is no expected word count, your answers must be comprehensive and should demonstrate your und..
Gini & Marcoux give a discussion of Competition. They begin with a discussion of sports and move to a discussion of competition in business. What do they say are some of the similarities and differences between competition in sports and in business. ..
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q. new manufacturing technologies are often viewed as labor saving in nature. using a production possibilities frontier
Suppose it is believed that the U.S. dollar will steadily depreciate against the euro at a rate of 2% a year over the next three years. After that, people expect the dollar–euro rate to be steady. Ten-year U.S. government dollar bonds yield 8%. What ..
Write a program (or a Jupyter/Python notebook) to predict the career totals for major league baseball players.
The income share data below for Indonesia is from the World Bank, although it has been rounded very freely. Will anything happen to the Lorenz curve? Illustrate and explain in a few words. If you’re not sure, do a calculation for one quintile and see..
The process that produces the parts has a mean of 25.4 ounces and a standard deviation of .22 ounce. The distribution of output is normal. Use Table-A.
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