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You are the sales manager supervising a sales force of three in a kitchen appliance department. You are considering changing the compensation and would like to know if there is a significant difference in sales among the three salespersons.
1. What is the null and alternative hypothesis.
2. The ANOVA produces a calculated F of .929 the critical F is 4.26. What is the conclusion? should there be any action taken?
Reword the following attachment so it is not copied. Revise it and run it thru a checker to check accuracy that it is not copied.
One government policy for dealing with a natural monopoly is to:
If shoes and socks are complements and both are normal goods, show graphically what would happen to the consumption of shoes and socks if the price of shoes decreased. consumer incomes increased.
Consider a labor market where the demand for a particular category of labor is given by the equation LD = 20 – 2W. Suppose that the supply curve of workers in this market who are also native-born citizens is given by LN = 2W,
Do you agree or disagree with the statement which: A monopolist always charges the highest possible price.
Consider a Solow economy with the following Cobb-Douglas production function: The capital share of output (a) is 25%, population growth (n) is 1.5%, and the depreciation rate (δ) is 4%. The economy is in steady-state with a growth rate of output per ..
The Johnson Company pays $2000 a month to a trucker to haul wastepaper and cardboard to the city dump. The material could be recycled
Define the real interest rate, r. Why does it differ from the nominal interest rate, i, in the presence of inflation? Why does the actual real interest rate, r, generally differ from the expected real interest rate, r^e? How does this relation depend..
Consider Solow's model when the production function is Y = 1000K0.3 L0.7 . The population growth rate is 2%, ? = 0.1 is the depreciation rate and s = 0.25 is the savings rate. Suppose this economy was in its steady state when unexpectedly Total Facto..
Suppose that the American Heart Association has determined that pistachios are extremely heart healthy and can lower bad cholesterol levels. Is the information likely to cause a shift in demand or supply? What will happen to price?
Suppose the national bank has total cash reserves of $2000 and has $5000 in total deposits. If its total excess reserves are $1250, then the reserve requirement is equal to: Describe in detail an ethical issue that eBay is currently facing. This can ..
Suppose that Best National Bank currently has $100,000 in demand deposits and $70,000 in outstanding loans. The Federal Reserve has set the reserve requirement at 20%.
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