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Let Y 1 ,...., Y n be i.i.d. draws from a distribution with mean μ =10. A test of H0 : μ = 10 using the usual t-statistic yields a p-value of 0.07.
a. Does the 90% confidence interval contain μ =10?
b. Can you determine if μ =8 is contained in the 95% confidence interval?
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Microsoft and smaller rival often have to select from one of two competing technologies. The rival always prefers to select the same technology as Microsoft (because compatibility is important), while Microsoft always want to select a different techn..
For the following market, find the equilibrium price (P*) and quantity (Q*) The market clearing conditions are Qs=Qd=Q* and Pd=Ps=P*
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15% of the sales are collected after two months, and the remainder are collected after three month. What is the amount of the April collections?
Explain the instrument and goal independence concepts of central banks. Is the Fed politically independent?
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