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2. In a new poll with regard to the future of the Canadian Senate, 70% of the respondents indicated that they would like to have a vote with respect to the upper chamber's future. Furthermore, 50% of the respondents said that they would like to see the Senate abolished, while 40% of the respondents said that they would like it to be kept as is. (10 points) a) If keeping the Senate or abolishing it represents two mutually exclusive events, what is the probability that a randomly chosen respondent would belong to either of the two groups? (3 points) b) If abolishing the Senate and voting for its future are statistically independent events, what is the probability that a randomly chosen respondent would be in favour of either abolishing the Senate or voting for its future? (3 points) c) Of the respondents who were in favour of keeping the Senate, 70% said that they would like to vote on it. What is the probability that a randomly chosen respondent would be in favour of either keeping the Senate or voting for its future?
Why do you think consumers respond to the "Buy One Get One Half Off" sales promotion and what principle of economics does this behavior reflect?
how can we measure the opportunity cost of producing a good? using a bowed outward production possibilities curve
The earnings of engineers, doctors, and lawyers are high because lots of education is necessary to practice in these fields
Determine the motivational strategy or strategies that would likely be most appropriate for each of your three employees based on their individual characteristics,
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Both Landes Winner and Bill Joy explore the issue of technology and control. How would you compare their two views of current technological development Focus the comparison on a specific technology, such as genetically modified organisms.
Assume you were appointed economic adviser to a less developed country in Africa. The country seeks to encourage capital formation and wants to raise the rate of saving of its own residents and encourage foreigners to invest in their country.
What effect does increasing autocorrelation have on the sampling distribution of the percentage of made free throws? Describe your procedure in answering this question.
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you have been hired as a consultant by your mayor to evaluate the increase in aggregate demand in the city where you
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