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Q. Male and female turtles may experience different serum cholesterol concentrations in their blood. Provide an appropriately labeled boxplot of the data below and use a randomization test to examine whether the null hypothesis holds that male and female turtles have the same mean serum cholesterol. Report the difference in the mean serum cholesterol between groups, the randomized 95% confidence level of the difference of the means under the null hypothesis, and the randomized probability of getting a value as extreme or more extreme than the observed difference in the means given these data (that is a p-value). Please show your work for full credit (i.e. code and solutions).
The annual operating and maintenance expenses are estimated to be $1,000. If Convington's MARR is 15%, how many years will it take before this machine becomes profitable.
Solve for steady-state level of captial and output. What savings rate would be necessary to achieve a steady-state output of 150.
If she neither borrows nor lends, which project has the higher present value at the interest rate 50%. Which has the higher present value at an interest rate of 5%.
Find the equilibrium values of the real interest rate, consumption, investment, and the price level.
Suppose that a pay equity plan has just been put in place in your organization. The pay equity consulting firm did a job evaluation and assigned points to each of the male-dominated and female-dominated jobs.
Explain what occurs when a new technology makes another one obsolete in terms of economic profit.
Listing different orderings and coalitions is not going to work for this problem because there are too many possibilities, excluding you can use different tools which we have discussed in class.
Solve for equilibrium real output and also solve for the equilibrium interest rate.
This would be ideal because he would have the same number of pretzels as he would soda leaving no money left to spend.
Explain a way that your family interactsin factor market and a way that it interactsin products market. Discuss how circular flow relates to current economic situations.
A firm that finds it extremely expensive to monitor the output of each worker will likely pay its workers
Based on some economists' definition of the relevant market, the two firms proposing to merge enjoyed a combined market share of about two-thirds, while another firm essentially controlled the remaining share of the market.
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