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Use z-scores to make the following comparison.
Assume that male and female heights are normally distributed and that the average height for a male is 71 inches with a standard deviation of 4.3 inches and that the average height for a female is 65 inches with a standard deviation of 3.5 inches.
Determine whether a male who is 82 inches tall or a female who is 77 inches tall is comparably taller after the variable gender has been accounted for.
lean burgers drive through receives 20 customers in every ten minutes of business time between 1200 - 100 pm during
The United States makes up approximately 4% of the world population but generates more than 20% of its income. The most recent number is $52, 587 per person versus a world average of $10, 163. React to this as a Utilitarian, a Rawisian, and personall..
The owners of a small manufacturing concern have hired a manager to run the company with the expectation that (s) he will buy the company after five years. The goal of the owners in making this hire is to find the appropriate manager that will increa..
The presence of so many commercial banks in the United States is most likely the result? of:
The target rate of unemployment is defined as the absolute lowest rate of unemployment that can possibly be achieved, usually around 0%.
Achieving lower pollution Suppose the government decides to raise the gasoline tax as a way to reduce air pollution and traffic congestion to their optimal levels. Which of the following describes why corrective taxes, such as the gasoline tax, are u..
Describe how the limited self-interest of humans impacts their ability to maximize their welfare. If you project into the future, what effects can be foreseen on future generations?
An experiment by Duncan J. Watts, a sociologist at Columbia University, showed that when consumers knew that many other people had downloaded a particular song, more consumers wanted to download that song as well. If this is true, this suggests the m..
You are considering buying a new house, and have found that a $200,000, 30-year fixed-rate mortgage is available with an interest rate of 6 percent. This mortgage requires 360 monthly payments of approximately $1,179 each. If the interest rate rises ..
Explain why is the index of industrial production an appropriate coincident indicator. Why is the average prime rate charged by banks an appropriate lagging indicator.
How is it possible for some people to pay negative taxes? Why is it important to distinguish between deficits and debt? Why may a budget surplus be considered undesirable?
When the prices reduces to $9 the restaurant sells 200 per day. Provide the absolute value of the price elasticity of demand.
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