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Q1. If the variable is almost normally distributed does that mean you use common distribution?
"Use the data set; noting which cultivated area is variable is nearly normally distributed. What is the probability that the area of a crop is selected at random is less than 6 acres is there a specific formula i have to use?
Q2. If the demand curve for wheat in the US is P=12.4 - Q (here Q is quantity demanded)
and the supply curve for wheat is P= 2.6 + 2Q( here Q is quantity supplied)
Illustrate what is the equilibrium price of wheat?
Illustrate what is the equilibrium quantity of wheat sold (actual price equal the equilibrium)?
A company's cash sales for the month are $200,000 and its accounts receivable payments for the month are $100,000. What is its total incoming cash flow.
Explain how supreme as well as comparative advantages were used in your simulation.
What do you think the sign and magnitude of the Cross-Price Elasticity of Demand would be between premium juices and soda.
Assume the price elasticity of demand for heating oil is 0.7 in the long run also 0.2 in the short run.
Describe what would happen if an outside agency determined the prices eBay could charge.
the shortcomings of NAFTA for the last 20 years including what each country has lost as a result of NAFTA.
Democratic Republic of the Congo grows at a healthy 3% per capita, how long will it take Democratic Republic of the Congo to catch up with Luxembourg.
Assume that household consumption decision suddenly become less sensitive to change in the rate of interest.
Explain how would you conclusion vary for winter months, if bad weather formulate it likely for traffic jams on the highway to increase to 6 days per month.
Assume that the marginal cost of providing lockers is zero as well as the monthly demand as well as for lockers is estimated to be best described.
Illustrate the significance of resource pricing explain rule or criteria of employing for resources under pure and perfect competition.
Old Economy Traders opened an account to short sell 1,300 shares of Internet Dreams at $46 per share
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