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In an effort to estimate the mean amount spent per customer for dinner at an Atlanta restaurant, data were collected for a sample of 42 customers. The data collected resulted in a sample mean of $29. Based upon past studies the population standard deviation is assumed known with ? = $5.
Round your answers to two decimal places.
a. At 95% confidence, what is the margin of error?b. Develop a 95% confidence interval estimate of the mean amount spent for dinner.($( )to$( ))
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A monopolist faces the following demand curve: P=120-0.02Q-What is the level of production, price and total profits per week?
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Calculate the total money creation in the economy with the help of formula and how the banks create money with the help of given information.
Discuss how the Federal Reserve kept the United States from sliding into a deeper recession after September 11, 2001.
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