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Big packages of M&M candies have a mean weight of 16 ounces with std deviation of .15 ounces. A researcher selects a random sample of 20 bags.
1) What is the mean of the distribution of sample means? (16?)
2) What is the standard deviation of the distribution of sample means? (.20?)
You are the brand manager for Tide detergent. Your boss, the director of marketing, says she thinks it’s time for a new advertising agency and a new IMC campaign for the Tide brand and you agree. What should be your first 3 or 4 steps to begin this p..
What will the effects of the tax be in the short run on industry output and price. Will the price rise by the full ?ve cents in the short run.
Explain the law of demand and the law of supply in healthcare. Distinguish between demand and quantity demanded. What determinants cause a shift in demand? Please include reference(s).
Explain whether each of the following is a (1) discretionary fiscal policy, (2) an automatic stabilizer, or (3) not a fiscal policy. Government spending on infrastructure, such as highways and bridges. Treasury Department’s sales or purchases of gove..
You are the project executive of a monopolistically competitive firm. The present demand curve is . Your total cost equation is , and MC = 17Q a. What level of output should you set to maximize profits? b. What price would you charge? c. What will ha..
If a perfectly competitive firm is a price taker, then
If the marginal product of the 4th worker hired is 6, and the marginal product of the 5th worker hired is 4, you should not hire the 5th worker because your profit would decrease since the 5th worker’s marginal product is less than the marginal produ..
Imagine you have been assigned the responsibility of preparing a paper for the governor's next economic conference.
The price of equipment is 25,000 today. Determine the price of the equipment 3 years from now, if deflation rate is 2% in the first year and inflation rate is 1% in the second year and 4% for the third years
q.what are the informing factors of global interdependence including the economic factors political dynamics and
Enrico Suarez just graduated with a B.S.in engineering and landed a new job with a starting annual salary of 48,000.there are number of things that he would like to do with his new found ”wealth”. For starters, he needs to begin repaying his student ..
You live in a world with two time periods. Your income is $100 in time period 1 and $150 in period 2. If the interest rate is 0.03 (3%), draw your inter temporal budget constraint. If you value current consumption 1.5 as much as future consumption at..
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