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The IQ test is designed in such a way that scores are normally distributed with mean u = 100 and standard deviation o= 15. a) What is the probability that someone has an IQ above 120? b) What is the probability that someone has an IQ below 90? c) What is the probability that someone has an IQ between 85 and 115? d) What is the minimum score a person must have to qualify among the top 5% of IQs?
Suppose the Japanese yen price of one British pound is 163.78 yen for each pound. In which city hotel room is cheaper and by how much.
Elucidate what could be done to encourage people to spend more so as to increase aggregate demand and invariably, create employment possibilities.
You are purchasing an automobile priced at $29,000 by borrowing at 12% interest compounded monthly. The loan will be repaid in monthly installments for seven years. What is the constant dollar value (value at the time of financing) of the 36th paymen..
Our forefathers incorporated into the Constitution the concept of checks and balances. Explain its strengths and weaknesses of such a system, especially in a democracy form of government.
Which Theorem accounts for the change in total capital between autarky and free trade? What does this theorem predict will happen with this change?
Explain the opportunities that present themselves under Locational, Triangular, and Covered Interest Arbitrage for Prime Emerald Inc.
If Rhine Company ignores possibility that or firms may enter its market, it should set a price of $10,000 for its product, which is a power tool. Explain how can firm's manager extend planning horizon.
Suppose a firm's demand curve is given by P = 120 - 0.5Q. Find the (value of) price elasticity of demand (point elasticity) for the demand curve when the price is $100. Is demand elastic or inelastic? Please list steps and explain why demand is elast..
The U.S. economy has fallen into a recession. It is a severe and deep recession, and one that some economic analysts say may persist for at least another year.
Monetarists argue that:
Describe an aspect of reality whose relevance is not, in your opinion, suitably captured by the aforementioned topic; discuss how the treatment of the topic.
Identify whether all the elements of negligence are present and, if so, who or what entity will be sued successfully: The same patient, same history, same symptoms, has a different ER doctor who decides without examination that the patient has indige..
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