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What is the price elasticity of demand? and how is it calculated?
In this problem, we employ the result of Problem 10.6.4 as the basis for a function s=newarrivals(lambda,T) that generates a Poisson arrival process. The program newarrivals.m should do the following:
The employee would like the margin of error to be less than 0.5 with probability of 0.95. Past records show the weekly standard deviation to be 2.5.
MSA Computer Corporation manufactures two models of minicomputers, the Alpha 4 and Beta 5. The firm employs 5 technicians, working 160 hours each per month, on its assembly line.
The philosophies that created the US Constitution were a political experiment, one that had never been tried before. Write an analysis of the influence and changes for each of the following democratic republican ideals ideals.
a lawyer researched the average number of years served by 45 different justices on the supreme court. the average
Find the mean and standard deviation for the batting average for a player in the most recently completed MBL season. What batting average would separate the top 5% of all hitters from the rest?
Net sales of the Kaiser Aluminum and Chemical Corporation for the period beginning in 1975 and ending in 1984 were:
Determine the probability that a butterfly is infected, given that it was tagged in both places. Enter an answer between 0 and 1, rounded to 2 decimal places, e.g. 0.31.
a manufacturer wants to increase the absorption capacity of a sponge. based on past data the average sponge could
Find a 95% confidence interval for the true mean wait time for a kidney transplant.- Find a 95% confidence interval for the true variance in wait time for a kidney transplant.
How many of those in the sample would you expect to name chocolate? (Round the final answer to 2 decimal place.)
A prison official wants to estimate the proportion of cases of recidivism. In examining 250 convicts there are 65 cases. with 99% confidence interval what is the range? How do you figure this type of problem?
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