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One hundred twenty-five marine recruits participated in a study to assess the benefits of a strength training program. Each recruit was given a push-up test at the beginning and end of the program. The change in number of push-ups completed was approximately normally distributed with a mean improvement of 7.2 with a standard deviation of 2.5. What is the probability that a randomly selected recruit improved by more than 10 push-ups?
Create a new product that would appeal to your market. Develop at least one question for each characteristic of the target market (demographic, geographic, psychographic, and behavioral) that will be important for you as you determine the marketing s..
It will provide benefits of $4000 at the end of Year 1, $3,500 at the end of Year 2, and $3,500 at the end of Year 3. If the discount rate is 6%, will this project be approved using cost-benefit analysis?
Which of the following is a building block of neoclassical economics?
determine if this was a good investment on an after-tax basis. Contributed by Mukasa Ssemakula, Wayne State University.
What is the probability that Adam gets exactly three gummi bears? What is the expected number of gummi bears that Adam gets?
Consider a hypothetical closed economy in which households spend $0.65 of each additional dollar they earn and save the remaining $0.35. The marginal propensity to consume (MPC) for this economy is? , and the multiplier for this economy is ?.
the new quantity is 85, looking for the formula explaining the new
Why must a monopolist that is price discriminating take steps to prohibit resale?
A woman managing a photocopy establishment for $25,000.00 per year decides to open her own duplicating place.
According to the rule of 72, if a nation’s per capita real income persistently grows at a rate of 3 percent per year, in how many years will its level of per capita real income double? What about if the persistent rate of growth is 4 percent?
The three basic questions of Economics are: "What to produce?"; "How to produce?" and "For whom to produce?" What are the corresponding underlying assumptions? Say how the assumptions combine to determine demand and supply and how demand and supply c..
Describe what occurs to the triceps muscle when the biceps muscle is contracted. Even though these muscles are antagonists, why might this be beneficial?
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