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1.) An urn contains 13 white balls and 14 red balls. A sample of four balls is selected at random from the urn. What is the probability that the sample contains two white balls and two red ones?
2.) An urn contains 14 red marbles and 13 blue marbles. 12 marbles are chosen at random. What is the probability that 6 red marbles are chosen?
3.) An urn contains 12 white balls and 5 green balls. A sample of seven is selected at random. What is the probability that the sample contains at least one green ball?
4.) A fair coin is tossed 9 times. What is the probability that the coin lands head at least 7 times?
5.) A fair coin is tossed 28 times. What is the probability that at most 26 tails occur?
Suppose in an economy, the sum of the growth rates of M and v is equal to 6%. Further assume that the Solow growth model predicts a real GDP growth rate for the coming year to be 2%. What would inflation expectations most likely be?
Describe the considerations that have to be taken when writing an application designed to drive a database by more than one simultaneous user?
Consider the country you have been assigned. How is unemployment there different from unemployment here? How does this affect the measurement of unemployment? What are the differences between there and the US in the prevalence of the underground econ..
The primary factors affecting the cost of debt for a firm include: the yield on Treasury securities, the risk premium to cover the expected risk of default, a liquidity premium to reflect investor concerns over the market liquidity of the security..
On December 20, 1989, Dixon opened an account at the Eastman Credit Union with an initial deposit if $1000.00. On February 20, 1990, he deposited an additional $1000.00. If the credit union pays 12% interest compound monthly, how much will be in the ..
How many bushels will each of the farmer’s five acres produce? How much revenue will each acre generate? What are the TR and MR for each acre?
What was the percentage change in productivity over the past two years?
Find average cost (AC), average variable cost (AVC), marginal cost (MC), marginal revenue (MR). What is the quantity that maximizes profit? What is the revenue and profit at that point?
A pest attack on the tomato crop increases the cost of producing ketchup. At the same time, a mild winter causes cattle herds to be unusually large
You are interested in evaluating the role of playing chess among children on their school performance. What is your primary explanatory variable (X)? How would you measure X? What is your equation?
Why might firms consider issuing stock in foreign countries? Why might U.S. businesses look to issue more stock in Europe since the adoption of the euro (implemented in 1999)?
Using a graph of the market for reserves, demonstrate how an increase in the interest on reserves can be used to raise the federal funds rate. Label all axes, variables, curves, and initial/final equilibrium. Briefly explain the change.
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