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Suppose it is known that 45% of the population are Coalition voters, 45% are ALP voters, and 10% vote for Greens.
Suppose it is also known that The Australian newspaper is read by 70% of Coalition voters, 35% of ALP voters, and 20% of Greens voters. If a randomly selected person is observed reading The Australian, what is the probability that he or she is a Coalition voter (rounded to 3 decimal places)?
Determine the economic activity that takes place in Underground Economy have any impact upon any Economic Indicator.
What are the marginal abatement cost functions for each of the two areas? Calculate the loss in the two areas due to over-control (for the rural area) and under-control (for the urban area).
Period company return market index return, Determine the company and the market index and show the calculations.
A company experiences rising returns to scale; that is, doubling all its inputs more than doubles its output. What can be inferred about the company's short-run costs?
If a random sample of 400 customers is selected, what is the probability of Type I error using this decision rule?
Solve the forecast model
A student is taking two courses, history & math. The probability the student will pass in the history course is .60 and math is .70. The probability of passing both is .50.
Following is a multiple regression in which dependent variable is market value of houses and independent variables are the age of the house and square footage of the house.
Multiplicative decomposition method
The coefficient of determination for a regression relationship defined through Y = a + bX is 81 percent.
Explain each of primary methods used for setting value, describing its applications, strengths and weaknesses, show the formula and compute an example for each method.
Determine what is the state of the economy in brazil versus the united states and discuss the GDP of brazil and the united states?
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