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A mathematics test of 100 multiple- choice questions is to be given to all freshmen enetring a large university. Initially, in a pilot study the test was given to a random sample of 20 freshmen. Suppose that, for the population of all entering freshmen, the distribution of the number of correct answers would be normal with a variance of 250.
A. what is the probability that sample variance would be less than 100?
B. what is the probability that sample variance would be more than 500.
When we apply 50 tons of fertilizer, the total yield is 1500 bushels. Elucidate the marginal value product per ton of fertilizer.
what is the opportunity cost of producing Toyotas in each country. Who has the comparative advantage in producing Chevrolets.
In the market economy that relies on the law of supply and demand, determine which of the following does not fit with the other:
What is the MRS Is this consumer at an optimum. If not at an optimum should the consumer buy more of the X good or more of the Y good.
The production process requires labor and capital as inputs. Labor costs $6 per labor hour and capital costs $12 per machine hour.
The problem is that even though you have assigned values of a,b,c, SN thinks that f is also a function of t, for which you have not assigned a value.
Sets out the aggregate demand and aggregate supply schedules in Japan. Potential GDP is 600 trillion yen. What is the short-run macroeconomic equilibrium.
The steel industry has been lobbying for high taxes on imported steel. Russia, Brazil also Japan have been producing also selling steel on world markets
Determine the most Magna should be willing to pay to lease the land for the expected life of the project and calculate the profit under each possible demand curve with the optimum size of the shopping center.
Compute cumulative benefits per stage Compute cumulative patients per stage Graph the cumulative benefits curve Which variable represents marginal benefits per stage? C
Now suppose that management believes the probability of weak demand in 2009 is 25% and the probability of strong demand is 75%. Using mean-variance analysis, explain which level of output should be chosen.
The craft unions electricians, carpenters, other possess considerable power to raise wages than do industrial unions automotive workers, steel workers.
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