Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Oil wells. How much oil the wells in a given ?eld will ultimately produce is key information in deciding whether to drill more wells. Here are the estimated total amounts of oil recovered from 64 wells in the Devonian Richmond Dolomite area of the Michigan basin, in thousands of barrels:22
21.7
53.2
46.4
42.7
50.4
97.7
103.1
51.9
43.4
69.5
156.5
34.6
37.9
12.9
2.5
31.4
79.5
26.9
18.5
14.7
32.9
196.0
24.9
118.2
82.2
35.1
47.6
54.2
63.1
69.8
57.4
65.6
56.4
49.4
44.9
92.2
37.0
58.8
21.3
36.6
64.9
14.8
17.6
29.1
61.4
38.6
32.5
12.0
28.3
204.9
44.5
10.3
37.7
33.7
81.1
12.1
20.1
30.5
7.1
10.1
18.0
3.0
2.0
Graph the distribution and describe its main features.
(a) Examine the data. Why are you not surprised that most responses are multiples of 10 minutes? We eliminated one student who claimed to study 30,000 minutes per night. Are there any other responses you consider suspicious?
(b) Make a back-to-back stemplot of these data. Report the approximate midpoints of both groups. Does it appear that women study more than men (or at least claim that they do)?
Let income be Y, and measured in dollars. A doctor obtains utility of4Y1/2 from exerting low effort, and 2Y1/2 from exerting high effort. Her reservation utility is 120utils. Patients and the physician's employers can only observe health outcomes. If..
Suppose there continue to be five fringe firms but that each manages to reduce its marginal cost to MC = 20 + 2q. How does this change your results?
Hypothetically, if Apple and Samsung decided to collude, instead of suing and counter-suing each other, what would the equilibrium prices and quantities be? Assuming each firm keeps the profit from its own market, what are these profits?
Which of the following are the Nash equilibrium payoffs (each period) if the game is repeated 10 times? Suppose the game is infinitely repeated. Then the "best" the firms could do in a Nash equilibrium is to earn per period.
Washington Oregon Idaho Days Gross Sales Days Gross Sales Days Gross Sales 0 $10,000 0 $0 0 $6,250 1 25,000 1 8,750 1 12,500 2 37,500 2 16,250 2 17,500 3 47,500 3 22,500 3 21,250 4 55,000 4 26,250 4 23,750 5 60,000 5 28,750 5 25,000 6 62,500 6 30,000..
Consider the following structure of the cost function: c(w, 0) = 0 and cy(w, y) = int(y), where int(y) is the smallest integer greater than or equal to y element of nonnegative real numbers. Draw the graph of the total cost curve.
How would you present the unemployment rate of the white and non-white populations in the last 20 years for 50 states of the United States?
what do you think must be 3 major macroeconomic goals of the economy? what policy mix assists government attain these
Suppose you are the manager of a small pharmaceutical firm that received a patent on a new drug 3-years before. Despite strong sales and a low marginal cost of manufacturing the product
5.Given the following variables in the open economy aggregate expenditure model,autonomous consumption (C0)= 200, autonomous investment (I0)= 200, government spending (G0)= 100, export spending (X0)= 100, autonomous import spending (M0)= 100, taxes (..
If a purely competitive firm is producing at an output where marginal revenue exceeds marginal cost, the firm will increase its profit by
In his January 31, 2007, speech on the state of the economy, President George W. Bush said that "Since we enacted major tax relief into law in 2003, our economy has created nearly 7.2 million new jobs. Our economy has expanded by more than 13 per..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd