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1. Why might a large HHI not indicate the presence of market power? Does a low HHI indicate market power?
2. Explain why the allocation that would occur if consumers could costlessly resell a good is the same as the allocation from efficient rationing.
assume the readings on thermometers are normally distributed with a mean of 0 degrees celsius and a standard deviation
using the data below identify the confidence interval for the mean based on a 95 confidence level. assume that the
Formulate a linear programming model for this problem (using QM on Windows and/or Excel on Windows)
questionabc company produces a line of internal winchester disks for pcs. the drives uses a 3.5 inch platter from an
to find the sample size needed for a hypothesis test if ho mu10 ha mult10 sigma is unknown alpha 0.01 beta 0.05 and e
The test has a reliability of .87 and a standard deviation of 5. Joe scored a 57 on the test and Jill scored a 62. Is Jill clearly superior to Joe? Explain your answer.
a two-sample t test is going to be carried out where it is assumed that the population variances are unknown but
the manufacturing of a layered material requires three steps which each require a certain amount of time. these steps
the average length of stay at a local hospital is 4.9 days. assuming a population standard deviation of 3.5 days what
the owner of a local golf course wants to estimate the difference between the average ages of males and females that
On a very hot summer day, 5 percent of the production employees at Midland States Steel are absent from work. The production employees are randomly selected for a special in-depth study on absenteeism.
when an events probability depends on the likelihood of another event the probability is aa conditional probability.b
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