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Tiger Woods plays golf. Tigers mean score is 70, with a standard deviation of 2, and is normally distributed. I play golf. My mean score is 73 with a standard deviation of 3, and is normally distributed.
If we played against each other tomorrow, what is the probability that I'll beat him? Note: In golf the lower score wins.
Dan Unowsky manages a production group in a PC repair shop. He has noticed that the speed of repair is based on each worker doing one task. However, if an employee is out sick, then the entire repair process slows down.
Planning for a campaign involves setting goals, creating timetables, and developing budgets. The five E’s of a successful campaign are education, engineering, enforcement, entitlement, and evaluation. Consider the American PR campaigns with which you..
Household finances are similar in some ways to a nation’s international transactions. Suppose a household consumes (spends) more than its income. What are 3 legal ways it can finance this deficit? Give an example of each. How can a nation that runs a..
In the economy of Qonos in 2067 exports were $670, GDP was $8,652, imports were $1,281, investment was $1,544 and consumption was $2,325. What was Qonos's government spending in 2067?
Provide operating system security components that will support a database and the security protection mechanisms?
The rancher who owns the land is willing to sell the land for 2 million. Should the government proceed with this project (with no end date), assuming that annual benefits are steady at 110,000 per year? The interest rate is 4 percent.
q1. a. give introduction about markets and consumer protection involving the ethical and moral issues.b. critically
Now suppose the economists allow for crowding out. Illustrate what would their new estimate of the MPC be larger or smaller than their initial one.
Japan's rapid growth pushed its real GDP per capita above that of the United States. Growth rates in follower nations such as South Korea and Hong Kong averaged about 10 percent per year.
You are an economist in a company where you have recently got a new Chief Executive Officer (CEO) who is assigned to merge your company with other companies in the market. Give a mathematical expression for Total Revenue, Marginal Revenue, marginal c..
Economists have often found that purchasing power parity gives a closer approximation to reality during periods of very high inflation than during "normal" times. can you provide an explanation for why this might be so?
As long as marginal cost is below marginal revenue, a perfectly competitive firm should. The “Schools of Thought” handout shows.
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