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1. GPA and IQ. Do you believe that the grade point average of a college student is correlated with the student's intelligence quotient (IQ)? If so, will the correlation be positive or negative? Explain.
2. Crime rate and population. Research by law enforcement agencies has shown that the crime rate is correlated with the U.S. population. Would you expect the correlation to be positive or negative? Explain.
What are the potential problems with market allocation for noise pollution in class? Are there any better solutions to this problem? Explain.
The world willingness to pay for oil is given by P = 200 - Q, with P in dollars per barrel and Q in thousands of barrels per month, and OPEC is planning its strategy to set the world oil price. The competitive fringe of small firms takes the price OP..
Presume you are a bidder in a sealed-bid auction. There are too 5 other bidders in the auction. You believe that each of the other bidders has a value that is equally probable to be anything between 0 and 100. Each one of them has the same belief abo..
The demand function for a good is given by Q = 400 - 25P - 0.4P2 , At what price the demand elasticity is -0.8?
background information about the case study why the forces of supply and demand did not result in efficient operations
Who gains and who loses from instituting the pollution tax?
Canadian minister of defence announces $9million purchase of 65 new fighter jets. Assuming that aggregate out put is demand determined and that the .f-35 jets are purchased domestically.
how would foreign direct investment fdi cause an increase in growth in developing countries gdp? your two to three page
business owners managers and aspiring entrepreneurs need to know the best form of business organization to select
1. (1) Let y(t) be a time series with a constant mean E(y(t))=m. Show that the sample mean is an unbiased estimator for m.
The law of supply indicates that:
Boyce contracts to build a house for Anne. Pursuant to the contract, Boyce and his surety, Travelers, execute a payment bond to Anne by which they promise Anne that all of Boyce’s debts for labor and materials on the house will be paid.
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