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!
Everyday I go to Starbucks.
1) On any day, define the amount I spend at Starbucks as a random variable X
X. A salted caramel mocha is 6$ and a regular coffee is $2.50. Write out the sample space for this experiment. Write out X
X as a function of the outcomes in the sample space. Argue that X
X is a discrete random variable.
2) Suppose further, that I am now interested in the amount of times I buy a regular coffee in the next 10 days. What type of random variable is this? What is the probability I buy exactly 7 coffees over the next 10 days?
Explain the relationship between scarcity, choice and opportunity cost. A well-structured answer will include:
Assume your salary is $55,000 in 2012 and $160,000 in 2042. If inflation has averaged 2% per year, what is the real or differential inflation rate of salary inc
sandy sue sanders can take a job paying $10,000 a year when she graduates from high school, or she can go to college and pay $9,000 a year for tuition. Measured in dollars, Illustrate what is her opportunity cost of going to college next year.
Does her production process illustrate decreasing returns to scale or a diminishing marginal product of labor?
How can your company look for a new market spaces outside its own industry and explain the six paths framework, and how can it be used to create value for your e-business?
Consider a MONOPOLIST that is currently maximizing profits. At the current output level the average variable cost is $18, total revenue is $8,510, and the price is $23. If this monopolist produced nothing, its total cost in the short run would be $2,..
q.your local grocery store offers a coupon that reduces the price of milk during the coming week. the regular retail
A tax that results in a larger fraction of income being paid in taxes as income rises is a ________ tax.Answer regressive head progressive proportional
A permanent scholarship fund is started through a donation of $100000. If five scholarships of $5000 each are awarded each year beginning ten years from now, Calculate the rate of return for the invested money.
If in the closed private economy the aggregate expenditure equilibrium is 470 billion. If exports of 12 billion and imports of 12 billion are now added as well as an additional 70 billion in spending by the government and given a marginal propensity ..
Discuss the latest international effort to reduce greenhouse gas emission--the Paris Agreement. Do you think this will succeed or suffer the same fate as Kyoto?
Why have Saudi Arabia and other Middle Eastern countries taken a strong stance on regulating the use of camera phones?
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