Calculate the mean and standard deviation

Assignment Help Macroeconomics
Reference no: EM1368305

Sandy James thinks housing prices stabilized past months. To convince boss, intends compare current prices year prices. She collected 12 housing prices adds: 125,900, 253,000, 146,950, 121,450, 135,450, 175,000, 200,000, 210,950, 166,700, 185,000, 191,950. She then calculates the mean and standard deviation of the prices she has found. What are these two summary values?

Reference no: EM1368305

Questions Cloud

Calculate changes in real gdp : In 1929 and 1933, GDP measured in current prices fell from $96 billion to $48 billion. Over the same period, relevant price index fell from 100 to 75.
Explain what are needs of employees and their families : Explain What are needs of employees and their families and How do we protect them and What are needs for protecting our organization?
Diminishing marginal utility of dollars : A mathematically fair bet is one in which amount won will on average equal the amount bet,for example, when a gambler bets say, $100 for a 10% chance to win $1000
Describe market orientation case help : Describe Market orientation case help and Imagine you are tasked to diagnose market orientation of a specific business
Calculate the mean and standard deviation : Sandy James thinks housing values stabilized last months. To convince boss, intends compare current prices year prices. She collected 12 housing prices adds:
Determine same level of satisfaction : Debra listens only to either Frank Zappa or Weird Al Yankovic. She currently purchases 20 Zappa and 30 Yankovic downloads per week. She would forgo Yankovic downloads for one Zappa download at the rate of 2 to 1
Find the price of the call option : Experiment with the number of steps for binomial tree model  until your numerical result stabilizes to within one cent of the result given  through the Black-Scholes formula.
Aggregate demand : What happens to aggregate demand when transfer payments and the taxes to pay them both increase by the same amount?
Show how the successful mergers affects areas of hr : Show how the successful mergers affects the given areas of HR like HR planning, selection and compensation.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Illustrate how can production functions isoquant

Illustrate how can production functions, isoquant and isocost analysis, and other tools of microeconomics help decide the best path for the company to pursue.

  Elucidate what would the elasticity of supply

Elucidate what would the elasticity of supply have to be for a food stamp program to increase the availability of food to the poor with no prices increase.

  A nation has a lower inflation rate than all other nations

A nation has a lower inflation rate than all other nations, It has more rapid economic growth.

  Computing effect on firm optimal output

Making dresses is a labour-intensive process. Indeed, the production function of a dress-making firm is well described by the equation Q = L - L 2 /800, where Q denotes the number of dresses per week and L is the number of labour-hours per week.

  Utilizing both offer curves and a two by two payoff matrix

Utilizing both offer curves and a two by two payoff matrix, determine the optimal foreign economic policy of a hegemon.

  Some nations have very different economies

Some nations have very different economies. In the absence of market-set prices, how are prices determined for household goods.

  Assume the government proposes to tax these benefits

Assume the government proposes to tax these benefits at the same rate as other types of income. What is the impact of the proposed tax on the optimal retirement age.

  Give explanation of changes in labor market

Suppose that in the market for comic book illustrators the substitution effect dominates the income effect While visiting Comic Con.

  Suppose the costs also benefits incur at the end of the year

Suppose the costs also benefits incur at the end of the year, should the city buy the trucks.

  Ellucidate explain the broad decline in house prices

Ellucidate explain the broad decline in house prices that occurred in those years. Is the market currently in equilibrium.

  Impact of effective unionization

Assume that Florida migrant workers are effectively unionized. What will be the impact of unionization on?

  Total income when the price of milk is increased

illustrate what happens to total income when the price of milk is increased.

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd