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I'm looking for someone to explain how to use excel for the following questions based on the senario:
Case Study - Election Results
When an election for political office takes place, the television networks cancel regular programming and instead, provide election coverage. When the ballots are counted, the results are reported. However, for important offices such as president or senator in large states, the networks actively compete to see which will be the first to predict a winner. This is done through exit polls, wherein a random sample of voters who exit the polling booth is asked for whom they voted. From the data, the sample proportion of voters supporting the candidates is computed. Hypothesis testing is applied to determine whether there is enough evidence to infer the leading candidate will garner enough votes to win.
Suppose in the exit poll from the state of Florida during the 2000 year elections, the pollsters recorded only the votes of the two candidates who had any chance of winning: Democrat Al Gore and Republican George W. Bush. In a sample of 765 voters, the number of votes cast for Al Gore was 358 and the number of votes cast for George W. Bush was 407. The network predicts the candidate as a winner if he wins more than 50% of the votes. The polls close at 8:00 P.M. Based on the sample results, conduct a one-sample hypothesis test to determine if the networks should announce at 8:01 P.M. the Republican candidate George W. Bush will win the state. Use 0.10 as the significance level (α).
Assuming that the cost of capital is $1,000 and labour costs $10.00 per hour, determine the total variable cost, average variable cost and the marginal cost of the firm for the output levels given above.
People used to depend on float time of checks to stay safe with balances in their account. Technology has changed and this opportunity has shrunk.
It is generally claimed that a movement from “autarky” to free trade consistent with Ricardian comparative advantage increases the economic welfare of each of the trade partners. However, it may be demonstrated that under certain circumstances, not e..
As the number of firms in an oligopoly increases,
a) What is difference between Present Value and the future value of an asset?
q1. describe what we mean by greening and thinking green. list several ways that people and businesses in the green
If demand falls, what should happen to a monopolist's price, output, and economic profit? (Ensure question is answered completely). What is outsourcing? Describe (3) advantages and (1) disadvantage a firm has when they use this strategy.
Develop conclusions about the economy's influence on personal and business decision-making relative to purchases of big-ticket items, investments
How do government's business policies affect the firm's performance, demand for its products etc.? Discuss how these variables changed over time?
Success of a company investing and operating in a foreign country depends on the competitive advantage of the company. The entry strategy could be technology based, quality based, or cost based. Explain and comment.
you have been hired as an outside consultant to help Tyson foods to strengthen employee development. identify the organizations primary product or service. what is the organizations current focus? what are the organizations overarching goals?
Use supply and demand curves to analyze increase/decrease for the following scenarios? i) shift ii) movement iii) equilibrium price iv) equilibrium quantity. Coffee prices soar due to a shortage of coffee beans. Market: Donuts. Prices for next year a..
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