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A philosopher of science writes, "Suppose we toss a fair coin 10,000 times, the first 5000 tosses being done under a red light, and the last 5000 under a green light. The color of the light does not affect the coin. However, we would expect the statistical null hypothesis-that exactly as many heads will be thrown under the red light as the green light-would very likely not be true. There will nearly always be random fluctuations that make the statistical null hypothesis false." Has the null hypothesis been set up correctly? Explain briefly.
Is market capitalism necessary for freedom? Explain why or why not. Are market economies necessarily “capitalist” and are command economies necessarily “socialist”? Why or why not? What causes macroeconomic instability of market capitalism? Explain. ..
you get your first w-2 tax form to file. your boss has been at the company for over 20 years and also has to file a tax
There are two related variables, noise (equals either quiet or loud) and intoxication (equals drunk or sober). P(drunk)=.25, P(loud)=.4. You know that if someone is drunk, then the probability of them being loud is .9. Use Bayes’s Rule to calculate P..
for the following demand function.for values of m gt 1.a. obtain income elasticity of demand. plot the engel curve for
Construct a pie chart to summarize this data set, and write a sentence or two summarizing how people responded to this question. Summarize the given data using a segmented bar graph.
david wants to buy a machine for his firm. he expects to incur the maintenance cost of 500 at the end of the 1st year
discuss the various ways governments can handle externalities such as noise from a local airport or a barking dog or
Go to the Web site of the Federal Reserve Bank of St. Louis (FRED) (research. stlouisfed.org/fred2/) and download the most recent value and the value from the same month one year earlier from FRED for the U.S./Euro Foreign Exchange Rate (EXUSEU). ..
Explain in words and with a graph why a 15 cent per gallon tax on milk could be collected from milk producers or from milk consumers at the store with the same result?
Determine how velocity is affected by an increase in real income (Y), an increase in the nominal interest rate, and an increase in the price level.
if we observe that both the equilibrium price of peanut and the equilibrium quantity of jelly have risen, what could be responsible for this pattern - a fall in the price of peanuts, or a fall in the price of strawberries
Examine the market for tickets for popular sporting events through the supply and demand model. Consider the following questions: How often are you able to buy a popular event ticket (for example, the Super Bowl) at face value? How are the tickets or..
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