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1. Each month for several months, the average temper- ature in oC (x ) and the amount of steam in kg (y) consumed by a certain chemical plant were measured. The least-squares line computed from the resulting data is y = 111.74 + 0.51x .
a. Predict the amount of steam consumed in a month where the average temperature is 65 oC.
b. If two months differ in their average temperatures by 5 oC, by how much do you predict the amount of steam consumed to differ?
2. In a study of the relationship between the Brinell hardness (x) and tensile strength in ksi (y) of specimens of cold drawn copper, the least-squares line was y = -196.32 + 2.42x .
a. Predict the tensile strength of a specimen whose Brinell hardness is 102.7.
b. If two specimens differ in their Brinell hardness by 3, by how much do you predict their tensile strengths to differ?
analyze how the law of demand applies to a recent purchase that you made. describe how the product has changed in price
Find the equation for planned aggregate expenditure as a function of output and the real interest rate and Calculate the level of short-run equilibrium output at each inflation rate.
Suppose that you are on holiday in Russia, when suddenly you are arrested and accused of spying for United States.Your captors tell you that if you confess, you will receive a prison sentence of 2-years,
An effective treatment for migraine headaches.
The underlying trend of growth in the economy is determined by the growth in the number of workers, the growth in the savings and investment rate.
Identify two microeconomics and two macroeconomics principles or concepts from the simulation. Explain why you have categorized these principles or concepts as macroeconomic or microeconomic.
Many police officer positions being advertised today require the applicant to have a college degree even though the tasks of a police officer rarely call upon college course material. Why don’t police departments increase their applicant pool by drop..
How much money can his bank lend out initially? How much total money supply will change eventually in the whole banking system?
discuss the types of barriers to entry and explain whether each type is likely to provide long-term monopoly power.
A 50-kilowatt gas turbine has in investment cost of $40,000. It costs another $14,000 for shipping, insurance, site preparation, fuel lines, and fuel storage tanks. The operation and maintenance expense for this turbine is $450 per year.
The director of a theater company in a small college town is considering changing the way he prices tickets. He has hired an economic consulting firm to estimate the demand for tickets.
1. the northern community of assiniboine narrows has a population of 12000. it has one medical clinic with three
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