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A study was done of all homicide convictions in the State of Florida between 1976 and 1980 in order to examine if the application of the death sentence was racially biased. The data showed that a larger percentage of white suspects (11.2%) were sentenced to death than black suspects (8.5%). However, if the race of the victim was included in the analysis, the study found that for white victims, a larger percentage of black suspects (19.3%) were sentenced to death than white suspects (12.3%). Which of the following is correct? Check all that apply. “Race of the suspect” is a lurking variable in this situation. “Race of the victim” is a lurking variable in this situation. This is an example of Simpson’s paradox. This is an example of a negative association.
a “Race of the suspect” is a lurking variable in this situation.
b “Race of the victim” is a lurking variable in this situation.
c This is an example of Simpson’s paradox.
d This is an example of a negative association.
A firm plan to borrow $900 via issuing debt instruments. The firm can issue a simple loan, a fixed-payment loan or a coupon bond. If the interest rate is fixed at 8%, the face value of the coupon bond is $1000 and the fixed-payment loan has 5 payment..
Considering companies operate in their own self interest, should cartels be legal.
q1. it some respects karl marx could be thought of as one of the last of the classical economists. analyze this
Probability calculation Involving Random Events These calculations involve the use of the empirical rule since all elements available for selection have the same chance of being chosen. Quantify the events, the Event to be calculated and he sample sp..
In January 2001, $1 was equal to 1.06 euro. By January 2012, $1 was worth 0.76 euro. As a result of the change in the value of the dollar:
What may account for the difference in the wages between two industries that have been highly competitive? Identify and describe each factor and explain its effect on wages. If you make any assumptions about the scenario, state them.
The firm's vice president for manufacturing hires you to out illustrate what combination of inputs the plant should use to produce 20 units of output per period. What advice would you give.
Indicate whether the following events would cause an? "increase or a decrease in demand or an? "increase or a decrease in the quantity demanded?" for? cable-based Internet access? service, which is a normal good.
Economists believe that markets generally are “efficient.” What does this mean and why do they believe it? Use Consumer Surplus, Producer Surplus, and Total Consumer Surplus to fully answer this question.
In this exercise, you will find actual points on the combined PPC of the two states. For each of the following values of one good, calculate the maximum amount of the other good that the two countries could produce working together.
q1. soft selling and adverse selection soft selling occurs when a buyer is skeptical of the quality or usefulness of a
Can you identity the consequences of a strong dollar or a weak dollar in the United States Should the U.S. take measure to ensure that the dollar retains its dominant role in global economy.
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