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Generate a PDF and CDF using the simulation function in simetar for the random variable X that follows a normal distribution with a mean of 20 and a standard deviation of 4. Remember that simetar uses the standard deviation to produce the distribution of X and if it is defined as a normal distribution then the random variable is called a normal deviate
Fifteen families live in Willow Cannon. Although several water wells have been drilled, none has produced water. The residents take turns driving a water truck to a fill station in a nearby town.
determine the effects of an increase in the capital stock on current equilibrium output, employment, the real wage, the real interest.
Discuss the strategy at HK Disneyland in the context of standardization versus differentiation of attractions.
Also during that first year, the cookie business incurred costs that required outlays of money amounting to $9,000. What was Zach's economic profit (loss) for the year.
Assume the U.S. government implements a policy that achieves the savings rate needed to achieve the golden rule level of capital.
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.
A merger will likely lessen competition if
Explain the relationship among the bowed out shape of the production possibilities frontier and the increasing opportunity cost of a good as more of it is produced.
What are synonyms for increasing returns to scale? How did the one of the authors, Paul Krugman, relate these to international trade?
Illustrate what role did the policies of various governments play in influencing the international expansion strategies of both.
The degrees of freedom are used to determine the critical z-score for the normal distribution when calculating a confidence interval. The alternative hypothesis, denoted by H1, represents the opposite of the null hypothesis and is believed to be true..
A small consulting firm is only interested in hiring College graduates (denoted by S), but it does not know how many it should hire in order to be profit maximizing. Assume there is a competitive wage of $20 per hour and the production function is F(..
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