User Account

All Pages

What is the highest achievable test score

Assignment Help Microeconomics
Reference no: EM13882373

Suppose that in a particular state a standardized test is given to all graduating se- niors. Let score denote a student's score on the test. Someone discovers that perfor- mance on the test is related to the size of the student's graduating high school class. The relationship is quadratic:
score 45.6  .082 class .000147 class2,

where class is the number of students in the graduating class.

(i) How do you literally interpret the value 45.6 in the equation? By itself, is it of much interest? Explain.

(ii) From the equation, what is the optimal size of the graduating class (the size that maximizes the test score)? (Round your answer to the nearest integer.) What is the highest achievable test score?

(iii) Sketch a graph that illustrates your solution in part (ii).

(iv) Does it seem likely that score and class would have a deterministic relationship? That is, is it realistic to think that once you know the size of a student's graduating class you know, with certainty, his or her test score? Explain.

Reference no: EM13882373

Questions Cloud

What causes an electromagnetic wave to be emitted : What causes an electromagnetic wave to be emitted
Difference between rational expectations and adaptive expect : What is the difference between rational expectations and adaptive expectorations?
How do two isotopes of the same element differ : How do two isotopes of the same element differ and Which of the following balls would have the greatest amount of kinetic energy if they are all traveling at 10 m/s
How you ensure that it is instructional teaching experience : How will you ensure that it is an instructional, creative teaching experience rather than devotional? Give an example of a lesson where you can integrate Christianity in a public school setting.
What is the highest achievable test score : Does it seem likely that score and class would have a deterministic relationship? That is, is it realistic to think that once you know the size of a student's graduating class you know, with certainty, his or her test score? Explain.
Is the decrease in the unemployment rate always a good : Is the decrease in the unemployment rate always a good thing?
Evolution of an erosional floodplain from a mountain stream : Describe the evolution of an erosional floodplain from a mountain stream. Explain the processes that take place to change the landscape
How can we effectively start to address cyber war : How can we effectively start to address cyber war and cyber terror? How can we affectively address cyber bullying? How has hacking and the motivation of attackers evolved?
Assignment is to use social science inquiry skills : The objective of the assignment is to use social science inquiry skills such as analyzing claims

Reviews

Write a Review

Microeconomics Questions & Answers

  Define supply curves

Suppose consumers' income is $50,000 and the price of satellite TV service is $90. At what price would the demand for cable TV services be 55,000 households?

  Write down the impacts of innovation and technology on cost

what are the impacts of innovation and technology on the cost of production? how does technology affect market

  Significant difference between average expenditures of

a random sample of 89 tourists in chattanooga showed that they spent an average of 2860 in a week with a standard

  Explain the business and describe general pattern of change

describe the business and explain the general pattern of change of the particular market model indicating how this

  Explain comaprative advantage in the production

economists believe that when two countries specialize and trade , each will be able to buy goods in which the other specializes at a lower cost than it would take to produce these goods itself.

  The manager at sherwin -williams store has decided to

the manager at sherwin -williams store has decided to purchase a new 30000 paint-mixing with hi-tech instrumentation

  What is the equilibrium interest rate

What is the equilibrium interest rate in the international capital market?

  Report on the socio-economic issues

Applied Statistic Project Description Students are expected to research and report on the socio-economic issues using the economic / statistics concepts and tools provided in class. Some questions that students may wish to consider, and provide answe..

  Does the offer sound too good to be true

Does the offer sound too good to be true? Why?

  Find the equilibrium price and quantity

A monopolist firm faces the following cost curve: C(Q) = 10Q + 300, where Q is the output produced. The demand for its product is given by P = 50 - .

  Correlated with gdp per capita

1.) Give an example of something that is correlated with GDP per capita where it is a clear priori that causation runs from GDP to that measure and not in the other direction?

  Assume you know that gini coefficients for countries are as

suppose you are given the following data on household income distribution for the usa and chinese

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd