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According to the "January theory," if the stock market is up for the month of January, it will be up for the year. If it is down in January, it will be down for the year. According to an article in The Wall Street Journal, this theory held for 24 out of the last 34 years. Suppose there is no truth to this theory; that is, the probability it is either up or down is 0.5.
What is the probability this could occur by chance?
How many different formulas can you think of for allocating a reduction in global CO2 among the nations of the world? Compare and contrast these in terms of efficiency and e
Let βˆ A and βˆ B denote the slopes of the least-squares lines. Assume these slopes are independent. There are 120 observations in each data set. Test the null hypothesis in
Suppose a cost minimizing firm wihses to change its scale of production and needs to know the combination of labor and capita to employ. If the firs's total cost outlay is $
Suppose that a monopolists market demand is given by P = 100 - ?2Q and that marginal cost is given by MC = Q/2. a)Calculate the profit-maximizing monopoly price and quantity.
General price inflation is estimated to be 3% for the next 5 years, 5% the 5 years after that, and 8% the following 5 years. If you invest $10,000 at 10% for those 15 years,
An economic bad is something you don't want to consume, i.e. less bad is better. Define an economic bad mathematically and name one economic bad in reality. Suppose you had
In 2001, Statistics Canada estimated the labor force at 16,109.8 thousand, employment at 14,946.2 thousand, and the working-age population (15+ years of age) at 24,444.3 tho
a. The opportunity cost of 1x of moving from combination B tocombination D is 2z. b. The opportunity cost of 1x of moving from combination F tocombination D is 0z. c. The econ
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