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A mathematics test of 100 multiple- choice questions is to be given to all freshmen enetring a large university. Initially, in a pilot study the test was given to a random sample of 20 freshmen. Suppose that, for the population of all entering freshmen, the distribution of the number of correct answers would be normal with a variance of 250.
A. what is the probability that sample variance would be less than 100?
B. what is the probability that sample variance would be more than 500.
Illustrate what is explict opportunicy cost of attending college. what is an implicit opportunity cost of attending college.
Suppose that you have been invited to speak to an assembly, athletic players meeting or other group at your former high school. You are talking about your career and what you have achieved.
Illustrate what technologies are utilized. Describe the competitive environment within the industry. Is there a dominant firm.
Compute and plot yield spread (difference between yields to maturity of console and one-period bond). Is yield spread pro-cyclical or counter-cyclical.
Calculate firm 1's profit-maximizing output and profits in the absence of potential competition and calculate the output and profits of both firms in case firm 1 accommodates entry.
Explain how much would cumulative spending increase as a result. H ow much more did the average household spend on appliances, electronics, and furniture when it received the 2008 tax rebate.
If a portion of the loans extended by commercial banks is taken as cash rather than as checkable deposits, the maximum money-creating potential of the commercial banking system will.
a bear that weighs 4000n gasps a vertical and slides down at constant velocity. Illustrate what is the friction force that acts on the bear.
Compute the value of deadweight loss with the new demand curve to verify your intuition about the answer to the previous question.
Suppose that the US government determines that cigarette smoking creates social cost not reflected in the current market price an equilibrium quantity of cigarettes.
If fixed costs increase to $1200, what will happen to equilibrium price and quantity.
Find internal rate of return to nearest whole percentage point. Oak Furnishings is considering a project that has an up-front cost.
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