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The variance of X is equal to 33.25 and the population variance of u is equal to 160,000. Using equation (3.29), show that the standard deviation of the probability density function of the coefficient of X is equal to 15.5. Are the standard errors in the table good estimates of this standard deviation?
a. Draw each budget line. Represent the chosen bundles, naming them respectively A, B, C, D, E. b. Is this consumer's behavior compatible with the weak axiom of revealed preferences? c. Circle in red those points you are sure they bring less utilit..
According to the profit-maximization goal, the firm should attempt to maximize short-run profits since there is too much uncertainty associated with long-run profits.
The Columbia Company manufactures a battery-powered saw. Due to increased demand during the past few years, Columbia has increased plant capacity for the saw to 300,000 units. The firm's expected output and sales for the next year in their normal..
A verbal, everyday argument enables academic readers to access summaries other viewpoints.
Fred is a salesman who can sell enough to generate $200,000/year worth of profit for his company. He earns only $110,000 in compensation.
First we have to determine the general inflation rate over the project period, then we need to convert the cash flows into actual dollars into equivelant constant dollars with year zero as the base year. Then if the annual inflation free interest ..
First, discuss the six featured dispersion models and the structural basis for each. Second, select one dispersion model to fully describe in detail, while including an appropriate scenario for using that select dispersion model in industry.
How might a critic respond to the claim that taxes always make the allocation of resources less efficient?
what is the value of their producer surplus if each mows a lawn and the price for lawn mowing is $107
The following is the demand function for a company that makes caps featuring names of college and professional teams in a variety of sports. Q=2,000-100P Where Q is cap sales and P is price. a.) How many caps could be sold at $12 each
The U.S. Dairy Industry wants to estimate the mean yearly milk consumption. A sample of 13 people reveals the mean yearly consumption to be 58 gallons with a standard deviation of 18 gallons. (a-1) What is the value of the population mean
You enroll in a thrift plan in which you are allowed to contribute 8% of your pretax salary per year. The company contributes an additional 6%. Your starting salary is $62,500 and you can expect annual increases of 3.5%.
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