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A closed model for an economy identifies government, the profit sector, the nonprofit sector, and households as its industries. Each unit of government output requires 0.4 unit of government input, 0.3 unit of profit sector input, 0.3 unit of nonprofit sector input, and 0.4 unit of households input. Each unit of profit sector output requires 0.3 unit of government input, 0.4 unit of profit sector input, 0.2 unit of nonprofit sector input, and 0.5 unit of households input. Each unit of nonprofit sector output requires 0.2 unit of government input, 0.2 unit of profit sector input, 0.2 unit of nonprofit sector input, and 0.7 unit of households input. Each unit of households output requires 0.05 unit of government input, 0.2 unit of profit sector input, 0.2 unit of nonprofit sector input, and 0.25 unit of households input.
Write the augmented matrix for this closed model of the economy according to the Closed Leontief model as described in Mathematical Applications for the Management, Life, and Social Sciences By Ronald J. Harshbarger, James J. Reynolds.
How can we take this "chart" and use it to find the Regression Equation? What is the equation?
What is the probability of drawing a red ball on the second draw if the first one is put back in the box after it is drawn?
Between 1951 and 2000, there were 295 hurricanes in the Atlantic Ocean. Assume that the numbers of hurricanes in different years can be accurately modeled as i.i.d. random
Provide an example of an independent sample and or a related sample that might be appropriate for use in your organization.
What is the probability that at least one of the alterations is discovered? Find the expected value and variance of the number of altered accounts discovered during the audit.
if when measured in degrees celsius temperature is normally distributed with mean 115 and standard deviation 2 what can
The engineers hoped to base their decision on the reactions of 50 drivers, but time and budget constraints may force them to cut back to 20. How would this affect the power of the test? Explain.
Sales are above 671,000 copies, and 10% of the time, sales are above 712,000 copies. Find the mean and the variance of annual sales.
Cast a die a number of independent times until a six appears on the up side of the die. Find the probability density function F(x)= P(X
Two teams of workers assemble automobile engines at a manufacturing plant. Quality control personnel inspect a random sample of the teams assemblies and judge each assembly to be acceptable or unacceptable.
A biologist estimates that 50% of deer in the region carry a certain type of tick. for a sample of 300 deer selected at random, what is the chance that 155 or fewer deer have this tick?
when a decision problem under risk or uncertainty involves multiple objectives what solution approaches are
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