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In an investigation of the possible influence of di- etary chromium on diabetic symptoms, some rats were fed a low-chromium diet and others were fed a normal diet. One response variable was activity of the liver enzyme GITH, which was measured using a radioactively labeled molecule. The accompanying table shows the results, expressed as thousands of counts per minute per gram of liver.3 The sample means are 49.17 for the low- chromium diet and 51.90 for the normal diet; thus the difference in sample means is - 2.73. There are 10 possible randomizations of the five observations into two groups, of sizes three and two.
(a) Create a list of these 10 randomizations (one of which is the original assignment of observations to the two groups) and for each case calculate the low-chromium diet mean minus the normal diet mean.
(b) How many of the 10 randomizations yield a difference in sample means as far from zero as - 2.73, the difference in sample means for our observed samples?
She tells her friend that the additional utility she would get from the second pair of sneakers is the same as the additional utility she would get from the fifth sweater.
A fall in the tax rate on capital will cause the aggregate expenditure curve to shirt up and aggregate demand curve to shift to the left, all else constent
A government is running a balanced budget. An election is approaching and the gov- ernment decides on a one-time, temporary massive tax cut that will cut tax revenue by $50 billion in one year; after the year is over, tax rates and tax revenue ret..
Andrew has decided to open an online store that sells home and garden products. After searching around, he chooses the software company Initech to provide the software for his website since their product required the least amount of specialized inves..
The Babylonians studied problems which lead to simultaneous linear equations and some of these are preserved in clay tablets which survive. For example a tablet dating from around 300 BC contains the following problem:-
Purchase of machinery to be used in production unit - 100, Sales-200, Intermediate costs-90, Indirect Tax-12, Change in Stock-10, Excise duty-6, Stock of raw material-5.
Write a three- page research to explain how you would use the monetary and fiscal policy tools to jump start the economy.
determine what fiscal policy measure has a more direct impact to the economy an increase in government spending or an
Is the relationship between MSBPSD and MSBNON reasonable based on the legislated distinction between PSD areas and nonattain- ment areas? Briefly explain.
Might his heirs suffer from being bequeathed too many of his works? As the heirs' financial adviser, what strategy would you advise them to pursue in selling pieces of his work?
What is the elasticity of demand with respect to income? Comment on and interpret your answer (i.e., the sign and magnitude of the elasticity).
Desired consumption is Cd = 100 + 0.8Y - 500r - 0.5G, and desired investment is Id = 10 -500r. Real money demand is Md/P = Y - 2000i. Other variables are πe = 0.05, G = 200, = 1000, and M = 2100.
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