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A sample of 26 offshore oil workers took part in a simulated escape exercise, resulting in the accompany- ing data on time (in seconds) to complete the escape ("Oxygen Consumption and Ventilation During Escape from an Offshore Platform," Ergonomics [1997]: 281-292):
389 356 359 363 375 424 325 394 402
373 373 370 364 366 364 325 339 393
392 369 374 359 356 403 334 397
a. Construct a stem-and-leaf display of the data. Will the sample mean or the sample median be larger for this data set?
b. Calculate the values of the sample mean and median.
c. By how much could the largest time be increased without affecting the value of the sample median? By how much could this value be decreased without affecting the sample median?
Take some time to think about the ways in which your learning in this class relates to the real world. Has the knowledge you gained been valuable in helping you understand or evaluate events or policies? Are there any current events in the news that ..
Discuss which theory of migration does the best job of explaining pattern of migration and why. Please include a bibliography.
Could production and consumption take place without money
Suppose you are a discus hurler and your goal is to maximize the distance you achieve. You "produce" discus hurls by practicing. The total benefit of practice is distance achieved, and the input that achieves this distance is hours of practice. D..
the state operates a toll road which currently charges 1.00 per car with 100000 cars using the road daily. the state
Construct a sequential equilibrium for this bargaining game for the case 7f = .2. (This is hard, but not impossible.) Construct a sequential equilibrium for this bargaining game for the case 7f = .8. (This is harder.)
What are some things that would affect changes in supply? How can quantity demanded be changed and what if the government raised the minimum wage. How would this policy effect your firm?
What is forgone when decisions are made?
What is the effect of a higher exchange rate on exports and imports?
What are the marginal costs and benefits of pursuing additional education and the inherent risks associated with this decision?
Managerial economics draws upon all of the EXCEPT - Managers may make decisions that are not consistent with the goals of stockholders.
quotas - quantitative problems1. in the u.s. daily supply and demand for a particular good are given by the equationsqs
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