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Describe one unique and specific example of market basket analysis or DNA sequence analysis where data mining can help. Explain how it would help the retailer or sponsor of the data mining effort.
Use references and justification to support your point of view.
Revise the following paragraph, correcting punctuation (and capitalization of new sentences) as needed. find me shivering on the front porch they asked me what on earth are you doing out here in weather like this my blue lips were just too cold too e..
Reliable packaging is a perfectly competitive firm. Its output is 20,000 units a day; its daily total revenue is $750,000; its average total cost is $37.50; and its average variable cost is $27.50. It is operating at the output level where average to..
Private insurance raises issues of adverse selection and moral hazard. Consider insurance that compensates professional athletes for injuries that result in lost income. Illustrate how adverse selection could be a problem for this type of insurance. ..
Demand is defined by P=250-2Qd. Suppose that marginal cost is MC=Q where Q is the quantity produced by the monopoly. Find the monopoly quantity. Find the monopoly price. Suppose that there are NO fixed costs. Find profits corresponding to monopoly pr..
What are the 3 tools of monetary policy? The FED is facing a problem of inflation. What policy should be used? How would each of the tools at the FED’s disposal be used? Be Specific. If a student deposits a $600 tax refund and the required reserve ra..
The shape of Canada’s production possibilities frontier (PPF) should reflect the fact that as Canada produces more trucks and fewer cars, the opportunity cost of producing each additional truck ______.
In what conditions will an increase in the price of a product lead to a reduction in total spending for that production.
The City of Brandon is installing a new swimming pool in the municipal recreation centre. Two designs are under consideration, both of which are to be permanent (i.e., lasting forever). The first design is for a reinforced concrete pool that has a fi..
When countries such as the U.S. promote production of domestic cotton, developing countries that produce cotton are hurt. Why?
Suppose that Italy and Sweden both produce beer and olives. Italy's opportunity cost of producing a crate of olives is 5 barrels of beer while Sweden's opportunity cost of producing a crate of olives is 10 barrels of beer. which of the following term..
The first effort at converting “republican ideology” into a real government resulted in the Articles of Confederation. What were the strengths/weaknesses of this government? Why did the Founders create this government? After only a decade America’s l..
What is the deadweight loss if buyers, instead of vendors, are required to pay the tax of $4 for each unit of the good sold.
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