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Assume that a demand equation is given by q = 9000 minus 100p.
Find the marginal revenue for the given production levels(values of q). (Hint: Solve the demand equation for p and use R(q)= qp.)
marginal revenue at 1000 units =
marginal revenue at 4500 units =
marginal revenue at 7000 units =
Use relative frequencies to estimate the probability that a seed will germinate, What is your estimate?
Draw and label distribution used and position of values found.
specimens of blood from 10 different animals were analyzed for blood count say y in units of 100 and packed cell volume
Now assume that θ2 > 0 (with probability 1), and let δ1 hat be the Bayes estimator of 1/θ2 under the setup above. Show that δ1δ2 hat is the bayes estimator of θ1/θ2 , given x = (X1, X2).
steve and his friends are relaxing at a local tavern. the number of drinks that steves table receives is poisson
Suppose that a car rental agency offers insurance for a week that will cost $10 per day. A minor fender bender will cost $1,200 while a major accident might cost 10,000.
exercise 6.28 provides data on sleep deprivation rates of californians and oregonians. the proportion of california
given independent random variables with the means and standard deviations below find the mean and standard deviation of
The fill volume of cans produced by a certain machine is normally distributed with mean 12 oz and standard deviation .03 oz. [4] a. What proportion of cans contain less than 12 oz?
An instructor claims the average time to take a statistics test is greater than 39 min. As, if a sample of 33 students took 43 min. is the instructor's claim true?
The assembly consists of two blocks and which have masses of 20 kg and respectively. Determine the speed of each block when descends The blocks are released from rest. Neglect the mass of the pulleys and cords.
At a large commercial bakery, one of the measures familiar with evaluate employees is the number of broken cookies per 1000 produced. The quality control department wants to determine if there is a relationship between years of experience and bro..
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