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In a population Y=100 and Y=43. Use the central limit theorem to answer the following questions
a. In a random sample of size n=100, find P(Y< or = 7.78)
a. In a random sample of size n=165, find P(Y> or = 98).
c. In a random sample of size n=64, find P(101< or = Y< or = 103)
A Taiwan electronics corporation exports personal computers to the United States Their PC sales over the past five years are following:
Despite very low growth of GDP in 2008 and 2009, and still high unemployment rate of 9.5 percent in June 2010.
Recognize economic forecasts for real GDP, the unemployment rate, the inflation rate, a key interest rate, and the value of the dollar.
Suppose the demand for a product is given by P = 50 - Q. Also, the supply is given by P = 10 + 3Q. If a $12 per unit excise tax is levied on the buyers of a good, after the tax,what is the total quantity of the good sold.
Now calculate the GDP deflator for 2011 and 2012 (assuming that 2011 is the base year). d) What is the rate of economic growth between the two years as defined byt he percent change real GDP. e) What is the rate of inflation between the two years?
The services of a certified psychologist cost $110 per hour, and an extended health plan covers 50 percent of that cost. Under the plan, the clients covered used 625 hours of this service in a typical three-month period. To save money, the extende..
Calculate the elasticity of demand for burrito meals with respect to the price of burritos, the price of tacos, and per capita income.
We have three variables, Information is 2000-2005. I use OLS to Determine the model and get a standard result.
The Clap Chemical Company needs a large insulated stainless steel tank to expand its plant. Clap has located such a tank at a recently closed brewery. The brewery has offered to sell the tank for $15,000 delivered.
Based on the information for the U.S. for the period 1970 to 1983, the following regression results were obtained, GNPt = -787.4723 + 8.0863M1t r2 = 0.9912
When disparities exist from census information, housing starts data and other research data when seeking for information to help with predicting the power tool market
Draw a separate box diagram to show what the contract curve might look like if Aisha was concerned about very low consumption of food and clothing by Robin, but Robin was only concerned about his own consumption.
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