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1. If there are 50 observations in a sample, how many degrees of freedom are there? (The context here is for finding a t value when constructing a confidence interval or testing a hypothesis for the pupoulation mean)
2. If there are 39 observations then how many degrees of freedom are there for the t distribution (for a sample mean)
3. If there are 34 observations then how many degrees of freedom are there for the t distribution (for a sample mean)
4. If the sample size is 53 and the population standard deviation is 13.06 then the standard error is ? (Answer to two decimal places)
Explain how would it change as PM Company adopts additional international market expansion strategies. How long and what will it take to actually change the organizational structure.
A firm has the following cost functions: TC = 1200 + 2Q - 0.2Q2 + 0.01Q3 and MC = 2 - 0.4Q + 0.03Q2 A. Determine equations for the following: 1) total variable costs 2) average fixed costs 3) average variable costs 4) average total costs
When calculating GDP, describe the significance of each component in the expenditure approach How does GNP differ from GDP Is GDP a reliable economic indicator to predict the changes in the business cycle
Most commercial fish species in nearly every ocean and sea are rapidly depleted. The world fisherman and vessels represent twice as much fishing power as major stocks of fish can sustain.
Assume we refused to sell goods to any country that reduced or halted its exports to us.
Apart from the abundance of these resources, you also see a lot of poverty. Can you provide an economic explanation of why poverty exists
With a given q , what is the household's expected utility? Hint: Be very careful setting this up. Specifically, there are only two possible outcomes. In both outcomes, for instance, the firm's wealth will be the value of their safe asset plus the ..
After suffering two years of staggering hyperinflation, the African nation of Zimbabwe officially abandoned its currency, the Zimbabwean dollar, in April 2009 and made the U.S. dollar its official currency. Why would anyone in Zimbabwe be willing to ..
Assume that a country's inflation rate was 100 percent per year in both 1990 and 2000 but that inflation was falling in the first year and rising in the second.
The State of Glottamora has $100 million remaining in the budget for the current year. One alternative is to give Glottamora a one-time tax rebate. Alternatively, two proposals have been made for state expenditures of these funds.
Skill-biased technical change, through its effect on labor supply of skilled and unskilled workers, can generate an increase in wage inequality"
Becky is 6'5" tall and Bill is 5'4" tall. Becky and Bill are on the same intramural basket ball team. Becky can out rebound anyone else on the team and Bill can make more three point shots and dribble the basket ball better than anyone else on t..
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