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A population dataset is right-skewed and has a mean of 100 and a standard deviation of 5. Which of the following is true regarding the sampling distribution of the mean for a sample size of 1,000? Select one: a. It's standard deviation is 5. b. It's shape is right-skewed c. It's standard deviation is 0.158. d. It's mean is 10.
What made secession a significant trend in the history of the United States? It led directly to the American Civil War. It changed the national identity of the North. It signaled the abolition of slavery in the South. It resolved the Nullification Cr..
calculate the price elasticity when consumers expect price to increase tomorrow for Good X leading to an increase of 3 lbs. calculate the price elasticity when more producers enter the market of Good X leading to an increase of 3 lbs. calculate the p..
The market demand is P=100-1.5Q and marginal & average costs are constant at 10 (MC=AC=10) find the monopoly price and quantity. Find the perfect competition price and quantity. Calculate profit, social welfare (consumer and producer surpluses), and ..
What does each of the following theories recommend in regard to prevention of alcohol abuse and the rehabilitation of alcoholics: biological; psychiatric; psychological; rational choice; and learning/socialization?
If each nation grew at a constant rate over these years, in which year did the U.S. overtake the U.K. in terms of average income.
Two goods are complements if:
If we accept the conclusion that librarians are more vital to the country than professional football players, explain why are librarians so poorly paid in comparison.
If the central bank (the Federal Reserve) keeps printing money and lowering the interest rates to get consumers buy and businesses to borrow money, then the economy will improve. Do you agree with the statement? Hint: Think about the short term and i..
In a dynamic economy under ideal conditions,
Because of the close co-movement between the budget deficit and the current account deficit, the two are often referred to as “twin deficits”. Explain in detail how an increase in the budget deficit that is due to an increase in government spending (..
Explain what the income eect is. You may use plain English or use an illustrative example. However, you must convince me you know what it is without copying a denition. Repeat the above for the substitution eect.
Political scientist Garry Wills stated if leader is just an expediter of what other people wish, a resource for their use, the people are not being led but serviced.
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