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Q. Briefly, what is probability(1) work the following problems, (2) tell me what rule or principle you used to solve them and (3) then look at others' answers to check yourself and that person -- let's see if we can come to consensus on them!3.An investor buys 100 shares of AT&T stock and records the price changes daily.a.List several possible events for this experiment.b.Estimate the probability for each event you described in part a.c.Which concept of probability did your use in part b?4.A study by the National Park Service revealed that 50 percent of vacationers going to the Rocky Mountain region visited Yellowstone Park, 40 percent visit the Tetons, and 35 percent visit both.a.What is the probability a vacationer will visit at least one of these attractions?b.What is the probability .35 called?c.Are the events mutually exclusive? Explain.5.An investor owns three common stocks. Each stock, independent of the others, has equally likely chances of (1) increasing in value, (2) decreasing in value, or (3) remaining the same value. List the possible outcomes of this experiment. Estimate the probability at least two of the stocks increase in value.6.A telephone number consists of seven digits, the first three representing the exchange. How many different telephone numbers are possible within the 537 exchange?7.A company is creating three new divisions and seven managers are eligible to be appointed head of a division. How many different ways could the three new heads be appointed?
Illustrate what are the major factors that have affected U.S. household consumption since the recession in 2001.
you should note whether the scenario indicates a shift of the curve or movement along the curve. you are a supplier of widgets. What technology available to produce your product suddenly improves.
Damage to the parked car was $5,400, and damage to the store was $12,650. What amount will the insurance company pay for the damages. What amount will Kurt have to pay?
what percentage of assets do commercial banks hold in loans? what percentage of assets are held in mortgage loans?
Which of the following represents the consensus among most economists today with respect to the management of unemployment?
Assume a perfectly competitive firm's short-run cost is TC = 120 + 160Q + 3Q2. If the market price is $196, what should it do. Elucidate your answer, if continue then explain how much is to produce; state profit level in each decision it makes.
Explain and illustrate graphically relationship between price consumption curve of a normal good and a consumer's demand curve.
If thousands of consumers begin buying MP3 players, illustrate what will take place to provide as a result.
the changes that would occur to the jalapeno pepper market if suddenly Mexican food became popular, especially spicy Mexican food.
What are the four factors which both expected and unexpected,perpetuate the business cycle.
Describe the roles of government bodies which conclude the national fiscal policy
Use supply and demand model to explain the dramatic rise in the price of a college education.
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