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In a sample of 1000 US adults, 186 dine out more than once per week. Two US adults are selected at random from the population of all US adults without replacement. Assuming the sample is representative of all US adults complete parts a through d
a. Find the probabiity that both adults dine out more than once per week.
b. Find the probability that neither adult dines out more than once per week.
c. Find the probability that at least one of the two adults dines out more than once per week. round to 3. Which of the events can be considered unusual?
The purpose of this milestone is for students to begin their firm analysis from a microeconomic perspective, applying concepts learned in Modules One, Two, and Three. Specifically, students will examine the supply and demand conditions for the goo..
As we know that there are some people who cannot have children who want to adopt, and there are pregnant women who for various reasons want to put their babies up for adoption
Using the following demand schedule and a graph sheet plot the demand and supply curves? Also, show the market equilibrium point on the graph. And what is the market equilibrium quantity?
Your company has a customer who is shutting down a production line, and it is your responsibility to dispose of the extrusion machine.The company could keep itin inventory for a possible future product and estimates that the reservation value
Elucidate how would the different forces come together to create a convergence between the interests of stockholders and managers.
Elucidate the difference between GDP and GNP. What adjustments needs to be made to GDP to arrive at GNP.
The United State is currently running an $800 Billion trade deficit. Is this bad for the economy? Suggestion: use the GDP computation, GDP= C + G+ Ig + Xn.
a polarity is a problem that cant be resolved. some business problems like whether to offer retirement benefits or not
Elucidate how an increase in your nominal income and a decrease in your real income might occur simultaneously.
Master Card has a series of cute commercials that list a series of accounting items and costs leading to a priceless product. Cell phones are often advertised as being free. In economics, it is said that nothing of value is either free or priceles..
Quarter One - Consumer income has been on the rise and it is predicted to rise again in the first quarter of this year. Mexico and Canada have been forecast to have a very good first quarter also with the income of their average citizen on the ri..
1. Suppose that a local government decides to provide more funds to the local police department in order for the department to hire additional police officers. Is there an opportunity cost of this action? If so, how would you measure it?
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