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A navy recruiting center knows from past experience that the height of recruits is normally distributed with a mean µ, of 180 cm (1 cm ¼ 1=100 mÞ and a standard deviation CJ of 10 cm. The recruiting center wants to test at the 1% level of signi?cance the hypothesis that the average height of this year's recruits is above 180 cm. To do this, the recruiting o?cer takes a random sample of 64 recruits and ?nds that the average height for this sample is 182 cm.
(a) Should the recruiting o?cer accept the hypothesis?
(b) What is the rejection region for the test in centimeters?
Marginal propensity: 0.63 - 0.76 what is expenditure multiplier? wil increase from __ to _____ and if multiplier increases, everything else equal. changein expend. will raise aggreg. ependiture to a [larger,smaller,same] amount
What is the new profit maximizing output level and how many workers are hired at this level
on their own firms have little incentive to invest in pollution abating technologies such assmokestack filters a
you are a new physician setting up your own practice in a new town. you are researching the different mcos offered in
Alice rents bikes on Orcus Island. In her current operation with 20 bikes Alice can generate $16,000 in after tax net revenue each year. Alice is considering expanding her operation to renting 40 bikes which will generate $35,000 in annual revenue an..
For the country you have been following this semester, analyze the impact of financial development in its economy. Obtain quarterly (preferably, if not annual) information with at least 35 data points for the following variables:
The problem belongs to Economics and it is clarify about calculation of a monopolist firm's marginal revenue function, profit maximizing output, total revenue function, the price charged by the firm, etc.
Find the new equilibrium price and quantity, and show this on your graph - Find the equilibrium price and quantity.
One roommate says that he buys stock only in companies that everyone believes will experience big increases in profits in the future. How do you suppose the price-earnings ratio of these companies compares to the price-earnings ratio of other compani..
Assume that a $100 at February 1, 2014 will worth $110 on January 31, 2015 and was $ 90 on January 31, 2013: Compute the interest rate for past and next year. Are they the same? What is the annual interest rate for the two years period?
What strategy was Avon pursuing until the mid-2000s? What were the advantages of this strategy? What were the disadvantages? What changes did Andrea Jung make in Avon’s strategy after 2005? What were the benefits of these changes? Can you see any dra..
How much output should the firm produce to maximize profit
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