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1.) Suppose the quantity demanded weekly of the Super Titan radial tires is related to its unit price by the equation p+x2=196
where p is measured in dollars and x is measured in units of a thousand. How fast is the quantity demanded weekly changing when x=6, p=160, and the price per tire is increasing at the rate o f$2/week?
2.) Suppose the quantity x of Super Titan radial tires made available each week in the marketplace is related to the unit-selling price by the following equation where x is measured in units of a thousand and p is in dollars.
P=1/2x^2=48
How fast is the weekly supply of Super Titan radial tires being introduced into the marketplace when x = 6, p = 66, and the price/tire is decreasing at the rate of $6/week?
Should the null hypothesis be rejected for the difference between the two groups in change in mobility scores over 12 weeks? Provide a rationale for your answer.
(1) A lottery is held to award tickets to this weekend's basketball games. The probability of winning a ticket to Friday night's game is pF. For Saturday night's game, the probability is pS. Assuming the contest for each night's tickets are run..
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