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In an effort to check the quality of their cell? phones, a manufacturing manager decides to take a random sample of 10 cell phones from? yesterday's production? run, which produced cell phones with serial numbers ranging? (according to when they were? produced) from 82002000 to 82002999. Assume that each of the 1000 phones is equally likely to be selected.
?a) What distribution would they use to model the? selection?
?b) What is the probability that a randomly selected cell phone will be one of the last 87 to be produced.
?c) What is the probability that the first cell phone selected is either from the last 245 to be produced or from the first 44 to be produced.
Many police officer positions require the applicant to have a college degree even though the tasks of a police officer rarely call upon college course material.
With your knowledge about the two types of monetary policy, give a brief news blog explaining either expansionary or contractionary policy.
In the replacement analysis under various circumstances. Briefly summarize what your text calls Techniques 1 (Is Appropriate When Replacement Repeatability Assumptions Hold), 2 (If the replacement repeatability assumption holds, compare EUAC of the d..
How do you draw an individuals slope on a PPF. Like if Kevins slope is -6 on a societal PPF, how would you know where to mark it?
Oscar's Outdoor Signage employs salesmen to find new advertisers for existing signs. In an average month, salaried sales staff can keep 80 of 100 signs.
Suppose a firm's short run total cost curve can be expressed as STC (Q) = 50Q + 10. Calculate the firm's short run-average total cost curve and average variable cost.
How is superior theory of comparative advantage of David Rivardo to the theory of absolute advantage Adam Smith? How the gains from trade comparative advantages emerge? Discuss the empirical evidence that supports the Ricardian model.
The calculation of the important mathematical constant e and the square root (v) will be done as the sum of an infinite series:
Calculate the yield to maturity for each bond. Calculate the expected annualized compound rate of return over the five years for each bond. Which bond offers the higher expected compound rate of return?
Suppose that the market price for a bottle of vitamins is $2.50 and that at that price the total market quantity demanded is 75,000,000 bottles.
Discuss three strategies identified to raise student achievement in rural districts. Has any of the strategies been implemented in your school/life?
What are the major theoretical rationales behind the ISI (import substitution industrialization) strategy? How do you evaluate its success and/or failure? What developments were responsible for its termination in most Third World countries?
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