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Suppose there are two events, A and B. A and B are mutually exclusive. P(A)=.4, P(B)=.5. What is P(A'?B')? 4. Suppose there are two elementary schools in a county. One school (A) loans all its students a laptop computer for use in classes. The other (B) does not. We would like to compare performance on a standardized test for the two groups of students. There are 28 students randomly chosen from school A and 34 from school b. The average test score for A is 78, and for B is 75. The sample standard deviation for A is 7 and for B is 10. While the population variances are unknown, we will assume they are equal. a. What is the 99% confidence interval for the difference between the two school's scores. (For consistency, let the difference d=A-B.) b. Suppose we want to perform a two-tailed test where H0 is that ?d=0. What is (approximately) the p-value of the test
Utilizing the standard IS/LM model, elucidate how the scope of monetary policy to change real economic activity in the short run depends on the private sector reaction to interest rate changes.
Elucidate a process under which the competing oligopolists can divide the cake so that the two consumers (who are also the producers) are protected from the downfalls of consumers in oligopolistic markets.
Suppose that during the past year tv fell from $2000 to $1800 per tv sales increased from 700000 to 800000 tv. calculate elasticity of demand.
List and describe the firms in the Industry. Describe the product, production methods, scale of production, and sources for raw materials. What technologies are used?
Illustrate what are the influences of aging population to business in developing countries. In these transactions, Explain how much has been added to GDP.
Assume that before the price of X2 fell, Fred had exchanged all of his inheritance of X1 and X2 for money, planning to use the money to finance his purchases later, explain how much of X1 & X2 will Fred consume after P2 fell to 1.
Suppose that the economy starts at equilibrium and the mpc = 0.8. Illustrate what would be the effect of a $300 increase in taxes once all the rounds of the multiplier process are complete.
General Cereals is using a regression model to estimate the demand as well as for Twee tie Sweeties, a whistle-shaped, sugar coated breakfast cereal for children.
the quantity supplied of the Real GDP in the long run is $4.3 trillion. Evalute is the economy in short run equuilibrium. Will the price in long run equilibrium be greater than, of less than, or equal to 132.
Assume an endogenous growth model with labour augmenting technology.
what could affect every also a Discussion of why it is more accurate to examine both when trying to conclude a nation's economic success.
Illustrate what were you thinking about the economy in 2005 and did you ever foresee a crisis of this magnitude. What policies could you have suggested to avoid the impending economic crisis.
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