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On average, 30-minute television sitcoms have 22 minutes of programming. Assume that the probability distribution for minutes of programming can be approximated by a uniform distribution from 18 minutes to 26 minutes.
a) What is the probability a sitcom will have 25 or more minutes of programming?
b) What is the probability a sitcom will have between 21 and 25 minutes of programming?
c) What is the expected duration of programming?
d) What is the mean and standard deviation of the random variable?
E) Write the equation of the probability density function?
f) Diagram the probability density function?
Executives estimate, for the first year, that they will have gross revenues of $500K, total costs of $300K, $30K in tax deductions and a one-time start-up credit of $8K. What will the company pay in income tax?
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Many economists claim that in a small open economy operating under a fixed exchange rate regime, the domestic central bank is powerless to control the money supply, and monetary policy is thus powerless as a tool to stabilize domestic output. Do you ..
Given the same price elasticity of supply, sellers would be able to pass along the largest portion of a 10% tax on which item.
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When comparing different alternatives?
The state of Minnesota is considering building a highway through undeveloped wilderness. The construction will take 1 year and the construction costs are estimated at $10 million. Find the annual value of benefits which generates a zero net present v..
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Which of the following is a payroll tax?
q. a draw the supply and demand for apartments. assume in this market all apartments are identical so there is only one
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