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Suppose that basketball players are, during any given game, in one of three states: Hot (they make 75% of their shots), Normal (they make 50% of their shots), or Cold (they make only 25% of their shots). Suppose Steph Curry is Hot. What is the probability that he will make 3 baskets in a row? What if he is Normal? Cold? If you have no idea what state he’ll be in before the game (that is, each state is equally likely), what would you believe about the likelihood that he is Hot after he makes his first 3 baskets in a row?
Mr Patel runs a motel in Tampa, FL. The market is highly competitive since there are many hotels in the surrounding areas and the average room rent per night is $35. There are 30 rooms are Mr Patels motel and each room can be rented for 30 nights a m..
A friend of yours just bought a new sports car with a $4,000 down payment, and her $25,000 car loan is financed at an interest rate of 0.25% per month for 48 months. After 2 years, the "Blue Book" value of her vehicle in the used-car marketplace is $..
All else equal, in an open economy, how would an increase in the marginal propensity to import (MPI) affect the government purchases multiplier?
Why might firms consider issuing stock in foreign countries? Why might U.S. businesses look to issue more stock in Europe since the adoption of the euro (implemented in 1999)?
- To liaise with stakeholders and suppliers to source the expertise that can deliver the digital prototype(s) which should be in a format that can be directly integrated with existing social media - To integrate external partner sites and collabo..
How will commercial airlines respond to the threat of new $27,500 fines for keeping passengers on the tarmac for more than 3 hours? What inefficiency will this create? I recently sold my used car. If no new production occurred for this transaction, h..
Why the government now levies a tax on this good of 200$ per unit. Is this a good policy or why not. Can you propose a better policy
Under oligopoly, if one firm in an industry significantly increases advertising expenditures in order to capture a greater market share, it is most likely that other firms in that industry.
A construction company in Kurdistan expects to spend $4,000 two years later, $8,000 three years from now, and $6,250 six years from now. What is the present worth of the planned expenditures if the interest rate remains 11.8% per year? Use standard n..
A manufacturer of small plastic injection molded parts (caps, closures, fitments and pipettes) was experiencing static electricity problems during various steps in their molding and handling operations. The static caused the plastic parts to cling to..
If the central bank increases bank reserves (or the monetary base) by $25,000, and the reserve requirement is 5%, then the total money supply increases by how much? Why? The best explanation will be mathematical and descriptive, with at least one app..
q.consider a solow growth model with cobb-douglas construction depreciation rate delta savings rates population growth
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