User Account

All Pages

What is the probability that the mean of the atomic numbers

Assignment Help Managerial Economics
Reference no: EM13987341

1. As part of his review for a chemistry test, a student randomly selects (without replacement) 40 out of 102 elements listed on the standard tables, and tries to guess their atomic numbers. Given that the mean of all 102 atomic numbers is 51.794, and the population standard deviation is 29.804, what is the probability that the mean of the 40 atomic numbers selected by the student will be at least 58.3? 

Reference no: EM13987341

Questions Cloud

Representative or average value : Center - a representative or average value that indicates where the data set is located Variation - a measure of the amount that the data values vary among themselves Distribution
How do people go about enrolling for medicare : In the state of Florida ,data that is commonly used in health services systems. This includes census data, vital statistics data (birth, deaths, marriages, and divorces), surveillance data, administrative data, and survey research data. Which office ..
How did that person display activated ignorance : Describe the primary point of view that you use to guide your thinking. What are the strengths and weaknesses of your view? In addition, describe a time when you, someone you know, or someone from a story you have seen experienced activated ignorance..
What is the interval estimate for the proportion : In a random sample of 2877 cars on a used car lot, 5 of the 43 chosen cars failed a safety inspection. The sampling method had a margin of error of 0.02. What is the interval estimate for the proportion that would fail in the form of (lower limit and..
What is the probability that the mean of the atomic numbers : Given that the mean of all 102 atomic numbers is 51.794, and the population standard deviation is 29.804, what is the probability that the mean of the 40 atomic numbers selected by the student will be at least 58.3?
What is the point estimate of the proportion of voters : From a phone survey, a researcher determined that the estimate for the proportion of voters who will reelect the mayor is likely in the interval (0.39, 0.47)
What competition you might experience : Assume that you are going to start a small business of your own. Describe the business and, utilizing the concepts of this unit and the earlier units, discuss: What costs you would incur; What competition you might experience;
Administration and management of tax and subsidies : The administration and management of tax and subsidies should be the tool for achieving fiscal policy toward economic stabilization and growth. Explain it in details and with examples.
Is there a positive and negative effect to the economy : In macroeconomics, international trades play a role in almost every item we purchase in our daily lives. For example, Colgate toothpastes are “Made in Mexico”, items that are “Made in China”, “Made in Malaysia”, etc. What are your views and opinions ..

Reviews

Write a Review

Managerial Economics Questions & Answers

  Identifying the level of output

Given output and Total Cost information in the Table below, Complete the following columns: Fixed Costs, marginal Cost, Variable cost, Average Total Cost columns.

  What is the market demand equation

What is the market demand equation?

  Estimate the value of the investment timing option

Tropical Sweets is planning a project that will cost $70 million and will create expected cash flows of $30 a year for next 3-years. The cost of capital for this type of project is 10% and the risk-free rate is 6%.

  How realistic is the sales maximization model

How realistic is the sales maximization model from experience with business objectives as pursued by Zimbabwean firms

  Calculate the price elasticities of demand in each market

Derive the demand curves for GGCs product in each market - Derive GGC's marginal revenue (MR) and marginal cost (MC) curves in each market. Show graphically GGC's demand, MR, and MC curves for each market.

  How much joint cost should be allocated

How much of the $76,000 joint cost should be allocated to No. 2 Common? a. $77,000. b. $0. c. $76,000. d. $48,000. e.$17,267.

  How much of total demand do the follower firms supply

TAlchem (L) is the price leader in the polyglue market. All 10 othe manufacturers (followers) (F) firms sell polyglue at the same price as Alchem

  System of free market capitalism

What are the three most influential intellectual, historical, or political forces that have shaped the system of free market capitalism that characterizes the economy of the United States at the end of the twentieth century?

  System of fixed wages

American Linen is a company that has multiple salespersons. In 2008, it changed the compensation method for its sales force, moving from a system of fixed wages to one of base wage plus charge.

  Marginal cost approach to decision making

Continental Airlines was doing something that seemed like a horrible mistake. All other airlines at the time were following a simple rule: They would only offer a flight if, on average,

  What does it mean "it''s like a balloon"

What does it mean "it's like a balloon"? What is like a balloon? Why is it like a balloon? 3.) Explain why government regulations to restrict some activity occurring in a free market typically end up making matters worse. 4.) Who supported the Dodd-F..

  Would you rather be managing an apartment complex

With respect to complying with applicable landlord-tenant laws, would you rather be managing an apartment complex or an office building? Explain.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd