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Let f(x) = ( x^3/5000)(10 - x) and x be a variable contained in the interval [0,10] and f(x) = 0 for any other value of x. a. Prove that f(x) is probability density function. b. Find its cumulative distribution function. c. find p(1<=x<=4) d. show that P(x=6)=0 e. draw a diagram that correctly resembles each of the case (c, d, e)
you have been hired by nobody state university nsu as a consultant to help the university with how to increase their
Determine which moral philosophy is most applicable to an understanding of the banking industry meltdown. Explain your rationale.
Changes in price do not always impact demand to the same degree, and in some cases change in price impact demand very little. Such goods are said to have relatively inelastic demand.
1 at a price of 100 beachside canoe rentals rented 11 canoes. when it increased its rental price to 125 9 canoes were
The initial endowments
Analyze the determinants of the price elasticity of demand and determine if each of the following products are elastic or inelastic bottled water
Select a business or other organization with which you are familiar, one you work for or have considerable knowledge about - Identify and explain two ethical principles that might be applied to solving this problem.
Discuss the current economic situation in the U.S. as compared to five (5) years ago. Include interest rates, inflation, and unemployment rate in your explanation.
Suppose Texas(an oil producing state) has been proposing the implementation of a tariff on oil imports. If the world price of oil declines significantly , the chance that the proposal will be implemented will increase
Can you identify factors that led to our country's trade deficit? Do you believe our country has developed a great dependency upon foreign goods and natural resources in which manufacturing and production have been hindered domestically as a resul..
Price elasticity of demand for this curve at any arbitrary point (say point E). To do so, first write the algebraic form of this Use your results from part a together with the fact that distance X in the figure is given by the current price, P*, to s..
After reading about the Solow growth model, which concludes that continued economic growth requires continual innovation, and Schumpeter’s dynamic growth model, does the combination of these two models provide an adequate model of technological chang..
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