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Suppose that permanent income, YP (t) is calculated as the average of disposable income (YD t ) over the past 5 years, that is: YP (t) = 0.2(YD t + YD t-1 + YD t-2 + YD t-3
A certain manufactured item is visually inspected by two different inspectors. When a defective item comes through the line, the probability that it gets by the first inspector is
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Please show work as we need to understand how to calculate the following 4 questions: 1. You play a card game where 2s are considered wild. You are dealt 7 cards - what is the
what are the requirements of linear programming?
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consumer behaviour in accounting
A thief is running away in his car with a velocity of 20m/s.A police jeep is following him which is sighted by the thief in his rearview mirror, a convex mirror of focal length 10m
Take the Hotelling's location model (the linear city) discussed in class for the case in which all firms are required to charge the same fixed price. Further assume that firms choo
A number of years ago the American Academy of Pediatrics recommended that tetracycline drugs not be used for children under the age of 8. Prior to this recommendation, a two-year s
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