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Assume that in response to increased unemployment, congress increases unemployment insurance benefits from 26 to 99 weeks. How will this affect frictional or structural unemployment? Decribe how?
Business Economics, Economics
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A particular normally distributed population has a mean of 40 and a standard deviation of 6. For each sample below, use a z test and indicate if it shows a significant result (α = .05, onetailed): (a) sample of N = 10 wi ...
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Patients C and D live in the U.S., where lawyers are paid contingency fees, and the cases are comparable in the sense that the probabilities of receiving compensation are the same. However, patient C lives in a state whe ...
If you are tossing a fair coin 10 times, what is the probability of getting exactly 9 heads out of the 10 coin tosses?
Test the following hypotheses of the difference in population means by using the following data (α = .10) H0: µ1- µ2=0, Ha: µ1- µ2 Sample 1 : X=51.3 σ2=52 n=31; Sample 2: X=53.2 σ2=60 n=32 Use the critical value method t ...
A bank credit card offered to 500 households; the responses to the offer are as follows. income $50,000 accept offer 50 40 Reject offer 250 160 What is the probability of the offer being accepted or income being > $50,00 ...
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