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Question: Determine the sample size n needed to construct a 90% confidence interval to estimate the population proportion when p=0.42 and the margin of error equals 8%. Provide justifications and citations for your responses.
Macroeconomics, Economics
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Question: When using OLS, we assume that the errors are independent (i.e., not serially correlated) and normally distributed with constant variance (i.e., homoscedastic). These assumptions allow us to use the F and t dis ...
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Question: Consider the Aggregate demand - Aggregate Supply model, suppose the economy begins in a short run equilibrium with output equal to potential output. - Illustrate this scenario in an AS-AD diagram. What is the i ...
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Questions: 1. In Country Faraway, cigarettes are forbidden, so people trade cigarettes in a blackmarket. The cigarette demand is QD = 12 - P, and the cigarette supply is Qs = 2P. a. Find the equilibrium price and quantit ...
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