(Answered) Each of the following lists has an average of 50 for which

Economics

Each of the following lists has an average of 50. For which one is the spread of the numbers around the average biggest?smallest?

a. 0, 20, 40, 50, 60, 80, 100

b. 0, 48, 49, 50, 51, 52, 100

c. 0, 1, 2, 50, 98, 99, 100

Guess which of the following two lists has the larger SD. Check your guess by computing the SD for both lists.

a. 9, 9, 10, 10, 10, 12

b. 7, 8, 10, 11, 11, 13

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M93134628
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Economics

Suppose we have a hypothetical economy with a marginal

Suppose we have a hypothetical economy with a Marginal Propensity to Consume of seventy-five percent (75%). Further assume business investment spending increases by $2,000. By how much will this change affect Gross Domes ...

Solar panel installationa university spent 18 million to

Solar Panel Installation A university spent $1.8 million to install solar panels atop a parking garage. These panels will have a capacity of 500 kw, have a life expectancy of 20 years and suppose the discount rate is 10% ...

This problem involves the flipping of a fair coin assume

This problem involves the flipping of a fair coin. Assume that the coin is flipped 3 times, and the random variable X is defined to be 4 times the number of heads minus 5 times the number of tails. How many different val ...

Consider a perfectly competitive market with market supply

Consider a perfectly competitive market with market supply QS= -2+ P and market demand QD= 40 -P/2. Suppose the government imposes a tax of $6 per unit on this market. How much tax revenue is collected? a.$0 b.$48 c.$96 ...

1 suppose that the total benefit and total cost from a

1. Suppose that the total benefit and total cost from a continuous activity are, respectively, given by the following equations: B(Q) = 100 + 36Q - 4Q2 and C(Q) = 80 + 12Q. [Note: MB(Q) = 36 - 8Q and MC(Q) = 12.] a. Writ ...

One hundred twenty-five marine recruits participated in a

One hundred twenty-five marine recruits participated in a study to assess the benefits of a strength training program. Each recruit was given a push-up test at the beginning and end of the program. The change in number o ...

Determine the minimum sample size required when you want to

Determine the minimum sample size required when you want to be 95% confident that the sample mean is within one unit of the population mean. Assume a standard deviation of 4.3 in a normally distributed population.

A investment1 the following relates to the choices firms

A. Investment 1. The following relates to the choices, firms can make regarding the allocation of profits. (a) Outline the broad choice available to firms when deciding to allocate profits. (b) Do increases in profits in ...

Carefully explain how the negative price elasticity of

Carefully explain how the negative price elasticity of demand affect the revenue or profit of an organization?

Why would the communities in the territories not be listed

Why would the communities in the territories not be listed for government transfer payments? Why do cities and towns get government transfer income?

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Economics Expert