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Explain the real-nominal principle in detail? This is from Economics course.
Business Economics, Economics
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A population has a mean μ=83 and a standard deviation σ=26. Find the mean and standard deviation of a sampling distribution of sample means with sample size n=247.
You have an opportunity to buy a bond with a face value of $10,000 and coupon rate of 14%, payable semi-annually. NOTE: Interest per 6-month period is 7% of Face Value (i.e. $10,000x0.07 = $700 per 6-month period). (i) I ...
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Your environmental science professor designs an experiment to see whether students in her class care about recycling. She places a recycling bin and a trash bin at the front of the class and then hands out a piece of pap ...
In a specific sample size of 100, what is the range within the groups average iron level would be considered ususal? Using the Central Limit Theorem and the Empirical Rule.
Suppose a researcher is interested in knowing the statistics skills of first-year graduate students 2016 as compared to the skills for those in 2015. It is known that on a statistics test for the first-year grad students ...
What are the characteristics of perfect competition, and does is exist in the real world?
A random sample of 90 textbooks has a mean price of $100 and a standard deviation of $1450. Find a 92% confidence interval for the mean price of the textbooks. Then find a 99% confidence interval and compare your results ...
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
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