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Explain why there is no excess burden for a lump-sum tax. Why is the payroll tax not a lump-sum tax? Describe how a payroll tax affects wages and labor supply.
Statistics and Probability, Statistics
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The mean height of women in a country? (ages 20-?29) is 63.5 inches. A random sample of 65 women in this age group is selected. What is the probability that the mean height for the sample is greater than 64 ?inches? Assu ...
There is an 8%, 2-year bond, which we buy now at which point the required rates are 6%. If we intend to sell it in 2 years, when the market rates of interest are 2%, what is the market price of the bond then and now? A 1 ...
The average price of a television on a certain Web site is ?$760. Assume the price of these televisions follows the normal distribution with a standard deviation of ?$190. Complete parts a through d below. What is the pr ...
Bond A is a 1-year zero-coupon bond. Bond B is a 2-year zero-coupon bond. Bond C is a 2-year 10% coupon bond that pays annually. The yield to maturity (annually compounded) on bond A is 10%, and the price of bond B is $8 ...
Describe in detail each of four risk factors of holding a domestic bond. Your summary should convince the reader that you fully understand each risk factor.
The risk rate of return is currently 0.05, whereas the market risk premium is 0.05. if the beta of RKP, inc ,stock is 1.9 , then what is the expected return on RKP?
Heights of women follow a normal distribution with mean μ=63.6 inches and standard deviation of σ=2.5 inches. Suppose random samples of 10 women are chosen and their mean height calculated. Please calculate the mean and ...
The probability of a potential employee passing a training course is 86%. If you selected 15 potential employees and gave them the training course, what is the probability that more than 12 will pass the test?
Question: A random variable X is known to be distributed either N(1,3) or N(2,3). The mill hypothesis is that the mean is equal to 1. The alternative hypothesis is that the mean is 2. a. With a sample of 10 draws from th ...
How do you find the minimum sample size when population standard deviation is anywhere between 14 to 24, and the half-width B desired could be anywhere between 2 to 7?
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