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How large a number makes a normal distribution? Can a ledge number make a normal distribution?
Business Economics, Economics
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The below figure represents the potential outcomes of your first salary negotiation after graduation. Assuming this is a sequential-move game with the employer moving first, indicate the most likely outcome. Does the abi ...
In what kind of economy is a central planning board or commission typically used to answer the basic economic questions?
Do you think that the taxicab industry in large cities would be subject to significant economies of scale? Why or why not?
Pure gasoline has an energy density of 115,600 BTU per gallon, while ethanol has an energy density of 75,670 BTU per gallon. Gasoline cost $3.70 per gallon. What would the price of E85 (85% ethanol, 15% gasoline) have to ...
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There are three Grade 1 classes in a small community. Mr. Smithers' class has 12 students in it, Ms. Ruffle's class has 16 students, and Ms. Peter's class has 10 students. Suppose 2 students are selected at random from t ...
A cartel is branch of an oligopoly. There are still a handful of large firms and many smaller firms. For instance, the diamond industry and the petroleum industries are examples are oligopolies. However, the main differe ...
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.
It has been a bad day for the stock market and you have heard that only 30% of all stocks gained value. Suppose you have a portfolio of 10 securities and assume a binomial distribution for the number of your stocks that ...
Among 350 randomly selected drivers in the 16-18 age? bracket, 275 were in a car crash in the last year. If a driver in that age bracket is randomly? selected, what is the approximate probability that he or she will be i ...
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