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If we assume interest rates of 5%, 10%, and 15%, how long would it take to obtain the amount of money that is two times, three times, four times, and five times higher than the investment we made?
Business Economics, Economics
Consider the following estimated regression model relating annual salary to years of education and work experience. Estimated Salary=11,756.80+2723.3(Education)+1092.64(Experience) Suppose an employee with 11 years of ed ...
What is the usefulness of the total revenue test for price elasticity of demand? What are the factors that affect price elasticity of demand and price elasticity of supply? What are some applications of each?
Suppose Oregon proposes indexing the minimum wage to inflation. Describe the substitution and scale effects you anticipate with this policy? (In your response, assume that the minimum wage is an effective price floor and ...
22 subjects are randomly injected with different dosages of insulin (X) and reduction rate in their blood-sugar levels (Y) are recorded. The results are summarized as: ΣX = 132; ΣX 2 = 917; ΣY = 44; ΣY 2 = 348; ΣXY = 4 ...
The demand for salt is relatively price inelastic, while the demand for pretzels is relatively price elastic. How can you best explain why and elaborate your answer.
Many manufacturing problems involve the accurate matching of machine parts, such as shafts, that fit into a valve hole. A particular design requires a shaft with a diameter of 22.000 mm, but shafts with diameters betwe ...
Magenta corporation wants to raise 50.8 million in a seasoned equity offering, net of all fees. Magenta stock currently sells for $14 per share. The underwriters will require a spread of $.50 per share, and indicate that ...
Chebyshev's theorem is used to approximate the proportion of observations for any data set, regardless of the shape of the distribution. Assume that a distribution has a mean of 255 and standard deviation of 20. Approxim ...
Doctor wants the estimate the HDL cholesterol of all 20 to 29 year old females. How many subjects are needed to estimate the HDL cholesterol within 3 points with 99% confidence assuming o=18.2? Suppose the doctor would b ...
suppose the lifetime of a particular appliance follows an exponential distribution with a mean of 10 years. what is the probability that the appliance will fail in more than 5 years?
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