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Prepare a composite (weighted) index for housing construction costs in 2008 with the following data:
Type Percent Ref Year 2008, $/ft^2
(l = 100)
Single 65 42 59
Duplex 8 35 55
Multi 27 32 52
Business Economics, Economics
The usable lifetime of a particular electronic component is known to follow an exponential distribution with a mean of 6.2 years. Let X = the usable lifetime of a randomly selected component. (a) The proportion of these ...
The tobacco industry is a prime example to consider when talking about price elasticity of demand. While nicotine use can be addictive for many users, it is not addictive for the so-called "social smokers". What can we s ...
What's your answer about the equilibrium change from an event which decreases both demand and supply? You don't need to provide graph here. Just describe the curve shifts and how the equilibrium price and equilibrium qua ...
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 ...
Matt sells watermelons on the side of the road. The weight of a watermelon has a normal distribution with mean = 9.5 lbs and the standard deviation = 4 lbs. If he loads 100 watermelons on to his truck, what is the probab ...
Is the company's personality-"harvesting" method ethical? Why, or why not? Should people who attempt to answer the questionnaire be advised, ahead of time, that the data collected from those questionnaires will be used t ...
What effect does the teacher have on creating a learning environment with little to no behavior problems?
Doctoral assistant ships of Ph.D students 50% have paid assistant ships. a random sample of n=200 students is chosen.. based on this sample and using the properties of the binomial distribution, what is the approximate s ...
The United States appears at times to have a totally schizophrenic attitude toward protectionism. The United States was the country that proposed the establishment of the World Trade Organization as early as the late 194 ...
In a certain? state, pickup trucks account for 21?% of the? state's registered vehicles. If 100 registered vehicles are selected at? random, what is the expected number of pickup? trucks?
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