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What is the expressive theory of voting and what are it's implications for democracy?
Business Economics, Economics
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A quality controller selects 8 items at a predefined interval and found that 75% of the time the item was non-defective. Let "S" represent the occurence of a non defective item. Assuming that this experiment is Binomial: ...
Consider a market in which the government imposes a price ceiling. Assume that neither supply nor demand is perfectly elastic nor perfectly inelastic. Which of the following groups will always gain from a price ceiling? ...
Suppose that the interest rate of government bonds in the Euro Area at 1 year maturity is 10%, or i € =0.10 At the same time , the interest rate of government bonds in the USA at 1 year maturity is 5%, or i $ =0.05 Sup ...
Suppose we can only sample from Uniform distribution (0,1) with k=3. Design an algorithm to simulate chi-square distribution with 2k freedom via general transformation method.
A study sample was done regarding the association between family history and the risk of developing AD. Exposure were family history of AD and no family history of AD. Outcomes were development of AD or no development of ...
Greg's Hardware has determined the following demand and supply equations for nails QD = 10,000-25P QS = -5,000 + 50P a. How many nails would be sold for $100? b. At what price would nail sales be zero? c. When P = $200, ...
A brewery pulls 905 bottles of beer to sample them for quality control. In the past there has been a 0.12 probability that a bottle of beer is defective. Assuming this trend continues, what is the probability that fewer ...
Julian is in pain! He needs to purchase Advil to feel better. Julian has $12 to spend on medication. Suppose that he can buy Advil in two dosages: 200mg and 400mg. Julian only cares about getting better and not about the ...
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 ...
A recent survey of post-secondary education students revealed that 70% own an iPhone. Suppose a random sample of 240 post-secondary students is taken. What is the probability that less than 162 students in the sample own ...
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