Econ Answers Chapter 3 The price of train travel increases by 10% and the demand for train travel falls by 12.5%. The price elasticity of demand for train travel is – -1.25 The short run (retail) supply of freshly cut flowers is much less elastic than that of pot plants because: -florists cannot keep freshly cut flowers as long as pot plants If demand drops to zero at the slightest increase in price‚ demand is: - Perfectly elastic Price elasticity of supply will be greater when: - firms hold large
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(Points: 5.0) Find the margin of error for the 95% confidence interval used to estimate the population proportion. In a survey of 7100 T.V. viewers‚ 40% said they watch network news programs. a. 0.0131 b. 0.0150 c. 0.0114 d. 0.00855 4. STAT10T 7.2.5-1 (Points: 5.0) Use the given degree of confidence and sample data to construct a confidence interval for the population proportion p. n = 61‚ x = 19; 95 percent a. 0.194 < p < 0.428 b. 0.195 < p < 0.427 c
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STAT 600 Statistics and Quantitative Analysis PROJECT: Stock return estimation The project must be done by 6-15 a.m. October‚ 16th. You should submit your projects before the class begins. This is a group project. Read the course outline for general guidelines. Good luck! The project is closely related to Lectures 1-5 of the class. Today is September 15‚ 2013 and you have just started your new job with a financial planning firm. In addition to studying for all your license exams‚ you have
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Question 33. The National Collegiate Athletic Association (NCAA) reported that the mean number of hours spent per week on coaching and recruiting by college football assistant coaches during the season was 70. A random sample of 50 assistant coaches showed the sample mean to be 68.6 hours‚ with a standard deviation of 8.2 hours. a. Using the sample data‚ construct a 99% confidence interval for the population mean. z = +/- 2.68 68.6 – 2.68 * 8.2 / √50 = 65.49 68.6 + 2.68 * 8.2
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_____ decision makers are proactive in finding a problem and reasoning a solution. Rational In the goal model of STAMPS‚ which of the following is associated with being self-chosen? Creating goals that are your own _____ motivation is fine for short-term goals. Extrinsic In the goal model of STAMPS‚ which of the following is associated with being positive? Stating what you plan to do rather than what you will not do A(n) _____ is a code used to help you remember information. Mnemonic
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impact of an increase in the money supply? Answer Selected Answer: It leads to increased price level‚ but there is no change in real GDP. Correct Answer: It leads to increased price level‚ but there is no change in real GDP. Question 2 1 out of 1 points Which of the following would make the price level decrease and real GDP increase? Answer Selected Answer: Long-run aggregate supply shifts right. Correct Answer: Long-run aggregate supply shifts
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P1-2010-2011-Spring Bus531 Standard Normaal Probability Problems 1- A university reported admission statistics for 3339 students who were admitted for freshmen for the fall semester of 1998. Of these students‚ 1590 had taken the Scholastic Aptitude Test (SAT). Assume the SAT verbal scores were normally distributed with a mean of 530 and a standard deviation of 70. a – What percentage of students were admitted with SAT verbal scores between 500 and 600? b - What percentage of students were
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1.) Why were most Americans content with their role within the British Empire in the 1750s? What evidence of discontent did exist? Most Americans were content with their role in the British Empire because Britain had provided them opportunities for trade and commerce‚ military protection‚ and political stability. Because of neglect by the British the trade restrictions decreased. In the colonies‚ people were allowed to trade unlimitedly with little tax to whomever they chose. Military protection
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Chapter 2 Telecommunications Technology Fundamentals 2.0 Objectives Upon completing this chapter‚ you should be able to: • Define the following terms; transmission lines‚ circuits‚ trunks‚ virtucal circuits‚ bandwidth‚ analog transmission‚ digital transmission‚ internet governance. • Differentiate between; line and trunks‚ PVC and SVC‚ Narrowband‚ wideband and broadband‚ analog and digital transmission‚ codecs and modems and various standards organization bodies. Describe the various circuit types
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she is curious about how it would look in all uppercase letters for emphasis.Which of the following commands enables you to convert the text and save the result to the file‚ promotion_uppercase? d. dd if=promotion of=promotion_uppercase conv=ucase 4. Which of the following can you restore from a backup tape made via the dump command? (Choose all that apply.) a. a file b. a partition of directories and files c. a directory d. a subdirectory 5. Your network has a combination of Linux and MicrosoftWindows
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