Test Version A SEMESTER I EXAMINATIONS Mid-Term Assessment ECON 30110 Microeconomics II Time Allowed: 50 minutes Instructions for Candidates This exam counts for 30% of the Module Grade. All questions carry equal marks. Note there is NO negative marking Correct answer is worth 1 mark. No answer or more than one answer‚ will both receive a 0 mark. Incorrect answer will receive a 0 mark. Attempt all 20 questions. Shade in the box in the appropriate space with
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listed above comprise a valid probability distribution? Explain. The individual probabilities are all between 0 & 1 and the sum = 100% b. What is the probability that a randomly selected request is for one of the three B’s? P(one of the B’s) = P(Bach) + P(Beethoven) + P(Brahms) = 5 + 26 + 9 = 40% c. What is the probability that a randomly selected request is for a Mozart piece? P(Mozart) = 21% d. What is the probability that a randomly selected request
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1. Introduction This report is about the case study of PAR‚ INC. From the following book: Statistics for Business an Economics‚ 8th edition by D.R. Anderson‚ D.J. Sweeney and Th.A. Williams‚ publisher: Dave Shaut. The case is described at page 416‚ chapter 10. 2. Problem statement Par‚ Inc. has produced a new type of golf ball. The company wants to know if this new type of golf ball is comparable to the old ones. Therefore they did a test‚ which consists out of 40 trials with the current
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Concept and basics of probability sampling methods One of the most important issues in researches is selecting an appropriate sample. Among sampling methods‚ probability sample are of much importance since most statistical tests fit on to this type of sampling method. Representativeness and generalize-ability will be achieved well with probable samples from a population‚ although the matter of low feasibility of a probable sampling method or high cost‚ don’t allow us to use it and shift us to the
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available in the market easily. | | Question 2: Though normal distribution model is not an absolutely apt for the data set of prices‚ the data can still be analyzed by assuming normality owing to the fact that data points hover around the diagonal line of normal Quantile plot. Some data points also cross the permissible range‚ but the density of data (high in the middle‚ and low at the ends ) allows for the usage of normal distribution model.The same can be verified from the measure of Kurtosis (0
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summaries: sleep “mening over prijs’ in variable; ok gemakkelijk om betekenis van variabele te gaan weergeven Crtl A : alles toevoegen. * Frequentietabel maken: analyze; descriptive statistics; frequencies * Median berekenen van mening over prijs: terug naar frequencies en display uitschakelen; statistics klikken en median aanklikken * Met tabel: charts aanklikken… * Beoordelingscijfer: er zit een fout in‚ nul = geen mening tonen aan SPSS dat dit een ontbrekende waarde
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Chapter 1 The Probability in Everyday Life In This Chapter Recognizing the prevalence and impact of probability in your everyday life Taking different approaches to finding probabilities Steering clear of common probability misconceptions You’ve heard it‚ thought it‚ and said it before: “What are the odds of that happening?” Someone wins the lottery not once‚ but twice. You accidentally run into a friend you haven’t seen since high school during a vacation in Florida. A cop pulls you over the
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EXERCISE 14 PROBLEMS—PART I 1. Calculate the temperature of the parcel at the following elevations as it rises up the wind-ward side of the mountain: (a) 1000m 20 °C (b) 2000m 10 °C (c) 4000m -2 °C 2. (a) After the parcel of air has descended down the lee side of the mountain to sea level‚ what is the temperature of the parcel? 38 °C (b) Why is the parcel now warmer than it was at sea level on the windward side (what is the source of the heat energy)
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UNIT 80: SUPPORT INDIVIDUAL AT THE END OF LIFE *1008-50113069-gen.HSC3048.1 – Outcome 1 Understand the requirements of legislation and agreed ways to protect the rights of individuals 1. Outline legal requirements and agreed ways of working designed to protect the rights of individuals in end of life care The Department of Health’s 2008 End of Life Care Strategy‚ provides a comprehensive framework aimed at promoting high quality care for all adults approaching the end of life in all care
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Distribution decisions Lesson 3 Objectives • Explain why companies use marketing channels and discuss the functions these channels perform. • Discuss how channel members interact and how they organize to perform the work of the channel. • • Identify the major channel alternatives open to a company. • Discuss the nature and importance of marketing logistics and integrated supply chain management. • Discuss the future of retailing Explain how companies select‚ motivate‚ and evaluate channel
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