The Central Limit Theorem: Homework is part of the collection col10555 written by Barbara Illowsky and Susan Dean.
~
. Suppose that you form random samples of 25 from this distribution. Let
be the random variable of averages. Let
be the random variable of sums. For
c - f , sketch the graph, shade the region, label and scale the horizontal axis for
, and find the probability.
Sketch the distributions of
and
on the same graph.
~
Find the 30th percentile for the mean.
~
Find the minimum value for the upper quartile for the sum.
The percent of fat calories that a person in America consumes each day is normally distributed with a mean of about 36 and a standard deviation of about 10. Suppose that 16 individuals are randomly chosen.
Let
average percent of fat calories.
______ ( ______ , ______ )
For the group of 16, find the probability that the average percent of fat calories consumed is more than 5. Graph the situation and shade in the area to be determined.
Find the first quartile for the average percent of fat calories.
Previously, De Anza statistics students estimated that the amount of change daytime statistics students carry is exponentially distributed with a mean of $0.88. Suppose that we randomly pick 25 daytime statistics students.
In words,
In words,
______ ( ______ , ______ )
Find the probability that an individual had between $0.80 and $1.00. Graph the situation and shade in the area to be determined.
Find the probability that the average of the 25 students was between $0.80 and $1.00. Graph the situation and shade in the area to be determined.
Explain the why there is a difference in (e) and (f).
Suppose that the distance of fly balls hit to the outfield (in baseball) is normally distributed with a mean of 250 feet and a standard deviation of 50 feet. We randomly sample 49 fly balls.
If
average distance in feet for 49 fly balls, then
_______ ( _______ , _______ )
What is the probability that the 49 balls traveled an average of less than 240 feet? Sketch the graph. Scale the horizontal axis for
. Shade the region corresponding to the probability. Find the probability.
Find the 80th percentile of the distribution of the average of 49 fly balls.
Suppose that the weight of open boxes of cereal in a home with children is uniformly distributed from 2 to 6 pounds. We randomly survey 64 homes with children.
In words,
In words,
Find the probability that the total weight of open boxes is less than 250 pounds.
Find the 35th percentile for the total weight of open boxes of cereal.
In economics, a perfect market refers to a theoretical construct where all participants have perfect information, goods are homogenous, there are no barriers to entry or exit, and prices are determined solely by supply and demand. It's an idealized model used for analysis,
When MP₁ becomes negative, TP start to decline.
Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 •
Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of lab
Kelo
Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 •
Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of labour (APL) and marginal product of labour (MPL)
Quantity demanded refers to the specific amount of a good or service that consumers are willing and able to purchase at a give price and within a specific time period. Demand, on the other hand, is a broader concept that encompasses the entire relationship between price and quantity demanded
Ezea
ok
Shukri
how do you save a country economic situation when it's falling apart
Economic growth as an increase in the production and consumption of goods and services within an economy.but
Economic development as a broader concept that encompasses not only economic growth but also social & human well being.
Shukri
production function means
Jabir
What do you think is more important to focus on when considering inequality ?
sir...I just want to ask one question... Define the term contract curve? if you are free please help me to find this answer 🙏
Asui
it is a curve that we get after connecting the pareto optimal combinations of two consumers after their mutually beneficial trade offs
Awais
thank you so much 👍 sir
Asui
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities, where neither p
Cornelius
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities,
Cornelius
Suppose a consumer consuming two commodities X and Y has
The following utility function u=X0.4 Y0.6. If the price of the X and Y are 2 and 3 respectively and income Constraint is birr 50.
A,Calculate quantities of x and y which maximize utility.
B,Calculate value of Lagrange multiplier.
C,Calculate quantities of X and Y consumed with a given price.
D,alculate optimum level of output .
the market for lemon has 10 potential consumers, each having an individual demand curve p=101-10Qi, where p is price in dollar's per cup and Qi is the number of cups demanded per week by the i th consumer.Find the market demand curve using algebra. Draw an individual demand curve and the market dema
suppose the production function is given by ( L, K)=L¼K¾.assuming capital is fixed find APL and MPL. consider the following short run production function:Q=6L²-0.4L³ a) find the value of L that maximizes output b)find the value of L that maximizes marginal product