: Concerning the sampling distribution of the sample mean: • Generate a population consisting of 6 observations representing students’ scores in a certain course. Select a sample of 2 observations. 1. Prove that the mean of the sample mean equals the population mean. 2. Prove that the variance of the sample mean equals the population variance divided by n. 3. Construct a 95% confidence interval for the population mean.
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Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.
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Most economists report the elasticity of demand asa. the absolute value of the actual number.b. a negative number, since price and quantity demanded move in opposite directions.c. a percentage, since both the numerator and denominator are percentages.d. a dollar amount, since we are measuring the change in price.
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What happens when the government finances a job creation project through taxes and borrowing?
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In the market for lock washers, a perfectly competitive market, the current equilibrium price is $5 per box. washer king, one of the many producers of washers, has a daily short-run total cost given by tc = 190 + 0.20q + 0.0025q2, where q measures boxes of washers. washer king's corresponding marginal cost is mc = 0.20 + 0.005q. how many boxes of washers should washer king produce per day to maximize profit?
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: Concerning the sampling distribution of the sample mean: • Generate a population consisting of 6 o...
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