Question
In: Economics
Suppose the Canadian Football League (CFL) drops the requirement of having 21 Canadian players on each...
Suppose the Canadian Football League (CFL) drops the requirement of having 21 Canadian players on each team's roster, what will happen the salaries of Canadian players in the CFL? Stay the same Increase Decrease Uncertain
Solutions
Expert Solution
As the requirement of having 21 Canadian players on each team's roster decreases, the demand for football players will also decrease by the League and only the required number of players will be appointed and this will shift the demand curve leftwards. The leftward shift of the demand curve of players leftward in the player market will reduce wages of the players.
Thus, Decrease in wages.
Rahul Sunny answered 2 years agoRelated Solutions
.According to a recent random sample of 31 Canadian Football League players, the mean age was...
.According to a recent random sample of 31 Canadian Football
League players, the mean age was approximately 27.71 years with a
variance of 2.59. Lonnie Lobowsky of the Yukon Argonauts has an age
with z-score equivalent to 2.21. Determine his age.
A. 31
B. 37
C. 33
D. 35
E. 28
The National Football League (NFL) holds its annual draft of the nation's best college football players...
The National Football League (NFL) holds its annual draft of the
nation's best college football players in April each year. Prior to
the draft, various sporting news services project the players who
will be drafted along with the order in which each will be selected
in what are called mock drafts. Players who are considered to have
superior potential as professional football players are selected
earlier in the draft. Suppose the following table shows projections
by one mock draft service...
The National Football League (NFL) holds its annual draft of the nation's best college football players...
The National Football League (NFL) holds its annual draft of the
nation's best college football players in April each year. Prior to
the draft, various sporting news services project the players who
will be drafted along with the order in which each will be selected
in what are called mock drafts. Players who are considered to have
superior potential as professional football players are selected
earlier in the draft. Suppose the following table shows projections
by one mock draft service...
The National Football League (NFL) holds its annual draft of the nation's best college football players...
The National Football League (NFL) holds its annual draft of the
nation's best college football players in April each year. Prior to
the draft, various sporting news services project the players who
will be drafted along with the order in which each will be selected
in what are called mock drafts. Players who are considered to have
superior potential as professional football players are selected
earlier in the draft. Suppose the following table shows projections
by one mock draft service...
The National Football League (NFL) holds its annual draft of the nation's best college football players...
The National Football League (NFL) holds its annual draft of the
nation's best college football players in April each year. Prior to
the draft, various sporting news services project the players who
will be drafted along with the order in which each will be selected
in what are called mock drafts. Players who are considered to have
superior potential as professional football players are selected
earlier in the draft. Suppose the following table shows projections
by one mock draft service...
The National Football League (NFL) polls fans to develop a rating for each football game. Each...
The National Football League (NFL) polls fans to develop a
rating for each football game. Each game is rated on a scale from 0
(forgettable) to 100 (memorable). The fan ratings for a random
sample of 12 games follow. 57 61 85 73 71 73 20 58 80 79 84 73
a. Develop a point estimate of mean fan rating for the
population of NFL games (to 2 decimals).
b. Develop a point estimate of the standard deviation for the...
The National Football League (NFL) polls fans to develop a rating for each football game. Each...
The National Football League (NFL) polls fans to develop a
rating for each football game. Each game is rated on a scale from 0
(forgettable) to 100 (memorable). The fan ratings for a random
sample of 12 games follow.
57
62
87
73
72
72
20
56
79
78
83
73
b. Develop a point estimate of the standard
deviation for the population of NFL games (to 4 decimals).
STEPS ON STATCRUNCH A sample of 21 professional football players had a mean weight of 259.6...
STEPS ON STATCRUNCH A sample of 21 professional football players
had a mean weight of 259.6 pounds and standard deviation of 12.1
pounds. A sample of 19 professional basketball players had a mean
weight of 205.8 pounds and a standard deviation of 12.9. Find a
99% C. I. for μ1-μ2 and interpret. Round your answer to 2 decimal
places.
confidence interval:
The average age of the players on each of the 30 Major League Baseball teams in...
The average age of the players on each of the 30 Major League
Baseball teams in the 2017 season were as follows:
26.6
27.9
27.9
29.9
29.3
28.1
28.4
28.9
27.7 28.7
30.5
29.8
28.5
27.9
30.9
29.3
28.8
28.6
29.1 31.0
30.7
30.3
29.7
31.0
29.4
29.8
29.4
32.7
34.0 31.8
(a) Construct a stem-and-leaf diagram for these data, by using
the first two digits of each number as the stem and the third digit
as...
Suppose the weights of tight ends in a football league are normally distributed such that σ2=1,369....
Suppose the weights of tight ends in a football league are
normally distributed such that σ2=1,369. A sample of 49 tight ends
was randomly selected, and the weights are given below. Use Excel
to calculate the 95% confidence interval for the mean weight of all
tight ends in this league. Round your answers to two decimal places
and use ascending order.
Weight
300
294
155
270
218
242
150
364
298
167
297
299
221
266
261
301
269
267...
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