Statutes enacted by legislatures, whether the Congress of the United States or at a state level, often are vague. Hence, the policy mandates given to public administrators via the legislation are vague. This also shifts much of the policy making to public administrators. Explain the advantages to the public of the public administrators, rather than the elected representatives, making policy via rules and regulations.

Statutes enacted by legislatures, whether the Congress of the United States or at a state level, often are vague. Hence, the policy mandates given to public administrators via the legislation are vague. This also shifts much of the policy making to public administrators. Explain the advantages to the public of the public administrators, rather than the elected representatives, making policy via rules and regulations.

In the United​ States, employee benefits in the form of health insurance are not taxed. How does this affect the price of health insurance compared to goods that are purchased after income is​ taxed? How does the amount of health insurance consumed compare to the amount that would be consumed if the benefit was​ taxed

An increase in the number of people in the United States with health insurance would likely cause: A. the cost of health care services to increase as the incentive for health care providers to minimize costs becomes less important. B. the cost of health care services to decrease as the incentive for health care providers to minimize costs becomes less important. C. the cost of health care services to decrease as the incentive for health care providers to minimize costs becomes more important. D. the cost of health care services to increase as the incentive for health care providers to minimize costs becomes more important.

the United States has entered into which of the following for the purpose of avoiding double taxation of income wuth respect to social security taxes. a. totalizatiom agreements b. social security agreements c. international agreements, d. double taxation avoidance agreements

The highest and lowest birth rates in the United States in 2010 were in Utah and Maine, respectively. Utah reported 52,258 births with a population of about 2.8 million people. Maine reported 12,970 births with a population of about 1.3 million people. Use this data to answer the following questions.

a) On average, how many people were born each day of the year in Utah?

b) On average, how many people were born each day of the year in Maine?

c) What was the birth rate in Utah in births per 100,000 residents?

d) What was the birth rate in Maine in births per 100,000 residents?

The distribution of weights of United States pennies is approximately normal with a mean of 2.5 grams and a standard deviation of 0.03 grams.

(a) What is the probability that a randomly chosen penny weighs less than 2.4 grams?

(b) Describe the sampling distribution of the mean weight of 10 randomly chosen pennies.

(c) What is the probability that the mean weight of 10 pennies is less than 2.4 grams?

(d) Could you estimate the probabilities from (a) and (c) if the weights of pennies had a skewed distribution?

The Department of Justice (DOJ) is charged with overseeing mergers in the United States to determine if they are in the public interest. A merger is considered in the public interest if consumers’ surplus does not fall as a result of the merger. The DOJ is currently deciding whether to allow the pending merger between AT&T and Sprint to proceed. The market demand for long-distance telephone service is given by Q = 28 – 2P + s, where Q is quantity demanded, P is price, and s is an index of service quality. The market served by these two long-distance carriers is currently competitive. In addition, both long distance carriers currently use the same technology for producing long-distance telephone service which is given by Q = K + 1/2L. AT&T CEO, Michael Armstrong, has told Wall Street analysts that the merger will result in efficiency gains. This implies that the production function for long-distance telephone service post-merger will be given by Q = x [K + 1/2L], where x > 1 is the productivity factor. Suppose that r = 10 and w = 5, and the pre-merger service quality index is s = 12.

1. Suppose that the long-distance market is a monopoly following the merger between AT&T and Sprint and that x = 5/4. Assume that s remains constant at 12. Should the DOJ allow this merger to proceed? Provide a careful economic analysis in support of your recommendation. (20)
2. Continue to assume that x = 5/4, but the market for long-distance telephone service remains perfectly competitive following the merger. For what values of s will the DOJ approve this merger? (15)

3. Derive the cost function for AT&T/Sprint post-merger for any value of x. Suppose that service quality declines by one-third to s = 8 following the merger. In addition, assume that the market for long-distance telephone service remains perfectly competitive following the merger. Determine the values of x for which the DOJ will approve this merger. (20)

In at least a 250 word posting, respond to the following question. Is the United States getting its money's worth in terms of health outcomes for the money spent on health care? After reading the postings of other students select the one that you found most interesting to respond to. Your response should be at least 75 words and include why you found this posting interesting.

The income of males in each state of the United States, including the District of Columbia and Puerto Rico, are given in Table 1, and the income of females is given in Table 2 ("Median income of," 2013):

Table 1: Data of Income for Males

Table 2: Data of Income for Females

Is there enough evidence to show that the mean income of males is more than of females? Test at the 1% level.

(i) Let ?₁= mean income of a male in 2013. Let ?₂ = mean income of a female in 2013. Which of the following statements correctly defines the null hypothesis H_O?

A.  ?₁ ? ?₂ = 0 (?₁ = ?₂)

B.  ?₁ – ?₂< 0 (?₁ < ?₂)

C.  ?₁ ? ?₂ > 0 (?₁ > ?₂)

D.  ?₁ + ?₂= 0

Enter letter corresponding to correct answer

Answer ____________

(ii)   Let ?₁= mean income of a male in 2013. Let ?₂ = mean income of a female in 2013. Which of the following statements correctly defines the alternate hypothesis H_A?

A.  ?₁ ? ?₂ = 0 (?₁ = ?₂)

B.  ?₁ – ?₂< 0 (?₁ < ?₂)

C.  ?₁ ? ?₂ > 0 (?₁ > ?₂)

D.  ?₁ + ?₂= 0

Answer ____________

Enter letter corresponding to correct answer

Answer ____________

(iii) Enter the level of significance ? used for this test:

Enter in decimal form.  

Answer ____________

(iv)  For sample from population with mean = ?1 :          Determine sample mean x¯1 and sample standard deviation s1

Enter sample mean in decimal form to nearest hundredth, then comma, then sample standard deviation in decimal form to nearest hundredth.  

Answer ____________

(v)  For sample from population with mean = ?2 :       Determine sample mean x¯2 and sample standard deviation s2

Enter sample mean in decimal form to nearest hundredth, then comma, then sample standard deviation in decimal form to nearest hundredth.  

Answer ____________

(vi) Determine degrees of freedom df :

Enter value in decimal form rounded down to nearest whole number.  

Answer ____________

(vii) Determine test statistic:

Enter value in decimal form rounded to nearest thousandth.

Answer ____________

(viii) Using tables, calculator, or spreadsheet: Determine and enter p-value corresponding to test statistic.

Enter value in decimal form rounded to nearest ten-thousandth.  

Answer ____________

(ix) Comparing p-value and ? value, which is the correct decision to make for this hypothesis test?

A. Reject H_o

B. Fail to reject H_o

C. Accept H_o

D. Accept H_A

Enter letter corresponding to correct answer.

Answer ____________

  (x) Select the statement that most correctly interprets the result of this test:

A. The result is not statistically significant at .01 level of significance. Sufficient evidence exists to support the claim that the mean income of males is more than of females. .

B. The result is not statistically significant at .01 level of significance. There is not enough evidence to support the claim that the mean income of males is more than of females.

C. The result is statistically significant at .01 level of significance. Sufficient evidence exists to support the claim that the mean income of males is more than of females.

D. The result is statistically significant at .01 level of significance. There is not enough evidence to support the claim that the mean income of males is more than of females.

Enter letter corresponding to most correct answer

Answer ____________