State whether the following statement is True, False, or Uncertain. Be sure to explain your answer.
The marginal propensity to consume from a permanent parallel upward shift in the production function is smaller than the marginal propensity to consume from a temporary parallel upward shift in the production function.
In: Economics
Explain how interest groups operate in the US and state your opinion whether they complement or hinder the majority rule principle
In: Economics
Do you vote? Explain your reasons for participating (or not) in local, state and federal elections.
In: Psychology
Discuss in detail about the emergency actions to be taken in case of a fire in a hospital.
In: Nursing
A research center is interested in investigating about the height and age of children who are between 5 to 9 years old. In order to do this, a sample of 15 children is selected and the data is given below.
| Age (in years) | Height (inches) |
| 7 | 47.3 |
| 8 | 48.8 |
| 5 | 41.3 |
| 8 | 50.4 |
| 8 | 51 |
| 7 | 47.1 |
| 7 | 46.9 |
| 7 | 48 |
| 9 | 51.2 |
| 8 | 51.2 |
| 5 | 40.3 |
| 8 | 48.9 |
| 6 | 45.2 |
| 5 | 41.9 |
| 8 | 49.6 |
a.. Develop a scatter chart with age as the independent variable. What does the scatter chart indicate about the relationship between the height and age of children?
b. Use the data to develop an estimated regression equation that could be used to estimate the height based on the age. What is the estimated regression model? Round the results to 3 decimal places.
c. How much of the variation in the sample values of height does the model estimated in part (c)? Explain.
d. What is the predicted value of Y (height in inches) for a 6-year old? Develop a 95% confidence interval for the predicted value.
e. Interpret the standard error for this problem
f. State the hypothesis for the significance F and test the hypothesis.
g. State the hypothesis for the significance of the independent variable and test the hypothesis.
In: Statistics and Probability
Considering what you have learned about the effects of drugs (legal or not) on the brain, have you changed your ideas about drug use? What is your current attitude about the use of drugs? If you were to tell your younger brother, sister, cousin, neighbor or anyone else about whom you care about using drugs, what would you say? Do you think that explaining any potentially negative effects of drug usage to someone else would change your own behavior?
In: Psychology
A bag of 29 tulip bulbs contains 11 red tulip bulbs, 12 yellow tulip bulbs, and 6 purple tulip bulbs.
(a) What is the probability that two randomly selected tulip bulbs are both red?
(b) What is the probability that the first bulb selected is red and the second yellow?
(c) What is the probability that the first bulb selected is yellow and the second red?
(d) What is the probability that one bulb is red and the other yellow?
In: Statistics and Probability
A bag of 34 tulip bulbs contains 13 red tulip bulbs, 11 yellow tulip bulbs, and 10 purple tulip bulbs. (a) What is the probability that two randomly selected tulip bulbs are both red? (b) What is the probability that the first bulb selected is red and the second yellow? (c) What is the probability that the first bulb selected is yellow and the second red? (d) What is the probability that one bulb is red and the other yellow?
In: Statistics and Probability
a. Compare and contrast the assumptions of the Malthus and Solow models of growth and their conclusions about the determinants of growth. How do the models’ predictions relate to the empirical evidence on growth?
b. Consider the Solow model. Consider an economy with capital per worker below the steady state level. Show in a graph and explain in words what will happen to the economy over time.
In: Economics
Five fundamental principles are stated in the Code of Ethics. In your own words, briefly explain what each means and state why it is important.
In: Accounting