Questions
Country A has 100 machines (physical capital) and a population of 100 (out which 80 are...

Country A has 100 machines (physical capital) and a population of 100 (out which 80 are in the labour force). Discuss the effect on real GDP per capita if a. Population doubles (keeping machines constant at 100) b. Machines double (keeping the population constant at 100) (300-400 words)

In: Economics

Country A has 100 machines (physical capital) and a population of 100 (out which 80 are...

Country A has 100 machines (physical capital) and a population of 100 (out which 80 are in the labour force). Discuss the effect on real GDP per capita if a. Population doubles (keeping machines constant at 100) b. Machines double (keeping the population constant at 100)

In: Economics

Country A has 100 machines (physical capital) and a population of 100 (out which 80 are...

Country A has 100 machines (physical capital) and a population of 100 (out which 80 are in the labour force). Discuss the effect on real GDP per capita if a. Population doubles (keeping machines constant at 100) b. Machines double (keeping the population constant at 100)

In: Economics

Use Excel to generate 100 N (10,5) distributed random values (that is 100 values of a...

  1. Use Excel to generate 100 N (10,5) distributed random values (that is 100 values of a Normally distributed random variable with mean 10 and standard deviation 5). Plot histogram for your data. See Appendix on how to generate these values.

In: Statistics and Probability

Given the following hypothesis: H0: μ = 100 H1: μ ≠ 100 A random sample of...

Given the following hypothesis:

H0: μ = 100

H1: μ ≠ 100

A random sample of six resulted in the following values:

114 120 119 108 113 108

Using the 0.01 significance level, can we conclude that the mean is different from 100?

a. What is the decision rule? (Negative answer should be indicated by a minus sign. Round the final answers to 3 decimal places.)

Reject H0: μ = 100 and accept H1: μ ≠ 100 when the test statistic is  (Click to select)  inside the interval  outside the interval  (  ,  ).

b. Compute the value of the test statistic. (Round the final answer to 2 decimal places.)

Value of the test statistic            

c. What is your decision regarding H0?

(Click to select)  Reject  Do not reject  H0 .

d. Estimate the p-value.

(Click to select)  Zero  Close to zero  One

e-1. Construct a 99% confidence interval.

Confidence interval is from             to  .

e-2. Use the results of the confidence interval to support your decision in part (c).

(Click to select)  Reject  Do not Reject  H0 .

In: Statistics and Probability

A study randomly selected 100 samples, each of which consisted of 100 people, and recorded the...

A study randomly selected 100 samples, each of which consisted of 100 people, and recorded the number of left-handed people, X. The table below shows the probability distribution of the data. Find the mean and the standard deviation of the probability distribution using Excel.

  • Round the mean and standard deviation to two decimal places.
x P(x)
1 0.01
2 0.01
3 0.04
4 0.02
5 0.02
6 0.09
7 0.08
8 0.04
9 0.07
10 0.02
11 0.04
12 0.04
13 0.16
14 0.08
15 0.08
16 0.02
17 0.02
18 0.08
19 0.04
20 0.04

In: Statistics and Probability

An urn contains 100 balls that have the numbers 1 to 100 painted on them (every...

An urn contains 100 balls that have the numbers 1 to 100 painted on them (every ball has a distinct number). You keep sampling balls uniformly at random (i.e., every ball is equally likely to be picked), one at a time, and without replacement. For 1 ≤ i < j ≤ 100, let Ei,j denote the event that the ball with number j was picked after the ball with number i got picked. Identify which of the following sets of events are independent and which are not :

(a) E7,13 and E41,79

(b) E7,13 and E13,8

(c) (E7,13 ∩ E13,8) and E8,7

Please show work

In: Math

Water flowing at a rate of 100 Kg/min at 100 oC and 20 bars is heated...

Water flowing at a rate of 100 Kg/min at 100 oC and 20 bars is heated at constant pressure to 400 oC. What are the initial and final phases of the water (subcooled liquid, saturated liquid, saturated steam, or superheated steam)? (saturation temperature of water at 20 bars is 212.4 oC).

In: Other

Explain why $100 received today is not the same as $100 received next year. What is...

  • Explain why $100 received today is not the same as $100 received next year. What is the meaning of the time value of money.
  • What is the purpose of learning the mathematics behind the time value of money?
  • What are the factors that affect the overall level of interest rates?

In: Finance

Calculate the pH change when a) 100 mL of 0.0500M NaOH and b) 100 mL of...

Calculate the pH change when a) 100 mL of 0.0500M NaOH and b) 100 mL of 0.0500 M HCL are added to a 400.0 mL of a solution that contains .300 M ammonium chloride and .300 M ammonia (Kb,= 1.76 x 10^-5) Show work to get a good rating please

In: Chemistry