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 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 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
In: Statistics and Probability
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 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.
| 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 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 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
In: Finance
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