Evaluate GDP as a measure of quality of life.
Explain in detail and offer alternative measures
In: Economics
In: Economics
How would a competitive, irreversible inhibitor affect an enzyme? Please explain in detail.
In: Biology
Explain in detail, the procedure to identify the anode and cathode of an unmarked diode using an ohmmeter.
In: Electrical Engineering
Explain exactly "how" the critique of reason justifies the modern shift (in detail please)?
In: Psychology
Describe the components of the ROAMEF framework.
Select one component to explain in more detail.
In: Psychology
List the proteins that make the thin and thick filament and their function. Please explain in detail.
In: Anatomy and Physiology
How to calibrate non-contact CMM(Coordinate Measuring Machine)? Explain in detail.
In: Mechanical Engineering
4- After you graduate from university, you find a job in a company that produces good X. You are working in a competitive market. Your boss asks you to compute the price elasticity of demand, income elasticity of demand, cross-price elasticity of demand, and the price elasticity of supply. The question is: how your boss will benefit from computing each of these elasticities. Explain in detail with an example for each case.
In: Economics
Many fast-food restaurants use automatic soft-drink dispensing machines that fill cups once an order is placed at a drive-through window. A regional manager for a fast-food chain wants to determine if the machines in her region are dispensing the same amount of product. She samples four different machines and measures a random sample of 16-ounce drinks from each machine. Here is the data she collects (in ounces):
|
Machine 1 |
Machine 2 |
Machine 3 |
Machine 4 |
|
16.5 |
15.0 |
16.0 |
16.6 |
|
16.6 |
15.4 |
16.3 |
15.9 |
|
16.5 |
15.3 |
16.5 |
15.5 |
|
15.8 |
15.7 |
16.4 |
16.2 |
|
15.6 |
15.2 |
17.3 |
17.0 |
|
16.4 |
16.0 |
16.7 |
15.5 |
|
16.1 |
15.6 |
15.7 |
16.3 |
a) “Number of ounces” is a quantitative variable. Is it discrete or continuous?
b) “Number of ounces” is what level of measurement?
c) Is this a designed experiment or an observational study? Briefly explain.
d) At the 5% Level of Significance, determine whether or not the data indicate that the mean amount dispensed from the machines is not the same, by doing each of the following:
1) Write the Hypotheses.
2) Use your calculator to do a one-way ANOVA test. Explain in some detail how the results of the test lead you to reject or not reject the null hypothesis.
3) Write a formal conclusion.
e) Using the language of our textbook on bias, name at least one type of bias that might be present in this research. Briefly explain.
In: Statistics and Probability