Answer:
See below
Explanation:
<u>Check One-Sample T-Interval Conditions</u>
Random Sample? √
Sample Size ≥30? √
Independent? √
Population Standard Deviation Unknown? √
<u>One-Sample T-Interval Information</u>
- Formula -->

- Sample Mean -->

- Critical Value -->
(given
degrees of freedom at a 95% confidence level) - Sample Size -->

- Sample Standard Deviation -->

<u>Problem 1</u>
The critical t-value, as mentioned previously, would be
, making the 95% confidence interval equal to 
This interval suggests that we are 95% confident that the true mean levels of lead in soil are between 381.5819 and 398.9181 parts per million (ppm), which satisfies the EPA's regulated maximum of 400 ppm.
Answer:
COP of heat pump=3.013
COP of cycle=1.124
Explanation
W = Q2 - Q1 ----- equation 1
W = work done
Q2 = final energy
Q1 = initial energy
A) calculate the COP of the heat pump
COP =Q2/W
from equation 1
Q2 = Q1 + W = 15 + 7.45 = 22.45 KW
therefore COP =22.45/7.45 = 3.013
B) COP when cycle is reversed
COP = Q1/W
from equation 1
Q1 + W = Q2 ------ equation 2
Q2 = 15 Btu/s = 15 * 1.055 = 15.825 KW therefore from equation 2
Q1 = 8.375 KW
COP =8.375/7.45 = 1.124
Business cycle and its growth followed by economic contraction the amount of time it takes a business to produce products in the following way.
Explanation:
The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (GDP) and other macroeconomic variables.
A business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time.
Economists note, however, that complete business cycles vary in length. The duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length.
FACTORS THAT SHAPE BUSINESS CYCLES
Volatility of Investment Spending
- Variations in investment spending is one of the important factors in business cycles. Investment spending is considered the most volatile component of the aggregate or total demand (it varies much more from year to year than the largest component of the aggregate demand, the consumption spending), and empirical studies by economists have revealed that the volatility of the investment component is an important factor in explaining business cycles in the United States.
Momentum
Technological Innovations
Variations in Inventories
Fluctuations in Government Spending
Politically Generated Business Cycles
Monetary Policies
Fluctuations in Exports and Imports