Negative radical 6 minus radical 2 all over 4
Answer:
Y
opportunity cost
Step-by-step explanation:
The Production Possibilities Curve, shows the maximum combinations of two goods a theoretical economy can produce with the current state of technology and given the available resources.
Any increase in the production of one commodity must be done at the expense of the other, the opportunity cost of the good increased is the number of unit of the other that we have to give up.
in this question the opportunity cost of producing 10 more unit of good X is the 5 units of good Y that was given up.
Answer:
Yes, they are independent because P(Texas) ≈ 0.45 and P(Texas/brand A) ≈ 0.45.
Step-by-step explanation:
We are given that a taste test asks people from Texas and California which pasta they prefer, brand A or brand B. The table is given in the question.
A person is randomly selected from those tested.
And we have find that are being from Texas and preferring brand A independent events or not.
Firstly, we know that these two events will be independent when;
P(Texas) = P(Texas/brand A)
Now, P(Texas) =
=
≈ 0.45
Also, P(Texas/brand A) =
=
=
≈ 0.45
Therefore, being from Texas and preferring brand A are independent events because P(Texas) ≈ 0.45 and P(Texas/brand A) ≈ 0.45.
Answer:
Step-by-step explanation:
Confidence intervals have been underutilized prior to this time.
The implications of not using confidence intervals include:
- The under-representation or over-representation of research results that amounts from the use of a single figure to represent a statistic.
- In Market Research analysis, neglecting the use of confidence intervals will increase the risk of your portfolio.
Implications/Importance of using confidence intervals include:
- Calculation of confidence interval gives additional information about the likely values of the statistic you are estimating.
- In the presentation and comprehension of results, confidence intervals give more accuracy from the data or metrics captured.
- Given a sample mean, confidence intervals show the likely range of values of the population mean.
She would have sold 45 tickets on the first day