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3 years ago

Locate the values of SSE, s2, and s on the printout below.

Business

1 answer:

mylen [45]3 years ago

7 0

Answer:

SSE = 1678.115; s2 = 139.843; s = 11.826

Explanation:

Consider the following formulas:

SSE: This value provides a measure of how well the line of best fit approximates the data set.

S^2: The variance is mathematically defined as the average of the squared differences from the mean

S: is the expectation of the squared deviation of a random variable from its mean.

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There are two people in the economy: Martha and Charlie. There are two goods in the economy: books and wine. Martha is endowed w

balu736 [363]

Answer:

Charlie consumes 100 books and 25 wines at pareto-optimal allocation, is the right answer.

Explanation:

According to the question, book is denoted with b whereas, wine is denoted with w.

The Utility function of Martha is- $U\left ( b,w \right )=6b+24w$

The Utility function for Charlie is- $U\left ( b,w \right )=bw$

$P_{b}$ = $1 : $P_{w}$ = $4

At pareto-optimality,

$MRS_{bw}=\frac{P_{b}}{P_{w}}\\\frac{w}{b}=\frac{1}{4}\\4w=b\\$

The budget constraint,

$1.b+4.w=m=1\left ( 20 \right )+4\left ( 45 \right )\\b+4w=20+180\\4w+4w=200\\w=\frac{200}{8}=25\\\therefore b=100$

Therefore, it may be said that Charlie must consume 100 books and 25 wine at pareto-optimal allocation.

3 0

3 years ago

A public good is an example of a _____.

Alona [7]

A public good is an example of a good or product that individuals can consume or use without reducing its total availability for others. Goods like national security, sewer systems, public parks, among others, are considered as public goods. Many can benefit from it and it is considered by economists as goods that are "non-rivalrous" or "non-exclusive." <span>
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3 years ago

Francis updates the steps to the occupation manual frequently to maintain the best measures to perform his job. this is an examp

Sergeu [11.5K]

<span>He is a quality control associate. This employee looks for the best ways to perform a task and makes sure that the company adheres to these quality control measures. The associate also makes sure that the output of the job meets up with company and regulatory standards.</span>

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3 years ago

A nation can achieve higher economic growth if: Group of answer choices it devotes more resources to research and development. t

Alchen [17]

Answer:

devotes more resources to research and development.

Explanation:

Economic growth is the rise in the GDP of a country.

A country can increase economic growth by :

increasing labour productivity
increasing capital
increasing technological progress

By devoting more resources to research and development

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3 years ago

1. Identify each account as an asset (A), liability (L), or equity (E).

Novosadov [1.4K]

Answer:

Interest Revenue: Income, Credit balance, credit increases the balance, debit reduces such balance

Accounts Payable: Liability, Credit balance, credit increases the balance, debit reduces such balance

Calhoun Capital: Equity, Credit balance, Credit increases the balance, debit reduces such balance

Office Supplies: Asset, Debit balance, Debit increases the balance, credit reduce such balance

Advertising Expense: Expense, Debit balance, debit increases the balance, credit reduces such balance

Unearned Revenue: Liability, Credit balance, credit increases the balance, debit reduces such balance

Prepaid Rent: Asset, Debit balance, Debit increases the balance, credit reduces such balance

5 0

3 years ago