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MrRa [10]
3 years ago
7

Suppose that a politician tells you about a plan to create two expensive but necessary programs to build more production facilit

ies for solar power and wind power. At the same time, the politician is unwilling to cut any other programs. Assuming the resources are already being efficiently used in other programs, where would the point the politician is trying to reach be on the production possibilities frontier?
Business
1 answer:
Vlada [557]3 years ago
4 0

Answer:

An impossible point

Explanation:

The reason is that politician try to keep the investors satisfied not motivated which means that the politician is trying to tell that the program is very expensive, resources are already efficiently used and that they are unwilling to do this project because they are not considering cutting other programs. This means that the politician is trying to say that the project is not viable so in other words he would say that the project is impossible to proceed.

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Answer:

Total assets and Total equity will be this year's understated.

3 0
3 years ago
Students arrive at the Adminsitrative Office at an average of one every 24 minures, and their requests take on average 12 minute
larisa [96]

<u>Solution and Explanation:</u>

arrival time = 24 per minute, processing time = 12 minutes, number of servers = 1 ( work for 8 hours a days)

a. arrival rate = 60 divide 24 = 2.5 customer per hour, service rate = 60 divide 12 = 5 customers per hour

therefore, the probability that the operator will be busy = 2.5 divide 5 = 0.5

thus, the percentage of idle time = 1 minus 2.5 divide 5 = 0.50

Thus, the percenatge idle time is 50%

b. the average spent by a student waiting in a line = 2.5 / 5(5-2.5)

= 0.20 hours.

Thus, on an average a student spent 0.20 hours waiting in line.

c. the average number in waiting line = 0.5 customers

d. the probability for the given condition to happen is 0.25, 25%

4 0
3 years ago
The law of large numbers says that when many people are insured, the probability distribution of the losses will assume a normal
Dahasolnce [82]

Answer:

allows accurate predictions.

Explanation:

The law of large numbers  states that the larger the amount of policy holders, the probability distribution of the number of claims (losses for the insurance company) will be shaped like a normal distribution. This allows the companies to make more accurate predictions about the future number of claims.

In statistics, the law of large numbers states that as the sample size increases, the mean will be much closer to the real mean of the total population.

6 0
3 years ago
A fitness professional is training a beginner client who has never tried resistance training. How many exercises per body part i
yuradex [85]

Answer:

1-2.

Explanation:

4 0
4 years ago
What is NOT a type of statistical analysis approach for data analysis?
Lana71 [14]

Answer:

co-relationship

Explanation:

co-relationship  is not a type of statistical analysis approach for data analysis.

Types of statistical analysis approach for data analysis include;

Regression Analysis

Causal Analysis

Exploratory Analysis

In statistics we have correlation, which measures the degree of association between two quantitative variables.

5 0
3 years ago
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