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3 years ago

Which of the following is not one the responsibilities of the federal reserve

2 answers:

8 0

The answer to this question is: <span> Establishing the federal budget
The federal budget is first created by President and his/her personal team members. After that, the president has to submit the proposal of the budget to the congress. If the Congress gave an okay sign, </span><span>The House and Senate will pass budget resolutions.</span>

densk [106]3 years ago

8 0

The following is not one the responsibilities of the federal reserve: D. Establishing the federal budget

<h3>Further explanation </h3>

The Fed is the most important economic player in the world. The Fed controls the money supply and credit conditions in the United States.The Fed in turn has a major impact on the global economy.

On December 23, 1913, the Federal Reserve System was created by an Act of Congress. The System consists of 7 member Board of Governors with headquarters in Washington, D.C., and 12 Reserve Banks located throughout the United States.

The responsibilities of the Federal Reserve include influencing the supply of money and credit; regulating and supervising financial institutions; serving as a banking and fiscal agent for the United States government; and supplying payments services to the public through depository institutions like banks, credit unions, and savings and loans. Payments services include issuing, transferring and redeeming U.S. government securities, processing and clearing checks, and transferring funds.

The Federal Reserve also performs general functions: conducting the nation's monetary policy, regulating banking institutions, monitoring and protecting the credit rights of consumers, maintaining the stability of the financial system, and providing financial services to the U.S. government.

<h3>Learn more</h3>

Learn more about the federal reserve brainly.com/question/9797268

<h3>Answer details</h3>

Grade: 9

Subject: SAT

Chapter: the federal reserve

Keywords: the federal reserve

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4 years ago

company manufactured six television sets on a given day, and these TV sets were inspected for being good or defective. The resul

lana [24]

Sampling distribution involves the proportions of a data element in a given sample.

<em>The proportion of Good TV set is 0.67</em>
<em>The number of ways of selecting 5 from 6 TV sets is 6</em>
<em>The number of ways of selecting 4 from 6 TV sets is 15</em>

<em />

Given

$n = 6$

Sample Space = Good, Good, Defective, Defective, Good, Good

<u>(a) Proportion that are good</u>

From the sample space, we have:

$Good = 4$

So, the proportion (p) that are good are:

$p = \frac{Good}{n}$

$p = \frac{4}{6}$

$p = 0.67$

<u>(b) Ways to select 5 samples (without replacement)</u>

This is calculated using:

$^nC_r = \frac{n!}{(n - r)!r!}$

Where

$r = 5$

So, we have:

$^6C_5 = \frac{6!}{(6 - 5)!5!}$

$^6C_5 = \frac{6!}{1!5!}$

$^6C_5 = \frac{6 \times 5!}{1 \times 5!}$

$^6C_5 = \frac{6}{1}$

$^6C_5 = 6$

Hence, there are 6 ways

<u>(c) All possible sample space of 4</u>

First, we calculate the number of ways to select 4.

This is calculated using:

$^nC_r = \frac{n!}{(n - r)!r!}$

Where

$r = 4$

So, we have:

$^6C_4 = \frac{6!}{(6 - 4)!4!}$

$^6C_4 = \frac{6!}{2!4!}$

$^6C_4 = \frac{6 \times 5 \times 4}{2 \times 1 \times 4!}$

$^6C_4 = \frac{30}{2}$

$^6C_4 = 15$

So, the table is as follows:

$\left[\begin{array}{ccc}TV&Good&Proportion\\1,2,3,4&2&0.5&2,3,4,5&2&0.5&3,4,5,6&2&0.5\\4,5,6,1&3&0.75&5,6,1,2&4&1&6,1,2,3&3&0.75\\1,2,3,5&3&0.75&3,5,6,2&3&0.75&1,3,4,5&2&0.5\\1,3,4,6&2&0.5&1,4,5,2&3&0.75&2,4,6,1&3&0.75\\2,4,6,3&2&0.5&2,4,6,5&3&0.75&3,5,6,1&3&0.75\end{array}\right]$

The proportion column is calculated by dividing the number of Good TVs by the total selected (4) i.e.

$p = \frac{Good}{n}$

<u>(d) The sampling distribution</u>

In (a), we have:

$p = 0.67$ --- proportion of Good TV

The sampling error is calculated as follows:

$SE_n = |p - p_n|$

So, we have:

$\left[\begin{array}{ccc}TV&Good&SE\\1,2,3,4&2&0.17&2,3,4,5&2&0.17&3,4,5,6&2&0.17\\4,5,6,1&3&0.08&5,6,1,2&4&0.33&6,1,2,3&3&0.08\\1,2,3,5&3&0.08&3,5,6,2&3&0.08&1,3,4,5&2&0.17\\1,3,4,6&2&0.17&1,4,5,2&3&0.08&2,4,6,1&3&0.08\\2,4,6,3&2&0.17&2,4,6,5&3&0.08&3,5,6,1&3&0.08\end{array}\right]$