Answer:
Arithmetic
Step-by-step explanation:
An arithmetic progression is characterised by the first term (a), number of terms (n) and common difference (d).
The equilibrium level if autonomous expenditures are $2,000 and the mpe is 0. 5 is $4000.
<h3>How to calculate the equilibrium?</h3>
From the information given, the autonomous expenditures are $2,000 and the mpe is 0. 5.
Here, the equilibrium level will be:
= 2000/(1 - 0.5)
= 2000/0.5
= 4000
In conclusion, the correct option is $4000.
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Answer:
P(x< 18) = 0.986
Step-by-step explanation:
Step 1: find the z-score using the formula, z = (x - µ)/σ
Where,
x = randomly chosen values = 18
µ = mean = 7
σ = standard deviation = 5
Proportion of the population that is less than 18 = P(x < 18)
Plug in the values into z = (x - µ)/σ, to get z-score.
z = (18 - 7)/5
z = 11/5 = 2.2
Step 2: Find P(x< 18) = P (z<2.2) using z-table.
The probability that corresponds with z-score calculated is 0.986.
Therefore,
P(x< 18) = 0.986
Answer:
y=-x-11
Step-by-step explanation: