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Leona [35]
3 years ago
13

The reported unemployment is 5.5% of the population. what measurement scale is used to measure unemployment? nominal ordinal int

erval or ratio descriptive
Mathematics
1 answer:
kirill115 [55]3 years ago
4 0

The answer is interval or ratio. In interval level of measurement, the distances between have attributes does have a meaning. The best example to be used here is temperature. The distance from 40-50 is like the distance from 70-80. While in <span>ratio level of </span>measurement, there is constantly an absolute zero that is significant. Meaning, that you can build a meaningful fraction (or ratio) with a ratio variable. 

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Using the midpoint method (show your work), calculate the price elasticity of demand when the price of a barrel of gosum berries
Setler79 [48]

Answer:

0.18

Step-by-step explanation:

Given that:

P₁ = $10, P₂ = $20

From the tables Q₁ = 900, Q₂ = 800

Using midpoint method:

Percentage change in quantity = \frac{Q_2-Q_1}{(Q_1+Q_2)/2} *100\%=\frac{800-900}{(900+800)/2}*100\%= -11.76\%\\

Percentage change in price =

\frac{P_2-P_1}{(P_1+P_2)/2} *100\%=\frac{20-10}{(20+10)/2}*100\%= 66.67\%\\

Price of elastic demand = Percentage change in quantity/ Percentage change in price = -11.76% / 66.67% = 0.18

The Price of elastic demand is positive because we took the absolute value and elasticity are always positive

Therefore since Price of elastic demand < 1, the demand is inelastic in this interval.

This means that, along the demand curve between $10 to $20, if the price changes by 1%, the quantity demanded will change by 0.18%. A change in the price will result in a smaller percentage change in the quantity demanded. For example, a 10% increase in the price will result in only a 1.8% decrease in quantity demanded and a 10% decrease in the price will result in only a 1.8% increase in the quantity demanded

7 0
3 years ago
john works at a grocery store and makes $11 amount of dollars an hour. how much will be in johns paycheck this week if he worked
Arlecino [84]

Answer: $352

Step-by-step explanation:

6 0
2 years ago
Find all real numbers $s$ such that $-2(s - 7) &gt; 4s + 8$. Give your answer in interval notation.
Stolb23 [73]

Answer:

s\in (-\infty,1)

Step-by-step explanation:

Solve the inequality -2(s - 7) > 4s + 8

Use distributive property:

-2s+14>4s+8

Subtract 4s:

-2s+14-4s>4s+8-4s\\ \\-6s+14>8

Subtract 14:

-6s+14-14>8-14\\ \\-6s>-6

Divide by -6 (do not forget to change sign, because division by negative number changes the sign):

s

5 0
3 years ago
What’s the measure of the missing angles?
Ymorist [56]

Answer:

Angle 1 equals 90 degrees. Angle 2 equals 38 degrees.

Step-by-step explanation:

Angle 1 is at the cross of two perpendicular lines, making it 90 degrees. Angle 2 can be found by making the two equal side lengths and the middle line into one triangle. This means that two of the angles are 52 degrees. This leaves 76 degrees to be split in the triangle. The middle line cuts the angle in half, making it 38 degrees

3 0
3 years ago
Ash buys 5 bunches of flowers. Each bunch contains 10 flowers. He gets 8 more flowers from his yard.
Semenov [28]

Answer:

5 x 10 + 8 = f

Step-by-step explanation:

The reason it is 5 x 10 + 8 = f, is because each bunch has 10 and Ash has five.

In order to find how many flowers he has in 5 bunches is to multiply by how many flowers each bunch has.

Then he gets 8 more flowers which is why it has +8 in the equation.

6 0
2 years ago
Read 2 more answers
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