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3 years ago

The panic of 1819:

1 answer:

3 0

The Panic of 1819 was the result of over-speculation on newly available western lands, which led to high prices on land and banks foreclosing on western lands. It caused an international financial crisis.

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If the cpi is 120 in year 1 and 150 in year 2, then the rate of inflation from year 1 to year 2 is:

mixas84 [53]

The inflation can be measured by the percentage of change in the CPI.

From the givens:
The change between year 1 and year 2 = 150 - 120 = 30
Now, the percentage of change can be calculated as follows:
% of change = (change in CPI/original CPI) * 100
% of change = (30/120) * 100 = 25%

From, the definition, inflation is measured as the percentage in change of CPI, therefore, inflation = 25%

4 0

4 years ago

A monopolist finds that a person’s demand for its product depends on the person’s age. The inverse demand function of someone of

KiRa [710]

Explanation:

A manufacturer of computer memory chips produces chips in lots of 1000. If nothing has gone wrong in the manufacturing process, at most 7 chips each lot would be defective, but if something does go wrong, there could be far more defective chips. If something goes wrong with a given lot, they discard the entire lot. It would be prohibitively expensive to test every chip in every lot, so they want to make the decision of whether or not to discard a given lot on the basis of the number of defective chips in a simple random sample. They decide they can afford to test 100 chips from each lot. You are hired as their statistician.

There is a tradeoff between the cost of eroneously discarding a good lot, and the cost of warranty claims if a bad lot is sold. The next few problems refer to this scenario.

Problem 8. (Continues previous problem.) A type I error occurs if (Q12)

Problem 9. (Continues previous problem.) A type II error occurs if (Q13)

Problem 10. (Continues previous problem.) Under the null hypothesis, the number of defective chips in a simple random sample of size 100 has a (Q14) distribution, with parameters (Q15)

Problem 11. (Continues previous problem.) To have a chance of at most 2% of discarding a lot given that the lot is good, the test should reject if the number of defectives in the sample of size 100 is greater than or equal to (Q16)

Problem 12. (Continues previous problem.) In that case, the chance of rejecting the lot if it really has 50 defective chips is (Q17)

Problem 13. (Continues previous problem.) In the long run, the fraction of lots with 7 defectives that will get discarded erroneously by this test is (Q18)

Problem 14. (Continues previous problem.) The smallest number of defectives in the lot for which this test has at least a 98% chance of correctly detecting that the lot was bad is (Q19)

(Continues previous problem.) Suppose that whether or not a lot is good is random, that the long-run fraction of lots that are good is 95%, and that whether each lot is good is independent of whether any other lot or lots are good. Assume that the sample drawn from a lot is independent of whether the lot is good or bad. To simplify the problem even more, assume that good lots contain exactly 7 defective chips, and that bad lots contain exactly 50 defective chips.

Problem 15. (Continues previous problem.) The number of lots the manufacturer has to produce to get one good lot that is not rejected by the test has a (Q20) distribution, with parameters (Q21)

Problem 16. (Continues previous problem.) The expected number of lots the manufacturer must make to get one good lot that is not rejected by the test is (Q22)

Problem 17. (Continues previous problem.) With this test and this mix of good and bad lots, among the lots that pass the test, the long-run fraction of lots that are actually bad is (Q23)

7 0

3 years ago

You are an occupational health nurse in a large ceramic manufacturing company. how would you intervene to prevent occupational l

Ira Lisetskai [31]

As a health nurse here are some prevention methods for lung diseases for the people that work in ceramic industry that everyone should be aware of:

Make sure to use a ceramic mask when you are working or mixing the clay to make sure you do not inhale any fine particles.
At all costs unnecessary exposure to the dust should be avoided as these dust particles when inhaled decrease the lung capacity.
Do not eat or drink at your working place as these will again go through your system leading to any damages.
Always be aware of the ingredients that are using if they are harmful the management should be made aware so that it doesn't harm when working with them.
Good and clean working environment with a flow of fresh air should be insured.

To know more about lung diseases refer to the link below

brainly.com/question/15645636

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3 0

2 years ago

Because of its size and relative power, Walmart can easily impose controls on small manufacturers, such as Brown Betty Dessert B

Liono4ka [1.6K]

Answer:

Walmart’s various marketing channel relationships offer examples of different forms of an (b) administered vertical

Explanation:

This is a "type of marketing system", different categories of distribution channel, usually producers, retail outlets, and wholesalers, cooperate as a unit to convey items to end clients. Under a common framework, each piece in the circulation channel works as an independent business and attempts to build its very own benefits, frequently to the detriment of different organizations in the chain. Vertical marketing systems help to lessen these sorts of contentions to the common advantage of all gatherings.

8 0

4 years ago

Karl marx's primary disagreement with thomas malthus was his insistence that society was not overpopulated but that wealth neede

ELEN [110]

This is, in fact, very true. Karl Marx believed that the wealth and financial gains available in the United States should have been better balanced throughout the population, however, Thomas Malthus believed the people who didn't have enough were a product of overpopulation.

7 0

4 years ago