Answer:
And using the complement rule we got:
Explanation:
Previous concepts
Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".
Solution to the problem
For this case wwe know that p = 0.52 and n = 99 and we can check if we can use the normal approximation for the proportion distribution.
So then we can use the normal approximation.
The population proportion have the following distribution
The mean is given by:
And the standard error is given by:
We want to calculate this probability:
And for this case we can calculate the z score given by:
And replacing we got:
And using this formula:
And using the complement rule we got:
Answer:
The correct answer is letter "A": rises; falls.
Explanation:
Given a market for a certain good or service, in case the supply decreases at a fastest pace than the demand increases, the equilibrium price is likely to <em>rise</em>. As a result of the quick drop in the supply for that good or service, the equilibrium quantity is likely to <em>fall</em>.
Answer:
Strategic planning.
Explanation:
Strategic planning refers to the process by which an organization systematically outlines its desired direction in the future.It typically involves identifying goals and objectives,as well as the measures of achieving the envisioned plan.
Answer: Consumer Spending
Explanation:
As more Americans find jobs, they will be able to earn an income. As they do so they will be able to spend more on goods and services in the economy thereby increasing Consumption spending which is the largest determinant of Aggregate Demand.
As a result of this increase in Consumption, Aggregate demand will change by increasing as well.