Step-by-step explanation:
the graph will be compressed vertically
Answer:
The first answer is 1/3 the second answer is also 1/3
Step-by-step explanation:
If you count the number of names there are and take two out that would round down from 2/6 to 1/3. The answer is the same for both questions.
If the price of gasoline has increased from $2.00 per gallon to $3.00 per gallon. how would this price change be represented on the demand curve is: a movement from one point on the line to a higher point on the line.
<h3>What is demand curve?</h3>
Demand curve can be defined as the curve that show price of goods and services produced as well as the quantity demanded for the goods produce at a particular period of time.
The price change can be represented on the demand curve when price increase and this happen when the price of goods move from one point on a line to a higher point on the line
Therefore how would this price change be represented on the demand curve is: a movement from one point on the line to a higher point on the line.
Learn more about demand curve here:
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Answer:
And replacing we got:
And then the estimator for the standard error is given by:
Step-by-step explanation:
For this case we have the following dataset given:
20.05, 20.56, 20.72, and 20.43
We can assume that the distribution for the sample mean is given by:
And the standard error for this case would be:
And we can estimate the deviation with the sample deviation:
And replacing we got:
And then the estimator for the standard error is given by:
