1. If some industries exhibit internal economies of scale, we should not expect to see (a) monopolistic competition in these ind
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Answer:
1) mean = 126.8
2) variance = 338.4
3) standard deviation =18.396
4) lower limit of 95% c.i = 113.641
5) . Upper limit for 95% Confidence Interval = 139.595
6) Lower limit for 95% Prediction Interval = 83.157
7) Upper limit for 95% Prediction Interval = 170.443
8) Lower Limit of Tolerance Interval that bounds 90% = 74.574
9) . Upper Limit of Tolerance Interval = 179.026
Explanation:
1) mean = 126.8
2) variance = 338.4
3) standard deviation =18.396
4) lower limit of 95% c.i = 113.641
5) . Upper limit for 95% Confidence Interval = 139.595
6) Lower limit for 95% Prediction Interval = 83.157
7) Upper limit for 95% Prediction Interval = 170.443
8) Lower Limit of Tolerance Interval that bounds 90% = 74.574
9) . Upper Limit of Tolerance Interval = 179.026
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