Answer:
Using the Law of Diminishing Marginal Utility, Jane would not be better off buying one more fry, since the marginal utility she obtains from the fries are lower when compared to the chicken sandwich; therefore, she would be better off ordering another chicken sandwich
Answer:
Step-by-step explanation:
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<h3>Hope it is helpful....</h3>
Answer:
1.282, -0.5244,...
Step-by-step explanation:
We know that Z is a standard normal variate with mean =0, and std dev =1
a) z-score separates the highest 10% from the rest of the scores
= 90th percentile = 1.282
b) z-score separates the lowest 30% from the rest of the scores
= 30th percentile = -0.5244
c) z-score separates the lowest 40% from the rest of the scores
= 40th percentile = -0.2533
d) z-score separates the lowest 20% from the rest of the score
=20th percentile = -0.8416
1/27
It’s the same as (1/3)(1/3)(1/3)
