Answer:
0.18
Step-by-step explanation:
Given that:
P₁ = $10, P₂ = $20
From the tables Q₁ = 900, Q₂ = 800
Using midpoint method:
Percentage change in quantity = 
Percentage change in price =
Price of elastic demand = Percentage change in quantity/ Percentage change in price = -11.76% / 66.67% = 0.18
The Price of elastic demand is positive because we took the absolute value and elasticity are always positive
Therefore since Price of elastic demand < 1, the demand is inelastic in this interval.
This means that, along the demand curve between $10 to $20, if the price changes by 1%, the quantity demanded will change by 0.18%. A change in the price will result in a smaller percentage change in the quantity demanded. For example, a 10% increase in the price will result in only a 1.8% decrease in quantity demanded and a 10% decrease in the price will result in only a 1.8% increase in the quantity demanded
An actual two-by-two table is a tabular representation containing two rows and two columns.
- The columns consist of the tested True positive for prostate cancer and tested True Negative for prostate cancer
- The rows consist of the predicted positive screening and predicted negative values
<h3>a)</h3>
Mathematically, the set-up of the two-by-two table for this data can be computed as:
Tested True Positive for cancer True Negative Total
Predicted Positive 800 3200 4000
Predicted Negative 100 95900 96000
Total 900 99100 100000
<h3>b)</h3>
The prevalence rate of prostate cancer in this population is:
= 9 per thousand.
<h3>
c)</h3>
The calculation of the sensitivity of this screening is as follows:
where;
- TP = True positive for cancer
- PN₁ = Predicted Negative for true positive cancer
∴
= 0.889
= 88.9%
The interpretation shows that 88.9% are correctly identified to be actual positive for prostate cancer.
<h3>d)</h3>
The calculation of the specificity of this screening is as follows:
where;
- TN = True positive for cancer
- PN₂ = Predicted Negative for true negative cancer
∴
= 0.9677
= 96.77%
The interpretation shows that 96.7% of an actual negative is correctly identified as such.
<h3>
e)</h3>
The positive predicted value of the screening test is computed as:
= 0.2
= 20%
The interpretation of the positive predicted value of this screening shows that 20% that are subjected to the diagnosis of positive prostate cancer truly have the disease.
Learn more about tabular representation here:
brainly.com/question/8307968
Answer:
157,500
Step-by-step explanation:
45,000 x 3.5$= 157,500
Lolz i' wrong prolly cuh so my bad g
Answer:
9.8 x 10^-7
Step-by-step explanation:
Answer:
$63
Step-by-step explanation:
let x represent Charity B then Charity A = 5x
Sum the two and equate to 378, that is
x + 5x = 378
6x = 378 ( divide both sides by 6 )
x = 63
Thus Charity B received $63
