Answer:
Q = 435/22.5 = 19 streetlights
Explanation:
Since the streetlights is apublic good
Obtaining the market demand curve by adding them vertically
P = 20*20Q - 20*Q
P = 5*( - 5*Q/2
hence
P = 445 - 22.5Q
Socially optimal number of street lights
MB20 + MB5 = MC
400 - 20Q + 45 - 2.5Q = 10
22.5Q = 435
Q = 435/22.5 = 19 streetlights
This means that the research shows that 95% of the yield is between 118 to 130 bushels per acre. The mean is 124 bushels per acre and the margin of error is 6 bushels per acre.
<h3>
Confidence interval</h3>
Given that 95% confidence interval for the true mean yield is 118 to 130 bushels per acre.
This means that the research shows that 95% of the yield is between 118 to 130 bushels per acre. The mean is 124 bushels per acre and the margin of error is 6 bushels per acre.
Hence:
μ ± E = (118, 130)
where μ is mean and E is margin of error
μ - E = 118 (1)
Also:
μ + E = 130 (2)
From both equations:
μ = 124, E = 6
The mean is 124 bushels per acre and the margin of error is 6 bushels per acre.
Find out more on Confidence interval at: brainly.com/question/15712887
Answer:
The probability that neither of both stocks increase is 0,14
Explanation:
The Complement Rule states that the sum of the probabilities of an event and its complement must equal 1.
The data we have is the probability that Stock A or B increase, we are looking for the probability that neither occur, so we have to use the complement of each one.
Complement of Stock A =1-0.54=0.46
Complement of Stock B =1-0.68=0.32
If we want to know the probability of both events happening we have to multiply both complements.
Probability that neither of these two events will occur= 0.46 x0.32= 0,1472
Answer:
Explanation:
Opening units 0
Started 56000
56000
Transffered 30000
Closing 26000
Production Table
Using Weighted Average Method
Cost Element Complete Closing WIP Equivellant production units
Material 30,000 26,000 56,000
Labour Cost 30,000 19,500 49,500
Answer:
12.1%
Explanation:
Over the period of 1926 to 2017, small-company stocks had an average return of ___12.1%_____ percent. 12.1% was the highest rate of small stock during the period of 1926 to 2017.
