Determine the residual for mouse
Assume a mouse weighing 20 grams has a 78 mm tail. Determine the residual for this mouse? Be sure to think about whether the y value of 78 is above the line (and thus has a positive residual) or below the line (and thus has a negative residual).
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In bayesian estimation of the mean of normal distribution x1,......xn , n(theta, sigma^2) using double expoential as prior , ( e^-abs(theta)/b)/2b where b is known, what is their joint distribution?
Illustrate an arbitrary budget constraint for a person, assuming that he or she receives no government subsidies. Then describe in the budget constraint that arises from the above housing subsidy proposal.
Assume that the demand curve for a product is given by the P=36-Q where P is in thousands of dollars per auto and quantity is in millions of cars per year.
Suppose that the annual rate of inflation is 2%. Suppose that the market annual interest rate is 3%. Determine the real annual interest rate (compounded annually)?
The quantity demanded x of a certain brand of the DVD player is 3000/week when the unit price p is $485. The quantity demanded increases by 250 units for each decrease in unit price of $20 below $485.
What tax T should it set to achieve the social optimum? To correct the externality, the government decides to impose a tax of T per unit sold.
when does a transnational strategy make sense? Explain how the Internet does positively or negatively affect the transnational strategy and the global strategy?
An incoming lot of silicon wafers is to be inspected for defectives by an engineers in a microchip manufacturing plant. In a tray containing 20 wafers, assume 5 are defectives. Four wafers are to be randomly selected for the inspection. Find the p
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