Which class(es) appear to have the most consistent scores? Explain the reasoning.
For questions 6-9 refer to the box plots (Assume their positions are on the same number line). Write your responses in complete sentences using content specific vocabulary.
4. Which class(es) appear to have the most consistent score? Explain your reasoning.
5. Is there any classes(es) that might have an outlier? Explain your reasoning.
6. Which class would have the lowest standard deviation?
7. Which class would you want to be in? Explain your reasoning.
A monopolist sells an identical product in 2 separate markets.
The demand and cost curves are:P1= 200 -20Q1P2= 120 –5Q2
The monopolist’s total cost function is:TC = 35 +40Q
What pricing strategy will maximize the monopolist’s profits?
Determine the optimal quantities formarket 1 and market 2 and the associated prices.
Draw MARKET 1, MARKET 2, AND COMBINED GRAPHS
Market 1 price________(5 marks)
Market 1 quantity_________(5 marks)
Market 2 price________(5 marks)
Market 2 quantity_________(5 marks)
In a psychological testing experiment, 25 subjects are selected randomly and their reaction time, in seconds, to a particular simulus is measured. Past experience suggests that the variance in reaction times to these types of stimuli is 4 sec^2 and that the distribution of reaction times is approximately normal. The average timw for the subjects is 6.2 seconds. Give an upper 95% bound for the mean reaction time.
Is the given function continuous at the given values of x ?
Is the function continuous at x=6? Select the correct choice below and, if necessary, fill in the answer box to complete your choice.
◯ A. Yes, the point is defined. lim f(x) exists, and lim f(x) = ◴ (Simplify your answer)
x 6 x 6
◯ B. No, the function is not continuous at x=6.
The demand equation for handcrafted violins by a certain violin maker can be approximated by p= 23-x where p is the price in thousands of dollars and x is the quantity of violins demanded.
Find and interpret the marginal revenue for each of the given production levels.
What is the marginal revenue function for R’(x)?
R’(x) = ◴