Question
There are (m + 2) red roses, (m + 4) white roses and
βmβ pink roses in a bag. If the probability of picking a pink rose is 5/18, then find the value of βmβ. TYPE 38Solution
According to question, => {m/(m + 2 + m + 4 + m)} = 5/18 => m = 30/3 => m = 10
What does the Exchange Rate Pressure Index (ERPI) measure?
In a study examining the relationship between hours of study (X) and test scores (Y) of students, a bivariate regression analysis was conducted. The fol...
In the context of development economics, a persistent condition known as the poverty trap is often modeled as a stable equilibrium at a low level of inc...
Find the value of Lerner index if P=10 and MR= 5
The two regression lines are 6X+4Y=52 and 12X+6Y=62. Find the correlation coefficient.
...Which growth model inspired the use of the capital-output ratio for development planning?
If equation is over-identified which method is used to estimate?
In a time-series forecasting problem, if the seasonal indices for quarters 1, 2, and 3 are 0.80, 0.90, and 0.95 respectively. What can you say...
Which of the following statements is incorrect?