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Let number of blue balls in the bag be ‘x’.According to question;xC2/16C2 = 3/8Or, x(x – 1) = 90Or, x2 – x – 90 = 0Or, x2 – 10x + 9x – 90 = 0Or, x(x – 10) + 9(x – 10) = 0Or, (x – 10)(x + 9) = 0Or, x = 10 or x = -9 (not possible)So, number of blue balls in the bag = 10
For the 2 variables x and y with the same mean, the regression equation are y = 5x+b and x=7y +c. Calculate b/c
Claudia would be willing to pay as much as $100 per week to have her house cleaned. John's opportunity cost of cleaning Claudia’s house is $70 per...
Suppose the following bilateral spot exchange rates are being quoted for the Danish krone (DKK), the US dollar (US$) and the euro (€):
US$/€ ...
Which of the following could be a remedy for Multicollinearity Problem?
If a tax on a good is doubled, the deadweight loss from the tax
Which of the following four-firm concentration ratios is most consistent with monopolistic competition?
If interest payments are subtracted from gross fiscal deficit, the remainder will be
Money multiplier equals:
Let X and Y be two related variables. The two regression lines are given by x-y+1=0 and 2x-y+4=0. The two regression lines pass through the point:
What does the elasticity of substitution depict?