Question
A journey of 600 km is undertaken by a person who travels
part of it by jeep and the remaining by flight. The speed of the jeep is 80 km/h, and that of the flight is 240 km/h. If 30% of the journey is by jeep, find the average speed of the full journey.Solution
ATQ,
Time taken by jeep = (0.30 × 600) / 80 = 180 / 80 = 2.25 hours
Time taken by flight = (0.70 × 600) / 240 = 420 / 240 = 1.75 hours
Average speed = 600 / (2.25 + 1.75) = 600 / 4 = 150 km/h
Which of the following is correct regarding regression coefficient?
...What is the minimum asset size required for a company to be classified as a Core Investment Company (CIC) in India?
A sample poll of 100 voters reveals the following information about candidates A, B and C who are nominated for 3 different offices:
- ...
A Type I error occurs when we:
Suppose the nominal interest rate is 7 per cent while the money supply is growing at a rate of 5 per cent per year. If the government increases the grow...
A profit-maximizing monopolist finds that if it remains open, the best output is 50 a week, but at this output it would make a loss. Under what circumst...
Hedonic pricing is a method used for environmental valuation that:
Why is the choice of the social discount rate crucial and often contentious in the economic analysis of long-term environmental projects (e.g....
The primary deficit in a government budget will be zero, when _______
A company using first-degree price discrimination has a demand curve given by P=100−2Q. If the marginal cost of production is $10 per unit, what is th...