Distance = 245 km Speed of train 1 = 23 km/hr Speed of train 2 = 26 km/hr Relative speed = 23 + 26 = 49 km/hr Therefore, speed = distance/time ⇒ 49 = 245/Time ⇒ Time = 245/49 = 5 hrs
Two duopolist firms, 1 and 2, sell a homogeneous good in a market with the demand function Q=100−2P, where Q is the quantity demanded at price P. Firm...
The two regression lines are 6X+4Y=52 and 12X+6Y=62. Find the correlation coefficient.
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