please explain your answers - thank you!
We want to predict y=salaries for people with the same job title based on x1=months at job and x2-gender (coded as males=0, females-1) using the model: y=x+B₁x₁ + B₂x2 + B3X1X2 + ε Identify the

Answers

Answer 1

The given model is a linear regression model that aims to predict salaries (y) based on two predictor variables: months at the job (x₁) and gender (x₂). The model includes interaction term B₃X₁X₂ and an error term ε.

The equation of the model is: y = B₀ + B₁x₁ + B₂x₂ + B₃X₁X₂ + ε

Format:

y: Salaries (dependent variable)

x₁: Months at the job (first predictor variable)

x₂: Gender (coded as males=0, females=1) (second predictor variable)

B₀: Intercept (constant term)

B₁: Coefficient for x₁ (months at the job)

B₂: Coefficient for x₂ (gender)

B₃: Coefficient for X₁X₂ (interaction term)

ε: Error term

The model assumes that salaries (y) can be predicted based on the number of months a person has been in their job (x₁), the gender of the person (x₂), and the interaction between months at the job and gender (X₁X₂). The model also includes an error term (ε), which captures the variability in salaries that is not explained by the predictor variables.

The coefficients B₀, B₁, B₂, and B₃ represent the impact of each predictor variable on the predicted salary. B₀ is the intercept term and represents the predicted salary when both x₁ and x₂ are zero. B₁ represents the change in the predicted salary for each unit increase in x₁, while B₂ represents the difference in predicted salaries between males (coded as 0) and females (coded as 1). B₃ represents the additional impact on the predicted salary due to the interaction between x₁ and x₂.

To obtain the specific values of the coefficients B₀, B₁, B₂, and B₃, as well as the error term ε, a regression analysis needs to be performed using appropriate statistical methods. The analysis involves fitting the model to a dataset of actual salaries, months at the job, and gender, and estimating the coefficients that best fit the data.

The given model provides a framework to predict salaries (y) based on the number of months at the job (x₁), gender (x₂), and their interaction (X₁X₂). The coefficients B₀, B₁, B₂, and B₃, as well as the error term ε, need to be estimated through a regression analysis using actual data to make accurate predictions

To know more about linear regression, visit

https://brainly.com/question/32505018

#SPJ11


Related Questions

A study of 244 advertising firms revealed their income after taxes: Income after Taxes Under $1 million $1 million to $20 million $20 million or more Number of Firms 128 62 54 W picture Click here for the Excel Data File Clear BI U 8 iste : c Income after Taxes Under $1 million $1 million to $20 million $20 million or more B Number of Firms 128 62 Check my w picture Click here for the Excel Data File a. What is the probability an advertising firm selected at random has under $1 million in income after taxes? (Round your answer to 2 decimal places.) Probability b-1. What is the probability an advertising firm selected at random has either an income between $1 million and $20 million, or an Income of $20 million or more? (Round your answer to 2 decimal places.) Probability nt ences b-2. What rule of probability was applied? Rule of complements only O Special rule of addition only Either

Answers

a. The probability that an advertising firm chosen at random has under probability  $1 million in income after taxes is 0.52.

Number of advertising firms having income less than $1 million = 128Number of firms = 244Formula used:P(A) = (Number of favourable outcomes)/(Total number of outcomes)The total number of advertising firms = 244P(A) = Number of firms having income less than $1 million/Total number of firms=128/244=0.52b-1. The probability that an advertising firm chosen at random has either an income between $1 million and $20 million, or an Income of $20 million or more is 0.48. (Round your answer to 2 decimal places.)Explanation:Given information:Number of advertising firms having income between $1 million and $20 million = 62Number of advertising firms having income of $20 million or more = 54Total number of advertising firms = 244Formula used:

P(A or B) = P(A) + P(B) - P(A and B)Probability of advertising firms having income between $1 million and $20 million:P(A) = 62/244Probability of advertising firms having income of $20 million or more:P(B) = 54/244Probability of advertising firms having income between $1 million and $20 million and an income of $20 million or more:P(A and B) = 0Using the formula:P(A or B) = P(A) + P(B) - P(A and B)P(A or B) = 62/244 + 54/244 - 0=116/244=0.48Therefore, the probability that an advertising firm chosen at random has either an income between $1 million and $20 million, or an Income of $20 million or more is 0.48.b-2. Rule of addition was applied.

To know more about probability visit:

https://brainly.com/question/11234923

#SPJ11

What is the annual payment of a $529,207 10-year interest-only fixed rate mortgage loan at 7.2% with 1 point in origination fees? Please round your answer to the nearest cent.

Answers

The annual payment of a $529,207 for 10-year interest-only with 1 point in origination fees is approximately $38,269.29.

The annual payment of a $529,207 10-year interest-only fixed rate mortgage loan at 7.2% with 1 point in origination fees can be calculated using the formula for interest-only mortgage payments:

Annual payment = Loan amount × Interest rate × (1 + Points)

Where,Loan amount = $529,207

Interest rate = 7.2%

Points = 1% = 0.01

Substituting the given values,

Annual payment = $529,207 × 7.2% × (1 + 0.01) ≈ $38,269.28

Rounding the answer to the nearest cent, Annual payment ≈ $38,269.29

Hence, the annual payment of a $529,207 10-year interest-only fixed rate mortgage loan at 7.2% with 1 point in origination fees is approximately $38,269.29.

Know more about the mortgage loan

https://brainly.com/question/22598793

#SPJ11

Which of the following could be used in an indirect proof of the proposition below? If xy &d are real numbers and z * 0,then y is directly proportional to x Assume that y is inversely proportional to x # , = %,then =V Given that I 9z, 2 # 0,use logic to show that y is proportional to x Assume that y is not directly proportional to x

Answers

In an indirect proof of the proposition "If xy ≠ 0 and z ≠ 0, then y is directly proportional to x," one could assume that y is not directly proportional to x. This assumption allows for the exploration of a contradiction, which would lead to the conclusion that y is indeed directly proportional to x.

An indirect proof aims to prove a proposition by assuming the negation of the desired conclusion and then demonstrating a contradiction. In this case, we want to prove that if xy ≠ 0 and z ≠ 0, then y is directly proportional to x.

To construct an indirect proof, one could assume that y is not directly proportional to x.

This means that the ratio of y to x is not a constant value. From this assumption, one can explore the implications and arrive at a contradiction.

By assuming that y is not directly proportional to x, it implies that the ratio y/x varies with different values of x and y.

However, the original proposition states that if xy ≠ 0 and z ≠ 0, then y is directly proportional to x. Thus, assuming the negation of the desired conclusion contradicts the initial proposition.

Since the assumption of y not being directly proportional to x leads to a contradiction, we can conclude that y must be directly proportional to x, supporting the original proposition.

To learn more about proposition visit:

brainly.com/question/30895311

#SPJ11

find the annual simple interest rate of a loan where 1000 is borrowed and where 1060 is repaid at the end of 13 months

Answers

 The annual simple interest rate of the loan is 24%.

To calculate the annual simple interest rate, we can use the formula:
Interest = Principal * Rate * time
Given that $1000 is borrowed and $1060 is repaid at the end of 13 months, we can determine the interest amount by subtracting the principal from the total amount repaid:
Interest = $1060 - $1000 = $60
Now, we can substitute the values into the formula and solve for the rate:
$60 = $1000 * Rate * (13/12)
Simplifying the equation:
Rate = $60 / ($1000 * (13/12)) = 0.072
To convert the rate to a percentage, we multiply by 100:
Rate = 0.072 * 100 = 7.2%
However, since the question asks for the annual interest rate, we need to adjust for the time period. The loan is for 13 months, so we divide the rate by 13/12 to account for the shorter time:
Annual Interest Rate = 7.2% / (13/12) = 7.2% * (12/13) = 6.6%
Therefore, the annual simple interest rate of the loan is 6.6%.

Learn more about simple interest here
https://brainly.com/question/29214351



#SPJ11

Let f ( x ) = 3 x 4 + 4 x 7 − 17 . Type in the monomial expression that best estimates the value of the entire expression when x → ± [infinity] . Let g ( x ) = − 4 x 3 + 4 x 6 − 28 x 2 . Type in the monomial expression that best estimates the value of the entire expression when

Answers

we choose the monomial 4x6 to estimate the value of g ( x ) when x → ± [infinity].

Let f ( x ) = 3 x 4 + 4 x 7 − 17.

The monomial expression that best estimates the value of the entire expression when x → ± [infinity] is 4x7.Let g ( x ) = − 4 x 3 + 4 x 6 − 28 x 2. The monomial expression that best estimates the value of the entire expression when x → ± [infinity] is 4x6.

Both functions f ( x ) and g ( x ) include polynomials of different degrees with multiple terms, which are the sums or differences of monomials. We can obtain estimates for the value of the entire expression for x → ± [infinity] by choosing the monomial term with the highest degree since it grows the fastest and dominates the rest of the terms.In f ( x ), the degree of the highest term is 7, and the coefficient is positive.

Therefore, we choose the monomial 4x7 to estimate the value of f ( x ) when x → ± [infinity].

Similarly, in g ( x ), the degree of the highest term is 6, and the coefficient is positive.

Therefore, we choose the monomial 4x6 to estimate the value of g ( x ) when x → ± [infinity].

To know more about functions visit:

https://brainly.com/question/11624077

#SPJ11

triangle ABC with verticales at A(-3,-3) B(3, 3) C(0, 3) is dilated to create triangle abc with verticles at a(-9, -9) B(9, 9) C(0,9)

Answers

We can conclude that the dilated triangle abc is similar to the original triangle ABC with a dilation factor of 3,

Dilation is a transformation that performs a proportional resize of a figure. It changes the size of the figure while maintaining its shape and orientation. To dilate triangle ABC to create triangle abc, we can multiply the coordinates of each vertex of ABC by a dilation factor of 3.

The coordinates of the vertices of the original triangle ABC are A(-3,-3), B(3,3), and C(0,3). Multiplying each coordinate by 3 gives the coordinates of the vertices of the dilated triangle abc : A(-9,-9), B(9,9), and C(0,9).

We can compare the two triangles to see how the dilation has affected them. The size of triangle abc is three times larger than that of triangle ABC. The shape and orientation of triangle abc are the same as that of triangle ABC. The vertices of the dilated triangle, abc, are located at three times the distance from the origin as the corresponding vertices of triangle ABC. That is why the coordinates of all vertices of triangle abc are three times the coordinates of the corresponding vertices of triangle ABC. since the triangle was resized proportionally and has the same shape and orientation.

For such more questions on triangle

https://brainly.com/question/28470545

#SPJ8

When a monopolist sells sweatshirts at a price of $40, consumers demand ten sweatshirts. In order to sell an 11th sweatshirt, the firm must lower its price to $35. What is this firm's marginal revenue from selling the 11th sweatshirt? Do not include units in your answer.

Answers

The monopolist's marginal revenue from selling the 11th sweatshirt is $25.Marginal revenue is the change in total revenue that results from selling an additional unit of a product

In this case, the monopolist initially sells ten sweatshirts at a price of $40, resulting in a total revenue of 10 x $40 = $400.

To sell the 11th sweatshirt, the firm must lower the price to $35. This means that the revenue from selling the 11th sweatshirt is $35. However, it's important to note that reducing the price for the 11th sweatshirt affects the price and quantity demanded for all previous units as well. So, the marginal revenue from selling the 11th sweatshirt is not simply $35.

To determine the marginal revenue, we need to compare the total revenue before and after selling the 11th sweatshirt. Before selling the 11th sweatshirt, the total revenue was $400. After selling the 11th sweatshirt, the total revenue becomes 11 x $35 = $385. The change in total revenue is $385 - $400 = -$15.

Therefore, the marginal revenue from selling the 11th sweatshirt is -$15, indicating that the revenue decreased by $15 when the 11th sweatshirt was sold. However, since marginal revenue is typically defined as a positive value, we take the absolute value, which is $15, to represent the marginal revenue from selling the 11th sweatshirt.

Learn more about marginal revenue here:

https://brainly.com/question/18859122

#SPJ11

Jenelle draws one from a standard deck of 52 cards. Determine the probability of drawing either a two or a ten? Write your answer as a reduced fraction. Answer:
Determine the probability of drawing either a two or a club? Write your answer as a reduced fraction. Answer:

Answers

The standard deck of cards contains 52 cards. In the given scenario, Jenelle draws one card from a standard deck of 52 cards. Let us first determine the probability of drawing either a two or a ten.

Since there are four twos and four tens in a deck of 52 cards, the probability of drawing a two or a ten can be calculated as follows:P(drawing a two or a ten) = P(drawing a two) + P(drawing a ten)P(drawing a two or a ten) = 4/52 + 4/52P(drawing a two or a ten) = 8/52The above fraction can be reduced by dividing both the numerator and denominator by 4.

Thus,P(drawing a two or a ten) = 2/13Now, let us determine the probability of drawing either a two or a club. Since there are four twos and thirteen clubs in a deck of 52 cards, the probability of drawing a two or a club can be calculated as follows:P(drawing a two or a club) = P(drawing a two) + P(drawing a club) - P(drawing a two of clubs)Since there is only one two of clubs in a deck of 52 cards,P(drawing a two or a club) = 4/52 + 13/52 - 1/52P(drawing a two or a club) = 16/52The above fraction can be reduced by dividing both the numerator and denominator by 4.

Thus,P(drawing a two or a club) = 4/13Hence, the probability of drawing either a two or a ten is 2/13 and the probability of drawing either a two or a club is 4/13.

To know more about probability visit :

https://brainly.com/question/31828911

#SPJ11

(08.02 MC)
The dot plots below show the scores for a group of students for two rounds of a quiz:
Round 1
945
2 3 4 5
Score

Answers

If you would count the Dots in round 1 and 2, you would see that both are numbered to 8 Dots meaning both are the same except by stages where stage 1-3 are none except round 2 is lower in stage 4 but higher in stage 5. Despite this, I think the answer is B. The range of each round is the same.

Answer:

B)  The range of each round is the same.

Step-by-step explanation:

The overlap between data in a dot plot refers to the situation where multiple data points share the same position or coordinate on the plot, resulting in dots appearing on top of one another.

As both dot plots have dots on top of one another, there is overlap between the data.

The range of a dot plot is the difference between the maximum and minimum values in the dataset displayed on the dot plot.

Range of the Round 1 scores = 5 - 4 = 1Range of the Round 2 scores = 5 - 4 = 1

Therefore, the range of each round is the same.

For Round 1, there are six scores of 4 points, and two scores of 5 points, making a total of 34 points.

⇒ 6 × 4 + 2 × 5 = 24 + 10 = 34

For Round 2, there are four scores of 4 points, and four scores of 5 points, making a total of 36 points.

⇒ 4 × 4 + 4 × 5 = 16 + 20 = 36

Therefore:

Round 2 scores are higher than Round 1 scoresRound 1 scores are lower than Round 2 scores.

Given the function f(x)=π−x for 0≤x≤π, 4. a Define an even extension for −π⩽x⩽0 and find the Fourier series of the even function so obtained. 4.b Define an odd extension for −π≤x≤0 and find the Fourier series of the odd function so obtamed.

Answers

For the given function on the given interval 0 ≤ x ≤ π, we can define an even extension for -π ≤ x ≤ 0 and find the Fourier series of the even function.

a. To define an even extension of f(x) for -π ≤ x ≤ 0, we reflect the function f(x) about the y-axis, creating a symmetric extension of f(x) with respect to the y-axis. The even extension will have the same values as f(x) for x in the interval 0 ≤ x ≤ π, and for x in the interval -π ≤ x ≤ 0, the even extension will have the same absolute value but opposite sign as f(x). The resulting even extension will be an even function with respect to the y-axis.

b. To define an odd extension of f(x) for -π ≤ x ≤ 0, we reflect the function f(x) about the origin (0, 0), creating a symmetric extension of f(x) with respect to the origin. The odd extension will have the same values as f(x) for x in the interval 0 ≤ x ≤ π, and for x in the interval -π ≤ x ≤ 0, the odd extension will have the same absolute value but opposite sign as f(x). The resulting odd extension will be an odd function with respect to the origin.

To find the Fourier series of the even function and odd function, we can use the Fourier series expansion formulas for even and odd functions, respectively. The even function will have only cosine terms in its Fourier series, while the odd function will have only sine terms in its Fourier series. By evaluating the respective Fourier series coefficients, we can express the even and odd functions as a sum of cosine and sine terms, respectively.

Learn more about Fourier series here:

https://brainly.com/question/31046635

#SPJ11

Q1-
What measure of central tendency MOST affected by outliers:
mean and median
median and mode
mean and range
midrange and mean
Q2-what measure of central tendency LEAST affected by
outliers:
mean
m

Answers

(1) The proportion of focal propensity Generally impacted by exceptions Mean and Median. (2) The median is the central tendency measurement that is least affected by outliers. Median.

Q1) The proportion of focal propensity Generally impacted by exceptions are the mean and middle.

Extreme values that are very different from the other data values in a set are known as outliers. The position and slope of the regression line can be significantly altered by an outlier, which can be an influential point. The mean, median, and mode are the measures of central tendency. The mode is the value that appears most frequently, the mean is the arithmetic average, and the median is the middle value of a dataset.

Outliers have the greatest impact on the mean, which is the most common central tendency measurement. A solitary outrageous worth can significantly influence the mean. When outliers are present in the data set, the median provides a more accurate measure of central tendency.

As a result, the response is Mean and Median.

Q2: The median is the central tendency measurement that is least affected by outliers.

A dataset's median value is its middle value. While the median is less affected, outliers can have a significant impact on the mean. Subsequently, the middle is viewed as the better proportion of focal inclination when the informational collection incorporates exceptions.

As a result, the response is Median.

To know more about central tendency refer to

https://brainly.com/question/28473992

#SPJ11

The fitted regression is Sales = 842 - 37.5 Price.

(a-1) If Price = 1, then sales = . (Round your answer to 1 decimal place.)

(a-2) Choose the correct statement.

A. An increase in price increases sales.

B. An increase in price decreases sales.

C. A decrease in price decreases sales.

(b) If Price = 20, then sales = .

(c) Choose the right option.

A. The intercept is not meaningful as a zero price is unrealistic.

B. The intercept is meaningful as sales will be maximum when price is zero.

Answers

(a-1) The fitted sales regression will be 804.5 when price is 1.

To find the value of sales when the price is 1, we can substitute the value of Price into the regression equation:

Sales = 842 - 37.5 * Price

If Price = 1, then we have:

Sales = 842 - 37.5 * 1

Sales = 842 - 37.5

Sales ≈ 804.5

Therefore, when the price is 1, the estimated sales is approximately 804.5.

(a-2) The correct statement is option ( B )An increase in price decreases sales.

To determine the effect of an increase in price on sales, we need to look at the coefficient of Price in the regression equation. In this case, the coefficient is -37.5.

Since the coefficient is negative, we can conclude that an increase in price will decrease sales.

Therefore, the correct statement is (B) "An increase in price decreases sales."

(b) If Price = 20, then sales = 92.

To find the value of sales when the price is 20, we can once again substitute the value of Price into the regression equation:

Sales = 842 - 37.5 * Price

If Price = 20, then we have:

Sales = 842 - 37.5 * 20

Sales = 842 - 750

Sales = 92

Therefore, when the price is 20, the estimated sales is 92.

(c) The correct statement is option (b) The intercept in the regression equation represents the estimated sales when the price is zero.

However, it is important to note that in this context, a zero price is unrealistic and does not have practical meaning.

Therefore, the correct statement is (A) "The intercept is not meaningful as a zero price is unrealistic."

To know more about  regression refer here:

https://brainly.com/question/32505018?#

#SPJ11

Find the payment necessary to amortize the following loans using the amortization table, and round to the nearest cent if needed Amount of Loan: $12000 Interest Rate: 6% Payments Made: semiannually Number of Years: 8 4. Find the monthly payment for a 30-year real estate loan of $195,000 with an interest rate of 5%, which also has annual taxes of $3920 and annual insurance of $850.

Answers

The payment necessary to amortize the given loan is $949.04.

1. To find the payment necessary to amortize the given loans using the amortization table, the steps are as follows:

The formula to calculate the payment for amortizing a loan is given by: [tex]`P = r(PV) / [1 - (1 + r)^(-n)]`[/tex]

Where, P = Payment amount

r = Interest rate per compounding period

n = Total number of compounding periods`PV`

= The present value of the loan, i.e., the amount of the loan

For a semiannual payment, the interest rate and the number of years are calculated as:

[tex]`r = (6 / 2) / 100 \\=\\0.03`[/tex]

(semiannual interest rate) and

[tex]`n = 8 x 2 \\= 16`[/tex]

(total number of compounding periods)

Using the above values in the formula, we get:

[tex]P = 0.03 x 12000 / [1 - (1 + 0.03)^(-16)]\\≈ $949.04[/tex]

(rounded to the nearest cent)

Therefore, the payment necessary to amortize the given loan is $949.04.

Therefore, the payment necessary to amortize the given loan is $949.04.

Know more about loan here:

https://brainly.com/question/26011426

#SPJ11

[tex] \frac{x - 4}{2} - \frac{x + 7}{5} [/simplify the following ​

Answers

The simplified expression is:

[tex]$\frac{3x - 34}{10}$[/tex]

To simplify the given expression, we'll first work on combining the fractions with a common denominator:

[tex]$\frac{x - 4}{2} - \frac{x + 7}{5}$[/tex]

To obtain a common denominator, we multiply the first fraction by [tex]$\frac{5}{5}$[/tex] and the second fraction by [tex]$\frac{2}{2}$[/tex]:

[tex]$\frac{5(x - 4)}{10} - \frac{2(x + 7)}{10}$[/tex]

Now, we can combine the fractions:

[tex]$\frac{5x - 20 - 2x - 14}{10}$[/tex]

Simplifying the numerator:

[tex]$\frac{3x - 34}{10}$[/tex]

In summary, the expression[tex]$\frac{x - 4}{2} - \frac{x + 7}{5}$[/tex] simplifies to[tex]$\frac{3x - 34}{10}$.[/tex]

for more such questions on simplified expression

https://brainly.com/question/30986625

#SPJ8

Pls help with this question

Answers

The rocket hits the ground after 9 seconds (t = 9).

To determine when the rocket hits the ground, we need to find the time when the height (h(t)) equals zero.

Given the equation for the height of the rocket as h(t) = -16t^2 + 144t, we can set it equal to zero:

-16t^2 + 144t = 0

We can factor out a common term of -16t:

-16t(t - 9) = 0

Setting each factor equal to zero gives us two possible solutions:

-16t = 0, which implies t = 0.

t - 9 = 0, which implies t = 9.

Since time (t) cannot be negative in this context, we discard the t = 0 solution.

For more questions on factor

https://brainly.com/question/25829061

#SPJ8

find all values of x such that (6, x, −11) and (5, x, x) are orthogonal. (enter your answers as a comma-separated list.)

Answers

The comma-separated list of the values of x is:5, 6

To find all the values of x such that (6, x, -11) and (5, x, x) are orthogonal, we need to calculate their dot product and set it to 0 since the dot product of two orthogonal vectors is 0.

Let's find the dot product and set it to 0:

(6, x, -11) · (5, x, x) = 6 × 5 + x × x + (-11) × x= 30 + x² - 11x

We need to solve the equation 30 + x² - 11x = 0 to get the values of x that make the two vectors orthogonal.

Using the quadratic formula, we have:

x = (-b ± sqrt(b² - 4ac)) / 2a, where a = 1, b = -11, and c = 30.

Plugging in these values, we get:

x = (-(-11) ± sqrt((-11)² - 4(1)(30))) / 2(1)

= (11 ± sqrt(121 - 120)) / 2

= (11 ± sqrt(1)) / 2

= 6, 5

We have found two values of x, which are 5 and 6, that make the two vectors orthogonal.

Therefore, the comma-separated list of the values of x is:5, 6

To know more about orthogonal vectors visit:

https://brainly.com/question/31971350

#SPJ11

given a term in an arithmetic sequence and the common difference find the first five terms and the explicit formula. answers

Answers

To find the first five terms of an arithmetic sequence, we need the given term and the common difference.

Let's denote the given term as "a" and the common difference as "d."

The explicit formula for an arithmetic sequence is:

an = a + (n - 1) * d

where "an" represents the nth term in the sequence.

Now, let's calculate the first five terms using the given term and the common difference:

Term 1: a1 = a

Term 2: a2 = a + d

Term 3: a3 = a + 2d

Term 4: a4 = a + 3d

Term 5: a5 = a + 4d

These are the first five terms of the arithmetic sequence.

As for the explicit formula, we can observe that the common difference "d" is added to each term to get the next term. So, the explicit formula for this arithmetic sequence is:

an = a + (n - 1) * d

where "a" is the given term and "d" is the common difference.

To know more about sequence visit-

brainly.com/question/11992749

#SPJ11

D Question 5 Calculate the following error formulas for confidence intervals. (.43)(.57) (a) E= 2.03√ 432 (b) E= 1.28 4.36 √42 (a) [Choose ] [Choose ] [Choose ] [Choose ] (b) 4 4 (

Answers

(a) To calculate the error formula for the confidence interval, you need to multiply 2.03 by the square root of 432. The resulting value is the margin of error (E) for the confidence interval.

1: Calculate the square root of 432.

√432 ≈ 20.7846

2: Multiply 2.03 by the square root of 432.

2.03 * 20.7846 ≈ 42.1810

Therefore, the error formula for the confidence interval is E = 42.1810.

(b) To calculate the error formula for the confidence interval, you need to multiply 1.28 by 4.36 and then take the square root of the result. The resulting value is the margin of error (E) for the confidence interval.

1: Multiply 1.28 by 4.36.

1.28 * 4.36 ≈ 5.5808

2: Take the square root of the result.

√5.5808 ≈ 2.3616

Therefore, the error formula for the confidence interval is E ≈ 2.3616.

In both cases, the calculated values represent the margin of error (E) for the respective confidence intervals.

To know more about confidence interval refer here:

https://brainly.com/question/32278466

#SPJ11

Jane picks a number (x). She divides her number by 4 and then increase her answer by 4 to get 24. What is Jane's number ?​

Answers

Jane's number (x) is 80. When she divides 80 by 4 and adds 4 to the result, she obtains 24, as stated in the problem.

Let's solve the problem step by step to find Jane's number (x).

According to the given information, Jane divides her number (x) by 4 and then increases her answer by 4 to obtain the result of 24.

Let's represent the problem mathematically:

(x / 4) + 4 = 24

To find the value of x, we need to isolate it on one side of the equation. We can begin by subtracting 4 from both sides of the equation:

(x / 4) = 24 - 4

(x / 4) = 20

Next, we can multiply both sides of the equation by 4 to eliminate the fraction:

4 * (x / 4) = 4 * 20

x = 80

The division is one of the basic arithmetic operations in math in which a larger number is broken down into smaller groups having the same number of items

Therefore, Jane's number (x) is 80. When she divides 80 by 4 and adds 4 to the result, she obtains 24, as stated in the problem.

For more questions on divides

https://brainly.com/question/30224866

#SPJ8

Assume that military aircraft use ejection seats designed for men weighing between 146.9 lb and 210 lb. If women's weights are normally distributed with a mean of 162.2 lb and a standard deviation of

Answers

If women's weights are normally distributed with a mean of 162.2 lb and a standard deviation of σ, the probability of a woman being able to use the ejection seat designed for men weighing between 146.9 lb and 210 lb is approximately 0.999995.

Assuming that military aircraft use ejection seats designed for men weighing between 146.9 lb and 210 lb, and that women's weights are normally distributed with a mean of 162.2 lb and a standard deviation of σ, we need to calculate the probability of a woman being able to use the ejection seat.

We can use the Z-score formula to calculate the probability of a woman being within the weight range for the ejection seat:Z = (x - μ) / σwhere x is the weight of the woman, μ is the mean weight of women, and σ is the standard deviation of women's weights.The Z-score will tell us how many standard deviations a woman's weight is from the mean.

We can then use a Z-table to find the probability of a woman being within the weight range for the ejection seat.Using the formula for Z-score, we have:Z = (210 - 162.2) / σZ = 47.8 / σZ-score for upper limitZ = (146.9 - 162.2) / σZ = -15.3 / σZ-score for lower limit

We know that the ejection seats are designed for men weighing between 146.9 lb and 210 lb. Therefore, the probability of a woman being able to use the ejection seat is the probability that her weight falls within this range.

We can calculate this probability by finding the area under the normal distribution curve between the Z-scores for the upper and lower limits.

For example, if we assume that σ = 10, then we can find the probabilities using a standard normal distribution table:Z-score for upper limitZ = 47.8 / 10Z = 4.78

From the Z-table, the area to the right of Z = 4.78 is 0.000002.

A similar calculation for the lower limit yields a probability of 0.999997.

The probability of a woman being able to use the ejection seat is therefore the difference between these two probabilities:

0.999997 - 0.000002 = 0.999995 or approximately 1.000 - 0.000005 = 0.999995.

Therefore, if women's weights are normally distributed with a mean of 162.2 lb and a standard deviation of σ, the probability of a woman being able to use the ejection seat designed for men weighing between 146.9 lb and 210 lb is approximately 0.999995.

Know more about probability here,

https://brainly.com/question/31828911

#SPJ11

Show that, when SI units for µ0 and ε0 are entered, the units given by the right-hand side of the equation in the problem above are m/s.

Answers

The unit m/s represents the speed of light. Therefore, the units of the right-hand side of the equation prove that the speed of light is represented in the equation.

The equation mentioned in the question is as follows; The SI units of magnetic permeability and permittivity of free space are Henry/meter and farad/meter respectively. In order to prove that the units given by the right-hand side of the equation are m/s, we need to perform the following steps: Substitute the values of magnetic permeability and permittivity of free space in the equation. Let's substitute µ0 and ε0 values in the above equation, we get; In order to perform this step, we need to know the units of each component in the equation. A unit of force is Newton, and a unit of charge is Coulomb. A magnetic field has the unit Tesla. Let's find out the units of the right-hand side component of the above equation. We can now rearrange the equation to make it simpler.!)

The unit m/s represents the speed of light. Therefore, the units of the right-hand side of the equation prove that the speed of light is represented in the equation.

To know more about equation visit:-

https://brainly.com/question/29657983

#SPJ11

ect 0/2 pts Question 12 In a recent health survey, 333 adult respondents reported a history of diabetes out of 3573 respondents. What is the critical value for a 90% confidence interval of the proport

Answers

The critical value for the 90% of confidence interval with given number of success and sample size is equal to 1.645.

To determine the critical value for a 90% confidence interval of a proportion,

Use the standard normal distribution (Z-distribution).

The critical value corresponds to the desired confidence level and is used to calculate the margin of error.

Here, the proportion of respondents reporting a history of diabetes is 333 out of 3573.

Calculate the sample proportion,

Sample Proportion (p)

= Number of successes / Total sample size

= 333 / 3573

≈ 0.0932

To calculate the critical value, the z-score that corresponds to a 90% confidence level.

For a one-tailed test with a 90% confidence level,

The critical value is obtained by subtracting the desired confidence level from 1, then dividing by 2,

Critical Value = (1 - Confidence Level) / 2

⇒Critical Value = (1 - 0.90) / 2

                          = 0.05 / 2

                          = 0.025

To find the z-score corresponding to a cumulative probability of 0.025 in the standard normal distribution,

Use a standard normal distribution calculator.

The critical value for a 90% confidence level is approximately 1.645.

Therefore, the critical value for a 90% confidence interval of the proportion is 1.645.

Learn more about critical value here

brainly.com/question/24260914

#SPJ4

Consider the following problem: A genetic experiment with peas resulted in one sample of offspring that consisted of 419 green peas and 154 yellow peas. Construct a 95% confidence interval to estimate the percentage of yellow peas. What is the appropriate symbol to use for the answer? <

Answers

The 95% confidence interval is approximately (0.2238, 0.3136).

To estimate the percentage of yellow peas in the population based on the given sample, we can construct a confidence interval using the sample proportion.

The appropriate symbol to use for the answer is [tex]\hat{p}[/tex] which represents the sample proportion.

In this case, the sample size (n) is the total number of peas in the sample:

n = 419 (green peas) + 154 (yellow peas) = 573

The sample proportion of yellow peas ([tex]\hat{p}[/tex]) is calculated by dividing the number of yellow peas by the total sample size:

[tex]\hat{p}[/tex] = Number of yellow peas / Total sample size = 154 / 573 ≈ 0.2687

To construct the 95% confidence interval, we can use the formula:

Confidence interval = [tex]\hat{p}[/tex] ± z * √[([tex]\hat{p}[/tex] * (1 - [tex]\hat{p}[/tex])) / n]

Where:

- [tex]\hat{p}[/tex] is the sample proportion

- z is the z-score corresponding to the desired confidence level (in this case, for a 95% confidence level, the z-score is approximately 1.96)

- n is the sample size

Substituting the values into the formula:

Confidence interval = 0.2687 ± 1.96 * √[(0.2687 * (1 - 0.2687)) / 573]

Calculating the confidence interval:

Confidence interval = 0.2687 ± 1.96 * √[0.1946 / 573]

Confidence interval ≈ 0.2687 ± 1.96 * 0.0233

The 95% confidence interval is approximately (0.2238, 0.3136).

Therefore, the appropriate symbol to use for the answer is [tex]\hat{p}[/tex], representing the sample proportion of yellow peas, and the 95% confidence interval for the percentage of yellow peas is approximately (22.38%, 31.36%).

Learn more about confidence interval here

https://brainly.com/question/15395683

#SPJ4

Evaluate the integral, where E is the solid in the first octant that lies beneath the paraboloid z = 4 - x2 - y2. Use cylindrical coordinates
5(x^3+xy^2)dV

Answers

The integral that has to be evaluated is[tex]∫∫∫E5(x3+y2x) dV[/tex]where E is the solid in the first octant that lies beneath the paraboloid z = 4 - x2 - y2 and we use cylindrical coordinates. Solution: Here, the limits in cylindrical coordinates are found from the equation of the paraboloid and are as follows.

[tex]0 ≤ r ≤ 2 sin θ0 ≤ θ ≤ π2 - r2 ≤ z ≤ 4 - r2[/tex]We need to find the integral[tex]∫∫∫E5(x3+y2x) dV= ∫0π∫02sinθ∫2-r2^04-r25(r3cos3θsin^2θ+r5cosθsin^2θ)dzdrdθ= ∫0π∫02sinθ[(2-r^2)^5cos^3θsin^2θ+(2-r^2)^3cosθsin^2θ]drdθ[/tex]Using the substitution z = 2 - r2 and dz/dr = -2r, the integral becomes[tex]∫0π∫02sinθ5 cos^3θ sin^2θ(z^5/2 - z^3/2)dzdθ= ∫0π∫02sinθ5 cos^3θ sin^2θ( 8/3 - 2/3)drdθ= ∫0π∫02sinθ10 cos^3θ sin^2θdrdθ= ∫0π sin^2θ cos^4θdθ= ∫0π (1 - cos^2θ) cos^4θdθ= ∫0π (cos^4θ - cos^6θ) dθ= (32/105[/tex])So, the value of the integral is [tex]32/105.[/tex]

To know more about evaluated visit:

brainly.com/question/14677373

#SPJ11

When engaging in weight control (fitness/fat burning) types of exercise, a person is expected to attain a minimum sustained heart rate. We determine what this heart rate is for a sample of 100 20-year-olds. What statistical technique is necessary to compare this sample of 20-year-olds to the national population of 20-year-olds?

Answers

When engaging in weight control (fitness/fat burning) types of exercise, a person is expected to attain a minimum sustained heart rate. The minimum sustained heart rate varies for different ages, gender, and health conditions.

.The appropriate hypothesis test to use depends on the research question and the level of measurement of the variables of interest. In this case, we want to compare the mean heart rate of our sample to the population mean of 20-year-olds.

We can use the t-test to compare the mean heart rate of our sample to the population mean of 20-year-olds. The t-test compares the sample mean to the population mean and provides a p-value. If the p-value is less than the significance level (α), we reject the null hypothesis and conclude that there is a significant difference between the mean heart rate of the sample and the population mean. If the p-value is greater than α, we fail to reject the null hypothesis and conclude that there is no significant difference between the mean heart rate of the sample and the population mean.

To know more about engaging visit:

brainly.com/question/8081362

#SPJ11

find all exact solutions on [0, 2). (enter your answers as a comma-separated list.) tan(x) − 2 sin(x) tan(x) = 0

Answers

This occurs when x = π/6 or x = 5π/6, since these are the angles in [0, 2) whose sine is 1/2.So the exact solutions on [0, 2) are: x = 0, π/6, 5π/6.

To find all exact solutions on [0, 2) of the equation tan(x) − 2 sin(x) tan(x) = 0, we can factor out tan(x) from both terms on the left side, then use the fact that tan(x) = sin(x) / cos(x).Here's the

So we solve the equations: tan(x) = 0 ==> x = kπ for integer k, since tan(x) is zero at integer multiples of π. Since the interval [0, 2) includes zero, we have one solution in this interval: x = 0.The other factor 1 - 2sin(x) = 0 if sin(x) = 1/2, since 1/2 is the only value of sin that makes this equation true.

This occurs when x = π/6 or x = 5π/6, since these are the angles in [0, 2) whose sine is 1/2.So the exact solutions on [0, 2) are: x = 0, π/6, 5π/6.

To know more about Angles  visit :

https://brainly.com/question/31818999

#SPJ11

Spurious regression occurs A. an unexpected shift in time-series data. B. a number of outliers in cross-section data. C. a general upward trend over time in time-series data. D. an independent variable is correlated with the dependent variable but there is no theoretical justification for the relationship.

Answers

Spurious regression occurs when (D) an independent variable is correlated with the dependent variable, but there is no theoretical justification for the relationship.

This term usually arises in time-series data analysis and is sometimes referred to as "spurious correlation."Spurious regression is one of the statistical phenomena that can lead to false conclusions.

The phenomenon is characterized by high R-squared and significant t-stats in regression results while independent variables aren't theoretically consistent with the dependent variable. It happens when the chosen variables are non-stationary and have a trend. In the long run, they can move in the same direction as a result of a non-stationary trend, which creates a false relationship between the independent and dependent variables. A variable is referred to as non-stationary if it does not fluctuate around a constant mean over time.

Spurious regression frequently occurs when dealing with macroeconomic data since most macroeconomic variables are non-stationary. As a result, it is important to consider a time-series framework with such data to avoid spurious regression.

To conclude, spurious regression can be avoided by conducting the test for stationarity before conducting regression analysis.

To know more about variable visit:

https://brainly.com/question/29583350

#SPJ11

the terminal point p(x, y) determined by a real number t is given. find sin(t), cos(t), and tan(t). − 4 5 , − 3 5

Answers

Therefore, for the given terminal point P(-4/5, -3/5), we have: sin(t) = -3/5, cos(t) = -4/5, tan(t) = 3/4.

To find sin(t), cos(t), and tan(t) for the given terminal point P(x, y) = (-4/5, -3/5), we can use the relationships between the trigonometric functions and the coordinates of points on the unit circle.

Let's denote t as the angle formed by the terminal point P and the positive x-axis.

sin(t) is the y-coordinate of the point P, so sin(t) = y = -3/5.

cos(t) is the x-coordinate of the point P, so cos(t) = x = -4/5.

tan(t) is defined as sin(t) / cos(t), so tan(t) = (-3/5) / (-4/5) = 3/4.

To know more about terminal point,

https://brainly.com/question/31476653

#SPJ11

You want to estimate the mean weight of quarters in circulation. A sample of 40 quarters has a mean weight of 5.627 grams and a standard deviation of 0.064 gram Use a single value to estimate the mean

Answers

In this case, the sample mean weight of 5.627 grams can be used as a single value estimate for the population mean weight of quarters.

When we have a sample of data, we can use the sample mean as an estimate of the population mean. In this case, the sample mean weight of 5.627 grams is the average weight of the 40 quarters in the sample. By assuming that the sample is representative of the entire population of quarters in circulation, we can use the sample mean as an estimate for the population mean weight of quarters.

This estimation is based on the principle of the central limit theorem, which states that as the sample size increases, the sampling distribution of the sample mean approaches a normal distribution, regardless of the shape of the population distribution. Therefore, the sample mean is considered an unbiased estimate of the population mean.

To know more about sample mean weight,

https://brainly.com/question/32495913

#SPJ11

the relative humidity y, when measured at a location, has a probability density function given by: fy(y)=ky3(1-y)2, 0≤y≤1 0, elsewhere determine the mean of y, e(y)

Answers

The mean of y, E(y) = 5. Answer: \boxed{5}.

The mean of y, E(y)We know that the mean of y, E(y) is given by:

E(y)=\int_{-\infty}^{\infty} y f(y)dy

Here, the pdf is given by:f(y) = ky³(1-y)², 0 ≤ y ≤ 1, 0, elsewhere

We know that for a pdf, it must be integrated from negative infinity to positive infinity and equated to 1. That is:

\int_{-\infty}^{\infty} f(y)dy = 1

\int_{0}^{1} ky³(1-y)²dy = 1

Hence, \frac{k}{60} = 1

k = 60

So, f(y) can be written as:f(y) = 60y³(1-y)², 0 ≤ y ≤ 1

The mean of y, E(y) is given by:

E(y)=\int_{-\infty}^{\infty} y f(y)dy

E(y)=\int_{0}^{1} y (60y³(1-y)²) dy

E(y)=60 \int_{0}^{1} y^4(1-y)² dy

Using integration by substitution, let u = 1-y

Therefore, du/dy = -1

The limits of integration will change.

When y = 0, u = 1When y = 1, u = 0

E(y)=60 \int_{0}^{1} (1-u)u² du

E(y)=60 \int_{0}^{1} u² - u³ du

E(y)=60 \bigg[\frac{u³}{3} - \frac{u⁴}{4}\bigg]_{0}^{1}

E(y)=60 \bigg[\frac{1}{3} - \frac{1}{4}\bigg]

E(y)=60 \bigg[\frac{1}{12}\bigg]

E(y)=5

Therefore, the mean of y, E(y) = 5. Answer: \boxed{5}.

Know more about mean here:

https://brainly.com/question/1136789

#SPJ11

Other Questions
Theimportance of reducing the absenteeism and the turnover cost in theorganization of employers Association forum(EAF) Pharmacy Prescription Process Consider the following process at a pharmacy overseas: Customers drop off their prescriptions either in the drive-through counter or in the front counter of the pharmacy. When dropping their prescription, a technician asks the customer for a pick-up time and puts the prescription in a box labelled with the hour of the pick-up time. Every hour, one of the pharmacy technicians picks up the prescriptions due to be filled in the current hour. The technician then enters the details of each prescription (e.g. doctor's details, patient details and medication details) into the pharmacy system. As soon as the details of the prescriptions are entered, the pharmacy then performs an automated check called Drug Utilization Review (DUR). This check is meant to determine if the prescription contains any drugs that may be incompatible with other drugs that had been dispensed to the same customer in the past, or drugs that may be inappropriate to the customer. Any alarms raised during the automated DUR are reviewed by a pharmacist who performs a more thorough check. In some cases, the pharmacist even has to call the doctor who issued the prescription in order to confirm it. After the DUR, the system performs an insurance check in order to determine whether the customer's insurance policy will pay for part or for the whole cost of the drugs. In most cases, the output of this check is that the insurance company would pay for a certain percentage of the costs, while the customer has to pay for the remaining part (also called the co-payment). Once the prescription passes the insurance check, it is assigned to a technician who collects the drugs from the shelves and puts them in a bag with the prescription stapled to it. After the technician has filled a given prescription, the bag is passed to the pharmacist who double-checks that the prescription has been filled correctly. After this quality check, the pharmacist seals the bag and puts it in the pick-up area. When a customer arrives to pick up a prescription, a technician retrieves the prescription and asks the customer for payment in case the drugs in the prescription are not (fully) covered by the customer's insurance Adapted Draw an as-is diagram for the above process? The optimistic, most likely, and pessimistic times (in days) for completion of activities for a certain project are as follows: Head Number of days Activity Preceding Activity Tail Event Event tm 'P A None 1 2 B None 1 3 C 2 D 2 2 B, C 3 D E, F, G 5 6 5 Draw the PERT network for the project. D Prepare the activity schedule (ES, EF, LS, LF, Float, Variance and Standard Deviation) for the project and the duration of the project. Determine the critical path. Find the time to complete all critical activities will be completed in a probability of 80%. m= most likely time estimate, mode. a = optimistic time estimate, b = pessimistic time estimate, and Expected Value (TE) = (a + 4m+b)/6 Variance (V) = ((b-a)/6) Std Deviation (6) SQRT (V) Z= (D-S)/ sqrt (V) EFGH AAA 3 4 5 5 5 208 10 10 7 9 3 4 12 9 15 7.5 9 3.5 22289 12 26 10 20 11 35 75 List the X values that are included in each italicized event. (a) You can miss at most 7 quizzes out of 15 quizzes (X=number of missed quizzes). O 0, 1, 2, 3, 4, 5, 6, or 7 ad O2, 3, 4, 5, 6, or 7 O 0 According the Marvel case we discussed in class, which of the following Blue Ocean's "Ralse" and "Create" strategies was not used by Marvel for strategic turnaround? O Create their own universe O Adopt unique financing scheme O Develop creative culture O Alliance with Hollywood studio companies O Establish creative committee What are the different work areas where the diversity policyis applicable? Prepare a list of any five A box of similar products is produced by three factories, 50% of which are produced by the first factory and 25% by each of the remaining two. It is also known that 2%, 4% and 5% of the products produced by the first, second and third factories are defective respectively, and any one product is taken from the box. Please finish the following problems. (1) The probability that the product taken is defective. (2) If the product taken is known to be defective, the probability that it was produced in the first factory. Cori's Corporation has an equity value of $13,655. Long-term debt is $9,100. Net working capital, other than cash, is $3,720. Fixed assets are $18,280 and current liabilities are $1,990. a. How much cash does the company have? (Do not round intermediate calculations.) b. What is the value of the current assets? (Do not round intermediate calculations.) a. Cash b. Current assets how can light beused like a fingerprint to identify elements Please select all of the necessary components for sequencing DNA. Assume you have already purified the DNA that you wish to sequence-DNA polymerase-Gel electrophoresis-dNTP deoxynucleotide triphosphates-primers-fragment of dna to be sequenced Blossom Company has a stock portfolio valued at $8,300. Its cost was $6,200. If the Fair Value Adjustment account has a debit balance of $520, prepare the journal entry at year-end. the prices that firms set are a function of the costs they incur, and these costs, in turn, depend on (check all that apply.) write an equation perpendicular to y=-1/5x 9 that passes through the point (-2 -2) Suppose you own a car assembly line in Zambia. The different parts of the car are imported from the South Africa and the assembled cars are exported back to the South Africa. a. What happens to the price of the imports when the Zambian Kwacha depreciates? b. Does your car become more or less attractive for South African consumers when the Zambian Kwacha depreciates? Explain. c. As a Zambian producer, do you think the depreciation of the kwacha is a good thing? 60 90-r 90-i If Zi 45, calculate Zr for the prism-material with refractive index 1.6. 26 O 9 O 30 O 17 201 In the video, McDonald's Introduction of all-day breakfast was said to be an "adjust" strategy as well as a turn around" strategy. How is this strategic action a "turn around strategy? Multiple Choice a. Offering all day breakfast was expected to improve McDonald's marginat revenue. b. Offering all-day breakfast was expected to stom McDonald's revenue decine c. Offering all-day breakfast was expected to see more coffee d. Offering all day breakfast was expected to increase sales in the Zomto Itam range e. Offering all day breakfast was expected to reduce costs by eliminating menu complexity In our lecture, we reviewed Hellmann's' focus on Quality and their efforts in exceeding Customers' expectations, following a prior Warehousing, Distribution, and Logistics Service Provider's poor performance. Do you agree with Hellmann's solutions and what are your thoughts in regards to the following Quality themes?Customer needs & wants: Whats the difference?Design a product or service that meets or exceeds customer wantsDesign processes that facilitate doing the job right the first timeKeep track of results: Monitor (real-time, reporting, business reviews)Extend these concepts throughout the supply chain: Where else could Hellmann help these customers?Top management must be involved and committed: How important is this? . It is to be between 900 and 1100 words, plus title page and bibliography or references. this is a research paper for business law.(2) - CASE STUDYThe Windmill Motel in Hope, BC is for sale and your client is thinking about purchasing it. The business consists of 38 motel units which were built in 1938, a restaurant, service station and vehicle repair shop. The Motel is identified by a large windmill lit by a neon sign and sits adjacent to the entrance to the motel, partly on municipal property. The business has been in the sellers family since it was built.Employees of the Motel include 4 chamber maids, a daytime cook as well as an evening/weekend cook, and two part-time waitresses who work shifts. All employees except the 2 part-time waitresses belong to the Hotel workers Union. The front desk and bookkeeping are handled by the owner. The owner wishes to sell the Motel as he is now 85 years old and wishes to retire. The business is being sold as is, and includes all of the assets of the Motel business. These include the building of the service station, a tow truck, a hoist and various automotive tools. The restaurants assets include food and food products, dishes, cutlery, tables and chairs, a coffee maker, a stove, large refrigerator and freezer, and kitchen utensils. The Motel itself consists of beds, bedding, washer and dryer, towels and miscellaneous cleaning equipment and materials. The neon sign on the windmill is rented from Neon Products under a rental agreement.REQUIRED: You are asked to identify risks that buying and owning this business will entail, and to identify the legislation and bylaws (federal, provincial and municipal) which will impact the business and its assets, as well as the purpose of such legislation. Consider a simultaneous-choice game in which the principal can choose to delegate (D) or centralise (C) and a worker can opt for either low (L) or high (H) effort. The payoffs are (1, 2) if the choices are (D, L) to the principal and the agent, respectively. The payoffs are (3, 4) if the choices are (C, H). If either (C, L) or (D, H) are chosen, the payoffs are O to both players. If in the mixed strategy equilibrium, the principal plays D with probabilty a and the worker plays L with probability b, what is outcome in the mixed strategy equilibrium? O a = 3/4; b = 2/3 O None of the other answers are correct. O a 2/3; b = 3/4 O a 1/3; b = 1/2 O a = 1/2; b = 1/3 A weak Australian dollar will 2 a. force Australian exporters to raise their foreign currency prices b. enable Australian importers to reduce their dollar costs c. enable Australian exporters to improve their profit margins d. cost Australian exporters market share abroad e. not affect domestic only producers and sellers