From the data given below, find Marshall and edge worth's weighted aggregative ideal method:
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Q: O ON- -10W 1 1. -1 4 √₁ LVL 16 - X X 6 = XI
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Q: Find the volume of the solid obtained by rotating about the x-axis and the region bounded between: y…
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Here use Marshall and edge worth's weighted aggregative ideal method
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- The prices of agricultural commodities for 1946-47 and for the inonth of Dece:mber 1950 are given below along with the value of the output of hese commodities in 1946-47: Value of outptl in million (Rs.) Prices ELIII Commodities Unit 1946-47 (Rs.) Dec. 1950 (Rs.) (1946-47) 13.75 9-70 8364 Rice Wheat Jowar maund таund 13-75 9.70 2207 6:03 8.00 876 maund 466 00 433.00 701 Cotton (raw) Tea Ibs. 1:25 1:75 534 Ibs. Calculate the weighted index mumber of prices of these commodities for December 1950 taking 1946-47 as base.Q. From the data given below construct quantity index number in 1984 with 1983 as base year. Use simple aggregative method : Соmmodity : II III IV V VI Quantity in 1983 (kg) 8 Quantity in 1984 (kg) 14 11 13 17 22 24 16 19 21 24 26The table below shows the share of income going to each quintile of the income distribution for Neverland in 1980 and 1990. Complete the table below finding the the cumulative share of income for 1980 and 1990 and answer the following: Share of income in Cumulative share of Share of income in Cumulative share of Quintiles 1980 income in 1980 1990 income in 1990 1st 7% 6.6.% 2nd 11.5% 11.5% 3rd 17% 16.3% 4th 24.8% 22.7% 5th 39.7% 42.9% a) Sketch the Perfect Equality line and the Lorenz curve for 1980 and for 1990. Don't forget to label your graph and your curves! b) According to the Lorenz curves that you draw in (a), which year had worse income inequality, 1980 or 1990? JUSTIFY your answer! NOTE: This is a file upload question. Work your answer in a piece of paper, take a picture and upload your file.
- The boxplots show data for state and local community expenditures on police and fire protection. Police Estimate Q,, Q,, and Q, for police and fire protection spending. Fire Oos 15 2 25 3 35 4 15 2 25 3 3.5 Billions of Dollars ..... Q, for police spending is (Round to one decimal place as needed.) Q2 for police spending is (Round to one decimal place as needed.) Qg for police spending is (Round to one decimal place as needed.) Q, for fire protection spending is (Round to one decimal place as needed.) Q, for fire protection spending is (Round to one decimal place as needed.) Q, for fire protection spending is (Round to one decimal place as needed.)The factors are A = furnace temperature, B = heating time, C = transfer time, D = hold down time, and E = quench oil temperature. The data are shown below: (1) 7.501 7.154 7.68 ad 7.779 8.043 7.806 bd 7.196 7.203 7.654 ab 7.301 7.676 7.333 cd 7.563 7.654 7.611 ac 7.394 7.218 7.481 bc 7.197 7.334 7.522 abcd 7.196 7.57 7.528 e 7.948 7.886 7.813 ade 7.75 7.715 8.019 bde 7.857 7.672 7.157 abe 7.299 7.826 7.338 cde 7.83 7.37 7.585 аce 7.787 7.149 7.26 bce 7.995 7.981 7.852 abcde 7.731 7.73 7.405 a. Write out the alias structure for this design. What is the resolution of this design? b. Analyze the data. What factors are significant? c. Analyze the residuals of the data. Give any comments on your findings.It is your responsibility, as the new head of the automotive section of Nichols Department Store, to ensure that reorder quantities for the various items have been correctly established. You decide to test one item and choose Michelin tires, XW size 185 × 14 BSW. A perpetual inventory system has been used, so you examine this as well as other records and come up with the following data: Cost per tire Holding cost Demand $35 each 20 percent of tire cost per year 1,000 per year $20 per order Ordering cost Standard deviation of daily demand Delivery lead time 3 tires 4 days Because customers generally do not wait for tires but go elsewhere, you decide on a service probability of 98 percent. Assume the demand occurs 365 days per year. a. Determine the order quantity. (Round your answer to the nearest whole number.) Order quantity tires b. Determine the reorder point. (Use Excel's NORMSINV() function to find the z value. Do not round intermediate calculations. Round z value to 2 decimal…
- A plumber has recorded the unit price and quantities sold of three models of the sinks for 2018 and 2019. In 2018 Model A: sold for R 250 with 10 units Model B: sold for R 350 with 20 units Model C: sold for R 450 with 25 units In 2019 Model A: sold for R 200 with 15 units Model B: sold for R 400 with 30 units Model C: sold for R 300 with 20 units Calculate the composite quantity index for 2019 with 2018 as the base period (Give your answer in percentage format (do not include % sign) and Round off your final answer to 1 decimal places) (1) The Lasperyres weighted aggregate (2) The Paasche weighted aggregate methodTej Dhakar's company wants to establish kanbans to feed a newly established work cell. The following data have been provided. Note: This is a level production system. D₂₁ 275units 2.00days 1.00day 50units Daily demand Production lead time Safety stock Kanban size How many kanbans are needed? kanbans (round your response to the nearest whole number).an advertising company plans to market a product to low-income families. a study states that for a particular area, the average income per family is $24,596 and the standard deviaton is $6256. if the company plands to target the bottom 18% of families based on income, find the cutoff income. assume the variable is normally distrubed.
- Use the applet available below to complete parts (a) through (c). (a) How many classes are in the histogram for the Five-Year Rate of Return data when the "Starting point" is 8 and the "Bin width" is 2? (b) How many classes are in the histogram for the Five-Year Rate of Return data when the "Starting point" is 8 and the "Bin width" is 4? (c) How many classes are in the histogram for the Five-Year Rate of Return data when the "Starting point" is 8 and the "Bin width" is 1? Click here to view the applet. (a) There are (Type a whole number.) classes. (b) There are (Type a whole number.) classes. (c) There are (Type a whole number.) classes.The Deinell-Forging-Corporation manufactures four highly confidential products that it supplies to ammunition firms that hold RSA government contracts. Each product must pass through the following departments before being shipped: forging, cleaning, weighing, and inspection. The time requirement in hours for each unit and its corresponding profit value are summarised in the following table: Department Product Forging Cleaning Weighing Inspection |хм122 Unit profit (Rand) 0.6 0.3 0.3 0.5 11000 XJ312 1.5 4 2. 14000 RM122 RM126 1.5 2. 1. 0.5 17000 1. 1.5 13000 Monthly available production in each department and the minimum monthly production requirement to fulfil these contracts are: Сараcity Departme (hours) Product Minimum production level Forging Cleaning Weighing Inspectior 10000 RM126 13000 XM122 130 15000 XJ312 80 24000 RM122 260 320 The production manager needs to specify production levels for each product for the next month. Formulate this problem to help him maximise the total…Construct index number of price from the following data byapplying: Marshall-Edgeworth’s methodand comment on the results. Commodity Price Quantty Price QuanttyA 2 8 4 6B 5 10 6 5C 4 14 5 10D 2 19 2 13