Referring to the graph below (Figure 1) showing a consumer's budget line (labeled B) for twogoods, X and Y, and three different indifference curves (IC1-IC3).IC1IC2IC3Figure 1Using the labels for the points on the map (a, b, c, d, e), which of the following statements istrue?O a.Point e is preferred to Point cO b. Point b is preferred to point aO C. The consumer is indifferent between points d and eO d. IC1 represents the lowest level of utility compared to IC2 and IC3 IC1IC2IC3Figure 1

Answered: Image /qna-images/answer/2d5b636d-cad4-49d7-af0d-f762c80df5ec.jpg

Answered: Referring to the graph below (Figure 1)…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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2) Below is an unidentified table of values: x 78 85 92 100 85 89 93 99 100 84 y 1. What is the key issue if these data are test grades of subjects before and after formal instruction? ("Is the instruction effective, as indicated by higher y scores?" See Section 9-4.) 2. What is the key issue if these data are reasoning tests for a sample of men (x) and a separate sample of women (y)? ("Does the population of men have the same mean as the population of women?" See Section 9-3.) What is the key issue if each pair represents a math reasoning score x and a starting salary y in thousands of dollars? ("Is the starting salary associated with math reasoning?" See this chapter.) 3.
For the following line graph, State at least one type of conclusion that could be made from the data provided for the KPI. Suggest one other data source that would provide more information to make data-driven decisions. Explain what information that source would supply. I used the line graph btw. Examples: 1)The KPI webpage for South Texas College provides information on the proportion of graduates who find employment. According to the data, over the past five years, the proportion of graduates who find work has risen annually. Data on the percentage of students who are employed in their field of study after graduation, the percentage of students who are employed full-time after graduation, and the percentage of students who are satisfied with their job after graduation would also be useful in making decisions about post-graduation success. This information would shed light on the factors that are causing the rise in the proportion of graduates who find employment. 2)The…
The book The Wall Street Journal. Guide to Information Graphics by Dona M. Wong gives strategies for using graphs and charts to display information effectively. One popular graph discussed is the donut pie chart. The donut pie chart is simply a pie chart with the center removed. A recent Harris Poll asked adults about their opinions regarding whether books should be banned from libraries because of social, language, violent, sexual, or religious content. The responses by education level to the question "Do you think that there are any books which should be banned completely?" are shown in the following donut pie charts. (a) What feature of Keith's graph makes it difficult to visually compare the responses of those with some college to those shown in the other graphs? (Select all that apply.) a)The graphs made by Keith and Ramon compare groups across education level. b)The graphs made by Keith and Ramon are all donut pie charts. c)The graphs do not have data labels showing the…
3
1.The Prevalence of having health insurance (as a decimal) for 1 (Table 4 box b. above) is: 2. The Prevalence of having health insurance (as a decimal) for 2 (Table 4 box e. above) is: 3.The Prevalence of having health insurance (as a percentage) for 1 (Table 4 box c. above) is: 4.The Prevalence of having health insurance (as a Percentage) for 2 (Table 4 box f. above) is:
ch 15 end. 3: A wholesaler has recently developed a computerized sales invoicing system. Prior to implementing this system, a manual system was used. The distribution of the number of errors per invoice for the manual system is as follows:
Draw the indifference curve diagrams for the utility functions listed below. Plot x on the horizontal axis and y on the vertical axis. In each diagram, draw at least two indifference curves and show in which direction utility is increasing. a. U = x/y = min{2x, 3y} U = 2x + 4y %3| b. U С. d. U = Vx + Jy
2. Two modeling scouts are on the bus rating the attractiveness of their fellow passengers on a scale of one to five. When they were finished, they noticed that one of them had five scores with the maximum possible error, while the other had five scores with the minimum possible error. For both you and your friend give: a.) each of the five answers that were given; b.) calculate the appropriate measure of central tendency, and c.) calculate the appropriate measure of dispersion. Central Dispersion Anna Bill Carl Delia Ellen Tendency Max. Error Min. Error
37-If we substitute the corners of closed polygon values in objective function, the value of Z at points R,0,U,W are 12,0,17,19,16 respectively. The variables at these points are (2.5,0), (0,0), (1.5,2.5), ( 3.2, 2.1), and (2.1, 1.2) respectively. Based on the given data, which one of the product mix the company can choose? O a. 3.2 units of product X and 2.1 units of product Y O b. 2.5 units of product X and 0 units of product Y O c. 1.5 units of product X and 2.5 units of product Y O d. 2.1 units of product X and 1.2 units of product Y
A good truck did a daily a survey of customers to find their food preferences. The data is partially entered in the frequency table complete the table to analyze the data and answer the questions: part a: what percentage of the survey respondents do not like both of hamburgers and burritos? Part b: what is the marginal relative frequency of all customers that like hamburgers? Part c: use the conditional relative frequency to determine what state of Point has strongest Association of its two factors. Use complete sentences to explain your answer.
.. Represent the following data or details of cost of two commodities by therectangular diagram. Details Соmmodity A Сommodity B Price per unit Rs. 5 Rs. 4 Quantity sold Values of raw materials 40 units 30 units Rs. 52 Rs. 50 Other expenses of population Rs. 64 Rs. 60 Profits Rs. 44 Rs. 40 11 1-I
1) The following data are based on information from Domestic Affairs. Let x be the average number of employees in a group health insurance plan, and let y be the average administrative cost as a percentage of claims. X 40 20 JD 3 40 - 7 35 J 15 Y a) Make a scatter diagram and draw the line you think that best fits the data Alm boet 30 35 25 75 16 10 20 30 40 50 60 70 80 LTI 9 9 7 & b) Would you say the correlation is low, moderate, or strong? The correlation is positive or negative? Ave. Employees

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