Use the Principle of Median Location and the diagram below to answer the following questions.Assume ubiquitous inputsPress F11 to exit full screenABFlocation7.21population21Where should a firm locate along this diagram? Explain why any other location wouldnot be optimal.How large would location F have to grow by in order to become the optimal location?

Given information: The diagram representing firms’ locations is given.

Answered: Use the Principle of Median Location…

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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Complete the Table Below:
Match these values of r with the accompanying scatterplots: - 0.385, 0.385, 0.997, - 0.767, and 1. Click the icon to view the scatterplots. Match the values of r to the scatterplots. Scatterplots Scatterplot 1, r = 0.385 Scatterplot 2, r= 0.997 Scatterplot 3, r = -0.767 Scatterplot 4, r = Scatterplot 1 Scatterplot 2 Scatterpl 8- R- 8- - 0.385 6- 6- 6- Scatterplot 5, r= 1 > 4- 4- 4- 2- 2- b- 0- 0- 0.2 0.4 0.6 0.8 1 0.2 0.4 0.6 0.8 1 0.2 0.4 0.6 х х Scatterplot 4 Scatterplot 5 15- 8- 14- 6- 13- 4- 12- 2- 11- 10- 0+ 1 0.2 0.4 0.6 0.8 0.2 0.4 0.6 0.8 х
Name the relationship
4.3) •VA report from Texas Transportation Institute (Texas A&M University System 2005) on Congestion Re- duction Strategies looked into the extra travel time (due to traffic congestion) for commute travel per traveler per year in hours for different urban areas. Below are the data for urban areas that had a population of over 3 million for the year 2002. Extra Hours per Traveler per Year Urban Area Los Angeles San Francisco 98 75 Washington DC Atlanta 66 64 Houston 65 Dallas, Fort Worth Chicago Detroit 61 55 54 Miami 48 Boston 53 New York 50 Phoenix 49 Philadelphia 40 4. Compute the mean and median values for extra travel hours. Based on the values of the mean and median, is the distribution of extra travel hours likely to be approximately symmetric, positively skewed, or negatively skewed?
Match these values of r with the accompanying scatterplots: 0.402, 0.736, -0.736, -1, and 1. Click the icon to view the scatterplots. Match the values of r to the scatterplots. Scatterplot 1, r= Scatterplot 2, r= Scatterplot 3, r= Scatterplot 4, r = Scatterplot 5, r = V ▼ Scatterplots 15- 14- 13- 12- 11- 10+ 0 8- 6- 4. 2- 0- 0 4 Scatterplot 1 . • 0.2 0.4 0.6 0.8 1 x Scatterplot 4 0.2 0.4 0.6 0.8 x • 1 Q Q Q ✔ 8 6- > 4- 2 ▬▬▬▬▬▬▬▬▬▬o 0- 0 0.2 0.4 0.6 0.8 -14 Scatterplot 2 0 • X Scatterplot 5 1 0.2 0.4 0.6 0.8 1 C Q Q ✔ Q Q > 8- 6- 4- 2 0- 0 0 · Scatterp T 0.2 0.4 0.6 X ▶ X
Sara creates a box plot using 23,26,44,19,31,39, and 43 . Which one shows the data?
A sports columnist wishes to portray baseball players as overpaid. Which measure of center should he report as the representative salary of major league players. the mean the median either mean or the median since they will be equal neither the mean nor the median, since both will be much lower than the actual average salary
Match these values of r with the accompanying scatterplots: 0.465, - 0.465, - 0.797, 1, and 0.797. Click the icon to view the scatterplots. Match the values of r to the scatterplots. Scatterplot 1, r= Scatterplots Scatterplot 2, r= Scatterplot 3, r= Scatterplot 4, r Scatterplot 1 Scatterplot 2 Scat Scatterplot 5, r= 8- 15- 14- 6- 6- 13- >4. 12 2- 2- 11- O 02 04 o's o8 i 04 6 02 04 os o'8 10 0.2 o4 Satterplot 4 Scatterplot 5 8- 6- >4. 2- 6 02 o4 o's o's 04 o o2 04 o's o's Print Done of of

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Use the Principle of Median Location and the diagram below to answer the following questions. Assume ubiquitous inputs. Press F11 to exit full screen