ENGINEERING ECONOMIC ENHANCED EBOOK
14th Edition
ISBN: 9780190931940
Author: NEWNAN
Publisher: OXF
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Chapter 10, Problem 14P
To determine
To construct: Probability distribution for annual profit.
Introduction: Probability distribution is a statistical function, which describes all the possible value of the variables. It provide the probability of occurrence of any event
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DEPENDENT VARIABLE
Qc
R- SQUARE
P- VALUE ON F
64
0.8093
0.0001
INDEPENDENTVARIABLE
PARAMETER
ESTIMATE
STANDARD
ERROR
T-RATIO
P-VALUE
INTERCEPT
8.20
4.01
2.04
0.0461
PC
-3.54
1.64
-2.16
0.0357
M
0.64287
0.19
3.38
0.0014
PA
0.7854
0.38
2.07
0.0439
3. What can you say about the relationship between cement and asphalt? Why? Q = f( P, M, PR) where Qc = demand for cement/month (in yards) Pc = the price of cement per yard, M = country’s tax revenues per capita, and PR = the price of asphalt per yard.
4
The fraction of z-scores that fall within z = ±1.60 is ________.
a
0.8904
b
0.8729
c
0.8558
d
0.8390
DEPENDENT VARIABLE
Qc
R- SQUARE
P- VALUE ON F
64
0.8093
0.0001
INDEPENDENTVARIABLE
PARAMETER
ESTIMATE
STANDARD
ERROR
T-RATIO
P-VALUE
INTERCEPT
8.20
4.01
2.04
0.0461
PC
-3.54
1.64
-2.16
0.0357
M
0.64287
0.19
3.38
0.0014
PA
0.7854
0.38
2.07
0.0439
10. Write the resulting regression equation. Q = f( P, M, PR) where Qc = demand for cement/month (in yards) Pc = the price of cement per yard, M = country’s tax revenues per capita, and PR = the price of asphalt per yard.
Chapter 10 Solutions
ENGINEERING ECONOMIC ENHANCED EBOOK
Ch. 10 - Prob. 1QTCCh. 10 - Prob. 2QTCCh. 10 - Prob. 3QTCCh. 10 - Prob. 1PCh. 10 - Prob. 2PCh. 10 - Prob. 3PCh. 10 - Prob. 4PCh. 10 - Prob. 5PCh. 10 - Prob. 6PCh. 10 - Prob. 7P
Ch. 10 - Prob. 8PCh. 10 - Prob. 9PCh. 10 - Prob. 10PCh. 10 - Prob. 11PCh. 10 - Prob. 12PCh. 10 - Prob. 13PCh. 10 - Prob. 14PCh. 10 - Prob. 15PCh. 10 - Prob. 16PCh. 10 - Prob. 17PCh. 10 - Prob. 18PCh. 10 - Prob. 19PCh. 10 - Prob. 20PCh. 10 - Prob. 21PCh. 10 - Prob. 22PCh. 10 - Prob. 23PCh. 10 - Prob. 24PCh. 10 - Prob. 25PCh. 10 - Prob. 26PCh. 10 - Prob. 27PCh. 10 - Prob. 28PCh. 10 - Prob. 29PCh. 10 - Prob. 30PCh. 10 - Prob. 31PCh. 10 - Prob. 32PCh. 10 - Prob. 33PCh. 10 - Prob. 34PCh. 10 - Prob. 35PCh. 10 - Prob. 36PCh. 10 - Prob. 37PCh. 10 - Prob. 38PCh. 10 - Prob. 39PCh. 10 - Prob. 40PCh. 10 - Prob. 41PCh. 10 - Prob. 42PCh. 10 - Prob. 43PCh. 10 - Prob. 44PCh. 10 - Prob. 45PCh. 10 - Prob. 46PCh. 10 - Prob. 47PCh. 10 - Prob. 48PCh. 10 - Prob. 49PCh. 10 - Prob. 50PCh. 10 - Prob. 51PCh. 10 - Prob. 52PCh. 10 - Prob. 53PCh. 10 - Prob. 54PCh. 10 - Prob. 55PCh. 10 - Prob. 56PCh. 10 - Prob. 57PCh. 10 - Prob. 58PCh. 10 - Prob. 59PCh. 10 - Prob. 60PCh. 10 - Prob. 61PCh. 10 - Prob. 62PCh. 10 - Prob. 63PCh. 10 - Prob. 64PCh. 10 - Prob. 65P
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