if the quanity demanded of soda decreases by 5 percent when the price of soda rises by 100 percent what is the price elasticity of demand for soda

Answers

Answer 1
Answer: Price elasticity of demand is calculated as the ratio of change in demand to the ratio of change in price. So if the demand changes -5% when the price changes 100%, the PED = -5% / 100% = -0.05. Most good have a PED < 0, since demand typically decreases when the price is increased.

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Use the graphs shown in the figure below. All have the form f(x) = abx Which graph has the smallest value for b? A B C D E F
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Instead of having a cake, Ruben wants to make ice cream sundaes at his next birthday party.He thinks each person will eat 2 cups of ice cream, and there will be 24 people at his party.How many 1-gallon tubs of ice cream should he buy?tubs

F(x) =x2 + x + 1
6(x-4)
SERE
g(x) = x2+x+1
8(x-4)
Which statement comparing the oblique asymptotes of the functions f(x) and g(x) is true?
The oblique asymptote for g(x) is steeper than for f(x).
Both functions have the same oblique asymptote.
The oblique asymptote for f(x) is steeper than for g(x).
Both functions have parallel oblique asymptotes.

Answers

Answer:

The oblique asymptote fo f(x) is steeper than for g(x).

Step-by-step explanation:

Just took the test and got it right

Answer:

The answer is c

Step-by-step explanation:

A trainee examined a set of experimental data to find comparisons that "look promising" and calculated a family of Bonferroni confidence intervals for these comparisons with a 90 percent family confidence coefficient. Upon being informed that the Bonferroni procedure is not applicable in this case because the comparisons had been suggested by the data, the trainee stated:"This makes no difference. I would use the same formulas for the point estimates and the estimated standard errors even if the comparisons were not suggested by the data." Please disscuss.

Answers

Answer:

Answer for the question:

A trainee examined a set of experimental data to find comparisons that "look promising" and calculated a family of Bonferroni confidence intervals for these comparisons with a 90 percent family confidence coefficient. Upon being informed that the Bonferroni procedure is not applicable in this case because the comparisons had been suggested by the data, the trainee stated:"This makes no difference. I would use the same formulas for the point estimates and the estimated standard errors even if the comparisons were not suggested by the data."

Please disscuss.

Is explained in the attachment.

Step-by-step explanation:

Final answer:

The trainee's assertion is flawed as the Bonferroni method's assumption of independence doesn't hold when comparisons are derived from the data. For a smaller error bound at the same confidence level, sample size should be increased before the study. Moreover, reliance on null hypothesis significance testing can be problematic, and alternative evidence estimation methods may be more informative.

Explanation:

The trainee's use of Bonferroni confidence intervals with a 90 percent family confidence coefficient assumes independent comparisons. However, when comparisons are suggested by the data, the assumption of independence is violated, rendering the Bonferroni method inappropriate. The trainee errs by stating that using the same formulas for point estimates and estimated standard errors would not differ in the other scenario. When comparisons are data-derived, adjustments such as using resampling methods or adjusting for multiple testing should be considered to account for the increased risk of Type I error.

Regarding the desire for a smaller error bound while keeping the same level of confidence, one should increase the sample size of the study before it is conducted. This would enable a more precise estimate with a narrower confidence interval without altering the confidence level.

To avoid the limitations of null hypothesis significance testing (NHST), alternative approaches such as estimation of evidence strength through model comparison criteria like AIC or BIC, or using Bayesian methods, might be employed. These do not rely on arbitrary significance thresholds and often provide a more informative assessment of model's evidential support.

Learn more about Statistical Significance here:

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A bag of candy contains 300 pieces of which 28% are red. How many are not red?

Answers

216
...................................
216 is your answer
hope this helps :)

there are 8 tennis balls in a bag.five of the balls are yellow and the other 3 are green, what's the probability of pulling out a green ball without looking? write your answer as a decimal

Answers

The probability of pulling out a green ball without looking is 3/8 or 0.375 as a decimal of the given problem there are 8 tennis balls in a bag.five of the balls are yellow and the other 3 are green

To find the probability of pulling out a green ball without looking, we need to determine the ratio of green balls to the total number of balls in the bag.

Given that there are 8 tennis balls in total, with 3 of them being green, the probability can be calculated as:

Probability = Number of green balls / Total number of balls

Probability = 3 green balls / 8 total balls

Simplifying this fraction, we have:

Probability = 3/8

Therefore, the probability of pulling out a green ball without looking is 3/8 or 0.375 as a decimal.

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I think
3/8 = 0.375
3 divide by 8 = 0.375

Graph f(x)=−1.5x+6.Use the line tool and select two points to graph the line.


MoveLine
UndoRedoReset

Answers

here (I need 20 characters in order to send this so don't mind this text)

Answer:

oki so the picture is down below and this is for K12 just a heads up and the points are (0,6) and (0,4)

Step-by-step explanation:

What is the solution of the following quadratic inequality? x2 – 4x – 21 ≤ 0

Answers

Answer:

3, and -7

Step-by-step explanation:

First factor the trinomial

y=x2−4x−21

.

Find 2 numbers knowing sum (-4) and product (c = - 21). They are the numbers in the factor pair (3, -7).

y = (x + 3)(x - 7)

Solving the 2 binomials, we get:

x = -3 and x = 7

We want to solve the given quadratic inequality.

The correct option is the second one, counting from the top.

So we need to solve:

x^2 - 4x - 21  ≤ 0

Because we have the graph, we can avoid all the algebra.

Notice that the equation must be equal to or smaller than zero, then we just need to find the values of x such that the graph intersects the x-axis or is below it.

By looking at the given graph, we can see that the given range goes from -3 to 7

Then the solution is:

-3 ≤ x ≤ 7

This would be represented with a number line going from -8 to 8, two closed circles (because we use the symbols ≤ ≥) at negative 3 and 7, and the region between the circles is shaded.

The correct option is the second one.

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