This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Define the following terms: a) risky outcome. b) probability. What will be an ideal ... (Read 52 times)

luminitza

  • Hero Member
  • *****
  • Posts: 555
on: Jun 29, 2018
Define the following terms: a) risky outcome. b) probability.
 
  What will be an ideal response?

Question 2

The figure above shows the market for airline tickets. In early 2008 firms negotiated lower wages with their workers. This change is shown in the figure as a shift from
 
  A) D0 to D1.
  B) D1 to D0.
  C) S0 to S1.
  D) S1 to S0.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

frogdreck123456

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 29, 2018
Answer to Question 1

a) An outcome is risky if it is not known with certainty in advance.
b) Probability is the frequency with which an outcome occurs.

Answer to Question 2

C


luminitza

  • Member
  • Posts: 555
Reply 2 on: Jun 29, 2018
Wow, this really help

connor417

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Anterior and lateral views of the body illustrating directional terms. Anterior and lateral views of the body illustrating directional terms.
Summary of Common Probability Distributions Summary of Common Probability Distributions
How to evaluate algebraic expressions with given terms How to evaluate algebraic expressions with given terms
Which outcome corresponds to the reaction:H3AsO4 + 3 OH- → 3 H2O + AsO43-? Which outcome corresponds to the reaction:H3AsO4 + 3 OH- → 3 H2O + AsO43-?
The outcome of crosses involving the three types of petite mutations The outcome of crosses involving the three types of petite mutations
Probability math jk Probability math jk
Video: Muscle cell structures - actin, myosin and titin filaments

For a complete list of videos, visit our video library