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- An estate agent advertises its houses in two media; Daily Graphic and Ghanaian Times. The agent believes that there is a relationship between the sales S and the amounts spent on the two advertising media. The relationship is given by; where, d is the amount spent in Daily Graphic and g is the amount spent in Ghanaian Times. The estate’s agent fee is 12½% and this includes the cost of adverting. If the agent has planned to spend only 200 thousand Ghana Cedis on advertisement, show how it should be allocated between the two media in order to maximize net profit.How is MC calculated? 300 for the first MC is incorrect.F (Exercise 1.8) If A(3) =$3000 and in 0.01n, find A(5). A(5) = $
- What do we call the probability of a Type I error?Use the following cell phone airport data speeds (Mbps) from a particular network. Find the percentile corresponding to the data speed 0.6 Mbps. 0.4 0.4 0.1 0.6 0.2 0.6 0.7 0.8 1.6 4.8 9.7 1.9 5.4 10.7 0.3 0.6 2.2 5.4 10.9 Percentile of 0.6= (Round to the nearest whole number as needed.) 0.3 0.7 2.5 5.5 11.6 2.6 5.8 12.5 C 2.7 6.2 13.5 0.4 0.9 2.8 6.9 13.8 0.5 1.2 2.8 8.6 14.1 0.5 1.5 A 3.7 8.8 15.5 0.5 1.5 3.9 9.6 28.3The investment multipier is 2 of the country now find the value of MPC.
- Please find the value of a APS when APC is 0.44Calculate the value of APC when the value of APS is given as 0.55A water company owns water pipes that burst often due to poor maintenance. The company can invest GHS m in the maintenance of the pipes. More maintenance means less water loss through bursts and fewer compensation payments to residents due to flooding of their properties. Assume that the value of lost water is 1/m so that more maintenance reduces the amount of loss. Assume that the value of damage to properties where the pipes are routed is 3/m , so that more maintenance decreases the amount of damage to properties. (i.) What is the socially optimal level of maintenance, m? What is the associated value of lost water and property damage? (Note: Minimize the total cost function) ( ii). What level of m is chosen when pipes that burst run through land owned by the government (the company pays nothing for damages even though there is still some damage associated with pipe bursts)? What is the new value for property damage? What is the deadweight loss?