Business, 08.09.2021 23:30 tiearahill2393
Suppose that a city operates two neighborhood schools, one in the rich neighborhood and one in the poor neighborhood. The schools are equal in size and currently have equal budgets. The city receives $10 million in federal grant money that can be used to supplement the budgets of the two schools, which are initially identical. For each school, the average score on a standardized achievement test depends on how many dollars are allocated to the school. Letting S denote the average test score and X denote additional spending in millions of dollars, the relationships between scores and additional spending for the two schools are as follows:
Spoor = 40 + Xpoor, Srich = 45 + 3Xrich.
Required:
a. Plot the above relationships and interpret the differences between the slopes and intercepts in intuitive terms.
b. Derive and plot the community’s transformation curve between Srich and Spoor, remembering that Xpoor and Xrich must sum to 10. Because of the linear relationship between S and X for each group, the transfor- mation curve is a straight line.
c. Find and plot the test scores that would result if the city divided the grant money equally between the schools.
d. Find and plot the test scores that would result if the city allocated the grant money to equalize the scores across schools.
Answers: 2
Business, 22.06.2019 20:00
Ryngard corp's sales last year were $38,000, and its total assets were $16,000. what was its total assets turnover ratio (tato)? a. 2.04b. 2.14c. 2.26d. 2.38e. 2.49
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Business, 23.06.2019 11:00
Which of the following makes a true statement about the relationship between government and financial institutions? government and financial institutions do not interact with each other. financial institutions like the u.s. treasury must approve increases in the government deficit. government can pass laws to limit what financial institutions can charge in interest and fees. financial institutions like local banks must approve interest rates set by the federal reserve.
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Business, 23.06.2019 11:50
Iceberg storage, a leading hard drive manufacturer, recently filed for bankruptcy. while most of iceberg's competitors were shifting away from physical data storage devices toward online cloud storage services, iceberg invested most of its retained earnings in the effort to improve its hard drives. once the hard-drive market drastically declined, iceberg storage was unable to capitalize on the new technology. which of the following does this scenario best illustrate a. causal ambiguity b. knowledge diffusion c. social complexity d. path dependence
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Suppose that a city operates two neighborhood schools, one in the rich neighborhood and one in the p...
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