A Group of People Are Concerned That the Coach of a Local

question 109

Essay

A group of people are concerned that the coach of a local high school men's and women's basketball teams alters the amount of air in the basketball to gain an unfair advantage over opponents during home games. The idea is that the basketballs are pumped up with one pound per square inch less air than required, and his teams practiced with these altered balls all week prior to home basketball games. Since these under-pumped basketballs would react differently to being shot at a basket, the team that practiced with these balls would have an unfair advantage when it came to shooting free throws.
-Describe how to use a retrospective study to determine if the home teams have an unfair advantage when shooting free-throws.

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Definitions:

Capital

Financial assets or their financial value, as well as the tangible factors of production that are used in creating goods or services.

Maximize Profit

The process of increasing one's financial gain to the highest possible level given the constraints of the market.

Productivity

The efficiency with which input resources are converted into output, often measured as the ratio of output to input over a specific period.

Marginal Revenue Product Curve

A graphical representation showing how the additional revenue of a firm changes with the employment of an extra unit of input in the production process.