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Suppose the Problem Is the Stereo Noise in the Dorm

question 20

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Suppose the problem is the stereo noise in the dorm. On the graph on the next page the amplifier dial numbers are located on the horizontal axis. The vertical axis measures the marginal costs and benefits of various levels of music (noise) . Also measured on the vertical axis is the marginal cost of insulating the walls to prevent the externalities from penetrating the wall. Suppose the problem is the stereo noise in the dorm. On the graph on the next page the amplifier dial numbers are located on the horizontal axis. The vertical axis measures the marginal costs and benefits of various levels of music (noise) . Also measured on the vertical axis is the marginal cost of insulating the walls to prevent the externalities from penetrating the wall.   If negotiation costs are zero and you have the property rights to the airwaves, how loud will the music be played? The answer to the questions are to the nearest whole dial number. A) 3 B) 4 C) 6 D) 10 If negotiation costs are zero and you have the property rights to the airwaves, how loud will the music be played? The answer to the questions are to the nearest whole dial number.

Formulate null and alternative hypotheses for chi-square tests.
Interpret the results of chi-square tests and other nonparametric tests.
Identify appropriate statistical techniques for various research scenarios.
Understand the chi-square test of independence and its requirements.

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