Re: Points of discontinuity (holes and vertical asymtotes)

Posted by soimmoi on Dec 16, 2017; 4:17pm
URL: http://discussion-forum.276.s1.nabble.com/Points-of-discontinuity-holes-and-vertical-asymtotes-tp7608497p7608515.html

Yes, 10 is the ans. I've done it in the same way, it's a lil weird question.
can you see these two as well
suppose critical region for a test statistics S in a given test of significance is given by S1<= S <=S2.   Suppose the P( S<S1) = 0.3 and P(S> s2) = 0.45. what is the level of significance used in carrying out this test?
a) 0.03   b)0.48   c) 0.52  d)0.42
my sol:  c

consider a society of 2 individuals in which a single commodity is produced, individual 1 getting x units of commodity and individual 2 getting y units of commodity. suppose only 3 outcomes are possible in any time period
A : X=10,  Y=10    B:  X=7,  Y=5    C:  X=5,  Y=12
a) society prefer B over C     b) Society prefer C over B   C) soiety will be indifferent b/w b and c
d) We cannot say which of (a) (b) (c) will hold

An individual ranks bundles (x,y) and (x*, y*) in following manner: if either x> x* or x= x* and y>y*. if individual prefer x,y to x*,y*. given that individual income is 100 and px= 2, py= 1, individual will purchase every week
a) 25 units of x and 50 units of y
b)100 units of y
c)50 units of x
d) 45 units of x and 10 of y