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Textbooks / Business / Excel Statistics: A Quick Guide 2

# Excel Statistics: A Quick Guide 2nd Edition Solutions

## Do I need to buy Excel Statistics: A Quick Guide | 2nd Edition to pass the class?

ISBN: 9781452257921

Excel Statistics: A Quick Guide | 2nd Edition - Solutions by Chapter

Do I need to buy this book?
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## Excel Statistics: A Quick Guide 2nd Edition Student Assesment

Danny from University of North Texas said

"If I knew then what I knew now I would not have bought the book. It was over priced and My professor only used it a few times."

##### ISBN: 9781452257921

This textbook survival guide was created for the textbook: Excel Statistics: A Quick Guide, edition: 2. Excel Statistics: A Quick Guide was written by and is associated to the ISBN: 9781452257921. Since problems from 0 chapters in Excel Statistics: A Quick Guide have been answered, more than 200 students have viewed full step-by-step answer. The full step-by-step solution to problem in Excel Statistics: A Quick Guide were answered by , our top Business solution expert on 10/05/18, 01:31AM. This expansive textbook survival guide covers the following chapters: 0.

Key Business Terms and definitions covered in this textbook
• average revenue

total revenue divided by the quantity sold

• average tax rate

total taxes paid divided by total income

• Coase theorem

the proposition that if private parties can bargain without cost over the allocation of resources, they can solve the problem of externalities on their own

the ability to produce a good at a lower opportunity cost than another producer

• compensating differential

a difference in wages that arises to offset the nonmonetary characteristics of different jobs

• corrective tax

a tax designed to induce private decision makers to take account of the social costs that arise from a negative externality

• diversification

the reduction of risk achieved by replacing a single risk with a large number of smaller, unrelated risks

• efficiency wages

above-equilibrium wages paid by firms to increase worker productivity

• GDP deflator

a measure of the price level calculated as the ratio of nominal GDP to real GDP times 100

• lump-sum tax

a tax that is the same amount for every person

• market

a group of buyers and sellers of a particular good or service

• median voter theorem

a mathematical result showing that if voters are choosing a point along a line and each voter wants the point closest to his most preferred point, then majority rule will pick the most preferred point of the median voter

• microeconomics

the study of how households and firms make decisions and how they interact in markets

• open-market operations

the purchase and sale of U.S. government bonds by the Fed

• price discrimination

the business practice of selling the same good at different prices to different customers

• productivity

the quantity of goods and services produced from each unit of labor input

• stagflation

a period of falling output and rising prices

• supply curve

a graph of the relationship between the price of a good and the quantity supplied

• tariff

tax on goods produced abroad and sold domestically