Matt Y

Rutgers, The State University of New Jersey
Tutor

Biography

Hi there! My name is Matt Y. I am a Business, Math, Statistics, and Economics Tutor. I specialize in Business Administration subjects like Financial Accounting, Managerial Accounting, Principles of Microeconomics, Principles of Macroeconomics, and Intro to Business.

Education

BS Data Science
Rutgers, The State University of New Jersey

Educator Statistics

Numerade tutor for 4 years
40 Students Helped

Topics Covered

Exploring Probability Topics: From Basics to Advanced Strategies
Understanding the Normal Distribution: A Comprehensive Guide
Balancing Markets and Welfare: Striving for Equilibrium
Unlocking Insights: Macroeconomic Data Analysis
The Long-Term Impact of the Real Economy: Insights and Analysis

Matt's Textbook Answer Videos

01:26
Development Economics

Explain why each country might want to take a pro-natalist stand for military or political reasons, but the combination of all countries taking the same pro-natalist stance may make all countries worse off relative to a neutral stance on population.

Chapter 9: Population Growth and Economic Development
Matt Y
1

Matt's Quick Ask Videos

03:37
Intro Stats / AP Statistics

You wish to test the following claim (
H
a
) at a significance level of
α
=
0.002
.


H
o
:
ÎĽ
=
76.6


H
a
:
ÎĽ
>
76.6

You believe the population is normally distributed, but you do not know the standard deviation. You obtain a sample of size
n
=
599
with mean
ÂŻ
x
=
76.9
and a standard deviation of
s
=
9.3
.

What is the test statistic for this sample? (Report answer accurate to three decimal places.)
test statistic =

What is the p-value for this sample? (Report answer accurate to four decimal places.)
p-value =

The p-value is...
less than (or equal to)
α

greater than
α

This test statistic leads to a decision to...
reject the null
accept the null
fail to reject the null

As such, the final conclusion is that...
There is sufficient evidence to warrant rejection of the claim that the population mean is greater than 76.6.
There is not sufficient evidence to warrant rejection of the claim that the population mean is greater than 76.6.
The sample data support the claim that the population mean is greater than 76.6.
There is not sufficient sample evidence to support the claim that the population mean is greater than 76.6.

Matt Y
01:12
Macroeconomics

what is an assertive advocate?

Matt Y
02:08
Probability

Your manager is very concerned about the cost of hiring the three new people you need. As a result, she doesn’t want to post the advertisement in a variety of places; she thinks it’s best to just use a “refer a friend” recruitment strategy. When she moves forward with this strategy, ten people turn in résumés. Upon looking further, it appears all applicants went to the same private religious college and graduated around the same time. You are concerned that this method of recruitment lacks diversity. How would you handle this with your manager? What suggestions (3-4) would you make to ensure diverse candidate pools?

Matt Y
02:39
Microeconomics

In order to determine the average course grade of students taking ECON1111, the course coordinator took a sample of 31 students, where the average course grade was found to be 74.03 with a standard deviation of 13.09. Determine a 90% confidence interval for the mean course grade for all students in ECON1111. State the lower limit only, correct to three decimal places.

Matt Y
01:14
Macroeconomics

For a symmetrical distribution, which statement is true?
Multiple choice question.

The mean, median, and mode are all equal.

The mean is less than the median.

The mean is greater than the median.

Matt Y
01:40
Macroeconomics

Come up with a new product idea. How might you modify this product to sell it to different global markets? How would you market this product globally?

Matt Y
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