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WebQuestion: PROBLEM 19.2 (pg. 178, #84) Suppose the proportion X of surface area in a randomly selected quadrate that is covered by a certain plant has a standard beta distribution with a = 5 and B = 2. a. What is the probability less than 45% of the quadrate is covered, PCX <0.45)? b. What is the expected proportion of the quadrate covered by … Webq = 10.049 Therefore, each firm will produce 10.049 units of chocolate covered macadamias, which rounds to 10 units. Since each firm produces 10 units of chocolate covered macadamias, and the market demand is 200 units, the number of firms in the long run will be: N = Q_d / q = 200 / 10 = 20 fanatics athletics
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