Maurice Tutor

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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 21 Feb 2018 My Price 3.00

coin fifty times

Try the following experiment: Flip a coin fifty times, keeping track of the results. Think of each “heads” as a small positive shock that increases output by one unit; similarly, think of each “tails” as a small negative shock that reduces output by one unit. Let the initial value of output, Y, be 50, and graph the level of output over time as it is hit by the “positive” and “negative” shocks (coin flips). For example, if your first four flips are three heads and a tail, output takes the values 51, 52, 53, 52. After fifty flips, have your small shocks produced any large cycles in output?

 

 

 
 

Answers

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Status NEW Posted 21 Feb 2018 10:02 PM My Price 3.00

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