Question

all formula for microeconomics and statistics.

class 11​

Answer 1

Answer:

friend

i hope it helps you.

Answer 2

Answer:

Providing all the formulas for microeconomics and statistics is beyond the scope of a single answer, as these fields are vast and complex. However, I can provide a list of some important formulas in each field as a starting point.

Microeconomics:

1.Price elasticity of demand: % change in quantity demanded / % change in price

2.Income elasticity of demand: % change in quantity demanded / % change in income

3.Cross-price elasticity of demand: % change in quantity demanded of one good / % change in price of another good

4.Marginal utility: change in total utility / change in quantity consumed

5.Production function: Q = f(K, L), where Q is quantity, K is capital, and L is labor

6.Marginal product of labor: change in output / change in labor input

7.Total cost: fixed cost + variable cost

8.Marginal cost: change in total cost / change in output

9.Average total cost: total cost / output

10.Profit: total revenue - total cost

Statistics:

1.Mean: (sum of all values) / (number of values)

2.Median: middle value in a sorted list of values

3.Mode: value that appears most frequently in a set of values

4.Variance: (sum of squared deviations from the mean) / (number of values - 1)

5.Standard deviation: square root of variance

6.Normal distribution: a bell-shaped curve with mean and standard deviation as parameters

7.Regression: a statistical method for analyzing the relationship between two variables

8.Correlation coefficient: a measure of the strength and direction of the linear relationship between two variables

9.Confidence interval: a range of values that is likely to contain the true population parameter with a certain level of confidence

10.Hypothesis testing: a statistical method for testing a hypothesis about a population parameter using sample data

To learn more about Production function from the link below

https://brainly.in/question/16277008

To learn more about Standard deviation from the link below

https://brainly.in/question/9019229

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