Recent content by joe342

Im sorry, I thought I made it clear here. Average product of labor and marginal product of labor.

Consider the function APL=\frac{\sqrt[4]{L}}{L}, where L is the number of workers. The company has just hired 8 workers. What is the marginal product of the labor?I know that if I had the total product I could differentiate it and get the marginal product, but it's the average product that is...

Do i divide sum of X with mean of x, then divide sum of Y with mean of Y. Then what? Just add the sums together?

hmmm ... then n is sum of X divided by mean?

We have variable X (Active companies with a credit score) and variable Y (Bankrupt companies with a credit score) The mean, variance, n etc for their credit scores are known for X and Y. (We are given a lot of information about these companies, but a lot of this information is irrelevant...