Unformatted text preview: rent). A farmer gets $3 per kg of rice. A farmer pays $20 per hectare for seed and fertilizer. Income means income (in dollars) going to the farmer, net of costs . a. State income per hectare as a linear transformation of output per hectare. b. What is the sample mean of tenant income per hectare? c. What is the sample variance of net income per hectare?...
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This note was uploaded on 02/26/2012 for the course ECONOMICS 329 taught by Professor Bencivenga during the Spring '12 term at University of Texas.
- Spring '12