Question: Help in solving the questions ensuring precision in your answers. Complete the following table to show the marginal physical product of labour (MPP). Number of

Help in solving the questions ensuring precision in your answers. Complete the following table to show the marginal physical product of labour (MPP). Number of workers Output (goods per day) MPP 0.0 2.3 5.0 8.0

Help in solving the questions ensuring precision in your answers.

10.0 11.8 13.0 14.0 14.8 15.3 10 15.0At a particular hospital, the

initial rate of mortality for babies born between 4 and 8 weeks

premature is 4% per annum. Using a normal distribution, calculate the approximate

Complete the following table to show the marginal physical product of labour (MPP). Number of workers Output (goods per day) MPP 0.0 2.3 5.0 8.0 10.0 11.8 13.0 14.0 14.8 15.3 10 15.0At a particular hospital, the initial rate of mortality for babies born between 4 and 8 weeks premature is 4% per annum. Using a normal distribution, calculate the approximate probability that, out of 100 such babies, more than 6 will not survive to their first birthday. [4](i) Explain why the criteria of smoothness and adherence to data both need to be met when performing a graduation of mortality data that will be used to set premium rates. [3] (ii) Describe the smoothness test, stating any relevant formulae. [3] [Total 6]

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