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I have a time series set of data of workers in motor vehicle industry from 1972-2001 (in thousands) as well as average weekly hours of workers in motor vehicle industry and also motor vehicle output (in billions of dollars). I need to measure productivity, as either output/unit of labor or else output/hour, but I need to know how I should exactly compute this, if it is measured in dollars or? and how to calculate it for the best measure of productivity?
Determine when a competitively produced product generates negative externalities in production, the industry will,
Design a simple econometric research project
An ice cream vendor sells three flavors: chocolate, strawberry, and vanilla. 45% of the sales are chocolate, while 30% are strawberry, with the rest vanilla flavored.
Assume that you have a normal distribution with mean =0 and variance =1. Assumee you control a likelihood test for mu =.07 and another likelihood test for mu =8.
The following table is the pay off matrix for zero sum game. Estimate the each players dominated strategy of the following zero sum game?
Suppose that you have just been employed as a consultant to help a company decide which of 3-options to take to maximize the value of the company over the next three years.
M-commerce also known as mobile commerce is being lumped in with several strategic internet plans. Explain some of the industries that are likely to use mobile commerce and how it is working for them.
You are attending the yearly shareholder's meeting of PIC firm. A fellow stockholder points out that manager of PIC received $100,000 last year, while the manager of a rival company, CUP Enterprises, earned only $50,000.
A pint of British marmalade costs a United States customers $10. Assume that the dollar depreciates against the British Pound, the pint of British marmalade for the United States customer will cos
A student is taking two courses, history & math. The probability the student will pass in the history course is .60 and math is .70. The probability of passing both is .50.
A quality control inspector chooses a part to be tested. The part is then declared acceptable, repairable, or scrapped. Then another part is tested.
The Australian government administers two programs that affect the market for cigarettes.
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