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Investigate the factors affecting going to college using your EAEF data set. Define a binary variable COLLEGE to be equal to 1 if S > 12 and 0 otherwise. Regress COLLEGE on ASVABC, SM, SF, and MALE (1) using ordinary least squares, and (2) using logit analysis .Calculate the marginal effects in the logit analysis and compare them with those obtained using OLS.
Solve the problem for I (income). The impact on income of an increase in government spending equal to 100. Using the original data, compute the impact of a decrease in taxes equal to 100. Explain why the results are different.
Are there any differences in the eligibility requirements for TRI-enrollees based on reimbursement ability by the facility? If so, is this "fair?
For each month, compute the annual rate of inflation as the percentage change in the CPI from last year to this year (i.e., over the preceding 12 months). In the same graph, plot the rate of inflation and the one-year interest rate from 1970 to th..
The following information is derived from a sample of observations: ∑Yi = 1110, ∑Xi = 1680, ∑Yi2 = 133,300, ∑Xi2 = 315,400 and ∑XiYi - 204,200, Calculate SST, SSE, SSR and R2
What is the total demand curve for the firm What are the marginal revenue curves for the firm What are the monopoly prices and quantities for each group when the firm conducts third degree price discrimination
How many units should be produced to maximize profit? How do this company's marginal costs behave as output increases? Provide a logical explanation as to why a computer manufacturer's marginal costs might behave in this way.
Q = 123 - 0.5P - 0.25 Pc + .01 Y where Q is the quantity of seasonal passes sold, P is the price for seasonal pass, Pc is the average price for concession items, and Y is average per capital income in Mapleville. what is the profit maximizing pric..
assume that the interest rate on a one year bond is 7 percent today and the interest rates expected on one year bonds in the future are 6 percents in 1-year, 5 percent in 2-year , and 4 percent in three years bond. according to the exceptions theo..
CONSIDER AN ECONOMY IN WHICH THE CONSUMPTION FUCTION TAKES THE FOLLOWING SIMPLE ALGEBRIC FORM C=300 +0.75 DI AND IN WHICH INVESTMENT (I) IS ALWAYS 900.00AND THE NET EXPORTS ARE ALWAYS -100.00
TOTAL CIVILIAN POPULATION AGE 16 AND OLDER: 233.8 million NOT IN LABOR FORCE: 79.5 million CIVILIAN FORCE TOTAL: 154.3 million - EMPLOYED: 145.4 million - UNEMPLOYED: 8.9 million CIVILIAN UNEMPLOYMENT RATE: 5.8%
Explain under what conditions the incurring of a government deficit and subsequent borrowing by issuing bonds leads to a crowding out of private investment.
Wyandotte Chemical Company sells various chemicals to the automobile industry. Wyandotte currently sells 30,000 gallons of polyol per year at an average price of $15 per gallon. Fixed costs of manufacturing polyol are $90,000 per year and total va..
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