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Regress the variable COLLEGE defined in Exercise 11.1 on ASVABC, MALE, SM and SF using probit analysis. Calculate the marginal effects and compare them with those obtained using OLS and logit analysis.
Exercise 11.1
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.
Assume that the depreciation rate is 10 percent per year. Make a table showing steady- state capital per worker, output per worker, and consumption per worker for saving rates of 0 percent, 10 percent, 20 percent, 30 percent and 40 percent.
A local realtor estimated the long-term income elasticity of demand for rental properties to be 0.9 and the long-run income elasticity for owner-occupied housing to be 1.10. Recent estimates indicate that income is forecast to rise at 5% per year ..
Select three macroeconomic indicators that you feel have greatest impact on operations or considering for Kohls. Discuss and describe why they are important to current or future situation of your organization.
The plant has a capacity output of 200,000 calculators per year, and the plant's manager regards 75 percent of capacity as the normal or standard output. The projected total variable costs for the normal or standard level of output
As an alternative, an automated manufacturing system will cost $13400 with a $0.65 manufacturing cost per unit. The annual anticipated volume is 4200 units. Determine the break-even point.
Choose a pair of topics that complement one another: See the suggested list of topics in the "Comparative Essay Topics Handout" below in the supplemental documents portion of these instructions.
Interpret the coefficient on lrpmg. Is it statistically significant? How can you tell? Construct a 95% confidence interval around the same coefficient. Is the coefficient on lcarpcap statistically significant? How can you tell
What is produced, and in what quantities? How are these goods produced? For whom are they produced? Who makes the economic decisions?
what is the expected revenue from auctioning
What is your view on this?
Cooper Bank is considering making a loan to Valles Global Industries to buy a machine tool worth $300 million at 1% interest. The tool has no salvage value and is depreciated over 3 years by sum-of-years digits. In this state, VGI pays 50% tax. ..
You want to start a company, and are trying to decide between two different industries. You are doing your final research before you write your business plan. Industry A has 20 firms and a Concentration Ratio (CR) of 30%
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