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In order to assess whether compensating for transportation costs and loss in wages increases the uptake of male circumcision in Zambia, a research team is planning to conduct a randomized controlled trial in Makululu District. The study plans to provide food and transportation vouchers as an incentive to the uncircumcised male population aged 15-49 years. The research team can only afford a sample size of 1,000 individuals in total. Fifty per cent will be randomly assigned to the treatment group and the other 50% to the control group. Following a pilot phase, the team found that 3% of individuals in the target population were already circumcised before the intervention. Using a one-side hypothesis test at the 0.05 significance level, calculate the MDE for a study with 80% statistical power. Hint: Recall that σ!= p (1-p)
Discuss the impact of a waitlist for organ donation. Why do we have a waitlist? How can we eliminate these lists? What are your thoughts on the notion that even
If a household`s income rises from $46,000 to $46,700 and its consumption spending rises from $35,800 to $36,400, then
Choose an item that you would like to manufacture. You do not actually need to manufacture something, but will proceed through the assignment as if you were planning on manufacturing the item you have selected. Forecast the variable cost per unit. Fo..
The figure to the right illustrates the demand for taxi rides in a large city. Suppose the price per ride is initially $1515 but then falls to $1010 due to a recession. What is the price elasticity of demand for taxi rides?
Joe's demand curve for office visits is Quantity = 100-5p. In other words, Joe's Willingness to pay for the N^th visit = 20-0.2N^th visit. Joe has an insurance policy that covers up to $100 at a $0 copayment up to the limit. After hitting the limit, ..
Suppose a manufacturing firm dumps its waste into the river, causing pollution downstream where residents like to water ski and fish. The marginal external cost to the residents is $800 for their diminished recreational enjoyment. What is the efficie..
What are the interest rates for the different kinds of savings accounts at your bank, credit union, or savings and loan? Why are they different?
You've just won the state lottery and will receive 20 annual payments of $70,000, with the first payment arriving 1 year from today. It is easy for you to borrow or lend on the capital market at an interest rate of 8% per year. If someone offered to ..
An economist sells in two segmented market, X and Y with inverse demand curves given by:Px= 100-QxPy= 100-4 Qy
In the presence of “foreign repercussions,” why is the multiplier for an autonomous increase in home country exports smaller than the multiplier for an autonomous increase in home country investment? Explain in economic terms.
What is natural about the natural rate of unemployment. How might the natural rate of unemployment differ across countries?
Was the movies examples "Real World" and presented without any particular bias? Was anything really memorable about the films?
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