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The economists in the Obama administration suggested that the stimulus package that they recommended in early 2008 would keep unemployment under eight percent. Even though they did not show us their analysis, we all know that it was flawed because unemployment reached ten percent in 2010. Were their econometric models improperly specified? Were their assumptions about the economy wrong? Is Keynesian macroeconomic theory wrong? Was there bias in their theory about how the stimulus would work?
Report descriptive statistics, assumptions tests, effect sizes (partial eta) as well as tests of statistical significance.
What value is standard deviation for this data? What type of probability is this?
Using ANOVA summary table, find out if regression model is significant.
Deriving the regression equation, testing the model fit and obtains confidence interval for estimated values.
Can we conclude a difference in means? YES or NO (circle one)
Do these results suggest that the racial makeup of the faculty members is different from that of the students? (Use the .05 significance level.)
Show draw a cause-and-effect diagram to organize the possible causes of delayed flight departures into the following maj categories.
The New York Times reported (L.J> Flynn, Tax Surfing, The New York Times, March 25, 2002, p. C10) that the mean time to download the home page for the internal Revenue Service (IRS) , was 0.8 second. Suppose that the download time was normally di..
Set up hypotheses and test to find out whether or not population variance is larger than $100.
Find out the variance for percentage of tickets? Determine the probability that your sample will have the average between 70 and 75?
What is the probability all three of the selected homes have a security system?
Use Chebyshev's theorem to find what percent of the values will fall between 120 and 150 for a data set with mean of 135 and standard deviation of 7.5.
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