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Write a 4-5 page paper in which you:
Develop and discuss a relationship that can be modeled with a simple regression.
State the model in mathematical terms.
Estimate the model and interpret the meaning of the coefficient estimates.
Discuss a hypothesis test that would help confirm your theory.
The specific course learning outcomes associated with this assignment are:
Apply econometrics to conduct and present the analysis of economic data to support business and public policy decisions.
Apply regression analysis to interpret the characteristics of populations and test hypotheses.
Use technology and information resources to research issues in econometrics.
Write clearly and concisely about econometrics using proper writing mechanics.
The original simple form of the Connecticut state lottery (ignoring a few gimmicks) awarded the following prizes for each 100,000 tickets sold. The winners were chosen by drawing tickets at random. If you hold one ticket in this lottery, what is y..
a university dean wishes to estimate the average number of hours that freshmen study each week. the standard deviation
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For the control group, the mean was 70.3 and the standard deviation was 8.3. (a) Do beta-blockers reduce the pulse rate? State the hypotheses and do a t test.
1. consider the following distribution of grades in a class.nbsp think of this as your population.3540 2 3 4 4 550 0 0
Draw a standard normal curve and shade the area under the curve that represented the answer to the question; do this on scratch paper and provide a one-sentence description for the assignment).
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Using the results, describe the effect of an outlier or extreme value on the confidence interval.
a total of 797 nobel prizes had been awarded by 2007. 15 of the 101 prizes in literature were awarded to scandinavians.
What is the difference between strong negative and strong positive correlation? What does zero correlation tell you? Can you share a relationship between two variables that is typically negative?
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