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Suppose you wanted to create a statistical model that helped to explain the level enjoyment of a movie. Assume you can do so on a scale from 0 to 100, where 0 means strongly dislike, while 100 means perfect enjoyment.
a) What would be 3 main variables of interest that you think would help to predict level of enjoyment? Explain your reasoning.
b) What would the relationship that you would expect between each variable you chose and level of enjoyment (i.e. would they be positive or negative)? Explain briefly why you posit this relationship for each variable with level of enjoyment.
Upon entering college, Meena borrowed the limit of $5000 on her credit card to help pay expenses. The credit card company charges 19.95% annual interest, compounded continuously. how much will meena owe when she graduates in four years?
Describe a skimming price and a penetration price, and advise them whether they should charge a skimming price or a penetration price, with supportive reasoning for and against each pricing alternative.
What does Equilibrium look like? Is everyone (buyers and sellers) both happy with it? Does Equilibrium REALLY exist in the real world or is it more a theory?
Defining policy and its role in corporate culture? Write a report on how an organization can achieve ISO 27001 certification.
Write down 5 common injuries in the industries (you can select manufacturing, construction or any industry based on your background), reasons for the injuries and the ergonomic solution for each case.
What is the effect of some economic variable (e.g. college education) on the growth rates (or levels of GDP) of some group of countries (e.g. Sub- Saharan Africa)?
One senior economist thinks it is likely that the interest rate would rise in the second half of the year. Discuss the simple mechanism from an increase cash rate in the official sort term money market to other interest rates and finally to change..
in 2006 congress estimated that the cost of the iraq war was approximately 100 billion a year. since the us govt was
1. The marginal revenue curve for a perfectly competitive firm is ___________. a. the same as its marginal cost curve b. the same as its demand curve c. perfectly inelastic d. downward-sloping
How does an increase in income taxes on wage income affect the labor market and potential GDP? How does an increase in income taxes on interest income affect the capital market and potential GDP?
Suppose the price of unleaded regular octane gasoline were 20 cents per gallon higher in New jersey than in Oklahoma. Do you think there would be an opportunity for arbitrage (i.e that the firms could buy gas in Oklahoma and then sell it at a profit ..
Illustrate what is the present value of a contract that promises to make year end payments to you of $100 for the next 20 years if the interest rate is 5%.
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