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Try the machine learning K-nearest-neighbor algorithm on the PUMS data to get another view of the "interesting pattern" from above. (As usual, step one is to replicate my code, then gradually morph it into your own.) How good of a classification can you get?
The PUMS data includes a code, ANCESTR1D, for each person to give detail about their ancestry. The complete codes are below. You might figure out some recoding (note that most of the codes less than 2100 are European, then rest of 2000s are Latin America, 3000 are Caribbean, 4000 MENA, 5000 African, 6000 Indian subcontinent, 7000 Asia, 8000 Pacific, 9000 other). You might make judgements about how to combine groups. Look at average incomes within some of these ancestry groups, are they statistically significantly different? Explain.
The effects on the development also diffusion of computer technology in the 1970s and 1980s on the U.S. economy in the late 1990s to the present.
What are some of your favorite web design workflow tools?
Elucidate what factors move the marketplace away from equilibrium.
Assume Madison has sixteen hours in the day for work or leisure. She earns $5 an hour and receives $15 each day in non-labor income.
the company provides the broker with an infrastructure, such as clerical support, phone services, and office space, and especially for new brokers, a base wage.
Industry structure is often measured by computing the Four-Firm Concentration Ratio. Assume you have an industry with 20 firms and the CR is 30 percent. How would I describe this industry?
Optimal consumption. The following Table describes the demand for tickets to the opera, during the two=-week season.
Suppose that the Fisher hypothesis holds for an economy that an expected real interest rate of 2 percent. For each of the expected inflation rates of 0, 2, 4, 6, and 8 percent, calculate the nominal interest rate and after tax expected real interest ..
Suppose that the market demand curve is P=1000-0.08Q and the market supply curve for some industry is P=0.02Q+100.
(Elasticity and Total Revenue) Explain the relationship between the price elasticity of demand and total revenue. (Determinants of Price Elasticity) Would the price elasticity of demand for electricity be more elastic over a shorter or a longer per..
1. First, calculate the value of a corporate bond using the information below. Do this calculation by hand and show all of your work! Second, convert the value to price; round to 3 decimals.
The high employment deficit is estimated at $100 billion. Suppose that the ecomony is operating below full employment and that it will not overheat during year,
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