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If you pool all of the data and use OLS, what are you assuming about unobserved student characteristics that affect performance and attendance rate? What roles do SAT score and prior GPA play in this regard?
oprah just inherited a house with a market value of 150,000 and she does not expect the market value to change. Each year, will pay 300 for utilities and 2000 in taxes. She can earn 4 percent on money in a bank account. Her cost of living in the h..
Describe the fundamental difference between short-run analysis and long-run analysis of the cost structure of a firm and give at least two examples of industries that practice price discrimination, and describe their pricing practices.
An investor deposits $30,000 annually at the end of each year for the next 15 years. At the end of the 16th year he starts to withdraw a geometric series of 20 annual payments, each 5% larger than the previous one.
Suppose that the demand for Federal funds curve is such that the quantity of funds demanded changes by $160billion for each 1 percent change in the Federal funds interest rate. Also, assume that the current Federal funds rate is at the 3 percent r..
The MSU firm has the production function: q = f(L,K) = 4 L^(1/2) K^(1/2) The market has many firms identical to the MSU firm. The price of capital is r = 4 and the price of labor is w = 1 A. On the graph below: Draw the isoquant for q = 24, and th..
A sample of 35 observations is selected from a normal population. The sample mean is 30, and the population standard deviation is 4. Conduct the following test of hypothesis using the .05 significance level. H0 : 29 H1 : > 29 (a) Is this a one-..
Barney Rubble, marketing director for Flintstones, is considering whether or not the company should market its product directly to end users for $300 per unit. Although no added investment in productive facilities is required, there are additional..
Prepare a job cost sheet for Job #325 using the information given. Assuming that 80 units were completed, determine the unit product cost.
Assume your research staff used regression analysis to estimate the industry demand curve for Product X. Qx = 10,000 - 100 Px + 0.5 Y - 1000 r (3,000) (20) (0.3) (105) Where Qx is the quantity demanded of Product X, Px is the price of X, Y is inco..
suppose that, during the past year, the price of a laptop computer rose from $2,300 to $2,700 per laptop. During the same time period, consumer sales decreased from 600,000 to 500,000 laptops. Calculate the elasticity of demand between these two p..
Results and Robustness Check- What are your preliminary results from initial runs in the statistical software? What is their relationship with the original hypotheses and research questions
An economy is operating with output $400 billion below its natural rate, and fiscal policymakers want to close this recessionary gap. The central bank agrees to adjust the money supply to hold the interest rate constant
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