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Predicting assassination risk. New Scientist (April 3, 1993) published an article on strategies for foil- ing assassination attempts on politicians. The strategies are based on the ?ndings of researchers at Middlesex University (United Kingdom), who used a multiple regression model for predicting the level y of assassination risk. One of the variables used in the model was political status of a country (communist, democratic, or dictatorship).
(a) Propose a model for E(y) as a function of political status.
(b) Interpret the β's in the model, part a.
Why would neoclassical economists be critical?
Colette and Hans both consume the same goods in a pure exchange economy. Colette is originally endowed with 15 units of good 1 and 12 units of good 2. Hans is originally endowed with 97 units of good 1 and 4 units of good 2.
Evaluate whether management's controls operated effectively.
Suppose the union s objective is to maximize total labor income. What is the income-maximizing wage and quantity of labor demanded?
Once you have posted your assignment, read and respond to at least one other student's posting. Provide feedback to the student on how he/she addressed each of the areas.
Compute the elasticities for each independent variable. Determine the implications for each of the computed elasticities for the business in terms of short-term and long-term pricing strategies. Provide a rationale in which you cite your results.
Explain two or three consequences that may occur if a global city exiled the middle and working class?
Making dresses is a labor-intensive process. Indeed, theproduction function of a dressmaking firm is well described by theequation Q = L - L2/800, where Q denotes the number ofdresses per week and L is the number of labor hours per week.
Now assume that intermediaries come from a competitive market with and equilibrium price of $8 per unit for their services, that is, any buyer or seller who wants an intermediary's services must pay $8 for them. What is the maximum per unit that s..
Give an interpretation of the regression coefficients.
Would it be possible to create such a market? If so how? If not, why not?
Are there any differences in the eligibility requirements for TRI-enrollees based on reimbursement ability by the facility? If so, is this "fair?
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