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1. Consider a regression using 30 observations that has a constant term and 2 independentvariables G, and Y.The observations a sorted according to the variable Y from smallest to largest. The regressionis then estimated on two groups, one with the lowest values of Y and one with the highestvalues of Y. Each group has 11 observations each.The RSS for first group is 321, the RSS for second group is 28101.Perform and Goldfeld - Quandt test for heteroscedasticity at the 1 percent level.
2. Consider a regression that uses the square of the residuals from the first regression above asthe dependent variable and has a constant term, the variables G and Y and the squared of bothG and Y and the product term GY as independent variables. The R^2 is 0.9878Preform a White test for Heteroscedasticity.
3. Suppose the following auxiliary equations is estimated. et^2 = 1.25 + .008 Z1 + .42 Z2 + .68 Z3 R^2= .074 n = 60 Carry out a LM test for heteroscedasticity.
Explain how do you expect the supply and demand of your selected good to change in the next year. Relate you expectations to the price and quantity of the good in the marketplace.
For each option calculates the profit-maximizing price and quantity. Which, if any, of these compensation schemes would alter the deadweight loss from monopoly.
Green Futures operates a solar panel power generation facility in Scottsboro, Alabama. The current field generates 12 million kilowatt-hours per year, but every year production drops off by 1 million kilowatt hours, as dust and droppings accumulate o..
Constructive Eviction and the Implied Warranty of Habitability
If you have $100 million in assets in Germany in 2006 (when the exchange rate was $1 = 1 euro), and in 2007 the exchange rate was $1 = 0.75 euro, then in 2007 your assets in Germany are (enter in your spreadsheet the letter answer corresponding to th..
In the first half of the report you introduce ideas, then in the second half of the report you will discuss and evaluate these ideas to identify what is most important.
Assume the same demand conditions as stated in Problem 1, but let the discount rate be 0.10 and the MEC be $4. How much would be produced in each period in an efficient allocation? What would be the marginal user cost in each period?
Two examples of price discrimination? and Think about a firm and its investments. Describe different types of capital. Describe the behavior of oligopolistic firm. how does the firm use Game Theory? define and explain the two types of game theory ass..
Explain how will this trade affect incomes of capital owners and workers in wool industry in Australia. Apply your knowledge of an appropriate framework to illustrate this.
Unions contribute to
1. What are the physical features of your community? Research this question by looking at maps that indicate the geographic features of your community. What did you learn about the physical geography of your community that surprised you?
Provide a brief summary of The Coca-Cola Company’s efforts to protect its soft drink formula as a trade secret. Describe one (1) challenge the company has faced in preserving its trade secret.
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