Suppose we have a random sample of 50 people and their

Assignment Help Macroeconomics
Reference no: EM13379038

Suppose we have a random sample of 50 people and their weight, W and height, H are recorded to the nearest pound and inch respectively. A regression of W on H and an intercept gives:

Wi = 99.41(6.45) + 3.94(1.86)Hi

R^2 = 0.81, SER = \(\sqrt{Su^2}\) = 10.1

(Standard errors are given in parentheses)

(g). Suppose we measured weight in kilos. What will the new intercept be?

(h). Prove that if Wi* = \(\lambda1+\lambda2Wi\) then the new intercept b1* = \(\lambda1+\lambda2b1\) where b1 is the intercept of the original regression of W on H.

(i). Explain how the standard error of the slope coefficient in (h) is related to the standard error of the slope in the original regression

Reference no: EM13379038

Questions Cloud

The economy is experiencing a contraction recessionary gap : the economy is experiencing a contraction recessionary gap of 400 billion. what government spending stimulus would you
Consider the following data which applies to avataria and : consider the following data which applies to avataria and twilightia in the years 1990 and 2010. in both countries the
Buy a computer for 2500 now keep it for 8 years and then : buy a computer for 2500 now keep it for 8 years and then sell it for 800. the computer is not expected to require any
Suppose that the trade pattern of a country is that it : suppose that the trade pattern of a country is that it exports foodstuffs and imports fancy sports equipment. can you
Suppose we have a random sample of 50 people and their : suppose we have a random sample of 50 people and their weight w and height h are recorded to the nearest pound and inch
1 specific identification method boston galleries uses the : 1. specific identification method. boston galleries uses the specific identification method for inventory valuation.
Customer profitability and ethics snark corporation : customer profitability and ethics. snark corporation manufactures a product called the snark which it sells to
1 use the four quadrant diagram of the classical model with : 1. use the four quadrant diagram of the classical model with the production function to determinea the effect of a
Alternative methods of joint-cost allocation product-mix : alternative methods of joint-cost allocation product-mix decisions. the southern oil company buys crude vegetable oil.

Reviews

Write a Review

Macroeconomics Questions & Answers

  What are two other ways swatch might hedge

Assuming that SWATCH needs to cover its expenses in Switzerland and thus wants to hedge its SF exposure using a forward contract with a Swiss bank in the US, what is the minimum amount of SF.

  Find the maximum loan the bank can extend

Assume the Required Reserve Ratio is 10% and the balance sheet of the People's National Bank looks like the accompanying example:

  What is the driving force creating growth in the economy

Consider the difference between the New Classical and Keynesian model regarding macro policy. What is the driving force creating growth in the economy in each model Why does each one say that item creates growth Explain.

  Market forces will lead company to produce the mix of goods

Our economy thrives on competition. Market forces will lead company to produce the mix of goods most desired. Unforeseen events can be responded to in a rational manner.

  Determine the amounts petra will pay under the arrangement

Petra borrowed $12,500 thirty months ago from a lender who charges interest of 4.05 percent compounded monthly. She wants to borrow $10,000 more today. The original lender will not increase her loan, so she has found a new lender

  Factors which affects investment demand

The investment demand curve is a useful tool to summarize an important and complex relationship in the economy. The determinants that may cause this Investment Demand Curve for the U.S. economy to shift are acquisition

  Decision making model

A decision making model is more beneficial than simple comparing costs and benefits because decision making model encourages you to consider multiple options?

  Calculate and interpret the z-score for a sales associate

Suppose annual salaries for sales associates from a particular store have a mean of $32,500 and a standard deviation of $2,500. Calculate and interpret the z-score for a sales associate who makes $36000. Suppose that the distri..

  Determine the deadweight loss

Assume that demand for labor by firms is given through L=1000-100W and the supply of labor from workers is given by L=-400+100W, where L represents the number of workers and W is the wage in this labor market.

  Is the investment in your education profitable

You have done some research and believe that the master's degree will add $6,000 per year to your salary for the next 10 years of your working life, starting at the end of this year. From then on, after the next 10 years, it makes no difference.

  What particular terms used in the subject of macroeconomics

What particular terms used in the subject of Macroeconomics can you apply to the question  It will be better if you would reference relevant pages from your textbook. Also it will be a bonus if you could demonstrate your research skills by providi..

  What the costs and benefits of a national money

Suppose you are advising a small country (such as Bermide) on whether to print its own money or to use the money of its larger neigher (such as the United States). What the costs and benefits of a national money.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd