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Use the data in 401KSUBS.RAW for this exercise.
Compute the average, standard deviation, minimum, and maximum values ofnettfain the sample.
Test the hypothesis that average nettfadoes not differ by 401(k) eligibility status; use a two-sided alternative. What is the dollar amount of the estimated difference?
From part (ii) of Computer Exercise C9, it is clear that e401kis not exogenous in a simple regression model; at a minimum, it changes by income and age. Estimate a multiple linear regression model
State carefully the ceteris paribus assumption in this case. Do you think this simple regression of Y on X satisfies that assumption? Why or why not?
Determine the quantity that would be produced at this price and the maximum profit possible.
Suppose the quantity x of Super Titan radial tires made available each week in the marketplace is related to the unit-selling price by the following equation where x is measured in units of a thousand and p is in dollars.
price information for a typical market basket of goods purchased by consumers and assume that 2000 is the base year:1.Calculate the price index for 2000. 2.Calculate the price index for 2001. 3.Calculate the price index for 2002. 4.Calculate the pric..
Suppose the number of points on an economics midterm (P) can be characterized by the following production function: P = 10H - 4B where H is the number of hours spend studying and B is the number of beers in the week prior to the midterm.
Economan has been infected by the free enterprise bug. He sets up a firm on extraterrestrial affairs. The rent of the building is $4,000, the cost of the two secretaries is $40,000, and the cost of electricity and gas comes to $5,000.
Using the documents determine why was it Europe, and not anyone else, who explored and conquered the Americas?
A painter and the price of a gallon of paint increases from $3.00 a gallon to $3.50 a gallon. Your useage of paint drops from 35 gallons a month to 20 gallons a month. Compute the price elasticity of demand for paint and show calculations.
Assume that the country is in a period of high unemployment, interest rates are at almost zero, inflation is about 2% per year, and GDP growth is less than 2% per year. Suggest how fiscal and monetary policy can move those numbers to an acceptable..
Assume that an individual consumes two goods, X and Y. The total utility (assumed measurable) of each good is independent of the rate of consumption of other good. The price of X and Y are respectively $40 and $60.
Many factors influence a plant's uptake of boron from the soil, but one key factor is soil type. One experiment† compared plant content C of boron, in parts per million, with the amount B, in parts per million, of water-soluble boron in the soil.
Determine the two equal deposits, the first deposit required now and the second deposit at the end of year 6, so that you can withdraw $2,000 at the end of each year for the next 12 years. Assume that money earns 4% interest, compounded monthly.
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