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Use the data in 401KSUBS.RAW for this exercise.
1. Compute the average, standard deviation, minimum, and maximum values of nettfain the sample.
2. 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?
3. 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
What rate of return did the company make on this product?
Each of these customers will buy at most one diamond-and only if the price is just equal to, or lower than, her willingness to pay. Raquel's willingness to pay is $400; Jackie's, $300; Joan's, $200; Mia's, $100; and Sophia's, $0.
when I was talking about insurance, when I ask about the maximum this person would pay to buy insurance I said that it would be the risk premium: $4823.1 - Then I derived the utility in this case, with certainty this person has wealth $100,000 + $..
A certain fluidized-bed combustion vessel has an investigation cost of $ 100,000, a life of 10 years, and negligible market (resale) value. Annual costs of materials, maintenance, and electric power for the vessel are expected to tota
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
What would be the effect of each of the following on the supply of salsa in the United States? In each case, identify the responsible determinant of supply?
Using the following utility schedule, derive a demand curve for pizza assme income is $10, the price of each slice of pizza is $1, and the price of each glass of beer is $2. Then change the price of pizza to $2 per slice.
The fixed costs at Harley Motors are $1 million annually. The main product has a revenue of $8.50 per unit and $4.25 variablecost. Determine (a) the break-even quantity per year, and (b)the annual profit or loss if 200,000 units are sold and if 35..
Why does an increase in the amount of capital reduce the rental rate of capital? Why does this same event increase the wage of labor?
b. What is the relationship between good X and Y (i.e. whether they are substitutes or complements) c. With the aid of a well-labeled diagram, show what happens to equilibrium price and quantity of good X, if the price of good Y increases.
In order to determine whether time is being spent optimally, a commercial fisherman has recorded the following information over the past year: "hours spent fishing" and "quantity of fish caught." What is the marginal product of fishing for hour sp..
the most efficient production technology available for making vitamin pills has the cost structure given in the following table. Note that output is measured as the number of bottles of vitamins produced per day and that costs include a normal pro..
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