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Write a program to carry out projection pursuit regression, using cubic smoothing splines with fixed degrees of freedom. Fit it to the data from the previous exercise, for various values of the smoothing parameter and number of model terms. Find the minimum number of model terms necessary for the model to perform well and compare this to the number of hidden units from the previous exercise.
Write a summary (500-750 words) to discuss your data findings and the proposed solutions generated based on applying econometrics and analyzing the data.
Online Tutors offers monthly access to students for either or both math or science tutors. A market study found that the served by Online Tutors can be divided into two types of students: students needing help with math
considers long-run policies in Mexico relative to Canada. Assume Mexico's money growth rate is currently 4% and its inflation rateis 2%. Canada's money growth rate is 6% with 3.25% inflation rate.
If the price of a good is increased by 15% and the quantitydemanded changes by 20% then the price elasticity of demand isequal to What is the price of elasticity of demand between $2.50 and$2.25
A company is considering replacing its asphalt parking lots with concrete, at first cost of $1,200,000, and an annual maintenance cost of $15,000. Another option is also available, which is resurfacing the parking lots with asphalt with a first co..
zachary has opened a retirement account that will pay 5 interest each year he plans to deposit 10 of his annual salary
The Annual Benefits may be assumed to be one tenth of the decade benefits. The O & M Cost of the project is estimated to $15000 per year. Assume a 50 Year Analysis Period with no net project salvage Value. Purpose 1 decade 2 decade 3 decade 4 deca..
A. Calculate the 1998-2008 growth rate in sales using the constant rate of change model with annual compounding.B. Forecast sales for the years 2011 and 2013. The following table shows annual sales data for Stuff Happens.
The diesel-powered generator with a cost of $60,000 is expected to have a useful operating life of 50,000 hours. The expected salvage value of the generator is $8,000. In its first year, the generator was operated for 5,000 hours.
At present, the company can earn a maximum annual profit of $25,000 when it sells 10,000 copies within a year's time. The firm incurs a 50-cent expense each time a consumer downloads a copy, but the company must spend $100,000 per year.
The demand curve for product x is given by Qx^d=460-4Px a.)Find the inverse demand curve. b.)How much consumer surplus do consumers receive when Px=$35 c.)How much consumer surplus do consumers receive when Px=$25
Below are hypothetical data for the economy in a particular year. There is no statistical discrepancy. Export 179Capital consumption allowances 79 Government current purchases of G & S 134 Indirect taxes (less subsidies) 76
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