96 Answered Questions for the topic econometrics

Econometrics

10/28/22

How does a free market help to promote innovation?

A>The government controls pricesB>A reduction in the number of different products keeps prices lowC>A free market economy provides equal support for all productsD>Intense competition... more
Econometrics Statistics

10/22/22

Econometrics Question

Determine the sign of the expected bias introduced by omitting a relevant variable. State your assumptions and provide a very brief rationale for your assumptions.We plan to estimate the following... more
Econometrics Math Statistics

10/22/22

Econometrics help

Determine the sign of the expected bias introduced by omitting a relevant variable. State your assumptions and provide a very brief rationale for your assumptions.We plan to estimate the following... more
Econometrics Statistics

10/22/22

Econometrics Word Problem, see description

Suppose that you work for a company that produces and sells bicycle helmets. Your boss has asked you to determine the own-price elasticity of demand for helmets. That is, you’ve been asked to... more
Econometrics Statistics

10/22/22

Econometrics Question, see description (was too long)

Determine the sign of the expected bias introduced by omitting a relevant variable. State your assumptions and provide a very brief rationale for your assumptions.We plan to estimate the following... more

10/14/22

its urgent pls help me with this question

Weigh the impact you believe the Confederate statement of no quarter for African-American soldiers, had on the recruitment of Union African-American soldiers. How you would react if in the same... more

09/26/22

Microeconomic - price elasticity of demand

Using a diagram, describe how a decrease in price affects volume expenditure when the price elasticity of demand isi. elasticii. not elastic

09/22/22

Supply and demand question

Sencerio: When the cost of steel rises, ___the supply will increase and the supply shift will increase?________I am confused how this is the correct answer because when prices get more expensive,... more

08/25/22

Consider the equation 2(5x-4)=ax+b; find a value for a and a value for b that the equation has no solution

Also if you can be kind, can you also find infinitely many solutionsHow to set it upa=____ b=____Thank you!
Econometrics Statistics

08/20/22

quantitive reasoning

In Linesville, every resident lives on Main St., a long, straight road. The Linesville City Council decides to build a garden, and wants to build it in the place that minimizes the sum of the... more
Econometrics

07/24/22

Econometrics? Hourly  wages  reach  a  maximum  at  how  many  years  of  work experience? for questions below

Suppose you estimate the following regression model by OLS: HWAGE= 5.00 + 0.5YEARS - 0.01YEARS2 - 3.00FEMALE- 2.5PARTIME... more
Econometrics

07/15/22

The sum of three consecutive numbers is 111. What is the smallest of the three numbers?

I don't know the answer please help.
Econometrics Finance Macroeconomics

04/28/22

How to find the difference between cash and savings

Basically, I am trying to find what percent savings accounts for in this problem. However, I am stuck on what actually constitutes as "savings."Question Image Link: https://ibb.co/kJMtNgLObviously,... more

04/25/22

The demand for wheat is price-inelastic and the income elasticity is positive but less than +1.0. Use this information to answer the following questions.

The demand for wheat is price-inelastic and the income elasticity is positive but less than +1.0. Use this information to answer the following questions. A) Holding everything else constant, if the... more
Econometrics

02/28/22

Econometric test prep, please help!

A. Show that under Gauss-Markov assumptions, for a multiple linear regression model:𝑦 = 𝛽0 + 𝛽1𝑥1 + ⋯ + 𝛽k𝑥k + 𝜀OLS estimators for β0, β1, …, βk, 𝛽̂0. 𝛽̂1, ⋯ , 𝛽̂k are BLUE.B. Show that omitting... more

01/30/22

The demand and supply schedules for chewing gum are:

Price Quantity demanded Quantity supplied (dollar per pack) (millions of packs a week) (millions of packs a week) ... more
Econometrics

12/04/21

chapter 17 question 17-24

 Bohr Paint Company has annual sales of $12 million per year. If there is a profit of $5000 per day with 7 days per week operation, what is the total yearly business expense? All... more
Econometrics Finance Macroeconomics

10/11/21

Are US jobs data really weak?

The US economy created 194K jobs in September, well below the 490K-500K expected. Furthermore, employment estimates from ADP and weekly jobless claims set up even stronger data, highlighting the... more
Econometrics Statistics Economics Proofs

10/03/21

Covariance Alternative Formula

Can someone show how this is equivalent? Cov (X,Y) = E[X(Y – μY)] thank you in advance!

06/06/21

How do you calculate the confidence intervals for a population mean with only the sample mean and sample standard deviation?

I have a random sample and need to calculate the 95% confidence interval for the population mean(sample mean = 1076sample standard deviation = 80.61sample size is n=5)

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