135 Answered Questions for the topic econometrics

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
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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
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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
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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
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01/11/22

What is meant by “Ridge to Reef (R2R),” and why is it important?
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Econometrics

12/16/21

CAN ANYONE PLEASE HELP ME WITH THIS QUESTION I WOULD REALLY APPRECIATE IT :)
Because they must support huge _________, command economies are less efficient.a. Workers’ familiesb. Bureaucracy.c. Welfare paymentsd. Military
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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
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Econometrics

11/28/21

What is our independent variable and what is our dependent variables
Area name, employment rate, gross annual pay, population, average age, house prices
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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
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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!
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Econometrics

07/02/21

Can you find out regression equation of x on y from regression equation of y on x? Justify with special reference to principle of least squares.
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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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02/08/21

The labor productivity

An employee produces 15 parts during a in which he made $90 what is the labor productivity? a) $1350b) $90c)$0.167d)$5e)$6
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02/06/21

Number of hours

A small metal shop operates 10 hours each day, producing 100 parts/hour . If productivity were increased 20 how many hours would the plant have to work to produce 1000 parts? A) less than 2 hours... more
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Econometrics Statistics

01/31/21

Econometric class / stats question

A foreign auto manufacturer claims that its sport car(selling for $60,000) gets, on average at least 30 mi./gal. Totest this claim, the Consumer Protection Agency hires the G&LResearch Lab to... more
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12/13/20

What is the present worth of the depreciation tax held?
Company A purchases $200,000 of equipment in year zero. It decides to use straight-line depreciation over the expected 20 years life of the equipment. The interest rate is 14%. If its average tax... more
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10/28/20

Answer true or false, with a brief explanation.
Answer true or false, with a brief explanation.1. Monopolies are always bad for consumers.2. The supply curve of a monopolist is upward sloping.3. Monopolies charge the highest price a consumer is... more
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10/09/20

Finding the New Level of Quantity Demanded
Consider the following hypothetical market. The equilibrium price is $10 and the equilibrium quantity is 20 units. The own-price elasticity of demand is -0.5 and the own-price elasticity of supply... more
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10/09/20

Finding Cross-Price Elasticity of Demand
Tech Zone sells two types of tablets, A and B. Suppose that a 20% increase in the price of tablet A causes a 50% decrease in the quantity demanded for tablet A, a 10% increase in the quantity... more
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Econometrics

06/05/20

Econometrics questions help
1. For two generic random variables Zi and Wi the Law of Iterated Expectations (LIE) says that:E[Wi] = EZ [E[Wi|Zi]] E[Zi] = EW [E[Zi|Wi]]You are given the following regression model:Yi = β0 + β1Xi... more
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Econometrics Statistics

06/01/20

ARIMA model, tools, diagnostic problem
Describe the diagnostic tools you would use to determine if your model is appropriate! What can we learn from these tools? Why do we care? Which tests are used to detect the diagnostic... more
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Econometrics Statistics

05/28/20

What type of AR/MA model is this equation?
The model is yt = αyt-1 + et, where et =ρet-1 + ut and ut is white noise. What type of AR/MA process is this? I think its AR(2) but I am not sure...
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04/30/20

How many two-way interaction terms can be included in a regression model and are there any necessary considerations which apply in interpretation?
A model which looks like this Y=b0+X1+X2+X3+X4+(X1*X2)+(X1*X3)+(X1*X4) is X1 was a dummy variable = female.
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03/24/20

The price elasticity of demand for medical devices is about -0.25 to -.30.

The price elasticity of demand for medical devices is about -0.25 to -.30. Suppose you were an economist for the medical device industry. How could you use this information to help forecast... more
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03/24/20

For the demand equation, P = 2,000 – 2Q, answer the following:
For the demand equation, P = 2,000 – 2Q, answer the following:a. What is the vertical intercept? b. What is the horizontal intercept? Must show calculations. c. What is the slope?
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