The following information regarding a dependent variable y and an independent variable x is provided. Find the slope of the regression equation. Ex = 90 Ey = 340 n = 4 SSR = 103 E(y - )(x - X) E(x – x)2 = 236 E(y - y)2 = 1,978 = -153 %3D %3D Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a -0.648 b -0.265 0.265
Q: A vertical long-run aggregate supply curve indicates that O policies that shift the aggregate demand…
A: Long run supply curve is vertical line which only can shift if there is productive shift or change…
Q: Georgina decides to take a dozen cupcakes to school to sell so she can raise money for her school…
A: The market model is used to show how supply and demand interact to determine prices and the number…
Q: explain when and how the government intervenes in the economy
A: In a free market economy, the resources of production are usually owned by the private individuals…
Q: What could the remedy be in this case? Could the buyer even have a right to compensation, even if…
A: The International Sales Contract Advisory Council (CISG-AC) has the responsibility of governing…
Q: What is the quantity supplied and demanded at P = 220? Excess supply or excess demand, which one…
A: Excess supply refers to a situation where the quantity supplied of a particular commodity is greater…
Q: Suppose that you are hired as business consultant for a company, and after collecting data you…
A: Profit is a function of Price(P) and advertising (A)
Q: A company is deciding whether to keep its presently owned vehicle for business purposes or purchase…
A: Given that, Cost of new car =$55,000Maintenance cost =$1400Salvage value =41% of the original…
Q: The following are the cost information of a typical ice tea company in an industry with 100 firms.…
A: Answer - Long run equilibrium - In long run all the variables are free to vary and long run…
Q: 6. Producer surplus and price changes The following graph shows the supply curve for a group of…
A: Producer surplus is the difference between market price and minimum price sellers are willing to…
Q: Question 5 Cost data of a machine is shown in the following table with an annual rate of 12%.…
A: Hi! Thank you for the question. As per the honor code, We’ll answer the first question since the…
Q: Question 5 A function g(z) is strictly increasing if g'(z) > 0 on its domain. Assume the supply and…
A: Given information Qs=S(P)--- quantity supplied is the function of P Qd=D(P+T,Y)---quantity demanded…
Q: Use the AD/AS framework to explain how the economy adjusts in the short run and the long run to each…
A: Disclaimer :- As you posted multipart questions we are supposed to solve the first 3 questions only…
Q: Question 24 In the definition of marginal propensity to consume, marginal refers to the amount of…
A: Consumption function is a sum of autonomous and induced consumption. Autonomous consumption is…
Q: Discuss the limitations of the use of the Gross Domestic Product(GDP) as a measurement of…
A: The total worth of products and services produced in an economy during a given time period is…
Q: 1. Welfare analysis - Basic concepts Identify whether each of the following statements best…
A: Consumer surplus is the contrast between consumer will follow through on and cost he really pays.…
Q: 2. The price-demand equation, D(x), and the price-supply equation, S(x), of a Slow Cooker are given…
A: P = (k-x)/4 S(x) = 0.25x2 +7 When P = $15, the CS = $200/
Q: explain how taxes and subsidies can be used to internalize externality. Next, give an example of the…
A: Tax is an obligatory instalment to the public authority by the pay gatherings. The subsidy is an…
Q: Wayne won $100,000 on a LottoMax ticket and now he wants to buy a Mercedes. Wayne's willingness and…
A: Wayne has accumulated a wealth of 100000 and now he wants to buy Mercedes with that money
Q: Determine which option, if any, should be chosen based on net present worth using a 8% interest…
A: Project A First cost=$5000 Uniform Annual Benefit = $1100 Useful life=5 Year Project B=10200 Uniform…
Q: The purpose of the coordination of benefit clause found in group policies is to: A: promote over…
A: The Coordination of Benefits (COB) clause in group policies is included to eliminate duplication of…
Q: how was EVwSample info calculated for this problem?
A: Given:- state-of-nature probabilities are- P(s1) = 0.35, P(s2) = 0.35, P(s3) = 0.30. Condition…
Q: Compare the new demand curve or supply curve by drawing it on the same graph. Find the new…
A:
Q: In macroeconomics the term investment mostly refers to O businesses' purchases of new buildings and…
A: Macroeconomics is the branch of economics that deals with issues concerning the economy as a whole.
Q: A profit maximizing firm produces output using capital, K, and labour, L, in the following…
A:
Q: For each of the following monetary policy tools: A. The BSP buys securities in the open market. B.…
A: The Central Bank of a nation uses the monetary policy to check and balances the interest rate and…
Q: Discuss why the expectations-augmented Phillips curve can explain what has happened to the…
A: According to the Phillips curve, inflation and unemployment are inversely related: as unemployment…
Q: With respect to the concept of inflation, it is correct to say that ________. options: A)…
A: Inflation is the rate of increase in average price level of goods and services
Q: If you are given a budget line shown as 7BL2 and the price of food is PHP 10 per unit while the…
A: Given, Consumer's income = PHP 150 Price of food = PHP 10 per unit Price of cloth = PHP 20 per unit…
Q: Since the Russian invasion of Ukrain in February 2022 the crude oil price has skyrocketed worldwide…
A: Volatility is the standard deviation of a stock's annualized returns over a given period and shows…
Q: 9. Below is the total benefit Kenneth estimates he would get for jars of chocolate-flavored hazelnut…
A: We will answer the first question since the exact one was not specified. Please submit a new…
Q: The reason why monetary policy is neutral in the long-run is: In the long-run, technological change…
A: Monetary policy refers to change in money supply.
Q: Discuss the main contributions of 1 economist that influenced by John Maynard Keynes (Keynesianism,…
A: Joan Violet Robinson was a Keynesian economist who was undoubtedly the only great female economist…
Q: If output is $7500, the level of capital is 600, capital's share of total income is 0.6, and the…
A: The central idea of neoclassical distribution theory is that money is earned through the production…
Q: Suppose the demand for good X is given by Qdx = 20 - 6Px + Py + M. The price of good X is $5, the…
A: In economics, income is the amount of cash that someone or corporation earns with the aid of using…
Q: With the help of diagrams, explain the effects of expansionary and contractionary monetary and…
A: Monetary policy The policy of the central bank or monetary authority is called is referred to as a…
Q: With the helps of diagrams of money market, IS-LM and AS-AD, demonstrate and explain the effects of…
A: The money demand curve shows the inverse relationship between interest rate and the quantity of…
Q: Fruit prices and the amounts consumed for 2010 and 2018 are shown. Use 2010 as the base Price se.24…
A: Price Index is the index that shows the level of prices of goods and services in a year. It is used…
Q: What is the annual interest rate if a $15,000 investment receives $365 in 4 months?
A: Annual interest rate is the interest rate which is received on an investment annually.
Q: Use 2-diagrams, one for unionized and the other for non-unionized sector where both markets are…
A: An unionized workplace is a procedure of managing the employees of a company into a labor union in…
Q: A fam han the production function F(L, K)- 2 min(L, 10K). The curent input level in (L. K)- (12, 1).…
A: The marginal product of capital (MPK) measures the change in output produced due to the change in…
Q: Directions: Discuss each task of a professional safety engineer using well thought of responses. The…
A: A very much planned mishap obstacle program can downsize laborer injury, awfulness and passing…
Q: 4. A nation has an adult population of 75 million people. There are 45 million employed people and…
A: Since you have posted multiple questions, as per the guidelines we can solve only one question per…
Q: Below are some data from the productions of milk and honey. a) Compute nominal GDP, real GDP, and…
A: The entire monetary worth of all of the final products and services produced within the geographical…
Q: 45. Use the graph to answer the question that follows. Which of the following can cause the…
A: Answer is given below
Q: however, option e mentions upward sloping straight line, did you simply mean upward sloping curve or…
A: The preferences of Goluki are determined by U(q1, q2) = q11/3 + q21/3 Where, q1 is the number of…
Q: Suppose the society's preferences (w) for quantity (q) and variety (n) can be categorized by the…
A: Optimal input proportions are utilized when an extra dollar spent on any input yields a similar…
Q: Consider a company whose long run total cost function is TC= 200q -20q^2 +q^3 and whose marginal…
A: MC cuts intersect ATC at its minimum point. So, at MC = ATC we get the quantity level at which ATC…
Q: Suppose you purchase a $1,500 TIPS on January 1, 2020. The bond carries a fixed coupon rate of 5.5…
A: Given information: Purchase price = $1500 Fixed coupon rate = 5.5%
Q: Upon purchase of a brandnew asset, the capitalized cost would be different from its replacement…
A: Depreciation means the reduction in the value of fixed assets over period of time. It help to…
Q: Consider the following economy with two goods, x and y, and two consumers, A and B. The tastes of…
A: Pareto -efficient points refers to those equilibrium points deviating from which no person can be…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images
- Use graphical method to solve the following LPP: Maximise Z = x +4y Subject to the constraints: x + y < 1 2x + 2y 2 4 *2 0, y 2 0A sailing regatta hosted by Royal Yacht Club initially had 40 participants sign up which generated $350 for the yacht club. Another 70 participants (now a total of 110) signed up before the deadline which generated a grand total of $1750 for the yacht club. Write a graph linear equation to model the money earned in terms of the number of participants in the regatta.The following data relate the sales figures of restaurant, to the number of customers registered that week: Week Customers Sales (SR) First 16 330 Second 12 270 Third 18 380 Fourth 14 300 a) Perform a linear regression that relates bar sales to guests (not to time). b) If the forecast is for 20 guests next week, what are the sales expected to be?
- QUESTION 1 Suppose a researcher collects data on houses that have been sold in a particular neighbourhood over the past year, and obtains the regressions results in the table shown below. This table is used for Questions 1-6. Dependent variable: In(Price) Regressor (1) (2) (3) (4) (5) 0.00042 (0.000038) Size In(Size) 0.57 (2.03) 0.69 0.68 0.69 (0.055) (0.054) (0.087) In(Size)² 0.0078 (0.14) Bedrooms 0.0036 (0.037) Рol 0.082 0.071 0.071 0.071 0.071 (0.032) (0.034) (0.034) (0.036) (0.035) 0.037 0.027 0.026 0.027 0.027 (0.030) View (0.029) (0.028) (0.026) (0.029) Pool x View 0.0022 (0.10) 0.12 (0.035) Condition 0.13 0.12 0.12 (0.035) 0.12 (0.045) (0.035) (0.036) 6.63 (0.53) Intercept 10.97 6.60 7.02 6.60 (0.069) (0.39) (7.50) (0.40) Summary Statistics SER 0.102 0.098 0.099 0.099 0.099 R? 0.72 0.74 0.73 0.73 0.73 Variable definitions: Price = sale price ($); Size = house size (in square feet); Bedrooms = number of bedrooms; Pool = binary variable (1 if house has a swimming pool, 0…Given the following summary statistics, determine the regression equation used to predict y from Ta Round all answers to 2 decimal places. slope - y-intercept Sy SI T 15 Y 1.02 1.6 -0.71 20.65 77-9 Use the exact value of slope when calculating the y-intercept.Numerical Answer Only Type Question Enter the numerical value only for the correct answer in the blank box. If a decimal point appears, round it to two decimal places. Assume that the number of visits by a particular customer to a mall located in downtown Toronto is related to the distance from the customer's home. The following regression analysis shows the relationship between the number of times a customer visits(Y)per month and the distance(X, measured in km) from the customer's home to the mall. \[ Y=15-0.5 X \] A customer who lives30 kmaway from the mall will visi______ who lives10 km away. less times than a customer
- An economic researcher has been asked to determine the relationship between a proposed local sales tax on beef and local tax revenues. He has estimated that the maximum tax revenue will occur at a tax rate of 6%, which will yield tax revenues of $5,000. Using the 3-point curved line drawing tool, show the approximate relationship between tax rates and tax revenues, as based on this research. Label the curve 'Laffer'. Carefully follow the instructions above, and only draw the required objects. Tax Revenues (thousands) 10₁ 9- 1- 0- 0 1 2 3 4 5 6 7 Sales Tax Rate (%) 8 9 10You estimated a regression with the following output. Source | SS df MS Number of obs = 289 -------------+---------------------------------- F(1, 287) = 41986.64 Model | 664544048 1 664544048 Prob > F = 0.0000 Residual | 4542496.25 287 15827.5131 R-squared = 0.9932 -------------+---------------------------------- Adj R-squared = 0.9932 Total | 669086544 288 2323217.17 Root MSE = 125.81 ------------------------------------------------------------------------------ Y | Coef. Std. Err. t P>|t| [95% Conf. Interval] -------------+---------------------------------------------------------------- X | 43.81013 .2138056 204.91 0.000 43.38931 44.23096 _cons | 49.31707 16.96222 2.91 0.004 15.93094 82.70319…The table lists weights (pounds) and highway mileage amounts (mpg) for seven automobiles. Use the sample data to construct a scatterplot. Use the first variable for the x-axis. Based on the scatterplot, what do you conclude about a linear correlation? Weight (lb) Highway (mpg) Which scatterplot below shows the data? O A. 40- 20+ 2000 5000 2855 3050 3810 3985 4250 2275 3525 33 32 27 24 22 39 28 Weight (lb) Q Q O B. 40 20+ 2000 AHH 5000 Weight (lb) Q Q Is there a linear relationship between weight and highway mileage? O A. No, there appears to be a relationship, but it is not linear. O B. Yes, as the weight increases the highway mileage decreases. O C. Yes, as the weight increases the highway mileage increases. OD. No there appears to be no relationshin C O C. Q 40- M Q 20++ 2000 5000 Weight (lb) Highway ( O D. Highway (mpg) 40- 20+ 2000 5000 Weight (lb) Q
- Water is being poured into a large, cone-shaped cistern. The volume of water, measured in cm³, is reported at different time intervals, measured in seconds. A regression analysis was completed and is displayed in the computer output. Regression Analysis: cuberoot (Volume) versus Time Predictor Coef SE Coef Constant -0.006 0.00017 -35.294 0.000 Time 0.640 0.000018 35512.6 0.000 s=0.030 R-Sq=1.000 R-sq (adj)=1.000 What is the equation of the least-squares regression line? Volume = 0.640 - 0.006(Time) Volume = 0.640 - 0.006(Time) Volume = -0.006 + 0.640(Time) Volume = - 0.006 + 0.640(Time?)Question: a) Calculate Regression Analysis of the data. b) Calculate Profit of a shop for 45 units sales5. The following estimated equation was obtained by OLS regression using quarterly data for 1978 to 1996 inclusive. Yt = 2.20+ 0.104Xt₁ - 3.48 Xt₂ + 0.34Xt3 (3.4) (0.005) (2.2) (0.15) Standard errors are in parentheses, the explained sum of squares was 109.6, and the residual sum of squares 18.48. a. Test at the 5% level for the statistical significance of the parameter estimates. b. Calculate the coefficient of determination.