Essential Statistics
2nd Edition
ISBN: 9781259570643
Author: Navidi
Publisher: MCG
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Chapter 11, Problem 1CS
To determine
Construct a
Identify any strong nonlinearity.
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Q1. The table provided gives data on indexes of output per hour (X) and real compensation per hour (Y) for the business and nonfarm business sectors of the U.S. economy for 1960–2005. The base year of the indexes is 1992 = 100 and the indexes are seasonally adjusted.
a. Plot Y against X for the two sectors separately.
b. What is the economic theory behind the relationship between the two variables? Does the scattergram support the theory?
c. Estimate the OLS regression of Y on X.
Note: on the table ( 1. Output refers to real gross domestic product in the sector. 2. Wages and salaries of employees plus employers’ contributions for social insurance and private benefit plans. 3. Hourly compensation divided by the consumer price index for all urban consumers for recent quarters.)
Thank you!
Q. Table provided gives data on gross domestic product (GDP) for the United States for the years 1959–2005.
a. Plot the GDP data in current and constant (i.e., 2000) dollars against time.
b. Letting Y denote GDP and X time (measured chronologically starting with 1 for 1959, 2 for 1960, through 47 for 2005), see if the following model fits the GDP data:
Yt = β1 + β2 Xt + ut
Estimate this model for both current and constant-dollar GDP.
c. How would you interpret β2?
d. If there is a difference between β2 estimated for current-dollar GDP and that estimated for constant-dollar GDP, what explains the difference?
e. From your results what can you say about the nature of inflation in the United States over the sample period?
(a) For United States, provide data for the variables below over the years 1993 – 2007:
(i) Net migration rate (per 1,000 population)
(ii) Total fertility rate (live births per woman)
(iii)Unemployment, general level (Thousands)
(iv) Wages
(v) Life expectancy at birth for both sexes combined (years)
Data can be obtained from the UN database http://data.un.org/Explorer.aspx
Using R-Studio, estimate a regression equation to determine the effect of unemployment, general level, wages and life expectancy at birth for both sexes on the net migration rate. (All codes and regression output should be provided).(b) Using R-Studio redo the regression analysis with the total fertility rate as an additionalindependent variable. (All codes and regression output should be provided).(i) Write down the regression equation. (ii) Use the 5% level of significance, determine and discuss whether the total fertilityrate has a significant impact on the net migration rate in your assigned country.…
Chapter 11 Solutions
Essential Statistics
Ch. 11.1 - Prob. 1CYUCh. 11.1 - Prob. 2CYUCh. 11.1 - Prob. 3CYUCh. 11.1 - Prob. 4CYUCh. 11.1 - Prob. 5CYUCh. 11.1 - Prob. 6CYUCh. 11.1 - Prob. 7CYUCh. 11.1 - Prob. 8CYUCh. 11.1 - Prob. 9ECh. 11.1 - Prob. 10E
Ch. 11.1 - Prob. 11ECh. 11.1 - Prob. 12ECh. 11.1 - Prob. 13ECh. 11.1 - Prob. 14ECh. 11.1 - Prob. 15ECh. 11.1 - Prob. 16ECh. 11.1 - Prob. 17ECh. 11.1 - Prob. 18ECh. 11.1 - Prob. 19ECh. 11.1 - Prob. 20ECh. 11.1 - Prob. 21ECh. 11.1 - Prob. 22ECh. 11.1 - Prob. 23ECh. 11.1 - Prob. 24ECh. 11.1 - Prob. 25ECh. 11.1 - Prob. 26ECh. 11.1 - Prob. 27ECh. 11.1 - In Exercises 25–30, determine whether the...Ch. 11.1 - Prob. 29ECh. 11.1 - Prob. 30ECh. 11.1 - Prob. 31ECh. 11.1 - Prob. 32ECh. 11.1 - 33. Pass the ball: The NFL Scouting Combine is an...Ch. 11.1 - 34. Carbon footprint: Carbon dioxide (CO2) is...Ch. 11.1 - 35. Foot temperatures: Foot ulcers are a common...Ch. 11.1 - Prob. 36ECh. 11.1 - Prob. 37ECh. 11.1 - Prob. 38ECh. 11.1 - Prob. 39ECh. 11.1 - Prob. 40ECh. 11.1 - Prob. 41ECh. 11.1 - Prob. 42ECh. 11.1 - Prob. 43ECh. 11.2 - 1. The following table presents the percentage of...Ch. 11.2 - 2. At the final exam in a statistics class, the...Ch. 11.2 - 3. For each of the following plots, interpret the...Ch. 11.2 - Prob. 4CYUCh. 11.2 - Prob. 5ECh. 11.2 - In Exercises 5–7, fill in each blank with the...Ch. 11.2 - Prob. 7ECh. 11.2 - Prob. 8ECh. 11.2 - In Exercises 8–12, determine whether the statement...Ch. 11.2 - Prob. 10ECh. 11.2 - Prob. 11ECh. 11.2 - Prob. 12ECh. 11.2 - Prob. 13ECh. 11.2 - Prob. 14ECh. 11.2 - Prob. 15ECh. 11.2 - Prob. 16ECh. 11.2 - Prob. 17ECh. 11.2 - Prob. 18ECh. 11.2 - Prob. 19ECh. 11.2 - Prob. 20ECh. 11.2 - Prob. 21ECh. 11.2 - Prob. 22ECh. 11.2 - Prob. 23ECh. 11.2 - Prob. 24ECh. 11.2 - Prob. 25ECh. 11.2 - Prob. 26ECh. 11.2 - 27. Blood pressure: A blood pressure measurement...Ch. 11.2 - Prob. 28ECh. 11.2 - 29. Interpreting technology: The following display...Ch. 11.2 - Prob. 30ECh. 11.2 - Prob. 31ECh. 11.2 - Prob. 32ECh. 11.2 - Prob. 33ECh. 11.2 - Prob. 34ECh. 11.2 - Prob. 35ECh. 11.3 - Prob. 1CYUCh. 11.3 - Prob. 2CYUCh. 11.3 - Prob. 3CYUCh. 11.3 - Prob. 4CYUCh. 11.3 - Prob. 5CYUCh. 11.3 - Prob. 6CYUCh. 11.3 - Prob. 7ECh. 11.3 - Prob. 8ECh. 11.3 - Prob. 9ECh. 11.3 - Prob. 10ECh. 11.3 - Prob. 11ECh. 11.3 - Prob. 12ECh. 11.3 - Prob. 13ECh. 11.3 - Prob. 14ECh. 11.3 - Prob. 15ECh. 11.3 - Prob. 16ECh. 11.3 - Prob. 17ECh. 11.3 - Prob. 18ECh. 11.3 - Calories and protein: The following table presents...Ch. 11.3 - Prob. 20ECh. 11.3 - Butterfly wings: Do larger butterflies live...Ch. 11.3 - Blood pressure: A blood pressure measurement...Ch. 11.3 - Prob. 23ECh. 11.3 - Prob. 24ECh. 11.3 - Getting bigger: Concrete expands both horizontally...Ch. 11.3 - Prob. 26ECh. 11.3 - Prob. 27ECh. 11.3 - Prob. 28ECh. 11.3 - Prob. 29ECh. 11.3 - Prob. 30ECh. 11.3 - Prob. 31ECh. 11.4 - Prob. 1CYUCh. 11.4 - Prob. 2CYUCh. 11.4 - Prob. 3ECh. 11.4 - Prob. 4ECh. 11.4 - Prob. 5ECh. 11.4 - Prob. 6ECh. 11.4 - Prob. 7ECh. 11.4 - Prob. 8ECh. 11.4 - Prob. 9ECh. 11.4 - Prob. 10ECh. 11.4 - Calories and protein: Use the data in Exercise 19...Ch. 11.4 - Prob. 12ECh. 11.4 - Butterfly wings: Use the data in Exercise 21 in...Ch. 11.4 - Prob. 14ECh. 11.4 - Prob. 15ECh. 11.4 - Prob. 16ECh. 11.4 - Prob. 17ECh. 11.4 - Prob. 18ECh. 11.4 - Prob. 19ECh. 11.4 - Prob. 20ECh. 11.4 - Prob. 21ECh. 11 - Prob. 1CQCh. 11 - Prob. 2CQCh. 11 - Prob. 3CQCh. 11 - Prob. 4CQCh. 11 - Prob. 5CQCh. 11 - Prob. 6CQCh. 11 - Prob. 7CQCh. 11 - Prob. 8CQCh. 11 - Prob. 9CQCh. 11 - Prob. 10CQCh. 11 - Prob. 11CQCh. 11 - Prob. 12CQCh. 11 - Prob. 13CQCh. 11 - Prob. 14CQCh. 11 - Prob. 15CQCh. 11 - Prob. 1RECh. 11 - Prob. 2RECh. 11 - Prob. 3RECh. 11 - Prob. 4RECh. 11 - Prob. 5RECh. 11 - Prob. 6RECh. 11 - Prob. 7RECh. 11 - Prob. 8RECh. 11 - Prob. 9RECh. 11 - Prob. 10RECh. 11 - Prob. 11RECh. 11 - Prob. 12RECh. 11 - Prob. 13RECh. 11 - Interpret technology: The following TI-84 Plus...Ch. 11 - Prob. 15RECh. 11 - Prob. 1WAICh. 11 - Prob. 2WAICh. 11 - Prob. 3WAICh. 11 - Prob. 4WAICh. 11 - Prob. 5WAICh. 11 - Prob. 6WAICh. 11 - Prob. 7WAICh. 11 - Prob. 1CSCh. 11 - Prob. 2CSCh. 11 - Prob. 3CSCh. 11 - Prob. 4CSCh. 11 - Prob. 5CSCh. 11 - Prob. 6CSCh. 11 - Prob. 7CSCh. 11 - Prob. 8CSCh. 11 - Prob. 9CSCh. 11 - Prob. 10CSCh. 11 - Prob. 11CS
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