Assessment 3_S3 2022 final-1
.pdf
keyboard_arrow_up
School
Royal Melbourne Institute of Technology *
*We aren’t endorsed by this school
Course
1313
Subject
Economics
Date
Apr 3, 2024
Type
Pages
8
Uploaded by ChancellorCrow18008
Page 1
of 8
RMIT Classification: Trusted ECON 1313: BASIC ECONOMETRICS SEMESTER 3, 2022 Assessment 3 Empirical Team Project Report (40%)
Due: Week 11 on Wednesday Jan 11, 2023 at 11:59 AM INSTRUCTIONS: Please read this instruction carefully. Your submission needs: •
To be submitted in in TII through Canvas •
Less than 3,500 words
(excluding references, any Appendix and tables reporting regression results from R). The font used should be Times New Roman 12pt. Include page numbers in either the footer or the header). Please note that a
n Appendix
contains information that is not essential
to your report, but supports your analysis and discussion. If you put important information or discussion in an appendix, it will not be marked.
•
Please do not copy the question parts to avoid a high similarity rate in TurnItIn. •
You need to submit Word file NOT a
PDF file. Texts with PDF format or images will not be marked (excluding texts in graphs). •
You need to report the regression results from R in tables, and not the results directly from R (see the template at the end of the instruction). •
Penalties:
o
Late work
: Deduction of 10% of the assessed mark
of each day late. The deduction will be calculated on a pro-rated basis. o
Word limit:
deduct 5% of the assessed mark for each 100 words over the word limit. An additional 10% of the assessed mark will be deducted for report with no word counts or providing an incorrect word count on the cover page. o
Deduction of 5% of the assessed mark
for inappropriate reporting of regression results from R in the Word report. o
Deduction
of 10% of the assessed mark for each screen shot provided •
The front page of the report should state: (i) Your name and student number; (ii) The lecturer’s name; (iii) Your team number; (iv) an accurate word count •
Students need to
submit ALL of the following via Canvas. Reports with no Excel data files and R-
scripts submitted will not be marked. o
a Word report, o
Excel data files o
R-script •
Any assignments submitted more than 7 days after the due date will not be marked. •
Please note that RMIT treats plagiarism very strictly.
Page 2
of 8
RMIT Classification: Trusted You must submit the below table completed with your agreed percentage of contribution for each group member in your report after the cover page
. Group Members: Student ID First name Parts contributed Contribution % Signature Marks will be allocated based on the contribution of each team member. For example, if the team receives 25 marks and contribution of one member is 80%, then the mark of that team member will be (80% of 25) 20 marks. Any issues in regard to this team member’s relative contributions must be resolved by the group before submission of the assessment.
Page 3
of 8
RMIT Classification: Trusted Overview
This assessment task takes the form of a report, which your team will prepare as part of a consulting research assignment. The assignment should be structured to include the 3 main sections detailed below. SECTION A: CROSS-SECTIONAL DATA ANALYIS A multinational consulting firm has been approached by a client to do a consulting project on understanding potential factors which influence firm investment in businesses of several countries including Cambodia, India, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Thailand, Turkey, Uzbekistan and Vietnam. The client expects to understand the potential factors that influence firms’ investment in these countries. Your team is assigned to do this project and is required to submit a report. The project is to analyse the determinants of firms’ investment in a particular country by using a reliable dataset. Data of firms in a particular country was collected from World Bank in Enterprise Survey and is available on World Bank website via the link: https://www.enterprisesurveys.org/en/survey-datasets Your team will work on data of ONE
country which is assigned
by your lecturer. Link to download data and questionnaires of the surveys is found on Canvas
. PART 1A: Data extraction and cleaning Read the provided questionnaires in order to understand the information in the dataset provided. Extract data on the following variables from the dataset for your analysis. -
Firm investment
: total money spent on
any new or used fixed assets, such as machinery, vehicles, equipment, land or buildings (in LCUs) -
Firm sales:
total annual sales for all products and services (in LCUs) -
Firm age
: number of operating years (measured by subtracting year of beginning operation from the year of the survey) -
Firm size
: number of all employees and managers -
Legal status dummy
( 1= if firm is Sole proprietorship, 0 = others) -
Experience
: Working experiences of Top Manager (number of years of experience working in this sector of Top Manager) -
Gender
of Top Manager (1 = female, 0 = male) In the data cleaning process, you may need to recode some variables from the way they are measured in the dataset provided. Explain the data extraction and data cleaning process.
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help
Related Questions
arrow_forward
Oh no! Our expert couldn't answer your question.
Don't worry! We won't leave you hanging. Plus, we're giving you back one question for the inconvenience.
Here's what the expert had to say:
Hi and thanks for your question! This is a writing assignment that is out of scope of Q&A. If you need writing help, please click Contact Research (Essays) link at the bottom of the page. We've credited a question back to your account. Apologies for the inconvenience.
Ask Your Question Again
4 of 10 questions left
until 10/13/20
Question
Asked Sep 13, 2020
1 views
You are the new Governor of State Bank of Pakistan after Reza Baqir. For each of the situations listed below, decide if you would use Easy-Monetary policy or Tight-Monetary policy. Explain each scenario within 150 words.
Scenarios:(D). Unemployment is low and prices are rising steadily. (E). Unemployment rates are pushing 11 percent while the CPI has fallen from 8 percent to 2…
arrow_forward
Contour crafting was invented by a creative genius engineer whose idea was originally focused on constructing molds for industrial parts. He later expanded his thinking to rapid home and building construction to help during storm recovery. Think of it as 3-D printing of a home where electrical, plumbing, utilities, custom electronics, and such are installed as the home is "printed" layer by layer and potentially in one day. Precision computer-controlled near-concrete material is applied layer by layer by an apparatus with material feed, various controls for shaping in three dimensions, electronic connections, and for larger applications it uses lattice-like tower elements for support and control of the configuration. Consider a "CC Apparatus" of the appropriate size for contour crafting an industrial building. The initial cost is $215,000 and may be sold in year t for 0.6^t of the original price. Operating costs are $65,000 the 1st year, increasing by 6% per year. Due to the continual…
arrow_forward
E2
arrow_forward
Note: Plot your polnts In the order In which you would like them connected. Line segments will connect the polnts automatically.
200
175
ATC
150
125
AVC
100
MC
50
25
1
3
4
6
QUANTITY (Pairs of boots)
Grade It Now
Save & Continue
COSTS (Dollars per pair)
arrow_forward
Note: Do not use MATLAB or any other applications.
arrow_forward
Estimate the unit selling price of an item for which the following data is available.
Labor
10 hours at $48/hr
Overhead
170% of labor
Material Costs
$64 each
Packing Costs
20% of labor
Subcontract Cost
$13 each
25% of selling price
50% of selling price
Sales Commission
Profit
$5876.00 each
$6096.00 each
$367.25 each
$2612.00 each
arrow_forward
The following are the P/E ratios (price of stock divided by projected earnings per share) for 20 banks.
50, 19, 22, 21, 25, 18, 31, 21, 19, 14, 15, 18, 17, 34, 29, 23, 14, 18, 22, 22
Send data to calculator
Find 20" and 75" percentiles for these ratios.
(a)
The 20th
percentile:
(b)
The 75th percentile:|
Continue
Cip
40
4-
%23
%24
3.
6.
7.
R.
00
%24
arrow_forward
please help solve.
arrow_forward
Note:-
Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
Do not provide Excel Screet shot rather use tool table
Answer completely.
arrow_forward
According to the Descartes' rule, the number
of positive i* value for the following cash flow
is:
Year
1
2
3
4
5
Revenue, $
9,000
20,000 22,000 | 30,000 36,000 40,000
Cost, $
35,000 12,000 15,000 23,000 25,000 25,000 25,000
4
3
2
1
arrow_forward
Subject: Engineering Econ
arrow_forward
Adelphi Company provides the following information for their first year
of operations in 2018:
Sales
9,000 units @ $16 each
Total production
11,000 units
Production costs per unit:
Direct materials
Direct labor
Variable overhead
Fixed manufacturing overhead
$2.00
$4.00
$ 1.00
$13,000
Adelphi Company uses absorption costing. Use this information to
determine for Adelphi Company the FY 2018 Cost of Goods Sold.
arrow_forward
Previous question continued
arrow_forward
Problem 1 d only
arrow_forward
CA fiscal year runs from
Group of answer choices
Oct 1, 2014- Sept 30, 2015
Apr 1, 2014 – Mar 31, 2015
Jan 1, 2014 - Dec 31, 2014
July 1, 2014 – June 30, 2015
arrow_forward
Images
I More
About 680,000,000 results (0.49 seconds)
How to solve your problem
12(2k + 11) = 12(2k + 12)
Solve
Distribute
12(2k + 11) = 12(2k + 12)
%3D
24k + 132 = 12(2k + 12)
Distribute
Subtract 132 from both sides of the equation
3 more steps
Result
0=12
arrow_forward
help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working
arrow_forward
Based on his vast experience doing laundry, he knows how long each load will take in both the washer and the dryer. He glances at his watch; it is now 2:00 p.m. and he has to have the last load dry by 8:30 p.m. to be there in time. Help Mushtaq develop a schedule that will enable him to make his date on time and depict that schedule using a Gantt chart. Can he make it and, if so, by how much?
Load
Wash Time (hrs.)
Dry Time (hrs.)
Polyesters (P)
0.50
0.75
Leathers (L)
2.00
1.50
Whites (W)
0.75
1.25
Unmentionables (U)
1.00
1.25
Silks (S)
0.50
0.25
arrow_forward
Help me please, thank youuu, this is for financial math 2!!
arrow_forward
Only typed answer
When savings is 0, I is:
A) 500
B) 400
C) -400
D) 2000
E) 2400
arrow_forward
(E8) Hello! Please help me answer this one. Please refer to the given picture/s below for the questions. Please read the instructions and directions very carefully. Double and triple check your answers, previous tutors got it wrong.
NOTE: Type only your answers. Please do not handwritten your answers. Make sure your formulas, solutions and answers' format are all correct.
Answer no 3&4 only!
arrow_forward
While managing a project, you decide to prepare an email for the project
stakeholders describing the current project status. This is best described as
an example of:
A. Vertical communication
B. Nonverbal communication
C. Informal communication
D. Formal communication
Analogous Estimating is an estimation technique that use the values of
parameters such as scope, cost, budget and duration from a previous similar
activity as the basis of activity and is frequently used to estimate when there
is a limited amount of information about the project. This is a form of:
A. Gross value estimation
B. Function point estimation
C. Fixed point estimation
D. Precision Estimation
arrow_forward
Design Capacity
Planned Utilization
Operation
No. Equipment
(by equipment)
(overall)
A
1
400 units/hr
80%
B
4
100, 80, 150, 125
77%
C
1
350 units/hr
95%
D
2
190, 235
72.5%
With the process information provided in the preceding table, when the sequence of flow is A →
B (any machine can be used if available) → C-D (any machine can be used if available),
calculate the overall flow rate for:
а. Мaximum capacity
b. Effective capacity
arrow_forward
vate X
Student Portal | Main
CENGAGE MINDTAP
gage.com/static/nb/ui/evo/index.html?deploymentid=57962518850017814342930411958eISBN=9781337106603&id=1810088554&snapshotid=3502477&
Problems: Chapters 21 and 22
The cost the upstream mill incurs for producing enough paper (one "unit" of paper) to make one unit of boxes is $12.50.
X
Assume the two mills operate as separate profit centers, and the paper mill sets the price of paper. It follows that the marginal profitability of boxes
represents the highest price that the box division would be willing to pay the paper division for boxes.. Furthermore, assume that fixed costs are $0
for the paper mill.
Price
(Marginal
Profitability to
the Box Mill)
($)
The following table summarizes the quantity, total revenue, and marginal costs from the perspective of the paper mill for selling paper to the box mill
at various prices.
$40
$36
$32
$28
$24
$20
$16
$12
$8
$4
ECN-601 Class Resources
In the following table, fill in the marginal revenue, total…
arrow_forward
Can someone please read the description and answer the following questions please and thank you. I really need help with all 4!!! Please
arrow_forward
Urmilaben
arrow_forward
Question 4
XYZ Company manufactures and sells plates. Present sales output is 4,000,000 units
per year at a selling price of $.70 per unit. Fixed costs are $800,000 per year.
Variable costs are $.35 per unit.
What is the Contribution Margin for a year?
$1,400,000
$800,0000
1,600,000
$400,000
arrow_forward
Aa4
arrow_forward
The following table lists the components needed to assemble an end item, lead times (in weeks), and quantities on hand.
Item
Lead Time
Amounton Hand
Direct Components
End
1
0
L(2), C(1), K(3)
L
2
10
B(2), J(3)
C
3
15
G(2), B(2)
K
3
20
H(4), B(2)
B
2
30
J
3
30
G
3
5
H
2
0
Click here for the Excel Data File
a. If 43 units of the end item are to be assembled, how many additional units of B are needed? (Hint: You don’t need to develop an MRP plan.)
b. An order for the end item is scheduled to be shipped at the start of week 8. What is the latest week that the order can be started and still be ready to ship on time? (Hint: You don’t need to develop an MRP plan.)
arrow_forward
SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Economics (12th Edition)
Economics
ISBN:9780134078779
Author:Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:9780134870069
Author:William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:PEARSON
Principles of Economics (MindTap Course List)
Economics
ISBN:9781305585126
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Managerial Economics: A Problem Solving Approach
Economics
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-...
Economics
ISBN:9781259290619
Author:Michael Baye, Jeff Prince
Publisher:McGraw-Hill Education
Related Questions
- arrow_forward Oh no! Our expert couldn't answer your question. Don't worry! We won't leave you hanging. Plus, we're giving you back one question for the inconvenience. Here's what the expert had to say: Hi and thanks for your question! This is a writing assignment that is out of scope of Q&A. If you need writing help, please click Contact Research (Essays) link at the bottom of the page. We've credited a question back to your account. Apologies for the inconvenience. Ask Your Question Again 4 of 10 questions left until 10/13/20 Question Asked Sep 13, 2020 1 views You are the new Governor of State Bank of Pakistan after Reza Baqir. For each of the situations listed below, decide if you would use Easy-Monetary policy or Tight-Monetary policy. Explain each scenario within 150 words. Scenarios:(D). Unemployment is low and prices are rising steadily. (E). Unemployment rates are pushing 11 percent while the CPI has fallen from 8 percent to 2…arrow_forwardContour crafting was invented by a creative genius engineer whose idea was originally focused on constructing molds for industrial parts. He later expanded his thinking to rapid home and building construction to help during storm recovery. Think of it as 3-D printing of a home where electrical, plumbing, utilities, custom electronics, and such are installed as the home is "printed" layer by layer and potentially in one day. Precision computer-controlled near-concrete material is applied layer by layer by an apparatus with material feed, various controls for shaping in three dimensions, electronic connections, and for larger applications it uses lattice-like tower elements for support and control of the configuration. Consider a "CC Apparatus" of the appropriate size for contour crafting an industrial building. The initial cost is $215,000 and may be sold in year t for 0.6^t of the original price. Operating costs are $65,000 the 1st year, increasing by 6% per year. Due to the continual…arrow_forwardE2arrow_forward
- Note: Plot your polnts In the order In which you would like them connected. Line segments will connect the polnts automatically. 200 175 ATC 150 125 AVC 100 MC 50 25 1 3 4 6 QUANTITY (Pairs of boots) Grade It Now Save & Continue COSTS (Dollars per pair)arrow_forwardNote: Do not use MATLAB or any other applications.arrow_forwardEstimate the unit selling price of an item for which the following data is available. Labor 10 hours at $48/hr Overhead 170% of labor Material Costs $64 each Packing Costs 20% of labor Subcontract Cost $13 each 25% of selling price 50% of selling price Sales Commission Profit $5876.00 each $6096.00 each $367.25 each $2612.00 eacharrow_forward
- The following are the P/E ratios (price of stock divided by projected earnings per share) for 20 banks. 50, 19, 22, 21, 25, 18, 31, 21, 19, 14, 15, 18, 17, 34, 29, 23, 14, 18, 22, 22 Send data to calculator Find 20" and 75" percentiles for these ratios. (a) The 20th percentile: (b) The 75th percentile:| Continue Cip 40 4- %23 %24 3. 6. 7. R. 00 %24arrow_forwardplease help solve.arrow_forwardNote:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Do not provide Excel Screet shot rather use tool table Answer completely.arrow_forward
- According to the Descartes' rule, the number of positive i* value for the following cash flow is: Year 1 2 3 4 5 Revenue, $ 9,000 20,000 22,000 | 30,000 36,000 40,000 Cost, $ 35,000 12,000 15,000 23,000 25,000 25,000 25,000 4 3 2 1arrow_forwardSubject: Engineering Econarrow_forwardAdelphi Company provides the following information for their first year of operations in 2018: Sales 9,000 units @ $16 each Total production 11,000 units Production costs per unit: Direct materials Direct labor Variable overhead Fixed manufacturing overhead $2.00 $4.00 $ 1.00 $13,000 Adelphi Company uses absorption costing. Use this information to determine for Adelphi Company the FY 2018 Cost of Goods Sold.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Principles of Economics (12th Edition)EconomicsISBN:9780134078779Author:Karl E. Case, Ray C. Fair, Sharon E. OsterPublisher:PEARSONEngineering Economy (17th Edition)EconomicsISBN:9780134870069Author:William G. Sullivan, Elin M. Wicks, C. Patrick KoellingPublisher:PEARSON
- Principles of Economics (MindTap Course List)EconomicsISBN:9781305585126Author:N. Gregory MankiwPublisher:Cengage LearningManagerial Economics: A Problem Solving ApproachEconomicsISBN:9781337106665Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike ShorPublisher:Cengage LearningManagerial Economics & Business Strategy (Mcgraw-...EconomicsISBN:9781259290619Author:Michael Baye, Jeff PrincePublisher:McGraw-Hill Education
Principles of Economics (12th Edition)
Economics
ISBN:9780134078779
Author:Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:9780134870069
Author:William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:PEARSON
Principles of Economics (MindTap Course List)
Economics
ISBN:9781305585126
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Managerial Economics: A Problem Solving Approach
Economics
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-...
Economics
ISBN:9781259290619
Author:Michael Baye, Jeff Prince
Publisher:McGraw-Hill Education