Can someone walk me through how to find this using excel? I am studying for my final and I am so lost on the first one. The PowerPoint from class is not helping either 1. If the location quotient (LQ) of employment in the furniture industry for Guilford county isgreater than 1, it means that(a) There is a relative concentration of workers in the industry in the county compared to thestate (NC).(b) The county's share of furniture employment mirrors the state's share in the industry.(c) The county's share of furniture employment is lower than that found in the state.(d) none of the above2. When two variables are highly correlated, it implies thatPa) changes in one variable are caused by the other.6 the two variables have a strong linear relationship.the relationship of the two variables can be shown as a circle.(h all of the aboveo) elsubiean3. If, compared to the entire state (NC), Forsyth county shows a relative concentration ofemployment in the tobacco industry, then(a) the location quotient (LQ) of employment in the industry for the county is equal to 1.(b) the location quotient (LQ) of employment in the industry for the county is less than 1.(c) the location quotient (LQ) of employment in the industry for the county is greater than 1.(d) none of the above4. If a country's wealth is concentrated in 1% of its population,(a) its Gini index value is close to 0.

Given information: Location quotient is ratio of rate of employment in sector i in the regional…

Answered: 1. If the location quotient (LQ) of…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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The Admission director for a college far from mart and town believes that an inverse relationship exists between a private college's average discount rate(determined by the average amount of scholarships students receive) and the annual yield (the percentage of admitted students who actually attend). The Director's independent variable is a private college's discount rate measured as a percentage, and the dependent variable is the college's annual yield measured as a percentage. The following results were obtained for a sample of 30 private colleges: x- Discount rate(percentage) - range: 35 to 72 percent y- Annual Yield(percentage) - range: 12 o 81 percent Σxi = 1612 Σyi = 898 Σxiyi = 44,377 Σxi2 = 89,790 Σyi2 = 35,704 a. Calculate the sample regression line's slope estimate. Interpret the sample regression line's slope estimate. b. Calculate the sample regression line's intercept estimate. Interpret the sample regression line's intercept estimate. Assume the following sum of…

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