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- 13. Which ones correctNo chatgpt pls1. The table below presents hypothetical OLS results with used small SUV price information (in dollars) as the dependent variable. Assume that the model is correctly specified and a significance level (p-value) of 0.05. Variable Coefficient P-Value Constant 10,000 0.001 SUV is in Good Condition (GC) 1,000 0.030 SUV is Green (GRN) 500 0.040 Miles on the SUV (MGE) -0.005 0.019 Age of the SUV (AGE) -200 0.007 SUV has a Sunroof (SUN) 400 0.045 The number of miles on the SUV and the age in years of the SUV are continuous variables. The rest of the variables are dummy variables. a. Write the predictive equation for the price of small used SUVs in this market. b. According to this model, what is the predicted price of a 6 year old blue SUV in poor condition with 80,000 miles on it and no sunroof? c. According to this model, what is the predicted price of an 8 year old green SUV in good condition with only 30,000 miles on it and a sunroof?
- (8 points) A taxpayer (of a particular profile) can either comply with the IRS code, orcheat and receive some benefit. The IRS can either audit the taxpayer at a cost or donothing. If the taxpayer cheats and the IRS audits then the tax payer faces penalty (fineplus possibly jail time) and the IRS receives the fine. The payoff matrix:IRSAudit (q) Not Audit (1-q)Cheat (p) -50000, 4000 1000, 0Tax PayerComply (1-p) -500, -300 0, 0Assume the tax payer cheats with probability p and complies with probability 1 − p, andIRS audits with probability q and does not audit with probability 1 − q. Find the mixedstrategy Nash equilibrium. Express probabilities in percentage forms and keep two digitsafter the decimal point, for example p = 2.34%.This is question 13.7a1 = (E1/0.1) = (150/0.1) = 45.8. is not make sense. How come?
- Yi = -1336.049+12.7X1i+8.57X2iSE (175.2725) (0.9123) (5.8019)R2 = 0.89 n=38 DW= 0.37Where Y= Auction Price of antique clocks in dollars.X1= Age of clock in years and X2= Number of bidders* What does underlined bold term mean? ExplainPlease provide answer of first part only A. Ihave answer of BThe University of Professional Studies, Accra (UPSA) was founded in 1965 as a privateprofessional business education tuition provider. In 1999, by means of the Institute ofProfessional Studies Act, (Act 566), it became a tertiary institution with the mandate toprovide tertiary and profess ional education in Accountancy, Management and relateddisciplines. The University has a student population of approximately 12,000. TheUniversity now has a state -of-the-art Stude nts ’Center where food, snacks and drinks are served to students and staff. Nevertheless, a sizeablenumber of UPSA students patronize Auntie Ama’s (ATM) rice and beans food located at MadinaEstate close to the Home Made restaurant. Assume all other restaurants and food joints on campusand at Madina Estate with the exception of ATM food were able to reduce the price of their food.Further, suppose the local municipal authority decides to impose tax on ATM food. With the aidof a diagram, what will be the effect of these events…