A(n) variable is calculated from within the model. A(n) _ endogenous; endogenous O endogenous; exogenous exogenous; endogenous exogenous; exogenous none of the above 000 variable can never be taken as given.
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- Heteroscedasticity problem may be controlled by Select one: a. using generalised least squares. b. Cannot be controlled at all. c. Log-transformation of data and using generalized least squares. d. log-transformation of data."Time fixed effects control for unobserved variables that are the same acrossentities but vary over time". Is this statement true?From a certain place K, 2000 people set off for work in the distant place S in the morning by car. Each of the drivers must decide whether to come to place S via point G or via point D (see the directed graph below). The travel time on segments G-S and K-D is not dependent on the number of drivers: each driver traverses the G-S segment in 60 minutes, and the K-D segment in 45 minutes, regardless of the number of drivers. However, the travel time on segments K-G and D-S depends on the number of drivers: if x drivers travel on the K-G segment, each driver on this segment consumes 0.005x minutes; if x drivers travel on the D-S segment, each driver on this segment consumes 0.01x minutes (see the directed graph below). Assume that all people start simultaneously and do not know the decisions of other people. Find all pure Nash equilibria of the game.
- A sample of subjects were asked their opinion about refurbishing the subway in New York (support, oppose). For the explanatory variables gender (female, male), religious affiliation (Protestant, Catholic, Jewish), and political party affiliation (Democrat, Republican, Independent), the model for the probability π of supporting legalized abortion, logit(pi) = alpha + betagh + betari + betapj has reported parameter estimates (setting the parameter for the last category of a variable equal to 0.0 and alpha^ = -0.11, beta^g1 = 0.16, beta^g2 = 0.0, beta^r1 = -0.57, beta^r2 = -0.66, beta^r3 =0.0, beta^p1 =0.84, beta^p2 = -1.67, beta^p3 =0.00) . Interpret how the odds of supporting refurbishment depend on gender. Find the estimated probability of supporting refurbishment for (i) male Catholic Republicans and (ii) female Jewish Democrats. If we defined parameters such that the first category of a variable has value 0, then what would beta^g2 equal? Show then how to obtain the odds ratio that…Please solve questions 15, 16 and 17. The multivariate demand function below will be needed for questions 12-18. Setting: Grapple, Inc. is a leading seller of laptop personal computers. However, they want to become a leading tablet seller, too. Your marketing department, aided by your economics staff, has estimated a function to help you in the quest for market leader in tablets. The variables are defined after the function. Qg = 10000 - 25Pg + 20Ph + 30Pr - 15dv - 35Psc - 10Pmm + 0.05Ag + 0.03A -25C + 0.1Y Qg = the number of Grapple tablet computers demanded per week. Pg = the price of each new Grapple tablet (in $). Ph = the price of each Hewpaq tablet (in $). Pr = the price of each Ronova tablet. Pdv = the price to equip a tablet with Holographic digital video (in $, this is an upgrade option that enables three-dimensional graphics on a tablet. Two-dimensional graphics is standard equipment). Psc = the price of various screen sizes (in $, a 8 inch is…Identify the following variables as either discrete or continuous: (a) The number of times heads comes up in 100 tosses of a coin (b) The number of accidents occurring in a specified section of a freeway (c) The weight of boxes shipped from an Amazon warehouse (d) The concentration of carbon dioxide in the air of San Diego versus time (e) Optimistic, most likely, and pessimistic estimates of salvage value
- Explain probability and nonprobability samplingtechniques.Using the fixed-time period inventory model, and given an average daily demand of 287 units , 4 days between inventory reviews, 5 days for lead time, 141 units of inventory on hand, a "z" of 1.96, and a standard deviation of demand over the review and lead time of 2 units, which of the following is the order quantity?Shrinkage estimators are unbiased. are BLUE (i.e. Best Linear Unbiased Estimator). in general have a causal interpretation. shrink the estimator.