conect answer below se data are responses from a survey ese data are outcomes of a designed experiment ese data are distributed by an organization ese data are collected by ongoing business activities ese data are results of an observational study
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- T or F A household is frequently used in analyses because more consistent data are usually collected at that level.Explain what multicollinearity . What are the main problems that multicollinearity creates for OLS estimation results ? Give two ways to detect multicollinearity problem and the hypothesis that are tested ?UBC coaching center has two branches in Dhaka: one in Dhanmondi (Branch A) and another one in Mohammadpur (Branch B). To understand their students' performance, the coaching center conducts the same test in both branches. A sample of 8 students have been selected from branches A and B respectively, and the following table shows data on their performance. Use appropriate non-parametric methods on the data to find out whether there is a statistically significant correlation between the ranks of the students’ performance of the two branches.?
- Question 29 Suppose that in general the size of a student's class is related to the student's parents' annual income. Does this mean that parental income would be a good instrumental variable for class, size? Why or why not? Question 30 Now imagine our random sample of data is on students living in the Newcastle reeion of NSW. Unfortunately a major earthquake hits the Newcastle region early in the school year, Some Newcastle schools are forced to close for the rest of the school year to undertake repairs. Those closest to the earthquake epicentre are the most severely affected and are more likely to need to close for repairs. Some schools need to "double up" on the mumber of students in elasses to absorb those students whose schools have been closed for repairs. This temporarily increases class sizes at these schools. Conveniently for our study, the test score data is collected at the end of the school year in which the earthquake occured. Carefully explain in detail…Question 3 A car company wants to know the monthly sales made in ($000), based on the brand of vehicle. The data collected was entered on a MINITAB spreadsheet for analysis. Exhibit II below was subsequently generated. Exhibit 2 Model N Mean Median Tri.Mean Std Dev S.E. Mean Hyundai 23 109 135 107.64 * 1.34 Toyota 27 165 124 143.65 9.5 ** You are required to test at the 5% level of significance the hypothesis that the average monthly earnings on Hyundai Vehicles is equal to $110,000 versus the alternative that it is different from $110,000. Complete the following: i. Give the null and alternative hypothesis of this test. ii. Determine the critical value(s) of this test. iii. Compute the value of the test statistic. iv. State the decision rule. v. Give your decision based on the available sample evidence. vi. Hence, state your conclusion.A manufacturer of cat food was planning to survey households in the US to determine purchasing habits of cat owners. Among the questions to be included are those that relate to Where cat fat is primarily purchased. Whether dry or moist cat food is purchased. The number of cats living in the household. Whether the cat is pedigreed. Describe the population. For each of the four items listed, indicate whether the variable is categorical or numerical.
- We are studying the factors that contribute to unemployment at an individual level. UE, unemployment, is our dependent variable and it is a binary variable that takes the value 1 if an individual is unemployed and 0 if they are employed. We have a random sample and we estimate the following model: UE^= 0.508−0.051educ−0.023urban+0.005age(0.122) (0.012) (0.005) (0.002)n=6214, R2=0.474 where educ = an individual’s years of education urban = a dummy equal to 1 if the individual lives in an urban area and 0 otherwise age = an individual’s age in years What is the correct interpretation of the estimated coefficient on education?In a study aimed at creating reference values, abdominal circumference (measured in cm) was measured in adult men. It was found that the relationship to age could be described as abdominal circumference = 82 + 0.3 x age a) What is the analysis that produces such a formula called? b) At what age is the average abdominal circumference 100 cm?A large policy debate revolves about the causes and consequences of child labour. Extensive child labour at early ages is often considered as harmful and there is substantial theoretical and empirical interest in determining the causes for child labour. Therefore, we would like to analyze the relationship between wealth (e.g. the number of cattle or other assets) and child labour, using household data collected in several villages in rural Africa. Suppose we have data on Y and X iv where Y, is the number of hours worked by child i in village v and X, is family wealth. a) Explain how this is related to the concept of Panel Data. b) Explain how you could estimate the relationship between wealth and child labour using pooled OLS, Random Effect (RE), Fixed Effect (FE) estimators. Write down the estimation equations and the conditions needed to guarantee consistency. Compare the FE and the OLS estimators: Is either of these two estimators based on weaker assumptions than the other? c)…
- In 2008, real GDP was 14,830.4. In 2009, real GDP was 14,418.7. Accordingly, we can infer that in 2009, Group of answer choices a) there must have been no change in real GDP. b) there must have been a decrease in unemployment. c) we had deflation. d) there was a recession. e) there must have been economic growth.Please ASAP. Thank you. QUESTION Morbidity is defined as? A. The presence of disease B. The absence of disease C. Hospitalization rates D. The combination of mortality and number of diseases 2. A household is frequently used in analyses because more consistent data are usually collected at that level.TrueFalseWithout running any additional tests, what can you say about the joint significance of all independent variables in the model? Which statistic(s) helps you to answer this question?