Explain the lucas review. Make particular reference to the IS-LM model
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Explain the lucas review. Make particular reference to the IS-LM model
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- Explain the McKinsey 7-S model.The owner of a restaurant in Bloomington, Indiana, has recorded sales data for the past 19 years. He has also recorded data on potentially relevant variables. The data are listed in the file P13_17.xlsx. a. Estimate a simple regression equation involving annual sales (the dependent variable) and the size of the population residing within 10 miles of the restaurant (the explanatory variable). Interpret R-square for this regression. b. Add another explanatory variableannual advertising expendituresto the regression equation in part a. Estimate and interpret this expanded equation. How does the R-square value for this multiple regression equation compare to that of the simple regression equation estimated in part a? Explain any difference between the two R-square values. How can you use the adjusted R-squares for a comparison of the two equations? c. Add one more explanatory variable to the multiple regression equation estimated in part b. In particular, estimate and interpret the coefficients of a multiple regression equation that includes the previous years advertising expenditure. How does the inclusion of this third explanatory variable affect the R-square, compared to the corresponding values for the equation of part b? Explain any changes in this value. What does the adjusted R-square for the new equation tell you?SYSTEM IDENTIFICATION 15- The concept of "whether the parameters of a model set can be uniquely determined from the predictor filters or not" is called: A. identifiability B. stability C. prediction D. differentiability E. observability ANSWER and write the reason? a
- What is the difference between a smooth and layered VES model?Mr. A wants to study the salient factors that may influence the adoption of Social Networking Sites (SNS) for educational purposes. For this, he identifies the variables such as trust (TR), emotional attachment (EA), resource and material sharing (RA), communication (COM), and collaboration (COL) that may affect the adoption of the Social Networking Sites (SNS). Confirmatory Factor Analysis (CFA) was employed to perform reliability and validity checks, and Structural Equation Modelling (SEM) was employed to test the proposed conceptual model. This study could help instructors and managements at higher educational institutions to formulate strategies to encourage the students to use social networking sites for academic purposes. Based on the above information, answer the following questions. Develop the conceptual model of the study. Develop the alternative hypothesis of the study. Develop the research objective of the study. Suggest the target…Explain these term Mixture of extreme value distribution. Modelling complex relationship between the variable. Lifetime model. (Please explain in your own wording so I can easily understand)
- please explain the terms variety, variability, volume and visibility in terms of the the 4 Vs?Compliance with nondiscrimination rules can be achieved by way of two methods. Which are the two methods? Select one: a. Safe harbor and voluntary annual DOL audit b. Safe harbor and nondiscrimination testing c. Voluntary annual DOL audit and nondiscrimination testing d. Nondiscrimination testing and matching contributions to all participantsState and discuss the Major risks for Manufacturing of the Covid 19 non-contact Scanning devices project.
- The Flamingo Grill is an upscale restaurant located in St. Petersburg, Florida. To help plan an advertising campaign for the coming season, Flamingo’s management team hired the advertising firm of Haskell & Johnson (HJ). The management team requested HJ’s recommendation concerning how the advertising budget should be distributed across television, radio, and online advertisements. The budget has been set at $279,000. In a meeting with Flamingo’s management team, HJ consultants provided the following information about the industry exposure effectiveness rating per ad, their estimate of the number of potential new customers reached per ad, and the cost for each ad: Advertising Exposure Rating New Customers Cost per Ad Media per Ad per Ad Television 90 4000 $10,000 Radio 25 2000 $3,000 Online 10 1000 $1,000 The exposure rating is viewed as a measure of the value of the ad to both existing customers and potential new customers. It is a function of such things as…One of the products Company Miraitowa manufactured and plans to sell in Tokyo is vacuum insulated water bottles with a picture of the Olympic Mascot on. Discuss the four different ways in which a customer can perceive the value of vacuum insulated water bottles.So, what exactly does "FMS option" mean?