onential Smoothing with the following parameters: Ft+1=32 and the α = .15 Regression Months 1 2 3 4 5 6 7 8 9 10 11 12 Firm's Actual Market share 30 32 33 34 28 33 29 27 32 33 28 33 e following forecasting method will you use? ur basis in choosing for your forecasting techniques? Explain briefly. on
Q: A nominal value can increase when either prices or quantities or both increase. Select one: True…
A: A nominal value is an unadjusted value whereas the real value is an adjusted value.
Q: Demand for a product is described by the price-quantity curve p = 225 0.2g and supply is described…
A: We are given: Demand: Pd = 225 - 0.2 q1/2Supply: Ps = 45 + 0.2 q1/2
Q: Explain how an economy can return back to a long run equilibrium following a negative supply shock,…
A: In most cases, the economy self-adjusts to the long-run equilibrium without government intervention.…
Q: Choice DRUMS A B C D E 30 25 20 15 10 5 0 0 On the following graph, use the blue points (circle…
A: Opportunity cost refers to the sacrifice of the second best alternative when one particular…
Q: 7. Suppose that a man lends $1000 for four years at 12% per year simple interest. At the end of the…
A: Compound interest (otherwise called compounding interest) is the interest on a loan or deposit…
Q: j) An increase in current account surplus will cause... ii. i. Aggregate demand curve to shift to…
A: When the demand curve shifts rightwards, then the price of a commodity increases while the leftwards…
Q: what problem the value added approach to measuring GDP solved
A: Value added approach of GDP calculation refers to the approach in which all the final goods and…
Q: ically illustrate (draw) and explain the effect of a sustained increase in savings on the growth of…
A: Economics refers to the social science that studies the production, distribution, and consumption of…
Q: ve example of FDI that invest in internalise production within the firm that vertically integrate or…
A: A foreign direct investment refers to the purchase of an interest in a company by a company or an…
Q: discuss the scope of monetary economics and its importance to the feild of economics
A: Monetary economics empowers us to comprehend how an economy works proficiently as well as how the…
Q: If wages in New Zealand are higher than in China, Select one: a.trading with China will hurt New…
A: International trade between individuals, businesses, and nations is essential to a contemporary…
Q: What is quality? Could you explain the relationship between cost and quality
A: Introduction Quality in the world of accounting focuses primarily on the performance of products…
Q: In the past, some counties and countries have imposed taxes on sugar, saturated fats, and food made…
A: Tax: It refers to the income of the people which is paid to the government in the form of taxes.…
Q: What is meant by a sunk cost? Give typical sunk costs for an IT project.
A: Sunk costs are a type of fixed costs and they do not change irrespective of the levels of…
Q: No government can sustain or effectively operate without it's powers. Enumerate and discuss each of…
A: Inherent powers are powers of a division of government not particularly listed in the constitution.…
Q: Suppose students in Business Economics course have the following demand for an Economics textbook:…
A: Given the quantity demand, Qd=440-2p and the quantity supply, Qs=-40+4p
Q: pour les deu a se put at the point which he manager bene e politie O alwayszero. 300 de lei pe care…
A: Externalities are defined as when production or consumption by any one particular company, group or…
Q: they did by lottery-for free. That left 53,000 New Yorkers without tickets. It was a scalper's…
A: *Answer: (a) At the church-set price of $0 per ticket, quantity demanded was 93,000 tickets while…
Q: The determinants of money supply is _________________ (choose one) the price of goods and…
A: the money supply refers to the total amount of currency held by the public at a particular point in…
Q: D D Question 30 Find the tax burden on sellers per unit of quantity. Answer: The tax burden on…
A: A sales tax paid by buyers shifts the demand curve, while a tax paid by sellers shifts the supply…
Q: II. PROBLEM SOLVING: Product Pineapple 2021 Price 600 2021 Quantity 5 1. Solve for the Real GDP…
A: There are two type of GDP: 1. Nominal GDP (Money GDP) 2. Real GDP
Q: Surplus/GDP and the risk premium c
A: ANSWER: Option (a) is correct. 1.9% Given:- Primary surplus / GDP = 2.1%…
Q: Consider you will organize a party. Your budget is $2000 and you will provide pagne (pchampagne-$50)…
A: Initially, the budget (M) is $2000 Price of champagne =$50 Price of oysters =$20 In the case of…
Q: According to your notes, what impact did the paychecks of United States' auto workers have on the…
A: Financial crises means when instruments and assets fall regularly in value.
Q: What is the difference between Walrasian and Hicksian demand curves? Fully Explain with reference to…
A: The demand that a utility-maximizing consumer should have after accounting for their income, the…
Q: Which of the following are financial assets in Malaysia? which ones aren't? Describes your responses…
A: A financial asset is a liquid asset with value derived from a legal claim to ownership or a…
Q: How the reverse repo rate helps in correcting excess demand in an economy?
A: Central bank refers to the apex institution in the banking sector that manages the other financial…
Q: 6. Scarcity, opportunity cost, and marginal analysis Kevin is training for a triathlon, a timed race…
A: Trade-off refers to the balancing of factors, all of which are unattainable at the same point of…
Q: When a nominal value increases it must be true that prices have increased. Select one: True False
A: Nominal value: face value of an asset or security.
Q: How does education contribute to community development 3 paragraph
A: Education has always been a direct product of quality of life, social and individual ideals,…
Q: hand written
A: The yearly cost that comprises the cost of ownership, operations, and maintenance of an asset over…
Q: Graphing: Using the Production Possibilities Schedule above, make a Production Possibilities…
A: Combination Unit of bracelets Units of rings A 0 205 P 10 200 L 20 194 I 30 187 E 40 179…
Q: 4. Shifts in production possibilities Suppose Japan produces two types of goods: agricultural and…
A: Production Possibility Frontier is the locus of different possible combinations of two goods that an…
Q: Take into account the following: Do you think that ten to fifteen years ago, marketing technologies…
A: There is no way that marketing tools like Big Data and Predictive Analytics would have been as…
Q: The bank wants to sell more shares of stock, keep more of its earnings, buy more Treasury…
A: A Bank is defined as a financial institution which accepts deposits and makes loans. Given , The…
Q: He is planning to sell the wellington at 500 pesos for each incurring dire 150,000 pesos in the…
A: *Answer: Demand function is an inverse relation between price and quantity , whereas a supply…
Q: Which statement is not true? Commodity money cannot be fiat money and vice-versa. Commodity…
A: Money is something which is widely accepted by general public. It performs the various function such…
Q: What is Present-Worth Analysis?
A: Economic equivalence is a combination of interest rate and time value of money that determines the…
Q: Price of Tutoring(dollars per hour) 60 55 50 45 40 35 30 25 20 15 10 5 0 Market for Tutoring Market…
A: The market demand gives the amount bought by all the market members, the amount of the singular…
Q: Distinguish between Fixed Costs and Variable Costs and their implications for the shape of firms’…
A: Fixed Costs : These are the costs which do not change or depend on the level of production . For…
Q: I need help answer
A: We know that Fiscal or monetary policy refers to macroeconomic initiatives taken by the government…
Q: Envous bifea yev 100 viex 10 sas 2/6 4 hoot to 100 12 4 ba75 ont 5 90 pad
A: Cross price elasticity of demand measures the responsiveness of change in quantity demanded of one…
Q: C d $160 $195 9 h $255 $230
A: . Total Revenue = Price × Quantity In this given that numbers of customer and prices of different…
Q: Firms Markets for Goods and Services Markets for Factors of Production Households Which of the…
A: Please find the answer below. ECONOMIC MODEL: An economic model is a simplified description of…
Q: Which of these is not an example of a market failure: Group of answer choices there is only one…
A: Meaning of Market Failure: The term market failure refers to the situation under which there…
Q: Assume that the economy experiences no change in productivity, money demand or its natural rate of…
A: *Answer: Introduction The relationship between the unemployment rate and the rate of inflation is…
Q: In some ways the state of the world economy is less hostile today than when (then) finance minister…
A: Fiscal policy is the use of government expenditure and taxation to affect the state of the economy.…
Q: In a stadium there is only one seller of bratwursts (sausages). The inverse demand tion is given by:…
A: Monopoly market is characterized by presence of single firm. Single firm is considered as price…
Q: Problem Solving: Copy the questions and analyze the following demand problem. Answer Emphasize the…
A: Demand refers to the quantity that a consumer wishes to purchase at a given price in a given period…
Q: When the average total cost curve is at its minimum, we know that the: a. marginal cost curve is…
A: Meaning of Cost: The term cost refers to the situation under which a firm occurs various expenses…
ONLY DO THE NUMBERS SAID. I WILL UPVOTE. THANK YOU
Step by step
Solved in 4 steps
- If the t ratio for the slope of a simple linear regression equation is equal to 1.614 and the critical values of the t distribution at the 1% and 5% levels of significance, respectively, are 3.499 and 2.365, then the slope is not significantly different from zero. significantly different from zero at both the 1% and the 5% levels. significantly different from zero at the 1% level but not at the 5% level. significantly different from zero at the 5% level but not at the 1% level. please show how you come up with the answer , do not just guess !!!Consider the following multiple regression Price=118.9+0.594BDR+23.5Bath+0.195Hsize+0.004Lsize+0.095Age−48.5Poor, R2=0.75, SER=41.5 (22.7) (2.56) (8.56) (0.017) (0.00049) (0.315) (10.7) The numbers in parentheses below each estimated coefficient are the estimated standard errors. A detailed description of the variables used in the data set is available here . Suppose you wanted to test the hypothesis that BDR equals zero. That is, H0: BDR=0 vs H1: BDR≠0 Report the t-statistic for this test. The t-statistic is ________ (Round your response to three decimal places)A manufacturer is developing a facility plan to provide production capacity for its factory. The amount of capacity required in the future depends on the number of products demanded by its customers. The data below reflect past sales of its products: Year Annual Sales (number of products) Year Annual Sales (number of products) 1 490 5 461 2 487 6 475 3 492 7 472 4 478 8 458 Use simple linear regression to forecast annual demand for the products for each of the next three (3) years, by using the tabular method to: derive the values for the intercept and slope derive the linear equation plot the linear regression line develop a forecast for the firm’s annual sales for each of the next three years
- Given the regression equation Y = 100 + 10X a. What is the change in Y when X changes by +3? b. What is the change in Y when X changes by -4? c. What is the predicted value of Y when X = 12? d. What is the predicted value of Y when X = 23? e. Does this equation prove that a change in X causes a change in Y?Consider the simple regression model: y=0.56+1.56x+u Using this and assuming the estimated Var(y)=0.64 and the estimated Var(x)=3.07, what is the estimated Var(x+y)?Enumerate the 10 assumptions of the classical linear regression model (CLRM) and discuss its importance in econometrics analysis.
- Having successfully completed your first year in university, you began your second year with an evaluation of your past performance. You observed that you performed well in those subjects where you were diligent with class attendance whilst you performed poorly in those courses where you missed a number of classes. Upon learning about OLS regression you realize that you are able to predict your average performance based on the number of classes attended. The table below shows your data set. Number of Lectures (X) Percentage Scored (Y) 1 30 2 45 3 51 4 57 5 60 6 65 7 70 8 71 9 72 10 73 11 66 12 71 13 47 14 81 15 83 16 84 17 89 18 99 19 82 20 86The Pilot Pen Company has decided to use 15 test markets to examine the sensitivity of demand for its new product to various prices, as shown in the following table. Advertising effort was identical in each market. Each market had approximately the same level of business activity and population. Complete the following worksheet and then estimate the demand function for Pilot's new pen using a linear regression model. Test Market Price Charged Quantity Sold (cents) (Thousands of Pens) ii xixi yiyi xixiyiyi xi2xi2 yi2yi2 1 50 20 1,000 2,500 400 2 50 21 1,050 2,500 441 3 55 19 1,045 3,025 361 4 55 19.5 1,072.5 3,025 380.25 5 60 20.5 1,230 3,600 420.25 6 60 19 1,140 3,600 361 7 65 15.5 1,007.5 4,225 240.25 8 65 15 975 4,225 225 9 70 14.5 1,015 4,900 210.25 10 70 15.5 1,085 4,900 240.25 11 80 13 1,040 6,400 169 12 80 14 1,120 6,400 196 13 90 11.5 1,035 8,100 132.25 14 90 11 990 8,100 121 15 40 17 680 1,600 289 Total 980 246 ?…What are the measures of fit that are commonly used for multiple regressions? How can an adjusted R2 take on negative values?
- Please no written by hand The assumption of normally distributed errors means that... A. errors can be ignored when doing regression modelling. B. the OLS estimators can also be assumed to be normally distributed since they are a linear functions of the errors. C. the OLS estimators can also be assumed to be normally distributed since they are BLUE. D. the OLS estimators can also be assumed to be normally distributed since they are minimum variance. E. the regression model will not be subject to specification error.Given the estimated multiple regression equation ŷ = 6 + 5x1 + 4x2 + 7x3 + 8x4 what is the predicted value of Y in each case? a. x1 = 10, x2 = 23, x3 = 9, and x4 = 12 b. x1 = 23, x2 = 18, x3 = 10, and x4 = 11 c. x1 = 10, x2 = 23, x3 = 9, and x4 = 12 d. x1 = -10, x2 = 13, x3 = -8, and x4 = -16The measure of standard error can also be applied to the parameter estimates resulting from linear regressions. For example, consider the following linear regression equation that describes the relationship between education and wage: WAGEi=β0+β1EDUCi+εi where WAGEi is the hourly wage of person i (i.e., any specific person) and EDUCiEDUCi is the number of years of education for that same person. The residual εiεi encompasses other factors that influence wage, and is assumed to be uncorrelated with education and have a mean of zero. Suppose that after collecting a cross-sectional data set, you run an OLS regression to obtain the following parameter estimates: WAGEi=−12.3+4.4 EDUCi If the standard error of the estimate of β1 is 1.29, then the true value of β1 lies between (2.465, 3.11, 3.755, 1.82) and (5.69, 6.98, 5.045) . As the number of observations in a data set grows, you would expect this range to (INCREASE OR DECREASE) in size.