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- data analysis, please show work Here is a table showing the approximate breakdown of blood types in the United States: Blood Type: A B AB O P(Blood Type in US) 0.43 ? 0.03 0.46 Here is a table showing the approximate breakdown of blood types in the United Kingdom: Blood Type: A B AB O P(Blood Type in the U.K.) 0.37 0.1 0.04 0.49 For all questions below, you may assume that the blood type of an individual in the US and the blood type of an individual in the UK are independent of each other. If you were to choose one person at random from the US and another person at random from the UK, what is the probability that they will both have blood type A? If you choose a person at random from the US and a person at random from the UK, what is the probability that neither will be of blood type O? If you choose three people at random from the US, what is the likelihood that none of them are of blood type B? If you choose two people at random, what is the probability that both…A significantly larger proportion of higher social class children attend college than lower-class children. This islargely due to differences in ability among social classes. T or F?Average Earnings by Innnigrant Cohort 2010 2010 2015 2015 Cohort Label YSM Earnings (S) YSM Earnings ($) Native-born Native N/A 73,915 N/A 80,245 1955-1959 1M5559 52.5 97,361 57.5 97,212 1960-1964 1M6064 47.5 91,822 52.5 93,156 1965-1969 1M6569 42.5 88,610 47.5 106,552 1970-1974 1M7074 37.5 88,392 42.5 93,163 1975-1979 1M7579 32.5 85,919 37.5 97,756 1980-1984 1M8084 27.5 79,911 32.5 81,500 1985-1989 1M8589 22.5 70,143 27.5 78,100 1990-1994 1M9094 17.5 64,342 22.5 69,033 1995-1999 1M9599 12.5 68,821 17.5 73,976 2000-2004 IM0004 7.5 66,971 12.5 74,907 2005-2009 IM0509 2.5 58,623 7.5 67,780 2010-2014 IM1014 2.5 60,596 NOTE: "YSM" refers to the average years since migration. This is a table of average earnings for various immigration cohorts as well as native-born Canadians for 2010 and 2015. These values are expressed in 2015 real dollars. A) Calculate the cross-sectional entry effect for the IM0509 cohort. Interpret what the number…
- How is absolute poverty measured, in comparison to the distribution of national income? Write down a statistic for each measurement. List 3 countries in Latin America with extremely high rates of absolute poverty and 3 countries with very high income inequality. What are 2 factors which may have increased absolute poverty rates throughout the region’s history? Finally, provide 2 factors which have increased income inequality in Latin America throughout its history.Draw and compare lorenz curves for the given array of population, 20% from the population strata given. Population of country A from poorest to richest has income shares of 8%, 13%, 15%, 23% and 41% while the country B has 8%, 10%, 13%, 25% and 44% respectively. Looking at both results what can be inferred? Calculate GINI Coefficient as wellDetermine a general condition that makes workers want to separate themselves using education as a signal. That is, find a condition that makes high-ability workers want to go to college while low-ability workers do not. Given the wages and costs for both types of workers (wh = 20,wl =16,ch = 2, and cl = 5) and the proportion of high-ability workers in the population (0 = 0.25), does the condition hold? What wages are paid to each type of worker? (a) The condition holds; firms pay wh = $20 and wl = $16 (b) The condition holds; firms pay wh = $18 and wl = $11 (c) The condition does not hold; firms pay wh = $20 and wl = $16 (d) The condition does not hold; firms pay wh = wl = w = $17
- (SW 7.10) Show that the two alternative formulas below for the homoscedasticity-only F-statistic are equivalent. F = (SSRrestricted − SSRunrestricted) /q SSRunrestricted/ (n − kunrestricted − 1) (equation 7.13 in SW) F = R2 unrestricted − R2 restricted /q (1 − R2 unrestricted) / (n − kunrestricted − 1) (equation 7.14 in SW)Suppose there is an economy where 80 percent ofpeople earn more than their parents and 40 percentend up in a different income quintile than theirparents. What measure of the income distributiondoes the first statistic tell you about? What aboutthe second?Has the researcher tested for representativeness: comparing the sex distribution ofthe population and of respondents, for example, or their ages, ethnicity, education, orincome?
- Jackie moved to Spain to work for a public relations firm. She had health insurance from herprevious employer, but she was surprised to learn that her new employer in Spain did notoffer healthcare coverage. When she asked about this, she was told that more than 90percent of Spaniards use the public healthcare system, which was mostly free. However,her new employer did provide supplementary private health insurance that would allow herto receive quicker care from a private hospital if she desired.Jackie learned that she would be paying 4.7 percent of her salary and her employerwould pay 23.6 percent of her salary to the government for health insurance. She was given a Tarjeta Sanitaria Individual health card to prove that she had health insurance. With this,she could get free care at public hospitals and doctors’ offices. However, before seeing adoctor, she would need to register with a local primary care physician and decide whethershe would use public or private payment. If she needed…Jackie moved to Spain to work for a public relations firm. She had health insurance from herprevious employer, but she was surprised to learn that her new employer in Spain did notoffer healthcare coverage. When she asked about this, she was told that more than 90percent of Spaniards use the public healthcare system, which was mostly free. However,her new employer did provide supplementary private health insurance that would allow herto receive quicker care from a private hospital if she desired.Jackie learned that she would be paying 4.7 percent of her salary and her employerwould pay 23.6 percent of her salary to the government for health insurance. She was given a Tarjeta Sanitaria Individual health card to prove that she had health insurance. With this,she could get free care at public hospitals and doctors’ offices. However, before seeing adoctor, she would need to register with a local primary care physician and decide whethershe would use public or private payment. If she needed…What is Lerner index? How is it calculated? What does it calculated outcome tell us?