Zero correlation does not necessarily imply independence between the two variables. This statement is O a. True O b. Depends on mean value of X and Y O c. Depends on r O d. False
Q: Regress smoker on cubic polynomials of age, using a linear probability model. Choose the wrong…
A: Linear probability model is considered to be a special case of the model of binary regression. Here…
Q: Look over the following equations and decide whether they are linear in the variables, linear in the…
A:
Q: If the slope of a straight line is -3. and if Y (the variable on the vertical axis) decreases by 6,…
A:
Q: When two variables have a positive correlation, O a. if the x-variable decreases, the y-variable…
A: correlation means the relationship between two variable , there are 2 type of correlation 1)…
Q: Exlplain Linear Conditionally Unbiased Estimators and the Gauss–Markov Theorem with its limitations?
A: Ordinary Least Square (OLS) is a method which is used to estimate the value of the regression…
Q: Suppose that researchers conduct a clinical trial to test the effectiveness of a new vaccine to…
A: Answer to the question is as follows:
Q: 13_If you have the variable of different colors (color) and their sales value (sales), and see the…
A: Variance means a deviation from the rates that are predetermined & generally denoted in money…
Q: et X1, X2, X3, X4 have the joint probability density function f(x1, x2, x3, x4) = ( 24e…
A: Let X1, X2, X3, X4 have the joint probability density function, Let So, Here, So Jacovian…
Q: The following information regarding a dependent variable (y) and an independent variable (x) is…
A: Least square estimate of y-intercept: y = mx + b Where: y = how far up x = how far along m = slope…
Q: Let X and Y be two random variables. Assume that E(Y|X) = E(Y) and Var(Y|X) = 3X². Does this imply…
A: Basics:- Dependent variables are those where one's value is depended on the other's value.For…
Q: 19-Which of the following depicts autocorrelation (serial correlation)?* O a. Cov(ut, us) = 0 for…
A: a. cov (ut,us) ≠ 0 for all t≠s
Q: DEPENDENT VARIABLE Qc R- SQUARE P- VALUE ON F 64 0.8093 0.0001 INDEPENDENT VARIABLE…
A: Solution-
Q: If two variables are positively related, then Select one: O a. their graph will have a negative…
A: A variable (random) is one which keeps on changing and hence, does not remains constant. If one…
Q: Significance level or ,is the probability of rejecting the null hypothesis when it is true. Select…
A: When talking significance level test, it can be seen that a researcher may sometimes provide wrong…
Q: The predicted value of y_i is Select one: O a. the value that y_i takes on when x_i equals 0. O b.…
A: Regression equation: yi = α + β xi α is the intercept term. β is slope coefficient. yi is a…
Q: ppose you have two independent unbiased estimators of the same parameter, θ, say θandθ, with…
A: Suppose two independent unbiased estimators of the same parameter is θ: θ1 and θ2 V ar(θ1) = v1V…
Q: Every other thing equal, an increase in the risk of investment return would cause the IS curve to…
A: IS curve: It refers to the combinations of the rate of interest rate and the output produced in the…
Q: A 10-item statistics quiz was given to 30 students. The table below gives the scores received along…
A:
Q: Suppose X and Y are two dependent random variables. Let Z (3X - 2Y + 4) with the following set of…
A: A dependent variable represents a quantity whose value depends on how the independent variable is…
Q: O A reflection over the x-axis O A clockwise rotation of 90 about the origin O A clockwise rotation…
A: The given graph shows two diagrams one in between the positive Y-axis and X-axis while the other…
Q: a) How do you test for normality of error terms in the PRF using Jarque Bera test? What happens to…
A: The linear regression function is the study of relationship between one variable called dependent…
Q: If a scatter diagram shows a negative relation then, in general, as O x increases, y increases O y…
A: Answer: C ( x increases, y decreases) Explanation: A negative relationship between two variables x…
Q: Select the THREE equation(s) that correctly represent the Pareto-efficient curve Select one or more:…
A: Calculation is given below....
Q: 7. Show that z = xy(x, y ≥ 0) is not quasiconvex.
A: According to Bartleby's answering guidelines, we can answer only 1 question per session so I will be…
Q: 3. The government wishes to model the number of calls made to a particular citizen's advice…
A: The probability distributions are the various probabilities at different values or at different…
Q: If R2 = 1, it means that all of your errors are large O your model is no better at predicting Y than…
A: The R square is a statistical measurement that looks at how variations in one variable may be…
Q: The presence of Heteroscedasticity can be investigated by using O a. F distribution O b. normal…
A: In normal distribution heteroscedestacity can be investigated.
Q: Which of the following statements about the inclusion of dummy variables in econometric equations is…
A: The definition of a dummy dependent variable model is quite simple: If the dependent, response,…
Q: The standard error of the regression (SER) is 580.4. What are the units of measurement for the SER?…
A: Answer - "Thank you for submitting the questions. But, we are authorized to solve one question at a…
Q: [True/False] Let a, b and c represent constants, and X, Y and Z represent random variables. If…
A: A random variable is a mathematical portrayal of the result of a measurable examination. A random…
Q: Suppose you observe a person's answer to two decision problems. Problem 1: You are offered $40…
A: Rational decision making is a multi-step process for making choices between alternatives. The…
Q: Suppose you estimate following model Y, = Bo+B,X1 +B2X2 ++B10X10+u. You would like to test joint…
A: Regression coefficients are estimates of unknown human parameters and define the relationship…
Q: Which of the following expressions is the Lagrangian? O A. MUX=1PX В. бф = MUx(X,Y}- ¿Px %3D SX С.…
A: As per Given Data, Answer Is Given Below....
Q: 20- If OLS is used in the presence of autocorrelation, which of the following will be likely…
A: Correlation between two values of the same variable at different time intervals is called…
Q: For all parts of this question, assume that the log of GDP per capita is normally distributed with a…
A: We h have given that Log of GDP per capita is normally distributed and means is 8.7 and the…
Q: Using a scale of 1 to 10, where 10 is the most painful and 1 is least painful; when John's wealth is…
A: In economics, an individual will be considered as a risk-averse when he prefer to choose an…
Q: The random walk of consumption states that: A. consumption this year is not a good forecast of…
A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…
Q: Construct the chain indices from the following price relatives of four commodities using geometric…
A: Chain Index Number = this method is used the comparisons are not made with the fixed exchange rate,…
Q: A hypothesis is a statement that Identifies the connection Draws the relationship between O b. two…
A: Research is important for the development of theories. There are many types of research. Research is…
Q: Exnibi X Y A 50 100 100 80 C 150 60 D 200 40 Refer to Exhibit 1-3. According to the data provided in…
A: Slope is the rate at which one variable changes with respect to other variable
Q: a. Given the following model (3) Y= C + lo + Go (a>0,0<b<1) C= a +by Find Y * and C* by matrix…
A:
Q: Which of the following is a nonlinear regression model? O None of the presented possible answers are…
A: In economic analysis, it is easier to deal with a linear variable in a linear regression model…
Q: (a) Specify a model for housing starts that accounts for possible trends and seasonalit in the…
A: DISCLAIMER “Since you have asked multiple question, we will solve the first three question for you…
Q: Suppose you nun a regression of test scores against parking lot area per pupil. Is the R kely to be…
A: Answer:- option( D) R^2 is likely tо be High, beсаuse раrking lоt аreаs is соrrelаted…
Q: A new highway linking two major towns is constructed. What would be the impact on the country's…
A: A country's production function explains the amount of output generated by the available amount of…
Q: a. Find OE(y x)/ox, and comment on how it depends on x. b. Show that & is equal to dE(y|x)/0x…
A:
Q: It is sometimes said that, "Those who gamble the most are the ones who can least afford to lose."…
A: Those who gamble the most are the ones who can least afford to lose." these people gamble because…
Q: and T is temperature, sales _____ if temperature increases by 10 degrees. A. increase by 20 B.…
A: *Answer:
Q: dy If y = (In x + 1)(2x³ – 3x), then will be %3| dx A. (In x + 1)(6x? – 3) + (2x³ – 3x)(÷ +1) В.…
A: To differentiate the function, product rule is applied where (lnx+1) is one function and (2x3-3x) is…
this is an econometrics question please consider that
Step by step
Solved in 2 steps
- Give typing answer with explanation and conclusion Suppose that the government must undertake an irreversible policy decision regarding the extent of air pollution regulation. The government is making this decision in a situation of uncertainty, however. In particular, there is some probability p that the benefits will remain the same as they are this year for all future years, but there is some probability 1 - p that benefits will be less in all future years. If we take into consideration the multiperiod aspects, should we err on the side of overregulation or underregulation, compared to what we would do in a single-period choice?With Panel Data, if we assume that the individual effects vi are not correlated with the regressors Xit (i.e. E(vi|Xit) = 0), which one of the following statements is correct: The Fixed Effects estimator is not consistent. Both the OLS and the Random Effects estimators are not consistent. The OLS estimator is not consistent, but the Random Effects estimator is consistent. The OLS and the Random Effects estimator are consistent. All of the above. None of the aboveHow would you describe a correlation of -1? Group of answer choices There is a perfect linear relationship between x and y. There is a strong positive relationship between x and y. There is no relationship between x and y. There is a weak negative relationship between x and y. thanks
- (Ch7) Historically, the default rate on a commercial loan is 20 percent. If a bank makes 100 commercial loans, what is the approximate probability that more than 25 loans will result in default? (hint: use the normal approximation to the binomial. And, by continuity correction, you should use 25.5 as the new cutoff.) Question 2Select one: a. 0.0668 b. 0.0838 c. 0.2000 d. 0.0336Question 2 Suppose we are interested in the effect of attending a particular school on students’ income in adulthood. Let malei be a dummy variable which is equal to 1 if student i is male. Translate the following mathematical expression into plain English E(Yi(1) − Yi(0)|malei = 1). Full explain this question and text typing work only We should answer our question within 2 hours takes more time then we will reduce Rating Dont ignore this line .If a change in variable X causes a change in variable Y, variable Xis called the Select one: a. independent variable b. dependent variable c. explanatory variable d. B and C
- What is meant by dummy variable and how dummy variables are constructed?In the equation S = 130 – 2T, where S is hot chocolate sales and T is temperature, sales _____ if temperature increases by 10 degrees. A. increase by 20 B. decrease by 20 C. increase by 2 D. decrease by 2Consider the following model: yhat = 2.6+-0.9x² The prediction of y is yhat. What is the estimated marginal effect of x on y when x=2.7? PLZ MAKE SURE THIS IS RIGHT!!!
- Suppose that a high school student is preparing to take the SAT exam. Explain why his or her eventual SAT score is properly viewed as a random variable.As a manager of a small software retailing company, you are concerned with projected profit next year. While profit can be determined as the difference between sales and maintenance cost, or in symbols, P = S - M, where P is profit, S is sales, and M is maintenance cost including technical support. It is argues that when sales goes up so does maintenance cost because the cost of technical support will go up. Further, it is measured that the correlation between S and M is 0.8. Now given the figure that sales next year is expected to be $300 thousand with standard deviation of $4 thousand and maintenance cost is expected to be $150 thousand with standard deviation of $6 thousand, what would be the expected profit and its standard deviation you will include in your report?Why does dependent variables must covariate in the multivariate analyses like MANOVA/MANCOVA? What happens if they don't covariate, will you be able to proceed in multivariate analyses?