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A water expert was asked whether increased water consumption in a California community was lowering its water table. To answer this question, the expert estimated a linear regression equation of the form W = a + bt, where W = height of the water table and t = time measured from the start of the study period. (He used 10 years of water-table measurements.) The estimate for b was b = -.4 with a t-value of -1.4.
a. From this evidence, would you conclude that the water table was falling?
b. A second expert suggests yearly rainfall also may affect the water table. The first expert agrees but argues that total rainfall fluctuates randomly from year to year. Rainy years would cancel out dry years and would not affect the results of the regression. Do you agree?
consider the market for coffee at university. the market supply is given byqs -20 pswhere qs is the quantity supplied
Last-mile providers often advertise very fast speeds, but users rarely see speeds as high as advertised rates. Search online to find a network speed test and try it from your home, office, mobile device, or dorm. How fast is the network If you're ..
Many monopolies are constructed by governmental legislation. like post office, local water company, local gas company, cable TV provider, local electric company.
Plot the countrys production possibilities curve - Calculate the opportunity cost of producing guns and butter at each point in the production possibilities curve.
Populations tend to grow over time, meaning there are more workers. In order to maintain a constant level of worker productivity, the total amount of capital available to them must:
What caused the frustration among the country managers? How could experiences be shared and best practices disseminated without compromising the uniqueness of the brands?
Depreciable residential rental real property has been purchased for $70,000 and put into service during the third month of the taxpayer's tax year. For the applicable 27.5 year depreciation life. How many months of depreciation should be generated fo..
you are the chief economic advisor of the president of dreamland. right now the country has unemployment of 7.7 . the
State whether you agree or disagree with the following statement and explain why: a. When the real economy expands (Y rises), the demand for money expands. As a result households hold more cash and the supply of money expands. b) Inflation a rise i..
Share an example of a current consumer good that is taxed. Please link the article, along with a complete reference for me and fellow students to be able read the full article.
explain how an active policy differs from a passive policy. how does monetary policy affect aggregate demand in the
One of the partners favors moving downtown because she believes the additional business gained by moving downtown will exceed the higher rent at th downtown loaction plus the cost of making the move. THe other parnter at the PBS opposes the moves.
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