Create a statistical model

Assignment Help Microeconomics
Reference no: EM13868013

Suppose you wanted to create a statistical model that helped to explain Final Exam score in the class. 

a) what should be the main variable of interest? Limit to 3.

b) what would the relationship that you would expect between each variable you chose and Final score ( I.e would they be positive or negative, linear or non-linear)? Explain briefly why you thing for each variable that you chose.

 

 

Reference no: EM13868013

Questions Cloud

Disease and how does that affect the economy : In Global Economics, what is a relevant example of Dutch Disease and how does that affect the economy?
At what price per brake can wmb hold up abc : ABC produces car brakes. WMB wants to order 10000 brakes for a price of $50 per brake from ABC, but only if ABC builds a factory for the brakes right next to WNB's factory. Building the factory costs $200000 and producing a brake costs 20. After buil..
The concept domestic household crimes : Q1. Discuss your understanding of the concept "domestic/household crimes"Q2. With relevant examples discuss the challenges faced by Kenya's Criminal Justice in handling domestic related crimes.
Develop a coherently structured paper with an introduction : Develop a coherently structured paper with an introduction
Create a statistical model : Suppose you wanted to create a statistical model that helped to explain Final Exam score in the class. a) what should be the main variable of interest? Limit to 3. b) what would the relationship that you would expect between each variable you chose a..
What is the standard deviation of the amount deducted : What is the mean amount deducted from the total purchase amount? What is the standard deviation of the amount deducted from the total purchase?
The interest rate rises : Need help with a few Econ multiple choice questions 16. When the interest rate rises,A) planned investment falls.B) planned investment rises.
Show how the bonds would be reported on the january : E-Tech Initiatives Limited plans to issue $ 500,000, 10-year, 4 percent bonds. Interest is payable annually on December 31. All of the bonds will be issued on January 1, 2016. Show how the bonds would be reported on the January 2, 2016, balance sheet..
Decide whether kimayais a nice person : 1. Nate (similar to Freddy, who was discussed in class) is trying to decide whether Kimayais a nice person. There is an equal chance that Kimaya is mean, average, or nice.Whenever a person meets Kimaya, she acts either pleasantly or unpleasantly. If ..

Reviews

Write a Review

Microeconomics Questions & Answers

  The demand in japan for new automobiles is elastic and

the demand in japan for new automobiles is elastic and sensitive to market prices. given that describe the effect of

  Course information for the grading rubric

Assignments submitted through this link will be checked using SafeAssign by Blackboard. Your work will not be used for any purpose other than preventing plagiarism in the University. Ownership of the intellectual property contained in your written wo..

  Nontransactions accounts such as bank cd

Recent innovations allow us to rely less on checkable deposits and more on nontransactions accounts such as bank CDs. Although such accounts are desirable because they are less liquid from the depositors' point of view, we must draw customers t..

  Find out which of the major regulatory strategies adopted

government regulation principal regulatory mechanisms please respond to the followinga. determine which of the major

  Solve for the valuation of the marginal consumer

Construct the normal form of this game assuming consumers move simultaneously and choose between two strategies - what is the firm's profit-maximizing price? Explain.

  Sketch aggregate demand short-run aggregate supply and

a. sketch the aggregate demand short-run aggregate supply and long-run aggregate supply of an economy in long-run

  Herfendahl index ratio

An industry is composed of 20 firms, all with equal sales. The Herfendahl Index ratio in this industry is a. 1000 b. 500 c. 800 d. This cannot be determined from the information given.

  Inverse monthly market demand curve

Inverse monthly market demand curve

  Discuss about environmental impact on trade liberalizations

The problem belongs to Economics, particularly to Macroeconomics and the problem discusses about the environmental impact on trade liberalizations or free trade agreement.

  Suspension of international trading and financial activities

Large-scale wars typically bring a suspension of international trading and financial activities. Exchange rates lose much of their relevance under these conditions, but once the war is over governments wishing to fix exchange rates face the proble..

  Why in the arch model

Why in the ARCH model, the conditional variance on the previous residual squares can change over time to keep the unconditional variance constant?

  What is the relationship of the demand curve and marginal

What is the relationship of the demand curve and marginal cost of equilibrium in a perfectly competitive firm and a monopolistically competitive firm

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd