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1. Find the equation of the regression line for the given data. What is the predicted value of Y when X = -2? What is the predicted value of Y when X = 4? X -7 -2 5 1 -1 -2 0 2 3 -3 Y -12 -8 9 1 -5 -6 -1 4 7 -8
2. The data below are the final exam scores of 10 randomly selected statistics students and the number of hours they studied for the exam. Find the equation of the regression line for the given data. Predict the final exam score for students who studied 4 hours. Predict the final exam score for students who studied 6 hours. Hours (X) 3 5 2 8 2 4 4 5 6 3 Score (Y) 75 90 70 98 76 88 95 99 98 81
Illustrate with a diagram and explain the long-run perfectly competitive equilibrium for the firm and explain and illustrate using a diagram why a monopolist would never produce in the inelastic range of the demand curve.
Assume the Fed decides to buy $1 billion in Treasury bonds from the public. Suppose that the reserve requirement is 10%. What takes place to the interest rate and money supply?
A can manufacturing company produces and sells three different types of cans:Versions X, Y, and Z. A high-level, simplified profit/loss statement for the company is provided here. Corporate overhead(rent, general and administrative expense,etc.) i..
derive an expression for the aggregate expenditure curve and graph it on your exam sheet labeling this initial
at what rate of gdp growth would indicate that our economy is in an expansionary phase of the business cycle? do you
Conduct a cost-benefit analysis of obtaining a graduate degree. Assess both the short-term and the long-term costs and benefits to determine why some people obtain the extra education while others do not.
offshore petroleums fixed costs are 2500000. selling price per barrel of oil is 18 and variable costs per barrel are
identify an example in which a firm you are familiar with made a strategic decision that was focused on improving the
a small supermarket is trying to determine how many copies of people magazine it should order next week. the owner
a countrys culture reflects and shapes its values and each country adopts laws that reflect their prevailing ethical
what is the opportunity cost of investing in capital do you think a country can overinvest in capital what is the opportunity cost of investing in human capital do you think a country can overinvest in human capital
How government intervention in the form of a tax on producers can make the post-policy outcomes even worse than the pre-policy position and explain the underlying economic logic of this proposition.
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