Explain the term nonsensical

Assignment Help Macroeconomics
Reference no: EM131444445

Question: 1. Suppose that a linear probability model yields a predicted value of Y that is equal to 13. Explain why this is nonsensical.

2. In Table 11.2 the estimated coefficient on black is 0.084 in column (1).0.688 in column (2), and 0.389 in column (3). In spite of these large differences, all three models yield similar estimates of the marginal effect of race on the probability of mortgage denial. How can this be?

1933_11.2.png

1232_11.3.png

Reference no: EM131444445

Questions Cloud

Provide background information on consumer indebtednes : MKT 3200 -Report on specific tactics (in terms of stimuli and employed stimulus factors as well as promotion-focused motives versus prevention-focused motives) by which American financial institutions facilitate learning and encourage indebtedness..
Confidence interval for the quality difference : 1. Find the two-sided 95% confidence interval for the quality difference. Is there a significant difference in quality? How do you know?
How close were you to estimating your number of daily steps : PE 131- How close were you to estimating your number of daily steps? How close were you to meeting your goal(s)? List some strategies you used to better attain your goal(s).
Compute the value of pet food company bonds : Pet Food Company bonds pay an annual coupon rate of 9.66 percent. Coupon payments are paid semiannually. Bonds have 4 years to maturity and par value of $1,000. Compute the value of Pet Food Company bonds if the market interest rate on this type of b..
Explain the term nonsensical : In Table 11.2 the estimated coefficient on black is 0.084 in column (1).0.688 in column (2), and 0.389 in column (3). In spite of these large differences, all three models yield similar estimates of the marginal effect of race on the probability o..
Pro-choice-pro-life and region of the country : The results of a 2013 Gallup poll about people's position on abortion (pro-life or pro-choice) by region in the country are summarized in the contingency table below.
Compute the value of this stock price in five years : Suppose that a firm’s recent earnings per share and dividend per share are $2.55 and $1.40, respectively. Both are expected to grow at 11 percent. However, the firm’s current P/E ratio of 15 seems high for this growth rate. Compute the value of this ..
Blood samples for dwi cases : Find and explain Texas law regarding taking blood samples for DWI cases. Much of Texas law on this subject can be found under Implied Consent law. Be sure to explain when or if search warrants are needed to get blood samples form persons who ref..
Sample came from a normally distributed population : Based on this information, find a 95% confidence interval regarding the standard deviation for the number of daily cars accidents in parking lots in the state of Texas. Assume the sample came from a normally distributed population. Round final res..

Reviews

Write a Review

Macroeconomics Questions & Answers

  Point increase in inputs leads to less return

Why is it that in production sometimes after a certain point increase in inputs leads to less return?

  What are maximum profits

Given the current wage is $100 and the price of output is equal to $3.00. 1. How many workers need to be hired? 2. What are maximum profits?

  International trade agreement

Choose one international trade agreement. For Example European Union, A.D.E.C., NAFTA, etc. List 3-5 guidelines of the agreements. No conclusions about the agreement. Discuss with examples pros and cons on this international trade agreement from..

  National saving and new equilibrium interest rate

1. A production function can exhibit increasing, constant or decreasing returns to scale. Describe the meaning of this statement using a simple production function Y = F (K, L), where K is capital and L is labor.  Why might it exhibit increasing o..

  Compute the real price of the tv for each year to answer

With base year 2002, the CPI in 2011 and 2012 were 240 and 250, respectively. If a flat screen TV cost $1164 in 2011 and $1200 in 2012, was the flat screen TV more expensive in 2012?

  Implications of bankruptcy on lenders

Explain why Brownstown's management was reluctant to release this information to its lenders.

  Inflation/cpi calculations

2) Refer to table above.  Consider a simple economy that produces only three products: burritos, flashlights, and golf balls. Use the information in the table to calculate the inflation rate for 2013 (vs. 2012), as measured by the consumer price inde..

  Define zero-day exploit

What is a Zero Day Exploit?  Describe the effects caused by one or more ZDEs that recently has been reported in news articles.  Describe how ZDEs can be used to affect cybercrime, cyber espionage, and cyber terrorism

  How does fed work to protect itself from political pressure

What factors make the Fed independent from politics? Why is there so much political pressure on the Fed, despite its independence - How does the Fed work to protect itself from political pressure?

  What would each political philosophy of utilitarianism

Illustrate what would each political philosophy of utilitarianism, liberalism, and libertarianism likely suggest should be done in this situation.

  Total and marginal utility of the fourth ice cream

The price of an ice cream cone is £1.50 and you buy three ice cream cones per week. If the price of an ice cream cone falls to £1.25 and you still buy three ice cream cones per week, which of the following is TRUE? a) The total utility of the four..

  Comparative advantage in lawn mowing

Once again, in an hour, David can washcars or mowlawn, and Ron can washcars or mowlawn. Who has the comparative advantage in car washing, and who has the comparative advantage in lawn mowing?

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