Explanation in human captial model for following concepts

Assignment Help Business Management
Reference no: EM131309502

In the model: wage=4+6educ+?

a. where wage is measured in $/hour and educ is measured in years, what is the predicted effect on wage of an additional two years of education? How much would a person with no education expect to make?

b. Write in words a one to two sentence definition and explanation in this human captial model for the following concepts:

a. slope of the regression line

b. disturbance

c. homoskedasticity

Reference no: EM131309502

Questions Cloud

Healthcare decisions on a system : What kind of insurance, from your point of view, is the most popular? Why? What circumstances make it difficult to base healthcare decisions on a system where the patient, decision maker, and deep pocket are the same person?
Explain services that organization provides through cloud : Explain the services that the organization provides through the cloud, and examine the business operation that is enhanced through providing these services through the cloud.
Discuss joes intercultural skills : Discuss Joe's intercultural skills. Specifically, what mistakes did he make? What did Nakamura's response probably mean?
How much leather is bought and sold with the tax in place : Suppose that the government wishes to reduce the externality to efficient levels by imposing a restriction on quantity (a quota). What maximum level of output should it set for leather production? What price would prevail in the marketplace once t..
Explanation in human captial model for following concepts : a. where wage is measured in $/hour and educ is measured in years, what is the predicted effect on wage of an additional two years of education? How much would a person with no education expect to make? b. Write in words a one to two sentence defi..
Describe the proposed solution for the problem : Describe the proposed solution (or intervention) for the problem and the way(s) in which it is consistent with current evidence. Heavily reference and provide substantial evidence for your solution or intervention.
Lol street journal as a monopolist charge : 1. What price does the LOL Street Journal as a monopolist charge in each market? 2. What quantity is sold in each market? 3. How much pro?t does the journal make? (Round up to the second decimal).
What is the lowest price that you expect pollution permits : Suppose that XL and IPSP are both capable of reducing emissions by 5 tons, but that it costs XL $50, and IPSP $100, to clean up each ton of emissions. Comment on the fairness of Packer's proposal in light of this additional information.
Find multiple versions of companys site : Choose a large, global company and explore their website. Do you find multiple versions of the company's site for different countries?

Reviews

Write a Review

Business Management Questions & Answers

  Explain why is it important to use systems analysis

Why is it important to use systems analysis and design methodologies when building a system? Why not just build the system in whatever way seems to be quick

  On what authority do federal agencies require bidders

On what authority do federal agencies require bidders on government contracts to formulate and carry out affirmative action plans?

  Why plaintiffs claimed among other things

The plaintiffs claimed that, among other things, the new rules violated their right to freedom of speech. They asked the court to enjoin the enforcement of the rules. Should the court grant this request? Why or why not?

  Computer without operating system

"What-inconveniences-that-a-user-can-face-while-interacting-with a computer without operating system"

  Stealing money from students

School officials suspected that a physical education teacher was stealing money from students. Two hidden video cameras were placed in his office. The office was also used by other gym teachers and was where the teachers changed their clothes.

  Elements of an organization motivation pla

Identify significant elements of an organization motivation plan that encourage high job satisfaction, high productivity, high quality work, and low turnover (i.e., job flexibility, training, recognition)

  Different aspects of a business on the ways

There is a variety of legislation that can impact on different aspects of a business on the ways in which an organisation provides customer service. Make a list (at least five) of the different types of legislation that apply to the business.

  Difference in the mean number of months

A senior accounting major at Midsouth State University has job offers from 4-CPA companies. To explore the offers further, she asked a sample of recent trainees how many months each worked for the company before receiving a increase in salary.

  Develop in researching and writing the comprehensive project

The purpose of the Discussion Board is to allow students to learn through sharing ideas and experiences as they relate to course content and the DB question.

  Who was behind the scam and what was their punishment

What piece of advice in Chapter 6 would have prevented people from getting caught by the Moldova scam?

  Team buildingexplain methods for developing a team that are

team buildingexplain methods for developing a team that are creative and innovative.describe how to develope skills for

  How would you respond to the director

How would you respond to the director? -  What mistakes did Young make that contributed to the problems at the end of the case?

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