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Here is an estimator for the population average that might be applied when you know the data generating process produces only nonnegative numbers. Take each number in the sample, square it, find the average of the squared values, and take its square root. In equation form, the formula for this Weird estimator is
√(∑i=1nYi2/n)Is this Weird estimator linear? Why or why not? Is it unbiased? A simple example that supposes there are only two possible, equally likely values for Yi will suffice to answer the question about bias.
Formulate this problem as a quadratic risk programming problem, where the objective function is to minimize the total variance-covariance matrix subject to a minimum expected return constraint, which should be parametrically varied.
Is education a public good? Does it have public good characteristics? If so, what should public policy toward education be?
Describe the legal environment of business, the sources of American law, and the basis of authority for government to regulate business.Explain basic court procedures, types of courts, and alternative dispute resolution methods.Use technology and in..
Which of following is necessarily true regarding total utility (TU) and marginal utility (MU)?Newspaper vending machines are often built so that customers can pay to lift a door and take a paper off a pile of daily newspapers. Newspaper distributor..
In 2002, the Ninth Circuit court agreed that the punitive damages were too high given a US Supreme Court decision that punitive damages should be commensurate with the actual damages.
at the start of 1996 the annual interest rate was 6 percent in the united states and 2.8 percent in japan. the exchange
Compare and contrast the free market systems with planned economies. Determine the benefits and drawbacks of each. Analyze the different ways to evaluate economic performance and determine which provides the best assessment of the economy.
What is the payoffof option and illustrate the payoff on a graph with stock price on the x-axis and the payoff on they-axis.
Under what conditions will a country experience constant or increasing cost? Why is that the pre-trade production points have a bearing on a comparative cost under conditions of constant costs?
A city called "Ludwig" is monocentric. The rate at which the price of apartments falls there as a function of the distance of the apartments from the central business district, isn't linear.
bubba wildcat has the opportunity to buy a tract of land under which he believes there is oil with 0.40 probability
How much output will each firm produce in the Cournot-Nash equilibrium?
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