User Account

All Pages

Model of labour force participation

Assignment Help Finance Basics
Reference no: EM131227004

The department of Employment and training estimated the following model of labour force participation in 2001 using census data on 49 local government areas in Queensland. The median annual earnings of full-time workers in thousands of dollars, the percentage of the workforce over 35 years of age who completed year 12 and the unemployment rate were used as explanatory variables in the model.

LFP = 47.55 + 0.713*YMED + 0.326*Y12 - 1.414*UNEMP

R-Squared = 65%

Calculate the adjusted R-Squared for the model, expressing your answer as a percentage correct to two decimal places.

Reference no: EM131227004

Questions Cloud

What is the largest value that can be represented : A designer wants to represent all decimal numbers from 0 to 33. How many bits are needed? What are the binary representations for 0, 7, IS, 31 and 33? What is the largest value that can be represented?
Confidence interval for the coefficient of age : Construct a 95% confidence interval for the coefficient of AGE. Report the upper limit only correct to one decimal place.
Calculate the vif for x2 correct to two decimal places : A multiple regression model is estimated using 3 explanatory variables. The r^2 was found to be 0.77. the coefficient of determination for the regression of X2 on the other explanatory variables was found to be 0.69. Calculate the VIF for X2 corre..
Find the cutoff frequency of a low-pass filter : An ideal low-pass filter with cutoff frequency ƒ passes all signal energy below ƒ, and rejects all signal energy above. Find the cutoff frequency of a low-pass filter such that square waves at I khz and 2 kHz, with amplitudes of I.IV and I.2V resp..
Model of labour force participation : The department of Employment and training estimated the following model of labour force participation in 2001 using census data on 49 local government areas in Queensland. The median annual earnings of full-time workers in thousands of dollars,
What do you see as your strengths and weaknesses : How might your personality type influence your job performance? Based on the results of your assessment, what do you see as your strengths and weaknesses?
Major determinants of the average daily expenditure : The manager of a Barrier Reef resort wished to know the major determinants of the average daily expenditure by tourists (measured in dollars). From interviews with 18 tourists who have stayed at Great Barrier Reef holiday resorts,
Percentage of observations : In a positively skewed distribution, the percentage of observations that fall below the median is:
Probability that the subject tested negative : Among 148 subjects with positive test results, there are 20 false positive results; among 153 negative results, there are 44 false negative results. If one of the test subjects is randomly selected, find the probability that the subject tested neg..

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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