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A friend tells you that you should never be a patient in a teaching hospital because the death rate among patients in teaching hospitals is higher than in other hospitals.(b) Write down a regression equation where the dependent variable is the death rate in a hospital, and one explanatory variable is whether a hospital is teaching or not.(c) Interpret the meaning of the regression coefficient on the explanatory variable.(d) What sign of the coefficient in (c) would correspond to your friend’s story? (e) Do you agree with the interpretation of the coefficient your friend provides? If not, explain why not?(f) How can you change the regression equation to support your explanation in (e)?
Business intelligence
What is the percent value of the bond in the absence of inflation if the market interest rate is 8%? (b) What would happen to the value of the bond if the inflation rate over the next five years is expected to be 3%?
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Share markets all over the world often increase or decrease together. What does a rise in the stock market indicate to you about the level of current and expected growth in the world economy?
q1. how an airline executive might use tourism economics relating to passengers load factors ticket prices discounts
Three alternatives are being considered. Alternative A has a useful life of 3 years; Alternative B, 5 years; and Alternative C, 6 years. Using the longest life (LCM) approach, what is the planning horizon?
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The maintenance on a machine is expected to be $155 at the end of the first year, and increasing $35 each year for the following seven years. What present sum of money would need to be set aside now to pay the maintenance for the eight-year period? A..
Assume quantity theory of money holds with constant K and Kf. Suppose Mexico wants to stabilize the exchange rate of its currency with US dollar (dollars/peso). If Mexico has a real GDP growth rate of 6%, what is the money supply policy Mexico should..
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PC-World is a U.S. manufacturer of personal computers. The CEO is looking at opportunities for off-shore production. The selection of the country where PC-World will establish a production facility will depend on the following two factors: 1. The loc..
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