Suppose we have a data set with only two observations y1

Assignment Help Macroeconomics
Reference no: EM13378326

Suppose we have a data set with only two observations, y1 and y2. The general formula for the sample average is: sample average=1/2(y1+y2) Suppose y1 and y2 are sampled from the population in such a way so that they are correlated with each other. in particular, suppose that cov(y1,y2)= \(\gamma\) and does not equal zero. does this change wheter or not the sample average is unbiased. why or why not?

Reference no: EM13378326

Questions Cloud

In order to have money available for replacing their family : in order to have money available for replacing their family vehicle a couple planned to have 220000 available in 10
A private-garage owner has identified two distinct market : a private-garage owner has identified two distinct market segments short-term parkers and all-day parkers with
Perry is a freshman he estimates that the cost of tuition : perry is a freshman he estimates that the cost of tuition books room and board transportation and other incidentals
Louis welch is general manager of united tanning salons : louis welch is general manager of united tanning salons. during 2012 welch worked for the company all year at a 6200
Suppose we have a data set with only two observations y1 : suppose we have a data set with only two observations y1 and y2. the general formula for the sample average is sample
Kirkland theater sells season tickets for six events at a : kirkland theater sells season tickets for six events at a price of 252. for the 2010 season 1200 season tickets were
What is the amount of 10 equal annual deposits that can : what is the amount of 10 equal annual deposits that can provide five annual withdrawals when a first withdrawal of 3000
Foreman company issued 800000 of 10 20-year bonds on : foreman company issued 800000 of 10 20-year bonds on january 1 2012 at 119.792 to yield 8. interest is payable
Sppose that the money demand is given by md : suppose that the money demand is given by md py0.25-isuppose that nominal income is 100 and wealth is 500 and that the

Reviews

Write a Review

Macroeconomics Questions & Answers

  Every person lobster consumption in three us cities

Assume that the following table describes prices, incomes, and every person lobster consumption in three U.S. cities.

  Estimate total revenue function and the marginal revenue

Estimate total revenue function and the marginal revenue function with just this information.

  Role of social diversity and business ethics

Discuss the role of social diversity and business ethics as it relates to globalization? Consider how different cultures around world perform such business activities.

  Explain two-tiered declining block method

Given that an individual has paid the initial minimum charge, do you expect her to consume less than the amount to which the minimum charge entitles her? To answer this question properly, you need to superimpose some indifference curves on the sam..

  Illustrate what are automatic stabilizers

Illustrate what are automatic stabilizers. What are some examples. What are your thoughts about the limits of fiscal policy.

  Germany and england had plans for paper weapon

During world war 2, both Germany and England had plans for paper weapon:they each printed each other's currency, with the intention of dropping large quantities by airplane. Why might this have been an effective weapon ?

  Suppose the economy has the following relationships in the

Suppose the Economy has the following relationships in the Goods Market?

  What is the value added in each stages of production

The baker uses the flour to make bread & sells the bread to households for RS. 6.00. The households eat the bread. What is the value added in each stages of production?

  Why the postal service is seeking a rate increase

In 2009, the US Postal Service increased first-class postage rates from 42 cents to 44 cents. The service had been losing money. One of the reasons is increased competition from companies such as United Parcel Service

  Growth rate of the economy in the future

Economists generally agree that high budget deficits today will reduce the growth rate of the economy in the future

  Monopoly profit and cartel profit

The ten firms have banded together to form a cartel, and the cartel sets the monopoly price. The cartel agreement limits each firm to an output of one-tenth of the total amount demanded at the cartel price.

  True or false question of macroeconomics

Answer whether the following statements are true or false, explaining your answer in each 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