Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q. Construction of the causal model - regression analysis?
The construction of an explanatory model is a crucial step in the regression analysis. It should be defined with reference to the action theory of intervention. It is likely that different kinds of variable exist. In a number of cases, they may be specially created, for instance to take account of the fact that an individual has benefited from support or not (a dummy variable, taking values 0 or 1). A variable can also represent an observable characteristic (having a job or not) or an unobservable one (probability of having a job). The model may suppose that a particular variable develops in a linear, logarithmic, exponential or other way. All the explanatory models are constructed on the foundation of a model, like the following, for linear regression:
Y = β0 + β1X1 + β2X2 + .... + βkXk + ε, where
Y is the change that programme is primarily supposed to produce (for example employment of trainees)
X1-k are independent variables likely to describe the change.
β0-k are constants and
ε is the error term
Phenomena of co-linearity weaken the explanatory power. For instance, when questioning women about unemployment, if they have experienced periods of previous unemployment that are systematically longer than those of men, it won't be possible to separate the influence of the two explanatory factors: gender and duration of previous unemployment.
Q. What do you mean by Kinked Isoquant? This isoquant presumes only limited substitutability of labour andcapital. There are just a few processes for generating any one commodi
Assignment
explain the law of demand. briefly discuss the exception to the law of demand
Disposable Income This is the income which households actually have available to spend or to save. To calculate disposal income, which is indicated by Ya, the statistician mu
MONOPOLISTIC PRACTICES The following practices may be said to characterize monopolies. Exclusive dealing to supply and collective boycott Producers agree to supply onl
Borrowing Facilities If a country's currency is not convertible, it can borrow from countries whose currencies are convertible and use the convertible currencies to make its i
define equi marginal principle
Calculate point elasticity of demand for demand function Q=10-2p for decrease in price from Rs 3 to Rs 2
I can''t figure out the economic model of a company that I''m supposed to write a report about. The company is a tier 2 supplier, and over the years has bought out several subsidia
FACTORS RESPONSIBLE FOR WAGE DIFFERENTIALS WITHIN THE SAME OCCUPATION i. Differences in the environment: For example a doctor sent to North Eastern Province must be pai
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd