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Consider a Simple Linear Regression Model (SLRM) of the form y= a1+a2X+e where e ~ N(0,σ2)(Use the assumptions outlined in our class and available for review in the lecture notes posted on RamCT to answer the following questions)
(a) Identify the dependent variable in this model. Is it random? If so, how is it distributed (what is the mean and variance)? Is it observable or not?
(b) Identify the parameters of this model. Are they random? If so, how are they distributed (what is the mean and variance)? Is it observable or not?
(c) Identify the error term in this model. Is it random? If so, how is it distributed (what is the mean and variance)? Is it observable or not?
Explain the stages and various coordination mechanisms involved in policy processes. Discuss various factors that influenced the agenda setting in policy processes
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expected solution plus hypothesis
Given for a closed economy: C = $20 + 0.50Y D I = $40 G = $10 Y D = Y- T 0 T 0 = $5 Determine: (a) the equilibrium
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Choose a share from a market such as LSE, NYSE, NASDAQ, etc. [Data sources could be Datastream, Google Finance or others]. Prepare a report which involves the following aspects:
As in the model solved initially, the following is the LP model Maximize Z = $42.13*(x 11 + x 12 + x 13 + x 14 ) + $38.47*(x 21 + x 22 + x 23 + x 24 ) + $27.87*(x 31 + x
Question 1: a) Explain what is a VAR giving an example both in the form of an equation and matrix. Discuss its benefits and limitations. b) How can we estimate a VAR invol
Ask question #are there any welfare or subsidy payment that should be reviewed or added?
what is the importance of price
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