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You have won a contest and are allowed to choose between two prizes. One option is to receive $200 now and another $200 a year from now. The second option is $150 now and $255 a
Suppose years of schooling, s , is the only variable that affects earnings. The equations for the weekly salaries of male and female workers are given by w m = 500 + 100 s and
how run ditributed lag model and how select lag length?
when is an econometric model said to be simple and naive
Consider the following short run production function. Q 0 15 35 60 90 115 135 150 16
What is the expected value and variance of y = 3x+2 knowing that E(X) = 8 and var(X) = 4.
Question: The data needed to answer this question are in Assignment3.dat, which is a subset of a larger dataset on wages and attributes of husband and wives in American househo
You are considering a new line of consumer products. You expect revenues of $14 million in each of the next ten years, while expenses are half of revenues (all cash flows are assum
A brief summary of the procedure of maximum likelihood.
explain the method with an example
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