coefficient * r= 0.5587557 Problem 5 a. Explain which variable you chose as the explanatory variable and discuss why. - The first grade is the explanatory variable because the expectation is that that score will predict what the final score. b. Produce a scatter plot and insert the result here - scatter plot c. Find the equation of the regression line. Write it in the form of y=a+bx‚ where a is the y-intercept and b is the slope. * y = 94.287 – 0.314x d.
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Final Exam Study Guide: -Starting from the end of WWI discuss the development in the parts of the Ottoman Empire that today make up Turkey. This questions requires you to discuss the allied occupation‚ the Sultan’s decisions‚ the resistance‚ the resistance‚ rise of Mustafa Kemal‚ the grand national assembly…. All the way through to the treaty of Lausanne. After the End of World War I‚ the former Ottoman Empire was occupied by Allied forces who occupied the entire area of modern day Turkey. The
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BX06332 March 5‚ 2013 POLI 387 A Monopoly‚ Not a Democracy The board game Monopoly has been a source of entertainment for many years and millions of people have played it. It is even distributed in several countries‚ and in several languages. When one analyzes the game Monopoly it can be compared to a political-economic system. The game Monopoly can be compared to an obvious political-economic system: a monopoly. A monopoly is quite different than a market oriented enterprise. It is often
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chapter twelve fiscal policy CHAPTER OVERVIEW This chapter looks briefly at the legislative mandates given to government to pursue stabilization of the economy; it then explores the tools of government stabilization policy in terms of the aggregate demand-aggregate (AD-AS) model. Next‚ some fiscal policy measures that automatically adjust government expenditures and tax revenues when the economy moves through the business cycle phases are examined. Finally‚ problems‚ criticism‚ and complications
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Microeconomics Homework Problem 1: C(Q) = 100 + 20Q + 15Q^2 + 10Q^3 a) Fixed Cost (doesn’t change depending on output produced) = 100 b) Variable Cost of producing Q = 10 units: 20*10 + 15*10^2 + 10*10^3 = 200 + 1‚500 + 10‚000 = 11‚700 c) Total Cost of producing Q = 10 units: C(10) = 100 + 20*10 + 15*10^2 + 10*10^3 = 11‚800 Alternatively‚ we have Total Costs of Producing Q=10 units = Fixed Costs + Variable Costs of producing Q = 10 units = 100 + 11‚700 = 11‚800 d)
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Seminar 2 Topics Covered: Heckscher-Ohlin Model Part I and II 1. This exercise uses the Heckscher-Ohlin model to predict the direction of trade. Consider the production of hand-made rugs and assembly line robots in Canada and India. Problem 1 Answer a) Which country would you expect to be relatively labor-abundant? Capital-abundant? Why? Labor-abundant: India. Capital-abundant: Canada b) Which industry would you expect to be relatively labor-intensive? Capital-intensive? Why? Handmade
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Identify an example through research of a business that has temporarily shut down operations in the short run. What led to this decision? Did the firm resume operations at a later date? Identify an example through research of a business that has temporarily shut down operations in the short run. What led to this decision? Did the firm resume operations at a later date? Identify an example through research of a business that has temporarily shut down operations in the short run. What led to this decision
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Harris ECN 3000 Homework #1 Please show your work and answers to all parts on separate paper. It will probably be in your best interest to keep this sheet and make a copy of your answers since I may not return your graded homework before the test. Use the following information to answer questions 1-13 below. Two countries‚ Athens and Troy‚ produce two goods‚ ships and food‚ according to the following production functions: 1 ship = 4 capital + 2 labor 1 food = 1 capital + 3 labor. Athens
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1. Determining changes in equilibrium price and quantity for a perfectly competitive industry given changes in demand and/or supply (Ch. 2‚ p. 60-65; Class Notes) A. Graphical analysis given demand and supply curves (a) While there is increased awareness of Vitamin C available from orange juice‚ a hard‚ freezing winter occurs in most of the orange producing areas. Demand increases while supply decreases. (b) While the technology used for tobacco production is improving‚ there is increased
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1 INTRODUCTION 1.1 Definition of economics Economics is a social science‚ positive as well as normative‚ divided into microeconomics and macroeconomics‚ concerned with how society allocates limited factor inputs to produce goods and services to satisfy unlimited human wants. 1.2 Economics as a social science A social science is the study of a particular aspect of human behaviour using the scientific method. Examples of social sciences are economics‚ sociology and
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