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    econometrics

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    Assumptions ˆ Consider the univariate linear regression framework: Yi = β0 + β1 Xi + ui ˆ Until now‚ it was assumed that E (ui |Xi ) = 0‚ i.e. conditional mean independence. ˆ Let’s relax this assumption and allow the covariance between Xi and ui to be dierent from zero. ˆ Our problem here is that ui is not observed. ˆ Doing OLS yields inconsistent estimates (remember the OVB formula). ˆ In this case we refer to Xi as an endogenous variable. ˆ The way to get consistent estimates is to use an

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    Mausoleum of Halicarnassus

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    Webster Online: http://www.merriam-webster.com/ Spivey‚ N. (1997). Greek Art. Singapore: Phaidon Press Limited. vorbehalten‚ ©. P.-I.-A. (2000). Mausoleum. Retrieved September 24‚ 2011‚ from Bodrumpages: http://www.bodrumpages.com/English/mausoleum.html Xu‚ M. (n.d.). Mausoleum at Halicarnassus. Retrieved September 25‚ 2011‚ from Mausoleum at Halicarnassus: http://www.personal.psu.edu/mux101/mausoleum.html

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    Peter Singer Essay Example

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    Peter Singer- Famine‚ Affluence‚ and Morality Pamela Buitimea PHI 208 April 1‚ 2013 Instructor Galen Johnson Peter Singer- Famine‚ Affluence‚ and Morality Who is Peter Singer? Peter Singer was a man with many beliefs and thoughts about what he feels and what he thinks things ought to be. The argument "Famine‚ Affluence‚ and Morality" by Peter Singer suggests that “the agent which is praiseworthy for giving to charity but not blameworthy for not giving to charity is wrong‚ and the agent which

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    Answer Key

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    1‚ 2‚ . . . ‚ n and (xi ‚ yi ) : i = 1‚ 2‚ · · · ‚ n are sets of n pairs of numbers‚ then: n n n (ai xi + bi yi ) = i=1 i=1 ai x i + i=1 bi yi 2. FALSE If xi : i = 1‚ 2‚ . . . ‚ n is a set of n numbers‚ then: n n n n n (xi − x) = ¯ i=1 n i=1 2 x2 i − 2¯ x i=1 xi + i=1 x = ¯ i=1 2 x2 − n¯2 x i where x = ¯ 1 n i=1 xi 3. TRUE If xi : i = 1‚ 2‚ . . . ‚ n is a set of n numbers and a is a constant‚ then: n n a xi = a i=1 n i=1 xi = a n x ¯ where x = ¯ 1 n i=1 xi 4. FALSE If X and Y

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    correspondence are excellent doctors while [those who treat disease] in contravention to this correspondence are unskillful doctors. 灵枢.九针十二原:凡用针者,虚则实之,满则泄之,宛陈则除之。 The general rule of acupuncture is [to use] reinforcing [techniques to deal with] Xu (Deficiency or Asthenia)‚ [to use] reducing [techniques to deal with] Man (Excess or Sthenia)‚ [to use] removing [techniques to deal with] stagnation [of Qi and blood]‚ [to use] attacking [techniques to deal with] predominance of Xie (Evil). 素问.至真要大论:气有多少,病有盛衰,治有缓急,方有大小。

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    Your Gender Plays a Role in Society For hundreds of years‚ and even in the present day‚ women have always been put on the bottom shelf. Men have always had the power‚ with women left to follow. The Perfect Bride and Footbinding are both stories that reveal the dominance of men over women‚ and show the sacrifices women have made to be "ideal" in the eyes of their culture‚ as well as to the men who lead them. In The Perfect Bride‚ a story by Dandin‚ Saktikumara says "There is no happiness without

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    The Social Identity Theory addresses phenomena such as prejudice‚ discrimination‚ intergroup conflict and stereotyping in terms of personality or interpersonal interactions. Tajfel and Turner (1979) suggested that the differentiation of two groups was enough for the emergence of prejudice. Stereotyping is seen as unfair generalisations about members of a group. It is viewed as problematic and resistent to change. Stereotypes are cognitive representations of how members of a group are similar to one

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    Global Hunger Issues

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    While World Vision’s 40 Hour Famine simply raises money and sends meals and food to impoverished countries‚ other organisations use money from donations to help in other ways. Stop Hunger Now‚ another global hunger initiative‚ packages meals in currently 71 countries‚ 88.5% of donations

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    Holodomor: Stalin’s Man - Made Famine Holodomor is a man - made famine that took place between 1932 and 1933. The famine occurred in the Ukraine after the original leader Vladimir Lenin died and Joseph Stalin took control. When Stalin took control‚ he started new farming policies in which private farmland was ordered to give a large portion of their crops to the government. This made private farmers angry which started a revolt. In response to these revolts‚ Stalin ordered all farmland and livestock

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    Histogram of b0 Figure 2: Histogram of b1 2 i b. As we have known‚ b1 = i i(Xi −X)2 = i (Xii −X)2i = i Ki Yi whereKi = Xi −X¯ 2 ¯ ¯ i i i (Xi −X) So‚ b1 is a linear combination of Yi . Since Yi has a normal distribution‚ b1 also follows a normal distribution. E(b1 ) = i Ki E(Yi ) = i Ki (β0 + β1 Xi ) = i Ki β0 + ( i Ki Xi )β1 ¯ i (Xi −X) =0 ¯ i Ki = (Xi −X)2 i i i i i i i =1 ¯ 2 = ¯ 2 i Ki X i = i (Xi −X) i (Xi −X) E(b1 ) = 0 + 1 ∗ β1

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